BMO Equal Weight Bank ETF

ZEB-T

Analysis and Opinions about ZEB-T

Signal
Opinion
Expert
BUY
BUY
December 7, 2020

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Banks remain attractive, especially for their valuation and dividends. The banking sector rallied strongly in November but the ETF is still a fine buy. Unlock Premium - Try 5i Free

Show full opinionHide full opinion

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Banks remain attractive, especially for their valuation and dividends. The banking sector rallied strongly in November but the ETF is still a fine buy. Unlock Premium - Try 5i Free

COMMENT
COMMENT
November 30, 2020

Canadian banks are much better run and offer good dividend yields compared to elsewhere in the world. There is some risk in the housing sector and some challenges to growth. He would favour ZWB right now. Once markets correct 10-15%, get out of the ZWB and get ZEB for the growth.

Show full opinionHide full opinion

Canadian banks are much better run and offer good dividend yields compared to elsewhere in the world. There is some risk in the housing sector and some challenges to growth. He would favour ZWB right now. Once markets correct 10-15%, get out of the ZWB and get ZEB for the growth.

HOLD
HOLD
November 16, 2020

There is still some economic risk, such as mortgage forbearance that has not hit Main Street yet. It's not his favourite area. The Canadian banks came back more than American ones so there is probably more value than other areas. As investors move from growth to value, banks could see some upside. Be cautious and he would prefer the ZWB to get into the Canadian banks.

Show full opinionHide full opinion

There is still some economic risk, such as mortgage forbearance that has not hit Main Street yet. It's not his favourite area. The Canadian banks came back more than American ones so there is probably more value than other areas. As investors move from growth to value, banks could see some upside. Be cautious and he would prefer the ZWB to get into the Canadian banks.

COMMENT
COMMENT
November 2, 2020
Owns all the Canadian banks and you don't have to worry which one is going to lead. However, the US banks are also quite cheap relative to the Canadian banks.
Show full opinionHide full opinion
Owns all the Canadian banks and you don't have to worry which one is going to lead. However, the US banks are also quite cheap relative to the Canadian banks.
COMMENT
COMMENT
October 5, 2020
The rule of thumb is, if you are bullish, then you don't want the headwind of the covered call overlay. If you are concerned about sideways or downside risk, then you want the additional yield from the covered call.
Show full opinionHide full opinion
The rule of thumb is, if you are bullish, then you don't want the headwind of the covered call overlay. If you are concerned about sideways or downside risk, then you want the additional yield from the covered call.
COMMENT
COMMENT
April 2, 2020

ZWB-T vs. ZEB-T. If your view on the banks is sideways to down a little bit, then ZWB-T is the better holding but if you are bullish on the banks then you don’t want the covered calls. He prefers ZEB-T right now because he wants all the price capture upside when the banks recover.

Show full opinionHide full opinion

ZWB-T vs. ZEB-T. If your view on the banks is sideways to down a little bit, then ZWB-T is the better holding but if you are bullish on the banks then you don’t want the covered calls. He prefers ZEB-T right now because he wants all the price capture upside when the banks recover.

DON'T BUY
DON'T BUY
February 28, 2020
Banks are relatively benign. Not good, not bad. There is a lid on banks. It's a good dividend play for the long term but there is a real up and down in the stock price. He wouldn't expect much growth.
Show full opinionHide full opinion
Banks are relatively benign. Not good, not bad. There is a lid on banks. It's a good dividend play for the long term but there is a real up and down in the stock price. He wouldn't expect much growth.
DON'T BUY
DON'T BUY
February 25, 2020

Canada has a branding problem now--money isn't flowing into Canada. Look at Teck Resources yesterday withdrawing a massive project. We have no catalyst to turn things around, though he hopes things do turn around. The yield of this is alright though, so you are paid to wait. Look abroad for better returns like South Korea, which should bounce back.

Show full opinionHide full opinion

Canada has a branding problem now--money isn't flowing into Canada. Look at Teck Resources yesterday withdrawing a massive project. We have no catalyst to turn things around, though he hopes things do turn around. The yield of this is alright though, so you are paid to wait. Look abroad for better returns like South Korea, which should bounce back.

BUY
BUY
January 28, 2020
A bank ETF He owns banks, not ETFs, but this is good, a blend of banks that pays a fine 4% dividend.
Show full opinionHide full opinion
A bank ETF He owns banks, not ETFs, but this is good, a blend of banks that pays a fine 4% dividend.
HOLD
HOLD
January 24, 2020
If you own this, you might as well hang onto this. However, watch your total Canadian exposure. The banks are 30% of the TSX composite and the management expense ratio is high. You're paying a premium, especially if it's taxable. He would diversify out of this. If you don't own it, don't buy it.
Show full opinionHide full opinion
If you own this, you might as well hang onto this. However, watch your total Canadian exposure. The banks are 30% of the TSX composite and the management expense ratio is high. You're paying a premium, especially if it's taxable. He would diversify out of this. If you don't own it, don't buy it.
BUY
BUY
October 7, 2019
A Canadian bank or a bank ETF? What's the seasonality? Seasonality is fall into spring. BNS is a contrarian play, but which banks depends on what you want. ZEB is the ETF to play.
Show full opinionHide full opinion
A Canadian bank or a bank ETF? What's the seasonality? Seasonality is fall into spring. BNS is a contrarian play, but which banks depends on what you want. ZEB is the ETF to play.
COMMENT
COMMENT
October 4, 2019
He's tended to own banks individually. He's not particularly excited by some of the banks in this ETF. Would go with a covered call rather than the equal weight.
Show full opinionHide full opinion
He's tended to own banks individually. He's not particularly excited by some of the banks in this ETF. Would go with a covered call rather than the equal weight.
DON'T BUY
DON'T BUY
September 17, 2019
It holds 10 securities in a plain, vanilla basket of bank stocks. But this has been flat year to date. Caveat: banks aren't as safe you think as the recession approaches.
Show full opinionHide full opinion
It holds 10 securities in a plain, vanilla basket of bank stocks. But this has been flat year to date. Caveat: banks aren't as safe you think as the recession approaches.
BUY
BUY
September 13, 2019
The banks have always done well and have a great track record. Likes this in particular because there is US exposure. The only problem is that the MER is too high at 66 basis points.
Show full opinionHide full opinion
The banks have always done well and have a great track record. Likes this in particular because there is US exposure. The only problem is that the MER is too high at 66 basis points.
TOP PICK
TOP PICK
August 19, 2019
It's consolidating. You can hold all the Canadian banks and reduce risk on individual banks, which have been deeply oversold in Canada. This can gain $2-3 before year-end, and it pays a 4% dividend. Sell below $26.80.
Show full opinionHide full opinion
It's consolidating. You can hold all the Canadian banks and reduce risk on individual banks, which have been deeply oversold in Canada. This can gain $2-3 before year-end, and it pays a 4% dividend. Sell below $26.80.
Showing 1 to 15 of 115 entries

BMO Equal Weight Bank ETF(ZEB-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 6

Stockchase rating for BMO Equal Weight Bank ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

BMO Equal Weight Bank ETF(ZEB-T) Frequently Asked Questions

What is BMO Equal Weight Bank ETF stock symbol?

BMO Equal Weight Bank 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

Is BMO Equal Weight Bank ETF a buy or a sell?

In the last year, 6 stock analysts published opinions about ZEB-T. 2 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for BMO Equal Weight Bank ETF.

Is BMO Equal Weight Bank ETF a good investment or a top pick?

BMO Equal Weight Bank ETF was recommended as a Top Pick by Stockchase Insights on 2020-12-07. Read the latest stock experts ratings for BMO Equal Weight Bank ETF.

Why is BMO Equal Weight Bank ETF stock dropping?

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.

Is BMO Equal Weight Bank ETF worth watching?

6 stock analysts on Stockchase covered BMO Equal Weight Bank ETF In the last year. It is a trending stock that is worth watching.

What is BMO Equal Weight Bank ETF stock price?

On 2021-01-22, BMO Equal Weight Bank ETF (ZEB-T) stock closed at a price of $29.61.