John Hancock Multifactor Mid Cap ETF
JHMM - ETF AI Analysis
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John Hancock Multifactor Mid Cap ETF (JHMM)
JHMM, the John Hancock Multifactor Mid Cap ETF, has an overall rating that suggests it is a solid but not flawless choice, supported by several strong mid-cap holdings. High-quality names like Ametek, Hartford Financial, Westinghouse Air Brake Technologies, and Devon Energy contribute positively through strong financial performance, upbeat earnings calls, and generally supportive technical trends, which help lift the fund’s quality. However, weaker spots such as Moderna, with revenue and profitability challenges, and holdings like Entergy that face high leverage and bearish momentum, along with some valuation concerns across multiple stocks, introduce risk, and investors should also note the fund’s exposure to specific sectors where financial leverage and cash flow issues could weigh on future returns.
JHMM vs. SPDR S&P 500 ETF (SPY)
- AUM
- 5.98B
- Region
- North America
- Expense Ratio
- 0.41%
- Beta
- 0.85
- Issuer
- John Hancock
- Inception Date
- Sep 28, 2015
- Dividend Yield
- 0.91%
- Asset Class
- Equity
- Index Tracked
- John Hancock Dimensional Mid Cap Index
JHMM Summary
John Hancock Multifactor Mid Cap ETF (JHMM) is a fund that follows the John Hancock Dimensional Mid Cap Index, focusing on medium‑sized U.S. companies across many industries like technology, industrials, finance, and health care. It spreads your money over hundreds of mid‑cap stocks, including well‑known names such as eBay and Cardinal Health, aiming for a mix of growth and stability. Investors might consider JHMM to diversify beyond large, household‑name companies while still targeting long‑term growth. A key risk is that mid‑cap stocks can be more volatile than large caps, so the value of this ETF can go up and down with the stock market.
How much will it cost me?
This ETF has an expense ratio of 0.41%, which means you’ll pay about $4.10 per year for every $1,000 invested. That’s a bit higher than many plain-vanilla index ETFs because it uses an actively designed multifactor strategy to pick mid-cap stocks rather than simply tracking a basic market index.
What would affect this ETF?
Future performance of JHMM will be helped if the U.S. economy grows steadily, interest rates stabilize or fall, and technology, industrials, and financials continue to do well, which would support many of its mid-sized U.S. companies like Keysight Technologies, eBay, and State Street. On the other hand, a U.S. slowdown, higher interest rates, or sector-specific problems in areas like energy, real estate, or financials could hurt mid-cap stocks and weigh on the fund’s returns.
JHMM Top 10 Holdings
JHMM’s story is about steady mid-cap diversification with a few clear standouts setting the pace. NetApp and Cheniere Energy have been rising smartly, giving the fund a lift, while Devon Energy and eBay add more fuel from the energy patch and digital commerce. On the flip side, Comfort Systems and Keysight have been lagging lately, acting like a small anchor on otherwise solid momentum. The ETF leans into U.S. mid-caps across tech, industrials, financials, and energy, without letting any single stock dominate the show.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 EBAY | eBay | 0.53% | $31.85M | $53.54B | 50.85% | 70Outperform |
 CAH | Cardinal Health | 0.50% | $29.55M | $62.80B | 37.24% | 66Neutral |
 ETR | Entergy | 0.46% | $27.18M | $52.82B | 15.52% | 66Neutral |
 KEYS | Keysight Technologies | 0.45% | $26.95M | $46.33B | 47.06% | 77Outperform |
 AME | Ametek | 0.45% | $26.94M | $52.44B | 15.93% | 79Outperform |
 HIG | Hartford Insurance | 0.45% | $26.68M | $35.83B | 4.73% | 78Outperform |
 STT | State Street | 0.44% | $26.48M | $45.05B | 41.18% | 75Outperform |
 WAB | Westinghouse Air Brake Technologies | 0.43% | $25.58M | $47.59B | 39.17% | 79Outperform |
 MRNA | Moderna | 0.43% | $25.40M | $101.48B | 944.76% | 59Neutral |
 DVN | Devon Energy | 0.42% | $24.96M | $46.43B | 30.16% | 79Outperform |
JHMM Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For JHMM, the sentiment is Negative. The current price of 72.21 is below the 20-day moving average (MA) of 73.16, below the 50-day MA of 73.17, and above the 200-day MA of 72.09, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 43.39 is Neutral, neither overbought nor oversold. The STOCH value of 38.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JHMM.
JHMM Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| JHMM | $72.21 | $79.00(9.40% Upside) | $5.98B | 0.41% | 70Neutral |
 FMDE | $40.72 | $47.81(17.42% Upside) | $8.58B | 0.23% | 69Neutral |
 XMMO | $129.57 | $175.11(35.15% Upside) | $5.98B | 0.34% | 71Outperform |
 XMHQ | $117.74 | $134.73(14.43% Upside) | $5.67B | 0.25% | 74Outperform |
 DON | $56.95 | $63.29(11.13% Upside) | $3.97B | 0.38% | 70Neutral |
 IVOO | $122.08 | $150.84(23.56% Upside) | $3.76B | 0.07% | 70Outperform |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JHMM | John Hancock Multifactor Mid Cap ETF | 72.21 | 7.76 | 12.04% | |
| FMDE | Fidelity Enhanced Mid Cap ETF | 40.72 | 4.98 | 13.92% | |
| XMMO | Invesco S&P MidCap Momentum ETF | 129.57 | -6.53 | -4.80% | |
| XMHQ | Invesco S&P MidCap Quality ETF | 117.74 | 15.65 | 15.33% | |
| DON | WisdomTree U.S. MidCap Dividend Fund | 56.95 | 6.93 | 13.84% | |
| IVOO | Vanguard S&P Mid-Cap 400 ETF | 122.08 | 12.96 | 11.87% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.