Many have utilized sector plays to better control their portfolio exposure to varying market conditions. With exchange traded funds, investors can utilize smart-beta or multi-factor strategies to better diversify their sector exposure and potentially enhance returns.
In the upcoming webcast, A Smart (Beta) Approach to Sector ETFs, Joel Schneider, Senior Portfolio Manager & Vice President of Dimensional Fund Advisors, and Steve Deroian, Head of ETF Strategy at John Hancock Investments, will take a closer look at the Dimensional Fund Advisors methodology and the multi-factor sector ETFs that employ the strategies.
Specifically, the sector-specific smart-beta ETF options include the John Hancock Multifactor Consumer Discretionary ETF (NYSEArca: JHMC), John Hancock Multifactor Financials ETF (NYSEArca: JHMF), John Hancock Multifactor Healthcare ETF (NYSEArca: JHMH), John Hancock Multifactor Technology ETF (NYSEArca: JHMT), John Hancock Multifactor Consumer Staples ETF (NYSEArca: JHMS), John Hancock Multifactor Energy ETF (NYSEArca: JHME), John Hancock Multifactor Industrials ETF (NYSEArca: JHMI), John Hancock Multifactor Materials ETF (NYSEArca: JHMA) and John Hancock Multifactor Utilities ETF (NYSEArca: JHMU).[related_stories]
The smart-beta indices follow a rules-based selection process that may be seen as a multi-factor approach.