John Hancock Exchange Traded Fund Trust - U S High Divided ETF (JHDV)

Overview

The John Hancock U.S. High Dividend ETF (NYSEARCA: HDIV) seeks to provide investment results that, before fees and expenses, correspond to the performance of the John Hancock U.S. High Dividend Index. It primarily invests in high-dividend-yielding U.S. equities, aiming to generate income and capital appreciation.

Reputation and Reliability

John Hancock is a well-established financial services company with a long history in asset management, offering a range of investment products and known for its reliable fund management.

Management Expertise

The fund is managed by a team of experienced investment professionals at John Hancock Investment Management, bringing considerable expertise in dividend investing and portfolio management.

Goal

The fund's primary goal is to track the John Hancock U.S. High Dividend Index and provide a high level of current income and capital appreciation.

Investment Approach and Strategy

Strategy: The ETF seeks to replicate the performance of the John Hancock U.S. High Dividend Index, which is comprised of U.S. companies with high dividend yields.

Composition The ETF holds a basket of U.S. equities characterized by high dividend yields. The composition includes stocks from various sectors, with a tilt towards value-oriented companies.

Market Share: HDIV has a moderate market share within the high-dividend ETF segment.

Total Net Assets (AUM): 120474550

Key Competitors

• Schwab U.S. Dividend Equity ETF (SCHD)
• Vanguard High Dividend Yield ETF (VYM)
• iShares Select Dividend ETF (DVY)

Competitive Landscape

The high-dividend ETF market is competitive, with SCHD and VYM holding significant market shares. HDIV offers a different index methodology focusing on companies with sustainable dividend paying abilities. Compared to competitors, HDIV may have a different sector allocation and weighting scheme, providing diversification benefits, or potential downside due to its methodology.

Historical Performance: Historical performance can be visualized with a chart showing returns over 1, 3, 5, and 10 year periods.

Benchmark Comparison: The ETF's performance is compared to the John Hancock U.S. High Dividend Index to assess its tracking accuracy.

Expense Ratio: 0.4

Average Trading Volume

HDIV's average trading volume is moderate, indicating reasonable liquidity for most investors.

Bid-Ask Spread

HDIV bid-ask spread is usually within an acceptable range, depending on the trading volume.

Market Environment Factors

Economic factors such as interest rates, inflation, and overall market sentiment can significantly impact the performance of high-dividend stocks, affecting HDIV.

Growth Trajectory

HDIV's growth trajectory is influenced by the performance of its underlying high-dividend stocks. Any changes in the index methodology and holdings may affect its performance.

Competitive Edge

HDIV differentiates itself through its proprietary index, which focuses on high dividend stocks. This index uses factors to assess dividend sustainability. The fund targets investors seeking income and potential capital appreciation. While it competes with larger dividend ETFs, its unique index methodology provides a differentiating factor.

Volatility

HDIV's volatility is comparable to other high-dividend ETFs, and is tied to the volatility of the underlying stocks within the index.

Market Risk

HDIV faces market risk, including sector-specific risks, fluctuations in interest rates, and changes in investor sentiment towards dividend-paying stocks.

Ideal Investor Profile

The ideal investor is someone seeking a steady stream of income through dividend payments, with a moderate risk tolerance and a long-term investment horizon.

Market Risk

HDIV is best suited for long-term investors who want to invest in companies with consistent high dividends.

The John Hancock U.S. High Dividend ETF seeks to track the John Hancock U.S. High Dividend Index, aiming to provide a high level of current income and capital appreciation. It competes with other high-dividend ETFs, providing investors a differentiated approach to dividend investing through a proprietary index methodology. The ideal investor is someone seeking consistent income and long-term capital appreciation with a moderate risk tolerance. Its expense ratio and liquidity are competitive, but investors should compare them against the other dividend ETFs.

Data Sources:

• John Hancock Investment Management
• ETF.com
• Morningstar
• Bloomberg

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual risk tolerance and financial circumstances.