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John Hancock Fundamental All Cap Core ETF

JHACNYSE ArcaJohn Hancock InvestmentsD

$15.630.00 (−0.01%)

As of Nov 2, 2026, 10:00 AM ET

D33/ 100

Rank 13 of 17 in US Active Quality

D33/100Rank 13 of 17inUS Active Quality
Intraday session: down, 1 prints from 15.63 to 15.63. Range 15.63 to 15.63. Use the arrow keys to read each point.15.6315.6315.6310 AM12 PM2 PM4 PM
Expense ratio
0.72%*
Fund size
$4M
1Y total return
+2.3%
Yield · Last 12 months
2.28%
Holdings
49
Avg volume · 30D
246 sh
52W range
low $13.26high $16.02
Launched

*After a fee waiver that ends Jul 31, 2027. Without it: 5.11%.

The ETF.net JHAC Grade

D

Score 33 out of 100

Category
US Active Quality⁠
Rank
13 of 17
Six-pillar profile for JHAC. Scores out of 100: Cost 38, Risk 23, Mission 64, Tradability 13, Holdings 62, Durability 44. Strongest: Mission (64). Weakest: Tradability (13). Leans toward Mission and Holdings.

Score 33 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
33
This cap took
0
Published Score
33 Grade D

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D38 out of 100
    Rank 10 of 17

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B64 out of 100
    Rank 6 of 6

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F23 out of 100
    Rank 14 of 16

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F13 out of 100
    Rank 16 of 17

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B62 out of 100
    Rank 8 of 17

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C44 out of 100
    Rank 13 of 17

Our read on JHAC

ETF.net Research

In short

DA rare shielded active ETF: Manulife's analysts run an all-cap book of cash-generative businesses, and you see a daily tracking basket instead of the full holdings. Fee is 0.72% net of a waiver through July 31, 2027.

Stated mandate

The fund seeks long-term capital appreciation.

Why people hold it

  • Runs under an SEC exemptive order as a semi-transparent ETF: it posts a daily tracking basket designed to closely track the portfolio, keeping the manager's actual trades out of public view.jhinvestments.comjhinvestments.com 2
  • Go-anywhere equity mandate. At least 80% of net assets in stocks spanning the full capitalization spectrum, with room for up to 20% in foreign issuers and ADRs. No index to hug.jhinvestments.com
  • Bottom-up research hunting growth drivers, sustainable cash flow and high returns on capital; positions get sold when they hit target valuation or the fundamentals deteriorate.jhinvestments.com
  • Subadvised by Manulife Investment Management (US), which ran this all-cap strategy as a composite before the ETF opened in 2023.jhinvestments.com

Worth knowing

  • You pay up for the research: 0.72% net of a waiver through July 31, 2027, above the category median, with gross expenses at 5.11% while the asset base stays small.
  • Fully transparent peers cost less: PSET at 0.15% and QLTY at 0.50%, neither leaning on a waiver.
  • Small and thinly traded, so spreads can run wide, and the prospectus notes traders tend to charge more when they get less holdings information.jhinvestments.com

JHAC Holdings

Holdings pillarB62 out of 100Rank 8 of 17 in US Active Quality
Asset class
Stocks
Holdings
49
Top-10 weight
47%
Largest holding
MSFT8.4%

Sectors

  • Technology27.5%
  • Consumer Discretionary23.9%
  • Financials15.9%
  • Communication8.9%
  • Industrials6.5%
  • Health Care6.3%
  • Energy4.9%
  • Real Estate3.5%
  • Consumer Staples1.5%
  • Materials1.1%

Geography

  • United States93.78%
  • Canada2.54%
  • Belgium1.53%
  • Israel1.16%
  • Switzerland0.79%
  • Italy0.20%
The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1MSFTMicrosoft Corp.8.39%614$315K819
2AMZNAmazon.com, Inc.7.11%1,071$267K738
3METAMeta Platforms, Inc.5.06%262$190K708
4GOOGLAlphabet, Inc., Class A4.76%519$179K707
5AVGOBroadcom, Inc.4.46%476$167K753
6TSMTaiwan Semiconductor Manufacturing Company, Ltd.4.23%348$159K283
7NVDANVIDIA Corp.4.05%665$152K848
8No dataJh Ctf 20491231 00001.0000000000 0.000%, 12/31/20493.46%12,968$130K1
9KKRKKR & Company, Inc.3.13%1,286$117K274
10TMOThermo Fisher Scientific, Inc.2.81%156$105K386
11ROPRoper Technologies, Inc.2.65%284$99.2K353
12LNGCheniere Energy, Inc.2.64%368$99K279
13LENLennar Corp.2.54%1,166$95.1K251
14FWONKLiberty Media Corp.2.31%938$86.7K136
15MCKMcKesson Corp.2.16%95$81.1K371

Showing 1–15 of 49 holdings

JHAC Performance

Launched Nov 1, 2023

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
JHAC$10,228
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. JHAC $10,228. SPY $11,199. Use the arrow keys to read each point.$9,000$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for JHAC. Periods over one year show the average yearly return.
PeriodJHAC
Year to date+3.6%
1 month+1.6%
3 months+1.4%
1 year+2.3%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for JHAC
YearReturn barJHAC
2026 YTD+3.6%
2025+5.1%
2024+23.7%
2023+15.3%

History from Nov 2, 2023

JHAC in the news

JHAC Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
2.28%Last 12 months
Payout per share
$0.36Last 12 months
Last payment
$0.36 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2023–2026

One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 26, 2023 $0.02; Dec 27, 2024 $0.10; Dec 29, 2025 $0.36. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 29, 2025Dec 31, 2025$0.36
Dec 27, 2024Dec 31, 2024$0.10
Dec 26, 2023Dec 29, 2023$0.02

$10,000 in JHAC 1 year ago paid $228 in dividends.

JHAC Risk

Risk pillarF23 out of 100Rank 14 of 16 in US Active Quality
How much the fund’s monthly returns vary, scaled to a year.
14.6%
Annualised · 35 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.62
vs 3-month T-bills · 35 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−24.4%
35 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.16
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

JHAC Cost

Compare JHAC and NPFE

Overpaying vs NPFE, cheapest in US Active Quality

$5,867

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • JHAC 0.72%

    $13,957

  • NPFE 0.40% Cheapest

    $8,090

$10,000
30 years

Cost over time

  • JHAC 0.72%
  • NPFE 0.40%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530JHAC $13,957NPFE $8,090

Year by year

YearJHACNPFEOverpaying
10$1,284$723$561
20$4,888$2,793$2,095
30$13,957$8,090$5,867
How the 0.72% is worked out

Full fee 5.11%− waiver 4.39%= you pay 0.72%

The waiver ends Jul 31, 2027. After that the fee is 5.11% unless John Hancock Investments renews it. Source: prospectus, Jul 2026.

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