John Hancock Multifactor Media & Communications ETF
ALTAR
Score™
5.6% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
25.5x P/Sales
ratio
2.2x
P/BV
ratio
2.6x Div.
yield
1.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
JHCS seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the John Hancock Dimensional Media and Communications Index.

FUND BASICS
Category US Equities
Fund Sponsor John Hancock
Website www.jhinvestments.com
Inception date Mar 12, 2019
Assets (mns) $26
Currency USD
Expense ratio 40 bp
Distributions Semi-annual

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Fundamental
Index replication
Uses derivatives Yes
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 54
Wgt avg mkt cap (mns) $181,522
Large cap (>$10bn) 89.7%
Mid cap ($2-10bn) 10.3%
Small cap (<$2bn) 0.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
NETFLIX INC 7.1 %
FACEBOOK 6.8 %
VERIZON COMMUNICATIONS INC 5.9 %
COMCAST CORP-CL A 5.6 %
AT&T INC 4.9 %
WALT DISNEY CO/THE 4.7 %
CHARTER COMMUNICATIONS, INC. CLASS 4.6 %
ACTIVISION BLIZZARD INC 3.7 %
T-MOBILE US, INC. 3.4 %
TWITTER INC 3.2 %
Total 49.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.3 %
LUXEMBOURG 3.3 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-3.6% 3.8% -- -- 8.6%

Market Correlations
versus... Beta R-squared
S&P500 1.02 93%
MSCI EAFE 1.01 84%
MSCI Emg. Mkts. 0.75 72%

Technical Indicators
Recent close $27.58
30d moving avg. $27.36
Annualized volatility 22.7%
Short interest (ETF) 0.0%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 5
Turnover 0.5%
Bid/Ask (% of price) 0.33%
ADV underlying (mns) $31,373

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the John Hancock Multifactor Media & Communications ETF ETF based on the alternatives' overlap in portfolio holdings with JHCS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: JHCS Expense: 40 bp ALTAR Score™: 5.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH JHCS
Ticker Fund
Name
Overlap1
vs JHCS
(%)
Expense
ratio
(bp)
Savings
vs JHCS
(bp)
ALTAR
Score™
(%)
ALTAR
vs JHCS
(%)
EWCO Invesco S&P 500 Equal Weight Communication Services ETF 66.0 40 0 7.7 +2.1
FCOM Fidelity MSCI Telecommunication Services Index ETF 65.4 8 32 5.0 -0.6
VOX Vanguard Telecommunication Services Index Fund 64.1 10 30 4.9 -0.7
XLC The Communication Services Select Sector SPDR Fund 63.5 13 27 5.9 +0.3
IEME iShares Evolved U.S. Media & Entertainment ETF 52.3 18 22 7.4 +1.8
IXP iShares Global Comm Services ETF 44.9 46 -6 5.7 +0.1
PBS Invesco Dynamic Media ETF 32.9 63 -23 5.3 -0.3
MILN Global X Millennials Thematic ETF 25.5 50 -10 2.5 -3.1
SOCL Global X Social Media ETF 23.2 65 -25 2.0 -3.6
JOYY Infusive Compounding Global Equities ETF 22.9 50 -10 3.8 -1.8
FDN First Trust Dow Jones Internet Index Fund 22.9 52 -12 2.2 -3.4
IYC iShares U.S. Consumer Services ETF 21.4 42 -2 4.2 -1.4
GENY Principal Millennials Index ETF 19.7 45 -5 3.8 -1.8
VEGN US Vegan Climate ETF 19.5 60 -20 5.2 -0.4
PNQI Invesco NASDAQ Internet ETF 19.4 62 -22 1.1 -4.5
FMK First Trust Mega Cap AlphaDEX Fund 19.0 70 -30 5.2 -0.4
IYZ iShares U.S. Telecommunications ETF 18.9 42 -2 7.5 +1.9
GVIP Goldman Sachs Hedge Industry VIP ETF 18.4 45 -5 4.7 -0.9
QYLD Global X NASDAQ 100 Covered Call ETF 18.0 60 -20 3.5 -2.1
NUSI Nationwide Risk-Managed Income ETF 18.0 68 -28 3.5 -2.1
QQQ Invesco QQQ Trust 17.7 20 20 3.9 -1.7
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 17.5 12 28 4.9 -0.7
XLG Invesco S&P 500 Top 50 ETF 17.1 20 20 4.5 -1.1
ENTR Entrepreneur 30 Fund 16.5 49 -9 2.6 -3.0
GBUY Goldman Sachs Motif New Age Consumer ETF 16.4 50 -10 1.9 -3.7
OGIG O'Shares Global Internet Giants ETF 16.3 48 -8 0.7 -4.9
IGM iShares Expanded Tech Sector ETF 16.2 46 -6 3.8 -1.8
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 15.5 21 19 3.0 -2.6
MGK Vanguard Mega Cap Growth ETF 15.1 7 33 4.2 -1.4
SPXT ProShares S&P 500 Ex-Technology ETF 14.8 27 13 5.7 +0.1
OEF iShares S&P 100 ETF 14.6 20 20 4.8 -0.8
JKE iShares Morningstar Large-Cap Growth ETF 14.4 25 15 2.9 -2.7
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 14.0 60 -20 3.7 -1.9
IETC iShares Evolved U.S. Technology ETF 13.9 18 22 3.8 -1.8
TTTN UP Fintech China-U.S. Internet Titans ETF 13.8 59 -19 4.3 -1.3
BVAL Brand Value ETF 13.8 65 -25 6.2 +0.6
VUG Vanguard Growth Index Fund 13.7 4 36 4.1 -1.5
SCHG Schwab U.S. Large-Cap Growth ETF 13.7 4 36 4.2 -1.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 13.5 47 -7 6.5 +0.9
CACG ClearBridge All Cap Growth ETF 13.4 54 -14 4.4 -1.2
HIPR Direxion High Growth ETF 13.3 40 0 2.9 -2.7
XWEB SPDR S&P Internet ETF 13.3 35 5 -0.2 -5.8
XTL SPDR S&P Telecom ETF 13.2 35 5 4.2 -1.4
LRGE ClearBridge Large Cap Growth ESG ETF 13.2 59 -19 3.8 -1.8
DSI iShares MSCI KLD 400 Social ETF 13.1 25 15 5.2 -0.4
IWY iShares Russell Top 200 Growth ETF 13.0 20 20 4.2 -1.4
ACSI American Customer Satisfaction Core Alpha ETF 12.9 66 -26 5.8 +0.2
SYG SPDR MFS Systematic Growth Equity ETF 12.8 60 -20 4.3 -1.3
ESG FlexShares STOXX US ESG Impact Index Fund 12.7 32 8 5.1 -0.5
VOOG Vanguard S&P 500 Growth ETF 12.7 10 30 4.3 -1.3
SPYG SPDR Portfolio S&P 500 Growth ETF 12.6 4 36 4.4 -1.2
IVW iShares S&P 500 Growth ETF 12.6 18 22 4.2 -1.4
SPXV ProShares S&P 500 Ex-Health Care ETF 12.6 27 13 5.1 -0.5
NACP Impact Shares NAACP Minority Empowerment ETF 12.5 75 -35 4.6 -1.0
PEZ Invesco DWA Consumer Cyclicals Momentum ETF 12.5 60 -20 3.0 -2.6
ALFA AlphaClone Alternative Alpha ETF 12.4 65 -25 3.4 -2.2
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 12.3 15 25 6.9 +1.3
SPXN ProShares S&P 500 Ex-Financials ETF 12.3 27 13 5.0 -0.6
IWL iShares Russell Top 200 ETF 12.3 15 25 5.1 -0.5
TMFC Motley Fool 100 Index ETF 12.2 50 -10 3.8 -1.8
FDL First Trust Morningstar Dividend Leaders Index Fund 12.1 45 -5 10.3 +4.7
IUSG iShares Core S&P US Growth ETF 12.0 4 36 4.4 -1.2
SNPE Xtrackers S&P 500 ESG ETF 12.0 11 29 5.2 -0.4
BKLC BNY Mellon US Large Cap Core Equity ETF 11.9 0 40 5.3 -0.3
IYW iShares U.S. Technology ETF 11.8 42 -2 4.0 -1.6
FXD First Trust Consumer Discretionary AlphaDEX Fund 11.8 64 -24 7.9 +2.3
MGC Vanguard Mega Cap Index Fund 11.7 7 33 5.3 -0.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 11.7 19 21 5.7 +0.1
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 11.6 15 25 6.3 +0.7
IWF iShares Russell 1000 Growth ETF 11.4 19 21 4.2 -1.4
XNTK SPDR NYSE Technology ETF 11.4 35 5 3.7 -1.9
GURU Global X Guru Index ETF 11.4 75 -35 3.9 -1.7
ARKW ARK Web x.0 ETF 11.4 76 -36 -0.8 -6.4
VONG Vanguard Russell 1000 Growth Index Fund 11.3 8 32 4.3 -1.3
DHS WisdomTree U.S. High Dividend Fund 11.3 38 2 8.7 +3.1
PWB Invesco Dynamic Large Cap Growth ETF 11.3 55 -15 3.4 -2.2
NULG Nuveen ESG Large-Cap Growth ETF 11.3 35 5 3.6 -2.0
EPS WisdomTree U.S. Earnings 500 Fund 11.2 8 32 6.5 +1.0
ESGV Vanguard ESG U.S. Stock ETF 11.2 12 28 5.2 -0.4
SPXE ProShares S&P 500 Ex-Energy ETF 11.1 27 13 5.4 -0.2
TECB iShares US Tech Breakthrough Multisector ETF 11.1 40 0 4.0 -1.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 11.0 20 20 5.4 -0.2
XOUT GraniteShares XOUT U.S. Large Cap ETF 11.0 60 -20 4.4 -1.2
USMF WisdomTree U.S. Multifactor Fund 11.0 28 12 5.5 -0.1
AIQ Global X Future Analytics Tech ETF 11.0 68 -28 3.9 -1.7
PBP Invesco S&P 500 BuyWrite ETF 10.9 49 -9 5.0 -0.6
EXT WisdomTree U.S. Total Earnings Fund 10.9 28 12 5.3 -0.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 10.9 7 33 5.3 -0.3
CATH Global X S&P 500 Catholic Values Custom ETF 10.8 29 11 5.3 -0.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 10.8 20 20 5.0 -0.6
FTCS First Trust Capital Strength ETF 10.8 58 -18 4.9 -0.7
SPY SPDR S&P 500 ETF Trust 10.8 9 31 5.4 -0.2
HDV iShares Core High Dividend ETF 10.8 8 32 6.8 +1.2
IVV iShares Core S&P 500 ETF 10.8 4 36 5.5 -0.1
SPLG SPDR Portfolio Large Cap ETF 10.8 3 37 5.5 -0.1
QUAL iShares MSCI Usa Quality Factor ETF 10.8 15 25 5.4 -0.2
HSPX Global X S&P 500 Covered Call ETF 10.7 65 -25 4.9 -0.7
VV Vanguard Large-Cap Index Fund 10.7 4 36 5.3 -0.3
VOO VANGUARD S&P 500 ETF 10.7 3 37 5.5 -0.1
PSJ Invesco Dynamic Software ETF 10.7 58 -18 3.9 -1.7

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
John Hancock Multifactor Media & Communications ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 14.9 %
Divided by: Fwd. P/BV 2.5 x
Less: Expense ratio 40 bp
Equals: ALTAR Score 5.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.50 CATEGORY
AVERAGE
1.52
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.