The BMO Equal Weight Banks Index ETF (ZEB) is an excellent choice for investors looking to tap into Canada’s largest banks. As of December 8th, 2022, ZEB’s holdings are allocated equally among the “Big Six” Canadian banks:
Horizons Equal Weight Canada Banks Index ETF (HEWB) is another option for investors looking to focus on Canada’s major banks. Launched in 2019, HEWB holds the following allocations among the Big Six:
The BMO Covered Call Canadian Banks ETF (ZWB) not only invests in the top six Canadian banks but also employs a covered call options strategy to enhance yield and lower volatility. As of this writing, ZWB’s holdings include:
The iShares S&P/TSX Capped Financials Index ETF (XFN) provides exposure to a broader range of Canadian financial companies, including banks and insurance firms. As of December 8th, 2022, XFN’s top holdings include:
Hamilton Enhanced Canadian Bank ETF (HCAL) holds all six major Canadian banks, offering exposure with different allocations. As of December 8th, 2022, HCAL’s allocations are as follows:
The iShares Equal Weight Banc & Lifeco ETF (CEW) provides a diversified portfolio of bank and life insurance stocks. As of December 8th, 2022, CEW’s holdings include:
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