ZWC:CA:TSX-BMO Canadian High Dividend Covered Call ETF

ETF | Canadian Dividend and Income Equity | Toronto Stock Exchange

Last Closing

CAD 19.37

Change

+0.07 (+0.36)%

Market Cap

CAD 0.02B

Volume

0.03M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

Inception Date: 03/02/2017

Primary Benchmark: S&P/TSX Capped Composite TR CAD

Primary Index:

Gross Expense Ratio: %

Management Expense Ratio: 0.72 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-03-21 )

Largest Industry Peers for Canadian Dividend and Income Equity

Symbol Name Mer Price(Change) Market Cap
VDY:CA Vanguard FTSE Canadian High Di.. 0.22 %

+0.22 (+0.50%)

CAD 2.09B
XEI:CA iShares S&P/TSX Composite High.. 0.22 %

+0.16 (+0.63%)

CAD 1.57B
XDV:CA iShares Canadian Select Divide.. 0.55 %

+0.11 (+0.40%)

CAD 1.55B
XDIV:CA iShares Core MSCI Canadian Qua.. 0.11 %

+0.16 (+0.61%)

CAD 1.04B
ZDV:CA BMO Canadian Dividend 0.38 %

+0.09 (+0.44%)

CAD 0.99B
CDZ:CA iShares S&P/TSX Canadian Divid.. 0.66 %

+0.07 (+0.22%)

CAD 0.88B
PDC:CA Invesco Canadian Dividend Inde.. 0.55 %

+0.18 (+0.58%)

CAD 0.76B
DGRC:CA CI WisdomTree Canada Quality D.. 0.24 %

+0.19 (+0.50%)

CAD 0.72B
DXC:CA Dynamic Active Canadian Divide.. 0.86 %

+0.21 (+0.59%)

CAD 0.22B
FCCD:CA Fidelity Canadian High Dividen.. 0.00 %

+0.12 (+0.44%)

CAD 0.17B

ETFs Containing ZWC:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Canadian Dividend and Income Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 12.03% 44% F 71% C-
Dividend Return 1.21% 100% F 60% D-
Total Return 13.24% 50% F 74% C
Trailing 12 Months  
Capital Gain N/A N/A N/A N/A F
Dividend Return 6.38% 100% F 90% A-
Total Return N/A N/A N/A N/A F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A F
Dividend Return N/A N/A N/A N/A F
Total Return N/A N/A N/A N/A F
Average Annual (5 Year Horizon)  
Capital Gain -2.88% 18% F 21% F
Dividend Return 0.28% 12% F 28% F
Total Return 3.18% 56% F 56% F
Risk Return Profile  
Volatility (Standard Deviation) 3.29% 94% A 86% B+
Risk Adjusted Return 8.44% 12% F 29% F
Market Capitalization 0.02B 67% D+ 78% 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:
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.

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.

Negative earnings

The company had negative total earnings in the most recent four quarters.