RE: RE: What am I seeing?I didn't watch this for long enough before I bought it. My thinking was that an etf writing calls would outperform in a sideways to down market for the banks, thus I bought. But if you compare ZEB with ZWB on perfcharts, the two have followed each other in lock-step. It looks to me like ZWB is being managed to follow, most likely by BMO, though of course I don't know.
So, I'm out for now, while the seasonality for the banks is poor. I think ZWB will be a great tool in a rising market, since the managed relationship will protect investors from the risk of being called on the options. I don't see any reason to ever own ZEB.
GLTA Billfox