ZWS is the BMO US High Dividend Covered Call Hedged to CAD ETF, one of 33 BMO funds in Covered Call Directory. It is listed on the TSX, trades in Canadian dollars and pays distributions monthly. It launched in March 2018 and has a management expense ratio (MER) of 0.71%.
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Fund Information
BMO Covered Call Options Strategy
BMO's covered call funds write out-of-the-money calls on about 30% to 50% of each portfolio, using options that expire in one to two months. When markets get choppier, strikes are set further out-of-the-money, since higher volatility brings bigger premiums. Income comes from both dividends and option premiums, paid monthly, with no leverage. Some funds are hedged and others are unhedged.
Recent Distributions
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2026 Broad Equity Ranking
ZWS ranks #23 of 35 Broad Equity covered call ETFs by total return so far in 2026.
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All 33 BMO FundsLive figures update through the trading day and can be delayed. Not investment advice — check the provider's documents before investing.