John Hancock Multifactor Healthcare ETF
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- Description
- Performance
- Comps
Fundamentals
Valuation
Rating
The John Hancock Multifactor Health Care ETF tracks an index of US health care stocks, weighted for exposure to 4 factors: small size, low relative price, high profitability and high momentum. |
Category | US Equities |
Fund Sponsor | John Hancock |
Website | etf.jhinvestments.com |
Inception date | Sep 28, 2015 |
Assets (mns) | $50 |
Currency | USD |
Expense ratio | 40 bp |
Distributions | Semi-Annually |
Regulation | Open-End Investment Company |
Custodian | |
Weighting | Multi-Factor |
Index replication | |
Uses derivatives | No |
Options available | No |
No. of constituents | 140 |
Wgt avg mkt cap (mns) | $106,982 |
Large cap (>$10bn) | 88.7% |
Mid cap ($2-10bn) | 10.9% |
Small cap (<$2bn) | 0.0% |
Developed mkts | 100.0% |
Emerging mkts | 0.0% |
UNITEDHEALTH GROUP INC | 5.7 % |
JOHNSON & JOHNSON | 5.5 % |
PFIZER INC | 3.4 % |
MERCK & CO. INC. | 3.3 % |
ABBOTT LABORATORIES | 2.5 % |
THERMO FISHER SCIENTIFIC INC | 2.5 % |
ABBVIE INC | 2.3 % |
BRISTOL-MYERS SQUIBB CO | 2.2 % |
MEDTRONIC PLC | 2.1 % |
ELI LILLY & CO | 2.1 % | Total | 31.5 % |
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UNITED STATES | 92.1 % |
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IRELAND | 3.5 % |
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BRITAIN | 0.9 % |
HISTORICAL PERFORMANCE 

Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
19.2% | 19.2% | 12.1% | -- | 13.1% |
versus... | Beta | R-squared |
S&P500 | 0.81 | 76% |
MSCI EAFE | 0.72 | 59% |
MSCI Emg. Mkts. | 0.60 | 52% |
Recent close | $44.91 |
30d moving avg. | $43.63 |
Annualized volatility | 17.5% |
Short interest (ETF) | 0.3% |
Short interest (Underlying) | 2.9% |
Relative strength (RSI) | 64 |
Avg. volume (thou.) | 4 |
Turnover | 0.4% |
Bid/Ask (% of price) | 0.16% |
ADV underlying (mns) | $33,828 |
FINDING ALTERNATIVE FUNDS
Below is a list of 99 potential alternatives to the John Hancock Multifactor Healthcare ETF ETF based on the alternatives' overlap in portfolio holdings with JHMH. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
Benchmark ticker: | JHMH | Expense: | 40 bp | ALTAR Score™: | 5.8% |
Ticker | Fund Name |
Overlap1 vs JHMH (%) |
Expense ratio (bp) |
Savings vs JHMH (bp) |
ALTAR Score™ (%) |
ALTAR vs JHMH (%) |
FHLC | Fidelity MSCI Health Care Index ETF | 75.1 | 8 | 32 | 5.2 | -0.6 |
VHT | Vanguard Health Care Index Fund | 75.0 | 10 | 30 | 5.2 | -0.7 |
IYH | iShares U.S. Healthcare ETF | 74.9 | 43 | -3 | 6.0 | +0.1 |
XLV | Health Care Select Sector SPDR Fund | 69.7 | 13 | 27 | 7.0 | +1.1 |
RYH | Invesco S&P 500 Equal Weight Health Care ETF | 64.6 | 40 | 0 | 6.4 | +0.5 |
IXJ | iShares Global Healthcare ETF | 61.8 | 46 | -6 | 6.2 | +0.3 |
IEHS | iShares Evolved U.S. Healthcare Staples ETF | 55.0 | 18 | 22 | 5.0 | -0.9 |
FXH | First Trust Health Care AlphaDEX Fund | 46.1 | 62 | -22 | 4.6 | -1.2 |
IEIH | iShares Evolved U.S. Innovative Healthcare ETF | 38.9 | 18 | 22 | 3.7 | -2.2 |
PJP | Invesco Dynamic Pharmaceuticals ETF | 27.2 | 56 | -16 | 9.0 | +3.2 |
LNGR | Global X Longevity Thematic ETF | 25.5 | 50 | -10 | 2.9 | -2.9 |
HTEC | ROBO Global Healthcare Technology & Innovation ETF | 25.5 | 68 | -28 | 0.9 | -5.0 |
SPHQ | Invesco S&P 500 Quality ETF | 25.4 | 15 | 25 | 4.5 | -1.4 |
FTXH | First Trust Nasdaq Pharmaceuticals ETF | 25.2 | 60 | -20 | 4.4 | -1.4 |
VIRS | Pacer BioThreat Strategy ETF | 25.2 | 70 | -30 | 4.9 | -1.0 |
XRLV | Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF | 24.9 | 25 | 15 | 5.9 | +0.0 |
IHI | iShares U.S. Medical Devices ETF | 24.8 | 42 | -2 | 3.1 | -2.7 |
MGV | Vanguard Mega Cap Value ETF | 24.6 | 7 | 33 | 6.4 | +0.6 |
PPH | VanEck Vectors Pharmaceutical ETF | 23.9 | 36 | 4 | 10.5 | +4.7 |
SPLV | Invesco S&P 500 Low Volatility ETF | 23.2 | 25 | 15 | 5.6 | -0.3 |
HLAL | Wahed FTSE USA Shariah ETF | 22.6 | 50 | -10 | 3.9 | -1.9 |
VOOV | Vanguard S&P 500 Value ETF | 22.4 | 10 | 30 | 6.6 | +0.7 |
XHE | SPDR S&P Health Care Equipment ETF | 22.3 | 35 | 5 | 0.6 | -5.3 |
JMIN | JPMorgan U.S. Minimum Volatility ETF | 22.0 | 12 | 28 | 5.3 | -0.5 |
OUSA | O'Shares FTSE US Quality Dividend ETF | 21.6 | 48 | -8 | 5.5 | -0.3 |
RBUS | Nationwide Risk-Based U.S. Equity ETF | 21.6 | 30 | 10 | 4.6 | -1.2 |
GBLO | Global Beta Low Beta ETF | 21.2 | 29 | 11 | 7.3 | +1.5 |
JOET | Virtus Terranova US Quality Momentum ETF | 20.7 | 29 | 11 | 4.7 | -1.2 |
JKF | iShares Morningstar Large Cap Value ETF | 20.6 | 25 | 15 | 6.6 | +0.7 |
VTV | Vanguard Value Index Fund | 20.4 | 4 | 36 | 6.5 | +0.7 |
IHE | iShares U.S. Pharmaceuticals ETF | 20.3 | 42 | -2 | 5.9 | +0.1 |
DGRW | WisdomTree U.S. Quality Dividend Growth Fund | 20.2 | 28 | 12 | 6.1 | +0.3 |
USMC | Principal U.S. Mega-Cap Multi-Factor Index ETF | 19.5 | 12 | 28 | 5.0 | -0.8 |
SIXA | 6 Meridian Mega Cap Equity ETF | 19.5 | 82 | -42 | 5.9 | +0.1 |
IHF | iShares U.S. Healthcare Providers ETF | 19.4 | 42 | -2 | 6.5 | +0.7 |
ESGV | Vanguard ESG U.S. Stock ETF | 19.2 | 12 | 28 | 4.6 | -1.3 |
XPH | SPDR S&P Pharmaceuticals ETF | 19.0 | 35 | 5 | 2.8 | -3.0 |
XHS | SPDR S&P Health Care Services ETF | 18.8 | 35 | 5 | 3.6 | -2.2 |
QRFT | Qraft Ai-Enhanced U.S. Large Cap ETF | 18.7 | 75 | -35 | 2.1 | -3.8 |
SPXT | ProShares S&P 500 Ex-Technology ETF | 18.6 | 27 | 13 | 4.9 | -0.9 |
USMV | iShares Edge MSCI Min Vol USA ETF | 18.3 | 15 | 25 | 5.4 | -0.5 |
JKH | iShares Morningstar Mid-Cap Growth ETF | 18.1 | 30 | 10 | 1.9 | -3.9 |
BMED | BlackRock Future Health ETF | 17.7 | 85 | -45 | -0.9 | -6.7 |
DURA | VanEck Vectors Morningstar Durable Dividend ETF | 17.7 | 29 | 11 | 8.2 | +2.3 |
MXDU | Nationwide Maximum Diversification US Core Equity ETF | 17.6 | 34 | 6 | 4.4 | -1.5 |
QUS | SPDR MSCI USA StrategicFactors ETF | 17.5 | 15 | 25 | 5.3 | -0.5 |
USLB | Invesco Russell 1000 Low Beta Equal Weight ETF | 17.5 | 35 | 5 | 5.1 | -0.7 |
SPMO | Invesco S&P 500 Momentum ETF | 17.3 | 13 | 27 | 4.0 | -1.9 |
IWP | iShares Russell Mid-Cap Growth ETF | 17.3 | 24 | 16 | 2.7 | -3.2 |
TPLC | Timothy Plan US Large Cap Core ETF | 17.3 | 52 | -12 | 4.5 | -1.4 |
XOUT | GraniteShares XOUT U.S. Large Cap ETF | 16.8 | 60 | -20 | 3.7 | -2.1 |
CFO | VictoryShares US 500 Enhanced Volatility Weighted Index ETF | 16.6 | 35 | 5 | 5.1 | -0.8 |
RWL | Invesco S&P 500 Revenue ETF | 16.6 | 39 | 1 | 6.3 | +0.5 |
DGRO | iShares Core Dividend Growth ETF | 16.6 | 8 | 32 | 6.0 | +0.2 |
ANEW | ProShares MSCI Transformational Changes ETF | 16.6 | 45 | -5 | 2.5 | -3.3 |
CFA | VictoryShares US 500 Volatility Weighted Index ETF | 16.5 | 35 | 5 | 5.1 | -0.8 |
SPUS | SP Funds S&P 500 Sharia Industry Exclusions ETF | 16.5 | 49 | -9 | 3.5 | -2.3 |
DSTL | Distillate US Fundamental Stability & Value ETF | 16.5 | 39 | 1 | 5.7 | -0.1 |
ROUS | Hartford Multifactor US Equity ETF | 16.5 | 19 | 21 | 5.9 | +0.1 |
QARP | Xtrackers Russell 1000 US Quality at a Reasonable Price ETF | 16.5 | 19 | 21 | 5.4 | -0.5 |
IWX | iShares Russell Top 200 Value ETF | 16.5 | 20 | 20 | 6.0 | +0.2 |
XT | iShares Exponential Technologies ETF | 16.4 | 47 | -7 | 4.6 | -1.3 |
DEF | Invesco Defensive Equity ETF | 16.3 | 55 | -15 | 5.3 | -0.5 |
WOMN | Impact Shares YWCA Women's Empowerment ETF | 16.3 | 75 | -35 | 3.6 | -2.2 |
HDV | iShares Core High Dividend ETF | 16.3 | 8 | 32 | 6.3 | +0.5 |
DLN | WisdomTree U.S. LargeCap Dividend Fund | 16.2 | 28 | 12 | 6.2 | +0.4 |
FCPI | Fidelity Stocks for Inflation ETF | 16.2 | 29 | 11 | 5.8 | -0.1 |
FTC | First Trust Large Cap Growth AlphaDEX Fund | 16.2 | 61 | -21 | 2.3 | -3.6 |
JKD | iShares Morningstar Large-Cap ETF | 16.1 | 20 | 20 | 4.8 | -1.0 |
QLV | FlexShares US Quality Low Volatility Index Fund | 16.0 | 22 | 18 | 4.4 | -1.4 |
RAFE | PIMCO RAFI ESG U.S. ETF | 16.0 | 30 | 10 | 6.7 | +0.9 |
PQLC | PGIM QMA Strategic Alpha Large-Cap Core ETF | 16.0 | 17 | 23 | 6.1 | +0.3 |
PSET | Principal Price Setters Index ETF | 16.0 | 15 | 25 | 4.7 | -1.2 |
VIG | Vanguard Dividend Appreciation Index Fund | 15.9 | 6 | 34 | 5.0 | -0.8 |
DFNV | TrimTabs Donoghue Forlines Risk Managed Innovation ETF | 15.8 | 69 | -29 | 4.1 | -1.7 |
FLQL | Franklin LibertyQ U.S. Equity ETF | 15.8 | 15 | 25 | 6.0 | +0.2 |
NULV | Nuveen ESG Large-Cap Value ETF | 15.8 | 35 | 5 | 6.0 | +0.2 |
VALQ | American Century STOXX U.S. Quality Value ETF | 15.7 | 29 | 11 | 7.9 | +2.0 |
SPXN | ProShares S&P 500 Ex-Financials ETF | 15.7 | 27 | 13 | 4.5 | -1.4 |
EPS | WisdomTree U.S. Earnings 500 Fund | 15.6 | 8 | 32 | 6.0 | +0.2 |
FTCS | First Trust Capital Strength ETF | 15.5 | 58 | -18 | 5.1 | -0.8 |
GSLC | Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF | 15.4 | 9 | 31 | 4.9 | -0.9 |
SPYV | SPDR Portfolio S&P 500 Value ETF | 15.3 | 4 | 36 | 6.4 | +0.6 |
EQWL | Invesco Russell Top 200 Equal Weight ETF | 15.3 | 25 | 15 | 5.6 | -0.2 |
IVE | iShares S&P 500 Value ETF | 15.3 | 18 | 22 | 6.3 | +0.4 |
VYM | Vanguard High Dividend Yield Index ETF | 15.2 | 6 | 34 | 6.6 | +0.8 |
IQSU | IQ Candriam ESG US Equity ETF | 15.1 | 9 | 31 | 4.6 | -1.2 |
SFY | SoFi Select 500 ETF | 15.0 | 0 | 40 | 4.6 | -1.2 |
SPMV | Invesco S&P 500 Minimum Variance ETF | 15.0 | 10 | 30 | 5.5 | -0.3 |
FDLO | Fidelity Low Volatility Factor ETF | 14.9 | 29 | 11 | 5.0 | -0.9 |
FBT | First Trust NYSE Arca Biotechnology Index Fund | 14.9 | 55 | -15 | -1.4 | -7.3 |
SPVM | Invesco S&P 500 Value with Momentum ETF | 14.8 | 39 | 1 | 7.8 | +1.9 |
HDIV | QRAFT AI-Enhanced U.S. High Dividend ETF | 14.8 | 75 | -35 | 5.3 | -0.5 |
QDEF | FlexShares Quality Dividend Defensive Index Fund | 14.8 | 37 | 3 | 5.6 | -0.3 |
NACP | Impact Shares NAACP Minority Empowerment ETF | 14.8 | 49 | -9 | 4.8 | -1.1 |
FLV | American Century Focused Large Cap Value ETF | 14.7 | 42 | -2 | 5.8 | -0.1 |
IBB | iShares NASDAQ Biotechnology ETF | 14.6 | 46 | -6 | 0.1 | -5.8 |
MOAT | VanEck Vectors Morningstar Wide Moat ETF | 14.6 | 48 | -8 | 6.2 | +0.4 |
LRGF | iShares Edge MSCI Multifactor USA ETF | 14.6 | 20 | 20 | 6.2 | +0.3 |
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 | |
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Sales per share | ** | ** | ** | ** | ** | ** | ** |
Earnings per share | ** | ** | ** | ** | ** | ** | ** |
Dividends per share ![]() |
** | ** | ** | ** | ** | ** | ** |
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 |
*Six months ago = 100 |
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VALUATION METRICS
2019 | 2020E | 2021E | |
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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 Healthcare ETF | |||
Relative to: |
S&P500 | MSCI EAFE | MSCI Emg. Mkts. | Other ETF: |
OVERWEIGHT |
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals. |
ALTAR Score™
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MODERN PORTFOLIO THEORY
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CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
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