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Is John Hancock Multifactor Large Cap ETF (JHML) a Strong ETF Right Now?
ZACKS· 2025-09-02 11:21
Core Insights - The John Hancock Multifactor Large Cap ETF (JHML) debuted on September 28, 2015, and provides broad exposure to the Style Box - Large Cap Blend category of the market [1] Fund Overview - JHML is managed by John Hancock and has accumulated over $1.02 billion in assets, making it one of the larger ETFs in its category [5] - The fund aims to match the performance of the John Hancock Dimensional Large Cap Index, which includes securities from companies with market capitalizations larger than the 801st largest U.S. company [5] Cost Structure - The annual operating expenses for JHML are 0.29%, which is competitive with most peer products [6] - The fund has a 12-month trailing dividend yield of 1.11% [6] Sector Exposure and Holdings - JHML's largest sector allocation is in Information Technology, comprising approximately 25.3% of the portfolio, followed by Financials and Industrials [7] - Microsoft Corp (MSFT) represents about 4.45% of the fund's total assets, with Nvidia Corp (NVDA) and Apple Inc (AAPL) also among the top holdings [8] - The top 10 holdings account for approximately 23.89% of total assets under management [8] Performance Metrics - As of September 2, 2025, JHML has gained roughly 10.12% year-to-date and approximately 13.23% over the past year [10] - The fund has traded between $59.74 and $76.71 in the past 52 weeks, with a beta of 0.98 and a standard deviation of 15.94% over the trailing three-year period, indicating medium risk [10] Alternatives - JHML is positioned as a strong option for investors looking to outperform the Style Box - Large Cap Blend segment, with alternatives like iShares Core S&P 500 ETF (IVV) and Vanguard S&P 500 ETF (VOO) also available [11] - IVV has $661.34 billion in assets and an expense ratio of 0.03%, while VOO has $725.27 billion in assets with the same expense ratio [11]
低费率创业板人工智能ETF华夏(159381)近5日吸金超2亿元,光模块CPO含量超50%
Mei Ri Jing Ji Xin Wen· 2025-09-02 05:03
Group 1 - The A-share market experienced fluctuations, with the AI computing sector undergoing a short-term correction, as indicated by the decline of over 2% in the entrepreneurial board AI index, which has a CPO weight of over 50% in optical modules [1] - Alibaba reported a revenue of 33.398 billion yuan for its cloud business in Q2 2025, marking a year-on-year growth of 26%, with AI-related revenue continuing to grow at triple-digit rates, contributing over 20% to external commercialization revenue [1] - Nvidia anticipates capital expenditures of approximately $600 billion this year for CSPs, with the Chinese market expected to reach around $50 billion, projecting an annual growth rate of about 50% in China [1] Group 2 - The high-end optical module market in China holds a global market share of 70%, benefiting significantly from the current AI computing construction wave [2] - The Huaxia entrepreneurial board AI ETF (159381) tracks the entrepreneurial board AI index (970070.CNI) and focuses on leading companies in the AI industry chain, particularly in high-demand AI computing sectors [2] - The top three weighted stocks in the optical module CPO, which accounts for over 50% of the index, are Xinyi Sheng (20.3%), Zhongji Xuchuang (18.8%), and Tianfu Communication (6.5%) [2]
Is First Trust Small Cap Core AlphaDEX ETF (FYX) a Strong ETF Right Now?
ZACKS· 2025-09-01 11:21
Core Insights - The First Trust Small Cap Core AlphaDEX ETF (FYX) debuted on May 8, 2007, and provides broad exposure to the Style Box - Small Cap Blend category of the market [1] Fund Overview - FYX is managed by First Trust Advisors and has accumulated over $880.27 million in assets, categorizing it as an average-sized ETF in its segment [5] - The fund aims to match the performance of the Nasdaq AlphaDEX Small Cap Core Index, which utilizes the AlphaDEX stock selection methodology [5] Cost Structure - FYX has annual operating expenses of 0.61%, making it one of the more expensive options in the smart beta ETF space [6] - The ETF has a 12-month trailing dividend yield of 1.13% [6] Sector Allocation - The Financials sector represents 20.6% of the portfolio, followed by Industrials and Consumer Discretionary as the next largest sectors [7] - The top 10 holdings account for approximately 4.31% of total assets under management, with Commscope Holding Company, Inc. (COMM) being the largest individual holding at about 0.58% [8] Performance Metrics - Year-to-date, FYX has gained approximately 6.63% and is up about 10.81% over the last 12 months as of September 1, 2025 [10] - The ETF has a beta of 1.13 and a standard deviation of 22.17% over the trailing three-year period, indicating medium risk [10] Alternatives - Other ETFs in the small-cap blend space include iShares Russell 2000 ETF (IWM) and iShares Core S&P Small-Cap ETF (IJR), which have significantly larger asset bases and lower expense ratios [12]
Should iShares Core High Dividend ETF (HDV) Be on Your Investing Radar?
ZACKS· 2025-09-01 11:21
Core Insights - The iShares Core High Dividend ETF (HDV) is a passively managed fund launched on March 29, 2011, with assets exceeding $11.67 billion, focusing on the Large Cap Value segment of the US equity market [1] - Large cap companies, with market capitalizations above $10 billion, are considered more stable and less volatile compared to mid and small cap companies [2] - Value stocks typically have lower price-to-earnings and price-to-book ratios, and while they have outperformed growth stocks in the long term, they may underperform during strong bull markets [3] Costs - The ETF has an annual operating expense ratio of 0.08%, making it one of the least expensive options in its category, with a 12-month trailing dividend yield of 3.29% [4] Sector Exposure and Top Holdings - The ETF has a significant allocation to the Healthcare sector at approximately 22.9%, followed by Energy and Consumer Staples [5] - Exxon Mobil Corp (XOM) constitutes about 8.29% of total assets, with the top 10 holdings representing around 50.64% of total assets under management [6] Performance and Risk - HDV aims to match the performance of the Morningstar Dividend Yield Focus Index, which includes high-quality U.S. companies with strong financial health and sustainable dividend payouts [7] - The ETF has gained about 11.43% year-to-date and approximately 8.22% over the past year, with a trading range between $108.41 and $123.66 in the last 52 weeks [7] - With a beta of 0.64 and a standard deviation of 13% over the trailing three years, HDV is classified as a medium-risk investment [8] Alternatives - HDV carries a Zacks ETF Rank of 3 (Hold), indicating it is a viable option for investors seeking exposure to the Large Cap Value market [9] - Other comparable ETFs include Schwab U.S. Dividend Equity ETF (SCHD) with $72.51 billion in assets and Vanguard Value ETF (VTV) with $143.81 billion, with expense ratios of 0.06% and 0.04% respectively [10] Bottom-Line - Passively managed ETFs like HDV are increasingly popular among retail and institutional investors due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [11]
Should WisdomTree U.S. SmallCap Dividend ETF (DES) Be on Your Investing Radar?
ZACKS· 2025-09-01 11:21
Core Viewpoint - The WisdomTree U.S. SmallCap Dividend ETF (DES) is a passively managed fund aimed at providing broad exposure to the Small Cap Value segment of the US equity market, with assets exceeding $1.90 billion, making it one of the larger ETFs in this category [1]. Group 1: Fund Overview - The fund was launched on June 16, 2006, and is sponsored by WisdomTree [1]. - It targets small cap companies with market capitalizations below $2 billion, which are considered high-potential stocks but come with higher risks compared to larger counterparts [2]. Group 2: Investment Characteristics - Value stocks, which the fund focuses on, typically have lower price-to-earnings and price-to-book ratios, as well as lower sales and earnings growth rates [3]. - Historically, value stocks have outperformed growth stocks in nearly all markets, although growth stocks tend to perform better in strong bull markets [3]. Group 3: Costs and Performance - The ETF has an annual operating expense ratio of 0.38% and a 12-month trailing dividend yield of 2.67% [4]. - As of September 1, 2025, the ETF has gained approximately 0.89% year-to-date and 2.67% over the past year, with a trading range between $28.02 and $37.69 in the past 52 weeks [7]. Group 4: Risk and Diversification - The ETF has a beta of 0.99 and a standard deviation of 20.39% over the trailing three-year period, categorizing it as a medium-risk investment [8]. - With around 576 holdings, the fund effectively diversifies company-specific risk [8]. Group 5: Alternatives and Market Position - The WisdomTree U.S. SmallCap Dividend ETF holds a Zacks ETF Rank of 3 (Hold), indicating a sufficient option for investors seeking exposure to the Small Cap Value area [9]. - Other comparable ETFs include the iShares Russell 2000 Value ETF (IWN) with $11.74 billion in assets and an expense ratio of 0.24%, and the Vanguard Small-Cap Value ETF (VBR) with $31.35 billion in assets and a lower expense ratio of 0.07% [10]. Group 6: Investor Appeal - Passively managed ETFs like DES are increasingly favored by retail and institutional investors due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [11].
Is JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) a Strong ETF Right Now?
ZACKS· 2025-09-01 11:21
Core Insights - The JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) offers investors exposure to the mid-cap blend category, utilizing a rules-based approach to combine risk-based portfolio construction with multi-factor security selection [1][6]. Fund Overview - JPME was launched on May 11, 2016, and has accumulated over $372.98 million in assets, positioning it as an average-sized ETF in its category [1][5]. - The fund aims to match the performance of the Russell Midcap Diversified Factor Index before fees and expenses [5]. Investment Strategy - JPME employs non-cap weighted strategies, focusing on fundamental characteristics to select stocks with better risk-return performance [3][4]. - The fund's annual operating expenses are 0.24%, which is competitive within its peer group [7]. Sector Exposure - The ETF has a significant allocation in the Industrials sector, comprising approximately 12% of the portfolio, followed by Healthcare and Consumer Staples [8]. - The top 10 holdings account for about 4.96% of total assets, with Tapestry Inc Common (TPR) being the largest individual holding at 0.55% [9]. Performance Metrics - Year-to-date, JPME has increased by approximately 6.41%, and it has risen about 7.16% over the past 12 months as of September 1, 2025 [11]. - The fund has a beta of 0.93 and a standard deviation of 16.09% over the trailing three-year period, indicating effective diversification of company-specific risk [11]. Alternatives - Other ETFs in the mid-cap blend space include the Vanguard Mid-Cap ETF (VO) and the iShares Core S&P Mid-Cap ETF (IJH), which have significantly larger asset bases and lower expense ratios [12][13].
南方基金:中央汇金大举增持股票ETF!
Sou Hu Cai Jing· 2025-09-01 01:49
Market Performance - The market continued its upward trend last week, with major indices mostly rising. The Shanghai Composite Index closed at 3857.93 points, up 0.84% for the week, while the ChiNext Index closed at 2890.13 points, up 7.74% for the week [1] Sector Performance - In the CITIC industry sectors, the telecommunications, non-ferrous metals, and electronics indices had the highest gains, while the comprehensive financial, textile and apparel, and coal indices experienced the largest declines [1] ETF Investments - Central Huijin significantly increased its holdings in stock ETFs, with a total market value of 1.28 trillion yuan as of the end of June, representing a nearly 23% increase from the end of last year [4][5] - Central Huijin's asset management company increased its stock ETF holdings to 1.58 times that of the end of last year, with multiple broad-based ETFs receiving over 1 billion shares in increases [5] Securities Industry Performance - In the first half of 2025, 42 A-share listed securities firms reported a total operating income of 251.87 billion yuan, a year-on-year increase of 30.8%, and a net profit attributable to shareholders of 104.02 billion yuan, up 65.08% year-on-year [6] Fund Performance - The average performance of active equity funds exceeded 23% in the first eight months of the year, with an average net value growth rate of 23.89% [7][8] - Ordinary stock funds and equity-mixed funds achieved average net value growth rates of 28.38% and 28.79%, respectively, benefiting from market recovery [8] Deposit Trends - The phenomenon of "deposit migration" accelerated in July, with a decrease of 1.1 trillion yuan in new deposits from residents, while non-bank institutions saw an increase of 2.14 trillion yuan [9] Global Market Signals - Federal Reserve officials are signaling a potential interest rate cut, with an 86.9% probability of a 25 basis point cut in September according to market expectations [10][11] ETF Growth - The CSI 300 ETF has seen a significant increase of nearly 400 billion yuan in total scale over the past year, becoming one of the most关注的 categories in the broad-based ETF market [12] Future Market Outlook - The macro strategy department of Southern Fund believes the current market trend remains promising, driven by the resonance of "overseas liquidity shift" and "domestic incremental capital entry" [12] - Three main investment themes are suggested: domestic production, globalization, and leading companies, focusing on sectors like non-ferrous metals, coal, and photovoltaic [13]
四大证券报精华摘要:9月1日
Xin Hua Cai Jing· 2025-09-01 00:01
Group 1: Technology Sector Performance - The technology sector in the A-share market has shown significant performance, with Industrial Fulian's market value surpassing 1 trillion yuan and the communication and electronics industries experiencing a monthly increase of over 20% [1] - Many technology companies reported impressive earnings in their semi-annual reports, reflecting the effectiveness of increased R&D investments [1][5] - The overall trend indicates that Chinese technology enterprises are solidifying their technological foundations, contributing to the economic transformation [1] Group 2: Overall Market Recovery - As of August 31, 5424 A-share companies disclosed their semi-annual reports, achieving a total revenue of approximately 34.9 trillion yuan, a year-on-year increase of 0.03% [2] - The net profit attributable to shareholders reached about 2.99 trillion yuan, marking a year-on-year growth of 2.45% [2] - A significant portion of companies, 2908, reported a year-on-year increase in net profit, indicating a recovery across various industries, including agriculture, steel, and electronics [2][3] Group 3: Mid-Year Dividend Trends - A record high of 810 companies announced mid-year cash dividend plans, with a total proposed payout of 6428.08 billion yuan, reflecting a year-on-year increase of 9.56% in dividend amounts [6] - Among companies with dividends exceeding 1 billion yuan, state-owned enterprises account for about 30% [6] - The banking sector has also seen a notable increase in mid-year dividends, with 17 banks disclosing dividend plans, including seven banks that are implementing dividends for the first time since their listings [7] Group 4: R&D Investment - A-share companies reported over 810 billion yuan in R&D investments in the first half of 2025, with several industries, including software development and biopharmaceuticals, showing high R&D intensity [12] - Six companies, including BYD and China Mobile, each invested over 10 billion yuan in R&D [12] Group 5: Mergers and Acquisitions Trends - The A-share market is witnessing a shift in mergers and acquisitions from "buying scale" to "acquiring technology," with a notable increase in transactions involving core technologies [11] - In 2025, there have been 21 merger and acquisition projects focused on core technologies, totaling 2.569 billion yuan [11]
海外股市震荡 A股成长风格占优
Xin Lang Cai Jing· 2025-08-31 16:31
Group 1 - The overall trend in overseas stock markets was volatile, with US stocks declining due to weak semiconductor performance and a rise in core PCE year-on-year [1] - The A-share market saw a daily trading volume exceeding 2.9 trillion yuan, with the ChiNext Index and the Sci-Tech Innovation 50 Index both rising over 7% [1] - The current market cycle shows similarities to the period from 2012 to 2015, with overseas stock indices leading the way followed by a rebound in A-shares [1] Group 2 - The A-share Shanghai Composite Index recorded a monthly year-on-year return of 35.74%, surpassing major global indices and reaching a new high since 2016 [2] - The hereditary planning industry rotation model has performed well this year, achieving an absolute return of 36.15%, significantly outperforming the industry equal-weight benchmark by 17.81 percentage points [2] - The domestic absolute return ETF simulation portfolio has accumulated a return of 6.89% this year, reflecting a balanced approach to macroeconomic sensitivity and capital response [2] Group 3 - In global asset allocation, the current strategy favors bonds and foreign exchange, with a simulated portfolio annualized return of 7.25% and a Sharpe ratio of 1.50 [3] - Recent market sentiment is warming, indicating potential increases in volatility, which may present new opportunities and challenges for investors [4]
Billionaires Buy 2 Magnificent Index Funds That a Wall Street Analyst Says Could Soar 132%
The Motley Fool· 2025-08-31 08:00
Core Insights - Several billionaire fund managers have recently invested in S&P 500 index funds, indicating a strong belief in the potential for significant growth in the index by the end of the decade [1][2] - Tom Lee from Fundstrat Global Advisors predicts the S&P 500 will reach 15,000 by 2030, representing a 132% increase from its current level of 6,460 [2][15] - The S&P 500 index is considered a reliable benchmark for the overall U.S. stock market, encompassing 500 large companies across various sectors [1] Investment Activity - Notable billionaire hedge fund managers have made substantial purchases of S&P 500 index funds in the second quarter, including: - Cliff Asness acquired 72,200 shares of SPDR S&P 500 ETF Trust and 134,800 shares of Vanguard S&P 500 ETF [5] - Israel Englander added 1.2 million shares of SPDR S&P 500 ETF Trust, making it his seventh-largest position [5] - Paul Tudor Jones purchased 1.8 million shares of SPDR S&P 500 ETF Trust, now his largest position, along with 36,700 shares of Vanguard S&P 500 ETF [5] - Tom Steyer bought 5.5 million shares of SPDR S&P 500 ETF Trust, also his largest position [5] Comparison of Index Funds - The Vanguard S&P 500 ETF and SPDR S&P 500 ETF Trust both track the same index, covering about 80% of U.S. stocks and 40% of global stocks by market value [6] - SPDR S&P 500 ETF Trust is noted for its higher liquidity and narrower bid-ask spread, while Vanguard S&P 500 ETF has a lower expense ratio of 0.03% compared to SPDR's 0.0945% [7] Investment Thesis - The S&P 500 has historically provided strong returns, advancing 1,910% over the last three decades, with an annual compounding rate of 10.5% [9] - The index has never declined over any 15-year period since its inception in 1957, ensuring profitability for long-term investors [10] - A significant majority of professional investors have underperformed the S&P 500, with nearly 85% of large-cap funds lagging behind over the last decade [11] Future Outlook - Tom Lee attributes the potential rise of the S&P 500 to two main factors: - The millennial generation, which is entering peak earnings years and is set to inherit over $40 trillion, influencing economic dynamics [15] - A projected global labor shortage of 80 million workers by 2030, driving demand for AI and technology, which constitutes 34% of the S&P 500 by market value [16]