Education
About Us
Working with TipRanks
Follow Us
JHMD - AI Analysis
Top Page
John Hancock Multifactor Developed International ETF (JHMD)
Rating:65Neutral
Price Target:
$43.00
Positive Factors
Strong Geographic Diversification
The ETF invests across multiple countries, including Japan, the UK, and Germany, reducing reliance on any single economy.
Healthy Top Holdings Performance
Several top holdings, such as ASML Holding NV and Banco Bilbao Vizcaya Argentaria, have shown strong year-to-date gains, supporting the fund's overall performance.
Reasonable Expense Ratio
The ETF's expense ratio of 0.39% is competitive, making it a cost-effective option for international exposure.
Negative Factors
Sector Over-Concentration
The fund has significant exposure to the Financial and Industrials sectors, which may increase vulnerability to sector-specific downturns.
Mixed Holdings Performance
Some top holdings, such as BASF SE and Deutsche Telekom, have delivered weaker year-to-date returns, potentially dragging on overall performance.
Limited U.S. Exposure
With only 4.4% allocated to U.S. companies, the ETF may miss out on opportunities in the world's largest economy.
JHMD vs. SPDR S&P 500 ETF (SPY)
AUM826.48M
RegionDeveloped Markets
Expense Ratio0.39%
Beta0.68
IssuerJohn Hancock
Inception DateDec 15, 2016
Dividend Yield2.83%
Asset ClassEquity
Index TrackedJohn Hancock Dimensional Developed International Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume64,668
30 Day Avg. Volume59,586
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
44.19Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering590
JHMD Summary
The John Hancock Multifactor Developed International ETF (JHMD) is an investment fund that focuses on companies in developed international markets, such as Japan, the UK, and Germany. It includes a mix of large, mid, and small-sized companies across various industries like financials, healthcare, and technology. Some well-known companies in this ETF are Novartis and Nestlé. Investors might consider JHMD for diversification, as it provides exposure to stable economies outside the U.S. However, new investors should be aware that the ETF’s performance can be affected by global economic conditions, which may cause its value to fluctuate.
How much will it cost me?The John Hancock Multifactor Developed International ETF (JHMD) has an expense ratio of 0.39%, which means you’ll pay $3.90 per year for every $1,000 invested. This cost is slightly higher than average for passively managed ETFs because it uses a multifactor strategy to optimize risk and reward across developed international markets.
What would affect this ETF?Positive drivers for JHMD include potential economic growth in developed international markets outside North America, which could boost the performance of its top holdings like Vinci SA and Novartis AG. However, negative factors such as rising interest rates or economic slowdowns in Europe could impact sectors like Financials and Industrials, which make up a significant portion of the ETF's exposure.
JHMD Top 10 Holdings
The John Hancock Multifactor Developed International ETF (JHMD) leans heavily on financials and industrials, which together make up nearly 40% of its portfolio. European giants like ASML Holding NV and Banco Bilbao Vizcaya Argentaria are driving performance, with ASML benefiting from strong demand in the semiconductor space and BBVA riding a wave of bullish momentum in banking. Nestlé has also been a steady contributor, supported by its stable financials and global consumer reach. However, BASF SE’s mixed results and sluggish growth are holding the fund back slightly. Overall, JHMD offers a broad international mix with a tilt toward developed European markets.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Vinci SA | 1.67% | $13.84M | €66.08B | 13.87% | 76 Outperform | |
| Novartis AG | 1.45% | $12.09M | CHF188.17B | 3.27% | 78 Outperform | |
| ASML Holding NV | 1.33% | $11.09M | €346.61B | 38.18% | 78 Outperform | |
| Shell (UK) | 1.30% | $10.82M | £163.15B | 14.14% | 77 Outperform | |
| Banco Bilbao Vizcaya Argentaria | 0.93% | $7.70M | €98.82B | 90.10% | 76 Outperform | |
| BASF SE | 0.87% | $7.25M | €38.39B | -5.82% | 51 Neutral | |
| HSBC Holdings | 0.80% | $6.62M | £180.66B | 47.15% | 79 Outperform | |
| Deutsche Telekom | 0.77% | $6.43M | €141.88B | 2.35% | 68 Neutral | |
| Compagnie de Saint Gobain | 0.77% | $6.42M | €43.94B | 7.54% | 68 Neutral | |
| Toyota Motor | 0.77% | $6.40M | ¥41.33T | 18.00% | 81 Outperform |
JHMD Technical Analysis
Positive
―
Price Trends
39.97
Positive
39.10
Positive
36.85
Positive
Market Momentum
0.21
Negative
54.94
Neutral
78.91
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For JHMD, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 40.29, equal to the 50-day MA of 39.97, and equal to the 200-day MA of 36.85, indicating a bullish trend. The MACD of 0.21 indicates Negative momentum. The RSI at 54.94 is Neutral, neither overbought nor oversold. The STOCH value of 78.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JHMD.
JHMD Peer Comparison
Comparison Results
Performance Comparison
JHMD
John Hancock Multifactor Developed International ETF
40.50
7.99
24.58%
DDWM
WisdomTree Dynamic Currency Hedged International Equity Fund
―
―
―
QEFA
SPDR MSCI EAFE StrategicFactors ETF
―
―
―
GSID
Goldman Sachs MarketBeta International Equity ETF
―
―
―
IQDG
WisdomTree International Quality Dividend Growth Fund
―
―
―
DMXF
iShares ESG Advanced MSCI EAFE 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: ―
Table of Contents