JHEM Stock Summary and Trading Ideas (John Hancock Multifactor Emerging Markets ETF | ARCA:JHEM)

John Hancock Multifactor Emerging Markets ETF seeks to pursue results that closely correspond, before fees and expenses, to the performance of the John Hancock Dimensional Emerging Markets Index. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the fund s Index, in depositary receipts representing securities included in the fund s Index, and in underlying stocks in respect of depositary receipts included in the fund s Index. The Index is designed to comprise a subset of securities of companies associated with emerging markets, which may include frontier markets (emerging markets in an earlier stage of development). Eligible companies are generally considered to be those with market capitalizations in the top 80% of an eligible country and the top 85% of all companies in eligible countries at the time of reconstitution. The selection and weighting of securities in the Index involves a rules-based process that may sometimes be referred to as multifactor investing, factor-based investing, strategic beta, or smart beta. With respect to each country, companies are classi ed according to their market capitalization, relative price, and pro tability.

John Hancock Multifactor Emerging Markets ETF trades on the ARCA stock market under the symbol JHEM.

As of April 19, 2024, JHEM stock price declined to $25.15 with 57,355 million shares trading.

JHEM has a beta of 0.87, meaning it tends to be less sensitive to market movements. JHEM has a correlation of 0.57 to the broad based SPY ETF.

JHEM has a market cap of $663.96 million. This is considered a Small Cap stock.

In the last 3 years, JHEM stock traded as high as $32.42 and as low as $20.97.

JHEM stock has underperformed the market in the last year with a return of +5.3%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in JHEM shares. However, JHEM has outperformed the market in the last 3 month and 2 week periods, returning +4.7% and -3.0%, while SPY returned +4.3% and -3.5%, respectively. This indicates JHEM has been having a stronger performance recently.

JHEM support price is $25.01 and resistance is $25.41 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JHEM stock will trade within this expected range on the day.