John Hancock Multifactor Industrials ETF (JHMI)
John Hancock Multifactor Industrials ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $45.29, up 0.99% on the session, giving a market capitalisation of $9.5M. Its beta of 1.16 implies it has historically moved more than the broad market.
The John Hancock Multifactor Industrials ETF (JHMI) primarily aims to track an underlying index. To achieve this, it typically allocates a minimum of 80% of its net assets (including any borrowed capital for investment) to the components of that index. This benchmark index is structured to include U.S.-based companies operating within the industrials sector. These companies must possess market capitalizations significant enough to rank them among the largest 1,000 U.S. firms at the time of the index's periodic rebalancing. It is important to note that the fund is classified as non-diversified.
John Hancock Multifactor Industrials ETF is most often compared with the following Financial Services names: