BMO Equal Ownership
| ZBK Etf | CAD 40.16 0.12 0.30% |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
BMO |
BMO Etf Ownership Analysis
The fund generated returns of 10.0% over the last ten years. BMO Equal Weight has Annual Holdings Turnover of about 51.67% . This fund keeps 99.59% of net assets in stocks. BMO Equal last dividend was 0.13 per share. BMO Equal Weight US Banks Index ETF seeks to replicate, to the extent possible, the performance of a U.S. large capitalization banks index representing U.S. banks included in a U.S. bank sector or subsector industry classification, net of expenses. BMO EQUAL is traded on Toronto Stock Exchange in Canada. For more information please call the company at NA.Top Etf Constituents
| MTB | MT Bank | Stock | |
| JPM | JPMorgan Chase Co | Stock | |
| C | Citigroup | Stock | |
| WFC | Wells Fargo | Stock | |
| PNC | PNC Financial Services | Stock | |
| BAC | Bank of America | Stock | |
| RF | Regions Financial | Stock | |
| KEY | KeyCorp | Stock | |
| EWBC | East West Bancorp | Stock | |
| GS | Goldman Sachs Group | Stock |
Pair Trading with BMO Equal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BMO Equal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BMO Equal will appreciate offsetting losses from the drop in the long position's value.Moving together with BMO Etf
| 0.77 | ZEB | BMO SPTSX Equal | PairCorr |
| 0.75 | XFN | iShares SPTSX Capped | PairCorr |
| 0.66 | HCA | Hamilton Canadian Bank | PairCorr |
| 1.0 | ZUB | BMO Equal Weight | PairCorr |
Moving against BMO Etf
The ability to find closely correlated positions to BMO Equal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BMO Equal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BMO Equal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BMO Equal Weight to buy it.
The correlation of BMO Equal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BMO Equal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BMO Equal Weight moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BMO Equal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in BMO Etf
BMO Equal financial ratios help investors to determine whether BMO Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BMO with respect to the benefits of owning BMO Equal security.