JHMM vs IWS: Holdings Overlap
JHMMJohn Hancock Multifactor Mid Cap ETF
John Hancock · 666 holdings · $6.0B · as of 2026-03-31
IWSiShares Russell Mid-Cap Value ETF
iShares · 712 holdings · $15.9B · as of 2026-03-31
How similar are JHMM and IWS?
John Hancock Multifactor Mid Cap ETF (JHMM, by John Hancock) holds 666 positions; iShares Russell Mid-Cap Value ETF (IWS, by iShares) holds 712. They have 496 holdings in common, and by portfolio weight the two funds are 63.6% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 63.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 496JHMM holds 666 · IWS holds 712
- Weight in Shared Holdings
- JHMM 83%·IWS 71%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in JHMM
170 of 666 positions (16.8% of the fund) are not held by IWS. Showing the top 30 by weight.
Only in IWS
216 of 712 positions (29.2% of the fund) are not held by JHMM. Showing the top 30 by weight.
Sector Breakdown
| Sector | JHMM | IWS |
|---|---|---|
| Industrials | 20.0% | 17.1% |
| Financials | 15.5% | 15.1% |
| Information Technology | 13.9% | 12.3% |
| Health Care | 10.7% | 7.6% |
| Consumer Discretionary | 9.8% | 7.8% |
| Other Sectors | 29.8% | 39.6% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| JHMM | +3.3% | +17.3% | +24.7% | +15.8% | +8.8% | +11.9% | 0.86% |
| IWS | +3.3% | +22.1% | +29.8% | +16.6% | +9.8% | +10.4% | 1.27% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in JHMM vs IWS →
Shared Holdings(496)
The top 10 shared positions account for 7% of the overlap, led by KEYS, ETR and CIEN.
 KEYSKeysight Technologies, Inc. COM | 0.52% | 0.49% | 0.49% |
|---|---|---|---|
 ETREntergy Corporation COM | 0.49% | 0.51% | 0.49% |
 CIENCiena Corporation COM NEW | 0.47% | 0.56% | 0.47% |
 AMEAmetek, Inc. COM | 0.46% | 0.50% | 0.46% |
 TERTeradyne Inc. COM | 0.44% | 0.47% | 0.44% |
 COHRCoherent Corp COM | 0.44% | 0.42% | 0.42% |
 FITBFifth Third Bancorp COM | 0.42% | 0.43% | 0.42% |
 EBAYeBay Inc. COM | 0.42% | 0.42% | 0.42% |
 WABWestinghouse Air Brake Technologies Corp. | 0.41% | 0.43% | 0.41% |
 HIGThe Hartford Insurance Group Inc. COM | 0.47% | 0.39% | 0.39% |
 ROKRockwell Automation, Inc. COM | 0.38% | 0.38% | 0.38% |
 LITELumentum Holdings Inc. COM | 0.37% | 0.47% | 0.37% |
 STTState Street Corp. COM | 0.36% | 0.36% | 0.36% |
 FANGDiamondback Energy Inc COM | 0.35% | 0.40% | 0.35% |
 LNGCheniere Energy Inc COM NEW | 0.45% | 0.34% | 0.34% |
 CBRECBRE Group, Inc., Class A | 0.33% | 0.36% | 0.33% |
 HPEHewlett Packard Enterprise Co. COM | 0.36% | 0.32% | 0.32% |
 MTBMandT BANK CORP COMMON STOCK USD.5 | 0.34% | 0.32% | 0.32% |
 HBANHuntington Bancshares Incorporated COM | 0.31% | 0.32% | 0.31% |
 GRMNGarmin Ltd COM CHF10.00 | 0.31% | 0.38% | 0.31% |
 KRThe Kroger Co. COM | 0.30% | 0.43% | 0.30% |
 ACGLArch Capital Group Ltd. COM USD0.01 | 0.30% | 0.34% | 0.30% |
 NDAQNasdaq Inc COM | 0.30% | 0.39% | 0.30% |
 DVNDevon Energy Corporation COM | 0.29% | 0.31% | 0.29% |
 DOVDover Corporation COM | 0.30% | 0.29% | 0.29% |
Showing the top 250 of 496 shared holdings by overlap weight.
Frequently Asked Questions
How much do JHMM and IWS overlap?
JHMM and IWS overlap by 63.6% of portfolio weight. They share 496 holdings (JHMM holds 666 positions and IWS holds 712), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JHMM and IWS?
The two portfolios are 63.6% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of JHMM and IWS?
The largest positions held by both funds are KEYS, ETR, CIEN, AME and TER. Together the top 10 shared positions account for 7% of the total overlap.
What does JHMM own that IWS doesn't?
170 positions (16.8% of JHMM) are unique to JHMM, led by TRGP, FIX and MPWR. In the other direction, 216 positions (29.2% of IWS) are unique to IWS.