TSE:ZWE
16.26
0.21
(1.28%)
BMO Europe High Dividend Covered Call Hedged to CAD ET
ZWE-T
Analysis and Opinions about ZWE-T
Signal
Opinion
Expert
COMMENT
COMMENT
October 26, 2020
A play on high dividend players with a covered call in Europe. ZWP has exposure to the Euro while ZWE does not. One of the holding is SWP, which is the German stock that took a beating today. Dips are good to buy and for now, he prefers ZWP for the foreign currency exposure.
DON'T BUY
DON'T BUY
October 21, 2020
If Europe comes out of the pandemic faster than the rest of the world, it will do well. But Europe is a value play, so not his favourite space. You give up growth on the covered call. Yield around 8%.
Show full opinionHide full opinionIf Europe comes out of the pandemic faster than the rest of the world, it will do well. But Europe is a value play, so not his favourite space. You give up growth on the covered call. Yield around 8%.
BUY
BUY
July 24, 2020
Great dividend payers, focused in UK, Germany and Switzerland. ZWE has an additional forward contract that hedges the canadian dollar to the pound, euro and swiss franc. He prefers ZWE for the currency hedge.
COMMENT
COMMENT
July 10, 2020
International dividend growth ETF. He uses CYH as a benchmark. It is a global dividend index using the Dow-Jones methodology that is currency hedged. In the US, there is NOBL for dividend growth companies. Globally, he would look at ZWE for yield enhancement.
WEAK BUY
WEAK BUY
June 1, 2020
ZWE-T vs. ZWH-T. With covered calls, when you are in a slightly up or down or sideways market, the call brings in a premium and dampens the volatility. But when it is in a very strong uptrend, the covered write lops off the top of the uptrend. The upside is capped. In a sharp declined followed by a snap-back rally, the same thing applies. You should have both for covered write portfolios to increase diversification if you are going to have them.
Show full opinionHide full opinionZWE-T vs. ZWH-T. With covered calls, when you are in a slightly up or down or sideways market, the call brings in a premium and dampens the volatility. But when it is in a very strong uptrend, the covered write lops off the top of the uptrend. The upside is capped. In a sharp declined followed by a snap-back rally, the same thing applies. You should have both for covered write portfolios to increase diversification if you are going to have them.
COMMENT
COMMENT
March 25, 2020
Hold? The underlying exposure is 22% financial services, 9% materials 3% real estate and industrials are 13%. This is pretty pro-cycle in its holdings. Right now you want to be owning more utilities and consumer defensive names. Be careful if there is another leg down. Wait until there this confirmation in a market recovery before buying more.
Show full opinionHide full opinionHold? The underlying exposure is 22% financial services, 9% materials 3% real estate and industrials are 13%. This is pretty pro-cycle in its holdings. Right now you want to be owning more utilities and consumer defensive names. Be careful if there is another leg down. Wait until there this confirmation in a market recovery before buying more.
BUY WEAKNESS
BUY WEAKNESS
March 2, 2020
Some of the best dividend payers in Europe with a covered call overlay. The market bottom is not in so wait to put in new money. This is not a bad level. He has not added to European dividend exposure yet.
Show full opinionHide full opinionSome of the best dividend payers in Europe with a covered call overlay. The market bottom is not in so wait to put in new money. This is not a bad level. He has not added to European dividend exposure yet.
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%
Show full opinionHide full opinionZWP 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.
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.
Show full opinionHide full opinionEurope 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.
Show full opinionHide full opinionZWE 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.
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.
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.
Show full opinionHide full opinionEurope 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.
BMO Europe High Dividend Covered Call Hedged to CAD ET(ZWE-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 5
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 6
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, 6 stock analysts published opinions about ZWE-T. 5 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 Larry Berman CFA, CMT, CTA on 2020-10-26. 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?
6 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 2020-10-27, BMO Europe High Dividend Covered Call Hedged to CAD ET (ZWE-T) stock closed at a price of $16.26.
