The BMO Dow Jones Industrial Average Hedged to CAD Index ETF (Ticker: TSE:ZWA) is a compelling investment vehicle designed for those looking to gain exposure to the blue-chip segment of the U.S. equity market while safeguarding against currency fluctuations. This ETF meticulously tracks the Dow Jones Industrial Average, a revered index comprising 30 large-cap, industry-leading companies known for their stability and strong market presence. With a strategic focus on size and style, ZWA delivers targeted exposure to large-cap equities, making it an ideal choice for investors seeking a diversified, broad-based investment approach within this niche. By hedging its investments to the Canadian dollar, the fund aims to mitigate the risks associated with currency volatility, providing Canadian investors with a more stable return profile. ZWA is an optimal choice for those who value the historical credibility and market influence of major U.S. corporations, while also appreciating the added security of currency risk management.
For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.