ducovest

ZWE:CA:TSX-BMO Europe High Dividend Covered Call CAD Hedged (CAD)

ETF | European Equity |

Last Closing

CAD 20.47

Change

-0.21 (-1.02)%

Market Cap

CAD 0.59B

Volume

0.04M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The BMO Europe High Dividend Covered Call Hedged to CAD ETF has been designed to provide exposure to a dividend focused portfolio, while earning call option premiums. The underlying portfolio is yield-weighted and broadly diversified across sectors. The Fund screens for securities for dividend growth, sustainability, and option liquidity. The Fund also dynamically writes covered call options. The call options are written out of the money and selected based on analyzing the option's available premium. The option premium provides limited downside protection. The foreign currency exposure is hedged back to the Canadian dollar.

Company Website : http://www.bmo.com/gam/ca

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-10-30 )

Largest Industry Peers for European Equity

Symbol Name Price(Change) Market Cap
ZEQ:CA BMO MSCI Europe High Quality C..

-0.51 (-1.65%)

 CAD 1.08B
ZWP:CA BMO Europe High Dividend Cover..

-0.23 (-1.24%)

 CAD 0.74B
XEU:CA iShares MSCI Europe IMI

-0.28 (-0.89%)

 CAD 0.32B
VE:CA Vanguard FTSE Developed Europe..

N/A

 CAD 0.20B
XEH:CA iShares MSCI Europe IMI Index ..

-0.28 (-0.85%)

 CAD 0.14B
RPD:CA RBC Quant European Dividend Le..

-0.30 (-1.14%)

 CAD 0.03B
EDGF:CA Brompton European Dividend Gro..

-0.11 (-1.01%)

 CAD 0.02B
RPDH:CA RBC Quant European Dividend Le..

-0.45 (-1.68%)

 CAD 0.01B
EHE:CA CI Europe Hedged Equity Index ..

-0.23 (-0.71%)

 CAD 1.61M
HXX:CA Global X Europe 50 Index Corpo..

-0.58 (-1.11%)

 N/A

ETFs Containing ZWE:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (European Equity) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 3.02% 27% F 29% F
Dividend Return -42.40% 50% F 22% F
Total Return -39.38% 18% F 8% B-
Trailing 12 Months  
Capital Gain 7.17% 18% F 27% F
Dividend Return -42.85% 50% F 23% F
Total Return -35.68% 18% F 9% A-
Trailing 5 Years  
Capital Gain -0.63% 9% A- 37% F
Dividend Return -25.32% 50% F 36% F
Total Return -25.95% 9% A- 19% F
Average Annual (5 Year Horizon)  
Capital Gain 3.28% 36% F 47% F
Dividend Return 7.59% 27% F 57% F
Total Return 4.31% 90% A- 86% B+
Risk Return Profile  
Volatility (Standard Deviation) 9.62% 100% F 73% C
Risk Adjusted Return 78.92% 100% F 88% B+
Market Capitalization 0.59B 80% B- 61% D-

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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

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:
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.