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  5. ZWU: I target Utilities holdings at 8-10%. [BMO Covered Call Utilities ETF]
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Q: I target Utilities holdings at 8-10%. Is there enough difference to hold both ZWU and UMAX as my only Utilities holdings?

Thank You
Asked by William on May 13, 2025
5i Research Answer:

The two ETFs will have some correlation but are diversified enough that we would not see the need for other holdings. 

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in ZWU.