Core Viewpoint - The John Hancock Multifactor Large Cap ETF (JHML) is a passively managed ETF aimed at providing broad exposure to the Large Cap Blend segment of the US equity market, with assets exceeding $1.02 billion, positioning it among the larger ETFs in this category [1]. Group 1: ETF Overview - JHML was launched on September 28, 2015, and is sponsored by John Hancock [1]. - The ETF targets companies with market capitalizations above $10 billion, which are typically stable with predictable cash flows [2]. - The fund has an annual operating expense ratio of 0.29% and a 12-month trailing dividend yield of 1.12% [3]. Group 2: Sector Exposure and Holdings - The ETF has a significant allocation to the Information Technology sector, comprising about 25.40% of the portfolio, followed by Financials and Industrials [4]. - Microsoft Corp (MSFT) represents approximately 4.18% of total assets, with Nvidia Corp (NVDA) and Apple Inc (AAPL) also among the top holdings. The top 10 holdings account for about 22.53% of total assets [5]. Group 3: Performance Metrics - JHML aims to match the performance of the John Hancock Dimensional Large Cap Index, which includes securities from companies larger than the 801st largest U.S. company [6]. - The ETF has increased by about 8.92% year-to-date and approximately 17.33% over the past year, with a trading range between $59.74 and $75.49 in the last 52 weeks [7]. - It has a beta of 0.99 and a standard deviation of 16.23% over the trailing three-year period, indicating a medium risk profile [7]. Group 4: Alternatives and Market Position - JHML holds a Zacks ETF Rank of 2 (Buy), indicating favorable expected returns based on various factors [8]. - Other comparable ETFs include the SPDR S&P 500 ETF (SPY) and the Vanguard S&P 500 ETF (VOO), with assets of $655.33 billion and $703.83 billion respectively, and lower expense ratios of 0.09% for SPY and 0.03% for VOO [9]. Group 5: Industry Trends - Passively managed ETFs are gaining popularity among both institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [10].