“Schwab ETF OneSource was launched in February of 2013, and currently offers 232 ETFs covering 69 Morningstar categories,” according to a statement.
SEE MORE: Smart-Beta ETFs Backed by Financial Science
Other Hancock ETFs include the the John Hancock Multifactor Large Cap ETF (NYSEArca: JHML), John Hancock Multifactor Mid Cap ETF (NYSEArca: JHMM), John Hancock Multifactor Consumer Discretionary ETF (NYSEArca: JHMC), John Hancock Multifactor Financials ETF (NYSEArca: JHMF), John Hancock Multifactor Healthcare ETF (NYSEArca: JHMH) and John Hancock Multifactor Technology ETF (NYSEArca: JHMT).
Indexes used by Hancock ETFs use market-capitalization adjustments where it increases the weights of smaller companies within the eligible universe and decreases the weights of larger names. The weighting methodology suggests that the ETFs may follow a more equal-weight tilt with greater exposure to smaller companies than traditional market-cap weighted index funds.