ENCL.TO vs ENCC.TO: Income Fund Comparison
Global X Enhanced Canadian Oil And Gas Equity Covered Call ETF - Canada (ENCL.TO) and Global X Canadian Oil and Gas Equity Covered Call ETF - Canada (ENCC.TO) are both income-focused funds. Below is our independent side-by-side review using the Dependable Income Investing 13-factor scoring system — designed specifically for income investors seeking reliable, sustainable distributions.
Also see: ENCL.TO individual review · ENCC.TO individual review
| ENCL.TO | ENCC.TO | |
|---|---|---|
| Fund Name | Global X Enhanced Canadian Oil And Gas Equity Covered Call ETF - Canada | Global X Canadian Oil and Gas Equity Covered Call ETF - Canada |
| Fund Type | Sector Based Fund - Energy | Sector Based Fund - Energy |
| Exchange | TSX | TSX |
| Last Reviewed | 2025-12-24 | 2025-12-24 |
🔒 Full scores available — with Premium subscription
Compare Performance — Free →Fund Attributes: ENCL.TO vs ENCC.TO 20% of overall score
Fund Attributes cover the foundational characteristics of each fund: cost, company backing, track record, and size. These factors reflect stability and cost-efficiency for long-term income investors.
MER is 2.29% which is high due to interest costs of the leverage.
MER is 0.76% which is on the higher side.
Mirae Asset Global Investments - a South Korean financial services company - manages over US$200 billion in assets worldwide.
Mirae Asset Global Investments - a South Korean financial services company - manages over US$200 billion in assets worldwide.
Fund started October 11th 2023.
Fund started April 11th 2011.
900 Million in ENCC.TO and ENCL.TO which are effectively the same fund.
900 Million in ENCC.TO and ENCL.TO which are effectively the same fund.
Risk: ENCL.TO vs ENCC.TO 35% of overall score
Risk factors evaluate how each fund manages volatility, diversification, and the nature of its underlying assets — critical considerations for income investors who prioritise capital preservation.
See the full Risk analysis for both ENCL.TO and ENCC.TO — volatility ratings, diversification scores, and analyst notes.
View Plans →Return: ENCL.TO vs ENCC.TO 45% of overall score
Return factors assess income generation quality: current yield, distribution consistency, price history, and payment frequency. This is the most heavily weighted category for income investors.
See the full Return analysis for both ENCL.TO and ENCC.TO — yield ratings, distribution consistency scores, and capital history.
View Plans →Our Review Methodology
Every fund reviewed on Dependable Income Investing is scored using our 13-factor Fund Report Card, organised into three weighted categories: Fund Attributes (20%), Risk (35%), and Return (45%). Each criterion is rated 1–5 by our analysts based on publicly available fund data.
We also calculate a Dependability Score — a weighted composite of six income-specific factors ranked by importance for retirement income investors: Yield Stability, Yield, Volatility, Capital History, Fund Risk, and Underlying Assets. This score answers the question income investors care about most: can I depend on this fund to pay me reliably?
Full scores, ratings, and analyst notes for both ENCL.TO and ENCC.TO are available in the Dependable Income Investing app.
Frequently Asked Questions: ENCL.TO vs ENCC.TO
Which has a lower expense ratio, ENCL.TO or ENCC.TO?
ENCL.TO: MER is 2.29% which is high due to interest costs of the leverage.
ENCC.TO: MER is 0.76% which is on the higher side.
Which fund has more assets under management, ENCL.TO or ENCC.TO?
ENCL.TO: 900 Million in ENCC.TO and ENCL.TO which are effectively the same fund.
ENCC.TO: 900 Million in ENCC.TO and ENCL.TO which are effectively the same fund.
Which fund has been trading longer, ENCL.TO or ENCC.TO?
ENCL.TO: Fund started October 11th 2023.
ENCC.TO: Fund started April 11th 2011.
Who manages ENCL.TO vs ENCC.TO?
ENCL.TO: Mirae Asset Global Investments - a South Korean financial services company - manages over US$200 billion in assets worldwide.
ENCC.TO: Mirae Asset Global Investments - a South Korean financial services company - manages over US$200 billion in assets worldwide.
Where can I see the full ENCL.TO vs ENCC.TO comparison with scores?
The complete side-by-side comparison — including all Risk and Return scores, analyst notes, Overall Score, and Dependability Score for both funds — is available in the Dependable Income Investing app.
See the Full ENCL.TO vs ENCC.TO Comparison
The Dependable Income Investing app gives you the complete picture: all 13 scoring factors for both funds, Risk and Return analyst notes, Dependability Scores, and tools to compare any income fund side by side.
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