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JHMM - ETF AI Analysis
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John Hancock Multifactor Mid Cap ETF (JHMM)
Rating:70Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several top holdings, such as Western Digital and Seagate Tech, have delivered strong year-to-date performance, supporting the ETF’s overall returns.
Sector Diversification
The ETF spreads its investments across 11 sectors, reducing the risk of being overly reliant on any single industry.
Reasonable Expense Ratio
The fund’s expense ratio of 0.41% is competitive for a multifactor ETF, helping investors retain more of their returns.
Negative Factors
High Geographic Concentration
With over 99% of its holdings in U.S. companies, the ETF lacks exposure to international markets, limiting diversification.
Underperforming Holdings
Some holdings, like Ametek and Entergy, have shown weaker year-to-date performance, potentially dragging down overall returns.
Moderate Asset Growth
While the fund has significant assets under management, its growth in AUM appears steady rather than rapidly increasing, which may signal limited investor enthusiasm.
JHMM vs. SPDR S&P 500 ETF (SPY)
AUM4.82B
RegionNorth America
Expense Ratio0.41%
Beta0.89
IssuerJohn Hancock
Inception DateSep 28, 2015
Dividend Yield0.92%
Asset ClassEquity
Index TrackedJohn Hancock Dimensional Mid Cap Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume292,719
30 Day Avg. Volume225,399
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
76.79Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering663
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
JHMM Summary
The John Hancock Multifactor Mid Cap ETF (JHMM) is an investment fund that focuses on mid-sized companies in the U.S., offering a balance between the growth potential of smaller businesses and the stability of larger ones. It follows the John Hancock Dimensional Mid Cap Index and uses a strategy to select stocks based on factors like size, value, and profitability. Some of its top holdings include well-known companies like eBay and Western Digital. Investors might consider JHMM for portfolio diversification and exposure to mid-cap stocks with growth potential. However, it’s important to note that the ETF’s performance can fluctuate with the overall market, especially since it’s heavily focused on U.S. companies.
How much will it cost me?The John Hancock Multifactor Mid Cap ETF (JHMM) has an expense ratio of 0.41%, which means you’ll pay $4.10 per year for every $1,000 invested. This cost is slightly higher than average for ETFs because it uses an actively managed multifactor strategy to select stocks, aiming to enhance returns.
What would affect this ETF?The John Hancock Multifactor Mid Cap ETF (JHMM) could benefit from economic growth in the U.S., especially if mid-sized companies in sectors like Industrials and Technology continue to innovate and expand. However, rising interest rates or economic slowdowns may negatively impact profitability in sectors like Financials and Consumer Cyclical, which are significant parts of the ETF's portfolio.
JHMM Top 10 Holdings
The John Hancock Multifactor Mid Cap ETF leans heavily into industrials and technology, with names like Western Digital and Seagate Technology driving recent gains thanks to strong earnings and strategic advancements. Coherent Corp also stands out, riding a wave of optimism in its communications segment. However, Cardinal Health has been a drag on performance, struggling with valuation concerns despite solid cash flow management. With its U.S.-focused portfolio and a balanced mix of growth and resilience, the fund captures the dynamism of mid-cap stocks while navigating sector-specific headwinds.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Western Digital | 0.85% | $41.30M | $73.51B | 245.68% | 77 Outperform | |
| Ciena | 0.66% | $32.04M | $33.58B | 190.09% | 70 Outperform | |
| Warner Bros | 0.65% | $31.50M | $70.96B | 200.84% | 68 Neutral | |
| Seagate Tech | 0.53% | $25.59M | $66.69B | 236.93% | 68 Neutral | |
| SanDisk Corp | 0.51% | $24.74M | $56.83B | ― | 55 Neutral | |
| Hartford Insurance | 0.45% | $21.75M | $36.76B | 16.32% | 78 Outperform | |
| Ametek | 0.44% | $21.31M | $48.60B | 18.89% | 79 Outperform | |
| Cardinal Health | 0.44% | $21.09M | $50.74B | 68.04% | 66 Neutral | |
| Teradyne | 0.43% | $20.97M | $36.05B | 65.52% | 71 Outperform | |
| Coherent Corp | 0.43% | $20.86M | $28.93B | 104.83% | 66 Neutral |
JHMM Technical Analysis
Positive
―
Price Trends
65.50
Positive
64.81
Positive
61.89
Positive
Market Momentum
0.88
Negative
70.06
Negative
93.48
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For JHMM, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 67.02, equal to the 50-day MA of 65.50, and equal to the 200-day MA of 61.89, indicating a bullish trend. The MACD of 0.88 indicates Negative momentum. The RSI at 70.06 is Negative, neither overbought nor oversold. The STOCH value of 93.48 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JHMM.
JHMM Peer Comparison
Comparison Results
Performance Comparison
JHMM
John Hancock Multifactor Mid Cap ETF
69.15
7.61
12.37%
XMHQ
Invesco S&P MidCap Quality ETF
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―
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XMMO
Invesco S&P MidCap Momentum ETF
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FMDE
Fidelity Enhanced Mid Cap ETF
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―
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DON
WisdomTree U.S. MidCap Dividend Fund
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―
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IVOO
Vanguard S&P Mid-Cap 400 ETF
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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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