JHMA John Hancock Multifactor Materials ETF
JHMA Fund Description
JHMA tracks an index of large- and mid-cap US equities from the materials sector. The index selects stocks by market caps and weights them by multiple factors: size, value, profitability and momentum.
JHMA Factset Analytics Insight
The security is being delisted. The last day of trading is October 24, 2022. JHMA offers multi-factor exposure to the US materials sector. The fund selects stocks by market cap, pulling materials names from the largest 1,000 US stocks—effectively lopping off small-caps. The fund’s factors—size, value (also called relative price) and profitability—are not used in selection, and serve to modify rather than completely replace market-cap weighting. The size factor breaks the eligible universe into three buckets, with the smallest funds (ranked 201 to 1000 by size) receiving the largest overweight, expect a bias to mid-caps rather than small-caps. The value factor relies on price/book as a signal and groups stocks accordingly into 5 buckets. Stocks with the lowest valuation receive the greatest overweight. The profitability factor (operating profit to book value) is treated in the same manner as the value factor. The momentum factor, based on 11-month returns, serves as a kind of spoiler, wherein smaller low-momentum stocks are barred from receiving an overweight they might otherwise earn.
JHMA Summary Data
JHMA Portfolio Data
JHMA Index Data
JHMA Portfolio Management
JHMA Tax Exposures
JHMA Fund Structure
JHMA Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of JHMA. JHMA is rated a 4 out of 5.
JHMA Sector/Industry Breakdown
JHMA Top 10 Holdings[View All]
JHMA Economic Development
JHMA Performance Statistics
JHMA Benchmark Comparison Summary
JHMA Benchmark Comparison Market Cap Size