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Showing 1 to 15 of 28 entries
COMMENT
It is a buy low, sell high strategy. The target is 6%. Good for yield seekers who do not want to take risk and see volatility. The yield is sustainable.
E.T.F.'s
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.
E.T.F.'s
COMMENT
Right now, you are getting more yield from the market. Once markets go down, having covered call exposure is not ideal. After a major market decline, it is not the best thing to hold however. Adding more to pure dividend holdings than ZPAY. However, if you want to play defence, then it is one of the more defensive ways to go.
E.T.F.'s
BUY
Owns US large cap equities with a covered call. Good for yield strategy. Really likes it. Long 50% with covered calls, and puts with 5-15% lower. Buy-low, sell-high strategy. Half the volatility of S&P 500.
E.T.F.'s
COMMENT

Exposure to currency is mostly hedged for ZZZD. ZPAY is always in USD. ZWP is Canada relative to European currencies. The Canadian dollar selling off is a factor, but they are also doing well because they are doing what they are designed to do.

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

Hard to say which one would perform the best in a correction. ZZZD has a very defensive posture with half of the portfolio hedged to downside risk. ZWU and ZPAY are in ZZZD. Would look to be defensive in the next few months.

E.T.F.'s
COMMENT
One of his favourite ETFs. Was involved in creating this structure. They write puts on large cap US companies. Once they own them, they write calls on them. Trying to generate yield from the option premium and dividends. Buy low and sell high, 6% yield target. Focused on yield return with modest growth. In a robust economy, this will underperform but will provide yield. Will do well in most markets. A more defensive play.
E.T.F.'s
COMMENT
We saw a sharp weakness in the CAD so the dip was a currency based weakness. There is no longer term net exposure. There are more puts relative to covered calls right now. The under performance this year is the currency impact.
E.T.F.'s
BUY
The ETF that scans the Russell 1000 stocks and tries to find 50-100 that they want to own. Writes puts on these and earns the yield. When stocks fall to the levels, then owns and writes calls on them. Long on half the portfolio and on average writing puts on the other half. As markets go down, you get longer and buy more. As it goes up, it gets called away and sells some. Buys low and sells high with a targeted yield of 6%.
E.T.F.'s
COMMENT

Would not suggest Put Write strategy (ZPH). Would prefer ZPAY for the US market. ZPH never owns the stocks whereas ZPAY wants to own the stock at better prices.

E.T.F.'s
COMMENT

ZPAY is a US based dollar holding. When CAD becomes strong, you lose money holding a US asset. The move down is largely the CAD trading higher.

E.T.F.'s
BUY
It is long with a covered call. They are writing put to generate yield. When markets pull back, you get longer. When markets go up, it gets called away. You get a yield in the 6% range.
E.T.F.'s
COMMENT

ZZZD gives you exposure to global dividend payers, whereas ZPAY is only US markets. ZZZD has ZPAY in it for the US exposure. ZPAY gives a yield around 6% whereas ZZZD is designed to give 4%.

E.T.F.'s
BUY
An active strategy where they buy US stocks that are attractive and do a covered call overlay. When they want to own the stock but the price is high, they write puts to take advantage of this side. Designed to target yield of around 6% with modest growth. Good for yield seekers.
E.T.F.'s
Showing 1 to 15 of 28 entries

BMO Premium Yield ETF(ZPAY-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 8

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 8

Stockchase rating for BMO Premium Yield 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 Premium Yield ETF(ZPAY-T) Frequently Asked Questions

What is BMO Premium Yield ETF stock symbol?

BMO Premium Yield ETF is a Canadian stock, trading under the symbol ZPAY-T on the Toronto Stock Exchange (ZPAY-CT). It is usually referred to as TSX:ZPAY or ZPAY-T

Is BMO Premium Yield ETF a buy or a sell?

In the last year, 8 stock analysts published opinions about ZPAY-T. 8 analysts 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 Premium Yield ETF.

Is BMO Premium Yield ETF a good investment or a top pick?

BMO Premium Yield ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for BMO Premium Yield ETF.

Why is BMO Premium Yield 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 Premium Yield ETF worth watching?

8 stock analysts on Stockchase covered BMO Premium Yield ETF In the last year. It is a trending stock that is worth watching.

What is BMO Premium Yield ETF stock price?

On 2021-10-20, BMO Premium Yield ETF (ZPAY-T) stock closed at a price of $30.54.