JHMF

John Hancock Multifactor Financials ETF

The John Hancock Multifactor Financials ETF tracks an index of US financial stocks, weighted for exposure to 4 factors: small size, low relative price, high profitability and high momentum.


Rules-Based, Semi-Diverse

MANAGEMENT MATRIX

IYF

CLOSEST COMP

FACTOR SCORECARD

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Fund Basics
Fund sponsorJohn Hancock
CategoryUS Equities
Asset classEquity
Websitelink...
Inception dateSep 28, 2015
Assets (mns)$42
Expense ratio40 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-End Investment Company
DistributionsSemi-Annually
Taxation1099
Stock selectionMarket Cap
WeightingMulti-Factor
Holdings TransparencyFull
Derivatives-basedNo
Options availableNo
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings
JPMORGAN CHASE & CO 4.1 %
BERKSHIRE HATHAWAY INC-CL B 3.9 %
VISA INC-CLASS A SHARES 3.4 %
BANK OF AMERICA CORP 3.0 %
MASTERCARD INC-CLASS A 2.9 %
PAYPAL HOLDINGS INC 2.4 %
WELLS FARGO & CO 2.2 %
CITIGROUP INC 2.0 %
GOLDMAN SACHS GROUP INC 1.8 %
TRAVELERS COS INC/THE 1.8 %
Constituent Breakdown
Number of holdings137
Herfindahl-Hirschman Index 143
Wgt avg mkt cap (mns)$137,353
Large cap (>$10bn)91.6%
Mid cap ($2-10bn)8.4%
Small cap (<$2bn)0.0%
Developed mkts.100.0%
Emerging mkts.0.0%
Country Exposure
UNITED STATES 94.8 %
BRITAIN 2.3 %
BERMUDA 1.5 %
SWITZERLAND 1.1 %
Historical Performance


Standardized Annual Returns (as of 09/30/2021)
YTD1 YR2 YR3 YR5 YR10 YRIncep.
24.5% 52.7% 17.8% 13.4% 16.2% -- 14.6%
Market Correlations
versus...BetaR-squared
S&P 5001.2284%
MSCI EAFE1.2584%
MSCI Emg Mkts0.9562%
Liquidity Measures
Avg. volume (000)1
Turnover0.1%
Avg. Bid/Ask (% of price)0.17%
ADV of underlying (mns)$45,406
Technical Indicators
Recent close$54.76
30d moving avg.$52.41
Annualized volatility25.0%
Relative strength (RSI)60
Short interest (ETF)0.2%
Short interest (underlying)1.8%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

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Results & Estimates
  2016 2017 2018 2019 2020 2021E 2022E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
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Book value per share -- -- -- -- -- -- --
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Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

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Valuation Metrics
  2020 2021E Fwd Est 2022E
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 --%
2.8 14.8 1.7 1.8% --
Based on closing prices from 10/21/2021
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
JHMF



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™

JHMF

6.3%

Cat. Avg

4.7%

Fund Category: US Equities

Avg. Return on Equity--%
Divided by: Fwd. P/BV--x
Less: Expenses-- bp
Equals: ALTAR Score™6.3%
Recommendation

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

Category Overview
There are 800 funds in the US Equities category, with an average ALTAR Score™ of 4.7% and a standard deviation of 4.6%. JHMF's ALTAR Score™ is approximately 0.3 standard deviations above the category average. This places JHMF in the 63rd percentile among funds in the category.
Consensus Recommendation

Sell-side recommendations on the ETF's individual constituents

Composite
JHMF
Peer Average
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)
JHMF 40.0 17.1 57.1
Peer Avg. 24.6 4.8 29.4
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .
Fundamental data for individual fund constituents sourced from FactSet Research Systems.