ducovest

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

ETF | Financial Services Equity |

Last Closing

CAD 19.96

Change

0.00 (0.00)%

Market Cap

CAD 3.18B

Volume

0.05M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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: 2024-12-25 )

Largest Industry Peers for Financial Services Equity

Symbol Name Price(Change) Market Cap
ZEB:CA BMO S&P/TSX Equal Weight Banks

N/A

 CAD 4.43B
XFN:CA iShares S&P/TSX Capped Financi..

N/A

 CAD 1.69B
ZBK:CA BMO Equal Weight US Banks Inde..

N/A

 CAD 0.79B
FSF:CA CI Global Financial Sector ETF

N/A

 CAD 0.46B
ZUB:CA BMO Equal Weight US Banks Hedg..

N/A

 CAD 0.40B
ZWK:CA BMO Covered Call US Banks ETF

N/A

 CAD 0.36B
BANK:CA Evolve Canadian Banks and Life..

N/A

 CAD 0.33B
RBNK:CA RBC Canadian Bank Yield Index ..

N/A

 CAD 0.28B
CEW:CA iShares Equal Weight Banc & Li..

N/A

 CAD 0.24B
HEWB:CA Global X Equal Weight Canadian..

N/A

 CAD 0.18B

ETFs Containing ZWB:CA

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 11.88% 10% F 52% F
Dividend Return 6.78% 78% C+ 86% B+
Total Return 18.67% 10% F 59% D-
Trailing 12 Months  
Capital Gain 12.20% 10% F 52% F
Dividend Return 6.80% 72% C 84% B
Total Return 19.00% 10% F 59% D-
Trailing 5 Years  
Capital Gain 7.89% 50% F 47% F
Dividend Return 32.95% 94% A 87% B+
Total Return 40.84% 55% F 56% F
Average Annual (5 Year Horizon)  
Capital Gain 5.12% 30% F 51% F
Dividend Return 10.63% 20% F 63% D
Total Return 5.51% 78% C+ 95% A
Risk Return Profile  
Volatility (Standard Deviation) 20.01% 95% A 44% F
Risk Adjusted Return 53.12% 55% F 66% D+
Market Capitalization 3.18B 95% A 81% B-

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 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:
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.

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.