ducovest

ZWU:CA:TSX-BMO Covered Call Utilities ETF (CAD)

ETF | Sector Equity | Toronto Stock Exchange

Last Closing

CAD 10.75

Change

+0.05 (+0.47)%

Market Cap

CAD 0.46B

Volume

0.57M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks growth and income. The fund provides investors to access a portfolio of widely recognized Canadian utilities companies, which include telecommunications and pipeline companies, while potentially earning call option premiums. It is an actively managed ETF.

Company Website : www.etfs.bmo.com

Currency: CAD

Country : Canada

Inception Date: 20/10/2011

Primary Benchmark: Solactive EW Canada Utilities TR CAD

Primary Index: CIBC WM 91 Day Treasury Bill CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.71 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
8260:TSE Izutsuya Co Ltd 6.14 %
PPL PPL Corporation 5.33 %
TRP TC Energy Corp 5.11 %
FTS Fortis Inc 5.10 %
ENB Enbridge Inc 5.09 %
T AT&T Inc 4.75 %
SO Southern Company 4.65 %
PPL PPL Corporation 4.64 %
NEE Nextera Energy Inc 4.62 %
KMI Kinder Morgan Inc 4.53 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-08-02 )

Largest Industry Peers for Sector Equity

Symbol Name Mer Price(Change) Market Cap
TEC:CA TD Global Technology Leaders I.. 0.00 %

N/A

 CAD 2.66B
XHC:CA iShares Global Healthcare (CAD.. 0.65 %

N/A

 CAD 0.67B
TXF:CA First Asset Tech Giants Covere.. 0.72 %

N/A

 CAD 0.64B
XIT:CA iShares S&P/TSX Capped Informa.. 0.61 %

N/A

 CAD 0.63B
HTA:CA Harvest Tech Achievers Growth .. 1.39 %

N/A

 CAD 0.59B
ZUT:CA BMO Equal Weight Utilities Ind.. 0.60 %

N/A

 CAD 0.45B
CWW:CA iShares Global Water Common Cl.. 0.66 %

N/A

 CAD 0.34B
XUT:CA iShares S&P/TSX Capped Utiliti.. 0.62 %

N/A

 CAD 0.29B
COW:CA iShares Global Agriculture Com.. 0.72 %

N/A

 CAD 0.28B
ZUH:CA BMO Equal Weight US Health Car.. 0.39 %

N/A

 CAD 0.28B

ETFs Containing ZWU:CA

ZZZD:CA BMO Tactical Dividend ETF.. 0.00 % 0.00 %

N/A

 CAD 0.03B

Market Performance

  Market Performance vs. Industry/Classification (Sector Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 4.42% 55% F 41% F
Dividend Return 4.76% 86% B+ 92% A
Total Return 9.18% 69% C- 55% F
Trailing 12 Months  
Capital Gain 3.76% 34% F 34% F
Dividend Return 7.43% 87% B+ 95% A
Total Return 11.20% 48% F 54% F
Trailing 5 Years  
Capital Gain -19.78% 11% F 19% F
Dividend Return 25.22% 86% B+ 90% A-
Total Return 5.45% 14% F 34% F
Average Annual (5 Year Horizon)  
Capital Gain -5.41% 3% F 12% F
Dividend Return 0.43% 7% C- 31% F
Total Return 5.84% 89% A- 95% A
Risk Return Profile  
Volatility (Standard Deviation) 10.83% 79% B- 69% C-
Risk Adjusted Return 3.97% 7% C- 30% F
Market Capitalization 0.46B 96% N/A 75% C

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

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:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

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.

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.

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.

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.