From Nasdaq: 2024-04-15 06:20:06

John Hancock Multifactor Large Cap ETF (JHML) debuted on 09/28/2015, offering exposure to the Style Box – Large Cap Blend category. Smart beta ETFs like JHML track non-cap weighted strategies and aim to beat the market by selecting stocks based on fundamental characteristics. JHML has an expense ratio of 0.29% and a 12-month trailing dividend yield of 1.31%.

The ETF’s top sectors include Information Technology, Financials, and Industrials, with Microsoft Corp, Apple Inc, and Amazon.com Inc being top holdings. JHML has shown a 6.65% gain year-to-date and a 23.16% gain over the past year, trading between $50.68 and $64.76 in the last 52 weeks. With 771 holdings, JHML diversifies company-specific risk.

Investors seeking to outperform the Style Box – Large Cap Blend segment may consider JHML, though alternatives like iShares Core S&P 500 ETF (IVV) and SPDR S&P 500 ETF (SPY) exist. IVV has $439.95 billion in assets with an expense ratio of 0.03%, while SPY has $519.49 billion with an expense ratio of 0.09%. Cheaper and lower-risk options are also available for investors.

For more information on JHML and other ETFs, visit Zacks ETF Center. The free Fund Newsletter from Zacks provides weekly updates on top-performing ETFs and market analysis. Consider alternative ETFs like IVV and SPY to make informed investment decisions in the ETF space.



Read more at Nasdaq: Is John Hancock Multifactor Large Cap ETF (JHML) a Strong ETF Right Now?