John Hancock Multifactor Energy ETF
ALTAR
Score™
3.9% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
-504.8x P/Sales
ratio
1.0x
P/BV
ratio
1.1x 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) $12
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 33
Wgt avg mkt cap (mns) $38,485
Large cap (>$10bn) 81.9%
Mid cap ($2-10bn) 17.7%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
CHEVRON CORP 7.4 %
MARATHON PETROLEUM 6.3 %
SCHLUMBERGER LTD 6.2 %
CONOCOPHILLIPS 6.0 %
KINDER MORGAN INC 5.9 %
EOG RESOURCES INC 5.9 %
VALERO ENERGY CORP 5.8 %
WILLIAMS COS INC 5.8 %
EXXON MOBIL CORP 5.4 %
HALLIBURTON CO 4.0 %
Total 58.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.7 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-39.4% -33.8% -- -- -8.9%

Market Correlations
versus... Beta R-squared
S&P500 2.09 72%
MSCI EAFE 2.15 75%
MSCI Emg. Mkts. 1.78 65%

Technical Indicators
Recent close $14.52
30d moving avg. $12.67
Annualized volatility 46.1%
Short interest (ETF) 0.5%
Relative strength (RSI) 65

Liquidity measures
Avg. volume (thou.) 2
Turnover 0.2%
Bid/Ask (% of price) 0.30%
ADV underlying (mns) $8,081

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™: 3.9%


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 68.1 40 0 3.8 -0.0
XLE Energy Select Sector SPDR Fund 65.6 13 27 4.4 +0.6
IYE iShares U.S. Energy ETF 63.6 42 -2 4.0 +0.1
FENY Fidelity MSCI Energy Index ETF 61.7 8 32 4.1 +0.2
FXN First Trust Energy AlphaDEX Fund 61.0 65 -25 2.2 -1.6
VDE Vanguard Energy Index Fund 58.7 10 30 4.0 +0.1
PXI Invesco DWA Energy Momentum ETF 58.4 60 -20 0.4 -3.4
IEO iShares U.S. Oil & Gas Exploration & Production ETF 52.1 42 -2 3.6 -0.2
FTXN First Trust Nasdaq Oil & Gas ETF 51.7 60 -20 2.3 -1.6
XOP SPDR S&P Oil & Gas Exploration & Production ETF 47.4 35 5 3.5 -0.3
PXE Invesco Dynamic Energy Exploration & Production ETF 45.9 63 -23 2.1 -1.7
IGE iShares North American Natural Resources ETF 43.5 46 -6 3.9 +0.1
IXC iShares Global Energy ETF 38.1 46 -6 5.7 +1.8
FRAK VanEck Vectors Unconventional Oil & Gas ETF 35.9 54 -14 1.6 -2.3
NANR SPDR S&P North American Natural Resources ETF 32.4 35 5 3.4 -0.5
FCG First Trust Natural Gas ETF 32.0 60 -20 0.8 -3.0
FILL iShares MSCI Global Energy Producers ETF 28.0 39 1 6.0 +2.2
EQRR ProShares Equities for Rising Rates ETF 25.4 35 5 7.0 +3.1
RDIV Invesco S&P Ultra Dividend Revenue ETF 20.9 39 1 9.4 +5.6
TPYP Tortoise North American Pipeline Fund 20.3 40 0 5.7 +1.8
YMLP VanEck Vectors High Income MLP ETF 20.3 45 -5 4.4 +0.6
USAI Pacer American Energy Independence ETF 20.3 75 -35 3.0 -0.8
ENFR Alerian Energy Infrastructure ETF 20.0 65 -25 4.5 +0.7
MLPX Global X MLP & Energy Infrastructure ETF 20.0 45 -5 3.7 -0.2
SPHB Invesco S&P 500 High Beta ETF 18.5 25 15 6.6 +2.8
ALTL Pacer Lunt Large Cap Alternator ETF 18.5 60 -20 6.3 +2.4
HDV iShares Core High Dividend ETF 16.7 8 32 6.7 +2.9
WBIY WBI Power Factor High Dividend ETF 16.3 70 -30 9.1 +5.3
CRAK VanEck Vectors Oil Refiners ETF 15.7 60 -20 11.5 +7.7
MAGA Point Bridge GOP Stock Tracker ETF 14.6 72 -32 5.7 +1.9
GUNR Flexshares Morningstar Global Upstream Natural Resources 14.2 46 -6 5.5 +1.7
IEZ iShares U.S. Oil Equipment & Services ETF 13.4 42 -2 0.6 -3.2
PXJ Invesco Dynamic Oil & Gas Services ETF 13.4 63 -23 -0.0 -3.9
OIH VanEck Vectors Oil Services ETF 13.4 35 5 -0.4 -4.3
GNR SPDR S&P Global Natural Resources ETF 12.8 40 0 5.7 +1.9
HAP VanEck Vectors Natural Resources ETF 12.5 50 -10 5.6 +1.8
SPYD SPDR S&P 500 High Dividend ETF 11.3 7 33 9.7 +5.8
XES SPDR S&P Oil & Gas Equipment & Services ETF 11.3 35 5 -2.5 -6.3
DTN WisdomTree U.S. Dividend ex-Financials Fund 10.9 38 2 7.4 +3.6
SDOG ALPS Sector Dividend Dogs ETF 10.3 40 0 8.8 +4.9
RPV Invesco S&P 500 Pure Value ETF 10.2 35 5 9.3 +5.5
GRES IQ Global Resources ETF 9.5 78 -38 6.2 +2.3
PEY Invesco High Yield Equity Dividend Achievers ETF 8.5 52 -12 8.7 +4.9
QDIV Global X S&P 500 Quality Dividend ETF 8.3 20 20 6.9 +3.0
ONEY SPDR Russell 1000 Yield Focus ETF 8.2 20 20 7.8 +3.9
SPVU Invesco S&P 500 Enhanced Value ETF 8.2 13 27 10.1 +6.3
DHS WisdomTree U.S. High Dividend Fund 8.2 38 2 8.0 +4.2
DVY iShares Select Dividend ETF 8.1 39 1 8.5 +4.6
FOVL iShares Focused Value Factor ETF 8.1 25 15 8.9 +5.0
FDVV Fidelity Core Dividend ETF 8.0 29 11 6.4 +2.6
IGF iShares Global Infrastructure ETF 8.0 46 -6 4.7 +0.8
GII SPDR S&P Global Infrastructure ETF 8.0 40 0 4.8 +0.9
RVRS Reverse Cap Weighted U.S. Large Cap ETF 7.9 29 11 6.6 +2.7
SPDV AAM S&P 500 High Dividend Value ETF 7.9 29 11 8.9 +5.0
EQAL Invesco Russell 1000 Equal Weight ETF 7.9 20 20 5.3 +1.5
ESGS Columbia Sustainable U.S. Equity Income ETF 7.7 35 5 7.9 +4.0
GLIF AGFiQ Global Infrastructure ETF 7.5 45 -5 4.9 +1.0
VLU SPDR S&P 1500 Value Tilt ETF 7.4 12 28 6.6 +2.7
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 7.4 47 -7 5.0 +1.2
DJD Invesco Dow Jones Industrial Average Dividend ETF 7.4 7 33 6.6 +2.8
JKI iShares Morningstar Mid-Cap Value ETF 7.4 30 10 8.1 +4.3
RWL Invesco S&P 500 Revenue ETF 7.2 39 1 6.6 +2.7
JDIV JPMorgan U.S. Dividend ETF 7.2 12 28 7.0 +3.2
IUS Invesco Strategic US ETF 7.0 19 21 5.8 +2.0
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 7.0 30 10 8.4 +4.5
FTA First Trust Large Cap Value AlphaDEX Fund 6.9 60 -20 7.8 +4.0
USDY Pacific Global US Equity Income ETF 6.9 29 11 6.8 +3.0
EQWL Invesco Russell Top 200 Equal Weight ETF 6.8 25 15 5.8 +1.9
JKF iShares Morningstar Large Cap Value ETF 6.5 25 15 7.0 +3.2
FNDX Schwab Fundamental U.S. Large Co. Index ETF 6.4 25 15 6.1 +2.3
SDY SPDR S&P Dividend ETF 6.4 35 5 6.7 +2.8
OUSA O'Shares FTSE US Quality Dividend ETF 6.3 48 -8 5.5 +1.7
SYLD Cambria Shareholder Yield ETF 6.3 59 -19 7.5 +3.7
DIV Global X SuperDividend US ETF 6.2 46 -6 5.6 +1.7
FCPI Fidelity Stocks for Inflation ETF 6.1 29 11 6.2 +2.3
SCHD Schwab U.S. Dividend Equity ETF 6.1 6 34 7.3 +3.5
JMIN JPMorgan U.S. Minimum Volatility ETF 6.1 12 28 5.4 +1.5
FTRI First Trust Indxx Global Natural Resources Income ETF 6.1 70 -30 8.1 +4.3
TPHD Timothy Plan High Dividend Stock ETF 6.1 52 -12 5.8 +1.9
VYM Vanguard High Dividend Yield Index ETF 5.9 6 34 6.9 +3.1
FNDB Schwab Fundamental U.S. Broad Market Index ETF 5.9 25 15 6.1 +2.2
DLN WisdomTree U.S. LargeCap Dividend Fund 5.9 28 12 6.0 +2.2
PRF Invesco FTSE RAFI US 1000 ETF 5.8 39 1 6.2 +2.3
GCOW Pacer Global High Dividend ETF 5.8 60 -20 9.6 +5.8
EMLP First Trust North American Energy Infrastructure Fund 5.7 96 -56 5.5 +1.6
VRAI Virtus Real Asset Income ETF 5.7 55 -15 11.0 +7.1
FUNL CornerCap Fundametrics Large-Cap ETF 5.7 50 -10 7.4 +3.6
CZA Invesco Zacks Mid-Cap ETF 5.7 69 -29 5.9 +2.0
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 5.5 49 -9 4.3 +0.4
VOOV Vanguard S&P 500 Value ETF 5.5 10 30 6.8 +2.9
DIVB iShares U.S. Dividend & Buyback ETF 5.5 25 15 6.2 +2.3
BLES Inspire Global Hope Large Cap ETF 5.4 52 -12 5.7 +1.8
DTD WisdomTree U.S.Total Dividend Fund 5.4 28 12 6.2 +2.4
RSP Invesco S&P 500 Equal Weight ETF 5.3 20 20 5.9 +2.1
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 5.2 19 21 5.6 +1.7
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 5.1 35 5 8.0 +4.2
HLAL Wahed FTSE USA Shariah ETF 5.1 50 -10 4.2 +0.3
SPYV SPDR Portfolio S&P 500 Value ETF 5.1 4 36 6.8 +3.0
IVE iShares S&P 500 Value ETF 5.1 18 22 6.7 +2.9
IWX iShares Russell Top 200 Value ETF 4.8 20 20 6.3 +2.4

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 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 4.6 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 40 bp
Equals: ALTAR Score 3.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.41 CATEGORY
AVERAGE
1.50
 
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.