John Hancock Multifactor Technology ETF (JHMT) is an exchange-traded fund that seeks to track the performance of the John Hancock Dimensional Technology Index, prior to fees and expenses, by investing in growth and value stocks of U.S. companies operating across information technology sectors, including diversified market capitalizations. The ETF employs a full replication technique and focuses on securities in the technology sector with market capitalizations larger than the 1001st largest U.S. technology company, emphasizing multifactor strategies such as size, relative value, profitability, and momentum. JHMT was formed on September 28, 2015, as part of the John Hancock Exchange-Traded Fund Trust domiciled in the United States and managed by John Hancock Investment Management, a division of Manulife Investment Management.
The fund provides exposure to core technology holdings, targeting investors seeking sector-specific equity allocations with a systematic, rules-based approach subadvised by Dimensional Fund Advisors. It trades on the NYSE Arca exchange and serves financial professionals and individual investors aiming for potential outperformance through multifactor investing relative to traditional market-cap-weighted technology indices.
In recent developments, John Hancock Investment Management announced plans in late 2024 to close and liquidate 10 sector-specific ETFs as part of a strategic portfolio rationalization, though JHMT was not among the funds targeted for closure. The firm continues to emphasize its multimanager ETF platform, including ongoing oversight of Dimensional Fund Advisors' strategies and quarterly updates to investor fact sheets reflecting portfolio allocations and performance. JHMT remains active amid broader ETF market growth, with no reported acquisitions, new product launches, or major reorganizations specific to the fund in 2024 or 2025.