John Hancock Multifactor Media and Communications ETF (JHCS)
John Hancock Multifactor Media and Communications ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $24.27, up 0.01% on the session, giving a market capitalisation of $11.6M. Its beta of 1.10 implies it has historically moved more than the broad market.
The fund typically commits at least 80% of its total assets, which includes any borrowed capital used for investment, to the securities comprising its benchmark index. This index is specifically constructed to include U.S. companies within the media and communications industry whose market capitalizations are greater than the 1,001st largest U.S. firm at the time of each rebalancing. Notably, this fund is considered non-diversified.
John Hancock Multifactor Media and Communications ETF is most often compared with the following Financial Services names: