Global X Canadian Oil and Gas Equity Covered Call ETF (ENCC.TO) ETF Analysis

Fund Overview

Global X Canadian Oil and Gas Equity Covered Call ETF (ENCC.TO) is an exchange-traded fund. The fund holds CA$777.55M in total net assets. The fund is issued by Global X Investments Canada Inc. It has been trading since April 11, 2011.

Its biggest positions are Global X Equal Weight Cndn Oil & Gas ETF (NRGY.TO), Cenovus Energy Inc (CVE.TO), and ARC Resources Ltd (ARX.TO). Global X Equal Weight Cndn Oil & Gas ETF alone accounts for 34.07% of the portfolio. The ten largest positions together make up 84.38% of the fund.

Performance Analysis

ENCC.TO last closed at CA$12.83 on September 4, 2026. The trailing one-year price return is +35.11%. Across 5 years the annualized return works out at +27.00%. The trailing distribution yield is 11.08%.

The strongest complete calendar year on file is 2021 at +80.54%; the weakest is 2020 at −27.98%. Of the 7 complete calendar years on file, 6 finished higher. So far in 2026 the price is +29.96%.

Price & Risk Profile

Daily returns over the trailing 8 years annualize to a volatility of 30.95%. The reported beta is 0.55. Over the past 52 weeks the price has ranged from CA$10.10 to CA$13.42. The latest close sits 27.03% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.