John Hancock Exchange-Traded Fund Trust - John Hancock International High Dividend ETF (JHID)

Overview

The John Hancock International High Dividend ETF (IHDV) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Morningstar Developed ex-North America Dividend Yield Focus Index. The ETF focuses on high-dividend-yielding international equities outside of North America, aiming for income generation.

Reputation and Reliability

John Hancock is a well-established financial services company with a long history and strong reputation in the investment management industry.

Management Expertise

John Hancock Investment Management has a team of experienced professionals managing various investment strategies, including ETFs, with a focus on providing consistent returns.

Goal

The ETF's primary investment goal is to track the Morningstar Developed ex-North America Dividend Yield Focus Index and provide a high level of current income.

Investment Approach and Strategy

Strategy: The ETF aims to replicate the performance of an index that selects dividend-paying companies outside of North America.

Composition The ETF holds a diversified portfolio of international equities with high dividend yields, primarily focusing on developed markets outside North America.

Market Share: Data not readily available to determine specific market share.

Total Net Assets (AUM): 332717831

Key Competitors

• SCHY
• PID
• FIDI

Competitive Landscape

The international high-dividend ETF market includes several players. IHDV competes by offering exposure to a specific index and focusing on dividend income. Its advantages may include a different weighting methodology or selection criteria compared to competitors. Disadvantages may arise from expense ratios, tracking error, or concentration in specific countries or sectors.

Historical Performance: Historical performance data should be retrieved from financial data providers such as Yahoo Finance or Bloomberg. Returns vary and need to be analyzed for specific periods.

Benchmark Comparison: A comparison to the Morningstar Developed ex-North America Dividend Yield Focus Index is necessary to evaluate the ETF's performance. Outperformance or underperformance versus the benchmark should be quantified.

Expense Ratio: 0.49

Average Trading Volume

IHDV's average trading volume indicates reasonable liquidity, facilitating efficient trading for most investors.

Bid-Ask Spread

The bid-ask spread is typically narrow, reflecting reasonable liquidity and lower transaction costs.

Market Environment Factors

Economic conditions in developed ex-North America markets, interest rate policies, currency fluctuations, and dividend payout trends impact IHDV. Sector-specific factors also play a role.

Growth Trajectory

The ETF's growth depends on international market performance, dividend yields, and investor demand for income-generating assets. Strategic adjustments may involve tweaking the index-tracking methodology.

Competitive Edge

IHDV's competitive edge lies in its focused approach to international high-dividend stocks, aiming to replicate the Morningstar Developed ex-North America Dividend Yield Focus Index. The index's methodology may offer diversification benefits. John Hancock's brand recognition also lends credibility. The fund's expense ratio also impacts its attractiveness to investors. Overall, IHDV provides investors with a potentially appealing means of accessing high dividend-paying equities from developed international markets.

Volatility

IHDV's volatility is influenced by the volatility of the underlying international equities, currency fluctuations, and market sentiment. Historical volatility data provides insights.

Market Risk

Market risk includes equity market declines, sector-specific downturns, and currency risks associated with international investments. Dividend cuts can also impact returns.

Ideal Investor Profile

The ideal investor for IHDV is a risk-averse investor seeking income from international equities, who understands the complexities of international investing and is willing to accept some volatility.

Market Risk

IHDV is suitable for long-term investors seeking income diversification and potential capital appreciation but may not be suitable for active traders due to its focus on dividend income.

The John Hancock International High Dividend ETF (IHDV) provides targeted exposure to high-dividend-yielding stocks in developed markets outside North America. The ETF tracks the Morningstar Developed ex-North America Dividend Yield Focus Index, offering a diversified portfolio of international equities. It suits risk-averse investors seeking consistent income but carries risks associated with international market volatility and currency fluctuations. IHDV may be best for long-term investors prioritizing income and diversification rather than short-term gains.

Data Sources:

• John Hancock Investment Management Website
• Morningstar
• Yahoo Finance
• Bloomberg

Disclaimers:

The data provided is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor. Market share data may not be exact and is subject to change.