HomeBMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF Review (ZWA) 2024ETF ProfilesETFsInvestingBMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF Review (ZWA) 2024

BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF Review (ZWA) 2024

BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF Review (ZWA) 2024

Last Updated: 3/7/2024

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 NameSymbolAssets %
UnitedHealth Group IncorporatedUNH9.28682
Goldman Sachs Group IncGS6.8049
Microsoft CorporationMSFT6.63326
Home Depot IncHD6.11307
McDonald’s CorporationMCD5.23037
Caterpillar IncCAT5.21555
Amgen IncAMGN5.08061
Salesforce.com IncCRM4.64173
The Boeing CompanyBA4.59799
Visa Inc. Class AV4.59252

BMO Covered Call Dow Jones Industrial Average Hedged to CAD (ZWA) Breakdown by Market Cap

CategoryValue
Mega50.98171
Big44.90493
Medium5.01255
Small0
Micro0

BMO Covered Call Dow Jones Industrial Average Hedged to CAD (ZWA) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials0.926092.30891
Consumer Cyclicals12.9101211.05899
Financial Services21.4853113.19634
Real Estate01.85655
Communication Services2.390698.564
Energy2.547263.51122
Industrials13.9579.29279
Technology19.6938929.30908
Consumer Defensive6.595995.70742
Healthcare19.4936413.25845
Utilities01.93624

BMO Covered Call Dow Jones Industrial Average Hedged to CAD (ZWA) Geographic Breakdown

RegionEquity %Relative to Category
North America10098.591
United Kingdom00.32161
Europe Developed00.753
Europe Emerging00
Africa/Middle East00.03
Japan00.071
Australasia00
Asia Developed00.046
Asia Emerging00.084
Latin America00.103

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:  
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