BMO Covered Call Canadian Banks ETF (ZWB.TO)

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The chart shows the growth of an initial investment of CA$10,000 in BMO Covered Call Canadian Banks ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

BMO Covered Call Canadian Banks ETF had a return of 17.80% year-to-date (YTD) and 30.85% in the last 12 months. Over the past 10 years, BMO Covered Call Canadian Banks ETF had an annualized return of 7.41%, while the S&P 500 had an annualized return of 11.39%, indicating that BMO Covered Call Canadian Banks ETF did not perform as well as the benchmark.

The table below presents the monthly returns of ZWB.TO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

The current risk-adjusted rank of ZWB.TO is 82, placing it in the top 18% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The charts below present risk-adjusted performance metrics for BMO Covered Call Canadian Banks ETF (ZWB.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

BMO Covered Call Canadian Banks ETF provided a 6.67% dividend yield over the last twelve months, with an annual payout of CA$1.32 per share. The fund has been increasing its distributions for 9 consecutive years.

The table displays the monthly dividend distributions for BMO Covered Call Canadian Banks ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the BMO Covered Call Canadian Banks ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the BMO Covered Call Canadian Banks ETF was 39.36%, occurring on Mar 23, 2020. Recovery took 198 trading sessions.

The current BMO Covered Call Canadian Banks ETF drawdown is 0.15%.

The current BMO Covered Call Canadian Banks ETF volatility is 1.70%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.