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

ETF | Sector Equity | Toronto Stock Exchange

Last Closing

CAD 10.6

Change

-0.02 (-0.19)%

Market Cap

CAD 0.46B

Volume

0.30M

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.

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 Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-27 )

Largest Industry Peers for Sector Equity

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

-0.52 (-1.09%)

CAD 3.43B
XIT:CA iShares S&P/TSX Capped Informa.. 0.61 %

-0.44 (-0.63%)

CAD 0.78B
HTA:CA Harvest Tech Achievers Growth .. 1.39 %

-0.22 (-1.14%)

CAD 0.68B
TXF:CA First Asset Tech Giants Covere.. 0.72 %

-0.23 (-1.07%)

CAD 0.67B
XHC:CA iShares Global Healthcare (CAD.. 0.65 %

-0.07 (-0.10%)

CAD 0.54B
ZUT:CA BMO Equal Weight Utilities Ind.. 0.60 %

-0.04 (-0.18%)

CAD 0.51B
XUT:CA iShares S&P/TSX Capped Utiliti.. 0.62 %

-0.04 (-0.14%)

CAD 0.37B
CWW:CA iShares Global Water Common Cl.. 0.66 %

-0.07 (-0.12%)

CAD 0.31B
COW:CA iShares Global Agriculture Com.. 0.72 %

+0.23 (+0.35%)

CAD 0.27B
XST:CA iShares S&P/TSX Capped Consume.. 0.61 %

-0.11 (-0.20%)

CAD 0.27B

ETFs Containing ZWU:CA

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

-0.47 (-1.64%)

CAD 0.02B

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 2.96% 31% F 30% F
Dividend Return 7.48% 83% B 89% A-
Total Return 10.44% 37% F 38% F
Trailing 12 Months  
Capital Gain 2.96% 31% F 30% F
Dividend Return 7.48% 83% B 89% A-
Total Return 10.44% 37% F 38% F
Trailing 5 Years  
Capital Gain -24.45% 9% A- 17% F
Dividend Return 32.25% 79% B- 85% B
Total Return 7.80% 11% F 25% F
Average Annual (5 Year Horizon)  
Capital Gain -3.28% 3% F 14% F
Dividend Return 2.69% 9% A- 36% F
Total Return 5.97% 94% A 96% N/A
Risk Return Profile  
Volatility (Standard Deviation) 11.32% 80% B- 69% C-
Risk Adjusted Return 23.75% 17% F 39% F
Market Capitalization 0.46B 97% N/A 76% 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:
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.