BMO High Ownership
| ZWH Etf | CAD 25.31 0.12 0.47% |
BMO |
BMO Etf Ownership Analysis
The fund generated five year return of 11.0%. BMO High Dividend keeps 99.2% of net assets in stocks. This fund last dividend was 0.11 per share. BMO US High Dividend Covered Call ETF seeks to provide exposure to the performance of a portfolio of dividend paying U.S. companies to generate income and to provide long-term capital appreciation while mitigating downside risk through the use of covered call options. BMO US is traded on Toronto Stock Exchange in Canada. For more information please call the company at NA.Top Etf Constituents
| PFE | Pfizer Inc | Stock | |
| JPM | JPMorgan Chase Co | Stock | |
| PEP | PepsiCo | Stock | |
| HD | Home Depot | Stock | |
| ABBV | AbbVie Inc | Stock | |
| AAPL | Apple Inc | Stock | |
| MSFT | Microsoft | Stock | |
| KO | The Coca Cola | Stock | |
| PG | Procter Gamble | Stock | |
| MRK | Merck Company | Stock |
Institutional Etf Holders for BMO High
| ZMI | BMO Monthly Income | Etf | |
| ZWS | BMO High Dividend | Etf |
BMO High Outstanding Bonds
BMO High issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. BMO High Dividend uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most BMO bonds can be classified according to their maturity, which is the date when BMO High Dividend has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Pair Trading with BMO High
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BMO High position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BMO High will appreciate offsetting losses from the drop in the long position's value.Moving together with BMO Etf
The ability to find closely correlated positions to BMO High could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BMO High when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BMO High - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BMO High Dividend to buy it.
The correlation of BMO High is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BMO High moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BMO High Dividend moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BMO High can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in BMO Etf
BMO High financial ratios help investors to determine whether BMO Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BMO with respect to the benefits of owning BMO High security.