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Upturn AI SWOT - About
John Hancock Multifactor Developed International ETF (JHMD)
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Upturn Advisory Summary
04/01/2025: JHMD (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 1.78% | Avg. Invested days 42 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 108694 | Beta 1.01 | 52 Weeks Range 30.79 - 36.27 | Updated Date 04/2/2025 |
52 Weeks Range 30.79 - 36.27 | Updated Date 04/2/2025 |
Upturn AI SWOT
John Hancock Multifactor Developed International ETF
ETF Overview
Overview
The John Hancock Multifactor Developed International ETF (JHMD) seeks to provide investment results that closely correspond to the performance of the John Hancock Dimensional Developed International Index. The fund uses a multi-factor approach, weighting stocks based on factors such as relative price, profitability, and size.
Reputation and Reliability
John Hancock Investment Management is a well-established asset manager with a long history in the financial services industry. They are known for their factor-based and quantitative investment strategies.
Management Expertise
John Hancock employs experienced portfolio managers and analysts who specialize in quantitative investing and factor-based strategies.
Investment Objective
Goal
To provide investment results that closely correspond, before fees and expenses, to the performance of the John Hancock Dimensional Developed International Index.
Investment Approach and Strategy
Strategy: The ETF employs a 'multi-factor' approach, weighting stocks based on relative price, profitability, and size, aiming to outperform traditional market-cap weighted indexes.
Composition The ETF primarily holds stocks of companies located in developed international markets (excluding the US).
Market Position
Market Share: JHMD's market share within the developed international multifactor ETF category is moderate but growing as factor investing gains traction.
Total Net Assets (AUM): 1433000000
Competitors
Key Competitors
- IDEV
- EFA
- VEA
- IXUS
- SCHF
Competitive Landscape
The developed international ETF market is highly competitive, with numerous funds offering exposure to similar markets. JHMD distinguishes itself through its multi-factor approach, which may provide an advantage over market-cap weighted ETFs. However, performance is subject to factor effectiveness and higher expense ratios compared to broad market ETFs.
Financial Performance
Historical Performance: Historical performance is available on the fund's factsheet and varies based on the time period selected. Investors should review annualized returns, standard deviation and Sharpe ratio of JHMD before investing.
Benchmark Comparison: The ETF is benchmarked against the John Hancock Dimensional Developed International Index. Tracking error and alpha metrics can be analyzed to assess the fund's performance relative to the index.
Expense Ratio: 0.29
Liquidity
Average Trading Volume
JHMD's average trading volume provides sufficient liquidity for most investors, allowing them to buy and sell shares without significantly impacting the price.
Bid-Ask Spread
The bid-ask spread for JHMD is generally tight, indicating that the cost of trading the ETF is relatively low.
Market Dynamics
Market Environment Factors
Economic growth in developed international markets, interest rate policies, and currency fluctuations significantly impact the performance of JHMD.
Growth Trajectory
JHMD has experienced steady asset growth as investors seek exposure to international markets using factor-based strategies. There have been no significant changes to the investment strategy.
Moat and Competitive Advantages
Competitive Edge
JHMD's competitive advantage lies in its multifactor approach. It offers a differentiated strategy compared to traditional market-cap-weighted ETFs. The fund targets higher returns by systematically overweighting stocks with attractive value, profitability, and size characteristics. This focus on factors, when effective, can lead to outperformance. John Hancock's established presence and research capabilities in factor investing are also advantageous.
Risk Analysis
Volatility
JHMD's volatility is comparable to other developed international equity ETFs. It is subject to market fluctuations and currency risk.
Market Risk
The primary market risk associated with JHMD is the potential for underperformance in developed international markets. Specific country and currency risks are also relevant.
Investor Profile
Ideal Investor Profile
JHMD is suitable for investors seeking diversified exposure to developed international equities with a tilt towards value, profitability and small size. Investors should have a moderate to long-term investment horizon.
Market Risk
JHMD is best for long-term investors who understand and are comfortable with factor-based investment strategies.
Summary
John Hancock Multifactor Developed International ETF (JHMD) provides exposure to developed international equity markets using a multifactor strategy, focusing on relative price, profitability and size. It offers a differentiated approach compared to market-cap weighted funds. Its expense ratio is moderate. Investors should consider their risk tolerance and time horizon before investing. The ETF can be suitable for investors who believe in the long-term benefits of factor-based investing in developed international markets.
Similar Companies
EFA
iShares MSCI EAFE ETF
EFA
iShares MSCI EAFE ETF
IDEV
iShares Core MSCI International Developed Market
IDEV
iShares Core MSCI International Developed Market
IXUS
iShares Core MSCI Total International Stock ETF
IXUS
iShares Core MSCI Total International Stock ETF
SCHF
Schwab International Equity ETF
SCHF
Schwab International Equity ETF
VEA
Vanguard FTSE Developed Markets Index Fund ETF Shares
VEA
Vanguard FTSE Developed Markets Index Fund ETF Shares
Sources and Disclaimers
Data Sources:
- John Hancock Investment Management
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Market share data is estimated and may vary. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About John Hancock Multifactor Developed International ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the fund's index, in depositary receipts representing securities included in the fund's index and in underlying stocks in respect of depositary receipts included in the fund's index. The index is designed to comprise a subset of securities associated with developed markets outside the U.S. and Canada.
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