John Hancock Multifactor Etf Profile
| JHMD Etf | USD 32.89 0.10 0.30% |
Performance5 of 100
| Odds Of DistressLess than 9
|
John Hancock is trading at 32.89 as of the 19th of April 2024, a -0.3 percent decrease since the beginning of the trading day. The etf's lowest day price was 32.88. John Hancock has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for John Hancock Multifactor are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of February 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in securities included in the funds index, in depositary receipts representing securities included in the funds index and in underlying stocks in respect of depositary receipts included in the funds index. More on John Hancock Multifactor
Moving together with John Etf
| 0.97 | VEA | Vanguard FTSE Developed Sell-off Trend | PairCorr |
| 0.99 | IEFA | iShares Core MSCI | PairCorr |
| 0.99 | VEU | Vanguard FTSE All | PairCorr |
| 0.99 | EFA | iShares MSCI EAFE | PairCorr |
| 0.96 | IXUS | iShares Core MSCI | PairCorr |
| 0.99 | SPDW | SPDR SP World Sell-off Trend | PairCorr |
| 0.97 | IDEV | iShares Core MSCI | PairCorr |
John Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. John Hancock's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding John Hancock or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, Foreign Large Blend, John Hancock (View all Sectors) |
| Issuer | John Hancock |
| Inception Date | 2016-12-15 |
| Benchmark | John Hancock Dimensional Developed International Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 691.85 Million |
| Average Trading Valume | 69,904.2 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | Global ex-U.S. |
| Administrator | John Hancock Investment Management LLC |
| Advisor | John Hancock Advisers, LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Joel Schneider, Lukas Smart |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Sep |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 675 |
| Market Maker | Susquehanna |
| Total Expense | 0.43 |
| Management Fee | 0.35 |
| Country Name | USA |
| Returns Y T D | 0.87 |
| Name | John Hancock Multifactor Developed International ETF |
| Currency Code | USD |
| Open Figi | BBG00FJ5J860 |
| In Threey Volatility | 16.66 |
| 1y Volatility | 14.81 |
| 200 Day M A | 31.6161 |
| 50 Day M A | 33.5481 |
| Code | JHMD |
| Updated At | 19th of April 2024 |
| Currency Name | US Dollar |
John Hancock Multifactor [JHMD] is traded in USA and was established 2016-12-15. The fund is listed under Foreign Large Blend category and is part of John Hancock family. The entity is thematically classified as Strategy ETFs. John Hancock Multifactor currently have 387.52 M in assets under management (AUM). , while the total return for the last 3 years was 2.1%.
Check John Hancock Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on John Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding John Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as John Hancock Multifactor Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
John Hancock Multifactor Currency Exposure
John Hancock Multifactor holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of John Hancock will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in John Hancock Multifactor.
Top John Hancock Multifactor Etf Constituents
| ASML | ASML Holding NV | Stock | Information Technology |
| CFRHF | Compagnie Financire Richemont | Pink Sheet | Luxury Goods |
| NOVN | Novan Inc | Stock | Health Care |
| NPPXF | Nippon Telegraph Telephone | Pink Sheet | Telecom Services |
| NSRGF | Nestle SA | Pink Sheet | Packaged Foods |
| NVSEF | Novartis AG | Pink Sheet | Drug Manufacturers—General |
| RHHVF | Roche Holding AG | OTC Stock | Drug Manufacturers—General |
John Hancock Target Price Odds Analysis
What are John Hancock's target price odds to finish over the current price? Based on a normal probability distribution, the odds of John Hancock jumping above the current price in 90 days from now is about 65.2%. The John Hancock Multifactor probability density function shows the probability of John Hancock etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days John Hancock has a beta of 0.8371. This indicates as returns on the market go up, John Hancock average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding John Hancock Multifactor will be expected to be much smaller as well. Additionally, john Hancock Multifactor has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of John Hancock to move above the current price in 90 days from now is about 65.2 (This John Hancock Multifactor probability density function shows the probability of John Etf to fall within a particular range of prices over 90 days) .
John Hancock Multifactor Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. John Hancock market risk premium is the additional return an investor will receive from holding John Hancock long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in John Hancock. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although John Hancock's alpha and beta are two of the key measurements used to evaluate John Hancock's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0409 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.03) |
John Hancock Against Markets
Picking the right benchmark for John Hancock etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in John Hancock etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for John Hancock is critical whether you are bullish or bearish towards John Hancock Multifactor at a given time. Please also check how John Hancock's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in John Hancock without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy John Etf?
Before investing in John Hancock, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in John Hancock. To buy John Hancock etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of John Hancock. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase John Hancock etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located John Hancock Multifactor etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased John Hancock Multifactor etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as John Hancock Multifactor, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy John Etf please use our How to Invest in John Hancock guide.
Already Invested in John Hancock Multifactor?
The danger of trading John Hancock Multifactor is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of John Hancock is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than John Hancock. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile John Hancock Multifactor is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether John Hancock Multifactor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of John Hancock's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of John Hancock Multifactor Etf. Outlined below are crucial reports that will aid in making a well-informed decision on John Hancock Multifactor Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John Hancock Multifactor. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of John Hancock Multifactor is measured differently than its book value, which is the value of John that is recorded on the company's balance sheet. Investors also form their own opinion of John Hancock's value that differs from its market value or its book value, called intrinsic value, which is John Hancock's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because John Hancock's market value can be influenced by many factors that don't directly affect John Hancock's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between John Hancock's value and its price as these two are different measures arrived at by different means. Investors typically determine if John Hancock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, John Hancock's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.