BMO Covered Call Utilities ETF

ZWU-T

Analysis and Opinions about ZWU-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
June 12, 2020
Looking for yield? He does not really like this one. Utilities, as a group are good. Covered calls are good, when used opportunistically. He likes calls as a tactical tool instead.
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Looking for yield? He does not really like this one. Utilities, as a group are good. Covered calls are good, when used opportunistically. He likes calls as a tactical tool instead.
HOLD
HOLD
May 22, 2020
You will own Canadian utility companies, while they right covered calls. If you think the market is going sideways, it would be a good play. He likes the dividends utilities spit out. Yield 7.8%
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You will own Canadian utility companies, while they right covered calls. If you think the market is going sideways, it would be a good play. He likes the dividends utilities spit out. Yield 7.8%
PAST TOP PICK
PAST TOP PICK
April 8, 2020
(A Top Pick Apr 02/19, Down 8%) He sold out of this one a while ago. Covered call strategies are good in flat to rising markets, not so much during down turns.
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(A Top Pick Apr 02/19, Down 8%) He sold out of this one a while ago. Covered call strategies are good in flat to rising markets, not so much during down turns.
WATCH
WATCH
April 2, 2020
There is more volatility to come. The government of Canada wants to minimize the energy industry. There is a serious push for climate change. You'll get a lot more support in the US than in Canada, but you have to consider the tax implications if it is a cash account instead of a registered account. The current situation will require cuts from every nation.
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There is more volatility to come. The government of Canada wants to minimize the energy industry. There is a serious push for climate change. You'll get a lot more support in the US than in Canada, but you have to consider the tax implications if it is a cash account instead of a registered account. The current situation will require cuts from every nation.
HOLD
HOLD
March 26, 2020

With volatility higher now, you get more premium when you write covered calls. After major market declines, you don't get the same bounce back with the covered call overlay. He has not added it recently. He prefers ZUT-T or stay with ZWU-T for the yield.

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With volatility higher now, you get more premium when you write covered calls. After major market declines, you don't get the same bounce back with the covered call overlay. He has not added it recently. He prefers ZUT-T or stay with ZWU-T for the yield.

DON'T BUY
DON'T BUY
March 25, 2020
This covered call utility ETF holds a portfolio of utility stocks that sells call options. This caps the upside for any potential recovery. Even with the premiums and dividends collected it has lagged a typical utility ETF. You end up taking 90% of the downside but only 50% of the upside. In a sideways market it can enhance your returns, but lags other in a bull market. He would pass on this one.
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This covered call utility ETF holds a portfolio of utility stocks that sells call options. This caps the upside for any potential recovery. Even with the premiums and dividends collected it has lagged a typical utility ETF. You end up taking 90% of the downside but only 50% of the upside. In a sideways market it can enhance your returns, but lags other in a bull market. He would pass on this one.
PARTIAL BUY
PARTIAL BUY
March 16, 2020
The pipeline component is probably the most volatile. The dividend comes from the option premium and the utilities. It is probably at a point where you can put a half to a third of the money you are thinking of to work.
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The pipeline component is probably the most volatile. The dividend comes from the option premium and the utilities. It is probably at a point where you can put a half to a third of the money you are thinking of to work.
BUY WEAKNESS
BUY WEAKNESS
March 2, 2020
The corona virus could make for a couple of ugly quarters globally. Global growth is downgraded to basically zero. We saw a trading dip to $13 below which he suggested in the past you get into this but he would be looking below $13 now and have some patience here.
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The corona virus could make for a couple of ugly quarters globally. Global growth is downgraded to basically zero. We saw a trading dip to $13 below which he suggested in the past you get into this but he would be looking below $13 now and have some patience here.
COMMENT
COMMENT
February 11, 2020
A US ETF in infrastructure or utilities? Can't think of an infrastructure one, but ZWU holds Canadian as well as American utilities.
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A US ETF in infrastructure or utilities? Can't think of an infrastructure one, but ZWU holds Canadian as well as American utilities.
WAIT
WAIT
February 10, 2020
Covered call Utilities, pipelines and telcos. It has not gone up and he has not sold it, but it could pull back 10% in a broad market correction. ZPAY-T combined with ZWU-T would give a nice diversified exposure. He would wait for pullbacks to deploy new money.
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Covered call Utilities, pipelines and telcos. It has not gone up and he has not sold it, but it could pull back 10% in a broad market correction. ZPAY-T combined with ZWU-T would give a nice diversified exposure. He would wait for pullbacks to deploy new money.
DON'T BUY
DON'T BUY
January 24, 2020
He wouldn't buy this now. It's up over 20%. He doesn't like covered calls usually. Chasing dividends could mean that you are taking on underlying risk. It's probably too late to enter.
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He wouldn't buy this now. It's up over 20%. He doesn't like covered calls usually. Chasing dividends could mean that you are taking on underlying risk. It's probably too late to enter.
WATCH
WATCH
January 13, 2020
He loves the dividend and the strategy. He is the biggest holder of this fund by a long shot. Around $14 he finds he does not love it for capital growth. If we get a pull back then he would go for it.
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He loves the dividend and the strategy. He is the biggest holder of this fund by a long shot. Around $14 he finds he does not love it for capital growth. If we get a pull back then he would go for it.
COMMENT
COMMENT
December 20, 2019
He likes it for cash-flow with excellent yield. A great alternative to bond funds. There’s a good spread of dividend paying companies. The dividends are relatively safe. It hovers around $14. He would wait for a pullback below $14.
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He likes it for cash-flow with excellent yield. A great alternative to bond funds. There’s a good spread of dividend paying companies. The dividends are relatively safe. It hovers around $14. He would wait for a pullback below $14.
BUY
BUY
December 2, 2019

Harvest is the same as BMO except for being more global. ZWU-T has been outperforming HUTL-T over the last year or so because the European stocks have not performed as well as domestic or US stocks.

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Harvest is the same as BMO except for being more global. ZWU-T has been outperforming HUTL-T over the last year or so because the European stocks have not performed as well as domestic or US stocks.

COMMENT
COMMENT
November 21, 2019
Yield is 6.25-6.5%, which is pretty good. If you believe the underlying securities will do well over the next few months, you're better off owning those securities as you'll get more in capital growth. But if you think they'll go sideways, you're better off with the ETF. Very defensive.
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Yield is 6.25-6.5%, which is pretty good. If you believe the underlying securities will do well over the next few months, you're better off owning those securities as you'll get more in capital growth. But if you think they'll go sideways, you're better off with the ETF. Very defensive.
Showing 1 to 15 of 144 entries

BMO Covered Call Utilities ETF(ZWU-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 13

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 4

Total Signals / Votes : 19

Stockchase rating for BMO Covered Call Utilities 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 Utilities ETF(ZWU-T) Frequently Asked Questions

What is BMO Covered Call Utilities ETF stock symbol?

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

Is BMO Covered Call Utilities ETF a buy or a sell?

In the last year, 19 stock analysts published opinions about ZWU-T. 13 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for BMO Covered Call Utilities ETF.

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

BMO Covered Call Utilities ETF was recommended as a Top Pick by Greg Newman on 2020-06-12. Read the latest stock experts ratings for BMO Covered Call Utilities ETF.

Why is BMO Covered Call Utilities 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 Utilities ETF worth watching?

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

What is BMO Covered Call Utilities ETF stock price?

On 2020-07-10, BMO Covered Call Utilities ETF (ZWU-T) stock closed at a price of $11.56.