John Hancock Hedged Equity ETFJohn Hancock Hedged Equity ETFJohn Hancock Hedged Equity ETF

John Hancock Hedged Equity ETF

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Key stats


Assets under management (AUM)
‪103.70 M‬USD
Fund flows (1Y)
‪101.17 M‬USD
Dividend yield (indicated)
0.41%
Discount/Premium to NAV
0.5%
Shares outstanding
‪3.88 M‬
Expense ratio
0.49%

Details


Brand
John Hancock
Inception date
Apr 8, 2026
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Synthetic
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
John Hancock Investment Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US47804J6516
CUSIP
47804J651
FIGI
BBG0219KN531
Identifiers
ISIN US47804J6516
CFI code
CEOJLS
JHDG seeks risk-adjusted returns by combining fundamental stock selection with a flexible options overlay. The portfolio primarily consists of US large-cap stocks selected through a bottom-up process that targets mispriced companies with strong business models and clear catalysts for value realization. As part of the strategy, the fund uses derivatives to shape its risk-return profile, participating in equity market gains while mitigating volatility and limiting drawdowns. It generates income by writing short-term, out-of-the-money covered calls on its holdings, which helps fund index put spreads that provide partial downside protection. The manager actively adjusts these positions based on market conditions, including adjusting hedge levels, reducing call exposure, or purchasing index call options to capture potential rebounds. However, the overlay may limit upside during strong bull markets.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Electronic Technology
Technology Services
Retail Trade
Finance
Breakdown by region
91%7%0.4%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy

Frequently asked questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
JHDG trades at 28.04 USD today, its price has risen 1.56% in the past 24 hours. Track more dynamics on JHDG price chart.
JHDG net asset value is 27.47 today — it's fallen 0.66% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
JHDG assets under management is ‪103.70 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
JHDG fund flows account for ‪101.17 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
JHDG invests in stocks. See more details in our Profile section.
JHDG expense ratio is 0.49%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, JHDG isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, JHDG pays dividends to its holders with the dividend yield of 0.41%.
JHDG trades at a premium (0.52%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
JHDG shares are issued by Manulife Financial Corp.
JHDG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 8, 2026.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.