JHMUJohn Hancock Multifactor Utilities ETF
JHMU Fund Description
JHMU tracks an index of large- and midcap US equities from the utilities sector. Stocks are selected by market cap and weighted based on multiple factors: size, value, profitability and momentum.
JHMU Factset Analytics Insight
JHMU offers multi-factor exposure to the US utilities sector. The fund selects stocks by market cap, pulling utilities names from the largest 1,000 US stocks, effectively lopping off small caps. JHMU’s factors size, value (also called relative price) and profitability 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. 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 wherein smaller low-momentum stocks are barred from receiving an overweight they might otherwise earn. The index is reconstituted and rebalanced on a semiannual basis.
JHMU Summary Data
JHMU Portfolio Data
JHMU Index Data
JHMU Portfolio Management
JHMU Tax Exposures
JHMU Fund Structure
JHMU Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of JHMU. JHMU is rated a 4 out of 5.
JHMU Sector/Industry Breakdown
JHMU Top 10 Holdings[View All]
JHMU Economic Development
JHMU Performance Statistics
JHMU Benchmark Comparison Summary
JHMU Benchmark Comparison Market Cap Size