JHPI vs. IPPP ETF Comparison

Comparison of John Hancock Preferred Income ETF (JHPI) to Preferred-Plus ETF (IPPP)

JHPI

John Hancock Preferred Income ETF

JHPI Description

Under normal market conditions, the fund invests at least 80% of its net assets in preferred stocks and other preferred securities. Preferred stocks and preferred securities include, but are not limited to, convertible preferred securities, corporate hybrid securities, trust preferred securities, cumulative and non-cumulative preferred stock, and depositary shares of preferred stock. The adviser will concentrate its investments in the group of industries that comprise the utilities and the communication sectors.

Grade (RS Rating)

Last Trade

$22.20

Average Daily Volume

7,398

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

IPPP

Preferred-Plus ETF

IPPP Description

The investment seeks to provide income. The fund invests at least 80% of its net assets (plus any borrowings made for investment purposes) in a portfolio of preferred securities issued by U.S. and non-U.S. companies. It may invest in preferred securities of all issuer capitalizations. The fund may also invest in publicly-traded partnerships (“PTPs”). The Advisor intends to maintain approximately 10% asset exposure to a credit spread options strategy, although market conditions may dictate additional exposure.

Grade (RS Rating)

Last Trade

$9.85

Average Daily Volume

11,874

Number of Holdings ^*

18

* may have additional holdings in another (foreign) market

Performance

Period	JHPI	IPPP
30 Days	-0.14%	0.40%
60 Days	1.31%	0.81%
90 Days	1.96%	1.11%
12 Months	16.03%	23.54%

8 Overlapping Holdings

	Symbol	Grade	Weight in JHPI	Weight in IPPP	Overlap
	AQNB	A	1.53%	1.32%	1.32%
	CMSD	B	1.25%	0.63%	0.63%
	ESGRP	A	0.45%	1.32%	0.45%
	NRUC	A	0.22%	1.07%	0.22%
	NSS	A	0.76%	0.86%	0.76%
	SREA	C	1.35%	1.25%	1.25%
	UNMA	A	0.61%	0.63%	0.61%
	UZE	C	0.38%	0.79%	0.38%

JHPI Overweight 7 Positions Relative to IPPP

	Symbol	Grade	Weight
	AQNU	B	1.09%
	DTW	C	0.9%
	CMSA	C	0.8%
	QRTEP	C	0.56%
	VZ	D	0.52%
	AFGC	C	0.52%
	CMSC	C	0.21%

JHPI Underweight 10 Positions Relative to IPPP

	Symbol	Grade	Weight
	AGNC	B	-1.41%
	WTFCP	A	-1.32%
	CHSCL	B	-1.03%
	T	C	-0.98%
	CHSCN	B	-0.88%
	TBC	C	-0.61%
	PRS	C	-0.61%
	RZB	A	-0.61%
	SOJD	C	-0.57%
	FITBI	A	-0.39%

JHPI: Top Represented Industries & Keywords

Industries: Other Insurance Insurance - Diversified Internet Retail Telecom Services Utilities - Renewable

Keywords: Electricity Natural Gas Gas Storage Fields Insurance Natural Gas Storage Renewable Energy Access Devices Actuarial Science Ammonia Broadband Broadband Services Broadcast Networks Cancer Chemical Chester County Cloud Services Coke Colonial Life & Accident Insurance Company Consulting And Other Services Corporate Owned Life Insurance

IPPP: Top Represented Industries & Keywords

Industries: Other Farm Products Banks - Regional Banks - Regional - US Insurance - Diversified REIT - Residential Telecom Services

Keywords: Ammonia Crude Oil Insurance Petroleum Products Refined Petroleum Products Agribusiness Agriculture Animal Feed Animal Health Animal Health Products Bank Banking Bean Oil Commercial Banking Commodity Risk Management Brokerage Critical Illness Crop Protection Products Crops Crude Soybean Oil Diesel Fuel