Showing 1 to 15 of 41 entries
BUY
No issues at all. Good way to play the US market with its covered calls, which might be a good way to play a market that might be kind of flat.
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COMMENT
Could probably buy 2-4% from today. ZPAY, you can buy any time. It should have half the volatility of the market. The lower the markets get, the longer you get. The buy low and sell high strategy with 6% yield.
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HOLD

Likes this, but prefers ZWH for its much-higher dividend yield. But it's okay to hold onto ZWA.

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BUY

Likes it. A little more restricted than the ZWH, and the yield is about 1.5% lower than that one. Might be better for growth instead of income.

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WEAK BUY
ZWA-T vs. ZWS-T. ZWA-T is the Dow 30 with a covered call overlay. ZWS-T is a broader ETF with 50 holdings, much more diversified and just the DOW index and it also has a covered call overlay. He would prefer ZWS-T. He is looking at buying a lot more of this one.
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PAST TOP PICK

(A Top Pick May 18/18, Up 5%) Covered call adds yield when the market goes sideways, as it usually does in the summer. You don’t have to time the market, you just participate and take down portfolio risk.

0
TOP PICK

Extra 2% return on the Dow. A way to mitigate volatility. Play on the broad market in a good economy.

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PAST TOP PICK

(Top Pick Jun 28/17, Up 0.73%) The Dow has been the place to be. It has been a great hold. He likes the covered call aspect for the summer. You can collect the extra yield in that time.

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BUY

Increasing US exposure in the TSX ETF? There are a couple he would look at. BMO Dow Jones Indus. Avg. Hedge (ZWA-T), which is a covered call on the Dow stocks, as well as BMO US High Dividend Covered Call (ZWH-T) which is based on the higher dividend paying S&P. He likes both of these. They are more expensive because they are Covered Calls, but is quite impressed with the value added. He has a lot of these.

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TOP PICK

He likes covered call strategies during the summer. If we are expecting a flat to negative print on the broad market tape, then really you want to be in some of these covered call names. In a higher trending market, you are going to be called away from these positions, which is detrimental to the price of these covered call ETFS. In a flat to negative trending market, you are benefiting from the covered call overlay, which is 2% above the benchmark yield of about 2.7%.

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COMMENT

DOW mature blue chip companies with a covered call overlay. ZPW-T or a hedged version, which is even better, would be better going forward.

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WAIT

ZWH-T vs. ZWA-T. ZWH-T is high dividend exposure split across all economic sectors, but you have exposure to the US$. ZWA-T is narrower and has a currency hedge. For new money he would not put it into these as he is raising cash as he thinks another pullback is coming.

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BUY

Dow with a covered call overlay and a currency hedge. He prefers this to a basket of blue chips in the US. ZUD-T is top dividend payers in the US with a currency hedge.

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COMMENT

A covered call on the Dow. He still likes it. A core covered call holding for him. They take all 30 Dow stocks and sell calls against each of them individually. When you are selling calls on individual stocks “in” a basket, you are doing better than if you were just selling calls “on” the basket.

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COMMENT

How does hedging work? Every month they look at the assets and write a forward contract on the currency. The cost of hedging between US and Canadian $ is relatively low. It costs 25-50 basis points and is part of the tracking error, rather than the MER.

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Showing 1 to 15 of 41 entries

BMO Dow Jones Indus. Avg. Hedge ETF(ZWA-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for BMO Dow Jones Indus. Avg. Hedge 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 Dow Jones Indus. Avg. Hedge ETF(ZWA-T) Frequently Asked Questions

What is BMO Dow Jones Indus. Avg. Hedge ETF stock symbol?

BMO Dow Jones Indus. Avg. Hedge ETF is a Canadian stock, trading under the symbol ZWA-T on the Toronto Stock Exchange (ZWA-CT). It is usually referred to as TSX:ZWA or ZWA-T

Is BMO Dow Jones Indus. Avg. Hedge ETF a buy or a sell?

In the last year, 1 stock analyst published opinions about ZWA-T. 1 analyst 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 Dow Jones Indus. Avg. Hedge ETF.

Is BMO Dow Jones Indus. Avg. Hedge ETF a good investment or a top pick?

BMO Dow Jones Indus. Avg. Hedge ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for BMO Dow Jones Indus. Avg. Hedge ETF.

Why is BMO Dow Jones Indus. Avg. Hedge 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 Dow Jones Indus. Avg. Hedge ETF worth watching?

1 stock analyst on Stockchase covered BMO Dow Jones Indus. Avg. Hedge ETF In the last year. It is a trending stock that is worth watching.

What is BMO Dow Jones Indus. Avg. Hedge ETF stock price?

On 2022-09-29, BMO Dow Jones Indus. Avg. Hedge ETF (ZWA-T) stock closed at a price of $21.5.