ZWB:CA:TSX-BMO Covered Call Canadian Banks ETF (CAD)

ETF | Financial Services Equity | TSX

Last Closing Price

CAD 20.66

Change

0.00 (0.00)%

Market Cap

CAD 2.19B

Volume

0.18M

Average Target Price

N/A
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

BMO Covered Call Canadian Banks ETF seeks to provide exposure to the performance of a portfolio of Canadian banks to generate income and to provide long-term capital appreciation while mitigating downside risk through the use of covered call options.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Valuation Growth & Performance

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-06-20 )

Largest Industry Peers for Financial Services Equity

Symbol Name Mer Price(Change) Market Cap
ZEB:CA BMO Equal Weight Banks Index E.. 0.60 %

N/A

CAD1.93B
XFN:CA iShares S&P/TSX Capped Fin.. 0.61 %

N/A

CAD1.58B
ZBK:CA BMO Equal Weight US Banks Inde.. 0.38 %

N/A

CAD0.84B
FSF:CA CI Global Financial Sector ETF 1.00 %

N/A

CAD0.81B
ZUB:CA BMO Equal Weight US Banks Hedg.. 0.38 %

N/A

CAD0.62B
CEW:CA iShares Equal Weight Banc &.. 0.61 %

N/A

CAD0.21B
CIC:CA CI Canadian Banks Income Class.. 0.80 %

N/A

CAD0.19B
ZWK:CA BMO Covered Call US Banks ETF 0.71 %

N/A

CAD0.16B
RBNK:CA RBC Canadian Bank Yield Index .. 0.32 %

N/A

CAD0.15B
FLI:CA CI U.S. & Canada Lifeco In.. 0.93 %

N/A

CAD0.10B

ETFs Containing ZWB:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Financial Services Equity)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 17.49% 45% F 70% C-
Dividend Return 2.76% 88% B+ 88% B+
Total Return 20.25% 55% F 72% C-
Trailing 12 Months  
Capital Gain 35.71% 45% F 61% D-
Dividend Return 7.10% 84% B 90% A-
Total Return 42.81% 41% F 65% D
Trailing 5 Years  
Capital Gain 24.88% 38% F 51% F
Dividend Return 25.37% 80% B- 85% B
Total Return 50.25% 38% F 61% D-
Average Annual (5 Year Horizon)  
Capital Gain 0.59% 41% F 30% F
Dividend Return 4.41% 90% A- 89% B+
Total Return 4.99% 59% F 47% F
Risk Return Profile  
Volatility (Standard Deviation) 16.29% 77% C+ 56% F
Risk Adjusted Return 30.62% 68% D+ 42% F
Market Capitalization 2.19B 100% A+ 76% C
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.