John Hancock High Yield ETFJohn Hancock High Yield ETFJohn Hancock High Yield ETF

John Hancock High Yield ETF

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪50.85 M‬USD
Fund flows (1Y)
‪19.46 M‬USD
Dividend yield (indicated)
7.77%
Discount/Premium to NAV
0.1%
Shares outstanding
‪1.95 M‬
Expense ratio
0.52%

About John Hancock High Yield ETF


Brand
John Hancock
Inception date
May 1, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
John Hancock Investment Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US47804J7191
JHHY focuses on investing in US-dollar high-yield corporate bonds. The fund's selection process considers credit ratings at the time of acquisition and employs fundamental and relative value analysis to steer sector allocation and manage interest-rate risks. Maintaining a diverse portfolio with over 400 positions, JHHY may leverage derivative transactions like credit default swaps and foreign currency swaps for effective risk management, market exposure optimization, and potential return enhancement. While JHHY does not seek to replicate a specific index, it strives to mirror characteristics comparable to the US high-yield corporate bond market. The fund's primary objective is maximizing current income, with subsequent consideration for capital growth opportunities.

Broaden your horizons with more funds linked to JHHY via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
High yield
Niche
Broad maturities
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Stock breakdown by region
0.1%0.2%91%6%1%
Top 10 holdings
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.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
JHHY trades at 26.14 USD today, its price has risen 0.08% in the past 24 hours. Track more dynamics on JHHY price chart.
JHHY net asset value is 26.08 today — it's risen 1.16% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
JHHY assets under management is ‪50.85 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
JHHY price has fallen by −0.04% over the last month, and its yearly performance shows a 0.27% increase. See more dynamics on JHHY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.16% over the last month, showed a 2.84% increase in three-month performance and has increased by 7.91% in a year.
JHHY fund flows account for ‪19.46 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
JHHY invests in bonds. See more details in our Analysis section.
JHHY expense ratio is 0.52%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, JHHY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, JHHY technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating JHHY shows the buy signal. See more of JHHY technicals for a more comprehensive analysis.
Yes, JHHY pays dividends to its holders with the dividend yield of 7.77%.
JHHY trades at a premium (0.15%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
JHHY shares are issued by Manulife Financial Corp.
JHHY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 1, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.