“Unleash the Power of Smart Beta with the John Hancock Multifactor Large Cap ETF (JHML) – A Game-Changer in the ETF Industry!”
The John Hancock Multifactor Large Cap ETF (JHML) made its debut on 09/28/2015, offering investors exposure to the Style Box – Large Cap Blend category of the market. This smart beta exchange traded fund is managed by John Hancock and seeks to match the performance of the John Hancock Dimensional Large Cap Index.
Smart beta ETFs, unlike traditional market cap weighted indexes, aim to outperform the market through stock selection based on specific fundamental characteristics or a mix of other factors. While market cap indexes replicate market returns in a low-cost and transparent way, smart beta strategies offer investors the opportunity to potentially beat the market.
With assets over $905.98 million, JHML has an expense ratio of 0.29% and a 12-month trailing dividend yield of 1.20%. The fund has a sector allocation of 24.30% in Information Technology, with top holdings including Apple Inc, Microsoft Corp, and Nvidia Corp.
Performance-wise, JHML has gained about 14.52% year-to-date and 25.35% in the last one year. With a beta of 1.01 and a standard deviation of 16.88%, the fund is considered a medium risk choice in its space.
Investors looking for alternatives in the Style Box – Large Cap Blend segment may also consider ETFs like iShares Core S&P 500 ETF (IVV) and SPDR S&P 500 ETF (SPY), which track the S&P 500 Index.
In conclusion, the John Hancock Multifactor Large Cap ETF (JHML) presents a compelling option for investors seeking exposure to the large cap blend category with the potential for outperformance. With its diversified holdings, solid performance, and reasonable expense ratio, JHML is worth considering for investors looking to enhance their portfolio.
For more information on this ETF and other investment opportunities, visit Zacks Investment Research for in-depth analysis and recommendations.