Global X Enhanced Canadian Oil And Gas Equity Covered Call ETF (ENCL.TO)
About this ETF
The Global X Enhanced Canadian Oil And Gas Equity Covered Call ETF (ENCL) offers investors a way to capitalize on the upside of Canadian crude oil and natural gas companies. It strategically uses a moderate 125% leverage, primarily through cash borrowing, to amplify both capital appreciation and income potential. A central component of ENCL's approach is an active covered call option writing program, which aims to generate consistent monthly income streams and temper overall portfolio fluctuations. The fund seeks to mirror the performance of a Canadian energy sector index (currently the Solactive Equal Weight Canada Oil & Gas Index), striving to deliver substantial monthly distributions derived from a combination of dividend income and call option premiums, in addition to fostering…
Price
Top 10 holdings
This fund does not disclose a securities portfolio (e.g. physically-backed or synthetic products).
Sector mix
Price chart
Returns
| 1 month | -1.55% |
| 3 months | +4.71% |
| 6 months | +28.15% |
| Year to date | +25.82% |
| 1 year | +28.44% |
| 3 years (ann.) | — |
| 5 years (ann.) | — |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 19.85% |
| Sharpe (1y) | 1.36 |
| Sharpe (3y) | — |
| Sortino (1y) | 1.87 |
| Max drawdown (1y) | -12.31% |
| Max drawdown (5y) | — |
| Max drawdown (full) | -27.74% |
| Beta vs S&P 500 (1y) | -0.23 |
| Correlation vs S&P 500 (1y) | -0.14 |
Technical outlook as of 2026-07-13
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
This fund does not disclose a securities portfolio (e.g. physically-backed commodity products or some synthetic structures).
Sector breakdown
Geographic exposure
Cost vs. peers
Comparison universe: 6,948 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-06-30 | 2026-07-08 | CAD 0.2650 |
| 2026-05-29 | 2026-06-05 | CAD 0.2650 |
| 2026-04-30 | 2026-05-07 | CAD 0.2650 |
| 2026-03-31 | 2026-04-08 | CAD 0.2600 |
| 2026-02-27 | 2026-03-06 | CAD 0.2600 |
| 2026-01-30 | 2026-02-06 | CAD 0.2600 |
| 2025-12-31 | 2026-01-08 | CAD 0.2600 |
| 2025-11-28 | 2025-12-05 | CAD 0.2600 |
| 2025-10-31 | 2025-11-07 | CAD 0.2600 |
| 2025-09-29 | 2025-10-07 | CAD 0.2600 |
| 2025-08-29 | 2025-09-08 | CAD 0.2600 |
| 2025-07-31 | 2025-08-08 | CAD 0.2600 |
| 2025-06-30 | 2025-07-08 | CAD 0.2550 |
| 2025-05-30 | 2025-06-06 | CAD 0.2550 |
| 2025-04-30 | 2025-05-07 | CAD 0.2550 |
| 2025-03-31 | 2025-04-07 | CAD 0.2650 |
| 2025-02-28 | 2025-03-07 | CAD 0.2650 |
| 2025-01-31 | 2025-02-07 | CAD 0.2650 |
| 2024-12-31 | 2025-01-08 | CAD 0.2900 |
| 2024-11-29 | 2024-12-06 | CAD 0.2900 |
| 2024-10-31 | 2024-11-07 | CAD 0.2900 |
| 2024-09-27 | 2024-10-07 | CAD 0.2900 |
| 2024-08-30 | 2024-09-09 | CAD 0.2900 |
| 2024-07-31 | 2024-08-08 | CAD 0.2900 |
| 2024-06-28 | 2024-07-08 | CAD 0.2900 |
| 2024-05-31 | 2024-06-07 | CAD 0.2900 |
| 2024-04-29 | 2024-05-07 | CAD 0.2900 |
| 2024-03-27 | 2024-04-05 | CAD 0.2900 |
| 2024-02-28 | 2024-03-07 | CAD 0.2900 |
| 2024-01-30 | 2024-02-07 | CAD 0.2900 |
| 2023-12-28 | 2024-01-08 | CAD 0.2900 |
| 2023-11-29 | 2023-12-07 | CAD 0.2900 |
| 2023-10-30 | 2023-11-07 | CAD 0.2900 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.05% | +19.93% | 1.48 |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 1.07% | +19.68% | 1.49 |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 1.09% | +19.68% | 1.49 |
| State Street SPDR S&P 500 ETF SPY | 0.09% | 789.23B | 1.00% | +19.71% | 1.49 |
| SPDR S&P 500 ETF Trust 1557.T | 0.09% | 789.09B | 0.49% | +37.54% | 2.26 |
| State Street SPDR S&P 500 ETF SPY.AX | 0.09% | 788.13B | 1.00% | +11.84% | 1.13 |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 2.61% | +20.58% | 1.21 |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 0.43% | +28.14% | 1.43 |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 0.39% | +16.85% | 0.99 |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 2.60% | +21.64% | 1.23 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| State Street SPDR Portfolio S&P 500 ETF SPYM | 0.02% | 159.32B | 0.0% |
| Vanguard Mid-Cap ETF VO | 0.03% | 218.80B | 0.0% |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 0.0% |
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 0.0% |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 0.0% |

MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
