March 3, 2021, 7:00 a.m. EST

This Bank ETF Could Be a Great Choice Right Now

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    BMO S&P/TSX Equal Weight Banks Index ETF (ZEB)
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Mar 03, 2021 (Baystreet.ca via COMTEX) -- Many value investors may be looking for a passive option to invest in this sector in a diversified way. One such exchange traded fund (ETF) I think provides excellent coverage and diversification in this sector is the BMO Equal Weight Banks Index ETF /zigman2/quotes/207425460/delayed CA:ZEB -0.46% .

I think these trends are likely to continue, and I see the pandemic-related worries many investors had last year as being short term in nature.

I also like the fact that this ETF is equal-weighted, providing more exposure to investors to the higher growth (but higher volatility) smaller banks in addition to the big names so many investors may already own such as Royal Bank of Canada /zigman2/quotes/200638870/delayed CA:RY -1.15% /zigman2/quotes/206088494/composite RY -1.17% or Toronto-Dominion Bank /zigman2/quotes/209283160/delayed CA:TD +0.13% /zigman2/quotes/202133558/composite TD +0.07% .

Invest wisely, my friends.

COMTEX_382055951/2559/2021-03-03T07:00:10

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

/zigman2/quotes/207425460/delayed
CA : Canada: Toronto
$ 41.23
-0.19 -0.46%
Volume: 1.07M
Jan. 20, 2022 3:59p
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/zigman2/quotes/200638870/delayed
CA : Canada: Toronto
$ 145.31
-1.69 -1.15%
Volume: 5.71M
Jan. 20, 2022 4:19p
P/E Ratio
13.14
Dividend Yield
3.30%
Market Cap
$209.43 billion
Rev. per Employee
$651,034
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/zigman2/quotes/206088494/composite
US : U.S.: NYSE
$ 116.10
-1.38 -1.17%
Volume: 2.07M
Jan. 20, 2022 4:00p
P/E Ratio
13.19
Dividend Yield
3.22%
Market Cap
$167.34 billion
Rev. per Employee
$517,594
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/zigman2/quotes/209283160/delayed
CA : Canada: Toronto
$ 101.76
+0.13 +0.13%
Volume: 4.50M
Jan. 20, 2022 4:37p
P/E Ratio
13.18
Dividend Yield
3.50%
Market Cap
$184.83 billion
Rev. per Employee
N/A
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/zigman2/quotes/202133558/composite
US : U.S.: NYSE
$ 81.31
+0.06 +0.07%
Volume: 1.66M
Jan. 20, 2022 4:00p
P/E Ratio
13.24
Dividend Yield
3.18%
Market Cap
$147.69 billion
Rev. per Employee
N/A
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