Michael Bowman BMO Dow Jones Indus. Avg. Hedge ETF ZWA-T COMMENT Aug 27, 2015

(Top Pick Jun 28/17, Up 0.73%) The Dow has been the place to be. It has been a great hold. He likes the covered call aspect for the summer. You can collect the extra yield in that time.

Extra 2% return on the Dow. A way to mitigate volatility. Play on the broad market in a good economy.

(A Top Pick May 18/18, Up 5%) Covered call adds yield when the market goes sideways, as it usually does in the summer. You don’t have to time the market, you just participate and take down portfolio risk.

Likes it. A little more restricted than the ZWH, and the yield is about 1.5% lower than that one. Might be better for growth instead of income.

Likes this, but prefers ZWH for its much-higher dividend yield. But it's okay to hold onto ZWA.

Based on the DOW, as opposed to the S&P. Nothing wrong with it at all. Likes it, as well as ZWH. 

His least favourite BMO ETF, terrible way to get exposure to US equities. Not because it's BMO or because of the structure, but because it's the Dow. DJIA is weighted by the size of a company's stock, so higher prices get more weight than lower. Terrible index. 

He'd much prefer an ETF that's in the S&P 500 or an equal-weight US market exposure.