JHID - ETF AI Analysis

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John Hancock International High Dividend ETF (JHID)

Rating:63Neutral

Price Target:―

The John Hancock International High Dividend ETF (JHID) has a solid overall rating, driven by strong contributions from holdings like Rio Tinto (GB:RIO) and Novartis AG (CH:NOVN). Rio Tinto's robust financial performance, strategic initiatives, and attractive valuation enhance the fund's appeal, while Novartis adds stability with its profitability and growth in key products. However, weaker momentum in holdings like Assicurazioni Generali S.p.A. (IT:G) and Poste Italiane SPA (IT:PST) may have slightly tempered the fund's overall score. A key risk factor is the ETF's relatively even distribution across holdings, which could limit the impact of standout performers.

Positive Factors

Strong Year-to-Date Performance

The ETF has delivered solid year-to-date returns, indicating strong overall momentum.

Global Diversification

The fund is exposed to a wide range of countries, reducing reliance on any single geographic market.

Reasonable Expense Ratio

With a moderate expense ratio, the ETF offers a cost-effective way to access international high-dividend stocks.

Negative Factors

Sector Concentration in Financials

The ETF has a heavy allocation to financials, which could make it vulnerable to sector-specific risks.

Mixed Performance Among Top Holdings

While some top holdings have performed well, others have shown weaker year-to-date returns, potentially limiting overall growth.

Low U.S. Exposure

The fund has minimal exposure to U.S. companies, which may limit its ability to benefit from strong U.S. market performance.

JHID vs. SPDR S&P 500 ETF (SPY)

AUM11.03M

RegionDeveloped Markets

Expense Ratio0.46%

Beta0.57

IssuerJohn Hancock

Inception DateDec 20, 2022

Dividend Yield3.02%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume2,369

30 Day Avg. Volume1,395

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

41.17

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering100

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

JHID Summary

The John Hancock International High Dividend ETF (JHID) is an investment fund that focuses on international companies known for paying strong dividends. It includes businesses from countries like Japan, the UK, and Canada, and covers industries such as financials, healthcare, and technology. Some well-known companies in the fund are Novartis AG and Rio Tinto. Investors might consider JHID for its potential to provide steady income through dividends while offering exposure to global markets. However, new investors should be aware that the fund’s performance can be influenced by fluctuations in international economies and currency changes.

How much will it cost me?The John Hancock International High Dividend ETF (JHID) has an expense ratio of 0.46%, which means you’ll pay $4.60 per year for every $1,000 invested. This is slightly higher than average because it is actively managed to focus on high-dividend international companies, requiring more research and oversight compared to passively managed funds. It’s a good option if you’re looking for income and diversification beyond U.S. markets.

What would affect this ETF?The John Hancock International High Dividend ETF (JHID) could benefit from stable economic growth in developed markets outside the U.S., which may support dividend-paying companies in sectors like financials and industrials. However, challenges such as rising interest rates or economic slowdowns in these regions could negatively impact dividend reliability and sector performance, particularly in financials and real estate. Additionally, regulatory changes or geopolitical tensions in key countries where top holdings like Engie SA or Rio Tinto operate could pose risks to the ETF's returns.

JHID Top 10 Holdings

The John Hancock International High Dividend ETF is leaning heavily on financials, with names like Banco Bilbao Vizcaya Argentaria and Svenska Handelsbanken AB showing steady gains, thanks to strong profitability and attractive dividend yields. Industrials, including Sumitomo, are also rising, buoyed by robust financial performance and positive technical trends. However, real estate exposure through Klepierre is lagging, with neutral momentum holding back broader fund performance. The fund’s developed markets focus provides geographical diversification, but its reliance on financials and industrials creates a concentrated play on these sectors, making it a mixed bag for investors seeking balanced growth.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
RIO	Rio Tinto	2.17%	$241.38K	£108.45B	25.91%	82 Outperform
8053	Sumitomo	2.11%	$234.11K	¥7.42T	93.34%	77 Outperform
SHB.A	Svenska Handelsbanken AB	2.07%	$229.88K	kr282.66B	15.86%	70 Outperform
ENGI	Engie SA	2.04%	$226.57K	€57.87B	48.97%	64 Neutral
	―	2.01%	$223.73K	―	―	―
BBVA	Banco Bilbao Vizcaya Argentaria	2.00%	$221.98K	€119.07B	110.89%	76 Outperform
NOVN	Novartis AG	1.97%	$218.67K	CHF217.88B	29.42%	80 Outperform
D05	DBS Group Holdings	1.95%	$217.10K	S$167.00B	51.72%	78 Outperform
FMG	Fortescue Metals Group Ltd	1.90%	$211.38K	AU$70.01B	26.75%	76 Outperform
PST	Poste Italiane SPA	1.90%	$210.97K	€28.79B	53.48%	72 Outperform

JHID Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

37.44

Positive

100DMA

36.38

Positive

200DMA

34.30

Positive

Market Momentum

MACD

0.55

Negative

RSI

76.74

Negative

STOCH

97.71

Negative

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For JHID, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 38.53, equal to the 50-day MA of 37.44, and equal to the 200-day MA of 34.30, indicating a bullish trend. The MACD of 0.55 indicates Negative momentum. The RSI at 76.74 is Negative, neither overbought nor oversold. The STOCH value of 97.71 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JHID.

JHID Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
JHID	―	―	$11.03M	0.46%	―
FDIV	―	―	$71.12M	0.35%	―
DIVY	―	―	$29.31M	0.45%	―
VUS	―	―	$20.50M	0.25%	―
VDI	―	―	$19.52M	0.39%	―
VWID	―	―	$12.67M	0.49%	―

Performance Comparison

JHID

John Hancock International High Dividend ETF

39.51

11.73

42.22%

FDIV

MarketDesk Focused U.S. Dividend ETF

―

DIVY

Sound Equity Income ETF

―

VUS

Virtus US Dividend ETF

―

VDI

Virtus International Dividend ETF

―

VWID

Virtus WMC International Dividend ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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