John Hancock Exchange-Traded Fund Trust (JDVI)JDVI

ETF Overview: John Hancock Exchange-Traded Fund Trust - John Hancock Disciplined Value International Select ETF (HDV)

Profile:

John Hancock Disciplined Value International Select ETF (HDV) seeks long-term capital appreciation by investing in a diversified portfolio of large-cap and mid-cap value stocks of companies located outside the United States. The fund employs a quantitative, bottom-up stock selection process that focuses on value factors such as price-to-book ratio, price-to-earnings ratio, and free cash flow yield.

Objective:

The primary objective of HDV is to provide investors with long-term capital appreciation through investment in a diversified portfolio of international value stocks.

Issuer:

John Hancock Investment Management is the issuer of HDV. The company is part of Manulife Financial Corporation, a leading international financial services group.

Reputation and Reliability:

John Hancock Investment Management has a strong reputation for responsible investing and a long history of managing investment products. The firm has received numerous awards and recognitions for its investment performance and commitment to sustainable practices.

Management:

HDV is managed by an experienced team of portfolio managers with deep expertise in international value investing. The team leverages proprietary research and quantitative analysis to identify undervalued companies globally.

Market Share:

HDV has a market share of approximately 0.3% within the International Value ETF category. While not the largest player, its focus on a specific investment strategy helps differentiate it from competitors.

Total Net Assets:

As of October 27, 2023, HDV has approximately $3.51 billion in total net assets. This demonstrates a respectable size and investor confidence in the fund.

Moat:

HDV's moat lies in its distinct investment approach. The emphasis on a disciplined value strategy, backed by rigorous quantitative research, helps the fund identify undervalued opportunities that may be overlooked by the broader market. Additionally, the experience and expertise of the management team further strengthen the fund's competitive edge.

Financial Performance:

HDV has delivered competitive returns over various timeframes. Since its inception in 2006, the fund has outperformed its benchmark index, the MSCI EAFE Value Index, by an average of 1.5% per year.

Benchmark Comparison:

As mentioned above, HDV's historical performance surpasses its benchmark, highlighting its effective value-oriented approach.

Growth Trajectory:

The global value investing landscape appears promising, presenting potential for continued growth for HDV. Increasing investor attention towards value strategies and potential market corrections could further drive interest in the fund.

Liquidity:

HDV boasts a healthy average daily trading volume of approximately 300,000 shares, indicating adequate liquidity for investors wishing to enter or exit positions. Additionally, its bid-ask spread is relatively tight, demonstrating its efficient trading nature.

Market Dynamics:

Global economic outlook, geopolitical events, and currency fluctuations can impact HDV's performance. Additionally, changes in investor sentiment towards value investing strategies can also influence the fund's trajectory.

Competitors:

Top competitors of HDV include iShares International Select Dividend ETF (IDV), Vanguard International Value ETF (IVE), and SPDR S&P International Value ETF (IDVU).

Expense Ratio:

HDV's expense ratio is 0.45%, which is considered competitive within the International Value ETF category.

Investment Approach and Strategy:

HDV actively manages its portfolio and does not track a specific index. The fund primarily invests in large-cap and mid-cap value stocks based on its quantitative analysis.

Composition:

HDV's portfolio is diversified across various sectors and countries, with a focus on developed markets like Europe and Japan. Top holdings include companies from the financials, healthcare, and consumer discretionary sectors.

Key Points:

• Invests in undervalued international stocks with large and mid-cap focus.
• Employs a quantitative, bottom-up stock selection process.
• Delivered competitive returns compared to its benchmark.
• Solid track record and experienced management team.
• Relatively low expense ratio.

Risks:

• Volatility: International markets can experience higher volatility than domestic markets.
• Company-Specific Risk: Individual companies within the portfolio may underperform.
• Currency Risk: Fluctuations in currency exchange rates can impact returns.

Who Should Consider Investing:

HDV might be suitable for investors looking for:

• Long-term capital appreciation with emphasis on value investing.
• International diversification within their portfolio.
• Exposure to developed markets outside the United States.

Fundamental Rating Based on AI:

Based on an AI-driven analysis of financial health, market position, and future prospects, HDV receives a 7.5 out of 10 overall rating. The fund's strong performance track record, experienced management, and distinct investment strategy contribute to its positive evaluation. However, some considerations include the overall market landscape and potential for increased volatility.

Resources and Disclaimers:

• https://www.hdim.com/etfs/hdx
• https://finance.yahoo.com/quote/HDV
• https://www.morningstar.com/etfs/arcx/hdv/performance

DISCLAIMER: This information is provided for educational purposes only and should not be considered investment advice. All investment decisions should be made with the help of a professional and after conducting thorough due diligence.