John Hancock Multifactor Financials ETF (JHMF)
John Hancock Multifactor Financials ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $43.73, up 1.81% on the session, giving a market capitalisation of $14.9M. Its beta of 1.17 implies it has historically moved more than the broad market.
The fund primarily allocates at least 80% of its total assets, including any capital acquired through borrowing, to the individual securities that comprise its underlying benchmark index. This index is constructed to feature U.S.-based companies exclusively within the financial sector. A key criterion for inclusion in the index is that these companies must possess a market capitalization larger than that of the 1001st biggest U.S. enterprise at the point of each periodic index rebalancing.
John Hancock Multifactor Financials ETF is most often compared with the following Financial Services names: