Opinions
Larry Berman CFA, CMT, CTA
BMO Covered Call Technology ETF
ZWT-T
RISKY
Oct 28, 2024
$48.850
Stock price when the opinion was issued
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
COMMENT
The TXF ETF is a basket of 25 US tech stocks, equal weight, with a covered call. Yield is about 10%, but going forward it may be closer to 7%. Be aware that much of the yield is a ROC. It's not a straight dividend. He watches ZWT, market weighted, 65 holdings, more diversified, lower distribution, but it's outperformed TXF this year.
E.T.F.'s
ZWT pays you income using covered calls. But it can be a little volatile; it depends on your risk profile.