John Hancock Multifactor Consumer Discretionary ETF
ALTAR
Score™
3.8% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
61.2x P/Sales
ratio
1.8x
P/BV
ratio
6.4x Div.
yield
0.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The John Hancock Multifactor Consumer Discretionary ETF tracks an index of US consumer discretionary stocks, weighted for exposure to 4 factors: small size, low relative price, high profitability and high momentum.

FUND BASICS
Category US Equities
Fund Sponsor John Hancock
Website etf.jhinvestments.com
Inception date Sep 28, 2015
Assets (mns) $40
Currency USD
Expense ratio 40 bp
Distributions Semi-Annually

FUND STRUCTURE
Regulation Open-End Investment Company
Custodian
Weighting Multi-Factor
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 113
Wgt avg mkt cap (mns) $156,326
Large cap (>$10bn) 79.2%
Mid cap ($2-10bn) 19.5%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
AMAZON.COM INC 5.4 %
HOME DEPOT INC 4.8 %
TESLA MOTORS INC 3.7 %
NIKE INC -CL B 3.5 %
TARGET CORP 3.1 %
BEST BUY CO INC 3.0 %
TJX COMPANIES INC 3.0 %
LOWE'S COS INC 2.7 %
MCDONALD'S CORP 2.7 %
BOOKING HOLDINGS INC. 2.2 %
Total 34.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.7 %
IRELAND 0.9 %
SWITZERLAND 0.8 %
BERMUDA 0.3 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
9.4% 17.1% -- -- 10.9%

Market Correlations
versus... Beta R-squared
S&P500 1.31 92%
MSCI EAFE 1.38 84%
MSCI Emg. Mkts. 0.99 69%

Technical Indicators
Recent close $40.49
30d moving avg. $39.50
Annualized volatility 24.2%
Short interest (ETF) 0.1%
Relative strength (RSI) 57

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.1%
Bid/Ask (% of price) 0.22%
ADV underlying (mns) $83,909

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the John Hancock Multifactor Consumer Discretionary ETF ETF based on the alternatives' overlap in portfolio holdings with JHMC. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: JHMC Expense: 40 bp ALTAR Score™: 3.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH JHMC
Ticker Fund
Name
Overlap1
vs JHMC
(%)
Expense
ratio
(bp)
Savings
vs JHMC
(bp)
ALTAR
Score™
(%)
ALTAR
vs JHMC
(%)
VCR Vanguard Consumer Discretionary Index Fund 58.6 10 30 3.7 -0.1
XLY Consumer Discretionary Select Sector SPDR Fund 56.3 13 27 4.0 +0.2
FDIS Fidelity MSCI Consumer Discretionary Index ETF 54.3 8 32 3.3 -0.5
RCD Invesco S&P 500 Equal Weight Consumer Discretionary ETF 51.3 40 0 5.4 +1.6
IEDI iShares Evolved U.S. Discretionary Spending ETF 49.0 18 22 3.5 -0.3
IYC iShares U.S. Consumer Services ETF 46.7 43 -3 3.6 -0.2
RXI iShares Global Consumer Discretionary ETF 43.0 46 -6 4.7 +0.9
FXD First Trust Consumer Discretionary AlphaDEX Fund 41.4 64 -24 5.4 +1.6
FTXD First Trust Nasdaq Retail ETF 32.5 60 -20 5.6 +1.8
MILN Global X Millennials Thematic ETF 31.6 50 -10 2.2 -1.6
RTH VanEck Vectors Retail ETF 31.5 35 5 5.0 +1.2
PEZ Invesco DWA Consumer Cyclicals Momentum ETF 24.6 60 -20 0.4 -3.5
XRT SPDR S&P Retail ETF 24.1 35 5 5.6 +1.8
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 23.3 75 -35 5.2 +1.4
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 20.8 75 -35 2.3 -1.5
DWEQ AdvisorShares Dorsey Wright Alpha Equal Weight ETF 19.5 99 -59 1.6 -2.3
IYK iShares U.S. Consumer Goods ETF 18.9 43 -3 4.7 +0.9
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 17.6 60 -20 3.7 -0.1
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 17.4 75 -35 3.7 -0.1
MGK Vanguard Mega Cap Growth ETF 17.2 7 33 3.9 +0.1
GBUY Goldman Sachs Motif New Age Consumer ETF 17.1 50 -10 1.7 -2.1
VUG Vanguard Growth Index Fund 16.4 4 36 3.8 -0.0
IBUY Amplify Online Retail ETF 16.2 65 -25 -1.1 -5.0
FLQL Franklin LibertyQ U.S. Equity ETF 15.5 15 25 6.0 +2.2
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 15.4 30 10 5.5 +1.7
FTC First Trust Large Cap Growth AlphaDEX Fund 15.3 61 -21 2.7 -1.2
RPG Invesco S&P 500 Pure Growth ETF 15.2 35 5 4.3 +0.5
JMOM JPMorgan U.S. Momentum Factor ETF 15.1 12 28 3.3 -0.5
XOUT GraniteShares XOUT U.S. Large Cap ETF 15.0 60 -20 4.0 +0.1
PNQI Invesco NASDAQ Internet ETF 14.9 60 -20 0.9 -2.9
STLG iShares Factors US Growth Style ETF 14.9 25 15 4.1 +0.2
NULG Nuveen ESG Large-Cap Growth ETF 14.8 35 5 3.6 -0.2
SFYF SoFi 50 ETF 14.8 29 11 2.0 -1.8
SPXT ProShares S&P 500 Ex-Technology ETF 14.7 27 13 5.4 +1.6
ESGV Vanguard ESG U.S. Stock ETF 14.7 12 28 4.9 +1.1
IWF iShares Russell 1000 Growth ETF 14.6 19 21 3.6 -0.2
TMFC Motley Fool 100 Index ETF 14.6 50 -10 3.3 -0.5
GENY Principal Millennials Index ETF 14.5 45 -5 3.7 -0.2
JOYY Infusive Compounding Global Equities ETF 14.5 50 -10 3.6 -0.2
ECOZ TrueMark ESG Active Opportunities ETF 14.4 58 -18 3.6 -0.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 14.4 29 11 5.8 +2.0
VONG Vanguard Russell 1000 Growth Index Fund 14.4 8 32 3.7 -0.1
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 14.3 15 25 6.6 +2.8
SLT Salt TruBeta High Exposure ETF 14.2 60 -20 3.2 -0.6
IQSU IQ Candriam ESG US Equity ETF 14.2 9 31 4.9 +1.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 13.9 9 31 5.4 +1.5
TTAC TrimTabs All Cap U.S. Free-Cash-Flow ETF 13.9 59 -19 3.8 -0.0
JKE iShares Morningstar Large-Cap Growth ETF 13.8 25 15 2.9 -1.0
IWY iShares Russell Top 200 Growth ETF 13.8 20 20 3.7 -0.1
SCHG Schwab U.S. Large-Cap Growth ETF 13.6 4 36 3.4 -0.5
JQUA JPMorgan U.S. Quality Factor ETF 13.6 12 28 5.2 +1.4
VIG Vanguard Dividend Appreciation Index Fund 13.6 6 34 5.1 +1.3
COWZ Pacer US Cash Cows 100 ETF 13.5 49 -9 11.5 +7.6
FTCS First Trust Capital Strength ETF 13.5 58 -18 4.7 +0.9
FDG American Century Focused Dynamic Growth ETF 13.5 45 -5 1.6 -2.2
SYG SPDR MFS Systematic Growth Equity ETF 13.3 60 -20 3.9 +0.1
STLC iShares Factors US Blend Style ETF 13.3 25 15 5.1 +1.3
SPXV ProShares S&P 500 Ex-Health Care ETF 13.2 27 13 4.8 +1.0
IWP iShares Russell Mid-Cap Growth ETF 13.2 24 16 2.9 -1.0
SHE SPDR SSGA Gender Diversity Index ETF 13.2 20 20 4.7 +0.9
VOOG Vanguard S&P 500 Growth ETF 13.1 10 30 4.1 +0.3
IUSG iShares Core S&P US Growth ETF 13.1 4 36 4.2 +0.4
ESG FlexShares STOXX US ESG Impact Index Fund 13.1 32 8 4.9 +1.1
SPXN ProShares S&P 500 Ex-Financials ETF 13.1 27 13 4.8 +0.9
PLAT WisdomTree Modern Tech Platforms Fund 13.0 20 20 1.5 -2.3
QUAL iShares MSCI Usa Quality Factor ETF 13.0 15 25 5.2 +1.4
AIEQ AI Powered Equity ETF 13.0 87 -47 2.7 -1.1
VIRS Pacer BioThreat Strategy ETF 12.9 70 -30 4.5 +0.7
NACP Impact Shares NAACP Minority Empowerment ETF 12.9 75 -35 4.7 +0.8
IVW iShares S&P 500 Growth ETF 12.9 18 22 16.7 +12.9
SPYG SPDR Portfolio S&P 500 Growth ETF 12.9 4 36 4.2 +0.4
BKLC BNY Mellon US Large Cap Core Equity ETF 12.9 0 40 4.9 +1.1
MGC Vanguard Mega Cap Index Fund 12.9 7 33 5.0 +1.1
PDP Invesco DWA Momentum ETF 12.8 62 -22 2.3 -1.5
QYLD Global X NASDAQ 100 Covered Call ETF 12.8 60 -20 3.4 -0.4
FDMO Fidelity Momentum Factor ETF 12.6 29 11 3.2 -0.6
IWL iShares Russell Top 200 ETF 12.6 15 25 4.8 +0.9
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 12.6 60 -20 3.4 -0.4
FCTR First Trust Lunt U.S. Factor Rotation ETF 12.6 65 -25 2.9 -1.0
ENTR Entrepreneur 30 Fund 12.6 49 -9 1.2 -2.7
ACIO Aptus Collared Income Opportunity ETF 12.6 79 -39 4.2 +0.4
QSY WisdomTree U.S. LargeCap Value Fund 12.6 38 2 6.5 +2.7
SPMO Invesco S&P 500 Momentum ETF 12.5 13 27 3.9 +0.1
QGRO American Century STOXX U.S. Quality Growth ETF 12.5 29 11 3.7 -0.1
MXDU Nationwide Maximum Diversification US Core Equity ETF 12.5 34 6 4.6 +0.7
MMLG First Trust Multi-Manager Large Growth ETF 12.4 85 -45 2.0 -1.8
BKSE BNY Mellon US Small Cap Core Equity ETF 12.4 4 36 5.6 +1.8
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 12.4 10 30 5.2 +1.3
SUSL iShares ESG MSCI USA Leaders ETF 12.4 10 30 5.1 +1.3
AVUS Avantis U.S. Equity ETF 12.4 15 25 5.4 +1.6
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 12.4 7 33 5.0 +1.2
QQQ Invesco QQQ Trust 12.3 20 20 3.7 -0.1
QQQM Invesco NASDAQ 100 ETF 12.3 15 25 3.8 +0.0
RAFE PIMCO RAFI ESG U.S. ETF 12.3 29 11 7.5 +3.7
FDLO Fidelity Low Volatility Factor ETF 12.3 29 11 5.1 +1.3
SCHK Schwab 1000 Index ETF 12.3 5 35 5.0 +1.2
IYY iShares Dow Jones U.S. ETF 12.3 20 20 4.9 +1.0
SCHX Schwab U.S. Large-Cap ETF 12.3 3 37 5.0 +1.2
VV Vanguard Large-Cap Index Fund 12.2 4 36 5.0 +1.2

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 Consumer Discretionary ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 23.8 %
Divided by: Fwd. P/BV 5.6 x
Less: Expense ratio 40 bp
Equals: ALTAR Score 3.8 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.48 CATEGORY
AVERAGE
1.51
 
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.