This Week in ETFs: From February 17-21

New Sector Report: The Broadening Out’ Theme Is in Motion

Feb. 19, 2025

NEW: What Are CDRs? | Listen to Podcast

ETF FOCUS OF THE WEEK

  • The Broadening Out’ Theme Is in Motion: Heading into 2025, many investors anticipated a broadening out of momentum away from the Magnificent 7’ stocks — and to an extent, we’ve seen this theme play out so far, with Technology and Discretionary underperforming relative to other sectors. What’s next? In our latest Sector Report, ETF Strategist Bipan Rai provides his insights on potential headwinds for Communications and shares the three sectors to keep an eye on this month. Read Report

YOU’RE INVITED HARNESS THE POWER OF SECTOR ETFs

Join Us in a City Near You: In these unique 1-hour lunch-time sessions, BMO Exchange Traded Funds and State Street Global Advisors (SSGA) come together to provide economic and industry insights for today’s politically charged markets, combined with a practical approach to implementing strategic asset allocation strategies via BMO SPDR Select Sector Index ETFs. 

Learn how Advisors and Portfolio Managers can use Sector ETFs to target opportunities in economic cycles and add strategic asset allocation to move tactically in today’s dynamic markets. Our first stop? Vancouver on March 4. Register

READ OUR BEST TRADE IDEAS

  • Sector Investing Just Got Easier: Canadian investors can now access all 11 Global Industry Classification Standard System (GICS) sectors with our new BMO SPDR Select Sector Index ETFs.
  • 6 BMO ETFs Yielding 6% or More: BMO ETFs, a provider you can trust to help you access yield and growth.1 Read
  • Volatility and Derivatives Insights: See our latest Covered Call and Enhanced Income Report. Read

ACCESS OUR PORTFOLIO MANAGERS

  • 4:10 PM Pulse: Join our Advisor-only conference call every other Wednesday at 4:10 PM ET to hear our Portfolio Managers as they share fund updates and actionable insights in real time. Add to Calendar

Date

Topic

Host

Wednesday, February 26

The next generation of Target Maturity ETFs 

Matt Montemurro, Managing Director and Head of Fixed Income & Equity Index ETFs, Exchange Traded Funds

Subscribe to BMO ETFs: Views from the Desk on your preferred podcast platform:


iTunes.png

Spotify.png#asset:3958

1Annualized Distribution Yield as of January 31, 2025. This yield is calculated by taking the most recent regular distribution, or expected distribution, (excluding additional year end distributions) annualized for frequency, divided by current NAV. The yield calculation does not include reinvested distributions. Source: BMO Global Asset Management.

FOR FINANCIAL ADVISOR USE ONLY.

No portion of this communication may be reproduced or distributed to clients.

This communication is for information purposes. The information contained herein is not, and should not be construed as, investment, tax or legal advice to any party. Particular investments and/​or trading strategies should be evaluated relative to the individual’s investment objectives and professional advice should be obtained with respect to any circumstance.

The viewpoints expressed by the authors represents their assessment of the markets at the time of publication. Those views are subject to change without notice at any time without any kind of notice. The information provided herein does not constitute a solicitation of an offer to buy, or an offer to sell securities nor should the information be relied upon as investment advice. This communication is intended for informational purposes only.

Any statement that necessarily depends on future events may be a forward-looking statement. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Although such statements are based on assumptions that are believed to be reasonable, there can be no assurance that actual results will not differ materially from expectations. Investors are cautioned not to rely unduly on any forward-looking statements. In connection with any forward-looking statements, investors should carefully consider the areas of risk described in the most recent simplified prospectus.

Past Performance is not indicative of future results.

The Select Sector SPDR Trust consists of eleven separate investment portfolios (each a Select Sector SPDR ETF” or an ETF” and collectively the Select Sector SPDR ETFs” or the ETFs”). Each Select Sector SPDR ETF is an index fund” that invests in a particular sector or group of industries represented by a specified Select Sector Index. The companies included in each Select Sector Index are selected on the basis of general industry classification from a universe of companies defined by the S&P 500®. The investment objective of each ETF is to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in a particular sector or group of industries, as represented by a specified market sector index.

The S&P 500, SPDRs, and Select Sector SPDRs are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use. The stocks included in each Select Sector Index were selected by the compilation agent. Their composition and weighting can be expected to differ to that in any similar indexes that are published by S&P.

The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. 

The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing.

You cannot invest directly in an index.

Commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the ETF Facts or simplified prospectus of the BMO ETFs before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all dividends or distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. Exchange traded funds are not guaranteed, their values change frequently and past performance may not be repeated. 

For a summary of the risks of an investment in the BMO ETFs, please see the specific risks set out in the BMO ETF’s simplified prospectus. BMO ETFs trade like stocks, fluctuate in market value and may trade at a discount to their net asset value, which may increase the risk of loss. Distributions are not guaranteed and are subject to change and/​or elimination.

BMO ETFs are managed by BMO Asset Management Inc., which is an investment fund manager and a portfolio manager, and a separate legal entity from Bank of Montreal.

BMO Global Asset Management is a brand name that comprises BMO Asset Management Inc. and BMO Investments Inc. 

BMO (M-bar roundel symbol)” is a registered trademark of Bank of Montreal, used under licence.