John Hancock Multifactor Consumer Discretionary ETF
ALTAR
Score™
4.1% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
63.3x P/Sales
ratio
1.7x
P/BV
ratio
5.8x Div.
yield
1.0%


  • 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) $39
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 114
Wgt avg mkt cap (mns) $197,813
Large cap (>$10bn) 81.6%
Mid cap ($2-10bn) 18.4%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
AMAZON.COM INC 8.9 %
HOME DEPOT INC 5.0 %
EBAY INC 3.8 %
NIKE INC -CL B 3.2 %
TARGET CORP 3.0 %
TESLA MOTORS INC 2.7 %
MCDONALD'S CORP 2.6 %
LOWE'S COS INC 2.6 %
BEST BUY CO INC 2.5 %
BOOKING HOLDINGS INC. 2.4 %
Total 36.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.7 %
SWITZERLAND 0.9 %
IRELAND 0.8 %
BERMUDA 0.3 %
BRITAIN 0.1 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru July 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-0.1% 6.2% -- -- 9.2%

Market Correlations
versus... Beta R-squared
S&P500 1.31 92%
MSCI EAFE 1.35 83%
MSCI Emg. Mkts. 0.97 70%

Technical Indicators
Recent close $37.84
30d moving avg. $35.60
Annualized volatility 23.5%
Short interest (ETF) 0.2%
Relative strength (RSI) 72

Liquidity measures
Avg. volume (thou.) 3
Turnover 0.3%
Bid/Ask (% of price) 0.23%
ADV underlying (mns) $67,475

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 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™: 4.1%


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
(%)
XLY Consumer Discretionary Select Sector SPDR Fund 58.4 13 27 4.0 -0.1
VCR Vanguard Consumer Discretionary Index Fund 58.0 10 30 3.8 -0.3
FDIS Fidelity MSCI Consumer Discretionary Index ETF 55.0 8 32 3.3 -0.8
RCD Invesco S&P 500 Equal Weight Consumer Discretionary ETF 52.7 40 0 6.1 +2.0
IEDI iShares Evolved U.S. Discretionary Spending ETF 51.7 18 22 3.4 -0.7
IYC iShares U.S. Consumer Services ETF 49.2 42 -2 3.8 -0.3
RXI iShares Global Consumer Discretionary ETF 45.7 46 -6 4.9 +0.9
FTXD First Trust Nasdaq Retail ETF 37.7 60 -20 4.9 +0.8
FXD First Trust Consumer Discretionary AlphaDEX Fund 35.4 64 -24 5.6 +1.5
RTH VanEck Vectors Retail ETF 33.0 35 5 4.7 +0.7
MILN Global X Millennials Thematic ETF 32.0 50 -10 2.3 -1.8
PEZ Invesco DWA Consumer Cyclicals Momentum ETF 27.6 60 -20 -0.5 -4.6
XRT SPDR S&P Retail ETF 23.1 35 5 4.9 +0.8
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 20.9 75 -35 5.2 +1.1
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 20.0 60 -20 3.5 -0.6
MGK Vanguard Mega Cap Growth ETF 18.9 7 33 3.9 -0.2
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 18.5 75 -35 3.9 -0.1
STLG iShares Factors US Growth Style ETF 18.0 25 15 3.5 -0.6
VUG Vanguard Growth Index Fund 18.0 4 36 3.8 -0.3
ACSI American Customer Satisfaction Core Alpha ETF 17.9 66 -26 5.0 +1.0
DWEQ AdvisorShares Dorsey Wright Alpha Equal Weight ETF 17.5 99 -59 1.3 -2.8
IYK iShares U.S. Consumer Goods ETF 17.5 42 -2 4.9 +0.8
JOYY Infusive Compounding Global Equities ETF 17.4 50 -10 3.6 -0.5
PNQI Invesco NASDAQ Internet ETF 17.4 62 -22 1.0 -3.1
BVAL Brand Value ETF 17.0 65 -25 5.3 +1.3
SFYF SoFi 50 ETF 16.9 29 11 1.7 -2.4
XOUT GraniteShares XOUT U.S. Large Cap ETF 16.7 60 -20 3.9 -0.1
VONG Vanguard Russell 1000 Growth Index Fund 16.6 8 32 3.7 -0.4
IWF iShares Russell 1000 Growth ETF 16.6 19 21 3.6 -0.5
TMFC Motley Fool 100 Index ETF 16.4 50 -10 3.3 -0.8
IWY iShares Russell Top 200 Growth ETF 16.3 20 20 3.7 -0.4
SCHG Schwab U.S. Large-Cap Growth ETF 15.9 4 36 3.9 -0.2
TTTN UP Fintech China-U.S. Internet Titans ETF 15.8 59 -19 4.1 +0.1
NULG Nuveen ESG Large-Cap Growth ETF 15.6 35 5 3.5 -0.6
SPXT ProShares S&P 500 Ex-Technology ETF 15.3 27 13 5.4 +1.3
GENY Principal Millennials Index ETF 15.2 45 -5 3.7 -0.4
FDG American Century Focused Dynamic Growth ETF 15.2 45 -5 1.7 -2.4
QYLD Global X NASDAQ 100 Covered Call ETF 15.2 60 -20 3.3 -0.8
RPG Invesco S&P 500 Pure Growth ETF 15.1 35 5 4.3 +0.2
VOOG Vanguard S&P 500 Growth ETF 15.0 10 30 4.1 +0.0
SPYG SPDR Portfolio S&P 500 Growth ETF 15.0 4 36 4.2 +0.1
IVW iShares S&P 500 Growth ETF 15.0 18 22 4.0 -0.1
NUSI Nationwide Risk-Managed Income ETF 15.0 68 -28 3.3 -0.8
PLAT WisdomTree Modern Tech Platforms Fund 15.0 45 -5 1.4 -2.6
QGRO American Century STOXX U.S. Quality Growth ETF 14.9 29 11 3.1 -1.0
QQQ Invesco QQQ Trust 14.9 20 20 3.7 -0.4
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 14.8 30 10 5.4 +1.3
FLQL Franklin LibertyQ U.S. Equity ETF 14.8 15 25 5.9 +1.8
IUSG iShares Core S&P US Growth ETF 14.7 4 36 4.2 +0.1
JMOM JPMorgan U.S. Momentum Factor ETF 14.6 12 28 3.6 -0.5
SPMV Invesco S&P 500 Minimum Variance ETF 14.5 10 30 5.6 +1.5
IQSU IQ Candriam ESG US Equity ETF 14.4 9 31 4.9 +0.8
ONLN ProShares Online Retail ETF 14.3 58 -18 0.8 -3.2
ENTR Entrepreneur 30 Fund 14.3 49 -9 1.6 -2.5
VIRS Pacer BioThreat Strategy ETF 14.3 70 -30 4.5 +0.4
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 14.0 21 19 3.0 -1.1
JKE iShares Morningstar Large-Cap Growth ETF 13.6 25 15 2.8 -1.3
GBUY Goldman Sachs Motif New Age Consumer ETF 13.5 50 -10 1.8 -2.3
LRGE ClearBridge Large Cap Growth ESG ETF 13.2 59 -19 3.6 -0.5
FDN First Trust Dow Jones Internet Index Fund 13.2 52 -12 2.2 -1.9
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 13.2 9 31 5.3 +1.2
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 13.1 29 11 5.8 +1.7
SPXV ProShares S&P 500 Ex-Health Care ETF 13.0 27 13 4.7 +0.7
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 13.0 59 -19 4.0 -0.0
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 13.0 35 5 4.3 +0.2
NACP Impact Shares NAACP Minority Empowerment ETF 12.9 75 -35 4.6 +0.5
VIG Vanguard Dividend Appreciation Index Fund 12.9 6 34 5.1 +1.1
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 12.9 15 25 6.5 +2.5
QSY WisdomTree U.S. LargeCap Value Fund 12.9 38 2 6.5 +2.4
RFDA RiverFront Dynamic US Dividend Advantage ETF 12.8 52 -12 4.8 +0.7
JQUA JPMorgan U.S. Quality Factor ETF 12.7 12 28 5.1 +1.1
IBUY Amplify Online Retail ETF 12.7 65 -25 -1.5 -5.5
SPXN ProShares S&P 500 Ex-Financials ETF 12.7 27 13 4.7 +0.7
ECOZ TrueMark ESG Active Opportunities ETF 12.7 58 -18 3.9 -0.2
RWL Invesco S&P 500 Revenue ETF 12.7 39 1 6.8 +2.8
VSMV VictoryShares US Multi-Factor Minimum Volatility ETF 12.6 35 5 6.7 +2.6
RFFC RiverFront Dynamic US Flex-Cap ETF 12.6 52 -12 4.4 +0.3
MAGA Point Bridge GOP Stock Tracker ETF 12.6 72 -32 6.1 +2.0
EBIZ Global X E-Commerce ETF 12.6 50 -10 2.6 -1.5
ESG FlexShares STOXX US ESG Impact Index Fund 12.5 32 8 4.8 +0.7
OEF iShares S&P 100 ETF 12.4 20 20 4.6 +0.5
QUAL iShares MSCI Usa Quality Factor ETF 12.4 15 25 5.2 +1.1
MXDU Nationwide Maximum Diversification US Core Equity ETF 12.4 34 6 4.7 +0.6
XLG Invesco S&P 500 Top 50 ETF 12.4 20 20 4.3 +0.2
SYG SPDR MFS Systematic Growth Equity ETF 12.3 60 -20 4.2 +0.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 12.3 12 28 4.5 +0.4
ESGV Vanguard ESG U.S. Stock ETF 12.2 12 28 4.9 +0.8
BKLC BNY Mellon US Large Cap Core Equity ETF 12.2 0 40 4.9 +0.9
BUL Pacer US Cash Cows Growth ETF 12.2 60 -20 6.0 +1.9
IWL iShares Russell Top 200 ETF 12.2 15 25 4.7 +0.7
MGC Vanguard Mega Cap Index Fund 12.1 7 33 5.0 +0.9
FTCS First Trust Capital Strength ETF 12.1 58 -18 4.5 +0.5
IWP iShares Russell Mid-Cap Growth ETF 12.1 24 16 2.9 -1.2
SHE SPDR SSGA Gender Diversity Index ETF 12.0 20 20 4.7 +0.7
PDP Invesco DWA Momentum ETF 12.0 62 -22 2.3 -1.8
ACIO Aptus Collared Income Opportunity ETF 12.0 79 -39 4.0 -0.0
PWB Invesco Dynamic Large Cap Growth ETF 11.9 55 -15 3.3 -0.8
SNPE Xtrackers S&P 500 ESG ETF 11.9 11 29 4.9 +0.8
RAFE PIMCO RAFI ESG U.S. ETF 11.8 29 11 7.4 +3.3
AVUS Avantis U.S. Equity ETF 11.8 15 25 5.4 +1.3

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 23.4 %
Divided by: Fwd. P/BV 5.2 x
Less: Expense ratio 40 bp
Equals: ALTAR Score 4.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.49 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.