John Hancock Exchange-Traded Fund Trust (JHAC)

John Hancock Exchange-Traded Fund Trust (JHMT) Overview

Profile: John Hancock Exchange-Traded Fund Trust offers a range of passively managed ETFs across various asset classes and investment styles. The trust currently holds 11 ETFs, each with its own specific focus, such as:

• Sector-specific ETFs: Energy Select Sector SPDR Fund (XLE), Financial Select Sector SPDR Fund (XLF), Technology Select Sector SPDR Fund (XLK)
• Broad market ETFs: SPDR S&P 500 ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA), SPDR Gold Trust (GLD)
• Bond ETFs: SPDR Bloomberg Barclays Short Term Treasury ETF (BSV), SPDR Bloomberg Barclays High Yield Bond ETF (JNK)
• Thematic ETFs: SPDR S&P Semiconductor ETF (XSD), SPDR S&P Homebuilders ETF (XHB)

Objective: The primary investment goal of each ETF within the John Hancock Exchange-Traded Fund Trust varies depending on the specific ETF. However, the overall objective of the trust is to provide investors with access to a diversified range of investment opportunities through passively managed ETFs.

Issuer: State Street Global Advisors (SSGA) is the issuer of the John Hancock Exchange-Traded Fund Trust. SSGA is a leading asset management firm with a global presence, managing over $4 trillion in assets.

Reputation and Reliability: SSGA has a strong reputation in the industry, with a long track record of managing investment products. They are known for their expertise in index tracking and ETF management.

Management: The ETFs within the John Hancock Exchange-Traded Fund Trust are managed by experienced portfolio managers at SSGA. The team has a deep understanding of the financial markets and expertise in managing various asset classes.

Market Share: The John Hancock Exchange-Traded Fund Trust has a significant market share in the ETF industry. Some of their individual ETFs, like SPY and XLE, are among the most popular and widely traded ETFs in their respective categories.

Total Net Assets: The total net assets under management for the John Hancock Exchange-Traded Fund Trust are over $150 billion.

Moat: The competitive advantages of the John Hancock Exchange-Traded Fund Trust include:

• Scale and Brand Recognition: SSGA is a global leader in the asset management industry, which provides the trust with significant scale and brand recognition.
• Experienced Management Team: The ETFs are managed by a team of experienced professionals with a proven track record.
• Low Expense Ratios: The expense ratios for the ETFs within the trust are generally low compared to actively managed funds.
• Diversification: The trust offers a wide range of ETFs across various asset classes, allowing investors to diversify their portfolios.

Financial Performance: The historical performance of the ETFs within the John Hancock Exchange-Traded Fund Trust varies depending on the individual ETF. However, the majority of the ETFs have outperformed their respective benchmarks over the long term.

Benchmark Comparison: Many of the ETFs within the John Hancock Exchange-Traded Fund Trust have outperformed their respective benchmarks, demonstrating their effectiveness in tracking their target indices.

Growth Trajectory: The ETF industry is expected to continue to grow in the coming years, which should benefit the John Hancock Exchange-Traded Fund Trust.

Liquidity: The ETFs within the John Hancock Exchange-Traded Fund Trust are highly liquid, with high average trading volumes and tight bid-ask spreads.

Market Dynamics: The market dynamics affecting the John Hancock Exchange-Traded Fund Trust include:

• Economic Growth: A strong economy generally leads to higher investment returns.
• Interest Rates: Rising interest rates can negatively impact bond ETFs.
• Market Volatility: Increased market volatility can lead to higher trading costs and potential losses.

Competitors: Key competitors of the John Hancock Exchange-Traded Fund Trust include iShares, Vanguard, and BlackRock.

Expense Ratio: Expense ratios for ETFs within the John Hancock Exchange-Traded Fund Trust range from 0.03% to 0.60% per year.

Investment Approach and Strategy: The ETFs within the John Hancock Exchange-Traded Fund Trust utilize a passive investment approach, aiming to track the performance of their respective benchmarks. The composition of each ETF varies depending on its specific focus, but generally includes stocks, bonds, commodities, or a mix of these assets.

Key Points:

• The John Hancock Exchange-Traded Fund Trust offers a diversified range of passively managed ETFs across various asset classes.
• The ETFs are managed by experienced professionals at SSGA, a leading asset management firm.
• The trust has a significant market share and a long track record of success.
• The ETFs offer low expense ratios and high liquidity.

Risks:

• Market Risk: The value of the ETFs can fluctuate due to changes in the financial markets.
• Tracking Error: The ETFs may not perfectly track their target benchmarks.
• Liquidity Risk: The liquidity of some ETFs may be lower than others.

Who Should Consider Investing:

• Investors looking for a low-cost, diversified way to invest in the stock market.
• Investors who want to track the performance of a specific index or sector.
• Investors who are comfortable with the risks associated with investing in ETFs.

Fundamental Rating Based on AI:

Based on an AI-based analysis of the factors mentioned above, the John Hancock Exchange-Traded Fund Trust receives a Fundamental Rating of 8 out of 10. This rating is based on the trust's strong financial health, market position, and future prospects.

Resources and Disclaimers:

• https://us.spdrfunds.com/
• https://www.ssga.com/
• https://www.etf.com/

Disclaimer: This information is provided for informational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.