ZWC:CA:TSX-BMO CA High Dividend Covered Call ETF (CAD)

ETF | Canadian Dividend and Income Equity | TSX

Last Closing Price

CAD 18.18


0.00 (0.00)%

Market Cap

CAD 1.05B



Average Target Price

Average Analyst Rating


Fundamental Analysis



BMO Canadian High Dividend Covered Call ETF seeks to provide exposure to the performance of a portfolio of dividend paying Canadian companies 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



Top Sectors


Top Regions


Valuation Growth & Performance

Share Volume

Relative Performance (Total Returns)

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

Largest Industry Peers for Canadian Dividend and Income Equity

Symbol Name Mer Price(Change) Market Cap
XDV:CA iShares Canadian Select Divide.. 0.55 %


XEI:CA iShares S&P/TSX Composite .. 0.22 %


VDY:CA Vanguard FTSE Canadian High Di.. 0.21 %


CDZ:CA iShares S&P/TSX Canadian D.. 0.66 %


PDC:CA Invesco Canadian Dividend Inde.. 0.56 %


ZDV:CA BMO Canadian Dividend ETF 0.39 %


XDIV:CA iShares Core MSCI Canadian Qua.. 0.11 %


DGRC:CA CI WisdomTree Canada Quality D.. 0.24 %


FCCD:CA Fidelity Canadian High Dividen.. 0.40 %


RCD:CA RBC Quant Canadian Dividend Le.. 0.42 %



ETFs Containing ZWC:CA

Symbol Name Weight Mer Price(Change) Market Cap


Market Performance

  Market Performance vs.
Industry/Classification (Canadian Dividend and Income Equity)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Capital Gain 12.22% 12% F 57% F
Dividend Return 3.40% 100% A+ 95% A
Total Return 15.62% 35% F 64% D
Trailing 12 Months  
Capital Gain 20.08% 12% F 42% F
Dividend Return 7.99% 100% A+ 94% A
Total Return 28.07% 18% F 51% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -4.30% 6% F 13% F
Dividend Return 4.25% 100% A+ 88% B+
Total Return -0.07% 6% F 18% F
Risk Return Profile  
Volatility (Standard Deviation) 12.98% 76% C 65% D
Risk Adjusted Return -0.51% 6% F 18% F
Market Capitalization 1.05B 82% B- 66% D
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.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.