3 min readBy Beqa Bumbeishvili ETF Insider
GLD VS GDX
Compare the GLD and GDX ETFs with our thorough analysis. Dive into the performance metrics, underlying assets, and investment strategies.
The John Hancock Multifactor Financials ETF (JHMF) is managed by John Hancock Advisors, LLC. This ETF primarily invests in securities that make up its underlying index, which is developed and maintained by Dimensional Fund Advisors LP. The index focuses on the financials sector within the U.S. Universe, prioritizing companies with larger market capitalizations than the 1001st largest U.S. company at the time of reconstitution. JHMF's investment strategy follows a multifactor approach, which includes factors like market capitalization, relative price, and profitability. The fund's objective is to replicate the performance of the index, and it may concentrate its investments in specific industries as dictated by the index. The index undergoes semiannual reconstitution and rebalancing to ensure alignment with its rules-based methodology.
The John Hancock Multifactor Financials ETF (JHMF) aims to track the performance of the Dimensional U.S. Financials Index, a benchmark that emphasizes multifactor investing within the financials sector of the U.S. Universe. While JHMF's primary objective is not dividend-focused, its performance may still reflect the dividend distribution of the underlying index. The index constituents' dividend eligibility, distribution frequency, and policies are determined by the individual companies' characteristics within the financials sector. Investors considering JHMF may appreciate potential dividend returns along with exposure to the multifactor approach applied in the financial sector. JHMF typically invests at least 80% of its net assets in securities that make up its benchmark, the Dimensional U.S. Financials Index. This index is designed to include financial sector securities within the U.S. Universe with larger market capitalizations than the 1001st largest U.S. company during reconstitution. The selection and weighting of securities in the index involve a multifactor approach, taking into account market capitalization, relative price, and profitability. The index is reconstituted and rebalanced semiannually. The financials sector includes various subsectors such as banking, insurance, consumer finance, and more. Investors should consider the specific dividend policies and eligibility criteria of individual companies within the index when assessing potential dividend returns from JHMF.
Tracking the Dimensional U.S. Financials ETF (JHMF) involves closely following the investment strategy designed to mirror the Dimensional U.S. Financials Sector Index. This ETF aims to invest at least 80% of its net assets in securities that constitute the Index, which focuses on companies within the financials sector in the U.S. universe. The index employs a multifactor approach, taking into account market capitalization, relative price, and profitability factors to determine the weights of individual securities. JHMF is a suitable choice for investors seeking exposure to the U.S. financials sector, offering a strategy that aligns with the Index's composition and methodology.
The correlation aspect of the John Hancock Multifactor Financials ETF (JHMF) is essential for understanding its behavior in relation to the broader U.S. financial sector. JHMF aims to replicate the performance of the Dimensional U.S. Target Marketwide Financials Index, which comprises larger-cap financial sector stocks. Given its focus on this specific sector, JHMF is expected to exhibit a strong correlation with the overall financial market. This high correlation makes JHMF a valuable tool for investors seeking exposure to the financial sector and its performance. To delve deeper into JHMF's correlation with other assets and sectors, investors can utilize ETF Insider's web app, which provides comprehensive data and visualization tools to identify correlations and overlaps with ease.
The JHancock Multifactor Financials ETF (JHMF) focuses on the financials sector within the U.S. Universe. This sector encompasses a wide range of companies involved in banking, savings and loans, insurance, consumer finance, investment brokerage, asset management, and various financial services. The fund employs a multifactor investing strategy, considering factors such as market capitalization, relative price, and profitability to select and weight securities in the financials sector. While JHMF offers exposure to this sector's potential, investors should be aware of its concentration and factor-based approach, which can result in a distinct risk profile within the financials industry.
The exposure characteristic of the John Hancock Multifactor Financials ETF (JHMF) highlights its focus on the financials sector within the U.S. Universe. This ETF is designed to invest in securities that are part of the financials sector, with an emphasis on companies whose market capitalizations are larger than that of the 1001st largest U.S. company at the time of reconstitution. It employs a multifactor investing strategy, considering factors like market capitalization, relative price, and profitability to select and weight its holdings. Investors looking to gain exposure to the financial services industry in the United States can consider JHMF as a potential investment option.
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3 min readCompare the GLD and GDX ETFs with our thorough analysis. Dive into the performance metrics, underlying assets, and investment strategies.
6 min readThe JHMF 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.
6 min readThe EEV 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.
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