ZWB vs. CBNK ETF Comparison

Comparison of BMO Covered Call Canadian Banks ETF (ZWB) to Mulvihill Enhanced Yield Canadian Bank ETF (CBNK)

ZWB

BMO Covered Call Canadian Banks ETF

ZWB Description

BMO Covered Call Canadian Banks ETF seeks to provide exposure to the performance of a portfolio of Canadian banks to generate income and to provide long-term capital appreciation while mitigating downside risk through the use of covered call options.

Grade (RS Rating)

Last Trade

$19.83

Average Daily Volume

128,459

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CBNK

Mulvihill Enhanced Yield Canadian Bank ETF

CBNK Description

Mulvihill Enhanced Yield Canadian Bank ETF invests in the common shares of the "Big Six" Canadian Banks while adding modest 25% leverage and option writing strategies to further enhance the underlying portfolio dividend yields. CBNK targets a 7% annual yield, over 2x the current yield of the S&P/TSX Diversified Banks Index, making it the highest yielding Canadian Bank ETF. Mulvihill Capital Management Inc. has a 25+ year track record managing a similar strategy.

Grade (RS Rating)

Last Trade

$8.44

Average Daily Volume

17,044

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ZWB	CBNK
30 Days	2.19%	2.80%
60 Days	3.50%	5.24%
90 Days	8.78%	14.67%
12 Months	19.79%	30.77%

4 Overlapping Holdings

Symbol	Grade	Weight in ZWB	Weight in CBNK	Overlap
BMO	A	12.04%	14.34%	12.04%
BNS	A	12.15%	13.19%	12.15%
CM	A	11.93%	18.03%	11.93%
NA	A	12.0%	17.33%	12.0%

ZWB Overweight 0 Positions Relative to CBNK

	Symbol	Grade	Weight

ZWB Underweight 0 Positions Relative to CBNK

	Symbol	Grade	Weight

ZWB: Top Represented Industries & Keywords

Industries: Banks - Global

CBNK: Top Represented Industries & Keywords

Industries: Banks - Global