ducovest

ENCC:CA:TSX-Global X Canadian Oil and Gas Equity Covered Call ETF (CAD)

ETF | Others |

Last Closing

CAD 11.35

Change

0.00 (0.00)%

Market Cap

CAD 0.45B

Volume

0.08M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

Horizons Canadian Oil And Gas Equity Covered Call ETF is an exchange traded fund launched and managed by Horizons ETFs Management (Canada) Inc. The fund invests in the public equity markets of Canada. It uses derivatives like covered call options to invest in the stocks of companies operating in the energy sector which are involved in the crude oil and natural gas industry. The fund invests in the stocks of companies across all market capitalizations. It seeks to benchmark the performance of its portfolio against the S&P/TSX Capped Energy Index. Horizons Canadian Oil And Gas Equity Covered Call ETF was formed on April 11, 2011 and is domiciled in Canada.

Company Website : http://www.HorizonsETFs.com

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-17 )

Largest Industry Peers for Others

Symbol Name Price(Change) Market Cap
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PHYS-U:CA Sprott Physical Gold Trust

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XUS-U:CA iShares Core S&P 500 Index ETF

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HXT-U:CA Global X S&P/TSX 60 Index ETF

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CEF-U:CA Sprott Physical Gold and Silve..

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PSLV-U:CA Sprott Physical Silver Trust

N/A

 CAD 3.29B
NSCB:CA NBI Sustainable Canadian Bond ..

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 CAD 2.78B
ZMMK:CA BMO Money Market Fund ETF Seri..

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 CAD 2.68B

ETFs Containing ENCC:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Others) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 8.20% 40% F 42% F
Dividend Return 12.39% 99% N/A 99% N/A
Total Return 20.59% 66% D+ 65% D
Trailing 12 Months  
Capital Gain 2.90% 13% F 21% F
Dividend Return 14.14% 97% N/A 98% N/A
Total Return 17.04% 44% F 45% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -1.02% 20% F 26% F
Dividend Return -0.45% 23% F 21% F
Total Return 0.57% 93% A 38% F
Risk Return Profile  
Volatility (Standard Deviation) 5.80% 73% C 88% B+
Risk Adjusted Return -7.80% 22% F 19% F
Market Capitalization 0.45B 85% B 58% F

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.