JHSC
John Hancock Multifactor Small Cap ETF
SMB
Adj. R2
0.964
Rel. Sharpe
0.661
Mkt beta
0.99
AUM
US$703M
MER
0.46%
Valuation
110
ETF comparison
Verified factor-similar pair
JHSC vs QVMM
These two ETFs meet the same FF6 US comparison criteria: US-listed equity ETFs, the same USD model basis, at least one material non-market factor, and 100% overlap in statistically significant material factor exposure.
SMB
Similarity score
87
Verified similar
The score combines exposure-level distance, factor-vector shape, market-beta closeness, and a small backtested relative-Sharpe term.
Quick Read
- QVMM has the higher backtested relative Sharpe (1.065 vs 0.661).
- QVMM has the lower published fee (0.15% vs 0.46%).
- JHSC is cheaper on dividend valuation (110 vs 120, where 100 is each fund's historical median).
- JHSC has the stronger regression fit (adjusted R-squared 0.964 vs 0.940).
These are screening signals, not a complete review of portfolio construction, turnover, taxes, or trading quality.
QVMM
Invesco S&P MidCap 400 QVM Multi-factor ETF
SMB
Adj. R2
0.940
Rel. Sharpe
1.065
Mkt beta
1.01
AUM
US$392M
MER
0.15%
Valuation
120
Factor Exposure Match
Blue bars compare raw factor beta magnitude. Green bars compare absolute t-stat strength. Dim bars indicate the t-stat is below 1.96.
SMB
diff +0.05
HML
diff +0.05
RMW
diff -0.09
CMA
diff -0.12
UMD
diff +0.01
Why This Pair Matches
Exposure level
85
Exposure shape
99
Mkt beta diff
0.02
Rel. Sharpe diff
0.404
This comparison focuses on measured factor exposure. It does not compare holdings methodology, turnover, tax handling, or issuer process. Backtested relative Sharpe is a secondary signal rather than a stand-alone forecast. See methodology.
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