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

ETF | Canadian Dividend and Income Equity | TSX

Last Closing Price

CAD 18.18

Change

0.00 (0.00)%

Market Cap

CAD 1.05B

Volume

0.33M

Average Target Price

N/A
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

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

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 Canadian Dividend and Income Equity

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

N/A

CAD1.73B
XEI:CA iShares S&P/TSX Composite .. 0.22 %

N/A

CAD1.14B
VDY:CA Vanguard FTSE Canadian High Di.. 0.21 %

N/A

CAD1.11B
CDZ:CA iShares S&P/TSX Canadian D.. 0.66 %

N/A

CAD0.94B
PDC:CA Invesco Canadian Dividend Inde.. 0.56 %

N/A

CAD0.77B
ZDV:CA BMO Canadian Dividend ETF 0.39 %

N/A

CAD0.68B
XDIV:CA iShares Core MSCI Canadian Qua.. 0.11 %

N/A

CAD0.45B
DGRC:CA CI WisdomTree Canada Quality D.. 0.24 %

N/A

CAD0.38B
FCCD:CA Fidelity Canadian High Dividen.. 0.40 %

N/A

CAD0.12B
RCD:CA RBC Quant Canadian Dividend Le.. 0.42 %

N/A

CAD0.11B

ETFs Containing ZWC:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

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
YTD  
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.