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John Hancock Multifactor Emerging Markets ETF

JHEM
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Sep 27 2018
Expense Ratio
0.49%
Type
Global Ex. US Equities
Fund Owner
John Hancock Funds
Volume (1m avg. daily)
$292,222
AUM
$647,368,520
Associated Index
John Hancock Dimensional Emerging Markets Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

005930
Samsung Electronics
3.88%
2330
Taiwan Semiconductor Manufacturing
3.83%
700
Tencent Holdings Ltd.
3.35%
BABA
Alibaba Group Holding Ltd - ADR
1.60%
RIGD.LON.GBP
Reliance Industries Limited Sponsored GDR 144A
1.36%
500180
HDFC Bank Ltd.
1.33%
9988
Alibaba Group Holding Ltd
1.02%
INFO
IHS Markit Ltd
0.94%
532174
ICICI Bank Ltd.
0.86%
939
China Construction Bank Corp. - Ordinary Shares - Class H
0.84%
Invest with JHEM

What is JHEM?

John Hancock Multifactor Emerging Markets ETF seeks to pursue results that closely correspond, before fees and expenses, to the performance of the John Hancock Dimensional Emerging Markets Index. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the fund s Index, in depositary receipts representing securities included in the fund s Index, and in underlying stocks in respect of depositary receipts included in the fund s Index. The Index is designed to comprise a subset of securities of companies associated with emerging markets, which may include frontier markets (emerging markets in an earlier stage of development). Eligible companies are generally considered to be those with market capitalizations in the top 80% of an eligible country and the top 85% of all companies in eligible countries at the time of reconstitution. The selection and weighting of securities in the Index involves a rules-based process that may sometimes be referred to as multifactor investing, factor-based investing, strategic beta, or smart beta. With respect to each country, companies are classi ed according to their market capitalization, relative price, and pro tability.

ETFs related toJHEM

ETFs correlated to JHEM include DFAE, IEMG, AVEM

JHEM
John Hancock Investment Management LLC - John Hancock Multifactor Emerging Markets ETF
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity ETF
EEM
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets ETF
EDC
Direxion Shares ETF Trust - Direxion Daily Emerging Markets Bull 3X Shares
DFEM
Dimensional ETF Trust - Dimensional Emerging Markets Core Equity 2 ETF
VWO
Vanguard Group, Inc. - Vanguard FTSE Emerging Markets ETF
ESGE
iShares Trust - iShare Inc iShares ESG Aware MSCI EM ETF
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF
SCHE
Schwab Strategic Trust - Schwab Emerging Markets Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toJHEM

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#EMH

Emerging Markets with a Bond Hedge

Category

Momentum, Be Risk Aware, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with JHEM using Composer

FAQ

JHEM is a Global Ex. US Equities ETF. John Hancock Multifactor Emerging Markets ETF seeks to pursue results that closely correspond, before fees and expenses, to the performance of the John Hancock Dimensional Emerging Markets Index. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the fund s Index, in depositary receipts representing securities included in the fund s Index, and in underlying stocks in respect of depositary receipts included in the fund s Index. The Index is designed to comprise a subset of securities of companies associated with emerging markets, which may include frontier markets (emerging markets in an earlier stage of development). Eligible companies are generally considered to be those with market capitalizations in the top 80% of an eligible country and the top 85% of all companies in eligible countries at the time of reconstitution. The selection and weighting of securities in the Index involves a rules-based process that may sometimes be referred to as multifactor investing, factor-based investing, strategic beta, or smart beta. With respect to each country, companies are classi ed according to their market capitalization, relative price, and pro tability.

JHEM tracks the John Hancock Dimensional Emerging Markets Index.

No, JHEM is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, JHEM is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on JHEM is -0.007%. This is the percent change in the value of JHEM over the most recent 1-month period. The 3-month return on JHEM is -0.0172%. This is the percent change in the value of JHEM over the most recent 3-month period.

The standard deviation of JHEM for the past year is 0.1691%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to JHEM include PBW, IGF, and ARKK.

ETFs correlated to JHEM include DFAE, IEMG, and AVEM.

ETFs that are inversely correlated to JHEM include EDZ, YANG, and EFZ.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.