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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="eqcdx_ReverseRepurchaseAgreementsRiskMember_lbl" xml:lang="en-US">Reverse Repurchase Agreements Risk [Member]</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="eqcdx_CounterpartyRiskMember" xlink:to="eqcdx_CounterpartyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="eqcdx_CounterpartyRiskMember_lbl" xml:lang="en-US">Counterparty Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="eqcdx_CybersecurityRiskMember_lbl" xml:lang="en-US">Cybersecurity Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="eqcdx_LeverageRiskMember_lbl" xml:lang="en-US">Leverage Risk [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="eqcdx_LargeShareholderConcentrationRiskMember_lbl" xml:lang="en-US">Large Shareholder Concentration Risk [Member]</link:label>
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      <link:loc xlink:type="locator" xlink:href="eqcdx-20261028.xsd#eqcdx_CommonSharesMember" xlink:label="eqcdx_CommonSharesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="eqcdx_CommonSharesMember" xlink:to="eqcdx_CommonSharesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="eqcdx_CommonSharesMember_lbl" xml:lang="en-US">Common Shares [Member]</link:label>
    </link:labelLink>
</link:linkbase>
