John Hancock International High Dividend ETF (JHID)
John Hancock International High Dividend ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $43.26, up 0.64% on the session, giving a market capitalisation of $10.8M. Its beta of 0.83 implies it has historically moved less than the broad market.
JHID is an actively managed ETF that primarily invests in high dividend-paying large- and mid-cap equity securities. The portfolio may include common and preferred stocks, convertible securities, rights, warrants, and REITs incorporated or listed in developed markets, excluding the US. The fund manager utilizes a proprietary systematic approach that screens for high and persistent dividends or dividends expected to grow over time. The screened securities are then optimized using security and portfolio factors to determine the weight of each component. The fund intends to manage its risk by investing in a broad range of sectors but may occasionally focus its investments in particular sectors of the international equity market.
John Hancock International High Dividend ETF is most often compared with the following Financial Services names: