(JHMM) John Hancock Multifactor - Overview
ETF Category: Mid-Cap Blend | Exchange: NYSE ARCA (USA) | Market Cap: 5.434m USD | Total Return: 19.6% in 12m
TER: 0.42%
Avg Turnover: 15.5M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The John Hancock Multifactor Mid Cap ETF (JHMM) tracks a rules-based index targeting U.S. companies ranked between the 200th and 951st largest by market capitalization. The fund maintains a policy of investing at least 80% of its assets in these underlying index components, focusing on the mid-cap segment of the equity market.
Mid-cap stocks often provide a balance between the growth potential of small-cap firms and the relative stability of large-cap corporations. This specific business model utilizes a multifactor selection process designed to emphasize dimensions such as price momentum, low valuation, and high profitability compared to traditional market-cap-weighted strategies.
Investors can further examine these factor exposures and historical performance metrics on ValueRay. Comparing mid-cap blend funds helps identify which specific weighting methodologies align best with a diversified portfolio.
- U.S. interest rate shifts impact mid-cap borrowing costs and growth valuations
- Domestic consumer spending trends drive revenue for core cyclical holdings
- Dimensional Fund Advisors’ multifactor strategy determines index constituent selection and weighting
- Relative performance of mid-sized companies versus large-cap benchmarks influences capital inflows
- Quarterly index reconstitution forces turnover based on market capitalization rank shifts
Over the past week, the price has changed by -1.66%, over one month by +0.74%, over three months by +0.71% and over the past year by +19.55%.
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