![\"man](\"https:\/\/www.europesays.com\/canada\/wp-content\/uploads\/2026\/05\/d711704409308ca1d6a440beca109607.jpeg\")
man withdraws money from ATM <\/p>\n man withdraws money from ATM <\/p>\n
Written by Demetris Afxentiou<\/a> at The Motley Fool Canada<\/p>\n Canada\u2019s big bank stocks<\/a> are among the best long-term options on the market. There are plenty of reasons for that view. That includes their reputation for consistency in results, strong growth prospects, and juicy income. A way for investors to benefit from the collective potential of all bank stocks is to consider a Canadian bank ETF.<\/p>\n One Canadian bank ETF for investors to consider owning is the BMO Equal Weight Banks Index ETF (TSX:ZEB<\/a>). <\/p>\n What makes ZEB a standout Canadian bank ETF <\/p>\n ZEB offers a simple way to invest in the largest of Canada\u2019s big banks. As the name implies, this Canadian bank ETF uses an equal\u2011weight approach that gives each of the big bank stocks an equal allocation. This helps to avoid overreliance on any single bank stock while ensuring a balanced approach.<\/p>\n This equal-weight approach ensures balanced exposure across all major Canadian banks.<\/p>\n In other words, it\u2019s a great low-maintenance set-and-forget pick. The ETF\u2019s focus is on Canada\u2019s largest and most-established institutions. This makes it easy for investors to gain diversified exposure without having to pick individual winners.<\/p>\n For investors who want a straightforward, low\u2011maintenance way to participate in the strength of Canadian banks, ZEB checks all the boxes.<\/p>\n How ZEB fits into a long\u2011term buy\u2011and\u2011hold strategy <\/p>\n Putting $1,000 into ZEB can serve as a strong foundation for a long\u2011term portfolio. The ETF\u2019s equal\u2011weight structure, combined with the stability of the big banks, makes it well\u2011suited for investors who prefer a more hands\u2011off approach.<\/p>\n For long-term investors, ZEB provides a stable foundation built on Canada\u2019s most reliable financial institutions.<\/p>\n Another key advantage of owning ZEB over individual bank stocks is the fund\u2019s monthly dividend<\/a>. Unlike the big banks that pay out on a quarterly cadence, ZEB provides investors with a monthly dividend.<\/p>\n As of the time of writing, that monthly dividend works out to $0.145 per share. That works out to an annual yield of just over 2.8%. Again, the focus here is on a passive, hands-off way to benefit from the entire banking sector.<\/p>\n Over time, those dividends can be reinvested to compound returns, and the banks\u2019 consistent earnings help support long\u2011term growth.<\/p>\n The bottom line <\/p>\n ZEB stands out as a strong ETF<\/a> candidate for investors looking to get equal-weight exposure to the big bank stocks.<\/p>\n A $1,000 position in the Canadian bank ETF won\u2019t be enough to retire on. It will, however, be enough to form a starting position without needing to contemplate individual bank positions and allocations.<\/p>\n In fact, with those monthly dividends reinvested back into the ETF and additional $1,000 buys over subsequent years, ZEB can become a core asset to any well-diversified portfolio.<\/p>\n Buy it, hold it, and watch your portfolio (and income) grow.<\/p>\n The post A Canadian Bank ETF I\u2019d Buy With $1,000 and Hold Forever<\/a> appeared first on The Motley Fool Canada<\/a>.<\/p>\n Should you invest $1,000 in Bmo Equal Weight Banks Index ETF right now? <\/p>\n Before you buy stock in Bmo Equal Weight Banks Index ETF, consider this:<\/p>\n The Motley Fool Canada team has identified what they believe are the top 10 TSX stocks for 2026\u2026 and Bmo Equal Weight Banks Index ETF wasn\u2019t one of them. The 10 stocks that made the cut could potentially produce monster returns in the coming years.<\/p>\n Consider MercadoLibre, which we first recommended on January 8, 2014 \u2026 if you invested $1,000 in the \u201ceBay of Latin America\u201d at the time of our recommendation, you\u2019d have over $18,000!*<\/p>\n Now, it\u2019s worth noting Stock Advisor Canada\u2019s total average return is 94%* \u2013 a market-crushing outperformance compared to 85%* for the S&P\/TSX Composite Index. Don\u2019t miss out on our top 10 stocks, available when you join our mailing list!<\/p>\n Get the 10 stocks instantly<\/a><\/p>\n * Returns as of April 20th, 2026<\/p>\n More reading<\/p>\n Fool contributor Demetris Afxentiou<\/a> has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy<\/a>.<\/p>\n 2026<\/p>\n","protected":false},"excerpt":{"rendered":"man withdraws money from ATM Written by Demetris Afxentiou at The Motley Fool Canada Canada\u2019s big bank stocks…\n","protected":false},"author":2,"featured_media":33566,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[14978,14974,14977,17,14976,14973,14975],"class_list":["post-33565","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-balanced-approach","tag-bank-stocks","tag-bmo-equal-weight-banks-index-etf","tag-canada","tag-canadian-bank","tag-canadian-bank-etf","tag-zeb"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/33565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=33565"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/33565\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/33566"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=33565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=33565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=33565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}