Related posts
Nervous markets await NvidiaThis summary was created by AI, based on 2 opinions in the last 12 months.
The BMO S&P/TSX Oil & Gas ETF (ZEO-T) has garnered mixed reviews from experts, reflecting the complexities of the current economic climate. While one expert acknowledges a downtrend of 7% since being labeled a Top Pick, they suggest maintaining a smaller allocation amidst the prevailing market uncertainties, indicating the importance of volume over price performance. Conversely, another expert highlights the ETF's excellent exposure to the energy sector, benefiting from an equal weight distribution across various energy companies. With a yield of approximately 4.2% and a low management expense ratio, the ETF is well-positioned in a favorable energy cycle, particularly as the S&P 500 shows a lower historical weighting in the energy sector. This suggests potential for further gains in the overall sector, making ZEO-T an intriguing option for investors.
Challenge with buying US ETFs that participate in MLPs is that they're not favourable to a Canadian investor. Withholding tax of 15-30%. Be very, very careful on the MLPs. If you want gas exposure, think about XEG or ZEO. Most bang for the buck would be the HED, with small cap exposure. Small caps have more operating leverage if you're confident gas prices will rise. HOG is a bit more conservative.
BMO S&P/TSX Oil & Gas ETF is a Canadian stock, trading under the symbol ZEO-T on the Toronto Stock Exchange (ZEO-CT). It is usually referred to as TSX:ZEO or ZEO-T
In the last year, 1 stock analyst published opinions about ZEO-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BMO S&P/TSX Oil & Gas ETF.
BMO S&P/TSX Oil & Gas ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for BMO S&P/TSX Oil & Gas ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered BMO S&P/TSX Oil & Gas ETF In the last year. It is a trending stock that is worth watching.
On 2025-05-02, BMO S&P/TSX Oil & Gas ETF (ZEO-T) stock closed at a price of $70.05.
Not devastating, but there are other things to do with capital. With the current macro economic situation, keep this allocation smaller. Follow through in the markets and some outperformance in energy would be encouraging. It's probably going to be a volume game, not a price game.