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5i Recent Questions
- BMO Covered Call Canadian Banks ETF (ZWB)
- BMO Equal Weight Banks Index ETF (ZEB)
- Hamilton Canadian Financials YIELD MAXIMIZER TM ETF (HMAX)
Q: Retired, dividend-income investor. I have spent a bit of time using your chart feature, which I think is excellent. I like the feature of it being total return (CG plus dividends).
Comparing total return for ZEB vs ZWB over various timeframes is easy, since they both have adequate history. The complication arises when adding HMAX to the comparison, due to it's very short history and therefore not being through a full cycle. It is apparent to me that the covered call ETFs do indeed give up total return for higher steady income.
To my amateur eyes, it appears that ZEB is the clear winner over 1-3-5 year timeframes, with HMAX taking over 2nd place in the 1 year timeframe.
However without the benefit of a full economic cycle, I can not come to a final decision. I have started building a position in HMAX, but I am now wondering if I should have been building a ZEB-ZWC position. I know that ZEB is banks, whereas HMAX is financials (banks, ins, etc).
Any thoughts you could throw in the mix would be helpful. Any indication of how it might perform over the longer term, based on the history so far....thanks...Steve
Comparing total return for ZEB vs ZWB over various timeframes is easy, since they both have adequate history. The complication arises when adding HMAX to the comparison, due to it's very short history and therefore not being through a full cycle. It is apparent to me that the covered call ETFs do indeed give up total return for higher steady income.
To my amateur eyes, it appears that ZEB is the clear winner over 1-3-5 year timeframes, with HMAX taking over 2nd place in the 1 year timeframe.
However without the benefit of a full economic cycle, I can not come to a final decision. I have started building a position in HMAX, but I am now wondering if I should have been building a ZEB-ZWC position. I know that ZEB is banks, whereas HMAX is financials (banks, ins, etc).
Any thoughts you could throw in the mix would be helpful. Any indication of how it might perform over the longer term, based on the history so far....thanks...Steve
- Bank of Nova Scotia (The) (BNS)
- BMO Covered Call Canadian Banks ETF (ZWB)
- Hamilton Canadian Financials YIELD MAXIMIZER TM ETF (HMAX)
Q: Between the 3 which would be your preference for someone who's looking for a long-term income holding.
TY
TY
- BMO Covered Call Canadian Banks ETF (ZWB)
- Evolve US Banks Enhanced Yield Fund (CALL)
- Global X Equal Weight Canadian Bank Covered Call ETF (BKCC)
Q: Can I have your opinion on the best Cdn. bank ETF'S that write call options. Low fees & decent history of good yield.
Thank You
Thank You
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