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TSE:ZUB

BMO EQL WGT US BANK HDGD TO CAD IDX ETF (ZUB.TO)

40.29
-0.03 (0.07%)
as of Jun 19, 2026, 7:59:45 pm Market Open.
88 watching
0
Investor Insights
star iconJun 20, 2026, 12:00 am

This summary was created by AI, based on 1 opinions in the last 12 months.

The BMO EQL WGT US BANK HDGD TO CAD IDX ETF (ZUB-T) is noted for being a compelling choice for investors looking for a diversified exposure to US banks without the use of a covered call strategy. Experts highlight that BMO offers both hedged and unhedged versions of the ETF, allowing investors to choose their preferred currency exposure. The equal weighting strategy enhances diversification by including a range of banks, including regional institutions, in addition to larger ones. Compared to similar ETF options such as UBNK, ZUB-T presents a broader investment scope rather than focusing solely on the major banks, potentially appealing to a wider array of investors seeking balanced risk and opportunity.

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Consensus
Positive
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Valuation
Fair Value
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Similar
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COMMENT

She just owns City Group. Hedged with Canadian dollars. She doesn’t factor currency into her decision making to any great extent.

BUY ON WEAKNESS

Likes this very much. US banks should do extremely well. Have had a really good showing so wait for a better entry point. Retesting support at its 50 day moving average at about $15.49. The 20 day moving average is about $14 and change. Those of the numbers he would use.

COMMENT

HBP S&P 500 Bull (HSU-T) or BMO Equal Weight US Banks Hedged To CDN$ (ZUB-T)? These are 2 completely different things. A lot of people are negative on Bull+ and Bear+ ETFs but he thinks there is a place for these things but he doesn’t think it is here. Thinks it is going to be slow going for the banks right now so you don’t want to buy the Bull+ right now. He much prefers the US banks over Canadian banks.

BUY

Equal weight US banks. Feels US banks are more stable than they have been. Even though they had a good year last year, he doesn’t think there is anything bad on the horizon. As a reasonable portion of your portfolio, 5%-10%, you should be fine.

HOLD

Equally weighted US banks. We are right at the highs. This is not a great time to put new money in unless for a couple of weeks trading. KBE-N is also an equally weighted bank ETF, but regional banks.

BUY

Equal weight US banks in Cdn$ and is also hedged. You are likely going to see more upside from US banks than Canadian banks due to the recovery in the housing market.

PAST TOP PICK

(A top pick Sept 5/12. Up 12.65%.) Tracks the US banks.

TOP PICK

This one equal weights US banks. A great way to play the US housing market without actually buying property in the US. If you think the US housing has hit bottom and is rebounding, the banks are ones underwriting this and they should be more profitable as the housing sector rebounds. 1.47% yield.

TOP PICK

Likes having a whole basket of banks. Not confident in picking individual banks. Likes the whole sector. Monetary policy is still pointing to increasing house transactions. He is looking for more solid momentum on house transactions.

BUY

Likes this one because you are getting all the big US banks. He particularly likes that it is US$ hedged. Good choice. The one thing he cautions on the US banking sector is that even though they paid a lot of penalties of late, he thinks there are an awful lot of class-action lawsuits waiting in the wings.

PARTIAL BUY

Historically the seasonality for US banks is right around the end of the year right through until around April of each year. Seems to be forming a base right now so you’re getting very, very close to an important low point. You might want to ease into this trade in the next couple of months.

DON'T BUY

US Banks. In the last couple of weeks there are massive lawsuits over the last couple of weeks. He's be awfully careful in that sector. Illiquid but ETF providers can just create units. It's not a big deal.

PAST TOP PICK

(A Top Pick Sept 30/11. Up 47.62%.) They were deeply oversold plus there was so much bad news surrounding them and you had to know the fed would not allow that.

TOP PICK

(A Top Pick Jun1 1/11. Up 0.41%.) Nothing will benefit as quickly from a rapid recovery in the US housing market than regional banks in the US. He continues to be currency hedged and the big decision in the next 2-3 months will be when to take these hedges off.

PAST TOP PICK

(A Top Pick Sept 30/11. Up 35.55%.) This was basically a call on the banks. They were oversold. Still likes them.

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