BMO Europe High Dividend Covered Call Hedged to CAD ET

ZWE-T

Analysis and Opinions about ZWE-T

Signal
Opinion
Expert
COMMENT
COMMENT
January 22, 2020
ZWP vs ZWE? Both of these give virtually the same exposure into European dividend payers with a covered call writing strategy overlayed. The SWE is currency hedged to the CAD dollar. You would want the currency hedged product if you think the foreign currency was going to weaken compared to the CAD. Today, with the Bank of Canada holding rates steady in Canada, he believes traders will see weakness for the CAD and so you may want to be un-hedged on the currency side (i.e. hold ZWP instead). He cautions that a covered call will pay a higher dividend (as it collects premiums by selling call options), but it tends to limit the upside. Yield 7%
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ZWP vs ZWE? Both of these give virtually the same exposure into European dividend payers with a covered call writing strategy overlayed. The SWE is currency hedged to the CAD dollar. You would want the currency hedged product if you think the foreign currency was going to weaken compared to the CAD. Today, with the Bank of Canada holding rates steady in Canada, he believes traders will see weakness for the CAD and so you may want to be un-hedged on the currency side (i.e. hold ZWP instead). He cautions that a covered call will pay a higher dividend (as it collects premiums by selling call options), but it tends to limit the upside. Yield 7%
WATCH
WATCH
January 13, 2020

Exposure to the best dividend paying stocks in Europe with a covered call overlay. He hands down prefers these strategies and moves back and forth between currency hedge (ZWE-T) and not (ZWP-T). He has not bought any new exposure in these for the last year because of the market risk.

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Exposure to the best dividend paying stocks in Europe with a covered call overlay. He hands down prefers these strategies and moves back and forth between currency hedge (ZWE-T) and not (ZWP-T). He has not bought any new exposure in these for the last year because of the market risk.

COMMENT
COMMENT
November 1, 2019
Europe will probably trend higher. It's cheap, and Europe has outperformed NA. The central bank is being aggressive with lowering rates. European banks are different than American banks though and lend too much at a low rate. In the long term, he doesn't find Europe as exciting as North America.
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Europe will probably trend higher. It's cheap, and Europe has outperformed NA. The central bank is being aggressive with lowering rates. European banks are different than American banks though and lend too much at a low rate. In the long term, he doesn't find Europe as exciting as North America.
PARTIAL BUY
PARTIAL BUY
October 29, 2019
ZWE vs. ZWP One is hedged and the other is not. So, the solution is to buy each, 50/50. Check his top picks today, too.
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ZWE vs. ZWP One is hedged and the other is not. So, the solution is to buy each, 50/50. Check his top picks today, too.
BUY
BUY
October 21, 2019

He continues to love this as the best way to play Europe. If you are playing BREXIT this is not the ideal way to play it. You want EWUS for that. ZWP-T is not his preferred way to play Europe.

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He continues to love this as the best way to play Europe. If you are playing BREXIT this is not the ideal way to play it. You want EWUS for that. ZWP-T is not his preferred way to play Europe.

COMMENT
COMMENT
September 30, 2019

He likes Europe a lot, dominated by stable companies like Nestle, HSBC and big pharma. Euro dividends are often much higher than here. He's not a fan of covered calls, but this is okay, but don't expect much growth from this ETF.

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He likes Europe a lot, dominated by stable companies like Nestle, HSBC and big pharma. Euro dividends are often much higher than here. He's not a fan of covered calls, but this is okay, but don't expect much growth from this ETF.

DON'T BUY
DON'T BUY
September 17, 2019
Europe is in recession already with many countries there in negative interest rates. ZWE is an excellent product, but now is not a good time to get into Europe. He's not talking only about Brexit, but all of Europe. At least the covered call makes you some money as Europe will go sideways, as he predicts.
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Europe is in recession already with many countries there in negative interest rates. ZWE is an excellent product, but now is not a good time to get into Europe. He's not talking only about Brexit, but all of Europe. At least the covered call makes you some money as Europe will go sideways, as he predicts.
WATCH
WATCH
September 9, 2019

Great high dividend companies in Europe. He has been swapping ZWE-T into ZWP-T to get exposure to the Euro. He thinks the distribution is done after the withholding tax is deducted. Consult a tax advisor. He loves ZWE-T.

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Great high dividend companies in Europe. He has been swapping ZWE-T into ZWP-T to get exposure to the Euro. He thinks the distribution is done after the withholding tax is deducted. Consult a tax advisor. He loves ZWE-T.

BUY
BUY
September 9, 2019
Dividend ETFs with a monthly dividend, covered calls and a high yield. They give you great exposure to great companies.
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Dividend ETFs with a monthly dividend, covered calls and a high yield. They give you great exposure to great companies.
DON'T BUY
DON'T BUY
July 12, 2019
He's backed away from European investments because of the threat of a trade war there. Inclined to focus on Canadian utilities or ZWU for the US.
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He's backed away from European investments because of the threat of a trade war there. Inclined to focus on Canadian utilities or ZWU for the US.
BUY
BUY
June 10, 2019

ZWU or ZWE Both are good defensive strategies. ZWE: He's not that bullish on Europe, but at least you get income from writing the covered calls here. ZWU: Utilities are much less volatile and more stable, yet expose you to Europe. If you belive in Europe and playing defence, then both ETFs are fine. These two ETFs are highly correlated, rising and falling together. Note that utilities are risk-off, not for you if you have long-term bullish.

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ZWU or ZWE Both are good defensive strategies. ZWE: He's not that bullish on Europe, but at least you get income from writing the covered calls here. ZWU: Utilities are much less volatile and more stable, yet expose you to Europe. If you belive in Europe and playing defence, then both ETFs are fine. These two ETFs are highly correlated, rising and falling together. Note that utilities are risk-off, not for you if you have long-term bullish.

HOLD
HOLD
June 5, 2019
It yields around 7%. This requires a call on Europe. It has been recovering reasonably well since the new year. Germany has rebounded well, but there are some auto tariff uncertainties. Technically, it has been showing some support. As long as a recession is not forthcoming, it could be a good yield play.
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It yields around 7%. This requires a call on Europe. It has been recovering reasonably well since the new year. Germany has rebounded well, but there are some auto tariff uncertainties. Technically, it has been showing some support. As long as a recession is not forthcoming, it could be a good yield play.
BUY
BUY
May 13, 2019
He likes it. It over-weights the high dividend players. What is going on in Europe is astronomical right now.
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He likes it. It over-weights the high dividend players. What is going on in Europe is astronomical right now.
SELL
SELL
May 6, 2019
ZWE-T vs. ZWP-T. He sold most of his ZWE-T to purchase ZWP-T, which is the same thing except he gets more exposure to the British pound and Euro. He prefers that exposure as we get close to the end of BREXIT. He is vastly underweight Europe generally.
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ZWE-T vs. ZWP-T. He sold most of his ZWE-T to purchase ZWP-T, which is the same thing except he gets more exposure to the British pound and Euro. He prefers that exposure as we get close to the end of BREXIT. He is vastly underweight Europe generally.
PAST TOP PICK
PAST TOP PICK
April 2, 2019
(A Top Pick Feb 09/18, Up 5%) Sold off most of its position, because of Europe. Riots in Paris. Italy is bordering on its debt problems.
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(A Top Pick Feb 09/18, Up 5%) Sold off most of its position, because of Europe. Riots in Paris. Italy is bordering on its debt problems.
Showing 1 to 15 of 93 entries

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

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 7

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 3

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. 7 analysts recommended to BUY the stock. 3 analysts 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 Daniel Straus on 2020-01-22. 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 2020-02-26, BMO Europe High Dividend Covered Call Hedged to CAD ET (ZWE-T) stock closed at a price of $19.66.