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Launched · SEC filings

John Hancock Hedged Equity ETF

JHDGNYSE ArcaJohn Hancock InvestmentsB

$27.64−0.08 (−0.27%)

As of Nov 2, 2026, 3:43 PM ET

B59/ 100

Rank 45 of 126 in US Active Equity

B59/100Rank 45 of 126inUS Active Equity
Intraday session: down, 70 prints from 27.72 to 27.64. Range 27.64 to 27.88. Use the arrow keys to read each point.27.7527.8027.8510 AM12 PM2 PM4 PM
Expense ratio
0.49%*
Fund size
$131M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
65
Avg volume · 30D
21.5K sh
52W range
low $25.62high $28.81
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Jul 31, 2027. Without it: 0.81%.

The ETF.net JHDG Grade

B

Score 59 out of 100

Category
US Active Equity⁠
Rank
45 of 126
Six-pillar profile for JHDG. Scores out of 100: Cost 66, Risk 71, Mission 91, Tradability 42, Holdings 55, Durability 52. Strongest: Mission (91). Weakest: Tradability (42). Leans toward Mission.

Score 59 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B66 out of 100
    Rank 40 of 126

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A91 out of 100
    Rank 5 of 49

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A71 out of 100
    Rank 16 of 126

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C42 out of 100
    Rank 73 of 126

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B55 out of 100
    Rank 67 of 124

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C52 out of 100
    Rank 68 of 126

Our read on JHDG

ETF.net Research

In short

BA hand-picked large-cap core with a hedge bolted on: around 120 US stocks measured against the S&P 500, plus an actively managed options overlay aimed at softening drawdowns. 0.49% net of a waiver through July 31, 2027.

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

  • 0.49% net of a waiver through July 31, 2027 (0.81% gross) sits below the category median and under options-hedged peers such as HEGD at 0.87%.
  • One ticker, two jobs: high-conviction fundamental stock selection and an actively managed options hedge, run inside the fund instead of bolted on by you.
  • What's inside matches the filings closely: roughly 120 primarily large-cap US stocks, with the S&P 500 named as the reference point.
  • A 2026 arrival that already stands in the upper half of a crowded active US equity field.

Worth knowing

  • Launched April 2026, so the record is short and the hedge has not yet been through a full market cycle.
  • Assets are modest and trading is light next to the category's index giants, which can mean wider bid-ask spreads.
  • Cushioning costs money: option premium plus a fee above plain index trackers like AVLC at 0.15%. That is the trade for aiming at lower volatility.

JHDG Performance

Launched Apr 8, 2026

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.Not enough history yet.Not enough history yet.
JHDG$9,890
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. JHDG $9,890. SPY $10,141. Use the arrow keys to read each point.$9,800$10,000$10,200$10,400Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – 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 JHDG. Periods over one year show the average yearly return.
PeriodJHDG
Year to dateFund launched this yearNo data
1 month−1.1%
3 months−1.1%
1 yearFund is under 1 year oldNo data
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 JHDG
YearReturn barJHDG
2026 YTD+4.2%

History from May 4, 2026

JHDG in the news

JHDG Dividends

Last payment
$0.02 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 2 payments in 2026 YTD. Jun 26, 2026 $0.03; Sep 28, 2026 $0.02. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 28, 2026Sep 30, 2026$0.02
Jun 26, 2026Jun 30, 2026$0.03

JHDG Risk

Risk pillarA71 out of 100Rank 16 of 126 in US Active Equity
How much the fund’s monthly returns vary, scaled to a year.
Launched Apr 2026; fills in after 12 months
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.
Launched Apr 2026; fills in after 12 months
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.
Launched Apr 2026; fills in after 12 months
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.

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

JHDG Cost

Compare JHDG and TACU

Overpaying vs TACU, cheapest in US Active Equity

$9,792

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

  • JHDG 0.49%

    $9,792

  • TACU 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • JHDG 0.49%
  • TACU 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530JHDG $9,792TACU $0

Year by year

YearJHDGTACUOverpaying
10$883$0$883
20$3,394$0$3,394
30$9,792$0$9,792
How the 0.49% is worked out

Full fee 0.81%− waiver 0.32%= you pay 0.49%

The waiver ends Jul 31, 2027. After that the fee is 0.81% unless John Hancock Investments renews it. Source: prospectus, Jul 2026.

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