Buy, Sell or Hold: BMO Equal Weight Bank ETF (ZEB-T)

TSE:ZEB

35.83

0.20 (0.56%) 1d

Showing 1 to 15 of 124 entries

BUY

Banks have exposure to interest rate sensitive sectors. If there are growth shocks as well, banks will respond negatively. If there is a little bit of inflation, they might do okay. You will get a dividend from the bank and positive growth from Canada's economic growth.

E.T.F.'s

HOLD

A reasonable holding, but better opportunities elsewhere. Canadian banks have an oligopoly and will continue to do well, but they're pricey compared to the world. Expectations are high. He'd be overweight the US banks through XLF, or the European banks through EUFN.

E.T.F.'s

COMMENT

The profitability of banks is net interest margins. The steepening of the yield curve has led to banks being more profitable. A flattening yield curve is a headwind. We are not there yet. When the yield curve starts to flatten. ZEB is good to capture upside, and ZWB for when it will go sideways to down.

E.T.F.'s

COMMENT

Different ways to play the Canadian banks. There is some volatility but there is yield to compensate.

E.T.F.'s

PAST TOP PICK

(A Top Pick Mar 01/21, Up 9%) No bank exposure right now. Seasonally, starts to back off right about now, especially if interest rates do start to move down. Might be an uptick in August, with earnings. Best to wait until October to re-enter.

E.T.F.'s

COMMENT

ZEB is equal weight where as ZWB is equal weight banks with a covered call overlay. When you think the markets will go sideways or down, covered calls will perform better. However, the covered call gives away some of the upside potential so if you are bullish on growth, forego the covered call.

E.T.F.'s

BUY

You have credit risk for mortgages. Banks are well provisioned for credit losses, though these might be loosened shortly. The yield curve is steepening so in the short run, banks are more profitable. It's hard to say how much is priced in. Not early but if the yield curve remains steep, banks will do well over the next few years.

E.T.F.'s

COMMENT

Viewer sought advice on allocating money from a GIC coming to term. Canadian banks are amongst the best in the world with stable dividends. There is little worry asides from the equity market risk. You could see draw downs like we saw with covid. You have to be able to not panic when it falls from $28 to $18.

E.T.F.'s

TOP PICK

Canadian banks have performed really well recently. A lot has to do with rising interest rates. Canadian banks are unique. They are an oligopoly. If the market slips a bit here, Canadian banks can perform well.

E.T.F.'s

BUY

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

E.T.F.'s

COMMENT

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.

E.T.F.'s

HOLD

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.

E.T.F.'s

COMMENT

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.

E.T.F.'s

COMMENT

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.

E.T.F.'s

COMMENT

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.

E.T.F.'s

Showing 1 to 15 of 124 entries

BMO Equal Weight Bank ETF(ZEB-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 0

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. 4 analysts 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 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 on . 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 2021-09-22, BMO Equal Weight Bank ETF (ZEB-T) stock closed at a price of $35.83.

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