The issuer of the JHancock Multifactor Developed International ETF (JHMD) is John Hancock Investment Management LLC, a reputable investment management company. JHMD is designed to track the performance of the Dimensional Developed International Multi-Factor Index, which is developed and maintained by Dimensional Fund Advisors LP. The index focuses on a subset of securities from developed markets outside the U.S. and Canada, selecting and weighting securities using a rules-based process that considers factors like market capitalization, relative price, and profitability. John Hancock Investment Management aims to replicate the index's performance with JHMD, offering investors exposure to a diversified portfolio of international stocks that seek to deliver enhanced returns through a systematic multifactor approach.
Although the primary focus of the John Hancock Multifactor Developed International ETF (JHMD) may not be on dividends, it still reflects the dividend distribution of the underlying Dimensional Developed Market ex US Core Equity 2 Index. These distributions typically occur on a semiannual basis and are influenced by the constituent companies' individual dividend policies and performances. Eligible securities are generally those with market capitalizations in the top 85% of eligible countries and the top 90% of all securities in eligible countries at the time of reconstitution. The ETF's investment approach aims to approximate the Index's performance by investing in a portfolio of securities that generally replicates the Index, which is reconstituted and rebalanced semiannually. The fund may also concentrate its investments in specific countries, regions, or industries in alignment with the Index's concentration. As of June 30, 2023, the Index-eligible countries for this ETF include Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, and the United Kingdom, but this list may change over time to reflect market conditions and developments.
Tracking the Dimensional International Core Equity Market ETF's strategy involves replicating the Dimensional International Core Equity Market Index. This ETF primarily invests at least 80% of its net assets in securities from developed markets outside the U.S. and Canada, with a focus on securities in the top 85% by market capitalization within eligible countries. The fund employs a multifactor investing approach, adjusting securities' weights based on factors such as market capitalization, relative price, and profitability. The goal is to closely track the performance of the index, making JHMD an attractive option for investors seeking international equity exposure while utilizing a smart beta investment strategy.
The correlation aspect of the John Hancock Multifactor Developed International ETF (JHMD) is primarily influenced by its investment strategy. JHMD seeks to track the performance of the Dimensional International Core Equity Market (ex U.S.) Index, which comprises a diversified portfolio of developed market stocks outside the U.S. and Canada. Due to its focus on multifactor investing, JHMD's correlation with traditional market indices may vary. Investors interested in understanding JHMD's correlation patterns can utilize our tool, ETF Insider, to study its correlations with various assets, sectors, and global market trends. With its user-friendly visualization tool, ETF Insider helps investors gain deep insights and identify potential overlap in JHMD's holdings with other investments.
The John Hancock Multifactor Developed International ETF (JHMD) focuses on investing in developed markets outside the U.S. and Canada. This ETF aims to replicate the performance of an index developed and maintained by Dimensional Fund Advisors LP, employing a multifactor investing approach. It selects and weights securities based on factors like market capitalization, relative price, and profitability, with an emphasis on increasing the weights of smaller market capitalizations, lower relative prices, and higher profitability securities within the eligible universe. This approach offers investors exposure to developed international markets while potentially benefiting from a multifactor strategy designed to enhance returns.
The exposure characteristic of the JHancock Multifactor Developed International ETF (JHMD) centers around developed markets outside the U.S. and Canada. JHMD aims to replicate the performance of the Dimensional Developed International Index, which focuses on securities with market capitalizations in the top 85% of eligible countries and the top 90% of all securities within those countries. This ETF employs a multifactor investment approach, taking into account factors like market capitalization, relative price, and profitability to determine the weights of individual securities within its portfolio. Investors looking to access a diversified range of developed international markets can consider JHMD for their investment needs.
ETF Insider is a data-driven portfolio analytics and optimization platform that introduces a more efficient and practical way to visualize, analyze and optimize portfolios.
Rather than focusing on the surface-level attributes of ETFs and Mutual Funds, ETF Insider goes deeper by examining the underlying holdings of exchange traded products.
By organizing and structuring that data, investors can easily navigate within their overlapping layers.
This innovative perspective combined with modern data visualization and modeling tools, provides an entirely new approach to portfolio optimization that can quickly expose both portfolio inefficiencies and opportunities.
5 min readDiscover the DRN and PSFF ETFs, two intriguing investment opportunities that offer unique advantages in the financial market. Learn about their features, benefits, and how they can potentially enhance your investment portfolio.
6 min readThe ETF with Intel Corp. and Micron Technology Inc. Exposure (Nasdaq) exposure provides investors with an opportunity to diversify their portfolio while gaining insight into the performance and potential of Intel Corp. and Micron Technology Inc. Exposure (Nasdaq). This ETF offers a comprehensive view of the company's standing in the market, its historical performance, and future prospects.
3 min readThe JHMD ETF is a specialized investment fund that focuses on a specific sector. This exchange-traded fund offers investors exposure to a range of companies in this sector.
ETF Insider is a novel portfolio optimization tool that uses the power of data visualization to gain insight into portfolio compositions, concentration risks, portfolio efficiency and more. Complex financial data can be transformed into visually appealing and easily digestible graphs and charts, allowing investors to quickly identify trends and make well-informed investment decisions. Not only does this save time, but it also increases the accuracy and effectiveness of portfolio management.
