JHEM
John Hancock Multifactor Emerging Markets ETF
The John Hancock Multifactor Emerging Markets ETF tracks a multi-factor selected and weighted index of large- and midcap stocks from emerging markets.
Emerging Market
EQUITY
Rules-Based
MANAGEMENT STYLE
643.0 M
ASSETS UNDER MGMT
49 bp
EXPENSES
Fund Basics
| Fund sponsor | John Hancock |
| Category | Emerging |
| Asset class | Equity |
| Website | link... |
| Inception date | Sep 27, 2018 |
| Assets (mns) | $643 |
| Expense ratio | 49 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Semi-annual |
| Taxation | 1099 |
| Stock selection | Multi-Factor |
| Weighting | Multi-Factor |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| TAIWAN SEMICONDUCTOR MANUFAC | 4.9 % |
| SAMSUNG ELECTRONICS CO LTD | 3.6 % |
| TENCENT HOLDINGS LTD | 3.4 % |
| RELIANCE INDS-SPONS GDR 144A | 2.3 % |
| ALIBABA GROUP HOLDING LTD. | 1.3 % |
| ALIBABA GROUP HOLDING LTD. SPONSORED ADR | 1.2 % |
| HDFC BANK LIMITED | 1.2 % |
| INFOSYS TECHNOLOGIES LTD | 1.0 % |
| ICICI BANK LTD | 1.0 % |
| HON HAI PRECISION INDUSTRY | 1.0 % |
Constituent Breakdown
| Number of holdings | 955 |
| Herfindahl-Hirschman Index | 81 |
| Wgt avg mkt cap (mns) | $113,071 |
| Large cap (>$10bn) | 78.1% |
| Mid cap ($2-10bn) | 21.0% |
| Small cap (<$2bn) | 0.2% |
| Developed mkts. | 3.4% |
| Emerging mkts. | 96.7% |
Country Exposure
 |
INDIA | 24.3 % |
 |
CHINA | 19.6 % |
 |
TAIWAN | 18.3 % |
 |
SOUTH KOREA | 12.1 % |
 |
BRAZIL | 4.6 % |
 |
SAUDI ARABIA | 3.3 % |
 |
SOUTH AFRICA | 2.7 % |
 |
MEXICO | 2.0 % |
 |
INDONESIA | 1.9 % |
 |
MALAYSIA | 1.8 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 6.5% | 19.9% | 15.3% | -0.6% | 3.9% | -- | 4.9% | Volatility | 14.9% | 14.8% | 15.3% | 17.3% | 21.4% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.72 | 53% |
| MSCI EAFE | 0.81 | 71% |
| MSCI Emg Mkts | 0.97 | 98% |
Liquidity Measures
| Avg. volume (000) | 14 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.14% |
| ADV of underlying (mns) | $51,992 |
Technical Indicators
| Recent close | $26.57 |
| 30d moving avg. | $28.33 |
| Annualized volatility | 17.0% |
| Relative strength (RSI) | 47 |
| Short interest (ETF) | 0.0% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. JHEM |
Expenses vs. JHEM |
ALTAR Score™ vs. JHEM |
|---|---|---|---|---|
| DBEM | Xtrackers MSCI Emerging Markets Hedged Equity ETF | 70.9% | +17 bp | +1.9% |
| BBEM | JPMorgan BetaBuilders Emerging Markets Equity ETF | 70.2% | -34 bp | -0.9% |
| BKEM | BNY Mellon Emerging Markets Equity ETF | 70.1% | -38 bp | +0.3% |
| GSEE | Goldman Sachs MarketBeta Emerging Markets Equity ETF | 69.4% | -13 bp | -0.4% |
| EEM | iShares MSCI Emerging Markets ETF | 66.6% | +20 bp | -1.3% |
| FLAX | Franklin FTSE Asia Ex Japan ETF | 64.5% | -30 bp | -1.3% |
| EEMX | SPDR MSCI Emerging Markets Fossil Fuel Free ETF | 63.8% | -19 bp | -0.9% |
| GEM | Goldman Sachs ActiveBeta Emerging Markets Equity ETF | 63.1% | -4 bp | +2.9% |
| EEMA | iShares MSCI Emerging Markets Asia ETF | 62.7% | 0 bp | -1.7% |
| EMCR | Xtrackers Emerging Markets Carbon Reduction and Climate Impr | 61.9% | -34 bp | +2.1% |
Risk and Returns: JHEM vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/15/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
JHEM
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
JHEM
8.2%
Cat. Avg
7.8%
ALTAR Score™ Calculation
Category Overview
There are 165 funds in the Emerging Equity category, with an average ALTAR Score™
of 7.8% and a standard deviation of
4.1%. JHEM's ALTAR Score™ is approximately
0.1 standard deviations
above
the category average. This places JHEM in the 54th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
JHEMSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based Emerging Market Equity ETFs |
| # of ETFs | 103 |
| Avg. Expense Ratio | 64.6 bp |
| Std. Deviation | 29 bp |
| JHEM (49 bp) Percentile rank | 30 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| JHEM | 49.0 | 14.4 | 63.4 |
| Peer Avg. | 48.9 | 28.9 | 77.8 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .