
TSE:ZEB
This summary was created by AI, based on 11 opinions in the last 12 months.
The BMO EQUAL WEIGHT BANKS INDEX ETF (ZEB) has garnered mixed feedback from various experts. Many see it as a strong long-term performer, particularly due to its excellent dividend yields and stable fundamentals backed by Canada's well-capitalized banks. However, there are concerns regarding overvaluation and potential underperformance in the face of an economic slowdown or recession. While some experts suggest the ETF remains a good hold, they advise against adding new investments at the moment. Overall, they recommend a cautious approach, emphasizing the importance of buying on dips while recognizing the ETF’s exposure to both real estate and the expanding resource sector due to AI advancements.
The banks are very inexpensive. His stance has been to focus on the US banks. He would like KBE-N preferably. This has long secular growth trails and you might do better in US banks.
ZEB or ZWB? He has lightened up on the banks and is less than market weight now. He looks at the mortgage and housing markets, and right now it is not the best environment for the banks. Probably should be in the ETF with the covered call, ZWB. Tariffs are causing concerns and may wait till these issues are resolved. He would wait before committing to either of these ETF's.