John Hancock Corporate Bond ETF Q2 2026 Commentary

U.S. investment-grade corporate bonds gained in the second quarter. The fund outperformed its benchmark, the Bloomberg U.S. Corporate Bond Index. Individual security selection and sector allocation contributed to relative outperformance. An overweight position in the financials sector and an underweight position in the industrials sector added the most value. Within the fund, the financials sector remains a notable overweight, and we remain focused on individual security selection and adding incremental yield.