John Hancock International High Dividend ETF

John Hancock International High Dividend ETF (JHID) is an actively managed fund holding dividend-paying large- and mid-cap stocks from developed markets outside the U.S., picked by a systematic dividend screen. It yielded 3.59% over the 12 months to October 27, 2026, paid quarterly. Its 0.46% expense ratio, after a fee waiver, is higher than three similar funds charge, and its $10.9 million in assets as of June 30, 2026, is a fraction of theirs.

• Over the year to Oct 27, 2026, JHID returned +21.0%, 2nd of 4 among similar funds.
• Its worst full calendar year was 2024 (+3.7%); its best was 2025 (+41.5%).
• The deepest fall in its price history was 12.4% (Mar 19, 2025 to Apr 8, 2025), recovered by Apr 28, 2025.

As of Jun 30, 2026, the fund held 97 securities; the ten largest made up 20.69% of assets.

• Over the three months to Jun 30, 2026, investors withdrew a net $841K (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: +5.96%, +2.66%, -1.51%.

JHID, a John Hancock fund issued by Manulife, does not track an index. It is actively managed, with holdings selected and weighted by a proprietary systematic (rules-based) process. Its stated goal is a high level of current income. Under normal conditions, at least 80% of net assets go into dividend-paying large- and mid-cap companies from developed markets outside the U.S., and the manager weighs MSCI's country classifications in deciding which markets count as developed. Large- and mid-cap means companies in the top 85% of each country's free-float market value (the value of shares available to public investors).

Selection has two steps. A screen first looks for companies with high and persistent dividends, or dividends expected to grow. An optimization model then sets weights using factors for each stock and for the overall portfolio. The prospectus says this process can change over time, and the fund may focus on certain sectors. It can also hold preferred stock, convertibles, rights, warrants and REITs (real estate investment trusts).

As of June 30, 2026, the fund had 97 holdings and no derivatives. The top 10 made up 20.69% of assets, led by ABB at 2.15%. Many top positions were banks, such as Credit Agricole, Banco BPM, OCBC and DBS. Japan was the largest country at 16.35%. Portfolio turnover, a gauge of how much the holdings change in a year, was 37%.

• JHID charges 0.46% a year, versus an average of 0.2% for the similar funds below (4th of 4, cheapest first).
• Of that, 0.39% is the management fee; the rest covers other fund expenses.
• The fee includes a 1.57% waiver from the adviser, which may end.
• Using the prospectus's standard example, $10,000 invested would cost about $47 in the first year and $2,232 over 10 years (assuming a 5% annual return).

Its stated objective is a high level of current income, and its trailing 12-month yield was 3.59%, paid quarterly, as of October 27, 2026.

JHID could add dividend income from outside the U.S. Its trailing 12-month yield was 3.59% as of October 27, 2026, paid quarterly, though the prospectus warns that payouts can shrink if the dividends it collects fall. It has little record under stress. It launched in December 2022, after the 2008, 2020 and 2022 sell-offs. Its worst calendar year, 2024, was still a 3.48% gain. Its deepest drop, 12.4% from March 19 to April 8, 2025, was recovered by April 28, 2025. That says little about how it would hold up in a long bear market, when someone drawing income might have to sell shares at low prices.

Cost matters too. The SEC example shows $47 on $10,000 in year one but $2,232 over ten years, which implies much higher costs once the 1.57% fee waiver no longer applies. Past results don't predict the future, and a plan should look at the whole portfolio, not one fund.

Matched by holdings overlap from the latest N-PORT reports.