Mid-Cap Value ETF (VOE)


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Refer to the prospectus of the underlying fund for details.

Sub Account Details

Vanguard Mid-Cap Value ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the CRSP U.S. Mid Cap Value Index. The Fund invests in all of its assets.

Intraday Optimized Value Ticker Intraday Optimized Value IOV , also known as the Intraday Indicative Value IIV , is the calculated per share price of the ETF which is published every 15 seconds based on the last sale price of each of the underlying securities in the portfolio basket, plus any estimated cash amounts associated with the creation unit.

Central tendency Expected range. How to read our stylebox. The performance data shown represent past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so investors' shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data cited.

Sector categories are based on the Industry Classification Benchmark, except for the "Other" category if applicable , which includes securities that have not been provided a Industry Classification Benchmark as of the effective reporting period. Portfolio holdings may exclude any temporary cash investments and equity index products. Holdings policy for this fund. Risk and volatility are based on the share class with the earliest inception date. Risk measures are calculated from trailing month fund returns relative to the associated benchmarks.

An investment in the fund could lose money over short or even long periods. The chance that stock prices overall will decline. Stock markets tend to move in cycles, with periods of rising stock prices and periods of falling stock prices.

Because the fund seeks to track its target index, the fund may underperform the overall stock market. The chance that returns from mid-capitalization value stocks will trail returns from the overall stock market.

Historically, mid-cap stocks have been more volatile in price than the large-cap stocks that dominate the overall market, and they often perform quite differently.

Mid-cap stocks tend to have greater volatility than large-cap stocks because, among other things, medium-size companies are more sensitive to changing economic conditions. Risk and volatility details. Investments are subject to market risk. Go to the performance page to read more about risk and volatility. Comparison of index methodologies. Statement of additional information. Vanguard believes in active management. Your input was invalid.

Summary prospectus A simplified, standardized version of a statutory prospectus. Statutory prospectus Includes detailed discussions of investment objectives and policies, risks, costs, and past performance. Statement of additional information A document provided as a supplement to a mutual fund prospectus.

Vanguard portfolio holdings disclaimer. Vanguard may publish on this Site, in the fund's holdings on the webpages, the ten largest stock portfolio holdings of a Vanguard fund, and the percentage of the fund's total assets that each of these holdings represents as of the most recent calendar-quarter-end, 15 calendar days after the end of the calendar quarter, except for Vanguard index funds 15 calendar days after the end of the month. Vanguard may also publish on this Site, in the fund's holdings on the webpages, the ten largest stock portfolio holdings of a Vanguard fund, and the aggregate percentage that these holdings represent of the fund's total net assets and equities, as of the most recent month-end, ten business days after the end of the month.

Vanguard may also publish on this site, in the fund's holdings on the webpages, a detailed list of the securities held in certain actively managed Vanguard ETFs portfolio holdings on a daily basis. Vanguard may publish on this Site, in the fund's holdings on the webpages, a detailed list of the securities aggregated by issuer for money market funds held in a Vanguard fund portfolio holdings as of the most recent calendar-quarter-end, 30 days after the end of the calendar quarter, except for Vanguard Market Neutral Fund 60 calendar days after the end of the calendar quarter , Vanguard index funds 15 calendar days after the end of the month , and Vanguard Money Market Funds within five [5 business days after the last business day of the preceding month.

Except with respect to Vanguard Money Market Funds, Vanguard may exclude any portion of these portfolio holdings from publication on this Site when deemed in the best interest of the fund.

Except with respect to Vanguard Money Market Funds, the portfolio holdings are provided on a delayed basis and will not necessarily represent all of the actual investments held by the relevant Vanguard fund. The following additional terms and conditions apply to the publication on this Site of any Vanguard fund's portfolio holdings as described above: By accessing the portfolio holdings, you agree not to reproduce, distribute, or disseminate the portfolio holdings, in whole or in part, in any form without prior written permission of Vanguard.

Except with respect to Vanguard Money Market Funds, the portfolio holdings are provided on an "as is" basis, and Vanguard makes no express or implied warranties or representations with respect to the accuracy, completeness, reliability, or fitness of the portfolio holdings or any financial results you may achieve from their use. In no event shall Vanguard or its affiliates have any liability relating to the use of the portfolio holdings.

Two important things about a fund are shown in its stylebox: Fund share classes A fund may offer multiple share classes. Examples of business or market sectors where this risk may be particularly high include: John Hancock does not provide advice regarding appropriate investment allocations. Because growth securities typically make lower dividend payments or do not make dividend payments at all, investment returns are based on capital appreciation, making returns dependent on market increases and decreases.

The market prices of growth stocks are highly sensitive to future earnings expectations. Growth stocks may therefore be more volatile than non-growth stocks. Risk of increase in expenses. Your actual costs of investing in the fund may be higher than the expenses shown in "Annual fund operating expenses" for a variety of reasons. For example, expense ratios may be higher than those shown if a fee limitation is changed or terminated or if average net assets decrease.

Net assets are more likely to decrease and fund expense ratios are more likely to increase when markets are volatile. Exchange Traded Funds are a type of investment company bought and sold on a securities exchange. An ETF often represents a fixed portfolio of securities designed to track a particular market index.

The risks of owning an ETF generally reflect the risks of owning the underlying securities the ETF is designed to track. Credit and Counterparty Risk. Depending on the manager's investment decisions, a fund may not reach its investment objective or it could underperform its peers or lose money. Markets tend to move in cycles, with periods of rising prices and periods of falling prices. Stocks tend to go up and down in value more than bonds.

An issuer of a security purchased by a fund may perform poorly, and, therefore, the value of its stocks and bonds may decline. Poor performance may be caused by poor management decisions, competitive pressures, breakthroughs in technology, reliance on suppliers, labor problems or shortages, corporate restructurings, fraudulent disclosures, or other factors. Under certain market conditions, value stocks have performed better during periods of economic recovery..

During times when value investing is out of favor, the Fund may underperform other equity funds that use different investment styles. Merger and Replacement Transition Risk. In the case of Fund mergers and replacements, the affected Funds that are being merged or replaced may implement the redemption of your interest by payment in cash or by distributing assets in kind.

In either case, the redemption of your interest by the affected Fund, as well as the investment of the redemption proceeds by the "new" Fund, may result in transaction costs to the Funds because the affected Funds may find it necessary to sell securities and the "new" Funds will find it necessary to invest the redemption proceeds.

Also, the redemption and reinvestment processes, including any transition period that may be involved in completing such mergers and replacements, could be subject to market gains or losses, including those from currency exchange rates. The transaction costs and potential market gains or losses could have an impact on the value of your investment in the affected Fund and in the "new" Fund, and such market gains or losses could also have an impact on the value of any existing investment that you or other investors may have in the "new" Fund.

Although there can be no assurances that all risks can be eliminated, John Hancock will use its best efforts to manage and minimize such risks and costs. Where the redemption of your interest is implemented through a distribution of assets in kind, the effective date of the merger or replacement may vary from the target date due to the transition period, commencing either before or after the date that is required to liquidate or transition the assets for investment in the "new" Fund.

A fund is exposed to liquidity risk when trading volume, lack of a market maker, or legal restrictions impair the fund's ability to sell particular securities or close derivative positions at an advantageous price. Fees and expenses are only one of several factors that you should consider when making investment decisions. The cumulative effect of fees and expenses can substantially reduce the growth of your retirement account. You can visit the Employee Benefit Security Administration's Web site for an example demonstrating the long-term effect of fees and expenses.

John Hancock USA are allocated to investment options which: Allocating assets to only one or a small number of the investment options other than an asset allocation investment option such as a target date or target risk option should not be considered a balanced investment program. In particular, allocating assets to a small number of investment options concentrated in particular business or market sectors could subject an account to increased risk and volatility.

The ticker symbols shown are for the underlying mutual fund, collective trusts or ETFs in which sub-accounts are invested. The ticker symbols do not directly apply to the John Hancock sub-account and therefore any public information accessed using these symbols will not reflect the unit value of the subaccount, nor will such information reflect sub-account, contract-level or participant-level charges under your plan's group annuity contract. These impacts are absorbed by other fund investors, including retirement plan participants.

For the protection of the participants, account changes are subject to the following short-term trading guidelines when exchanging investment options under your company's qualified retirement plan account with John Hancock. Requests may be cancelled if not within our guidelines. Participants are allowed a maximum of two exchanges per calendar month. Once the day hold has expired, participants can trade again in accordance with the above guidelines. The guidelines do not. As a result of this review, or if requested by a fund company, additional restrictions may be imposed on a participant's retirement account, including but not limited to: Redemption fees or market value adjustments associated with exchanges from particular investment options are described on applicable fund sheets, which are available online.

For more information or to order prospectuses for the underlying investments, call and speak to a client account representative.

Allocation percentages may vary or be adjusted due to market or economic conditions or other reasons as set out in the prospectus. Due to abnormal market conditions or redemption activity the fund may temporarily invest in cash and cash equivalents. The underlying mutual fund, collective trust, or ETF has the right to restrict trade activity without prior notice if a participant's trading is determined to be in excess of their exchange policy, as stated in the prospectus or offering memorandum.

Listed holdings do not represent all of the holdings in the underlying fund. Your company's qualified retirement plan offers participants the opportunity to contribute to investment options available under a group annuity contract with John Hancock Life Insurance Company U. These investment options may be sub-accounts pooled funds investing directly in underlying mutual fund, collective trusts, or ETFs, or they may be Guaranteed Interest Accounts.

The Funds offered on the JH Signature platform are classified into five risk categories. The risk category in which a Fund is placed is determined based on where the 10 year Standard Deviation defined below of the underlying fund's Morningstar Category falls on the following scale: If a 5 year Standard Deviation is not available for a Morningstar Category, then the 5 year Standard Deviation of the underlying fund's Morningstar Category Index is used to determine the Fund's risk category.

Standard Deviation is defined by Morningstar as a statistical measurement of dispersion about an average, which, for an underlying fund, depicts how widely the returns varied over a certain period of time. This information is not intended as investment advice and there can be no assurance that any investment option will achieve its objectives or experience less volatility than another. Date sub-account or Guaranteed Interest Account first available under group annuity contract.

The Signature Menu was introduced December 8, If the sub-account inception date is after December 8, , then the Signature Menu introduction date is the same as the sub-account inception date. The performance data for a sub-account for any period prior to the sub-account Inception Date is hypothetical based on the performance of the underlying investment since inception of the underlying investment.

All other performance data is actual except as otherwise indicated. Returns for any period greater than one year are annualized. Performance data reflects changes in the prices of a sub-account's investments including the shares of an underlying mutual fund, collective trust, or ETF , reinvestment of dividends and capital gains and deductions for the sub-account charges. The performance data presented represents past performance.

An investment in a sub-account will fluctuate in value to reflect the value of the sub-account's underlying fund and, when redeemed, may be worth more or less than original cost.

Performance does not reflect any applicable contract-level or participant-level charges, fees for guaranteed benefits if elected by participant, or any redemption fees imposed by an underlying mutual fund, collective trust or ETF. These charges, if included, would otherwise reduce the total return for a participant's account. Performance current to the most recent month-end is available at www. The Expense Ratio "ER" shown represents the total annual operating expenses for the investment options made available by John Hancock.