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Top 7 Canadian Bank Stocks that Pay Solid DividendsMarkets rally on jobs data and debt ceiling end3 Momentum Stocks to Switch OutThis summary was created by AI, based on 8 opinions in the last 12 months.
The BMO Equal Weight Banks Index ETF (ZEB) is viewed positively by multiple experts. It provides exposure to a basket of Canadian banks, maintaining an equal weight strategy that avoids the complexities of covered calls. Recent performance metrics show a one-year total return of nearly 14%, significantly outpacing the ZWB, which returned approximately 9.5% over the same period. Analysts believe the current market environment is stabilizing, alleviating previous concerns about high interest rates and defaults, making banks a sound choice for long-term investment. While ZEB is recommended as a solid option for long-term holds, it's noted that ZWB offers higher current yields, though at the cost of upside potential during growth phases.
The caller's question was on which of these ETF's to buy for a start-up portfolio for his 20-year-old daughter. He prefers more sectors to be covered in this situation so he suggested XEI. There are more multi-asset solutions as well. He also suggested lowering the risk tolerance for a beginner investor.
Only the big 6, nothing simpler. Bellwether, the biggest. BMO did cut the fee a bit to 28 bps, but there are cheaper ones. If you're considering starting a new position, try HBNK, which has a fee waiver for the next little bit. No need to swap out of ZEB if you already hold it.
Before jumping in to either, consider how much bank exposure you may already have in your other index funds.
6 largest Canadian banks on a fairly equal weight basis. Likes the Canadian banks, decent growth rate. Canadian banks have cheap valuations, especially on price to book. Not as exciting as tech or cyclical names, but you'll get more of a stable ride. Pretty good yield of 5.1%.
HBNK is an alternative. Pretty much the same makeup as ZEB, but offering 0% management fees until next summer.
BMO EQUAL WEIGHT BANKS INDEX ETF is a Canadian stock, trading under the symbol ZEB-T on the Toronto Stock Exchange (ZEB-CT). It is usually referred to as TSX:ZEB or ZEB-T
In the last year, 15 stock analysts published opinions about ZEB-T. 7 analysts recommended to BUY the stock. 7 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BMO EQUAL WEIGHT BANKS INDEX ETF.
BMO EQUAL WEIGHT BANKS INDEX ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for BMO EQUAL WEIGHT BANKS INDEX 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.
15 stock analysts on Stockchase covered BMO EQUAL WEIGHT BANKS INDEX ETF In the last year. It is a trending stock that is worth watching.
On 2025-04-11, BMO EQUAL WEIGHT BANKS INDEX ETF (ZEB-T) stock closed at a price of $38.3.
Because there's no covered call strategy, if we get into a bull market you get full advantage of the upside. Upside hasn't been "called away" to provide an income stream. Perhaps lower income, but more capital appreciation along the way.