Snapshot*
Top 10 Holdings
What is JHMB?
Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in mortgage-backed securities. The fund may invest in mortgage-related securities issued or guaranteed by U.S. governmental entities and privately issued mortgage-related securities. These may include residential mortgage-backed securities, commercial mortgage-backed securities and to-be-announced mortgage contracts, and may be rated investment grade or below.
ETFs related toJHMB
ETFs correlated to JHMB include IBDY, PYLD, BINC
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 toJHMB
Rotating Bonds
Create your own algorithmic trading strategy with JHMB using Composer
News Related to JHMB
'Moody's Downgrades Fannie And Freddie Following U.S. Sovereign Credit Cut' - National Mortgage Professional
May 20, 2025 • by Benzinga NewsdeskWatching Fannie Mae; Shares Fall From Highs, Social Media Circulations Suggest Omeed Malik Will Be Joining The Board Of Fannie Mae, Effectively Immediately
Apr 14, 2025 • by Benzinga NewsdeskWatching Fannie Mae; Shares Move Higher, Traders Circulate Social Media Mentions On The Company
Apr 14, 2025 • by Benzinga NewsdeskFAQ
Disclaimers
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.