Key stats
About BMO US High Dividend Covered Call Hedged to CAD ETF
Home page
Inception date
Mar 2, 2018
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Primary advisor
BMO Asset Management, Inc.
ISIN
CA09661N1006
The fund combines a dividend strategy with a covered call options overlay. Its underlying portfolio holds high yielding U.S. dividend equities that are screened for dividend payout sustainability and positive 3-year dividend growth. Underlying portfolio securities are selected and weighted by dividend yield. The fund holds underlying stock positions on this portfolio and writes call options out of the money. The call options, which are either exchange-traded or over-the-counter, are selected based on the option's implied volatility. The funds strategy enables investors to earn call option premiums, which provide limited downside protection.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF100.01%
Cash−0.01%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZWS last dividends amounted to 0.11 CAD. The month before, the issuer paid 0.11 CAD in dividends,
ZWS assets under management is 134.99 M CAD. It's fallen 7.90% over the last month.
ZWS fund flows account for 9.90 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, ZWS pays dividends to its holders with the dividend yield of 5.76%. The last dividend (Oct 2, 2025) amounted to 0.10 CAD. The dividends are paid monthly.
ZWS shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Mar 2, 2018, and its management style is Active.
ZWS expense ratio is 0.76% meaning you'd have to pay 0.76% of your investment to help manage the fund.
ZWS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZWS invests in funds.
ZWS price has risen by 2.31% over the last month, and its yearly performance shows a −1.42% decrease. See more dynamics on ZWS price chart.
NAV returns, another gauge of an ETF dynamics, showed a 3.32% increase in three-month performance and has increased by 4.19% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 3.32% increase in three-month performance and has increased by 4.19% in a year.
ZWS trades at a premium (0.19%) meaning the ETF is trading at a higher price than the calculated NAV.