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BMO Covered Call Canadian Banks ETF ZWB

Morningstar Medalist Rating
Medalist Rating as of | See BMO Investment Hub

Morningstar’s Analysis ZWB

Will ZWB outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ZWB’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ZWB management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ZWB’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in BMO Covered Call Canadian Banks ETF's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ZWB

More ZWB Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 100.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BMO Equal Weight Banks ETF

32.48 968.2 Mil
—

Canadian Imperial Bank of Commerce

12.48 372.1 Mil
Financial Services

National Bank of Canada

11.84 352.9 Mil
Financial Services

Royal Bank of Canada

11.35 338.3 Mil
Financial Services

Bank of Montreal

11.12 331.5 Mil
Financial Services

Bank of Nova Scotia

10.72 319.6 Mil
Financial Services

The Toronto-Dominion Bank

10.45 311.5 Mil
Financial Services

Canadian Dollar

0.59 17.6 Mil
Cash and Equivalents

Us Dollar

0.00 15,817
Cash and Equivalents

Royal Bank Of Canada Mar24 138 Call

0.00 −25,500
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