Key stats
About John Hancock Multifactor Mid Cap ETF
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Inception date
Sep 28, 2015
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Stocks99.88%
Finance21.42%
Technology Services11.43%
Electronic Technology9.00%
Producer Manufacturing8.86%
Health Technology6.21%
Utilities5.73%
Retail Trade5.15%
Consumer Services4.32%
Process Industries4.06%
Industrial Services3.49%
Consumer Non-Durables3.47%
Distribution Services2.60%
Consumer Durables2.52%
Commercial Services2.51%
Energy Minerals2.39%
Non-Energy Minerals2.12%
Health Services1.99%
Transportation1.93%
Communications0.33%
Miscellaneous0.33%
Bonds, Cash & Other0.12%
Mutual fund0.08%
Cash0.04%
Miscellaneous0.01%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history