JHMD
John Hancock Multifactor Developed International ETF
The John Hancock Multifactor Developed International ETF tracks an index of developed ex-North America stocks covering 85% of market cap and weighted by multiple factors.
International
EQUITY
Rules-Based
MANAGEMENT STYLE
700.5 M
ASSETS UNDER MGMT
39 bp
EXPENSES
Fund Basics
| Fund sponsor | John Hancock |
| Category | International |
| Asset class | Equity |
| Website | link... |
| Inception date | Dec 15, 2016 |
| Assets (mns) | $701 |
| Expense ratio | 39 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Semi-Annually |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Multi-Factor |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| NOVO NORDISK A/S-B | 1.7 % |
| TOTAL SA | 1.4 % |
| TOYOTA MOTOR CORP | 1.3 % |
| ASML HOLDING NV | 1.3 % |
| SHELL PLC | 1.2 % |
| WOLTERS KLUWER | 1.1 % |
| NESTLE SA-REG | 1.0 % |
| ROCHE HOLDING AG-BR | 1.0 % |
| NOVARTIS AG | 0.9 % |
| VINCI SA | 0.8 % |
Constituent Breakdown
| Number of holdings | 643 |
| Herfindahl-Hirschman Index | 39 |
| Wgt avg mkt cap (mns) | $75,012 |
| Large cap (>$10bn) | 86.4% |
| Mid cap ($2-10bn) | 12.4% |
| Small cap (<$2bn) | 0.1% |
| Developed mkts. | 99.7% |
| Emerging mkts. | 0.1% |
Country Exposure
 |
JAPAN | 23.9 % |
 |
BRITAIN | 15.1 % |
 |
FRANCE | 10.3 % |
 |
SWITZERLAND | 10.0 % |
 |
GERMANY | 7.7 % |
 |
AUSTRALIA | 6.7 % |
 |
NETHERLANDS | 4.6 % |
 |
SPAIN | 3.3 % |
 |
DENMARK | 2.9 % |
 |
SWEDEN | 2.7 % |
Historical Performance
Standardized Performance (as of 09/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 6.5% | 17.3% | 22.6% | 3.9% | 7.2% | -- | 6.9% | Volatility | 11.5% | 12.3% | 16.2% | 16.3% | 19.7% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.86 | 76% |
| MSCI EAFE | 1.00 | 99% |
| MSCI Emg Mkts | 0.85 | 70% |
Liquidity Measures
| Avg. volume (000) | 34 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.20% |
| ADV of underlying (mns) | $62,118 |
Technical Indicators
| Recent close | $33.68 |
| 30d moving avg. | $34.86 |
| Annualized volatility | 17.7% |
| Relative strength (RSI) | 53 |
| Short interest (ETF) | 0.2% |
| 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. JHMD |
Expenses vs. JHMD |
ALTAR Score™ vs. JHMD |
|---|---|---|---|---|
| GSID | Goldman Sachs MarketBeta International Equity ETF | 69.9% | -19 bp | -0.9% |
| DBEF | Xtrackers MSCI EAFE Hedged Equity ETF | 69.0% | -3 bp | -1.4% |
| HFXI | IQ FTSE International Equity Currency Neutral ETF | 68.5% | -19 bp | -0.8% |
| BKIE | BNY Mellon International Equity ETF | 66.9% | -35 bp | -0.7% |
| EFA | iShares MSCI EAFE ETF | 65.8% | -4 bp | -0.6% |
| IEFA | iShares Core MSCI EAFE ETF | 62.0% | -32 bp | -0.4% |
| EFAX | SPDR MSCI EAFE Fossil Fuel Free ETF | 61.0% | -19 bp | -1.0% |
| GSIE | Goldman Sachs ActiveBeta International Equity ETF | 59.8% | -14 bp | -0.6% |
| IDEV | iShares Core MSCI International Developed Markets ETF | 58.2% | -35 bp | -0.4% |
| QEFA | SPDR MSCI EAFE StrategicFactors ETF | 57.9% | -9 bp | -0.3% |
Risk and Returns: JHMD 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 10/23/2024
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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
JHMD
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 Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
JHMD
7.9%
Cat. Avg
7.5%
ALTAR Score™ Calculation
Category Overview
There are 257 funds in the International Equity category, with an average ALTAR Score™
of 7.5% and a standard deviation of
2.6%. JHMD's ALTAR Score™ is approximately
0.2 standard deviations
above
the category average. This places JHMD in the 57th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
JHMDSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based International Equity ETFs |
| # of ETFs | 152 |
| Avg. Expense Ratio | 42.9 bp |
| Std. Deviation | 24.3 bp |
| JHMD (39 bp) Percentile rank | 44 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| JHMD | 39.0 | 20.4 | 59.4 |
| Peer Avg. | 35.7 | 19.0 | 54.7 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .