John Hancock Exchange Traded Fund Trust - U S High Divided ETF (JHDV)

Overview

The John Hancock Exchange Traded Fund Trust - U.S. High Dividend ETF (ticker: HDIV) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the John Hancock Dimensional U.S. High Dividend Index. It primarily invests in a broad range of U.S. companies with high dividend yields.

Reputation and Reliability

John Hancock is a well-established financial services company with a long history in asset management.

Management Expertise

John Hancock Investment Management offers a range of investment products and has experienced portfolio managers overseeing the ETF.

Goal

To track the investment results of the John Hancock Dimensional U.S. High Dividend Index.

Investment Approach and Strategy

Strategy: Tracks a dividend-weighted index of U.S. companies with relatively high dividend yields, employing a rules-based approach.

Composition Primarily composed of dividend-paying U.S. common stocks.

Market Share: Data unavailable.

Total Net Assets (AUM): 312900000.0

Key Competitors

• Vanguard High Dividend Yield ETF (VYM)
• Schwab U.S. Dividend Equity ETF (SCHD)
• iShares Select Dividend ETF (DVY)

Competitive Landscape

The high dividend ETF space is competitive. HDIV uses a Dimensional Fund Advisors (DFA) approach, which focuses on factors like profitability and value, differentiating it from competitors that may simply select by yield. A disadvantage is that the DFA approach can lead to higher expenses.

Historical Performance: Historical performance data can be found on the John Hancock Investment Management website.

Benchmark Comparison: Performance should be compared to the John Hancock Dimensional U.S. High Dividend Index to assess tracking effectiveness.

Expense Ratio: 0.40

Average Trading Volume

Average trading volume data should be reviewed to determine liquidity.

Bid-Ask Spread

The bid-ask spread should be examined to gauge the cost of trading.

Market Environment Factors

Economic conditions, interest rates, and investor sentiment towards dividend-paying stocks can impact HDIV's performance.

Growth Trajectory

Growth depends on the performance of its underlying index and broader market trends. No strategic changes are known.

Competitive Edge

HDIV's competitive advantage lies in its partnership with Dimensional Fund Advisors (DFA) and its application of the DFA investment philosophy to a dividend ETF. This provides a differentiated approach with a focus on factors beyond just high yield. This also offers diversification benefits. It also seeks to outperform a standard high dividend fund through efficient security selection.

Volatility

Historical volatility data can be calculated using the ETF's price history. High dividend stocks, while generally more stable, are not immune to market downturns.

Market Risk

The primary risk is market risk, as the ETF invests in stocks. Changes in interest rates and economic conditions can impact the valuations of the underlying holdings.

Ideal Investor Profile

Income-seeking investors looking for a potentially higher dividend yield than broader market ETFs may find HDIV suitable.

Market Risk

Suitable for long-term investors seeking income and capital appreciation, but not necessarily for active traders due to the expense ratio.

HDIV is a high dividend ETF that offers a differentiated approach through its partnership with DFA and the application of the DFA investment philosophy. It focuses on factors beyond simple dividend yield, aiming for a more robust and diversified portfolio. Investors should consider its expense ratio and trading volume. It's suitable for long-term, income-seeking investors, not active traders. Compared to it's competitors, it carries unique approaches when looking into dividend yields

Data Sources:

• John Hancock Investment Management Website
• ETF.com
• Morningstar

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor.