John Hancock Preferred Etf Profile
| JHPI Etf | USD 23.03 0.05 0.22% |
Performance8 of 100
| Odds Of DistressLess than 9
|
John Hancock is trading at 23.03 as of the 28th of November 2024. This is a 0.22 percent increase since the beginning of the trading day. The etf's open price was 22.98. John Hancock has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for John Hancock Preferred are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its net assets in preferred stocks and other preferred securities. Jjohn Hancock is traded on NYSEARCA Exchange in the United States. More on John Hancock Preferred
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John Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Target Outcome ETFs, Asset Allocation ETFs, Preferred Stock, John Hancock (View all Sectors) |
| Issuer | John Hancock |
| Inception Date | 2021-12-14 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 44.66 Million |
| Asset Type | Multi Asset |
| Category | Asset Allocation |
| Focus | Target Outcome |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | State Street Bank and Trust Company |
| Advisor | John Hancock Investment Management LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Joseph H. Bozoyan, Bradley L. Lutz |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Apr |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 143 |
| Market Maker | Jane Street |
| Total Expense | 1.62 |
| Management Fee | 0.49 |
| Country Name | USA |
| Returns Y T D | 11.55 |
| Name | John Hancock Preferred Income ETF |
| Currency Code | USD |
| Open Figi | BBG014248233 |
| 1y Volatility | 6.7 |
| 200 Day M A | 22.6131 |
| 50 Day M A | 23.1996 |
| Code | JHPI |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
John Hancock Preferred [JHPI] is traded in USA and was established 2021-12-14. The fund is listed under Preferred Stock category and is part of John Hancock family. The entity is thematically classified as Target Outcome ETFs. John Hancock Preferred currently have 23.14 M in assets under management (AUM). , while the total return for the last year was 17.3%.
Check John Hancock Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on John Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding John Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as John Hancock Preferred Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top John Hancock Preferred Etf Constituents
| CMSA | CMS Energy Corp | Stock | Utilities | |
| AFGC | American Financial Group | Preferred Stock | Real Estate Services | |
| CMSC | CMS Energy Corp | Stock | Utilities | |
| CMSD | CMS Energy Corp | Stock | Utilities | |
| QRTEP | Qurate Retail | Preferred Stock | Internet Retail | |
| SREA | DBA Sempra 5750 | Stock | Financials | |
| UZE | United States Cellular | Stock | Utilities | |
| AQN | Algonquin Power Utilities | Stock | Utilities |
John Hancock Preferred Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in John Hancock. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0713 | |||
| Jensen Alpha | 0.0129 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.37) |
John Hancock Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John Hancock Preferred. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
The market value of John Hancock Preferred is measured differently than its book value, which is the value of John that is recorded on the company's balance sheet. Investors also form their own opinion of John Hancock's value that differs from its market value or its book value, called intrinsic value, which is John Hancock's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because John Hancock's market value can be influenced by many factors that don't directly affect John Hancock's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between John Hancock's value and its price as these two are different measures arrived at by different means. Investors typically determine if John Hancock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, John Hancock's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.