ZWK.TO BMO Covered Call US Banks ETF
The fund applies a covered call option (or buy-write) strategy on the banking segment of the U.S. financial sector. The fund holds underlying stock positions on banking firms and writes call options out of the money. Call options, which are either exchange-traded or over-the-counter, are selected based on the option's implied volatility. The funds strategy enables investors to earn call option premiums and have tax-efficient distributions. The option premium provides investors with limited downside protection. The funds underlying portfolio is rebalanced and reconstituted on a semi-annual basis, and options are rolled forward upon expiry.
Performance
| 1M | 3M | YTD | 1Y | 3Y ann. | 5Y ann. | |
|---|---|---|---|---|---|---|
| ZWK.TO | +4.3% | -7.5% | +4.7% | +10.3% | +18.4% | -3.7% |
| Equity average (793 funds) | +0.2% | -0.5% | +8.4% | +10.1% | +12.0% | +5.7% |
Insider activity in the holdings
Open-market insider buying across this fund’s holdings over 90 days, weighted by holding weight: +$180K net.
Holdings · as of Nov 13, 2026
| # | Holding | Weight |
|---|---|---|
| 1 | TFC Truist Financial Corporation | 6.90% |
| 2 | WFC Wells Fargo & Company | 6.81% |
| 3 | KEY KeyCorp | 6.79% |
| 4 | FITB Fifth Third Bancorp | 6.70% |
| 5 | USB U.S. Bancorp | 6.68% |
| 6 | RF Regions Financial Corporation | 6.65% |
| 7 | PNC The PNC Financial Services Group, Inc. | 6.63% |
| 8 | HBAN Huntington Bancshares Incorporated | 6.61% |
| 9 | JPM JPMorgan Chase & Co. | 6.59% |
| 10 | GS The Goldman Sachs Group, Inc. | 6.54% |
| 11 | CFG Citizens Financial Group, Inc. | 6.51% |
| 12 | MS Morgan Stanley | 6.44% |
| 13 | MTB M&T Bank Corporation | 6.43% |
| 14 | C Citigroup Inc. | 6.09% |
| 15 | BAC Bank of America Corporation | 5.91% |
| 16 | ZBK.TO BMO Equal Weight US Banks Index ETF | 1.41% |
| 17 | ZWK.TO Cash | 0.30% |
Sector breakdown
Country breakdown
Distributions
| Date | Per unit |
|---|---|
| Oct 29, 2026 | C$0.1600 |
| Sep 29, 2026 | C$0.1600 |
| Aug 28, 2026 | C$0.1600 |
| Jul 30, 2026 | C$0.1600 |
| Jun 29, 2026 | C$0.1450 |
| May 28, 2026 | C$0.1450 |
| Apr 29, 2026 | C$0.1450 |
| Mar 30, 2026 | C$0.1450 |
| Feb 26, 2026 | C$0.1450 |
| Jan 29, 2026 | C$0.1450 |
| Dec 30, 2025 | C$0.1450 |
| Nov 26, 2025 | C$0.1450 |
| Oct 30, 2025 | C$0.1450 |
| Sep 29, 2025 | C$0.1450 |
| Aug 28, 2025 | C$0.1450 |
| Jul 30, 2025 | C$0.1450 |
| Jun 27, 2025 | C$0.1450 |
| May 29, 2025 | C$0.1450 |
| Apr 29, 2025 | C$0.1450 |
| Mar 28, 2025 | C$0.1450 |
| Feb 27, 2025 | C$0.1450 |
| Jan 30, 2025 | C$0.1450 |
| Dec 30, 2024 | C$0.1450 |
| Nov 27, 2024 | C$0.1450 |
| Oct 30, 2024 | C$0.1450 |
| Sep 27, 2024 | C$0.1450 |
| Aug 29, 2024 | C$0.1450 |
| Jul 30, 2024 | C$0.1450 |
| Jun 27, 2024 | C$0.1450 |
| May 30, 2024 | C$0.1450 |
| Apr 26, 2024 | C$0.1450 |
| Mar 27, 2024 | C$0.1450 |
| Feb 27, 2024 | C$0.1450 |
| Jan 29, 2024 | C$0.1450 |
| Dec 27, 2023 | C$0.1450 |
| Nov 28, 2023 | C$0.1450 |
| Oct 27, 2023 | C$0.1600 |
| Sep 27, 2023 | C$0.1600 |
| Aug 29, 2023 | C$0.1700 |
| Jul 27, 2023 | C$0.1700 |
Members of Congress who disclosed this ETF
No member of Congress has disclosed a trade in ZWK.TO in the filings we hold.
Fund facts, prices, performance and distributions: our market-data vendor. Holdings: the vendor and SEC Form N-PORT. Insider and Congress data: InsiderBuying. Last updated Nov 13, 2026. This is historical data, not investment advice. Report a data error
