BMO Equal Weight US Banks Index ETF (TSX: ZBK)
Canada
· Delayed Price · Currency is CAD 30.27
0.00 (0.00%)
May 17, 2024, 3:22 PM EDT
41.51% (1Y)
| Assets | 679.75M |
| Expense Ratio | 0.39% |
| PE Ratio | 10.71 |
| Dividend (ttm) | 0.76 |
| Dividend Yield | 2.51% |
| Ex-Dividend Date | Mar 27, 2024 |
| Payout Frequency | Quarterly |
| Payout Ratio | 26.87% |
| 1-Year Return | +41.65% |
| Volume | 2,002 |
| Open | 30.28 |
| Previous Close | 30.27 |
| Day's Range | 30.25 - 30.34 |
| 52-Week Low | 20.15 |
| 52-Week High | 30.45 |
| Beta | 1.52 |
| 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 TSX
Ticker Symbol ZBK
Provider BMO
Index Tracked Solactive Equal Weight U.S. Bank Index - USD
Performance
ZBK had a total return of 41.65% in the past year. Since the fund's inception, the average annual return has been 7.05%, including dividends.
Top 10 Holdings
64.20% of assets| Name | Symbol | Weight |
|---|---|---|
| The Goldman Sachs Group, Inc. | GS | 7.04% |
| First Citizens BancShares, Inc. | FCNCA | 6.63% |
| Citigroup Inc. | C | 6.49% |
| Bank of America Corporation | BAC | 6.43% |
| JPMorgan Chase & Co. | JPM | 6.34% |
| Citizens Financial Group, Inc. | CFG | 6.31% |
| M&T Bank Corporation | MTB | 6.28% |
| Wells Fargo & Company | WFC | 6.24% |
| Truist Financial Corporation | TFC | 6.22% |
| The PNC Financial Services Group, Inc. | PNC | 6.22% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 27, 2024 | 0.190 CAD | n/a |
| Dec 27, 2023 | 0.190 CAD | n/a |
| Sep 27, 2023 | 0.190 CAD | n/a |
| Jun 28, 2023 | 0.190 CAD | n/a |
| Mar 29, 2023 | 0.190 CAD | Apr 4, 2023 |
| Dec 28, 2022 | 0.170 CAD | Jan 3, 2023 |