ETF Evaluator:
JHancock Large Cap Opportunities ETF (JLCO)
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Best Performing in Large Value Over the Last Year
| 72.4% | iShares MSCI USA Value Factor ETF (VLUE) |
| 39.0% | SEI QiM U.S. Lrg Cap Value Actv ETF (SEIV) |
| 34.8% | LSV Disciplined Value ETF (LSVD) |
| 34.7% | iShares Core Dividend ETF (DIVB) |
| 34.4% | Avantis US Large Cap Value ETF (AVLV) |
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Risk
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ETF Details
JHancock Large Cap Opportunities ETF Overview
JHancock Large Cap Opportunities ETF (JLCO) is an actively managed U.S. Equity Large Value exchange-traded fund (ETF). John Hancock launched the ETF in 2026.
The investment seeks to provide long-term capital appreciation.
Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of large cap equity securities. Equity securities include common and preferred stocks and their equivalents, including real estate investment trusts (REITs), American Depositary Receipts (ADRs), warrants, rights, and convertible securities, and any other investment representing equity ownership in a company. The fund is non-diversified.
About JHancock Large Cap Opportunities ETF (JLCO)
There are 2 members of the management team with an average tenure of 0.05 years: Michael Scanlon (2026) and Leigh Pressman (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: S&P 500 TR USD(1936) index with a weighting of 100%. JHancock Large Cap Opportunities ETF has 52 securities in its portfolio. The top 10 holdings constitute 48.4% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
JHancock Large Cap Opportunities ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. JHancock Large Cap Opportunities ETF has 6.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 91.9% There is 6.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). JHancock Large Cap Opportunities ETF has 2.1% of the portfolio in cash.
Assets Under Management
The fund has $10 million in total assets, which is below the $5 billion average for the Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
JLCO Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The JHancock Large Cap Opportunities ETF expense ratio is below average compared to funds in the Large Value category. JHancock Large Cap Opportunities ETF has an expense ratio of 0.39%, which is 4% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. JHancock Large Cap Opportunities ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 40% for the Large Value category.
Recently, in the month of July 2026, JHancock Large Cap Opportunities ETF returned 0.0%, which earned it a grade of NA, as the Large Value category had an average return of 2.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
JHancock Large Cap Opportunities ETF has a trailing yield of 0.00%, which is below the 1.70% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
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JLCO Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| JLCO Return (NAV) | na | na | na | na | na | na |
| JLCO Return (Price) | na | na | na | na | na | na |
| NAV +/- Price Return | na | na | na | na | na | na |
| Large Value Avg | 2.4% | 5.9% | 24.1% | 16.3% | 11.3% | 12.1% |
| JLCO Grade (NAV) | na | na | na | na | na | na |
| +/- Category (NAV) | na | na | na | na | na | na |
| JLCO Tax-Cost Ratio | na | na | na | na | na | na |
JLCO Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| JLCO Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| JLCO Return (Price) | na | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | na | na | na | na | na | na | na | na | na | na | na |
| Large Value Avg | 14.4% | 14.8% | 15.5% | 13.1% | -6.5% | 26.7% | 5.4% | 27.4% | -6.6% | 17.7% | 15.7% |
| JLCO Grade (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| +/- Category | na | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 10 Mil |
| Share Class Assets: | $ 10 Mil |
| Turnover: | na |
| Expense Ratio: | 0.39% |
| Index Fund: | No |
| Index Tracked: | S&P 500 TR USD(1936) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 0.1 years | |||
| Average Tenure: 0.1 years | |||
| Managers (Year): Scanlon Michael (2026), Pressman Leigh (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 52 |
| % in Top 10 Holdings: | 48.4% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 6.0% |
Portfolio Allocation |
|
| Domestic Stock: | 91.9% |
| Foreign Stock: | 6.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 2.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | John Hancock |
| Phone Number: | 800-225-5291 |
| Website: | www.jhfunds.com |
| Inception Date: | July 14, 2026 |
Expenses and Fees
| Expense Ratio (%): | 0.39% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.37% |
