The Globe and Mail reports in its Saturday edition that analysts are especially fond of TD Bank, which has 11 buy recommendations, followed by Bank of Montreal with 10 and Royal Bank of Canada with eight. The Globe's John Heinzl writes that CIBC and Bank of Nova Scotia are well down the list, with two and one, respectively. If your primary consideration is dividend yield, the two laggards may still be worth a look. CIBC and Scotiabank both yield in the neighbourhood of 6.5 per cent, befitting their higher risk profiles. Mr. Heinzl notes there is a school of thought that buying the least loved banks is the way to go, as they presumably have a greater chance of rebounding. However, there is an argument for accepting a lower yield in exchange for owning one of the higher-quality banks. He cautions, however, against predicting how individual bank stocks will perform. Rather than putting your money on a single horse, you might be better off spreading your bets around by buying an exchange-traded fund that provides broad exposure to the sector. The BMO Equal Weight Banks Index ETF (ZEB) owns all of the major banks in roughly equal proportions and charges a reasonable management-expense ratio of 0.28 per cent.