John Hancock Preferred Income ETF (JHPI)
JHPI is an actively managed ETF by John Hancock. JHPI launched on Dec 14, 2021 and has a 0.54% expense ratio.
ETF Info
| ISIN | US47804J7761 |
|---|---|
| Issuer | John Hancock |
| Inception Date | Dec 14, 2021 |
| Region | North America (U.S.) |
| Category | Preferred Stock/Convertible Bonds |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Value |
Expense Ratio
JHPI features an expense ratio of 0.54%, falling within the medium range.
Share Price Chart
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Popular comparisons: JHPI vs. FPFD
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in John Hancock Preferred Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
John Hancock Preferred Income ETF had a return of 11.78% year-to-date (YTD) and 17.89% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.78% | 19.79% |
| 1 month | 3.38% | 2.08% |
| 6 months | 6.90% | 9.01% |
| 1 year | 17.89% | 29.79% |
| 5 years (annualized) | N/A | 13.85% |
| 10 years (annualized) | N/A | 11.12% |
Monthly Returns
The table below presents the monthly returns of JHPI, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.94% | 0.80% | 1.79% | -1.86% | 2.44% | 0.54% | 0.78% | 2.13% | 11.78% | ||||
| 2023 | 7.25% | -2.08% | -5.95% | 1.14% | -0.58% | 0.57% | 1.90% | -0.15% | -1.22% | -3.16% | 6.33% | 3.77% | 7.25% |
| 2022 | -2.03% | -1.62% | 1.29% | -4.54% | 1.63% | -3.98% | 4.66% | -1.18% | -3.94% | -1.27% | 2.67% | -1.23% | -9.55% |
| 2021 | 0.62% | 0.62% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of JHPI is 87, placing it in the top 13% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for John Hancock Preferred Income ETF (JHPI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
John Hancock Preferred Income ETF granted a 6.05% dividend yield in the last twelve months. The annual payout for that period amounted to $1.42 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $1.42 | $1.40 | $1.36 | $0.06 |
Dividend yield | 6.05% | 6.44% | 6.27% | 0.24% |
Monthly Dividends
The table displays the monthly dividend distributions for John Hancock Preferred Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.02 | $0.08 | $0.12 | $0.15 | $0.07 | $0.13 | $0.14 | $0.09 | $0.00 | $0.80 | |||
| 2023 | $0.01 | $0.08 | $0.17 | $0.08 | $0.10 | $0.17 | $0.10 | $0.08 | $0.17 | $0.10 | $0.08 | $0.26 | $1.40 |
| 2022 | $0.03 | $0.08 | $0.17 | $0.09 | $0.08 | $0.14 | $0.07 | $0.09 | $0.16 | $0.09 | $0.11 | $0.24 | $1.36 |
| 2021 | $0.06 | $0.06 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the John Hancock Preferred Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the John Hancock Preferred Income ETF was 13.45%, occurring on Mar 20, 2023. Recovery took 243 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.45% | Jan 4, 2022 | 303 | Mar 20, 2023 | 243 | Mar 7, 2024 | 546 |
| -2.51% | Mar 28, 2024 | 13 | Apr 16, 2024 | 21 | May 15, 2024 | 34 |
| -1% | Jul 18, 2024 | 13 | Aug 5, 2024 | 7 | Aug 14, 2024 | 20 |
| -0.96% | May 21, 2024 | 3 | May 23, 2024 | 5 | May 31, 2024 | 8 |
| -0.79% | Dec 16, 2021 | 3 | Dec 20, 2021 | 1 | Dec 21, 2021 | 4 |
Volatility
Volatility Chart
The current John Hancock Preferred Income ETF volatility is 0.99%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.