JHMIJohn Hancock Multifactor Industrials ETF
JHMI Fund Description
JHMI tracks an index of large- and midcap US equities from the industrials sector. Stocks are selected by market cap and weights them by multiple factors: size, value, profitability and momentum.
JHMI Factset Analytics Insight
JHMI offers multi-factor exposure to the US industrials sector. The fund selects stocks by market cap, pulling industrials names from the largest 1,000 US stocks. The fund’s factors—size, value (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 midcaps rather than small-caps. The value factor relies on price/book as a signal and groups stocks accordingly into five 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, wherein smaller low-momentum stocks are barred from receiving an overweight they might otherwise earn.
JHMI MSCI ESG Analytics Insight
John Hancock Multifactor Industrials ETF has an MSCI ESG Fund Rating of A based on a score of 6.67 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. John Hancock Multifactor Industrials ETF ranks in the 66th percentile within its peer group and in the 65th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
JHMI MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
JHMI Summary Data
JHMI Portfolio Data
JHMI Index Data
JHMI Portfolio Management
JHMI Tax Exposures
JHMI Fund Structure
JHMI Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of JHMI. JHMI is rated a 5 out of 5.
JHMI Sector/Industry Breakdown
JHMI Top 10 Holdings[View All]
JHMI Economic Development
JHMI Performance Statistics
JHMI MSCI ESG Ratings
JHMI Benchmark Comparison Summary
JHMI Benchmark Comparison Market Cap Size