BMO US High Dividend Covered Call ETF Review (ZWH) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 64/100
This equity ETF has an MER of 0.73%. With higher than average fees, it’s a premium option. Managing 278 million in assets, it’s widely trusted by 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.

ZWH 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 US High Dividend Covered Call (ZWH) 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 US High Dividend Covered Call 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.

ZWH stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $278MM

Expense Ratio: 0.73%

Price: $22.65 (Updated: 3/7/2024)

BMO US High Dividend Covered Call (ZWH) Top 10 Holdings

Company NameSymbolAssets %
JPMorgan Chase & CoJPM4.26063
Bank of America CorpBAC4.11519
AbbVie IncABBV4.09029
Home Depot IncHD4.04338
The Coca-Cola CompanyKO3.96827
Apple IncAAPL3.94711
Merck & Company IncMRK3.89502
Microsoft CorporationMSFT3.79797
Pfizer IncPFE3.7851
Procter & Gamble CompanyPG3.70319

BMO US High Dividend Covered Call (ZWH) Breakdown by Market Cap


BMO US High Dividend Covered Call (ZWH) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials1.907592.30891
Consumer Cyclicals8.4228311.05899
Financial Services13.2082113.19634
Real Estate01.85655
Communication Services5.425448.564
Consumer Defensive13.367125.70742

BMO US High Dividend Covered Call (ZWH) Geographic Breakdown

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

ZWH Management Expense Ratio

ZWH 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 US High Dividend Covered Call TSX ETF

You can buy  ZWH 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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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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