BMO Covered Call Cdn Banks ETF

ZWB-T

Analysis and Opinions about ZWB-T

Signal
Opinion
Expert
Chart
COMMENT
COMMENT
June 7, 2021

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.

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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.

COMMENT
COMMENT
May 31, 2021
Different ways to play the Canadian banks. There is some volatility but there is yield to compensate.
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Different ways to play the Canadian banks. There is some volatility but there is yield to compensate.
COMMENT
COMMENT
April 12, 2021

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.

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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.

COMMENT
COMMENT
March 1, 2021
The caller requested suggestions for higher dividend ETF. There's a number of ways to play it. Go to an ETF website to see which ETF fits your profile. Covered calls provide higher dividends.
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The caller requested suggestions for higher dividend ETF. There's a number of ways to play it. Go to an ETF website to see which ETF fits your profile. Covered calls provide higher dividends.
BUY
BUY
February 16, 2021
There are so many ETFs, so it depends what you're looking for. A Canadian bank ETF from any vendor will give you income and growth, like ZWB-T. An ETF reduces volatility vs. owning individual stocks.
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There are so many ETFs, so it depends what you're looking for. A Canadian bank ETF from any vendor will give you income and growth, like ZWB-T. An ETF reduces volatility vs. owning individual stocks.
Cole Kachur
Price
$18.170
Owned
Unknown
COMMENT
COMMENT
February 1, 2021

There are two elements to covered call strategies. There is the underlying stocks, and then the option premium. Volatility will continue to be high for the next couple years. Premiums will remain elevated. FIE pays back a part of your money back. There are a couple different elements to consider.

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There are two elements to covered call strategies. There is the underlying stocks, and then the option premium. Volatility will continue to be high for the next couple years. Premiums will remain elevated. FIE pays back a part of your money back. There are a couple different elements to consider.

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.

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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.

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.
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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.
DON'T BUY
DON'T BUY
September 17, 2020
ZWB vs. ZWC He'd stay away from financial services, as with the low rates it's hard for the banks to be profitable. He'd rather go with the broader index. The more volatile a price, the higher the premium you'll get on a covered call. The covered call strategy here hasn't delivered in this volatile environment.
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ZWB vs. ZWC He'd stay away from financial services, as with the low rates it's hard for the banks to be profitable. He'd rather go with the broader index. The more volatile a price, the higher the premium you'll get on a covered call. The covered call strategy here hasn't delivered in this volatile environment.
Mike Philbrick
Price
$16.080
Owned
Unknown
BUY
BUY
August 5, 2020
Not a bad way to play the banks. Banks have underperformed. Historically, they've done quite well in August and September. But now they're struggling. So until they start to show some real outperformance, the covered call is preferable to owning them outright.
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Not a bad way to play the banks. Banks have underperformed. Historically, they've done quite well in August and September. But now they're struggling. So until they start to show some real outperformance, the covered call is preferable to owning them outright.
Brooke Thackray
Price
$15.140
Owned
Unknown
COMMENT
COMMENT
June 9, 2020

ZWC vs. ZWB Both offer additional income through covered calls. ZWC yields 8.4% plus the dividend and premium from the covered call strategy. ZWB (Canadian banks) pays 6.5%. Both you pay 72 basis points in MER. ZWC is more diverse with banks, pipelines and telecoms so he prefers ZWC. Warning: long-term, covered calls can lag the underlying securities if there's a bull market in those securities. In an up market, he prefers the stocks themselves or other ETFs.

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ZWC vs. ZWB Both offer additional income through covered calls. ZWC yields 8.4% plus the dividend and premium from the covered call strategy. ZWB (Canadian banks) pays 6.5%. Both you pay 72 basis points in MER. ZWC is more diverse with banks, pipelines and telecoms so he prefers ZWC. Warning: long-term, covered calls can lag the underlying securities if there's a bull market in those securities. In an up market, he prefers the stocks themselves or other ETFs.

Stan Wong
Price
$15.740
Owned
Unknown
TOP PICK
TOP PICK
April 8, 2020
This has tracked well with the market, despite having covered calls. He has worked closely with the managers and has even sat on their trading desk. Its MER is 0.75%. About 50% does not have covered calls sold against the holdings. Yield 7.21%
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This has tracked well with the market, despite having covered calls. He has worked closely with the managers and has even sat on their trading desk. Its MER is 0.75%. About 50% does not have covered calls sold against the holdings. Yield 7.21%
John Hood
Price
$14.200
Owned
Yes
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.

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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
March 9, 2020
Definitely be in covered calls now to lower volatility. But he wouldn't buy banks because interest rates are so low. He's avoiding banks.
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Definitely be in covered calls now to lower volatility. But he wouldn't buy banks because interest rates are so low. He's avoiding banks.
Jon Vialoux
Price
$16.530
Owned
Unknown
COMMENT
COMMENT
January 6, 2020

vs. ZWC ZWC covers the general Canadian market vs. ZWB which covers Canadian banks. If you think banks will do well, ZWB may lag the market, but if the market tumbles, this will fall less.

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vs. ZWC ZWC covers the general Canadian market vs. ZWB which covers Canadian banks. If you think banks will do well, ZWB may lag the market, but if the market tumbles, this will fall less.

John DeGoey
Price
$18.450
Owned
Unknown
Showing 1 to 15 of 186 entries

BMO Covered Call Cdn Banks ETF(ZWB-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 3

Stockchase rating for BMO Covered Call Cdn Banks 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 Covered Call Cdn Banks ETF(ZWB-T) Frequently Asked Questions

What is BMO Covered Call Cdn Banks ETF stock symbol?

BMO Covered Call Cdn Banks ETF is a Canadian stock, trading under the symbol ZWB-T on the Toronto Stock Exchange (ZWB-CT). It is usually referred to as TSX:ZWB or ZWB-T

Is BMO Covered Call Cdn Banks ETF a buy or a sell?

In the last year, 3 stock analysts published opinions about ZWB-T. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BMO Covered Call Cdn Banks ETF.

Is BMO Covered Call Cdn Banks ETF a good investment or a top pick?

BMO Covered Call Cdn Banks ETF was recommended as a Top Pick by Larry Berman CFA, CMT, CTA on 2021-06-07. Read the latest stock experts ratings for BMO Covered Call Cdn Banks ETF.

Why is BMO Covered Call Cdn Banks 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 Covered Call Cdn Banks ETF worth watching?

3 stock analysts on Stockchase covered BMO Covered Call Cdn Banks ETF In the last year. It is a trending stock that is worth watching.

What is BMO Covered Call Cdn Banks ETF stock price?

On 2021-06-22, BMO Covered Call Cdn Banks ETF (ZWB-T) stock closed at a price of $20.84.