NXF vs. ENCC ETF Comparison

Comparison of First Asset Energy Giants Covered Call ETF (NXF) to Horizons Canadian Oil and Gas Equity Covered Call ETF (ENCC)

NXF

First Asset Energy Giants Covered Call ETF

NXF Description

The investment objective of the Energy Giants ETF is to provide Unitholders, through an actively managed portfolio, as described below, with (i) quarterly cash distributions, (ii) the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of equity securities of the 15 largest non-Canadian Energy Companies measured by US$ market capitalization with common stock or ADRs listed on a Canadian or U.S. stock exchange, and (iii) lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly.

Grade (RS Rating)

Last Trade

$5.81

Average Daily Volume

85,786

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

ENCC

Horizons Canadian Oil and Gas Equity Covered Call ETF

ENCC Description

Horizons Canadian Oil and Gas Equity Covered Call ETF (ENCC) is a covered call ETF that gives investors exposure to some of the largest and most liquid Canadian oil & gas stocks and it then uses a covered call strategy to help generate additional income on the portfolio.

Grade (RS Rating)

Last Trade

$11.35

Average Daily Volume

144,640

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	NXF	ENCC
30 Days	0.69%	0.44%
60 Days	0.35%	5.19%
90 Days	-5.68%	-1.22%
12 Months	-3.05%	6.13%

2 Overlapping Holdings

	Symbol	Grade	Weight in NXF	Weight in ENCC	Overlap
	CNQ	D	6.73%	6.68%	6.68%
	SU	A	6.72%	6.59%	6.59%

NXF Overweight 0 Positions Relative to ENCC

	Symbol	Grade	Weight

NXF Underweight 7 Positions Relative to ENCC

	Symbol	Grade	Weight
	TOU	B	-8.34%
	MEG	D	-8.03%
	ARX	A	-7.89%
	CVE	D	-7.28%
	IMO	B	-7.16%
	VET	C	-7.04%
	WCP	D	-6.62%

NXF: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Integrated

Keywords: Crude Oil Energy Marketing Natural Gas Offshore Oil Oil Sands Petroleum Petroleum Geology Petroleum Industry Petroleum Industry In Canada S&P/Tsx 60 Index Athabasca Athabasca Oil Sands Canadian Petroleum Companies Chemical Chemical Products Electricity Energy Industry Gas Exploration

ENCC: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Integrated

Keywords: Oil Crude Oil Natural Gas Petroleum Energy Oil Sands Liquids Marketing Petroleum Geology Petroleum Industry Petroleum Industry In Canada Cardium Integrated Offshore Pipe Pipeline S&P/Tsx 60 Index Transport Athabasca Athabasca Oil Sands