John Hancock Multifactor Mid Cap ETFJohn Hancock Multifactor Mid Cap ETFJohn Hancock Multifactor Mid Cap ETF

John Hancock Multifactor Mid Cap ETF

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪4.32 B‬USD
Fund flows (1Y)
‪643.28 K‬USD
Dividend yield (indicated)
0.95%
Discount/Premium to NAV
0.2%

About John Hancock Multifactor Mid Cap ETF


Issuer
Manulife Financial Corp.
Brand
John Hancock
Expense ratio
0.42%
Inception date
Sep 28, 2015
Index tracked
John Hancock Dimensional Mid Cap Index
Management style
Passive
JHMM is the midcap ETF in a suite of funds from John Hancock and Dimensional Fund Advisors (DFA). The funds DFA index applies multifactor methodology to the US midcap space, defined here as firms ranked 200-950 by market capitalization. (Allocators take heed of the massive overlap with large-cap sibling fund JHML, which covers the top 800 names.) JHMM applies its value and profit factors (P/B and operating profit/book, respectively) on a sector by sector basis, a thoughtful approach that should emphasize lower priced, higher profit names in each sector while reducing bets to any one sector. Smaller firms get an extra bump in weight while low momentum stocks (based on 11-month returns) are de-emphasized relative to their peers. The fund is rebalanced and reconstituted semi-annually with issuers capped at 4% each.

Classification


Asset Class
Equity
Category
Size and style
Focus
Mid cap
Niche
Broad-based
Strategy
Multi-factor
Weighting scheme
Multi-factor
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Technology Services
Stock breakdown by region
100%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.