JHID
John Hancock International High Dividend ETF
JHID is an actively managed fund of high dividend-paying stocks from developed markets outside the US. The fund selects and weights large- and mid-cap companies based on a proprietary systematic approach.
Fund Basics
| Fund sponsor | Manulife |
| Category | International Equities |
| Asset class | Equity |
| Website | link... |
| Inception date | Dec 20, 2022 |
| Assets (mns) | $8 |
| Expense ratio | 46 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Proprietary |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| MITSUBISHI CORP | 2.3 % |
| POSTE ITALIANE SPA | 2.1 % |
| JFE HOLDINGS INC | 2.1 % |
| MIZUHO FINANCIAL GROUP INC | 2.1 % |
| NOVO NORDISK A/S-B | 2.1 % |
| SUMITOMO CORP | 2.1 % |
| MITSUI & CO LTD | 2.1 % |
| BAYERISCHE MOTOREN WERKE AG | 2.1 % |
| TOYOTA TSUSHO CORP | 2.0 % |
| GLAXOSMITHKLINE PLC | 2.0 % |
Constituent Breakdown
| Number of holdings | 85 |
| Herfindahl-Hirschman Index | 161 |
| Wgt avg mkt cap (mns) | $53,760 |
| Large cap (>$10bn) | 79.4% |
| Mid cap ($2-10bn) | 17.5% |
| Small cap (<$2bn) | 3.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
JAPAN | 27.0 % |
 |
GERMANY | 10.6 % |
 |
BRITAIN | 8.5 % |
 |
HONG KONG | 5.7 % |
 |
ITALY | 5.6 % |
 |
FRANCE | 5.5 % |
 |
CANADA | 5.5 % |
 |
SPAIN | 5.2 % |
 |
SINGAPORE | 4.6 % |
 |
NETHERLANDS | 4.4 % |
Historical Performance
Standardized Annual Returns (as of 03/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
|---|---|---|---|---|---|---|
| 0.8% | -- | -- | -- | -- | -- | 10.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 0 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.27% |
| ADV of underlying (mns) | $8,106 |
Technical Indicators
| Recent close | $29.19 |
| 30d moving avg. | $26.89 |
| Annualized volatility | 0.0% |
| Relative strength (RSI) | 68 |
| Short interest (ETF) | 0.1% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. JHID |
Expenses vs. JHID |
ALTAR Score™ vs. JHID |
|---|---|---|---|---|
| LVHI | Franklin International Low Volatility High Dividend Index ET | 25.1% | -6 bp | -1.3% |
| IVLU | iShares MSCI Intl Value Factor ETF | 23.3% | -16 bp | -0.8% |
| FIVA | Fidelity International Value Factor ETF | 22.9% | -28 bp | -2.2% |
| CID | VictoryShares International High Div Volatility Wtd ETF | 22.4% | -1 bp | -2.0% |
| DMDV | AAM S&P Developed Markets High Dividend Value ETF | 21.5% | -7 bp | +1.2% |
| DOL | WisdomTree International LargeCap Dividend Fund | 20.8% | +2 bp | -3.7% |
| FIDI | Fidelity International High Dividend ETF | 20.6% | -28 bp | -1.3% |
| UIVM | VictoryShares International Value Momentum ETF | 20.0% | -11 bp | -0.8% |
| IDOG | ALPS International Sector Dividend Dogs ETF | 19.7% | +4 bp | +0.1% |
| RFDI | First Trust Riverfront Dynamic Developed International ETF | 19.6% | +37 bp | -2.5% |
Risk and Returns: JHID vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 4/25/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
JHID
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
JHID
11.5%
Cat. Avg
7.2%
Fund Category: International Equities
| Avg. Return on Equity | --% |
| Divided by: Fwd. P/BV | --x |
| Less: Expenses | -- bp |
| Equals: ALTAR Score™ | 11.5% |
Recommendation
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
Category Overview
There are 257 funds in the International Equities category, with an average ALTAR Score™
of 7.2% and a standard deviation of
2.5%. JHID's ALTAR Score™ is approximately
1.7 standard deviations
above
the category average. This places JHID in the 96th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
JHID
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
| Latest price | |
| Change | |
| Volume | |
| Bid/Ask Spread | |
| Update |
Today's Trading
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Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| JHID | 46.0 | 27.3 | 73.3 |
| Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .