BMO Covered Call Utilities ETF

ZWU-T

Analysis and Opinions about ZWU-T

Signal
Opinion
Expert
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.
Stan Wong

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Price
$13.920
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
November 15, 2019
(A Top Pick Nov 30/18, Up 16%) The utilities surprised him by going through a flat period where they didn’t do well. If you’re searching for yield, this is a good ETF. A yield over 6 percent. A good place to park your money for cash-flow.
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(A Top Pick Nov 30/18, Up 16%) The utilities surprised him by going through a flat period where they didn’t do well. If you’re searching for yield, this is a good ETF. A yield over 6 percent. A good place to park your money for cash-flow.
PARTIAL SELL
PARTIAL SELL
October 7, 2019

Covered Call Bank ETF managed by Larry. It's one of his favourite holdings. Long term you can see it is very interest rate sensitive. Utilities, pipelines and telcos. This is not a bond replacement but it is a defensive way to play. He was adding previously but now he would be looking to trim it in preparation for adding in the next dip. He would not sell all and it is a phenomenal holding and is a core part of all his portfolios.

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Covered Call Bank ETF managed by Larry. It's one of his favourite holdings. Long term you can see it is very interest rate sensitive. Utilities, pipelines and telcos. This is not a bond replacement but it is a defensive way to play. He was adding previously but now he would be looking to trim it in preparation for adding in the next dip. He would not sell all and it is a phenomenal holding and is a core part of all his portfolios.

TOP PICK
TOP PICK
October 4, 2019
A lot of analysts felt that utilities are trading at historically highs multiples but yields are very low. To earn a nice dividend yield, it's a good diversified way to do it.
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A lot of analysts felt that utilities are trading at historically highs multiples but yields are very low. To earn a nice dividend yield, it's a good diversified way to do it.
BUY
BUY
September 16, 2019

ZWU-T vs. ZUT-T. ZWU-T includes non-traditional utilities and is a much broader way to play it. The pure utilities asset class is one of the most expensive equities on the planet. He prefers the broader diversification and the covered call overlay. ZWU-T is his preference.

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ZWU-T vs. ZUT-T. ZWU-T includes non-traditional utilities and is a much broader way to play it. The pure utilities asset class is one of the most expensive equities on the planet. He prefers the broader diversification and the covered call overlay. ZWU-T is his preference.

BUY
BUY
September 13, 2019
It's quite popular with good yield. It's not just Canadian but also US utilities. The price has been driven up. A good choice for conservative investors.
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It's quite popular with good yield. It's not just Canadian but also US utilities. The price has been driven up. A good choice for conservative investors.
John Hood

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Price
$13.890
Owned
Unknown
WAIT
WAIT
September 11, 2019
About a 6.2% dividend. When things are moving higher, you want to own the underlying equities or ETF. And utilities are breaking new highs.
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About a 6.2% dividend. When things are moving higher, you want to own the underlying equities or ETF. And utilities are breaking new highs.
Stan Wong

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Price
$13.870
Owned
Unknown
BUY
BUY
September 9, 2019
ETF in Utilities Recommendation for TFSA. One of his favourite ways to play utilities is the ZWU-T to give exposure to Canadian and US utilities. 70/30. It has a covered call overlay. 6-7% yield expected. Not a lot of volatility.
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ETF in Utilities Recommendation for TFSA. One of his favourite ways to play utilities is the ZWU-T to give exposure to Canadian and US utilities. 70/30. It has a covered call overlay. 6-7% yield expected. Not a lot of volatility.
BUY
BUY
September 5, 2019
ZUT-T vs. ZWU-T. The ETF that does not write covered calls has done significantly better. He suggests buying both. You get very low premiums for calls in the utility space.
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ZUT-T vs. ZWU-T. The ETF that does not write covered calls has done significantly better. He suggests buying both. You get very low premiums for calls in the utility space.
TOP PICK
TOP PICK
August 23, 2019
It's considered a utility, but it's a much broader scope than classic utilities. The yield is 6.5% with good diversification. May not do much capital gain, but a good place to hold.
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It's considered a utility, but it's a much broader scope than classic utilities. The yield is 6.5% with good diversification. May not do much capital gain, but a good place to hold.
BUY WEAKNESS
BUY WEAKNESS
August 19, 2019
Covered Call Utilities. Utilities, Pipelines and Telcos. The pipeline exposure is going to give you volatility linked to energy prices. Interest rate sensitivity is related to Telcos. Whenever we get interest rate anxiety or oil price anxiety, you get price pressure on this one. He is looking to add below $13. He thinks we will be able to hold the yield.
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Covered Call Utilities. Utilities, Pipelines and Telcos. The pipeline exposure is going to give you volatility linked to energy prices. Interest rate sensitivity is related to Telcos. Whenever we get interest rate anxiety or oil price anxiety, you get price pressure on this one. He is looking to add below $13. He thinks we will be able to hold the yield.
Showing 1 to 15 of 134 entries