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TSE:ZWS
This summary was created by AI, based on 2 opinions in the last 12 months.
The BMO US Hi Div Cov Call Hdgd to CAD ETF (ZWS-T) is viewed favorably by experts for its dividend-paying capabilities and the addition of a covered call strategy, which can enhance returns, especially during uncertain market conditions. It provides exposure to a broad array of U.S. stocks, making it a notable option for Canadian investors looking to diversify. However, there's a warning regarding the tax implications for Canadians, as holding U.S. ETFs can lead to unfavorable tax treatment. While it boasts a management expense ratio (MER) of 0.71%, it's essential for potential investors to consider the account type they will use to hold this ETF due to potential tax consequences. Overall, ZWS is praised for its strategy and market exposure, especially for those looking for defensive investment options.
Do you recommend ZWS as a hedged covered call or prefer something else, and would you hold it at the only US equity in a portfolio? To answer the latter, no. And he prefers SPY-N as your core holding; it pays you yield and cash flow, becuase it holds high-dividend stocks and sells covered calls against them. Also, US dividends are taxed in Canada and don't benefit from the dividend tax credit.
BMO US Hi Div Cov Call Hdgd to CAD ETF is a Canadian stock, trading under the symbol ZWS.TO (previously ZWS-T on Stockchase) on the Toronto Stock Exchange (ZWS-CT). It is usually referred to as TSX:ZWS or ZWS.TO
In the last year, 2 stock analysts issued a Buy, Sell, or Hold rating on ZWS.TO (previously ZWS-T on Stockchase). 2 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is TOP PICK. Read the latest stock experts' ratings for BMO US Hi Div Cov Call Hdgd to CAD ETF.
BMO US Hi Div Cov Call Hdgd to CAD ETF was recommended as a Top Pick by Richard Orrell on 2026-08-14. Read the latest stock experts ratings for BMO US Hi Div Cov Call Hdgd to CAD ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for BMO US Hi Div Cov Call Hdgd to CAD ETF.
BMO US Hi Div Cov Call Hdgd to CAD ETF is followed by 14 investors on Stockchase and is a trending stock that is worth watching.
On 2026-08-24, BMO US Hi Div Cov Call Hdgd to CAD ETF (ZWS.TO) stock closed at a price of $22.00.
Dividend-paying stocks tend to do well over long time horizons, and this adds the covered call. Good one if you're still nervous about the markets here. Distribution comes from dividends and covered calls. Not a tax-preferred dividend, but taps into the vast breadth of the US market. MER is 0.71%.