BMO Covered Call Utilities ETF

ZWU-T

Analysis and Opinions about ZWU-T

Signal
Opinion
Expert
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.

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.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$13.850
Owned
Unknown
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.
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
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
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.
(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.
David Cockfield
Managing Director, Northland Wealth Management
Price
$13.910
Owned
Yes
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.

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.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$13.890
Owned
Yes
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.
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.
David Cockfield
Managing Director, Northland Wealth Management
Price
$13.890
Owned
Yes
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.

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.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$13.900
Owned
Unknown
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.
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
President & Portfolio Manager, J. C Hood Investment.
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.
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
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
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.
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.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$13.800
Owned
Unknown
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.
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.
Mike Philbrick
President, ReSolve Asset Management
Price
$13.780
Owned
Unknown
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.
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.
David Cockfield
Managing Director, Northland Wealth Management
Price
$13.510
Owned
Yes
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.
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.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$13.700
Owned
No
BUY
BUY
July 23, 2019
We're near a top, but doesn't know if we are there. ZWU is very good for conservative investors, because utilities are less volatile and risky. The covered call pays you some income, even if the ETF doesn't move up much.
We're near a top, but doesn't know if we are there. ZWU is very good for conservative investors, because utilities are less volatile and risky. The covered call pays you some income, even if the ETF doesn't move up much.
John DeGoey
Portfolio Manager, Wellington-Altus Private Wealth Inc.
Price
$13.510
Owned
Unknown
WEAK BUY
WEAK BUY
July 19, 2019
Over 6% yield with possible capital gains. But utilities are getting more expensive due to demand. A good high yield utility play.
Over 6% yield with possible capital gains. But utilities are getting more expensive due to demand. A good high yield utility play.
John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$13.530
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
July 8, 2019
The impact is going to be a big part on the pipeline component. Utility stocks have never been more expensive globally. It is fully valued. He would buy it at $12 or even close to $13 and would recommend it at those prices.
The impact is going to be a big part on the pipeline component. Utility stocks have never been more expensive globally. It is fully valued. He would buy it at $12 or even close to $13 and would recommend it at those prices.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$13.590
Owned
Yes
Showing 1 to 15 of 131 entries