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Upturn AI SWOT - About
John Hancock Multifactor Mid Cap ETF (JHMM)
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Upturn Advisory Summary
04/01/2025: JHMM (1-star) is currently NOT-A-BUY. Pass it for now.
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
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit -2.62% | Avg. Invested days 45 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 247899 | Beta 1.08 | 52 Weeks Range 52.75 - 64.79 | Updated Date 04/2/2025 |
52 Weeks Range 52.75 - 64.79 | Updated Date 04/2/2025 |
Upturn AI SWOT
John Hancock Multifactor Mid Cap ETF
ETF Overview
Overview
The John Hancock Multifactor Mid Cap ETF (JHMM) seeks to provide investment results that closely correspond to the performance of the John Hancock Dimensional Mid Cap Index. It focuses on U.S. mid-cap companies with relatively high profitability, value, and quality. The fund employs a multi-factor investment strategy to enhance risk-adjusted returns.
Reputation and Reliability
John Hancock is a well-established financial services company with a long history and strong reputation.
Management Expertise
John Hancock Investment Management has extensive experience managing ETFs and other investment products.
Investment Objective
Goal
To provide investment results that closely correspond to the performance of the John Hancock Dimensional Mid Cap Index.
Investment Approach and Strategy
Strategy: The ETF aims to track the John Hancock Dimensional Mid Cap Index, utilizing a multi-factor approach.
Composition The ETF primarily holds U.S. mid-cap stocks selected based on profitability, value, and quality factors.
Market Position
Market Share: JHMM's market share among mid-cap ETFs is moderate.
Total Net Assets (AUM): 1361000000
Competitors
Key Competitors
- IJH
- VO
- IWR
Competitive Landscape
The mid-cap ETF market is highly competitive, with several large players dominating market share. JHMM differentiates itself through its multifactor approach focusing on profitability, value, and quality, potentially leading to better risk-adjusted returns. However, it has a smaller AUM and lower liquidity compared to larger competitors like IJH and VO.
Financial Performance
Historical Performance: Historical performance data is readily available from financial websites (Morningstar, Yahoo Finance, etc.) but requires dynamic data updates and is, therefore, external to this response.
Benchmark Comparison: Benchmark comparisons can be found on financial websites and involve tracking JHMM's returns versus its target index, but requires dynamic data updates and is, therefore, external to this response.
Expense Ratio: 0.29
Liquidity
Average Trading Volume
The average trading volume for JHMM is moderate, indicating reasonable liquidity.
Bid-Ask Spread
The bid-ask spread is typically small, which makes trading more cost-effective.
Market Dynamics
Market Environment Factors
Economic growth, interest rates, and market sentiment towards mid-cap stocks influence JHMM's performance.
Growth Trajectory
JHMM's growth is tied to the performance of mid-cap stocks and its ability to deliver superior risk-adjusted returns through its multi-factor strategy. Changes in factor weightings and holdings are adjusted periodically.
Moat and Competitive Advantages
Competitive Edge
JHMM's competitive advantage lies in its multi-factor approach, focusing on profitability, value, and quality. This aims to select stocks with strong fundamentals and potentially higher returns. Its relatively low expense ratio is also attractive to investors. While its AUM is lower than some competitors, its unique factor-based approach sets it apart.
Risk Analysis
Volatility
JHMM's volatility is typical for mid-cap equity ETFs.
Market Risk
The ETF is subject to market risk, which is the risk of losses due to adverse market conditions impacting the value of mid-cap stocks.
Investor Profile
Ideal Investor Profile
The ideal investor is one seeking exposure to mid-cap U.S. equities with a focus on profitability, value, and quality factors. Investors seeking long-term growth and potentially better risk-adjusted returns may find it suitable.
Market Risk
This ETF is suitable for long-term investors seeking diversified exposure to mid-cap equities using a factor-based strategy.
Summary
The John Hancock Multifactor Mid Cap ETF (JHMM) offers exposure to U.S. mid-cap stocks selected based on profitability, value, and quality factors. It aims to provide investment results that closely correspond to the performance of the John Hancock Dimensional Mid Cap Index. The ETF's multi-factor approach and relatively low expense ratio may appeal to long-term investors. While it has a smaller AUM compared to competitors, its factor-based strategy sets it apart. Investors should consider their risk tolerance and investment goals before investing.
Similar Companies
- IWR
- IJH
- VO
- MDY
- RFG
Sources and Disclaimers
Data Sources:
- John Hancock Investment Management
- Morningstar
- Yahoo Finance
- ETF.com
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 can vary based on reporting sources and dates.
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 Mid Cap 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 that compose the fund's index. The index is designed to comprise a subset of securities in the U.S. Universe issued by companies whose market capitalizations are between the 200th and 951st largest U.S. company at the time of reconstitution.
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