JHSC

John Hancock Multifactor

Small Cap ETF

JHSC

  • Index designed by

    Dimensional Fund Advisors
  • NAV

    $25.48
    as of 12/14/17
  • Change

    $-0.26
  • Inception date

    11/08/17

Key facts

* Net expense ratio (what you pay) represents the effect of a fee waiver and/or expense reimbursement, contractual through 8/31/19, and is subject to change.
 

Market performance is determined using the bid/ask midpoint at 4 P.M., Eastern time, when the NAV is typically calculated; your returns may differ if you traded shares at other times. NAV is calculated by dividing the total value of all the securities in the fund’s portfolio plus cash, interest, and receivables, minus any liabilities, by the number of fund shares outstanding.

 

Premium/discount reflects the relationship between an ETF’s market price and its net asset value (NAV). Because ETFs are traded on an exchange, their market prices are in part driven by supply-and-demand dynamics. The ETF’s market price may be above its NAV (reflecting a premium) or below its NAV (reflecting a discount).

Performance

Performance

Average annual total returns (%)

Average annual total returns (%)

Distributions

Quarter: as of

# of Days
Premium/discount

For the most current premium/discount information, please refer to the key facts section.

  

Market performance is determined using the bid/ask midpoint at 4 P.M., Eastern time, when the NAV is typically calculated; your returns may differ if you traded shares at other times. NAV is calculated by dividing the total value of all the securities in the fund’s portfolio plus cash, interest, and receivables, minus any liabilities, by the number of fund shares outstanding.

 

After-tax returns are calculated based on NAV using the historical highest individual federal marginal income-tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an individual investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred accounts, such as 401(k) plans or IRAs.
 

Premium/discount reflects the relationship between an ETF’s market price and its net asset value (NAV). Because ETFs are traded on an exchange, their market prices are in part driven by supply-and-demand dynamics. The ETF’s market price may be above its NAV (reflecting a premium) or below its NAV (reflecting a discount). Premiums or discounts are the percentage differences between the NAV and the market price of the fund on a given day, generally at the time the NAV is calculated. A premium is the amount that the fund is trading above the reported NAV, expressed as a percentage of the NAV. A discount is the amount that the fund is trading below the reported NAV, expressed as a percentage of the NAV. A discount or premium could be significant. Past performance does not guarantee future results.
 

The past performance shown here reflects reinvested distributions and the beneficial effect of any expense reductions, and does not guarantee future results. Returns for periods shorter than one year are cumulative. Shares will fluctuate in value and, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance cited.

 

John Hancock Dimensional Small Cap Index is a rules-based index of small-cap U.S. stocks that have been selected based on sources of expected returns. Securities eligible for inclusion in the index are classified according to their market capitalization, as defined by free-float market cap; relative price, as defined by price/book; and profitability, as defined by operating income over book, and are weighted accordingly in favor of smaller, less expensive, more profitable companies. The index is reconstituted and rebalanced on a semiannual basis. Index performance assumes reinvestment of dividends and, unless otherwise indicated, does not reflect the management fees, operating expenses, transaction costs, and other expenses that apply to an ETF. It is not possible to directly invest in an index. Past performance does not guarantee future results. Click here for more information on index construction.

 

The Russell 2000 Index tracks the performance of approximately 2,000 publicly traded small-cap companies in the United States. It is not possible to invest directly in an index.

Market capitalization is the value of a corporation determined by the market price of its issued and outstanding common stock. The weighted average market capitalization of a portfolio reflects the relative size of its holdings. Price to earnings (P/E) is a valuation measure comparing the ratio of a stock’s price with its earnings per share. Price to book (P/B) is the ratio of a stock's price to its book value per share. 

 

Investing involves risks, including the potential loss of principal. There is no guarantee that the fund's investment strategies will be successful. Small company stocks could fall out of favor, and value stocks may decline in price. ETF shares are bought and sold through exchange trading at market price (not NAV), and are not individually redeemed from the fund. Due to various factors, shares may trade at a premium or discount to their NAV in the secondary market, and a fund’s holdings and returns may deviate from those of its index. These variations may be greater when markets are volatile or subject to unusual conditions. Brokerage commissions will reduce returns. Errors in the construction or calculation of a fund’s index may occur from time to time. Please see the fund’s prospectus for additional risks.

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