FKnol.com

Financial Knowledge & Information Portal

John Hancock Multi-Factor Industrials ETF (JHMI) Profile

Updated Dec 5, 2019
The John Hancock Multifactor Industrials ETF tracks an index of large- and midcap US equities from the industrials sector. The index selects stocks by market caps and weights them by multiple factors: size, value, profitability and momentum.

Fund Profile for John Hancock Multi-Factor Industrials ETF (JHMI)

The John Hancock Multi-Factor Industrials ETF (JHMI) ETF has the following static details:

ETF TickerJHMI
ETF NameJohn Hancock Multi-Factor Industrials ETF
Primary Asset ClassEquity
Secondary Asset ClassMulti-Cap
Primary CategoryIndustrials Equities
Other CategoriesEquity, Multi-Cap, Industrials Equities, North America, USA, Industrials, Industrials-Broad, Growth, US, America, Smart-Beta, Broad-based, Multi-factor,
Launch Date28-Mar-2016
IssuerJohn Hancock
No. of Holdings190
RegionNorth America
Sub-regionUSA
SectorIndustrials
Sub-sectorIndustrials-Broad
Investment StrategyGrowth
Leveraged ETF?No
Currency Hedging?No
JHMI offers multi-factor exposure to the US industrials sector. The fund selects stocks by market cap, pulling industrials names from the largest 1,000 US stocks—effectively lopping off small-caps. The fund’s factors—size, value (also called relative price) and profitability—are not used in selection, and serve to modify rather than completely replace market-cap weighting.The size factor breaks the eligible universe into three buckets, with the smallest funds (ranked 201 to 1000 by size) receiving the largest overweight; expect a bias to midcaps rather than small-caps. The value factor relies on price/book as a signal and groups stocks accordingly into 5 buckets. Stocks with the lowest valuation receive the greatest overweight. The profitability factor (operating profit to book value) is treated in the same manner as the value factor. The momentum factor, based on 11-month returns, serves as a kind of spoiler, wherein smaller low-momentum stocks are barred from receiving an overweight they might otherwise earn.JHMI charges a reasonable fee for alternative-weighted sector exposure.

Trading Details for John Hancock Multi-Factor Industrials ETF (JHMI)

The John Hancock Multi-Factor Industrials ETF (JHMI) ETF trades with the following key details for trading and market data as of writing date Dec 5, 2019:

Expense Ratio (%)0.5%
Dividend FrequencySemi-Annually
52-week Price Range$28.57 - $40
Per ETF Share Price$39.1
Other Similar or Competitor ETFsFXR, AIRR, INDF, XLI, VIS
Commission-Free AvailabilityNA

List of Similar ETFs

- First Trust Industrials-Producer Durables AlphaDEX Fund (FXR)
- First Trust RBA American Industrial Renaissance ETF (AIRR)
- Industrial Select Sector SPDR Fund (XLI)
- Vanguard Industrial ETF (VIS)

List of ETFs Belonging to Similar Categories

- List of All Growth ETFs

Other ETF Categories

 ◐ List of 1.25x Leveraged Equities ETFs
 ◐ List of 2x Leveraged Bond ETFs
 ◐ List of 2x Leveraged Equities ETFs
 ◐ List of 3x Leveraged Bond ETFs
 ◐ List of 3x Leveraged Equities ETFs
 ◐ List of 5g ETFs
 ◐ List of Africa ETFs
 ◐ List of Agriculture ETFs
 ◐ List of Airlines ETFs
 ◐ List of All Term Duration Bond ETFs
 ◐ List of Alternatives ETFs
 ◐ List of Aluminum ETFs
 ◐ List of Asia ETFs
 ◐ List of Bank ETFs
 ◐ List of Biofuels ETFs
 ◐ List of Biotech ETFs
 ◐ List of Blend ETFs
 ◐ List of Blockchain ETFs
 ◐ List of Bond Duration ETFs
 ◐ List of Brazil ETFs
 ◐ List of Broad Asia ETFs
 ◐ List of China ETFs
 ◐ List of Clean Energy ETFs
 ◐ List of Coffee ETFs
 ◐ List of Developed Asia ETFs
 ◐ List of Dogs Of The Dow ETFs
 ◐ List of Emerging Asia ETFs
 ◐ List of Gaming ETFs
 ◐ List of Gold ETFs
 ◐ List of Growth ETFs
 ◐ List of Hedge Fund ETFs
 ◐ List of India ETFs
 ◐ List of Intermediate Term Duration Bond ETFs
 ◐ List of Internet ETFs
 ◐ List of Inverse Bond ETFs
 ◐ List of Inverse Equity ETFs
 ◐ List of Inverse Market Cap ETFs
 ◐ List of Inverse S&p 500 ETFs
 ◐ List of Inverse Vix ETFs
 ◐ List of Iron ETFs
 ◐ List of Large Cap Blend ETFs
 ◐ List of Large Cap ETFs
 ◐ List of Leveraged Bond ETFs
 ◐ List of Leveraged Equities ETFs
 ◐ List of Leveraged Reit ETFs
 ◐ List of Long Term Duration Bond ETFs
 ◐ List of Low Volatility ETFs
 ◐ List of Mbs ETFs
 ◐ List of Meat ETFs
 ◐ List of Mega Cap Blend ETFs
 ◐ List of Mega Cap ETFs
 ◐ List of Mexico ETFs
 ◐ List of Micro Cap Blend ETFs
 ◐ List of Micro Cap ETFs
 ◐ List of Mid Cap Blend ETFs
 ◐ List of Mid Cap ETFs
 ◐ List of Multi Cap Blend ETFs
 ◐ List of Nasdaq 100 ETFs
 ◐ List of Nasdaq ETFs
 ◐ List of Natural Resources ETFs
 ◐ List of Negative Duration Bond ETFs
 ◐ List of No Underlying Index ETFs
 ◐ List of Palladium ETFs
 ◐ List of Pharmaceutical ETFs
 ◐ List of Platinum ETFs
 ◐ List of Precious Metals ETFs
 ◐ List of Preferred Stock ETFs
 ◐ List of Quant ETFs
 ◐ List of Reit ETFs
 ◐ List of Renewable Energy ETFs
 ◐ List of Robotics ETFs
 ◐ List of Russia ETFs
 ◐ List of S&p 500 ETFs
 ◐ List of S&p Index ETFs
 ◐ List of Semiconductor ETFs
 ◐ List of Short Term Duration Bond ETFs
 ◐ List of Silver Miners ETFs
 ◐ List of Silver ETFs
 ◐ List of Small Cap Blend ETFs
 ◐ List of Small Cap ETFs
 ◐ List of Socially Responsible ETFs
 ◐ List of Softs ETFs
 ◐ List of Software ETFs
 ◐ List of Solar Energy ETFs
 ◐ List of South Africa ETFs
 ◐ List of Steel ETFs
 ◐ List of Technology ETFs
 ◐ List of Telecom ETFs
 ◐ List of Tips ETFs
 ◐ List of Transportation ETFs
 ◐ List of Ultra Short Term Duration Bond ETFs
 ◐ List of Utilities ETFs
 ◐ List of Value ETFs
 ◐ List of Volatility ETFs
 ◐ List of Water ETFs
 ◐ List of Zero Duration Bond ETFs

Search This Site