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ETFs

John Hancock Multifactor Mid Cap ETF

JHMM
$—
Today’s Change
— (—)

Snapshot
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Inception Date
Sep 28, 2015
Expense Ratio
0.41%
Type
US Equities
Fund Owner
John Hancock Funds
Volume (1m avg. daily)
$11,137,022
AUM
$3,078,677,160
Associated Index
John Hancock Dimensional Mid Cap Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

DHI
D.R. Horton Inc.
0.56%
URI
United Rentals, Inc.
0.54%
AMP
Ameriprise Financial Inc
0.47%
AME
Ametek Inc
0.45%
GWW
W.W. Grainger Inc.
0.43%
HIG
Hartford Financial Services Group Inc.
0.42%
ROK
Rockwell Automation Inc
0.41%
LEN
Lennar Corp. - Ordinary Shares - Class A
0.41%
CDW
CDW Corp
0.4%
FANG
Diamondback Energy Inc
0.39%
Invest with JHMM
Trade JHMM Options

What is JHMM?

John Hancock Multifactor Mid Cap ETF seek to provide investment results that closely correspond, before fees and expenses, to the performance of the John Hancock Dimensional Mid Cap Index (the Index). The benchmark index is represented by the John Hancock Dimensional Mid Cap Index, a rules-based index of mid-cap U.S. stocks that have been selected based on sources of expected returns. Securities eligible for inclusion in the index are classified according to their market capitalization, relative price, and profitability, and are weighted accordingly in favor of smaller, less expensive, more profitable companies. The index is reconstituted and rebalanced on a semiannual basis. Index performance assumes reinvestment of dividends and does not reflect the management fees, operating expenses, transaction costs, and other expenses that apply to an ETF.

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

for the time period Sep 29, 2015 to Dec 4, 2025

Returns

1M Trailing Return: 3.1%

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

3M Trailing Return: 2.3%

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

Measures of Risk or Volatility

Max Drawdown: -40.7%

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

Standard Deviation: 19.6%

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: 0.65

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: 0.28

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

ETFs related toJHMM

ETFs correlated to JHMM include IWR, SCHM, IWS

JHMM
John Hancock Investment Management LLC - John Hancock Multifactor Mid Cap ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap ETF
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF
IWS
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Value ETF
SPMD
SPDR Series Trust - SPDR Portfolio S&P 400 Mid Cap ETF
IJH
BlackRock Institutional Trust Company N.A. - iShares Core S&P Mid-Cap ETF
MIDU
Direxion Shares ETF Trust - Direxion Daily Mid Cap Bull 3x Shares
IMCB
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap ETF
MDY
State Street Global Advisors - S&P MidCap 400 ETF
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight ETF
IVOO
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 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

JHMM is a US Equities ETF. John Hancock Multifactor Mid Cap ETF seek to provide investment results that closely correspond, before fees and expenses, to the performance of the John Hancock Dimensional Mid Cap Index (the Index). The benchmark index is represented by the John Hancock Dimensional Mid Cap Index, a rules-based index of mid-cap U.S. stocks that have been selected based on sources of expected returns. Securities eligible for inclusion in the index are classified according to their market capitalization, relative price, and profitability, and are weighted accordingly in favor of smaller, less expensive, more profitable companies. The index is reconstituted and rebalanced on a semiannual basis. Index performance assumes reinvestment of dividends and does not reflect the management fees, operating expenses, transaction costs, and other expenses that apply to an ETF.

JHMM tracks the John Hancock Dimensional Mid Cap Index.

No, JHMM 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, JHMM 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 JHMM is -0.0202%. This is the percent change in the value of JHMM over the most recent 1-month period. The 3-month return on JHMM is -0.0113%. This is the percent change in the value of JHMM over the most recent 3-month period.

The standard deviation of JHMM for the past year is 0.1904%. 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 JHMM include SPHQ, DSI, and QUAL.

ETFs correlated to JHMM include IWR, SCHM, and IWS.

ETFs that are inversely correlated to JHMM include TZA, TWM, and RWM.

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.