BMO EQUAL WEIGHT BANKS INDEX ETF (ZEB.TO)…

Home

Daily Stock Opinions and Ratings

BMO EQUAL WEIGHT BANKS INDEX ETF (ZEB.TO)

78.11

-0.25 (0.32%)

as of Jul 17, 2026, 7:59:38 pm Market Open.

272 watching

Investor Insights

Jul 19, 2026, 12:00 am

This summary was created by AI, based on 11 opinions in the last 12 months.

The BMO EQUAL WEIGHT BANKS INDEX ETF (ZEB-T) has garnered a generally favorable view among experts, particularly for its strong exposure to the Canadian banking sector. With an MER of just 0.28%, it is recognized for its excellent long-term performance and robust dividends. While there are concerns about an impending economic slowdown in Canada that could impact the banks negatively, many analysts suggest it remains a sound investment option, particularly for long-term holders. Although some experts advise against adding new positions at this stage due to high valuations, they see potential for growth if bought on dips. The ETF's equal-weight approach gives investors balanced exposure to the Big Six Canadian banks, which are well-capitalized and positioned to benefit from global market trends.

Consensus

Hold

Valuation

Fair Value

Similar

TD,TD

COMMENT

Different ways to play the Canadian banks. There is some volatility but there is yield to compensate.

PAST TOP PICK

(A Top Pick Mar 01/21, Up 9%) No bank exposure right now. Seasonally, starts to back off right about now, especially if interest rates do start to move down. Might be an uptick in August, with earnings. Best to wait until October to re-enter.

COMMENT

ZEB is equal weight where as ZWB is equal weight banks with a covered call overlay. When you think the markets will go sideways or down, covered calls will perform better. However, the covered call gives away some of the upside potential so if you are bullish on growth, forego the covered call.

BUY

You have credit risk for mortgages. Banks are well provisioned for credit losses, though these might be loosened shortly. The yield curve is steepening so in the short run, banks are more profitable. It's hard to say how much is priced in. Not early but if the yield curve remains steep, banks will do well over the next few years.

COMMENT

Viewer sought advice on allocating money from a GIC coming to term. Canadian banks are amongst the best in the world with stable dividends. There is little worry asides from the equity market risk. You could see draw downs like we saw with covid. You have to be able to not panic when it falls from $28 to $18.

TOP PICK

Canadian banks have performed really well recently. A lot has to do with rising interest rates. Canadian banks are unique. They are an oligopoly. If the market slips a bit here, Canadian banks can perform well.

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Banks remain attractive, especially for their valuation and dividends. The banking sector rallied strongly in November but the ETF is still a fine buy. Unlock Premium - Try 5i Free

COMMENT

Canadian banks are much better run and offer good dividend yields compared to elsewhere in the world. There is some risk in the housing sector and some challenges to growth. He would favour ZWB right now. Once markets correct 10-15%, get out of the ZWB and get ZEB for the growth.

HOLD

There is still some economic risk, such as mortgage forbearance that has not hit Main Street yet. It's not his favourite area. The Canadian banks came back more than American ones so there is probably more value than other areas. As investors move from growth to value, banks could see some upside. Be cautious and he would prefer the ZWB to get into the Canadian banks.

COMMENT

Owns all the Canadian banks and you don't have to worry which one is going to lead. However, the US banks are also quite cheap relative to the Canadian banks.

COMMENT

The rule of thumb is, if you are bullish, then you don't want the headwind of the covered call overlay. If you are concerned about sideways or downside risk, then you want the additional yield from the covered call.

COMMENT

ZWB-T vs. ZEB-T. If your view on the banks is sideways to down a little bit, then ZWB-T is the better holding but if you are bullish on the banks then you don’t want the covered calls. He prefers ZEB-T right now because he wants all the price capture upside when the banks recover.

DON'T BUY

Banks are relatively benign. Not good, not bad. There is a lid on banks. It's a good dividend play for the long term but there is a real up and down in the stock price. He wouldn't expect much growth.

DON'T BUY

Canada has a branding problem now--money isn't flowing into Canada. Look at Teck Resources yesterday withdrawing a massive project. We have no catalyst to turn things around, though he hopes things do turn around. The yield of this is alright though, so you are paid to wait. Look abroad for better returns like South Korea, which should bounce back.

BUY

A bank ETF He owns banks, not ETFs, but this is good, a blend of banks that pays a fine 4% dividend.

Showing 61 to 75 of 181 entries

Most Recent Experts

Malcolm Ethridge, Mgn. partner, Capital Area Planning Group

Capital Area Planning Group

Jenny Harrington, CEO, Gilman Hill Asset Management

Gilman Hill Asset Management

Kevin Simpson

Capital Wealth Planning

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Bruce Campbell (2)

Stone Castle Investment Management Inc.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

BMO EQUAL WEIGHT BANKS INDEX ETF (ZEB.TO)