John Hancock Multifactor Energy ETF
ALTAR
Score™
3.7% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
-88.8x P/Sales
ratio
0.8x
P/BV
ratio
0.9x Div.
yield
4.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The John Hancock Multifactor Energy ETF tracks an index of large- and midcap US equities from the energy sector. The index selects stocks by market caps and weights them by multiple factors: size, value, profitability and momentum.

FUND BASICS
Category US Equities
Fund Sponsor John Hancock
Website etf.jhinvestments.com
Inception date Mar 28, 2016
Assets (mns) $15
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 34
Wgt avg mkt cap (mns) $41,242
Large cap (>$10bn) 73.3%
Mid cap ($2-10bn) 26.2%
Small cap (<$2bn) 0.6%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
VALERO ENERGY CORP 7.5 %
CHEVRON CORP 7.3 %
CONOCOPHILLIPS 6.8 %
EXXON MOBIL CORP 6.6 %
MARATHON PETROLEUM 5.6 %
EOG RESOURCES INC 4.4 %
ONEOK INC 4.1 %
BAKER HUGHES, A GE COMPANY CLASS A 4.0 %
PIONEER NATURAL RESOURCES CO 3.9 %
WILLIAMS COS INC 3.9 %
Total 54.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 98.3 %
BRITAIN 0.9 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-39.9% -35.2% -- -- -10.1%

Market Correlations
versus... Beta R-squared
S&P500 2.16 74%
MSCI EAFE 2.35 75%
MSCI Emg. Mkts. 1.80 68%

Technical Indicators
Recent close $14.22
30d moving avg. $13.25
Annualized volatility 42.6%
Short interest (ETF) 0.6%
Relative strength (RSI) 62

Liquidity measures
Avg. volume (thou.) 8
Turnover 0.7%
Bid/Ask (% of price) 0.27%
ADV underlying (mns) $9,354

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: JHME Expense: 40 bp ALTAR Score™: 3.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH JHME
Ticker Fund
Name
Overlap1
vs JHME
(%)
Expense
ratio
(bp)
Savings
vs JHME
(bp)
ALTAR
Score™
(%)
ALTAR
vs JHME
(%)
RYE Invesco S&P 500 Equal Weight Energy ETF 73.8 40 0 3.2 -0.5
XLE Energy Select Sector SPDR Fund 66.6 13 27 4.3 +0.6
IYE iShares U.S. Energy ETF 62.2 42 -2 3.9 +0.2
VDE Vanguard Energy Index Fund 61.2 10 30 3.9 +0.3
FENY Fidelity MSCI Energy Index ETF 61.1 8 32 3.9 +0.3
PXI Invesco DWA Energy Momentum ETF 60.3 60 -20 4.7 +1.0
FTXN First Trust Nasdaq Oil & Gas ETF 60.0 60 -20 2.6 -1.1
IEO iShares U.S. Oil & Gas Exploration & Production ETF 57.9 42 -2 3.5 -0.2
FXN First Trust Energy AlphaDEX Fund 51.4 65 -25 -0.3 -4.0
XOP SPDR S&P Oil & Gas Exploration & Production ETF 48.0 35 5 2.9 -0.8
IGE iShares North American Natural Resources ETF 47.6 46 -6 4.1 +0.4
FRAK VanEck Vectors Unconventional Oil & Gas ETF 40.4 54 -14 1.7 -2.0
IXC iShares Global Energy ETF 40.2 46 -6 5.8 +2.1
NANR SPDR S&P North American Natural Resources ETF 32.4 35 5 3.5 -0.2
PXE Invesco Dynamic Energy Exploration & Production ETF 30.8 63 -23 1.6 -2.1
FILL iShares MSCI Global Energy Producers ETF 30.2 39 1 6.7 +3.0
HDV iShares Core High Dividend ETF 24.0 8 32 6.6 +2.9
FDL First Trust Morningstar Dividend Leaders Index Fund 20.3 45 -5 8.6 +4.9
EQRR ProShares Equities for Rising Rates ETF 20.2 35 5 6.3 +2.6
RDIV Invesco S&P Ultra Dividend Revenue ETF 19.2 39 1 11.3 +7.6
PMOM Principal Sustainable Momentum Index ETF 19.2 29 11 10.7 +7.0
LVHB Innovator Lunt Low Vol/High Beta Tactical ETF 18.8 49 -9 10.7 +7.0
CRAK VanEck Vectors Oil Refiners ETF 18.5 60 -20 12.9 +9.2
SPHB Invesco S&P 500 High Beta ETF 17.9 25 15 10.9 +7.3
MAGA Point Bridge GOP Stock Tracker ETF 17.8 72 -32 6.7 +3.0
FCTR First Trust Lunt U.S. Factor Rotation ETF 17.6 65 -25 5.7 +2.0
FCG First Trust Natural Gas ETF 16.5 60 -20 2.6 -1.0
HAP VanEck Vectors Natural Resources ETF 14.6 50 -10 6.6 +2.9
SLT Salt TruBeta High Exposure ETF 14.6 29 11 7.4 +3.7
FTA First Trust Large Cap Value AlphaDEX Fund 14.2 60 -20 9.8 +6.1
TPYP Tortoise North American Pipeline Fund 14.1 40 0 6.3 +2.6
YMLP VanEck Vectors High Income MLP ETF 14.1 45 -5 6.2 +2.5
ENFR Alerian Energy Infrastructure ETF 14.1 55 -15 5.9 +2.2
MLPX Global X MLP & Energy Infrastructure ETF 14.1 45 -5 5.5 +1.8
USAI Pacer American Energy Independence ETF 14.1 75 -35 3.6 -0.1
GUNR Flexshares Morningstar Global Upstream Natural Resources 14.0 46 -6 6.3 +2.6
WBIY WBI Power Factor High Dividend ETF 13.4 70 -30 14.6 +10.9
RPV Invesco S&P 500 Pure Value ETF 13.4 35 5 11.9 +8.2
SPYD SPDR S&P 500 High Dividend ETF 12.3 7 33 10.5 +6.8
IEZ iShares U.S. Oil Equipment & Services ETF 12.2 42 -2 -4.2 -7.9
OIH VanEck Vectors Oil Services ETF 12.2 35 5 -5.0 -8.7
XES SPDR S&P Oil & Gas Equipment & Services ETF 12.2 35 5 -8.3 -12.0
GNR SPDR S&P Global Natural Resources ETF 11.7 40 0 6.8 +3.1
DTN WisdomTree U.S. Dividend ex-Financials Fund 11.4 38 2 8.1 +4.4
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 11.3 30 10 9.7 +6.0
PXJ Invesco Dynamic Oil & Gas Services ETF 11.3 63 -23 -1.5 -5.2
FOVL iShares Focused Value Factor ETF 10.9 25 15 10.8 +7.1
QDIV Global X S&P 500 Quality Dividend ETF 10.9 20 20 8.4 +4.7
JKF iShares Morningstar Large Cap Value ETF 10.4 25 15 7.8 +4.1
SPVU Invesco S&P 500 Enhanced Value ETF 10.4 13 27 11.4 +7.8
EQAL Invesco Russell 1000 Equal Weight ETF 9.6 20 20 5.3 +1.7
VLU SPDR S&P 1500 Value Tilt ETF 9.6 12 28 7.7 +4.0
DHS WisdomTree U.S. High Dividend Fund 9.4 38 2 8.6 +4.9
SDOG ALPS Sector Dividend Dogs ETF 9.4 40 0 10.9 +7.3
FAB First Trust Multi Cap Value AlphaDEX Fund 9.4 71 -31 10.3 +6.6
EMLP First Trust North American Energy Infrastructure Fund 9.0 95 -55 5.9 +2.2
FDVV Fidelity Core Dividend ETF 8.9 29 11 7.6 +3.9
PEY Invesco High Yield Equity Dividend Achievers ETF 8.8 53 -13 9.0 +5.3
ESGS Columbia Sustainable U.S. Equity Income ETF 8.6 35 5 9.1 +5.5
DJD Invesco Dow Jones Industrial Average Dividend ETF 8.5 7 33 6.7 +3.0
AMZA InfraCap MLP ETF 8.5 240 -200 10.1 +6.4
DURA VanEck Vectors Morningstar Durable Dividend ETF 8.4 29 11 7.0 +3.3
COWZ Pacer US Cash Cows 100 ETF 8.3 49 -9 10.3 +6.6
BLES Inspire Global Hope Large Cap ETF 8.2 61 -21 6.8 +3.1
GRES IQ Global Resources ETF 8.1 77 -37 7.7 +4.0
USDY Pacific Global US Equity Income ETF 8.0 29 11 8.1 +4.4
DEW WisdomTree Global High Dividend Fund 8.0 58 -18 9.5 +5.8
HLAL Wahed FTSE USA Shariah ETF 7.8 50 -10 4.7 +1.1
OUSA O'Shares FTSE US Quality Dividend ETF 7.8 48 -8 5.7 +2.1
ONEY SPDR Russell 1000 Yield Focus ETF 7.8 20 20 8.8 +5.1
SPDV AAM S&P 500 High Dividend Value ETF 7.7 29 11 10.9 +7.2
FCPI Fidelity Stocks for Inflation ETF 7.6 29 11 7.0 +3.3
IWX iShares Russell Top 200 Value ETF 7.6 20 20 7.1 +3.4
SYV SPDR MFS Systematic Value Equity ETF 7.5 60 -20 7.5 +3.8
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 7.4 46 -6 5.5 +1.8
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 7.4 35 5 8.7 +5.0
GII SPDR S&P Global Infrastructure ETF 7.2 40 0 5.5 +1.8
IGF iShares Global Infrastructure ETF 7.2 46 -6 5.5 +1.8
PRF Invesco FTSE RAFI US 1000 ETF 7.2 39 1 7.0 +3.4
SYLD Cambria Shareholder Yield ETF 7.1 59 -19 10.0 +6.3
FEX First Trust Large Cap Core AlphaDEX Fund 7.1 60 -20 6.4 +2.7
DIV Global X SuperDividend US ETF 7.1 45 -5 10.7 +7.1
FNK First Trust Mid Cap Value AlphaDEX Fund 7.0 70 -30 11.7 +8.1
DLN WisdomTree U.S. LargeCap Dividend Fund 7.0 28 12 6.5 +2.8
VRAI Virtus Real Asset Income ETF 6.9 55 -15 11.7 +8.1
EDOW First Trust Dow 30 Equal Weight ETF 6.9 50 -10 5.9 +2.2
TPHD Timothy Plan High Dividend Stock ETF 6.8 52 -12 7.4 +3.7
REVS Columbia Research Enhanced Value ETF 6.8 19 21 7.7 +4.1
FNDX Schwab Fundamental U.S. Large Co. Index ETF 6.8 25 15 6.8 +3.1
SCHD Schwab U.S. Dividend Equity ETF 6.7 6 34 7.5 +3.8
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 6.6 19 21 5.8 +2.1
FMK First Trust Mega Cap AlphaDEX Fund 6.5 70 -30 5.3 +1.7
EQWL Invesco Russell Top 200 Equal Weight ETF 6.4 25 15 6.2 +2.5
GLIF AGFiQ Global Infrastructure ETF 6.4 45 -5 5.2 +1.5
DTD WisdomTree U.S.Total Dividend Fund 6.4 28 12 6.7 +3.0
IWD iShares Russell 1000 Value ETF 6.4 19 21 7.3 +3.6
VYM Vanguard High Dividend Yield Index ETF 6.4 6 34 7.3 +3.7
VONV Vanguard Russell 1000 Value Index Fund 6.3 8 32 7.4 +3.7
DVY iShares Select Dividend ETF 6.3 39 1 8.3 +4.6
SPGP Invesco S&P 500 GARP ETF 6.3 35 5 7.5 +3.8

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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 Energy 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 3.9 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 40 bp
Equals: ALTAR Score 3.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.39 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.