John Hancock Exchange-Traded Fund Trust - John Hancock International High Dividend ETF (JHID)

Overview

The John Hancock International High Dividend ETF (IHDG) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the John Hancock International High Dividend Index. It focuses on international companies (excluding the US) that offer high dividend yields. The fund emphasizes dividend sustainability and financial health when selecting and weighting its holdings.

Reputation and Reliability

John Hancock is a well-established financial services company with a long history and a reputable brand. They are known for their range of investment products and services.

Management Expertise

John Hancock Investment Management has a team of experienced professionals dedicated to managing various investment strategies, including ETFs. They leverage their expertise in dividend investing and international markets to manage IHDG.

Goal

The fund seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the John Hancock International High Dividend Index.

Investment Approach and Strategy

Strategy: IHDG tracks the John Hancock International High Dividend Index, which is designed to measure the performance of 80 equally weighted companies in developed international markets with high dividend yields, sustainable dividend payouts, and financial health.

Composition IHDG primarily holds dividend-paying stocks from developed international markets (excluding the United States). It invests in various sectors, with potential allocations to financials, utilities, telecommunications, and energy, depending on dividend yields.

Market Share: IHDG holds a niche market share within the international dividend ETF space.

Total Net Assets (AUM): 370000000

Key Competitors

• SCHD
• VYMI
• IDV

Competitive Landscape

The international high dividend ETF market is moderately competitive, with several established players. IHDG distinguishes itself with its index construction methodology, focusing on dividend sustainability and financial health. However, it faces strong competition from larger, more liquid ETFs with lower expense ratios. IHDG's advantage lies in its focus on quality and dividend sustainability, while its disadvantage is its smaller size and potentially higher expense ratio compared to competitors.

Historical Performance: Historical performance data should be retrieved from financial data providers. [Yearly Return Data needs to be added here.]

Benchmark Comparison: The ETF's performance is compared against the John Hancock International High Dividend Index. Detailed Benchmark comparison data should be added here. [Benchmark Performance Data needs to be added here.]

Expense Ratio: 0.49

Average Trading Volume

The average trading volume for IHDG is moderate, which may affect the ease of buying and selling shares.

Bid-Ask Spread

The bid-ask spread for IHDG is generally competitive, but it can widen during periods of market volatility.

Market Environment Factors

Economic growth in developed international markets, interest rate policies of central banks, and currency fluctuations all impact IHDG. Furthermore, sector-specific trends, such as the performance of financial or utility companies, can significantly affect the ETF's returns.

Growth Trajectory

IHDG's growth trajectory is dependent on the overall demand for international dividend-paying stocks. Changes to the index methodology or holdings could also impact its performance and investor interest.

Competitive Edge

IHDG's competitive edge lies in its index's focus on dividend sustainability and financial health, aiming to select companies with strong fundamentals. This approach may result in a higher-quality portfolio compared to ETFs solely focused on high yield. The equal-weighting scheme diversifies risk. However, this methodology might lead to underperformance in rapidly growing market environments compared to market-cap-weighted strategies. The selection process provides a layer of risk mitigation.

Volatility

IHDG's volatility is dependent on the volatility of the underlying international stocks and currency fluctuations.

Market Risk

IHDG is subject to market risk, including the risk of declines in international stock markets and currency fluctuations. Specific risks include political and economic instability in foreign countries, as well as concentration risk within certain sectors or regions.

Ideal Investor Profile

The ideal investor for IHDG is a long-term investor seeking income from international dividend-paying stocks. Investors looking for diversification outside the US market, with a focus on dividend sustainability and financial health, may find IHDG appealing.

Market Risk

IHDG is suitable for long-term investors seeking income and diversification. It may also be suitable for passive index followers who want exposure to a specific segment of the international equity market.

The John Hancock International High Dividend ETF (IHDG) offers exposure to dividend-paying stocks in developed international markets, excluding the US. It tracks an index focused on dividend sustainability and financial health. While IHDG faces competition from larger ETFs, its methodology provides a differentiated approach. The ETF's performance is influenced by international market conditions and currency fluctuations, making it suitable for long-term investors seeking income and diversification.

• VYMI
• IDV
• PID
• DWX
• FIDI

Data Sources:

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

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be made based on individual circumstances and after consulting with a qualified financial advisor. Past performance is not indicative of future results.