(ZWB) BMO Covered Call Canadian - Ratings and Ratios
Exchange: TO • Country: Canada • Currency: CAD • Type: Etf • ISIN: CA05560U1049 • Financial Services Equity
ZWB: Bank Shares, Covered Call Options
ZWB is a Canadian exchange-traded fund (ETF) designed to provide exposure to the financial services sector through a covered call strategy. It tracks the Morningstar Global Financial Services GR CAD Index, focusing on Canadian banking institutions. The fund generates income through option premiums while offering exposure to key Canadian banks.
From a technical standpoint, ZWB is currently trading at $18.97, above its 20-day SMA of $18.38 but slightly below its 50-day SMA of $18.77. The 200-day SMA stands at $18.74, indicating a stable long-term trend. The ATR of 0.31 reflects low volatility, suggesting consistent price movements. The average 20-day volume of 152,194 shares indicates moderate liquidity.
Over the next three months, ZWB is expected to trade within a narrow range, influenced by its strong support at $18.50 and resistance at $19.20. The 50-day SMA crossing above the 200-day SMA signals potential upward momentum, though the ATR suggests limited price swings. Fundamentally, the ETFs AUM of $2.92 billion CAD underscores its stability and investor confidence in the Canadian banking sector.
Additional Sources for ZWB ETF
ZWB ETF Overview
| Market Cap in USD | 2,114m |
| Category | Financial Services Equity |
| IPO / Inception | 2011-01-28 |
ZWB ETF Ratings
| Growth Rating | 68.0 |
| Fundamental | - |
| Dividend Rating | 86.0 |
| Rel. Strength | -5.28 |
| Analysts | - |
| Fair Price Momentum | 20.80 CAD |
| Fair Price DCF | - |
ZWB Dividends
| Dividend Yield 12m | 6.95% |
| Yield on Cost 5y | 13.13% |
| Annual Growth 5y | 5.29% |
| Payout Consistency | 95.5% |
ZWB Growth Ratios
| Growth Correlation 3m | -37.5% |
| Growth Correlation 12m | 69.2% |
| Growth Correlation 5y | 67.3% |
| CAGR 5y | 14.04% |
| CAGR/Max DD 5y | 0.56 |
| Sharpe Ratio 12m | 2.05 |
| Alpha | 8.68 |
| Beta | 0.312 |
| Volatility | 10.94% |
| Current Volume | 71.3k |
| Average Volume 20d | 110.3k |
As of May 11, 2025, the stock is trading at CAD 19.39 with a total of 71,309 shares traded.
Over the past week, the price has changed by +0.99%, over one month by +7.34%, over three months by +0.13% and over the past year by +15.10%.
Yes. Based on ValueRay Analyses, BMO Covered Call Canadian (TO:ZWB) is currently (May 2025) a good stock to buy. It has a ValueRay Growth Rating of 68.03 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ZWB as of May 2025 is 20.80. This means that ZWB is currently overvalued and has a potential downside of 7.27%.
BMO Covered Call Canadian has no consensus analysts rating.
According to ValueRays Forecast Model, ZWB BMO Covered Call Canadian will be worth about 22.6 in May 2026. The stock is currently trading at 19.39. This means that the stock has a potential upside of +16.76%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 22.6 | 16.8% |