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JHDG

GradeBNew York Stock Exchange Arca

John Hancock Hedged Equity ETF

John Hancock Investments · Inception 2026-04-08

$28.08−0.15 (−0.53%)

As of Sep 23, 2026, 1:42 PM EDT

History starts May 4, 2026.History starts May 4, 2026.History starts May 4, 2026.
Intraday session: down, 5 prints from 28.23 to 28.08. Range 28.00 to 28.19. Use the arrow keys to read each point.$28.00$28.05$28.15$28.2010 AM12 PM2 PM4 PM
Expense ratio
0.49%
Fund size
$110M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
120
Volume · 30D
0M sh
NAV per share
$28.51
52W range
low $25.62high $28.81

The ETF.net JHDG Grade

B

67/ 100

Confidence Medium

Six-pillar profile for JHDG. Scores out of 100: Cost 69, Risk 91, Mission not scored, Tradability 52, Holdings 55, Durability 51. Strongest: Risk (91). Weakest: Durability (51). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 67 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 69
    —

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 91
    —

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 52
    —

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 55
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 51
    —

Graded as of Aug 18, 2026 · Based on 5 of 6 pillars

Our read on JHDG

ETF.net Research

BStock picking with a seatbelt: roughly 120 high-conviction US large caps wrapped in an actively managed options overlay built to soften drawdowns rather than chase every rally. John Hancock's 2026 entry into hedged equity.

Stated mandate

The fund seeks long-term capital appreciation while aiming for lower volatility and downside protection than broad equity markets. It combines high-conviction fundamental selection of primarily large-capitalization U.S. equities with an actively managed options hedge.

Why people hold it

  1. 01The hedge is the point: a fundamental large-cap portfolio paired with an actively managed options overlay aimed at lower volatility and smaller drawdowns than the broad market.prnewswire.com
  2. 02At 0.81%, it comes in under HEGD, the closest hedged-equity peer measured against the same S&P 500 benchmark.
  3. 03About 120 names, not index sprawl. High-conviction fundamental selection in US large caps means the manager's picks actually move the portfolio.

Worth knowing

  1. 01The 0.81% fee sits above the typical active US large-cap ETF, and unhedged peers like DFAC and FELC charge a fraction of that.
  2. 02Launched in 2026 and thinly traded, so spreads can run wider than in giant index funds and there is little live history to judge.
  3. 03Hedges cut both ways: an overlay designed to cushion declines also costs option premium and can trim gains when the market runs straight up.

JHDG Holdings

As of Aug 19, 2026, 3:00 AM
Asset class
Other
Holdings
120
Top-10 weight
45%
Largest holding
GOOGL7.3%

Sectors

  • Technology28.4%
  • Consumer Discr.12.7%
  • Health Care11.2%
  • Financials10.3%
  • Industrials9.1%
  • Communication8.5%
  • Cons. Staples6.3%
  • Energy5.9%
  • Materials4.4%
  • Real Estate2.3%
  • Utilities0.8%

Geography

  • United States90.33%
  • Ireland2.59%
  • France2.54%
  • United Kingdom2.29%
  • Canada0.85%
  • Switzerland0.39%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001GOOGLALPHABET INC CL A7.26%—$7M513
002MSFTMICROSOFT CORP6.00%—$5M560
003AMZNAMAZON.COM INC5.77%—$5M500
004NVDANVIDIA CORP4.37%—$4M580
005JPMJPMORGAN CHASE + CO4.07%—$4M339
006AMATAPPLIED MATERIALS INC3.88%—$3M415
007AVGOBROADCOM INC3.59%—$3M532
008COSTCOSTCO WHOLESALE CORP3.57%—$3M346
009LLYELI LILLY + CO3.37%—$3M396
010MUMICRON TECHNOLOGY INC3.01%—$3M465
011BRK.BBERKSHIRE HATHAWAY INC CL B2.79%—$3M2
012WMTWALMART INC2.43%—$2M357
013PANWPALO ALTO NETWORKS INC2.39%—$2M374
014QQNITY ELECTRONICS INC2.35%—$2M202
015MRVLMARVELL TECHNOLOGY INC2.09%—$2M340

Showing 1–15 of 30 holdings

JHDG Performance

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

Performance data is unavailable.

Returns run to the last market 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 JHDG. Periods over one year show the average yearly return.
PeriodJHDG
Year to dateHistory unavailable—
1 monthHistory unavailable—
3 monthsHistory unavailable—
1 yearHistory unavailable—
3 yearsHistory unavailable—per year
5 yearsHistory unavailable—per year
10 yearsHistory unavailable—per year

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 return data is unavailable.

JHDG in the news

JHDG 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 unavailableLast 12 months
Payout per share
Data unavailableLast 12 months

Distribution data unavailable.

JHDG Risk

How much the fund’s monthly returns vary, scaled to a year.
—
No data available
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.
—
No data available
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.
—
No data available
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.
0.69
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.

JHDG Cost

Expense Ratio
0.49%