Buy, Sell or Hold: BMO Europe High Dividend Covered Call Hedged to CAD ET (ZWE-T)

TSE:ZWE

19.47

0.04 (0.21%) 1d

Showing 1 to 15 of 118 entries

BUY

ZWE is a high dividend covered call exposure to the best European payers. Good for those looking for exposure in the space. It hedges the currencies, so you don't have to worry about foreign currency volatility. Likely be able to maintain a good distribution unit. Good long term holding.

E.T.F.'s

BUY

ZWE has a currency hedge. If there is a global downtown and it is meaningful, then you would be concerned. Doesn't think we will see this. It will be a normal 5-10%. When you get the big sell-offs, you don't want to hold covered calls because you don't get the upside capture. Right now, both of these would work. Would fall less than the other names.

E.T.F.'s

COMMENT

ZPAY is his favourite way to play the US market. European ZWE is for Europe and if you need Canadian exposure. ZPAY is designed to yield around 6%. Will have some volatility but will have half of what the S&P will see.

E.T.F.'s

COMMENT

For yield seekers, ZWU is a great domestic play. Yield is currently around 7%. It is interest rate sensitive and to energy. If you want European dividend plays, he would recommend ZWE and ZWP.

E.T.F.'s

BUY

Both are good. If you want to extract yield form Europe, it is the better way to invest. Still owns them in his portfolios and strategies. One is currency hedged while the other is not.

E.T.F.'s

COMMENT

Likes Europe better. When not investing in Canada, you don't get the dividend tax credit. In a taxable account, would focus on ZWU since it has favourable tax treatment. In a registered account, he has been allocating to international companies since dividend is better.

E.T.F.'s

COMMENT

They are both identical. ZWP is not currency hedged. ZWE will hedge those currencies. Right now, he would want more exposure to a strengthening Euro than the CAD.

E.T.F.'s

COMMENT

Fee is 72 basis points. Europe is a value space, which has started to outperform growth. He'd rather own the underlying securities, as you get a better return without the covered call overlay.

E.T.F.'s

BUY

For yield seekers, this is a good way to get exposure to some of the best dividend payers in Europe. There is no reason there will be reason to change. During covid, dividend stocks did get crushed so it is not a proxy for bonds. Nothing wrong with using it to get exposure to yield.

E.T.F.'s

BUY

He would prefer to have more exposure to the Euro so he would go with ZWP. However, both are good choices right now.

E.T.F.'s

COMMENT

There is space for these ETFs for yield seekers. One of the challenges in 2020 was that dividend paying stocks did terrible relative to technology that does not pay dividends. Still likes them for conservative investors.

E.T.F.'s

COMMENT

The difference between ZWE and ZWP is the currency hedge. If you think the CAD will do worse than European currencies, then you want a ZWP. If you think the CAD will strengthen against these currencies, get ZWE. He recently swapped into ZWP since he wants foreign currency exposure.

E.T.F.'s

HOLD

This is the best way for high dividend seekers to get exposure outside of North America. During covid, we saw high dividend payers sell off more than others. As the economy rebalances, the stock should do well. He boosted exposure to this sector.

E.T.F.'s

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. A good fund for those looking for European exposure. There, the valuation is cheaper than in North America. A bet on a global growth recovery. Unlock Premium - Try 5i Free

E.T.F.'s

COMMENT

He owns both. Timing is the question. The hedge between the foreign currency and the Canadian dollar. Looking at the Euro-Canadian exchange rate, below 1.50 Euro-Cad, you want exposure to ZWP. Over 1.60, you want ZWE. He is wanting more exposure to the Euro and the British pound, so he is moving towards ZWP.

E.T.F.'s

Showing 1 to 15 of 118 entries

BMO Europe High Dividend Covered Call Hedged to CAD ET(ZWE-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 8

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 11

Stockchase rating for BMO Europe High Dividend Covered Call Hedged to CAD ET 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 Europe High Dividend Covered Call Hedged to CAD ET(ZWE-T) Frequently Asked Questions

What is BMO Europe High Dividend Covered Call Hedged to CAD ET stock symbol?

BMO Europe High Dividend Covered Call Hedged to CAD ET is a Canadian stock, trading under the symbol ZWE-T on the Toronto Stock Exchange (ZWE-CT). It is usually referred to as TSX:ZWE or ZWE-T

Is BMO Europe High Dividend Covered Call Hedged to CAD ET a buy or a sell?

In the last year, 11 stock analysts published opinions about ZWE-T. 8 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 Europe High Dividend Covered Call Hedged to CAD ET.

Is BMO Europe High Dividend Covered Call Hedged to CAD ET a good investment or a top pick?

BMO Europe High Dividend Covered Call Hedged to CAD ET was recommended as a Top Pick by on . Read the latest stock experts ratings for BMO Europe High Dividend Covered Call Hedged to CAD ET.

Why is BMO Europe High Dividend Covered Call Hedged to CAD ET 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 Europe High Dividend Covered Call Hedged to CAD ET worth watching?

11 stock analysts on Stockchase covered BMO Europe High Dividend Covered Call Hedged to CAD ET In the last year. It is a trending stock that is worth watching.

What is BMO Europe High Dividend Covered Call Hedged to CAD ET stock price?

On 2021-10-20, BMO Europe High Dividend Covered Call Hedged to CAD ET (ZWE-T) stock closed at a price of $19.47.

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