Q: I own ZWA.TO and it has drastically underperformed anything close to the benchmark dow. IYY, a Dow proxy listed in USD, is up 34% in past year while ZWA is up less than 10% on a price basis. Being a covered call ETF, yielding less than 6%, does not explain this huge %-point performance difference. Nor the fact that it is CAD-hedged. How can it be so poorly managed? What is going on with these BMO etfs? Can you recommend a broad CAD denominated global equity covered call ETF so I can replace ZWA?

Q: Hello 5i,
You recently mentioned HIND-T in a response.
On the surface, this would be ideal for my needs: increase U.S., increase Industrial, and increase dividend yield/income.
Conversely, it is very small (~23 m AUM?), trades very thinly, and is very, very new.
Given the above, how would you rate this equity as an investment for a retiree?
Any other caveats you would care to add?
Any similar, but better, alternatives that you would prefer?
Many thanks for your insights!
Cheers,
Mike

Q: Besides ZWA & ZDJ are there any other Canadian ETFs that invest in the Dow Jones Index. Thanks … Cal