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JHAUX

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Analysis and statistics

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About

JHAUX.US represents the John Hancock Multifactor Large Cap ETF. This exchange-traded fund seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the John Hancock Dimensional Large Cap Index. The index utilizes a rules-based approach seeking to overweight securities with smaller market capitalizations, higher profitability, and lower relative price within the U.S. large cap equity universe. The fund invests in a diversified portfolio of U.S. large cap stocks, employing a multifactor strategy intended to outperform traditional market capitalization-weighted benchmarks over the long term.
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Factors

[Net Asset Value (NAV)]: JHAUX.US's price primarily reflects its NAV, calculated daily by dividing the fund's total assets (holdings, cash) minus liabilities by the number of outstanding shares.

[Underlying Holdings Performance]: The performance of the assets JHAUX.US invests in (e.g., stocks, bonds) directly impacts its NAV and price. Strong performance boosts NAV, while weak performance lowers it.

[Market Sentiment/Demand]: Investor demand for JHAUX.US can influence its price, especially if it deviates significantly from its NAV. High demand may push the price above NAV (a premium), while low demand can cause it to trade at a discount.

[Expense Ratio]: JHAUX.US's expense ratio (annual cost of managing the fund) indirectly affects price by reducing the fund's overall returns. Higher expense ratios can lead to lower NAV growth compared to similar funds.

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