BMO Equal Weight US Banks Index ETF (TSX: ZBK)
Canada
· Delayed Price · Currency is CAD 29.36
-0.46 (-1.54%)
Jul 3, 2024, 3:59 PM EDT
38.88% (1Y)
| Assets | 636.74M |
| Expense Ratio | 0.39% |
| PE Ratio | 12.13 |
| Dividend (ttm) | 0.76 |
| Dividend Yield | 2.61% |
| Ex-Dividend Date | Jun 27, 2024 |
| Payout Frequency | Quarterly |
| Payout Ratio | 31.42% |
| 1-Year Return | +39.98% |
| Volume | 9,025 |
| Open | 29.88 |
| Previous Close | 29.82 |
| Day's Range | n/a |
| 52-Week Low | 20.15 |
| 52-Week High | 30.45 |
| Beta | 1.51 |
| Holdings | 17 |
| Inception Date | Feb 10, 2014 |
About ZBK
The fund is passively managed to provide exposure to the large-cap banking segment of the US financials sector. This includes commercial banks, savings institutions, and diversified investment. To be eligible for inclusion, companies must meet investability and liquidity requirements, including a minimum market capitalization of $10 billion. The index weights the resulting portfolio equally, instead of by market-cap, which lowers single-name blow-up risk and may cause a tilt to smaller firms. The index is reconstituted on a semi-annual basis.
Asset Class Equity
Category Financials
Region North America
Stock Exchange Toronto Stock Exchange
Ticker Symbol ZBK
Provider BMO
Index Tracked Solactive Equal Weight U.S. Bank Index - USD
Performance
ZBK had a total return of 39.98% in the past year. Since the fund's inception, the average annual return has been 6.65%, including dividends.
Top 10 Holdings
64.81% of assets| Name | Symbol | Weight |
|---|---|---|
| The Goldman Sachs Group, Inc. | GS | 7.03% |
| Bank of America Corporation | BAC | 6.72% |
| Citigroup Inc. | C | 6.64% |
| First Citizens BancShares, Inc. | FCNCA | 6.52% |
| JPMorgan Chase & Co. | JPM | 6.47% |
| M&T Bank Corporation | MTB | 6.38% |
| Citizens Financial Group, Inc. | CFG | 6.32% |
| Wells Fargo & Company | WFC | 6.26% |
| Truist Financial Corporation | TFC | 6.25% |
| The PNC Financial Services Group, Inc. | PNC | 6.22% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2024 | 0.195 CAD | Jul 3, 2024 |
| Mar 27, 2024 | 0.190 CAD | Apr 2, 2024 |
| Dec 27, 2023 | 0.190 CAD | Jan 3, 2024 |
| Sep 27, 2023 | 0.190 CAD | Oct 4, 2023 |
| Jun 28, 2023 | 0.190 CAD | Jul 5, 2023 |
| Mar 29, 2023 | 0.190 CAD | Apr 4, 2023 |