John Hancock Exchange Traded Etf Profile
JHMU Etf | USD 26.58 0.01 0.04% |
Performance3 of 100
| Odds Of DistressLess than 9
|
John Hancock is selling for under 26.58 as of the 23rd of November 2024; that is 0.04 percent up since the beginning of the trading day. The etf's last reported lowest price was 26.58. John Hancock has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for John Hancock Exchange Traded are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of November 2023 and ending today, the 23rd of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in securities that compose the funds index. John Hancock is traded on NYSEARCA Exchange in the United States. More on John Hancock Exchange Traded
Moving against John Etf
John Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Municipals ETFs, Broad Municipals ETFs, Utilities, John Hancock (View all Sectors) |
Issuer | John Hancock |
Inception Date | 2023-10-31 |
Entity Type | Regulated Investment Company |
Asset Under Management | 23.9 Million |
Average Trading Valume | 6,144.4 |
Asset Type | Fixed Income |
Category | Municipals |
Focus | Broad Municipals |
Market Concentration | Developed Markets |
Region | North America |
Administrator | John Hancock Investment Management LLC |
Advisor | John Hancock Investment Management LLC |
Custodian | State Street Bank and Trust Company |
Distributor | Foreside Fund Services, LLC |
Portfolio Manager | Adam Weigold, Dennis DiCicco |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 30-Apr |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 108 |
Market Maker | RBC Capital Markets |
Total Expense | 1.5 |
Management Fee | 0.32 |
Country Name | USA |
Name | John Hancock Exchange-Traded Fund Trust |
Currency Code | USD |
Open Figi | BBG01JZN5SG4 |
In Threey Volatility | 19.71 |
1y Volatility | 22.29 |
200 Day M A | 26.721 |
50 Day M A | 26.6326 |
Code | JHMU |
Updated At | 23rd of November 2024 |
Currency Name | US Dollar |
In Threey Sharp Ratio | 0.1 |
Type | ETF |
John Hancock Exchange Traded [JHMU] is traded in USA and was established 2016-03-28. The fund is listed under Utilities category and is part of John Hancock family. The entity is thematically classified as Municipals ETFs. John Hancock Exchange currently have 18.61 M in assets under management (AUM). , while the total return for the last 3 years was 7.1%.
Check John Hancock Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on John Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding John Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as John Hancock Exchange Traded Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top John Hancock Exchange Traded Etf Constituents
OKE | ONEOK Inc | Stock | Energy | |
D | Dominion Energy | Stock | Utilities | |
AEE | Ameren Corp | Stock | Utilities | |
EXC | Exelon | Stock | Utilities | |
XEL | Xcel Energy | Stock | Utilities | |
WEC | WEC Energy Group | Stock | Utilities | |
SRE | Sempra Energy | Stock | Utilities | |
SO | Southern Company | Stock | Utilities |
John Hancock Exchange Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in John Hancock. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.0206 | |||
Jensen Alpha | 0.0124 | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.42) |
John Hancock Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John Hancock Exchange Traded. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of John Hancock Exchange is measured differently than its book value, which is the value of John that is recorded on the company's balance sheet. Investors also form their own opinion of John Hancock's value that differs from its market value or its book value, called intrinsic value, which is John Hancock's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because John Hancock's market value can be influenced by many factors that don't directly affect John Hancock's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between John Hancock's value and its price as these two are different measures arrived at by different means. Investors typically determine if John Hancock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, John Hancock's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.