asking for Elliottists for opinionLooks to me that actually ZWE never had a trend cycle completed (5 waves) on the WT. My question is on what wave do you guys think we are just now.
I am long on this one for some time, but maybe time to dump it in order to take advantage of the momentum reversing? Any opinion is welcomed.
Thx
Key stats
About BMO S&P 500 HEDGE TO CAD INDEX ETF CAD UNITS
Home page
Inception date
May 29, 2009
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
The fund captures the US equity large-cap space by tracking a well-known indexthe S&P 500, which covers approximately 80% of available market capitalization. The fund defines large-caps as the S&P Committee sees it, which means it includes a fairly large allocation to firms that may be considered midcaps. Stocks are market-cap-weighted, with a consideration on sector balance by comparing the weight of each GICS (Global Industry Classification Standard) sector in the underlying index to its weight in the relevant market capitalization range of the S&P Total Market Index (parent index). The index is rebalanced on a quarterly basis.
Classification
What's in the fund
Exposure type
ETF
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ZUE trades at 80.06 CAD today, its price has risen 0.46% in the past 24 hours. Track more dynamics on ZUE price chart.
ZUE net asset value is 80.14 today — it's risen 12.93% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ZUE assets under management is 3.53 B CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ZUE price has risen by 12.00% over the last month, and its yearly performance shows a 8.47% increase. See more dynamics on ZUE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 12.93% over the last month, showed a −4.57% decrease in three-month performance and has increased by 9.94% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 12.93% over the last month, showed a −4.57% decrease in three-month performance and has increased by 9.94% in a year.
ZUE fund flows account for 730.22 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ZUE invests in funds. See more details in our Analysis section.
ZUE expense ratio is 0.09%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ZUE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ZUE technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ZUE shows the strong buy signal. See more of ZUE technicals for a more comprehensive analysis.
Today, ZUE technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ZUE shows the strong buy signal. See more of ZUE technicals for a more comprehensive analysis.
Yes, ZUE pays dividends to its holders with the dividend yield of 1.01%.
ZUE trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ZUE shares are issued by Bank of Montreal
ZUE follows the S&P 500. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 29, 2009.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.