JHMMJohn Hancock Multifactor Mid Cap ETF
JHMM Fund Description
JHMM tracks an index of US firms ranked 200-950 by size, weighted by multiple factors relative to their sector peers.
JHMM Factset Analytics Insight
JHMM is the midcap ETF in a suite of funds from John Hancock and Dimensional Fund Advisors (DFA). The fund’s DFA index applies multifactor methodology to the US midcap space, defined here as firms ranked 200-950 by market capitalization. (Allocators take heed of the massive overlap with large-cap sibling fund JHML, which covers the top 800 names.) JHMM applies its value and profit factors (P/B and operating profit/book, respectively) on a sector by sector basis, a thoughtful approach that should emphasize lower priced, higher profit names in each sector while reducing bets to any one sector. Smaller firms get an extra bump in weight while low momentum stocks (based on 11-month returns) are de-emphasized relative to their peers. The fund is rebalanced and reconstituted semi-annually with issuers capped at 4% each.
JHMM MSCI ESG Analytics Insight
John Hancock Multifactor Mid Cap ETF has an MSCI ESG Fund Rating of A based on a score of 6.74 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 Mid Cap ETF ranks in the 61st percentile within its peer group and in the 88th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
JHMM 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.
JHMM Summary Data
JHMM Portfolio Data
JHMM Index Data
JHMM Portfolio Management
JHMM Tax Exposures
JHMM Fund Structure
JHMM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of JHMM. JHMM is rated a 5 out of 5.
JHMM Sector/Industry Breakdown
JHMM Top 10 Holdings[View All]
JHMM Economic Development
JHMM Performance Statistics
JHMM MSCI ESG Ratings
JHMM Benchmark Comparison Summary
JHMM Benchmark Comparison Market Cap Size