BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF Review (ZWA) 2024
Wealth Awesome Rating: 63/100
This equity ETF has an MER of 0.73%. With higher than average fees, it’s a premium option. Managing 221 million in assets, it’s less popular among investors. Suitable for those seeking growth with a medium to high risk tolerance.
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.
ZWA trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The BMO Covered Call Dow Jones Industrial Average Hedged to CAD (ZWA) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
What is the BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.73%. This ETF trades on the TSX exchange.ZWA stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $221MM
Expense Ratio: 0.73%
Price: $25.52 (Updated: 3/7/2024)
BMO Covered Call Dow Jones Industrial Average Hedged to CAD (ZWA) Top 10 Holdings
Company Name | Symbol | Assets % |
---|---|---|
UnitedHealth Group Incorporated | UNH | 9.28682 |
Goldman Sachs Group Inc | GS | 6.8049 |
Microsoft Corporation | MSFT | 6.63326 |
Home Depot Inc | HD | 6.11307 |
McDonald’s Corporation | MCD | 5.23037 |
Caterpillar Inc | CAT | 5.21555 |
Amgen Inc | AMGN | 5.08061 |
Salesforce.com Inc | CRM | 4.64173 |
The Boeing Company | BA | 4.59799 |
Visa Inc. Class A | V | 4.59252 |
BMO Covered Call Dow Jones Industrial Average Hedged to CAD (ZWA) Breakdown by Market Cap
Category | Value |
---|---|
Mega | 50.98171 |
Big | 44.90493 |
Medium | 5.01255 |
Small | 0 |
Micro | 0 |
BMO Covered Call Dow Jones Industrial Average Hedged to CAD (ZWA) Sector Breakdown
Sector | Equity % | Relative to Category |
---|---|---|
Basic Materials | 0.92609 | 2.30891 |
Consumer Cyclicals | 12.91012 | 11.05899 |
Financial Services | 21.48531 | 13.19634 |
Real Estate | 0 | 1.85655 |
Communication Services | 2.39069 | 8.564 |
Energy | 2.54726 | 3.51122 |
Industrials | 13.957 | 9.29279 |
Technology | 19.69389 | 29.30908 |
Consumer Defensive | 6.59599 | 5.70742 |
Healthcare | 19.49364 | 13.25845 |
Utilities | 0 | 1.93624 |
BMO Covered Call Dow Jones Industrial Average Hedged to CAD (ZWA) Geographic Breakdown
Region | Equity % | Relative to Category |
---|---|---|
North America | 100 | 98.591 |
United Kingdom | 0 | 0.32161 |
Europe Developed | 0 | 0.753 |
Europe Emerging | 0 | 0 |
Africa/Middle East | 0 | 0.03 |
Japan | 0 | 0.071 |
Australasia | 0 | 0 |
Asia Developed | 0 | 0.046 |
Asia Emerging | 0 | 0.084 |
Latin America | 0 | 0.103 |
ZWA Management Expense Ratio
ZWA has a management expense ratio of 0.73% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.How to Buy BMO Covered Call Dow Jones Industrial Average Hedged to CAD TSX ETF
You can buy ZWA on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:Image | Product Title | Features | Price |
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