John Hancock Multifactor Health Care ETF (JHMH)
John Hancock Multifactor Health Care ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $45.42, up 1.54% on the session, giving a market capitalisation of $20.4M. Its beta of 0.73 implies it has historically moved less than the broad market.
The fund primarily allocates its capital, typically committing a minimum of 80% of its net assets (plus any leverage utilized for investment purposes), to the constituent securities of its tracking index. This benchmark is specifically designed to encompass U.S. healthcare companies whose market valuations, at the time of index rebalancing, exceed that of the 1,001st largest American enterprise. It's important to note that this investment vehicle is categorized as non-diversified.
John Hancock Multifactor Health Care ETF is most often compared with the following Financial Services names: