(ZEB) BMO S&P/TSX Equal Weight - Ratings and Ratios

Exchange: TO • Country: Canada • Currency: CAD • Type: Etf • ISIN: CA0556851016 • Financial Services Equity

ZEB: Banks, Financial, Services, Investments, Stocks, Canadian

ZEB is a Canadian exchange-traded fund (ETF) designed to track the performance of the S&P/TSX Equal Weight Banks Index. Its managed by BMO Financial Group, a well-established Canadian financial institution. The fund focuses specifically on the Canadian banking sector, offering exposure to a basket of major Canadian banks. Unlike market-cap-weighted indices, ZEB employs an equal-weighting approach, which means each constituent bank has a roughly equal influence on the funds performance. This can be appealing for investors seeking more balanced exposure to the sector, rather than being overly concentrated in the largest banks.

The ETF has a significant assets under management (AUM) of CAD 4642.51M, indicating strong investor interest and liquidity. Its expense ratio is competitive, making it a cost-effective way to gain exposure to Canadas banking sector. The funds underlying index, the Morningstar Global Financial Services GR CAD, is designed to capture the growth of financial services companies in Canada, with a focus on banks. ZEB trades on the Toronto Stock Exchange (TSX) under the ticker symbol ZEB, making it easily accessible to Canadian investors and international investors with access to the TSX.

For investors and fund managers, ZEB offers a targeted way to gain exposure to Canadas stable banking sector, which is known for its resilience and strong regulatory framework. The equal-weighting approach can be particularly advantageous during periods when smaller banks outperform their larger counterparts. However, its important to note that the funds performance is closely tied to the health of the Canadian economy and the financial sector, which can be influenced by interest rate changes, regulatory policies, and broader economic conditions. As with any sector-specific ETF, its crucial to consider how it fits into the overall diversification of a portfolio.

Additional Sources for ZEB ETF

Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle

ZEB ETF Overview

Market Cap in USD 3,771m
Category Financial Services Equity
IPO / Inception 2009-10-20

ZEB ETF Ratings

Growth Rating 77.8
Fundamental -
Dividend Rating 78.6
Rel. Strength -1.38
Analysts -
Fair Price Momentum 41.46 CAD
Fair Price DCF -

ZEB Dividends

Dividend Yield 12m 4.22%
Yield on Cost 5y 9.32%
Annual Growth 5y 6.96%
Payout Consistency 93.8%

ZEB Growth Ratios

Growth Correlation 3m -87%
Growth Correlation 12m 75.7%
Growth Correlation 5y 75.3%
CAGR 5y 17.36%
CAGR/Max DD 5y 0.67
Sharpe Ratio 12m 1.49
Alpha 11.63
Beta 0.334
Volatility 24.53%
Current Volume 2628.3k
Average Volume 20d 2730.3k
What is the price of ZEB stocks?
As of April 25, 2025, the stock is trading at CAD 40.03 with a total of 2,628,273 shares traded.
Over the past week, the price has changed by +2.25%, over one month by -1.23%, over three months by -5.64% and over the past year by +16.20%.
Is BMO S&P/TSX Equal Weight a good stock to buy?
Yes. Based on ValueRay Analyses, BMO S&P/TSX Equal Weight (TO:ZEB) is currently (April 2025) a good stock to buy. It has a ValueRay Growth Rating of 77.83 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ZEB as of April 2025 is 41.46. This means that ZEB is currently overvalued and has a potential downside of 3.57%.
Is ZEB a buy, sell or hold?
BMO S&P/TSX Equal Weight has no consensus analysts rating.
What are the forecast for ZEB stock price target?
According to ValueRays Forecast Model, ZEB BMO S&P/TSX Equal Weight will be worth about 45 in April 2026. The stock is currently trading at 40.03. This means that the stock has a potential upside of +12.34%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 45 12.3%