(JHHY) John Hancock - Ratings and Ratios
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • • High Yield Bond
JHHY: U.S. Dollar, High-Yield, Corporate, Bonds, ETF, Securities
The John Hancock Exchange-Traded Fund Trust (NYSE ARCA: JHHY) is a high-yield bond ETF that primarily invests in U.S.-dollar-denominated corporate bonds with below-investment-grade ratings. Under normal market conditions, the fund allocates at least 80% of its net assets to these securities, which are rated between BB+ to D by S&P Global Ratings or Fitch Ratings, or Ba1 to D by Moodys Investors Service. It also includes unrated bonds deemed equivalent in quality by the funds managers. This strategy targets higher yields compared to investment-grade debt, though it comes with increased credit risk. The fund is designed to provide exposure to the high-yield corporate bond market, offering a diversified portfolio of lower-rated debt instruments.
As of the latest data, the fund has total assets under management (AUM) of $36.01 million, indicating a modest size in the ETF universe. Its average trading volume over 20 days is 1,035 shares, suggesting limited liquidity. The funds last price was $25.63, with key moving averages showing a short-term SMA20 of $25.67 and a SMA50 of $25.49, indicating slight upward momentum over the past 50 days. The SMA200 of $24.84 reflects longer-term growth. The Average True Range (ATR) of 0.06 signals relatively low volatility, consistent with the nature of fixed-income securities.
3-Month Forecast: Based on the funds technical and fundamental data, the outlook for JHHY is neutral to slightly bullish in the near term. The SMA20 and SMA50 are converging, suggesting potential consolidation in the short term. If the funds price breaks above $25.70, it could test resistance levels near $25.85, driven by stable income flows from its high-yield bond holdings. However, the low ATR of 0.06 indicates limited price movement, with downside risk mitigated by the funds focus on higher-yielding, lower-rated bonds. Fundamentally, the U.S. interest rate environment will play a key role, as rising rates could pressure bond prices, though the funds AUM growth may reflect investor demand for yield in a low-rate market.
Additional Sources for JHHY ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
JHHY ETF Overview
Market Cap in USD | 36m |
Category | High Yield Bond |
IPO / Inception | 2024-05-01 |
JHHY ETF Ratings
Growth 5y | 47.2% |
Fundamental | - |
Dividend | 36.5% |
Rel. Strength Industry | 3.23 |
Analysts | - |
Fair Price Momentum | 25.68 USD |
Fair Price DCF | - |
JHHY Dividends
Dividend Yield 12m | 6.64% |
Yield on Cost 5y | 7.12% |
Annual Growth 5y | -63.24% |
Payout Consistency | 100.0% |
JHHY Growth Ratios
Growth Correlation 3m | 79.8% |
Growth Correlation 12m | 97.2% |
Growth Correlation 5y | 97.2% |
CAGR 5y | 8.25% |
CAGR/Max DD 5y | 5.01 |
Sharpe Ratio 12m | 1.15 |
Alpha | 2.85 |
Beta | 0.19 |
Volatility | 5.61% |
Current Volume | 0.9k |
Average Volume 20d | 1k |
As of March 15, 2025, the stock is trading at USD 25.54 with a total of 865 shares traded.
Over the past week, the price has changed by -0.66%, over one month by -0.53%, over three months by +0.86% and over the past year by +8.25%.
Partly, yes. Based on ValueRay Analyses, John Hancock (NYSE ARCA:JHHY) is currently (March 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 47.20 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of JHHY as of March 2025 is 25.68. This means that JHHY is currently overvalued and has a potential downside of 0.55%.
John Hancock has no consensus analysts rating.
According to ValueRays Forecast Model, JHHY John Hancock will be worth about 27.9 in March 2026. The stock is currently trading at 25.54. This means that the stock has a potential upside of +9.16%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 27.9 | 9.2% |