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ETFs

John Hancock Multifactor Developed International ETF

JHMD
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Dec 15, 2016
Expense Ratio
0.39%
Type
Global Equities
Fund Owner
John Hancock Funds
Volume (1m avg. daily)
$530,527
AUM
$498,539,811
Associated Index
John Hancock Dimensional Developed International Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

TTE
TotalEnergies SE
1.55%
SHEL
Shell Plc
1.41%
NOVO B
Novo Nordisk - Ordinary Shares - Class B
1.35%
NESN
Nestle SA
1.27%
ASML
ASML Holding NV
1.05%
BP.
BP plc
0.99%
NOVN
Novartis AG - Registered Shares
0.98%
7203
Toyota Motor Corporation
0.94%
MC
Lvmh Moet Hennessy Vuitton SE
0.9%
WKL
Wolters Kluwers NV
0.83%
Invest with JHMD
Trade JHMD Options

What is JHMD?

The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the fund s benchmark index, in depositary receipts representing securities included in the fund s benchmark index and in underlying stocks in respect of depositary receipts included in the fund s benchmark index. The Index is designed to comprise a subset of securities of companies associated with developed markets outside the U.S. and Canada. Eligible companies are generally considered to be those with market capitalizations in the top 85% of the eligible country and the top 90% of all companies in the 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, securities are classified according to their market capitalization, relative price, and profitability.

1M
3M
6M
YTD
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3Y
Max
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JHMD
Performance Measures**

for the time period Dec 16, 2016 to Dec 4, 2025

Returns

1M Trailing Return: 2.8%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 4.4%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -35.7%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 17.2%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.57

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.24

The annualized return divided by the max drawdown for the selected time period.

ETFs related toJHMD

ETFs correlated to JHMD include IEFA, EFA, DFAI

JHMD
John Hancock Investment Management LLC - John Hancock Multifactor Developed International ETF
IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE ETF
EFA
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE ETF
DFAI
Dimensional ETF Trust - Dimensional International Core Equity Market ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
BKIE
BNY Mellon ETF Trust - BNY Mellon International Equity ETF
SCHF
Schwab Strategic Trust - Schwab International Equity ETF
BBIN
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders International Equity ETF
ESGD
iShares Trust - iShares Trust iShares ESG Aware MSCI EAFE ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
DFIC
Dimensional ETF Trust - Dimensional International Core Equity 2 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.

FAQ

JHMD is a Global Equities ETF. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the fund s benchmark index, in depositary receipts representing securities included in the fund s benchmark index and in underlying stocks in respect of depositary receipts included in the fund s benchmark index. The Index is designed to comprise a subset of securities of companies associated with developed markets outside the U.S. and Canada. Eligible companies are generally considered to be those with market capitalizations in the top 85% of the eligible country and the top 90% of all companies in the 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, securities are classified according to their market capitalization, relative price, and profitability.

JHMD tracks the John Hancock Dimensional Developed International Index.

No, JHMD 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, JHMD 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 JHMD is 0.0053%. This is the percent change in the value of JHMD over the most recent 1-month period. The 3-month return on JHMD is -0.0076%. This is the percent change in the value of JHMD over the most recent 3-month period.

The standard deviation of JHMD for the past year is 0.1703%. 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 JHMD include PBW, IGF, and ARKK.

ETFs correlated to JHMD include IEFA, EFA, and DFAI.

ETFs that are inversely correlated to JHMD include EFZ, EPV, and SH.

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.