JHMT ISSUER
The John Hancock Multifactor Technology ETF (JHMT) is managed and issued by John Hancock Investment Management LLC. Established to provide investors with exposure to the technology sector within the U.S. universe, JHMT is designed to track an index developed and maintained by Dimensional Fund Advisors LP. This ETF employs a multifactor investing strategy, focusing on factors such as market capitalization, relative price, and profitability to select and weight securitie
JHMT DIVIDEND
The JHMT Dividend ETF, managed by Dimensional Fund Advisors LP, primarily focuses on investing in securities that make up its underlying Index, with an emphasis on the technology sector within the U.S. Universe. While the fund's primary objective is not dividend yield, its dividend distribution is influenced by the dividend policies and performances of the constituent companies within the Index. Dividends from JHMT are typically distributed on a semiannual basis, with a multifactor approach used to select and weight securities within the Index, ensuring that companies with smaller market capitalizations, lower relative prices, and higher profitability receive increased weight relative to their unadjusted weight. This unique approach may offer investors both capital appreciation potential and some level of dividend returns.
JHMT TRACKING
Tracking the Dimensional Technology Sector Index is the primary objective of the JHMT ETF. This ETF seeks to mirror the performance of the index, which comprises technology sector securities within the U.S. Universe. These securities are selected based on factors such as market capitalization, relative price, and profitability, utilizing a rules-based approach known as multifactor investing. JHMT's strategy involves adjusting the weights of individual securities within the index, with a focus on increasing the weight of smaller market capitalizations, lower relative prices, and higher profitability. By doing so, the ETF aims to closely track the index's performance, offering investors exposure to the technology sector's dynamic and innovative companies in the U.S. equity market.
JHMT CORRELATION
While specific correlation details for the JHMT ETF are not readily available, understanding its correlation dynamics is crucial for investors seeking insights into its market behavior. Investors can benefit from the ETF Insider web app, which provides an in-depth exploration of correlation data for JHMT and its interactions with various market factors. The user-friendly visualization tool offered by ETF Insider facilitates a comprehensive analysis of correlations, overlaps, and connections with other assets, enabling investors to make informed decisions and implement effective risk management strategies within their portfolios based on a nuanced understanding of JHMT ETF's correlation patterns.
JHMT SECTOR
The JHMT ETF primarily focuses on the technology sector within the U.S. Universe. This ETF is designed to invest in securities of companies involved in various technology-related activities, including software development, hardware manufacturing, internet services, data processing, and IT consulting. The fund employs a rules-based approach that factors in market capitalization, relative price, and profitability to select and weight securities within the technology sector. This strategy allows investors to gain exposure to innovative industries while potentially offering higher growth opportunities, although it comes with the risk associated with concentrated sector investments.
JHMT EXPOSURE
The exposure of the JHancock Multifactor Technology ETF (JHMT) centers around the technology sector within the U.S. equity market. With a focus on companies with larger market capitalizations than the 1001st largest U.S. company, JHMT offers investors exposure to established technology firms. This ETF follows a multifactor investing strategy that considers factors such as market capitalization, relative price, and profitability, providing a unique approach to capturing the potential of the technology sector.