JHMM - ETF AI Analysis

Top Page

John Hancock Multifactor Mid Cap ETF (JHMM)

Rating:69Neutral

Price Target:―

The John Hancock Multifactor Mid Cap ETF (JHMM) has a solid overall rating, reflecting a balanced mix of strong performers and some areas of caution. Top contributors include Hartford Financial (HIG), which benefits from strong financial performance, bullish momentum, and strategic execution, and Western Digital (WDC), which is well-positioned in AI-driven markets with robust cash flow management. However, weaker holdings like Seagate Technology (STX) and Cardinal Health (CAH) face challenges such as high financial leverage and valuation concerns, which slightly weigh on the fund's overall score. A key risk factor is the potential overvaluation of several holdings, which could impact future performance.

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)

AUM4.56B

RegionNorth America

Expense Ratio0.41%

Beta0.90

IssuerJohn Hancock

Inception DateSep 28, 2015

Dividend Yield0.96%

Asset ClassEquity

Index TrackedJohn Hancock Dimensional Mid Cap Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume180,576

30 Day Avg. Volume197,728

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

74.91

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering664

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 is leaning heavily into industrials and technology, with names like Western Digital and Seagate Technology driving strong performance thanks to their bullish momentum and strategic positioning in high-growth markets. Warner Bros. Discovery adds a touch of entertainment flair, benefiting from streaming success, while Cardinal Health provides steady gains from its healthcare focus. However, Entergy and Vertiv Holdings are lagging slightly, with mixed momentum and regional challenges holding them back. With a U.S.-centric portfolio and a balanced sector mix, this fund captures mid-cap dynamism while navigating some bumps along the way.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
WDC	Western Digital	0.71%	$32.34M	$57.97B	160.30%	77 Outperform
WBD	Warner Bros	0.68%	$31.06M	$70.04B	172.92%	68 Neutral
CIEN	Ciena	0.63%	$28.60M	$30.24B	203.03%	74 Outperform
STX	Seagate Tech	0.50%	$23.02M	$60.41B	203.81%	68 Neutral
COHR	Coherent Corp	0.48%	$21.69M	$30.29B	90.15%	66 Neutral
HIG	Hartford Insurance	0.47%	$21.27M	$36.24B	15.23%	78 Outperform
VRT	Vertiv Holdings	0.45%	$20.63M	$68.20B	44.48%	77 Outperform
AME	Ametek	0.43%	$19.64M	$45.11B	6.36%	79 Outperform
ROK	Rockwell Automation	0.43%	$19.63M	$44.98B	37.95%	71 Outperform
CAH	Cardinal Health	0.43%	$19.43M	$47.04B	68.80%	66 Neutral

JHMM Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

64.58

Positive

100DMA

64.06

Positive

200DMA

61.08

Positive

Market Momentum

MACD

0.50

Negative

RSI

64.02

Neutral

STOCH

71.57

Neutral

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 64.64, equal to the 50-day MA of 64.58, and equal to the 200-day MA of 61.08, indicating a bullish trend. The MACD of 0.50 indicates Negative momentum. The RSI at 64.02 is Neutral, neither overbought nor oversold. The STOCH value of 71.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JHMM.

JHMM Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
JHMM	―	―	$4.56B	0.41%	―
XMHQ	―	―	$5.11B	0.25%	―
XMMO	―	―	$4.98B	0.35%	―
FMDE	―	―	$4.48B	0.23%	―
DON	―	―	$4.12B	0.38%	―
IVOO	―	―	$2.98B	0.07%	―

Performance Comparison

JHMM

John Hancock Multifactor Mid Cap ETF

66.64

4.33

6.95%

XMHQ

Invesco S&P MidCap Quality ETF

―

XMMO

Invesco S&P MidCap Momentum ETF

―

FMDE

Fidelity Enhanced Mid Cap ETF

―

DON

WisdomTree U.S. MidCap Dividend Fund

―

IVOO

Vanguard S&P Mid-Cap 400 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