ZWU:CA:TSX-BMO Covered Call Utilities ETF

ETF | Sector Equity | Toronto Stock Exchange

Last Closing

CAD 13.53

Change

+0.01 (+0.07)%

Market Cap

CAD 0.46B

Volume

0.15M

Analyst Target

N/A
Analyst Rating

N/A

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: 2019-03-25 )

Largest Industry Peers for Sector Equity

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

N/A

CAD 2.36B
XIT:CA iShares S&P/TSX Capped Informa.. 0.61 %

-0.15 (-0.27%)

CAD 0.69B
TXF:CA First Asset Tech Giants Covere.. 0.72 %

+0.03 (+0.14%)

CAD 0.66B
XHC:CA iShares Global Healthcare (CAD.. 0.65 %

+0.77 (+1.08%)

CAD 0.63B
HTA:CA Tech Achievers Growth & Income.. 1.39 %

-0.14 (-0.77%)

CAD 0.57B
ZUT:CA BMO Equal Weight Utilities Ind.. 0.60 %

+0.19 (+1.01%)

CAD 0.41B
HHL:CA Harvest Healthcare Leaders Inc.. 1.15 %

+0.05 (+0.60%)

CAD 0.33B
ZUH:CA BMO Equal Weight US Health Car.. 0.39 %

+1.01 (+1.42%)

CAD 0.32B
CWW:CA iShares Global Water Common Cl.. 0.66 %

+0.49 (+0.90%)

CAD 0.32B
XUT:CA iShares S&P/TSX Capped Utiliti.. 0.62 %

+0.23 (+0.93%)

CAD 0.31B

ETFs Containing ZWU:CA

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

-0.23 (-0.83%)

CAD 0.26B

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 11.82% 48% F 75% C
Dividend Return 1.16% 55% F 56% F
Total Return 12.98% 52% F 77% C+
Trailing 12 Months  
Capital Gain 10.36% 75% C 85% B
Dividend Return 6.75% 85% B 92% A
Total Return 17.11% 80% B- 89% A-
Trailing 5 Years  
Capital Gain -10.22% 8% B- 45% F
Dividend Return 29.57% 92% A 87% B+
Total Return 19.35% 8% B- 58% F
Average Annual (5 Year Horizon)  
Capital Gain -4.59% 5% F 16% F
Dividend Return 1.77% 31% F 37% F
Total Return 6.37% 97% N/A 92% A
Risk Return Profile  
Volatility (Standard Deviation) 8.75% 56% F 65% D
Risk Adjusted Return 20.18% 26% F 39% F
Market Capitalization 0.46B 98% N/A 84% 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.

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.