ETSX.TO vs CNCC.TO: Income Fund Comparison
Evolve S&P/TSX 60 Enhanced Yield Fund - Canada (ETSX.TO) and Global X S&P/TSX 60 Covered Call ETF - Canada (CNCC.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: ETSX.TO individual review · CNCC.TO individual review
ETSX.TO: Management expense ratio is 0.69% CNCC.TO: MER is 0.54% ETSX.TO fund inception date was January 9 2023. CNCC.TO fund inception date was March 16th 2011. Full Dependability and Return scores for both funds are available in the app.
| ETSX.TO | CNCC.TO | |
|---|---|---|
| Fund Name | Evolve S&P/TSX 60 Enhanced Yield Fund - Canada | Global X S&P/TSX 60 Covered Call ETF - Canada |
| Fund Type | Index Based Fund | Index Based Fund |
| Exchange | TSX | TSX |
| Last Reviewed | 2025-12-10 | 2025-06-02 |
| Author | Adam Hyde, Income Investing Analyst | |
🔒 Full scores available — with Premium subscription
Compare Performance — Free →Fund Attributes: ETSX.TO vs CNCC.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.
Management expense ratio is 0.69%
MER is 0.54%
Evolve has about $8 Billion in Assets under management.
Mirae Global X has more than 40 Billion under management.
Fund inception date was January 9 2023.
Fund inception date was March 16th 2011.
About $157 million in this fund.
107 Million net assets invested in this fund.
Risk: ETSX.TO vs CNCC.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.
Beta is about 0.63 which is low.
Portfolio visualizer says the beta is 0.64 which is lower volatility.
See the full Risk analysis for both ETSX.TO and CNCC.TO — volatility ratings, diversification scores, and analyst notes.
View Plans →Return: ETSX.TO vs CNCC.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.
Pays monthly dividends.
Pays monthly.
See the full Return analysis for both ETSX.TO and CNCC.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 ETSX.TO and CNCC.TO are available in the Dependable Income Investing app.
See our full scoring methodology →
Frequently Asked Questions: ETSX.TO vs CNCC.TO
Which has a lower expense ratio, ETSX.TO or CNCC.TO?
ETSX.TO: Management expense ratio is 0.69%
CNCC.TO: MER is 0.54%
Which fund has more assets under management, ETSX.TO or CNCC.TO?
ETSX.TO: About $157 million in this fund.
CNCC.TO: 107 Million net assets invested in this fund.
Which fund has been trading longer, ETSX.TO or CNCC.TO?
ETSX.TO: Fund inception date was January 9 2023.
CNCC.TO: Fund inception date was March 16th 2011.
Who manages ETSX.TO vs CNCC.TO?
ETSX.TO: Evolve has about $8 Billion in Assets under management.
CNCC.TO: Mirae Global X has more than 40 Billion under management.
Where can I see the full ETSX.TO vs CNCC.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.
What is the difference between ETSX.TO and CNCC.TO?
Evolve S&P/TSX 60 Enhanced Yield Fund - Canada is a Index Based Fund. Management expense ratio is 0.69%. Global X S&P/TSX 60 Covered Call ETF - Canada is a Index Based Fund. MER is 0.54%. Full comparison including Dependability Score is available in the Dependable Income Investing app.
Which is better for income investors, ETSX.TO or CNCC.TO?
ETSX.TO: Management expense ratio is 0.69%. Fund inception date was January 9 2023. CNCC.TO: MER is 0.54%. Fund inception date was March 16th 2011. Which scores higher on Dependability and Return is available in the Dependable Income Investing app.
Do ETSX.TO and CNCC.TO pay monthly distributions?
ETSX.TO: Pays monthly dividends. CNCC.TO: Pays monthly. Full yield and distribution stability scores for both funds are available in the Dependable Income Investing app.
See the Full ETSX.TO vs CNCC.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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