From Nasdaq:

The John Hancock Multifactor Large Cap ETF (JHML) is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Blend segment of the US equity market. It has amassed assets over $768.97 million, making it one of the larger ETFs attempting to match the Large Cap Blend segment of the US equity market.

Large cap companies typically have a market capitalization above $10 billion and are considered more stable and less volatile. Blend ETFs hold a mix of growth and value stocks. Annual operating expenses for this ETF are 0.29%, and it has a 12-month trailing dividend yield of 1.40%.

The JHML ETF has heaviest allocation to the Information Technology sector and the top 10 holdings account for about 19.11% of total assets under management, with sector allocation of about 23.60% to Information Technology.

The ETF has lost about -0.19% so far this year and was up about 16.55% in the last one year. It has a beta of 1.01 and standard deviation of 17.08% for the trailing three-year period, making it a medium risk choice in the space.

Investors might also want to consider some other ETF options in the space, such as the iShares Core S&P 500 ETF (IVV) and the SPDR S&P 500 ETF (SPY). Passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency.

Investors seeking exposure to the Style Box – Large Cap Blend area of the market can consider JHML. Moreover, there is the option to receive more ETF information through Zacks’ free Fund Newsletter.



Read more: Should John Hancock Multifactor Large Cap ETF (JHML) Be on Your Investing Radar?