a80b0526-e9a0-499d-9e09-1db2ddaaba49
Manulife JH front rebranded logo-TSR and FS
John Hancock Multifactor Developed International ETF
Multifactor Developed International ETF/JHMD
NYSE Arca, Inc.
Annual SHAREHOLDER REPORT | March 31, 2026
This annual shareholder report contains important information about the John Hancock Multifactor Developed International ETF (the fund) for the period of May 1, 2025 to March 31, 2026. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-6020.
This report describes changes to the fund that occurred during the reporting period.
What were the fund costs during the last year ?
(Based on a hypothetical $10,000 investment)
Fund Costs of a $10,000 investment Costs paid as a percentage
of a $10,000 investment
Multifactor Developed International ETF/JHMD $391 0.39%
​1
Expenses for a full annual reporting period would be higher.
Management’s Discussion of Fund Performance
SUMMARY OF RESULTS
Multifactor Developed International ETF (JHMD) returned 17.91% for the period ended March 31, 2026. International equities produced strong returns in the abbreviated reporting period behind a favorable combination of solid economic growth, falling interest rates, and robust corporate earnings. However, the markets finished the period below their late February high due to the uncertainty that accompanied the start of the war in Iran.
TOP PERFORMANCE CONTRIBUTORS
Financials | The sector made the largest contribution to absolute performance due to the combination of its sizable portfolio weighting and strong total return. Banco Bilbao Vizcaya Argentaria SA, HSBC Holdings PLC, and Banco Santander SA were the leading individual contributors in the sector.
Industrials | Siemens Energy AG made the largest contribution to results, followed by three diversified conglomerates based in Japan: Fujikura, Ltd., Mitsubishi Corp., and Mitsui & Company, Ltd.
Other areas of strength | Holdings in the energy, materials, and utilities sectors also made meaningful contributions to absolute performance. Shell PLC, Holcim, Ltd., and Engie SA were the leading contributors in the three sectors, respectively. The semiconductor equipment company ASML Holding NV was the top contributor in the portfolio as a whole.


TOP PERFORMANCE DETRACTORS
Consumer discretionary | This was the only sector where the fund’s holdings combined for a negative return. No single stock stood out as a key detractor; instead, the shortfall was the result of weakness across a broad range of smaller positions.
Certain individual stocks | Novo Nordisk A/S, which was pressured by concerns that sales of its weight-loss drugs would fail to meet expectations, was the largest individual detractor in the portfolio. Wolters Kluwer NV and SAP SE also weighed on results.


The views expressed in this report are those of the portfolio management team and are subject to change. They are not meant as investment advice.
Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.
GROWTH OF $10,000
Fund Performance - Growth of 10K
AVERAGE ANNUAL TOTAL RETURN 1 Year 5 Years Since inception
Multifactor Developed International ETF (at net asset value) 23.26% 8.36% 8.53%
MSCI EAFE Index 21.27% 7.91% 8.50%
John Hancock Dimensional Developed International Index 24.16% 9.13% 9.31%
Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund’s current performance may be higher or lower than the performance shown and can be found at jhinvestments.com/investments or by calling 800-225-6020. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.
Fund Statistics
Fund net assets $1,164,686,163
Total number of portfolio holdings 580
Total advisory fees paid (net) $2,522,416
Portfolio turnover rate 25%
Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.
Top Ten Holdings
Vinci SA 1.9%
ASML Holding NV 1.6%
BASF SE 1.2%
Engie SA 1.1%
Banco Bilbao Vizcaya Argentaria SA 1.0%
HSBC Holdings PLC 1.0%
Novartis AG 0.9%
BP PLC 0.9%
Bayer AG 0.9%
Shell PLC 0.9%
Sector Composition
Financials 24.4%
Industrials 18.5%
Health care 9.2%
Consumer discretionary 8.2%
Materials 8.2%
Consumer staples 7.6%
Utilities 6.3%
Information technology 5.6%
Communication services 5.3%
Energy 4.3%
Real estate 1.4%
Short-term investments and other 1.0%
Country Composition
Graphical Representation - Allocation 2 Chart
Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund’s investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.
The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .
Material Fund Changes
On December 9-11, 2025, the Board of Trustees of the fund approved a change to the fund’s fiscal year end from April 30 to March 31.
This is a summary of certain changes to the fund since  5-1-25 . For more complete information, please refer to the fund’s prospectus. The currently effective prospectus is available at jhinvestments.com/documents or by calling 800-225-6020 .
Availability of Additional Information
TSR QR Code
At jhinvestments.com/documents, you can find additional information about the fund, including the fund’s:
  • Prospectus
  • Financial information
  • Fund holdings
  • Proxy voting information
You can also request this information by contacting us at 800-225-6020.
This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.
Manulife JH back logo rebranded
John Hancock ETFs are distributed by Foreside Fund Services, LLC in the United States, and are subadvised by Boston Partners, Dimensional Fund Advisors LP, Marathon Asset Management, or our affiliate Manulife Investment Management (US) LLC. Foreside is not affiliated with John Hancock Investment Management Distributors LLC, Manulife Investment Management (US) LLC, Boston Partners, Dimensional Fund Advisors LP, or Marathon Asset Management. John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

890AETF

3/26

5/26

John Hancock Multifactor Developed International ETF
Manulife JH front rebranded logo-TSR and FS
John Hancock Multifactor Emerging Markets ETF
Multifactor Emerging Markets ETF/JHEM
NYSE Arca, Inc.
Annual SHAREHOLDER REPORT | March 31, 2026
This annual shareholder report contains important information about the John Hancock Multifactor Emerging Markets ETF (the fund) for the period of May 1, 2025 to March 31, 2026. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-6020.
This report describes changes to the fund that occurred during the reporting period.
What were the fund costs during the last year ?
(Based on a hypothetical $10,000 investment)
Fund Costs of a $10,000 investment Costs paid as a percentage
of a $10,000 investment
Multifactor Emerging Markets ETF/JHEM $511 0.49%
​1
Expenses for a full annual reporting period would be higher.
Management’s Discussion of Fund Performance
SUMMARY OF RESULTS
Multifactor Emerging Markets ETF (JHEM) returned 25.83% for the period ended March 31, 2026. Emerging-market stocks performed very well for the vast majority of the reporting period, reflecting the highly supportive backdrop of positive global growth, falling interest rates, and investors’ hearty appetite for risk. However, the outbreak of the war in Iran fueled a sell-off in March 2026 that reduced the extent of the gain for the full eleven months.
TOP PERFORMANCE CONTRIBUTORS
Information technology | The sector accounted for more than half of the fund’s total return due to the combination of its sizable portfolio weighting and strong performance. Samsung Electronics Company, Ltd., Taiwan Semiconductor Manufacturing Company, Ltd., and SK Hynix, Inc. performed very well and were the three largest contributors in both the sector and the fund as a whole.
Financials | The fund’s positions in the sector delivered positive gains, led by China Construction Bank Corp. and Industrial & Commercial Bank of China, Ltd.
Other areas of strength | Holdings in the materials, industrials, and energy sectors also made meaningful contributions to performance. Vale SA, Doosan Enerbility Company, Ltd., and Petroleo Brasileiro SA were the leading contributors in the three sectors, respectively.


TOP PERFORMANCE DETRACTORS
Certain underperforming sectors | Despite the strong showing for the broader asset class, not all market segments participated in the gains. Holdings in the real estate, consumer staples, consumer discretionary, and health care lost ground.
Specific stocks | HDFC Bank, Ltd., Meituan, and ICICI Bank, Ltd. were notable detractors at the individual holding level.


The views expressed in this report are those of the portfolio management team and are subject to change. They are not meant as investment advice.
Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.
GROWTH OF $10,000
Fund Performance - Growth of 10K
AVERAGE ANNUAL TOTAL RETURN 1 Year 5 Years Since inception
Multifactor Emerging Markets ETF (at net asset value) 26.93% 4.49% 6.28%
MSCI Emerging Markets Index 29.55% 3.69% 6.40%
John Hancock Dimensional Emerging Markets Index 27.64% 5.67% 7.33%
Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund’s current performance may be higher or lower than the performance shown and can be found at jhinvestments.com/investments or by calling 800-225-6020. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.
Fund Statistics
Fund net assets $751,347,160
Total number of portfolio holdings 956
Total advisory fees paid (net) $2,057,102
Portfolio turnover rate 23%
Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.
Top Ten Holdings
Taiwan Semiconductor Manufacturing Company, Ltd. 3.9%
Samsung Electronics Company, Ltd. 3.6%
Tencent Holdings, Ltd. 3.0%
SK Hynix, Inc. 2.9%
Alibaba Group Holding, Ltd. 2.7%
PDD Holdings, Inc., ADR 1.1%
MediaTek, Inc. 1.1%
China Construction Bank Corp., H Shares 1.0%
Reliance Industries, Ltd. 1.0%
Hon Hai Precision Industry Company, Ltd. 0.9%
Sector Composition
Financials 23.6%
Information technology 21.9%
Consumer discretionary 12.1%
Materials 9.3%
Communication services 8.5%
Industrials 7.7%
Energy 5.5%
Consumer staples 4.2%
Utilities 3.1%
Health care 3.0%
Real estate 0.7%
Short-term investments and other 0.4%
Country Composition
Graphical Representation - Allocation 2 Chart
Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund’s investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.
The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .
Material Fund Changes
On December 9-11, 2025, the Board of Trustees of the fund approved a change to the fund’s fiscal year end from April 30 to March 31.
This is a summary of certain changes to the fund since  5-1-25 . For more complete information, please refer to the fund’s prospectus. The currently effective prospectus is available at jhinvestments.com/documents or by calling 800-225-6020 .
Availability of Additional Information
TSR QR Code
At jhinvestments.com/documents, you can find additional information about the fund, including the fund’s:
  • Prospectus
  • Financial information
  • Fund holdings
  • Proxy voting information
You can also request this information by contacting us at 800-225-6020.
This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.
Manulife JH back logo rebranded
John Hancock ETFs are distributed by Foreside Fund Services, LLC in the United States, and are subadvised by Boston Partners, Dimensional Fund Advisors LP, Marathon Asset Management, or our affiliate Manulife Investment Management (US) LLC. Foreside is not affiliated with John Hancock Investment Management Distributors LLC, Manulife Investment Management (US) LLC, Boston Partners, Dimensional Fund Advisors LP, or Marathon Asset Management. John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
990AETF
3/26
5/26
John Hancock Multifactor Emerging Markets ETF
Manulife JH front rebranded logo-TSR and FS
John Hancock Multifactor Large Cap ETF
Multifactor Large Cap ETF/JHML
NYSE Arca, Inc.
Annual SHAREHOLDER REPORT | March 31, 2026
This annual shareholder report contains important information about the John Hancock Multifactor Large Cap ETF (the fund) for the period of May 1, 2025 to March 31, 2026. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-6020.
This report describes changes to the fund that occurred during the reporting period.
What were the fund costs during the last year ?
(Based on a hypothetical $10,000 investment)
Fund Costs of a $10,000 investment Costs paid as a percentage
of a $10,000 investment
Multifactor Large Cap ETF/JHML $291 0.29%
​1
Expenses for a full annual reporting period would be higher.
Management’s Discussion of Fund Performance
SUMMARY OF RESULTS
Multifactor Large Cap ETF (JHML) returned 18.64% for the period ended March 31, 2026. Despite a sell-off in March 2026 caused by the start of the war in Iran, U.S. equities registered strong returns over the full reporting period. The combination of steady economic growth, robust corporate earnings, and a shift toward more accommodative U.S. Federal Reserve policy all helped support investors’ appetite for risk, leading to gains across the market capitalization spectrum.
TOP PERFORMANCE CONTRIBUTORS
Information technology | The sector accounted for more than one-third of the fund’s total return due to the combination of its sizable portfolio weighting and strong performance. Holdings in stocks expected to benefit from the growth of artificial intelligence (AI) performed very well, including the semiconductor companies NVIDIA Corp. and Broadcom, Inc., as well as the memory/storage providers Western Digital Corp. and Seagate Technology Holdings PLC. Apple, Inc. was also a notable outperformer.
Industrials | Companies expected to participate in the build-out of AI infrastructure also added value in industrials, led by Caterpillar, Inc., Vertiv Holdings Company, and RTX Corp.
Other areas of strength | Holdings in the communication services, energy, and financials sectors also made meaningful contributions to performance. Alphabet, Inc. (parent of Google), Exxon Mobil Corp., and JPMorgan Chase & Co. were the leading contributors in the three sectors, respectively.


TOP PERFORMANCE DETRACTORS
Certain individual stocks | A few specific positions detracted from results. UnitedHealth Group, Inc. which was hurt by questions about its billing practices, a management change, and weaker profit margins, was the largest detractor. Fiserv, Inc. and Berkshire Hathaway, Inc. also hurt performance.


The views expressed in this report are those of the portfolio management team and are subject to change. They are not meant as investment advice.
Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.
GROWTH OF $10,000
Fund Performance - Growth of 10K
AVERAGE ANNUAL TOTAL RETURN 1 Year 5 Years 10 Years
Multifactor Large Cap ETF (at net asset value) 17.18% 10.41% 12.99%
Russell 1000 Index 17.74% 11.34% 13.97%
John Hancock Dimensional Large Cap Index 17.54% 10.72% 13.33%
Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund’s current performance may be higher or lower than the performance shown and can be found at jhinvestments.com/investments or by calling 800-225-6020. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.
Fund Statistics
Fund net assets $1,018,888,853
Total number of portfolio holdings 781
Total advisory fees paid (net) $2,164,240
Portfolio turnover rate 4%
Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.
Top Ten Holdings
NVIDIA Corp. 4.0%
Apple, Inc. 4.0%
Microsoft Corp. 2.8%
Amazon.com, Inc. 2.7%
Alphabet, Inc., Class A 2.5%
Meta Platforms, Inc., Class A 1.8%
Broadcom, Inc. 1.6%
JPMorgan Chase & Co. 1.2%
Berkshire Hathaway, Inc., Class B 1.0%
Eli Lilly & Company 0.9%
Sector Composition
Information technology 24.5%
Financials 14.5%
Industrials 12.9%
Consumer discretionary 9.9%
Health care 9.8%
Communication services 7.8%
Consumer staples 5.5%
Energy 4.8%
Utilities 4.3%
Materials 3.4%
Real estate 2.5%
Short-term investments and other 0.1%
Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund’s investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.
The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .
Material Fund Changes
On December 9-11, 2025, the Board of Trustees of the fund approved a change to the fund’s fiscal year end from April 30 to March 31.
This is a summary of certain changes to the fund since  5-1-25 . For more complete information, please refer to the fund’s prospectus. The currently effective prospectus is available at jhinvestments.com/documents or by calling 800-225-6020 .
Availability of Additional Information
TSR QR Code
At jhinvestments.com/documents, you can find additional information about the fund, including the fund’s:
  • Prospectus
  • Financial information
  • Fund holdings
  • Proxy voting information
You can also request this information by contacting us at 800-225-6020.
This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.
Manulife JH back logo rebranded
John Hancock ETFs are distributed by Foreside Fund Services, LLC in the United States, and are subadvised by Boston Partners, Dimensional Fund Advisors LP, Marathon Asset Management, or our affiliate Manulife Investment Management (US) LLC. Foreside is not affiliated with John Hancock Investment Management Distributors LLC, Manulife Investment Management (US) LLC, Boston Partners, Dimensional Fund Advisors LP, or Marathon Asset Management. John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

850AETF

3/26

5/26

John Hancock Multifactor Large Cap ETF
Manulife JH front rebranded logo-TSR and FS
John Hancock Multifactor Mid Cap ETF
Multifactor Mid Cap ETF/JHMM
NYSE Arca, Inc.
Annual SHAREHOLDER REPORT | March 31, 2026
This annual shareholder report contains important information about the John Hancock Multifactor Mid Cap ETF (the fund) for the period of May 1, 2025 to March 31, 2026. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-6020.
This report describes changes to the fund that occurred during the reporting period.
What were the fund costs during the last year ?
(Based on a hypothetical $10,000 investment)
Fund Costs of a $10,000 investment Costs paid as a percentage
of a $10,000 investment
Multifactor Mid Cap ETF/JHMM $421 0.41%
​1
Expenses for a full annual reporting period would be higher.
Management’s Discussion of Fund Performance
SUMMARY OF RESULTS
Multifactor Mid Cap ETF (JHMM) returned 20.73% for the period ended March 31, 2026. Despite a sell-off in March 2026 caused by the start of the war in Iran, U.S. equities registered strong returns over the full reporting period. The combination of steady economic growth, robust corporate earnings, and a shift toward more accommodative U.S. Federal Reserve policy all helped support investors’ appetite for risk, leading to gains across the market capitalization spectrum.
TOP PERFORMANCE CONTRIBUTORS
Industrials | Vertiv Holdings Company, a beneficiary of the artificial intelligence (AI) infrastructure buildout, was the leading contributor in the sector. Comfort Systems USA, Inc. and United Rentals, Inc. were also among the top performers.
Information technology | Stocks expected to capitalize on the growth of AI performed very well, led by the memory/storage companies Western Digital Corp., Sandisk Corp., and Seagate Technology Holdings PLC. Ciena Corp. was another notable outperformer.
Other areas of strength | Holdings in the financials, energy, and health care sectors also made meaningful contributions to absolute performance. Robinhood Markets, Inc., TechnicFMC PLC, and United Therapeutics Corp. were the leading contributors in the three sectors, respectively.


TOP PERFORMANCE DETRACTORS
Consumer staples | No single holding stood out as a meaningful detractor; instead, the shortfall was the result of weakness across a broad range of positions in the packaged foods industry.
Certain individual stocks | A few specific positions detracted from results, including Gartner, Inc., GoDaddy, Inc., and Molina Healthcare.


The views expressed in this report are those of the portfolio management team and are subject to change. They are not meant as investment advice.
Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.
GROWTH OF $10,000
Fund Performance - Growth of 10K
AVERAGE ANNUAL TOTAL RETURN 1 Year 5 Years 10 Years
Multifactor Mid Cap ETF (at net asset value) 18.34% 7.56% 11.17%
Russell 3000 Index 18.09% 10.87% 13.72%
John Hancock Dimensional Mid Cap Index 18.84% 8.00% 11.62%
Russell Midcap Index 15.98% 7.26% 10.91%
Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund’s current performance may be higher or lower than the performance shown and can be found at jhinvestments.com/investments or by calling 800-225-6020. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.
Fund Statistics
Fund net assets $4,891,236,495
Total number of portfolio holdings 668
Total advisory fees paid (net) $14,777,058
Portfolio turnover rate 19%
Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.
Top Ten Holdings
Targa Resources Corp. 0.5%
Keysight Technologies, Inc. 0.5%
Comfort Systems USA, Inc. 0.5%
Entergy Corp. 0.5%
The Hartford Insurance Group, Inc. 0.5%
Ciena Corp. 0.5%
Monolithic Power Systems, Inc. 0.5%
AMETEK, Inc. 0.5%
Cheniere Energy, Inc. 0.5%
Teradyne, Inc. 0.4%
Sector Composition
Industrials 20.0%
Financials 15.4%
Information technology 13.8%
Health care 10.8%
Consumer discretionary 10.1%
Utilities 5.9%
Materials 5.9%
Energy 5.6%
Real estate 5.4%
Consumer staples 4.3%
Communication services 2.7%
Short-term investments and other 0.1%
Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund’s investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.
The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .
Material Fund Changes
On December 9-11, 2025, the Board of Trustees of the fund approved a change to the fund’s fiscal year end from April 30 to March 31.
This is a summary of certain changes to the fund since  5-1-25 . For more complete information, please refer to the fund’s prospectus. The currently effective prospectus is available at jhinvestments.com/documents or by calling 800-225-6020 .
Availability of Additional Information
TSR QR Code
At jhinvestments.com/documents, you can find additional information about the fund, including the fund’s:
  • Prospectus
  • Financial information
  • Fund holdings
  • Proxy voting information
You can also request this information by contacting us at 800-225-6020.
This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.
Manulife JH back logo rebranded
John Hancock ETFs are distributed by Foreside Fund Services, LLC in the United States, and are subadvised by Boston Partners, Dimensional Fund Advisors LP, Marathon Asset Management, or our affiliate Manulife Investment Management (US) LLC. Foreside is not affiliated with John Hancock Investment Management Distributors LLC, Manulife Investment Management (US) LLC, Boston Partners, Dimensional Fund Advisors LP, or Marathon Asset Management. John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

840AETF

3/26

5/26

John Hancock Multifactor Mid Cap ETF
Manulife JH front rebranded logo-TSR and FS
John Hancock Multifactor Small Cap ETF
Multifactor Small Cap ETF/JHSC
NYSE Arca, Inc.
Annual SHAREHOLDER REPORT | March 31, 2026
This annual shareholder report contains important information about the John Hancock Multifactor Small Cap ETF (the fund) for the period of May 1, 2025 to March 31, 2026. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-6020.
This report describes changes to the fund that occurred during the reporting period.
What were the fund costs during the last year ?
(Based on a hypothetical $10,000 investment)
Fund Costs of a $10,000 investment Costs paid as a percentage
of a $10,000 investment
Multifactor Small Cap ETF/JHSC $431 0.42%
​1
Expenses for a full annual reporting period would be higher.
Management’s Discussion of Fund Performance
SUMMARY OF RESULTS
Multifactor Small Cap ETF (JHSC) returned 20.84% for the period ended March 31, 2026. Despite a sell-off in March 2026 caused by the start of the war in Iran, U.S. equities registered strong returns over the full reporting period. The combination of steady economic growth, robust corporate earnings, and a shift toward more accommodative U.S. Federal Reserve policy all helped support investors’ appetite for risk, leading to gains across the market capitalization spectrum.
TOP PERFORMANCE CONTRIBUTORS
Industrials | Holdings in the sector made a large contribution to the fund’s absolute return due to the combination of their strong performance and sizable portfolio weighting. Modine Manufacturing Company, Dycom Industries, Inc., and Sterling Infrastructure, Inc. were the top contributors.
Information technology | Sandisk Corp., which benefited from rising memory demand fueled by the buildout of artificial intelligence infrastructure, was the top contributor in both the sector and the fund as a whole. Positions in the semiconductor companies MKS, Inc. and Rambus, Inc. also helped results.
Other areas of strength | Positions in the financials, energy, and consumer discretionary sectors also made meaningful contributions to absolute performance. Affiliated Managers Group, Inc., Noble Corp. PLC, and Wayfair, Inc. were the largest contributors in the three sectors, respectively.


TOP PERFORMANCE DETRACTORS
Consumer staples | This was the only sector in which the fund’s holdings finished with a negative absolute return. e.l.f. Beauty, Inc. and Flowers Foods, Inc. were notable detractors.
Specific holdings | Commvault Systems, Inc. was the largest individual detractor. ExlService Holdings, Inc., SPS Commerce, Inc. and Lantheus Holdings Inc. also weighed on results.


The views expressed in this report are those of the portfolio management team and are subject to change. They are not meant as investment advice.
Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.
GROWTH OF $10,000
Fund Performance - Growth of 10K
AVERAGE ANNUAL TOTAL RETURN 1 Year 5 Years Since inception
Multifactor Small Cap ETF (at net asset value) 16.60% 6.02% 7.77%
Russell 3000 Index 18.09% 10.87% 12.91%
John Hancock Dimensional Small Cap Index 17.03% 6.39% 8.18%
Russell 2000 Index 25.72% 3.77% 7.89%
Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund’s current performance may be higher or lower than the performance shown and can be found at jhinvestments.com/investments or by calling 800-225-6020. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.
Fund Statistics
Fund net assets $665,180,457
Total number of portfolio holdings 493
Total advisory fees paid (net) $1,988,491
Portfolio turnover rate 43%
Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.
Top Ten Holdings
Darling Ingredients, Inc. 0.6%
Littelfuse, Inc. 0.5%
Element Solutions, Inc. 0.5%
SM Energy Company 0.5%
National Fuel Gas Company 0.5%
Ryder System, Inc. 0.5%
Cirrus Logic, Inc. 0.5%
UGI Corp. 0.5%
Arrow Electronics, Inc. 0.5%
IDACORP, Inc. 0.4%
Sector Composition
Financials 18.2%
Industrials 18.0%
Consumer discretionary 14.1%
Information technology 12.2%
Health care 7.6%
Energy 7.3%
Real estate 6.1%
Materials 5.5%
Utilities 5.0%
Communication services 3.1%
Consumer staples 2.7%
Short-term investments and other 0.2%
Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund’s investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.
The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .
Material Fund Changes
On December 9-11, 2025, the Board of Trustees of the fund approved a change to the fund’s fiscal year end from April 30 to March 31.
This is a summary of certain changes to the fund since  5-1-25 . For more complete information, please refer to the fund’s prospectus. The currently effective prospectus is available at jhinvestments.com/documents or by calling 800-225-6020 .
Availability of Additional Information
TSR QR Code
At jhinvestments.com/documents, you can find additional information about the fund, including the fund’s:
  • Prospectus
  • Financial information
  • Fund holdings
  • Proxy voting information
You can also request this information by contacting us at 800-225-6020.
This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.
Manulife JH back logo rebranded
John Hancock ETFs are distributed by Foreside Fund Services, LLC in the United States, and are subadvised by Boston Partners, Dimensional Fund Advisors LP, Marathon Asset Management, or our affiliate Manulife Investment Management (US) LLC. Foreside is not affiliated with John Hancock Investment Management Distributors LLC, Manulife Investment Management (US) LLC, Boston Partners, Dimensional Fund Advisors LP, or Marathon Asset Management. John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

950AETF

3/26

5/26

John Hancock Multifactor Small Cap ETF
Manulife JH front rebranded logo-TSR and FS
John Hancock Core Bond ETF
Core Bond ETF/JHCR
NYSE Arca, Inc.
Annual SHAREHOLDER REPORT | March 31, 2026
This annual shareholder report contains important information about the John Hancock Core Bond ETF (the fund) for the period of May 1, 2025 to March 31, 2026. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-6020.
This report describes changes to the fund that occurred during the reporting period.
What were the fund costs during the last year ?
(Based on a hypothetical $10,000 investment)
Fund Costs of a $10,000 investment Costs paid as a percentage
of a $10,000 investment
Core Bond ETF/JHCR $271 0.29%
​1
Expenses for a full annual reporting period would be higher.
Management’s Discussion of Fund Performance
SUMMARY OF RESULTS
Core Bond ETF (JHCR) returned 4.73% for the period ended March 31, 2026. The U.S. fixed-income market posted solid total returns in the 11-month reporting period. Inflation, while still above the U.S. Federal Reserve’s (Fed’s) longer-term target, remained below an annualized rate of 3% through the end of February. This trend, together with signs of slowing in the labor market, allowed the Fed to enact three quarter-point interest rate cuts. While the start of the Iran war in March weighed on bonds by raising concerns about a reacceleration of inflation, the fixed-income market nonetheless finished in positive territory on the strength of its earlier gains. Credit-oriented market segments outperformed U.S. Treasuries, reflecting investors’ healthy appetite for risk.
TOP PERFORMANCE CONTRIBUTORS
Agency mortgage-backed securities (MBS) | The category made the largest contribution to absolute performance due to the combination of its sizable portfolio weighting and positive total return.
Investment-grade corporates | Holdings in this area also contributed positively, led by several energy-related issues.
Other segments of the fund | Asset-backed securities, U.S. Treasuries, non-agency MBS, commercial MBS, and high-yield bonds also contributed, albeit to a lesser extent than MBS and investment-grade corporates due to their smaller portfolio weightings.


TOP PERFORMANCE DETRACTORS
Specific holdings | While no major segment of the fund had a negative return, a number of individual positions—including ABPCI Direct Lending Fund I, Ltd. and the asset-backed securities of Driven Brands—detracted from fund performance.


The views expressed in this report are those of the portfolio management team and are subject to change. They are not meant as investment advice.
Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.
GROWTH OF $10,000
Fund Performance - Growth of 10K
AVERAGE ANNUAL TOTAL RETURN 1 Year Since inception
Core Bond ETF (at net asset value) 4.91% 5.15%
Bloomberg U.S. Aggregate Bond Index 4.35% 4.95%
Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund’s current performance may be higher or lower than the performance shown and can be found at jhinvestments.com/investments or by calling 800-225-6020. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.
Fund Statistics
Fund net assets $2,218,157,012
Total number of portfolio holdings 915
Total advisory fees paid (net) $453,851
Portfolio turnover rate 118%
Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.
Portfolio Composition
U.S. Government Agency 34.7%
Corporate bonds 30.5%
U.S. Government 19.2%
Asset-backed securities 7.8%
Collateralized mortgage obligations – Commercial and residential 5.1%
Collateralized mortgage obligations – U.S. Government Agency 1.2%
Municipal bonds 0.4%
Short-term investments and other 1.1%
Quality Composition
Graphical Representation - Allocation 1 Chart
Ratings are from Moody’s Investors Service, Inc. If not available, we have used S&P Global Ratings. In the absence of ratings from these agencies, we have used Fitch Ratings, Inc. “Not rated” securities are those with no ratings available from these agencies. All ratings are as of 3-31-26 and do not reflect subsequent downgrades or upgrades, if any.
Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund’s investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.
The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .
Material Fund Changes
On December 9-11, 2025, the Board of Trustees of the fund approved a change to the fund’s fiscal year end from April 30 to March 31.
This is a summary of certain changes to the fund since  5-1-25 . For more complete information, please refer to the fund’s prospectus. The currently effective prospectus is available at jhinvestments.com/documents or by calling 800-225-6020 .
Availability of Additional Information
TSR QR Code
At jhinvestments.com/documents, you can find additional information about the fund, including the fund’s:
  • Prospectus
  • Financial information
  • Fund holdings
  • Proxy voting information
You can also request this information by contacting us at 800-225-6020.
This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.
Manulife JH back logo rebranded
John Hancock ETFs are distributed by Foreside Fund Services, LLC in the United States, and are subadvised by Boston Partners, Dimensional Fund Advisors LP, Marathon Asset Management, or our affiliate Manulife Investment Management (US) LLC. Foreside is not affiliated with John Hancock Investment Management Distributors LLC, Manulife Investment Management (US) LLC, Boston Partners, Dimensional Fund Advisors LP, or Marathon Asset Management. John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
988AETF
3/26
5/26
John Hancock Core Bond ETF
Manulife JH front rebranded logo-TSR and FS
John Hancock Core Plus Bond ETF
Core Plus Bond ETF/JHCP
NYSE Arca, Inc.
Annual SHAREHOLDER REPORT | March 31, 2026
This annual shareholder report contains important information about the John Hancock Core Plus Bond ETF (the fund) for the period of May 1, 2025 to March 31, 2026. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-6020.
This report describes changes to the fund that occurred during the reporting period.
What were the fund costs during the last year ?
(Based on a hypothetical $10,000 investment)
Fund Costs of a $10,000 investment Costs paid as a percentage
of a $10,000 investment
Core Plus Bond ETF/JHCP $341 0.36%
​1
Expenses for a full annual reporting period would be higher.
Management’s Discussion of Fund Performance
SUMMARY OF RESULTS
Core Plus Bond ETF (JHCP) returned 4.69% for the period ended March 31, 2026. The U.S. fixed-income market posted solid total returns in the 11-month reporting period. Inflation, while still above the U.S. Federal Reserve’s (Fed’s) longer-term target, remained below an annualized rate of 3% through the end of February. This trend, together with signs of slowing in the labor market, allowed the Fed to enact three quarter-point interest rate cuts. While the start of the Iran war in March weighed on bonds by raising concerns about a reacceleration of inflation, the fixed-income market nonetheless finished in positive territory on the strength of its earlier gains. Credit-oriented market segments outperformed U.S. Treasuries, reflecting investors’ healthy appetite for risk.
TOP PERFORMANCE CONTRIBUTORS
Agency mortgage-backed securities (MBS) | The category made the largest contribution to absolute performance due to the combination of its sizable portfolio weighting and positive total return.
Investment-grade corporates | Investments in this area also contributed positively, led by several energy-related issues.
Other segments of the fund | High-yield corporates, U.S. Treasuries, asset-backed securities, commercial mortgage-backed securities, and non-agency MBS also contributed, albeit to a lesser extent than MBS and investment-grade corporates due to their smaller portfolio weightings.


TOP PERFORMANCE DETRACTORS
Specific holdings | While no major segment of the fund had a negative return, a number of individual positions detracted modestly. In particular, the bonds of the broadband communications company Cable One, Inc. slid due to rising competition and declining subscriber numbers. The bonds of the media companies Paramount Global and Discovery Holdings, Inc., which were adversely affected by merger-and-acquisition activity, also suffered losses.


The views expressed in this report are those of the portfolio management team and are subject to change. They are not meant as investment advice.
Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.
GROWTH OF $10,000
Fund Performance - Growth of 10K
AVERAGE ANNUAL TOTAL RETURN 1 Year Since inception
Core Plus Bond ETF (at net asset value) 4.78% 4.83%
Bloomberg U.S. Aggregate Bond Index 4.35% 4.95%
Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund’s current performance may be higher or lower than the performance shown and can be found at jhinvestments.com/investments or by calling 800-225-6020. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.
Fund Statistics
Fund net assets $95,238,658
Total number of portfolio holdings 689
Total advisory fees paid (net) $43,371
Portfolio turnover rate 132%
Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.
Portfolio Composition
Corporate bonds 39.8%
U.S. Government Agency 31.2%
U.S. Government 18.2%
Asset-backed securities 4.7%
Collateralized mortgage obligations – Commercial and residential 4.5%
Collateralized mortgage obligations – U.S. Government Agency 0.6%
Preferred securities 0.1%
Short-term investments and other 0.9%
Quality Composition
Graphical Representation - Allocation 1 Chart
Ratings are from Moody’s Investors Service, Inc. If not available, we have used S&P Global Ratings. In the absence of ratings from these agencies, we have used Fitch Ratings, Inc. “Not rated” securities are those with no ratings available from these agencies. All ratings are as of 3-31-26 and do not reflect subsequent downgrades or upgrades, if any.
Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund’s investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.
The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .
Material Fund Changes
On December 9-11, 2025, the Board of Trustees of the fund approved a change to the fund’s fiscal year end from April 30 to March 31.
This is a summary of certain changes to the fund since  5-1-25 . For more complete information, please refer to the fund’s prospectus. The currently effective prospectus is available at jhinvestments.com/documents or by calling 800-225-6020 .
Availability of Additional Information
TSR QR Code
At jhinvestments.com/documents, you can find additional information about the fund, including the fund’s:
  • Prospectus
  • Financial information
  • Fund holdings
  • Proxy voting information
You can also request this information by contacting us at 800-225-6020.
This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.
Manulife JH back logo rebranded

John Hancock ETFs are distributed by Foreside Fund Services, LLC in the United States, and are subadvised by Boston Partners, Dimensional Fund Advisors LP, Marathon Asset Management, or our affiliate Manulife Investment Management (US) LLC. Foreside is not affiliated with John Hancock Investment Management Distributors LLC, Manulife Investment Management (US) LLC, Boston Partners, Dimensional Fund Advisors LP, or Marathon Asset Management. John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

989AETF

3/26

5/26

John Hancock Core Plus Bond ETF

Manulife JH front rebranded logo-TSR and FS
John Hancock Corporate Bond ETF
Corporate Bond ETF/JHCB
NYSE Arca, Inc.
Annual SHAREHOLDER REPORT | March 31, 2026
This annual shareholder report contains important information about the John Hancock Corporate Bond ETF (the fund) for the period of May 1, 2025 to March 31, 2026. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-6020.
This report describes changes to the fund that occurred during the reporting period.
What were the fund costs during the last year ?
(Based on a hypothetical $10,000 investment)
Fund Costs of a $10,000 investment Costs paid as a percentage
of a $10,000 investment
Corporate Bond ETF/JHCB $271 0.29%
​1
Expenses for a full annual reporting period would be higher.
Management’s Discussion of Fund Performance
SUMMARY OF RESULTS
Corporate Bond ETF (JHCB) returned 5.15% for the period ended March 31, 2026. The U.S. fixed-income market posted solid total returns in the 11-month reporting period. Inflation, while still above the U.S. Federal Reserve’s (Fed’s) longer-term target, remained below an annualized rate of 3% through the end of February. This trend, together with signs of slowing in the labor market, allowed the Fed to enact three quarter-point interest rate cuts. However, the period ended on a down note as bonds came under pressure from the start of the war in Iran. Investment-grade corporates outperformed U.S. Treasuries due to their higher yields, together with favorable earnings trends and investors’ healthy appetite for risk.
TOP PERFORMANCE CONTRIBUTORS
Banking issues | The sector made the largest contribution to absolute performance due to its sizable portfolio weighting and positive total return. Banks generally performed well at a time of healthy economic growth and optimism about the interest rate outlook. Fifth Third Bancorp was the largest individual contributor in the sector.
Energy | Rising oil prices and improving fundamentals provided a tailwind for the sector, particularly in the final three months of the period. Occidental Petroleum Corp. was among the key contributors.
Other areas of strength | Holdings in the consumer non-cyclical, electric utilities, and technology sectors also helped results.


TOP PERFORMANCE DETRACTORS
Specific holdings | While no major segment of the fund had a negative return, a number of individual positions detracted modestly. Oracle Corp., whose bonds slid on concern about the company’s use of debt to fund growth, was a notable detractor. Positions in Meta Platforms, Inc. and JPMorgan Chase & Co. detracted as well.


The views expressed in this report are those of the portfolio management team and are subject to change. They are not meant as investment advice.
Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.
GROWTH OF $10,000
Fund Performance - Growth of 10K
AVERAGE ANNUAL TOTAL RETURN 1 Year 5 Years Since inception
Corporate Bond ETF (at net asset value) 4.81% 0.93% 0.93%
Bloomberg U.S. Aggregate Bond Index 4.35% 0.31% 0.31%
Bloomberg U.S. Corporate Bond Index 4.78% 0.76% 0.79%
Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund’s current performance may be higher or lower than the performance shown and can be found at jhinvestments.com/investments or by calling 800-225-6020. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.
Fund Statistics
Fund net assets $106,728,427
Total number of portfolio holdings 182
Total advisory fees paid (net) $48,034
Portfolio turnover rate 38%
Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.
Sector Composition
Financials 44.6%
Industrials 10.7%
Information technology 9.6%
Health care 8.0%
Communication services 7.8%
Utilities 5.8%
Energy 4.6%
Consumer discretionary 3.0%
Real estate 2.7%
Consumer staples 1.2%
Materials 0.8%
Short-term investments and other 1.2%
Quality Composition
Graphical Representation - Allocation 1 Chart
Ratings are from Moody’s Investors Service, Inc. If not available, we have used S&P Global Ratings. In the absence of ratings from these agencies, we have used Fitch Ratings, Inc. “Not rated” securities are those with no ratings available from these agencies. All ratings are as of 3-31-26 and do not reflect subsequent downgrades or upgrades, if any.
Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund’s investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.
The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .
Material Fund Changes
On December 9-11, 2025, the Board of Trustees of the fund approved a change to the fund’s fiscal year end from April 30 to March 31.
This is a summary of certain changes to the fund since  5-1-25 . For more complete information, please refer to the fund’s prospectus. The currently effective prospectus is available at jhinvestments.com/documents or by calling 800-225-6020 .
Availability of Additional Information
TSR QR Code
At jhinvestments.com/documents, you can find additional information about the fund, including the fund’s:
  • Prospectus
  • Financial information
  • Fund holdings
  • Proxy voting information
You can also request this information by contacting us at 800-225-6020.
This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.
Manulife JH back logo rebranded
John Hancock ETFs are distributed by Foreside Fund Services, LLC in the United States, and are subadvised by Boston Partners, Dimensional Fund Advisors LP, Marathon Asset Management, or our affiliate Manulife Investment Management (US) LLC. Foreside is not affiliated with John Hancock Investment Management Distributors LLC, Manulife Investment Management (US) LLC, Boston Partners, Dimensional Fund Advisors LP, or Marathon Asset Management. John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

815AETF

3/26

5/26

John Hancock Corporate Bond ETF
Manulife JH front rebranded logo-TSR and FS
John Hancock Dynamic Municipal Bond ETF
Dynamic Municipal Bond ETF/JHMU
NYSE Arca, Inc.
Annual SHAREHOLDER REPORT | March 31, 2026
This annual shareholder report contains important information about the John Hancock Dynamic Municipal Bond ETF (the fund) for the period of May 1, 2025 to March 31, 2026. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-6020.
This report describes changes to the fund that occurred during the reporting period.
What were the fund costs during the last year ?
(Based on a hypothetical $10,000 investment)
Fund Costs of a $10,000 investment Costs paid as a percentage
of a $10,000 investment
Dynamic Municipal Bond ETF/JHMU $371 0.39%
​1
Expenses for a full annual reporting period would be higher.
Management’s Discussion of Fund Performance
SUMMARY OF RESULTS
Dynamic Municipal Bond ETF (JHMU) returned 5.70% for the period ended March 31, 2026. The U.S. fixed-income market posted solid total returns in the 11-month reporting period. Inflation, while still above the U.S. Federal Reserve’s (Fed’s) longer-term target, nonetheless remained below the 3% level through the end of February. This trend, together with signs of slowing in the labor market, allowed the Fed to enact three quarter-point interest rate cuts. However, a downturn in March—which resulted from the start of the war in Iran and accompanying concerns about a reacceleration of inflation—dampened returns for the full period. Municipal bonds performed well, reflecting steady credit fundamentals and their attractive tax-equivalent yields.
TOP PERFORMANCE CONTRIBUTORS
All sectors posted positive returns | Education bonds made the largest contribution, led by a position in Western Carolina University.
Other areas of strength | Holdings in the transportation, industrial revenue, health care, and general obligation (local) sectors also contributed to results due to the combination of their positive returns and sizable portfolio weightings.


TOP PERFORMANCE DETRACTORS
Specific holdings | While no major segment of the fund had a negative return, a number of individual positions detracted modestly. Among these were bonds issued by State of Nevada Department of Business & Industry, California Infrastructure & Economic Development Bank, and Glendale Industrial Development Authority.


The views expressed in this report are those of the portfolio management team and are subject to change. They are not meant as investment advice.
Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.
GROWTH OF $10,000
Fund Performance - Growth of 10K
AVERAGE ANNUAL TOTAL RETURN 1 Year Since inception
Dynamic Municipal Bond ETF (at net asset value) 4.84% 7.12%
Bloomberg Municipal Bond Index 4.29% 5.74%
Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund’s current performance may be higher or lower than the performance shown and can be found at jhinvestments.com/investments or by calling 800-225-6020. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.
Fund Statistics
Fund net assets $42,800,559
Total number of portfolio holdings 197
Total advisory fees paid (net) $0
Portfolio turnover rate 38%
Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.
Portfolio Composition
General obligation bonds 12.1%
Revenue bonds 81.2%
Other revenue 26.0%
Health care 13.0%
Airport 11.0%
Education 8.7%
Development 7.7%
Water and sewer 4.5%
Housing 3.7%
Utilities 2.5%
Transportation 2.1%
Pollution 1.1%
Tobacco 0.5%
Facilities 0.4%
Short-term investments and other 6.7%
Quality Composition
Graphical Representation - Allocation 1 Chart
Ratings are from Moody’s Investors Service, Inc. If not available, we have used S&P Global Ratings. In the absence of ratings from these agencies, we have used Fitch Ratings, Inc. “Not rated” securities are those with no ratings available from these agencies. All ratings are as of 3-31-26 and do not reflect subsequent downgrades or upgrades, if any.
Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund’s investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.
The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .
Material Fund Changes
On December 9-11, 2025, the Board of Trustees of the fund approved a change to the fund’s fiscal year end from April 30 to March 31.
This is a summary of certain changes to the fund since  5-1-25 . For more complete information, please refer to the fund’s prospectus. The currently effective prospectus is available at jhinvestments.com/documents or by calling 800-225-6020 .
Availability of Additional Information
TSR QR Code
At jhinvestments.com/documents, you can find additional information about the fund, including the fund’s:
  • Prospectus
  • Financial information
  • Fund holdings
  • Proxy voting information
You can also request this information by contacting us at 800-225-6020.
This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.
Manulife JH back logo rebranded
John Hancock ETFs are distributed by Foreside Fund Services, LLC in the United States, and are subadvised by Boston Partners, Dimensional Fund Advisors LP, Marathon Asset Management, or our affiliate Manulife Investment Management (US) LLC. Foreside is not affiliated with John Hancock Investment Management Distributors LLC, Manulife Investment Management (US) LLC, Boston Partners, Dimensional Fund Advisors LP, or Marathon Asset Management. John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

944AETF

3/26

5/26

John Hancock Dynamic Municipal Bond ETF
Manulife JH front rebranded logo-TSR and FS
John Hancock High Yield ETF
High Yield ETF/JHHY
NYSE Arca, Inc.
Annual SHAREHOLDER REPORT | March 31, 2026
This annual shareholder report contains important information about the John Hancock High Yield ETF (the fund) for the period of May 1, 2025 to March 31, 2026. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-6020.
This report describes changes to the fund that occurred during the reporting period.
What were the fund costs during the last year ?
(Based on a hypothetical $10,000 investment)
Fund Costs of a $10,000 investment Costs paid as a percentage
of a $10,000 investment
High Yield ETF/JHHY $491 0.52%
​1
Expenses for a full annual reporting period would be higher.
Management’s Discussion of Fund Performance
SUMMARY OF RESULTS
High Yield ETF (JHHY) returned 7.28% for the period ended March 31, 2026. The U.S. fixed-income market posted solid total returns in the 11-month reporting period. Inflation, while still above the U.S. Federal Reserve’s (Fed’s) longer-term target, remained below an annualized rate of 3% through the end of February. This trend, together with signs of slowing in the labor market, allowed the Fed to enact three quarter-point interest rate cuts. However, the period ended on a down note as bonds came under pressure from the start of the war in Iran. High-yield bonds outperformed the investment-grade market due to the larger contribution from income, together with favorable earnings trends and investors’ healthy appetite for risk.
TOP PERFORMANCE CONTRIBUTORS
All sectors posted gains | At a time of strong market performance, all sectors had positive returns.
Energy issues | Rising oil prices and improving fundamentals provided a tailwind for the sector, particularly in the final three months of the period. Holdings in the exploration & production and gas distribution subsectors made the largest contributions to absolute performance, led by SM Energy Company and Venture Global LNG, Inc., respectively.
Other areas of strength | Holdings in the telecommunications, health care, and basic industry sectors also made strong contributions.


TOP PERFORMANCE DETRACTORS
Printing & publishing | Positions in this subsector detracted modestly, with the weakest results coming from LABL, Inc.
Forestry/Paper | Holdings in this subsector also detracted to a very limited extent, due in part to a downturn in Mercer International, Inc.


The views expressed in this report are those of the portfolio management team and are subject to change. They are not meant as investment advice.
Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.
GROWTH OF $10,000
Fund Performance - Growth of 10K
AVERAGE ANNUAL TOTAL RETURN 1 Year Since inception
High Yield ETF (at net asset value) 7.13% 8.26%
Bloomberg U.S. Aggregate Bond Index 4.35% 6.22%
ICE BofA U.S. High Yield Constrained Index 6.90% 8.13%
Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund’s current performance may be higher or lower than the performance shown and can be found at jhinvestments.com/investments or by calling 800-225-6020. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.
Fund Statistics
Fund net assets $72,551,016
Total number of portfolio holdings 527
Total advisory fees paid (net) $122,116
Portfolio turnover rate 239%
Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.
Sector Composition
Consumer discretionary 15.2%
Communication services 12.9%
Industrials 12.4%
Financials 12.3%
Energy 11.0%
Materials 8.6%
Health care 8.5%
Information technology 5.4%
Utilities 3.7%
Real estate 3.0%
Consumer staples 2.9%
Short-term investments and other 4.1%
Quality Composition
Graphical Representation - Allocation 1 Chart
Ratings are from Moody’s Investors Service, Inc. If not available, we have used S&P Global Ratings. In the absence of ratings from these agencies, we have used Fitch Ratings, Inc. “Not rated” securities are those with no ratings available from these agencies. All ratings are as of 3-31-26 and do not reflect subsequent downgrades or upgrades, if any.
Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund’s investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.
The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .
Material Fund Changes
On December 9-11, 2025, the Board of Trustees of the fund approved a change to the fund’s fiscal year end from April 30 to March 31.
On January 26, 2026, an affiliate of CVC Capital Partners plc, a private markets investment firm, announced that it has agreed to acquire 100% of Marathon Asset Management (Marathon) (the Transaction). The closing of the Transaction will result in a change of control of Marathon, and therefore the current subadvisory agreement between Marathon and the Advisor will automatically terminate pursuant to the Investment Company Act of 1940, thus requiring approval of a new subadvisory agreement between Marathon and the Advisor.
At its meeting held March 24−26, 2026, the fund’s Board of Trustees considered and approved a new subadvisory agreement which is expected to become effective upon the closing of the Transaction, which is expected to be in the third quarter of 2026.
This is a summary of certain changes to the fund since  5-1-25 . For more complete information, please refer to the fund’s prospectus. The currently effective prospectus is available at jhinvestments.com/documents or by calling 800-225-6020 .
Availability of Additional Information
TSR QR Code
At jhinvestments.com/documents, you can find additional information about the fund, including the fund’s:
  • Prospectus
  • Financial information
  • Fund holdings
  • Proxy voting information
You can also request this information by contacting us at 800-225-6020.
This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.
Manulife JH back logo rebranded
John Hancock ETFs are distributed by Foreside Fund Services, LLC in the United States, and are subadvised by Boston Partners, Dimensional Fund Advisors LP, Marathon Asset Management, or our affiliate Manulife Investment Management (US) LLC. Foreside is not affiliated with John Hancock Investment Management Distributors LLC, Manulife Investment Management (US) LLC, Boston Partners, Dimensional Fund Advisors LP, or Marathon Asset Management. John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

895AETF

3/26

5/26

John Hancock High Yield ETF
Manulife JH front rebranded logo-TSR and FS
John Hancock Mortgage-Backed Securities ETF
Mortgage-Backed Securities ETF/JHMB
NYSE Arca, Inc.
Annual SHAREHOLDER REPORT | March 31, 2026
This annual shareholder report contains important information about the John Hancock Mortgage-Backed Securities ETF (the fund) for the period of May 1, 2025 to March 31, 2026. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-6020.
This report describes changes to the fund that occurred during the reporting period.
What were the fund costs during the last year ?
(Based on a hypothetical $10,000 investment)
Fund Costs of a $10,000 investment Costs paid as a percentage
of a $10,000 investment
Mortgage-Backed Securities ETF/JHMB $371 0.39%
​1
Expenses for a full annual reporting period would be higher.
Management’s Discussion of Fund Performance
SUMMARY OF RESULTS
Mortgage-Backed Securities ETF (JHMB) returned 5.14% for the period ended March 31, 2026. The U.S. fixed-income market posted solid total returns in the 11-month reporting period. Inflation, while still above the U.S. Federal Reserve’s (Fed’s) longer-term target, nonetheless remained below the 3% level through the end of February. This trend, together with signs of slowing in the labor market, allowed the Fed to enact three quarter-point interest rate cuts. However, a downturn in March—which resulted from the start of the war in Iran and accompanying concerns about a reacceleration of inflation—dampened returns for the full period.
Agency mortgage-backed securities (MBS) outperformed U.S. Treasuries, as investors were attracted to the category due to the combination of its above-average yield and high credit quality. In addition, pre-payment risk was dampened by mortgage rates that remained well above COVID-era lows.
TOP PERFORMANCE CONTRIBUTORS
MBS | The category made the largest contribution to absolute performance due to its sizable portfolio weighting and positive total return.
Non-agency MBS, commercial MBS, and asset-backed securities (ABS) | Investments in these areas also performed well and contributed to the fund’s total return.


TOP PERFORMANCE DETRACTORS
Specific holdings | While no major segment of the fund had a negative return, a number of individual positions detracted modestly. Driven Brands ABS lost ground amid the adverse headlines surrounding the subprime auto category. A position in the ABS of New Economy Assets was a small detractor, as well.


The views expressed in this report are those of the portfolio management team and are subject to change. They are not meant as investment advice.
Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.
GROWTH OF $10,000
Fund Performance - Growth of 10K
AVERAGE ANNUAL TOTAL RETURN 1 Year Since inception
Mortgage-Backed Securities ETF (at net asset value) 5.49% 1.40%
Bloomberg U.S. Aggregate Bond Index 4.35% (0.24)%
Bloomberg U.S. MBS Index 5.79% 0.33%
Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund’s current performance may be higher or lower than the performance shown and can be found at jhinvestments.com/investments or by calling 800-225-6020. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.
Fund Statistics
Fund net assets $212,663,193
Total number of portfolio holdings 428
Total advisory fees paid (net) $405,932
Portfolio turnover rate 40%
Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.
Portfolio Composition
U.S. Government Agency 59.1%
Collateralized mortgage obligations – Commercial and residential 21.4%
Asset-backed securities 15.0%
Collateralized mortgage obligations – U.S. Government Agency 2.8%
Corporate bonds 0.7%
Short-term investments and other 1.0%
Quality Composition
Graphical Representation - Allocation 1 Chart
Ratings are from Moody’s Investors Service, Inc. If not available, we have used S&P Global Ratings. In the absence of ratings from these agencies, we have used Fitch Ratings, Inc. “Not rated” securities are those with no ratings available from these agencies. All ratings are as of 3-31-26 and do not reflect subsequent downgrades or upgrades, if any.
Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund’s investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.
The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .
Material Fund Changes
On December 9-11, 2025, the Board of Trustees of the fund approved a change to the fund’s fiscal year end from April 30 to March 31.
This is a summary of certain changes to the fund since  5-1-25 . For more complete information, please refer to the fund’s prospectus. The currently effective prospectus is available at jhinvestments.com/documents or by calling 800-225-6020 .
Availability of Additional Information
TSR QR Code
At jhinvestments.com/documents, you can find additional information about the fund, including the fund’s:
  • Prospectus
  • Financial information
  • Fund holdings
  • Proxy voting information
You can also request this information by contacting us at 800-225-6020.
This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.
Manulife JH back logo rebranded

John Hancock ETFs are distributed by Foreside Fund Services, LLC in the United States, and are subadvised by Boston Partners, Dimensional Fund Advisors LP, Marathon Asset Management, or our affiliate Manulife Investment Management (US) LLC. Foreside is not affiliated with John Hancock Investment Management Distributors LLC, Manulife Investment Management (US) LLC, Boston Partners, Dimensional Fund Advisors LP, or Marathon Asset Management. John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

845AETF

3/26

5/26

John Hancock Mortgage-Backed Securities ETF

Manulife JH front rebranded logo-TSR and FS
John Hancock Preferred Income ETF
Preferred Income ETF/JHPI
NYSE Arca, Inc.
Annual SHAREHOLDER REPORT | March 31, 2026
This annual shareholder report contains important information about the John Hancock Preferred Income ETF (the fund) for the period of May 1, 2025 to March 31, 2026. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-6020.
This report describes changes to the fund that occurred during the reporting period.
What were the fund costs during the last year ?
(Based on a hypothetical $10,000 investment)
Fund Costs of a $10,000 investment Costs paid as a percentage
of a $10,000 investment
Preferred Income ETF/JHPI $511 0.54%
​1
Expenses for a full annual reporting period would be higher.
Management’s Discussion of Fund Performance
SUMMARY OF RESULTS
Preferred Income ETF (JHPI) returned 7.46% for the period ended March 31, 2026. The U.S. fixed-income market posted solid total returns in the 11-month reporting period. Inflation, while still above the U.S. Federal Reserve’s (Fed’s) longer-term target, nonetheless remained below the 3% level through the end of February. This trend, together with signs of slowing in the labor market, allowed the Fed to enact three quarter-point interest rate cuts. However, a downturn in March—which resulted from the start of the war in Iran and accompanying concerns about a reacceleration of inflation—dampened returns for the full period.
Investment-grade corporates outperformed U.S. Treasuries, reflecting the combination of their higher yields, favorable earnings trends, and investors’ healthy appetite for risk. These factors also provided strong support for high-yield bonds and helped the asset class outpace investment-grade issues.
TOP PERFORMANCE CONTRIBUTORS
Banking issues | The sector made the strongest contribution to absolute performance, reflecting its sizable portfolio weighting and healthy total return. Banking issues, in general, performed well at a time of positive economic growth and favorable interest rate trends.
Electric utilities | The sector, which also had a sizable weighting in the fund, performed well on expectations that the growth of artificial intelligence will lead to increased power demand.
Energy | Rising crude oil prices provided strong support for the sector, particularly after the start of the Iran war in March.


TOP PERFORMANCE DETRACTORS
The basic industry sector | At a time of positive market returns, this was the only sector in which the fund’s holdings lost ground. The overall impact on performance was limited.
Certain individual holdings | A small number of positions finished with losses, including the bonds of Brighthouse Financial, Inc. and the Bitcoin holding company Strategy, Inc.


The views expressed in this report are those of the portfolio management team and are subject to change. They are not meant as investment advice.
Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.
GROWTH OF $10,000
Fund Performance - Growth of 10K
AVERAGE ANNUAL TOTAL RETURN 1 Year Since inception
Preferred Income ETF (at net asset value) 6.49% 3.55%
Bloomberg U.S. Aggregate Bond Index 4.35% (0.09)%
ICE BofA U.S. All Capital Securities Index 5.47% 2.11%
Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund’s current performance may be higher or lower than the performance shown and can be found at jhinvestments.com/investments or by calling 800-225-6020. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.
Fund Statistics
Fund net assets $163,364,258
Total number of portfolio holdings 207
Total advisory fees paid (net) $388,322
Portfolio turnover rate 22%
Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.
Sector Composition
Financials 50.2%
Utilities 28.3%
Energy 8.3%
Communication services 6.0%
Real estate 1.8%
Information technology 1.2%
Health care 0.6%
Consumer discretionary 0.5%
U.S. Government Agency 0.5%
Industrials 0.2%
Short-term investments and other 2.4%
Quality Composition
Graphical Representation - Allocation 1 Chart
Ratings are from Moody’s Investors Service, Inc. If not available, we have used S&P Global Ratings. In the absence of ratings from these agencies, we have used Fitch Ratings, Inc. “Not rated” securities are those with no ratings available from these agencies. All ratings are as of 3-31-26 and do not reflect subsequent downgrades or upgrades, if any.
Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund’s investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.
The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .
Material Fund Changes
On December 9-11, 2025, the Board of Trustees of the fund approved a change to the fund’s fiscal year end from April 30 to March 31.
This is a summary of certain changes to the fund since  5-1-25 . For more complete information, please refer to the fund’s prospectus. The currently effective prospectus is available at jhinvestments.com/documents or by calling 800-225-6020 .
Availability of Additional Information
TSR QR Code
At jhinvestments.com/documents, you can find additional information about the fund, including the fund’s:
  • Prospectus
  • Financial information
  • Fund holdings
  • Proxy voting information
You can also request this information by contacting us at 800-225-6020.
This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.
Manulife JH back logo rebranded

John Hancock ETFs are distributed by Foreside Fund Services, LLC in the United States, and are subadvised by Boston Partners, Dimensional Fund Advisors LP, Marathon Asset Management, or our affiliate Manulife Investment Management (US) LLC. Foreside is not affiliated with John Hancock Investment Management Distributors LLC, Manulife Investment Management (US) LLC, Boston Partners, Dimensional Fund Advisors LP, or Marathon Asset Management. John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

885AETF

3/26

5/26

John Hancock Preferred Income ETF

Manulife JH front rebranded logo-TSR and FS
John Hancock Disciplined Value International Select ETF
Disciplined Value International Select ETF/JDVI
NYSE Arca, Inc.
Annual SHAREHOLDER REPORT | March 31, 2026
This annual shareholder report contains important information about the John Hancock Disciplined Value International Select ETF (the fund) for the period of May 1, 2025 to March 31, 2026. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-6020.
This report describes changes to the fund that occurred during the reporting period.
What were the fund costs during the last year ?
(Based on a hypothetical $10,000 investment)
Fund Costs of a $10,000 investment Costs paid as a percentage
of a $10,000 investment
Disciplined Value International Select ETF/JDVI $721 0.69%
​1
Expenses for a full annual reporting period would be higher.
Management’s Discussion of Fund Performance
SUMMARY OF RESULTS
Disciplined Value International Select ETF (JDVI) returned 26.61% for the period ended March 31, 2026. International equities produced strong returns in the 11-month reporting period behind a favorable combination of solid economic growth, falling interest rates, and robust corporate earnings. However, the markets finished the period below their late February high due to the uncertainty that accompanied the start of the war in Iran. The value style strongly outperformed the more broadly-based international indexes, providing a tailwind for the fund.
TOP PERFORMANCE CONTRIBUTORS
Materials | The fund’s positions in the sector accounted for roughly a quarter of its absolute return. Kinross Gold Corp. returned more than 100% and was the leading contributor to absolute returns. The mining stocks Rio Tinto, Ltd. and Teck Resources, Ltd. also performed very well, as did the Canadian fertilizer company Nutrien, Ltd.
Industrials | While the majority of the fund’s holdings in the sector recorded positive returns, Mitsubishi Electric Corp., Rexel SA, and BAE Systems PLC were the most notable contributors.
Other areas of strength | Holdings in financials, health care, and energy also made meaningful contributions to absolute performance. Sumitomo Mitsui Financial Group, Inc., Sandoz Group AG, and Cenovus Energy, Inc. were the largest contributors in the three sectors, respectively.


TOP PERFORMANCE DETRACTORS
Consumer discretionary | Sony Group Corp. and the U.K. homebuilder Barratt Redrow PLC each suffered double-digit losses, weighing on results.
Consumer staples | Heineken NV and Asahi Group Holdings, Ltd. both lost ground on concerns about the longer-term impact of slowing alcohol consumption on their businesses.
Certain individual holdings | Outside of these two sectors, HDFC Bank, Ltd. and Novo Nordisk A/S were key detractors.


The views expressed in this report are those of the portfolio management team and are subject to change. They are not meant as investment advice.
Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.
GROWTH OF $10,000
Fund Performance - Growth of 10K
AVERAGE ANNUAL TOTAL RETURN 1 Year Since inception
Disciplined Value International Select ETF (at net asset value) 31.64% 18.41%
MSCI EAFE Index 21.27% 15.19%
Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund’s current performance may be higher or lower than the performance shown and can be found at jhinvestments.com/investments or by calling 800-225-6020. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.
Fund Statistics
Fund net assets $62,548,076
Total number of portfolio holdings 39
Total advisory fees paid (net) $150,284
Portfolio turnover rate 13%
Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.
Top Ten Holdings
Kinross Gold Corp. 5.8%
Nutrien, Ltd. 5.1%
BAE Systems PLC 4.8%
Novartis AG 4.7%
Rio Tinto, Ltd. 4.7%
Samsung Electronics Company, Ltd. 4.0%
AstraZeneca PLC 3.3%
Sumitomo Mitsui Financial Group, Inc. 3.3%
Rexel SA 3.2%
Mitsubishi Electric Corp. 3.2%
Sector Composition
Financials 21.3%
Industrials 20.7%
Materials 18.5%
Health care 11.9%
Energy 6.2%
Communication services 6.0%
Information technology 5.8%
Consumer discretionary 4.9%
Consumer staples 3.5%
Short-term investments and other 1.2%
Country Composition
Graphical Representation - Allocation 2 Chart
Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund’s investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.
The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .
Material Fund Changes
On December 9-11, 2025, the Board of Trustees of the fund approved a change to the fund’s fiscal year end from April 30 to March 31.
This is a summary of certain changes to the fund since  5-1-25 . For more complete information, please refer to the fund’s prospectus. The currently effective prospectus is available at jhinvestments.com/documents or by calling 800-225-6020 .
Availability of Additional Information
TSR QR Code
At jhinvestments.com/documents, you can find additional information about the fund, including the fund’s:
  • Prospectus
  • Financial information
  • Fund holdings
  • Proxy voting information
You can also request this information by contacting us at 800-225-6020.
This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.
Manulife JH back logo rebranded
John Hancock ETFs are distributed by Foreside Fund Services, LLC in the United States, and are subadvised by Boston Partners, Dimensional Fund Advisors LP, Marathon Asset Management, or our affiliate Manulife Investment Management (US) LLC. Foreside is not affiliated with John Hancock Investment Management Distributors LLC, Manulife Investment Management (US) LLC, Boston Partners, Dimensional Fund Advisors LP, or Marathon Asset Management. John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

930AETF

3/26

5/26

John Hancock Disciplined Value International Select ETF
Manulife JH front rebranded logo-TSR and FS
John Hancock Disciplined Value Select ETF
Disciplined Value Select ETF/JDVL
NYSE Arca, Inc.
Annual SHAREHOLDER REPORT | March 31, 2026
This annual shareholder report contains important information about the John Hancock Disciplined Value Select ETF (the fund) for the period of August 5, 2025 (commencement of operations) to March 31, 2026. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-6020.
This report describes changes to the fund that occurred during the reporting period.
What were the fund costs during the last period ?
(Based on a hypothetical $10,000 investment)
Fund Costs of a $10,000 investment Costs paid as a percentage
of a $10,000 investment
Disciplined Value Select ETF/JDVL $381 0.56%
​1
Expenses for a full annual reporting period would be higher.
Management’s Discussion of Fund Performance
SUMMARY OF RESULTS
Disciplined Value Select ETF (JDVL) returned 10.64% for the period ended March 31, 2026. U.S. equities produced strong total returns in the abbreviated reporting period that ended on March 31, 2026. The combination of solid economic growth, falling interest rates, and healthy corporate earnings propelled the major indexes to a series of all-time highs through the end of February 2026. However, the outbreak of war in Iran in early March led to a sizable market downturn and caused stocks to finish well below their earlier peak.
TOP PERFORMANCE CONTRIBUTORS
Information technology | Positions in the semiconductor companies Micron Technology, Inc. and Applied Materials, Inc., which benefited from expectations for rising demand fueled by the artificial intelligence infrastructure buildout, were the leading contributors to absolute returns in the sector.
Energy | Marathon Petroleum Corp. and Diamondback Energy, Inc. both delivered positive returns, with much of the gain occurring in the final three months of the period.
Other areas of strength | Holdings in the industrials, health care, and materials sectors also made meaningful contributions to absolute performance. FedEx Corp., AbbVie, Inc., and Newmont Corp. were the leading contributors in the three sectors, respectively.


TOP PERFORMANCE DETRACTORS
Consumer discretionary | Positions in The Home Depot, Inc., Amazon.com, Inc., and Booking Holdings, Inc. finished with negative absolute returns
Communication services | The fund was hurt by weakness in The Walt Disney Company, as well as a downturn in Meta Platforms, Inc. during the time it was held in the portfolio.
Certain individual positions | Outside of these two sectors, Uber Technologies, Inc., Oracle Corp., and LPL Financial Holdings, Inc. were the most notable detractors to absolute performance.


The views expressed in this report are those of the portfolio management team and are subject to change. They are not meant as investment advice.
Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.
GROWTH OF $10,000
Fund Performance - Growth of 10K
AVERAGE ANNUAL TOTAL RETURN Since inception
Disciplined Value Select ETF (at net asset value) 10.64%
Russell 1000 Index 4.31%
Russell 1000 Value Index 11.44%
Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund’s current performance may be higher or lower than the performance shown and can be found at jhinvestments.com/investments or by calling 800-225-6020. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.
Fund Statistics
Fund net assets $488,247,420
Total number of portfolio holdings 41
Total advisory fees paid (net) $332,716
Portfolio turnover rate 38%
Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.
Top Ten Holdings
JPMorgan Chase & Co. 4.2%
Amazon.com, Inc. 4.0%
U.S. Foods Holding Corp. 3.7%
Philip Morris International, Inc. 3.5%
Wells Fargo & Company 3.3%
Morgan Stanley 3.3%
Cencora, Inc. 3.1%
Marathon Petroleum Corp. 3.1%
Kinross Gold Corp. 3.0%
CRH PLC 2.8%
Sector Composition
Financials 19.1%
Industrials 15.9%
Health care 11.7%
Information technology 11.3%
Energy 8.3%
Materials 7.5%
Consumer discretionary 7.5%
Consumer staples 7.2%
Communication services 4.9%
Utilities 4.0%
Short-term investments and other 2.6%
Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund’s investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.
The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .
Material Fund Changes
On December 9-11, 2025, the Board of Trustees of the fund approved a change to the fund’s fiscal year end from April 30 to March 31.
This is a summary of certain changes to the fund since  8-5-25 . For more complete information, please refer to the fund’s prospectus. The currently effective prospectus is available at jhinvestments.com/documents or by calling 800-225-6020 .
Availability of Additional Information
TSR QR Code
At jhinvestments.com/documents, you can find additional information about the fund, including the fund’s:
  • Prospectus
  • Financial information
  • Fund holdings
  • Proxy voting information
You can also request this information by contacting us at 800-225-6020.
This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.
Manulife JH back logo rebranded
John Hancock ETFs are distributed by Foreside Fund Services, LLC in the United States, and are subadvised by Boston Partners, Dimensional Fund Advisors LP, Marathon Asset Management, or our affiliate Manulife Investment Management (US) LLC. Foreside is not affiliated with John Hancock Investment Management Distributors LLC, Manulife Investment Management (US) LLC, Boston Partners, Dimensional Fund Advisors LP, or Marathon Asset Management. John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
991AETF
3/26
5/26
John Hancock Disciplined Value Select ETF
Manulife JH front rebranded logo-TSR and FS
John Hancock Fundamental All Cap Core ETF
Fundamental All Cap Core ETF/JHAC
NYSE Arca, Inc.
Annual SHAREHOLDER REPORT | March 31, 2026
This annual shareholder report contains important information about the John Hancock Fundamental All Cap Core ETF (the fund) for the period of May 1, 2025 to March 31, 2026. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-6020.
This report describes changes to the fund that occurred during the reporting period.
What were the fund costs during the last year ?
(Based on a hypothetical $10,000 investment)
Fund Costs of a $10,000 investment Costs paid as a percentage
of a $10,000 investment
Fundamental All Cap Core ETF/JHAC $691 0.72%
​1
Expenses for a full annual reporting period would be higher.
Management’s Discussion of Fund Performance
SUMMARY OF RESULTS
Fundamental All Cap Core ETF (JHAC) returned 8.48% for the period ended March 31, 2026. Despite a sell-off in March 2026 caused by the start of the war in Iran, U.S. equities registered strong returns over the full reporting period. The backdrop of steady economic growth, robust corporate earnings, and accommodative U.S. Federal Reserve policy helped support investors’ appetite for risk, leading to gains across the market capitalization spectrum.
TOP PERFORMANCE CONTRIBUTORS
Communication services | Google's parent, Alphabet, Inc., performed very well and accounted for nearly all of the fund’s strong total return in the sector.
Industrials | Regal Rexnord Corp., a manufacturer of electric motors and power transmission components, was the leading contributor. United Rentals, Inc. helped results, as well.
Other areas of strength | Holdings in health care, financials, and energy also made meaningful contributions to performance. Hologic, Inc., Morgan Stanley, and Cheniere Energy, Inc. were the leading contributors in the three sectors, respectively. Outside of these areas, NVIDIA Corp. and Amazon.com, Inc. were the most notable contributors.


TOP PERFORMANCE DETRACTORS
Consumer staples | Shares of BellRing Brands, Inc., a producer of nutrition-oriented foods and beverages, lost ground during the period. In addition, Anheuser-Busch InBev SA/NV and Diageo PLC came under pressure from slowing alcohol sales worldwide.
Real estate | The communications tower operators Crown Castle, Inc. and American Tower Corp. lost ground amid concerns about slowing growth in the industry.
Specific holdings | Microsoft Corp. was the largest individual detractor. A number of stocks seen as vulnerable to artificial intelligence disruptions, including Workday, Inc., Salesforce, Inc., and Adobe, Inc. also weighed on results.


The views expressed in this report are those of the portfolio management team and are subject to change. They are not meant as investment advice.
Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.
GROWTH OF $10,000
Fund Performance - Growth of 10K
AVERAGE ANNUAL TOTAL RETURN 1 Year Since inception
Fundamental All Cap Core ETF (at net asset value) 5.63% 14.82%
Russell 3000 Index 18.09% 21.61%
Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund’s current performance may be higher or lower than the performance shown and can be found at jhinvestments.com/investments or by calling 800-225-6020. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.
Fund Statistics
Fund net assets $3,285,585
Total number of portfolio holdings 54
Total advisory fees paid (net) $0
Portfolio turnover rate 64%
Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total investments of the fund.
Top Ten Holdings
Amazon.com, Inc. 7.4%
Alphabet, Inc., Class A 6.3%
Cheniere Energy, Inc. 4.7%
iShares Expanded Tech-Software Sector ETF 3.9%
NVIDIA Corp. 3.7%
KKR & Company, Inc. 3.6%
Taiwan Semiconductor Manufacturing Company, Ltd., ADR 3.5%
Meta Platforms, Inc., Class A 3.3%
iShares Russell 3000 ETF 3.0%
Roper Technologies, Inc. 3.0%
Sector Composition
Information technology 22.6%
Consumer discretionary 15.8%
Health care 15.3%
Communication services 12.4%
Financials 9.6%
Industrials 6.6%
Energy 4.7%
Schedule of securities sold short 3.9%
Real estate 3.8%
Consumer staples 2.0%
Materials 1.0%
Short-term investments 2.3%
Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund’s investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.
The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .
Material Fund Changes
On December 9-11, 2025, the Board of Trustees of the fund approved a change to the fund’s fiscal year end from April 30 to March 31.
This is a summary of certain changes to the fund since  5-1-25 . For more complete information, please refer to the fund’s prospectus. The currently effective prospectus is available at jhinvestments.com/documents or by calling 800-225-6020 .
Availability of Additional Information
TSR QR Code
At jhinvestments.com/documents, you can find additional information about the fund, including the fund’s:
  • Prospectus
  • Financial information
  • Fund holdings
  • Proxy voting information
You can also request this information by contacting us at 800-225-6020.
This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.
Manulife JH back logo rebranded
John Hancock ETFs are distributed by Foreside Fund Services, LLC in the United States, and are subadvised by Boston Partners, Dimensional Fund Advisors LP, Marathon Asset Management, or our affiliate Manulife Investment Management (US) LLC. Foreside is not affiliated with John Hancock Investment Management Distributors LLC, Manulife Investment Management (US) LLC, Boston Partners, Dimensional Fund Advisors LP, or Marathon Asset Management. John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

977AETF

3/26

5/26

John Hancock Fundamental All Cap Core ETF
Manulife JH front rebranded logo-TSR and FS
John Hancock International High Dividend ETF
International High Dividend ETF/JHID
NYSE Arca, Inc.
Annual SHAREHOLDER REPORT | March 31, 2026
This annual shareholder report contains important information about the John Hancock International High Dividend ETF (the fund) for the period of May 1, 2025 to March 31, 2026. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-6020.
This report describes changes to the fund that occurred during the reporting period.
What were the fund costs during the last year ?
(Based on a hypothetical $10,000 investment)
Fund Costs of a $10,000 investment Costs paid as a percentage
of a $10,000 investment
International High Dividend ETF/JHID $491 0.46%
​1
Expenses for a full annual reporting period would be higher.
Management’s Discussion of Fund Performance
SUMMARY OF RESULTS
International High Dividend ETF (JHID) returned 29.75% for the period ended March 31, 2026. International equities produced solid returns in the abbreviated reporting period, supported by favorable economic growth, falling interest rates, and robust corporate earnings. However, the markets finished the period below their late February high due to the uncertainty that accompanied the start of the war in Iran. Dividend-paying stocks outperformed the more broadly-based indexes, providing a tailwind for the fund.
TOP PERFORMANCE CONTRIBUTORS
Financials | The sector made the largest contribution to absolute performance due to the combination of its sizable portfolio weighting and strong total return. Banco Bilbao Vizcaya Argentaria SA, DBS Group Holdings, Ltd., and Bank Leumi Le-Israel BM were the leading individual contributors.
Industrials | The Japanese companies Mitsui & Company, Ltd. and Sumitomo Corp. were the top contributors, followed by the European company ABB, Ltd.
Other areas of strength | Holdings in energy, materials, and utilities also made meaningful contributions to absolute performance. Equinor ASA, Rio Tinto PLC, and Engie SA were the leading contributors in the three sectors, respectively.


TOP PERFORMANCE DETRACTORS
Communication services | This was the only sector in which the fund had a negative return. Two of the three holdings in this area—Publicis Groupe SA and TELUS Corp.—lost ground, weighing on results.
Specific holdings | SAP SE, a German enterprise software company hurt by worries that its business would be adversely affected by artificial intelligence, was the largest detractor in the portfolio as a whole. Novo Nordisk A/S and EXOR NV also hurt results.


The views expressed in this report are those of the portfolio management team and are subject to change. They are not meant as investment advice.
Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.
GROWTH OF $10,000
Fund Performance - Growth of 10K
AVERAGE ANNUAL TOTAL RETURN 1 Year Since inception
International High Dividend ETF (at net asset value) 35.61% 20.41%
MSCI World ex USA Index 22.99% 16.01%
MSCI World ex USA High Dividend Yield Index 24.37% 18.06%
Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund’s current performance may be higher or lower than the performance shown and can be found at jhinvestments.com/investments or by calling 800-225-6020. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.
Fund Statistics
Fund net assets $11,133,583
Total number of portfolio holdings 100
Total advisory fees paid (net) $0
Portfolio turnover rate 37%
Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.
Top Ten Holdings
Equinor ASA 2.5%
WH Group, Ltd. 2.1%
Banco BPM SpA 2.1%
Naturgy Energy Group SA 2.0%
Rio Tinto PLC 2.0%
Sumitomo Corp. 2.0%
Engie SA 2.0%
Oversea-Chinese Banking Corp., Ltd. 2.0%
Novartis AG 1.9%
Fortescue, Ltd. 1.9%
Sector Composition
Financials 28.8%
Industrials 13.1%
Consumer staples 8.8%
Information technology 8.4%
Energy 6.9%
Health care 6.7%
Materials 6.3%
Utilities 6.1%
Real estate 6.0%
Consumer discretionary 4.8%
Communication services 2.5%
Short-term investments and other 1.6%
Country Composition
Graphical Representation - Allocation 2 Chart
Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund’s investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.
The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .
Material Fund Changes
On December 9-11, 2025, the Board of Trustees of the fund approved a change to the fund’s fiscal year end from April 30 to March 31.
This is a summary of certain changes to the fund since  5-1-25 . For more complete information, please refer to the fund’s prospectus. The currently effective prospectus is available at jhinvestments.com/documents or by calling 800-225-6020 .
Availability of Additional Information
TSR QR Code
At jhinvestments.com/documents, you can find additional information about the fund, including the fund’s:
  • Prospectus
  • Financial information
  • Fund holdings
  • Proxy voting information
You can also request this information by contacting us at 800-225-6020.
This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.
Manulife JH back logo rebranded

John Hancock ETFs are distributed by Foreside Fund Services, LLC in the United States, and are subadvised by Boston Partners, Dimensional Fund Advisors LP, Marathon Asset Management, or our affiliate Manulife Investment Management (US) LLC. Foreside is not affiliated with John Hancock Investment Management Distributors LLC, Manulife Investment Management (US) LLC, Boston Partners, Dimensional Fund Advisors LP, or Marathon Asset Management. John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

955AETF

3/26

5/26

John Hancock International High Dividend ETF

Manulife JH front rebranded logo-TSR and FS
John Hancock U.S. High Dividend ETF
U.S. High Dividend ETF/JHDV
NYSE Arca, Inc.
Annual SHAREHOLDER REPORT | March 31, 2026
This annual shareholder report contains important information about the John Hancock U.S. High Dividend ETF (the fund) for the period of May 1, 2025 to March 31, 2026. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-6020.
This report describes changes to the fund that occurred during the reporting period.
What were the fund costs during the last year ?
(Based on a hypothetical $10,000 investment)
Fund Costs of a $10,000 investment Costs paid as a percentage
of a $10,000 investment
U.S. High Dividend ETF/JHDV $351 0.34%
​1
Expenses for a full annual reporting period would be higher.
Management’s Discussion of Fund Performance
SUMMARY OF RESULTS
U.S. High Dividend ETF (JHDV) returned 22.18% for the period ended March 31, 2026. Despite a sell-off in March 2026 caused by the start of the war in Iran, U.S. equities registered strong returns over the full reporting period. The backdrop of steady economic growth, robust corporate earnings, and accommodative U.S. Federal Reserve policy helped support investors’ appetite for risk.
TOP PERFORMANCE CONTRIBUTORS
Information technology | The sector made the largest contribution to absolute performance due to the combination of its sizable portfolio weighting and strong total return. All but one holding in technology posted gains in the period, with the semiconductor stocks NVIDIA Corp., Lam Research Corp., and KLA Corp. making the most significant contributions. Apple, Inc. and Monolithic Power Systems, Inc. were further contributors of note to absolute performance.
Financials | Credicorp, Ltd. and OneMain Holdings, Inc. were the two top performers in the sector.
Other areas of strength | Holdings in industrials, energy, and utilities also made meaningful contributions to performance. Vertiv Holdings Company, Chevron Corp., and Edison International were the leading contributors in the three sectors, respectively.


TOP PERFORMANCE DETRACTORS
Certain individual stocks | A few specific positions detracted from results. Among these were the business services companies Paychex, Inc., Accenture PLC, and Automatic Data Processing, Inc. The packaged food companies The Kraft Heinz Company and Conagra Brands, Inc. also finished with negative returns.


The views expressed in this report are those of the portfolio management team and are subject to change. They are not meant as investment advice.
Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.
GROWTH OF $10,000
Fund Performance - Growth of 10K
AVERAGE ANNUAL TOTAL RETURN 1 Year Since inception
U.S. High Dividend ETF (at net asset value) 18.77% 17.57%
S&P 500 Index 17.80% 19.69%
MSCI USA High Dividend Yield Index 12.34% 12.85%
Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund’s current performance may be higher or lower than the performance shown and can be found at jhinvestments.com/investments or by calling 800-225-6020. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.
Fund Statistics
Fund net assets $9,228,005
Total number of portfolio holdings 74
Total advisory fees paid (net) $0
Portfolio turnover rate 26%
Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.
Top Ten Holdings
NVIDIA Corp. 7.3%
Apple, Inc. 5.2%
Microsoft Corp. 4.8%
Verizon Communications, Inc. 2.5%
Vertiv Holdings Company, Class A 2.5%
Chevron Corp. 2.4%
Broadcom, Inc. 2.4%
Edison International 2.3%
Pfizer, Inc. 2.2%
Altria Group, Inc. 2.2%
Sector Composition
Information technology 33.3%
Financials 15.9%
Industrials 8.7%
Consumer staples 7.8%
Health care 6.8%
Real estate 6.3%
Communication services 6.1%
Energy 5.7%
Consumer discretionary 5.2%
Utilities 3.1%
Short-term investments and other 1.1%
Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund’s investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.
The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .
Material Fund Changes
On December 9-11, 2025, the Board of Trustees of the fund approved a change to the fund’s fiscal year end from April 30 to March 31.
This is a summary of certain changes to the fund since  5-1-25 . For more complete information, please refer to the fund’s prospectus. The currently effective prospectus is available at jhinvestments.com/documents or by calling 800-225-6020 .
Availability of Additional Information
TSR QR Code
At jhinvestments.com/documents, you can find additional information about the fund, including the fund’s:
  • Prospectus
  • Financial information
  • Fund holdings
  • Proxy voting information
You can also request this information by contacting us at 800-225-6020.
This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.
Manulife JH back logo rebranded

John Hancock ETFs are distributed by Foreside Fund Services, LLC in the United States, and are subadvised by Boston Partners, Dimensional Fund Advisors LP, Marathon Asset Management, or our affiliate Manulife Investment Management (US) LLC. Foreside is not affiliated with John Hancock Investment Management Distributors LLC, Manulife Investment Management (US) LLC, Boston Partners, Dimensional Fund Advisors LP, or Marathon Asset Management. John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com

Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

966AETF

3/26

5/26

John Hancock U.S. High Dividend ETF

Manulife JH front rebranded logo-TSR and FS
John Hancock Global Senior Loan ETF
Global Senior Loan ETF/JHLN
NYSE Arca, Inc.
Annual SHAREHOLDER REPORT | March 31, 2026
This annual shareholder report contains important information about the John Hancock Global Senior Loan ETF (the fund) for the period of August 19, 2025 (commencement of operations) to March 31, 2026. You can find additional information about the fund at jhinvestments.com/documents. You can also request this information by contacting us at 800-225-6020.
This report describes changes to the fund that occurred during the reporting period.
What were the fund costs during the last period ?
(Based on a hypothetical $10,000 investment)
Fund Costs of a $10,000 investment Costs paid as a percentage
of a $10,000 investment
Global Senior Loan ETF/JHLN $361 0.59%
​1
Expenses for a full annual reporting period would be higher.
Management’s Discussion of Fund Performance
SUMMARY OF RESULTS
Global Senior Loan ETF (JHLN) returned 0.56% for the period ended March 31, 2026. Senior loans produced mixed returns in the abbreviated reporting period. The asset class initially performed well, with the backdrop of favorable credit conditions and broader strength in the fixed-income markets providing a tailwind through the end of 2025. The environment grew less favorable at the start of the new year, however, as the combination of disruptions in the private credit space and the start of the war in Iran dampened investor sentiment.
TOP PERFORMANCE CONTRIBUTORS
Income | Portfolio income, which offset the impact of negative price performance, was a key contributor to the fund’s absolute return.
Cash position | The fund’s position in State Street Institutional U.S. Government Money Market Fund made a meaningful contribution to results.
Specific sectors | Positions in the healthcare and energy sectors delivered positive returns. An allocation to asset-backed securities, while limited, was also a contributor.


TOP PERFORMANCE DETRACTORS
Holdings in Europe | Non-U.S. holdings finished with negative returns in the period, weighing on absolute performance.
Sectors | The information technology was the largest detractor to performance on an absolute basis. Certain areas of the information technology sector came under pressure from the issues in private credit and concerns about the longer-term impact of artificial intelligence. Holdings in the consumer discretionary and materials sectors detracted, as well.


The views expressed in this report are those of the portfolio management team and are subject to change. They are not meant as investment advice.
Fund Performance
The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the fund (or for the life of the fund, if shorter). It assumes a $10,000 initial investment in the fund and in an appropriate, broad-based securities market index for the same period.
GROWTH OF $10,000
Fund Performance - Growth of 10K
AVERAGE ANNUAL TOTAL RETURN Since inception
Global Senior Loan ETF (at net asset value) 0.54%
Bloomberg U.S. Aggregate Bond Index 2.64%
Morningstar LSTA U.S. Leveraged Loan Index 1.40%
Performance figures assume all distributions have been reinvested and reflect the beneficial effect of any expense reductions. Past performance does not guarantee future results. The return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Due to market volatility and other factors, the fund’s current performance may be higher or lower than the performance shown and can be found at jhinvestments.com/investments or by calling 800-225-6020. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. It is not possible to invest directly in an index.
Fund Statistics
Fund net assets $603,584,697
Total number of portfolio holdings 423
Total advisory fees paid (net) $437,323
Portfolio turnover rate 26%
Graphical Representation of Holdings
The tables below show the investment makeup of the fund, representing a percentage of the total net assets of the fund.
Sector Composition
Industrials 22.2%
Consumer discretionary 13.3%
Health care 9.4%
Consumer staples 8.0%
Communication services 6.9%
Asset-backed securities 6.7%
Financials 6.6%
Information technology 6.4%
Materials 5.4%
Energy 2.0%
Real estate 0.4%
Utilities 0.2%
Short-term investments and other 12.5%
Quality Composition
Graphical Representation - Allocation 1 Chart
Ratings are from Moody’s Investors Service, Inc. If not available, we have used S&P Global Ratings. In the absence of ratings from these agencies, we have used Fitch Ratings, Inc. “Not rated” securities are those with no ratings available from these agencies. All ratings are as of 3-31-26 and do not reflect subsequent downgrades or upgrades, if any.
Holdings may not have been held by the fund for the entire period and are subject to change without notice. Portfolio composition is subject to review in accordance with the fund’s investment strategy and may vary in the future. Current and future portfolio holdings are subject to risk and may change at any time.
The fund is subject to various risks as described in the fund's prospectus . For more information, please refer to the "Principal risks" section of the prospectus .
Material Fund Changes
On December 9-11, 2025, the Board of Trustees of the fund approved a change to the fund’s fiscal year end from April 30 to March 31.
This is a summary of certain changes to the fund since  8-19-25 . For more complete information, please refer to the fund’s prospectus. The currently effective prospectus is available at jhinvestments.com/documents or by calling 800-225-6020 .
Availability of Additional Information
TSR QR Code
At jhinvestments.com/documents, you can find additional information about the fund, including the fund’s:
  • Prospectus
  • Financial information
  • Fund holdings
  • Proxy voting information
You can also request this information by contacting us at 800-225-6020.
This report is for the information of the shareholders in this fund. It is not authorized for distribution to prospective investors unless preceded or accompanied by the fund's prospectus.
Manulife JH back logo rebranded
John Hancock ETFs are distributed by Foreside Fund Services, LLC in the United States, and are subadvised by Boston Partners, Dimensional Fund Advisors LP, Marathon Asset Management, or our affiliate Manulife Investment Management (US) LLC. Foreside is not affiliated with John Hancock Investment Management Distributors LLC, Manulife Investment Management (US) LLC, Boston Partners, Dimensional Fund Advisors LP, or Marathon Asset Management. John Hancock Investment Management Distributors LLC, Member FINRA, SIPC, 200 Berkeley Street, Boston, MA 02116, 800-225-5291, jhinvestments.com
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.

992AETF

3/26

5/26

John Hancock Global Senior Loan ETF

ITEM 2. CODE OF ETHICS.

As of the end of the year, March 31, 2026, the registrant has adopted a code of ethics, as defined in Item 2 of Form N-CSR, that applies to its Chief Executive Officer, Chief Financial Officer and Treasurer (respectively, the principal executive officer, the principal financial officer and the principal accounting officer, the "Covered Officers"). A copy of the code of ethics is filed as an exhibit to this Form N-CSR.


ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.

Frances G. Rathke and William K. Bacic are audit committee financial experts and are "independent", pursuant to general instructions on Form N-CSR Item 3.


ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.

(a) Audit Fees

The aggregate fees billed for professional services rendered by the principal accountant for the audits of the registrant's annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements amounted to $555,230 for the fiscal period ended March 31, 2026 (fiscal year end for the John Hancock ETF changed from April 30 to March 31), $427,331 for the fiscal year ended April 30, 2025 and $347,678 for the fiscal year ended April 30, 2024. These fees were billed to the registrant and were approved by the registrant's audit committee.

(b) Audit-Related Services

Audit-related fees for assurance and related services by the principal accountant are billed to the registrant or to the registrant's investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the adviser ("control affiliates") that provides ongoing services to the registrant. The nature of the services provided was related to a software licensing fee. Amounts billed to the registrant were $216 for the period ended March 31, 2026, $189 for fiscal year ended April 30, 2025 and $157 for the fiscal year ended ended April 30, 2024.

(c) Tax Fees

The aggregate fees billed for professional services rendered by the principal accountant for tax compliance, tax advice and tax planning ("tax fees") amounted to $50,941 for the fiscal period ended March 31, 2026, $45,026 for the fiscal year ended April 30, 2025 and $37,599 for the fiscal year ended April 30, 2024. The nature of the services comprising the tax fees was the review of the registrant's tax returns and tax distribution requirements. These fees were billed to the registrant and were approved by the registrant's audit committee.

(d) All Other Fees

Other fees amounted to $12,204 for the fiscal period ended March 31, 2026, $0 for the fiscal year ended April 30, 2025 and $4,801 for the fiscal year ended April 30, 2024. The nature of the services comprising all other fees is advisory services provided to the investment manager. These fees were approved by the registrant's audit committee.

(e)(1) Audit Committee Pre-Approval Policies and Procedures

The registrant's Audit Committee must pre-approve all audit and non-audit services provided by the independent registered public accounting firm (the "Auditor") relating to the operations or financial reporting of the funds. Prior to the commencement of any audit or non-audit services to a fund, the Audit Committee reviews the services to determine whether they are appropriate and permissible under applicable law.

The registrant's Audit Committee has adopted policies and procedures to, among other purposes, provide a framework for the Committee's consideration of audit-related and non-audit services by the Auditor. The policies and procedures require that any audit-related and non-audit service provided by the Auditor and any non-audit service provided by the Auditor to a fund service provider that relates directly to the operations and financial reporting of a fund are subject to approval by the Audit Committee before such service is provided. Audit-related services provided by the Auditor that are expected to exceed $25,000 per instance/per fund are subject to specific pre-approval by the Audit Committee. Tax services provided by the Auditor that are expected to exceed $30,000 per instance/per fund are subject to specific pre-approval by the Audit Committee.

All audit services, as well as the audit-related and non-audit services that are expected to exceed the amounts stated above, must be approved in advance of provision of the service by formal resolution of the Audit Committee. At the regularly scheduled Audit Committee meetings, the Committee reviews a report summarizing the services, including fees, provided by the Auditor.

(e)(2) Services approved pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X

Audit-Related Fees, Tax Fees and All Other Fees

There were no amounts that were approved by the Audit Committee pursuant to the de minimis exception under Rule 2-01 of Regulation S-X.

(f) According to the registrant's principal accountant for the fiscal period ended March 31, 2026, the percentage of hours spent on the audit of the registrant's financial statements for the most recent fiscal year that were attributed to work performed by persons who were not full-time, permanent employees of principal accountant was less than 50%.

(g) The aggregate non-audit fees billed by the registrant's principal accountant for non-audit services rendered to the registrant and rendered to the registrant's control affiliates were $1,270,837 for the fiscal period ended March 31, 2026, $976,367 for the fiscal year ended April 30, 2025 and $1,167,486 for the fiscal year ended April 30, 2024.

(h) The audit committee of the registrant has considered the non-audit services provided by the registrant's principal accountant to the control affiliates and has determined that the services that were not pre-approved are compatible with maintaining the principal accountant's independence.

(i) Not applicable.

(j) Not applicable.


ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.

The registrant has a separately-designated standing audit committee comprised of independent trustees. The members of the audit committee are as follows:

Frances G. Rathke – Chairperson

William H. Cunningham - retired effective December 31, 2025

William K. Bacic

Thomas R. Wright - effective January 1, 2026


ITEM 6. SCHEDULE OF INVESTMENTS.

(a) Refer to information included in Item 7.

(b) Not applicable.


ITEM 7. FINANCIAL STATEMENTS AND FINANCIAL HIGHLIGHTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

The Registrant prepared financial statements and financial highlights for the period ended March 31, 2026 for the following funds:

John Hancock Multifactor ETFs

  • John Hancock Multifactor Developed International ETF

  • John Hancock Multifactor Emerging Markets ETF

  • John Hancock Multifactor Large Cap ETF

  • John Hancock Multifactor Mid Cap ETF

  • John Hancock Multifactor Small Cap ETF

John Hancock Active Fixed Income ETFs

  • John Hancock Core Bond ETF

  • John Hancock Core Plus Bond ETF

  • John Hancock Corporate Bond ETF

  • John Hancock Dynamic Municipal Bond ETF

  • John Hancock High Yield ETF

  • John Hancock Mortgage-Backed Securities ETF

  • John Hancock Preferred Income ETF

John Hancock Active Equity ETFs

  • John Hancock Disciplined Value International Select ETF

  • John Hancock Disciplined Value Select ETF

  • John Hancock Fundamental All Cap Core ETF

  • John Hancock International High Dividend ETF

  • John Hancock U.S. High Dividend ETF

John Hancock Global Senior Loan ETF


Annual Financial Statements & Other N-CSR Items
John Hancock
Multifactor ETFs
March 31, 2026
John Hancock
Multifactor ETFs
Table of contents
2 Funds’ investments
44 Financial statements
51 Financial highlights
54 Notes to financial statements
65 Report of independent registered public accounting firm
66 Tax information
67 Shareholder meeting 
1 JOHN HANCOCK MULTIFACTOR ETFS |   
Table of Contents
Funds’ investments
MULTIFACTOR DEVELOPED INTERNATIONAL ETF
As of 3-31-26
  Shares or
Principal
Amount 		Value
COMMON STOCKS - 98.4% $1,146,125,733
(Cost $988,619,237)    
Australia - 6.5% 75,572,175
ANZ Group Holdings, Ltd. 118,023 2,907,598
APA Group 144,109 982,068
Aristocrat Leisure, Ltd. 29,461 914,662
ASX, Ltd. 9,408 336,997
BHP Group, Ltd. (A) 174,189 6,011,631
BlueScope Steel, Ltd. 76,703 1,351,172
Brambles, Ltd. 65,573 1,014,988
carsales.com, Ltd. 27,912 435,866
Cochlear, Ltd. 8,115 939,852
Coles Group, Ltd. 143,372 2,156,373
Commonwealth Bank of Australia 35,814 4,113,515
Computershare, Ltd. 64,505 1,254,255
CSL, Ltd. 11,662 1,124,453
Evolution Mining, Ltd. 89,458 773,225
Fortescue, Ltd. 166,733 2,319,309
Goodman Group (A) 43,382 758,853
Insurance Australia Group, Ltd. 564,017 2,835,407
Lynas Rare Earths, Ltd. (B) 40,416 524,830
Macquarie Group, Ltd. 14,139 1,955,450
Medibank Private, Ltd. 355,487 1,061,543
National Australia Bank, Ltd. 112,645 3,197,120
Northern Star Resources, Ltd. 174,355 2,431,305
Origin Energy, Ltd. 217,124 1,841,008
PLS Group, Ltd. (A)(B) 110,792 388,513
Pro Medicus, Ltd. (A) 6,619 529,949
Qantas Airways, Ltd. 89,987 515,861
QBE Insurance Group, Ltd. 317,761 4,620,381
REA Group, Ltd. (A) 4,437 475,345
Rio Tinto, Ltd. 30,447 3,366,324
Santos, Ltd. 736,606 4,015,832
Scentre Group 238,773 542,938
SGH, Ltd. 40,218 1,113,106
Sigma Healthcare, Ltd. (A) 184,892 335,576
Sonic Healthcare, Ltd. 71,754 1,005,001
South32, Ltd. 428,586 1,253,410
Stockland 128,357 378,900
Suncorp Group, Ltd. 185,371 2,050,414
Telstra Group, Ltd. 189,084 690,254
The GPT Group 94,864 294,325
The Lottery Corp., Ltd. 244,956 902,605
Transurban Group 58,246 558,897
Vicinity, Ltd. 195,532 313,373
Wesfarmers, Ltd. 39,955 1,995,195
Westpac Banking Corp. 149,088 4,030,297
WiseTech Global, Ltd. 11,014 286,803
Woodside Energy Group, Ltd. 141,091 3,386,995
Woolworths Group, Ltd. 51,345 1,280,401
MULTIFACTOR DEVELOPED INTERNATIONAL ETF (continued)
  Shares or
Principal
Amount 		Value
Austria - 0.3% $4,028,166
ANDRITZ AG 3,134 214,854
BAWAG Group AG (B)(C) 3,843 573,414
Erste Group Bank AG 12,493 1,331,485
OMV AG 10,812 787,319
Raiffeisen Bank International AG 11,994 502,476
Strabag SE, Bearer Shares 429 42,312
Telekom Austria AG 4,404 46,227
Verbund AG 1,490 112,706
voestalpine AG 9,578 417,373
Belgium - 1.1% 12,868,745
Ackermans & van Haaren NV 3,784 1,144,916
Ageas SA/NV 29,426 2,137,687
Anheuser-Busch InBev SA/NV 65,028 4,474,536
D’ieteren Group 1,760 320,809
Elia Group SA/NV (B) 11,585 1,759,297
KBC Group NV 12,587 1,515,536
Lotus Bakeries NV 38 426,452
UCB SA 3,658 1,089,512
Chile - 0.1% 1,667,574
Antofagasta PLC 38,009 1,667,574
Denmark - 1.6% 19,072,032
AP Moller - Maersk A/S, Series A 110 266,799
AP Moller - Maersk A/S, Series B 113 279,738
Carlsberg A/S, Class B 8,625 1,068,184
Coloplast A/S, B Shares 22,059 1,484,341
Danske Bank A/S 32,956 1,586,974
DSV A/S 9,220 2,176,553
Genmab A/S (B) 6,690 1,767,041
Novo Nordisk A/S, B Shares 135,900 4,838,454
Novonesis A/S, B Shares 20,033 1,181,519
Orsted A/S (B)(C) 30,150 725,229
Tryg A/S 30,664 728,609
Vestas Wind Systems A/S 101,249 2,968,591
Finland - 1.3% 14,639,123
Fortum OYJ 7,009 176,698
Kesko OYJ, A Shares 14,867 325,465
Kesko OYJ, B Shares 30,299 666,092
Kone OYJ, Class B 16,970 1,071,104
Metso Corp. 88,104 1,496,308
Neste OYJ 21,686 698,376
Nokia OYJ 213,682 1,673,205
Nordea Bank ABP 192,655 3,257,513
Orion OYJ, Class B 10,435 838,017
Sampo OYJ, A Shares 79,108 838,746
Stora Enso OYJ, R Shares 106,282 1,232,541
UPM-Kymmene OYJ 48,225 1,489,138
Wartsila OYJ ABP 23,974 875,920
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 2
Table of Contents
MULTIFACTOR DEVELOPED INTERNATIONAL ETF (continued)
  Shares or
Principal
Amount 		Value
France - 11.5% $133,489,668
Air Liquide SA 12,289 2,519,238
Airbus SE 23,578 4,368,927
AXA SA 87,901 3,974,208
BNP Paribas SA 48,232 4,500,849
Cie de Saint-Gobain SA 101,403 8,185,567
Credit Agricole SA 166,950 3,064,291
Danone SA 88,208 7,016,759
Dassault Systemes SE (A) 33,807 672,708
Engie SA 413,520 13,202,642
EssilorLuxottica SA 10,782 2,464,727
Hermes International SCA 1,227 2,274,722
Kering SA 8,864 2,620,681
Legrand SA 31,783 4,822,902
L’Oreal SA 8,751 3,522,461
LVMH Moet Hennessy Louis Vuitton SE 10,457 5,579,685
Orange SA 467,729 9,525,363
Safran SA 15,187 4,889,069
Sanofi 36,760 3,503,595
Schneider Electric SE 11,734 3,097,412
Societe Generale SA 83,064 5,910,823
Thales SA 13,104 3,806,313
TotalEnergies SE 81,873 7,632,569
Veolia Environnement SA 127,458 4,796,352
Vinci SA 145,639 21,537,805
Germany - 9.8% 114,018,789
Allianz SE 15,878 6,573,260
BASF SE 225,529 13,616,375
Bayer AG 223,419 10,138,618
Bayerische Motoren Werke AG 28,632 2,573,203
Commerzbank AG 96,254 3,414,729
Daimler Truck Holding AG 75,916 3,627,398
Deutsche Bank AG 92,278 2,670,295
Deutsche Boerse AG 15,693 4,540,258
Deutsche Telekom AG 263,062 9,684,045
DHL Group 102,418 5,280,769
E.ON SE 320,091 6,992,615
Hannover Rueck SE 9,560 2,949,825
Heidelberg Materials AG 29,310 6,023,054
Henkel AG & Company KGaA 11,580 824,565
HOCHTIEF AG 1,393 614,400
Infineon Technologies AG 70,472 3,085,517
Mercedes-Benz Group AG 40,226 2,428,192
Merck KGaA 8,671 1,075,002
Muenchener Rueckversicherungs-Gesellschaft AG 11,228 6,978,164
Rheinmetall AG 1,986 3,305,404
RWE AG 67,002 4,452,878
SAP SE 19,731 3,339,633
Siemens AG 15,829 3,751,592
Siemens Energy AG 32,987 5,406,583
MULTIFACTOR DEVELOPED INTERNATIONAL ETF (continued)
  Shares or
Principal
Amount 		Value
Germany (continued)  
Siemens Healthineers AG (C) 8,248 $344,971
Volkswagen AG 3,213 327,444
Hong Kong - 2.4% 28,130,140
AIA Group, Ltd. 460,924 4,988,317
BOC Hong Kong Holdings, Ltd. 159,795 872,328
Budweiser Brewing Company APAC, Ltd. (A)(C) 129,000 118,466
CK Asset Holdings, Ltd. 229,969 1,304,102
CK Hutchison Holdings, Ltd. 133,773 1,016,922
CK Infrastructure Holdings, Ltd. 66,929 533,967
CLP Holdings, Ltd. 132,071 1,238,134
Galaxy Entertainment Group, Ltd. 183,641 819,805
Henderson Land Development Company, Ltd. (A) 163,398 602,723
HKT Trust & HKT, Ltd. 495,000 771,524
Hong Kong & China Gas Company, Ltd. 1,134,065 1,026,997
Hong Kong Exchanges & Clearing, Ltd. 38,300 1,898,342
Hongkong Land Holdings, Ltd. 99,000 769,230
Link REIT 108,536 498,644
MTR Corp., Ltd. (A) 75,413 307,608
Power Assets Holdings, Ltd. 163,073 1,269,815
Prudential PLC 527,526 7,220,828
Sino Land Company, Ltd. 302,000 442,588
Sun Hung Kai Properties, Ltd. 64,662 1,065,576
Swire Pacific, Ltd., Class A 25,000 272,155
Swire Properties, Ltd. 97,800 283,663
Techtronic Industries Company, Ltd. 62,077 808,406
Ireland - 0.6% 6,700,871
AIB Group PLC 161,511 1,677,628
Bank of Ireland Group PLC 37,263 662,693
Experian PLC 74,074 2,537,761
James Hardie Industries PLC, CHESS Depositary Interest (B) 52,854 944,812
Kerry Group PLC, Class A 2,949 232,412
Kingspan Group PLC 7,771 645,565
Israel - 0.7% 8,031,787
Azrieli Group, Ltd. 1,119 148,385
Bank Hapoalim BM 62,622 1,454,139
Bank Leumi Le-Israel BM 106,889 2,362,560
CyberArk Software, Ltd. (B) 477 21,465
Elbit Systems, Ltd. 393 328,216
Harel Insurance Investments & Financial Services, Ltd. 5,536 305,247
Israel Discount Bank, Ltd., Class A 50,860 507,070
Mizrahi Tefahot Bank, Ltd. 11,252 811,783
Next Vision Stabilized Systems, Ltd. 517 49,940
Nice, Ltd. (B) 1,090 119,753
Nova, Ltd. (B) 165 70,886
Teva Pharmaceutical Industries, Ltd. (B) 47,813 1,399,032
The Phoenix Holdings, Ltd. 5,916 311,023
3 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
MULTIFACTOR DEVELOPED INTERNATIONAL ETF (continued)
  Shares or
Principal
Amount 		Value
Israel (continued)  
Tower Semiconductor, Ltd. (B) 834 $142,288
Italy - 3.1% 36,544,056
Banca Mediolanum SpA (A) 13,676 272,289
Banca Monte dei Paschi di Siena SpA (A) 267,848 2,292,079
Banco BPM SpA (A) 172,228 2,353,511
BPER Banca SpA (A) 214,990 2,758,267
Enel SpA 316,679 3,420,727
Eni SpA 93,930 2,689,419
Ferrari NV (A) 5,452 1,815,438
Generali 22,508 894,972
Intesa Sanpaolo SpA 766,691 4,559,131
Leonardo SpA 6,862 458,887
Moncler SpA 28,174 1,668,551
Poste Italiane SpA (A)(C) 43,587 1,011,450
PRADA SpA 55,200 259,940
Prysmian SpA 13,639 1,552,313
Snam SpA 121,538 917,796
Terna - Rete Elettrica Nazionale 161,958 1,840,701
UniCredit SpA 94,988 6,660,832
Unipol Assicurazioni SpA 48,884 1,117,753
Japan - 23.7% 275,831,145
Advantest Corp. 31,400 4,012,584
Aeon Company, Ltd. 92,100 1,090,970
AGC, Inc. 33,600 1,161,184
Aisin Corp. 120,900 1,647,566
Ajinomoto Company, Inc. 40,600 1,122,121
ANA Holdings, Inc. 42,700 752,598
Asahi Group Holdings, Ltd. 119,500 1,190,568
Asahi Kasei Corp. 315,600 2,993,528
Asics Corp. 82,800 2,163,032
Astellas Pharma, Inc. 92,400 1,463,044
Bandai Namco Holdings, Inc. 26,703 649,070
Bridgestone Corp. 90,100 1,850,253
Canon, Inc. 18,400 503,921
Capcom Company, Ltd. 38,400 808,116
Central Japan Railway Company 57,720 1,481,730
Chubu Electric Power Company, Inc. 83,800 1,360,058
Chugai Pharmaceutical Company, Ltd. 21,900 1,185,372
Dai Nippon Printing Company, Ltd. 60,748 1,079,672
Daifuku Company, Ltd. 40,300 1,373,478
Dai-ichi Life Holdings, Inc. 275,200 2,458,100
Daiichi Sankyo Company, Ltd. 31,400 545,932
Daikin Industries, Ltd. 18,847 2,213,566
Daito Trust Construction Company, Ltd. (A) 32,530 752,061
Daiwa House Industry Company, Ltd. 48,500 1,499,296
Daiwa Securities Group, Inc. 160,600 1,473,858
Denso Corp. 69,200 847,112
Disco Corp. 4,394 1,691,423
East Japan Railway Company 85,400 1,945,911
Ebara Corp. 48,500 1,296,870
MULTIFACTOR DEVELOPED INTERNATIONAL ETF (continued)
  Shares or
Principal
Amount 		Value
Japan (continued)  
Eisai Company, Ltd. 4,672 $143,047
ENEOS Holdings, Inc. 127,900 1,133,968
FANUC Corp. 16,350 544,897
Fast Retailing Company, Ltd. 6,757 2,617,600
Fuji Electric Company, Ltd. 22,993 1,529,109
FUJIFILM Holdings Corp. 49,300 919,281
Fujikura, Ltd. 77,400 1,989,855
Fujitsu, Ltd. 57,400 1,144,464
Furukawa Electric Company, Ltd. 4,900 886,583
Hankyu Hanshin Holdings, Inc. (A) 33,400 955,665
Hikari Tsushin, Inc. 2,641 659,710
Hitachi Construction Machinery Company, Ltd. (A) 23,500 778,606
Hitachi, Ltd. 197,600 5,544,575
Honda Motor Company, Ltd. 172,562 1,363,987
Hoya Corp. 15,900 2,653,498
Hulic Company, Ltd. 114,000 1,310,975
Ibiden Company, Ltd. 20,200 936,039
Idemitsu Kosan Company, Ltd. 138,795 1,344,852
IHI Corp. 49,000 966,510
Inpex Corp. 95,600 2,811,093
Isuzu Motors, Ltd. 149,200 2,082,929
ITOCHU Corp. 138,500 1,718,953
Japan Airlines Company, Ltd. 38,200 614,576
Japan Exchange Group, Inc. 118,200 1,342,186
Japan Post Bank Company, Ltd. 58,800 930,473
Japan Post Holdings Company, Ltd. 66,900 752,304
Japan Post Insurance Company, Ltd. 62,700 620,734
Japan Tobacco, Inc. 21,300 805,997
JFE Holdings, Inc. (A) 100,200 1,143,460
JX Advanced Metals Corp. 22,800 474,660
Kajima Corp. 32,700 1,214,149
Kao Corp. 39,600 1,537,801
Kawasaki Heavy Industries, Ltd. 80,500 1,465,890
Kawasaki Kisen Kaisha, Ltd. (A) 40,200 666,841
KDDI Corp. 129,200 2,211,806
Keyence Corp. 3,670 1,265,549
Kikkoman Corp. (A) 23,000 207,461
Kinden Corp. 3,700 162,150
Kioxia Holdings Corp. (B) 6,100 731,586
Kirin Holdings Company, Ltd. 89,600 1,422,088
Kobe Bussan Company, Ltd. 15,400 334,349
Komatsu, Ltd. 79,100 2,989,681
Konami Group Corp. 4,900 595,521
Kubota Corp. 103,000 1,590,741
Kyocera Corp. 65,500 979,062
Kyowa Kirin Company, Ltd. 20,500 332,196
Lasertec Corp. 6,500 1,362,594
LY Corp. (A) 94,400 227,085
M3, Inc. (A) 21,100 212,936
Makita Corp. 30,000 957,383
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 4
Table of Contents
MULTIFACTOR DEVELOPED INTERNATIONAL ETF (continued)
  Shares or
Principal
Amount 		Value
Japan (continued)  
Marubeni Corp. 31,900 $1,126,496
MatsukiyoCocokara & Company 28,000 444,579
MEIJI Holdings Company, Ltd. 35,200 853,836
MINEBEA MITSUMI, Inc. (A) 85,200 1,357,609
Mitsubishi Chemical Group Corp. 233,800 1,321,178
Mitsubishi Corp. 149,000 4,979,779
Mitsubishi Electric Corp. 39,800 1,247,862
Mitsubishi Estate Company, Ltd. 21,500 583,956
Mitsubishi HC Capital, Inc. 218,900 1,927,707
Mitsubishi Heavy Industries, Ltd. 62,700 1,664,354
Mitsubishi UFJ Financial Group, Inc. 421,770 6,892,966
Mitsui & Company, Ltd. 115,300 4,318,767
Mitsui Fudosan Company, Ltd. 94,600 984,413
Mitsui Kinzoku Company, Ltd. 4,700 828,386
Mitsui O.S.K. Lines, Ltd. (A) 37,300 1,523,042
Mizuho Financial Group, Inc. 90,100 3,447,349
MonotaRO Company, Ltd. 26,100 279,719
MS&AD Insurance Group Holdings, Inc. 112,900 2,861,354
Murata Manufacturing Company, Ltd. 55,400 1,187,118
NEC Corp. 40,715 984,285
Nexon Company, Ltd. 19,500 359,014
Nidec Corp. (B) 87,300 1,078,835
Nintendo Company, Ltd. 22,770 1,255,935
Nippon Building Fund, Inc. 292 243,379
Nippon Paint Holdings Company, Ltd. 72,200 443,030
Nippon Sanso Holdings Corp. 40,400 1,405,074
Nippon Steel Corp. (A) 216,700 784,446
Nippon Yusen KK (A) 50,900 1,845,441
Nissan Motor Company, Ltd. (B) 266,900 558,663
Nissin Foods Holdings Company, Ltd. (A) 11,748 221,904
Niterra Company, Ltd. 31,700 1,440,040
Nitori Holdings Company, Ltd. (A) 29,505 466,898
Nitto Denko Corp. 159,670 3,075,171
Nomura Holdings, Inc. 145,200 1,098,880
Nomura Research Institute, Ltd. 20,700 563,658
NTT, Inc. 2,284,250 2,257,113
Obayashi Corp. 92,200 2,176,775
Obic Company, Ltd. 22,900 554,471
Olympus Corp. 74,200 694,240
Omron Corp. 6,800 189,437
Ono Pharmaceutical Company, Ltd. (A) 12,665 199,858
Oracle Corp. Japan 3,800 205,586
Oriental Land Company, Ltd. (A) 30,700 521,026
ORIX Corp. 81,900 2,371,697
Osaka Gas Company, Ltd. 61,000 2,446,672
Otsuka Corp. 24,800 470,933
Otsuka Holdings Company, Ltd. 33,000 2,283,802
Pan Pacific International Holdings Corp. 183,600 1,117,365
Panasonic Holdings Corp. 104,404 1,696,754
Rakuten Bank, Ltd. (B) 6,400 226,890
Rakuten Group, Inc. (B) 117,100 532,246
MULTIFACTOR DEVELOPED INTERNATIONAL ETF (continued)
  Shares or
Principal
Amount 		Value
Japan (continued)  
Recruit Holdings Company, Ltd. 40,700 $1,669,547
Renesas Electronics Corp. 38,900 526,075
Resona Holdings, Inc. 115,900 1,254,873
Resonac Holdings Corp. 12,300 757,839
Ryohin Keikaku Company, Ltd. 53,600 1,123,279
Sanrio Company, Ltd. (A) 99,500 612,423
SBI Holdings, Inc. 140,100 2,508,925
SCREEN Holdings Company, Ltd. (A) 17,800 1,000,264
Secom Company, Ltd. 36,322 1,378,085
Seibu Holdings, Inc. (A) 14,000 384,650
Sekisui Chemical Company, Ltd. (A) 84,600 1,386,070
Sekisui House, Ltd. 69,700 1,542,171
Seven & i Holdings Company, Ltd. 194,900 2,601,484
SG Holdings Company, Ltd. (A) 31,600 293,674
Shimadzu Corp. 21,600 500,864
Shimano, Inc. 3,486 360,016
Shimizu Corp. 30,800 536,759
Shin-Etsu Chemical Company, Ltd. 63,990 2,517,527
Shionogi & Company, Ltd. 93,313 2,034,715
Shiseido Company, Ltd. 8,077 161,956
Shizuoka Financial Group, Inc. (A) 40,100 645,900
SMC Corp. 1,145 430,895
SoftBank Corp. 948,300 1,258,320
SoftBank Group Corp. 260,144 5,813,137
Sompo Holdings, Inc. 43,700 1,651,420
Sony Financial Group, Inc. (A) 205,400 184,885
Sony Group Corp. 219,200 4,421,477
Subaru Corp. 102,100 1,593,848
Sumitomo Corp. 49,700 1,805,682
Sumitomo Electric Industries, Ltd. 35,900 1,891,018
Sumitomo Forestry Company, Ltd. 69,700 615,116
Sumitomo Metal Mining Company, Ltd. 42,900 2,387,828
Sumitomo Mitsui Financial Group, Inc. 161,300 5,075,541
Sumitomo Mitsui Trust Group, Inc. 55,250 1,702,404
Sumitomo Realty & Development Company, Ltd. 31,500 869,621
Suntory Beverage & Food, Ltd. 13,700 386,397
Suzuki Motor Corp. 164,300 1,936,920
T&D Holdings, Inc. 65,900 1,638,698
Taisei Corp. 15,361 1,550,197
Takeda Pharmaceutical Company, Ltd. 67,947 2,419,082
TDK Corp. 160,600 1,984,660
Terumo Corp. 26,300 348,485
The Chiba Bank, Ltd. (A) 91,500 1,147,992
The Kansai Electric Power Company, Inc. 232,900 3,783,582
Toho Company, Ltd. 34,000 356,264
Tokio Marine Holdings, Inc. 84,300 3,872,427
Tokyo Century Corp. 36,100 457,235
Tokyo Electron, Ltd. 15,871 3,714,107
Tokyo Gas Company, Ltd. 92,100 4,293,832
Tokyu Corp. 55,600 650,571
5 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
MULTIFACTOR DEVELOPED INTERNATIONAL ETF (continued)
  Shares or
Principal
Amount 		Value
Japan (continued)  
TOPPAN Holdings, Inc. 31,200 $805,054
Toray Industries, Inc. 225,700 1,561,273
Toyo Suisan Kaisha, Ltd. 2,600 179,772
Toyota Motor Corp. 400,940 7,968,900
Toyota Tsusho Corp. 33,600 1,256,647
Unicharm Corp. 54,200 317,010
West Japan Railway Company 101,662 1,998,861
Yamaha Motor Company, Ltd. 165,900 1,173,678
Yaskawa Electric Corp. 20,500 518,009
Yokogawa Electric Corp. 19,300 575,518
Yokohama Financial Group, Inc. 129,600 1,119,306
Zensho Holdings Company, Ltd. 10,000 576,906
ZOZO, Inc. (A) 49,100 341,037
Luxembourg - 0.4% 4,253,298
ArcelorMittal SA 67,240 3,396,457
Tenaris SA 29,163 856,841
Macau - 0.0% 174,991
Sands China, Ltd. 83,200 174,991
Mexico - 0.1% 834,493
Fresnillo PLC 19,153 834,493
Netherlands - 4.2% 49,406,817
ABN AMRO Bank NV 85,126 2,659,007
Adyen NV (B)(C) 810 793,850
Argenx SE (B) 801 572,944
ASM International NV (A) 6,033 4,427,928
ASML Holding NV 14,939 19,264,469
Ferrovial SE 57,111 3,646,818
Heineken NV (A) 9,959 760,776
ING Groep NV 148,084 3,771,607
Koninklijke Ahold Delhaize NV 117,789 5,468,016
Koninklijke Philips NV 91,587 2,462,989
Prosus NV (B) 53,167 2,387,876
Stellantis NV (A) 264,906 1,849,356
Universal Music Group NV 69,974 1,341,181
New Zealand - 0.2% 1,929,741
Auckland International Airport, Ltd. 56,711 257,836
Contact Energy, Ltd. 227 1,198
Fisher & Paykel Healthcare Corp., Ltd. 18,498 394,546
Fonterra Co-operative Group, Ltd. 4,555 21,307
Infratil, Ltd. (A) 34,803 231,292
Meridian Energy, Ltd. 42,852 135,180
Xero, Ltd. (B) 17,267 888,382
Norway - 0.6% 7,105,763
Aker BP ASA 31,534 1,168,975
DNB Bank ASA 30,215 934,278
Equinor ASA 51,744 2,233,168
Gjensidige Forsikring ASA 5,228 135,249
Kongsberg Gruppen ASA 13,518 572,794
MULTIFACTOR DEVELOPED INTERNATIONAL ETF (continued)
  Shares or
Principal
Amount 		Value
Norway (continued)  
Mowi ASA 8,500 $191,624
Norsk Hydro ASA 54,093 569,198
Orkla ASA 13,131 164,054
Salmar ASA 1,214 70,415
Telenor ASA 27,273 476,811
Var Energi ASA 22,633 117,429
Yara International ASA 8,148 471,768
Portugal - 0.2% 2,236,429
Banco Comercial Portugues SA 658,051 630,828
EDP SA 161,535 842,196
Galp Energia SGPS SA 18,223 441,137
Jeronimo Martins SGPS SA 13,604 322,268
Singapore - 2.0% 23,137,344
CapitaLand Ascendas REIT 143,792 275,291
CapitaLand Integrated Commercial Trust 263,040 466,893
CapitaLand Investment, Ltd. 247,900 522,643
DBS Group Holdings, Ltd. 130,913 5,773,708
Grab Holdings, Ltd., Class A (B) 143,375 524,753
Jardine Cycle & Carriage, Ltd. 5,000 134,132
Keppel, Ltd. 204,800 1,868,384
Oversea-Chinese Banking Corp., Ltd. 189,368 3,224,753
Sea, Ltd., ADR (B) 13,456 1,114,291
Sembcorp Industries, Ltd. (A) 66,400 341,225
Singapore Airlines, Ltd. (A) 560,900 2,869,387
Singapore Exchange, Ltd. 125,400 1,897,305
Singapore Technologies Engineering, Ltd. 64,400 539,599
Singapore Telecommunications, Ltd. 233,800 895,223
United Overseas Bank, Ltd. 70,324 1,997,733
Wilmar International, Ltd. 231,900 692,024
Spain - 3.6% 41,748,635
ACS Actividades de Construccion y Servicios SA 16,030 1,935,631
Aena SME SA (C) 77,685 2,284,261
Amadeus IT Group SA 50,339 2,823,469
Banco Bilbao Vizcaya Argentaria SA (A) 556,938 11,711,096
Banco Santander SA 652,109 7,130,405
CaixaBank SA (A) 479,773 5,619,155
Cellnex Telecom SA (B)(C) 40,825 1,304,379
EDP Renovaveis SA (A) 8,393 132,388
Endesa SA 35,530 1,477,031
Iberdrola SA 129,568 2,947,696
Industria de Diseno Textil SA 59,218 3,359,693
Naturgy Energy Group SA (A) 34,295 1,023,431
Sweden - 3.2% 37,350,065
AAK AB (A) 10,718 272,725
AddTech AB, B Shares 28,521 950,875
Alfa Laval AB 9,960 530,921
Assa Abloy AB, B Shares 18,556 655,267
Atlas Copco AB, A Shares 136,064 2,330,281
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 6
Table of Contents
MULTIFACTOR DEVELOPED INTERNATIONAL ETF (continued)
  Shares or
Principal
Amount 		Value
Sweden (continued)  
Atlas Copco AB, B Shares 73,757 $1,121,501
Beijer Ref AB (A) 23,219 313,933
Boliden AB (A)(B) 14,918 760,601
Castellum AB (A) 41,670 476,135
Epiroc AB, A Shares 31,316 753,129
Epiroc AB, B Shares 18,306 384,712
EQT AB (A) 7,869 236,659
Essity AB, B Shares (A) 115,020 2,932,776
Evolution AB (A)(C) 5,710 350,767
Fastighets AB Balder, B Shares (B) 74,035 428,531
Getinge AB, B Shares 14,595 288,874
Hennes & Mauritz AB, B Shares (A) 24,300 446,781
Hexagon AB, B Shares (A) 70,825 669,422
Holmen AB, B Shares (A) 9,914 350,717
Indutrade AB (A) 21,436 482,444
Lifco AB, B Shares 9,785 289,454
Nibe Industrier AB, B Shares 28,189 114,191
Saab AB, B Shares (A) 5,837 378,298
Sagax AB, B Shares 23,151 422,860
Sandvik AB 20,482 768,431
Securitas AB, B Shares 50,429 835,344
Skandinaviska Enskilda Banken AB, A Shares (A) 62,853 1,136,814
Skandinaviska Enskilda Banken AB, C Shares 454 8,474
Skanska AB, B Shares (A) 60,317 1,599,378
SKF AB, B Shares (A) 64,774 1,524,454
Svenska Cellulosa AB SCA, B Shares (A) 63,003 719,562
Svenska Handelsbanken AB, A Shares (A) 70,141 906,007
Svenska Handelsbanken AB, B Shares (A) 2,946 64,757
Swedbank AB, A Shares (A) 48,187 1,613,104
Swedish Orphan Biovitrum AB (B) 23,674 974,669
Tele2 AB, B Shares 65,210 1,332,095
Telefonaktiebolaget LM Ericsson, B Shares (A) 235,557 2,628,496
Telia Company AB 462,767 2,343,407
Trelleborg AB, B Shares 29,896 1,094,631
Volvo AB, A Shares 21,388 683,877
Volvo AB, B Shares (A) 96,225 3,085,867
Volvo Car AB, B Shares (A)(B) 40,437 88,844
Switzerland - 8.3% 97,137,365
ABB, Ltd. 32,644 2,569,108
Alcon, Inc. 59,207 4,366,383
Amrize, Ltd. (B) 40,072 2,171,284
Chocoladefabriken Lindt & Spruengli AG 14 1,989,671
Cie Financiere Richemont SA, A Shares 18,568 3,201,539
Coca-Cola HBC AG (B) 23,188 1,298,342
Galderma Group AG 18,945 3,616,655
Givaudan SA 560 1,870,500
Glencore PLC (B) 491,867 3,667,972
Holcim, Ltd. (B) 67,259 5,433,955
Lonza Group AG 8,076 5,073,443
MULTIFACTOR DEVELOPED INTERNATIONAL ETF (continued)
  Shares or
Principal
Amount 		Value
Switzerland (continued)  
Nestle SA 86,689 $8,460,147
Novartis AG 70,158 10,552,294
Partners Group Holding AG (A) 3,033 3,193,982
Roche Holding AG, Bearer Shares 1,669 679,605
Roche Holding AG, Participation Certificates 22,899 8,968,098
Sandoz Group AG 45,125 3,467,136
Schindler Holding AG 2,058 637,723
Schindler Holding AG, Participation Certificates 4,262 1,381,152
Sika AG 12,141 1,962,685
Swiss Life Holding AG 2,988 3,215,758
Swiss Re AG (A) 29,345 4,827,838
Swisscom AG 6,142 5,098,269
UBS Group AG 124,519 4,761,955
Zurich Insurance Group AG 6,687 4,671,871
United Arab Emirates - 0.0% 0
NMC Health PLC (B)(D) 5,181 0
United Kingdom - 12.9% 149,790,861
3i Group PLC 50,708 1,630,257
Airtel Africa PLC (C) 90,886 413,008
Anglo American PLC 24,506 1,027,327
Associated British Foods PLC 39,218 970,465
AstraZeneca PLC 50,486 9,779,993
Aviva PLC 324,235 2,567,121
BAE Systems PLC 88,051 2,554,481
Barclays PLC 697,425 3,581,748
BP PLC 1,311,140 10,482,923
British American Tobacco PLC 93,932 5,414,273
BT Group PLC 2,132,497 5,919,517
Centrica PLC 360,969 1,011,520
Coca-Cola Europacific Partners PLC 22,620 2,061,564
Compass Group PLC 55,666 1,530,530
Diageo PLC 97,512 1,795,103
Endeavour Mining PLC 16,357 962,020
GSK PLC 137,687 3,747,558
Haleon PLC 963,220 4,747,998
Halma PLC 30,811 1,544,769
HSBC Holdings PLC 694,984 11,195,657
Imperial Brands PLC 108,815 4,386,620
Informa PLC 184,545 1,818,868
InterContinental Hotels Group PLC 8,795 1,146,868
Legal & General Group PLC 722,692 2,347,272
Lloyds Banking Group PLC 2,972,335 3,619,373
London Stock Exchange Group PLC 9,794 1,144,816
National Grid PLC 216,111 3,617,890
NatWest Group PLC 392,772 2,865,289
Next PLC 20,429 3,414,608
Reckitt Benckiser Group PLC 72,543 4,867,303
RELX PLC 77,262 2,522,681
Rentokil Initial PLC 199,416 1,228,069
Rio Tinto PLC 46,279 4,237,790
7 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
MULTIFACTOR DEVELOPED INTERNATIONAL ETF (continued)
  Shares or
Principal
Amount 		Value
United Kingdom (continued)  
Rolls-Royce Holdings PLC 270,919 $4,044,191
Segro PLC 59,121 501,925
Severn Trent PLC 22,334 910,062
Shell PLC 211,829 10,008,707
Smith & Nephew PLC 42,516 664,380
SSE PLC 93,932 3,214,376
Standard Chartered PLC 329,513 6,756,919
Tesco PLC 868,869 5,420,671
Unilever PLC 83,715 4,635,482
Vodafone Group PLC 2,328,426 3,478,869
United States - 0.0% 425,660
Carnival PLC 17,124 425,660
PREFERRED SECURITIES - 0.6% $6,847,535
(Cost $7,655,516)    
Germany - 0.6% 6,847,535
Bayerische Motoren Werke AG 5,619 504,017
Dr. Ing. h.c. F. Porsche AG 2,505 111,785
Henkel AG & Company KGaA 21,570 1,647,751
Volkswagen AG 46,047 4,583,982
RIGHTS - 0.0% $374
(Cost $0)    
CapitaLand Ascendas REIT (Expiration Date: 4-15-26) (B)(E) 4,026 374
SHORT-TERM INVESTMENTS - 1.8% $20,462,982
(Cost $20,462,129)    
Short-term funds - 1.8% 20,462,982
John Hancock Collateral Trust, 3.6657% (F)(G) 1,704,424 17,047,138
State Street Institutional U.S. Government Money Market Fund, Premier Class, 3.5918% (F) 3,415,844 3,415,844
Total investments (Multifactor Developed International ETF) (Cost $1,016,736,882) - 100.8% $1,173,436,624
Other assets and liabilities, net - (0.8%) (8,750,461)
Total net assets - 100.0% $1,164,686,163
    
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund.
Security Abbreviations and Legend
ADR American Depositary Receipt
(A) All or a portion of this security is on loan as of 3-31-26.
(B) Non-income producing security.
(C) This security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration.
(D) Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. Refer to Note 2 to the financial statements.
(E) Strike price and/or expiration date not available.
(F) The rate shown is the annualized seven-day yield as of 3-31-26.
(G) Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.
The fund had the following sector composition as a percentage of net assets on 3-31-26:
Financials 24.4%
Industrials 18.5%
Health care 9.2%
Consumer discretionary 8.2%
Materials 8.2%
Consumer staples 7.6%
Utilities 6.3%
Information technology 5.6%
Communication services 5.3%
Energy 4.3%
Real estate 1.4%
Short-term investments and other 1.0%
TOTAL 100.0%
MULTIFACTOR EMERGING MARKETS ETF
As of 3-31-26
  Shares or
Principal
Amount 		Value
COMMON STOCKS - 98.0% $736,229,575
(Cost $553,269,548)    
Australia - 0.0% 313,104
MMG, Ltd. (A) 340,000 313,104
Brazil - 4.3% 32,361,152
Ambev SA 259,000 756,375
Axia Energia 87,237 978,293
B3 SA - Brasil Bolsa Balcao 357,100 1,258,273
Banco Bradesco SA 151,305 484,169
Banco BTG Pactual SA 63,348 682,860
Banco do Brasil SA 182,800 805,140
BB Seguridade Participacoes SA 98,600 657,277
Caixa Seguridade Participacoes S/A 39,700 139,506
Cia de Saneamento Basico do Estado de Sao Paulo 42,658 1,292,659
Cia Paranaense de Energia 196,700 581,216
CPFL Energia SA 28,600 267,053
Embraer SA 38,700 570,278
Eneva SA (A) 72,500 340,706
Engie Brasil Energia SA 55,935 351,659
Equatorial SA 108,203 844,787
Localiza Rent a Car SA 72,911 655,954
Neoenergia SA 16,200 103,461
NU Holdings, Ltd., Class A (A) 172,603 2,480,305
Petroleo Brasileiro SA 473,400 4,887,254
Porto Seguro SA 7,200 69,643
PRIO SA (A) 76,500 969,957
Raia Drogasil SA 168,849 760,830
Rede D’Or Sao Luiz SA (B) 59,136 441,316
Suzano SA 116,065 1,153,549
Telefonica Brasil SA 123,400 974,307
TIM SA 124,800 656,270
Vale SA 449,800 7,104,531
Vibra Energia SA 113,113 684,923
WEG SA 144,200 1,408,601
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 8
Table of Contents
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
Chile - 0.5% $3,922,243
Banco de Chile 3,314,563 596,807
Banco de Credito e Inversiones SA 8,554 549,678
Banco Santander Chile 6,409,829 526,538
Cencosud SA 114,295 309,549
Empresas COPEC SA 37,816 259,205
Enel Americas SA 1,925,631 163,544
Enel Chile SA 3,765,300 288,292
Falabella SA 58,356 354,370
Latam Airlines Group SA 15,997,655 390,814
Plaza SA 114,510 483,446
China - 23.3% 174,686,742
360 Security Technology, Inc., Class A 51,600 79,922
3SBio, Inc. (A)(B) 19,500 56,310
Accelink Technologies Company, Ltd., Class A 1,700 20,745
Agricultural Bank of China, Ltd., H Shares 3,020,000 2,145,532
Aier Eye Hospital Group Company, Ltd., A Shares 79,043 108,813
Akeso, Inc. (A)(B) 30,000 498,202
Alibaba Group Holding, Ltd. 1,316,800 19,986,633
Aluminum Corp. of China, Ltd., H Shares 726,000 1,041,746
Anhui Conch Cement Company, Ltd., H Shares 173,000 467,794
Anhui Gujing Distillery Company, Ltd., A Shares 1,671 24,878
Anhui Jianghuai Automobile Group Corp., Ltd., Class A (A) 6,000 40,126
Anker Innovations Technology Company, Ltd., A Shares 1,100 17,227
ANTA Sports Products, Ltd. 186,400 1,799,760
Avary Holding Shenzhen Company, Ltd., A Shares 9,200 69,477
Baidu, Inc., Class A (A) 181,800 2,450,991
Baiyin Nonferrous Group Company, Ltd., Class A 16,200 19,042
Bank of Beijing Company, Ltd., Class A 124,900 99,621
Bank of Chengdu Company, Ltd., Class A 21,200 52,538
Bank of China, Ltd., H Shares 6,727,000 4,264,329
Bank of Communications Company, Ltd., H Shares 2,185,000 1,961,991
Bank of Hangzhou Company, Ltd., A Shares 40,700 98,683
Bank of Jiangsu Company, Ltd., Class A 116,700 184,471
Bank of Nanjing Company, Ltd., Class A 69,600 114,754
Bank of Ningbo Company, Ltd., A Shares 57,715 254,396
Bank of Shanghai Company, Ltd., A Shares 110,200 158,085
Baoshan Iron & Steel Company, Ltd., A Shares 182,000 168,875
Beijing Compass Technology Development Company, Ltd., Class A 1,300 18,306
Beijing Kingsoft Office Software, Inc., Class A 1,215 41,078
Beijing Wantai Biological Pharmacy Enterprise Company, Ltd., Class A (A) 1,960 11,278
Beijing-Shanghai High Speed Railway Company, Ltd., A Shares 199,600 146,200
Bilibili, Inc., Class Z (A)(C) 14,100 306,991
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
China (continued)  
Biwin Storage Technology Company, Ltd., Class A (A) 1,065 $32,681
Bluefocus Intelligent Communications Group Company, Ltd., Class A 8,200 17,568
BOE Technology Group Company, Ltd., A Shares 361,900 204,833
BYD Company, Ltd., H Shares 297,400 4,013,280
BYD Electronic International Company, Ltd. (C) 127,500 448,841
Cambricon Technologies Corp., Ltd., Class A (A) 934 132,903
Chaozhou Three-Circle Group Company, Ltd., Class A 6,700 51,257
Chifeng Jilong Gold Mining Company, Ltd., Class A 7,100 44,348
China CITIC Bank Corp., Ltd., H Shares 927,000 934,071
China Coal Energy Company, Ltd., H Shares 283,000 476,467
China Construction Bank Corp., H Shares 7,167,000 7,669,591
China Eastern Airlines Corp., Ltd., H Shares (A) 346,000 154,019
China Energy Engineering Corp., Ltd., H Shares 676,000 110,365
China Everbright Bank Company, Ltd., H Shares 481,000 186,505
China Galaxy Securities Company, Ltd., H Shares 394,000 397,005
China Gold International Resources Corp., Ltd. 19,600 377,990
China Hongqiao Group, Ltd. 537,000 2,380,822
China International Capital Corp., Ltd., H Shares (B) 131,600 288,203
China International Marine Containers Group Company, Ltd., H Shares 56,500 70,263
China Jushi Company, Ltd., Class A 20,800 73,195
China Life Insurance Company, Ltd., H Shares 735,000 2,306,191
China Longyuan Power Group Corp., Ltd., H Shares 587,000 533,827
China Mengniu Dairy Company, Ltd. 300,000 658,146
China Merchants Bank Company, Ltd., H Shares 319,000 2,005,092
China Merchants Energy Shipping Company, Ltd., A Shares 34,100 80,756
China Merchants Expressway Network & Technology Holdings Company, Ltd., A Shares 26,900 38,394
China Merchants Securities Company, Ltd., H Shares (B) 97,540 163,226
China Merchants Shekou Industrial Zone Holdings Company, Ltd., A Shares 44,600 54,296
China Minsheng Banking Corp., Ltd., H Shares 923,000 432,057
China Northern Rare Earth Group High-Tech Company, Ltd., Class A 21,700 149,772
China Pacific Insurance Group Company, Ltd., H Shares 468,800 1,906,245
China Petroleum & Chemical Corp., H Shares 2,450,000 1,403,089
China Railway Signal & Communication Corp., Ltd., H Shares (B) 145,000 63,991
China Rare Earth Resources And Technology Company, Ltd., Class A (A) 2,900 20,146
9 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
China (continued)  
China Reinsurance Group Corp., H Shares 496,000 $92,998
China Resources Microelectronics, Ltd., Class A 7,862 50,690
China Resources Mixc Lifestyle Services, Ltd. (B) 53,400 320,392
China Shenhua Energy Company, Ltd., H Shares 340,000 2,000,051
China Southern Airlines Company, Ltd., H Shares (A) 290,000 144,257
China Tourism Group Duty Free Corp., Ltd., H Shares (B)(C) 10,700 88,641
China Tower Corp., Ltd., H Shares (B) 827,800 1,127,638
China Tungsten and Hightech Materials Company, Ltd., Class A 9,400 64,919
China XD Electric Company, Ltd., Class A 23,200 51,080
China Zheshang Bank Company, Ltd., H Shares 214,700 67,914
Chongqing Rural Commercial Bank Company, Ltd., H Shares 60,000 51,963
CITIC Securities Company, Ltd., H Shares 134,750 408,708
CITIC, Ltd. 812,000 1,224,183
CMOC Group, Ltd., H Shares 420,000 862,478
CNGR Advanced Material Company, Ltd., Class A 3,700 26,458
CNPC Capital Company, Ltd., A Shares 48,200 71,168
Contemporary Amperex Technology Company, Ltd., A Shares 20,660 1,201,344
COSCO Shipping Energy Transportation Company, Ltd., H Shares 76,000 173,807
COSCO Shipping Holdings Company, Ltd., H Shares (C) 353,199 671,241
CSC Financial Company, Ltd., H Shares (B) 126,500 167,156
CSPC Pharmaceutical Group, Ltd. 718,000 833,372
Daqin Railway Company, Ltd., Class A 90,200 69,985
Dongfang Electric Corp., Ltd., H Shares (C) 39,000 169,128
East Money Information Company, Ltd., A Shares 57,606 157,520
ENN Energy Holdings, Ltd. 45,100 364,415
ENN Natural Gas Company, Ltd., Class A 18,700 60,040
Eoptolink Technology, Inc., Ltd., Class A 3,100 198,721
Eve Energy Company, Ltd., A Shares 13,100 118,007
Everbright Securities Company, Ltd., H Shares (B) 27,000 26,104
Fiberhome Telecommunication Technologies Company, Ltd., Class A 2,500 18,268
Focus Media Information Technology Company, Ltd., A Shares 67,700 64,190
Foshan Haitian Flavouring & Food Company, Ltd., Class A 23,464 139,258
Founder Securities Company, Ltd., A Shares 28,800 28,307
Foxconn Industrial Internet Company, Ltd., Class A 65,100 484,938
Fuyao Glass Industry Group Company, Ltd. , H Shares (B) 90,000 673,261
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
China (continued)  
Ganfeng Lithium Group Company, Ltd., H Shares (B)(C) 51,200 $475,090
GD Power Development Company, Ltd., Class A 195,000 136,620
GDS Holdings, Ltd., A Shares (A)(C) 103,900 512,066
GF Securities Company, Ltd., H Shares (C) 150,400 276,238
Giant Network Group Company, Ltd., Class A 4,500 20,545
GigaDevice Semiconductor, Inc., Class A 2,500 86,166
GoerTek, Inc., A Shares 34,700 112,315
Goldwind Science & Technology Company, Ltd., H Shares 69,200 126,040
Gotion High-tech Company, Ltd., Class A 7,900 40,825
Gree Electric Appliances, Inc. of Zhuhai, A Shares 55,600 304,391
Guangdong Haid Group Company, Ltd., A Shares 15,500 111,759
Guangdong HEC Technology Holding Company, Ltd., Class A (A) 7,300 32,018
Guangzhou Automobile Group Company, Ltd., H Shares 280,000 108,569
Guangzhou Tinci Materials Technology Company, Ltd., Class A 4,700 31,296
Guosen Securities Company, Ltd., Class A 36,700 59,553
Guotai Haitong Securities Company, Ltd., H Shares (B) 198,456 338,683
H World Group, Ltd. 186,300 929,100
Haidilao International Holding, Ltd. (B)(C) 99,000 180,191
Haier Smart Home Company, Ltd., H Shares 417,400 1,103,100
Hangzhou Chang Chuan Technology Company, Ltd., Class A 1,500 26,284
Hangzhou Tigermed Consulting Company, Ltd., H Shares (B) 3,200 16,914
Han’s Laser Technology Industry Group Company, Ltd., Class A 2,100 18,628
Hansoh Pharmaceutical Group Company, Ltd. (B) 82,000 371,082
Harbin Electric Company, Ltd., H Shares 50,000 132,650
Henan Shenhuo Coal Industry & Electricity Power Company, Ltd., Class A 18,400 82,036
Henan Shuanghui Investment & Development Company, Ltd., A Shares 21,400 87,977
Hengli Petrochemical Company, Ltd., A Shares 60,400 189,291
Hengtong Optic-electric Company, Ltd., A Shares 13,200 100,621
Hgtech Company, Ltd., Class A 2,200 32,961
Hithink RoyalFlush Information Network Company, Ltd., Class A 2,800 120,987
Horizon Robotics (A)(C) 533,400 450,385
Hua Hong Semiconductor, Ltd., H Shares (A)(B)(C) 51,000 505,108
Huadian Power International Corp., Ltd., H Shares 74,000 38,037
Huadong Medicine Company, Ltd., Class A 3,400 17,383
Huafon Chemical Company, Ltd., Class A 21,000 31,189
Huaneng Power International, Inc., H Shares 626,000 471,085
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 10
Table of Contents
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
China (continued)  
Huatai Securities Company, Ltd., H Shares (B)(C) 199,400 $376,663
Huaxia Bank Company, Ltd., Class A 93,509 99,083
Huayu Automotive Systems Company, Ltd., Class A 12,600 35,037
Hubei Feilihua Quartz Glass Company, Ltd., Class A 1,400 18,523
Huizhou Desay SV Automotive Company, Ltd., Class A 3,000 45,112
Hunan Gold Corp., Ltd., Class A 5,800 25,943
Hundsun Technologies, Inc., Class A 5,000 18,478
Hygon Information Technology Company, Ltd., Class A 3,670 111,701
Iflytek Company, Ltd., A Shares 13,400 89,635
Industrial & Commercial Bank of China, Ltd., H Shares 5,719,000 5,003,997
Industrial Bank Company, Ltd., A Shares 129,100 351,707
Industrial Securities Company, Ltd., Class A 38,700 32,884
Ingenic Semiconductor Company, Ltd., Class A 1,200 18,118
Inner Mongolia BaoTou Steel Union Company, Ltd., Class A 322,900 117,321
Inner Mongolia Dian Tou Energy Corp., Ltd., A Shares 21,200 92,279
Inner Mongolia Xingye Silver&Tin Mining Company, Ltd., Class A 7,300 42,501
Inner Mongolia Yili Industrial Group Company, Ltd., A Shares 47,700 181,942
Innovent Biologics, Inc. (A)(B) 80,000 866,304
J&T Global Express, Ltd. (A) 305,600 394,074
JCET Group Company, Ltd., Class A 9,700 54,410
JD Health International, Inc. (A)(B) 113,750 682,773
JD Logistics, Inc. (A)(B) 234,200 407,749
JD.com, Inc., Class A 209,200 3,020,515
Jiangsu Eastern Shenghong Company, Ltd., Class A (A) 23,100 35,612
Jiangsu Expressway Company, Ltd., H Shares 88,000 113,252
Jiangsu Hengli Hydraulic Company, Ltd., A Shares 6,100 84,769
Jiangsu Hengrui Pharmaceuticals Company, Ltd., Class A 26,451 211,433
Jiangsu Yanghe Distillery Company, Ltd., A Shares 9,190 67,500
Jiangsu Zhongtian Technology Company, Ltd., Class A 17,300 75,353
Jiangxi Copper Company, Ltd., H Shares 77,000 334,902
Jinduicheng Molybdenum Company, Ltd., A Shares 18,000 48,464
Jinko Solar Company, Ltd., Class A (A) 47,942 45,179
Kanzhun, Ltd. 8,600 57,039
Kingnet Network Company, Ltd., A Shares 4,000 10,249
Kuaishou Technology (B) 297,100 1,709,797
Kuang-Chi Technologies Company, Ltd., Class A (A) 6,600 36,668
Kunlun Tech Company, Ltd., A Shares (A) 4,200 29,791
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
China (continued)  
Kweichow Moutai Company, Ltd., A Shares 4,992 $1,047,798
Laopu Gold Company, Ltd., H Shares (C) 1,600 127,650
LB Group Company, Ltd., Class A 12,800 32,258
Lenovo Group, Ltd. 1,526,000 1,780,937
Lens Technology Company, Ltd., A Shares 36,200 146,619
Leo Group Company, Ltd., Class A 16,100 18,202
Li Auto, Inc., Class A (A)(C) 109,500 945,531
Lingyi iTech Guangdong Company, A Shares 28,700 53,302
Longfor Group Holdings, Ltd. (B)(C) 211,883 204,040
LONGi Green Energy Technology Company, Ltd., A Shares (A) 44,000 111,717
Luxshare Precision Industry Company, Ltd., A Shares 28,600 203,937
Luzhou Laojiao Company, Ltd., A Shares 13,500 204,566
Meituan, Class B (A)(B) 351,870 3,722,815
Metallurgical Corp. of China, Ltd., H Shares 198,000 41,165
Midea Group Company, Ltd., H Shares 32,900 351,652
Montage Technology Company, Ltd., Class A 3,620 65,649
Muyuan Foods Company, Ltd., A Shares 59,960 362,024
NARI Technology Company, Ltd., A Shares 41,152 154,822
National Silicon Industry Group Company, Ltd., Class A (A) 7,508 18,367
NAURA Technology Group Company, Ltd., Class A 2,995 193,794
NetEase, Inc. 195,900 4,260,217
New China Life Insurance Company, Ltd., H Shares 172,900 1,020,613
Ningbo Deye Technology Company, Ltd., Class A 3,000 57,089
Ningbo Tuopu Group Company, Ltd., Class A 6,525 53,649
Ningxia Baofeng Energy Group Company, Ltd., Class A 52,400 220,426
NIO, Inc., Class A (A) 136,770 765,125
Nongfu Spring Company, Ltd., H Shares (B) 140,800 842,623
OmniVision Integrated Circuits Group, Inc. 6,615 90,930
Orient Securities Company, Ltd., H Shares (B) 105,200 72,457
PetroChina Company, Ltd., H Shares 2,324,000 3,186,526
Pharmaron Beijing Company, Ltd., H Shares (B) 8,400 20,164
PICC Property & Casualty Company, Ltd., H Shares 984,000 1,789,730
Ping An Bank Company, Ltd., A Shares 121,000 194,071
Ping An Insurance Group Company of China, Ltd., H Shares 531,000 4,026,422
Piotech, Inc., Class A 546 29,244
Poly Developments and Holdings Group Company, Ltd., A Shares 128,200 108,006
Pop Mart International Group, Ltd. (B)(C) 69,000 1,263,794
Postal Savings Bank of China Company, Ltd., H Shares (B) 756,000 473,452
Qingdao Port International Company, Ltd., H Shares (B) 56,000 48,642
Qinghai Salt Lake Industry Company, Ltd., Class A (A) 21,200 113,546
11 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
China (continued)  
QuantumCTek Company, Ltd., Class A (A) 212 $16,354
Range Intelligent Computing Technology Group Company, Ltd., Class A 5,200 60,820
Remegen Company, Ltd., H Shares (A)(B)(C) 3,000 36,657
RoboTechnik Intelligent Technology Company, Ltd., Class A 400 22,038
Rockchip Electronics Company, Ltd., A Shares 1,900 41,869
Rongsheng Petrochemical Company, Ltd., A Shares 81,850 142,179
SAIC Motor Corp., Ltd., Class A 44,600 94,194
Sanan Optoelectronics Company, Ltd., A Shares 28,900 48,821
Sangfor Technologies, Inc., Class A 1,100 16,197
Sany Heavy Industry Company, Ltd., A Shares 65,000 180,843
Satellite Chemical Company, Ltd., Class A 35,100 140,335
SDIC Power Holdings Company, Ltd., Class A 41,800 85,679
Seres Group Company, Ltd., A Shares 6,500 85,463
SF Holding Company, Ltd., H Shares 51,400 231,032
Shaanxi Coal Industry Company, Ltd., A Shares 100,600 372,652
Shandong Gold Mining Company, Ltd., H Shares (B) 84,970 350,492
Shandong Himile Mechanical Science & Technology Company, Ltd., A Shares 3,500 40,116
Shandong Hualu Hengsheng Chemical Company, Ltd., Class A 8,900 46,637
Shandong Nanshan Aluminum Company, Ltd., Class A 50,500 44,811
Shanghai Baosight Software Company, Ltd., Class A 13,064 43,495
Shanghai Electric Group Company, Ltd., H Shares (A) 236,000 111,074
Shanghai Electric Power Company, Ltd., Class A 22,100 58,384
Shanghai Fosun Pharmaceutical Group Company, Ltd., H Shares 32,000 80,896
Shanghai Fudan Microelectronics Group Company, Ltd., H Shares 11,000 53,904
Shanghai International Airport Company, Ltd., A Shares 17,000 67,969
Shanghai Pharmaceuticals Holding Company, Ltd., H Shares 53,600 78,962
Shanghai Pudong Development Bank Company, Ltd., Class A 181,900 268,050
Shanghai Putailai New Energy Technology Group Company, Ltd. 3,900 18,054
Shanghai Rural Commercial Bank Company, Ltd., A Shares 53,300 70,288
Shanghai Stonehill Technology Company, Ltd., Class A (A) 13,100 17,105
Shanghai Zhangjiang High-Tech Park Development Company, Ltd., Class A 3,600 17,744
Shanjin International Gold Company, Ltd., Class A 15,800 67,882
Shannon Semiconductor Technology Company, Ltd., Class A 1,000 18,186
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
China (continued)  
Shanxi Xinghuacun Fen Wine Factory Company, Ltd., A Shares 7,145 $147,964
Sharetronic Data Technology Company, Ltd., Class A 1,500 45,450
Shenghe Resources Holding Company, Ltd., Class A 5,000 16,213
Shengyi Electronics Company, Ltd., Class A 2,808 34,006
Shengyi Technology Company, Ltd., Class A 13,400 105,075
Shenwan Hongyuan Group Company, Ltd., H Shares (B) 197,600 68,301
Shenzhen Envicool Technology Company, Ltd., Class A 2,100 25,641
Shenzhen Inovance Technology Company, Ltd., A Shares 15,550 150,814
Shenzhen Kinwong Electronic Company, Ltd., Class A 2,300 18,771
Shenzhen Megmeet Electrical Company, Ltd., Class A 1,200 16,884
Shenzhen Mindray Bio-Medical Electronics Company, Ltd., A Shares 7,400 176,382
Shenzhen Sunway Communication Company, Ltd., Class A 2,100 19,747
Shenzhen Transsion Holdings Company, Ltd., Class A 4,851 38,516
Shenzhou International Group Holdings, Ltd. 127,300 759,559
Sichuan Chuantou Energy Company, Ltd., Class A 16,800 36,211
Sichuan Kelun-Biotech Biopharmaceutical Company, Ltd., H Shares (A) 1,800 105,610
Sichuan Road and Bridge Group Company, Ltd., Class A 50,840 74,109
Sinoma Science & Technology Company, Ltd., A Shares 2,900 16,485
Sinomine Resource Group Company, Ltd., Class A 1,800 19,360
Sinopharm Group Company, Ltd., H Shares 116,400 299,901
Sinotruk Hong Kong, Ltd. 47,500 234,949
Smoore International Holdings, Ltd. (B)(C) 84,000 95,140
Spring Airlines Company, Ltd., A Shares 2,800 18,726
Sungrow Power Supply Company, Ltd., A Shares 15,040 328,223
Sunny Optical Technology Group Company, Ltd. 100,000 681,743
SUPCON Technology Company, Ltd., Class A 1,858 17,334
Suzhou Dongshan Precision Manufacturing Company, Ltd., Class A 3,900 58,318
Suzhou Maxwell Technologies Company, Ltd., Class A 700 23,174
Suzhou TFC Optical Communication Company, Ltd., A Shares 3,800 165,901
TBEA Company, Ltd., Class A 25,000 95,901
TCL Technology Group Corp., A Shares 154,920 95,757
Tencent Holdings, Ltd. 368,200 22,730,134
Tencent Music Entertainment Group, Class A 122,000 578,552
The People’s Insurance Company Group of China, Ltd., H Shares 869,000 598,531
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 12
Table of Contents
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
China (continued)  
Tianqi Lithium Corp., H Shares (A) 17,200 $100,784
Tianshan Aluminum Group Company, Ltd., A Shares 41,200 106,098
Tingyi Cayman Islands Holding Corp. 90,000 149,001
TongFu Microelectronics Company, Ltd., A Shares 8,000 47,862
Tongkun Group Company, Ltd., Class A 9,600 25,083
Tongling Nonferrous Metals Group Company, Ltd., A Shares 68,200 57,358
Tongwei Company, Ltd., A Shares (A) 46,500 111,198
Tsingtao Brewery Company, Ltd., H Shares 50,000 309,176
Unigroup Guoxin Microelectronics Company, Ltd., Class A 1,900 18,163
Unisplendour Corp., Ltd., Class A 8,800 31,719
Universal Scientific Industrial Shanghai Company, Ltd., Class A 4,900 23,407
Verisilicon Microelectronics Shanghai Company, Ltd., Class A (A) 1,272 37,249
Victory Giant Technology Huizhou Company, Ltd., A Shares 4,100 148,968
Vipshop Holdings, Ltd., ADR 21,507 338,090
Wanguo Gold Group, Ltd. 80,000 137,548
Wanhua Chemical Group Company, Ltd., A Shares 35,300 405,979
Wanxiang Qianchao Company, Ltd., Class A 7,500 16,752
Weichai Power Company, Ltd., H Shares 289,000 1,007,051
Wens Foodstuff Group Company, Ltd., Class A 56,700 136,411
Western Mining Company, Ltd., Class A 9,900 35,827
Western Superconducting Technologies Company, Ltd., Class A 1,630 16,731
Wolong Electric Group Company, Ltd., Class A 3,800 20,419
Wuhan Guide Infrared Company, Ltd., Class A (A) 9,500 17,451
Wuliangye Yibin Company, Ltd., A Shares 32,200 481,355
WUS Printed Circuit Kunshan Company, Ltd., A Shares 9,600 105,572
WuXi AppTec Company, Ltd., H Shares (B) 46,880 702,584
WuXi Biologics Cayman, Inc. (A)(B) 383,000 1,613,053
Wuxi Lead Intelligent Equipment Company, Ltd., Class A 3,500 24,167
XCMG Construction Machinery Company, Ltd., Class A 78,800 114,980
Xiamen Tungsten Company, Ltd., A Shares 4,200 33,815
XPeng, Inc., Class A (A) 121,900 1,017,621
Yangtze Optical Fibre & Cable Joint Stock Company, Ltd., H Shares (B)(C) 12,000 280,095
Yankuang Energy Group Company, Ltd., H Shares (C) 548,399 1,019,129
Yantai Jereh Oilfield Services Group Company, Ltd., Class A 2,300 32,228
YTO Express Group Company, Ltd., Class A 17,300 50,461
Yum China Holdings, Inc. 18,750 921,692
Yunnan Aluminium Company, Ltd., A Shares 30,900 138,661
Yunnan Baiyao Group Company, Ltd., A Shares 10,040 79,731
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
China (continued)  
Yunnan Chihong Zinc & Germanium Company, Ltd., Class A 21,600 $24,576
Yunnan Copper Company, Ltd., Class A 9,300 24,272
Yunnan Energy New Material Group Company, Ltd., Class A (A) 4,000 39,246
Yunnan Tin Company, Ltd., Class A 6,700 30,609
Yunnan Yuntianhua Company, Ltd., A Shares 18,400 88,934
Zangge Mining Company, Ltd., A Shares 4,200 48,194
Zhangzhou Pientzehuang Pharmaceutical Company, Ltd., A Shares 2,900 63,430
Zhaojin Mining Industry Company, Ltd., H Shares 86,000 348,159
Zhejiang Century Huatong Group Company, Ltd., Class A (A) 16,700 38,582
Zhejiang China Commodities City Group Company, Ltd., Class A 18,800 35,215
Zhejiang Chint Electrics Company, Ltd., Class A 9,200 43,482
Zhejiang Dahua Technology Company, Ltd., Class A 16,900 41,221
Zhejiang Huayou Cobalt Company, Ltd., A Shares 8,900 75,663
Zhejiang Jingsheng Mechanical & Electrical Company, Ltd., Class A 2,900 17,258
Zhejiang Juhua Company, Ltd., Class A 15,400 76,128
Zhejiang Leapmotor Technology Company, Ltd., H Shares (A)(B) 8,400 50,377
Zhejiang NHU Company, Ltd., A Shares 30,700 153,540
Zhejiang Sanhua Intelligent Controls Company, Ltd., Class A 17,800 109,585
Zhongji Innolight Company, Ltd., Class A 3,760 309,919
Zhongjin Gold Corp., Ltd., Class A 22,900 88,541
Zhongtai Securities Company, Ltd., A Shares 300 264
Zijin Mining Group Company, Ltd., H Shares 556,000 2,436,693
Zoomlion Heavy Industry Science and Technology Company, Ltd., H Shares (C) 158,800 175,202
ZTO Express Cayman, Inc. (C) 67,350 1,619,279
Hong Kong - 1.0% 7,568,026
Alibaba Health Information Technology, Ltd. (A)(C) 284,000 168,802
China Merchants Port Holdings Company, Ltd. 88,000 164,322
China Resources Beer Holdings Company, Ltd. 244,000 797,959
China Resources Land, Ltd. 418,000 1,526,941
China Resources Power Holdings Company, Ltd. (C) 324,000 754,190
China Taiping Insurance Holdings Company, Ltd. 119,000 310,849
Chow Tai Fook Jewellery Group, Ltd. (C) 186,400 258,671
Geely Automobile Holdings, Ltd. 779,000 2,078,605
Kingboard Laminates Holdings, Ltd. 30,500 74,459
Kunlun Energy Company, Ltd. 368,000 336,073
Orient Overseas International, Ltd. (C) 19,000 337,096
Sino Biopharmaceutical, Ltd. 791,000 594,244
Want Want China Holdings, Ltd. 282,000 165,815
13 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
India - 16.8% $126,184,692
360 ONE WAM, Ltd. 11,629 114,636
ABB India, Ltd. 4,782 301,242
Adani Energy Solutions, Ltd. (A) 33,083 325,219
Adani Enterprises, Ltd. 8,538 158,790
Adani Green Energy, Ltd. (A) 18,599 158,206
Adani Ports & Special Economic Zone, Ltd. 51,398 710,965
Adani Power, Ltd. (A) 507,724 804,554
Adani Total Gas, Ltd. 16,468 87,854
Aditya Birla Capital, Ltd. (A) 127,061 396,125
Alkem Laboratories, Ltd. 3,650 203,956
Ambuja Cements, Ltd. 59,131 250,211
APL Apollo Tubes, Ltd. 19,334 396,571
Apollo Hospitals Enterprise, Ltd. 10,334 817,089
Ashok Leyland, Ltd. 286,863 467,153
Asian Paints, Ltd. 44,526 1,017,844
Astral, Ltd. 11,342 191,208
AU Small Finance Bank, Ltd. (B) 37,646 334,056
Aurobindo Pharma, Ltd. 27,053 371,103
Avenue Supermarts, Ltd. (A)(B) 7,902 333,246
Axis Bank, Ltd. 199,375 2,456,013
Bajaj Auto, Ltd. 6,235 575,948
Bajaj Finance, Ltd. 189,025 1,598,314
Bajaj Finserv, Ltd. 26,028 448,670
Bajaj Holdings & Investment, Ltd. 3,941 363,524
Balkrishna Industries, Ltd. 8,830 193,173
Bank of Baroda 108,105 281,635
Bank of India 85,213 122,786
Bank of Maharashtra 213,063 137,678
Berger Paints India, Ltd. 37,956 165,672
Bharat Dynamics, Ltd. 3,209 36,945
Bharat Electronics, Ltd. 319,027 1,350,795
Bharat Forge, Ltd. 26,019 461,902
Bharat Heavy Electricals, Ltd. 118,702 307,553
Bharat Petroleum Corp., Ltd. 360,701 1,069,948
Bharti Airtel, Ltd. 213,752 4,032,157
Biocon, Ltd. 62,158 235,922
Blue Star, Ltd. 5,088 86,500
Bosch, Ltd. 726 220,061
Britannia Industries, Ltd. 12,652 722,914
Canara Bank 192,254 250,633
CG Power & Industrial Solutions, Ltd. 58,151 400,962
Cholamandalam Investment and Finance Company, Ltd. 59,009 840,384
Cipla, Ltd. 82,906 1,068,134
Coal India, Ltd. 338,836 1,607,929
Cochin Shipyard, Ltd. (B) 2,637 33,224
Coforge, Ltd. 22,463 263,994
Colgate-Palmolive India, Ltd. 14,815 280,372
Container Corp. of India, Ltd. 34,010 152,034
Coromandel International, Ltd. 12,178 246,131
Cummins India, Ltd. 13,517 635,015
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
India (continued)  
Dabur India, Ltd. 51,498 $222,609
Dalmia Bharat, Ltd. 2,287 43,156
Divi’s Laboratories, Ltd. 10,293 646,780
Dixon Technologies India, Ltd. 2,810 285,537
DLF, Ltd. 38,212 202,967
Dr. Reddy’s Laboratories, Ltd. 109,799 1,449,343
Eicher Motors, Ltd. 11,810 822,042
Endurance Technologies, Ltd. (B) 894 20,864
Eternal, Ltd. (A) 263,530 636,815
Federal Bank, Ltd. 181,947 499,330
Fortis Healthcare, Ltd. 28,201 238,455
FSN E-Commerce Ventures, Ltd. (A) 127,325 317,880
GAIL India, Ltd. 399,121 579,859
GE Vernova T&D India, Ltd. 11,210 433,751
GlaxoSmithKline Pharmaceuticals, Ltd. 3,214 76,937
Glenmark Pharmaceuticals, Ltd. 13,774 308,158
GMR Airports, Ltd. (A) 267,233 237,118
Godrej Consumer Products, Ltd. 33,313 349,431
Godrej Properties, Ltd. (A) 6,409 99,329
Grasim Industries, Ltd. 33,502 897,519
Gujarat Fluorochemicals, Ltd. 1,086 34,372
Havells India, Ltd. 33,677 423,942
HCL Technologies, Ltd. 103,227 1,463,916
HDFC Asset Management Company, Ltd. (B) 20,232 471,667
HDFC Bank, Ltd. 747,436 5,792,016
HDFC Life Insurance Company, Ltd. (B) 60,575 378,687
Hero MotoCorp, Ltd. 19,803 1,056,452
Hindalco Industries, Ltd. 196,682 1,841,391
Hindustan Aeronautics, Ltd. 11,627 427,820
Hindustan Copper, Ltd. 24,085 115,031
Hindustan Petroleum Corp., Ltd. 167,697 592,826
Hindustan Unilever, Ltd. 78,919 1,711,529
Hitachi Energy India, Ltd. 739 189,875
Hyundai Motor India, Ltd. 10,430 195,627
ICICI Bank, Ltd. 414,395 5,294,365
ICICI Lombard General Insurance Company, Ltd. (B) 19,900 358,184
ICICI Prudential Life Insurance Company, Ltd. (B) 22,489 121,172
IDFC First Bank, Ltd. 388,480 241,037
Indian Bank 45,436 406,223
Indian Oil Corp., Ltd. 558,300 801,114
Indian Railway Catering & Tourism Corp., Ltd. 26,233 136,975
Indus Towers, Ltd. (A) 236,277 1,035,049
IndusInd Bank, Ltd. (A) 56,191 446,690
Info Edge India, Ltd. 35,371 359,458
Infosys, Ltd. 271,420 3,570,715
InterGlobe Aviation, Ltd. (B) 11,987 499,202
ITC, Ltd. 290,565 883,807
Jindal Stainless, Ltd. 56,907 424,783
Jindal Steel, Ltd. 50,793 594,422
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 14
Table of Contents
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
India (continued)  
Jio Financial Services, Ltd. 280,021 $662,641
JK Cement, Ltd. 1,049 55,907
JSW Energy, Ltd. 40,402 201,054
JSW Steel, Ltd. 110,422 1,298,072
Kalyan Jewellers India, Ltd. 20,755 82,343
KEI Industries, Ltd. 2,494 105,717
Knowledge Realty Trust 45,472 54,433
Kotak Mahindra Bank, Ltd. 361,162 1,344,142
L&T Finance, Ltd. 77,113 196,057
Larsen & Toubro, Ltd. 41,159 1,520,972
Laurus Labs, Ltd. (B) 31,030 324,535
Linde India, Ltd. 1,851 136,607
Lloyds Metals & Energy, Ltd. 9,410 126,097
Lodha Developers, Ltd. (B) 15,121 108,248
LTIMindtree, Ltd. (B) 8,912 378,650
Lupin, Ltd. 22,434 546,843
Mahindra & Mahindra Financial Services, Ltd. 46,424 140,130
Mahindra & Mahindra, Ltd. 77,787 2,430,743
Mankind Pharma, Ltd. 5,012 106,212
Marico, Ltd. 70,252 542,173
Maruti Suzuki India, Ltd. 8,936 1,154,111
Max Financial Services, Ltd. (A) 11,933 185,659
Max Healthcare Institute, Ltd. 40,912 414,086
Motilal Oswal Financial Services, Ltd. 15,069 100,710
Mphasis, Ltd. 10,932 238,237
MRF, Ltd. 314 426,397
Multi Commodity Exchange of India, Ltd. 9,136 230,209
Muthoot Finance, Ltd. 19,561 657,885
National Aluminium Company, Ltd. 119,469 487,392
Nestle India, Ltd. 72,469 901,347
NHPC, Ltd. 253,325 195,852
Nippon Life India Asset Management, Ltd. (B) 15,979 134,606
NMDC, Ltd. 604,143 485,996
NTPC, Ltd. 471,236 1,840,503
Oberoi Realty, Ltd. 11,059 164,727
Oil & Natural Gas Corp., Ltd. 466,973 1,402,661
Oil India, Ltd. 64,062 318,119
One 97 Communications, Ltd. (A) 33,130 332,178
Oracle Financial Services Software, Ltd. 2,036 143,788
Patanjali Foods, Ltd. 13,388 64,506
PB Fintech, Ltd. (A) 17,195 258,173
Persistent Systems, Ltd. 10,575 540,743
Petronet LNG, Ltd. 148,889 389,298
PI Industries, Ltd. 5,823 166,957
Pidilite Industries, Ltd. 32,486 441,829
Polycab India, Ltd. 4,924 354,600
Power Finance Corp., Ltd. 251,839 1,007,635
Power Grid Corp. of India, Ltd. 690,717 2,154,104
Prestige Estates Projects, Ltd. 15,211 180,899
Punjab National Bank 242,012 257,197
Rail Vikas Nigam, Ltd. 26,133 68,881
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
India (continued)  
REC, Ltd. 160,377 $516,138
Reliance Industries, Ltd. 506,355 7,197,970
Samvardhana Motherson International, Ltd. 790,951 876,437
SBI Cards & Payment Services, Ltd. 20,599 138,233
SBI Life Insurance Company, Ltd. (B) 25,556 479,602
Schaeffler India, Ltd. 4,070 164,523
Shree Cement, Ltd. 918 222,607
Shriram Finance, Ltd. 133,329 1,221,976
Siemens Energy India, Ltd. 8,022 219,815
Siemens, Ltd. (A) 5,045 155,847
Solar Industries India, Ltd. 2,380 301,939
SRF, Ltd. 11,692 300,779
State Bank of India 168,726 1,744,741
Steel Authority of India, Ltd. 160,845 256,033
Sun Pharmaceutical Industries, Ltd. 57,552 1,069,140
Sundaram Finance, Ltd. 6,582 303,949
Supreme Industries, Ltd. 6,206 244,710
Suzlon Energy, Ltd. (A) 880,096 367,539
Tata Communications, Ltd. 11,924 169,717
Tata Consultancy Services, Ltd. 78,252 1,951,169
Tata Consumer Products, Ltd. 53,221 568,689
Tata Motors Passenger Vehicles, Ltd. 339,825 1,064,094
Tata Motors, Ltd. (A) 166,735 692,614
Tata Steel, Ltd. 843,874 1,704,586
Tech Mahindra, Ltd. 100,929 1,505,389
The Indian Hotels Company, Ltd. 47,651 287,166
The Phoenix Mills, Ltd. 10,641 168,284
The Tata Power Company, Ltd. 175,104 699,318
Titan Company, Ltd. 34,265 1,428,925
Torrent Pharmaceuticals, Ltd. 10,612 472,271
Torrent Power, Ltd. 13,496 185,973
Trent, Ltd. 15,852 551,326
Tube Investments of India, Ltd. 7,998 211,653
TVS Motor Company, Ltd. 23,220 822,564
UltraTech Cement, Ltd. 6,224 708,699
Union Bank of India, Ltd. 150,666 260,496
United Breweries, Ltd. 6,171 99,154
United Spirits, Ltd. 28,032 361,007
UNO Minda, Ltd. 18,322 198,889
UPL, Ltd. 78,858 472,655
Varun Beverages, Ltd. 98,971 400,689
Vedanta, Ltd. 181,481 1,260,052
Vishal Mega Mart, Ltd. (A) 166,531 185,759
Vodafone Idea, Ltd. (A) 1,178,464 106,107
Voltas, Ltd. 12,473 168,325
Wipro, Ltd. 280,276 552,581
Yes Bank, Ltd. (A) 1,853,727 337,721
Zydus Lifesciences, Ltd. 45,628 422,804
Indonesia - 1.2% 8,709,037
Alamtri Resources Indonesia Tbk PT 1,234,100 187,353
15 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
Indonesia (continued)  
Amman Mineral Internasional PT (A) 536,400 $155,291
Aneka Tambang Tbk 1,110,500 228,706
Astra International Tbk PT 2,174,700 799,781
Bank Central Asia Tbk PT 3,861,600 1,465,611
Bank Mandiri Persero Tbk PT 4,553,400 1,264,647
Bank Negara Indonesia Persero Tbk PT 2,119,400 468,913
Bank Rakyat Indonesia Persero Tbk PT 5,594,450 1,096,209
Barito Pacific Tbk PT (A) 2,381,055 191,247
Bumi Resources Minerals Tbk PT (A) 3,848,100 165,295
Bumi Resources Tbk PT (A) 6,274,400 79,748
Charoen Pokphand Indonesia Tbk PT 575,100 138,745
Indofood CBP Sukses Makmur Tbk PT 193,000 83,471
Indofood Sukses Makmur Tbk PT 623,600 233,008
Indosat Tbk PT 1,000,700 123,067
MD Entertainment Tbk PT (A) 135,600 24,496
Merdeka Battery Materials Tbk PT (A) 2,015,700 86,585
Merdeka Copper Gold Tbk PT (A) 606,900 112,134
Sumber Alfaria Trijaya Tbk PT 1,728,200 150,504
Telkom Indonesia Persero Tbk PT 6,249,600 1,125,292
United Tractors Tbk PT 289,500 528,934
Ireland - 1.1% 8,456,008
PDD Holdings, Inc., ADR (A) 82,756 8,456,008
Luxembourg - 0.0% 186,336
Zabka Group SA (A) 31,433 186,336
Malaysia - 1.8% 13,295,189
99 Speed Mart Retail Holdings BHD 93,400 78,660
AMMB Holdings BHD 260,100 423,329
Axiata Group BHD 516,295 281,801
CELCOMDIGI BHD 338,700 247,605
CIMB Group Holdings BHD 969,924 1,808,576
Gamuda BHD 303,163 279,278
Hong Leong Bank BHD 63,500 343,455
Hong Leong Financial Group BHD 39,100 183,091
IHH Healthcare BHD 171,500 380,358
IOI Corp. BHD 265,400 276,609
Kuala Lumpur Kepong BHD 53,476 283,955
Malayan Banking BHD 635,722 1,783,601
Maxis BHD 218,700 194,448
MISC BHD 132,100 275,358
Mr. DIY Group M BHD (B) 213,000 80,487
Nestle Malaysia BHD 5,900 144,433
Petronas Chemicals Group BHD 144,700 216,925
Petronas Dagangan BHD 49,900 269,157
Petronas Gas BHD 68,700 304,730
PPB Group BHD 84,600 250,729
Press Metal Aluminium Holdings BHD 344,900 681,452
Public Bank BHD 1,036,700 1,198,260
QL Resources BHD 136,100 124,369
RHB Bank BHD 184,816 385,243
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
Malaysia (continued)  
SD Guthrie BHD 305,638 $456,683
Sime Darby BHD 603,600 336,907
Sunway BHD 108,400 128,506
Telekom Malaysia BHD 166,370 291,733
Tenaga Nasional BHD 294,200 1,009,973
Westports Holdings BHD 152,755 223,719
YTL Corp. BHD 346,220 144,508
YTL Power International BHD 279,720 207,251
Mexico - 2.6% 19,812,783
America Movil SAB de CV, Series B 2,026,388 2,559,731
Arca Continental SAB de CV (C) 28,764 329,148
Cemex SAB de CV (C) 2,077,488 2,362,889
Coca-Cola Femsa SAB de CV (C) 49,100 474,984
El Puerto de Liverpool SAB de CV, Series C1 (C) 20,671 123,168
Fibra Uno Administracion SA de CV 152,100 246,847
Fomento Economico Mexicano SAB de CV 140,048 1,541,952
Grupo Aeroportuario del Pacifico SAB de CV, Series B (C) 44,048 1,077,743
Grupo Aeroportuario del Sureste SAB de CV, Series B (C) 20,059 671,987
Grupo Bimbo SAB de CV, Series A (C) 239,900 798,226
Grupo Carso SAB de CV, Series A1 (C) 58,104 433,425
Grupo Financiero Banorte SAB de CV, Series O 227,304 2,500,388
Grupo Financiero Inbursa SAB de CV, Series O 276,740 692,866
Grupo Mexico SAB de CV, Series B 270,108 2,870,183
Industrias Penoles SAB de CV (A) 20,135 891,681
Kimberly-Clark de Mexico SAB de CV, Class A (C) 156,000 366,967
Promotora y Operadora de Infraestructura SAB de CV 14,600 234,997
Wal-Mart de Mexico SAB de CV 504,940 1,635,601
Netherlands - 0.1% 514,683
NEPI Rockcastle NV (A) 64,885 514,683
Philippines - 0.6% 4,126,357
Aboitiz Equity Ventures, Inc. 343,880 168,685
Aboitiz Power Corp. 123,000 97,185
Ayala Corp. 26,130 216,567
Ayala Land, Inc. 609,200 161,852
Bank of the Philippine Islands 236,331 388,633
BDO Unibank, Inc. 283,194 525,832
Globe Telecom, Inc. 4,769 127,566
International Container Terminal Services, Inc. 84,120 952,668
Jollibee Foods Corp. 54,420 159,184
Manila Electric Company 29,860 303,515
Metropolitan Bank & Trust Company 271,712 284,012
PLDT, Inc. 12,740 271,577
SM Investments Corp. 25,255 257,747
SM Prime Holdings, Inc. 627,800 211,334
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 16
Table of Contents
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
Poland - 1.6% $12,228,192
Alior Bank SA 7,810 231,804
Allegro.eu SA (A)(B) 34,156 241,508
Bank Handlowy w Warszawie SA 3,603 106,697
Bank Millennium SA (A) 27,746 121,610
Bank Polska Kasa Opieki SA 30,277 1,766,405
Budimex SA 1,224 217,021
CD Projekt SA 3,642 231,139
Dino Polska SA (A)(B) 48,551 434,713
ING Bank Slaski SA 3,168 345,008
KGHM Polska Miedz SA (A) 14,681 1,054,986
LPP SA 156 933,142
mBank SA (A) 1,309 379,036
ORLEN SA 57,153 2,059,504
PGE Polska Grupa Energetyczna SA (A) 155,776 439,994
Powszechna Kasa Oszczednosci Bank Polski SA 68,909 1,605,514
Powszechny Zaklad Ubezpieczen SA 60,403 1,037,920
Santander Bank Polska SA 3,837 600,038
Tauron Polska Energia SA (A) 153,318 422,153
Russia - 0.0% 0
Gazprom PJSC, ADR (A)(D) 4,562 0
LUKOIL PJSC, ADR (A)(D) 472 0
MMC Norilsk Nickel PJSC, ADR (A)(D) 780 0
Novatek PJSC, GDR (A)(D) 50 0
Sberbank of Russia PJSC, ADR (A)(D) 263,203 0
Saudi Arabia - 3.0% 22,703,458
ACWA Power Company (A) 7,350 339,629
Ades Holding Company 29,827 143,627
Al Rajhi Bank 143,733 4,083,019
Alinma Bank 159,998 1,230,491
Almarai Company JSC 49,824 582,869
Arabian Internet & Communications Services Company 2,220 115,715
Bank AlBilad 59,634 430,656
Bank Al-Jazira 61,544 192,540
Banque Saudi Fransi 128,295 677,954
Bupa Arabia for Cooperative Insurance Company 2,773 130,056
Dar Al Arkan Real Estate Development Company (A) 53,320 257,890
Dr Sulaiman Al Habib Medical Services Group Company 8,623 593,771
Elm Company 2,982 425,932
Etihad Etisalat Company 72,484 1,261,314
Jarir Marketing Company 67,036 252,238
Mouwasat Medical Services Company 9,874 191,160
Nahdi Medical Company 4,285 120,011
Riyad Bank 139,206 1,093,587
Riyadh Cables Group Company 3,840 122,693
SABIC Agri-Nutrients Company 21,791 842,002
SAL Saudi Logistics Services 1,874 83,398
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
Saudi Arabia (continued)  
Saudi Arabian Mining Company (A) 71,102 $1,227,791
Saudi Aramco Base Oil Company 4,110 116,972
Saudi Awwal Bank 38,788 385,544
Saudi Basic Industries Corp. 63,644 1,022,686
Saudi Energy Company 125,123 564,497
Saudi Tadawul Group Holding Company 2,589 96,451
Saudi Telecom Company 225,482 2,553,692
The Company for Cooperative Insurance 7,917 270,046
The Saudi Investment Bank 67,919 239,452
The Saudi National Bank 246,334 2,745,213
Yanbu National Petrochemical Company 32,663 310,562
Singapore - 0.4% 2,858,356
Trip.com Group, Ltd. (A) 58,850 2,858,356
South Africa - 4.3% 31,924,548
Absa Group, Ltd. 96,148 1,354,750
Bid Corp., Ltd. (C) 35,903 854,876
Capitec Bank Holdings, Ltd. 9,608 2,313,862
Discovery, Ltd. (C) 60,891 883,262
FirstRand, Ltd. (C) 554,169 2,788,732
Gold Fields, Ltd. 87,029 3,866,543
Harmony Gold Mining Company, Ltd. 58,539 875,477
Impala Platinum Holdings, Ltd. (C) 137,164 1,914,567
Investec, Ltd. 25,493 189,974
Kumba Iron Ore, Ltd. 9,710 181,130
MTN Group, Ltd. 317,101 3,620,703
Naspers, Ltd. 61,363 3,089,964
Nedbank Group, Ltd. 74,375 1,159,064
Northam Platinum Holdings, Ltd. 19,366 384,797
OUTsurance Group, Ltd. (C) 88,426 359,541
Pepkor Holdings, Ltd. (B) 237,393 313,427
Sanlam, Ltd. (C) 177,172 920,974
Sasol, Ltd. (A) 65,600 863,693
Shoprite Holdings, Ltd. (C) 54,322 875,245
Sibanye Stillwater, Ltd. (C) 279,055 832,071
Standard Bank Group, Ltd. 155,528 2,766,204
Valterra Platinum, Ltd. 10,615 868,796
Vodacom Group, Ltd. 76,727 646,896
South Korea - 15.7% 118,317,202
Alteogen, Inc. 2,427 541,129
APR Corp. 399 87,790
Celltrion, Inc. (A) 9,346 1,203,298
DB Insurance Company, Ltd. 6,548 700,266
Doosan Company, Ltd. 368 246,511
Doosan Enerbility Company, Ltd. (A) 27,914 1,673,036
Ecopro BM Company, Ltd. 4,502 564,936
Ecopro Company, Ltd. (A) 7,747 705,583
Hana Financial Group, Inc. 39,191 2,727,621
Hanjin Kal Corp. 1,405 98,886
Hanmi Semiconductor Company, Ltd. 4,506 738,423
17 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
South Korea (continued)  
Hanwha Aerospace Company, Ltd. 2,596 $2,116,935
Hanwha Ocean Company, Ltd. (A) 7,179 563,390
Hanwha Systems Company, Ltd. 2,921 217,599
HD Hyundai Company, Ltd. 7,191 1,122,090
HD Hyundai Electric Company, Ltd. 2,357 1,280,334
HD Hyundai Heavy Industries Company, Ltd. 2,894 878,602
HD Korea Shipbuilding & Offshore Engineering Company, Ltd. 7,394 1,660,651
HMM Company, Ltd. 26,870 343,320
HYBE Company, Ltd. (A) 1,312 256,121
Hyosung Heavy Industries Corp. 472 756,852
Hyundai Autoever Corp. 653 152,842
Hyundai Engineering & Construction Company, Ltd. 12,047 1,117,670
Hyundai Glovis Company, Ltd. 8,706 1,179,444
Hyundai Mobis Company, Ltd. 6,646 1,640,184
Hyundai Motor Company 12,570 3,656,145
Hyundai Rotem Company, Ltd. 6,340 701,616
Industrial Bank of Korea 41,495 578,408
Kakao Corp. 30,916 924,462
KakaoBank Corp. 18,252 285,402
KB Financial Group, Inc. 36,002 3,335,412
Kia Corp. 46,820 4,438,523
KIWOOM Securities Company, Ltd. 763 204,493
Korea Aerospace Industries, Ltd. 5,710 614,003
Korea Electric Power Corp. 53,377 1,451,475
Korea Investment Holdings Company, Ltd. 6,550 865,978
Korea Zinc Company, Ltd. 843 782,650
Krafton, Inc. (A) 2,917 485,643
KT&G Corp. 9,487 986,081
LG Chem, Ltd. 4,875 951,670
LG Corp. 14,663 792,672
LG Electronics, Inc. 22,497 1,551,061
LG Energy Solution, Ltd. (A) 1,901 489,632
LIG Nex1 Company, Ltd. 506 201,852
LS Electric Company, Ltd. 1,595 747,697
Meritz Financial Group, Inc. (A) 8,836 642,660
Mirae Asset Securities Company, Ltd. 18,714 752,641
NAVER Corp. 13,802 1,815,756
NH Investment & Securities Company, Ltd. 9,013 174,181
POSCO Future M Company, Ltd. 2,494 331,361
POSCO Holdings, Inc. 8,170 1,773,594
Posco International Corp. 4,516 210,814
Rainbow Robotics (A) 391 133,001
Sam Chun Dang Pharm Company, Ltd. 697 377,249
Samsung Biologics Company, Ltd. (A)(B) 698 685,399
Samsung C&T Corp. 9,401 1,555,939
Samsung Electro-Mechanics Company, Ltd. 4,825 1,283,705
Samsung Electronics Company, Ltd. 247,350 27,001,547
Samsung Episholdings Company, Ltd. (A) 468 150,943
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
South Korea (continued)  
Samsung Fire & Marine Insurance Company, Ltd. 3,232 $929,518
Samsung Heavy Industries Company, Ltd. (A) 73,622 1,175,241
Samsung Life Insurance Company, Ltd. 11,428 1,570,590
Samsung SDI Company, Ltd. (A) 6,404 1,705,894
Samsung SDS Company, Ltd. 4,147 406,401
Shinhan Financial Group Company, Ltd. 46,526 2,664,010
SK Hynix, Inc. 40,887 21,542,656
SK Innovation Company, Ltd. (A) 6,482 460,022
SK Telecom Company, Ltd. 18,987 947,088
SK, Inc. 4,411 866,850
S-Oil Corp. (A) 4,907 337,353
Woori Financial Group, Inc. 105,347 2,204,401
Taiwan - 16.9% 127,186,278
Accton Technology Corp. 43,000 2,030,967
Advantech Company, Ltd. 44,981 448,122
Airtac International Group 12,743 395,802
Alchip Technologies, Ltd. 7,000 544,104
ASE Technology Holding Company, Ltd. 405,000 4,161,480
Asia Vital Components Company, Ltd. 29,000 1,805,130
ASPEED Technology, Inc. 3,000 1,004,066
Asustek Computer, Inc. 89,000 1,528,339
Bizlink Holding, Inc. 11,000 598,686
Caliway Biopharmaceuticals Company, Ltd. (A) 110,000 296,935
Cathay Financial Holding Company, Ltd. 1,003,513 2,206,661
Chang Hwa Commercial Bank, Ltd. 1,089,293 695,076
China Steel Corp. 1,349,000 797,501
Chroma ATE, Inc. 29,000 1,328,902
Chunghwa Telecom Company, Ltd. 363,000 1,510,135
CTBC Financial Holding Company, Ltd. 2,064,000 3,311,955
Delta Electronics, Inc. 86,000 3,712,230
E Ink Holdings, Inc. 72,000 307,413
E.Sun Financial Holding Company, Ltd. 1,687,939 1,676,324
Elite Material Company, Ltd. 24,000 1,951,830
Evergreen Marine Corp. Taiwan, Ltd. 203,000 1,266,766
Far EasTone Telecommunications Company, Ltd. 272,000 781,883
First Financial Holding Company, Ltd. 1,728,178 1,524,386
Formosa Chemicals & Fibre Corp. 465,000 653,793
Formosa Petrochemical Corp. 297,000 511,877
Formosa Plastics Corp. 464,000 666,175
Fortune Electric Company, Ltd. 21,080 518,923
Fubon Financial Holding Company, Ltd. 886,600 2,384,973
Global Unichip Corp. 7,000 474,038
Globalwafers Company, Ltd. 33,000 434,048
Gold Circuit Electronics, Ltd. 22,000 591,805
Hon Hai Precision Industry Company, Ltd. 1,218,800 7,148,108
Hotai Motor Company, Ltd. 31,820 481,231
Hua Nan Financial Holdings Company, Ltd. 1,667,637 1,731,797
Jentech Precision Industrial Company, Ltd. 5,000 593,525
KGI Financial Holding Company, Ltd. 2,797,771 1,684,613
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 18
Table of Contents
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
Taiwan (continued)  
King Slide Works Company, Ltd. 4,000 $397,247
King Yuan Electronics Company, Ltd. 157,000 1,281,733
Largan Precision Company, Ltd. 10,000 674,069
Lite-On Technology Corp. 355,000 1,560,135
MediaTek, Inc. 171,537 7,994,687
Mega Financial Holding Company, Ltd. 1,145,288 1,377,426
MPI Corp. 4,000 449,797
Nan Ya Plastics Corp. 656,000 1,516,372
Nanya Technology Corp. 199,000 1,235,580
Novatek Microelectronics Corp. 82,850 983,471
PharmaEssentia Corp. 26,876 504,398
Phison Electronics Corp. 12,000 563,028
Powerchip Semiconductor Manufacturing Corp. (A) 470,000 780,638
President Chain Store Corp. 133,000 933,954
Quanta Computer, Inc. 257,000 2,238,802
Realtek Semiconductor Corp. 43,000 642,915
SinoPac Financial Holdings Company, Ltd. 1,955,524 1,877,841
Taiwan Cooperative Financial Holding Company, Ltd. 1,170,691 858,702
Taiwan Mobile Company, Ltd. 339,000 1,155,802
Taiwan Semiconductor Manufacturing Company, Ltd. 529,000 29,122,284
TS Financial Holding Company, Ltd. 3,647,922 2,641,520
Unimicron Technology Corp. 176,811 2,458,320
Uni-President Enterprises Corp. 655,000 1,454,645
United Integrated Services Company, Ltd. 5,000 128,402
United Microelectronics Corp. 1,242,000 2,194,964
Vanguard International Semiconductor Corp. 145,643 528,451
Winbond Electronics Corp. 279,000 787,169
Wistron Corp. 424,000 1,624,648
Wiwynn Corp. 18,064 1,864,598
WT Microelectronics Company, Ltd. 29,000 196,841
Yageo Corp. 275,884 2,101,275
Yuanta Financial Holding Company, Ltd. 1,981,619 2,773,771
Zhen Ding Technology Holding, Ltd. 81,000 523,194
Thailand - 1.6% 12,351,832
Advanced Info Service PCL, NVDR 111,900 1,265,576
Airports of Thailand PCL, NVDR 260,700 411,049
Bangkok Bank PCL, NVDR 57,900 292,309
Bangkok Dusit Medical Services PCL, NVDR 466,300 265,811
Bumrungrad Hospital PCL, NVDR 58,900 291,107
Central Pattana PCL, NVDR 155,900 294,262
Central Retail Corp. PCL, NVDR 459,200 260,371
Charoen Pokphand Foods PCL, NVDR 523,900 332,005
CP ALL PCL, NVDR 253,800 350,149
Delta Electronics Thailand PCL, NVDR 344,700 2,707,013
Global Power Synergy PCL, NVDR 90,286 93,078
Gulf Development PCL, NVDR 504,222 905,857
Indorama Ventures PCL, NVDR 268,900 205,874
Kasikornbank PCL, NVDR 62,400 361,383
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
Thailand (continued)  
Krung Thai Bank PCL, NVDR 359,900 $381,944
Minor International PCL, NVDR 450,329 294,940
PTT Exploration & Production PCL, NVDR 228,700 1,119,923
PTT Global Chemical PCL, NVDR 37,200 41,170
PTT Oil & Retail Business PCL, NVDR 276,200 109,710
PTT PCL, NVDR 849,200 901,213
SCB X PCL, NVDR 88,100 384,670
Thai Beverage PCL (C) 746,500 248,804
The Siam Cement PCL, NVDR 27,600 173,232
TMBThanachart Bank PCL, NVDR 2,458,385 171,446
True Corp. PCL, NVDR 1,119,800 488,936
Turkey - 0.6% 4,485,267
Akbank TAS 340,937 505,887
Aselsan Elektronik Sanayi Ve Ticaret AS 57,644 415,029
Astor Transformator Enerji Turizm Insaat Ve Petrol Sanayi Ticaret AS 10,939 47,957
BIM Birlesik Magazalar AS 27,178 417,324
Coca-Cola Icecek AS 57,406 90,923
Destek Finans Faktoring AS (A) 4,178 176,776
Enka Insaat ve Sanayi AS 105,671 222,009
Eregli Demir ve Celik Fabrikalari TAS 272,745 173,041
Ford Otomotiv Sanayi AS 40,984 93,154
KOC Holding AS 133,340 583,962
Tofas Turk Otomobil Fabrikasi AS 3,712 22,845
Turk Hava Yollari AO 56,738 375,341
Turkcell Iletisim Hizmetleri AS 120,930 287,916
Turkiye Is Bankasi AS, Class C 1,095,879 324,477
Turkiye Petrol Rafinerileri AS 73,997 429,625
Yapi ve Kredi Bankasi AS (A) 429,714 319,001
United Kingdom - 0.4% 2,773,010
Anglogold Ashanti PLC 28,901 2,773,010
United States - 0.2% 1,265,080
BeOne Medicines, Ltd., H Shares (A) 57,800 1,265,080
PREFERRED SECURITIES - 1.6% $12,522,559
(Cost $9,444,234)    
Brazil - 1.5% 11,805,314
Axia Energia, Class B 29,060 357,160
Axia Energia, Class C (A) 22,353 242,452
Banco Bradesco SA 471,347 1,730,335
Cia Energetica de Minas Gerais 326,026 787,290
Gerdau SA 207,496 754,972
Itau Unibanco Holding SA 314,403 2,617,842
Localiza Rent a Car SA 2,354 20,416
Petroleo Brasileiro SA 568,100 5,294,847
Chile - 0.1% 709,116
Sociedad Quimica y Minera de Chile SA, B Shares (A) 8,834 709,116
19 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
MULTIFACTOR EMERGING MARKETS ETF (continued)
  Shares or
Principal
Amount 		Value
India - 0.0% $8,129
TVS Motor Company, Ltd., 6.000% (A) 75,592 8,129
SHORT-TERM INVESTMENTS - 0.7% $5,033,430
(Cost $5,033,332)    
Short-term funds - 0.7% 5,033,430
John Hancock Collateral Trust, 3.6657% (E)(F) 236,590 2,366,307
State Street Institutional U.S. Government Money Market Fund, Premier Class, 3.5918% (E) 2,667,123 2,667,123
Total investments (Multifactor Emerging Markets ETF) (Cost $567,747,114) - 100.3% $753,785,564
Other assets and liabilities, net - (0.3%) (2,438,404)
Total net assets - 100.0% $751,347,160
    
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund.
Security Abbreviations and Legend
ADR American Depositary Receipt
GDR Global Depositary Receipt
NVDR Non-Voting Depositary Receipt
(A) Non-income producing security.
(B) This security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration.
(C) All or a portion of this security is on loan as of 3-31-26.
(D) Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. Refer to Note 2 to the financial statements.
(E) The rate shown is the annualized seven-day yield as of 3-31-26.
(F) Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.
The fund had the following sector composition as a percentage of net assets on 3-31-26:
Financials 23.6%
Information technology 21.9%
Consumer discretionary 12.1%
Materials 9.3%
Communication services 8.5%
Industrials 7.7%
Energy 5.5%
Consumer staples 4.2%
Utilities 3.1%
Health care 3.0%
Real estate 0.7%
Short-term investments and other 0.4%
TOTAL 100.0%
DERIVATIVES
FUTURES
Open contracts Number of
contracts 		Position Expiration
date 		Notional
basis^ 		Notional
value^ 		Unrealized
appreciation
(depreciation)
S&P 500 E-Mini Index Futures 5 Long Jun 2026 $1,636,225 $1,642,688 $6,463
            $6,463
^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.
See Notes to financial statements regarding investment transactions and other derivatives information.
MULTIFACTOR LARGE CAP ETF
As of 3-31-26
  Shares or
Principal
Amount 		Value
COMMON STOCKS – 99.9%   $1,017,604,215
(Cost $731,706,430)    
Communication services – 7.8% 79,327,189
Diversified telecommunication services – 0.9%  
AST SpaceMobile, Inc. (A)(B) 2,132 176,679
AT&T, Inc. 106,941 3,100,220
Comcast Corp., Class A 64,886 1,862,877
Verizon Communications, Inc. 76,907 3,860,731
Entertainment – 1.2%  
Electronic Arts, Inc. 8,546 1,742,273
Live Nation Entertainment, Inc. (A) 5,008 763,770
Netflix, Inc. (A) 44,036 4,234,061
ROBLOX Corp., Class A (A) 7,189 406,610
Roku, Inc. (A) 3,741 353,973
Take-Two Interactive Software, Inc. (A) 5,018 991,055
The Walt Disney Company 21,621 2,083,832
MULTIFACTOR LARGE CAP ETF (continued)
  Shares or
Principal
Amount 		Value
   
Entertainment (continued)  
TKO Group Holdings, Inc. 1,275 $257,104
Warner Brothers Discovery, Inc. (A) 61,168 1,679,673
Warner Music Group Corp., Class A 4,360 111,354
Interactive media and services – 5.1%  
Alphabet, Inc., Class A 86,180 24,781,921
Alphabet, Inc., Class C 27,525 7,895,822
Meta Platforms, Inc., Class A 32,349 18,507,833
Pinterest, Inc., Class A (A) 14,587 267,526
Reddit, Inc., Class A (A) 1,537 206,957
Snap, Inc., Class A (A) 19,709 90,661
Media – 0.4%  
Charter Communications, Inc., Class A (A) 2,011 434,135
EchoStar Corp., Class A (A)(B) 2,956 346,059
Fox Corp., Class A 11,442 668,213
Fox Corp., Class B 4,401 233,693
 
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 20
Table of Contents
MULTIFACTOR LARGE CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Communication services (continued)  
Media (continued)  
News Corp., Class A 13,573 $338,375
News Corp., Class B 3,853 109,849
Omnicom Group, Inc. 16,113 1,213,470
Paramount Skydance Corp., Class B 18,199 164,155
The New York Times Company, Class A 3,910 327,384
The Trade Desk, Inc., Class A (A) 9,406 213,422
Wireless telecommunication services – 0.2%  
T-Mobile US, Inc. 9,063 1,903,502
Consumer discretionary – 9.9% 100,735,913
Automobile components – 0.1%  
Aptiv PLC (A) 8,413 584,199
Autoliv, Inc. 3,682 387,199
BorgWarner, Inc. 3,985 216,226
Automobiles – 1.2%  
Ford Motor Company 139,264 1,607,107
General Motors Company 31,507 2,347,272
Rivian Automotive, Inc., Class A (A)(B) 21,058 316,923
Tesla, Inc. (A) 22,100 8,215,675
Broadline retail – 3.0%  
Amazon.com, Inc. (A) 133,571 27,818,832
Coupang, Inc. (A) 19,549 369,085
Dillard’s, Inc., Class A (B) 81 46,341
eBay, Inc. 24,685 2,246,829
Distributors – 0.1%  
Genuine Parts Company 7,157 756,853
LKQ Corp. 10,042 294,934
Pool Corp. 1,344 271,932
Diversified consumer services – 0.1%  
Service Corp. International 7,732 637,967
Hotels, restaurants and leisure – 2.1%  
Airbnb, Inc., Class A (A) 3,896 491,987
Aramark 10,812 438,318
Booking Holdings, Inc. 429 1,806,227
Carnival Corp. 48,708 1,260,563
Cava Group, Inc. (A) 525 42,473
Chipotle Mexican Grill, Inc. (A) 30,483 975,761
Darden Restaurants, Inc. 5,945 1,165,458
Domino’s Pizza, Inc. 1,144 410,456
DoorDash, Inc., Class A (A) 4,465 670,420
DraftKings, Inc., Class A (A) 8,646 186,927
Dutch Bros, Inc., Class A (A) 1,173 59,424
Expedia Group, Inc. 5,122 1,182,619
Flutter Entertainment PLC (A) 1,985 202,371
Hilton Worldwide Holdings, Inc. 4,576 1,391,470
Hyatt Hotels Corp., Class A 1,503 216,116
Las Vegas Sands Corp. 8,841 476,353
Marriott International, Inc., Class A 4,288 1,402,476
McDonald’s Corp. 9,220 2,865,484
MULTIFACTOR LARGE CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Consumer discretionary (continued)  
Hotels, restaurants and leisure (continued)  
MGM Resorts International (A) 5,847 $216,397
Norwegian Cruise Line Holdings, Ltd. (A) 16,558 309,635
Royal Caribbean Cruises, Ltd. 6,930 1,906,997
Starbucks Corp. 15,230 1,364,456
Texas Roadhouse, Inc. 2,554 421,768
Viking Holdings, Ltd. (A) 3,152 231,609
Wynn Resorts, Ltd. 2,931 297,643
Yum! Brands, Inc. 7,612 1,183,514
Household durables – 0.7%  
D.R. Horton, Inc. 9,697 1,330,622
Garmin, Ltd. 6,311 1,464,215
Lennar Corp., A Shares 6,498 564,286
Lennar Corp., B Shares 385 32,386
NVR, Inc. (A) 178 1,172,990
PulteGroup, Inc. 10,741 1,263,249
SharkNinja, Inc. (A) 2,142 226,838
Somnigroup International, Inc. 5,912 437,015
Toll Brothers, Inc. 2,708 369,561
TopBuild Corp. (A) 995 349,544
Leisure products – 0.1%  
Hasbro, Inc. 6,506 608,962
Specialty retail – 2.1%  
AutoZone, Inc. (A) 337 1,138,312
Best Buy Company, Inc. 13,549 869,846
Burlington Stores, Inc. (A) 2,443 794,903
Carvana Company (A) 2,249 707,041
Chewy, Inc., Class A (A) 3,326 89,802
Dick’s Sporting Goods, Inc. 3,211 636,709
Five Below, Inc. (A) 532 121,551
GameStop Corp., Class A (A) 7,903 182,085
Lowe’s Companies, Inc. 7,604 1,796,673
O’Reilly Automotive, Inc. (A) 16,931 1,562,901
Penske Automotive Group, Inc. 660 98,683
Ross Stores, Inc. 9,935 2,152,219
The Gap, Inc. 7,689 186,074
The Home Depot, Inc. 11,908 3,916,422
The TJX Companies, Inc. 18,986 3,032,064
Tractor Supply Company 28,442 1,288,423
Ulta Beauty, Inc. (A) 2,551 1,333,433
Wayfair, Inc., Class A (A) 1,126 84,686
Williams-Sonoma, Inc. 7,213 1,315,146
Textiles, apparel and luxury goods – 0.4%  
Amer Sports, Inc. (A) 3,463 114,002
Deckers Outdoor Corp. (A) 6,762 676,809
Levi Strauss & Company, Class A 1,063 19,655
Lululemon Athletica, Inc. (A) 3,362 514,722
NIKE, Inc., Class B 18,303 966,764
Ralph Lauren Corp. 1,566 538,688
Tapestry, Inc. 10,519 1,484,336
21 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
MULTIFACTOR LARGE CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Consumer staples – 5.5% $56,264,800
Beverages – 1.0%  
Brown-Forman Corp., Class A (B) 2,101 56,286
Brown-Forman Corp., Class B (B) 7,985 211,123
Celsius Holdings, Inc. (A) 2,100 74,508
Coca-Cola Consolidated, Inc. 1,992 381,946
Constellation Brands, Inc., Class A 4,656 698,400
Keurig Dr. Pepper, Inc. 19,119 503,403
Molson Coors Beverage Company, Class B 6,885 296,468
Monster Beverage Corp. (A) 14,718 1,066,466
PepsiCo, Inc. 18,933 2,940,106
Primo Brands Corp. 3,274 61,649
The Coca-Cola Company 50,776 3,861,515
Consumer staples distribution and retail – 2.4%  
Albertsons Companies, Inc., Class A 15,258 259,996
BJ’s Wholesale Club Holdings, Inc. (A) 5,525 543,771
Casey’s General Stores, Inc. 1,226 892,356
Costco Wholesale Corp. 4,946 4,928,343
Dollar General Corp. 7,799 925,975
Dollar Tree, Inc. (A) 9,025 988,328
Maplebear, Inc. (A) 3,721 139,389
Performance Food Group Company (A) 5,046 432,240
Sysco Corp. 16,593 1,183,579
Target Corp. 17,104 2,073,005
The Kroger Company 40,585 2,936,731
U.S. Foods Holding Corp. (A) 8,741 806,008
Walmart, Inc. 68,609 8,526,727
Food products – 0.8%  
Archer-Daniels-Midland Company 15,516 1,127,858
Bunge Global SA 6,013 764,854
Conagra Brands, Inc. 18,205 286,183
General Mills, Inc. 18,838 701,150
Hormel Foods Corp. 9,702 219,750
McCormick & Company, Inc. 9,693 488,915
Mondelez International, Inc., Class A 22,671 1,306,756
Pilgrim’s Pride Corp. 1,245 47,011
The Campbell’s Company (B) 8,960 199,539
The Hershey Company 5,446 1,132,169
The J.M. Smucker Company 3,876 373,801
The Kraft Heinz Company 19,046 428,345
Tyson Foods, Inc., Class A 10,088 646,338
Household products – 0.8%  
Church & Dwight Company, Inc. 8,619 804,325
Colgate-Palmolive Company 13,843 1,179,839
Kimberly-Clark Corp. 9,077 875,658
The Clorox Company 4,898 507,580
The Procter & Gamble Company 35,106 5,070,711
Personal care products – 0.1%  
Kenvue, Inc. 42,896 739,527
The Estee Lauder Companies, Inc., Class A 5,630 404,065
MULTIFACTOR LARGE CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Consumer staples (continued)  
Tobacco – 0.4%  
Altria Group, Inc. 22,982 $1,516,582
Philip Morris International, Inc. 16,061 2,655,526
Energy – 4.8% 49,052,786
Energy equipment and services – 0.4%  
Baker Hughes Company 22,506 1,373,991
Halliburton Company 27,467 1,070,938
SLB, Ltd. 18,880 970,243
TechnipFMC PLC 11,272 779,233
Oil, gas and consumable fuels – 4.4%  
Antero Midstream Corp. 6,004 136,891
Antero Resources Corp. (A) 8,815 374,109
APA Corp. 15,122 641,778
Cheniere Energy, Inc. 7,092 2,012,426
Chevron Corp. 23,098 4,778,976
ConocoPhillips 25,098 3,312,936
Coterra Energy, Inc. 36,114 1,269,046
Devon Energy Corp. 26,824 1,349,784
Diamondback Energy, Inc. 7,886 1,559,772
DT Midstream, Inc. 1,362 183,421
EOG Resources, Inc. 14,640 2,116,505
EQT Corp. 18,877 1,201,332
Expand Energy Corp. 8,183 898,330
Exxon Mobil Corp. 53,399 9,059,674
HF Sinclair Corp. 2,715 169,389
Kinder Morgan, Inc. 33,831 1,134,353
Marathon Petroleum Corp. 7,797 1,903,871
Occidental Petroleum Corp. 31,605 2,054,325
ONEOK, Inc. 16,477 1,489,356
Ovintiv, Inc. 12,126 719,799
Permian Resources Corp., Class A 23,330 497,396
Phillips 66 9,076 1,653,466
Range Resources Corp. 6,705 302,932
Targa Resources Corp. 7,097 1,779,431
Texas Pacific Land Corp. 1,836 871,292
The Williams Companies, Inc. 24,560 1,787,477
Valero Energy Corp. 6,224 1,537,826
Venture Global, Inc., Class A 1,207 19,022
Viper Energy, Inc., Class A 925 43,466
Financials – 14.5% 147,792,130
Banks – 4.0%  
Bank of America Corp. 94,870 4,624,913
Citigroup, Inc. 30,767 3,489,285
Citizens Financial Group, Inc. 18,715 1,122,339
Cullen/Frost Bankers, Inc. 427 58,533
East West Bancorp, Inc. 5,939 634,048
Fifth Third Bancorp 37,465 1,740,624
First Citizens BancShares, Inc., Class A 462 870,713
First Horizon Corp. 18,817 428,275
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 22
Table of Contents
MULTIFACTOR LARGE CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Financials (continued)  
Banks (continued)  
Huntington Bancshares, Inc. 63,925 $1,000,426
JPMorgan Chase & Co. 40,077 11,789,050
KeyCorp 42,848 859,102
M&T Bank Corp. 6,496 1,342,853
Old National Bancorp 5,909 130,589
Pinnacle Financial Partners, Inc. 1,922 165,561
Popular, Inc. 1,480 198,572
Regions Financial Corp. 50,012 1,306,313
SouthState Bank Corp. 1,002 92,705
The PNC Financial Services Group, Inc. 8,187 1,703,633
Truist Financial Corp. 32,372 1,488,141
U.S. Bancorp 31,656 1,646,429
UMB Financial Corp. 690 77,825
Webster Financial Corp. 6,111 424,226
Wells Fargo & Company 59,900 4,768,639
Western Alliance Bancorp 2,457 174,078
Wintrust Financial Corp. 1,658 230,363
Zions Bancorp NA 1,766 101,757
Capital markets – 3.7%  
Ameriprise Financial, Inc. 2,744 1,219,434
Ares Management Corp., Class A 3,735 407,489
BlackRock, Inc. 1,559 1,499,306
Cboe Global Markets, Inc. 3,059 859,793
CME Group, Inc. 5,254 1,551,769
Coinbase Global, Inc., Class A (A) 2,822 492,749
Evercore, Inc., Class A 776 231,644
FactSet Research Systems, Inc. 1,426 309,428
Franklin Resources, Inc. 11,799 278,692
Houlihan Lokey, Inc. 1,575 226,202
Interactive Brokers Group, Inc., Class A 10,125 679,084
Intercontinental Exchange, Inc. 10,152 1,596,707
Invesco, Ltd. 7,684 186,644
Jefferies Financial Group, Inc. 5,082 209,734
KKR & Company, Inc. 7,987 738,798
LPL Financial Holdings, Inc. 3,065 922,044
Moody’s Corp. 3,475 1,515,969
Morgan Stanley 21,222 3,492,505
MSCI, Inc. 1,906 1,027,353
Nasdaq, Inc. 15,218 1,291,856
Northern Trust Corp. 8,722 1,217,330
Raymond James Financial, Inc. 7,914 1,145,868
Robinhood Markets, Inc., Class A (A) 14,948 1,035,896
S&P Global, Inc. 4,366 1,857,034
SEI Investments Company 5,796 454,812
State Street Corp. 12,814 1,621,740
Stifel Financial Corp. 4,453 329,166
T. Rowe Price Group, Inc. 8,662 780,793
The Bank of New York Mellon Corp. 19,394 2,300,710
The Blackstone Group, Inc. 7,403 851,271
MULTIFACTOR LARGE CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Financials (continued)  
Capital markets (continued)  
The Carlyle Group, Inc. 7,043 $340,811
The Charles Schwab Corp. 21,015 1,974,990
The Goldman Sachs Group, Inc. 4,990 4,221,490
TPG, Inc. 408 16,528
Tradeweb Markets, Inc., Class A 2,830 332,978
Consumer finance – 0.7%  
Ally Financial, Inc. 17,050 668,872
American Express Company 8,764 2,650,935
Capital One Financial Corp. 10,635 1,940,143
SoFi Technologies, Inc. (A) 20,909 332,035
Synchrony Financial 24,459 1,663,701
Financial services – 2.8%  
Affirm Holdings, Inc. (A) 4,591 210,360
Apollo Global Management, Inc. 9,321 1,038,546
Berkshire Hathaway, Inc., Class B (A) 20,750 9,943,400
Block, Inc. (A) 12,664 762,120
Corebridge Financial, Inc. 10,566 252,105
Corpay, Inc. (A) 3,119 907,598
Equitable Holdings, Inc. 11,332 420,531
Fidelity National Information Services, Inc. 14,713 690,187
Fiserv, Inc. (A) 10,327 576,247
Global Payments, Inc. 8,150 548,495
Jack Henry & Associates, Inc. 2,861 452,152
Mastercard, Inc., Class A 11,022 5,507,253
PayPal Holdings, Inc. 15,618 706,402
Rocket Companies, Inc., Class A (A) 9,910 141,218
Toast, Inc., Class A (A) 7,655 202,934
Visa, Inc., Class A 21,343 6,450,708
Insurance – 3.3%  
Aflac, Inc. 14,737 1,616,796
American Financial Group, Inc. 3,141 401,137
American International Group, Inc. 24,810 1,866,953
Aon PLC, Class A 3,931 1,268,848
Arch Capital Group, Ltd. (A) 14,901 1,430,347
Arthur J. Gallagher & Company 5,333 1,155,021
Assurant, Inc. 1,995 434,531
Brown & Brown, Inc. 8,714 568,240
Chubb, Ltd. 5,971 1,946,128
Cincinnati Financial Corp. 6,206 976,514
CNA Financial Corp. 1,155 53,038
Erie Indemnity Company, Class A 857 215,373
Everest Group, Ltd. 1,682 549,762
Fidelity National Financial, Inc. 12,598 584,295
Globe Life, Inc. 4,458 620,420
Kinsale Capital Group, Inc. 621 212,171
Loews Corp. 10,623 1,133,899
Markel Group, Inc. (A) 571 1,092,934
Marsh & McLennan Companies, Inc. 8,159 1,415,179
MetLife, Inc. 18,786 1,328,546
23 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
MULTIFACTOR LARGE CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Financials (continued)  
Insurance (continued)  
Old Republic International Corp. 9,373 $373,983
Primerica, Inc. 1,134 284,044
Principal Financial Group, Inc. 10,551 950,751
Prudential Financial, Inc. 16,095 1,572,321
Reinsurance Group of America, Inc. 2,762 563,890
RenaissanceRe Holdings, Ltd. 1,921 570,979
The Allstate Corp. 9,928 2,058,472
The Hartford Insurance Group, Inc. 18,670 2,524,744
The Progressive Corp. 7,284 1,443,980
The Travelers Companies, Inc. 7,494 2,185,850
Unum Group 6,521 476,229
W.R. Berkley Corp. 13,598 901,275
Willis Towers Watson PLC 4,341 1,261,929
Health care – 9.8% 100,057,988
Biotechnology – 2.0%  
AbbVie, Inc. 20,606 4,481,599
Alnylam Pharmaceuticals, Inc. (A) 2,646 875,482
Amgen, Inc. 8,958 3,151,872
Arrowhead Pharmaceuticals, Inc. (A) 1,479 92,733
Biogen, Inc. (A) 4,887 895,934
BioMarin Pharmaceutical, Inc. (A) 5,927 334,816
BridgeBio Pharma, Inc. (A) 1,624 120,598
Exelixis, Inc. (A) 6,831 292,982
Gilead Sciences, Inc. 22,594 3,148,926
Halozyme Therapeutics, Inc. (A) 1,184 76,522
ImmunityBio, Inc. (A) 1,842 14,128
Incyte Corp. (A) 5,932 558,320
Insmed, Inc. (A) 2,801 458,020
Ionis Pharmaceuticals, Inc. (A) 1,829 137,340
Madrigal Pharmaceuticals, Inc. (A) 209 109,405
Moderna, Inc. (A)(B) 7,576 384,861
Natera, Inc. (A) 2,312 462,377
Neurocrine Biosciences, Inc. (A) 3,115 410,370
Praxis Precision Medicines, Inc. (A) 227 73,137
Regeneron Pharmaceuticals, Inc. 1,693 1,308,080
REVOLUTION Medicines, Inc. (A) 1,322 128,565
Roivant Sciences, Ltd. (A) 9,035 250,270
Summit Therapeutics, Inc. (A)(B) 1,431 27,132
United Therapeutics Corp. (A) 1,647 976,638
Vaxcyte, Inc. (A) 1,293 75,136
Vertex Pharmaceuticals, Inc. (A) 3,042 1,358,375
Walgreens Boots Alliance, Inc. (A)(C) 19,824 10,507
Health care equipment and supplies – 1.9%  
Abbott Laboratories 23,928 2,456,688
ABIOMED, Inc. (A)(C) 1,170 18,158
Align Technology, Inc. (A) 1,605 275,145
Baxter International, Inc. 15,001 252,017
Becton, Dickinson and Company 8,165 1,283,783
Boston Scientific Corp. (A) 20,813 1,306,016
MULTIFACTOR LARGE CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Health care (continued)  
Health care equipment and supplies (continued)  
DexCom, Inc. (A) 12,182 $765,030
Edwards Lifesciences Corp. (A) 14,292 1,144,503
GE HealthCare Technologies, Inc. 16,041 1,141,798
Globus Medical, Inc., Class A (A) 2,024 174,388
IDEXX Laboratories, Inc. (A) 2,319 1,303,023
Insulet Corp. (A) 1,986 416,742
Intuitive Surgical, Inc. (A) 3,951 1,821,371
Masimo Corp. (A) 477 84,844
Medline, Inc., Class A (A) 401 17,845
Medtronic PLC 16,511 1,430,678
Penumbra, Inc. (A) 650 213,441
ResMed, Inc. 5,657 1,269,883
Solventum Corp. (A) 4,971 324,606
STERIS PLC 3,599 795,847
Stryker Corp. 4,437 1,457,954
The Cooper Companies, Inc. (A) 6,974 498,641
Zimmer Biomet Holdings, Inc. 7,186 649,758
Health care providers and services – 2.0%  
Cardinal Health, Inc. 9,554 2,018,856
Cencora, Inc. 4,850 1,523,579
Centene Corp. (A) 16,708 547,020
CVS Health Corp. 23,130 1,661,197
DaVita, Inc. (A) 1,347 207,020
Elevance Health, Inc. 4,333 1,268,486
Encompass Health Corp. 3,706 358,481
Guardant Health, Inc. (A) 703 64,936
HCA Healthcare, Inc. 2,554 1,208,655
Henry Schein, Inc. (A) 4,548 335,188
Humana, Inc. 3,815 661,483
Labcorp Holdings, Inc. 4,366 1,164,892
McKesson Corp. 1,630 1,410,537
Quest Diagnostics, Inc. 6,940 1,360,101
Tenet Healthcare Corp. (A) 3,559 671,619
The Cigna Corp. 5,554 1,481,530
The Ensign Group, Inc. 1,139 229,509
UnitedHealth Group, Inc. 11,927 3,227,327
Universal Health Services, Inc., Class B 3,634 650,377
Health care technology – 0.0%  
Veeva Systems, Inc., Class A (A) 3,143 552,099
Life sciences tools and services – 1.1%  
Agilent Technologies, Inc. 10,436 1,189,495
Bio-Techne Corp. 4,376 228,690
Charles River Laboratories International, Inc. (A) 1,795 309,638
Danaher Corp. 8,493 1,610,273
ICON PLC (A) 599 66,285
Illumina, Inc. (A) 2,740 337,732
IQVIA Holdings, Inc. (A) 6,965 1,187,811
Medpace Holdings, Inc. (A) 650 312,124
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 24
Table of Contents
MULTIFACTOR LARGE CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Health care (continued)  
Life sciences tools and services (continued)  
Mettler-Toledo International, Inc. (A) 825 $1,040,490
Revvity, Inc. (B) 4,587 401,867
Tempus AI, Inc., Class A (A)(B) 1,274 57,610
Thermo Fisher Scientific, Inc. 5,452 2,679,822
Waters Corp. (A) 3,178 946,408
West Pharmaceutical Services, Inc. 2,363 592,262
Pharmaceuticals – 2.8%  
Bristol-Myers Squibb Company 38,838 2,355,525
Elanco Animal Health, Inc. (A)(B) 8,637 206,683
Eli Lilly & Company 10,522 9,677,820
Jazz Pharmaceuticals PLC (A) 553 104,545
Johnson & Johnson 33,075 8,084,853
Merck & Company, Inc. 34,603 4,162,395
Pfizer, Inc. 90,073 2,529,250
Royalty Pharma PLC, Class A 10,803 518,220
Viatris, Inc. 47,313 639,199
Zoetis, Inc. 7,612 899,815
Industrials – 12.9% 131,040,349
Aerospace and defense – 2.5%  
AeroVironment, Inc. (A) 560 102,508
ATI, Inc. (A) 3,196 464,890
Axon Enterprise, Inc. (A) 1,087 461,638
BWX Technologies, Inc. 2,347 479,938
Carpenter Technology Corp. 959 377,990
Curtiss-Wright Corp. 1,028 700,191
FTAI Aviation, Ltd. 2,416 591,920
General Dynamics Corp. 4,857 1,667,020
General Electric Company 12,339 3,501,438
HEICO Corp. 1,200 329,040
HEICO Corp., Class A 2,136 450,888
Howmet Aerospace, Inc. 8,150 1,878,249
Huntington Ingalls Industries, Inc. 690 262,131
Karman Holdings, Inc. (A)(B) 763 61,078
Kratos Defense & Security Solutions, Inc. (A) 2,408 169,788
L3Harris Technologies, Inc. 4,871 1,681,226
Leonardo DRS, Inc. 1,054 46,924
Lockheed Martin Corp. 3,527 2,131,684
Moog, Inc., Class A 311 91,011
Northrop Grumman Corp. 2,578 1,758,815
Rocket Lab Corp. (A) 5,996 385,063
RTX Corp. 21,961 4,236,277
StandardAero, Inc. (A) 1,794 46,339
Textron, Inc. 9,029 790,579
The Boeing Company (A) 6,711 1,335,690
TransDigm Group, Inc. 1,096 1,270,220
Woodward, Inc. 1,583 566,587
Air freight and logistics – 0.5%  
C.H. Robinson Worldwide, Inc. 5,635 935,804
Expeditors International of Washington, Inc. 6,920 991,152
MULTIFACTOR LARGE CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Industrials (continued)  
Air freight and logistics (continued)  
FedEx Corp. 5,364 $1,910,550
United Parcel Service, Inc., Class B 12,999 1,278,842
Building products – 0.9%  
A.O. Smith Corp. 5,023 331,217
Advanced Drainage Systems, Inc. 2,678 367,234
Allegion PLC 4,692 681,701
Builders FirstSource, Inc. (A) 6,517 536,545
Carlisle Companies, Inc. 2,526 842,724
Carrier Global Corp. 23,432 1,319,456
Johnson Controls International PLC 12,425 1,627,054
Lennox International, Inc. 1,275 591,766
Masco Corp. 8,249 497,992
Modine Manufacturing Company (A) 430 93,185
Owens Corning 4,992 540,234
Trane Technologies PLC 5,289 2,204,138
Commercial services and supplies – 0.8%  
Cintas Corp. 7,952 1,345,001
Clean Harbors, Inc. (A) 1,816 520,702
Copart, Inc. (A) 18,210 604,572
Republic Services, Inc. 5,770 1,263,745
Rollins, Inc. 9,987 533,406
Tetra Tech, Inc. 7,822 235,599
Veralto Corp. 7,704 681,188
Waste Management, Inc. 10,584 2,432,097
Construction and engineering – 0.6%  
AECOM 5,162 437,841
API Group Corp. (A) 9,559 387,331
Comfort Systems USA, Inc. 943 1,300,388
Dycom Industries, Inc. (A) 385 130,446
EMCOR Group, Inc. 1,605 1,184,988
IES Holdings, Inc. (A)(B) 89 42,406
MasTec, Inc. (A) 1,486 478,106
Quanta Services, Inc. 3,625 1,990,198
Sterling Infrastructure, Inc. (A) 295 120,145
Valmont Industries, Inc. 182 72,722
Electrical equipment – 1.5%  
Acuity, Inc. 838 234,824
AMETEK, Inc. 8,592 1,841,781
Bloom Energy Corp., Class A (A) 2,402 325,447
Eaton Corp. PLC 6,385 2,283,723
Emerson Electric Company 12,858 1,684,655
GE Vernova, Inc. 2,607 2,275,650
Generac Holdings, Inc. (A) 1,475 288,112
Hubbell, Inc. 2,047 1,004,545
Nextpower, Inc., Class A (A) 2,746 331,030
nVent Electric PLC 4,407 521,260
Regal Rexnord Corp. 1,960 367,030
Rockwell Automation, Inc. 4,689 1,682,788
Vertiv Holdings Company, Class A 10,716 2,685,215
25 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
MULTIFACTOR LARGE CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Industrials (continued)  
Electrical equipment (continued)  
Vicor Corp. (A) 127 $20,447
Ground transportation – 1.1%  
CSX Corp. 47,229 1,938,750
J.B. Hunt Transport Services, Inc. 4,592 973,045
Knight-Swift Transportation Holdings, Inc. 1,637 94,258
Norfolk Southern Corp. 6,264 1,797,768
Old Dominion Freight Line, Inc. 5,138 1,003,965
Saia, Inc. (A) 298 104,681
Uber Technologies, Inc. (A) 20,767 1,493,770
U-Haul Holding Company (A)(B) 394 18,825
U-Haul Holding Company, Series N 3,834 171,265
Union Pacific Corp. 10,187 2,471,570
XPO, Inc. (A) 3,571 694,738
Industrial conglomerates – 0.4%  
3M Company 9,591 1,392,901
Honeywell International, Inc. 10,025 2,265,951
Machinery – 2.9%  
AGCO Corp. 612 70,912
Allison Transmission Holdings, Inc. 1,253 146,676
Caterpillar, Inc. 7,851 5,562,119
CNH Industrial NV 24,108 265,188
Crane Company 1,166 199,386
Cummins, Inc. 4,484 2,412,482
Deere & Company 4,872 2,744,398
Donaldson Company, Inc. 4,019 341,093
Dover Corp. 6,356 1,324,908
Flowserve Corp. 1,172 86,154
Fortive Corp. 11,668 645,007
Graco, Inc. 5,738 485,722
IDEX Corp. 2,733 518,040
Illinois Tool Works, Inc. 6,529 1,699,433
Ingersoll Rand, Inc. 12,926 1,035,631
ITT, Inc. 2,455 467,751
Lincoln Electric Holdings, Inc. 2,182 543,493
Mueller Industries, Inc. 2,998 332,178
Nordson Corp. 1,824 485,293
Oshkosh Corp. 1,327 195,348
Otis Worldwide Corp. 10,910 840,943
PACCAR, Inc. 13,501 1,559,366
Parker-Hannifin Corp. 2,393 2,142,309
Pentair PLC 6,134 534,333
RBC Bearings, Inc. (A) 611 331,846
Snap-on, Inc. 2,251 817,608
SPX Technologies, Inc. (A) 767 153,354
Stanley Black & Decker, Inc. 6,401 454,855
Symbotic, Inc. (A) 804 42,773
The Toro Company 1,110 103,718
Wabtec Corp. 5,996 1,498,460
Watts Water Technologies, Inc., Class A 503 146,016
MULTIFACTOR LARGE CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Industrials (continued)  
Machinery (continued)  
Xylem, Inc. 8,030 $959,585
Passenger airlines – 0.1%  
American Airlines Group, Inc. (A) 1,577 16,937
Delta Air Lines, Inc. 8,100 538,488
Southwest Airlines Company 6,747 253,485
United Airlines Holdings, Inc. (A) 4,492 413,578
Professional services – 0.8%  
Automatic Data Processing, Inc. 6,468 1,314,168
Booz Allen Hamilton Holding Corp. 5,503 429,399
Broadridge Financial Solutions, Inc. 4,292 697,364
CACI International, Inc., Class A (A) 725 394,306
Equifax, Inc. 4,547 818,778
Jacobs Solutions, Inc. 3,526 448,789
Leidos Holdings, Inc. 5,911 919,279
Paychex, Inc. 8,840 814,341
SS&C Technologies Holdings, Inc. 8,224 555,696
TransUnion 6,703 463,781
UL Solutions, Inc., Class A 1,745 149,564
Verisk Analytics, Inc. 5,406 1,025,789
Trading companies and distributors – 0.8%  
Applied Industrial Technologies, Inc. 832 220,746
Core & Main, Inc., Class A (A) 5,993 296,054
Fastenal Company 35,808 1,661,491
Ferguson Enterprises, Inc. 6,941 1,619,058
United Rentals, Inc. 2,567 1,870,214
W.W. Grainger, Inc. 1,612 1,758,386
Watsco, Inc. (B) 1,108 403,079
WESCO International, Inc. 1,804 493,610
Information technology – 24.5% 250,050,786
Communications equipment – 1.0%  
Arista Networks, Inc. (A) 13,580 1,667,352
Ciena Corp. (A) 3,482 1,351,817
Cisco Systems, Inc. 55,041 4,270,631
F5, Inc. (A) 2,462 712,330
Lumentum Holdings, Inc. (A) 898 631,078
Motorola Solutions, Inc. 3,625 1,573,141
Ubiquiti, Inc. 176 139,091
Electronic equipment, instruments and components – 1.5%  
Advanced Energy Industries, Inc. 351 113,271
Amphenol Corp., Class A 22,817 2,882,928
CDW Corp. 5,184 627,368
Cognex Corp. 1,711 83,822
Coherent Corp. (A) 4,019 957,366
Corning, Inc. 12,213 1,660,602
Fabrinet (A) 492 256,588
Flex, Ltd. (A) 19,058 1,247,537
Jabil, Inc. 5,752 1,527,904
Keysight Technologies, Inc. (A) 7,245 2,045,771
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 26
Table of Contents
MULTIFACTOR LARGE CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Information technology (continued)  
Electronic equipment, instruments and
components (continued) 		 
TD SYNNEX Corp. 2,017 $340,288
TE Connectivity PLC 7,669 1,602,974
Teledyne Technologies, Inc. (A) 1,559 943,211
TTM Technologies, Inc. (A) 1,056 102,876
Zebra Technologies Corp., Class A (A) 1,954 408,542
IT services – 1.2%  
Accenture PLC, Class A 9,129 1,810,189
Akamai Technologies, Inc. (A) 6,579 755,598
Cloudflare, Inc., Class A (A) 4,255 877,977
Cognizant Technology Solutions Corp., Class A 18,084 1,109,453
CoreWeave, Inc., Class A (A)(B) 1,930 149,517
Gartner, Inc. (A) 3,192 505,421
GoDaddy, Inc., Class A (A) 4,420 365,401
IBM Corp. 16,215 3,930,354
MongoDB, Inc. (A) 1,938 474,364
Okta, Inc. (A) 4,378 344,592
Snowflake, Inc. (A) 5,091 767,825
Twilio, Inc., Class A (A) 4,761 599,029
VeriSign, Inc. 3,257 808,909
Semiconductors and semiconductor equipment – 10.1%  
Advanced Micro Devices, Inc. (A) 20,784 4,228,089
Amkor Technology, Inc. 1,151 51,830
Analog Devices, Inc. 8,493 2,701,963
Applied Materials, Inc. 11,742 4,013,298
Astera Labs, Inc. (A) 2,354 257,998
Broadcom, Inc. 53,854 16,668,352
Credo Technology Group Holding, Ltd. (A) 2,667 250,351
Entegris, Inc. 5,047 591,710
First Solar, Inc. (A) 3,372 665,161
GlobalFoundries, Inc. (A) 2,178 96,877
Intel Corp. (A) 67,521 2,979,702
KLA Corp. 2,327 3,426,298
Lam Research Corp. 20,358 4,349,690
Lattice Semiconductor Corp. (A) 1,913 177,450
MACOM Technology Solutions Holdings, Inc. (A) 1,297 288,025
Marvell Technology, Inc. 22,564 2,234,964
Microchip Technology, Inc. 22,322 1,442,224
Micron Technology, Inc. 16,278 5,499,360
MKS, Inc. 720 165,463
Monolithic Power Systems, Inc. 1,371 1,498,983
NVIDIA Corp. 233,626 40,744,374
NXP Semiconductors NV 7,232 1,423,692
ON Semiconductor Corp. (A) 14,693 909,791
Onto Innovation, Inc. (A) 516 105,816
Qnity Electronics, Inc. 7,326 845,274
Qualcomm, Inc. 18,962 2,441,926
Rambus, Inc. (A) 990 85,170
SiTime Corp. (A) 197 68,034
MULTIFACTOR LARGE CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Information technology (continued)  
Semiconductors and semiconductor equipment (continued)  
Skyworks Solutions, Inc. 7,301 $390,969
Teradyne, Inc. 6,353 1,883,410
Texas Instruments, Inc. 14,861 2,885,115
Software – 5.8%  
Adobe, Inc. (A) 4,975 1,209,323
AppLovin Corp., Class A (A) 3,848 1,531,504
Atlassian Corp., Class A (A) 2,532 172,809
Aurora Innovation, Inc. (A)(B) 23,269 95,868
Autodesk, Inc. (A) 3,830 916,902
Bentley Systems, Inc., Class B 4,398 154,458
Cadence Design Systems, Inc. (A) 5,579 1,550,237
Circle Internet Group, Inc. (A) 2,645 252,359
Crowdstrike Holdings, Inc., Class A (A) 3,110 1,214,175
Datadog, Inc., Class A (A) 7,653 903,437
DocuSign, Inc. (A) 5,206 246,816
Dynatrace, Inc. (A) 8,477 313,479
Fair Isaac Corp. (A) 839 895,666
Figma, Inc., Class A (A)(B) 2,161 45,684
Fortinet, Inc. (A) 13,627 1,113,598
Gen Digital, Inc. 25,840 486,567
Guidewire Software, Inc. (A) 1,932 288,950
HubSpot, Inc. (A) 1,209 295,117
InterDigital, Inc. 283 85,466
Intuit, Inc. 3,837 1,659,042
Manhattan Associates, Inc. (A) 1,891 251,730
Microsoft Corp. 78,253 28,966,913
Nutanix, Inc., Class A (A) 3,792 144,134
Oracle Corp. 23,007 3,384,560
Palantir Technologies, Inc., Class A (A) 20,557 3,007,078
Palo Alto Networks, Inc. (A) 8,281 1,327,610
Procore Technologies, Inc. (A) 2,623 149,511
PTC, Inc. (A) 3,921 558,703
Roper Technologies, Inc. 2,159 763,984
Rubrik, Inc., Class A (A) 885 43,338
Salesforce, Inc. 10,687 1,994,942
Samsara, Inc., Class A (A) 3,953 125,271
ServiceNow, Inc. (A) 9,340 976,497
Synopsys, Inc. (A) 2,888 1,145,034
Trimble, Inc. (A) 8,555 558,043
Tyler Technologies, Inc. (A) 1,479 506,380
Workday, Inc., Class A (A) 3,402 441,988
Zoom Communications, Inc., Class A (A) 7,291 586,123
Zscaler, Inc. (A) 2,215 310,742
Technology hardware, storage and peripherals – 4.9%  
Apple, Inc. 160,228 40,664,247
Dell Technologies, Inc., Class C 5,028 825,246
Everpure, Inc., Class A (A) 7,597 448,527
Hewlett Packard Enterprise Company 45,488 1,083,069
HP, Inc. 32,967 633,296
27 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
MULTIFACTOR LARGE CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Information technology (continued)  
Technology hardware, storage and peripherals (continued)  
IonQ, Inc. (A)(B) 4,938 $142,363
NetApp, Inc. 11,036 1,129,976
Sandisk Corp. (A) 737 468,246
Seagate Technology Holdings PLC 5,689 2,228,723
Super Micro Computer, Inc. (A)(B) 8,792 200,194
Western Digital Corp. 9,377 2,536,385
Materials – 3.4% 34,641,600
Chemicals – 1.6%  
Air Products & Chemicals, Inc. 4,229 1,228,482
Albemarle Corp. 3,722 668,211
CF Industries Holdings, Inc. 9,048 1,174,792
Corteva, Inc. 22,261 1,863,468
Dow, Inc. 27,261 1,135,421
DuPont de Nemours, Inc. 14,395 659,291
Ecolab, Inc. 4,818 1,281,684
International Flavors & Fragrances, Inc. 8,203 595,128
Linde PLC 5,861 2,905,649
LyondellBasell Industries NV, Class A 12,354 995,238
PPG Industries, Inc. 9,476 1,012,795
RPM International, Inc. 5,419 538,649
Solstice Advanced Materials, Inc. 3,822 291,084
The Mosaic Company 15,012 382,806
The Sherwin-Williams Company 5,456 1,748,921
Westlake Corp. (B) 1,700 198,594
Construction materials – 0.3%  
CRH PLC 8,273 869,658
Martin Marietta Materials, Inc. 2,211 1,301,571
Vulcan Materials Company 4,502 1,225,895
Containers and packaging – 0.5%  
Amcor PLC 15,308 608,493
AptarGroup, Inc. 2,328 293,375
Avery Dennison Corp. 3,100 535,308
Ball Corp. 13,059 771,917
Crown Holdings, Inc. 5,501 551,475
International Paper Company 18,287 652,846
Packaging Corp. of America 4,347 922,520
Smurfit WestRock PLC 13,216 526,658
Metals and mining – 1.0%  
Alcoa Corp. 2,850 189,041
Coeur Mining, Inc. (A) 8,433 158,287
Freeport-McMoRan, Inc. 31,112 1,828,763
Hecla Mining Company 4,368 81,376
MP Materials Corp. (A)(B) 1,624 78,374
Newmont Corp. 23,801 2,576,458
Nucor Corp. 10,605 1,793,306
Reliance, Inc. 2,690 817,545
Royal Gold, Inc. 1,585 403,367
Southern Copper Corp. 1,429 245,874
MULTIFACTOR LARGE CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Materials (continued)  
Metals and mining (continued)  
Steel Dynamics, Inc. 8,496 $1,529,280
Real estate – 2.5% 25,302,382
Diversified REITs – 0.0%  
WP Carey, Inc. 5,257 357,266
Health care REITs – 0.4%  
Alexandria Real Estate Equities, Inc. 4,019 186,562
American Healthcare REIT, Inc. 1,398 65,930
CareTrust REIT, Inc. 1,640 60,106
Healthpeak Properties, Inc. 15,945 261,976
Omega Healthcare Investors, Inc. 6,161 269,975
Ventas, Inc. 11,078 905,959
Welltower, Inc. 8,654 1,710,982
Hotel and resort REITs – 0.0%  
Host Hotels & Resorts, Inc. 18,886 361,856
Industrial REITs – 0.2%  
EastGroup Properties, Inc. 1,216 225,069
Lineage, Inc. 272 8,911
Prologis, Inc. 11,840 1,565,011
Rexford Industrial Realty, Inc. 3,965 129,774
Office REITs – 0.0%  
BXP, Inc. 4,054 210,403
Real estate management and development – 0.4%  
CBRE Group, Inc., Class A (A) 15,426 2,089,606
CoStar Group, Inc. (A) 12,001 484,120
Jones Lang LaSalle, Inc. (A) 2,259 687,459
Zillow Group, Inc., Class A (A) 1,128 46,688
Zillow Group, Inc., Class C (A) 5,303 219,438
Residential REITs – 0.4%  
American Homes 4 Rent, Class A 7,904 220,680
AvalonBay Communities, Inc. 3,589 586,263
Camden Property Trust 2,710 264,659
Equity LifeStyle Properties, Inc. 4,480 279,642
Equity Residential 9,164 542,051
Essex Property Trust, Inc. 1,656 400,752
Invitation Homes, Inc. 14,572 362,114
Mid-America Apartment Communities, Inc. 3,034 370,512
Sun Communities, Inc. 3,145 396,144
UDR, Inc. 8,263 279,124
Retail REITs – 0.3%  
Agree Realty Corp. 880 66,334
Federal Realty Investment Trust 2,157 229,095
Kimco Realty Corp. 15,997 359,453
Realty Income Corp. 17,903 1,095,306
Regency Centers Corp. 4,531 342,815
Simon Property Group, Inc. 5,974 1,114,330
Specialized REITs – 0.8%  
American Tower Corp. 5,432 937,455
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 28
Table of Contents
MULTIFACTOR LARGE CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Real estate (continued)  
Specialized REITs (continued)  
Crown Castle, Inc. 7,624 $619,907
CubeSmart 5,385 197,360
Digital Realty Trust, Inc. 6,358 1,145,775
Equinix, Inc. 1,231 1,206,675
Extra Space Storage, Inc. 5,050 662,207
Gaming and Leisure Properties, Inc. 6,724 298,344
Iron Mountain, Inc. 7,416 757,470
Lamar Advertising Company, Class A 2,213 280,299
Public Storage 2,631 712,685
SBA Communications Corp. 2,562 440,946
VICI Properties, Inc. 24,851 678,929
Weyerhaeuser Company 24,886 607,965
Utilities – 4.3% 43,338,292
Electric utilities – 2.6%  
Alliant Energy Corp. 9,744 699,229
American Electric Power Company, Inc. 14,956 1,960,432
Constellation Energy Corp. 5,435 1,517,724
Duke Energy Corp. 18,032 2,361,110
Edison International 19,803 1,449,184
Entergy Corp. 22,581 2,537,201
Evergy, Inc. 11,035 903,987
Eversource Energy 17,758 1,230,274
Exelon Corp. 46,056 2,257,665
FirstEnergy Corp. 24,112 1,221,514
NextEra Energy, Inc. 19,170 1,780,510
NRG Energy, Inc. 6,825 997,406
OGE Energy Corp. 6,437 308,719
Oklo, Inc. (A) 1,468 72,798
PG&E Corp. 79,785 1,401,822
Pinnacle West Capital Corp. 5,963 600,772
PPL Corp. (B) 35,067 1,339,559
The Southern Company 19,792 1,910,324
Xcel Energy, Inc. 21,630 1,718,287
Gas utilities – 0.1%  
Atmos Energy Corp. 4,934 911,408
Independent power and renewable electricity producers –
0.2% 		 
Talen Energy Corp. (A) 495 158,019
The AES Corp. 29,913 421,474
Vistra Corp. 8,743 1,314,335
Multi-utilities – 1.3%  
Ameren Corp. 11,419 1,255,176
CenterPoint Energy, Inc. 28,062 1,211,156
CMS Energy Corp. 12,116 939,959
Consolidated Edison, Inc. 15,383 1,741,048
Dominion Energy, Inc. 23,053 1,425,136
DTE Energy Company 8,559 1,251,497
NiSource, Inc. 19,714 919,855
Public Service Enterprise Group, Inc. 20,463 1,656,480
MULTIFACTOR LARGE CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Utilities (continued)  
Multi-utilities (continued)  
Sempra 15,173 $1,474,360
WEC Energy Group, Inc. 11,073 1,281,921
Water utilities – 0.1%  
American Water Works Company, Inc. 5,590 760,743
Essential Utilities, Inc. 8,622 347,208
SHORT-TERM INVESTMENTS – 0.1%   $1,512,938
(Cost $1,512,882)    
Short-term funds – 0.1% 1,512,938
John Hancock Collateral Trust, 3.6657% (D)(E) 53,942 539,509
State Street Institutional U.S. Government Money Market Fund, Premier Class, 3.5918% (D) 973,429 973,429
Total investments (Multifactor Large Cap ETF) (Cost $733,219,312) 100.0% $1,019,117,153
Other assets and liabilities, net (0.0%)   (228,300)
Total net assets 100.0%   $1,018,888,853
    
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund.
Security Abbreviations and Legend
(A) Non-income producing security.
(B) All or a portion of this security is on loan as of 3-31-26.
(C) Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. Refer to Note 2 to the financial statements.
(D) The rate shown is the annualized seven-day yield as of 3-31-26.
(E) Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.
MULTIFACTOR MID CAP ETF
As of 3-31-26
  Shares or
Principal
Amount 		Value
COMMON STOCKS – 99.9%   $4,884,604,553
(Cost $4,056,418,273)    
Communication services – 2.7% 133,771,320
Diversified telecommunication services – 0.2%  
AST SpaceMobile, Inc. (A)(B) 48,559 4,024,084
Globalstar, Inc. (A) 20,722 1,376,355
Lumen Technologies, Inc. (A) 344,898 2,397,041
Entertainment – 0.7%  
Live Nation Entertainment, Inc. (A) 46,869 7,147,991
Madison Square Garden Sports Corp. (A) 6,420 2,063,388
Roku, Inc. (A) 66,976 6,337,269
Take-Two Interactive Software, Inc. (A) 73,402 14,496,895
TKO Group Holdings, Inc. 24,767 4,994,266
Warner Music Group Corp., Class A 82,253 2,100,742
Interactive media and services – 0.2%  
Match Group, Inc. 120,660 3,705,469
Pinterest, Inc., Class A (A) 181,549 3,329,609
Reddit, Inc., Class A (A) 32,846 4,422,714
29 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
MULTIFACTOR MID CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Communication services (continued)  
Interactive media and services (continued)  
Snap, Inc., Class A (A) 222,226 $1,022,240
Media – 1.6%  
EchoStar Corp., Class A (A) 56,250 6,585,188
Fox Corp., Class A 141,948 8,289,763
Fox Corp., Class B 95,468 5,069,351
Liberty Broadband Corp., Series A (A) 11,792 592,194
Liberty Broadband Corp., Series C (A) 79,799 4,013,890
News Corp., Class A 330,582 8,241,409
News Corp., Class B 99,827 2,846,068
Nexstar Media Group, Inc. 24,339 4,401,221
Omnicom Group, Inc. 232,555 17,513,717
Paramount Skydance Corp., Class B 626,813 5,653,853
Sirius XM Holdings, Inc. (B) 164,053 3,786,343
The New York Times Company, Class A 111,791 9,360,260
Consumer discretionary – 10.1% 491,844,082
Automobile components – 0.7%  
Aptiv PLC (A) 133,949 9,301,419
Autoliv, Inc. 74,300 7,813,388
BorgWarner, Inc. 203,896 11,063,397
Lear Corp. 33,453 4,050,489
Mobileye Global, Inc., Class A (A)(B) 87,612 601,894
Automobiles – 0.1%  
Rivian Automotive, Inc., Class A (A) 328,957 4,950,803
Broadline retail – 0.7%  
Coupang, Inc. (A) 429,939 8,117,248
Dillard’s, Inc., Class A (B) 2,909 1,664,268
eBay, Inc. 225,236 20,500,981
Ollie’s Bargain Outlet Holdings, Inc. (A) 38,130 3,509,485
Distributors – 0.5%  
Genuine Parts Company 112,785 11,927,014
LKQ Corp. 196,740 5,778,254
Pool Corp. 23,281 4,710,445
Diversified consumer services – 0.3%  
ADT, Inc. 603,635 3,965,882
Service Corp. International 159,315 13,145,081
Hotels, restaurants and leisure – 2.3%  
Aramark 215,317 8,728,951
Brinker International, Inc. (A) 28,122 4,014,978
Carnival Corp. 329,495 8,527,331
Cava Group, Inc. (A) 39,250 3,175,325
Churchill Downs, Inc. 44,773 4,021,959
Darden Restaurants, Inc. 62,242 12,201,922
Domino’s Pizza, Inc. 14,160 5,080,466
DraftKings, Inc., Class A (A) 105,572 2,282,467
Dutch Bros, Inc., Class A (A) 54,052 2,738,274
Expedia Group, Inc. 51,302 11,845,119
Hyatt Hotels Corp., Class A 24,041 3,456,855
Las Vegas Sands Corp. 17,254 929,646
MULTIFACTOR MID CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Consumer discretionary (continued)  
Hotels, restaurants and leisure (continued)  
Life Time Group Holdings, Inc. (A) 34,805 $937,647
MGM Resorts International (A) 151,861 5,620,376
Norwegian Cruise Line Holdings, Ltd. (A) 456,786 8,541,898
Planet Fitness, Inc., Class A (A) 42,073 3,129,390
Texas Roadhouse, Inc. 47,198 7,794,278
Viking Holdings, Ltd. (A) 66,108 4,857,616
Wingstop, Inc. 14,076 2,181,358
Wyndham Hotels & Resorts, Inc. 65,345 5,307,974
Wynn Resorts, Ltd. 47,413 4,814,790
Household durables – 1.9%  
Garmin, Ltd. 64,921 15,062,321
Installed Building Products, Inc. 14,057 3,727,214
Lennar Corp., A Shares 69,217 6,010,804
Mohawk Industries, Inc. (A) 37,343 3,676,792
NVR, Inc. (A) 1,754 11,558,562
PulteGroup, Inc. 130,253 15,319,055
SharkNinja, Inc. (A) 35,780 3,789,102
Somnigroup International, Inc. 108,413 8,013,889
Taylor Morrison Home Corp. (A) 73,980 4,308,595
Toll Brothers, Inc. 93,852 12,807,982
TopBuild Corp. (A) 24,879 8,739,993
Leisure products – 0.2%  
Hasbro, Inc. 106,375 9,956,700
Specialty retail – 2.5%  
AutoNation, Inc. (A) 43,464 8,486,781
Best Buy Company, Inc. 173,701 11,151,604
Burlington Stores, Inc. (A) 36,170 11,768,995
CarMax, Inc. (A) 101,292 4,211,721
Chewy, Inc., Class A (A) 53,961 1,456,947
Dick’s Sporting Goods, Inc. (B) 39,509 7,834,240
Five Below, Inc. (A) 31,920 7,293,082
Floor & Decor Holdings, Inc., Class A (A) 71,088 3,611,270
GameStop Corp., Class A (A) 265,104 6,107,996
Lithia Motors, Inc. 23,131 5,776,273
Murphy USA, Inc. 12,278 6,064,964
Penske Automotive Group, Inc. 17,778 2,658,167
The Gap, Inc. 228,343 5,525,901
Tractor Supply Company 289,445 13,111,859
Ulta Beauty, Inc. (A) 25,511 13,334,855
Wayfair, Inc., Class A (A) 35,208 2,647,994
Williams-Sonoma, Inc. 74,384 13,562,435
Textiles, apparel and luxury goods – 0.9%  
Amer Sports, Inc. (A) 59,613 1,962,460
Birkenstock Holding PLC (A)(B) 37,072 1,328,290
Deckers Outdoor Corp. (A) 96,499 9,658,585
Levi Strauss & Company, Class A 86,440 1,598,276
Ralph Lauren Corp. 23,838 8,200,034
Tapestry, Inc. 114,429 16,147,076
VF Corp. 240,412 4,084,600
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 30
Table of Contents
MULTIFACTOR MID CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Consumer staples – 4.3% $211,270,390
Beverages – 0.4%  
Brown-Forman Corp., Class A (B) 9,251 247,834
Brown-Forman Corp., Class B (B) 55,766 1,474,453
Celsius Holdings, Inc. (A) 75,561 2,680,904
Coca-Cola Consolidated, Inc. 36,584 7,014,616
Molson Coors Beverage Company, Class B 126,830 5,461,300
Primo Brands Corp. 144,406 2,719,165
Consumer staples distribution and retail – 2.0%  
Albertsons Companies, Inc., Class A 282,726 4,817,651
BJ’s Wholesale Club Holdings, Inc. (A) 98,958 9,739,446
Casey’s General Stores, Inc. 19,813 14,421,090
Dollar General Corp. 88,847 10,548,804
Dollar Tree, Inc. (A) 111,666 12,228,544
Maplebear, Inc. (A) 116,107 4,349,368
Performance Food Group Company (A) 101,021 8,653,459
Sprouts Farmers Market, Inc. (A) 61,584 4,749,974
The Kroger Company 205,604 14,877,505
U.S. Foods Holding Corp. (A) 139,099 12,826,319
Food products – 1.5%  
Archer-Daniels-Midland Company 176,603 12,837,272
Bunge Global SA 85,370 10,859,064
Conagra Brands, Inc. 237,756 3,737,524
Darling Ingredients, Inc. (A) 78,738 4,869,945
General Mills, Inc. 89,093 3,316,041
Hormel Foods Corp. 198,973 4,506,738
Ingredion, Inc. 58,024 6,536,984
Lamb Weston Holdings, Inc. 107,769 4,554,318
McCormick & Company, Inc. 93,987 4,740,704
Pilgrim’s Pride Corp. 41,562 1,569,381
The Campbell’s Company (B) 145,867 3,248,458
The J.M. Smucker Company 82,935 7,998,251
Tyson Foods, Inc., Class A 116,430 7,459,670
Household products – 0.3%  
Church & Dwight Company, Inc. 93,902 8,762,935
The Clorox Company 58,955 6,109,507
Personal care products – 0.1%  
The Estee Lauder Companies, Inc., Class A 46,721 3,353,166
Energy – 5.6% 273,028,735
Energy equipment and services – 0.9%  
Halliburton Company 326,837 12,743,375
Noble Corp. PLC 52,046 2,553,897
NOV, Inc. 168,389 3,167,397
TechnipFMC PLC 237,920 16,447,410
Transocean, Ltd. (A) 470,894 3,122,027
Valaris, Ltd. (A) 21,289 2,087,174
Weatherford International PLC 33,136 3,134,003
Oil, gas and consumable fuels – 4.7%  
Antero Midstream Corp. 189,608 4,323,062
Antero Resources Corp. (A) 198,679 8,431,937
MULTIFACTOR MID CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Energy (continued)  
Oil, gas and consumable fuels (continued)  
APA Corp. 317,352 $13,468,419
Cheniere Energy, Inc. 77,435 21,972,956
Chord Energy Corp. 45,256 6,434,498
Coterra Energy, Inc. 374,640 13,164,850
Devon Energy Corp. 281,838 14,182,088
Diamondback Energy, Inc. 86,017 17,013,302
DT Midstream, Inc. 47,585 6,408,272
EQT Corp. 216,815 13,798,107
Expand Energy Corp. 124,732 13,693,079
HF Sinclair Corp. 109,248 6,815,983
Kinetik Holdings, Inc. (B) 23,080 1,117,303
Matador Resources Company 108,686 6,866,781
Ovintiv, Inc. 249,265 14,796,370
Permian Resources Corp., Class A 632,395 13,482,661
Range Resources Corp. 164,557 7,434,685
Targa Resources Corp. 103,933 26,059,110
Texas Pacific Land Corp. 33,121 15,717,902
Uranium Energy Corp. (A) 123,720 1,670,220
Venture Global, Inc., Class A 36,437 574,247
Viper Energy, Inc., Class A 49,960 2,347,620
Financials – 15.4% 752,917,641
Banks – 4.2%  
BOK Financial Corp. 18,399 2,356,176
Citizens Financial Group, Inc. 230,270 13,809,292
Columbia Banking System, Inc. 138,344 3,794,776
Commerce Bancshares, Inc. 97,600 4,801,920
Cullen/Frost Bankers, Inc. 41,972 5,753,522
East West Bancorp, Inc. 118,580 12,659,601
Fifth Third Bancorp 441,161 20,496,340
First Citizens BancShares, Inc., Class A 5,883 11,087,455
First Horizon Corp. 331,120 7,536,291
Huntington Bancshares, Inc. 964,761 15,098,510
KeyCorp 472,551 9,474,648
M&T Bank Corp. 79,306 16,394,136
Old National Bancorp 225,836 4,990,976
Pinnacle Financial Partners, Inc. 97,971 8,439,222
Popular, Inc. 52,483 7,041,644
Prosperity Bancshares, Inc. 63,501 4,265,997
Regions Financial Corp. 519,185 13,561,112
SouthState Bank Corp. 45,500 4,209,660
UMB Financial Corp. 38,772 4,373,094
Valley National Bancorp 224,006 2,750,794
Webster Financial Corp. 126,621 8,790,030
Western Alliance Bancorp 89,217 6,321,024
Wintrust Financial Corp. 54,235 7,535,411
Zions Bancorp NA 134,193 7,732,201
Capital markets – 3.9%  
Affiliated Managers Group, Inc. 14,891 4,120,340
Cboe Global Markets, Inc. 42,276 11,882,515
31 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
MULTIFACTOR MID CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Financials (continued)  
Capital markets (continued)  
Evercore, Inc., Class A 24,189 $7,220,658
FactSet Research Systems, Inc. 23,419 5,081,689
Franklin Resources, Inc. 203,467 4,805,891
Hamilton Lane, Inc., Class A 24,417 2,427,050
Houlihan Lokey, Inc. 34,164 4,906,634
Interactive Brokers Group, Inc., Class A 195,631 13,120,971
Invesco, Ltd. 319,975 7,772,193
Janus Henderson Group PLC 62,741 3,223,005
Jefferies Financial Group, Inc. 125,251 5,169,109
LPL Financial Holdings, Inc. 40,143 12,076,219
MarketAxess Holdings, Inc. 23,523 3,880,825
Morningstar, Inc. 16,805 2,840,885
Nasdaq, Inc. 172,566 14,649,128
Northern Trust Corp. 89,247 12,456,204
PJT Partners, Inc., Class A 12,684 1,772,208
Raymond James Financial, Inc. 93,686 13,564,796
SEI Investments Company 90,086 7,069,048
State Street Corp. 139,800 17,693,088
Stifel Financial Corp. 123,734 9,146,417
StoneX Group, Inc. (A) 30,303 2,443,937
T. Rowe Price Group, Inc. 101,039 9,107,655
The Carlyle Group, Inc. 105,387 5,099,677
TPG, Inc. 54,389 2,203,298
Tradeweb Markets, Inc., Class A 35,434 4,169,164
Virtu Financial, Inc., Class A 45,928 2,019,913
Consumer finance – 0.9%  
Ally Financial, Inc. 311,963 12,238,308
FirstCash Holdings, Inc. 28,145 5,291,260
OneMain Holdings, Inc. 107,553 5,753,010
SoFi Technologies, Inc. (A) 376,477 5,978,455
Synchrony Financial 240,494 16,358,402
Financial services – 1.3%  
Affirm Holdings, Inc. (A) 91,373 4,186,711
Block, Inc. (A) 42,210 2,540,198
Chime Financial, Inc., Class A (A)(B) 97,908 1,833,817
Corebridge Financial, Inc. 274,365 6,546,349
Corpay, Inc. (A) 32,773 9,536,615
Equitable Holdings, Inc. 175,406 6,509,317
Global Payments, Inc. 111,899 7,530,803
Jack Henry & Associates, Inc. 47,773 7,550,045
Jackson Financial, Inc., Class A 81,208 8,585,310
Rocket Companies, Inc., Class A (A) 28,235 402,349
Toast, Inc., Class A (A) 138,056 3,659,865
UWM Holdings Corp. 77,965 282,233
Voya Financial, Inc. 73,235 5,003,415
Insurance – 5.1%  
American Financial Group, Inc. 59,922 7,652,639
Arch Capital Group, Ltd. (A) 153,731 14,756,639
Assurant, Inc. 40,255 8,767,942
MULTIFACTOR MID CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Financials (continued)  
Insurance (continued)  
Axis Capital Holdings, Ltd. 65,302 $6,622,276
Brown & Brown, Inc. 99,344 6,478,222
Cincinnati Financial Corp. 66,540 10,470,069
CNA Financial Corp. 17,969 825,136
Erie Indemnity Company, Class A 12,993 3,265,271
Everest Group, Ltd. 27,394 8,953,729
Fidelity National Financial, Inc. 192,196 8,914,050
First American Financial Corp. 84,473 5,092,877
Globe Life, Inc. 74,371 10,350,212
Kinsale Capital Group, Inc. 14,178 4,844,055
Lincoln National Corp. 203,382 7,220,061
Loews Corp. 99,699 10,641,871
Markel Group, Inc. (A) 6,633 12,696,026
Old Republic International Corp. 212,157 8,465,064
Primerica, Inc. 25,287 6,333,888
Principal Financial Group, Inc. 102,352 9,222,939
Prudential Financial, Inc. 138,008 13,482,002
Reinsurance Group of America, Inc. 48,367 9,874,607
RenaissanceRe Holdings, Ltd. 48,438 14,397,227
The Hanover Insurance Group, Inc. 20,177 3,497,683
The Hartford Insurance Group, Inc. 169,742 22,954,211
Unum Group 142,640 10,416,999
W.R. Berkley Corp. 151,920 10,069,258
Willis Towers Watson PLC 47,024 13,669,877
Health care – 10.8% 527,571,985
Biotechnology – 2.8%  
Arrowhead Pharmaceuticals, Inc. (A) 63,331 3,970,854
Biogen, Inc. (A) 49,924 9,152,567
BioMarin Pharmaceutical, Inc. (A) 143,213 8,090,102
Blueprint Medicines Corp. (A)(C) 17,937 8,251
BridgeBio Pharma, Inc. (A) 60,933 4,524,885
Cytokinetics, Inc. (A) 54,135 3,568,038
Exelixis, Inc. (A) 252,834 10,844,050
Halozyme Therapeutics, Inc. (A) 78,669 5,084,377
ImmunityBio, Inc. (A) 89,296 684,900
Incyte Corp. (A) 81,743 7,693,651
Insmed, Inc. (A) 48,634 7,952,632
Ionis Pharmaceuticals, Inc. (A) 54,344 4,080,691
Krystal Biotech, Inc. (A) 11,446 2,956,731
Kymera Therapeutics, Inc. (A) 20,843 1,736,013
Madrigal Pharmaceuticals, Inc. (A) 6,666 3,489,451
Moderna, Inc. (A)(B) 91,718 4,659,274
Natera, Inc. (A) 39,556 7,910,804
Neurocrine Biosciences, Inc. (A) 70,038 9,226,806
Nuvalent, Inc., Class A (A) 16,623 1,703,026
Praxis Precision Medicines, Inc. (A) 7,202 2,320,412
REVOLUTION Medicines, Inc. (A) 62,464 6,074,624
Rhythm Pharmaceuticals, Inc. (A) 17,434 1,516,235
Roivant Sciences, Ltd. (A) 219,519 6,080,676
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 32
Table of Contents
MULTIFACTOR MID CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Health care (continued)  
Biotechnology (continued)  
Summit Therapeutics, Inc. (A)(B) 24,874 $471,611
United Therapeutics Corp. (A) 32,365 19,191,798
Vaxcyte, Inc. (A) 59,799 3,474,920
Health care equipment and supplies – 2.4%  
ABIOMED, Inc. (A)(C) 18,321 284,342
Align Technology, Inc. (A) 52,768 9,046,018
Baxter International, Inc. 205,929 3,459,607
DexCom, Inc. (A) 168,708 10,594,862
GE HealthCare Technologies, Inc. 158,741 11,299,184
Glaukos Corp. (A) 19,260 2,073,532
Globus Medical, Inc., Class A (A) 91,042 7,844,179
Insulet Corp. (A) 33,210 6,968,786
Masimo Corp. (A) 29,845 5,308,530
Penumbra, Inc. (A) 22,245 7,304,591
ResMed, Inc. 64,473 14,472,899
Solventum Corp. (A) 130,151 8,498,860
STERIS PLC 48,615 10,750,235
The Cooper Companies, Inc. (A) 129,260 9,242,090
Zimmer Biomet Holdings, Inc. 109,188 9,872,779
Health care providers and services – 2.5%  
BrightSpring Health Services, Inc. (A) 63,914 2,723,376
Cardinal Health, Inc. 96,271 20,343,025
Centene Corp. (A) 141,778 4,641,812
DaVita, Inc. (A) 25,946 3,987,641
Encompass Health Corp. 93,228 9,017,944
Guardant Health, Inc. (A) 42,482 3,924,062
HealthEquity, Inc. (A) 64,074 5,354,664
Henry Schein, Inc. (A) 107,847 7,948,324
Labcorp Holdings, Inc. 57,338 15,298,352
Molina Healthcare, Inc. (A) 33,685 4,490,211
Quest Diagnostics, Inc. 78,323 15,349,742
Tenet Healthcare Corp. (A) 69,185 13,055,901
The Ensign Group, Inc. 41,319 8,325,779
Universal Health Services, Inc., Class B 58,115 10,400,842
Health care technology – 0.1%  
Veeva Systems, Inc., Class A (A) 18,738 3,291,517
Life sciences tools and services – 2.1%  
Agilent Technologies, Inc. 97,848 11,152,715
Avantor, Inc. (A) 340,317 2,668,085
Bio-Rad Laboratories, Inc., Class A (A) 14,681 4,092,329
Bio-Techne Corp. 96,710 5,054,065
Charles River Laboratories International, Inc. (A) 45,588 7,863,930
ICON PLC (A) 18,238 2,018,217
Illumina, Inc. (A) 46,147 5,688,079
IQVIA Holdings, Inc. (A) 65,233 11,124,836
Medpace Holdings, Inc. (A) 15,479 7,432,861
Mettler-Toledo International, Inc. (A) 9,175 11,571,510
Repligen Corp. (A) 32,964 3,883,818
MULTIFACTOR MID CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Health care (continued)  
Life sciences tools and services (continued)  
Revvity, Inc. (B) 87,659 $7,679,805
Tempus AI, Inc., Class A (A)(B) 38,337 1,733,599
Waters Corp. (A) 35,892 10,688,638
West Pharmaceutical Services, Inc. 33,502 8,396,941
Pharmaceuticals – 0.9%  
Axsome Therapeutics, Inc. (A) 14,891 2,516,877
Elanco Animal Health, Inc. (A)(B) 389,165 9,312,718
Jazz Pharmaceuticals PLC (A) 55,791 10,547,289
Royalty Pharma PLC, Class A 163,295 7,833,261
Viatris, Inc. 1,085,962 14,671,347
Industrials – 20.0% 979,374,390
Aerospace and defense – 2.6%  
AeroVironment, Inc. (A) 18,680 3,419,374
ATI, Inc. (A) 72,671 10,570,724
BWX Technologies, Inc. 48,959 10,011,626
Carpenter Technology Corp. 26,068 10,274,702
Curtiss-Wright Corp. 17,255 11,752,726
FTAI Aviation, Ltd. 57,592 14,110,040
HEICO Corp. 14,624 4,009,901
HEICO Corp., Class A 23,313 4,921,141
Hexcel Corp. 33,081 2,677,245
Huntington Ingalls Industries, Inc. 20,908 7,942,949
Karman Holdings, Inc. (A)(B) 45,895 3,673,895
Kratos Defense & Security Solutions, Inc. (A) 75,574 5,328,723
Leonardo DRS, Inc. 42,432 1,889,073
Loar Holdings, Inc. (A) 19,440 1,113,718
Moog, Inc., Class A 17,217 5,038,383
Rocket Lab Corp. (A) 95,904 6,158,955
StandardAero, Inc. (A) 100,748 2,602,321
Textron, Inc. 104,280 9,130,757
Woodward, Inc. 33,446 11,970,992
Air freight and logistics – 0.5%  
C.H. Robinson Worldwide, Inc. 65,768 10,922,092
Expeditors International of Washington, Inc. 83,616 11,976,320
GXO Logistics, Inc. (A) 53,014 2,748,776
Building products – 1.9%  
A.O. Smith Corp. 93,086 6,138,091
AAON, Inc. (B) 35,836 2,965,429
Advanced Drainage Systems, Inc. 54,062 7,413,522
Allegion PLC 64,834 9,419,732
Armstrong World Industries, Inc. 31,246 5,149,341
Builders FirstSource, Inc. (A) 86,382 7,111,830
Carlisle Companies, Inc. 31,146 10,390,929
Fortune Brands Innovations, Inc. 113,301 4,415,340
Lennox International, Inc. 18,292 8,489,866
Masco Corp. 104,803 6,326,957
Modine Manufacturing Company (A) 26,964 5,843,368
Owens Corning 92,812 10,044,115
33 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
MULTIFACTOR MID CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Industrials (continued)  
Building products (continued)  
Simpson Manufacturing Company, Inc. 33,763 $5,794,406
Zurn Elkay Water Solutions Corp. 97,395 4,367,192
Commercial services and supplies – 0.8%  
Casella Waste Systems, Inc., Class A (A) 32,632 2,589,023
Clean Harbors, Inc. (A) 39,566 11,344,759
MSA Safety, Inc. 27,271 4,471,080
Rollins, Inc. 103,692 5,538,190
Tetra Tech, Inc. 178,139 5,365,547
Veralto Corp. 96,064 8,493,979
Construction and engineering – 2.1%  
AECOM 99,903 8,473,772
API Group Corp. (A) 209,615 8,493,600
Comfort Systems USA, Inc. 17,620 24,297,804
Construction Partners, Inc., Class A (A) 28,122 3,124,917
Dycom Industries, Inc. (A) 19,481 6,600,552
EMCOR Group, Inc. 24,729 18,257,668
Fluor Corp. (A) 101,553 4,737,447
IES Holdings, Inc. (A) 4,996 2,380,444
MasTec, Inc. (A) 35,172 11,316,239
Primoris Services Corp. 35,735 5,111,534
Sterling Infrastructure, Inc. (A) 16,190 6,593,701
Valmont Industries, Inc. 10,905 4,357,311
Electrical equipment – 2.4%  
Acuity, Inc. 24,938 6,988,126
AMETEK, Inc. 105,364 22,585,827
Bloom Energy Corp., Class A (A) 56,529 7,659,114
Generac Holdings, Inc. (A) 44,469 8,686,130
Hubbell, Inc. 31,697 15,554,986
Nextpower, Inc., Class A (A) 127,277 15,343,242
nVent Electric PLC 90,414 10,694,168
Regal Rexnord Corp. 43,842 8,209,853
Rockwell Automation, Inc. 51,522 18,490,215
Vicor Corp. (A) 5,942 956,662
Ground transportation – 1.0%  
J.B. Hunt Transport Services, Inc. 49,435 10,475,277
Knight-Swift Transportation Holdings, Inc. 127,845 7,361,315
Ryder System, Inc. 41,523 8,500,173
Saia, Inc. (A) 20,261 7,117,284
U-Haul Holding Company (A)(B) 9,164 437,856
U-Haul Holding Company, Series N 79,053 3,531,298
XPO, Inc. (A) 67,331 13,099,246
Machinery – 5.5%  
AGCO Corp. 64,018 7,417,766
Allison Transmission Holdings, Inc. 81,306 9,517,680
CNH Industrial NV 717,436 7,891,796
Crane Company 30,228 5,168,988
Donaldson Company, Inc. 98,128 8,328,123
Dover Corp. 71,124 14,825,798
Esab Corp. 44,827 4,332,978
MULTIFACTOR MID CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Industrials (continued)  
Machinery (continued)  
ESCO Technologies, Inc. 9,798 $2,756,863
Federal Signal Corp. 39,728 4,296,186
Flowserve Corp. 87,062 6,399,928
Fortive Corp. 128,855 7,123,104
Gates Industrial Corp. PLC (A) 153,576 3,472,353
Graco, Inc. 117,615 9,956,110
IDEX Corp. 49,335 9,351,449
Ingersoll Rand, Inc. 141,033 11,299,564
ITT, Inc. 55,136 10,505,062
JBT Marel Corp. 32,775 4,190,939
Lincoln Electric Holdings, Inc. 36,666 9,132,767
Mueller Industries, Inc. 75,814 8,400,191
Nordson Corp. 37,068 9,862,312
Oshkosh Corp. 57,237 8,425,859
Otis Worldwide Corp. 85,708 6,606,373
Pentair PLC 122,609 10,680,470
RBC Bearings, Inc. (A) 12,524 6,802,035
Snap-on, Inc. 31,806 11,552,575
SPX Technologies, Inc. (A) 30,345 6,067,179
Stanley Black & Decker, Inc. 100,361 7,131,653
Symbotic, Inc. (A) 12,742 677,874
Terex Corp. 54,985 3,249,614
The Middleby Corp. (A) 41,367 5,484,437
The Timken Company 36,139 3,634,499
The Toro Company 77,189 7,212,540
Wabtec Corp. 80,114 20,021,290
Watts Water Technologies, Inc., Class A 18,801 5,457,742
Xylem, Inc. 86,175 10,297,913
Marine transportation – 0.0%  
Kirby Corp. (A) 7,558 1,004,307
Passenger airlines – 0.4%  
Alaska Air Group, Inc. (A) 22,879 841,490
American Airlines Group, Inc. (A) 87,259 937,162
Delta Air Lines, Inc. 97,809 6,502,342
Southwest Airlines Company 61,234 2,300,561
United Airlines Holdings, Inc. (A) 73,983 6,811,615
Professional services – 2.0%  
Amentum Holdings, Inc. (A) 86,691 2,260,901
Booz Allen Hamilton Holding Corp. 72,992 5,695,566
Broadridge Financial Solutions, Inc. 60,081 9,761,961
CACI International, Inc., Class A (A) 17,812 9,687,412
Equifax, Inc. 49,130 8,846,839
Genpact, Ltd. 138,828 5,171,343
Jacobs Solutions, Inc. 63,763 8,115,755
Leidos Holdings, Inc. 68,838 10,705,686
Parsons Corp. (A) 31,651 1,714,535
Paycom Software, Inc. 42,919 5,216,375
Planet Labs PBC (A) 68,301 1,909,013
SS&C Technologies Holdings, Inc. 118,633 8,016,032
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 34
Table of Contents
MULTIFACTOR MID CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Industrials (continued)  
Professional services (continued)  
TransUnion 119,545 $8,271,319
UL Solutions, Inc., Class A 36,872 3,160,299
Verisk Analytics, Inc. 57,005 10,816,699
Trading companies and distributors – 0.8%  
Applied Industrial Technologies, Inc. 26,706 7,085,636
Core & Main, Inc., Class A (A) 149,113 7,366,182
GATX Corp. 25,168 4,297,184
SiteOne Landscape Supply, Inc. (A) 27,895 3,713,103
Watsco, Inc. 14,619 5,318,246
WESCO International, Inc. 47,372 12,961,927
Information technology – 13.8% 675,762,156
Communications equipment – 1.2%  
Ciena Corp. (A) 58,652 22,770,466
F5, Inc. (A) 45,083 13,043,864
Lumentum Holdings, Inc. (A) 25,932 18,223,972
Ubiquiti, Inc. 2,246 1,774,991
Viavi Solutions, Inc. (A) 85,819 2,856,056
Electronic equipment, instruments and components – 3.4%  
Advanced Energy Industries, Inc. 16,494 5,322,779
Arrow Electronics, Inc. (A) 49,280 7,067,245
CDW Corp. 69,106 8,363,208
Cognex Corp. 119,345 5,846,712
Coherent Corp. (A) 89,454 21,308,837
Fabrinet (A) 17,250 8,996,220
Flex, Ltd. (A) 287,941 18,848,618
Jabil, Inc. 60,061 15,954,003
Keysight Technologies, Inc. (A) 90,208 25,472,033
Littelfuse, Inc. 23,053 7,823,036
Sanmina Corp. (A) 48,960 6,347,174
TD SYNNEX Corp. 47,391 7,995,336
Teledyne Technologies, Inc. (A) 22,296 13,489,303
TTM Technologies, Inc. (A) 59,313 5,778,272
Zebra Technologies Corp., Class A (A) 45,480 9,508,958
IT services – 1.8%  
Akamai Technologies, Inc. (A) 126,119 14,484,767
Amdocs, Ltd. 116,507 7,603,247
Applied Digital Corp. (A) 81,728 1,940,223
Cognizant Technology Solutions Corp., Class A 216,623 13,289,821
EPAM Systems, Inc. (A) 48,110 6,514,094
Gartner, Inc. (A) 34,276 5,427,262
GoDaddy, Inc., Class A (A) 64,496 5,331,884
MongoDB, Inc. (A) 20,443 5,003,833
Okta, Inc. (A) 94,758 7,458,402
Twilio, Inc., Class A (A) 79,212 9,966,454
VeriSign, Inc. 35,883 8,911,902
Semiconductors and semiconductor equipment – 3.5%  
Allegro MicroSystems, Inc. (A) 38,866 1,225,445
Amkor Technology, Inc. 79,264 3,569,258
MULTIFACTOR MID CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Information technology (continued)  
Semiconductors and semiconductor equipment (continued)  
Astera Labs, Inc. (A) 35,759 $3,919,186
Cirrus Logic, Inc. (A) 41,020 5,932,312
Credo Technology Group Holding, Ltd. (A) 50,775 4,766,249
Entegris, Inc. 99,478 11,662,801
First Solar, Inc. (A) 64,725 12,767,654
FormFactor, Inc. (A) 29,160 2,828,228
GlobalFoundries, Inc. (A) 59,914 2,664,975
Lattice Semiconductor Corp. (A) 79,690 7,392,044
MACOM Technology Solutions Holdings, Inc. (A) 31,353 6,962,561
MKS, Inc. 66,762 15,342,575
Monolithic Power Systems, Inc. 20,696 22,627,972
ON Semiconductor Corp. (A) 118,714 7,350,771
Onto Innovation, Inc. (A) 21,739 4,458,017
Qnity Electronics, Inc. 80,181 9,251,284
Qorvo, Inc. (A) 85,688 6,632,251
Rambus, Inc. (A) 76,004 6,538,624
Semtech Corp. (A) 28,835 2,217,123
Silicon Laboratories, Inc. (A) 11,799 2,455,962
SiTime Corp. (A) 6,881 2,376,353
Skyworks Solutions, Inc. 128,020 6,855,471
Teradyne, Inc. 72,160 21,392,554
Software – 2.9%  
Appfolio, Inc., Class A (A) 13,139 2,073,597
Aurora Innovation, Inc. (A)(B) 634,191 2,612,867
Bentley Systems, Inc., Class B 91,513 3,213,937
BitMine Immersion Technologies, Inc. (B) 213,269 4,218,461
Circle Internet Group, Inc. (A) 65,416 6,241,341
Clearwater Analytics Holdings, Inc., Class A (A) 136,536 3,229,076
DocuSign, Inc. (A) 128,291 6,082,276
Dolby Laboratories, Inc., Class A 54,291 3,260,717
Dropbox, Inc., Class A (A) 120,506 2,737,896
D-Wave Quantum, Inc. (A)(B) 110,293 1,591,528
Dynatrace, Inc. (A) 160,238 5,925,601
Fair Isaac Corp. (A) 9,403 10,038,079
Figma, Inc., Class A (A)(B) 76,779 1,623,108
Gen Digital, Inc. 472,175 8,891,055
Guidewire Software, Inc. (A) 26,334 3,938,513
HubSpot, Inc. (A) 14,765 3,604,137
InterDigital, Inc. (B) 19,317 5,833,734
Manhattan Associates, Inc. (A) 34,772 4,628,849
Nutanix, Inc., Class A (A) 62,345 2,369,733
Pegasystems, Inc. 71,337 3,036,103
Pivotal Software, Inc. (A)(C) 9,845 0
Procore Technologies, Inc. (A) 51,557 2,938,749
PTC, Inc. (A) 62,996 8,976,300
Riot Platforms, Inc. (A) 177,568 2,194,740
Rubrik, Inc., Class A (A) 24,516 1,200,549
Samsara, Inc., Class A (A) 47,626 1,509,268
Terawulf, Inc. (A) 92,618 1,336,478
35 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
MULTIFACTOR MID CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Information technology (continued)  
Software (continued)  
Trimble, Inc. (A) 194,340 $12,676,798
Tyler Technologies, Inc. (A) 19,815 6,784,260
Unity Software, Inc. (A) 189,302 4,153,286
Zoom Communications, Inc., Class A (A) 131,553 10,575,546
Zscaler, Inc. (A) 19,864 2,786,721
Technology hardware, storage and peripherals – 1.0%  
Everpure, Inc., Class A (A) 126,216 7,451,793
Hewlett Packard Enterprise Company 732,247 17,434,801
HP, Inc. 265,314 5,096,682
IonQ, Inc. (A)(B) 142,602 4,111,216
NetApp, Inc. 114,575 11,731,334
Super Micro Computer, Inc. (A)(B) 252,103 5,740,385
Materials – 5.9% 287,007,521
Chemicals – 2.3%  
Albemarle Corp. 56,902 10,215,616
Axalta Coating Systems, Ltd. (A) 189,756 5,256,241
CF Industries Holdings, Inc. 135,039 17,533,464
Dow, Inc. 239,754 9,985,754
DuPont de Nemours, Inc. 149,150 6,831,070
Eastman Chemical Company 101,155 7,720,150
Element Solutions, Inc. 143,122 4,886,185
International Flavors & Fragrances, Inc. 90,134 6,539,222
LyondellBasell Industries NV, Class A 122,009 9,829,045
PPG Industries, Inc. 98,786 10,558,248
RPM International, Inc. 90,110 8,956,934
Solstice Advanced Materials, Inc. 80,088 6,099,502
The Mosaic Company 248,198 6,329,049
Westlake Corp. (B) 22,621 2,642,585
Construction materials – 0.6%  
Eagle Materials, Inc. 20,650 3,912,143
Martin Marietta Materials, Inc. 23,134 13,618,523
Vulcan Materials Company 41,962 11,426,253
Containers and packaging – 1.5%  
Amcor PLC 281,669 11,196,343
AptarGroup, Inc. 51,578 6,499,860
Avery Dennison Corp. 50,049 8,642,461
Ball Corp. 167,810 9,919,249
Crown Holdings, Inc. 89,950 9,017,488
International Paper Company 209,298 7,471,939
Packaging Corp. of America 45,144 9,580,460
Smurfit WestRock PLC 273,645 10,904,753
Metals and mining – 1.4%  
Alcoa Corp. 178,842 11,862,590
Coeur Mining, Inc. (A) 264,275 4,960,442
Commercial Metals Company 92,754 5,697,878
Hecla Mining Company 264,547 4,928,511
MP Materials Corp. (A)(B) 52,486 2,532,974
Reliance, Inc. 40,817 12,405,103
MULTIFACTOR MID CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Materials (continued)  
Metals and mining (continued)  
Royal Gold, Inc. 39,406 $10,028,433
Steel Dynamics, Inc. 86,261 15,526,980
Paper and forest products – 0.1%  
Louisiana-Pacific Corp. 48,001 3,492,073
Real estate – 5.4% 264,400,481
Diversified REITs – 0.2%  
Essential Properties Realty Trust, Inc. 87,091 2,644,083
WP Carey, Inc. 106,384 7,229,857
Health care REITs – 0.7%  
Alexandria Real Estate Equities, Inc. 47,511 2,205,461
American Healthcare REIT, Inc. 82,158 3,874,571
CareTrust REIT, Inc. 99,713 3,654,481
Healthcare Realty Trust, Inc. 170,783 2,901,603
Healthpeak Properties, Inc. 334,088 5,489,066
Omega Healthcare Investors, Inc. 142,247 6,233,264
Ventas, Inc. 125,960 10,301,009
Hotel and resort REITs – 0.2%  
Host Hotels & Resorts, Inc. 331,277 6,347,267
Ryman Hospitality Properties, Inc. 26,458 2,441,280
Industrial REITs – 0.4%  
EastGroup Properties, Inc. 25,877 4,789,574
First Industrial Realty Trust, Inc. 64,429 3,727,218
Lineage, Inc. 16,690 546,764
Rexford Industrial Realty, Inc. 112,607 3,685,627
STAG Industrial, Inc. 93,140 3,358,628
Terreno Realty Corp. 47,831 2,937,780
Office REITs – 0.1%  
BXP, Inc. 76,855 3,988,775
Real estate management and development – 0.8%  
CBRE Group, Inc., Class A (A) 117,384 15,900,837
Compass, Inc., Class A (A) 260,964 1,907,647
CoStar Group, Inc. (A) 76,990 3,105,777
Jones Lang LaSalle, Inc. (A) 50,237 15,288,124
Zillow Group, Inc., Class A (A) 18,039 746,634
Zillow Group, Inc., Class C (A) 83,038 3,436,112
Residential REITs – 1.2%  
American Homes 4 Rent, Class A 150,658 4,206,371
AvalonBay Communities, Inc. 40,428 6,603,914
Camden Property Trust 50,196 4,902,141
Equity LifeStyle Properties, Inc. 87,657 5,471,550
Equity Residential 107,114 6,335,793
Essex Property Trust, Inc. 27,603 6,679,926
Invitation Homes, Inc. 171,070 4,251,090
Mid-America Apartment Communities, Inc. 50,154 6,124,806
Sun Communities, Inc. 57,810 7,281,748
UDR, Inc. 159,761 5,396,727
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 36
Table of Contents
MULTIFACTOR MID CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Real estate (continued)  
Retail REITs – 0.6%  
Agree Realty Corp. 55,734 $4,201,229
Brixmor Property Group, Inc. 148,223 4,268,822
Federal Realty Investment Trust 41,701 4,429,063
Kimco Realty Corp. 322,858 7,254,619
NNN REIT, Inc. 91,557 3,848,141
Regency Centers Corp. 88,330 6,683,048
Specialized REITs – 1.2%  
CubeSmart 109,957 4,029,924
Extra Space Storage, Inc. 79,595 10,437,292
Gaming and Leisure Properties, Inc. 132,009 5,857,239
Iron Mountain, Inc. 120,689 12,327,174
Lamar Advertising Company, Class A 45,861 5,808,754
Rayonier, Inc. 103,578 2,135,778
SBA Communications Corp. 30,571 5,261,575
VICI Properties, Inc. 297,134 8,117,701
Weyerhaeuser Company 235,146 5,744,617
Utilities – 5.9% 287,655,852
Electric utilities – 3.2%  
Alliant Energy Corp. 97,617 7,004,996
Edison International 266,064 19,470,564
Entergy Corp. 214,876 24,143,467
Evergy, Inc. 160,759 13,169,377
Eversource Energy 247,563 17,151,165
FirstEnergy Corp. 291,326 14,758,575
IDACORP, Inc. 28,320 4,048,910
NRG Energy, Inc. 106,271 15,530,444
OGE Energy Corp. 180,232 8,643,927
Oklo, Inc. (A)(B) 49,842 2,471,665
PG&E Corp. 551,641 9,692,332
Pinnacle West Capital Corp. 112,952 11,379,914
PPL Corp. 286,204 10,932,993
Gas utilities – 0.5%  
Atmos Energy Corp. 60,558 11,186,274
National Fuel Gas Company 79,084 7,430,733
UGI Corp. 188,962 6,881,996
Independent power and renewable electricity producers –
0.2% 		 
Clearway Energy, Inc., Class A 7,686 301,061
Clearway Energy, Inc., Class C 21,752 854,636
Talen Energy Corp. (A) 14,118 4,506,889
The AES Corp. 409,801 5,774,096
Multi-utilities – 1.6%  
Ameren Corp. 120,246 13,217,440
CenterPoint Energy, Inc. 348,981 15,062,020
CMS Energy Corp. 133,328 10,343,586
DTE Energy Company 86,451 12,640,865
NiSource, Inc. 250,332 11,680,491
WEC Energy Group, Inc. 110,119 12,748,477
MULTIFACTOR MID CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Utilities (continued)  
Water utilities – 0.4%  
American Water Works Company, Inc. 67,591 $9,198,459
Essential Utilities, Inc. 184,517 7,430,500
SHORT-TERM INVESTMENTS – 0.2%   $10,816,777
(Cost $10,816,004)    
Short-term funds – 0.2% 10,816,777
John Hancock Collateral Trust, 3.6657% (D)(E) 665,912 6,660,257
State Street Institutional U.S. Government Money Market Fund, Premier Class, 3.5918% (D) 4,156,520 4,156,520
Total investments (Multifactor Mid Cap ETF) (Cost $4,067,234,277) 100.1% $4,895,421,330
Other assets and liabilities, net (0.1%)   (4,184,835)
Total net assets 100.0%   $4,891,236,495
    
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund.
Security Abbreviations and Legend
(A) Non-income producing security.
(B) All or a portion of this security is on loan as of 3-31-26.
(C) Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. Refer to Note 2 to the financial statements.
(D) The rate shown is the annualized seven-day yield as of 3-31-26.
(E) Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.
MULTIFACTOR SMALL CAP ETF
As of 3-31-26
  Shares or
Principal
Amount 		Value
COMMON STOCKS – 99.8%   $663,954,377
(Cost $635,296,789)    
Communication services – 3.1% 20,366,363
Diversified telecommunication services – 0.8%  
Globalstar, Inc. (A) 15,072 1,001,082
Liberty Global, Ltd., Class A (A) 69,769 843,507
Liberty Global, Ltd., Class C (A) 64,817 760,303
Lumen Technologies, Inc. (A) 400,733 2,785,094
Entertainment – 0.7%  
Cinemark Holdings, Inc. 30,965 883,122
Madison Square Garden Sports Corp. (A) 7,654 2,459,996
Sphere Entertainment Company (A)(B) 7,555 886,957
Interactive media and services – 0.4%  
CarGurus, Inc. (A) 20,775 707,389
Match Group, Inc. 64,358 1,976,434
Media – 1.0%  
Liberty Broadband Corp., Series A (A) 4,425 222,224
Liberty Broadband Corp., Series C (A) 31,650 1,591,995
Nexstar Media Group, Inc. 11,493 2,078,279
NIQ Global Intelligence PLC (A)(B) 24,359 276,962
Sirius XM Holdings, Inc. 47,454 1,095,238
37 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
MULTIFACTOR SMALL CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Communication services (continued)  
Media (continued)  
Versant Media Group, Inc. (A) 37,236 $1,378,477
Wireless telecommunication services – 0.2%  
Array Digital Infrastructure, Inc. 4,686 216,212
Telephone & Data Systems, Inc. 28,577 1,203,092
Consumer discretionary – 14.1% 93,521,083
Automobile components – 1.4%  
Dana, Inc. 28,894 972,283
Dorman Products, Inc. (A) 8,423 879,024
Garrett Motion, Inc. 45,342 823,864
Gentex Corp. 67,315 1,470,833
LCI Industries 6,053 744,398
Lear Corp. 22,343 2,705,290
Patrick Industries, Inc. 9,790 1,087,375
QuantumScape Corp. (A)(B) 140,027 893,372
Automobiles – 0.3%  
Thor Industries, Inc. 21,743 1,737,048
Broadline retail – 0.8%  
Etsy, Inc. (A) 39,522 1,975,310
Macy’s, Inc. 82,433 1,491,213
Ollie’s Bargain Outlet Holdings, Inc. (A) 23,047 2,121,246
Diversified consumer services – 1.5%  
ADT, Inc. 230,595 1,515,009
Bright Horizons Family Solutions, Inc. (A) 11,165 916,981
Covista, Inc. (A) 9,786 1,127,837
frontdoor, Inc. (A) 21,401 1,131,257
Graham Holdings Company, Class B 971 1,026,599
Grand Canyon Education, Inc. (A) 7,792 1,324,874
H&R Block, Inc. 26,163 830,414
Laureate Education, Inc. (A) 36,758 1,280,649
Stride, Inc. (A) 11,136 981,861
Hotels, restaurants and leisure – 2.8%  
Brinker International, Inc. (A) 13,569 1,937,246
Caesars Entertainment, Inc. (A) 58,961 1,558,339
Choice Hotels International, Inc. (B) 10,844 1,122,354
Churchill Downs, Inc. 17,763 1,595,650
Hilton Grand Vacations, Inc. (A) 19,468 761,588
Life Time Group Holdings, Inc. (A) 43,010 1,158,689
Planet Fitness, Inc., Class A (A) 21,467 1,596,715
Rush Street Interactive, Inc. (A) 27,220 592,035
Shake Shack, Inc., Class A (A) 11,735 1,038,195
The Cheesecake Factory, Inc. 13,617 745,531
Travel + Leisure Company 18,171 1,257,251
Vail Resorts, Inc. (B) 14,554 1,867,569
Wingstop, Inc. 7,911 1,225,968
Wyndham Hotels & Resorts, Inc. 22,100 1,795,183
Household durables – 1.6%  
Cavco Industries, Inc. (A) 2,399 1,161,812
Champion Homes, Inc. (A) 24,013 1,785,847
MULTIFACTOR SMALL CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Consumer discretionary (continued)  
Household durables (continued)  
Green Brick Partners, Inc. (A) 5,723 $368,847
Installed Building Products, Inc. 8,938 2,369,911
Mohawk Industries, Inc. (A) 15,417 1,517,958
Taylor Morrison Home Corp. (A) 38,242 2,227,214
Whirlpool Corp. (B) 26,537 1,430,875
Leisure products – 1.0%  
Acushnet Holdings Corp. 8,560 800,189
Brunswick Corp. 27,757 2,019,599
Mattel, Inc. (A) 133,052 1,933,246
Polaris, Inc. 16,241 885,135
YETI Holdings, Inc. (A) 22,868 836,740
Specialty retail – 3.7%  
Abercrombie & Fitch Company, Class A (A) 19,453 1,777,421
Academy Sports & Outdoors, Inc. 20,241 1,142,604
Advance Auto Parts, Inc. (B) 17,742 935,891
American Eagle Outfitters, Inc. 45,300 756,510
Asbury Automotive Group, Inc. (A) 8,250 1,612,133
AutoNation, Inc. (A) 12,825 2,504,210
Bath & Body Works, Inc. 79,283 1,480,214
Boot Barn Holdings, Inc. (A) 9,372 1,371,686
Floor & Decor Holdings, Inc., Class A (A)(B) 30,076 1,527,861
Group 1 Automotive, Inc. 5,040 1,666,375
Lithia Motors, Inc. 6,450 1,610,694
Murphy USA, Inc. 4,763 2,352,779
RH (A) 4,513 631,008
Signet Jewelers, Ltd. 11,073 937,219
Urban Outfitters, Inc. (A) 19,254 1,219,741
Valvoline, Inc. (A) 53,578 1,804,507
Victoria’s Secret & Company (A) 21,114 978,845
Textiles, apparel and luxury goods – 1.0%  
Birkenstock Holding PLC (A)(B) 11,554 413,980
Columbia Sportswear Company 7,677 420,776
Crocs, Inc. (A) 15,887 1,318,939
Kontoor Brands, Inc. 13,921 978,507
PVH Corp. 20,964 1,462,449
VF Corp. 117,146 1,990,311
Consumer staples – 2.7% 17,945,061
Beverages – 0.1%  
National Beverage Corp. (A) 6,830 229,830
The Vita Coco Company, Inc. (A) 13,521 647,791
Consumer staples distribution and retail – 0.2%  
PriceSmart, Inc. 7,589 1,142,145
Food products – 1.9%  
Cal-Maine Foods, Inc. 12,805 1,013,516
Darling Ingredients, Inc. (A) 61,472 3,802,031
Freshpet, Inc. (A) 21,226 1,251,485
Ingredion, Inc. 17,287 1,947,553
Lamb Weston Holdings, Inc. 39,022 1,649,070
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 38
Table of Contents
MULTIFACTOR SMALL CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Consumer staples (continued)  
Food products (continued)  
Post Holdings, Inc. (A) 19,207 $1,898,804
Seaboard Corp. 72 407,089
The Marzetti Company 5,890 814,764
Tootsie Roll Industries, Inc. 3,460 147,809
Household products – 0.2%  
Reynolds Consumer Products, Inc. 24,055 509,485
WD-40 Company 3,902 795,774
Personal care products – 0.3%  
e.l.f. Beauty, Inc. (A) 19,120 1,158,863
Interparfums, Inc. 5,824 529,052
Energy – 7.3% 48,554,636
Energy equipment and services – 3.2%  
Archrock, Inc. 49,974 1,739,095
Cactus, Inc., Class A 22,523 1,066,915
Helmerich & Payne, Inc. 24,202 871,998
Kodiak Gas Services, Inc. 23,640 1,378,685
Liberty Energy, Inc. 41,607 1,198,282
Noble Corp. PLC 54,229 2,661,017
NOV, Inc. 151,500 2,849,715
Oceaneering International, Inc. (A) 25,993 921,972
Patterson-UTI Energy, Inc. 95,691 1,036,334
Solaris Energy Infrastructure, Inc. 14,090 796,226
Tidewater, Inc. (A) 2,796 233,606
Transocean, Ltd. (A) 282,865 1,875,395
Valaris, Ltd. (A) 17,648 1,730,210
WaterBridge Infrastructure LLC, Class A 8,809 235,993
Weatherford International PLC 28,368 2,683,045
Oil, gas and consumable fuels – 4.1%  
BKV Corp. (A) 5,000 142,600
California Resources Corp. 22,675 1,569,564
Centrus Energy Corp., Class A (A) 5,382 934,261
Chord Energy Corp. 16,443 2,337,866
CNX Resources Corp. (A) 40,615 1,565,708
Comstock Resources, Inc. (A) 22,636 477,167
Core Natural Resources, Inc. 11,385 1,192,351
Crescent Energy Company, Class A 71,357 963,320
Excelerate Energy, Inc., Class A 6,597 220,472
Gulfport Energy Corp. (A) 2,980 630,479
International Seaways, Inc. 12,833 935,269
Kinetik Holdings, Inc. (B) 13,239 640,900
Magnolia Oil & Gas Corp., Class A 78,155 2,467,353
Matador Resources Company 45,888 2,899,204
Murphy Oil Corp. 56,325 2,323,406
PBF Energy, Inc., Class A 22,140 1,054,307
Peabody Energy Corp. 29,307 965,666
Scorpio Tankers, Inc. 11,897 888,230
SM Energy Company 99,610 3,105,840
Uranium Energy Corp. (A) 145,347 1,962,185
MULTIFACTOR SMALL CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Financials – 18.2% $121,241,077
Banks – 7.3%  
Ameris Bancorp 19,224 1,499,280
Associated Banc-Corp. 49,577 1,282,061
Atlantic Union Bankshares Corp. 41,880 1,496,791
Axos Financial, Inc. (A) 15,950 1,357,186
BancFirst Corp. 5,725 621,163
Bank OZK 42,372 1,944,451
BankUnited, Inc. 21,000 948,360
BOK Financial Corp. 8,899 1,139,606
Cathay General Bancorp 19,424 968,481
Columbia Banking System, Inc. 84,447 2,316,381
Commerce Bancshares, Inc. 38,112 1,875,110
Community Financial System, Inc. 15,809 927,198
Eastern Bankshares, Inc. 66,462 1,299,997
First BanCorp 46,349 990,015
First Financial Bankshares, Inc. 52,779 1,554,342
First Hawaiian, Inc. 33,118 816,028
First Interstate BancSystem, Inc., Class A 25,784 861,186
Flagstar Bank NA 102,255 1,346,698
FNB Corp. 140,197 2,344,094
Fulton Financial Corp. 53,647 1,091,180
Glacier Bancorp, Inc. 46,065 2,057,724
Hancock Whitney Corp. 24,469 1,555,984
Home BancShares, Inc. 73,389 1,976,366
Independent Bank Corp. 14,426 1,084,979
International Bancshares Corp. 16,898 1,137,066
Nicolet Bankshares, Inc. 4,549 676,072
Prosperity Bancshares, Inc. 35,809 2,405,649
Renasant Corp. 26,400 953,832
ServisFirst Bancshares, Inc. 15,571 1,134,036
Texas Capital Bancshares, Inc. (A) 13,282 1,260,196
TFS Financial Corp. (B) 24,399 342,806
United Bankshares, Inc. 56,687 2,347,976
United Community Banks, Inc. 36,101 1,136,820
Valley National Bancorp 145,681 1,788,963
WesBanco, Inc. 27,032 932,334
WSFS Financial Corp. 15,804 1,034,530
Capital markets – 3.6%  
Affiliated Managers Group, Inc. 10,117 2,799,374
Artisan Partners Asset Management, Inc., Class A 20,936 761,861
BGC Group, Inc., Class A 149,622 1,463,303
Bullish (A) 7,048 251,825
Cohen & Steers, Inc. 8,253 516,225
Federated Hermes, Inc. 22,346 1,267,242
Hamilton Lane, Inc., Class A 10,261 1,019,943
Janus Henderson Group PLC 50,627 2,600,709
Lazard, Inc. 45,699 1,941,294
MarketAxess Holdings, Inc. 9,433 1,556,256
Miami International Holdings, Inc. (A) 4,405 171,443
Moelis & Company, Class A 22,557 1,285,749
39 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
MULTIFACTOR SMALL CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Financials (continued)  
Capital markets (continued)  
Piper Sandler Companies 27,782 $2,126,712
PJT Partners, Inc., Class A 9,797 1,368,837
StepStone Group, Inc., Class A 20,432 975,015
StoneX Group, Inc. (A) 21,220 1,711,393
Victory Capital Holdings, Inc., Class A 16,418 1,075,051
Virtu Financial, Inc., Class A 24,463 1,075,883
Consumer finance – 1.5%  
Bread Financial Holdings, Inc. 8,200 614,098
Credit Acceptance Corp. (A)(B) 1,983 839,721
Enova International, Inc. (A) 6,749 916,717
Figure Technology Solutions, Inc., Class A (A) 9,801 332,744
FirstCash Holdings, Inc. 15,161 2,850,268
Nelnet, Inc., Class A 3,887 501,268
OneMain Holdings, Inc. 43,990 2,353,025
SLM Corp. 75,427 1,614,892
Financial services – 2.6%  
Enact Holdings, Inc. 12,340 503,595
Essent Group, Ltd. 37,919 2,215,986
Jackson Financial, Inc., Class A 26,019 2,750,729
MGIC Investment Corp. 87,100 2,286,375
NCR Atleos Corp. (A) 17,719 772,194
NMI Holdings, Inc. (A) 14,138 530,316
Paymentus Holdings, Inc., Class A (A) 8,937 227,000
PennyMac Financial Services, Inc. 11,842 1,034,991
Radian Group, Inc. 39,343 1,301,466
Remitly Global, Inc. (A) 47,050 737,274
The Western Union Company (B) 82,187 717,493
UWM Holdings Corp. 65,794 238,174
Voya Financial, Inc. 35,240 2,407,597
WEX, Inc. (A) 9,589 1,467,501
Insurance – 3.2%  
Assured Guaranty, Ltd. 12,847 1,046,774
Axis Capital Holdings, Ltd. 28,286 2,868,483
Brighthouse Financial, Inc. (A) 14,994 897,841
F&G Annuities & Life, Inc. 8,371 211,954
First American Financial Corp. 37,738 2,275,224
Genworth Financial, Inc. (A) 116,477 945,793
Hagerty, Inc., Class A (A) 14,410 151,737
Lincoln National Corp. 63,135 2,241,293
Mercury General Corp. 8,031 707,933
Oscar Health, Inc., Class A (A) 70,004 802,946
Palomar Holdings, Inc. (A) 7,870 940,465
RLI Corp. 34,673 1,977,748
Selective Insurance Group, Inc. 25,275 1,905,482
The Baldwin Insurance Group, Inc. (A)(B) 32,398 710,812
The Hanover Insurance Group, Inc. 12,947 2,244,362
White Mountains Insurance Group, Ltd. 740 1,625,750
MULTIFACTOR SMALL CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Health care – 7.6% $50,411,106
Biotechnology – 2.4%  
ACADIA Pharmaceuticals, Inc. (A) 41,895 932,583
ADMA Biologics, Inc. (A) 66,744 601,363
Akero Therapeutics, Inc. (A)(C) 20,514 13,334
Alkermes PLC (A) 51,569 1,823,480
Caris Life Sciences, Inc. (A)(B) 27,330 488,660
CRISPR Therapeutics AG (A) 28,845 1,372,157
Cytokinetics, Inc. (A) 36,741 2,421,599
Denali Therapeutics, Inc. (A) 38,202 733,478
Immunovant, Inc. (A)(B) 23,158 575,245
Krystal Biotech, Inc. (A) 11,089 2,864,510
PTC Therapeutics, Inc. (A) 26,188 1,784,188
TG Therapeutics, Inc. (A) 45,140 1,499,551
Viking Therapeutics, Inc. (A)(B) 31,432 1,022,797
Health care equipment and supplies – 1.7%  
Dentsply Sirona, Inc. 92,283 1,070,483
Envista Holdings Corp. (A) 50,997 1,293,794
ICU Medical, Inc. (A) 7,794 1,006,595
Integer Holdings Corp. (A) 9,377 825,176
Lantheus Holdings, Inc. (A) 24,902 1,888,817
LivaNova PLC (A) 16,395 1,042,066
Merit Medical Systems, Inc. (A) 24,682 1,701,330
Teleflex, Inc. 11,935 1,427,545
TransMedics Group, Inc. (A) 9,506 944,991
Health care providers and services – 1.6%  
Alignment Healthcare, Inc. (A) 44,751 788,513
BrightSpring Health Services, Inc. (A) 23,085 983,652
Brookdale Senior Living, Inc. (A) 62,547 855,643
Chemed Corp. 3,881 1,466,009
Concentra Group Holdings Parent, Inc. 33,419 716,838
HealthEquity, Inc. (A) 21,351 1,784,303
Option Care Health, Inc. (A) 69,405 1,868,383
PACS Group, Inc. (A) 10,836 348,052
Privia Health Group, Inc. (A) 23,874 491,088
RadNet, Inc. (A) 27,740 1,550,389
Health care technology – 0.1%  
Waystar Holding Corp. (A) 16,970 409,147
Life sciences tools and services – 0.8%  
Bio-Rad Laboratories, Inc., Class A (A) 4,882 1,360,858
Bruker Corp. 28,255 1,020,571
Repligen Corp. (A) 16,576 1,952,984
Sotera Health Company (A) 66,706 956,564
Pharmaceuticals – 1.0%  
Amneal Pharmaceuticals, Inc. (A) 50,916 632,886
Corcept Therapeutics, Inc. (A) 23,731 956,597
Crinetics Pharmaceuticals, Inc. (A) 31,010 1,126,283
Edgewise Therapeutics, Inc. (A) 25,336 798,084
Indivior Pharmaceuticals, Inc. (A) 34,957 1,065,489
Ligand Pharmaceuticals, Inc. (A) 5,475 1,093,084
Prestige Consumer Healthcare, Inc. (A) 14,374 851,947
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 40
Table of Contents
MULTIFACTOR SMALL CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Industrials – 18.0% $120,055,064
Aerospace and defense – 1.2%  
AAR Corp. (A) 10,350 1,132,911
Archer Aviation, Inc., Class A (A)(B) 146,979 759,881
Hexcel Corp. 31,141 2,520,241
Loar Holdings, Inc. (A) 13,058 748,093
Mercury Systems, Inc. (A) 15,629 1,139,510
VSE Corp. 7,824 1,442,746
Air freight and logistics – 0.4%  
GXO Logistics, Inc. (A) 46,381 2,404,855
Building products – 3.2%  
AAON, Inc. (B) 29,532 2,443,773
Armstrong World Industries, Inc. 15,913 2,622,462
AZZ, Inc. 9,176 1,148,193
CSW Industrials, Inc. 7,590 1,977,802
Fortune Brands Innovations, Inc. 37,155 1,447,930
Griffon Corp. 13,601 988,521
Hayward Holdings, Inc. (A) 64,834 867,479
Resideo Technologies, Inc. (A) 40,653 1,370,413
Simpson Manufacturing Company, Inc. 12,714 2,181,977
Trex Company, Inc. (A) 42,955 1,564,421
UFP Industries, Inc. 23,985 2,209,498
Zurn Elkay Water Solutions Corp. 62,461 2,800,751
Commercial services and supplies – 1.4%  
Brady Corp., Class A 13,174 1,070,256
Casella Waste Systems, Inc., Class A (A) 25,060 1,988,260
HNI Corp. 18,496 617,581
MSA Safety, Inc. 14,588 2,391,703
OPENLANE, Inc. (A) 19,716 574,721
The Brink’s Company 16,102 1,668,650
UniFirst Corp. 4,447 1,118,821
Construction and engineering – 2.5%  
Arcosa, Inc. 14,354 1,523,534
Argan, Inc. 4,013 2,185,680
Construction Partners, Inc., Class A (A) 12,744 1,416,113
Everus Construction Group, Inc. (A) 15,569 1,838,076
Fluor Corp. (A) 47,920 2,235,468
Granite Construction, Inc. 13,442 1,611,427
Legence Corp., Class A (A) 10,134 572,166
MYR Group, Inc. (A) 4,044 1,141,702
Primoris Services Corp. 14,449 2,066,785
Tutor Perini Corp. 14,325 1,105,747
WillScot Holdings Corp. 55,897 970,372
Electrical equipment – 1.0%  
EnerSys 11,268 1,957,477
Powell Industries, Inc. 2,868 1,551,817
Sensata Technologies Holding PLC 65,383 2,302,789
Sunrun, Inc. (A) 46,464 630,052
Ground transportation – 1.2%  
Avis Budget Group, Inc. (A)(B) 4,934 719,624
Landstar System, Inc. 14,555 2,333,312
MULTIFACTOR SMALL CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Industrials (continued)  
Ground transportation (continued)  
Lyft, Inc., Class A (A) 117,255 $1,559,492
Ryder System, Inc. 14,955 3,061,438
Schneider National, Inc., Class B 12,553 330,897
Machinery – 3.2%  
Alliance Laundry Holdings, Inc. (A) 9,824 203,750
Atmus Filtration Technologies, Inc. 25,480 1,446,500
Enpro, Inc. 6,477 1,623,460
Esab Corp. 23,916 2,311,721
ESCO Technologies, Inc. 7,834 2,204,253
Federal Signal Corp. 22,014 2,380,594
Franklin Electric Company, Inc. 11,560 1,065,485
Gates Industrial Corp. PLC (A) 79,960 1,807,896
Kadant, Inc. 3,501 1,023,517
Mueller Water Products, Inc., Class A 48,142 1,323,424
Terex Corp. 31,962 1,888,954
The Middleby Corp. (A) 9,237 1,224,641
The Timken Company 26,707 2,685,923
Marine transportation – 0.2%  
Kirby Corp. (A) 6,069 806,449
Matson, Inc. 2,311 378,865
Passenger airlines – 0.2%  
Alaska Air Group, Inc. (A) 8,584 315,720
Copa Holdings SA, Class A 9,755 1,108,266
SkyWest, Inc. (A) 3,189 292,846
Professional services – 2.1%  
Amentum Holdings, Inc. (A) 43,207 1,126,839
ExlService Holdings, Inc. (A) 57,815 1,760,467
Exponent, Inc. 21,021 1,371,620
FTI Consulting, Inc. (A) 9,158 1,618,860
Genpact, Ltd. 45,044 1,677,889
KBR, Inc. 39,373 1,451,289
Korn Ferry 15,770 992,722
Maximus, Inc. 23,323 1,495,004
Parsons Corp. (A) 14,131 765,476
Science Applications International Corp. 19,008 1,804,239
Trading companies and distributors – 1.4%  
Boise Cascade Company 16,848 1,277,921
GATX Corp. 14,030 2,395,482
Herc Holdings, Inc. 10,149 1,010,333
MSC Industrial Direct Company, Inc., Class A 13,368 1,233,465
Rush Enterprises, Inc., Class A 18,181 1,201,946
Rush Enterprises, Inc., Class B 2,310 148,649
SiteOne Landscape Supply, Inc. (A) 17,393 2,315,182
Information technology – 12.2% 81,218,041
Communications equipment – 0.8%  
Calix, Inc. (A) 17,050 835,280
Viasat, Inc. (A) 37,547 1,719,653
Viavi Solutions, Inc. (A) 54,682 1,819,817
41 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
MULTIFACTOR SMALL CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Information technology (continued)  
Communications equipment (continued)  
Vistance Networks, Inc. (A) 62,431 $1,136,244
Electronic equipment, instruments and components – 3.8%  
Arrow Electronics, Inc. (A) 20,688 2,966,866
Avnet, Inc. 36,216 2,231,630
Badger Meter, Inc. 12,267 1,868,877
Belden, Inc. 12,330 1,415,854
IPG Photonics Corp. (A) 7,100 813,589
Itron, Inc. (A) 13,572 1,216,458
Littelfuse, Inc. 9,749 3,308,323
Mirion Technologies, Inc. (A) 69,439 1,290,871
Novanta, Inc. (A)(B) 14,767 1,744,130
OSI Systems, Inc. (A) 4,727 1,255,066
Plexus Corp. (A) 8,074 1,635,308
Ralliant Corp. 32,657 1,358,205
Sanmina Corp. (A) 16,144 2,092,908
Vontier Corp. 58,070 2,059,743
IT services – 0.8%  
Amdocs, Ltd. 29,270 1,910,160
DigitalOcean Holdings, Inc. (A)(B) 20,268 1,738,589
EPAM Systems, Inc. (A) 13,990 1,894,246
Semiconductors and semiconductor equipment – 2.2%  
Cirrus Logic, Inc. (A) 20,801 3,008,241
Enphase Energy, Inc. (A) 33,250 1,257,183
FormFactor, Inc. (A) 21,990 2,132,810
Kulicke & Soffa Industries, Inc. 14,025 921,723
Qorvo, Inc. (A) 28,428 2,200,327
Semtech Corp. (A) 23,535 1,809,606
Silicon Laboratories, Inc. (A) 9,905 2,061,726
Universal Display Corp. 13,200 1,209,912
Software – 4.6%  
ACI Worldwide, Inc. (A) 40,548 1,662,873
Appfolio, Inc., Class A (A) 5,690 897,996
BILL Holdings, Inc. (A) 40,554 1,553,218
Box, Inc., Class A (A) 41,410 978,932
CCC Intelligent Solutions Holdings, Inc. (A) 235,236 1,411,416
Clear Secure, Inc., Class A 27,684 1,340,182
Clearwater Analytics Holdings, Inc., Class A (A) 76,680 1,813,482
CommVault Systems, Inc. (A) 15,723 1,224,664
Core Scientific, Inc. (A)(B) 87,631 1,310,960
Dolby Laboratories, Inc., Class A 26,381 1,584,443
Dropbox, Inc., Class A (A) 38,877 883,285
Gitlab, Inc., Class A (A) 476 10,301
Hut 8 Corp. (A)(B) 29,887 1,401,999
JFrog, Ltd. (A) 25,695 1,205,866
Life360, Inc. (A)(B) 24,279 991,069
MARA Holdings, Inc. (A)(B) 102,813 838,954
Netskope, Inc., Class A (A) 12,971 110,124
Pegasystems, Inc. 23,402 995,989
Pivotal Software, Inc. (A)(C) 33,553 0
MULTIFACTOR SMALL CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Information technology (continued)  
Software (continued)  
Q2 Holdings, Inc. (A) 10,639 $503,225
Qualys, Inc. (A) 10,203 896,334
Riot Platforms, Inc. (A) 117,216 1,448,790
SailPoint, Inc. (A) 17,745 234,944
SentinelOne, Inc., Class A (A) 97,606 1,257,165
ServiceTitan, Inc., Class A (A) 14,334 909,636
UiPath, Inc., Class A (A)(B) 115,566 1,282,783
Unity Software, Inc. (A) 84,380 1,851,297
Workiva, Inc. (A) 15,073 898,803
Zeta Global Holdings Corp., Class A (A) 50,626 805,966
Materials – 5.5% 36,956,130
Chemicals – 2.8%  
Avient Corp. 28,613 1,038,652
Axalta Coating Systems, Ltd. (A) 66,571 1,844,017
Balchem Corp. 13,353 2,263,066
Cabot Corp. 23,027 1,734,163
Celanese Corp. 28,457 1,871,617
Eastman Chemical Company 4,083 311,615
Element Solutions, Inc. 95,760 3,269,246
Hawkins, Inc. 3,586 550,810
HB Fuller Company 16,799 1,036,162
NewMarket Corp. 3,115 1,996,559
Perimeter Solutions, Inc. (A) 39,857 973,308
Sensient Technologies Corp. 13,208 1,141,700
The Scotts Miracle-Gro Company 13,715 834,009
Construction materials – 0.5%  
Eagle Materials, Inc. 9,690 1,835,771
Knife River Corp. (A) 17,421 1,422,425
United States Lime & Minerals, Inc. 2,956 386,083
Containers and packaging – 0.8%  
Graphic Packaging Holding Company 66,398 659,996
Greif, Inc., Class A 7,185 481,898
Greif, Inc., Class B (B) 1,133 99,183
Silgan Holdings, Inc. (B) 39,377 1,527,828
Sonoco Products Company 43,102 2,331,387
Metals and mining – 1.1%  
Century Aluminum Company (A) 15,154 889,388
Cleveland-Cliffs, Inc. (A) 193,371 1,633,985
Commercial Metals Company 44,456 2,730,932
Materion Corp. 5,398 780,821
Warrior Met Coal, Inc. 15,488 1,442,707
Paper and forest products – 0.3%  
Louisiana-Pacific Corp. 25,688 1,868,802
Real estate – 6.1% 40,384,788
Diversified REITs – 0.5%  
Broadstone Net Lease, Inc. 57,444 1,049,502
Essential Properties Realty Trust, Inc. 75,755 2,299,922
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 42
Table of Contents
MULTIFACTOR SMALL CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Real estate (continued)  
Health care REITs – 0.8%  
Healthcare Realty Trust, Inc. 135,142 $2,296,063
Medical Properties Trust, Inc. 144,848 670,646
National Health Investors, Inc. 13,568 1,097,108
Sabra Health Care REIT, Inc. 75,955 1,460,615
Hotel and resort REITs – 0.3%  
Ryman Hospitality Properties, Inc. 23,571 2,174,896
Industrial REITs – 1.1%  
Americold Realty Trust, Inc. 90,906 1,041,783
First Industrial Realty Trust, Inc. 30,640 1,772,524
STAG Industrial, Inc. 58,694 2,116,506
Terreno Realty Corp. 39,298 2,413,683
Office REITs – 0.8%  
COPT Defense Properties 33,757 1,032,964
Cousins Properties, Inc. 50,564 1,141,229
Kilroy Realty Corp. 35,399 998,606
Vornado Realty Trust 65,048 1,690,598
Real estate management and development – 0.4%  
Cushman & Wakefield, Ltd. (A) 42,872 525,611
Howard Hughes Holdings, Inc. (A) 9,571 605,461
Landbridge Company LLC, Class A 5,963 411,745
Newmark Group, Inc., Class A 42,385 635,351
The St. Joe Company 10,654 669,071
Residential REITs – 0.2%  
Independence Realty Trust, Inc. 71,804 1,069,162
Retail REITs – 1.2%  
Curbline Properties Corp. 27,031 697,129
Kite Realty Group Trust 90,759 2,228,133
NNN REIT, Inc. 7,287 306,273
Phillips Edison & Company, Inc. 52,344 1,958,712
Tanger, Inc. 33,699 1,145,092
The Macerich Company 80,130 1,514,457
Specialized REITs – 0.8%  
EPR Properties 22,628 1,130,495
National Storage Affiliates Trust 30,074 1,134,993
Outfront Media, Inc. 49,259 1,305,364
Rayonier, Inc. 86,862 1,791,094
Utilities – 5.0% 33,301,028
Electric utilities – 1.4%  
IDACORP, Inc. 20,671 2,955,333
MGE Energy, Inc. 9,952 769,190
Otter Tail Corp. 12,347 1,083,696
Portland General Electric Company 46,229 2,439,504
TXNM Energy, Inc. 32,539 1,902,230
Gas utilities – 2.4%  
Chesapeake Utilities Corp. 6,916 873,975
MDU Resources Group, Inc. 86,817 1,798,848
National Fuel Gas Company 32,683 3,070,895
MULTIFACTOR SMALL CAP ETF (continued)
  Shares or
Principal
Amount 		Value
Utilities (continued)  
Gas utilities (continued)  
New Jersey Resources Corp. 29,978 $1,646,392
ONE Gas, Inc. 18,873 1,625,531
Southwest Gas Holdings, Inc. 26,144 2,271,914
Spire, Inc. 17,241 1,561,000
UGI Corp. 81,547 2,969,942
Independent power and renewable electricity producers –
0.6% 		 
Clearway Energy, Inc., Class A 17,242 675,369
Clearway Energy, Inc., Class C 31,709 1,245,847
Ormat Technologies, Inc. 17,448 1,952,780
Multi-utilities – 0.5%  
Avista Corp. 25,364 1,018,111
Black Hills Corp. 22,671 1,573,594
Northwestern Energy Group, Inc. 18,369 1,211,252
Water utilities – 0.1%  
American States Water Company 8,670 655,625
SHORT-TERM INVESTMENTS – 1.3%   $8,405,178
(Cost $8,404,353)    
Short-term funds – 1.3% 8,405,178
John Hancock Collateral Trust, 3.6657% (D)(E) 756,285 7,564,134
State Street Institutional U.S. Government Money Market Fund, Premier Class, 3.5918% (D) 841,044 841,044
Total investments (Multifactor Small Cap ETF) (Cost $643,701,142) 101.1% $672,359,555
Other assets and liabilities, net (1.1%)   (7,179,098)
Total net assets 100.0%   $665,180,457
    
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund.
Security Abbreviations and Legend
(A) Non-income producing security.
(B) All or a portion of this security is on loan as of 3-31-26.
(C) Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. Refer to Note 2 to the financial statements.
(D) The rate shown is the annualized seven-day yield as of 3-31-26.
(E) Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.
43 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
Financial statements
STATEMENTS OF ASSETS AND LIABILITIES 3-31-26
  Multifactor Developed International ETF Multifactor Emerging Markets ETF Multifactor Large Cap ETF Multifactor Mid Cap ETF
Assets        
Unaffiliated investments, at value 1,156,389,486 $751,419,257 $1,018,577,644 $4,888,761,073
Affiliated investments, at value 17,047,138 2,366,307 539,509 6,660,257
Total investments, at value 1,173,436,624 753,785,564 1,019,117,153 4,895,421,330
Receivable for futures variation margin — 45,952 — —
Cash — — 786 1,691
Foreign currency, at value 2,066,876 2,332,329 — —
Collateral held at broker for futures contracts — 121,626 — —
Dividends and interest receivable 6,688,184 1,691,290 658,491 4,541,781
Receivable for fund shares sold — 3,295,399 1,955,641 —
Receivable for investments sold 473 1,279,142 — —
Receivable for securities lending income 21,430 10,838 628 14,703
Other assets 67,045 65,119 91,067 344,568
Total assets 1,182,280,632 762,627,259 1,021,823,766 4,900,324,073
Liabilities        
Foreign capital gains tax payable — 4,565,291 — —
Payable for investments purchased 16,833 3,981,498 1,954,730 —
Payable upon return of securities loaned 17,043,095 2,366,308 539,584 6,666,040
Payable to affiliates        
Investment management fees 259,690 25,835 208,365 1,511,686
Accounting and legal services fees 52,403 31,703 47,948 223,795
Other liabilities and accrued expenses 222,448 309,464 184,286 686,057
Total liabilities 17,594,469 11,280,099 2,934,913 9,087,578
Net assets $1,164,686,163 $751,347,160 $1,018,888,853 $4,891,236,495
Net assets consist of        
Paid-in capital $1,105,657,284 $641,674,392 $807,499,612 $4,336,914,988
Total distributable earnings (loss) 59,028,879 109,672,768 211,389,241 554,321,507
Net assets $1,164,686,163 $751,347,160 $1,018,888,853 $4,891,236,495
Unaffiliated investments, at cost $999,690,597 $565,380,905 $732,679,859 $4,060,574,793
Affiliated investments, at cost $17,046,285 $2,366,209 $539,453 $6,659,484
Foreign currency, at cost $2,079,134 $2,333,838 — —
Securities loaned, at value $37,807,392 $17,504,423 $2,539,316 $49,355,847
Net asset value per share        
Based on net asset values and shares outstanding-the fund has an unlimited number of shares authorized with no par value.        
Net assets $1,164,686,163 $751,347,160 $1,018,888,853 $4,891,236,495
Shares outstanding 28,100,000 22,800,000 13,025,000 72,875,000
Net asset value per share $41.45 $32.95 $78.23 $67.12
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 44
Table of Contents
STATEMENTS OF ASSETS AND LIABILITIES 3-31-26
Continued
  Multifactor Small Cap ETF
Assets  
Unaffiliated investments, at value $664,795,421
Affiliated investments, at value 7,564,134
Total investments, at value 672,359,555
Dividends and interest receivable 689,581
Receivable for securities lending income 5,307
Other assets 52,896
Total assets 673,107,339
Liabilities  
Payable for investments purchased 5,338
Payable upon return of securities loaned 7,564,974
Payable to affiliates  
Investment management fees 196,521
Accounting and legal services fees 30,742
Other liabilities and accrued expenses 129,307
Total liabilities 7,926,882
Net assets $665,180,457
Net assets consist of  
Paid-in capital $795,840,535
Total distributable earnings (loss) (130,660,078)
Net assets $665,180,457
Unaffiliated investments, at cost $636,137,833
Affiliated investments, at cost $7,563,309
Securities loaned, at value $13,018,811
Net asset value per share  
Based on net asset values and shares outstanding-the fund has an unlimited number of shares authorized with no par value.  
Net assets $665,180,457
Shares outstanding 15,500,000
Net asset value per share $42.91
45 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
STATEMENTS OF OPERATIONS For the period ended 3-31-26 and the year ended 4-30-25  
  Multifactor Developed International ETF Multifactor Emerging Markets ETF Multifactor Large Cap ETF
  Period ended 3-31-261 Year ended 4-30-25 Period ended 3-31-261 Year ended 4-30-25 Period ended 3-31-261 Year ended 4-30-25
Investment income            
Dividends from unaffiliated investments $24,985,331 $24,312,934 $18,200,373 $22,388,129 $13,433,121 $13,962,418
Interest 22,970 10,208 1,933 — 424 417
Securities lending, net 91,598 112,137 72,825 87,980 8,146 27,300
Less foreign taxes withheld (2,094,140) (2,172,068) (2,611,435) (2,901,698) (3,858) (4,298)
Total investment income 23,005,759 22,263,211 15,663,696 19,574,411 13,437,833 13,985,837
Expenses            
Investment management fees 2,803,253 2,433,173 2,589,377 2,848,592 2,430,320 2,417,917
Accounting and legal services fees 149,946 122,535 110,407 114,649 175,373 164,978
Transfer agent fees 9,167 10,000 9,167 10,000 9,167 10,000
Trustees’ fees 15,012 16,183 11,187 15,415 17,860 21,284
Custodian fees 255,386 233,259 566,698 606,677 160,572 164,772
Printing and postage 41,998 42,459 30,136 28,581 57,113 54,597
Professional fees 94,715 59,132 67,056 57,603 81,950 65,058
Stock exchange listing fees 9,580 10,211 6,694 17,572 9,580 10,211
Other 30,102 31,337 37,671 46,182 36,105 34,603
Total expenses 3,409,159 2,958,289 3,428,393 3,745,271 2,978,040 2,943,420
Less expense reductions (280,837) (244,048) (532,275) (555,625) (266,080) (245,759)
Net expenses 3,128,322 2,714,241 2,896,118 3,189,646 2,711,960 2,697,661
Net investment income 19,877,437 19,548,970 12,767,578 16,384,765 10,725,873 11,288,176
Realized and unrealized gain (loss)            
Net realized gain (loss) on            
Unaffiliated investments and foreign currency transactions (7,633,254) (19,123,924) 29,323,1182 (14,428,846)2 (8,791,152) (7,936,154)
Affiliated investments (2,175) 2,464 (460) (79) (315) 50
Futures contracts 51,075 68,587 8,341 (36,179) (40,802) (89,197)
Redemptions in-kind 49,930,425 61,107,392 13,462,304 10,568,963 58,621,662 45,726,311
  42,346,071 42,054,519 42,793,303 (3,896,141) 49,789,393 37,701,010
Change in net unrealized appreciation (depreciation) of            
Unaffiliated investments and translation of assets and liabilities in foreign currencies 60,080,815 14,755,277 82,000,7693 22,389,970 105,320,587 28,683,353
Affiliated investments (614) 2,070 62 45 53 17
Futures contracts (8,668) 8,668 6,463 — — —
  60,071,533 14,766,015 82,007,294 22,390,015 105,320,640 28,683,370
Net realized and unrealized gain 102,417,604 56,820,534 124,800,597 18,493,874 155,110,033 66,384,380
Increase in net assets from operations $122,295,041 $76,369,504 $137,568,175 $34,878,639 $165,835,906 $77,672,556
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Net of foreign capital gains taxes of $1,491,717 for the period ended 3-31-26 and $2,467,778 for the year ended 4-30-25.
3 Net of $3,207,503 decrease in deferred foreign capital gains taxes.
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 46
Table of Contents
STATEMENTS OF OPERATIONS For the period ended 3-31-26 and the year ended 4-30-25  
Continued
    
  Multifactor Mid Cap ETF Multifactor Small Cap ETF
  Period ended 3-31-261 Year ended 4-30-25 Period ended 3-31-261 Year ended 4-30-25
Investment income        
Dividends from unaffiliated investments $61,256,685 $57,141,507 $9,179,972 $7,128,938
Interest 2,323 3,174 487 593
Securities lending, net 160,133 339,258 63,736 22,979
Less foreign taxes withheld (14,687) (26,692) (6,591) (6,544)
Total investment income 61,404,454 57,457,247 9,237,604 7,145,966
Expenses        
Investment management fees 15,143,756 14,552,638 2,179,542 1,906,633
Accounting and legal services fees 768,217 700,362 104,516 86,969
Transfer agent fees 9,167 10,000 9,167 10,000
Trustees’ fees 78,698 88,470 10,516 11,182
Custodian fees 638,345 639,071 101,202 94,900
Printing and postage 230,682 214,908 36,642 36,204
Professional fees 223,017 154,231 65,279 51,669
Stock exchange listing fees 15,700 15,790 9,580 10,211
Other 108,573 104,509 24,867 22,764
Total expenses 17,216,155 16,479,979 2,541,311 2,230,532
Less expense reductions (366,698) (331,064) (191,051) (177,228)
Net expenses 16,849,457 16,148,915 2,350,260 2,053,304
Net investment income 44,554,997 41,308,332 6,887,344 5,092,662
Realized and unrealized gain (loss)        
Net realized gain (loss) on        
Unaffiliated investments and foreign currency transactions (13,134,142) (59,888,864) (18,331,810) (20,529,575)
Affiliated investments (4,123) 1,558 (1,691) (146)
Futures contracts 127,945 (771,382) 104,616 (31,644)
Redemptions in-kind 417,782,030 215,254,474 77,915,512 59,084,270
  404,771,710 154,595,786 59,686,627 38,522,905
Change in net unrealized appreciation (depreciation) of        
Unaffiliated investments and translation of assets and liabilities in foreign currencies 332,513,431 (24,159,590) 36,335,269 (42,771,438)
Affiliated investments 541 388 776 223
Futures contracts — — (22,124) 22,124
  332,513,972 (24,159,202) 36,313,921 (42,749,091)
Net realized and unrealized gain (loss) 737,285,682 130,436,584 96,000,548 (4,226,186)
Increase in net assets from operations $781,840,679 $171,744,916 $102,887,892 $866,476
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
47 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
STATEMENTS OF CHANGES IN NET ASSETS  
  Multifactor Developed
International ETF 		Multifactor Emerging Markets ETF
  Period ended
3-31-261 		Year ended
4-30-25 		Year ended
4-30-24 		Period ended
3-31-261 		Year ended
4-30-25 		Year ended
4-30-24
Increase (decrease) in net assets            
From operations            
Net investment income $19,877,437 $19,548,970 $16,454,562 $12,767,578 $16,384,765 $16,683,379
Net realized gain (loss) 42,346,071 42,054,519 5,617,026 42,793,303 (3,896,141) (12,260,151)
Change in net unrealized appreciation 60,071,533 14,766,015 36,040,570 82,007,294 22,390,015 66,457,911
Increase in net assets resulting from operations 122,295,041 76,369,504 58,112,158 137,568,175 34,878,639 70,881,139
Distributions to shareholders            
From earnings (27,698,736) (23,913,029) (16,293,074) (15,618,480) (18,742,260) (19,525,171)
Total distributions (27,698,736) (23,913,029) (16,293,074) (15,618,480) (18,742,260) (19,525,171)
From fund share transactions            
Shares issued 500,197,873 100,355,577 236,880,725 142,901,742 16,271,467 15,277,223
Shares repurchased (109,785,187) (177,011,837) (61,499,621) (90,814,254) (133,484,331) (91,615,740)
Total from fund share transactions 390,412,686 (76,656,260) 175,381,104 52,087,488 (117,212,864) (76,338,517)
Total increase (decrease) 485,008,991 (24,199,785) 217,200,188 174,037,183 (101,076,485) (24,982,549)
Net assets            
Beginning of year 679,677,172 703,876,957 486,676,769 577,309,977 678,386,462 703,369,011
End of year $1,164,686,163 $679,677,172 $703,876,957 $751,347,160 $577,309,977 $678,386,462
Share activity            
Shares outstanding            
Beginning of year 18,700,000 21,000,000 15,500,000 21,500,000 25,900,000 29,000,000
Shares issued 12,200,000 2,900,000 7,400,000 4,200,000 600,000 600,000
Shares repurchased (2,800,000) (5,200,000) (1,900,000) (2,900,000) (5,000,000) (3,700,000)
End of year 28,100,000 18,700,000 21,000,000 22,800,000 21,500,000 25,900,000
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 48
Table of Contents
STATEMENTS OF CHANGES IN NET ASSETS  
Continued
    
  Multifactor Large Cap ETF Multifactor Mid Cap ETF
  Period ended
3-31-261 		Year ended
4-30-25 		Year ended
4-30-24 		Period ended
3-31-261 		Year ended
4-30-25 		Year ended
4-30-24
Increase (decrease) in net assets            
From operations            
Net investment income $10,725,873 $11,288,176 $11,022,940 $44,554,997 $41,308,332 $42,385,612
Net realized gain 49,789,393 37,701,010 48,849,678 404,771,710 154,595,786 154,959,295
Change in net unrealized appreciation (depreciation) 105,320,640 28,683,370 77,755,355 332,513,972 (24,159,202) 286,551,233
Increase in net assets resulting from operations 165,835,906 77,672,556 137,627,973 781,840,679 171,744,916 483,896,140
Distributions to shareholders            
From earnings (11,132,812) (11,075,181) (11,097,084) (44,092,410) (40,797,142) (40,836,166)
Total distributions (11,132,812) (11,075,181) (11,097,084) (44,092,410) (40,797,142) (40,836,166)
From fund share transactions            
Shares issued 78,514,744 87,238,616 140,982,328 1,036,929,150 511,431,257 683,923,383
Shares repurchased (105,879,504) (96,470,958) (151,939,289) (673,680,893) (484,031,609) (455,939,092)
Total from fund share transactions (27,364,760) (9,232,342) (10,956,961) 363,248,257 27,399,648 227,984,291
Total increase 127,338,334 57,365,033 115,573,928 1,100,996,526 158,347,422 671,044,265
Net assets            
Beginning of year 891,550,519 834,185,486 718,611,558 3,790,239,969 3,631,892,547 2,960,848,282
End of year $1,018,888,853 $891,550,519 $834,185,486 $4,891,236,495 $3,790,239,969 $3,631,892,547
Share activity            
Shares outstanding            
Beginning of year 13,375,000 13,500,000 13,750,000 67,500,000 67,075,000 62,300,000
Shares issued 1,000,000 1,300,000 2,500,000 15,725,000 8,775,000 13,600,000
Shares repurchased (1,350,000) (1,425,000) (2,750,000) (10,350,000) (8,350,000) (8,825,000)
End of year 13,025,000 13,375,000 13,500,000 72,875,000 67,500,000 67,075,000
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
49 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
STATEMENTS OF CHANGES IN NET ASSETS  
Continued
    
  Multifactor Small Cap ETF
  Period ended
3-31-261 		Year ended
4-30-25 		Year ended
4-30-24
Increase (decrease) in net assets      
From operations      
Net investment income $6,887,344 $5,092,662 $4,041,172
Net realized gain 59,686,627 38,522,905 31,835,506
Change in net unrealized appreciation (depreciation) 36,313,921 (42,749,091) 16,415,603
Increase in net assets resulting from operations 102,887,892 866,476 52,292,281
Distributions to shareholders      
From earnings (6,949,074) (4,764,845) (3,805,202)
Total distributions (6,949,074) (4,764,845) (3,805,202)
From fund share transactions      
Shares issued 287,469,381 277,706,355 187,434,058
Shares repurchased (202,276,260) (203,353,880) (162,163,907)
Total from fund share transactions 85,193,121 74,352,475 25,270,151
Total increase 181,131,939 70,454,106 73,757,230
Net assets      
Beginning of year 484,048,518 413,594,412 339,837,182
End of year $665,180,457 $484,048,518 $413,594,412
Share activity      
Shares outstanding      
Beginning of year 13,475,000 11,450,000 10,750,000
Shares issued 6,850,000 7,325,000 5,300,000
Shares repurchased (4,825,000) (5,300,000) (4,600,000)
End of year 15,500,000 13,475,000 11,450,000
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 50
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Financial Highlights
MULTIFACTOR DEVELOPED INTERNATIONAL ETF
Period ended 3-31-261 4-30-25 4-30-24 4-30-23 4-30-22 4-30-21
Per share operating performance            
Net asset value, beginning of period $36.35 $33.52 $31.40 $29.98 $33.43 $24.33
Net investment income2 0.92 0.96 0.93 0.92 0.97 0.70
Net realized and unrealized gain (loss) on investments 5.51 3.01 2.17 1.30 (3.34) 8.99
Total from investment operations 6.43 3.97 3.10 2.22 (2.37) 9.69
Less distributions            
From net investment income (1.33) (1.14) (0.98) (0.80) (1.08) (0.59)
Total distributions (1.33) (1.14) (0.98) (0.80) (1.08) (0.59)
Net asset value, end of period $41.45 $36.35 $33.52 $31.40 $29.98 $33.43
Total return (%)3 17.914 12.23 10.12 7.79 (7.45) 40.26
Ratios and supplemental data            
Net assets, end of period (in millions) $1,165 $680 $704 $487 $483 $485
Ratios (as a percentage of average net assets):            
Expenses before reductions 0.435 0.43 0.43 0.43 0.42 0.43
Expenses including reductions 0.395 0.39 0.39 0.39 0.39 0.39
Net investment income 2.485 2.81 2.95 3.26 2.92 2.43
Portfolio turnover (%)6 25 13 15 12 10 8
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Based on average daily shares outstanding.
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
4 Not annualized.
5 Annualized.
6 Portfolio turnover rate excludes securities received or delivered from in-kind transactions.
MULTIFACTOR EMERGING MARKETS ETF
Period ended 3-31-261 4-30-25 4-30-24 4-30-23 4-30-22 4-30-21
Per share operating performance            
Net asset value, beginning of period $26.85 $26.19 $24.25 $26.33 $31.19 $21.61
Net investment income2 0.63 0.68 0.62 0.79 0.72 0.50
Net realized and unrealized gain (loss) on investments 6.26 0.74 2.05 (2.21) (4.79) 9.57
Total from investment operations 6.89 1.42 2.67 (1.42) (4.07) 10.07
Less distributions            
From net investment income (0.79) (0.76) (0.73) (0.66) (0.79) (0.49)
Total distributions (0.79) (0.76) (0.73) (0.66) (0.79) (0.49)
Net asset value, end of period $32.95 $26.85 $26.19 $24.25 $26.33 $31.19
Total return (%)3 25.834 5.50 11.19 (5.32) (13.33) 46.99
Ratios and supplemental data            
Net assets, end of period (in millions) $751 $577 $678 $703 $661 $736
Ratios (as a percentage of average net assets):            
Expenses before reductions 0.585 0.58 0.58 0.58 0.56 0.55
Expenses including reductions 0.495 0.49 0.49 0.49 0.49 0.49
Net investment income 2.175 2.53 2.51 3.28 2.43 1.89
Portfolio turnover (%)6 23 13 14 10 12 25
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Based on average daily shares outstanding.
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
4 Not annualized.
5 Annualized.
6 Portfolio turnover rate excludes securities received or delivered from in-kind transactions.
51 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
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MULTIFACTOR LARGE CAP ETF
Period ended 3-31-261 4-30-25 4-30-24 4-30-23 4-30-22 4-30-21
Per share operating performance            
Net asset value, beginning of period $66.66 $61.79 $52.26 $52.21 $53.37 $36.16
Net investment income2 0.81 0.83 0.81 0.76 0.63 0.66
Net realized and unrealized gain (loss) on investments 11.60 4.85 9.54 0.01 (1.15) 17.30
Total from investment operations 12.41 5.68 10.35 0.77 (0.52) 17.96
Less distributions            
From net investment income (0.84) (0.81) (0.82) (0.72) (0.64) (0.75)
Total distributions (0.84) (0.81) (0.82) (0.72) (0.64) (0.75)
Net asset value, end of period $78.23 $66.66 $61.79 $52.26 $52.21 $53.37
Total return (%)3 18.644 9.16 19.95 1.57 (1.06) 50.22
Ratios and supplemental data            
Net assets, end of period (in millions) $1,019 $892 $834 $719 $782 $706
Ratios (as a percentage of average net assets):            
Expenses before reductions 0.325 0.32 0.32 0.32 0.32 0.31
Expenses including reductions 0.295 0.29 0.29 0.29 0.29 0.29
Net investment income 1.155 1.21 1.42 1.51 1.12 1.50
Portfolio turnover (%)6 4 4 6 5 4 7
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Based on average daily shares outstanding.
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
4 Not annualized.
5 Annualized.
6 Portfolio turnover rate excludes securities received or delivered from in-kind transactions.
MULTIFACTOR MID CAP ETF
Period ended 3-31-261 4-30-25 4-30-24 4-30-23 4-30-22 4-30-21
Per share operating performance            
Net asset value, beginning of period $56.15 $54.15 $47.53 $48.75 $51.54 $32.39
Net investment income2 0.64 0.61 0.64 0.60 0.44 0.39
Net realized and unrealized gain (loss) on investments 10.97 2.00 6.60 (1.28) (2.83) 19.23
Total from investment operations 11.61 2.61 7.24 (0.68) (2.39) 19.62
Less distributions            
From net investment income (0.64) (0.61) (0.62) (0.54) (0.40) (0.47)
Total distributions (0.64) (0.61) (0.62) (0.54) (0.40) (0.47)
Net asset value, end of period $67.12 $56.15 $54.15 $47.53 $48.75 $51.54
Total return (%)3 20.734 4.79 15.31 (1.37) (4.72) 61.03
Ratios and supplemental data            
Net assets, end of period (in millions) $4,891 $3,790 $3,632 $2,961 $2,411 $2,163
Ratios (as a percentage of average net assets):            
Expenses before reductions 0.425 0.42 0.42 0.42 0.42 0.42
Expenses including reductions 0.415 0.41 0.42 0.42 0.41 0.41
Net investment income 1.095 1.05 1.28 1.28 0.84 0.96
Portfolio turnover (%)6 19 12 13 14 10 20
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Based on average daily shares outstanding.
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
4 Not annualized.
5 Annualized.
6 Portfolio turnover rate excludes securities received or delivered from in-kind transactions.
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK MULTIFACTOR ETFS 52
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MULTIFACTOR SMALL CAP ETF
Period ended 3-31-261 4-30-25 4-30-24 4-30-23 4-30-22 4-30-21
Per share operating performance            
Net asset value, beginning of period $35.92 $36.12 $31.61 $31.99 $35.30 $21.77
Net investment income2 0.47 0.41 0.37 0.35 0.31 0.36
Net realized and unrealized gain (loss) on investments 6.99 (0.23) 4.50 (0.38) (3.23) 13.51
Total from investment operations 7.46 0.18 4.87 (0.03) (2.92) 13.87
Less distributions            
From net investment income (0.47) (0.38) (0.36) (0.35) (0.39) (0.34)
Total distributions (0.47) (0.38) (0.36) (0.35) (0.39) (0.34)
Net asset value, end of period $42.91 $35.92 $36.12 $31.61 $31.99 $35.30
Total return (%)3 20.844 0.43 15.43 (0.06) (8.39) 64.17
Ratios and supplemental data            
Net assets, end of period (in millions) $665 $484 $414 $340 $377 $426
Ratios (as a percentage of average net assets):            
Expenses before reductions 0.455 0.46 0.47 0.47 0.45 0.45
Expenses including reductions 0.425 0.42 0.42 0.42 0.42 0.42
Net investment income 1.235 1.04 1.10 1.12 0.90 1.31
Portfolio turnover (%)6 43 66 57 44 40 56
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Based on average daily shares outstanding.
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
4 Not annualized.
5 Annualized.
6 Portfolio turnover rate excludes securities received or delivered from in-kind transactions.
53 JOHN HANCOCK MULTIFACTOR ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
Notes to financial statements
Note 1—Organization
John Hancock Exchange-Traded Fund Trust (the Trust) is an open-end management investment company organized as a Massachusetts business trust. The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act). It is a series company with multiple investment series, five of which are presented in this report (the funds). 
The investment objective of each fund is to seek to provide investment results that closely correspond, before fees and expenses, to the performance of their respective Index as listed below:
Fund Index
Multifactor Developed International ETF John Hancock Dimensional Developed International Index
Multifactor Emerging Markets ETF John Hancock Dimensional Emerging Markets Index
Multifactor Large Cap ETF John Hancock Dimensional Large Cap Index
Multifactor Mid Cap ETF John Hancock Dimensional Mid Cap Index
Multifactor Small Cap ETF John Hancock Dimensional Small Cap Index
On December 9-11, 2025, the Board of Trustees approved a change of the fiscal year end of the funds from April 30 to March 31.
Note 2—Significant accounting policies
The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (US GAAP), which require management to make certain estimates and assumptions as of the date of the financial statements. Actual results could differ from those estimates and those differences could be significant. The funds qualify as investment companies under Topic 946 of Accounting Standards Codification of US GAAP.
Events or transactions occurring after the end of the fiscal period through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the funds:
Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the NYSE pursuant to the Valuation Policies and Procedures of the Advisor, John Hancock Investment Management LLC, the funds’ valuation designee.
In order to value the securities, the funds use the following valuation techniques: Equity securities, including exchange-traded and closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal market where the security trades. In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Investments by the funds in open-end mutual funds, including John Hancock Collateral Trust (JHCT), are valued at their respective NAVs each business day.  Futures contracts are typically valued based on the settlement price. Foreign securities and currencies are valued in U.S. dollars based on foreign currency exchange rates supplied by an independent pricing vendor valued at London close.
In certain instances, the Pricing Committee of the Advisor may determine to value equity securities using prices obtained from another exchange or market if trading on the exchange or market on which prices are typically obtained did not open for trading as scheduled, or if trading closed earlier than scheduled, and trading occurred as normal on another exchange or market.
Other portfolio securities and assets, for which reliable market quotations are not readily available, are valued at fair value as determined in good faith by the Pricing Committee following procedures established by the Advisor and adopted by the Board of Trustees. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready market for such securities existed. Trading in foreign securities may be completed before the scheduled daily close of trading on the NYSE. Significant events at the issuer or market level may affect the values of securities between the time when the valuation of the securities is generally determined and the close of the NYSE. If a significant event occurs, these securities may be fair valued, as determined in good faith by the Pricing Committee, following procedures established by the Advisor and adopted by the Board of Trustees. The Advisor may use fair value adjustment factors provided by an independent pricing vendor to value certain foreign securities in order to adjust for events that may occur between the close of foreign exchanges or markets and the close of the NYSE.
The funds use a three tier hierarchy to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities, including registered investment companies. Level 2 includes securities valued using other significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates, prepayment speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities valued using significant unobservable inputs when market prices are not readily available or reliable, including the Advisor’s assumptions in determining the fair value of investments. Factors used in determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.
   | JOHN HANCOCK MULTIFACTOR ETFS 54
Table of Contents
The following is a summary of the values by input classification of the funds’ investments as of March 31, 2026, by major security category or type:
  Total
value at
3-31-26 		Level 1
quoted
price 		Level 2
significant
observable
inputs 		Level 3
significant
unobservable
inputs
Multifactor Developed International ETF        
Investments in securities:        
Assets        
Common stocks        
Australia   $75,572,175   $75,572,175 — —
Austria   4,028,166   4,028,166 — —
Belgium   12,868,745   12,868,745 — —
Chile   1,667,574   1,667,574 — —
Denmark   19,072,032   19,072,032 — —
Finland   14,639,123   14,639,123 — —
France   133,489,668   133,489,668 — —
Germany   114,018,789   114,018,789 — —
Hong Kong   28,130,140   28,130,140 — —
Ireland   6,700,871   6,700,871 — —
Israel   8,031,787   8,010,322   $21,465 —
Italy   36,544,056   36,544,056 — —
Japan   275,831,145   275,831,145 — —
Luxembourg   4,253,298   4,253,298 — —
Macau   174,991   174,991 — —
Mexico   834,493   834,493 — —
Netherlands   49,406,817   49,406,817 — —
New Zealand   1,929,741   1,929,741 — —
Norway   7,105,763   7,105,763 — —
Portugal   2,236,429   2,236,429 — —
Singapore   23,137,344   23,137,344 — —
Spain   41,748,635   41,748,635 — —
Sweden   37,350,065   37,350,065 — —
Switzerland   97,137,365   97,137,365 — —
United Arab Emirates — — — —
United Kingdom   149,790,861   149,790,861 — —
United States   425,660   425,660 — —
Preferred securities   6,847,535   6,847,535 — —
Rights   374 —   374 —
Short-term investments   20,462,982   20,462,982 — —
Total investments in securities   $1,173,436,624   $1,173,414,785   $21,839 —
Level 3 includes securities valued at $0. Refer to Funds’ investments.
 
Multifactor Emerging Markets ETF        
Investments in securities:        
Assets        
Common stocks        
Australia   $313,104   $313,104 — —
Brazil   32,361,152   32,361,152 — —
Chile   3,922,243   3,922,243 — —
China   174,686,742   174,686,742 — —
Hong Kong   7,568,026   7,568,026 — —
India   126,184,692   126,184,692 — —
Indonesia   8,709,037   8,709,037 — —
Ireland   8,456,008   8,456,008 — —
Luxembourg   186,336   186,336 — —
Malaysia   13,295,189   13,295,189 — —
Mexico   19,812,783   19,812,783 — —
Netherlands   514,683   514,683 — —
Philippines   4,126,357   4,126,357 — —
55 JOHN HANCOCK MULTIFACTOR ETFS |   
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  Total
value at
3-31-26 		Level 1
quoted
price 		Level 2
significant
observable
inputs 		Level 3
significant
unobservable
inputs
Multifactor Emerging Markets ETF (continued)        
Poland   $12,228,192   $12,228,192 — —
Russia — — — —
Saudi Arabia   22,703,458   22,703,458 — —
Singapore   2,858,356   2,858,356 — —
South Africa   31,924,548   31,924,548 — —
South Korea   118,317,202   118,317,202 — —
Taiwan   127,186,278   127,186,278 — —
Thailand   12,351,832   12,351,832 — —
Turkey   4,485,267   4,485,267 — —
United Kingdom   2,773,010   2,773,010 — —
United States   1,265,080   1,265,080 — —
Preferred securities   12,522,559   12,522,559 — —
Short-term investments   5,033,430   5,033,430 — —
Total investments in securities   $753,785,564   $753,785,564 — —
Derivatives:        
Assets        
Futures   $6,463   $6,463 — —
Level 3 includes securities valued at $0. Refer to Funds’ investments.
 
Multifactor Large Cap ETF        
Investments in securities:        
Assets        
Common stocks        
Communication services   $79,327,189   $79,327,189 — —
Consumer discretionary   100,735,913   100,735,913 — —
Consumer staples   56,264,800   56,264,800 — —
Energy   49,052,786   49,052,786 — —
Financials   147,792,130   147,792,130 — —
Health care   100,057,988   100,029,323 —   $28,665
Industrials   131,040,349   131,040,349 — —
Information technology   250,050,786   250,050,786 — —
Materials   34,641,600   34,641,600 — —
Real estate   25,302,382   25,302,382 — —
Utilities   43,338,292   43,338,292 — —
Short-term investments   1,512,938   1,512,938 — —
Total investments in securities   $1,019,117,153   $1,019,088,488 —   $28,665
 
Multifactor Mid Cap ETF        
Investments in securities:        
Assets        
Common stocks        
Communication services   $133,771,320   $133,771,320 — —
Consumer discretionary   491,844,082   491,844,082 — —
Consumer staples   211,270,390   211,270,390 — —
Energy   273,028,735   273,028,735 — —
Financials   752,917,641   752,917,641 — —
Health care   527,571,985   527,279,392 —   $292,593
Industrials   979,374,390   979,374,390 — —
Information technology   675,762,156   675,762,156 — —
Materials   287,007,521   287,007,521 — —
Real estate   264,400,481   264,400,481 — —
Utilities   287,655,852   287,655,852 — —
Short-term investments   10,816,777   10,816,777 — —
Total investments in securities   $4,895,421,330   $4,895,128,737 —   $292,593
   | JOHN HANCOCK MULTIFACTOR ETFS 56
Table of Contents
  Total
value at
3-31-26 		Level 1
quoted
price 		Level 2
significant
observable
inputs 		Level 3
significant
unobservable
inputs
Multifactor Mid Cap ETF (continued)        
Level 3 includes securities valued at $0. Refer to Funds’ investments.
 
Multifactor Small Cap ETF        
Investments in securities:        
Assets        
Common stocks   $663,954,377   $663,941,043 —   $13,334
Short-term investments   8,405,178   8,405,178 — —
Total investments in securities   $672,359,555   $672,346,221 —   $13,334
Level 3 includes securities valued at $0. Refer to Funds’ investments.
Security transactions and related investment income. Investment security transactions are accounted for on a trade date plus one basis for daily NAV calculations. However, for financial reporting purposes, investment transactions are reported on trade date. Interest income is accrued as earned. Dividend income is recorded on ex-date, except for dividends of certain foreign securities where the dividend may not be known until after the ex-date. In those cases, dividend income, net of withholding taxes, is recorded when the fund becomes aware of the dividends. Non-cash dividends, if any, are recorded at the fair market value of the securities received. Gains and losses on securities sold are determined on the basis of identified cost and may include proceeds from litigation.
Real estate investment trusts. The funds may invest in real estate investment trusts (REITs). Distributions from REITs may be recorded as income and subsequently characterized by the REIT at the end of their fiscal year as a reduction of cost of investments and/or as a realized gain. As a result, the funds will estimate the components of distributions from these securities. Such estimates are revised when the actual components of the distributions are known.
Securities lending. The funds may lend their securities to earn additional income. The funds receive collateral from the borrower in an amount not less than the market value of the loaned securities. The funds may invest their cash collateral in JHCT, an affiliate of the funds, which has a floating NAV and is registered with the Securities and Exchange Commission (SEC) as an investment company. JHCT is a government money market fund and invests in U.S. Government securities and/or repurchase agreements. Each fund will receive the benefit of any gains and bear any losses generated by JHCT with respect to the cash collateral.
The funds have the right to recall loaned securities on demand. If a borrower fails to return loaned securities when due, then the lending agent is responsible and indemnifies the funds for the lent securities. The lending agent uses the collateral received from the borrower to purchase replacement securities of the same issue, type, class and series of the loaned securities. If the value of the collateral is less than the purchase cost of replacement securities, the lending agent is responsible for satisfying the shortfall but only to the extent that the shortfall is not due to any decrease in the value of JHCT.
Although the risk of loss on securities lent is mitigated by receiving collateral from the borrower and through lending agent indemnification, the funds could experience a delay in recovering securities or could experience a lower than expected return if the borrower fails to return the securities on a timely basis. During the existence of the loan, the funds will receive from the borrower amounts equivalent to any dividends, interest or other distributions on the loaned securities, as well as interest on such amounts. The funds receive compensation for lending their securities by retaining a portion of the return on the investment of the collateral and compensation from fees earned from borrowers of the securities. Securities lending income received by the funds is net of fees retained by the securities lending agent. Net income received from JHCT is a component of securities lending income as recorded on the Statements of operations.
Obligations to repay collateral received by the funds are shown on the Statements of assets and liabilities as Payable upon return of securities loaned and are secured by the loaned securities. The following table summarizes the values of securities loaned by the funds and the corresponding cash collateral received at March 31, 2026.
In addition, non-cash collateral in the form of U.S. Treasuries was pledged, as indicated below. This non-cash collateral cannot be sold or repledged by the funds, and accordingly, is not reflected in the funds’ net assets.
Fund Market value of securities on loan Cash collateral received Non-cash collateral
Multifactor Developed International ETF   $37,807,392   $17,043,095   $23,025,152
Multifactor Emerging Markets ETF   17,504,423   2,366,308   16,163,233
Multifactor Large Cap ETF   2,539,316   539,584   2,060,109
Multifactor Mid Cap ETF   49,355,847   6,666,040   43,940,253
Multifactor Small Cap ETF   13,018,811   7,564,974   5,776,126
Foreign investing. Assets, including investments, and liabilities denominated in foreign currencies are translated into U.S. dollar values each day at the prevailing exchange rate. Purchases and sales of securities, income and expenses are translated into U.S. dollars at the prevailing exchange rate on the date of the transaction. The effect of changes in foreign currency exchange rates on the value of securities is reflected as a component of the realized and unrealized gains (losses) on investments. Foreign investments are subject to a decline in the value of a foreign currency versus the U.S. dollar, which reduces the dollar value of securities denominated in that currency.
Funds that invest internationally generally carry more risk than funds that invest strictly in U.S. securities. These risks are heightened for investments in emerging markets. Risks can result from differences in economic and political conditions, regulations, market practices (including higher transaction costs), accounting standards
57 JOHN HANCOCK MULTIFACTOR ETFS |   
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and other factors.
There may be unexpected restrictions on investments or on exposures to investments in companies located in certain foreign countries, such as China. For example, a government may restrict investment in companies or industries considered important to national interests, or intervene in the financial markets, such as by imposing trading restrictions, or banning or curtailing short selling. As a result of forced sales of a security, or inability to participate in an investment the manager otherwise believes is attractive, a fund may incur losses.
Trading in certain Chinese securities through Hong Kong Stock Connect or Bond Connect, mutual market access programs that enable foreign investment in the People’s Republic of China, is subject to certain restrictions and risks. Securities offered through these programs may lose purchase eligibility and any changes in laws, regulations and policies impacting these programs may affect security prices, which could adversely affect the funds’ performance.
Foreign taxes. The funds may be subject to withholding tax on income, capital gains or repatriations imposed by certain countries, a portion of which may be recoverable. Foreign taxes are accrued based upon the funds’ understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued based on gains realized by the funds as a result of certain foreign security sales. In certain circumstances, estimated taxes are accrued based on unrealized appreciation of such securities. Investment income is recorded net of foreign withholding taxes.
Overdraft. The funds may have the ability to borrow from banks for temporary or emergency purposes, including meeting redemption requests that otherwise might require the untimely sale of securities. Pursuant to the funds’ custodian agreement, the custodian may loan money to the funds to make properly authorized payments. The funds are obligated to repay the custodian for any overdraft, including any related costs or expenses. The custodian may have a lien, security interest or security entitlement in any fund property that is not otherwise segregated or pledged, to the extent of any overdraft, and to the maximum extent permitted by law.
Line of credit. The funds and other affiliated funds have entered into a syndicated line of credit agreement with Citibank, N.A. as the administrative agent that enables them to participate in a $1 billion unsecured committed line of credit, which is in effect through July 13, 2026 unless extended or renewed. Excluding commitments designated for certain funds and subject to the needs of all other affiliated funds, a fund can borrow up to an aggregate commitment amount of $750 million, subject to asset coverage and other limitations as specified in the agreement.
A commitment fee payable at the end of each calendar quarter, based on the average daily unused portion of each line of credit, is charged to each participating fund based on an asset-based allocation and is reflected in Other expenses on the Statements of operations.
Commitment fees for the period ended March 31, 2026 were as follows:
Fund Commitment fee
Multifactor Developed International ETF   $3,730
Multifactor Emerging Markets ETF   3,003
Multifactor Large Cap ETF   4,865
Multifactor Mid Cap ETF   20,844
Multifactor Small Cap ETF   2,837
Expenses. Within the John Hancock group of funds complex, expenses that are directly attributable to an individual fund are allocated to such fund. Expenses that are not readily attributable to a specific fund are allocated among all funds in an equitable manner, taking into consideration, among other things, the nature and type of expense and each fund’s relative net assets. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.
Federal income taxes. Each fund intends to continue to qualify as a regulated investment company by complying with the applicable provisions of the Internal Revenue Code and will not be subject to federal income tax on taxable income that is distributed to shareholders. Therefore, no federal income tax provision is required.
For federal income tax purposes, as of March 31, 2026, certain funds have short-term and long-term capital loss carryforwards available to offset future net realized capital gains. These carryforwards do not expire. The following table details the capital loss carryforwards available as of March 31, 2026:
  No Expiration Date
Fund Short Term Long Term
Multifactor Developed International ETF   $30,857,669   $67,082,953
Multifactor Emerging Markets ETF   27,082,058   34,029,914
Multifactor Large Cap ETF   23,691,331   52,828,036
Multifactor Mid Cap ETF   183,494,344   97,128,822
Multifactor Small Cap ETF   119,071,749   41,573,797
As of March 31, 2026, the funds had no uncertain tax positions that would require financial statement recognition, derecognition or disclosure. The funds’ federal tax returns are subject to examination by the Internal Revenue Service for a period of three years.
For federal income tax purposes, the costs of investments owned on March 31, 2026, including short-term investments, were as follows:
Fund Aggregate
cost 		Unrealized
appreciation 		Unrealized
(depreciation) 		Net unrealized
appreciation/
(depreciation)
Multifactor Developed International ETF   $1,022,303,997   $182,572,988   $(31,440,361)   $151,132,627
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Fund Aggregate
cost 		Unrealized
appreciation 		Unrealized
(depreciation) 		Net unrealized
appreciation/
(depreciation)
Multifactor Emerging Markets ETF   $578,946,272   $213,297,675   $(38,451,920)   $174,845,755
Multifactor Large Cap ETF   734,058,469   332,959,505   (47,900,821)   285,058,684
Multifactor Mid Cap ETF   4,073,409,627   1,055,559,478   (233,547,775)   822,011,703
Multifactor Small Cap ETF   643,851,397   63,777,090   (35,268,932)   28,508,158
Distribution of income and gains. Distributions to shareholders from net investment income and net realized gains, if any, are recorded on the ex-date. The funds generally declare and pay dividends at least semiannually from net investment income, if any. Capital gain distributions, if any, are typically distributed annually.
The tax character of distributions for the period ended March 31, 2026 was as follows:
Fund Ordinary
Income
Multifactor Developed International ETF   $27,698,736
Multifactor Emerging Markets ETF   15,618,480
Multifactor Large Cap ETF   11,132,812
Multifactor Mid Cap ETF   44,092,410
Multifactor Small Cap ETF   6,949,074
The tax character of distributions for the year ended April 30, 2025 was as follows:
Fund Ordinary
Income
Multifactor Developed International ETF   $23,913,029
Multifactor Emerging Markets ETF   18,742,260
Multifactor Large Cap ETF   11,075,181
Multifactor Mid Cap ETF   40,797,142
Multifactor Small Cap ETF   4,764,845
   
The tax character of distributions for the year ended April 30, 2024 was as follows:
   
Fund   Ordinary
Income
Multifactor Developed International ETF $16,293,074
Multifactor Emerging Markets ETF   19,525,171
Multifactor Large Cap ETF   11,097,084
Multifactor Mid Cap ETF   40,836,166
Multifactor Small Cap ETF   3,805,202
As of March 31, 2026, the components of distributable earnings on a tax basis were as follows:
Fund Undistributed
Ordinary Income
Multifactor Developed International ETF   $5,760,073
Multifactor Emerging Markets ETF   546,906
Multifactor Large Cap ETF   2,849,924
Multifactor Mid Cap ETF   12,932,970
Multifactor Small Cap ETF   1,477,310
Such distributions and distributable earnings, on a tax basis, if any, are determined in conformity with income tax regulations, which may differ from US GAAP. Distributions in excess of tax basis earnings and profits, if any, are reported in the funds’ financial statements as a return of capital.
Capital accounts within the financial statements are adjusted for permanent book-tax differences at fiscal year end. These adjustments have no impact on net assets or the results of operations. Temporary book-tax differences, if any, will reverse in a subsequent period. Book-tax differences are primarily attributable to wash sale loss deferrals, investments in passive foreign investment companies and redemptions in kind.
Note 3—Derivative instruments
The funds may invest in derivatives in order to meet their investment objective. Derivatives include a variety of different instruments that may be traded in the over-the-counter (OTC) market, on a regulated exchange or through a clearing facility. The risks in using derivatives vary depending upon the structure of the instruments, including the use of leverage, optionality, the liquidity or lack of liquidity of the contract, the creditworthiness of the counterparty or clearing organization
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and the volatility of the position. Some derivatives involve risks that are potentially greater than the risks associated with investing directly in the referenced securities or other referenced underlying instrument. Specifically, the funds are exposed to the risk that the counterparty to an OTC derivatives contract will be unable or unwilling to make timely settlement payments or otherwise honor its obligations. OTC derivatives transactions typically can only be closed out with the other party to the transaction.
Certain derivatives are traded or cleared on an exchange or central clearinghouse. Exchange-traded or centrally-cleared transactions generally present less counterparty risk to a fund than OTC transactions. The exchange or clearinghouse stands between the funds and the broker to the contract and therefore, credit risk is generally limited to the failure of the exchange or clearinghouse and the clearing member.
Futures. A futures contract is a contractual agreement to buy or sell a particular currency or financial instrument at a pre-determined price in the future. Futures are traded on an exchange and cleared through a central clearinghouse. Risks related to the use of futures contracts include possible illiquidity of the futures markets and contract prices that can be highly volatile and imperfectly correlated to movements in the underlying financial instrument and potential losses in excess of the amounts recognized on the Statements of assets and liabilities. Use of long futures contracts subjects the funds to the risk of loss up to the notional value of the futures contracts. Use of short futures contracts subjects the funds to unlimited risk of loss.
Upon entering into a futures contract, the funds are required to deposit initial margin with the broker in the form of cash or securities. The amount of required margin is set by the broker and is generally based on a percentage of the contract value. The margin deposit must then be maintained at the established level over the life of the contract. Cash that has been pledged by the funds, if any, is detailed in the Statements of assets and liabilities as Collateral held at broker for futures contracts. Securities pledged by the funds, if any, are identified in the Funds’ investments. Subsequent payments, referred to as variation margin, are made or received by the funds periodically and are based on changes in the market value of open futures contracts. Futures contracts are marked-to-market daily and unrealized gain or loss is recorded by the funds. Receivable/Payable for futures variation margin is included in the Statements of assets and liabilities. When the contract is closed, the funds record a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.
The following table details how the funds used futures contracts during the period ended March 31, 2026. In addition, the table summarizes the range of notional contract amounts held by the funds, as measured at each quarter end:
Fund Reason USD Notional range
Multifactor Developed International ETF The fund used futures contracts to meet the transactional needs of the portfolio and to equitize cash balances, if needed. As of March 31, 2026, there were no open futures contracts. Up to $829 thousand
Multifactor Emerging Markets ETF The fund used futures contracts to meet the transactional needs of the portfolio and to equitize cash balances, if needed. Up to $1.6 million
Multifactor Large Cap ETF The fund used futures contracts to meet the transactional needs of the portfolio and to equitize cash balances, if needed. As of March 31, 2026, there were no open futures contracts. Up to $24.5 million, as measured during the period
Multifactor Mid Cap ETF The fund used futures contracts to meet the transactional needs of the portfolio and to equitize cash balances, if needed. As of March 31, 2026, there were no open futures contracts. Up to $12.6 million, as measured during the period
Multifactor Small Cap ETF The fund used futures contracts to meet the transactional needs of the portfolio and to equitize cash balances, if needed. As of March 31, 2026, there were no open futures contracts. Up to $3.1 million
Fair value of derivative instruments by risk category
The table below summarizes the fair value of derivatives held by the funds at March 31, 2026 by risk category:
Fund Risk Statements of
assets and
liabilities location 		Financial
instruments
location 		Assets
derivatives
fair value 		Liabilities
derivatives
fair value
Multifactor Emerging Markets ETF Equity Receivable/payable for futures variation margin1 Futures   $6,463 —
    
1 Reflects cumulative appreciation/depreciation on open futures as disclosed in the Derivatives section of the Funds’ investments. Only the year end variation margin receivable/payable is separately reported on the Statements of assets and liabilities.
Effect of derivative instruments on the Statements of operations
The table below summarizes the net realized gain (loss) included in the net increase (decrease) in net assets from operations, classified by derivative instrument and risk category, for the period ended March 31, 2026:
    Statements of operations location - Net realized gain (loss) on:
Fund Risk Futures contracts
Multifactor Developed International ETF Equity   $51,075
Multifactor Emerging Markets ETF Equity   $8,341
Multifactor Large Cap ETF Equity   $(40,802)
Multifactor Mid Cap ETF Equity   $127,945
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    Statements of operations location - Net realized gain (loss) on:
Fund Risk Futures contracts
Multifactor Small Cap ETF Equity   $104,616
The table below summarizes the net change in unrealized appreciation (depreciation) included in the net increase (decrease) in net assets from operations, classified by derivative instrument and risk category, for the period ended March 31, 2026:
    Statements of operations location - Change in net unrealized appreciation (depreciation) of:
Fund Risk Futures contracts
Multifactor Developed International ETF Equity   $(8,668)
Multifactor Emerging Markets ETF Equity   $6,463
Multifactor Small Cap ETF Equity   $(22,124)
Note 4—Guarantees and indemnifications
Under the Trust’s organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust, including the funds. Additionally, in the normal course of business, the Trust enters into contracts with service providers that contain general indemnification clauses. The Trust’s maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Trust that have not yet occurred. The risk of material loss from such claims is considered remote.
Note 5—Fees and transactions with affiliates
John Hancock Investment Management LLC (the Advisor) serves as investment advisor for the funds. The Advisor is an indirect, principally owned subsidiary of John Hancock Life Insurance Company (U.S.A.), which in turn is a subsidiary of Manulife Financial Corporation (MFC).
Management fee.The funds have an investment management agreement with the Advisor under which each fund pays a monthly management fee to the Advisor equivalent on an annual basis as detailed below. The Advisor has a subadvisory agreement with Dimensional Fund Advisors LP. The funds are not responsible for payment of the subadvisory fees.
The management fee structure is as follows:
Fund Average daily net assets
Multifactor Developed International ETF 0.35%
Multifactor Emerging Markets ETF 0.44%
Multifactor Large Cap ETF 0.26%
Fund Average daily net assets
Multifactor Mid Cap ETF 0.37%
Multifactor Small Cap ETF 0.39%
The Advisor has contractually agreed to waive a portion of its management fee and/or reimburse expenses for certain funds of the John Hancock group of funds complex, including the funds (the participating portfolios). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of the funds. During the period ended March 31, 2026, this waiver amounted to 0.01% of the funds’ average daily net assets, on an annualized basis. This agreement expires on July 31, 2027, unless renewed by mutual agreement of the funds and the Advisor based upon a determination that this is appropriate under the circumstances at that time.
The Advisor has contractually agreed to reduce its management fee or, if necessary, make a payment to each fund, in an amount equal to the amount by which expenses of each fund exceed the following:
Fund Expense
limitation as a
percentage of
average net
assets
Multifactor Developed International ETF 0.39%
Multifactor Emerging Markets ETF 0.49%
Multifactor Large Cap ETF 0.29%
Fund Expense
limitation as a
percentage of
average net
assets
Multifactor Mid Cap ETF 0.42%
Multifactor Small Cap ETF 0.42%
Expenses means all the expenses of the funds, excluding taxes, brokerage commissions, interest expense, litigation and indemnification expenses and other extraordinary expenses not incurred in the ordinary course of the funds’ business, borrowing costs, prime brokerage fees, acquired fund fees and expenses paid indirectly, and short dividend expense. The funds’ expense limitation agreement expires on August 31, 2026, unless renewed by mutual agreement of the funds and the Advisor based upon a determination that this is appropriate under the circumstances at that time; except for Multifactor Mid Cap ETF which expired on August 31, 2025.
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For the period ended March 31, 2026, the expense reductions described above amounted to the following:
Fund Expense reimbursement
Multifactor Developed International ETF   $280,837
Multifactor Emerging Markets ETF   532,275
Multifactor Large Cap ETF   266,080
Fund Expense reimbursement
Multifactor Mid Cap ETF   $366,698
Multifactor Small Cap ETF   191,051
Expenses waived or reimbursed in the current fiscal period are not subject to recapture in future fiscal periods.
The investment management fees, including the impact of the waivers and reimbursements as described above, incurred for the period ended March 31, 2026, were equivalent to a net annual effective rate of the funds’ average daily net assets:
Fund Net Annual Effective Rate
Multifactor Developed International ETF 0.31%
Multifactor Emerging Markets ETF 0.35%
Multifactor Large Cap ETF 0.23%
Fund Net Annual Effective Rate
Multifactor Mid Cap ETF 0.36%
Multifactor Small Cap ETF 0.36%
Accounting and legal services. Pursuant to a service agreement, the funds reimburse the Advisor for all expenses associated with providing the administrative, financial, legal, compliance, accounting and recordkeeping services to the funds, including the preparation of all tax returns, periodic reports to shareholders and regulatory reports, among other services. These accounting and legal services fees incurred, for the period ended March 31, 2026, amounted to an annual rate of 0.02% of the funds’ average daily net assets.
Trustee expenses. The funds compensate each Trustee who is not an employee of the Advisor or its affiliates. The costs of paying Trustee compensation and expenses are allocated to each fund based on their net assets relative to other funds within the John Hancock group of funds complex.
Note 6—Capital share transactions
Each fund will issue and redeem shares only in a large number of specified shares, each called a “creation unit,” or multiples thereof. Multifactor Large Cap ETF, Multifactor Mid Cap ETF, and Multifactor Small Cap ETF issue and redeem shares at NAV in creation units of 25,000 shares. Multifactor Developed International ETF and Multifactor Emerging Markets ETF issue and redeem shares at NAV in creation units of 100,000 shares.
Only authorized participants may engage in creation or redemption transactions directly with the funds. Such transactions generally take place when an authorized participant deposits into a fund a designated portfolio of securities (including any portion of such securities for which cash may be substituted) and a specified amount of cash approximating the holdings of the fund in exchange for a specified number of creation units. Similarly, shares can be redeemed only in creation units, generally for a designated portfolio of securities (including any portion of such securities for which cash may be substituted) held by a fund and a specified amount of cash. For purposes of US GAAP, in-kind redemption transactions are treated as a sale of securities and any resulting gains and losses are recognized based on the market value of the securities on the date of the transfer. Authorized participants pay a transaction fee to the custodian when purchasing and redeeming creation units of the funds. The transaction fee is used to defray the costs associated with the issuance and redemption of creation units. Individual shares of the funds may only be purchased and sold in secondary market transactions through brokers. Secondary market transactions may be subject to brokerage commissions. Shares of the funds are listed and traded on the NYSE Arca, Inc., trade at market prices rather than NAV, and may trade at a price greater than or less than NAV.
Authorized participants transacting in creation or redemption of units for cash may also pay an additional variable charge to compensate the relevant fund for the costs associated with purchasing or selling the applicable securities. Fixed transaction fees payable to the custodian may also be incurred on creation and redemption transactions. For the period ended March 31, 2026, such variable and/or fixed transaction fees were approximately $(22,857), $363,594, $(4,650), $(5,200) and $(3,900) for Multifactor Developed International ETF, Multifactor Emerging Markets ETF, Mulitfactor Large Cap ETF, Multifactor Mid Cap ETF and Multifactor Small Cap ETF, respectively. These charges are included in shares issued or repurchased on the Statements of Changes in Net Assets.
Note 7—Purchase and sale of securities
Purchases and sales of securities, other than short-term investments and in-kind transactions, amounted to for the period ended March 31, 2026. In addition, purchases and sales of in-kind transactions are aggregated below for the period ended March 31, 2026:
  Purchases Sales
Fund In-kind transactions Non in-kind transactions In-kind transactions Non in-kind transactions
Multifactor Developed International ETF   $484,551,455   $220,779,353   $108,657,364   $218,391,947
Multifactor Emerging Markets ETF   16,440,137   211,548,015   38,641,304   145,892,642
Multifactor Large Cap ETF   55,206,740   59,315,788   104,117,220   38,087,995
Multifactor Mid Cap ETF   1,036,197,771   845,685,273   675,395,501   842,308,505
Multifactor Small Cap ETF   287,256,450   262,321,658   201,774,752   259,294,895
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Note 8—Industry or sector risk
The funds may invest a large percentage of their assets in one or more particular industries or sectors of the economy. If a large percentage of a fund’s assets are economically tied to a single or small number of industries or sectors of the economy, the fund will be less diversified than a more broadly diversified fund, and it may cause the fund to underperform if that industry or sector underperforms. In addition, focusing on a particular industry or sector may make the fund’s NAV more volatile. Further, a fund that invests in particular industries or sectors is particularly susceptible to the impact of market, economic, regulatory and other factors affecting those industries or sectors.
Note 9—Emerging-market risk
Foreign investing especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Funds that invest a significant portion of assets in the securities of issuers based in countries with emerging market economies are subject to greater levels of foreign investment risk than funds investing primarily in more-developed foreign markets, since emerging-market securities may present other risks greater than, or in addition to, the risks of investing in developed foreign countries.
Note 10—Investment in affiliated underlying funds
The funds may invest in affiliated underlying funds that are managed by the Advisor and its affiliates. Information regarding the funds’ fiscal year to date purchases and sales of the affiliated underlying funds as well as income and capital gains earned by the funds, if any, is as follows:
              Dividends and distributions
Affiliate Ending
share
amount 		Beginning
value 		Cost of
purchases 		Proceeds
from shares
sold 		Realized
gain
(loss) 		Change in
unrealized
appreciation
(depreciation) 		Income
distributions
received 		Capital gain
distributions
received 		Ending
value
Multifactor Developed International ETF
John Hancock Collateral Trust* 1,704,424 $16,563,914   $154,077,394   $(153,591,381)   $(2,175)   $(614)   $91,598 —   $17,047,138
Multifactor Emerging Markets ETF
John Hancock Collateral Trust* 236,590 $1,690,756   $20,938,770   $(20,262,821)   $(460)   $62   $72,825 —   $2,366,307
Multifactor Large Cap ETF
John Hancock Collateral Trust* 53,942 $36,256   $16,654,788   $(16,151,273)   $(315)   $53   $8,146 —   $539,509
Multifactor Mid Cap ETF
John Hancock Collateral Trust* 665,912 $3,813,897   $274,954,518   $(272,104,576)   $(4,123)   $541   $160,133 —   $6,660,257
Multifactor Small Cap ETF
John Hancock Collateral Trust* 756,285 $1,212,438   $125,024,865   $(118,672,254)   $(1,691)   $776   $63,736 —   $7,564,134
    
* Refer to the Securities lending note within Note 2 for details regarding this investment.
Note 11—Investment by affiliated funds
Certain investors in the funds are affiliated funds that are managed by the Advisor and its affiliates. The affiliated funds do not invest in the funds for the purpose of exercising management or control; however, this investment may represent a significant portion of the funds’ net assets. At March 31, 2026, funds within the John Hancock group of funds complex had the following affiliate ownership as a percentage of the funds’ net assets (funds with an affiliate ownership of 5% or more are disclosed separately):
Fund Affiliated Fund Affiliated Concentration
Multifactor Developed International ETF John Hancock Variable Insurance Trust Managed Volatility Growth Portfolio 19.3%
  John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio 6.8%
  Other affiliated funds 0.7%
  Total 26.8%
Multifactor Emerging Markets ETF John Hancock Funds II Multimanager Lifestyle Growth Portfolio 19.4%
  John Hancock Variable Insurance Trust Managed Volatility Growth Portfolio 14.5%
  John Hancock Funds II Multimanager Lifestyle Balanced Portfolio 14.1%
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Fund Affiliated Fund Affiliated Concentration
  John Hancock Funds II Multimanager Lifestyle Aggressive Portfolio 10.0%
  John Hancock Variable Insurance Trust Lifestyle Growth Portfolio 7.7%
  John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio 6.9%
  Other affiliated funds 14.1%
  Total 86.7%
Multifactor Mid Cap ETF Total other affiliated funds 3.8%
Multifactor Small Cap ETF John Hancock Variable Insurance Trust Managed Volatility Growth Portfolio 15.5%
  John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio 8.0%
  Other affiliated funds 1.7%
  Total 25.2%
Note 12—Segment reporting
The management committee of the Advisor acts as the funds’ chief operating decision maker (the CODM), assessing performance and making decisions about resource allocation. Each fund represents a single operating segment, as the CODM monitors and assesses the operating results of the fund as a whole, and the fund’s long-term strategic asset allocation is managed in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the portfolio management team of the fund’s subadvisor. Segment assets are reflected in the Statements of assets and liabilities as “Total assets”, which consists primarily of total investments at value. The financial information, including the measurement of profit and loss and significant expenses, provided to and reviewed by the CODM is consistent with that presented within the Statements of operations, which includes “Increase (decrease) in net assets from operations”, Statements of changes in net assets, which includes “Increase (decrease) in net assets from fund share transactions”, and Financial highlights, which includes total return and income and expense ratios.
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Report of Independent Registered Public Accounting Firm
To the Board of Trustees of John Hancock Exchange-Traded Fund Trust and Shareholders of Multifactor Developed International ETF, Multifactor Emerging Markets ETF, Multifactor Large Cap ETF, Multifactor Mid Cap ETF and Multifactor Small Cap ETF
Opinions on the Financial Statements
We have audited the accompanying statements of assets and liabilities, including the funds’ investments, of Multifactor Developed International ETF, Multifactor Emerging Markets ETF, Multifactor Large Cap ETF, Multifactor Mid Cap ETF and Multifactor Small Cap ETF (five of the funds constituting John Hancock Exchange-Traded Fund Trust, hereafter collectively referred to as the "Funds") as of March 31, 2026, the related statements of operations for the eleven-month period ended March 31, 2026 and for the year ended April 30, 2025, the statements of changes in net assets for the eleven-month period ended March 31, 2026 and for each of the two years in the period ended April 30, 2025, including the related notes, and the financial highlights for the eleven-month period ended March 31, 2026 and for each of the five years in the period ended April 30, 2025 (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds as of March 31, 2026, the results of each of their operations for the eleven-month period ended March 31, 2026 and for the year ended April 30, 2025, the changes in each of their net assets for the eleven-month period ended March 31, 2026 and for each of the two years in the period ended April 30, 2025 and each of the financial highlights for the eleven-month period ended March 31, 2026 and for each of the five years in the period ended April 30, 2025 in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinions
These financial statements are the responsibility of the Funds’ management. Our responsibility is to express an opinion on the Funds’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of March 31, 2026 by correspondence with the custodian, transfer agents and brokers; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinions.
/s/ PricewaterhouseCoopers LLP
Boston, Massachusetts
May 19, 2026
We have served as the auditor of one or more investment companies in the John Hancock group of funds since 1988.
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Tax information
(Unaudited)
For federal income tax purposes, the following information is furnished with respect to the distributions of the funds, if any, paid during its taxable period ended March 31, 2026.
Each fund reports the maximum amount allowable of its net taxable income as eligible for the corporate dividends-received deduction.
Each fund reports the maximum amount allowable of its net taxable income as qualified dividend income as provided in the Jobs and Growth Tax Relief Reconciliation Act of 2003.
Each fund reports the maximum amount allowable as Section 163(j) Interest Dividends.
Each fund reports the maximum amount allowable of its Section 199A dividends as defined in Proposed Treasury Regulation §1.199A-3(d).
Fund Foreign sourced income Foreign tax credit
Multifactor Developed International ETF $24,985,331 $1,670,676
Multifactor Emerging Markets ETF 19,642,666 3,774,000
Eligible shareholders will be mailed a 2026 Form 1099-DIV in early 2027. This will reflect the tax character of all distributions paid in calendar year 2026.
Please consult a tax advisor regarding the tax consequences of your investment in a fund.
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SHAREHOLDER MEETING
(Unaudited)
John Hancock Exchange-Traded Fund Trust held a Special Joint Meeting of Shareholders on Wednesday, November 12, 2025. The following proposal was considered by the shareholders:
Proposal: To elect five Trustees as members of the Board of Trustees of the Trust.
THE PROPOSAL PASSED ON November 12, 2025.
  Total votes
for the nominee 		Total votes withheld
from the nominee
Independent Trustees    
William K. Bacic 88,673,331 1,228,907
Christine L. Hurtsellers 88,908,859 993,379
Kenneth J. Phelan 88,618,058 1,284,180
Thomas R. Wright 88,695,923 1,206,315
    
Non-Independent Trustee    
Kristie M. Feinberg 88,864,414 1,037,824
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John Hancock Investment Management LLC, 200 Berkeley Street, Boston, MA 02116, 800-225-6020, jhinvestments.com/etf
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
This report is for the information of the shareholders of John Hancock Multifactor ETFs. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.
JHAN-20180615-0136 ETF2A 3/2026
5/2026


Annual Financial Statements & Other N-CSR Items
John Hancock
Active Fixed Income ETFs
March 31, 2026
John Hancock
Active Fixed Income ETFs
Table of contents
2 Funds’ investments
78 Financial statements
86 Financial highlights
91 Notes to financial statements
102 Report of independent registered public accounting firm
104 Tax information
105 Shareholder meeting 
1 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |   
Table of Contents
Funds’ investments
CORE BOND ETF
As of 3-31-26
  Rate (%) Maturity date   Par value^ Value
U.S. Government and Agency obligations 53.9%     $1,195,243,461
(Cost $1,220,088,378)          
U.S. Government 19.2%       424,680,763
U.S. Treasury          
Bond 1.375 08-15-50   52,709,000 25,773,878
Bond 1.625 11-15-50   32,833,000 17,130,874
Bond 2.000 02-15-50   40,967,000 23,850,475
Bond 2.500 02-15-45   17,812,000 12,491,361
Bond 3.375 11-15-48   16,141,000 12,648,617
Bond 4.000 11-15-42   30,703,000 27,782,617
Bond 4.625 11-15-44   139,000 134,499
Bond 4.625 11-15-55   53,313,000 50,938,905
Bond 4.750 02-15-45   166,000 163,108
Bond 4.750 08-15-55   22,856,000 22,273,886
Bond 4.875 08-15-45   13,621,000 13,576,306
Bond 5.000 05-15-45   3,335,000 3,378,381
Note 3.375 02-29-28   29,071,000 28,841,612
Note 3.500 01-15-29   9,283,000 9,203,950
Note 3.500 03-15-29   32,596,000 32,308,239
Note 3.500 11-30-30   12,710,000 12,476,156
Note 3.875 03-31-31   51,810,000 51,644,044
Note 4.125 07-31-31   4,633,000 4,663,042
Note 4.125 02-15-36   41,753,000 41,100,609
Note 4.250 03-31-33   34,066,000 34,300,204
U.S. Government Agency 34.7%       770,562,698
Federal Home Loan Mortgage Corp.          
15 Yr Pass Thru 2.000 11-01-35   60,832 56,340
15 Yr Pass Thru 2.000 06-01-36   4,864,335 4,486,889
15 Yr Pass Thru 4.000 08-01-37   2,729,170 2,686,303
15 Yr Pass Thru 4.000 08-01-37   1,515,393 1,489,697
15 Yr Pass Thru 4.000 08-01-37   2,417,647 2,374,385
15 Yr Pass Thru 4.000 06-01-40   50,459 49,256
15 Yr Pass Thru 4.500 12-01-37   899,037 895,338
30 Yr Pass Thru 2.000 03-01-52   19,614,195 16,035,136
30 Yr Pass Thru 2.500 10-01-51   32,350 27,652
30 Yr Pass Thru 2.500 11-01-51   4,590,475 3,933,854
30 Yr Pass Thru 2.500 12-01-51   1,315,392 1,121,073
30 Yr Pass Thru 3.000 03-01-43   2,437,737 2,255,084
30 Yr Pass Thru 3.000 12-01-45   932,869 850,657
30 Yr Pass Thru 3.000 05-01-46   3,715,009 3,367,768
30 Yr Pass Thru 3.000 12-01-46   7,746,835 6,996,110
30 Yr Pass Thru 3.000 12-01-46   1,862,294 1,687,644
30 Yr Pass Thru 3.000 09-01-49   4,101,939 3,669,181
30 Yr Pass Thru 3.000 10-01-49   4,080,247 3,654,879
30 Yr Pass Thru 3.000 12-01-49   3,130,296 2,803,960
30 Yr Pass Thru 3.000 02-01-50   54,266 48,643
30 Yr Pass Thru 3.000 11-01-50   1,582,140 1,409,785
30 Yr Pass Thru 3.000 09-01-51   79,428 70,875
30 Yr Pass Thru 3.000 02-01-52   4,131,691 3,672,554
30 Yr Pass Thru 3.000 05-01-52   76,006 67,940
30 Yr Pass Thru 3.000 06-01-52   5,068,847 4,510,320
30 Yr Pass Thru 3.000 06-01-52   54,311 48,463
30 Yr Pass Thru 3.500 10-01-46   3,327,614 3,082,056
30 Yr Pass Thru 3.500 04-01-47   1,796,785 1,682,389
30 Yr Pass Thru 3.500 08-01-47   4,237,526 3,927,160
30 Yr Pass Thru 3.500 12-01-49   2,757,412 2,543,389
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 2
Table of Contents
  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)        
30 Yr Pass Thru 3.500 01-01-50   76,278 $70,548
30 Yr Pass Thru 3.500 07-01-50   83,980 77,698
30 Yr Pass Thru 3.500 01-01-52   74,397 68,693
30 Yr Pass Thru 3.500 03-01-52   2,441,272 2,255,602
30 Yr Pass Thru 3.500 03-01-52   5,167,848 4,757,045
30 Yr Pass Thru 3.500 03-01-52   2,454,445 2,266,240
30 Yr Pass Thru 3.500 03-01-52   85,128 78,494
30 Yr Pass Thru 3.500 04-01-52   11,561,856 10,675,298
30 Yr Pass Thru 3.500 07-01-52   1,831,297 1,685,151
30 Yr Pass Thru 3.500 07-01-52   3,657,632 3,368,022
30 Yr Pass Thru 3.500 07-01-52   2,753,993 2,534,212
30 Yr Pass Thru 3.500 11-01-52   34,626 32,123
30 Yr Pass Thru 4.000 08-01-48   3,804,058 3,641,043
30 Yr Pass Thru 4.000 08-01-49   6,519,393 6,185,611
30 Yr Pass Thru 4.000 05-01-52   6,455,513 6,104,828
30 Yr Pass Thru 4.000 05-01-52   92,613 87,958
30 Yr Pass Thru 4.000 06-01-52   6,473,141 6,115,430
30 Yr Pass Thru 4.000 06-01-52   61,561 58,275
30 Yr Pass Thru 4.000 06-01-52   4,753,897 4,513,477
30 Yr Pass Thru 4.000 07-01-52   61,527 58,454
30 Yr Pass Thru 4.000 07-01-52   63,231 59,796
30 Yr Pass Thru 4.000 08-01-52   3,538,031 3,345,833
30 Yr Pass Thru 4.000 08-01-52   10,290,854 9,757,548
30 Yr Pass Thru 4.000 11-01-52   64,818 61,425
30 Yr Pass Thru 4.000 12-01-52   61,659 58,579
30 Yr Pass Thru 4.000 12-01-52   42,061 40,263
30 Yr Pass Thru 4.000 04-01-53   2,071,097 1,967,649
30 Yr Pass Thru 4.000 04-01-53   2,074,301 1,966,804
30 Yr Pass Thru 4.000 01-01-54   63,288 59,672
30 Yr Pass Thru 4.000 01-01-54   13,014 12,282
30 Yr Pass Thru 4.500 07-01-52   2,025,169 1,969,443
30 Yr Pass Thru 4.500 07-01-52   55,558 54,463
30 Yr Pass Thru 4.500 08-01-52   6,012,733 5,851,041
30 Yr Pass Thru 4.500 08-01-52   5,197,873 5,058,094
30 Yr Pass Thru 4.500 09-01-52   3,152,541 3,064,808
30 Yr Pass Thru 4.500 09-01-52   3,735,930 3,638,967
30 Yr Pass Thru 4.500 09-01-52   44,805 43,409
30 Yr Pass Thru 4.500 12-01-52   2,024,850 1,967,868
30 Yr Pass Thru 4.500 02-01-53   41,621 40,541
30 Yr Pass Thru 4.500 02-01-53   57,424 55,665
30 Yr Pass Thru 4.500 03-01-53   60,233 58,481
30 Yr Pass Thru 4.500 04-01-53   1,721,584 1,675,826
30 Yr Pass Thru 4.500 02-01-54   59,202 57,480
30 Yr Pass Thru 4.500 02-01-54   2,607,845 2,534,456
30 Yr Pass Thru 4.500 06-01-54   7,303,240 7,106,664
30 Yr Pass Thru 5.000 08-01-52   8,435,884 8,411,132
30 Yr Pass Thru 5.000 08-01-52   60,143 59,797
30 Yr Pass Thru 5.000 10-01-52   3,969,560 3,946,749
30 Yr Pass Thru 5.000 12-01-52   10,717,806 10,649,517
30 Yr Pass Thru 5.000 02-01-53   6,458,813 6,419,678
30 Yr Pass Thru 5.000 03-01-53   49,232 49,026
30 Yr Pass Thru 5.000 04-01-53   63,825 63,598
30 Yr Pass Thru 5.000 04-01-53   67,112 66,768
30 Yr Pass Thru 5.000 06-01-53   1,420,476 1,408,762
30 Yr Pass Thru 5.000 07-01-53   11,525,255 11,466,227
30 Yr Pass Thru 5.000 07-01-53   1,689,157 1,681,034
30 Yr Pass Thru 5.000 08-01-53   5,331,758 5,306,117
3 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)        
30 Yr Pass Thru 5.000 08-01-53   64,542 $64,131
30 Yr Pass Thru 5.000 11-01-54   69,427 68,920
30 Yr Pass Thru 5.000 12-01-54   3,098,351 3,080,546
30 Yr Pass Thru 5.000 12-01-54   6,314 6,277
30 Yr Pass Thru 5.000 12-01-54   42,720 42,515
30 Yr Pass Thru 5.000 01-01-55   11,806,872 11,731,643
30 Yr Pass Thru 5.000 01-01-56   89,394 88,908
30 Yr Pass Thru 5.500 11-01-52   54,861 55,783
30 Yr Pass Thru 5.500 06-01-53   3,281,593 3,337,747
30 Yr Pass Thru 5.500 07-01-53   3,587,689 3,649,081
30 Yr Pass Thru 5.500 09-01-53   2,213,287 2,251,160
30 Yr Pass Thru 5.500 04-01-54   4,434,859 4,509,994
30 Yr Pass Thru 5.500 11-01-54   4,152,200 4,205,317
30 Yr Pass Thru 5.500 01-01-55   1,658,275 1,677,064
30 Yr Pass Thru 5.500 01-01-55   28,210 28,737
30 Yr Pass Thru 5.500 02-01-55   1,102,019 1,121,738
30 Yr Pass Thru 5.500 02-01-55   3,886,505 3,947,545
30 Yr Pass Thru 5.500 04-01-55   5,031,815 5,103,373
30 Yr Pass Thru 5.500 05-01-55   4,996,498 5,079,655
30 Yr Pass Thru 5.500 09-01-55   3,881,196 3,919,411
Federal National Mortgage Association          
15 Yr Pass Thru 1.500 12-01-35   56,043 50,652
15 Yr Pass Thru 1.500 11-01-36   57,209 51,584
15 Yr Pass Thru 2.000 07-01-36   62,022 57,152
15 Yr Pass Thru 2.000 04-01-37   5,190,506 4,787,751
15 Yr Pass Thru 2.500 08-01-35   5,120,848 4,850,486
15 Yr Pass Thru 2.500 03-01-36   60,050 56,791
15 Yr Pass Thru 2.500 05-01-36   7,527,469 7,158,275
15 Yr Pass Thru 3.000 03-01-33   4,301,946 4,184,957
15 Yr Pass Thru 3.000 07-01-37   51,570 49,249
15 Yr Pass Thru 4.000 10-01-37   3,632,765 3,571,165
15 Yr Pass Thru 4.000 01-01-38   2,127,374 2,086,647
15 Yr Pass Thru 4.500 11-01-37   5,052,613 5,042,876
15 Yr Pass Thru 4.500 12-01-37   1,780,637 1,777,206
30 Yr Pass Thru 2.000 06-01-50   83,631 68,135
30 Yr Pass Thru 2.000 07-01-50   84,072 68,494
30 Yr Pass Thru 2.000 12-01-50   5,165,466 4,224,523
30 Yr Pass Thru 2.000 07-01-51   6,234,794 5,075,681
30 Yr Pass Thru 2.000 07-01-51   2,426,806 1,975,638
30 Yr Pass Thru 2.000 02-01-52   3,813,529 3,084,295
30 Yr Pass Thru 2.000 03-01-52   74,225 60,681
30 Yr Pass Thru 2.500 01-01-50   90,969 77,615
30 Yr Pass Thru 2.500 09-01-50   91,432 77,039
30 Yr Pass Thru 2.500 12-01-50   17,363,432 14,874,343
30 Yr Pass Thru 2.500 08-01-51   3,946,328 3,376,913
30 Yr Pass Thru 2.500 08-01-51   3,907,629 3,343,798
30 Yr Pass Thru 2.500 10-01-51   2,293,783 1,962,814
30 Yr Pass Thru 2.500 11-01-51   11,448,204 9,828,542
30 Yr Pass Thru 2.500 01-01-52   5,284,669 4,512,236
30 Yr Pass Thru 2.500 01-01-52   91,360 77,721
30 Yr Pass Thru 2.500 01-01-52   63,425 54,204
30 Yr Pass Thru 2.500 03-01-52   17,804,666 15,199,468
30 Yr Pass Thru 2.500 04-01-52   62,959 53,924
30 Yr Pass Thru 2.500 04-01-52   80,478 68,715
30 Yr Pass Thru 3.000 01-01-43   308,672 283,714
30 Yr Pass Thru 3.000 12-01-45   2,500,213 2,265,969
30 Yr Pass Thru 3.000 08-01-46   2,182,226 1,970,413
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 4
Table of Contents
  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)        
30 Yr Pass Thru 3.000 01-01-47   2,182,896 $1,973,064
30 Yr Pass Thru 3.000 02-01-47   2,167,793 1,962,122
30 Yr Pass Thru 3.000 10-01-47   4,995,179 4,508,770
30 Yr Pass Thru 3.000 11-01-48   625,308 563,245
30 Yr Pass Thru 3.000 11-01-48   1,875,026 1,696,858
30 Yr Pass Thru 3.000 09-01-49   3,510,870 3,092,196
30 Yr Pass Thru 3.000 10-01-49   4,393,015 3,937,786
30 Yr Pass Thru 3.000 11-01-49   3,526,813 3,106,238
30 Yr Pass Thru 3.000 11-01-49   312,249 279,697
30 Yr Pass Thru 3.000 11-01-49   2,522,690 2,256,544
30 Yr Pass Thru 3.000 01-01-50   79,917 71,211
30 Yr Pass Thru 3.000 02-01-50   4,480,746 3,946,414
30 Yr Pass Thru 3.000 03-01-50   80,212 71,349
30 Yr Pass Thru 3.000 11-01-51   76,660 68,213
30 Yr Pass Thru 3.000 12-01-51   3,189,509 2,827,298
30 Yr Pass Thru 3.000 12-01-51   3,489,731 3,103,023
30 Yr Pass Thru 3.000 01-01-52   6,005,523 5,343,785
30 Yr Pass Thru 3.000 02-01-52   318,195 282,836
30 Yr Pass Thru 3.000 02-01-52   4,672,859 4,152,124
30 Yr Pass Thru 3.000 02-01-52   4,129,949 3,642,612
30 Yr Pass Thru 3.000 03-01-52   15,199,889 13,515,541
30 Yr Pass Thru 3.000 03-01-52   54,414 48,367
30 Yr Pass Thru 3.000 03-01-52   55,270 49,404
30 Yr Pass Thru 3.000 05-01-52   32,274 28,687
30 Yr Pass Thru 3.000 05-01-52   943,711 842,379
30 Yr Pass Thru 3.000 05-01-52   81,023 71,392
30 Yr Pass Thru 3.500 04-01-45   3,574,459 3,346,983
30 Yr Pass Thru 3.500 07-01-47   6,910,834 6,462,980
30 Yr Pass Thru 3.500 11-01-47   5,731,309 5,341,984
30 Yr Pass Thru 3.500 01-01-48   2,710,694 2,519,781
30 Yr Pass Thru 3.500 06-01-49   4,843,787 4,504,155
30 Yr Pass Thru 3.500 06-01-49   53,385 49,625
30 Yr Pass Thru 3.500 07-01-49   53,916 50,001
30 Yr Pass Thru 3.500 08-01-49   53,469 49,469
30 Yr Pass Thru 3.500 03-01-50   3,375,144 3,094,190
30 Yr Pass Thru 3.500 04-01-50   54,104 50,040
30 Yr Pass Thru 3.500 06-01-50   3,033,618 2,805,741
30 Yr Pass Thru 3.500 03-01-51   4,876,932 4,507,543
30 Yr Pass Thru 3.500 07-01-51   76,668 70,909
30 Yr Pass Thru 3.500 01-01-52   77,624 71,187
30 Yr Pass Thru 3.500 02-01-52   2,414,263 2,236,683
30 Yr Pass Thru 3.500 04-01-52   3,066,697 2,827,711
30 Yr Pass Thru 3.500 04-01-52   76,202 70,240
30 Yr Pass Thru 3.500 05-01-52   2,742,091 2,526,687
30 Yr Pass Thru 3.500 05-01-52   6,126,443 5,627,952
30 Yr Pass Thru 3.500 08-01-52   5,482,699 5,048,581
30 Yr Pass Thru 3.500 09-01-52   3,672,208 3,376,853
30 Yr Pass Thru 3.500 09-01-52   2,465,008 2,262,820
30 Yr Pass Thru 3.500 12-01-52   3,994,924 3,688,595
30 Yr Pass Thru 3.500 08-01-53   2,752,988 2,547,912
30 Yr Pass Thru 4.000 01-01-42   2,576,502 2,513,934
30 Yr Pass Thru 4.000 03-01-42   867,196 843,313
30 Yr Pass Thru 4.000 03-01-42   581,473 565,285
30 Yr Pass Thru 4.000 06-01-43   2,876,078 2,804,104
30 Yr Pass Thru 4.000 09-01-43   6,683,193 6,487,773
30 Yr Pass Thru 4.000 12-01-43   1,453,191 1,410,277
30 Yr Pass Thru 4.000 03-01-44   1,448,806 1,409,433
5 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)        
30 Yr Pass Thru 4.000 05-01-44   2,278,302 $2,215,553
30 Yr Pass Thru 4.000 04-01-48   3,217,048 3,079,484
30 Yr Pass Thru 4.000 01-01-49   592,629 562,472
30 Yr Pass Thru 4.000 05-01-49   62,169 59,006
30 Yr Pass Thru 4.000 07-01-49   1,466,639 1,400,258
30 Yr Pass Thru 4.000 07-01-49   1,471,584 1,404,519
30 Yr Pass Thru 4.000 02-01-50   2,363,618 2,247,775
30 Yr Pass Thru 4.000 03-01-51   8,816,538 8,400,963
30 Yr Pass Thru 4.000 08-01-51   4,686,810 4,473,217
30 Yr Pass Thru 4.000 04-01-52   887,209 842,895
30 Yr Pass Thru 4.000 05-01-52   4,153,477 3,927,846
30 Yr Pass Thru 4.000 05-01-52   4,121,848 3,909,529
30 Yr Pass Thru 4.000 05-01-52   62,718 59,346
30 Yr Pass Thru 4.000 05-01-52   41,754 39,969
30 Yr Pass Thru 4.000 06-01-52   1,449,901 1,382,918
30 Yr Pass Thru 4.000 06-01-52   62,690 59,442
30 Yr Pass Thru 4.000 06-01-52   2,973,787 2,812,241
30 Yr Pass Thru 4.000 06-01-52   65,827 62,338
30 Yr Pass Thru 4.000 06-01-52   7,310 6,944
30 Yr Pass Thru 4.000 06-01-52   41,826 39,959
30 Yr Pass Thru 4.000 07-01-52   15,319,011 14,509,810
30 Yr Pass Thru 4.000 07-01-52   3,246,421 3,078,181
30 Yr Pass Thru 4.000 07-01-52   2,665,999 2,527,838
30 Yr Pass Thru 4.000 07-01-52   2,910,755 2,755,362
30 Yr Pass Thru 4.000 09-01-52   9,390 8,854
30 Yr Pass Thru 4.000 01-01-53   62,124 59,351
30 Yr Pass Thru 4.500 06-01-52   3,754,343 3,653,383
30 Yr Pass Thru 4.500 06-01-52   8,927,683 8,682,024
30 Yr Pass Thru 4.500 06-01-52   3,403,436 3,306,595
30 Yr Pass Thru 4.500 07-01-52   7,128,100 6,931,959
30 Yr Pass Thru 4.500 07-01-52   4,906,269 4,771,265
30 Yr Pass Thru 4.500 07-01-52   61,929 60,264
30 Yr Pass Thru 4.500 08-01-52   4,627,646 4,485,848
30 Yr Pass Thru 4.500 08-01-52   3,166,526 3,075,436
30 Yr Pass Thru 4.500 08-01-52   58,133 56,842
30 Yr Pass Thru 4.500 08-01-52   61,870 59,974
30 Yr Pass Thru 4.500 08-01-52   5,187,398 5,044,659
30 Yr Pass Thru 4.500 09-01-52   5,997,954 5,847,906
30 Yr Pass Thru 4.500 09-01-52   2,011,720 1,956,993
30 Yr Pass Thru 4.500 09-01-52   59,406 57,678
30 Yr Pass Thru 4.500 10-01-52   284,449 277,333
30 Yr Pass Thru 4.500 10-01-52   2,584,244 2,512,327
30 Yr Pass Thru 4.500 10-01-52   2,295,252 2,235,681
30 Yr Pass Thru 4.500 10-01-52   8,984,405 8,703,494
30 Yr Pass Thru 4.500 10-01-52   62,444 60,823
30 Yr Pass Thru 4.500 11-01-52   2,868,093 2,790,069
30 Yr Pass Thru 4.500 11-01-52   58,914 57,385
30 Yr Pass Thru 4.500 03-01-53   8,969,816 8,689,360
30 Yr Pass Thru 4.500 04-01-53   2,583,454 2,512,366
30 Yr Pass Thru 4.500 04-01-53   6,532,919 6,400,110
30 Yr Pass Thru 4.500 06-01-53   62,260 60,508
30 Yr Pass Thru 4.500 01-01-54   62,209 60,517
30 Yr Pass Thru 4.500 04-01-54   63,599 61,730
30 Yr Pass Thru 4.500 01-01-56   74,681 72,410
30 Yr Pass Thru 5.000 08-01-52   63,355 63,208
30 Yr Pass Thru 5.000 09-01-52   2,542,332 2,533,283
30 Yr Pass Thru 5.000 09-01-52   13,726 13,677
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 6
Table of Contents
  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)        
30 Yr Pass Thru 5.000 09-01-52   59,652 $59,171
30 Yr Pass Thru 5.000 10-01-52   1,406,624 1,401,618
30 Yr Pass Thru 5.000 10-01-52   17,211,390 17,107,105
30 Yr Pass Thru 5.000 10-01-52   3,369,210 3,347,743
30 Yr Pass Thru 5.000 12-01-52   3,950,733 3,936,672
30 Yr Pass Thru 5.000 04-01-53   14,594,189 14,524,004
30 Yr Pass Thru 5.000 04-01-53   2,513,108 2,517,515
30 Yr Pass Thru 5.000 07-01-53   55,058 54,821
30 Yr Pass Thru 5.000 09-01-53   62,758 62,495
30 Yr Pass Thru 5.000 11-01-53   4,251,500 4,209,797
30 Yr Pass Thru 5.000 11-01-54   11,003 10,971
30 Yr Pass Thru 5.000 11-01-54   73,885 73,530
30 Yr Pass Thru 5.000 11-01-55   88,311 87,749
30 Yr Pass Thru 5.500 12-01-52   4,405,342 4,474,545
30 Yr Pass Thru 5.500 12-01-52   6,088,302 6,196,289
30 Yr Pass Thru 5.500 08-01-53   3,554,821 3,612,040
30 Yr Pass Thru 5.500 09-01-53   69,453 70,549
30 Yr Pass Thru 5.500 09-01-53   68,590 69,154
30 Yr Pass Thru 5.500 10-01-53   19,186 19,473
30 Yr Pass Thru 5.500 02-01-54   1,374,054 1,395,742
30 Yr Pass Thru 5.500 05-01-54   3,068,808 3,091,544
30 Yr Pass Thru 5.500 05-01-54   3,880,117 3,924,384
30 Yr Pass Thru 5.500 05-01-54   1,936,966 1,952,406
30 Yr Pass Thru 5.500 08-01-54   30,470 30,943
30 Yr Pass Thru 5.500 10-01-54   56,278 57,180
30 Yr Pass Thru 5.500 11-01-54   817,400 830,245
30 Yr Pass Thru 5.500 11-01-54   27,095 27,588
30 Yr Pass Thru 5.500 11-01-54   1,658,705 1,685,274
30 Yr Pass Thru 5.500 12-01-54   1,382,906 1,402,464
30 Yr Pass Thru 5.500 02-01-55   30,370 30,859
30 Yr Pass Thru 5.500 04-01-55   4,712,990 4,773,755
30 Yr Pass Thru 5.500 06-01-55   24,461 24,782
30 Yr Pass Thru 5.500 06-01-55   4,430,794 4,482,728
30 Yr Pass Thru 5.500 06-01-55   2,828,943 2,878,899
30 Yr Pass Thru 5.500 06-01-55   75,770 76,880
30 Yr Pass Thru 5.500 09-01-55   1,942,565 1,973,056
Corporate bonds 30.5%     $677,549,565
(Cost $692,215,427)          
Communication services 1.8%     39,650,027
Diversified telecommunication services 0.3%      
AT&T, Inc. 2.750 06-01-31   4,553,000 4,163,419
AT&T, Inc. 4.500 05-15-35   1,891,000 1,792,409
AT&T, Inc. (A) 4.750 04-30-33   1,390,000 1,376,833
Entertainment 0.2%      
Netflix, Inc. (B) 4.875 06-15-30   2,073,000 2,102,618
WMG Acquisition Corp. (B) 3.875 07-15-30   2,693,000 2,531,155
Interactive media and services 0.3%      
Alphabet, Inc. 4.400 02-15-33   2,149,000 2,122,235
Meta Platforms, Inc. 4.200 11-15-30   2,482,000 2,457,917
Meta Platforms, Inc. 4.600 11-15-32   1,734,000 1,716,988
Meta Platforms, Inc. 5.625 11-15-55   941,000 882,084
Media 0.6%      
Charter Communications Operating LLC 2.800 04-01-31   2,918,000 2,619,800
Charter Communications Operating LLC 6.384 10-23-35   4,959,000 5,035,783
News Corp. (B) 3.875 05-15-29   1,732,000 1,671,509
News Corp. (B) 5.125 02-15-32   3,294,000 3,220,591
7 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Communication services (continued)      
Wireless telecommunication services 0.4%      
T-Mobile USA, Inc. 3.875 04-15-30   8,097,000 $7,885,433
T-Mobile USA, Inc. 5.200 01-15-33   70,000 71,253
Consumer discretionary 0.7%     16,217,771
Automobiles 0.3%      
General Motors Financial Company, Inc. 5.600 06-18-31   7,032,000 7,197,260
Hyundai Capital America (B) 5.400 01-08-31   207,000 211,118
Broadline retail 0.1%      
Amazon.com, Inc. 4.550 03-13-33   2,145,000 2,124,355
Hotels, restaurants and leisure 0.1%      
Airbnb, Inc. 4.650 03-16-31   617,000 615,610
Marriott International, Inc. 4.500 05-01-33   966,000 933,366
Royal Caribbean Cruises, Ltd. 5.375 01-15-36   1,809,000 1,777,247
Specialty retail 0.2%      
The Home Depot, Inc. 3.250 04-15-32   1,287,000 1,201,308
The Home Depot, Inc. 4.950 06-25-34   2,142,000 2,157,507
Consumer staples 0.7%     15,407,181
Food products 0.5%      
JBS NV 3.625 01-15-32   2,680,000 2,482,457
JBS NV 5.750 04-01-33   2,680,000 2,766,404
JBS NV 5.950 04-20-35   690,000 716,264
Mars, Inc. (B) 4.800 03-01-30   2,049,000 2,070,564
Mars, Inc. (B) 5.000 03-01-32   1,468,000 1,485,431
Pilgrim’s Pride Corp. 6.250 07-01-33   1,711,000 1,791,725
Personal care products 0.2%      
Kenvue, Inc. 4.850 05-22-32   2,962,000 2,993,548
Kenvue, Inc. 4.900 03-22-33   1,092,000 1,100,788
Energy 3.4%     75,715,570
Oil, gas and consumable fuels 3.4%      
Antero Resources Corp. (B) 5.375 03-01-30   2,501,000 2,513,743
BP Capital Markets America, Inc. 4.812 02-13-33   1,097,000 1,100,550
Cheniere Energy Partners LP 3.250 01-31-32   5,172,000 4,713,812
Cheniere Energy Partners LP 5.550 10-30-35   7,000 7,128
Cheniere Energy Partners LP 5.950 06-30-33   2,734,000 2,866,082
Columbia Pipelines Holding Company LLC (B) 4.999 11-17-32   1,728,000 1,716,619
Columbia Pipelines Holding Company LLC (B) 5.681 01-15-34   3,845,000 3,934,275
Columbia Pipelines Operating Company LLC (B) 6.036 11-15-33   2,161,000 2,276,971
Continental Resources, Inc. (B) 2.875 04-01-32   1,681,000 1,472,377
Continental Resources, Inc. (B) 5.750 01-15-31   2,509,000 2,557,074
Devon Energy Corp. 5.200 09-15-34   2,055,000 2,060,149
DT Midstream, Inc. (B) 4.375 06-15-31   4,897,000 4,720,375
DT Midstream, Inc. (B) 5.800 12-15-34   1,067,000 1,095,487
Energy Transfer LP 5.150 03-15-45   1,996,000 1,737,347
Energy Transfer LP 5.600 09-01-34   1,712,000 1,744,810
Enterprise Products Operating LLC (5.250% to 8-16-27, then 3 month CME Term SOFR + 3.295%) 5.250 08-16-77   4,864,000 4,820,631
Enterprise Products Operating LLC 5.350 01-31-33   1,169,000 1,205,751
EOG Resources, Inc. 5.000 07-15-32   1,191,000 1,205,819
Expand Energy Corp. 4.750 02-01-32   2,134,000 2,079,302
MPLX LP 4.950 09-01-32   1,779,000 1,770,935
MPLX LP 5.000 03-01-33   1,707,000 1,697,414
Occidental Petroleum Corp. 5.375 01-01-32   1,515,000 1,537,699
Occidental Petroleum Corp. 6.450 09-15-36   4,602,000 4,917,232
Occidental Petroleum Corp. 6.625 09-01-30   712,000 765,636
Ovintiv, Inc. 6.250 07-15-33   1,060,000 1,118,431
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 8
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Energy (continued)      
Oil, gas and consumable fuels (continued)      
Ovintiv, Inc. 7.200 11-01-31   357,000 $392,312
Permian Resources Operating LLC (B) 6.250 02-01-33   824,000 839,356
Plains All American Pipeline LP 4.700 01-15-31   1,098,000 1,094,658
Sabine Pass Liquefaction LLC 4.500 05-15-30   5,742,000 5,700,311
Targa Resources Corp. 5.500 02-15-35   1,746,000 1,761,529
Targa Resources Corp. 6.150 03-01-29   1,743,000 1,815,947
Targa Resources Partners LP 4.000 01-15-32   2,253,000 2,135,180
Viper Energy Partners LLC 4.900 08-01-30   730,000 729,518
Western Midstream Operating LP 4.050 02-01-30   2,427,000 2,356,798
Western Midstream Operating LP 5.450 11-15-34   1,081,000 1,070,428
Whistler Pipeline LLC (B) 5.400 09-30-29   1,051,000 1,076,584
Whistler Pipeline LLC (B) 5.700 09-30-31   1,078,000 1,107,300
Financials 11.4%     253,089,863
Banks 6.4%      
Bank of America Corp. (2.592% to 4-29-30, then Overnight SOFR + 2.150%) 2.592 04-29-31   3,901,000 3,603,882
Bank of America Corp. (2.687% to 4-22-31, then Overnight SOFR + 1.320%) 2.687 04-22-32   6,718,000 6,087,976
Bank of America Corp. (4.571% to 4-27-32, then Overnight SOFR + 1.830%) 4.571 04-27-33   6,546,000 6,431,546
Bank of America Corp. (5.425% to 8-15-34, then Overnight SOFR + 1.913%) 5.425 08-15-35   5,534,000 5,521,068
Bank of America Corp. (5.518% to 10-25-34, then Overnight SOFR + 1.738%) 5.518 10-25-35   591,000 590,986
Bank of America Corp. (6.625% to 5-1-30, then 5 Year CMT + 2.684%) (C) 6.625 05-01-30   4,098,000 4,201,454
Citigroup, Inc. (2.561% to 5-1-31, then Overnight SOFR + 1.167%) 2.561 05-01-32   1,689,000 1,510,884
Citigroup, Inc. (6.174% to 5-25-33, then Overnight SOFR + 2.661%) 6.174 05-25-34   3,452,000 3,573,229
Citizens Financial Group, Inc. 3.250 04-30-30   382,000 360,165
Citizens Financial Group, Inc. (5.253% to 3-5-30, then Overnight SOFR + 1.259%) 5.253 03-05-31   2,023,000 2,047,099
Citizens Financial Group, Inc. (5.299% to 1-29-31, then 5 Year CMT + 1.450%) 5.299 01-29-36   368,000 364,687
Citizens Financial Group, Inc. (5.718% to 7-23-31, then Overnight SOFR + 1.910%) 5.718 07-23-32   3,922,000 4,031,452
Citizens Financial Group, Inc. (6.645% to 4-25-34, then Overnight SOFR + 2.325%) 6.645 04-25-35   1,971,000 2,112,444
Fifth Third Bancorp (4.772% to 7-28-29, then SOFR Compounded Index + 2.127%) 4.772 07-28-30   1,090,000 1,090,164
Fifth Third Bancorp (5.631% to 1-29-31, then Overnight SOFR + 1.840%) 5.631 01-29-32   2,121,000 2,186,356
Fifth Third Financial Corp. (5.982% to 1-30-29, then Overnight SOFR + 2.155%) 5.982 01-30-30   1,718,000 1,772,731
First Citizens BancShares, Inc. (4.869% to 3-3-31, then Overnight SOFR + 1.487%) 4.869 03-03-32   3,231,000 3,121,651
First Citizens BancShares, Inc. (5.231% to 3-12-30, then Overnight SOFR + 1.410%) 5.231 03-12-31   2,853,000 2,828,966
First Citizens BancShares, Inc. (5.600% to 9-5-30, then 5 Year CMT + 1.850%) 5.600 09-05-35   2,879,000 2,813,862
First Horizon Corp. (5.514% to 3-7-30, then Overnight SOFR + 1.766%) 5.514 03-07-31   1,756,000 1,779,180
Huntington Bancshares, Inc. (5.272% to 1-15-30, then Overnight SOFR + 1.276%) 5.272 01-15-31   1,782,000 1,809,007
Huntington Bancshares, Inc. (6.141% to 11-18-34, then 5 Year CMT + 1.700%) 6.141 11-18-39   1,080,000 1,099,989
Huntington Bancshares, Inc. (6.208% to 8-21-28, then Overnight SOFR + 2.020%) 6.208 08-21-29   1,370,000 1,421,264
JPMorgan Chase & Co. (4.347% to 1-22-31, then Overnight SOFR + 0.840%) 4.347 01-22-32   1,438,000 1,417,706
JPMorgan Chase & Co. (4.603% to 10-22-29, then Overnight SOFR + 1.040%) 4.603 10-22-30   2,277,000 2,281,856
JPMorgan Chase & Co. (4.995% to 7-22-29, then Overnight SOFR + 1.125%) 4.995 07-22-30   1,717,000 1,741,376
JPMorgan Chase & Co. (5.294% to 7-22-34, then Overnight SOFR + 1.460%) 5.294 07-22-35   3,450,000 3,492,720
JPMorgan Chase & Co. (5.576% to 7-23-35, then Overnight SOFR + 1.635%) 5.576 07-23-36   5,910,000 5,985,094
JPMorgan Chase & Co. (5.581% to 4-22-29, then Overnight SOFR + 1.160%) 5.581 04-22-30   1,546,000 1,593,410
KeyBank NA 5.000 01-26-33   2,872,000 2,830,632
KeyCorp (5.121% to 4-4-30, then SOFR Compounded Index + 1.227%) 5.121 04-04-31   990,000 999,766
KeyCorp (5.305% to 1-28-36, then Overnight SOFR + 1.367%) 5.305 01-28-37   1,107,000 1,084,147
KeyCorp (6.401% to 3-6-34, then SOFR Compounded Index + 2.420%) 6.401 03-06-35   998,000 1,058,121
M&T Bank Corp. (5.125% to 11-1-26, then 3 month CME Term SOFR + 3.782%) (C) 5.125 11-01-26   2,176,000 2,158,257
M&T Bank Corp. (5.179% to 7-8-30, then Overnight SOFR + 1.400%) 5.179 07-08-31   1,351,000 1,365,158
M&T Bank Corp. (5.385% to 1-16-35, then Overnight SOFR + 1.610%) 5.385 01-16-36   2,559,000 2,537,932
M&T Bank Corp. (5.400% to 7-30-30, then 5 Year CMT + 1.430%) 5.400 07-30-35   2,557,000 2,548,775
Old National Bancorp (5.768% to 2-15-31, then 3 month CME Term SOFR + 2.200%) 5.768 02-15-36   1,103,000 1,097,672
Pinnacle Bank (5.957% to 1-15-31, then 5 Year CMT + 2.300%) 5.957 01-15-36   1,085,000 1,074,537
Regions Financial Corp. (5.502% to 9-6-34, then Overnight SOFR + 2.060%) 5.502 09-06-35   5,635,000 5,642,675
Regions Financial Corp. (5.722% to 6-6-29, then Overnight SOFR + 1.490%) 5.722 06-06-30   1,399,000 1,434,735
9 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Financials (continued)      
Banks (continued)      
Simmons First National Corp. (6.250% to 10-1-30, then 3 month CME Term SOFR + 3.020%) 6.250 10-01-35   2,488,000 $2,485,785
The PNC Financial Services Group, Inc. (4.812% to 10-21-31, then Overnight SOFR + 1.259%) 4.812 10-21-32   2,381,000 2,373,081
The PNC Financial Services Group, Inc. (5.575% to 1-29-35, then Overnight SOFR + 1.394%) 5.575 01-29-36   1,760,000 1,796,793
The PNC Financial Services Group, Inc. (5.939% to 8-18-33, then Overnight SOFR + 1.946%) 5.939 08-18-34   1,672,000 1,751,129
The PNC Financial Services Group, Inc. (6.250% to 3-15-30, then 7 Year CMT + 2.808%) (C) 6.250 03-15-30   1,691,000 1,705,837
Truist Financial Corp. (5.153% to 8-5-31, then Overnight SOFR + 1.571%) 5.153 08-05-32   2,353,000 2,383,923
Truist Financial Corp. (5.867% to 6-8-33, then Overnight SOFR + 2.361%) 5.867 06-08-34   4,476,000 4,663,668
Truist Financial Corp. (6.123% to 10-28-32, then Overnight SOFR + 2.300%) 6.123 10-28-33   1,739,000 1,838,489
U.S. Bancorp (4.839% to 2-1-33, then Overnight SOFR + 1.600%) 4.839 02-01-34   2,408,000 2,379,771
U.S. Bancorp (5.083% to 5-15-30, then Overnight SOFR + 1.296%) 5.083 05-15-31   1,763,000 1,788,311
U.S. Bancorp (5.384% to 1-23-29, then Overnight SOFR + 1.560%) 5.384 01-23-30   950,000 972,897
U.S. Bancorp (5.836% to 6-10-33, then Overnight SOFR + 2.260%) 5.836 06-12-34   2,464,000 2,571,752
Webster Financial Corp. (5.784% to 9-11-30, then 5 Year CMT + 2.125%) 5.784 09-11-35   1,062,000 1,078,559
Wells Fargo & Company (3.350% to 3-2-32, then Overnight SOFR + 1.500%) 3.350 03-02-33   7,405,000 6,799,165
Wells Fargo & Company (5.198% to 1-23-29, then Overnight SOFR + 1.500%) 5.198 01-23-30   70,000 71,097
Wells Fargo & Company (5.211% to 12-3-34, then Overnight SOFR + 1.380%) 5.211 12-03-35   1,782,000 1,774,119
Wells Fargo & Company (5.244% to 1-24-30, then Overnight SOFR + 1.110%) 5.244 01-24-31   1,477,000 1,505,626
Wells Fargo & Company (6.491% to 10-23-33, then Overnight SOFR + 2.060%) 6.491 10-23-34   3,161,000 3,422,585
Capital markets 2.2%      
Ares Strategic Income Fund (B) 5.150 01-15-31   2,654,000 2,506,623
Ares Strategic Income Fund (B) 5.450 09-09-28   1,115,000 1,103,397
Ares Strategic Income Fund 5.600 02-15-30   1,728,000 1,681,427
Ares Strategic Income Fund (B) 5.800 09-09-30   2,442,000 2,374,570
Ares Strategic Income Fund 6.200 03-21-32   1,342,000 1,315,305
Ares Strategic Income Fund 6.350 08-15-29   373,000 374,193
Blackstone Private Credit Fund 5.050 09-10-30   2,138,000 2,015,712
Blackstone Private Credit Fund 5.250 04-01-30   1,844,000 1,757,170
Blackstone Private Credit Fund 5.950 07-16-29   1,363,000 1,342,859
Blackstone Private Credit Fund 7.300 11-27-28   1,379,000 1,407,220
Cantor Fitzgerald LP (B) 7.200 12-12-28   4,817,000 5,004,296
HPS Corporate Lending Fund (B) 5.150 04-02-29   743,000 721,936
HPS Corporate Lending Fund (B) 5.450 11-15-30   735,000 702,833
HPS Corporate Lending Fund 5.950 04-14-32   364,000 351,684
Intercontinental Exchange, Inc. 4.600 03-15-33   1,197,000 1,180,311
Lazard Group LLC 4.375 03-11-29   1,850,000 1,828,441
Lazard Group LLC 6.000 03-15-31   1,736,000 1,803,299
Morgan Stanley (2.239% to 7-21-31, then Overnight SOFR + 1.178%) 2.239 07-21-32   1,028,000 899,992
Morgan Stanley (2.484% to 9-16-31, then Overnight SOFR + 1.360%) 2.484 09-16-36   5,052,000 4,346,679
Morgan Stanley (4.708% to 3-12-31, then Overnight SOFR + 1.195%) 4.708 03-12-32   2,575,000 2,557,662
Morgan Stanley (5.173% to 1-16-29, then Overnight SOFR + 1.450%) 5.173 01-16-30   70,000 70,985
Morgan Stanley (5.320% to 7-19-34, then Overnight SOFR + 1.555%) 5.320 07-19-35   2,946,000 2,956,217
Morgan Stanley Private Bank NA (4.465% to 11-19-30, then Overnight SOFR + 1.020%) 4.465 11-19-31   905,000 890,955
S&P Global, Inc. 2.900 03-01-32   907,000 827,103
Sixth Street Lending Partners 5.750 01-15-30   729,000 718,061
Sixth Street Lending Partners 6.125 07-15-30   725,000 720,752
The Bank of New York Mellon Corp. (4.942% to 2-11-30, then Overnight SOFR + 0.887%) 4.942 02-11-31   1,482,000 1,501,552
The Charles Schwab Corp. (4.000% to 12-1-30, then 10 Year CMT + 3.079%) (C) 4.000 12-01-30   43,000 39,777
The Goldman Sachs Group, Inc. (2.615% to 4-22-31, then Overnight SOFR + 1.281%) 2.615 04-22-32   6,655,000 5,977,874
Consumer finance 0.6%      
Ally Financial, Inc. (5.548% to 7-31-32, then Overnight SOFR + 1.780%) 5.548 07-31-33   2,933,000 2,881,023
Ally Financial, Inc. (5.737% to 5-15-28, then SOFR Compouned Index + 1.960%) 5.737 05-15-29   1,425,000 1,447,224
Ally Financial, Inc. (6.184% to 7-26-34, then Overnight SOFR + 2.290%) 6.184 07-26-35   1,730,000 1,735,026
Ally Financial, Inc. 8.000 11-01-31   1,984,000 2,199,913
Capital One Financial Corp. 6.700 11-29-32   3,559,000 3,866,671
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 10
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Financials (continued)      
Financial services 0.7%      
Apollo Debt Solutions BDC 6.700 07-29-31   2,030,000 $2,053,706
Apollo Debt Solutions BDC 6.900 04-13-29   731,000 747,953
Atlas Warehouse Lending Company LP (B) 5.250 01-15-33   606,000 586,893
Atlas Warehouse Lending Company LP (B) 6.250 01-15-30   1,352,000 1,390,454
Enact Holdings, Inc. 6.250 05-28-29   2,921,000 3,006,269
National Rural Utilities Cooperative Finance Corp. 8.000 03-01-32   251,000 290,399
NMI Holdings, Inc. 6.000 08-15-29   2,792,000 2,854,178
PayPal Holdings, Inc. 4.400 06-01-32   1,131,000 1,110,570
Radian Group, Inc. 6.200 05-15-29   4,073,000 4,208,528
Insurance 1.5%      
American National Global Funding (B) 4.875 01-23-31   3,983,000 3,898,423
Athene Global Funding (B) 4.721 10-08-29   1,495,000 1,470,828
Athene Global Funding (B) 5.322 11-13-31   1,779,000 1,758,771
Athene Holding, Ltd. 3.500 01-15-31   5,082,000 4,713,696
Athene Holding, Ltd. (6.625% to 10-15-34, then 5 Year CMT + 2.607%) 6.625 10-15-54   1,091,000 1,007,677
Augusta SpinCo Corp. 4.945 03-23-33   823,000 820,153
CNO Financial Group, Inc. 5.250 05-30-29   3,854,000 3,861,498
CNO Financial Group, Inc. 6.450 06-15-34   2,778,000 2,866,526
CNO Global Funding (B) 4.700 12-11-30   911,000 898,773
GA Global Funding Trust (B) 4.500 09-18-30   2,575,000 2,478,571
GA Global Funding Trust (B) 5.200 12-09-31   1,785,000 1,748,562
MassMutual Global Funding II (B) 4.350 09-17-31   1,797,000 1,763,568
MetLife, Inc. (6.400% to 12-15-36, then 3 month CME Term SOFR + 2.467%) 6.400 12-15-36   2,344,000 2,393,313
Reinsurance Group of America, Inc. (6.650% to 9-15-35, then 5 Year CMT + 2.392%) 6.650 09-15-55   1,394,000 1,387,794
Teachers Insurance & Annuity Association of America (B) 4.270 05-15-47   3,230,000 2,596,820
Health care 2.0%     43,987,010
Biotechnology 0.7%      
AbbVie, Inc. 4.400 03-15-33   16,000 15,707
AbbVie, Inc. 5.050 03-15-34   3,539,000 3,591,925
Amgen, Inc. 5.250 03-02-33   9,122,000 9,361,251
Amgen, Inc. 5.650 03-02-53   3,210,000 3,109,020
Health care equipment and supplies 0.2%      
Abbott Laboratories 4.300 03-15-33   46,000 45,018
Medtronic Global Holdings SCA 4.500 03-30-33   1,196,000 1,180,923
Solventum Corp. 5.450 03-13-31   3,630,000 3,724,270
Health care providers and services 0.5%      
Cencora, Inc. 2.800 05-15-30   2,281,000 2,127,610
CVS Health Corp. 5.000 09-15-32   1,424,000 1,425,142
HCA, Inc. 4.300 11-15-30   737,000 724,826
HCA, Inc. 4.600 11-15-32   1,474,000 1,433,735
HCA, Inc. 5.450 04-01-31   2,139,000 2,192,470
UnitedHealth Group, Inc. 5.950 06-15-55   1,183,000 1,191,731
Universal Health Services, Inc. 2.650 10-15-30   2,975,000 2,678,306
Life sciences tools and services 0.1%      
Thermo Fisher Scientific, Inc. 4.473 10-07-32   1,207,000 1,194,339
Pharmaceuticals 0.5%      
IQVIA, Inc. 6.250 02-01-29   1,404,000 1,459,228
Merck & Company, Inc. 4.450 12-04-32   1,128,000 1,120,276
Pfizer Investment Enterprises Pte, Ltd. 4.750 05-19-33   3,326,000 3,313,328
Roche Holdings, Inc. (B) 5.489 11-13-30   2,552,000 2,669,640
Royalty Pharma PLC 5.150 09-02-29   1,403,000 1,428,265
Industrials 2.2%     49,951,042
Aerospace and defense 0.4%      
Huntington Ingalls Industries, Inc. 4.200 05-01-30   40,000 39,214
11 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Industrials (continued)      
Aerospace and defense (continued)      
Lockheed Martin Corp. 5.250 01-15-33   1,450,000 $1,509,517
The Boeing Company 6.528 05-01-34   7,448,000 8,113,424
Commercial services and supplies 0.0%      
Waste Management, Inc. 4.150 04-15-32   1,136,000 1,114,225
Electrical equipment 0.0%      
Eaton Corp. 4.500 03-06-33   797,000 786,074
Ground transportation 0.1%      
Union Pacific Corp. 2.800 02-14-32   1,226,000 1,114,910
Machinery 0.1%      
Novartis Capital Corp. 4.600 03-18-33   2,155,000 2,145,842
Passenger airlines 1.6%      
American Airlines 2016-1 Class A Pass Through Trust 4.100 01-15-28   2,611,071 2,564,057
American Airlines 2017-1 Class A Pass Through Trust 4.000 02-15-29   1,868,778 1,810,529
American Airlines 2017-1 Class AA Pass Through Trust 3.650 02-15-29   1,217,855 1,184,062
American Airlines 2017-2 Class A Pass Through Trust 3.600 10-15-29   1,910,564 1,819,616
American Airlines 2019-1 Class A Pass Through Trust 3.500 02-15-32   2,717,929 2,506,488
American Airlines 2019-1 Class AA Pass Through Trust 3.150 02-15-32   1,877,597 1,748,393
American Airlines 2021-1 Class A Pass Through Trust 2.875 07-11-34   3,169,668 2,832,216
American Airlines 2021-1 Class B Pass Through Trust 3.950 07-11-30   759,665 724,450
American Airlines 2025-1 Class A Pass Through Trust 4.900 05-11-38   2,124,000 2,066,655
American Airlines 2025-1 Class B Pass Through Trust 5.650 11-11-34   723,000 726,162
JetBlue 2019-1 Class AA Pass Through Trust 2.750 05-15-32   2,883,294 2,555,272
JetBlue 2020-1 Class A Pass Through Trust 4.000 11-15-32   767,009 726,630
United Airlines 2016-1 Class A Pass Through Trust 3.450 07-07-28   3,003,979 2,917,697
United Airlines 2019-1 Class A Pass Through Trust 4.550 08-25-31   1,106,392 1,066,198
United Airlines 2020-1 Class A Pass Through Trust 5.875 10-15-27   2,068,251 2,102,802
United Airlines 2023-1 Class A Pass Through Trust 5.800 01-15-36   3,517,756 3,620,754
United Airlines 2024-1 Class A Pass Through Trust 5.875 02-15-37   1,698,120 1,744,738
United Airlines 2024-1 Class AA Pass Through Trust 5.450 02-15-37   2,366,279 2,411,117
Information technology 3.4%     74,547,561
Communications equipment 0.3%      
Motorola Solutions, Inc. 2.300 11-15-30   3,888,000 3,504,458
Motorola Solutions, Inc. 2.750 05-24-31   3,919,000 3,561,450
Electronic equipment, instruments and components 0.3%      
Amphenol Corp. 4.400 02-15-33   1,223,000 1,193,621
Jabil, Inc. 4.750 02-01-33   1,125,000 1,095,416
TD SYNNEX Corp. 2.650 08-09-31   1,268,000 1,125,176
TD SYNNEX Corp. 5.300 10-10-35   2,563,000 2,483,096
TD SYNNEX Corp. 6.100 04-12-34   1,029,000 1,061,353
Semiconductors and semiconductor equipment 1.6%      
Broadcom, Inc. 3.419 04-15-33   4,767,000 4,359,057
Broadcom, Inc. 4.550 02-15-32   805,000 798,001
Broadcom, Inc. 4.800 02-15-36   2,114,000 2,061,014
Broadcom, Inc. 4.900 07-15-32   3,275,000 3,303,622
Foundry JV Holdco LLC (B) 6.100 01-25-36   3,474,000 3,578,649
Foundry JV Holdco LLC (B) 6.250 01-25-35   4,733,000 4,957,270
KLA Corp. 4.650 07-15-32   1,204,000 1,209,342
Marvell Technology, Inc. 5.950 09-15-33   3,974,000 4,205,607
Micron Technology, Inc. 2.703 04-15-32   1,629,000 1,469,607
Micron Technology, Inc. 5.650 11-01-32   1,977,000 2,086,981
Micron Technology, Inc. 5.800 01-15-35   1,734,000 1,846,255
Micron Technology, Inc. 6.050 11-01-35   1,632,000 1,760,997
Qorvo, Inc. (B) 3.375 04-01-31   2,007,000 1,815,294
Qorvo, Inc. 4.375 10-15-29   1,395,000 1,364,173
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 12
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Information technology (continued)      
Software 0.5%      
Oracle Corp. 4.700 09-27-34   1,932,000 $1,763,181
Oracle Corp. 4.800 09-26-32   1,708,000 1,626,610
Oracle Corp. 5.250 02-03-32   1,969,000 1,933,868
Oracle Corp. 5.550 02-06-53   2,792,000 2,227,628
Oracle Corp. 5.700 02-04-36   968,000 930,721
VMware LLC 4.700 05-15-30   2,622,000 2,638,072
Technology hardware, storage and peripherals 0.7%      
CDW LLC 5.100 03-01-30   1,063,000 1,061,367
Dell International LLC 4.500 02-15-31   3,457,000 3,416,138
Dell International LLC 4.750 10-06-32   2,798,000 2,758,242
Dell International LLC 5.300 04-01-32   2,739,000 2,781,526
Dell International LLC 5.400 04-15-34   4,529,000 4,569,769
Materials 0.1%     3,309,505
Construction materials 0.0%      
JH North America Holdings, Inc. (B) 5.875 01-31-31   717,000 711,042
JH North America Holdings, Inc. (B) 6.125 07-31-32   713,000 710,159
Metals and mining 0.1%      
Freeport-McMoRan, Inc. 5.400 11-14-34   1,861,000 1,888,304
Real estate 1.4%     30,172,772
Hotel and resort REITs 0.1%      
Host Hotels & Resorts LP 4.250 12-15-28   1,827,000 1,805,348
Industrial REITs 0.2%      
Prologis Targeted U.S. Logistics Fund LP (B) 4.250 01-15-31   921,000 901,018
Prologis Targeted U.S. Logistics Fund LP (B) 4.625 03-15-33   16,000 15,560
Prologis Targeted U.S. Logistics Fund LP (B) 5.250 01-15-35   2,960,000 2,963,455
Real estate management and development 0.1%      
CoStar Group, Inc. (B) 2.800 07-15-30   3,564,000 3,222,886
Residential REITs 0.1%      
American Homes 4 Rent LP 4.950 06-15-30   2,341,000 2,349,563
Retail REITs 0.2%      
Regency Centers LP 4.500 03-15-33   1,132,000 1,103,855
Regency Centers LP 5.000 07-15-32   2,381,000 2,398,712
Specialized REITs 0.7%      
American Tower Corp. 4.700 12-15-32   1,869,000 1,836,505
American Tower Corp. 5.200 02-15-29   2,360,000 2,400,001
American Tower Corp. 5.550 07-15-33   1,914,000 1,966,889
American Tower Corp. 5.650 03-15-33   1,970,000 2,034,614
VICI Properties LP 5.125 11-15-31   3,013,000 2,991,092
VICI Properties LP 5.125 05-15-32   4,245,000 4,183,274
Utilities 3.4%     75,501,263
Electric utilities 1.7%      
American Electric Power Company, Inc. 5.625 03-01-33   686,000 708,860
American Electric Power Company, Inc. (5.800% to 3-15-31, then 5 Year CMT + 2.128%) 5.800 03-15-56   1,449,000 1,431,344
American Electric Power Company, Inc. (6.050% to 3-15-36, then 5 Year CMT + 1.940%) 6.050 03-15-56   642,000 636,270
Constellation Energy Generation LLC 4.400 01-15-31   1,478,000 1,458,730
Constellation Energy Generation LLC 6.500 10-01-53   1,686,000 1,789,294
Duke Energy Carolinas LLC 4.950 01-15-33   2,058,000 2,089,076
Duke Energy Corp. 5.750 09-15-33   2,291,000 2,383,889
Entergy Corp. (5.875% to 6-15-31, then 5 Year CMT + 2.179%) 5.875 06-15-56   2,823,000 2,785,396
Entergy Corp. (6.100% to 6-15-36, then 5 Year CMT + 2.013%) 6.100 06-15-56   1,455,000 1,435,987
Eversource Energy 5.125 05-15-33   2,507,000 2,498,641
Exelon Corp. 5.125 03-15-31   1,054,000 1,072,757
13 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Utilities (continued)      
Electric utilities (continued)      
Exelon Corp. (6.500% to 3-15-35, then 5 Year CMT + 1.975%) 6.500 03-15-55   693,000 $706,557
Georgia Power Company 4.950 05-17-33   1,186,000 1,195,353
NextEra Energy Capital Holdings, Inc. 2.440 01-15-32   1,563,000 1,377,282
NextEra Energy Capital Holdings, Inc. (6.375% to 8-15-30, then 5 Year CMT + 2.053%) 6.375 08-15-55   1,728,000 1,760,403
NextEra Energy Capital Holdings, Inc. (6.500% to 8-15-35, then 5 Year CMT + 1.979%) 6.500 08-15-55   718,000 740,922
NRG Energy, Inc. (B) 5.407 10-15-35   2,799,000 2,745,608
NRG Energy, Inc. (B) 7.000 03-15-33   3,794,000 4,107,346
Pacific Gas & Electric Company 5.800 05-15-34   2,233,000 2,288,132
The Southern Company 5.200 06-15-33   39,000 39,391
The Southern Company 5.700 03-15-34   1,725,000 1,787,500
The Southern Company (6.375% to 3-15-35, then 5 Year CMT + 2.069%) 6.375 03-15-55   2,752,000 2,830,556
Independent power and renewable electricity producers 0.7%      
Indianapolis Power & Light Company (B) 5.650 12-01-32   3,436,000 3,551,272
Vistra Operations Company LLC (B) 4.300 07-15-29   4,450,000 4,373,228
Vistra Operations Company LLC (B) 4.700 01-31-31   1,025,000 1,008,497
Vistra Operations Company LLC (B) 6.000 04-15-34   3,514,000 3,612,276
Vistra Operations Company LLC (B) 6.950 10-15-33   2,595,000 2,823,640
Multi-utilities 1.0%      
CenterPoint Energy, Inc. (5.950% to 4-1-31, then 5 Year CMT + 2.223%) 5.950 04-01-56   1,784,000 1,768,137
CenterPoint Energy, Inc. (6.850% to 2-15-35, then 5 Year CMT + 2.946%) 6.850 02-15-55   2,694,000 2,822,674
CenterPoint Energy, Inc. (7.000% to 2-15-30, then 5 Year CMT + 3.254%) 7.000 02-15-55   1,029,000 1,058,972
Dominion Energy, Inc. (6.000% to 2-15-31, then 5 Year CMT + 2.262%) 6.000 02-15-56   1,976,000 1,963,407
Dominion Energy, Inc. (6.200% to 2-15-36, then 5 Year CMT + 2.006%) 6.200 02-15-56   2,605,000 2,582,087
Dominion Energy, Inc. (6.875% to 2-1-30, then 5 Year CMT + 2.386%) 6.875 02-01-55   1,895,000 1,950,278
Dominion Energy, Inc. (7.000% to 6-1-34, then 5 Year CMT + 2.511%) 7.000 06-01-54   1,039,000 1,098,940
NiSource, Inc. 3.600 05-01-30   663,000 638,897
NiSource, Inc. (5.750% to 7-15-31, then 5 Year CMT + 2.035%) 5.750 07-15-56   2,177,000 2,143,878
San Diego Gas & Electric Company 5.200 03-15-36   625,000 623,251
Sempra 5.500 08-01-33   1,727,000 1,778,434
Sempra (6.400% to 10-1-34, then 5 Year CMT + 2.632%) 6.400 10-01-54   2,416,000 2,408,448
WEC Energy Group, Inc. (5.625% to 5-15-31, then 5 Year CMT + 1.905%) 5.625 05-15-56   1,455,000 1,425,653
Municipal bonds 0.4%         $9,525,261
(Cost $9,863,260)          
Foothill-Eastern Transportation Corridor Agency (California) 4.094 01-15-49   2,194,000 1,779,290
Golden State Tobacco Securitization Corp. (California) 4.214 06-01-50   2,436,000 1,844,948
Maryland Health & Higher Educational Facilities Authority 3.197 07-01-50   3,911,000 2,661,772
Ohio Turnpike & Infrastructure Commission 3.216 02-15-48   1,185,000 870,381
Regents of the University of California Medical Center 3.006 05-15-50   3,615,000 2,368,870
Collateralized mortgage obligations 6.3%       $140,128,801
(Cost $141,705,844)          
Commercial and residential 5.1%     114,072,306
A&D Mortgage Trust    
Series 2026-NQM1, Class A1 (B)(D) 4.912 02-25-71   938,182 929,523
Series 2026-NQM2, Class A1 (B)(D) 4.811 03-25-71   2,154,109 2,131,160
Angel Oak Mortgage Trust LLC    
Series 2020-R1, Class A1 (B)(D) 0.990 04-25-53   172,133 166,167
Series 2021-4, Class A1 (B)(D) 1.035 01-20-65   649,529 557,037
Series 2021-5, Class A1 (B)(D) 0.951 07-25-66   424,508 369,390
Series 2024-3, Class A1 (4.800% to 2-1-28, then 5.800% thereafter) (B) 4.800 11-26-68   745,099 740,669
Series 2024-5, Class A1 (4.950% to 4-1-28, then 5.950% thereafter) (B) 4.950 07-25-68   1,116,144 1,111,275
Series 2025-10, Class A1 (B)(D) 4.960 09-25-70   548,796 545,948
Series 2025-11, Class A1 (B)(D) 4.975 10-25-70   743,273 740,050
Series 2025-13, Class A1 (B) 4.929 10-25-70   933,621 928,530
Series 2026-1, Class A1 (B)(D) 4.747 02-25-71   1,309,918 1,297,915
Arroyo Mortgage Trust    
Series 2021-1R, Class A1 (B)(D) 1.175 10-25-48   406,316 370,178
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 14
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Commercial and residential (continued)      
Avenue of Americas    
Series 2025-1301, Class A (B)(D) 5.059 08-11-42   1,804,000 $1,808,280
Series 2025-1301, Class B (B)(D) 5.302 08-11-42   897,000 895,692
BAHA Trust    
Series 2024-MAR, Class A (B)(D) 5.574 12-10-41   2,443,000 2,492,821
BANK5    
Series 2024-5YR8, Class A3 5.884 08-15-57   10,000 10,368
Series 2025-5YR18, Class A3 5.145 12-15-58   1,782,000 1,811,329
Series 2025-5YR19, Class A3 5.270 12-15-58   1,173,000 1,198,018
Series 2026-5YR20, Class A3 5.104 02-15-59   600,000 608,681
Series 2026-5YR21, Class A3 (E) 5.525 04-15-59   1,057,000 1,089,372
BBCMS Mortgage Trust    
Series 2020-C6, Class A2 2.690 02-15-53   644,323 605,015
Series 2024-5C29, Class A3 5.208 09-15-57   2,362,000 2,403,965
Series 2024-5C31, Class A3 5.609 12-15-57   583,000 601,280
Series 2025-5C38, Class A3 5.146 11-15-58   1,487,000 1,510,250
Series 2026-5C40, Class A3 5.248 02-15-59   1,183,000 1,207,286
Benchmark Mortgage Trust    
Series 2020-B16, Class A5 2.732 02-15-53   50,000 46,519
Series 2024-V12, Class A3 5.738 12-15-57   2,044,000 2,109,629
Series 2026-V20, Class A3 5.184 02-15-59   892,000 907,918
BMO Mortgage Trust    
Series 2024-5C8, Class A3 (D) 5.625 12-15-57   876,000 901,323
BRAVO Residential Funding Trust    
Series 2021-NQM1, Class A1 (B)(D) 0.941 02-25-49   380,464 360,301
BX Trust    
Series 2019-OC11, Class A (B) 3.202 12-09-41   984,000 929,026
Series 2022-CLS, Class A (B) 5.760 10-13-27   1,513,000 1,518,451
BXHPP Trust    
Series 2021-FILM, Class C (1 month CME Term SOFR + 1.214%) (B)(F) 4.887 08-15-36   5,009,000 4,345,308
Cantor Commercial Real Estate Lending    
Series 2019-CF1, Class A2 3.623 05-15-52   1,847,991 1,819,034
CENT Trust    
Series 2025-CITY, Class A (B)(D) 4.920 07-10-40   1,198,000 1,206,591
Citigroup Commercial Mortgage Trust    
Series 2020-GC46, Class A2 2.708 02-15-53   950,113 897,461
Series 2023-SMRT, Class A (B)(D) 5.820 10-12-40   1,479,000 1,507,545
COLT Mortgage Loan Trust    
Series 2021-3, Class A1 (B)(D) 0.956 09-27-66   641,671 536,799
Series 2021-HX1, Class A1 (B)(D) 1.110 10-25-66   639,934 552,456
Series 2022-2, Class A1 (B) 3.994 02-25-67   61,931 59,079
Series 2025-6, Class A1 (5.529% to 7-1-29, then 6.529% thereafter) (B) 5.529 08-25-70   549,910 552,141
COLT Trust    
Series 2020-RPL1, Class A1 (B)(D) 1.390 01-25-65   1,509,044 1,289,946
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG)    
Series 2020-CX, Class D (B)(D) 2.683 11-10-46   1,136,000 860,476
Credit Suisse Mortgage Capital Certificates    
Series 2021-NQM2, Class A1 (B)(D) 1.179 02-25-66   204,102 183,192
Series 2021-NQM3, Class A1 (B)(D) 1.015 04-25-66   424,070 369,840
Series 2021-NQM6, Class A1 (B)(D) 1.174 07-25-66   856,409 738,224
Series 2021-RPL2, Class A1A (B)(D) 1.115 01-25-60   1,312,309 1,107,847
Cross Mortgage Trust    
Series 2025-H10, Class A1 (B)(D) 4.968 01-25-71   554,031 550,623
Series 2025-H8, Class A1 (B)(D) 5.003 11-25-70   742,766 739,024
Series 2025-H9, Class A1 (B)(D) 5.036 11-25-70   924,656 920,559
Series 2026-NQM1, Class A1 (B)(D) 4.699 02-25-61   1,302,500 1,288,952
Deephaven Residential Mortgage Trust    
Series 2021-2, Class A1 (B)(D) 0.899 04-25-66   415,534 370,594
Ellington Financial Mortgage Trust    
Series 2021-1, Class A1 (B)(D) 0.797 02-25-66   210,918 184,123
Series 2021-2, Class A1 (B)(D) 0.931 06-25-66   432,938 368,692
Series 2025-INV5, Class A1 (B)(D) 5.077 12-25-70   1,492,789 1,487,068
15 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Commercial and residential (continued)      
Series 2026-NQM1, Class A1 (B)(D) 4.771 02-25-71   744,984 $737,733
Flagstar Mortgage Trust    
Series 2021-1, Class A2 (B)(D) 2.500 02-01-51   1,106,809 920,770
GCAT Trust    
Series 2020-NQM2, Class A1 (B) 2.555 04-25-65   24,362 23,445
Series 2021-NQM1, Class A1 (B)(D) 0.874 01-25-66   208,360 186,260
Series 2021-NQM2, Class A1 (B)(D) 1.036 05-25-66   214,057 188,246
Series 2021-NQM3, Class A1 (B)(D) 1.091 05-25-66   630,554 555,031
Series 2025-NQM5, Class A1 (B)(D) 4.981 08-25-70   923,006 917,897
GGP Trust    
Series 2026-TY, Class A (B)(D) 4.670 03-05-43   1,831,000 1,808,768
GS Mortgage-Backed Securities Trust    
Series 2020-NQM1, Class A1 (B)(D) 1.382 09-27-60   195,811 186,847
Series 2021-NQM1, Class A1 (B)(D) 1.017 07-25-61   386,127 356,312
Hudson Yards Mortgage Trust    
Series 2025-SPRL, Class A (B)(D) 5.467 01-13-40   1,466,000 1,500,110
Imperial Fund Mortgage Trust    
Series 2021-NQM1, Class A1 (B)(D) 1.071 06-25-56   607,070 543,619
JPMorgan Mortgage Trust    
Series 2025-NQM5, Class A1 (B)(D) 4.879 05-25-66   369,208 366,327
MFA Trust    
Series 2021-NQM1, Class A1 (B)(D) 1.153 04-25-65   391,487 368,259
Morgan Stanley Residential Mortgage Loan Trust    
Series 2025-NQM10, Class A1 (B)(D) 5.119 11-25-70   549,167 547,254
New Residential Mortgage Loan Trust    
Series 2025-NQM7, Class A1 (B)(D) 5.010 10-26-65   1,265,447 1,258,411
Series 2026-NQM1, Class A1 (B)(D) 4.824 11-25-65   741,173 734,320
Series 2026-NQM2, Class A1 (B)(D) 4.743 12-25-65   557,078 551,443
NMLT Trust    
Series 2021-INV1, Class A1 (B)(D) 1.185 05-25-56   621,605 548,109
NRZT Trust    
Series 2025-NQM6, Class A1 (B)(D) 5.085 10-25-65   1,100,340 1,097,623
NXPT Commercial Mortgage Trust    
Series 2024-STOR, Class A (B)(D) 4.312 11-05-41   1,531,000 1,505,423
NYMT Loan Trust    
Series 2022-CP1, Class A1 (B) 2.042 07-25-61   195,483 183,664
Series 2025-INV2, Class A1 (B)(D) 5.000 10-25-60   1,123,367 1,117,538
OBX Trust    
Series 2020-EXP2, Class A3 (B)(D) 2.500 05-25-60   434,419 370,866
Series 2021-NQM2, Class A1 (B)(D) 1.101 05-25-61   668,258 549,870
Series 2021-NQM3, Class A1 (B)(D) 1.054 07-25-61   716,239 600,731
Series 2025-NQM14, Class A1 (5.162% to 7-1-29, then 6.162% thereafter) (B) 5.162 07-25-65   541,107 540,488
Series 2025-NQM18, Class A1 (B)(D) 5.057 09-25-65   356,587 355,438
Series 2025-NQM19, Class A1 (B)(D) 4.869 10-25-65   906,284 900,680
Series 2025-NQM20, Class A1 (B)(D) 5.021 10-25-65   917,454 914,009
Series 2025-NQM21, Class A1 (B)(D) 4.989 10-25-65   542,719 540,448
Series 2025-NQM23, Class A1 (B)(D) 4.872 10-25-65   1,090,038 1,082,750
Series 2026-NQM2, Class A1 (B)(D) 4.818 12-01-65   1,680,782 1,667,782
PRKCM Trust    
Series 2026-AFC1, Class A1 (B)(D) 4.677 02-25-61   561,234 555,325
Progress Residential Trust    
Series 2024-SFR1, Class A (B) 3.350 02-17-41   2,198,489 2,117,477
Series 2025-SFR1, Class A (B) 3.400 02-17-42   1,999,825 1,903,485
Series 2025-SFR2, Class A (B) 3.305 04-17-42   1,373,402 1,294,091
Series 2025-SFR5, Class A (B) 3.850 10-17-42   1,566,381 1,498,625
Series 2025-SFR6, Class A (B) 4.000 12-17-42   1,402,000 1,352,988
Series 2026-SFR1, Class A (B) 3.850 02-17-43   1,258,000 1,199,085
Provident Funding Mortgage Trust    
Series 2020-F1, Class A2 (B)(D) 2.000 01-25-36   823,991 739,377
ROCK Trust    
Series 2024-CNTR, Class A (B) 5.388 11-13-41   2,171,000 2,207,012
Series 2024-CNTR, Class D (B) 7.109 11-13-41   1,736,000 1,804,024
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 16
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Commercial and residential (continued)      
SLG Office Trust    
Series 2021-OVA, Class C (B) 2.851 07-15-41   2,719,000 $2,401,587
Series 2026-OMA, Class A (B)(D) 4.965 04-15-41   2,079,000 2,079,413
Starwood Mortgage Residential Trust    
Series 2021-2, Class A1 (B)(D) 0.943 05-25-65   189,491 180,618
Series 2022-1, Class A1 (B)(D) 2.447 12-25-66   1,027,245 924,022
Towd Point Mortgage Trust    
Series 2018-4, Class A1 (B)(D) 3.000 06-25-58   421,262 398,546
Series 2019-4, Class A1 (B)(D) 2.900 10-25-59   575,313 552,963
Series 2020-4, Class A1 (B) 1.750 10-25-60   845,623 770,695
Series 2024-1, Class A1 (B)(D) 4.903 03-25-64   897,529 912,048
Series 2024-3, Class A1A (B)(D) 5.012 07-25-65   737,781 734,255
Series 2024-4, Class A1A (B)(D) 4.546 10-27-64   550,921 551,379
VDCM Commercial Mortgage Trust    
Series 2025-AZ, Class A (B)(D) 4.723 07-13-44   1,499,000 1,498,394
Verus Securitization Trust    
Series 2021-1, Class A1 (B)(D) 0.815 01-25-66   409,126 372,665
Series 2021-3, Class A1 (B)(D) 1.046 06-25-66   676,862 602,748
Series 2021-4, Class A1 (B)(D) 0.938 07-25-66   376,649 320,794
Series 2021-5, Class A1 (B)(D) 1.013 09-25-66   637,865 548,874
Series 2021-R2, Class A1 (B)(D) 0.918 02-25-64   347,233 330,651
Series 2025-11, Class A1 (B)(D) 4.914 11-25-70   1,097,364 1,092,151
Series 2026-1, Class A1 (B)(D) 4.863 01-25-71   936,530 931,737
Series 2026-2, Class A1 (B)(D) 4.590 02-25-71   935,640 926,435
Visio Trust    
Series 2020-1R, Class A1 (B) 1.312 11-25-55   185,563 180,292
Wells Fargo Commercial Mortgage Trust    
Series 2025-5C4, Class A3 5.673 05-15-58   1,461,000 1,508,739
Series 2025-5C6, Class A3 5.186 10-15-58   1,486,000 1,509,552
WHARF Commercial Mortgage Trust    
Series 2025-DC, Class A (B)(D) 4.993 07-15-40   1,474,000 1,506,848
U.S. Government Agency 1.2%     26,056,495
Government National Mortgage Association    
Series 2017-135, Class IO 0.692 10-16-58   9,849,004 331,937
Series 2017-140, Class IO 0.485 02-16-59   11,797,589 294,592
Series 2017-159, Class IO 0.414 06-16-59   12,426,454 295,873
Series 2017-20, Class IO 0.477 12-16-58   15,372,320 294,836
Series 2017-22, Class IO 0.769 12-16-57   8,103,735 271,963
Series 2017-46, Class IO 0.651 11-16-57   8,116,447 296,278
Series 2017-61, Class IO 0.688 05-16-59   8,802,810 295,871
Series 2018-158, Class IO 0.800 05-16-61   10,151,807 595,659
Series 2018-69, Class IO 0.610 04-16-60   6,783,832 297,755
Series 2019-131, Class IO 0.803 07-16-61   10,703,279 595,676
Series 2020-100, Class IO 0.787 05-16-62   10,165,968 594,665
Series 2020-108, Class IO 0.847 06-16-62   26,469,895 1,485,199
Series 2020-114, Class IO 0.799 09-16-62   28,940,134 1,575,151
Series 2020-118, Class IO 0.887 06-16-62   19,391,678 1,194,143
Series 2020-119, Class IO 0.608 08-16-62   13,292,658 593,899
Series 2020-120, Class IO 0.759 05-16-62   5,723,146 325,989
Series 2020-137, Class IO 0.799 09-16-62   37,000,037 2,220,779
Series 2020-150, Class IO 0.967 12-16-62   17,749,815 1,180,925
Series 2020-170, Class IO 0.836 11-16-62   23,676,714 1,487,535
Series 2020-92, Class IO 0.882 02-16-62   26,167,761 1,578,099
Series 2021-10, Class IO 0.987 05-16-63   15,816,220 1,194,178
Series 2021-11, Class IO 1.022 12-16-62   25,111,796 1,799,014
Series 2021-203, Class IO 0.870 07-16-63   23,568,424 1,489,366
Series 2021-3, Class IO 0.871 09-16-62   28,766,038 1,786,095
Series 2021-40, Class IO 0.822 02-16-63   9,949,266 594,209
Series 2022-144, Class IO 0.531 10-16-64   554,732 26,423
17 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)      
Series 2022-181, Class IO 0.721 07-16-64   10,071,083 $593,303
Series 2022-21, Class IO 0.785 10-16-63   9,919,335 595,553
Series 2023-197, Class IO 1.242 09-16-65   7,326,228 595,518
Series 2024-179, Class XI IO 0.831 12-16-66   272,702 18,798
Series 2025-126, Class IO 0.767 05-16-67   196,433 13,549
Series 2025-128, Class IO 0.926 09-16-67   18,837,340 1,490,286
Series 2025-3, Class IO 0.849 04-16-67   259,622 17,418
Series 2025-35, Class IO 0.763 09-16-66   313,402 17,796
Series 2025-73, Class IO 0.675 08-16-67   306,571 18,165
Asset-backed securities 7.8%         $171,559,642
(Cost $174,275,002)          
Asset-backed securities 7.8%     171,559,642
ABPCI Direct Lending Fund I, Ltd.          
Series 2020-1A, Class A (B) 3.199 12-29-30   1,229,959 1,120,864
Aligned Data Centers Issuer LLC          
Series 2023-2A, Class A2 (B) 6.500 11-16-48   1,249,000 1,260,793
Ally Bank Auto Credit-Linked Notes          
Series 2025-B, Class A2 (B) 4.305 09-15-33   1,746,874 1,747,456
AMSR Trust          
Series 2021-SFR1, Class B (B) 2.153 06-17-38   1,930,000 1,818,207
Series 2025-SFR1, Class A (B) 3.655 06-17-42   631,000 600,841
Series 2025-SFR2, Class A (B) 4.275 11-17-42   1,850,000 1,809,108
Series 2026-SFR1, Class A (3.897% to 5-1-26, then 3.775% thereafter) 3.897 04-17-31   1,108,000 1,040,358
Arby’s Funding LLC          
Series 2020-1A, Class A2 (B) 3.237 07-30-50   2,763,180 2,695,771
Avis Budget Rental Car Funding AESOP LLC          
Series 2024-1A, Class A (B) 5.360 06-20-30   1,175,000 1,200,813
Beacon Container Finance II LLC          
Series 2021-1A, Class A (B) 2.250 10-22-46   1,918,433 1,784,667
Capital Automotive REIT          
Series 2024-2A, Class A2 (B) 5.250 05-15-54   908,074 908,294
Series 2024-3A, Class A1 (B) 4.400 10-15-54   1,230,460 1,185,997
CARS-DB7 LP          
Series 2023-1A, Class A1 (B) 5.750 09-15-53   2,414,170 2,424,431
CARS-DB8 LP          
Series 2024-2A, Class A1 (B) 4.900 05-15-54   698,120 697,752
CF Hippolyta Issuer LLC          
Series 2020-1, Class A1 (B) 1.690 07-15-60   2,280,883 1,911,038
Series 2021-1A, Class A1 (B) 1.530 03-15-61   2,222,573 1,787,781
CLI Funding IX LLC          
Series 2024-1A, Class A (B) 5.630 07-20-49   84,608 84,865
Series 2025-1A, Class A (B) 5.350 06-20-50   1,480,955 1,492,022
CLI Funding VI LLC          
Series 2020-1A, Class A (B) 2.080 09-18-45   1,579,301 1,484,962
CLI Funding VIII LLC          
Series 2021-1A, Class A (B) 1.640 02-18-46   1,279,556 1,186,218
Series 2022-1A, Class A (B) 2.720 01-18-47   968,114 895,880
Cloud Capital Holdco LP          
Series 2024-2A, Class A2 (B) 5.923 11-22-49   1,198,000 1,199,549
Compass Datacenters Issuer II LLC          
Series 2024-1A, Class A1 (B) 5.250 02-25-49   1,510,000 1,508,550
Series 2025-1A, Class A1 (B) 5.316 05-25-50   1,531,000 1,521,513
Compass Datacenters Issuer III LLC          
Series 2025-2A, Class A2 (B) 5.835 02-25-50   922,000 928,716
Concord Music Royalties LLC          
Series 2025-2A, Class A (B) 5.785 07-20-75   1,191,000 1,199,841
Consolidated Communications LLC          
Series 2025-1A, Class A2 (B) 6.000 05-20-55   1,781,000 1,807,469
Series 2025-4A, Class A2 (B) 5.522 12-20-55   897,000 902,351
CyrusOne Data Centers Issuer I LLC          
Series 2023-1A, Class A2 (B) 4.300 04-20-48   2,206,000 2,165,385
Series 2024-2A, Class A2 (B) 4.500 05-20-49   2,190,000 2,128,817
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 18
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Asset-backed securities (continued)      
DataBank Issuer LLC          
Series 2021-2A, Class A2 (B) 2.400 10-25-51   619,000 $610,179
Series 2023-1A, Class A2 (B) 5.116 02-25-53   100,000 99,414
Series 2026-1A, Class A2 (B) 5.811 02-25-56   1,537,000 1,527,381
DB Master Finance LLC          
Series 2017-1A, Class A2II (B) 4.030 11-20-47   1,336,760 1,323,420
Series 2021-1A, Class A2II (B) 2.493 11-20-51   47,875 45,074
Series 2025-1A, Class A2I (B) 4.891 08-20-55   991,515 982,069
Series 2025-1A, Class A2II (B) 5.165 08-20-55   991,515 976,383
Diamond Infrastructure Funding LLC          
Series 2021-1A, Class A (B) 1.760 04-15-49   2,187,000 2,137,964
Domino’s Pizza Master Issuer LLC          
Series 2019-1A, Class A2 (B) 3.668 10-25-49   689,280 661,873
Series 2021-1A, Class A2I (B) 2.662 04-25-51   1,752,445 1,658,210
Series 2025-1A, Class A2I (B) 4.930 07-25-55   993,000 988,885
Series 2025-1A, Class A2II (B) 5.217 07-25-55   1,319,000 1,311,299
Driven Brands Funding LLC          
Series 2021-1A, Class A2 (B) 2.791 10-20-51   2,122,257 1,914,436
Series 2024-1A, Class A2 (B) 6.372 10-20-54   2,637,830 2,433,266
Series 2025-1A, Class A2 (B) 5.296 10-20-55   1,334,655 1,194,528
ExteNet Issuer LLC          
Series 2024-1A, Class A2 (B) 5.335 07-25-54   2,137,000 2,143,034
FirstKey Homes Trust          
Series 2021-SFR1, Class C (B) 1.888 08-17-38   3,093,000 3,056,915
Flexential Issuer LLC          
Series 2025-1A, Class A2 (B) 6.030 10-25-60   902,000 895,826
Ford Credit Auto Owner Trust          
Series 2025-C, Class A3 3.900 06-15-30   1,221,000 1,215,799
Series 2026-1, Class A (4.320% to 2-15-31, then 8.630% thereafter) (B) 4.320 08-15-38   2,119,000 2,102,874
GBX Leasing LLC          
Series 2026-1A, Class A (B) 5.130 02-20-56   1,509,489 1,499,076
GM Financial Consumer Automobile Receivables Trust          
Series 2025-4, Class A3 3.840 02-18-31   611,000 607,360
GM Financial Revolving Receivables Trust          
Series 2024-1, Class A (B) 4.980 12-11-36   1,505,000 1,532,947
GMF Floorplan Owner Revolving Trust          
Series 2024-2A, Class A (B) 5.060 03-15-31   2,061,000 2,099,937
Golub Capital Partners Funding, Ltd.          
Series 2020-1A, Class A2 (B) 3.208 01-22-29   611,951 592,010
Series 2021-1A, Class A2 (B) 2.773 04-20-29   1,224,022 1,128,551
GreatAmerica Leasing Receivables Funding LLC          
Series 2025-2, Class A3 (B) 4.140 12-17-29   2,131,000 2,125,544
Honda Auto Receivables Owner Trust          
Series 2025-4, Class A3 3.980 06-17-30   1,841,000 1,831,459
Hotwire Funding LLC          
Series 2021-1, Class A2 (B) 2.311 11-20-51   25,000 24,638
Series 2023-1A, Class A2 (B) 5.687 05-20-53   1,806,000 1,816,808
Hyundai Auto Receivables Trust          
Series 2025-D, Class A3 3.990 09-16-30   1,534,000 1,530,215
Invitation Homes Trust          
Series 2024-SFR1, Class A (B) 4.000 09-17-41   1,855,348 1,807,432
Jersey Mike’s Funding LLC          
Series 2024-1A, Class A2 (B) 5.636 02-15-55   1,663,200 1,682,023
Series 2025-1A, Class A2 (B) 5.610 08-16-55   1,924,330 1,953,037
Series 2026-1A, Class A2I (B) 4.952 02-15-56   2,005,000 1,977,541
Kinetic ABS Issuer LLC          
Series 2026-1A, Class A2 (B) 5.219 02-25-56   933,000 930,342
Lyra Music Assets Delaware LP          
Series 2025-1A, Class A2 (B) 5.604 09-20-65   1,494,828 1,503,811
MetroNet Infrastructure Issuer LLC          
Series 2025-2A, Class A2 (B) 5.400 08-20-55   1,722,000 1,736,776
Series 2025-4A, Class A2 (B) 5.163 12-20-55   903,000 898,813
Series 2026-1A, Class A2 (B) 5.273 04-20-56   1,078,000 1,078,472
19 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Asset-backed securities (continued)      
Navient Student Loan Trust          
Series 2020-2A, Class A1A (B) 1.320 08-26-69   1,004,890 $890,089
Neighborly Issuer LLC          
Series 2021-1A, Class A2 (B) 3.584 04-30-51   2,528,888 2,423,259
Series 2022-1A, Class A2 (B) 3.695 01-30-52   1,282,560 1,208,342
New Economy Assets - Phase 1 Sponsor LLC          
Series 2021-1, Class A1 (B) 1.910 10-20-61   3,608,000 3,028,484
Series 2021-1, Class B1 (B) 2.410 10-20-61   1,542,000 970,505
NRZ Excess Spread-Collateralized Notes          
Series 2021-FHT1, Class A (B) 3.104 07-25-26   303,321 300,911
Sabey Data Center Issuer LLC          
Series 2026-1, Class A2 (B) 5.482 01-20-51   1,539,000 1,526,971
Scalelogix ABS Issuer LLC          
Series 2025-1A, Class A2 (B) 5.673 07-25-55   1,512,000 1,486,707
SCF Equipment Leasing LLC          
Series 2025-2A, Class A3 (B) 4.330 06-20-36   2,123,000 2,112,509
SEB Funding LLC          
Series 2024-1A, Class A2 (B) 7.386 04-30-54   2,278,000 2,318,478
ServiceMaster Funding LLC          
Series 2021-1, Class A2II (B) 3.113 07-30-51   1,538,993 1,323,209
SERVPRO Master Issuer LLC          
Series 2021-1A, Class A2 (B) 2.394 04-25-51   1,757,363 1,669,998
Series 2024-1A, Class A2 (B) 6.174 01-25-54   1,289,680 1,320,448
Sesac Finance LLC          
Series 2025-1, Class A2 (B) 5.500 07-25-55   1,527,000 1,496,884
SMB Private Education Loan Trust          
Series 2021-A, Class APT2 (B) 1.070 01-15-53   649,398 594,452
Series 2024-A, Class A1A (B) 5.240 03-15-56   1,526,943 1,539,705
Series 2024-E, Class A1A (B) 5.090 10-16-56   879,641 885,940
Sonic Capital LLC          
Series 2020-1A, Class A2I (B) 3.845 01-20-50   2,382,133 2,358,671
Series 2020-1A, Class A2II (B) 4.336 01-20-50   1,031,974 989,666
Series 2021-1A, Class A2I (B) 2.190 08-20-51   2,143,975 1,991,678
Subway Funding LLC          
Series 2024-1A, Class A2I (B) 6.028 07-30-54   1,321,275 1,329,802
Series 2024-1A, Class A2II (B) 6.268 07-30-54   1,333,125 1,344,706
Series 2024-3A, Class A23 (B) 5.914 07-30-54   3,052,363 2,972,962
Series 2024-3A, Class A2I (B) 5.246 07-30-54   24,688 24,371
Summit Issuer LLC          
Series 2025-1A, Class A2 (B) 5.208 11-20-55   1,809,000 1,804,459
Switch ABS Issuer LLC          
Series 2024-2A, Class A2 (B) 5.436 06-25-54   606,000 594,025
Series 2025-1A, Class A2 (B) 5.036 03-25-55   2,178,000 2,098,382
Series 2025-2A, Class A21 (B) 5.121 10-25-55   1,215,000 1,186,556
Taco Bell Funding LLC          
Series 2025-1A, Class A2I (B) 4.821 08-25-55   1,983,000 1,952,534
Series 2025-1A, Class A2II (B) 5.049 08-25-55   1,696,000 1,656,330
TIF Funding II LLC          
Series 2020-1A, Class A (B) 2.090 08-20-45   1,359,542 1,300,144
Series 2021-1A, Class A (B) 1.650 02-20-46   1,306,875 1,192,213
T-Mobile US Trust          
Series 2025-2A, Class A (B) 4.340 04-22-30   1,508,000 1,510,145
Tricon American Homes Trust          
Series 2020-SFR2, Class A (B) 1.482 11-17-39   1,904,759 1,814,414
Triton Container Finance VIII LLC          
Series 2020-1A, Class A (B) 2.110 09-20-45   1,904,753 1,790,748
Series 2021-1A, Class A (B) 1.860 03-20-46   1,290,875 1,192,777
Uniti Fiber Issuer LLC          
Series 2025-1A, Class A2 (B) 5.877 04-20-55   914,000 927,999
Series 2025-2A, Class A2 (B) 5.177 01-20-56   905,000 902,205
Vantage Data Centers LLC          
Series 2020-2A, Class A2 (B) 1.992 09-15-45   1,590,000 1,518,228
VB-S1 Issuer LLC          
Series 2026-1A, Class C2 (B) 4.693 03-15-56   948,000 931,453
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 20
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Asset-backed securities (continued)      
VCP RRL ABS I, Ltd.          
Series 2021-1A, Class A (B) 2.152 10-20-31   314,903 $293,967
Verizon Master Trust          
Series 2024-5, Class A (B) 5.000 06-21-32   2,949,000 3,007,065
Series 2025-9, Class A1A 3.960 10-21-30   1,526,000 1,520,818
Wendy’s Funding LLC          
Series 2021-1A, Class A2I (B) 2.370 06-15-51   2,129,654 1,969,655
Willis Engine Structured Trust V          
Series 2020-A, Class A (B) 3.228 03-15-45   621,799 602,750
Willis Engine Structured Trust VIII          
Series 2025-A, Class A (B) 5.582 06-15-50   893,452 904,230
Wingstop Funding LLC          
Series 2020-1A, Class A2 (B) 2.841 12-05-50   3,430,755 3,320,753
Series 2024-1A, Class A2 (B) 5.858 12-05-54   1,169,000 1,187,199
Zaxby’s Funding LLC          
Series 2021-1A, Class A2 (B) 3.238 07-30-51   956,910 907,780
Zayo Issuer LLC          
Series 2025-1A, Class A2 (B) 5.648 03-20-55   1,217,000 1,228,136
    
    Yield (%)   Shares Value
Short-term investments 0.4%         $7,555,014
(Cost $7,554,863)          
Short-term funds 0.4%         7,555,014
John Hancock Collateral Trust (G) 3.6657(H)   755,373 7,555,014
    
Total investments (Cost $2,245,702,774) 99.3%     $2,201,561,744
Other assets and liabilities, net 0.7%       16,595,268
Total net assets 100.0%         $2,218,157,012
    
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund.
^All par values are denominated in U.S. dollars unless otherwise indicated.
Security Abbreviations and Legend
CME CME Group Published Rates
CMT Constant Maturity Treasury
IO Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period.
SOFR Secured Overnight Financing Rate
(A) All or a portion of this security is on loan as of 3-31-26.
(B) This security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $368,515,505 or 16.6% of the fund’s net assets as of 3-31-26.
(C) Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(D) Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end.
(E) Security purchased or sold on a when-issued or delayed-delivery basis.
(F) Variable rate obligation. The coupon rate shown represents the rate at period end.
(G) Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $405,477.
(H) The rate shown is the annualized seven-day yield as of 3-31-26.
DERIVATIVES
FUTURES
Open contracts Number of
contracts 		Position Expiration
date 		Notional
basis^ 		Notional
value^ 		Unrealized
appreciation
(depreciation)
10-Year U.S. Treasury Note Futures 1 Long Jun 2026 $112,885 $111,047 $(1,838)
            $(1,838)
^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.
See Notes to financial statements regarding investment transactions and other derivatives information.
21 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
CORE PLUS BOND ETF
As of 3-31-26
  Rate (%) Maturity date   Par value^ Value
U.S. Government and Agency obligations 49.4%     $47,089,757
(Cost $47,011,275)          
U.S. Government 18.2%       17,348,527
U.S. Treasury          
Bond 1.625 11-15-50   1,818,000 948,556
Bond 2.000 02-15-50   133,000 77,431
Bond 4.625 02-15-46   2,863,000 2,760,111
Bond 4.625 11-15-55   647,000 618,188
Bond 4.750 02-15-45   875,000 859,756
Bond 4.750 02-15-56   4,177,000 4,073,872
Bond 4.875 08-15-45   988,000 984,758
Note 3.375 02-29-28   1,034,000 1,025,841
Note 3.500 02-15-29   935,000 926,892
Note 3.500 03-15-29   1,405,000 1,392,596
Note 3.500 02-28-31   461,000 452,068
Note 3.750 02-28-33   12,000 11,726
Note 3.875 03-31-31   1,250,000 1,245,996
Note 4.125 02-15-36   1,509,000 1,485,422
Note 4.250 03-31-33   482,000 485,314
U.S. Government Agency 31.2%       29,741,230
Federal Home Loan Mortgage Corp.          
15 Yr Pass Thru 2.000 08-01-35   166,390 154,311
15 Yr Pass Thru 3.000 09-01-30   46,291 45,683
15 Yr Pass Thru 3.500 10-01-37   159,636 154,398
30 Yr Pass Thru 2.000 06-01-50   73,821 60,143
30 Yr Pass Thru 2.000 05-01-51   47,073 38,498
30 Yr Pass Thru 2.000 02-01-52   29,488 24,061
30 Yr Pass Thru 2.500 11-01-50   127,074 108,262
30 Yr Pass Thru 2.500 10-01-51   83,689 71,535
30 Yr Pass Thru 2.500 01-01-52   162,572 138,784
30 Yr Pass Thru 2.500 02-01-52   217,291 184,954
30 Yr Pass Thru 3.000 04-01-50   180,248 160,331
30 Yr Pass Thru 3.000 07-01-50   206,168 183,193
30 Yr Pass Thru 3.000 09-01-51   220,482 196,739
30 Yr Pass Thru 3.000 02-01-52   150,467 133,747
30 Yr Pass Thru 3.000 03-01-52   146,510 130,550
30 Yr Pass Thru 3.000 03-01-52   113,071 101,071
30 Yr Pass Thru 3.000 05-01-52   251,404 224,724
30 Yr Pass Thru 3.000 05-01-52   458,871 405,763
30 Yr Pass Thru 3.500 01-01-50   231,293 213,919
30 Yr Pass Thru 3.500 04-01-50   237,100 220,179
30 Yr Pass Thru 3.500 01-01-52   230,210 212,558
30 Yr Pass Thru 3.500 01-01-52   84,186 77,889
30 Yr Pass Thru 3.500 02-01-52   259,131 240,799
30 Yr Pass Thru 3.500 03-01-52   121,397 112,164
30 Yr Pass Thru 3.500 03-01-52   62,432 57,645
30 Yr Pass Thru 3.500 04-01-52   184,060 169,815
30 Yr Pass Thru 3.500 11-01-52   168,803 156,598
30 Yr Pass Thru 4.000 05-01-52   141,039 134,369
30 Yr Pass Thru 4.000 05-01-52   316,835 301,010
30 Yr Pass Thru 4.000 06-01-52   186,935 176,956
30 Yr Pass Thru 4.000 06-01-52   207,534 196,377
30 Yr Pass Thru 4.000 06-01-52   121,486 115,342
30 Yr Pass Thru 4.000 07-01-52   207,841 197,460
30 Yr Pass Thru 4.000 07-01-52   214,674 203,012
30 Yr Pass Thru 4.000 07-01-52   144,441 136,967
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 22
Table of Contents
  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)        
30 Yr Pass Thru 4.000 09-01-52   288,845 $272,341
30 Yr Pass Thru 4.000 10-01-52   104,481 99,066
30 Yr Pass Thru 4.000 10-01-52   364,299 345,761
30 Yr Pass Thru 4.000 12-01-52   208,954 198,517
30 Yr Pass Thru 4.000 02-01-53   142,251 135,679
30 Yr Pass Thru 4.000 04-01-53   210,273 199,376
30 Yr Pass Thru 4.000 05-01-53   316,940 300,812
30 Yr Pass Thru 4.000 01-01-54   215,179 202,884
30 Yr Pass Thru 4.000 01-01-54   160,813 151,775
30 Yr Pass Thru 4.500 07-01-52   208,669 202,803
30 Yr Pass Thru 4.500 08-01-52   58,248 56,646
30 Yr Pass Thru 4.500 09-01-52   209,089 202,574
30 Yr Pass Thru 4.500 02-01-53   209,770 204,325
30 Yr Pass Thru 4.500 02-01-53   144,679 140,246
30 Yr Pass Thru 4.500 02-01-54   202,273 196,391
30 Yr Pass Thru 4.500 02-01-54   58,955 57,296
30 Yr Pass Thru 5.000 03-01-53   73,431 73,124
30 Yr Pass Thru 5.000 04-01-53   138,416 137,923
30 Yr Pass Thru 5.000 04-01-53   145,410 144,665
30 Yr Pass Thru 5.000 06-01-53   218,068 216,338
30 Yr Pass Thru 5.000 08-01-53   208,994 207,662
30 Yr Pass Thru 5.000 10-01-53   211,519 211,559
30 Yr Pass Thru 5.000 03-01-54   109,770 109,345
30 Yr Pass Thru 5.000 03-01-54   102,517 101,764
30 Yr Pass Thru 5.000 05-01-54   418,653 417,163
30 Yr Pass Thru 5.000 10-01-54   219,618 217,807
30 Yr Pass Thru 5.000 11-01-54   222,899 221,269
30 Yr Pass Thru 5.000 12-01-54   68,313 67,920
30 Yr Pass Thru 5.000 12-01-54   193,603 192,672
30 Yr Pass Thru 5.000 01-01-55   64,299 64,030
30 Yr Pass Thru 5.000 01-01-56   258,249 256,845
30 Yr Pass Thru 5.500 07-01-54   51,408 51,994
30 Yr Pass Thru 5.500 01-01-55   169,259 172,425
30 Yr Pass Thru 5.500 02-01-55   69,620 70,866
30 Yr Pass Thru 5.500 02-01-55   82,653 83,951
30 Yr Pass Thru 5.500 05-01-55   89,717 91,211
30 Yr Pass Thru 5.500 09-01-55   277,577 280,893
30 Yr Pass Thru 5.500 12-01-55   276,179 281,229
Federal National Mortgage Association          
15 Yr Pass Thru 2.000 07-01-36   120,169 110,731
15 Yr Pass Thru 2.500 08-01-35   114,602 108,552
15 Yr Pass Thru 2.500 03-01-36   80,593 76,220
15 Yr Pass Thru 3.500 10-01-34   169,510 164,849
30 Yr Pass Thru 2.000 06-01-50   230,370 187,686
30 Yr Pass Thru 2.000 07-01-50   152,574 124,305
30 Yr Pass Thru 2.000 07-01-51   230,241 187,437
30 Yr Pass Thru 2.000 02-01-52   219,073 179,098
30 Yr Pass Thru 2.000 03-01-52   156,782 128,173
30 Yr Pass Thru 2.500 01-01-50   231,557 197,567
30 Yr Pass Thru 2.500 09-01-50   231,367 194,947
30 Yr Pass Thru 2.500 05-01-51   118,455 100,882
30 Yr Pass Thru 2.500 01-01-52   233,228 198,409
30 Yr Pass Thru 2.500 01-01-52   475,108 404,402
30 Yr Pass Thru 2.500 04-01-52   349,038 298,021
30 Yr Pass Thru 2.500 04-01-52   217,507 185,885
30 Yr Pass Thru 3.000 01-01-50   266,637 237,590
30 Yr Pass Thru 3.000 03-01-50   266,543 237,090
23 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)        
30 Yr Pass Thru 3.000 08-01-50   236,185 $209,865
30 Yr Pass Thru 3.000 06-01-51   150,241 134,109
30 Yr Pass Thru 3.000 06-01-51   140,605 124,848
30 Yr Pass Thru 3.000 11-01-51   214,118 190,525
30 Yr Pass Thru 3.000 12-01-51   152,928 135,981
30 Yr Pass Thru 3.000 01-01-52   66,419 59,391
30 Yr Pass Thru 3.000 02-01-52   91,540 81,367
30 Yr Pass Thru 3.000 02-01-52   25,477 22,614
30 Yr Pass Thru 3.000 03-01-52   269,679 238,700
30 Yr Pass Thru 3.000 04-01-52   453,381 405,549
30 Yr Pass Thru 3.000 05-01-52   155,989 138,655
30 Yr Pass Thru 3.000 05-01-52   269,281 237,274
30 Yr Pass Thru 3.000 05-01-52   134,694 119,694
30 Yr Pass Thru 3.000 09-01-52   118,020 105,310
30 Yr Pass Thru 3.500 10-01-49   92,250 85,349
30 Yr Pass Thru 3.500 01-01-50   120,722 111,502
30 Yr Pass Thru 3.500 01-01-50   435,929 406,453
30 Yr Pass Thru 3.500 05-01-50   120,717 111,573
30 Yr Pass Thru 3.500 09-01-50   436,730 406,517
30 Yr Pass Thru 3.500 07-01-51   235,712 218,006
30 Yr Pass Thru 3.500 07-01-51   190,043 175,767
30 Yr Pass Thru 3.500 01-01-52   239,987 220,085
30 Yr Pass Thru 3.500 03-01-52   239,763 221,977
30 Yr Pass Thru 3.500 04-01-52   239,209 221,091
30 Yr Pass Thru 3.500 04-01-52   231,538 213,422
30 Yr Pass Thru 3.500 07-01-52   124,631 114,412
30 Yr Pass Thru 3.500 09-01-52   62,580 57,447
30 Yr Pass Thru 3.500 12-01-52   107,645 99,391
30 Yr Pass Thru 3.500 08-01-53   67,964 62,901
30 Yr Pass Thru 4.000 05-01-49   188,062 178,492
30 Yr Pass Thru 4.000 05-01-52   211,765 200,380
30 Yr Pass Thru 4.000 05-01-52   312,164 297,158
30 Yr Pass Thru 4.000 06-01-52   87,714 83,333
30 Yr Pass Thru 4.000 06-01-52   206,968 197,730
30 Yr Pass Thru 4.000 07-01-52   328,572 310,415
30 Yr Pass Thru 4.000 09-01-52   101,415 95,621
30 Yr Pass Thru 4.500 06-01-52   125,253 121,713
30 Yr Pass Thru 4.500 06-01-52   308,022 301,856
30 Yr Pass Thru 4.500 07-01-52   155,196 151,022
30 Yr Pass Thru 4.500 07-01-52   218,353 211,730
30 Yr Pass Thru 4.500 08-01-52   57,397 56,123
30 Yr Pass Thru 4.500 08-01-52   209,462 203,044
30 Yr Pass Thru 4.500 09-01-52   201,836 195,967
30 Yr Pass Thru 4.500 10-01-52   156,853 152,782
30 Yr Pass Thru 4.500 11-01-52   130,505 127,118
30 Yr Pass Thru 4.500 06-01-53   157,726 153,287
30 Yr Pass Thru 4.500 07-01-53   128,317 124,626
30 Yr Pass Thru 4.500 07-01-53   131,555 127,789
30 Yr Pass Thru 4.500 09-01-53   88,763 86,252
30 Yr Pass Thru 4.500 01-01-54   210,489 204,763
30 Yr Pass Thru 4.500 04-01-54   215,192 208,867
30 Yr Pass Thru 4.500 06-01-54   452,006 438,156
30 Yr Pass Thru 4.500 04-01-55   277,470 270,528
30 Yr Pass Thru 4.500 01-01-56   383,360 371,703
30 Yr Pass Thru 4.500 01-01-56   309,832 300,217
30 Yr Pass Thru 5.000 08-01-52   137,268 136,951
30 Yr Pass Thru 5.000 09-01-52   57,263 57,059
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 24
Table of Contents
  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)        
30 Yr Pass Thru 5.000 03-01-53   216,900 $216,399
30 Yr Pass Thru 5.000 06-01-53   107,394 106,401
30 Yr Pass Thru 5.000 09-01-53   135,296 134,730
30 Yr Pass Thru 5.000 11-01-53   90,987 90,095
30 Yr Pass Thru 5.000 12-01-54   107,872 107,118
30 Yr Pass Thru 5.000 01-01-55   346,348 344,428
30 Yr Pass Thru 5.000 06-01-55   292,017 290,613
30 Yr Pass Thru 5.000 11-01-55   294,309 291,514
30 Yr Pass Thru 5.000 01-01-56   312,270 310,053
30 Yr Pass Thru 5.000 01-01-56   301,977 300,336
30 Yr Pass Thru 5.500 09-01-53   198,994 202,135
30 Yr Pass Thru 5.500 09-01-53   197,388 199,009
30 Yr Pass Thru 5.500 05-01-54   179,899 181,726
30 Yr Pass Thru 5.500 10-01-54   48,351 49,165
30 Yr Pass Thru 5.500 11-01-54   48,938 49,493
30 Yr Pass Thru 5.500 11-01-54   214,050 217,946
30 Yr Pass Thru 5.500 11-01-54   52,981 53,676
30 Yr Pass Thru 5.500 11-01-54   29,871 30,349
30 Yr Pass Thru 5.500 01-01-55   49,692 50,644
30 Yr Pass Thru 5.500 01-01-55   265,037 268,040
30 Yr Pass Thru 5.500 06-01-55   73,383 74,348
30 Yr Pass Thru 5.500 06-01-55   76,829 77,729
30 Yr Pass Thru 5.500 06-01-55   87,749 89,298
30 Yr Pass Thru 5.500 09-01-55   65,200 66,223
30 Yr Pass Thru 5.500 12-01-55   241,526 244,508
Corporate bonds 39.8%     $37,893,814
(Cost $38,158,887)          
Communication services 2.8%     2,700,442
Diversified telecommunication services 1.1%      
AT&T, Inc. 2.750 06-01-31   167,000 152,711
AT&T, Inc. 4.500 05-15-35   36,000 34,123
AT&T, Inc. 4.750 04-30-33   32,000 31,697
Cipher Compute LLC (A) 7.125 11-15-30   18,000 18,649
GCI LLC (A) 4.750 10-15-28   54,000 52,260
IHS Holding, Ltd. (A) 8.250 11-29-31   200,000 205,201
Level 3 Financing, Inc. (A) 6.875 06-30-33   117,000 119,144
Sitios Latinoamerica SAB de CV (A) 6.000 11-25-29   200,000 201,400
SV RNO Property Owner 1 LLC (A) 5.875 03-01-31   39,000 38,551
Verizon Communications, Inc. 2.550 03-21-31   169,000 153,430
Entertainment 0.3%      
Discovery Global Holdings, Inc. 4.279 03-15-32   29,000 25,665
Discovery Global Holdings, Inc. 5.050 03-15-42   59,000 38,870
OAK-Eagle Acquireco, Inc. (A) 7.250 07-01-33   30,000 31,083
Roblox Corp. (A) 3.875 05-01-30   128,000 120,292
WMG Acquisition Corp. (A) 3.875 07-15-30   78,000 73,312
Interactive media and services 0.3%      
Alphabet, Inc. 4.400 02-15-33   131,000 129,368
Meta Platforms, Inc. 4.200 11-15-30   76,000 75,263
Meta Platforms, Inc. 4.600 11-15-32   41,000 40,598
Meta Platforms, Inc. 5.625 11-15-55   24,000 22,497
Media 0.8%      
Cable One, Inc. (A)(B) 4.000 11-15-30   27,000 18,797
CCO Holdings LLC (A) 4.250 02-01-31   212,000 193,228
CCO Holdings LLC 4.500 05-01-32   25,000 22,332
CCO Holdings LLC (A)(B) 7.375 03-01-31   127,000 129,283
CCO Holdings LLC (A)(B) 7.375 02-01-36   43,000 42,821
25 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Communication services (continued)      
Media (continued)      
Charter Communications Operating LLC 6.384 10-23-35   207,000 $210,205
Gray Media, Inc. (A) 10.500 07-15-29   38,000 40,381
News Corp. (A) 3.875 05-15-29   34,000 32,813
News Corp. (A) 5.125 02-15-32   22,000 21,510
Paramount Global 4.375 03-15-43   43,000 26,005
Paramount Global 4.950 05-19-50   104,000 62,085
Wireless telecommunication services 0.3%      
T-Mobile USA, Inc. 3.875 04-15-30   216,000 210,356
Vodafone Group PLC (7.000% to 4-4-29, then 5 Year U.S. Swap Rate + 4.873% to 4-4-49, then 5 Year U.S. Swap Rate + 5.623%) 7.000 04-04-79   123,000 126,512
Consumer discretionary 3.4%     3,225,228
Automobiles 1.4%      
Ford Motor Company 6.100 08-19-32   379,000 382,105
Ford Motor Credit Company LLC 4.000 11-13-30   220,000 204,732
Ford Motor Credit Company LLC 5.113 05-03-29   204,000 202,062
Ford Motor Credit Company LLC 6.125 03-08-34   224,000 221,837
General Motors Financial Company, Inc. 3.600 06-21-30   153,000 145,508
General Motors Financial Company, Inc. 5.950 04-04-34   199,000 204,475
Broadline retail 0.2%      
Amazon.com, Inc. 4.550 03-13-33   90,000 89,134
Macy’s Retail Holdings LLC (A)(B) 6.125 03-15-32   24,000 23,576
Macy’s Retail Holdings LLC (A) 7.375 08-01-33   39,000 39,954
MercadoLibre, Inc. 4.900 01-15-33   50,000 48,510
Hotels, restaurants and leisure 0.7%      
Carnival Corp. (A) 5.125 05-01-29   41,000 40,704
Carnival Corp. (A) 5.750 08-01-32   111,000 110,964
Carnival Corp. (A) 5.875 06-15-31   47,000 47,578
Hilton Domestic Operating Company, Inc. (A) 5.500 03-31-34   32,000 31,263
Hilton Grand Vacations Borrower LLC (A) 6.625 01-15-32   180,000 177,788
Marriott International, Inc. 4.500 05-01-33   26,000 25,122
Marriott Ownership Resorts, Inc. (A) 6.500 10-01-33   37,000 35,181
Rivers Enterprise Borrower LLC (A) 6.250 10-15-30   30,000 29,924
Rivers Enterprise Borrower LLC (A) 6.625 02-01-33   30,000 29,774
Royal Caribbean Cruises, Ltd. 5.375 01-15-36   27,000 26,526
Travel + Leisure Company (A) 6.125 09-01-33   43,000 42,441
Viking Cruises, Ltd. (A) 5.875 10-15-33   44,000 43,442
Wyndham Hotels & Resorts, Inc. (A) 5.625 03-01-33   20,000 19,680
Household durables 0.3%      
KB Home 4.000 06-15-31   202,000 186,240
Taylor Morrison Communities, Inc. (A) 5.750 11-15-32   8,000 8,007
TopBuild Corp. (A) 5.625 01-31-34   38,000 37,193
Specialty retail 0.8%      
Asbury Automotive Group, Inc. (A) 4.625 11-15-29   193,000 186,579
Global Auto Holdings, Ltd. (A) 8.750 01-15-32   69,000 59,072
Lithia Motors, Inc. (A) 4.375 01-15-31   140,000 131,575
Lithia Motors, Inc. (A) 5.500 10-01-30   30,000 29,398
The Home Depot, Inc. 3.250 04-15-32   33,000 30,803
The Home Depot, Inc. 4.950 06-25-34   81,000 81,586
The Michaels Companies, Inc. (A) 8.500 03-15-33   65,000 63,277
Valvoline, Inc. (A) 3.625 06-15-31   138,000 124,716
Wayfair LLC (A) 6.750 11-15-32   29,000 29,220
Textiles, apparel and luxury goods 0.0%      
S&S Holdings LLC (A) 8.375 10-01-31   40,000 35,282
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 26
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Consumer staples 1.0%     $933,312
Consumer staples distribution and retail 0.1%      
Albertsons Companies, Inc. (A) 5.750 03-31-34   110,000 107,618
Performance Food Group, Inc. (A) 5.625 03-01-34   38,000 36,651
Food products 0.8%      
Industrial F&B Investments III, Inc. (A) 7.750 02-11-33   27,000 27,280
JBS NV 3.625 01-15-32   53,000 49,093
JBS NV 5.750 04-01-33   125,000 129,030
JBS NV 5.950 04-20-35   11,000 11,419
MARB BondCo PLC (A) 3.950 01-29-31   200,000 177,129
Mars, Inc. (A) 5.000 03-01-32   129,000 130,532
Pilgrim’s Pride Corp. 6.250 07-01-33   150,000 157,077
Post Holdings, Inc. (A) 6.250 10-15-34   9,000 8,813
Viking Baked Goods Acquisition Corp. (A) 8.625 11-01-31   30,000 29,685
Personal care products 0.1%      
Kenvue, Inc. 4.900 03-22-33   33,000 33,266
Unilever Capital Corp. 5.900 11-15-32   33,000 35,719
Energy 5.9%     5,596,329
Oil, gas and consumable fuels 5.9%      
Antero Midstream Partners LP (A) 5.750 10-15-33   37,000 36,590
Antero Midstream Partners LP (A) 5.750 07-01-34   380,000 374,464
Ascent Resources Utica Holdings LLC (A) 5.875 06-30-29   373,000 372,655
Ascent Resources Utica Holdings LLC (A) 6.625 07-15-33   16,000 16,275
BP Capital Markets America, Inc. 4.812 02-13-33   34,000 34,110
Cheniere Energy Partners LP 5.550 10-30-35   25,000 25,459
Cheniere Energy Partners LP 5.950 06-30-33   184,000 192,889
Columbia Pipelines Holding Company LLC (A) 4.999 11-17-32   38,000 37,750
Columbia Pipelines Holding Company LLC (A) 5.681 01-15-34   182,000 186,226
Columbia Pipelines Operating Company LLC (A) 6.036 11-15-33   166,000 174,908
Comstock Resources, Inc. (A) 5.875 01-15-30   59,000 57,087
Continental Resources, Inc. (A) 5.750 01-15-31   91,000 92,744
Diamondback Energy, Inc. 5.150 01-30-30   125,000 127,545
DT Midstream, Inc. (A) 4.375 06-15-31   221,000 213,029
Enbridge, Inc. (5.750% to 7-15-30, then 5 Year CMT + 5.314% to 7-15-50, then 5 Year CMT + 6.064%) 5.750 07-15-80   101,000 100,801
Enbridge, Inc. (8.500% to 1-15-34, then 5 Year CMT + 4.431% to 1-15-54, then 5 Year CMT + 5.181%) 8.500 01-15-84   237,000 266,643
Energy Transfer LP (6.500% to 11-15-26, then 5 Year CMT + 5.694%) (C) 6.500 11-15-26   115,000 114,769
Energy Transfer LP (6.500% to 2-15-31, then 5 Year CMT + 2.676%) 6.500 02-15-56   29,000 28,651
Energy Transfer LP (6.750% to 2-15-36, then 5 Year CMT + 2.475%) 6.750 02-15-56   50,000 49,727
Energy Transfer LP (7.125% to 5-15-30, then 5 Year CMT + 5.306%) (C) 7.125 05-15-30   370,000 376,595
Enterprise Products Operating LLC (5.250% to 8-16-27, then 3 month CME Term SOFR + 3.295%) 5.250 08-16-77   107,000 106,046
Enterprise Products Operating LLC 5.350 01-31-33   33,000 34,037
EOG Resources, Inc. 5.000 07-15-32   33,000 33,411
Genesis Energy LP 6.750 03-15-34   7,000 6,967
Genesis Energy LP 7.875 05-15-32   21,000 21,597
Genesis Energy LP 8.000 05-15-33   24,000 24,799
Global Partners LP (A) 7.125 07-01-33   7,000 7,057
Global Partners LP (A) 8.250 01-15-32   21,000 21,702
Howard Midstream Energy Partners LLC (A) 6.625 01-15-34   21,000 21,080
Long Ridge Energy LLC (A) 8.750 02-15-32   29,000 30,424
Occidental Petroleum Corp. 5.375 01-01-32   159,000 161,382
Occidental Petroleum Corp. 6.450 09-15-36   104,000 111,124
Occidental Petroleum Corp. 6.625 09-01-30   104,000 111,834
Permian Resources Operating LLC (A) 6.250 02-01-33   34,000 34,634
Plains All American Pipeline LP 4.700 01-15-31   19,000 18,942
Repsol E&P Capital Markets US LLC (A) 5.204 09-16-30   200,000 201,692
27 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Energy (continued)      
Oil, gas and consumable fuels (continued)      
Sabine Pass Liquefaction LLC 4.500 05-15-30   124,000 $123,100
Sunoco LP (A) 4.500 10-01-29   136,000 131,414
Sunoco LP 4.500 04-30-30   49,000 47,238
Sunoco LP (A) 5.625 03-15-31   19,000 18,913
Sunoco LP (A) 5.875 03-15-34   34,000 33,624
Sunoco LP (A) 6.250 07-01-33   20,000 20,087
Sunoco LP (A) 7.250 05-01-32   123,000 127,264
Sunoco LP (7.875% to 9-18-30, then 5 Year CMT + 4.230%) (A)(C) 7.875 09-18-30   58,000 59,220
Targa Resources Corp. 6.150 03-01-29   124,000 129,190
Var Energi ASA (A) 5.875 05-22-30   204,000 210,456
Var Energi ASA (A) 8.000 11-15-32   224,000 254,770
Venture Global LNG, Inc. (A) 7.000 01-15-30   260,000 265,474
Viper Energy Partners LLC 4.900 08-01-30   37,000 36,976
Western Midstream Operating LP 4.050 02-01-30   189,000 183,533
Whistler Pipeline LLC (A) 5.700 09-30-31   126,000 129,425
Financials 13.1%     12,532,296
Banks 8.1%      
Banco Santander SA 4.551 11-06-30   200,000 197,135
Banco Santander SA (9.625% to 11-21-33, then 5 Year CMT + 5.298%) (C) 9.625 05-21-33   200,000 230,935
Bank of America Corp. (2.592% to 4-29-30, then Overnight SOFR + 2.150%) 2.592 04-29-31   130,000 120,099
Bank of America Corp. (2.687% to 4-22-31, then Overnight SOFR + 1.320%) 2.687 04-22-32   193,000 174,900
Bank of America Corp. (4.571% to 4-27-32, then Overnight SOFR + 1.830%) 4.571 04-27-33   306,000 300,650
Bank of America Corp. (5.425% to 8-15-34, then Overnight SOFR + 1.913%) 5.425 08-15-35   303,000 302,292
Bank of America Corp. (5.518% to 10-25-34, then Overnight SOFR + 1.738%) 5.518 10-25-35   15,000 15,000
Bank of America Corp. (6.625% to 5-1-30, then 5 Year CMT + 2.684%) (C) 6.625 05-01-30   78,000 79,969
Bank of Montreal (7.700% to 5-26-29, then 5 Year CMT + 3.452%) 7.700 05-26-84   200,000 205,391
BNP Paribas SA (5.497% to 5-20-29, then Overnight SOFR + 1.590%) (A) 5.497 05-20-30   76,000 77,825
Canadian Imperial Bank of Commerce (6.500% to 7-28-31, then 5 Year CMT + 2.727%) 6.500 07-28-86   200,000 195,495
Citigroup, Inc. (6.174% to 5-25-33, then Overnight SOFR + 2.661%) 6.174 05-25-34   289,000 299,149
Citigroup, Inc. (6.625% to 2-15-31, then 5 Year CMT + 3.001%) (C) 6.625 02-15-31   70,000 70,053
Citizens Financial Group, Inc. (5.253% to 3-5-30, then Overnight SOFR + 1.259%) 5.253 03-05-31   36,000 36,429
Citizens Financial Group, Inc. (5.299% to 1-29-31, then 5 Year CMT + 1.450%) 5.299 01-29-36   12,000 11,892
Citizens Financial Group, Inc. (5.718% to 7-23-31, then Overnight SOFR + 1.910%) 5.718 07-23-32   261,000 268,284
Credit Agricole SA (A) 3.250 01-14-30   282,000 264,568
Fifth Third Bancorp (4.772% to 7-28-29, then SOFR Compounded Index + 2.127%) 4.772 07-28-30   184,000 184,028
Fifth Third Financial Corp. (5.982% to 1-30-29, then Overnight SOFR + 2.155%) 5.982 01-30-30   186,000 191,925
First Citizens BancShares, Inc. (4.869% to 3-3-31, then Overnight SOFR + 1.487%) 4.869 03-03-32   112,000 108,210
First Citizens BancShares, Inc. (5.231% to 3-12-30, then Overnight SOFR + 1.410%) 5.231 03-12-31   46,000 45,612
First Citizens BancShares, Inc. (5.600% to 9-5-30, then 5 Year CMT + 1.850%) 5.600 09-05-35   50,000 48,869
First Citizens BancShares, Inc. (7.000% to 12-15-30, then 5 Year CMT + 3.301%) (C) 7.000 12-15-30   35,000 35,034
First Horizon Corp. (5.514% to 3-7-30, then Overnight SOFR + 1.766%) 5.514 03-07-31   29,000 29,383
Huntington Bancshares, Inc. (5.272% to 1-15-30, then Overnight SOFR + 1.276%) 5.272 01-15-31   271,000 275,107
Huntington Bancshares, Inc. (6.250% to 10-15-30, then 5 Year CMT + 2.653%) (C) 6.250 10-15-30   24,000 23,647
JPMorgan Chase & Co. (4.347% to 1-22-31, then Overnight SOFR + 0.840%) 4.347 01-22-32   333,000 328,301
JPMorgan Chase & Co. (5.294% to 7-22-34, then Overnight SOFR + 1.460%) 5.294 07-22-35   116,000 117,436
JPMorgan Chase & Co. (5.502% to 1-24-35, then Overnight SOFR + 1.315%) 5.502 01-24-36   94,000 96,213
JPMorgan Chase & Co. (5.576% to 7-23-35, then Overnight SOFR + 1.635%) 5.576 07-23-36   206,000 208,618
JPMorgan Chase & Co. (5.581% to 4-22-29, then Overnight SOFR + 1.160%) 5.581 04-22-30   269,000 277,249
KeyCorp (5.121% to 4-4-30, then SOFR Compounded Index + 1.227%) 5.121 04-04-31   53,000 53,523
KeyCorp (5.305% to 1-28-36, then Overnight SOFR + 1.367%) 5.305 01-28-37   25,000 24,484
KeyCorp (6.401% to 3-6-34, then SOFR Compounded Index + 2.420%) 6.401 03-06-35   19,000 20,145
M&T Bank Corp. (5.179% to 7-8-30, then Overnight SOFR + 1.400%) 5.179 07-08-31   25,000 25,262
M&T Bank Corp. (5.385% to 1-16-35, then Overnight SOFR + 1.610%) 5.385 01-16-36   296,000 293,563
M&T Bank Corp. (5.400% to 7-30-30, then 5 Year CMT + 1.430%) 5.400 07-30-35   48,000 47,846
Old National Bancorp (5.768% to 2-15-31, then 3 month CME Term SOFR + 2.200%) 5.768 02-15-36   24,000 23,884
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 28
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Financials (continued)      
Banks (continued)      
Regions Financial Corp. (5.502% to 9-6-34, then Overnight SOFR + 2.060%) 5.502 09-06-35   131,000 $131,178
Royal Bank of Canada (6.500% to 11-24-35, then 5 Year CMT + 2.462%) 6.500 11-24-85   200,000 193,327
The PNC Financial Services Group, Inc. (4.812% to 10-21-31, then Overnight SOFR + 1.259%) 4.812 10-21-32   162,000 161,461
The PNC Financial Services Group, Inc. (5.575% to 1-29-35, then Overnight SOFR + 1.394%) 5.575 01-29-36   34,000 34,711
The PNC Financial Services Group, Inc. (6.250% to 3-15-30, then 7 Year CMT + 2.808%) (C) 6.250 03-15-30   60,000 60,526
Truist Financial Corp. (5.153% to 8-5-31, then Overnight SOFR + 1.571%) 5.153 08-05-32   91,000 92,196
Truist Financial Corp. (5.867% to 6-8-33, then Overnight SOFR + 2.361%) 5.867 06-08-34   147,000 153,163
Truist Financial Corp. (6.123% to 10-28-32, then Overnight SOFR + 2.300%) 6.123 10-28-33   404,000 427,113
U.S. Bancorp (4.839% to 2-1-33, then Overnight SOFR + 1.600%) 4.839 02-01-34   112,000 110,687
U.S. Bancorp (5.083% to 5-15-30, then Overnight SOFR + 1.296%) 5.083 05-15-31   35,000 35,503
U.S. Bancorp (5.836% to 6-10-33, then Overnight SOFR + 2.260%) 5.836 06-12-34   286,000 298,507
Webster Financial Corp. (5.784% to 9-11-30, then 5 Year CMT + 2.125%) 5.784 09-11-35   19,000 19,296
Wells Fargo & Company (3.350% to 3-2-32, then Overnight SOFR + 1.500%) 3.350 03-02-33   237,000 217,610
Wells Fargo & Company (5.198% to 1-23-29, then Overnight SOFR + 1.500%) 5.198 01-23-30   272,000 276,264
Wells Fargo & Company (5.244% to 1-24-30, then Overnight SOFR + 1.110%) 5.244 01-24-31   30,000 30,581
Wells Fargo & Company (6.491% to 10-23-33, then Overnight SOFR + 2.060%) 6.491 10-23-34   116,000 125,599
Capital markets 2.8%      
Ares Strategic Income Fund (A) 5.150 01-15-31   55,000 51,946
Ares Strategic Income Fund (A) 5.800 09-09-30   51,000 49,592
Ares Strategic Income Fund 6.200 03-21-32   133,000 130,354
Ares Strategic Income Fund 6.350 08-15-29   133,000 133,426
Blackstone Private Credit Fund 5.050 09-10-30   45,000 42,426
Blackstone Private Credit Fund 5.950 07-16-29   125,000 123,153
Deutsche Bank AG (3.742% to 1-7-32, then Overnight SOFR + 2.257%) 3.742 01-07-33   200,000 182,284
HPS Corporate Lending Fund (A) 5.150 04-02-29   20,000 19,433
HPS Corporate Lending Fund (A) 5.450 11-15-30   129,000 123,354
HPS Corporate Lending Fund 5.950 04-14-32   41,000 39,613
Intercontinental Exchange, Inc. 4.600 03-15-33   33,000 32,540
Lazard Group LLC 4.375 03-11-29   94,000 92,905
Morgan Stanley (2.484% to 9-16-31, then Overnight SOFR + 1.360%) 2.484 09-16-36   371,000 319,204
Morgan Stanley (4.708% to 3-12-31, then Overnight SOFR + 1.195%) 4.708 03-12-32   112,000 111,246
Morgan Stanley (5.173% to 1-16-29, then Overnight SOFR + 1.450%) 5.173 01-16-30   289,000 293,065
Morgan Stanley (5.320% to 7-19-34, then Overnight SOFR + 1.555%) 5.320 07-19-35   123,000 123,427
MSCI, Inc. (A) 3.625 11-01-31   143,000 132,287
S&P Global, Inc. 2.900 03-01-32   33,000 30,093
Sixth Street Lending Partners 6.125 07-15-30   16,000 15,906
The Bank of New York Mellon Corp. (4.942% to 2-11-30, then Overnight SOFR + 0.887%) 4.942 02-11-31   292,000 295,852
The Charles Schwab Corp. (4.000% to 12-1-30, then 10 Year CMT + 3.079%) (C) 4.000 12-01-30   172,000 159,106
The Goldman Sachs Group, Inc. (2.615% to 4-22-31, then Overnight SOFR + 1.281%) 2.615 04-22-32   199,000 178,752
The Goldman Sachs Group, Inc. (2.650% to 10-21-31, then Overnight SOFR + 1.264%) 2.650 10-21-32   48,000 42,613
Consumer finance 0.3%      
Ally Financial, Inc. (5.548% to 7-31-32, then Overnight SOFR + 1.780%) 5.548 07-31-33   53,000 52,061
Ally Financial, Inc. (5.737% to 5-15-28, then SOFR Compouned Index + 1.960%) 5.737 05-15-29   25,000 25,390
Ally Financial, Inc. 8.000 11-01-31   135,000 149,692
OneMain Finance Corp. 6.125 05-15-30   51,000 49,870
PHH Escrow Issuer LLC (A) 9.875 11-01-29   51,000 49,212
Financial services 0.6%      
Apollo Debt Solutions BDC 6.700 07-29-31   84,000 84,981
Apollo Debt Solutions BDC 6.900 04-13-29   116,000 118,690
Block, Inc. (A) 5.625 08-15-30   16,000 15,912
Block, Inc. (A) 6.000 08-15-33   20,000 19,670
Enact Holdings, Inc. 6.250 05-28-29   71,000 73,073
Freedom Mortgage Holdings LLC (A) 6.875 05-01-31   49,000 45,811
Freedom Mortgage Holdings LLC (A) 7.875 04-01-33   20,000 18,751
National Rural Utilities Cooperative Finance Corp. 8.000 03-01-32   8,000 9,256
29 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Financials (continued)      
Financial services (continued)      
NMI Holdings, Inc. 6.000 08-15-29   37,000 $37,824
Radian Group, Inc. 6.200 05-15-29   42,000 43,398
Rocket Companies, Inc. (A) 6.375 08-01-33   45,000 45,483
Stonebriar ABF Issuer LLC (A) 8.125 12-15-30   43,000 44,447
TrueNoord Capital DAC (A) 8.750 03-01-30   21,000 21,443
Insurance 1.0%      
Asurion LLC (A) 8.375 02-01-34   58,000 56,310
Athene Global Funding (A) 5.322 11-13-31   266,000 262,975
Athene Holding, Ltd. (6.625% to 10-15-34, then 5 Year CMT + 2.607%) 6.625 10-15-54   45,000 41,563
Augusta SpinCo Corp. 4.945 03-23-33   34,000 33,882
CNO Financial Group, Inc. 5.250 05-30-29   82,000 82,160
CNO Global Funding (A) 4.700 12-11-30   24,000 23,678
GA Global Funding Trust (A) 4.500 09-18-30   150,000 144,383
Global Atlantic Financial Company (7.950% to 10-15-29, then 5 Year CMT + 3.608%) (A) 7.950 10-15-54   126,000 121,321
Liberty Mutual Group, Inc. (4.125% to 12-15-26, then 5 Year CMT + 3.315%) (A) 4.125 12-15-51   76,000 74,245
MetLife, Inc. (6.400% to 12-15-36, then 3 month CME Term SOFR + 2.467%) 6.400 12-15-36   89,000 90,872
Reinsurance Group of America, Inc. (6.650% to 9-15-35, then 5 Year CMT + 2.392%) 6.650 09-15-55   42,000 41,813
Mortgage real estate investment trusts 0.3%      
Starwood Property Trust, Inc. (A) 6.000 04-15-30   128,000 127,752
Starwood Property Trust, Inc. (A) 7.250 04-01-29   124,000 127,674
Health care 2.6%     2,475,885
Biotechnology 1.1%      
AbbVie, Inc. 4.400 03-15-33   124,000 121,728
AbbVie, Inc. 5.050 03-15-34   111,000 112,660
Amgen, Inc. 5.250 03-02-33   672,000 689,625
Amgen, Inc. 5.650 03-02-53   105,000 101,697
Health care equipment and supplies 0.5%      
Abbott Laboratories 4.300 03-15-33   308,000 301,426
Medtronic Global Holdings SCA 4.500 03-30-33   33,000 32,584
Solventum Corp. 5.450 03-13-31   128,000 131,324
Health care providers and services 0.7%      
CVS Health Corp. 5.000 09-15-32   68,000 68,055
Fresenius Medical Care US Finance III, Inc. (A) 2.375 02-16-31   150,000 132,964
HCA, Inc. 4.300 11-15-30   17,000 16,719
HCA, Inc. 4.600 11-15-32   26,000 25,290
HCA, Inc. 5.450 04-01-31   140,000 143,500
Horizon Mutual Holdings, Inc. (A) 6.200 11-15-34   76,000 71,147
Tenet Healthcare Corp. (A) 5.500 11-15-32   58,000 57,465
Universal Health Services, Inc. 2.650 10-15-30   162,000 145,844
Life sciences tools and services 0.0%      
Thermo Fisher Scientific, Inc. 4.473 10-07-32   33,000 32,654
Pharmaceuticals 0.3%      
Merck & Company, Inc. 4.450 12-04-32   33,000 32,774
Pfizer Investment Enterprises Pte, Ltd. 4.750 05-19-33   33,000 32,874
Royalty Pharma PLC 5.150 09-02-29   129,000 131,323
Teva Pharmaceutical Finance Company LLC 6.150 02-01-36   8,000 8,243
Teva Pharmaceutical Finance Netherlands III BV 4.100 10-01-46   116,000 85,989
Industrials 3.5%     3,296,763
Aerospace and defense 0.5%      
DAE Funding LLC (A) 4.950 01-15-33   200,000 189,627
Lockheed Martin Corp. 5.250 01-15-33   40,000 41,642
Moog, Inc. (A) 5.500 10-15-34   33,000 33,104
The Boeing Company 6.528 05-01-34   221,000 240,745
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 30
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Industrials (continued)      
Building products 0.2%      
Advanced Drainage Systems, Inc. (A) 5.375 03-01-34   19,000 $18,489
Builders FirstSource, Inc. (A) 4.250 02-01-32   196,000 180,465
Commercial services and supplies 0.1%      
Garda World Security Corp. (A) 6.500 01-15-31   29,000 29,402
GFL Environmental Holdings US, Inc. (A) 5.500 02-01-34   21,000 20,597
Waste Management, Inc. 4.150 04-15-32   33,000 32,367
Construction and engineering 0.4%      
CIMIC Finance USA Pty, Ltd. (A) 7.000 03-25-34   124,000 131,990
Quanta Services, Inc. 2.900 10-01-30   150,000 139,132
WSP Global, Inc. (A) 5.714 09-18-36   94,000 93,154
Electrical equipment 0.2%      
Regal Rexnord Corp. 6.300 02-15-30   124,000 129,924
Ground transportation 0.0%      
Union Pacific Corp. 2.800 02-14-32   33,000 30,010
Machinery 0.2%      
JB Poindexter & Company, Inc. (A) 8.750 12-15-31   129,000 130,751
Novartis Capital Corp. 4.600 03-18-33   94,000 93,601
Passenger airlines 1.3%      
American Airlines 2019-1 Class A Pass Through Trust 3.500 02-15-32   240,095 221,417
American Airlines 2019-1 Class B Pass Through Trust 3.850 02-15-28   11,525 11,266
American Airlines 2021-1 Class A Pass Through Trust 2.875 07-11-34   259,130 231,542
American Airlines 2025-1 Class A Pass Through Trust 4.900 05-11-38   48,000 46,704
American Airlines 2025-1 Class B Pass Through Trust 5.650 11-11-34   17,000 17,074
JetBlue 2019-1 Class AA Pass Through Trust 2.750 05-15-32   69,078 61,219
JetBlue 2020-1 Class A Pass Through Trust 4.000 11-15-32   21,530 20,397
United Airlines 2023-1 Class A Pass Through Trust 5.800 01-15-36   259,529 267,128
United Airlines 2024-1 Class A Pass Through Trust 5.875 02-15-37   51,686 53,105
United Airlines 2024-1 Class AA Pass Through Trust 5.450 02-15-37   242,454 247,049
United Airlines Holdings, Inc. 4.875 03-01-29   44,000 43,036
United Airlines Holdings, Inc. 5.375 03-01-31   31,000 30,359
Trading companies and distributors 0.6%      
AerCap Ireland Capital DAC 3.300 01-30-32   226,000 205,259
Ashtead Capital, Inc. (A) 5.550 05-30-33   200,000 201,951
BlueLinx Holdings, Inc. (A) 6.000 11-15-29   75,000 72,742
Wesco Distribution, Inc. (A) 5.500 04-15-34   32,000 31,515
Information technology 2.8%     2,638,216
Communications equipment 0.1%      
Motorola Solutions, Inc. 2.300 11-15-30   123,000 110,866
Electronic equipment, instruments and components 0.1%      
Amphenol Corp. 4.400 02-15-33   33,000 32,207
Jabil, Inc. 4.750 02-01-33   30,000 29,211
TD SYNNEX Corp. 5.300 10-10-35   51,000 49,410
IT services 0.1%      
CoreWeave, Inc. (A) 9.000 02-01-31   35,000 33,303
CoreWeave, Inc. (A) 9.250 06-01-30   26,000 25,263
Semiconductors and semiconductor equipment 1.5%      
Broadcom, Inc. 3.419 04-15-33   170,000 155,452
Broadcom, Inc. 4.800 02-15-36   53,000 51,672
Broadcom, Inc. 4.900 07-15-32   175,000 176,529
Foundry JV Holdco LLC (A) 6.100 01-25-36   204,000 210,145
Foundry JV Holdco LLC (A) 6.250 01-25-35   204,000 213,666
Kioxia Holdings Corp. (A) 6.625 07-24-33   200,000 205,565
KLA Corp. 4.650 07-15-32   33,000 33,146
31 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Information technology (continued)      
Semiconductors and semiconductor equipment (continued)      
Marvell Technology, Inc. 5.950 09-15-33   24,000 $25,399
Micron Technology, Inc. 5.650 11-01-32   71,000 74,950
Micron Technology, Inc. 5.800 01-15-35   88,000 93,697
Micron Technology, Inc. 6.050 11-01-35   68,000 73,375
Qorvo, Inc. (A) 3.375 04-01-31   149,000 134,768
Software 0.4%      
Fair Isaac Corp. (A) 6.250 09-15-34   127,000 124,909
Oracle Corp. 4.700 09-27-34   37,000 33,767
Oracle Corp. 4.800 09-26-32   32,000 30,475
Oracle Corp. 5.250 02-03-32   34,000 33,393
Oracle Corp. 5.375 09-27-54   115,000 88,955
Oracle Corp. 5.700 02-04-36   40,000 38,460
WULF Compute LLC (A) 7.750 10-15-30   16,000 16,907
Technology hardware, storage and peripherals 0.6%      
CDW LLC 5.100 03-01-30   131,000 130,799
Dell International LLC 4.500 02-15-31   137,000 135,381
Dell International LLC 4.750 10-06-32   69,000 68,020
Dell International LLC 5.300 04-01-32   103,000 104,599
Dell International LLC 5.400 04-15-34   103,000 103,927
Materials 0.5%     502,564
Construction materials 0.1%      
JH North America Holdings, Inc. (A) 5.875 01-31-31   10,000 9,917
JH North America Holdings, Inc. (A) 6.125 07-31-32   37,000 36,853
Quikrete Holdings, Inc. (A) 6.375 03-01-32   28,000 28,392
Standard Building Solutions, Inc. (A) 5.875 03-15-34   43,000 41,460
Standard Building Solutions, Inc. (A) 6.250 08-01-33   33,000 32,629
Metals and mining 0.4%      
Freeport-McMoRan, Inc. 5.400 11-14-34   136,000 137,995
Novelis Corp. (A) 4.750 01-30-30   192,000 181,647
Rio Tinto Finance USA PLC 5.000 03-14-32   33,000 33,671
Real estate 0.9%     883,520
Hotel and resort REITs 0.0%      
RHP Hotel Properties LP (A) 5.750 03-15-34   16,000 15,790
XHR LP (A) 6.625 05-15-30   26,000 26,250
Industrial REITs 0.1%      
Prologis Targeted U.S. Logistics Fund LP (A) 4.250 01-15-31   31,000 30,327
Prologis Targeted U.S. Logistics Fund LP (A) 4.625 03-15-33   69,000 67,100
Office REITs 0.1%      
Vornado Realty LP 5.750 02-01-33   59,000 57,857
Real estate management and development 0.1%      
CoStar Group, Inc. (A) 2.800 07-15-30   151,000 136,548
Specialized REITs 0.6%      
American Tower Corp. 4.700 12-15-32   44,000 43,235
American Tower Corp. 5.550 07-15-33   35,000 35,967
American Tower Corp. 5.650 03-15-33   35,000 36,148
Iron Mountain Information Management Services, Inc. (A) 5.000 07-15-32   138,000 130,280
Millrose Properties, Inc. (A) 6.375 08-01-30   48,000 47,985
VICI Properties LP 5.125 11-15-31   110,000 109,200
VICI Properties LP 5.125 05-15-32   149,000 146,833
Utilities 3.3%     3,109,259
Electric utilities 2.2%      
American Electric Power Company, Inc. (5.800% to 3-15-31, then 5 Year CMT + 2.128%) 5.800 03-15-56   30,000 29,634
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 32
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Utilities (continued)      
Electric utilities (continued)      
American Electric Power Company, Inc. (6.050% to 3-15-36, then 5 Year CMT + 1.940%) 6.050 03-15-56   13,000 $12,884
Constellation Energy Generation LLC 4.400 01-15-31   31,000 30,596
Constellation Energy Generation LLC 6.500 10-01-53   189,000 200,579
Electricite de France SA (A)(B) 5.650 04-22-29   200,000 206,465
Electricite de France SA (9.125% to 6-15-33, then 5 Year CMT + 5.411%) (A)(C) 9.125 03-15-33   200,000 231,602
Entergy Corp. (5.875% to 6-15-31, then 5 Year CMT + 2.179%) 5.875 06-15-56   55,000 54,267
Entergy Corp. (6.100% to 6-15-36, then 5 Year CMT + 2.013%) 6.100 06-15-56   28,000 27,634
Exelon Corp. (6.500% to 3-15-35, then 5 Year CMT + 1.975%) 6.500 03-15-55   9,000 9,176
Georgia Power Company 4.950 05-17-33   33,000 33,260
NextEra Energy Capital Holdings, Inc. (6.375% to 8-15-30, then 5 Year CMT + 2.053%) 6.375 08-15-55   26,000 26,488
NextEra Energy Capital Holdings, Inc. (6.500% to 8-15-35, then 5 Year CMT + 1.979%) 6.500 08-15-55   10,000 10,319
NRG Energy, Inc. (A) 3.625 02-15-31   146,000 134,444
NRG Energy, Inc. (A) 3.875 02-15-32   101,000 92,593
NRG Energy, Inc. (A) 5.407 10-15-35   55,000 53,951
NRG Energy, Inc. (A) 7.000 03-15-33   29,000 31,395
NRG Energy, Inc. (10.250% to 3-15-28, then 5 Year CMT + 5.920%) (A)(C) 10.250 03-15-28   117,000 126,210
Pacific Gas & Electric Company 5.800 05-15-34   142,000 145,506
PacifiCorp (7.125% to 8-15-31, then 5 Year CMT + 3.292%) 7.125 08-15-56   60,000 56,681
PacifiCorp (7.375% to 9-15-30, then 5 Year CMT + 3.319%) 7.375 09-15-55   39,000 37,266
PG&E Corp. (6.850% to 9-15-31, then 5 Year CMT + 3.225%) 6.850 09-15-56   39,000 38,537
PG&E Corp. (7.375% to 3-15-30, then 5 Year CMT + 3.883%) 7.375 03-15-55   257,000 258,649
The Southern Company (6.375% to 3-15-35, then 5 Year CMT + 2.069%) 6.375 03-15-55   269,000 276,679
Independent power and renewable electricity producers 0.6%      
Capital Power US Holdings, Inc. (A) 5.257 06-01-28   20,000 20,119
Capital Power US Holdings, Inc. (A) 6.189 06-01-35   34,000 34,814
Vistra Corp. (8.000% to 10-15-26, then 5 Year CMT + 6.930%) (A)(C) 8.000 10-15-26   30,000 30,318
Vistra Operations Company LLC (A) 4.300 07-15-29   47,000 46,189
Vistra Operations Company LLC (A) 4.700 01-31-31   25,000 24,597
Vistra Operations Company LLC (A) 6.000 04-15-34   116,000 119,244
Vistra Operations Company LLC (A) 6.950 10-15-33   94,000 102,282
XPLR Infrastructure Operating Partners LP (A) 4.500 09-15-27   134,000 132,668
Multi-utilities 0.5%      
CenterPoint Energy, Inc. (5.950% to 4-1-31, then 5 Year CMT + 2.223%) 5.950 04-01-56   32,000 31,715
Dominion Energy, Inc. (6.000% to 2-15-31, then 5 Year CMT + 2.262%) 6.000 02-15-56   43,000 42,726
Dominion Energy, Inc. (6.200% to 2-15-36, then 5 Year CMT + 2.006%) 6.200 02-15-56   53,000 52,534
Dominion Energy, Inc. (6.875% to 2-1-30, then 5 Year CMT + 2.386%) 6.875 02-01-55   121,000 124,530
Dominion Energy, Inc. (7.000% to 6-1-34, then 5 Year CMT + 2.511%) 7.000 06-01-54   121,000 127,980
NiSource, Inc. (5.750% to 7-15-31, then 5 Year CMT + 2.035%) 5.750 07-15-56   43,000 42,346
San Diego Gas & Electric Company 5.200 03-15-36   26,000 25,927
WEC Energy Group, Inc. (5.625% to 5-15-31, then 5 Year CMT + 1.905%) 5.625 05-15-56   27,000 26,455
Collateralized mortgage obligations 5.1%       $4,866,928
(Cost $4,890,752)          
Commercial and residential 4.5%     4,303,958
A&D Mortgage Trust    
Series 2025-NQM1, Class A1 (A)(D) 5.430 03-25-70   92,800 92,912
Series 2025-NQM4, Class A1 (A) 5.225 10-25-70   118,717 118,462
Series 2026-NQM1, Class A1 (A)(D) 4.912 02-25-71   98,761 97,849
Series 2026-NQM2, Class A1 (A)(D) 4.811 03-25-71   71,638 70,875
Angel Oak Mortgage Trust LLC    
Series 2025-10, Class A1 (A)(D) 4.960 09-25-70   228,665 227,479
Series 2025-11, Class A1 (A)(D) 4.975 10-25-70   122,466 121,935
Series 2026-1, Class A1 (A)(D) 4.747 02-25-71   62,986 62,409
Avenue of Americas    
Series 2025-1301, Class A (A)(D) 5.059 08-11-42   109,000 109,259
BAHA Trust    
Series 2024-MAR, Class A (A)(D) 5.574 12-10-41   100,000 102,039
33 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Commercial and residential (continued)      
BANK5    
Series 2024-5YR8, Class A3 5.884 08-15-57   38,000 $39,400
Series 2025-5YR18, Class A3 5.145 12-15-58   40,000 40,658
Series 2025-5YR19, Class A3 5.270 12-15-58   30,000 30,640
Series 2026-5YR20, Class A3 5.104 02-15-59   22,000 22,318
Series 2026-5YR21, Class A3 (E) 5.525 04-15-59   44,000 45,348
BBCMS Mortgage Trust    
Series 2025-5C38, Class A3 5.146 11-15-58   168,000 170,627
Series 2026-5C40, Class A3 5.248 02-15-59   34,000 34,698
Benchmark Mortgage Trust    
Series 2020-B16, Class A5 2.732 02-15-53   150,000 139,556
Series 2024-V12, Class A3 5.738 12-15-57   51,000 52,638
Series 2026-V20, Class A3 5.184 02-15-59   162,000 164,891
BX Trust    
Series 2019-OC11, Class A (A) 3.202 12-09-41   97,000 91,581
Citigroup Commercial Mortgage Trust    
Series 2023-SMRT, Class A (A)(D) 5.820 10-12-40   100,000 101,930
COLT Mortgage Loan Trust    
Series 2022-2, Class A1 (A) 3.994 02-25-67   123,863 118,157
Cross Mortgage Trust    
Series 2026-NQM1, Class A1 (A)(D) 4.699 02-25-61   98,411 97,388
Ellington Financial Mortgage Trust    
Series 2026-NQM1, Class A1 (A)(D) 4.771 02-25-71   98,719 97,758
GCAT Trust    
Series 2020-NQM2, Class A1 (A) 2.555 04-25-65   60,904 58,612
Series 2025-NQM5, Class A1 (A)(D) 4.981 08-25-70   92,038 91,528
GGP Trust    
Series 2026-TY, Class A (A)(D) 4.670 03-05-43   56,000 55,320
Hudson Yards Mortgage Trust    
Series 2025-SPRL, Class A (A)(D) 5.467 01-13-40   100,000 102,327
New Residential Mortgage Loan Trust    
Series 2025-NQM3, Class A1 (A)(D) 5.530 05-25-65   100,065 100,551
Series 2026-NQM1, Class A1 (A)(D) 4.824 11-25-65   97,020 96,123
Series 2026-NQM2, Class A1 (A)(D) 4.743 12-25-65   98,945 97,944
NRZT Trust    
Series 2025-NQM6, Class A1 (A)(D) 5.085 10-25-65   101,061 100,812
OBX Trust    
Series 2021-NQM2, Class A1 (A)(D) 1.101 05-25-61   106,172 87,362
Series 2026-NQM2, Class A1 (A)(D) 4.818 12-01-65   98,433 97,672
Series 2026-NQM3, Class A1 (A)(D) 4.652 01-25-66   98,855 97,884
PRKCM Trust    
Series 2026-AFC1, Class A1 (A)(D) 4.677 02-25-61   99,510 98,462
Progress Residential Trust    
Series 2025-SFR1, Class A (A) 3.400 02-17-42   99,494 94,701
Series 2025-SFR4, Class A (A) 4.300 08-17-42   100,000 97,602
Series 2026-SFR1, Class A (A) 3.850 02-17-43   100,000 95,317
ROCK Trust    
Series 2024-CNTR, Class A (A) 5.388 11-13-41   100,000 101,659
SLG Office Trust    
Series 2026-OMA, Class A (A)(D) 4.965 04-15-41   100,000 100,020
Towd Point Mortgage Trust    
Series 2020-1, Class A1 (A)(D) 2.710 01-25-60   60,069 57,978
Series 2020-4, Class A1 (A) 1.750 10-25-60   35,531 32,382
Verus Securitization Trust    
Series 2025-11, Class A1 (A)(D) 4.914 11-25-70   120,325 119,753
Series 2026-2, Class A1 (A)(D) 4.590 02-25-71   99,325 98,348
Wells Fargo Commercial Mortgage Trust    
Series 2025-5C4, Class A3 5.673 05-15-58   30,000 30,980
Series 2025-5C6, Class A3 5.186 10-15-58   37,000 37,586
WHARF Commercial Mortgage Trust    
Series 2025-DC, Class A (A)(D) 4.993 07-15-40   100,000 102,228
U.S. Government Agency 0.6%     562,970
Government National Mortgage Association    
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 34
Table of Contents
  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)      
Series 2021-11, Class IO 1.022 12-16-62   592,563 $42,451
Series 2022-144, Class IO 0.531 10-16-64   1,950,570 92,910
Series 2024-179, Class XI IO 0.831 12-16-66   1,360,544 93,788
Series 2025-126, Class IO 0.767 05-16-67   734,142 50,639
Series 2025-128, Class IO 0.926 09-16-67   425,838 33,689
Series 2025-3, Class IO 0.849 04-16-67   1,021,895 68,560
Series 2025-35, Class IO 0.763 09-16-66   1,565,106 88,873
Series 2025-73, Class IO 0.675 08-16-67   1,553,689 92,060
Asset-backed securities 4.7%         $4,473,735
(Cost $4,483,432)          
Asset-backed securities 4.7%     4,473,735
Aligned Data Centers Issuer LLC          
Series 2023-2A, Class A2 (A) 6.500 11-16-48   100,000 100,944
AMSR Trust          
Series 2025-SFR1, Class A (A) 3.655 06-17-42   100,000 95,220
Arby’s Funding LLC          
Series 2020-1A, Class A2 (A) 3.237 07-30-50   94,500 92,195
Beacon Container Finance II LLC          
Series 2021-1A, Class A (A) 2.250 10-22-46   106,083 98,686
CARS-DB8 LP          
Series 2024-2A, Class A1 (A) 4.900 05-15-54   187,667 187,568
CLI Funding IX LLC          
Series 2024-1A, Class A (A) 5.630 07-20-49   177,678 178,217
CLI Funding VIII LLC          
Series 2022-1A, Class A (A) 2.720 01-18-47   118,464 109,625
Compass Datacenters Issuer II LLC          
Series 2024-1A, Class A1 (A) 5.250 02-25-49   33,000 32,968
Series 2025-1A, Class A1 (A) 5.316 05-25-50   30,000 29,814
Compass Datacenters Issuer III LLC          
Series 2025-2A, Class A2 (A) 5.835 02-25-50   25,000 25,182
CyrusOne Data Centers Issuer I LLC          
Series 2023-1A, Class A2 (A) 4.300 04-20-48   92,000 90,306
Series 2024-2A, Class A2 (A) 4.500 05-20-49   75,000 72,905
DataBank Issuer LLC          
Series 2023-1A, Class A2 (A) 5.116 02-25-53   150,000 149,121
Series 2026-1A, Class A2 (A) 5.811 02-25-56   42,000 41,737
DB Master Finance LLC          
Series 2017-1A, Class A2II (A) 4.030 11-20-47   63,480 62,847
Series 2021-1A, Class A2II (A) 2.493 11-20-51   143,625 135,223
Domino’s Pizza Master Issuer LLC          
Series 2025-1A, Class A2I (A) 4.930 07-25-55   25,000 24,896
Series 2025-1A, Class A2II (A) 5.217 07-25-55   26,000 25,848
Driven Brands Funding LLC          
Series 2024-1A, Class A2 (A) 6.372 10-20-54   197,000 181,723
Series 2025-1A, Class A2 (A) 5.296 10-20-55   28,928 25,890
ExteNet Issuer LLC          
Series 2024-1A, Class A2 (A) 5.335 07-25-54   100,000 100,282
Flexential Issuer LLC          
Series 2025-1A, Class A2 (A) 6.030 10-25-60   25,000 24,829
Ford Credit Auto Owner Trust          
Series 2026-1, Class A (4.320% to 2-15-31, then 8.630% thereafter) (A) 4.320 08-15-38   100,000 99,239
GBX Leasing LLC          
Series 2026-1A, Class A (A) 5.130 02-20-56   99,900 99,211
GM Financial Revolving Receivables Trust          
Series 2024-1, Class A (A) 4.980 12-11-36   100,000 101,857
Hotwire Funding LLC          
Series 2021-1, Class A2 (A) 2.311 11-20-51   100,000 98,550
Jersey Mike’s Funding LLC          
Series 2024-1A, Class A2 (A) 5.636 02-15-55   99,000 100,120
Series 2025-1A, Class A2 (A) 5.610 08-16-55   78,605 79,778
Series 2026-1A, Class A2I (A) 4.952 02-15-56   56,000 55,233
35 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Asset-backed securities (continued)      
Kinetic ABS Issuer LLC          
Series 2026-1A, Class A2 (A) 5.219 02-25-56   118,000 $117,664
MetroNet Infrastructure Issuer LLC          
Series 2025-2A, Class A2 (A) 5.400 08-20-55   93,000 93,798
Series 2025-4A, Class A2 (A) 5.163 12-20-55   38,000 37,824
Series 2026-1A, Class A2 (A) 5.273 04-20-56   45,000 45,020
Navient Refinance Loan Trust          
Series 2026-A, Class A (A) 4.500 01-18-56   100,000 98,873
Neighborly Issuer LLC          
Series 2022-1A, Class A2 (A) 3.695 01-30-52   144,000 135,667
Retained Vantage Data Centers Issuer LLC          
Series 2023-1A, Class A2A (A) 5.000 09-15-48   119,000 118,662
Sabey Data Center Issuer LLC          
Series 2026-1, Class A2 (A) 5.482 01-20-51   40,000 39,687
Scalelogix ABS Issuer LLC          
Series 2025-1A, Class A2 (A) 5.673 07-25-55   30,000 29,498
ServiceMaster Funding LLC          
Series 2021-1, Class A2II (A) 3.113 07-30-51   36,913 31,738
SMB Private Education Loan Trust          
Series 2023-C, Class A1A (A) 5.670 11-15-52   92,058 93,866
Series 2024-A, Class A1A (A) 5.240 03-15-56   74,196 74,816
Sonic Capital LLC          
Series 2020-1A, Class A2I (A) 3.845 01-20-50   94,417 93,487
Subway Funding LLC          
Series 2024-1A, Class A2I (A) 6.028 07-30-54   102,700 103,363
Series 2024-1A, Class A2II (A) 6.268 07-30-54   69,125 69,726
Series 2024-3A, Class A23 (A) 5.914 07-30-54   77,025 75,021
Series 2024-3A, Class A2I (A) 5.246 07-30-54   24,688 24,371
Summit Issuer LLC          
Series 2025-1A, Class A2 (A) 5.208 11-20-55   39,000 38,902
Switch ABS Issuer LLC          
Series 2024-2A, Class A2 (A) 5.436 06-25-54   25,000 24,506
Series 2025-1A, Class A2 (A) 5.036 03-25-55   52,000 50,099
Series 2025-2A, Class A21 (A) 5.121 10-25-55   25,000 24,415
Taco Bell Funding LLC          
Series 2025-1A, Class A2I (A) 4.821 08-25-55   47,000 46,278
Series 2025-1A, Class A2II (A) 5.049 08-25-55   34,000 33,205
TIF Funding II LLC          
Series 2021-1A, Class A (A) 1.650 02-20-46   145,208 132,468
Tricon Residential Trust          
Series 2024-SFR3, Class A (A) 4.500 08-17-41   99,012 97,593
Uniti Fiber Issuer LLC          
Series 2025-1A, Class A2 (A) 5.877 04-20-55   25,000 25,383
Series 2025-2A, Class A2 (A) 5.177 01-20-56   25,000 24,923
VB-S1 Issuer LLC          
Series 2026-1A, Class C2 (A) 4.693 03-15-56   33,000 32,424
Verizon Master Trust          
Series 2025-9, Class A1A 3.960 10-21-30   35,000 34,881
Wendy’s Funding LLC          
Series 2021-1A, Class A2I (A) 2.370 06-15-51   47,579 44,005
Zayo Issuer LLC          
Series 2025-1A, Class A2 (A) 5.648 03-20-55   61,000 61,558
    
        Shares Value
Preferred securities 0.1%         $69,820
(Cost $69,500)          
Utilities 0.1%     69,820
Electric utilities 0.1%      
NextEra Energy, Inc., 7.375%   1,390 69,820
    
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 36
Table of Contents
    Yield (%)   Shares Value
Short-term investments 0.5%         $444,508
(Cost $444,462)          
Short-term funds 0.5%         444,508
John Hancock Collateral Trust (F) 3.6657(G)   44,443 444,508
    
Total investments (Cost $95,058,308) 99.6%     $94,838,562
Other assets and liabilities, net 0.4%       400,096
Total net assets 100.0%         $95,238,658
    
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund.
^All par values are denominated in U.S. dollars unless otherwise indicated.
Security Abbreviations and Legend
CME CME Group Published Rates
CMT Constant Maturity Treasury
IO Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period.
SOFR Secured Overnight Financing Rate
(A) This security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $20,745,487 or 21.8% of the fund’s net assets as of 3-31-26.
(B) All or a portion of this security is on loan as of 3-31-26.
(C) Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(D) Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end.
(E) Security purchased or sold on a when-issued or delayed-delivery basis.
(F) Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $272,916.
(G) The rate shown is the annualized seven-day yield as of 3-31-26.
CORPORATE BOND ETF
As of 3-31-26
  Rate (%) Maturity date   Par value^ Value
Corporate bonds 98.8%     $105,382,582
(Cost $107,216,874)          
Communication services 7.8%     8,373,157
Diversified telecommunication services 1.1%      
AT&T, Inc. 4.300 12-15-42   223,000 185,105
Comcast Corp. 4.150 10-15-28   630,000 627,412
Verizon Communications, Inc. 1.500 09-18-30   115,000 100,896
Verizon Communications, Inc. 3.400 03-22-41   393,000 301,753
Verizon Communications, Inc. 4.500 08-10-33   20,000 19,399
Entertainment 1.8%      
Netflix, Inc. 4.900 08-15-34   556,000 560,322
WMG Acquisition Corp. (A) 3.875 07-15-30   1,406,000 1,321,502
Interactive media and services 2.2%      
Alphabet, Inc. 5.250 05-15-55   147,000 138,799
Alphabet, Inc. 5.450 11-15-55   351,000 339,839
Meta Platforms, Inc. 4.450 08-15-52   1,819,000 1,430,937
Meta Platforms, Inc. 4.875 11-15-35   434,000 425,772
Media 1.9%      
Charter Communications Operating LLC 2.800 04-01-31   718,000 644,625
Charter Communications Operating LLC 4.200 03-15-28   164,000 162,568
Charter Communications Operating LLC 4.400 04-01-33   212,000 198,199
News Corp. (A) 5.125 02-15-32   1,094,000 1,069,619
Wireless telecommunication services 0.8%      
T-Mobile USA, Inc. 4.500 04-15-50   372,000 300,358
T-Mobile USA, Inc. 5.050 07-15-33   23,000 23,159
T-Mobile USA, Inc. 5.750 01-15-54   545,000 522,893
37 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Consumer discretionary 3.0%     $3,229,816
Automobiles 0.4%      
Ford Motor Credit Company LLC 6.050 03-05-31   261,000 263,309
General Motors Company 5.400 10-15-29   30,000 30,676
General Motors Financial Company, Inc. 5.950 04-04-34   147,000 151,044
Broadline retail 1.7%      
Amazon.com, Inc. 4.950 12-05-44   1,994,000 1,863,475
Hotels, restaurants and leisure 0.9%      
Royal Caribbean Cruises, Ltd. 5.375 01-15-36   534,000 524,627
Royal Caribbean Cruises, Ltd. (A) 6.250 03-15-32   388,000 396,685
Consumer staples 1.2%     1,242,274
Beverages 0.7%      
Anheuser-Busch InBev Finance, Inc. 4.900 02-01-46   50,000 44,888
Keurig Dr. Pepper, Inc. 5.200 03-15-31   715,000 722,834
Consumer staples distribution and retail 0.5%      
Walmart, Inc. 4.050 06-29-48   534,000 435,753
Walmart, Inc. 4.500 09-09-52   45,000 38,799
Energy 4.6%     4,884,226
Oil, gas and consumable fuels 4.6%      
Cheniere Energy Partners LP 3.250 01-31-32   845,000 770,141
DT Midstream, Inc. (A) 4.300 04-15-32   800,000 763,207
Enbridge, Inc. (5.750% to 7-15-30, then 5 Year CMT + 5.314% to 7-15-50, then 5 Year CMT + 6.064%) 5.750 07-15-80   1,166,000 1,163,699
Energy Transfer LP 5.950 05-15-54   980,000 918,923
Exxon Mobil Corp. 3.567 03-06-45   50,000 38,657
ONEOK, Inc. 4.750 10-15-31   184,000 182,045
ONEOK, Inc. 6.050 09-01-33   179,000 187,704
Var Energi ASA (A) 8.000 11-15-32   756,000 859,850
Financials 44.6%     47,624,343
Banks 24.7%      
Bank of America Corp. (2.592% to 4-29-30, then Overnight SOFR + 2.150%) 2.592 04-29-31   2,480,000 2,291,112
Bank of America Corp. (2.651% to 3-11-31, then Overnight SOFR + 1.220%) 2.651 03-11-32   260,000 235,798
Bank of America Corp. (5.468% to 1-23-34, then Overnight SOFR + 1.650%) 5.468 01-23-35   453,000 462,422
Barclays PLC (2.894% to 11-24-31, then 1 Year CMT + 1.300%) 2.894 11-24-32   716,000 639,726
Barclays PLC (6.692% to 9-13-33, then Overnight SOFR + 2.620%) 6.692 09-13-34   155,000 167,490
BNP Paribas SA (3.052% to 1-13-30, then Overnight SOFR + 1.507%) (A) 3.052 01-13-31   374,000 350,949
BNP Paribas SA (5.738% to 2-20-34, then Overnight SOFR + 1.880%) (A) 5.738 02-20-35   1,208,000 1,239,814
BNP Paribas SA (9.250% to 11-17-27, then 5 Year CMT + 4.969%) (A)(B) 9.250 11-17-27   706,000 736,167
BPCE SA (5.936% to 5-30-34, then Overnight SOFR + 1.850%) (A) 5.936 05-30-35   1,126,000 1,151,715
Citigroup, Inc. (2.561% to 5-1-31, then Overnight SOFR + 1.167%) 2.561 05-01-32   451,000 403,439
Citigroup, Inc. (3.785% to 3-17-32, then Overnight SOFR + 1.939%) 3.785 03-17-33   135,000 126,637
Citizens Financial Group, Inc. (5.718% to 7-23-31, then Overnight SOFR + 1.910%) 5.718 07-23-32   1,169,000 1,201,623
Credit Agricole SA (A) 3.250 01-14-30   1,034,000 970,081
Fifth Third Bank NA (5.332% to 8-25-32, then Overnight SOFR + 2.610%) 5.332 08-25-33   1,313,000 1,315,322
JPMorgan Chase & Co. (2.739% to 10-15-29, then 3 month CME Term SOFR + 1.510%) 2.739 10-15-30   832,000 783,587
JPMorgan Chase & Co. (2.963% to 1-25-32, then Overnight SOFR + 1.260%) 2.963 01-25-33   370,000 335,672
JPMorgan Chase & Co. (3.109% to 4-22-50, then Overnight SOFR + 2.440%) 3.109 04-22-51   604,000 394,311
JPMorgan Chase & Co. (4.946% to 10-22-34, then Overnight SOFR + 1.340%) 4.946 10-22-35   255,000 252,203
JPMorgan Chase & Co. (5.336% to 1-23-34, then Overnight SOFR + 1.620%) 5.336 01-23-35   1,116,000 1,133,128
Lloyds Banking Group PLC (4.976% to 8-11-32, then 1 Year CMT + 2.300%) 4.976 08-11-33   6,000 5,974
Lloyds Banking Group PLC (6.750% to 6-27-26, then 5 Year CMT + 4.815%) (B) 6.750 06-27-26   915,000 918,875
M&T Bank Corp. (6.082% to 3-13-31, then Overnight SOFR + 2.260%) 6.082 03-13-32   704,000 737,991
Pinnacle Bank (5.957% to 1-15-31, then 5 Year CMT + 2.300%) 5.957 01-15-36   306,000 303,049
Regions Financial Corp. (5.502% to 9-6-34, then Overnight SOFR + 2.060%) 5.502 09-06-35   543,000 543,740
Santander UK Group Holdings PLC (5.136% to 9-22-35, then SOFR Compounded Index + 1.578%) 5.136 09-22-36   316,000 305,150
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 38
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Financials (continued)      
Banks (continued)      
The Bank of Nova Scotia (8.000% to 1-27-29, then 5 Year CMT + 4.017%) 8.000 01-27-84   426,000 $446,016
The PNC Financial Services Group, Inc. (2.307% to 4-23-31, then Overnight SOFR + 0.979%) 2.307 04-23-32   556,000 495,198
The Toronto-Dominion Bank (8.125% to 10-31-27, then 5 Year CMT + 4.075%) 8.125 10-31-82   531,000 547,815
Truist Financial Corp. (4.916% to 7-28-32, then Overnight SOFR + 2.240%) 4.916 07-28-33   1,484,000 1,455,221
Truist Financial Corp. (5.100% to 9-1-30, then 10 Year CMT + 4.349%) (B) 5.100 03-01-30   563,000 561,979
Truist Financial Corp. (5.867% to 6-8-33, then Overnight SOFR + 2.361%) 5.867 06-08-34   173,000 180,253
U.S. Bancorp (4.967% to 7-22-32, then Overnight SOFR + 2.110%) 4.967 07-22-33   5,000 4,945
U.S. Bancorp (5.424% to 2-12-35, then Overnight SOFR + 1.411%) 5.424 02-12-36   617,000 630,481
U.S. Bancorp (5.850% to 10-21-32, then Overnight SOFR + 2.090%) 5.850 10-21-33   986,000 1,035,959
Webster Financial Corp. (5.784% to 9-11-30, then 5 Year CMT + 2.125%) 5.784 09-11-35   243,000 246,789
Wells Fargo & Company (2.879% to 10-30-29, then 3 month CME Term SOFR + 1.432%) 2.879 10-30-30   1,062,000 1,001,975
Wells Fargo & Company (4.478% to 4-4-30, then 3 month CME Term SOFR + 4.032%) 4.478 04-04-31   750,000 743,520
Wells Fargo & Company (5.605% to 4-23-35, then Overnight SOFR + 1.740%) 5.605 04-23-36   1,364,000 1,395,819
Zions Bancorp NA (4.704% to 8-18-27, then Overnight SOFR + 1.155%) 4.704 08-18-28   9,000 8,920
Zions Bancorp NA (6.816% to 11-19-34, then Overnight SOFR + 2.830%) 6.816 11-19-35   606,000 622,440
Capital markets 12.2%      
Ares Strategic Income Fund 5.600 02-15-30   1,238,000 1,204,634
Blackstone Private Credit Fund 5.600 11-22-29   267,000 259,718
Blackstone Private Credit Fund 6.250 01-25-31   841,000 830,723
Cantor Fitzgerald LP (A) 7.200 12-12-28   429,000 445,681
Deutsche Bank AG (3.742% to 1-7-32, then Overnight SOFR + 2.257%) 3.742 01-07-33   975,000 888,634
Morgan Stanley (2.239% to 7-21-31, then Overnight SOFR + 1.178%) 2.239 07-21-32   868,000 759,915
Morgan Stanley (4.889% to 7-20-32, then Overnight SOFR + 2.076%) 4.889 07-20-33   237,000 235,487
Morgan Stanley (5.192% to 4-17-30, then Overnight SOFR + 1.510%) 5.192 04-17-31   356,000 361,302
Morgan Stanley (5.320% to 7-19-34, then Overnight SOFR + 1.555%) 5.320 07-19-35   1,142,000 1,145,961
MSCI, Inc. (A) 3.875 02-15-31   1,266,000 1,196,743
State Street Corp. (4.784% to 10-23-35, then Overnight SOFR + 1.215%) 4.784 10-23-36   343,000 333,376
State Street Corp. (5.159% to 5-18-33, then Overnight SOFR + 1.890%) 5.159 05-18-34   601,000 608,515
The Bank of New York Mellon Corp. (5.060% to 7-22-31, then Overnight SOFR + 1.230%) 5.060 07-22-32   1,076,000 1,096,808
The Bank of New York Mellon Corp. (6.474% to 10-25-33, then Overnight SOFR + 1.845%) 6.474 10-25-34   165,000 180,348
The Charles Schwab Corp. (4.000% to 12-1-30, then 10 Year CMT + 3.079%) (B) 4.000 12-01-30   1,668,000 1,542,962
The Charles Schwab Corp. (5.000% to 6-1-27, then 5 Year CMT + 3.256%) (B) 5.000 06-01-27   153,000 151,317
The Goldman Sachs Group, Inc. (2.650% to 10-21-31, then Overnight SOFR + 1.264%) 2.650 10-21-32   416,000 369,317
The Goldman Sachs Group, Inc. (5.330% to 7-23-34, then Overnight SOFR + 1.550%) 5.330 07-23-35   714,000 716,418
UBS Group AG (9.250% to 11-13-33, then 5 Year CMT + 4.758%) (A)(B) 9.250 11-13-33   603,000 679,122
Consumer finance 1.2%      
Ally Financial, Inc. (6.184% to 7-26-34, then Overnight SOFR + 2.290%) 6.184 07-26-35   809,000 811,350
Capital One Financial Corp. (2.359% to 7-29-31, then Overnight SOFR + 1.337%) 2.359 07-29-32   502,000 432,769
Financial services 3.7%      
Apollo Debt Solutions BDC 6.700 07-29-31   799,000 808,331
Atlas Warehouse Lending Company LP (A) 6.250 01-15-30   434,000 446,344
Corebridge Financial, Inc. (6.875% to 12-15-27, then 5 Year CMT + 3.846%) 6.875 12-15-52   1,025,000 1,032,760
Mastercard, Inc. 3.850 03-26-50   638,000 485,301
National Rural Utilities Cooperative Finance Corp. (7.125% to 9-15-28, then 5 Year CMT + 3.533%) 7.125 09-15-53   262,000 271,149
NMI Holdings, Inc. 6.000 08-15-29   425,000 434,465
Radian Group, Inc. 6.200 05-15-29   494,000 510,438
Insurance 2.8%      
Athene Holding, Ltd. 5.875 01-15-34   615,000 612,540
Brown & Brown, Inc. 4.200 03-17-32   436,000 411,547
F&G Annuities & Life, Inc. 6.250 10-04-34   105,000 99,658
Global Atlantic Fin Company (A) 3.125 06-15-31   509,000 445,835
Prudential Financial, Inc. (3.700% to 10-1-30, then 5 Year CMT + 3.035%) 3.700 10-01-50   836,000 759,452
Teachers Insurance & Annuity Association of America (A) 4.270 05-15-47   836,000 672,118
39 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Health care 8.0%     $8,486,746
Biotechnology 2.9%      
AbbVie, Inc. 4.250 11-21-49   673,000 546,296
AbbVie, Inc. 4.875 11-14-48   741,000 664,447
Amgen, Inc. 5.250 03-02-33   505,000 518,245
Amgen, Inc. 5.650 03-02-53   1,342,000 1,299,784
Health care providers and services 1.5%      
HCA, Inc. 3.500 09-01-30   1,254,000 1,190,850
HCA, Inc. 5.450 09-15-34   58,000 58,543
HCA, Inc. 5.500 06-01-33   290,000 295,783
UnitedHealth Group, Inc. 5.375 04-15-54   45,000 41,381
Pharmaceuticals 3.6%      
Astrazeneca Finance LLC 5.000 02-26-34   447,000 453,570
Bristol-Myers Squibb Company 3.700 03-15-52   941,000 678,452
Eli Lilly & Company 5.000 02-09-54   1,772,000 1,614,058
Merck & Company, Inc. 4.500 05-17-33   196,000 195,429
Pfizer Investment Enterprises Pte, Ltd. 5.300 05-19-53   679,000 631,042
Viatris, Inc. 4.000 06-22-50   456,000 298,866
Industrials 10.7%     11,371,596
Aerospace and defense 1.9%      
DAE Funding LLC (A) 4.950 01-15-33   205,000 194,367
RTX Corp. 5.375 02-27-53   8,000 7,513
RTX Corp. 5.400 05-01-35   361,000 371,674
RTX Corp. 6.100 03-15-34   275,000 296,133
The Boeing Company 5.150 05-01-30   628,000 638,513
The Boeing Company 5.805 05-01-50   508,000 491,097
The Boeing Company 6.858 05-01-54   45,000 49,526
Construction and engineering 0.8%      
MasTec, Inc. 5.900 06-15-29   791,000 817,329
Electrical equipment 0.6%      
Regal Rexnord Corp. 6.400 04-15-33   541,000 571,831
Machinery 0.2%      
Weir Group, Inc. (A) 5.350 05-06-30   243,000 246,221
Passenger airlines 3.3%      
Delta Air Lines, Inc. (A) 4.750 10-20-28   862,583 861,337
United Airlines 2020-1 Class A Pass Through Trust 5.875 10-15-27   493,399 501,642
United Airlines 2023-1 Class A Pass Through Trust 5.800 01-15-36   77,403 79,670
United Airlines 2024-1 Class A Pass Through Trust 5.875 02-15-37   1,260,198 1,294,794
United Airlines 2024-1 Class AA Pass Through Trust 5.450 02-15-37   711,387 724,867
Professional services 0.6%      
Automatic Data Processing, Inc. 4.750 05-08-32   273,000 275,800
Jacobs Engineering Group, Inc. 5.900 03-01-33   388,000 401,666
Trading companies and distributors 3.3%      
AerCap Ireland Capital DAC 3.300 01-30-32   455,000 413,243
AerCap Ireland Capital DAC 3.850 10-29-41   758,000 603,963
AerCap Ireland Capital DAC (6.500% to 1-31-31, then 5 Year CMT + 2.441%) 6.500 01-31-56   431,000 431,444
Air Lease Corp. 5.200 07-15-31   594,000 595,270
AIR Lease Corp. Sukuk, Ltd. (A) 5.850 04-01-28   484,000 489,686
Ashtead Capital, Inc. (A) 5.500 08-11-32   1,000,000 1,014,010
Information technology 9.6%     10,290,844
Semiconductors and semiconductor equipment 2.0%      
Broadcom, Inc. (A) 3.137 11-15-35   45,000 38,231
Intel Corp. 5.600 02-21-54   699,000 641,225
Micron Technology, Inc. 5.875 02-09-33   580,000 619,978
Qorvo, Inc. (A) 3.375 04-01-31   917,000 829,409
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 40
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Information technology (continued)      
Software 4.3%      
Microsoft Corp. 2.525 06-01-50   3,211,000 $1,925,332
Microsoft Corp. 3.700 08-08-46   273,000 215,468
Oracle Corp. 4.000 11-15-47   752,000 497,669
Oracle Corp. 4.300 07-08-34   133,000 117,939
Oracle Corp. 4.450 09-26-30   502,000 483,768
Oracle Corp. 4.700 09-27-34   609,000 555,785
Oracle Corp. 5.375 09-27-54   1,037,000 802,144
Oracle Corp. 6.000 08-03-55   55,000 46,111
Technology hardware, storage and peripherals 3.3%      
Apple, Inc. 2.375 02-08-41   37,000 26,242
Apple, Inc. 2.650 05-11-50   488,000 298,594
Apple, Inc. 2.700 08-05-51   2,241,000 1,372,483
CDW LLC 5.550 08-22-34   794,000 780,279
Dell International LLC 4.850 02-01-35   518,000 501,191
Dell International LLC 8.100 07-15-36   291,000 345,902
Dell International LLC 8.350 07-15-46   156,000 193,094
Materials 0.8%     872,518
Chemicals 0.8%      
Air Products & Chemicals, Inc. 2.800 05-15-50   1,410,000 872,518
Real estate 2.7%     2,847,057
Industrial REITs 0.5%      
Trust 2401 (A) 4.869 01-15-30   515,000 495,883
Office REITs 0.3%      
Cousins Properties LP 4.875 03-01-33   294,000 283,054
Real estate management and development 1.0%      
CoStar Group, Inc. (A) 2.800 07-15-30   1,185,000 1,071,583
Specialized REITs 0.9%      
EPR Properties 4.750 11-15-30   183,000 178,606
VICI Properties LP 5.125 05-15-32   830,000 817,931
Utilities 5.8%     6,160,005
Electric utilities 4.3%      
Constellation Energy Generation LLC 5.750 03-15-54   1,794,000 1,740,332
Duke Energy Corp. 5.800 06-15-54   619,000 592,665
NRG Energy, Inc. (A) 5.407 10-15-35   81,000 79,455
NRG Energy, Inc. (A) 7.000 03-15-33   42,000 45,469
Pacific Gas & Electric Company 5.900 10-01-54   547,000 509,721
The Southern Company (6.375% to 3-15-35, then 5 Year CMT + 2.069%) 6.375 03-15-55   1,553,000 1,597,330
Independent power and renewable electricity producers 0.8%      
Vistra Operations Company LLC (A) 4.300 07-15-29   915,000 899,214
Multi-utilities 0.7%      
Dominion Energy, Inc. (7.000% to 6-1-34, then 5 Year CMT + 2.511%) 7.000 06-01-54   655,000 692,787
Sempra (6.875% to 10-1-29, then 5 Year CMT + 2.789%) 6.875 10-01-54   3,000 3,032
    
    Yield (%)   Shares Value
Short-term investments 0.5%         $551,429
(Cost $551,462)          
Short-term funds 0.5%         551,429
John Hancock Collateral Trust (C) 3.6657(D)   55,134 551,429
    
Total investments (Cost $107,768,336) 99.3%     $105,934,011
Other assets and liabilities, net 0.7%       794,416
Total net assets 100.0%         $106,728,427
    
41 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund.
^All par values are denominated in U.S. dollars unless otherwise indicated.
Security Abbreviations and Legend
CME CME Group Published Rates
CMT Constant Maturity Treasury
SOFR Secured Overnight Financing Rate
(A) This security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $19,010,297 or 17.8% of the fund’s net assets as of 3-31-26.
(B) Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(C) Investment is an affiliate of the fund, the advisor and/or subadvisor.
(D) The rate shown is the annualized seven-day yield as of 3-31-26.
The fund had the following country composition as a percentage of net assets on 3-31-26:
United States 86.5%
France 4.2%
Canada 2.0%
United Kingdom 1.9%
Ireland 1.4%
Other countries 4.0%
TOTAL 100.0%
DYNAMIC MUNICIPAL BOND ETF
As of 3-31-26
  Rate (%) Maturity date   Par value^ Value
Municipal bonds 93.3%         $39,927,424
(Cost $39,474,777)          
Alabama 8.1%         3,452,983
Baldwin County Industrial Development Authority
Novelis Corp. Project, Series B, AMT (A) 		4.625 06-01-55   100,000 100,018
Black Belt Energy Gas District
Gas Project, Series A 		5.250 05-01-56   250,000 254,523
Black Belt Energy Gas District
Gas Project, Series B 		5.000 12-01-31   265,000 281,676
Black Belt Energy Gas District
Gas Project, Series C (A) 		5.500 11-01-56   475,000 502,257
Black Belt Energy Gas District
Gas Project, Series F 		5.000 12-01-35   250,000 264,796
Black Belt Energy Gas District
Gas Project, Series G 		5.000 10-01-35   100,000 104,159
Energy Southeast, a Cooperative District
Series A 		5.000 11-01-35   250,000 260,084
Energy Southeast, a Cooperative District
Series B 		5.000 09-01-33   25,000 25,431
Hoover Industrial Development Board
United States Steel Corp. Project, AMT 		5.750 10-01-49   250,000 255,244
Southeast Energy Authority, a Cooperative District
Series B 		5.250 03-01-55   100,000 102,740
Southeast Energy Authority, a Cooperative District
Series D 		5.000 09-01-35   250,000 269,061
Southeast Energy Authority, a Cooperative District
Series E 		5.000 10-01-30   500,000 530,534
Southeast Energy Authority, a Cooperative District
Series F 		5.250 11-01-55   200,000 215,880
Water Works Board of the City of Birmingham
Water Revenue 		5.000 01-01-36   260,000 286,580
Alaska 0.5%         199,249
Northern Tobacco Securitization Corp.
Series A, Class 1 		4.000 06-01-50   245,000 199,249
Arizona 2.5%         1,088,882
Chandler Industrial Development Authority
Intel Corp. Project, AMT 		4.000 06-01-49   200,000 202,544
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 42
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Arizona (continued)          
Chandler Industrial Development Authority
Intel Corp. Project, AMT 		4.100 12-01-37   285,000 $288,246
Glendale Industrial Development Authority
Midwest University Foundation, Series A, AMT 		5.000 07-01-28   350,000 359,872
Industrial Development Authority of the City of Phoenix
Legacy Traditional Schools Project (A) 		5.000 07-01-45   250,000 238,220
California 5.4%         2,321,585
California Community Choice Financing Authority
Clean Energy Project, Series C 		5.000 12-01-55   200,000 208,515
California Community Choice Financing Authority
Clean Energy Project, Series C 		5.250 01-01-54   200,000 211,561
California Community Choice Financing Authority
Clean Energy Project, Series D 		5.000 02-01-31   500,000 529,704
California Community Choice Financing Authority
Clean Energy Project, Series F 		5.000 11-01-33   300,000 320,942
California Health Facilities Financing Authority
CommonSpirit Health, Series A 		4.000 04-01-37   175,000 175,783
California Municipal Finance Authority
LINXS APM Project, Series A, AMT (B) 		3.250 12-31-32   300,000 285,073
California Municipal Finance Authority
Westside Neighborhood School Project (A) 		5.900 06-15-44   165,000 174,650
City of Los Angeles Department of Airports
Series A, AMT 		5.000 05-15-28   145,000 151,443
City of Los Angeles Wastewater System Revenue
Series C 		5.000 06-01-43   100,000 110,905
River Islands Public Financing Authority
Community Facilities District No. 2023-1 		5.625 09-01-53   150,000 153,009
Colorado 3.4%         1,442,104
City of Longmont
Water Enterprise Revenue 		3.000 11-01-33   20,000 19,353
Colorado Educational & Cultural Facilities Authority
Kent Denver School Project 		4.000 06-01-35   250,000 258,068
Colorado Health Facilities Authority
CommonSpirit Health, Series A-1 		4.000 08-01-44   110,000 99,976
Colorado Health Facilities Authority
Series A 		5.000 05-15-39   100,000 104,388
Sand Creek Metropolitan District
Series B, GO (B) 		4.000 12-01-40   175,000 168,976
Southern Ute Indian Tribe of the Southern Ute Reservation of Colorado
Series A, GO (A) 		5.000 04-01-35   100,000 107,048
Trails at Crowfoot Metropolitan District No. 3
Series A, GO (B) 		4.000 12-01-44   200,000 183,979
Vista Ridge Metropolitan District
Series A, GO (B) 		4.000 12-01-36   500,000 500,316
Connecticut 1.2%         506,719
Connecticut State Health & Educational Facilities Authority
Fairfield University, Series V 		5.000 07-01-42   150,000 161,278
Connecticut State Health & Educational Facilities Authority
Quinnipiac University, Series O 		5.000 07-01-36   310,000 345,441
Delaware 1.2%         532,128
Delaware State Economic Development Authority
Aspira of Delaware Charter Operations, Inc. Project, Series A 		4.000 06-01-42   200,000 171,755
Delaware State Economic Development Authority
Delmarva Power & Light Company Project, Series A 		3.600 01-01-31   300,000 307,466
Delaware Transportation Authority
Transportation System Revenue 		3.000 07-01-35   55,000 52,907
District of Columbia 1.1%         479,967
District of Columbia Income Tax Revenue
Series A 		5.000 06-01-36   100,000 113,252
District of Columbia Income Tax Revenue
Series A 		5.000 06-01-44   100,000 107,435
43 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
District of Columbia (continued)          
District of Columbia Income Tax Revenue
Series A 		5.000 06-01-45   55,000 $58,627
Metropolitan Washington Airports Authority Aviation Revenue
Series A, AMT 		4.000 10-01-35   200,000 200,653
Florida 5.2%         2,211,212
Alachua County Health Facilities Authority
Oak Hammock at the University of Florida 		4.000 10-01-40   100,000 94,051
Cabot Citrus Farms
Community Development District 		5.250 03-01-29   345,000 348,056
City of Pompano Beach
John Knox Village Project 		5.000 09-01-44   100,000 99,998
County of Lee Airport Revenue
Series A-2, AMT 		5.000 10-01-56   200,000 214,354
County of Okaloosa
Air Force Enlisted Village, Inc. Project (A) 		4.375 05-15-35   100,000 100,374
Florida Development Finance Corp.
Nova Southeastern University Project, Series A 		5.000 04-01-27   530,000 539,613
Florida Local Government Finance Commission
Fleet Landing at Nocatee Project, Series B-2 (A) 		4.450 11-15-31   100,000 100,287
Jacksonville Housing Authority
Westwood Apartments 		5.000 02-01-34   200,000 216,015
Palm Beach County Health Facilities Authority
Toby and Leon Cooperman Sinai Residences 		4.000 06-01-31   200,000 198,464
St. Johns County Industrial Development Authority
Vicar’s Landing Project, Series A 		4.000 12-15-30   175,000 173,228
St. Johns County Industrial Development Authority
Vicar’s Landing Project, Series A 		4.000 12-15-50   165,000 126,772
Georgia 3.2%         1,387,632
Fulton County Residential Care Facilities for the Elderly Authority
Lenbrook Square Foundation, Inc. 		5.000 07-01-36   300,000 300,066
Fulton County Residential Care Facilities for the Elderly Authority
Lenbrook Square Foundation, Inc. 		5.000 07-01-42   100,000 100,055
Main Street Energy, Inc.
Energy Project, Series D 		5.000 12-01-33   300,000 314,299
Main Street Natural Gas, Inc.
Series A 		4.000 09-01-52   250,000 252,458
Main Street Natural Gas, Inc.
Series B 		5.000 12-01-55   250,000 262,447
Savannah Convention Center Authority
Convention Center Hotel, First Tier, Series A 		5.250 06-01-40   150,000 158,307
Hawaii 0.5%         197,453
County of Maui, GO 5.000 09-01-37   175,000 197,453
Idaho 0.6%         278,553
Idaho Housing & Finance Association
Series A 		5.000 08-15-36   250,000 278,553
Illinois 4.1%         1,753,677
Chicago Board of Education
Series A, GO 		5.875 12-01-47   250,000 252,416
Chicago O’Hare International Airport
Series E, AMT (B) 		5.000 01-01-60   200,000 196,982
Illinois Finance Authority
Music and Dance Theater Chicago (A) 		5.000 10-01-35   150,000 150,185
Sales Tax Securitization Corp.
Series A 		5.000 01-01-34   250,000 275,902
Sales Tax Securitization Corp.
Series A 		5.000 01-01-36   240,000 264,064
State of Illinois
Series C, GO (B) 		4.000 10-01-42   155,000 144,941
State of Illinois
Series C, GO 		4.000 10-01-43   120,000 108,253
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 44
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Illinois (continued)          
State of Illinois
Series C, GO (B) 		4.000 10-01-44   170,000 $155,490
State of Illinois
Series E, GO 		5.000 09-01-44   200,000 205,444
Indiana 2.2%         960,341
City of Whiting
BP Products North America, Inc., Series A, AMT 		4.400 03-01-46   250,000 260,209
Indiana Finance Authority
Ohio Valley Electric Corp. Project, Series A 		3.000 11-01-30   500,000 486,691
Indianapolis Local Public Improvement Bond Bank
Convention Center Hotel, Series E 		5.500 03-01-38   200,000 213,441
Iowa 0.1%         26,357
Iowa Finance Authority
Series A 		5.000 08-01-46   25,000 26,357
Kentucky 0.8%         341,267
Kentucky Public Energy Authority
Series A 		5.250 06-01-55   200,000 211,656
Stamford Housing Authority
Mozaic Concierge Living Project, Series A 		5.500 10-01-35   125,000 129,611
Maine 0.5%         208,560
Finance Authority of Maine
Casella Waste Systems, Inc. Project, Series R-3, AMT (A) 		5.000 08-01-35   200,000 208,560
Maryland 1.4%         587,985
City of Baltimore
City-Wide Affordable Housing Program (A) 		5.000 06-01-45   250,000 246,458
Maryland Health & Higher Educational Facilities Authority
Johns Hopkins Health System, Series A 		5.000 05-15-39   300,000 341,527
Massachusetts 1.1%         491,681
Commonwealth of Massachusetts
Series D, GO 		4.000 11-01-37   5,000 5,081
Massachusetts Development Finance Agency
Bentley University 		5.000 07-01-44   125,000 131,330
Massachusetts Development Finance Agency
Gingercare Living, Series B-1 (A) 		5.250 12-01-30   100,000 100,015
Massachusetts Development Finance Agency
Wellforce, Series C (B) 		5.000 10-01-27   225,000 232,706
Massachusetts Development Finance Agency
Worcester Polytechnic Institute 		3.125 09-01-46   30,000 22,549
Michigan 1.6%         673,963
Gerald R. Ford International Airport Authority, AMT 5.000 01-01-41   70,000 73,974
Michigan Finance Authority
McLaren Health Care, Series D 		1.200 10-15-38   300,000 286,404
Michigan State Hospital Finance Authority
Corewell Health, Series B-1 		5.000 08-15-55   100,000 109,094
Michigan Strategic Fund
I-75 Improvement Project, AMT 		5.000 12-31-32   100,000 102,780
State of Michigan Trunk Line Revenue
Trunk Line Fund Rebuilding Program, Series B 		4.000 11-15-38   100,000 101,711
Minnesota 1.0%         412,132
Minnesota Municipal Gas Agency
Gas Project, Series A 		5.000 09-01-35   400,000 412,132
Mississippi 0.2%         98,253
City of Gulfport
Memorial Hospital at Gulfport Project 		5.250 07-01-37   90,000 98,253
Missouri 0.4%         153,174
Waynesville R-VI School District
Certificates of Participation 		5.000 04-15-36   140,000 153,174
45 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Nebraska 1.2%         $509,633
Central Plains Energy Project
Series A-1 		5.000 08-01-55   250,000 264,637
County of Sarpy, GO 1.750 06-01-34   295,000 244,996
Nevada 0.4%         177,693
County of Clark
Series C, GO 		3.000 07-01-35   45,000 42,543
State of Nevada Department of Business & Industry
Brightline West Passenger Rail, Series B, AMT (A) 		12.000 01-01-65   255,000 135,150
New Hampshire 0.7%         293,449
New Hampshire Business Finance Authority
Lariat Phase 2 Project, GO (A)(C) 		6.982 12-15-32   150,000 94,739
New Hampshire Business Finance Authority
Tamarron Project, GO (A) 		5.250 12-01-35   200,000 198,710
New Jersey 1.2%         502,537
New Jersey Economic Development Authority
Repauno Port and Rail Terminal, AMT (A) 		6.375 01-01-35   100,000 103,875
New Jersey Educational Facilities Authority
Princeton University, Series A 		5.000 07-01-64   100,000 115,208
New Jersey Institute of Technology
Series A (B) 		5.000 07-01-36   250,000 283,454
New York 6.1%         2,609,631
Build NYC Resource Corp.
Senior Airport Facilities, AMT 		5.500 07-01-42   100,000 108,221
Dutchess County Local Development Corp.
Health Quest Systems, Inc. Project, Series B 		4.000 07-01-41   360,000 334,159
New York City Municipal Water Finance Authority
Fiscal 2025, Series DD 		5.000 06-15-35   150,000 171,823
New York City Municipal Water Finance Authority
Fiscal 2026, Series AA-1 		5.000 06-15-55   500,000 512,384
New York City Transitional Finance Authority Future Tax Secured Revenue
Fiscal 2025, Series D 		5.000 05-01-36   50,000 56,063
New York State Dormitory Authority
White Plains Hospital Obligated Group (B) 		5.000 10-01-38   155,000 167,412
New York Transportation Development Corp.
Delta Air Lines, Inc., Laguardia Airport Terminals C&D Redevelopment, AMT 		4.375 10-01-45   225,000 209,500
New York Transportation Development Corp.
JFK International Airport Terminal One Project, AMT 		6.000 06-30-54   195,000 201,991
Port Authority of New York & New Jersey
Series 248 		5.000 01-15-45   25,000 26,817
Troy Capital Resource Corp.
Rensselaer Polytechnic Institute, Series A 		5.000 09-01-39   250,000 259,684
Utility Debt Securitization Authority
Series TE-2 		5.000 12-15-41   500,000 561,577
North Carolina 1.4%         591,874
City of Charlotte
Series B, GO 		5.000 07-01-36   100,000 111,915
Greater Asheville Regional Airport Authority, AMT (B) 5.000 07-01-35   150,000 161,376
Raleigh Durham Airport Authority
Series A, AMT 		5.000 05-01-33   300,000 318,583
North Dakota 0.6%         249,905
City of Bismarck
Series T, GO 		2.500 05-01-26   250,000 249,905
Ohio 1.8%         774,213
City of Columbus
Series A, GO 		3.000 08-15-32   140,000 138,232
County of Hamilton
Life Enriching Communities Project 		5.500 01-01-40   200,000 213,932
Northeast Ohio Regional Sewer District 3.000 11-15-34   125,000 119,475
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 46
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Ohio (continued)          
Ohio Air Quality Development Authority
Duke Energy Corp. Project, AMT 		4.250 11-01-39   300,000 $302,574
Oklahoma 0.9%         373,783
Oklahoma Water Resources Board
State Loan Program, Series C 		5.000 10-01-44   245,000 260,465
Tulsa Municipal Airport Trust Trustees
American Airlines, Inc., AMT 		6.250 12-01-35   100,000 113,318
Oregon 0.4%         194,202
Oregon State Facilities Authority
Southern Oregon Goodwill Project, Series A 		5.000 12-01-30   185,000 194,202
Pennsylvania 4.0%         1,702,299
Allegheny County Airport Authority
Pittsburgh International Airport, Series A, AMT (B) 		5.250 01-01-44   250,000 265,230
Beaver County Industrial Development Authority
FirstEnergy Corp., Series B 		3.750 10-01-47   35,000 28,857
City of Philadelphia
Series A, GO 		5.000 08-01-39   150,000 165,423
City of Philadelphia Airport Revenue
Series B, AMT 		5.000 07-01-29   500,000 511,926
Lancaster County Hospital Authority
Brethren Village Project 		4.750 07-01-37   150,000 143,885
Lancaster Industrial Development Authority
Landis Homes Retirement Community Project 		4.000 07-01-31   100,000 99,607
Lancaster Industrial Development Authority
Landis Homes Retirement Community Project 		4.000 07-01-37   345,000 335,732
Lancaster Municipal Authority
Luthercare Project Series A 		5.000 12-01-45   45,000 45,296
Pennsylvania Higher Educational Facilities Authority
Thomas Jefferson University, Series B-1 		5.250 11-01-43   100,000 106,343
Puerto Rico 0.8%         334,935
Puerto Rico Commonwealth
CW Guarantee Bond Claims, GO (C) 		2.270 11-01-43   192,857 129,214
Puerto Rico Sales Tax Financing Corp.
Sales Tax Revenue, Series A-1 (C) 		3.157 07-01-27   214,000 205,721
Rhode Island 0.4%         188,526
Rhode Island Health and Educational Building Corp.
Town of Coventry, Series E (B) 		5.000 05-15-40   175,000 188,526
South Carolina 0.3%         111,058
South Carolina Jobs-Economic Development Authority
Charleston Southern University, Series C 		5.500 09-01-45   10,000 10,090
South Carolina Jobs-Economic Development Authority
Episcopal Home at Still Hopes, Series A 		5.000 04-01-27   100,000 100,968
South Dakota 0.2%         102,345
County of Lincoln
Augustana University Association Project 		5.250 08-01-40   100,000 102,345
Tennessee 5.1%         2,177,258
City of Knoxville, GO 3.000 05-01-35   35,000 33,188
Hamilton County & Chattanooga Sports Authority
Stadium Project, Series A 		5.750 12-01-50   200,000 218,226
Knoxville Industrial Development Board
Maplehurst Park Apartments Project (A) 		4.250 11-01-30   250,000 247,713
Metropolitan Government Nashville & Davidson County Sports Authority
Stadium Project, Series A (B) 		5.250 07-01-53   250,000 258,275
Tennessee Energy Acquisition Corp.
Gas Project, Series A 		5.000 11-01-34   500,000 533,534
Tennessee Energy Acquisition Corp.
Gas Project, Series A-1 		5.000 05-01-53   500,000 515,730
Tennessee Energy Acquisition Corp.
Series A 		5.000 12-01-35   350,000 370,592
47 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Texas 10.0%         $4,283,641
Arlington Higher Education Finance Corp.
Leadership Prep School 		4.000 06-15-49   200,000 175,661
City of Pearland
Series C, GO 		5.000 09-01-44   135,000 142,514
City of San Antonio Electric & Gas Systems Revenue
Series A 		5.000 02-01-44   200,000 205,068
Dallas Fort Worth International Airport
Series A-2, AMT 		5.000 11-01-50   200,000 216,057
Dallas Independent School District
Series A-6, GO 		5.000 02-15-55   250,000 271,863
El Paso County Hospital District, GO (B) 5.000 02-15-40   100,000 107,804
Harris County Municipal Utility District No. 24, GO (B) 3.000 03-01-32   100,000 98,452
Harris County Municipal Utility District No. 24, GO (B) 3.000 03-01-34   100,000 96,798
Harris County Municipal Utility District No. 489
Series A, GO (B) 		3.000 09-01-35   100,000 93,503
Lake Houston Redevelopment Authority
Reinvestment Zone No. 10 		3.000 09-01-44   125,000 91,332
Las Varas Public Facility Corp.
Central at Commerce, Series A 		3.350 11-01-44   300,000 295,308
New Hope Cultural Education Facilities Finance Corp.
Sanctuary LTC Project, Series A-1 		5.000 01-01-32   100,000 101,874
North East Texas Regional Mobility Authority
Series B 		5.000 01-01-39   400,000 427,471
Port of Beaumont Navigation District
Jefferson Gulf Coast Energy, AMT (A) 		3.625 01-01-35   140,000 125,852
Prosper Independent School District, GO 5.000 02-15-36   245,000 273,372
Sheldon Texas Independent School District
Series A, GO 		3.000 02-15-36   160,000 145,978
Texas Municipal Gas Acquisition & Supply Corp. IV
Series A 		5.500 01-01-54   305,000 321,961
Texas Municipal Gas Acquisition & Supply Corp. VI
Gas Supply Revenue 		5.000 01-01-36   455,000 483,108
Texas Private Activity Bond Surface Transportation Corp.
Bond Surface Transportation Corp., AMT 		5.500 06-30-43   250,000 260,437
Texas Water Development Board
Master Trust 		4.000 10-15-39   250,000 252,474
Texas Water Development Board
Master Trust, Series A 		4.000 10-15-43   100,000 96,754
Utah 3.0%         1,298,206
Mida Mountain Village Public Infrastructure District
Series 2 (0.000% to 6-1-31, then 5.750% thereafter) (A) 		0.000 06-01-43   250,000 189,557
Salt Lake City Airport Revenue
Series A, AMT 		5.000 07-01-31   475,000 492,968
Salt Lake City Airport Revenue
Series A, AMT 		5.250 07-01-36   180,000 198,417
State of Utah, GO 3.000 07-01-34   25,000 24,365
University of Utah
Series A 		4.000 08-01-42   300,000 290,603
Utah Infrastructure Agency
Telecommunication Revenue 		5.000 10-15-27   100,000 102,296
Vermont 0.4%         152,977
Vermont Economic Development Authority
Casella Waste Systems, Inc. Project, Series A-2, AMT (A) 		4.375 06-01-52   150,000 152,977
Virginia 1.3%         564,409
County of Arlington, GO 5.000 06-15-36   85,000 93,656
Isle Wight County Industrial Development Authority
Riverside Health System (B) 		5.250 07-01-43   250,000 269,453
Virginia Beach Development Authority
Westminster-Cantebury on Chesapeake Bay, Series B-1 		6.250 09-01-30   200,000 201,300
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 48
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Washington 3.1%         $1,341,962
King County Public Hospital District No. 4
Snoqualmie Valley Health, Series A 		5.500 12-01-35   100,000 98,191
Metropolitan Washington Airports Authority Aviation Revenue
Series A, AMT 		5.000 10-01-30   200,000 215,649
Port of Seattle
Series C, AMT 		5.000 08-01-29   550,000 584,750
State of Washington
Series B, GO 		5.000 06-01-47   160,000 166,338
Washington State Housing Finance Commission
Bayview Manor II Project, Series B-2 (A) 		4.200 07-01-29   130,000 130,036
Washington State Housing Finance Commission
Horizon House Project, Series B-1 		5.000 01-01-35   150,000 146,998
West Virginia 0.6%         263,244
County of Ohio Special District Excise Tax Revenue
Fort Henry Opportunity Development (B) 		5.250 06-01-45   250,000 263,244
Wisconsin 3.1%         1,323,787
County of Milwaukee Airport Revenue
Series A, AMT 		5.000 12-01-38   245,000 262,922
Public Finance Authority
A Challenge Foundation Academy (A) 		6.875 07-01-53   200,000 202,454
Public Finance Authority
Campus Real Estate Holding Corp. LLC Project, Series A 		5.000 06-01-35   100,000 104,972
Public Finance Authority
Driftwood Golf and Ranch Club Project, GO (A)(C) 		6.502 12-15-39   165,000 68,701
Public Finance Authority
Kawa Fund, Ltd., Class A, Series 1 		3.625 06-15-63   250,000 248,260
Public Finance Authority
KSU Bixby Real Estate Foundation LLC Project, Series A 		5.000 06-15-35   150,000 160,301
Public Finance Authority
Viticus Group Project, Series A (A) 		4.000 12-01-41   100,000 87,022
Wisconsin Health & Educational Facilities Authority
Cedar Crest, Inc. Project, Series A 		5.125 04-01-57   100,000 84,061
Wisconsin Health & Educational Facilities Authority
Chiara Housing and Services, Inc. Project 		5.625 07-01-35   100,000 105,094
    
    Yield (%)   Shares Value
Short-term investments 2.6%       $1,114,292
(Cost $1,114,331)          
Short-term funds 2.6%          
John Hancock Collateral Trust (D)   3.6657(E)   111,410 1,114,292
Total investments (Cost $40,589,108) 95.9%     $41,041,716
Other assets and liabilities, net 4.1%         1,758,843
Total net assets 100.0%         $42,800,559
    
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund.
^All par values are denominated in U.S. dollars unless otherwise indicated.
Security Abbreviations and Legend
AMT Interest earned from these securities may be considered a tax preference item for purpose of the Federal Alternative Minimum Tax.
GO General Obligation
(A) This security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration.
(B) Bond is insured by one or more of the companies listed in the insurance coverage table below.
(C) Zero coupon bonds are issued at a discount from their principal amount in lieu of paying interest periodically. Rate shown is the effective yield at period end.
(D) Investment is an affiliate of the fund, the advisor and/or subadvisor.
(E) The rate shown is the annualized seven-day yield as of 3-31-26.
    
Insurance Coverage As a % of total
investments
Assured Guaranty Corp. 6.2
Build America Mutual Assurance Company 3.8
TOTAL 10.0
49 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
The fund had the following portfolio composition as a percentage of net assets on 3-31-26:
General obligation bonds 12.1%
Revenue bonds 81.2%
Other revenue 26.0%
Health care 13.0%
Airport 11.0%
Education 8.7%
Development 7.7%
Water and sewer 4.5%
Housing 3.7%
Utilities 2.5%
Transportation 2.1%
Pollution 1.1%
Tobacco 0.5%
Facilities 0.4%
Short-term investments and other 6.7%
TOTAL 100.0%
HIGH YIELD ETF
As of 3-31-26
  Rate (%) Maturity date   Par value^ Value
Corporate bonds 95.6%     $69,388,358
(Cost $70,474,062)          
Communication services 12.9%     9,396,503
Diversified telecommunication services 2.4%      
APLD ComputeCo LLC (A) 9.250 12-15-30   68,000 70,062
Black Pearl Compute LLC (A) 6.125 02-15-31   47,000 47,836
Cincinnati Bell Telephone Company LLC 6.300 12-01-28   222,000 224,220
Cipher Compute LLC (A) 7.125 11-15-30   86,000 89,098
Cogent Communications Group LLC (A)(B) 6.500 07-01-32   145,000 126,409
Cogent Communications Group LLC (A) 7.000 06-15-27   92,000 90,610
Connect Holding II LLC (A) 10.500 04-03-31   63,000 62,617
Embarq LLC 7.995 06-01-36   149,000 47,036
Fibercop SpA (A) 7.721 06-04-38   460,000 461,111
Level 3 Financing, Inc. (A) 3.625 01-15-29   52,000 48,750
Level 3 Financing, Inc. (A) 6.875 06-30-33   66,000 67,209
Lumen Technologies, Inc. (A) 4.500 01-15-29   131,000 122,929
Windstream Services LLC (A) 8.250 10-01-31   183,000 191,264
Zayo Group Holdings, Inc. (5.750% Cash and 0.500% PIK) (A) 6.250 03-09-30   85,898 85,395
Zayo Group Holdings, Inc. (7.125% Cash and 1.875% PIK) (A) 9.000 09-09-30   30,605 28,584
Entertainment 1.7%      
AMC Entertainment Holdings, Inc. (A) 7.500 02-15-29   127,000 90,359
Cinemark USA, Inc. (A) 5.250 07-15-28   65,000 64,444
Discovery Global Holdings, Inc. 4.279 03-15-32   148,000 119,594
Discovery Global Holdings, Inc. 4.279 03-15-32   253,000 223,905
Discovery Global Holdings, Inc. 5.050 03-15-42   253,000 166,678
Discovery Global Holdings, Inc. 5.141 03-15-52   45,000 27,338
Muvico LLC (9.000% Cash and 6.000% PIK) (A) 15.000 02-19-29   168,055 159,330
Roblox Corp. (A) 3.875 05-01-30   91,000 85,520
Univision Communications, Inc. (A) 7.375 06-30-30   105,000 102,892
Univision Communications, Inc. (A) 8.500 07-31-31   219,000 220,069
Interactive media and services 0.3%      
Match Group Holdings II LLC (A) 4.125 08-01-30   237,000 219,635
Media 7.4%      
Altice France Lux 3 (A) 10.000 01-15-33   231,000 209,939
Altice France SA (A) 6.500 10-15-31   273,000 258,903
Altice France SA (A) 6.875 10-15-30   31,930 30,544
AMC Networks, Inc. (A) 10.500 07-15-32   65,000 64,150
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 50
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Communication services (continued)      
Media (continued)      
CCO Holdings LLC 4.500 05-01-32   164,000 $146,496
CCO Holdings LLC (A) 5.375 06-01-29   144,000 142,020
CCO Holdings LLC (A) 7.000 02-01-33   139,000 139,383
CCO Holdings LLC (A)(B) 7.375 03-01-31   480,000 488,627
Clear Channel Outdoor Holdings, Inc. (A) 7.125 02-15-31   101,000 105,817
CMG Media Corp. (A) 8.875 06-18-29   65,000 56,203
CSC Holdings LLC (A) 11.250 05-15-28   765,000 625,115
DIRECTV Financing LLC (A) 5.875 08-15-27   120,000 119,874
DIRECTV Financing LLC (A) 8.875 02-01-30   213,000 212,526
DIRECTV Financing LLC (A) 10.000 02-15-31   106,000 108,208
DISH DBS Corp. (A) 5.250 12-01-26   448,000 444,158
DISH DBS Corp. 7.375 07-01-28   158,000 153,316
Getty Images, Inc. (A)(B) 11.250 02-21-30   57,000 51,334
Getty Images, Inc. (A) 14.000 03-01-28   30,000 28,426
Gray Media, Inc. (A) 5.375 11-15-31   95,000 70,461
Gray Media, Inc. (A) 7.250 08-15-33   107,000 107,821
Gray Media, Inc. (A) 9.625 07-15-32   67,000 66,996
iHeartCommunications, Inc. (A)(B) 9.125 05-01-29   85,571 77,707
iHeartCommunications, Inc. (A) 10.875 05-01-30   59,000 37,808
Lamar Media Corp. 3.750 02-15-28   144,000 140,057
Light & Wonder International, Inc. (A) 7.500 09-01-31   88,000 90,314
Midcontinent Communications (A) 8.000 08-15-32   36,000 33,529
Neptune Bidco US, Inc. (A) 9.290 04-15-29   221,000 221,614
Nexstar Media, Inc. (A) 6.500 09-15-33   118,000 118,899
Nexstar Media, Inc. (A) 7.250 04-15-34   23,000 23,068
Paramount Global 4.950 01-15-31   118,000 109,305
Paramount Global 5.850 09-01-43   71,000 49,293
Paramount Global (6.250% to 2-28-27, then 3 month LIBOR + 3.899%) 6.250 02-28-57   46,000 30,820
Paramount Global (6.375% to 3-30-27, then 5 Year CMT + 3.999% to 3-30-32, then 5 Year CMT + 4.249% to 3-30-47, then 5 Year CMT + 4.999%) 6.375 03-30-62   67,000 48,910
Paramount Global 6.875 04-30-36   82,000 71,928
Radiate Holdco LLC (6.000% Cash and 3.250% PIK) (A) 9.250 03-25-30   78,000 59,474
Scripps Escrow II, Inc. (A) 5.375 01-15-31   42,000 30,786
Sinclair Television Group, Inc. (A) 5.500 03-01-30   24,000 20,760
Sinclair Television Group, Inc. (A) 8.125 02-15-33   67,000 68,110
Sirius XM Radio LLC (A) 4.125 07-01-30   398,000 372,658
The EW Scripps Company (A) 9.875 08-15-30   51,000 49,509
Versant Media Group, Inc. (A) 7.250 01-30-31   68,000 69,591
Wireless telecommunication services 1.1%      
Rogers Communications, Inc. (7.125% to 4-15-35, then 5 Year CMT + 2.620%) 7.125 04-15-55   132,000 135,074
Vmed O2 UK Financing I PLC (A) 7.750 04-15-32   499,000 478,314
Vodafone Group PLC (5.125% to 6-4-51, then 5 Year CMT + 3.073% to 6-4-71, then 5 Year CMT + 3.823%) 5.125 06-04-81   239,000 185,764
Consumer discretionary 15.2%     11,038,267
Automobile components 1.9%      
Adient Global Holdings, Ltd. (A)(B) 7.500 02-15-33   68,000 68,748
American Axle & Manufacturing, Inc. 5.000 10-01-29   131,000 124,967
American Axle & Manufacturing, Inc. (A) 6.375 10-15-32   84,000 83,138
Aptiv Swiss Holdings, Ltd. (6.875% to 12-15-29, then 5 Year CMT + 3.385%) 6.875 12-15-54   298,000 300,777
Clarios Global LP (A) 6.750 09-15-32   43,000 43,344
Dornoch Debt Merger Sub, Inc. (A)(B) 6.625 10-15-29   47,000 41,775
Garrett Motion Holdings, Inc. (A) 7.750 05-31-32   34,000 35,204
Phinia, Inc. (A) 6.625 10-15-32   55,000 55,902
Real Hero Merger Sub 2, Inc. (A) 6.250 02-01-29   39,000 15,600
Tenneco, Inc. (A) 8.000 11-17-28   231,000 230,178
51 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Consumer discretionary (continued)      
Automobile components (continued)      
The Goodyear Tire & Rubber Company 5.250 07-15-31   89,000 $79,606
ZF North America Capital, Inc. (A) 6.750 04-23-30   290,000 280,541
Automobiles 0.9%      
Nissan Motor Acceptance Company LLC (A) 5.550 09-13-29   249,000 240,021
Nissan Motor Company, Ltd. (A) 7.500 07-17-30   360,000 362,753
PM General Purchaser LLC (A) 9.500 10-01-28   45,000 42,638
Broadline retail 0.9%      
Kohl’s Corp. 5.125 05-01-31   16,000 12,042
Kohl’s Corp. (A) 10.000 06-01-30   20,000 21,148
Macy’s Retail Holdings LLC 4.300 02-15-43   58,000 38,859
Macy’s Retail Holdings LLC (A) 6.700 07-15-34   106,000 99,801
Rakuten Group, Inc. (6.250% to 4-22-31, then 5 Year CMT + 4.956% to 4-22-51, then 5 Year CMT + 5.706%) (A)(B)(C) 6.250 04-22-31   475,000 437,596
Wand NewCo 3, Inc. (A) 7.625 01-30-32   68,000 69,530
Diversified consumer services 0.4%      
Graham Holdings Company (A) 5.625 12-01-33   36,000 35,267
StoneMor, Inc. (A) 8.500 05-15-29   41,000 39,983
The ADT Security Corp. (A) 5.875 10-15-33   249,000 241,159
Hotels, restaurants and leisure 6.0%      
Bloomin’ Brands, Inc. (A) 5.125 04-15-29   24,000 21,259
Caesars Entertainment, Inc. (A)(B) 6.000 10-15-32   32,000 29,440
Caesars Entertainment, Inc. (A) 7.000 02-15-30   173,000 175,137
Carnival Corp. (A) 5.750 08-01-32   237,000 236,923
Carnival Corp. (A) 6.125 02-15-33   104,000 105,043
Churchill Downs, Inc. (A) 5.750 04-01-30   75,000 74,172
Fertitta Entertainment LLC (A) 4.625 01-15-29   112,000 107,041
Fertitta Entertainment LLC (A)(B) 6.750 01-15-30   106,000 99,010
Hilton Domestic Operating Company, Inc. (A) 3.750 05-01-29   178,000 170,390
Hilton Domestic Operating Company, Inc. (A) 6.125 04-01-32   318,000 322,771
Jacobs Entertainment, Inc. (A) 6.750 02-15-29   110,000 102,850
Life Time, Inc. (A) 6.000 11-15-31   33,000 33,261
Lindblad Expeditions LLC (A) 7.000 09-15-30   65,000 66,364
Marriott Ownership Resorts, Inc. (A) 6.500 10-01-33   88,000 83,674
MGM Resorts International 6.125 09-15-29   108,000 108,640
MGM Resorts International 6.500 04-15-32   55,000 55,454
Midwest Gaming Borrower LLC (A) 4.875 05-01-29   70,000 67,887
Motion Bondco DAC (A) 6.625 11-15-27   200,000 191,444
NCL Corp., Ltd. (A) 6.250 09-15-33   70,000 67,924
NCL Corp., Ltd. (A) 6.750 02-01-32   275,000 272,913
New Red Finance, Inc. (A) 4.000 10-15-30   198,000 186,105
New Red Finance, Inc. (A) 5.625 09-15-29   169,000 169,368
New Red Finance, Inc. (A) 6.125 06-15-29   95,000 96,536
Penn Entertainment, Inc. (A) 6.750 04-01-31   23,000 22,338
Rivers Enterprise Borrower LLC (A) 6.625 02-01-33   33,000 32,752
Sabre Financial Borrower LLC (A) 11.125 06-15-29   81,000 82,889
Sabre GLBL, Inc. (A) 11.125 07-15-30   98,000 83,178
Six Flags Entertainment Corp. 5.250 07-15-29   113,000 108,087
Six Flags Entertainment Corp. 6.500 10-01-28   76,000 75,877
Station Casinos LLC (A) 6.625 03-15-32   166,000 166,644
Travel + Leisure Company (A) 4.625 03-01-30   145,000 138,343
Travel + Leisure Company (A) 6.125 09-01-33   229,000 226,023
Viking Ocean Cruises Ship VII, Ltd. (A) 5.625 02-15-29   106,000 105,840
Voyager Parent LLC (A) 9.250 07-01-32   66,000 68,522
Wynn Resorts Finance LLC (A) 7.125 02-15-31   126,000 132,079
Yum! Brands, Inc. 3.625 03-15-31   168,000 155,194
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 52
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Consumer discretionary (continued)      
Hotels, restaurants and leisure (continued)      
Yum! Brands, Inc. (A) 4.750 01-15-30   125,000 $122,915
Household durables 2.1%      
Ashton Woods USA LLC (A) 4.625 04-01-30   118,000 109,519
Brookfield Residential Properties, Inc. (A) 4.875 02-15-30   175,000 160,673
Century Communities, Inc. (A) 6.625 09-15-33   71,000 69,555
Dream Finders Homes, Inc. (A) 8.250 08-15-28   34,000 34,547
Empire Communities Corp. (A) 9.750 05-01-29   82,000 82,336
K Hovnanian Enterprises, Inc. (A) 8.375 10-01-33   92,000 90,978
KB Home 4.000 06-15-31   75,000 69,148
KB Home 7.250 07-15-30   71,000 72,321
LGI Homes, Inc. (A) 4.000 07-15-29   30,000 26,720
Mattamy Group Corp. (A) 6.000 12-15-33   208,000 195,323
Newell Brands, Inc. 7.500 04-01-46   214,000 171,715
Newell Brands, Inc. (A) 8.500 06-01-28   72,000 74,318
Risewell Homes, Inc. (A) 8.500 11-01-30   81,000 79,204
Taylor Morrison Communities, Inc. (A) 5.125 08-01-30   70,000 69,199
TopBuild Corp. (A) 5.625 01-31-34   105,000 102,771
Whirlpool Corp. (B) 6.125 06-15-30   69,000 67,370
Whirlpool Corp. 6.500 06-15-33   50,000 47,371
Leisure products 0.0%      
MajorDrive Holdings IV LLC (A)(B) 6.375 06-01-29   24,000 17,752
Specialty retail 2.7%      
Advance Auto Parts, Inc. (A) 7.375 08-01-33   111,000 112,421
Asbury Automotive Group, Inc. (A) 5.000 02-15-32   142,000 134,476
Bath & Body Works, Inc. (A) 6.625 10-01-30   80,000 80,754
Bath & Body Works, Inc. 6.875 11-01-35   82,000 80,661
Carvana Company (9.000% Cash or 14.000% PIK) (A) 9.000 06-01-31   129,000 139,488
Champions Financing, Inc. (A) 8.750 02-15-29   30,000 26,905
Cougar JV Subsidiary LLC (A) 8.000 05-15-32   44,000 45,498
Lithia Motors, Inc. (A) 5.500 10-01-30   106,000 103,873
Mavis Tire Express Services Topco Corp. (A)(B) 6.500 05-15-29   40,000 39,687
PetSmart LLC (A) 7.500 09-15-32   300,000 301,461
Sally Holdings LLC 6.750 04-01-32   33,000 33,781
Sonic Automotive, Inc. (A) 4.875 11-15-31   59,000 55,922
Staples, Inc. (A) 10.750 09-01-29   280,000 258,949
Staples, Inc. (A) 12.750 01-15-30   52,000 35,144
The Michaels Companies, Inc. (A) 11.000 03-15-34   528,000 491,675
Velocity Vehicle Group LLC (A) 8.000 06-01-29   21,000 19,617
Textiles, apparel and luxury goods 0.3%      
VF Corp. 2.950 04-23-30   154,000 137,175
VF Corp. 6.450 11-01-37   37,000 35,096
Consumer staples 2.9%     2,098,554
Beverages 0.1%      
Primo Water Holdings, Inc. (A) 6.250 04-01-29   64,000 64,104
Consumer staples distribution and retail 1.1%      
Albertsons Companies, Inc. (A) 5.625 03-31-32   276,000 271,726
Albertsons Companies, Inc. (A) 5.750 03-31-34   122,000 119,358
Arko Corp. (A) 5.125 11-15-29   31,000 27,505
C&S Group Enterprises LLC (A) 5.000 12-15-28   18,000 16,739
Performance Food Group, Inc. (A) 4.250 08-01-29   141,000 135,440
Performance Food Group, Inc. (A) 5.625 03-01-34   59,000 56,905
U.S. Foods, Inc. (A) 4.625 06-01-30   198,000 192,792
Food products 1.2%      
B&G Foods, Inc. (A) 8.000 09-15-28   73,000 71,884
53 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Consumer staples (continued)      
Food products (continued)      
Fiesta Purchaser, Inc. (A) 7.875 03-01-31   27,000 $27,488
Fiesta Purchaser, Inc. (A) 9.625 09-15-32   32,000 32,591
Lamb Weston Holdings, Inc. (A) 4.125 01-31-30   131,000 124,718
Lamb Weston Holdings, Inc. (A) 4.375 01-31-32   75,000 69,671
Post Holdings, Inc. (A) 6.375 03-01-33   493,000 485,675
Viking Baked Goods Acquisition Corp. (A) 8.625 11-01-31   79,000 78,172
Household products 0.2%      
Central Garden & Pet Company 4.125 10-15-30   37,000 34,810
Energizer Holdings, Inc. (A)(B) 6.000 09-15-33   73,000 68,367
Personal care products 0.3%      
BellRing Brands, Inc. (A) 7.000 03-15-30   40,000 40,010
HLF Financing Sarl LLC (A) 4.875 06-01-29   193,000 180,599
Energy 10.7%     7,762,578
Energy equipment and services 1.0%      
Archrock Services LP (A) 6.000 02-01-34   68,000 67,324
Nabors Industries, Inc. (A) 7.625 11-15-32   135,000 138,192
Nabors Industries, Inc. (A)(B) 8.875 08-15-31   41,000 42,713
Noble Finance II LLC (A) 8.000 04-15-30   74,000 76,189
SESI LLC (A) 7.875 09-30-30   184,000 187,627
WBI Operating LLC (A) 6.500 10-15-33   170,000 168,701
Weatherford International, Ltd. (A) 6.750 10-15-33   62,000 63,350
Oil, gas and consumable fuels 9.7%      
BlueNord ASA (12.000% to 1-10-30, then 17.000% thereafter) 12.000 07-10-85   200,000 212,506
Buckeye Partners LP (A) 4.500 03-01-28   182,000 178,992
CITGO Petroleum Corp. (A) 8.375 01-15-29   281,000 290,184
Comstock Resources, Inc. (A) 6.750 03-01-29   142,000 140,317
Crescent Energy Finance LLC (A) 7.375 01-15-33   226,000 225,943
Crescent Energy Finance LLC 9.750 10-15-30   55,000 56,640
CVR Energy, Inc. (A) 7.500 02-15-31   127,000 127,948
Delek Logistics Partners LP (A) 8.625 03-15-29   171,000 176,945
Energy Transfer LP (6.750% to 2-15-36, then 5 Year CMT + 2.475%) 6.750 02-15-56   577,000 573,853
Genesis Energy LP 6.750 03-15-34   117,000 116,447
Harvest Midstream I LP (A) 7.500 09-01-28   145,000 146,407
Hilcorp Energy I LP (A) 6.000 04-15-30   218,000 212,193
Hilcorp Energy I LP (A) 8.375 11-01-33   143,000 149,196
Ithaca Energy North Sea PLC (A) 8.125 10-15-29   200,000 205,079
ITT Holdings LLC (A) 6.500 08-01-29   42,000 40,838
Kinetik Holdings LP (A) 6.625 12-15-28   55,000 55,931
Moss Creek Resources Holdings, Inc. (A) 8.250 09-01-31   42,000 41,974
NGL Energy Operating LLC (A) 8.375 02-15-32   89,000 91,718
Northern Oil & Gas, Inc. (A) 8.750 06-15-31   102,000 106,064
Northriver Midstream Finance LP (A) 6.750 07-15-32   113,000 113,333
Permian Resources Operating LLC (A) 7.000 01-15-32   273,000 282,690
Prairie Acquiror LP (A) 9.000 08-01-29   115,000 118,793
Rockies Express Pipeline LLC (A) 7.500 07-15-38   163,000 170,108
SM Energy Company (A) 6.750 08-01-29   78,000 79,181
SM Energy Company (A) 8.625 11-01-30   101,000 106,564
SM Energy Company (A) 9.625 06-15-33   191,000 211,002
Summit Midstream Holdings LLC (A) 8.625 10-31-29   82,000 84,334
Sunoco LP (A) 5.625 03-15-31   248,000 246,863
Sunoco LP (A) 5.625 07-15-34   35,000 34,465
Sunoco LP (A) 6.625 08-15-32   139,000 141,178
Tallgrass Energy Partners LP (A) 6.750 03-15-34   177,000 177,886
TGNR Intermediate Holdings LLC (A) 5.500 10-15-29   183,000 178,929
Transocean Aquila, Ltd. (A) 8.000 09-30-28   344,000 352,071
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 54
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Energy (continued)      
Oil, gas and consumable fuels (continued)      
Venture Global Calcasieu Pass LLC (A) 6.250 01-15-30   251,000 $256,728
Venture Global LNG, Inc. (A) 7.000 01-15-30   113,000 115,379
Venture Global LNG, Inc. (9.000% to 9-30-29, then 5 Year CMT + 5.440%) (A)(B)(C) 9.000 09-30-29   76,000 75,700
Venture Global LNG, Inc. (A)(B) 9.875 02-01-32   769,000 825,900
Venture Global Plaquemines LNG LLC (A) 6.125 12-15-30   72,000 74,047
Venture Global Plaquemines LNG LLC (A) 7.750 05-01-35   200,000 224,156
Financials 12.3%     8,891,979
Banks 0.5%      
Citigroup, Inc. (6.875% to 8-15-30, then 5 Year CMT + 2.890%) (C) 6.875 08-15-30   263,000 264,856
Park River Holdings, Inc. (A) 8.750 12-31-30   112,541 103,654
Capital markets 1.6%      
Coinbase Global, Inc. (A) 3.625 10-01-31   87,000 73,528
Focus Financial Partners LLC (A) 6.750 09-15-31   272,000 270,136
Hightower Holding LLC (A) 6.750 04-15-29   153,000 149,580
Hightower Holding LLC (A) 9.125 01-31-30   34,000 34,670
Jane Street Group (A) 7.125 04-30-31   447,000 459,496
Jefferies Finance LLC (A) 5.000 08-15-28   200,000 186,372
Consumer finance 1.9%      
Bread Financial Holdings, Inc. (8.375% to 6-15-30, then 5 Year CMT + 4.300%) (A) 8.375 06-15-35   75,000 75,830
Credit Acceptance Corp. (A) 6.625 03-15-30   152,000 148,451
goeasy, Ltd. (A) 9.250 12-01-28   261,000 242,759
OneMain Finance Corp. 4.000 09-15-30   91,000 82,181
OneMain Finance Corp. 5.375 11-15-29   91,000 87,752
OneMain Finance Corp. 6.750 09-15-33   433,000 415,183
OneMain Finance Corp. 7.500 05-15-31   95,000 95,507
PRA Group, Inc. (A) 5.000 10-01-29   152,000 140,319
Synchrony Financial 7.250 02-02-33   39,000 39,834
Financial services 3.7%      
Apollo Debt Solutions BDC (A) 5.700 01-23-31   120,000 117,063
Azorra Finance, Ltd. (A) 6.250 02-15-34   86,000 79,816
Cobra AcquisitionCo LLC (A) 12.250 11-01-29   12,000 12,175
Freedom Mortgage Corp. (A) 12.250 10-01-30   356,000 384,114
Freedom Mortgage Holdings LLC (A) 6.875 05-01-31   87,000 81,337
Freedom Mortgage Holdings LLC (A) 8.375 04-01-32   89,000 87,549
Icahn Enterprises LP 5.250 05-15-27   126,000 123,468
Icahn Enterprises LP 9.000 06-15-30   88,000 82,527
ION Platform Finance US, Inc. (A) 5.750 05-15-28   287,000 272,321
Midcap Financial Issuer Trust (A) 6.500 05-01-28   350,000 339,634
Mobius Merger Sub, Inc. (A) 9.000 06-01-30   36,000 25,383
Osaic Holdings, Inc. (A) 6.750 08-01-32   69,000 69,009
Osaic Holdings, Inc. (A) 8.000 08-01-33   47,000 46,399
PennyMac Financial Services, Inc. (A) 5.750 09-15-31   137,000 126,756
Prospect Capital Corp. 3.364 11-15-26   36,000 34,985
Rocket Companies, Inc. (A) 6.125 08-01-30   371,000 374,423
Rocket Mortgage LLC (A) 3.875 03-01-31   112,000 103,351
Shift4 Payments LLC (A) 6.750 08-15-32   351,000 345,154
Insurance 3.4%      
Acrisure LLC (A) 6.000 08-01-29   77,000 72,303
Acrisure LLC (A) 7.500 11-06-30   538,000 539,648
Acrisure LLC (A) 8.500 06-15-29   73,000 72,308
Alliant Holdings Intermediate LLC (A) 7.000 01-15-31   250,000 252,128
Alliant Holdings Intermediate LLC (A) 7.375 10-01-32   214,000 211,957
AmWINS Group, Inc. (A) 4.875 06-30-29   179,000 171,475
Assurant, Inc. (7.000% to 3-27-28, then 3 month LIBOR + 4.135%) 7.000 03-27-48   33,000 33,204
55 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Financials (continued)      
Insurance (continued)      
Asurion LLC (A) 8.000 12-31-32   210,000 $217,864
Asurion LLC (A) 8.375 02-01-34   260,000 252,424
Augustar Life Insurance Company (A) 6.875 06-15-42   267,000 251,877
HUB International, Ltd. (A) 7.250 06-15-30   170,000 174,149
Liberty Mutual Group, Inc. (A) 4.300 02-01-61   83,000 51,732
SBL Holdings, Inc. (6.500% to 11-13-26, then 5 Year CMT + 5.620%) (A)(C) 6.500 11-13-26   209,000 172,613
Mortgage real estate investment trusts 1.2%      
Arbor Realty SR, Inc. (A) 7.875 07-15-30   192,000 177,548
Arbor Realty Trust, Inc. (A) 4.500 03-15-27   74,000 70,418
Ladder Capital Finance Holdings LLLP (A) 4.750 06-15-29   145,000 140,544
Rithm Capital Corp. (A) 8.000 07-15-30   148,000 142,847
Starwood Property Trust, Inc. (A) 5.750 01-15-31   210,000 207,375
Starwood Property Trust, Inc. (A) 7.250 04-01-29   101,000 103,993
Health care 8.5%     6,149,242
Biotechnology 1.0%      
BioMarin Pharmaceutical, Inc. (A) 5.500 02-15-34   400,000 393,823
National Mentor Holdings, Inc. (A) 10.500 12-15-30   124,000 127,990
Star Parent, Inc. (A) 9.000 10-01-30   175,000 181,300
Health care equipment and supplies 0.6%      
Bausch + Lomb Corp. (A) 8.375 10-01-28   68,000 70,210
Embecta Corp. (A)(B) 5.000 02-15-30   68,000 62,900
Medline Borrower LP (A) 5.250 10-01-29   191,000 189,318
Medline Borrower LP (A) 6.250 04-01-29   106,000 108,012
Sotera Health Holdings LLC (A) 7.375 06-01-31   39,000 40,286
Health care providers and services 4.8%      
Acadia Healthcare Company, Inc. (A) 5.500 07-01-28   48,000 47,642
Accendra Health, Inc. (A) 6.625 04-01-30   42,000 19,973
AdaptHealth LLC (A) 5.125 03-01-30   144,000 137,970
AMN Healthcare, Inc. (A) 4.000 04-15-29   37,000 34,860
AMN Healthcare, Inc. (A) 6.500 01-15-31   56,000 54,884
AthenaHealth Group, Inc. (A) 6.500 02-15-30   158,000 148,303
Community Health Systems, Inc. (A) 5.250 05-15-30   87,000 81,996
Community Health Systems, Inc. (A) 6.875 04-15-29   183,000 175,980
Community Health Systems, Inc. (A) 10.875 01-15-32   214,000 229,592
Concentra Health Services, Inc. (A) 6.875 07-15-32   34,000 35,151
CVS Health Corp. (6.750% to 12-10-34, then 5 Year CMT + 2.516%) 6.750 12-10-54   242,000 245,035
DaVita, Inc. (A) 3.750 02-15-31   159,000 145,795
DaVita, Inc. (A) 6.875 09-01-32   136,000 139,322
Global Medical Response, Inc. (A) 7.375 10-01-32   204,000 211,842
LifePoint Health, Inc. (A) 5.375 01-15-29   102,000 98,364
LifePoint Health, Inc. (A) 10.000 06-01-32   68,000 69,444
LifePoint Health, Inc. (A) 11.000 10-15-30   78,000 83,887
Molina Healthcare, Inc. (A) 6.500 02-15-31   42,000 41,290
MPH Acquisition Holdings LLC (A) 5.750 12-31-30   130,030 99,475
MPH Acquisition Holdings LLC (6.000% Cash and 0.750% PIK) (A) 6.750 03-31-31   114,412 76,656
MPH Acquisition Holdings LLC (6.500% Cash and 5.000% PIK) (A) 11.500 12-31-30   63,249 56,936
Prime Healthcare Services, Inc. (A) 9.375 09-01-29   109,000 113,033
Radiology Partners, Inc. (A) 8.500 07-15-32   117,000 118,623
Radiology Partners, Inc. (0.000% Cash and 9.781% PIK) (A) 9.781 02-15-30   132,328 120,851
Surgery Center Holdings, Inc. (A) 7.250 04-15-32   39,000 38,305
Team Health Holdings, Inc. (A) 8.375 06-30-28   109,000 107,426
Tenet Healthcare Corp. (A) 5.500 11-15-32   525,000 520,158
Tenet Healthcare Corp. 6.750 05-15-31   81,000 82,793
Tenet Healthcare Corp. (B) 6.875 11-15-31   165,000 175,858
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 56
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Health care (continued)      
Life sciences tools and services 0.1%      
Fortrea Holdings, Inc. (A)(B) 7.500 07-01-30   40,000 $37,908
Pharmaceuticals 2.0%      
Amneal Pharmaceuticals LLC (A) 6.875 08-01-32   67,000 68,973
Bausch Health Americas, Inc. (A)(B) 8.500 01-31-27   294,000 291,207
Bausch Health Companies, Inc. (A) 7.000 01-15-28   293,000 254,910
Bausch Health Companies, Inc. (A) 10.000 04-15-32   450,000 460,730
Bausch Health Companies, Inc. (A) 11.000 09-30-28   103,000 105,064
Organon & Company (A) 4.125 04-30-28   200,000 194,071
Perrigo Finance Unlimited Company 6.125 09-30-32   56,000 51,096
Industrials 12.4%     8,985,292
Aerospace and defense 2.6%      
Bombardier, Inc. (A) 6.750 06-15-33   437,000 451,293
Goat Holdco LLC (A) 6.750 02-01-32   158,000 158,968
Moog, Inc. (A) 5.500 10-15-34   118,000 118,371
TransDigm, Inc. (A) 6.125 07-31-34   174,000 171,136
TransDigm, Inc. (A) 6.375 05-31-33   278,000 276,518
TransDigm, Inc. (A) 7.125 12-01-31   686,000 708,059
Building products 1.4%      
Builders FirstSource, Inc. (A) 6.375 06-15-32   145,000 144,789
Builders FirstSource, Inc. (A) 6.375 03-01-34   172,000 169,801
JELD-WEN, Inc. (A) 4.875 12-15-27   337,000 228,497
LBM Acquisition LLC (A) 6.250 01-15-29   31,000 22,654
LBM Acquisition LLC (A) 9.500 06-15-31   135,000 117,510
Masterbrand, Inc. (A)(B) 7.000 07-15-32   105,000 102,589
MIWD Holdco II LLC (A) 5.500 02-01-30   103,000 88,964
Resideo Funding, Inc. (A) 6.500 07-15-32   135,000 133,012
Wilsonart LLC (A) 11.000 08-15-32   26,000 18,847
Commercial services and supplies 1.6%      
Allied Universal Holdco LLC (A) 6.000 06-01-29   419,000 404,870
APi Group DE, Inc. (A) 4.750 10-15-29   36,000 34,844
Cimpress PLC (A) 7.375 09-15-32   150,000 148,690
Clean Harbors, Inc. (A) 5.125 07-15-29   178,000 175,814
GFL Environmental, Inc. (A) 6.750 01-15-31   172,000 177,990
Prime Security Services Borrower LLC (A) 3.375 08-31-27   89,000 86,620
RR Donnelley & Sons Company (A) 9.500 08-01-29   35,000 35,427
RR Donnelley & Sons Company (A) 10.875 08-01-29   35,000 35,288
VT Topco, Inc. (A)(B) 8.500 08-15-30   68,000 69,136
Construction and engineering 0.5%      
Arcosa, Inc. (A) 6.875 08-15-32   66,000 67,626
Artera Services LLC (A)(B) 8.500 02-15-31   52,000 44,527
Brand Industrial Services, Inc. (A) 10.375 08-01-30   57,000 52,093
Brundage-Bone Concrete Pumping Holdings, Inc. (A) 7.500 02-01-32   111,000 112,161
Cornerstone Building Brands, Inc. (A)(B) 9.500 08-15-29   62,000 36,667
VM Consolidated, Inc. (A) 5.500 04-15-29   41,000 39,658
Electrical equipment 0.7%      
Atkore, Inc. (A) 4.250 06-01-31   87,000 81,595
EMRLD Borrower LP (A) 6.750 07-15-31   265,000 272,541
Sensata Technologies, Inc. (A) 3.750 02-15-31   147,000 136,345
Ground transportation 0.7%      
Avis Budget Car Rental LLC (A)(B) 8.250 01-15-30   68,000 68,404
Avis Budget Car Rental LLC (A)(B) 8.375 06-15-32   115,000 114,369
The Hertz Corp. (A) 4.625 12-01-26   179,000 161,676
The Hertz Corp. (A) 12.625 07-15-29   21,000 18,427
Watco Companies LLC (A) 7.125 08-01-32   83,000 85,242
57 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Industrials (continued)      
Ground transportation (continued)      
XPO CNW, Inc. 6.700 05-01-34   40,000 $40,989
Machinery 1.1%      
Allison Transmission, Inc. (A) 5.875 12-01-33   139,000 138,148
CompoSecure Holdings LLC (A) 5.625 02-01-33   94,000 91,833
EquipmentShare.com, Inc. (A) 8.625 05-15-32   99,000 103,332
GrafTech Global Enterprises, Inc. (A) 9.875 12-23-29   78,000 49,818
JB Poindexter & Company, Inc. (A) 8.750 12-15-31   123,000 124,669
New Flyer Holdings, Inc. (A) 9.250 07-01-30   66,000 70,543
Park-Ohio Industries, Inc. (A) 8.500 08-01-30   33,000 33,819
Terex Corp. (A) 6.250 10-15-32   69,000 69,450
The Manitowoc Company, Inc. (A) 9.250 10-01-31   92,000 96,074
Wabash National Corp. (A) 4.500 10-15-28   15,000 13,142
Marine transportation 0.4%      
Danaos Corp. (A) 6.875 10-15-32   200,000 203,222
Dcli Bidco LLC (A) 7.750 11-15-29   63,000 63,704
Passenger airlines 0.9%      
Avianca Midco 2 PLC (A) 9.625 02-14-30   500,000 467,500
JetBlue Airways Corp. (A) 9.875 09-20-31   70,000 66,154
VistaJet Malta Finance PLC (A)(B) 6.375 02-01-30   87,000 75,134
VistaJet Malta Finance PLC (A) 7.875 05-01-27   69,000 68,102
Professional services 0.4%      
Amentum Holdings, Inc. (A) 7.250 08-01-32   86,000 88,994
CACI International, Inc. (A) 6.375 06-15-33   69,000 70,237
Science Applications International Corp. (A) 5.875 11-01-33   67,000 65,384
SS&C Technologies, Inc. (A) 6.500 06-01-32   58,000 58,002
TriNet Group, Inc. (A) 3.500 03-01-29   27,000 24,475
Trading companies and distributors 2.1%      
Alta Equipment Group, Inc. (A)(B) 9.000 06-01-29   22,000 19,497
BlueLinx Holdings, Inc. (A) 6.000 11-15-29   92,000 89,230
FTAI Aviation Investors LLC (A) 7.875 12-01-30   174,000 181,690
Global Aircraft Leasing Company, Ltd. (A) 8.750 09-01-27   33,000 33,480
Herc Holdings, Inc. (A) 7.250 06-15-33   551,000 564,633
QXO Building Products, Inc. (A) 6.750 04-30-32   96,000 97,919
United Rentals North America, Inc. 4.000 07-15-30   270,000 256,465
WESCO Distribution, Inc. (A) 6.625 03-15-32   282,000 288,635
Information technology 5.4%     3,958,072
Communications equipment 1.1%      
Cooper-Standard Automotive, Inc. (A) 9.250 03-01-31   105,000 98,674
EchoStar Corp. 6.750 11-30-30   137,000 138,337
EchoStar Corp. 10.750 11-30-29   89,936 97,153
Hughes Satellite Systems Corp. (B) 5.250 08-01-26   84,000 74,421
Viasat, Inc. (A) 6.500 07-15-28   300,000 296,428
Viasat, Inc. (A) 7.500 05-30-31   84,000 83,009
Viavi Solutions, Inc. (A) 3.750 10-01-29   44,000 41,282
Electronic equipment, instruments and components 0.3%      
Crane NXT Company 4.200 03-15-48   182,000 109,766
Imola Merger Corp. (A) 4.750 05-15-29   122,000 118,576
Zebra Technologies Corp. (A) 6.500 06-01-32   34,000 34,232
IT services 0.7%      
Ahead DB Holdings LLC (A) 6.625 05-01-28   88,000 86,076
CoreWeave, Inc. (A) 9.000 02-01-31   150,000 142,728
CoreWeave, Inc. (A)(B) 9.250 06-01-30   127,000 123,401
Go Daddy Operating Company LLC (A) 5.250 12-01-27   135,000 134,450
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 58
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Information technology (continued)      
Semiconductors and semiconductor equipment 0.5%      
Entegris, Inc. (A)(B) 3.625 05-01-29   221,000 $210,055
Qnity Electronics, Inc. (A) 5.750 08-15-32   135,000 135,161
Software 2.3%      
Capstone Borrower, Inc. (A) 8.000 06-15-30   375,000 358,305
Central Parent LLC (A) 8.000 06-15-29   31,000 23,039
Central Parent, Inc. (A) 7.250 06-15-29   34,000 24,470
Cloud Software Group, Inc. (A) 6.500 03-31-29   196,000 191,212
Cloud Software Group, Inc. (A) 9.000 09-30-29   289,000 278,791
Fair Isaac Corp. (A) 6.000 05-15-33   67,000 65,742
Flash Compute LLC (A) 7.250 12-31-30   69,000 69,469
Gen Digital, Inc. (A) 6.250 04-01-33   67,000 65,132
McAfee Corp. (A)(B) 7.375 02-15-30   120,000 99,143
NCR Voyix Corp. (A) 5.125 04-15-29   64,000 61,213
Open Text Corp. (A) 3.875 02-15-28   118,000 113,618
Rocket Software, Inc. (A)(B) 6.500 02-15-29   34,000 30,600
Rocket Software, Inc. (A) 9.000 11-28-28   42,000 41,937
UKG, Inc. (A) 6.875 02-01-31   113,000 110,437
WULF Compute LLC (A) 7.750 10-15-30   134,000 141,595
Technology hardware, storage and peripherals 0.5%      
Seagate Data Storage Technology Pte, Ltd. (A) 5.750 12-01-34   136,000 135,490
Xerox Corp. 4.800 03-01-35   52,000 12,480
Xerox Corp. (A)(B) 10.250 10-15-30   16,000 12,000
Xerox Holdings Corp. (A) 5.500 08-15-28   484,000 199,650
Materials 8.6%     6,248,227
Chemicals 3.3%      
ARC Falcon I, Inc. (A) 9.750 03-01-33   200,000 192,546
Celanese US Holdings LLC 6.500 04-15-30   348,000 355,132
Celanese US Holdings LLC 7.375 02-15-34   118,000 120,894
CVR Partners LP (A) 6.125 06-15-28   142,000 141,480
FMC Corp. 3.450 10-01-29   59,000 52,701
FMC Corp. (8.450% to 11-1-30, then 5 Year CMT + 4.366%) 8.450 11-01-55   86,000 55,372
HB Fuller Company 4.250 10-15-28   145,000 140,025
INEOS Finance PLC (A) 7.500 04-15-29   300,000 291,033
Ingevity Corp. (A) 3.875 11-01-28   29,000 27,839
Mativ Holdings, Inc. (A) 8.000 10-01-29   21,000 19,559
Methanex Corp. 5.250 12-15-29   71,000 70,292
Methanex Corp. 5.650 12-01-44   79,000 70,505
Methanex US Operations, Inc. (A) 6.250 03-15-32   84,000 85,938
Minerals Technologies, Inc. (A) 5.000 07-01-28   43,000 42,271
Perimeter Holdings LLC (A) 6.250 01-15-34   107,000 104,940
SCIH Salt Holdings, Inc. (A) 4.875 05-01-28   62,000 61,293
The Chemours Company (A) 4.625 11-15-29   83,000 77,834
The Chemours Company (A) 8.000 01-15-33   59,000 59,322
The Scotts Miracle-Gro Company 5.250 12-15-26   67,000 67,007
WR Grace Holdings LLC (A) 5.625 08-15-29   152,000 139,797
WR Grace Holdings LLC (A) 6.625 08-15-32   212,000 206,563
Construction materials 0.8%      
Quikrete Holdings, Inc. (A) 6.375 03-01-32   41,000 41,574
Quikrete Holdings, Inc. (A) 6.750 03-01-33   54,000 54,845
Standard Building Solutions, Inc. (A) 6.500 08-15-32   239,000 239,124
Standard Industries, Inc. (A) 3.375 01-15-31   78,000 69,917
Standard Industries, Inc. (A) 4.375 07-15-30   118,000 111,223
White Cap Supply Holdings LLC (A) 7.375 11-15-30   86,000 83,419
59 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Materials (continued)      
Containers and packaging 2.0%      
Ardagh Group SA (A) 9.500 12-01-30   238,000 $249,557
Ball Corp. 2.875 08-15-30   75,000 68,263
Clydesdale Acquisition Holdings, Inc. (A) 6.875 01-15-30   84,000 81,646
Clydesdale Acquisition Holdings, Inc. (A) 8.750 04-15-30   71,000 66,248
Crown Americas LLC 5.875 06-01-33   65,000 64,970
Graphic Packaging International LLC (A) 6.375 07-15-32   245,000 243,844
Iris Holding, Inc. (A) 10.000 12-15-28   45,000 37,224
Mauser Packaging Solutions Holding Company (A) 7.875 04-15-30   97,000 97,000
Mauser Packaging Solutions Holding Company (A) 9.250 04-15-30   101,000 93,846
Owens-Brockway Glass Container, Inc. (A)(B) 7.375 06-01-32   177,000 167,526
Sealed Air Corp. (A) 4.000 12-01-27   104,000 103,740
Toucan FinCo, Ltd. (A) 9.500 05-15-30   212,000 187,223
Metals and mining 2.3%      
Alcoa Nederland Holding BV (A) 7.125 03-15-31   200,000 209,142
Amsted Industries, Inc. (A) 6.375 03-15-33   55,000 55,272
Cleveland-Cliffs, Inc. (A) 6.750 04-15-30   104,000 101,399
Cleveland-Cliffs, Inc. (A) 6.875 11-01-29   172,000 171,985
Cleveland-Cliffs, Inc. (A) 7.500 09-15-31   66,000 65,832
First Quantum Minerals, Ltd. (A) 8.625 06-01-31   300,000 311,053
Fortescue Treasury Pty, Ltd. (A) 6.125 04-15-32   42,000 42,917
Kaiser Aluminum Corp. (A) 4.500 06-01-31   35,000 33,066
Novelis Corp. (A) 4.750 01-30-30   183,000 173,132
Samarco Mineracao SA (4.000% Cash and 5.000% PIK) (A) 9.000 06-30-31   146,572 144,213
SunCoke Energy, Inc. (A) 4.875 06-30-29   388,000 350,117
Paper and forest products 0.2%      
Domtar Corp. (A)(B) 6.750 10-01-28   34,000 22,100
Magnera Corp. (A) 7.250 11-15-31   112,000 103,667
Mercer International, Inc. 5.125 02-01-29   40,000 20,800
Real estate 3.0%     2,176,372
Health care REITs 0.3%      
Diversified Healthcare Trust (A) 7.250 10-15-30   39,000 39,335
MPT Operating Partnership LP 4.625 08-01-29   82,000 63,757
MPT Operating Partnership LP (B) 5.000 10-15-27   123,000 114,493
Hotel and resort REITs 0.4%      
Service Properties Trust 3.950 01-15-28   89,000 85,109
Service Properties Trust (B) 4.375 02-15-30   24,000 21,312
Service Properties Trust 4.950 10-01-29   65,000 58,871
Service Properties Trust 5.500 12-15-27   41,000 41,054
Service Properties Trust (A)(D) 6.407 09-30-27   78,000 70,964
Service Properties Trust (A) 8.625 11-15-31   38,000 39,684
Office REITs 0.2%      
Brandywine Operating Partnership LP 8.875 04-12-29   107,000 108,627
Real estate management and development 0.4%      
Anywhere Real Estate Group LLC (A) 9.750 04-15-30   39,000 41,401
Kennedy-Wilson, Inc. 4.750 03-01-29   53,000 52,007
Kennedy-Wilson, Inc. 5.000 03-01-31   110,000 109,741
The Howard Hughes Corp. (A) 5.875 03-01-32   104,000 100,078
The Howard Hughes Corp. (A) 6.125 03-01-34   23,000 22,088
Specialized REITs 1.7%      
Iron Mountain Information Management Services, Inc. (A) 5.000 07-15-32   143,000 135,001
Iron Mountain, Inc. (A) 5.250 07-15-30   759,000 737,412
Outfront Media Capital LLC (A) 4.250 01-15-29   87,000 83,868
SBA Communications Corp. 3.125 02-01-29   76,000 72,015
Uniti Group LP (A) 6.000 01-15-30   153,000 143,908
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 60
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Real estate (continued)      
Specialized REITs (continued)      
Uniti Group LP (A)(B) 8.625 06-15-32   35,000 $35,647
Utilities 3.7%     2,683,272
Electric utilities 1.8%      
Edison International (7.875% to 6-15-29, then 5 Year CMT + 3.658%) 7.875 06-15-54   68,000 69,659
NRG Energy, Inc. (A) 5.750 01-15-34   653,000 644,135
PG&E Corp. 5.250 07-01-30   69,000 68,089
PG&E Corp. (6.850% to 9-15-31, then 5 Year CMT + 3.225%) 6.850 09-15-56   71,000 70,157
PG&E Corp. (7.375% to 3-15-30, then 5 Year CMT + 3.883%) 7.375 03-15-55   105,000 105,674
PPL Capital Funding, Inc. (3 month CME Term SOFR + 2.927%) (E) 6.627 03-30-67   250,000 246,634
VoltaGrid LLC (A) 7.375 11-01-30   101,000 104,314
Gas utilities 0.2%      
Ferrellgas LP (A) 9.250 01-15-31   155,000 161,501
Independent power and renewable electricity producers 1.7%      
Alpha Generation LLC (A) 6.750 10-15-32   35,000 35,512
Clearway Energy Operating LLC (A) 3.750 01-15-32   148,000 134,911
Talen Energy Supply LLC (A) 6.250 02-01-34   199,000 196,783
The AES Corp. (6.950% to 7-15-30, then 5 Year CMT + 2.890%) 6.950 07-15-55   163,000 152,076
The AES Corp. (7.600% to 1-15-30, then 5 Year CMT + 3.201%) 7.600 01-15-55   33,000 32,733
Vistra Operations Company LLC (A) 6.875 04-15-32   343,000 354,987
XPLR Infrastructure Operating Partners LP (A) 7.250 01-15-29   173,000 178,046
XPLR Infrastructure Operating Partners LP (A) 7.750 04-15-34   124,000 128,061
    
        Shares Value
Preferred securities 0.3%         $240,186
(Cost $239,553)          
Energy 0.3%     240,186
Oil, gas and consumable fuels 0.3%      
NGL Energy Partners LP, 11.147% (3 month CME Term SOFR + 7.475%) (E)   9,732 240,186
    
    Yield (%)   Shares Value
Short-term investments 4.6%         $3,305,261
(Cost $3,305,364)          
Short-term funds 4.6%         3,305,261
John Hancock Collateral Trust (F) 3.6657(G)   263,826 2,638,707
State Street Institutional U.S. Government Money Market Fund, Premier Class 3.5918(G)   666,554 666,554
    
Total investments (Cost $74,018,979) 100.5%     $72,933,805
Other assets and liabilities, net (0.5%)       (382,789)
Total net assets 100.0%         $72,551,016
    
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund.
^All par values are denominated in U.S. dollars unless otherwise indicated.
Security Abbreviations and Legend
CME CME Group Published Rates
CMT Constant Maturity Treasury
LIBOR London Interbank Offered Rate
PIK Pay-in-Kind Security - Represents a payment-in-kind which may pay interest in additional par and/or cash. Rates shown are the current rate and most recent payment rate.
SOFR Secured Overnight Financing Rate
(A) This security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $59,638,368 or 82.2% of the fund’s net assets as of 3-31-26.
(B) All or a portion of this security is on loan as of 3-31-26.
(C) Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(D) Zero coupon bonds are issued at a discount from their principal amount in lieu of paying interest periodically. Rate shown is the effective yield at period end.
(E) Variable rate obligation. The coupon rate shown represents the rate at period end.
(F) Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.
61 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
(G) The rate shown is the annualized seven-day yield as of 3-31-26.
The fund had the following country composition as a percentage of net assets on 3-31-26:
United States 86.6%
Canada 4.8%
United Kingdom 2.2%
Japan 1.1%
Other countries 5.3%
TOTAL 100.0%
MORTGAGE-BACKED SECURITIES ETF
As of 3-31-26
  Rate (%) Maturity date   Par value^ Value
U.S. Government and Agency obligations 59.1%     $125,637,142
(Cost $125,712,022)          
U.S. Government Agency 59.1%       125,637,142
Federal Home Loan Mortgage Corp.          
30 Yr Pass Thru 2.000 01-01-51   1,301,889 1,067,584
30 Yr Pass Thru 2.000 02-01-51   587,525 477,931
30 Yr Pass Thru 2.000 03-01-51   306,325 249,376
30 Yr Pass Thru 2.000 05-01-51   1,445,816 1,182,445
30 Yr Pass Thru 2.000 08-01-51   1,084,317 886,798
30 Yr Pass Thru 2.000 12-01-51   1,152,555 941,525
30 Yr Pass Thru 2.000 12-01-51   677,769 548,800
30 Yr Pass Thru 2.000 12-01-51   651,535 530,612
30 Yr Pass Thru 2.000 01-01-52   791,023 640,503
30 Yr Pass Thru 2.000 02-01-52   495,247 404,104
30 Yr Pass Thru 2.000 03-01-52   1,428,271 1,167,651
30 Yr Pass Thru 2.500 08-01-50   127,391 109,726
30 Yr Pass Thru 2.500 05-01-51   1,203,712 1,024,386
30 Yr Pass Thru 2.500 08-01-51   1,454,507 1,248,727
30 Yr Pass Thru 2.500 09-01-51   135,683 116,360
30 Yr Pass Thru 2.500 09-01-51   203,874 173,629
30 Yr Pass Thru 2.500 09-01-51   210,046 176,938
30 Yr Pass Thru 2.500 10-01-51   719,210 608,917
30 Yr Pass Thru 2.500 11-01-51   162,374 138,641
30 Yr Pass Thru 2.500 11-01-51   534,074 456,512
30 Yr Pass Thru 2.500 01-01-52   197,616 169,472
30 Yr Pass Thru 2.500 01-01-52   699,505 597,153
30 Yr Pass Thru 2.500 01-01-52   1,172,041 1,001,829
30 Yr Pass Thru 2.500 04-01-52   101,129 86,442
30 Yr Pass Thru 3.000 05-01-51   206,304 184,797
30 Yr Pass Thru 3.000 09-01-51   403,299 360,372
30 Yr Pass Thru 3.000 09-01-51   1,165,758 1,041,677
30 Yr Pass Thru 3.000 01-01-52   224,287 197,821
30 Yr Pass Thru 3.000 01-01-52   230,238 204,581
30 Yr Pass Thru 3.000 02-01-52   594,529 528,462
30 Yr Pass Thru 3.000 03-01-52   1,187,242 1,061,245
30 Yr Pass Thru 3.500 03-01-52   912,231 842,852
30 Yr Pass Thru 3.500 03-01-52   180,409 166,237
30 Yr Pass Thru 3.500 03-01-52   499,790 461,310
30 Yr Pass Thru 3.500 04-01-52   88,948 81,850
30 Yr Pass Thru 3.500 04-01-52   182,195 168,167
30 Yr Pass Thru 3.500 04-01-52   1,442,566 1,331,319
30 Yr Pass Thru 3.500 06-01-52   706,049 653,454
30 Yr Pass Thru 3.500 08-01-52   519,940 482,670
30 Yr Pass Thru 3.500 08-01-52   1,014,707 941,339
30 Yr Pass Thru 3.500 09-01-52   1,742,301 1,605,436
30 Yr Pass Thru 4.000 05-01-52   178,625 168,922
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 62
Table of Contents
  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)        
30 Yr Pass Thru 4.000 05-01-52   425,550 $405,425
30 Yr Pass Thru 4.000 07-01-52   690,302 655,823
30 Yr Pass Thru 4.000 07-01-52   1,299,972 1,232,705
30 Yr Pass Thru 4.000 09-01-52   163,555 155,028
30 Yr Pass Thru 4.000 09-01-52   110,554 105,032
30 Yr Pass Thru 4.000 10-01-52   1,056,002 1,001,277
30 Yr Pass Thru 4.000 11-01-52   1,106,960 1,049,006
30 Yr Pass Thru 4.000 11-01-52   850,702 814,325
30 Yr Pass Thru 4.000 04-01-53   573,256 545,518
30 Yr Pass Thru 4.500 06-01-52   1,086,882 1,053,578
30 Yr Pass Thru 4.500 07-01-52   275,833 268,243
30 Yr Pass Thru 4.500 07-01-52   702,571 680,714
30 Yr Pass Thru 4.500 07-01-52   950,012 923,306
30 Yr Pass Thru 4.500 09-01-52   935,109 905,579
30 Yr Pass Thru 4.500 10-01-52   1,213,942 1,180,159
30 Yr Pass Thru 4.500 12-01-52   575,314 560,922
30 Yr Pass Thru 4.500 08-01-53   272,112 264,199
30 Yr Pass Thru 5.000 09-01-52   1,017,858 1,015,825
30 Yr Pass Thru 5.000 06-01-53   669,221 663,703
30 Yr Pass Thru 5.000 07-01-53   168,984 167,453
30 Yr Pass Thru 5.000 08-01-53   162,536 161,196
30 Yr Pass Thru 5.000 03-01-54   388,769 387,264
30 Yr Pass Thru 5.000 10-01-54   1,083,340 1,074,034
30 Yr Pass Thru 5.000 11-01-54   299,815 297,717
30 Yr Pass Thru 5.000 11-01-54   976,952 972,559
30 Yr Pass Thru 5.000 11-01-54   999,312 992,945
30 Yr Pass Thru 5.000 12-01-54   1,104,910 1,098,526
30 Yr Pass Thru 5.000 12-01-54   436,289 434,191
30 Yr Pass Thru 5.000 01-01-55   1,021,279 1,012,857
30 Yr Pass Thru 5.000 05-01-55   972,167 961,416
30 Yr Pass Thru 5.000 06-01-55   596,062 589,470
30 Yr Pass Thru 5.500 04-01-53   164,438 165,929
30 Yr Pass Thru 5.500 07-01-53   325,323 328,546
30 Yr Pass Thru 5.500 03-01-54   73,734 74,299
30 Yr Pass Thru 5.500 03-01-54   264,189 268,689
30 Yr Pass Thru 5.500 04-01-54   863,434 870,317
30 Yr Pass Thru 5.500 12-01-54   918,813 930,875
30 Yr Pass Thru 5.500 12-01-54   409,718 414,360
30 Yr Pass Thru 5.500 01-01-55   850,995 866,913
30 Yr Pass Thru 5.500 02-01-55   549,635 559,470
30 Yr Pass Thru 5.500 02-01-55   1,083,666 1,100,686
30 Yr Pass Thru 5.500 10-01-55   977,792 989,253
Federal National Mortgage Association          
10 Yr Pass Thru 5.100 01-01-35   600,000 620,472
10 Yr Pass Thru 5.180 02-01-35   600,000 623,952
30 Yr Pass Thru (A) 2.000 TBA   475,000 381,763
30 Yr Pass Thru 2.000 09-01-50   518,552 424,417
30 Yr Pass Thru 2.000 10-01-50   340,240 276,986
30 Yr Pass Thru 2.000 12-01-50   600,540 491,333
30 Yr Pass Thru 2.000 02-01-51   303,237 246,673
30 Yr Pass Thru 2.000 04-01-51   581,254 472,103
30 Yr Pass Thru 2.000 07-01-51   236,216 193,556
30 Yr Pass Thru 2.000 07-01-51   284,559 231,656
30 Yr Pass Thru 2.000 07-01-51   493,893 402,382
30 Yr Pass Thru 2.000 07-01-51   162,475 132,269
30 Yr Pass Thru 2.000 07-01-51   1,305,222 1,067,055
30 Yr Pass Thru 2.000 07-01-51   692,117 563,878
63 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)        
30 Yr Pass Thru 2.000 08-01-51   294,967 $241,236
30 Yr Pass Thru 2.000 08-01-51   213,298 173,244
30 Yr Pass Thru 2.000 09-01-51   437,367 358,653
30 Yr Pass Thru 2.000 09-01-51   543,049 441,751
30 Yr Pass Thru 2.000 10-01-51   528,330 432,420
30 Yr Pass Thru 2.000 03-01-52   1,029,867 842,266
30 Yr Pass Thru 2.000 03-01-52   1,113,378 910,217
30 Yr Pass Thru 2.000 03-01-52   592,500 483,459
30 Yr Pass Thru (A) 2.500 TBA   1,409,000 1,184,441
30 Yr Pass Thru 2.500 09-01-50   260,632 224,247
30 Yr Pass Thru 2.500 05-01-51   572,312 487,408
30 Yr Pass Thru 2.500 07-01-51   225,711 193,778
30 Yr Pass Thru 2.500 07-01-51   268,327 227,430
30 Yr Pass Thru 2.500 07-01-51   831,982 708,816
30 Yr Pass Thru 2.500 08-01-51   435,725 372,854
30 Yr Pass Thru 2.500 08-01-51   233,453 199,768
30 Yr Pass Thru 2.500 08-01-51   569,122 486,470
30 Yr Pass Thru 2.500 09-01-51   381,752 326,669
30 Yr Pass Thru 2.500 09-01-51   901,196 767,502
30 Yr Pass Thru 2.500 10-01-51   743,169 636,867
30 Yr Pass Thru 2.500 12-01-51   206,268 176,312
30 Yr Pass Thru 2.500 12-01-51   547,216 468,942
30 Yr Pass Thru 2.500 01-01-52   446,871 381,554
30 Yr Pass Thru 2.500 01-01-52   1,163,308 997,091
30 Yr Pass Thru 2.500 01-01-52   490,789 419,437
30 Yr Pass Thru 2.500 04-01-52   1,096,531 939,170
30 Yr Pass Thru 2.500 04-01-52   1,182,933 1,010,954
30 Yr Pass Thru (A) 3.000 TBA   1,734,000 1,523,888
30 Yr Pass Thru 3.000 11-01-46   262,966 237,359
30 Yr Pass Thru 3.000 09-01-50   70,577 62,734
30 Yr Pass Thru 3.000 10-01-50   677,828 596,361
30 Yr Pass Thru 3.000 11-01-50   183,381 164,493
30 Yr Pass Thru 3.000 02-01-51   892,325 797,347
30 Yr Pass Thru 3.000 06-01-51   537,031 479,367
30 Yr Pass Thru 3.000 09-01-51   665,228 593,590
30 Yr Pass Thru 3.000 10-01-51   220,112 193,863
30 Yr Pass Thru 3.000 11-01-51   189,658 169,649
30 Yr Pass Thru 3.000 12-01-51   406,235 361,346
30 Yr Pass Thru 3.000 12-01-51   331,660 296,151
30 Yr Pass Thru 3.000 01-01-52   144,485 128,745
30 Yr Pass Thru 3.000 01-01-52   787,057 702,301
30 Yr Pass Thru 3.000 02-01-52   545,948 485,109
30 Yr Pass Thru 3.000 03-01-52   812,055 723,591
30 Yr Pass Thru 3.000 03-01-52   271,737 241,540
30 Yr Pass Thru 3.000 03-01-52   148,142 131,291
30 Yr Pass Thru 3.000 03-01-52   1,264,953 1,124,385
30 Yr Pass Thru 3.000 03-01-52   1,506,108 1,346,271
30 Yr Pass Thru 3.000 03-01-52   1,131,226 1,009,406
30 Yr Pass Thru 3.000 04-01-52   1,129,286 1,009,440
30 Yr Pass Thru 3.000 04-01-52   1,061,152 941,572
30 Yr Pass Thru 3.000 04-01-52   374,554 333,283
30 Yr Pass Thru 3.000 06-01-52   1,784,914 1,586,564
30 Yr Pass Thru 3.000 06-01-52   1,370,160 1,224,751
30 Yr Pass Thru 3.500 10-01-49   520,956 481,986
30 Yr Pass Thru 3.500 11-01-49   599,838 555,717
30 Yr Pass Thru 3.500 12-01-49   215,752 199,411
30 Yr Pass Thru 3.500 01-01-50   829,356 766,020
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 64
Table of Contents
  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)        
30 Yr Pass Thru 3.500 01-01-50   1,060,614 $983,595
30 Yr Pass Thru 3.500 04-01-51   156,350 144,996
30 Yr Pass Thru 3.500 08-01-51   253,565 233,805
30 Yr Pass Thru 3.500 12-01-51   918,682 853,693
30 Yr Pass Thru 3.500 02-01-52   1,084,822 1,007,402
30 Yr Pass Thru 3.500 04-01-52   121,922 111,817
30 Yr Pass Thru 3.500 04-01-52   146,587 134,889
30 Yr Pass Thru 3.500 04-01-52   468,272 430,170
30 Yr Pass Thru 3.500 06-01-52   233,087 214,704
30 Yr Pass Thru 3.500 09-01-52   182,885 168,289
30 Yr Pass Thru 4.000 03-01-48   95,220 90,821
30 Yr Pass Thru 4.000 06-01-49   84,176 80,681
30 Yr Pass Thru 4.000 04-01-50   84,809 81,077
30 Yr Pass Thru 4.000 05-01-52   271,276 258,447
30 Yr Pass Thru 4.000 05-01-52   1,244,927 1,189,747
30 Yr Pass Thru 4.000 06-01-52   448,774 425,279
30 Yr Pass Thru 4.000 06-01-52   1,075,798 1,020,047
30 Yr Pass Thru 4.000 06-01-52   323,406 307,252
30 Yr Pass Thru 4.000 06-01-52   605,976 576,656
30 Yr Pass Thru 4.000 07-01-52   206,749 196,229
30 Yr Pass Thru 4.000 09-01-52   282,231 266,193
30 Yr Pass Thru 4.000 09-01-52   235,071 222,889
30 Yr Pass Thru 4.000 10-01-52   370,588 351,186
30 Yr Pass Thru (A) 4.500 TBA   200,000 192,844
30 Yr Pass Thru 4.500 06-01-52   251,390 244,866
30 Yr Pass Thru 4.500 06-01-52   342,221 332,548
30 Yr Pass Thru 4.500 07-01-52   434,682 421,363
30 Yr Pass Thru 4.500 07-01-52   264,877 257,754
30 Yr Pass Thru 4.500 08-01-52   570,294 557,631
30 Yr Pass Thru 4.500 09-01-52   354,716 344,346
30 Yr Pass Thru 4.500 09-01-52   227,877 220,521
30 Yr Pass Thru 4.500 10-01-52   115,006 111,842
30 Yr Pass Thru 4.500 06-01-53   62,744 60,782
30 Yr Pass Thru 4.500 07-01-53   270,549 262,766
30 Yr Pass Thru 4.500 09-01-53   429,297 416,680
30 Yr Pass Thru 4.500 09-01-53   1,027,787 998,703
30 Yr Pass Thru (A) 5.000 TBA   900,000 887,098
30 Yr Pass Thru 5.000 05-01-53   948,488 939,724
30 Yr Pass Thru 5.000 07-01-53   225,351 223,492
30 Yr Pass Thru 5.000 04-01-54   133,342 131,909
30 Yr Pass Thru 5.000 08-01-54   1,039,699 1,028,560
30 Yr Pass Thru 5.000 10-01-54   468,911 466,802
30 Yr Pass Thru 5.000 10-01-54   1,364,695 1,355,999
30 Yr Pass Thru 5.000 11-01-54   984,777 975,732
30 Yr Pass Thru 5.000 11-01-54   928,067 923,604
30 Yr Pass Thru 5.000 12-01-54   489,082 485,660
30 Yr Pass Thru 5.000 12-01-54   1,385,371 1,379,142
30 Yr Pass Thru 5.000 02-01-55   213,097 211,473
30 Yr Pass Thru 5.000 11-01-55   981,237 974,985
30 Yr Pass Thru (A) 5.500 TBA   1,697,000 1,704,085
30 Yr Pass Thru 5.500 10-01-52   130,176 131,875
30 Yr Pass Thru 5.500 10-01-53   264,349 266,704
30 Yr Pass Thru 5.500 11-01-53   288,041 290,427
30 Yr Pass Thru 5.500 02-01-54   163,757 165,164
30 Yr Pass Thru 5.500 04-01-54   843,591 850,316
30 Yr Pass Thru 5.500 04-01-54   497,514 502,724
30 Yr Pass Thru 5.500 06-01-54   918,797 934,448
65 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)        
30 Yr Pass Thru 5.500 10-01-54   738,192 $744,249
30 Yr Pass Thru 5.500 01-01-55   257,335 262,261
30 Yr Pass Thru 5.500 02-01-55   463,420 471,133
30 Yr Pass Thru 5.500 04-01-55   535,060 541,959
30 Yr Pass Thru 5.500 06-01-55   619,964 630,912
30 Yr Pass Thru 5.500 11-01-55   985,214 994,915
Government National Mortgage Association          
30 Yr Pass Thru 2.500 09-20-49   597,260 515,515
30 Yr Pass Thru 2.500 06-20-50   418,835 361,118
30 Yr Pass Thru 2.500 02-20-51   214,708 184,651
30 Yr Pass Thru 2.500 07-20-51   480,736 412,987
30 Yr Pass Thru 2.500 03-20-53   414,959 357,031
30 Yr Pass Thru 3.000 05-20-53   201,729 181,092
Corporate bonds 0.7%     $1,465,730
(Cost $1,505,228)          
Utilities 0.7%     1,465,730
Electric utilities 0.7%      
Duke Energy Progress NC Storm Funding II LLC 4.890 01-01-46   500,000 493,935
PG&E Wildfire Recovery Funding LLC 5.081 06-01-41   1,000,000 971,795
Collateralized mortgage obligations 24.2%       $51,532,263
(Cost $52,018,684)          
Commercial and residential 21.4%     45,507,215
A&D Mortgage Trust    
Series 2024-NQM4, Class M1 (B)(C) 5.929 08-25-69   200,000 199,922
Series 2025-NQM4, Class M1 (B)(C) 6.204 10-25-70   250,000 250,226
Series 2026-NQM1, Class A2 (5.114% to 1-1-30, then 6.114% thereafter) (B) 5.114 02-25-71   987,606 976,416
Series 2026-NQM2, Class A3 (5.165% to 2-1-30, then 6.165% thereafter) (B) 5.165 03-25-71   994,970 983,118
Agate Bay Mortgage Trust    
Series 2013-1, Class A1 (B)(C) 3.500 07-25-43   136,689 128,323
Angel Oak Mortgage Trust LLC    
Series 2022-2, Class A2 (B)(C) 3.762 01-25-67   977,742 918,114
Series 2022-3, Class A1 (B) 4.000 01-25-67   334,570 326,506
Series 2022-5, Class A1 (4.500% to 7-1-26, then 5.500% thereafter) (B) 4.500 05-25-67   326,245 324,850
Series 2022-6, Class A1 (4.300% to 9-1-26, then 5.300% thereafter) (B) 4.300 07-25-67   662,758 659,550
Series 2024-10, Class M1 (B)(C) 6.007 10-25-69   200,000 200,890
Series 2024-3, Class A1 (4.800% to 2-1-28, then 5.800% thereafter) (B) 4.800 11-26-68   153,629 152,715
Series 2025-13, Class M1 (B)(C) 5.738 10-25-70   500,000 495,836
Arizona Biltmore Trust    
Series 2024-BILT, Class C (B) 6.361 06-11-39   700,000 705,863
Arroyo Mortgage Trust    
Series 2019-1, Class A3 (B)(C) 4.208 01-25-49   76,738 75,139
BAHA Trust    
Series 2024-MAR, Class B (B)(C) 6.385 12-10-41   1,000,000 1,030,390
BANK    
Series 2024-BNK47, Class A5 5.716 06-15-57   743,000 776,917
BBCMS Mortgage Trust    
Series 2024-5C27, Class B (C) 6.700 07-15-57   200,000 207,522
Series 2024-5C29, Class B (C) 5.858 09-15-57   845,000 857,178
Series 2024-C30, Class A5 5.532 11-15-57   600,000 620,026
Series 2025-C32, Class A5 5.720 02-15-62   622,000 649,497
BRAVO Residential Funding Trust    
Series 2021-NQM1, Class M1 (B)(C) 2.316 02-25-49   100,000 92,126
BX Trust    
Series 2019-OC11, Class D (B)(C) 3.944 12-09-41   500,000 472,670
Series 2025-ARIA, Class B (B)(C) 5.177 12-13-42   1,000,000 1,000,737
COLT Mortgage Loan Trust    
Series 2021-4, Class B1 (B)(C) 3.764 10-25-66   700,000 555,564
Series 2021-HX1, Class B1 (B)(C) 3.110 10-25-66   100,000 75,031
Series 2024-5, Class M1 (B)(C) 5.655 08-25-69   200,000 199,551
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 66
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Commercial and residential (continued)      
Series 2025-1, Class A3 (6.084% to 1-1-29, then 7.084% thereafter) (B) 6.084 01-25-70   310,907 $312,595
Cross Mortgage Trust    
Series 2024-H2, Class A3 (6.518% to 3-1-28, then 7.518% thereafter) (B) 6.518 04-25-69   107,079 107,689
Series 2024-H5, Class A3 (6.158% to 7-1-28, then 7.158% thereafter) (B) 6.158 08-26-69   124,717 125,553
Series 2024-H7, Class B1A (B)(C) 7.048 11-25-69   200,000 201,365
Series 2025-H1, Class B1A (B)(C) 6.828 02-25-70   300,000 301,336
Series 2026-H1, Class A2 (4.953% to 1-1-30, then 5.953% thereafter) (B) 4.953 02-25-61   984,114 972,638
Series 2026-NQM4, Class A2 (5.688% to 3-1-30, then 6.688% thereafter) (B) 5.688 04-25-71   1,000,000 999,969
Deephaven Residential Mortgage Trust    
Series 2025-INV1, Class M1 (B)(C) 5.733 11-25-60   500,000 492,466
Ellington Financial Mortgage Trust    
Series 2022-3, Class A1 (5.000% to 7-1-26, then 6.000% thereafter) (B) 5.000 08-25-67   234,878 234,108
Series 2022-4, Class A1 (5.900% to 12-1-26, then 6.900% thereafter) (B) 5.900 09-25-67   219,978 219,735
Series 2025-CES1, Class A2 (6.121% to 2-1-29, then 7.121% thereafter) (B) 6.121 01-25-60   300,000 303,109
Flagstar Mortgage Trust    
Series 2021-3INV, Class A18 (B)(C) 5.000 06-25-51   307,525 301,303
Series 2021-6INV, Class A4 (B)(C) 2.500 08-25-51   1,192,439 991,261
FS Commercial Mortgage Trust    
Series 2023-4SZN, Class B (B)(C) 7.544 11-10-39   380,000 384,292
GCAT Trust    
Series 2023-INV1, Class A1 (B)(C) 6.000 08-25-53   621,397 627,999
Series 2024-NQM2, Class M1 (B)(C) 6.569 06-25-59   200,000 201,074
GS Mortgage-Backed Securities Trust    
Series 2022-LTV2, Class A33 (B)(C) 4.000 12-25-52   895,415 825,391
Series 2023-PJ2, Class A3 (B)(C) 5.000 05-25-53   229,832 225,020
Houston Galleria Mall Trust    
Series 2025-HGLR, Class A (B)(C) 5.462 02-05-45   1,233,000 1,260,088
Hudson Yards Mortgage Trust    
Series 2025-SPRL, Class C (B)(C) 5.952 01-13-40   550,000 563,566
Hundred Acre Wood Trust    
Series 2021-INV3, Class B1 (B)(C) 3.321 12-25-51   714,195 621,840
Imperial Fund Mortgage Trust    
Series 2022-NQM5, Class A3 (6.250% to 7-1-26, then 7.250% thereafter) (B) 6.250 08-25-67   60,997 60,869
IRV Trust    
Series 2025-200P, Class B (B)(C) 5.440 03-14-47   550,000 546,732
JPMorgan Mortgage Trust    
Series 2019-INV1, Class B3 (B)(C) 4.935 09-25-49   571,294 553,495
Series 2019-INV1, Class B5 (B)(C) 4.935 09-25-49   334,615 289,581
Series 2019-INV2, Class B4 (B)(C) 4.713 02-25-50   339,952 323,262
Series 2019-INV3, Class A15 (B)(C) 3.500 05-25-50   106,163 95,604
Series 2019-INV3, Class B3 (B)(C) 4.339 05-25-50   196,383 181,812
Series 2021-12, Class A12 (B)(C) 5.000 02-25-52   217,054 211,483
Series 2021-14, Class A12 (B)(C) 5.000 05-25-52   299,333 288,737
Series 2021-6, Class A12 (B)(C) 5.000 10-25-51   306,772 298,649
Series 2023-4, Class 2A6 (B)(C) 5.500 11-25-53   344,140 341,210
MFA Trust    
Series 2020-NQM3, Class M1 (B)(C) 2.654 01-26-65   100,000 93,424
New Residential Mortgage Loan Trust    
Series 2024-NQM3, Class A2 (B) 5.820 11-25-64   482,297 486,363
Series 2026-NQM3, Class A3 (5.189% to 2-1-30, then 6.189% thereafter) (B) 5.189 02-25-66   743,581 735,739
NY Commercial Mortgage Trust    
Series 2025-299P, Class A (B)(C) 5.664 02-10-47   1,348,000 1,396,968
NYMT Loan Trust    
Series 2025-CP1, Class A1 (B)(C) 3.750 11-25-69   458,500 441,215
OBX Trust    
Series 2020-EXP2, Class A8 (B)(C) 3.000 05-25-60   60,699 53,517
Series 2023-NQM10, Class A3 (7.173% to 11-1-27, then 8.173% thereafter) (B) 7.173 10-25-63   224,105 225,579
Series 2024-NQM12, Class A2 (5.779% to 8-1-28, then 6.779% thereafter) (B) 5.779 07-25-64   150,410 150,940
Series 2025-NQM23, Class M1 (B)(C) 5.670 10-25-65   500,000 495,616
PENN Commercial Mortgage Trust    
Series 2025-P11, Class B (B)(C) 5.927 08-10-42   1,000,000 1,024,300
PMT Loan Trust    
Series 2025-INV11, Class A29 (B)(C) 5.500 11-25-56   469,528 466,612
67 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Commercial and residential (continued)      
Series 2025-INV6, Class A29 (B)(C) 6.000 06-25-56   284,431 $286,920
Series 2025-INV8, Class A28 (B)(C) 6.000 07-25-56   345,226 348,246
Progress Residential Trust    
Series 2025-SFR2, Class D (B) 3.555 04-17-42   496,889 460,689
Series 2025-SFR3, Class D (B) 3.390 07-17-42   600,000 546,680
Series 2025-SFR5, Class D (B) 4.000 10-17-42   349,639 328,732
Series 2026-SFR1, Class D (B) 4.000 02-17-43   400,000 372,404
Provident Funding Mortgage Trust    
Series 2025-4, Class A1 (B)(C) 6.000 09-25-55   342,765 345,121
RATE Mortgage Trust    
Series 2024-J3, Class B3 (B)(C) 6.394 10-25-54   439,508 417,173
Ready Capital Mortgage Trust    
Series 2019-5, Class E (B)(C) 5.157 02-25-52   250,000 228,046
Residential Mortgage Loan Trust    
Series 2019-3, Class B2 (B)(C) 5.664 09-25-59   354,000 351,572
Series 2020-2, Class B2 (B)(C) 5.400 05-25-60   250,000 248,026
RIDE Trust    
Series 2025-SHRE, Class E (B)(C) 7.288 02-14-47   500,000 515,213
ROCK Trust    
Series 2024-CNTR, Class D (B) 7.109 11-13-41   500,000 519,592
Sequoia Mortgage Trust    
Series 2024-1, Class B2 (B)(C) 5.565 01-25-54   288,371 280,405
Series 2025-1, Class A1 (B)(C) 6.000 01-25-55   279,066 280,985
Series 2025-12, Class A2 (B)(C) 5.000 12-25-55   701,831 687,136
Series 2025-3, Class A20 (B)(C) 5.500 04-25-55   395,150 392,131
Series 2025-4, Class A19 (B)(C) 6.000 04-25-55   292,219 294,045
Series 2025-S1, Class A1 (B)(C) 2.500 09-25-54   468,780 389,985
Series 2025-S2, Class A2 (B)(C) 3.500 11-25-55   580,758 526,409
Series 2026-1, Class A2 (B)(C) 4.500 02-25-56   731,701 703,662
SLG Office Trust    
Series 2026-OMA, Class E (B)(C) 6.956 04-15-41   500,000 502,063
Toorak Mortgage Trust    
Series 2024-RRTL2, Class A1 (5.504% to 3-25-27, then 6.504% thereafter) (B) 5.504 09-25-39   300,000 300,663
Towd Point Mortgage Trust    
Series 2019-4, Class B1B (B)(C) 3.500 10-25-59   315,000 245,644
Series 2024-4, Class A1A (B)(C) 4.546 10-27-64   730,570 731,178
TVC Mortgage Trust    
Series 2026-RRTL1, Class A1 (4.964% to 8-25-28, then 6.176% thereafter) (B) 4.964 02-25-41   500,000 497,503
VDCM Commercial Mortgage Trust    
Series 2025-AZ, Class B (B)(C) 4.950 07-13-44   300,000 299,313
Verus Securitization Trust    
Series 2021-1, Class A2 (B)(C) 1.052 01-25-66   51,845 47,403
Series 2021-3, Class A3 (B)(C) 1.437 06-25-66   54,097 48,376
Series 2024-2, Class A3 (6.501% to 2-1-28, then 7.501% thereafter) (B) 6.501 02-25-69   80,408 80,835
Series 2024-4, Class M1 (B)(C) 6.700 06-25-69   200,000 201,240
Series 2024-7, Class M1 (B)(C) 5.599 09-25-69   200,000 199,029
Visio Trust    
Series 2019-2, Class A1 (B)(C) 2.722 11-25-54   1,209 1,204
Series 2020-1, Class A3 (B)(C) 3.521 08-25-55   176,000 172,006
VTR Commercial Mortgage Trust    
Series 2025-STEM, Class D (B)(C) 6.060 10-13-39   500,000 492,943
Wells Fargo Commercial Mortgage Trust    
Series 2024-C63, Class A5 5.309 08-15-57   824,000 841,069
WHARF Commercial Mortgage Trust    
Series 2025-DC, Class D (B)(C) 6.171 07-15-40   350,000 354,793
U.S. Government Agency 2.8%     6,025,048
FARM Mortgage Trust    
Series 2025-1, Class A2 (B)(C) 5.220 08-01-55   350,000 326,049
Federal Home Loan Mortgage Corp.    
Series 2025-MN12, Class M2 (30 day Average SOFR + 2.750%) (B)(D) 6.412 11-25-45   400,000 399,525
Series 2026-MN13, Class M2 (30 day Average SOFR + 2.950%) (B)(D) 6.622 03-25-46   1,000,000 999,989
Series 5150, Class IS IO 0.931 08-25-51   1,741,000 122,853
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 68
Table of Contents
  Rate (%) Maturity date   Par value^ Value
U.S. Government Agency (continued)      
Series 5250, Class AY 2.000 01-25-55   449,984 $273,238
Series K109, Class X1 IO 1.566 04-25-30   1,931,572 101,371
Series K116, Class X1 IO 1.407 07-25-30   2,659,471 130,071
Series K118, Class X1 IO 0.945 09-25-30   3,120,891 110,004
Federal National Mortgage Association    
Series 2022-22, Class B 2.000 07-25-54   400,000 238,431
Series 2023-R04, Class 1B1 (30 day Average SOFR + 5.350%) (B)(D) 9.012 05-25-43   300,000 320,477
Series 2023-R06, Class 1B1 (30 day Average SOFR + 3.900%) (B)(D) 7.562 07-25-43   400,000 416,183
Series 2025-R06, Class 1B1 (30 day Average SOFR + 1.850%) (B)(D) 5.512 09-25-45   270,000 273,233
Government National Mortgage Association    
Series 2014-135, Class IO 0.415 01-16-56   12,494,785 259,258
Series 2017-159, Class IO 0.414 06-16-59   3,399,696 80,946
Series 2018-23, Class IO 0.575 11-16-59   1,191,721 38,027
Series 2021-178, Class IA IO 0.100 10-16-61   36,207,518 169,781
Series 2022-141, Class BC 2.100 06-16-64   265,000 143,426
Series 2023-197, Class IO 1.242 09-16-65   1,609,891 130,861
Series 2024-161, Class IO 0.740 06-16-64   6,747,756 376,952
Series 2024-193, Class IO 0.701 12-16-66   2,955,937 180,057
Series 2025-128, Class IO 0.926 09-16-67   3,581,811 283,369
Series 2025-3, Class IO 0.849 04-16-67   1,561,635 104,772
Series 2025-35, Class IO 0.763 09-16-66   5,477,396 311,027
Series 2025-73, Class IO 0.675 08-16-67   3,968,554 235,148
Asset-backed securities 15.0%         $31,822,187
(Cost $32,025,282)          
Asset-backed securities 15.0%     31,822,187
321 Henderson Receivables V LLC          
Series 2008-3A, Class A1 (B) 8.000 06-15-45   498,585 550,738
AMSR Trust          
Series 2024-SFR1, Class D (B) 4.290 07-17-41   1,005,000 966,832
Series 2025-SFR1, Class D (B) 3.655 06-17-42   900,000 831,603
Arby’s Funding LLC          
Series 2020-1A, Class A2 (B) 3.237 07-30-50   756,000 737,557
AutoNation Finance Trust          
Series 2026-1A, Class D (B) 5.070 01-11-34   570,000 566,208
Avis Budget Rental Car Funding AESOP LLC          
Series 2025-4A, Class C (B) 5.260 02-20-32   600,000 586,524
Blue Stream Issuer LLC          
Series 2024-1A, Class B (B) 6.043 11-20-54   250,000 252,033
Business Jet Securities LLC          
Series 2024-2A, Class A (B) 5.364 09-15-39   156,022 155,608
CARS-DB4 LP          
Series 2020-1A, Class A6 (B) 3.810 02-15-50   244,010 230,738
Series 2020-1A, Class B3 (B) 4.950 02-15-50   100,000 94,147
CARS-DB6 LP          
Series 2022-1A, Class B (B) 4.680 03-15-52   175,000 163,647
CCG Receivables Trust          
Series 2025-2, Class D (B) 5.080 08-15-34   235,000 233,680
CLI Funding VIII LLC          
Series 2021-1A, Class B (B) 2.380 02-18-46   134,407 124,217
Series 2022-1A, Class B (B) 3.120 01-18-47   263,253 239,094
Concord Music Royalties LLC          
Series 2024-1A, Class A (B) 5.644 10-20-74   200,000 200,775
Series 2025-2A, Class A (B) 5.785 07-20-75   250,000 251,856
Consolidated Communications LLC          
Series 2025-4A, Class A2 (B) 5.522 12-20-55   400,000 402,386
Series 2026-1A, Class B (B) 5.422 03-20-56   1,000,000 987,965
CyrusOne Data Centers Issuer I LLC          
Series 2024-3A, Class A2 (B) 4.650 05-20-49   550,000 522,368
DataBank Issuer LLC          
Series 2026-1A, Class A2 (B) 5.811 02-25-56   325,000 322,966
69 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Asset-backed securities (continued)      
DB Master Finance LLC          
Series 2025-1A, Class A2II (B) 5.165 08-20-55   628,425 $618,834
Dext ABS LLC          
Series 2023-2, Class D (B) 8.300 05-15-34   500,000 524,739
Diamond Infrastructure Funding LLC          
Series 2021-1A, Class C (B) 3.475 04-15-49   200,000 196,181
Domino’s Pizza Master Issuer LLC          
Series 2025-1A, Class A2II (B) 5.217 07-25-55   165,000 164,037
Driven Brands Funding LLC          
Series 2024-1A, Class A2 (B) 6.372 10-20-54   625,475 576,969
Series 2025-1A, Class A2 (B) 5.296 10-20-55   598,500 535,663
Elara HGV Timeshare Issuer LLC          
Series 2021-A, Class D (B) 3.320 08-27-35   43,030 41,038
Series 2025-A, Class D (B) 6.910 01-25-40   196,116 195,054
EnFin Residential Solar Receivables Trust          
Series 2024-1A, Class A (B) 6.650 02-20-55   486,266 448,420
ExteNet Issuer LLC          
Series 2024-1A, Class B (B) 6.150 07-25-54   300,000 302,959
FIP Master Funding LLC          
Series 2024-1A, Class A2 (B) 5.130 10-15-54   398,426 390,656
Flexential Issuer LLC          
Series 2025-1A, Class A2 (B) 6.030 10-25-60   500,000 496,578
Series 2025-2A, Class A2 (B) 6.460 10-25-60   500,000 495,794
Hotwire Funding LLC          
Series 2024-1A, Class B (B) 6.672 06-20-54   250,000 254,312
InStar Leasing III LLC          
Series 2021-1A, Class A (B) 2.300 02-15-54   1,165,456 1,111,423
Jersey Mike’s Funding LLC          
Series 2025-1A, Class A2 (B) 5.610 08-16-55   796,000 807,875
Series 2026-1A, Class A2 (B) 5.481 02-15-56   725,000 712,518
JG Wentworth XXXV LLC          
Series 2015-2A, Class A (B) 3.870 03-15-58   996,336 910,205
JGWPT XXX LLC          
Series 2013-3A, Class A (B) 4.080 01-17-73   589,314 561,324
Kinetic ABS Issuer LLC          
Series 2026-1A, Class B (B) 5.561 02-25-56   1,000,000 997,864
LMRK Issuer LLC          
Series 2025-1A, Class A (B) 5.520 09-15-55   805,000 803,062
MetroNet Infrastructure Issuer LLC          
Series 2025-2A, Class B (B) 5.590 08-20-55   250,000 250,505
Series 2025-2A, Class C (B) 7.830 08-20-55   260,000 263,890
Series 2025-4A, Class C (B) 7.112 12-20-55   400,000 396,817
MVW LLC          
Series 2023-2A, Class C (B) 7.060 11-20-40   42,401 43,414
Neighborly Issuer LLC          
Series 2022-1A, Class A2 (B) 3.695 01-30-52   817,920 770,590
Oxford Finance Credit Fund          
Series 2025-A, Class A2 (B) 5.878 08-14-34   250,000 248,374
Retained Vantage Data Centers Issuer LLC          
Series 2024-1A, Class B (B) 5.775 09-15-49   600,000 581,716
SEB Funding LLC          
Series 2024-1A, Class A2 (B) 7.386 04-30-54   620,000 631,017
ServiceMaster Funding LLC          
Series 2021-1, Class A2II (B) 3.113 07-30-51   473,245 406,891
SERVPRO Master Issuer LLC          
Series 2024-1A, Class A2 (B) 6.174 01-25-54   196,000 200,676
Sesac Finance LLC          
Series 2025-1, Class A2 (B) 5.500 07-25-55   420,000 411,717
Sierra Timeshare Receivables Funding LLC          
Series 2025-1A, Class D (B) 6.860 01-21-42   266,123 267,649
Series 2025-3A, Class C (B) 4.980 08-22-44   164,051 162,461
Sonic Capital LLC          
Series 2021-1A, Class A2II (B) 2.636 08-20-51   1,360,875 1,162,915
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 70
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Asset-backed securities (continued)      
STORE Master Funding LLC          
Series 2019-1, Class A2 (B) 3.650 11-20-49   549,180 $472,230
Series 2019-1, Class A4 (B) 4.490 11-20-49   116,200 104,273
Tricon Residential Trust          
Series 2024-SFR3, Class C (B) 5.250 08-17-41   500,000 496,723
Series 2024-SFR4, Class C (B) 4.800 11-17-41   350,000 343,440
Series 2024-SFR4, Class D (B) 5.350 11-17-41   350,000 346,884
Series 2025-SFR2, Class D (B) 6.065 08-17-44   649,354 642,337
Trinity Rail Leasing LP          
Series 2025-1A, Class A (B) 5.090 10-19-55   493,158 491,164
Uniti Fiber Issuer LLC          
Series 2025-1A, Class B (B) 6.369 04-20-55   885,000 899,463
VB-S1 Issuer LLC          
Series 2022-1A, Class C2II (B) 3.706 02-15-57   400,000 366,334
Series 2022-1A, Class F (B) 5.268 02-15-52   250,000 245,013
Series 2026-1A, Class F (B) 6.843 03-15-56   770,000 773,250
Venture XXX CLO, Ltd.          
Series 2017-30A, Class C (3 month CME Term SOFR + 2.212%) (B)(D) 5.884 01-15-31   100,000 99,791
Verdant Receivables LLC          
Series 2025-1A, Class D (B) 6.490 05-12-33   300,000 307,197
Willis Engine Structured Trust IX          
Series 2025-B, Class A (B) 5.159 12-15-50   296,587 295,403
Willis Engine Structured Trust V          
Series 2020-A, Class C (B) 6.657 03-15-45   128,210 126,756
Wingstop Funding LLC          
Series 2024-1A, Class A2 (B) 5.858 12-05-54   440,000 446,850
    
    Yield (%)   Shares Value
Short-term investments 4.2%         $9,049,300
(Cost $9,050,290)          
Short-term funds 4.2%         9,049,300
John Hancock Collateral Trust (E) 3.6657(F)   904,776 9,049,300
    
Total investments (Cost $220,311,506) 103.2%     $219,506,622
Other assets and liabilities, net (3.2%)       (6,843,429)
Total net assets 100.0%         $212,663,193
    
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund.
^All par values are denominated in U.S. dollars unless otherwise indicated.
Security Abbreviations and Legend
CME CME Group Published Rates
IO Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period.
SOFR Secured Overnight Financing Rate
TBA To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date.
(A) Security purchased or sold on a when-issued or delayed-delivery basis.
(B) This security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $76,112,649 or 35.8% of the fund’s net assets as of 3-31-26.
(C) Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end.
(D) Variable rate obligation. The coupon rate shown represents the rate at period end.
(E) Investment is an affiliate of the fund, the advisor and/or subadvisor.
(F) The rate shown is the annualized seven-day yield as of 3-31-26.
PREFERRED INCOME ETF
As of 3-31-26
  Rate (%) Maturity date   Par value^ Value
Corporate bonds 51.5%     $84,179,251
(Cost $84,192,869)          
Communication services 2.9%       4,759,014
Diversified telecommunication services 1.7%        
Bell Canada (6.875% to 9-15-30, then 5 Year CMT + 2.390%) 6.875 09-15-55   614,000 620,958
71 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Communication services (continued)        
Diversified telecommunication services (continued)        
TELUS Corp. (6.625% to 6-9-36, then 5 Year CMT + 2.515%) 6.625 06-09-56   1,044,000 $1,017,649
TELUS Corp. (7.000% to 10-15-35, then 5 Year CMT + 2.709%) 7.000 10-15-55   1,101,000 1,123,955
Wireless telecommunication services 1.2%        
Rogers Communications, Inc. (7.125% to 4-15-35, then 5 Year CMT + 2.620%) 7.125 04-15-55   1,206,000 1,234,085
SoftBank Group Corp. (8.250% to 10-29-35, then 5 Year CMT + 4.545% to 10-29-50, then 5 Year CMT + 4.595% to 10-29-55, then 5 Year CMT + 5.295%) 8.250 10-29-65   850,000 762,367
Consumer discretionary 0.2%       283,632
Broadline retail 0.2%        
Rakuten Group, Inc. (8.125% to 12-15-29, then 5 Year CMT + 4.250%) (A)(B) 8.125 12-15-29   286,000 283,632
Energy 6.9%       11,327,308
Oil, gas and consumable fuels 6.9%        
Enbridge, Inc. (7.200% to 6-27-34, then 5 Year CMT + 2.970%) 7.200 06-27-54   491,000 516,416
Enbridge, Inc. (7.375% to 1-15-28, then 5 Year CMT + 3.708% to 1-15-33, then 5 Year CMT + 3.958% to 1-15-48, then 5 Year CMT + 4.708%) 7.375 01-15-83   415,000 421,277
Enbridge, Inc. (8.500% to 1-15-34, then 5 Year CMT + 4.431% to 1-15-54, then 5 Year CMT + 5.181%) 8.500 01-15-84   472,000 531,036
Energy Transfer LP (6.625% to 2-15-28, then 3 month CME Term SOFR + 4.417%) (B) 6.625 02-15-28   998,000 994,645
Energy Transfer LP (6.750% to 2-15-36, then 5 Year CMT + 2.475%) 6.750 02-15-56   1,316,000 1,308,823
Energy Transfer LP (7.125% to 5-15-30, then 5 Year CMT + 5.306%) (B) 7.125 05-15-30   954,000 971,005
Phillips 66 Company (6.200% to 3-15-36, then 5 Year CMT + 2.166%) 6.200 03-15-56   1,596,000 1,588,830
South Bow Canadian Infrastructure Holdings, Ltd. (7.500% to 3-1-35, then 5 Year CMT + 3.667%) 7.500 03-01-55   1,181,000 1,229,638
Sunoco LP (7.875% to 9-18-30, then 5 Year CMT + 4.230%) (A)(B) 7.875 09-18-30   1,738,000 1,774,543
Venture Global LNG, Inc. (9.000% to 9-30-29, then 5 Year CMT + 5.440%) (A)(B) 9.000 09-30-29   1,999,000 1,991,095
Financials 22.2%       36,184,452
Banks 12.4%        
Banco Santander SA (9.625% to 11-21-33, then 5 Year CMT + 5.298%) (B) 9.625 05-21-33   650,000 750,537
Bank of America Corp. (6.125% to 4-27-27, then 5 Year CMT + 3.231%) (B) 6.125 04-27-27   914,000 915,680
Bank of America Corp. (6.250% to 7-26-30, then 5 Year CMT + 2.351%) (B) 6.250 07-26-30   493,000 495,969
Bank of America Corp. (6.625% to 5-1-30, then 5 Year CMT + 2.684%) (B) 6.625 05-01-30   575,000 589,516
Barclays PLC (9.625% to 6-15-30, then 5 Year SOFR ICE Swap Rate + 5.775%) (B) 9.625 12-15-29   565,000 616,277
BNP Paribas SA (6.875% to 12-15-33, then 5 Year CMT + 2.853%) (A)(B) 6.875 12-15-33   1,655,000 1,599,211
BNP Paribas SA (7.450% to 6-27-35, then 5 Year CMT + 3.134%) (A)(B) 7.450 06-27-35   719,000 721,721
Canadian Imperial Bank of Commerce (6.500% to 7-28-31, then 5 Year CMT + 2.727%) 6.500 07-28-86   1,275,000 1,246,278
Citigroup, Inc. (6.625% to 2-15-31, then 5 Year CMT + 3.001%) (B) 6.625 02-15-31   965,000 965,724
Citigroup, Inc. (6.875% to 8-15-30, then 5 Year CMT + 2.890%) (B) 6.875 08-15-30   1,192,000 1,200,413
Citigroup, Inc. (6.950% to 2-15-30, then 5 Year CMT + 2.726%) (B) 6.950 02-15-30   1,158,000 1,166,599
Citigroup, Inc. (7.375% to 5-15-28, then 5 Year CMT + 3.209%) (B) 7.375 05-15-28   535,000 552,768
Citigroup, Inc. (7.625% to 11-15-28, then 5 Year CMT + 3.211%) (B) 7.625 11-15-28   678,000 701,160
Citizens Financial Group, Inc. (3 month CME Term SOFR + 3.419%) (B)(C) 7.068 07-06-26   543,000 540,369
CoBank ACB (6.450% to 10-1-27, then 5 Year CMT + 3.487%) (B) 6.450 10-01-27   306,000 307,321
CoBank ACB (7.250% to 7-1-29, then 5 Year CMT + 2.880%) (B) 7.250 07-01-29   185,000 188,204
First Citizens BancShares, Inc. (7.000% to 12-15-30, then 5 Year CMT + 3.301%) (B) 7.000 12-15-30   898,000 898,859
HSBC Holdings PLC (7.050% to 12-5-30, then 5 Year CMT + 2.987%) (B) 7.050 06-05-30   499,000 502,672
Huntington Bancshares, Inc. (6.250% to 10-15-30, then 5 Year CMT + 2.653%) (B) 6.250 10-15-30   1,040,000 1,024,713
JPMorgan Chase & Co. (6.875% to 6-1-29, then 5 Year CMT + 2.737%) (B) 6.875 06-01-29   1,150,000 1,193,125
Royal Bank of Canada (6.500% to 11-24-35, then 5 Year CMT + 2.462%) 6.500 11-24-85   1,355,000 1,309,791
Societe Generale SA (7.125% to 1-15-36, then 5 Year CMT + 2.946%) (A)(B) 7.125 07-15-35   1,150,000 1,105,492
The Bank of Nova Scotia (8.625% to 10-27-27, then 5 Year CMT + 4.389%) 8.625 10-27-82   357,000 371,059
The PNC Financial Services Group, Inc. (6.200% to 9-15-27, then 5 Year CMT + 3.238%) (B) 6.200 09-15-27   557,000 558,237
The PNC Financial Services Group, Inc. (6.250% to 3-15-30, then 7 Year CMT + 2.808%) (B) 6.250 03-15-30   291,000 293,553
Wells Fargo & Company (7.625% to 9-15-28, then 5 Year CMT + 3.606%) (B) 7.625 09-15-28   398,000 418,092
Capital markets 4.0%        
Brookfield Finance, Inc. (6.300% to 1-15-35, then 5 Year CMT + 2.076%) 6.300 01-15-55   971,000 930,060
State Street Corp. (6.700% to 3-15-29, then 5 Year CMT + 2.613%) (B) 6.700 03-15-29   651,000 661,482
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 72
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Financials (continued)        
Capital markets (continued)        
The Bank of New York Mellon Corp. (5.625% to 3-20-31, then 5 Year CMT + 2.034%) (B) 5.625 03-20-31   875,000 $856,896
The Bank of New York Mellon Corp. (6.300% to 3-20-30, then 5 Year CMT + 2.297%) (B) 6.300 03-20-30   512,000 521,640
The Charles Schwab Corp. (4.000% to 12-1-30, then 10 Year CMT + 3.079%) (B) 4.000 12-01-30   228,000 210,908
The Charles Schwab Corp. (5.000% to 6-1-27, then 5 Year CMT + 3.256%) (B) 5.000 06-01-27   230,000 227,470
The Goldman Sachs Group, Inc. (6.125% to 11-10-34, then 10 Year CMT + 2.400%) (B) 6.125 11-10-34   454,000 451,638
The Goldman Sachs Group, Inc. (7.500% to 2-10-29, then 5 Year CMT + 3.156%) (B) 7.500 02-10-29   419,000 437,423
The Goldman Sachs Group, Inc. (7.500% to 5-10-29, then 5 Year CMT + 2.809%) (B) 7.500 05-10-29   285,000 298,577
UBS Group AG (7.000% to 8-5-35, then 5 Year SOFR ICE Swap Rate + 3.296%) (A)(B) 7.000 02-05-35   1,105,000 1,074,146
UBS Group AG (7.000% to 7-8-36, then 5 Year SOFR ICE Swap Rate + 3.321%) (A)(B) 7.000 01-08-36   935,000 903,884
Financial services 1.5%        
Apollo Global Management, Inc. (6.000% to 12-15-34, then 5 Year CMT + 2.168%) 6.000 12-15-54   457,000 428,483
Corebridge Financial, Inc. (6.875% to 12-1-30, then 5 Year CMT + 3.181%) (B) 6.875 12-01-30   890,000 906,890
HA Sustainable Infrastructure Capital, Inc. (7.125% to 11-15-31, then 5 Year CMT + 3.478%) 7.125 11-15-56   1,044,000 1,039,019
Insurance 4.3%        
Allianz SE (6.550% to 4-30-24, then 5 Year CMT + 2.317%) (A)(B) 6.550 10-30-33   573,000 574,069
American National Group, Inc. (7.000% to 12-1-30, then 5 Year CMT + 3.183%) 7.000 12-01-55   1,241,000 1,176,868
Athene Holding, Ltd. (6.625% to 10-15-34, then 5 Year CMT + 2.607%) 6.625 10-15-54   850,000 785,083
Global Atlantic Financial Company (7.950% to 10-15-29, then 5 Year CMT + 3.608%) (A) 7.950 10-15-54   1,083,000 1,042,779
Nippon Life Insurance Company (6.500% to 4-30-35, then 5 Year CMT + 3.189%) (A) 6.500 04-30-55   524,000 540,284
Reinsurance Group of America, Inc. (6.650% to 9-15-35, then 5 Year CMT + 2.392%) 6.650 09-15-55   703,000 699,871
SBL Holdings, Inc. (6.500% to 11-13-26, then 5 Year CMT + 5.620%) (A)(B) 6.500 11-13-26   1,396,000 1,152,958
SBL Holdings, Inc. (9.508% to 5-13-30, then 5 Year CMT + 5.580%) (A)(B) 9.508 05-13-30   1,057,000 1,030,684
Health care 0.6%       960,508
Health care providers and services 0.6%        
CVS Health Corp. (7.000% to 3-10-30, then 5 Year CMT + 2.886%) 7.000 03-10-55   932,000 960,508
Industrials 0.2%       382,840
Machinery 0.2%        
Stanley Black & Decker, Inc. (6.707% to 3-15-30, then 5 Year CMT + 2.657%) 6.707 03-15-60   392,000 382,840
Real estate 0.4%       679,849
Residential REITs 0.4%        
BW Real Estate, Inc. (9.500% to 3-30-30, then 5 Year CMT + 5.402%) (A)(B) 9.500 03-30-30   679,000 679,849
Utilities 18.1%       29,601,648
Electric utilities 10.2%        
American Electric Power Company, Inc. (6.050% to 3-15-36, then 5 Year CMT + 1.940%) 6.050 03-15-56   1,155,000 1,144,691
Brookfield Infrastructure Finance ULC (6.750% to 3-15-30, then 5 Year CMT + 2.453%) 6.750 03-15-55   1,559,000 1,543,079
Duke Energy Corp. (6.450% to 9-1-34, then 5 Year CMT + 2.588%) 6.450 09-01-54   577,000 595,834
Emera US Finance LLC (6.850% to 10-1-36, then 5 Year CMT + 2.648%) 6.850 10-01-56   745,000 745,901
Entergy Corp. (7.125% to 12-1-29, then 5 Year CMT + 2.670%) 7.125 12-01-54   501,000 513,364
EUSHI Finance, Inc. (7.625% to 12-15-29, then 5 Year CMT + 3.136%) 7.625 12-15-54   1,184,000 1,222,089
Evergy, Inc. (6.650% to 6-1-30, then 5 Year CMT + 2.558%) 6.650 06-01-55   1,362,000 1,371,185
Eversource Energy (6.350% to 8-15-36, then 5 Year CMT + 2.325%) 6.350 08-15-56   960,000 946,998
Exelon Corp. (6.500% to 3-15-35, then 5 Year CMT + 1.975%) 6.500 03-15-55   986,000 1,005,289
NextEra Energy Capital Holdings, Inc. (6.375% to 8-15-30, then 5 Year CMT + 2.053%) 6.375 08-15-55   564,000 574,576
NRG Energy, Inc. (10.250% to 3-15-28, then 5 Year CMT + 5.920%) (A)(B) 10.250 03-15-28   1,334,000 1,439,014
PG&E Corp. (6.850% to 9-15-31, then 5 Year CMT + 3.225%) 6.850 09-15-56   835,000 825,087
PG&E Corp. (7.375% to 3-15-30, then 5 Year CMT + 3.883%) 7.375 03-15-55   728,000 732,670
Puget Energy, Inc. (7.000% to 9-15-31, then 5 Year CMT + 2.961%) (A) 7.000 09-15-56   950,000 942,761
Sierra Pacific Power Company (6.200% to 12-15-30, then 5 Year CMT + 2.549%) 6.200 12-15-55   614,000 597,190
The Southern Company (6.000% to 4-1-33, then 5 Year CMT + 1.993%) 6.000 04-01-58   950,000 954,761
TXNM Energy, Inc. (7.000% to 7-31-31, then 5 Year CMT + 3.254%) (A) 7.000 07-31-56   1,566,000 1,560,963
Gas utilities 2.8%        
AltaGas, Ltd. (7.200% to 10-15-34, then 5 Year CMT + 3.573%) (A) 7.200 10-15-54   1,605,000 1,627,433
73 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Utilities (continued)        
Gas utilities (continued)        
Northwest Natural Holding Company (7.000% to 9-15-35, then 5 Year CMT + 2.701%) 7.000 09-15-55   1,379,000 $1,393,540
Spire, Inc. (6.450% to 6-1-36, then 5 Year CMT + 2.327%) 6.450 06-01-56   1,519,000 1,515,045
Independent power and renewable electricity producers 1.6%        
The AES Corp. (7.600% to 1-15-30, then 5 Year CMT + 3.201%) 7.600 01-15-55   1,019,000 1,010,765
Vistra Corp. (8.000% to 10-15-26, then 5 Year CMT + 6.930%) (A)(B) 8.000 10-15-26   522,000 527,533
Vistra Corp. (8.875% to 1-15-29, then 5 Year CMT + 5.045%) (A)(B) 8.875 01-15-29   950,000 1,024,115
Multi-utilities 3.5%        
CenterPoint Energy, Inc. (6.850% to 2-15-35, then 5 Year CMT + 2.946%) 6.850 02-15-55   817,000 856,022
CMS Energy Corp. (6.500% to 6-1-35, then 5 Year CMT + 1.961%) 6.500 06-01-55   1,020,000 1,038,396
Dominion Energy, Inc. (6.200% to 2-15-36, then 5 Year CMT + 2.006%) 6.200 02-15-56   999,000 990,213
Dominion Energy, Inc. (6.625% to 5-15-35, then 5 Year CMT + 2.207%) 6.625 05-15-55   1,163,000 1,180,803
NiSource, Inc. (6.950% to 11-30-29, then 5 Year CMT + 2.451%) 6.950 11-30-54   186,000 191,264
Sempra (6.400% to 10-1-34, then 5 Year CMT + 2.632%) 6.400 10-01-54   1,109,000 1,105,534
Sempra (6.875% to 10-1-29, then 5 Year CMT + 2.789%) 6.875 10-01-54   421,000 425,533
U.S. Government and Agency obligations 0.5%     $863,764
(Cost $854,378)          
U.S. Government Agency 0.5%         863,764
Farm Credit Bank of Texas
Bond (7.000% to 9-15-30, then 5 Year CMT + 3.010%) (B) 		7.000 09-15-30   843,000 863,764
Capital preferred securities 0.2%     $279,218
(Cost $283,073)          
Financials 0.2%       279,218
Insurance 0.2%        
MetLife Capital Trust IV (7.875% to 12-15-37, then 3 month CME Term SOFR + 4.222%) (A) 7.875 12-15-37   259,000 279,218
    
        Shares Value
Preferred securities 45.4%     $74,207,190
(Cost $76,417,634)          
Communication services 3.1%       5,044,488
Diversified telecommunication services 0.9%        
AT&T, Inc., 5.000%       72,750 1,428,810
Wireless telecommunication services 2.2%        
Array Digital Infrastructure, Inc., 5.500%       5,757 101,438
Array Digital Infrastructure, Inc., 6.250%       28,534 572,963
Telephone & Data Systems, Inc., 6.000%       56,083 991,547
Telephone & Data Systems, Inc., 6.625%       31,463 629,575
T-Mobile USA, Inc., 6.250%       54,597 1,320,155
Consumer discretionary 0.3%       458,640
Household durables 0.3%        
Whirlpool Corp., 8.500%       11,200 458,640
Energy 1.4%       2,229,586
Oil, gas and consumable fuels 1.4%        
NGL Energy Partners LP, 11.147% (3 month CME Term SOFR + 7.475%) (C)       46,650 1,151,322
TransCanada PipeLines, Ltd., 6.250%       45,458 1,078,264
Financials 27.8%       45,457,684
Banks 12.8%        
Associated Banc-Corp., 6.625% (6.625% to 3-1-28, then 5 Year CMT + 2.812%)       28,503 698,894
Banc of California, Inc., 7.750% (7.750% to 9-1-27, then 5 Year CMT + 4.820%)       41,663 1,035,742
Bank of America Corp., 6.450%       9,301 237,827
Bank of America Corp., 7.250%       649 773,322
Bank of America Corp., 5.000%       40,741 821,746
Bank of Hawaii Corp., 8.000%       8,579 225,199
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 74
Table of Contents
        Shares Value
Financials (continued)        
Banks (continued)        
Citigroup Capital XIII, 10.298% (3 month CME Term SOFR + 6.632%) (C)       18,761 $550,635
Citizens Financial Group, Inc., 6.500% (6.500% to 10-6-30, then 5 Year CMT + 2.629%)       43,697 1,086,307
Citizens Financial Group, Inc., 7.375%       17,641 447,552
Fifth Third Bancorp, 6.000%       13,513 311,475
Fifth Third Bancorp, 6.875% (6.875% to 10-1-30, then 5 Year CMT + 3.125%)       40,001 1,042,426
First Busey Corp., 8.250%       16,914 427,755
First Citizens BancShares, Inc., 6.625% (6.625% to 3-15-31, then 5 Year CMT + 2.830%)       42,375 1,047,510
First Horizon Corp., 6.750%       42,850 1,060,538
Huntington Bancshares, Inc., 6.875% (6.875% to 4-15-28, then 5 Year CMT + 2.704%)       19,501 479,920
JPMorgan Chase & Co., 4.200%       41,328 723,240
KeyCorp, 5.650%       52,251 1,086,821
KeyCorp, 6.125% (6.125% to 12-15-26, then 3 month CME Term SOFR + 4.154%)       15,195 375,317
KeyCorp, 6.200% (6.200% to 12-15-27, then 5 Year CMT + 3.132%)       27,944 663,111
Live Oak Bancshares, Inc., 8.375%       14,995 374,875
M&T Bank Corp., 5.625% (5.625% to 12-15-26, then 3 month ICE Term SOFR + 4.280%)       20,427 503,730
M&T Bank Corp., 6.350%       37,168 932,173
M&T Bank Corp., 7.500%       11,860 303,972
Pinnacle Financial Partners, Inc., 7.313% (3 month CME Term SOFR + 3.614%) (C)       3,787 97,364
Pinnacle Financial Partners, Inc., 8.397% (8.397% to 7-1-29, then 5 Year CMT + 4.127%)       39,680 1,014,618
Regions Financial Corp., 4.450%       25,388 413,824
Regions Financial Corp., 6.950% (6.950% to 9-15-29, then 5 Year CMT + 2.771%)       36,436 907,256
Truist Financial Corp., 4.750%       54,316 984,749
U.S. Bancorp, 5.500%       28,608 614,786
UMB Financial Corp., 7.750% (7.750% to 7-15-30, then 5 Year CMT + 3.743%)       12,885 328,696
Wells Fargo & Company, 7.500%       309 356,895
WesBanco, Inc., 7.375% (7.375% to 10-1-30, then 5 Year CMT + 3.795%)       25,679 643,259
Wintrust Financial Corp., 7.875% (7.875% to 7-15-30, then 5 Year CMT + 3.878%)       13,342 343,823
Capital markets 4.3%        
Affiliated Managers Group, Inc., 6.750%       51,790 1,160,096
Brookfield Finance, Inc., 4.625%       30,100 456,015
Carlyle Finance LLC, 4.625%       26,088 456,540
KKR & Company, Inc., 6.250%       20,350 818,477
Morgan Stanley, 6.375%       17,889 439,354
Morgan Stanley, 6.500%       10,465 260,265
Morgan Stanley, 6.625%       5,299 133,747
Morgan Stanley, 6.875%       32,960 825,648
Morgan Stanley, 7.125%       18,670 469,924
The Bank of New York Mellon Corp., 6.150% (6.150% to 3-20-30, then 5 Year CMT + 2.161%)       9,777 244,425
The Charles Schwab Corp., 4.450%       45,000 795,600
TPG Operating Group II LP, 6.950%       39,354 983,063
Consumer finance 1.5%        
Capital One Financial Corp., 4.800%       51,904 925,448
Capital One Financial Corp., 5.000%       35,065 653,962
Synchrony Financial, 8.250% (8.250% to 5-15-29, then 5 Year CMT + 4.044%)       32,841 826,936
Financial services 2.3%        
Apollo Global Management, Inc., 7.625% (7.625% to 12-15-28, then 5 Year CMT + 3.226%)       18,228 463,538
Corebridge Financial, Inc., 6.375%       11,621 264,610
Equitable Holdings, Inc., 5.250%       58,475 1,135,000
Jackson Financial, Inc., 8.000% (8.000% to 3-30-28, then 5 Year CMT + 3.728%)       33,931 846,578
KKR Group Finance Company IX LLC, 4.625%       51,620 825,920
National Rural Utilities Cooperative Finance Corp., 5.500%       7,576 173,869
Insurance 6.9%        
AEGON Funding Company LLC, 5.100%       42,533 806,000
American Financial Group, Inc., 5.125%       22,068 398,769
American National Group, Inc., 7.375%       58,715 1,385,674
75 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
        Shares Value
Financials (continued)        
Insurance (continued)        
Arch Capital Group, Ltd., 4.550%       45,925 $754,548
Aspen Insurance Holdings, Ltd., 7.000%       15,186 353,834
Assurant, Inc., 5.250%       36,620 728,738
Athene Holding, Ltd., 6.350% (6.350% to 6-30-29, then 3 month CME Term SOFR + 4.515%)       46,869 1,107,514
Athene Holding, Ltd., 7.750% (7.750% to 12-30-27, then 5 Year CMT + 3.962%)       20,826 517,734
Brighthouse Financial, Inc., 5.375%       58,190 698,280
F&G Annuities & Life, Inc., 7.300%       25,825 519,083
F&G Annuities & Life, Inc., 7.950%       16,996 423,370
Lincoln National Corp., 9.000%       12,919 337,703
Reinsurance Group of America, Inc., 7.125% (7.125% to 10-15-27, then 5 Year CMT + 3.456%)       20,396 518,262
RenaissanceRe Holdings, Ltd., 4.200%       69,254 1,046,428
The Allstate Corp., 7.375%       5,080 129,235
Unum Group, 6.250%       31,875 729,300
W.R. Berkley Corp., 5.100%       49,171 928,840
Information technology 1.2%       2,065,371
Software 1.2%        
Oracle Corp., 6.500%       17,950 807,930
Strategy, Inc., 10.000%       16,578 1,257,441
Real estate 1.4%       2,240,902
Diversified REITs 0.3%        
Global Net Lease, Inc., 7.500%       18,293 410,129
Hotel and resort REITs 0.3%        
Pebblebrook Hotel Trust, 6.375%       22,922 444,687
Office REITs 0.3%        
Vornado Realty Trust, 5.400%       33,839 548,192
Specialized REITs 0.5%        
Public Storage, 4.625%       47,825 837,894
Utilities 10.2%       16,710,519
Electric utilities 7.2%        
Duke Energy Corp., 5.750%       19,549 475,041
NextEra Energy Capital Holdings, Inc., 6.500%       49,994 1,240,351
NextEra Energy Capital Holdings, Inc., 6.500%       20,000 499,200
NextEra Energy, Inc., 7.234%       13,252 696,260
NextEra Energy, Inc., 7.375%       15,500 778,565
PG&E Corp., 6.000%       10,337 444,388
PPL Corp., 7.000%       22,450 1,151,461
SCE Trust VII, 7.500%       48,698 1,192,127
SCE Trust VIII, 6.950%       59,626 1,411,944
The Southern Company, 4.950%       32,573 628,659
The Southern Company, 6.500%       28,845 717,952
The Southern Company, 7.125%       24,977 1,283,818
Xcel Energy, Inc., 6.250%       48,374 1,193,870
Independent power and renewable electricity producers 0.5%        
Brookfield BRP Holdings Canada, Inc., 4.625%       61,451 891,654
Multi-utilities 2.5%        
Algonquin Power & Utilities Corp., 7.954% (3 month CME Term SOFR + 4.272% to 7-1-29, then 3 month CME Term SOFR + 4.522% to 7-1-49, then 3 month CME Term SOFR + 5.272%) (C)       18,743 488,817
CMS Energy Corp., 5.625%       8,759 186,742
CMS Energy Corp., 5.875%       16,187 354,495
CMS Energy Corp., 5.875%       24,477 540,942
DTE Energy Company, 5.250%       29,214 600,348
DTE Energy Company, 6.250%       61,948 1,473,743
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 76
Table of Contents
        Shares Value
Utilities (continued)        
Multi-utilities (continued)        
Sempra, 5.750%       22,337 $460,142
    
    Yield (%)   Shares Value
Short-term investments 0.7%     $1,131,171
(Cost $1,131,314)          
Short-term funds 0.7%         1,131,171
John Hancock Collateral Trust (D) 3.6657(E)   113,098 1,131,171
Total investments (Cost $162,879,268) 98.3%       $160,660,594
Other assets and liabilities, net 1.7%       2,703,664
Total net assets 100.0%         $163,364,258
    
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund unless otherwise indicated.
^All par values are denominated in U.S. dollars unless otherwise indicated.
Security Abbreviations and Legend
CME CME Group Published Rates
CMT Constant Maturity Treasury
ICE Intercontinental Exchange
SOFR Secured Overnight Financing Rate
(A) This security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $21,875,384 or 13.4% of the fund’s net assets as of 3-31-26.
(B) Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(C) Variable rate obligation. The coupon rate shown represents the rate at period end.
(D) Investment is an affiliate of the fund, the advisor and/or subadvisor.
(E) The rate shown is the annualized seven-day yield as of 3-31-26.
The fund had the following country composition as a percentage of net assets on 3-31-26:
United States 82.7%
Canada 10.2%
France 2.1%
Bermuda 1.3%
Switzerland 1.2%
Japan 1.0%
Other countries 1.5%
TOTAL 100.0%
77 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
Financial statements
STATEMENTS OF ASSETS AND LIABILITIES 3-31-26
  Core Bond ETF Core Plus Bond ETF Corporate Bond ETF Dynamic Municipal Bond ETF High Yield ETF
Assets          
Unaffiliated investments, at value 2,194,006,730 $94,394,054 $105,382,582 $39,927,424 $70,295,098
Affiliated investments, at value 7,555,014 444,508 551,429 1,114,292 2,638,707
Total investments, at value 2,201,561,744 94,838,562 105,934,011 41,041,716 72,933,805
Receivable for futures variation margin 228 — — — —
Cash — — — — 219
Collateral held at broker for futures contracts 4,000 — — — —
Dividends and interest receivable 15,559,465 744,161 1,291,663 527,188 1,284,321
Receivable for fund shares sold — 1,253,141 — 1,296,986 1,261,799
Receivable for investments sold 7,799,782 — 569,843 — 724,293
Receivable for delayed-delivery securities sold — 2,973,004 — — —
Receivable for securities lending income 521 238 — — 4,981
Receivable from affiliates — — — 572 —
Other assets 3,807 16,850 9,545 6,646 7,224
Total assets 2,224,929,547 99,825,956 107,805,062 42,873,108 76,216,642
Liabilities          
Payable for investments purchased 3,409,171 1,160,128 980,704 — 950,308
Payable for delayed-delivery securities purchased 1,091,287 3,079,701 — — —
Payable for fund shares repurchased 1,264,278 — — — —
Payable upon return of securities loaned 406,000 272,335 — — 2,639,533
Payable to affiliates          
Investment management fees 506,741 19,967 17,336 — 14,898
Accounting and legal services fees 38,694 3,821 4,784 1,954 3,530
Trustees’ fees — 4 48 114 157
Other liabilities and accrued expenses 56,364 51,342 73,763 70,481 57,200
Total liabilities 6,772,535 4,587,298 1,076,635 72,549 3,665,626
Net assets $2,218,157,012 $95,238,658 $106,728,427 $42,800,559 $72,551,016
Net assets consist of          
Paid-in capital $2,261,169,544 $95,406,772 $110,973,615 $42,213,609 $73,627,366
Total distributable earnings (loss) (43,012,532) (168,114) (4,245,188) 586,950 (1,076,350)
Net assets $2,218,157,012 $95,238,658 $106,728,427 $42,800,559 $72,551,016
Unaffiliated investments, at cost $2,238,147,911 $94,613,846 $107,216,874 $39,474,777 $71,380,169
Affiliated investments, at cost $7,554,863 $444,462 $551,462 $1,114,331 $2,638,810
Securities loaned, at value $397,791 $267,466 — — $3,624,281
Net asset value per share          
Based on net asset values and shares outstanding-the fund has an unlimited number of shares authorized with no par value.          
Net assets $2,218,157,012 $95,238,658 $106,728,427 $42,800,559 $72,551,016
Shares outstanding 87,725,000 3,800,000 5,050,000 1,650,000 2,875,000
Net asset value per share $25.29 $25.06 $21.13 $25.94 $25.24
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 78
Table of Contents
STATEMENTS OF ASSETS AND LIABILITIES 3-31-26
Continued
  Mortgage-Backed Securities ETF Preferred Income ETF
Assets    
Unaffiliated investments, at value $210,457,322 $159,529,423
Affiliated investments, at value 9,049,300 1,131,171
Total investments, at value 219,506,622 160,660,594
Cash — 205,565
Dividends and interest receivable 816,290 1,459,694
Receivable for fund shares sold — 2,245,569
Receivable for investments sold 4,836,406 —
Receivable for delayed-delivery securities sold 421,870 —
Other assets 14,723 11,672
Total assets 225,595,911 164,583,094
Liabilities    
Payable for investments purchased 6,414,787 1,068,939
Payable for delayed-delivery securities purchased 6,367,024 —
Payable to affiliates    
Investment management fees 57,949 62,397
Accounting and legal services fees 9,594 6,986
Other liabilities and accrued expenses 83,364 80,514
Total liabilities 12,932,718 1,218,836
Net assets $212,663,193 $163,364,258
Net assets consist of    
Paid-in capital $214,788,500 $166,700,485
Total distributable earnings (loss) (2,125,307) (3,336,227)
Net assets $212,663,193 $163,364,258
Unaffiliated investments, at cost $211,261,216 $161,747,954
Affiliated investments, at cost $9,050,290 $1,131,314
Net asset value per share    
Based on net asset values and shares outstanding-the fund has an unlimited number of shares authorized with no par value.    
Net assets $212,663,193 $163,364,258
Shares outstanding 9,675,000 7,275,000
Net asset value per share $21.98 $22.46
79 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
STATEMENTS OF OPERATIONS For the period ended 3-31-26 and the year ended 4-30-25  
  Core Bond ETF Core Plus Bond ETF Corporate Bond ETF
  Period ended 3-31-261 Period ended 4-30-252 Period ended 3-31-261 Period ended 4-30-252 Period ended 3-31-261 Year ended 4-30-25
Investment income            
Interest $10,779,736 $182,828 $2,901,258 $857,254 $3,805,389 $2,928,752
Dividends from affiliated investments 65,126 1,890 25,990 9,723 15,481 15,187
Securities lending, net 596 — 2,050 56 — —
Total investment income 10,845,458 184,718 2,929,298 867,033 3,820,870 2,943,939
Expenses            
Investment management fees 537,441 8,708 174,498 50,148 174,531 131,236
Accounting and legal services fees 40,484 682 10,772 3,022 13,466 9,580
Transfer agent fees 7,917 833 7,917 833 9,167 10,000
Trustees’ fees 1,266 310 1,116 432 1,422 1,644
Custodian fees 37,747 8,234 35,840 10,246 57,811 62,637
Printing and postage 19,274 6,490 18,977 6,475 21,000 19,996
Professional fees 60,236 34,516 55,643 42,789 34,875 31,203
Stock exchange listing fees 24,238 3,000 24,238 3,000 17,926 17,575
Other 4,511 110 5,413 46 7,485 8,089
Total expenses 733,114 62,883 334,414 116,991 337,683 291,960
Less expense reductions (83,590) (52,348) (131,127) (58,682) (126,497) (133,383)
Net expenses 649,524 10,535 203,287 58,309 211,186 158,577
Net investment income 10,195,934 174,183 2,726,011 808,724 3,609,684 2,785,362
Realized and unrealized gain (loss)            
Net realized gain (loss) on            
Unaffiliated investments and foreign currency transactions (3,767,095) (6,486) (100,804) (44,490) 92,411 (431,171)
Affiliated investments (4,137) 11 (398) 134 (46) 281
Futures contracts 1,826 1,825 3,029 9,472 — —
Redemptions in-kind (440,366) — — (3,152) 201,847 184,727
  (4,209,772) (4,650) (98,173) (38,036) 294,212 (246,163)
Change in net unrealized appreciation (depreciation) of            
Unaffiliated investments (44,154,942) 13,761 (424,939) 205,147 (1,021,247) 1,391,665
Affiliated investments 147 4 19 27 (38) 4
Futures contracts (1,838) — — — — —
  (44,156,633) 13,765 (424,920) 205,174 (1,021,285) 1,391,669
Net realized and unrealized gain (loss) (48,366,405) 9,115 (523,093) 167,138 (727,073) 1,145,506
Increase (decrease) in net assets from operations $(38,170,471) $183,298 $2,202,918 $975,862 $2,882,611 $3,930,868
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Period from 12-17-24 (commencement of operations) to 4-30-25.
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 80
Table of Contents
STATEMENTS OF OPERATIONS For the period ended 3-31-26 and the year ended 4-30-25  
Continued
    
  Dynamic Municipal Bond ETF High Yield ETF
  Period ended 3-31-261 Year ended 4-30-25 Period ended 3-31-261 Year ended 4-30-252
Investment income        
Dividends from unaffiliated investments — — $33,492 $15,155
Interest $1,304,354 $1,029,989 3,659,905 2,506,140
Dividends from affiliated investments 58,225 32,301 — —
Securities lending, net — — 6,411 —
Total investment income 1,362,579 1,062,290 3,699,808 2,521,295
Expenses        
Investment management fees 98,583 76,757 229,061 148,877
Accounting and legal services fees 5,780 4,274 9,750 6,069
Transfer agent fees 9,167 10,000 9,167 6,250
Trustees’ fees 729 995 1,142 1,140
Custodian fees 48,615 37,315 43,274 28,265
Printing and postage 20,347 16,306 20,520 21,892
Professional fees 29,490 61,188 31,607 102,413
Stock exchange listing fees 17,209 24,181 19,861 13,745
Other 6,573 5,611 7,384 4,331
Total expenses 236,493 236,627 371,766 332,982
Less expense reductions (115,832) (143,044) (106,945) (160,648)
Net expenses 120,661 93,583 264,821 172,334
Net investment income 1,241,918 968,707 3,434,987 2,348,961
Realized and unrealized gain (loss)        
Net realized gain (loss) on        
Unaffiliated investments and foreign currency transactions 100,257 204,978 153,933 451,367
Affiliated investments 103 564 (722) —
Redemptions in-kind 39,048 — 145,512 (32,968)
  139,408 205,542 298,723 418,399
Change in net unrealized appreciation (depreciation) of        
Unaffiliated investments 276,965 (547,804) (748,408) (336,663)
Affiliated investments (239) 213 (103) —
  276,726 (547,591) (748,511) (336,663)
Net realized and unrealized gain (loss) 416,134 (342,049) (449,788) 81,736
Increase in net assets from operations $1,658,052 $626,658 $2,985,199 $2,430,697
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Period from 5-1-24 (commencement of operations) to 4-30-25.
81 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
STATEMENTS OF OPERATIONS For the period ended 3-31-26 and the year ended 4-30-25  
Continued
    
  Mortgage-Backed Securities ETF Preferred Income ETF
  Period ended 3-31-261 Year ended 4-30-25 Period ended 3-31-261 Year ended 4-30-25
Investment income        
Dividends from unaffiliated investments — — $3,197,250 $1,671,115
Interest $7,856,544 $3,348,329 3,645,410 1,509,818
Dividends from affiliated investments 233,713 61,703 149,573 53,697
Less foreign taxes withheld — — (1,378) (4,788)
Total investment income 8,090,257 3,410,032 6,990,855 3,229,842
Expenses        
Investment management fees 530,798 223,107 515,388 231,603
Accounting and legal services fees 29,061 11,981 19,591 8,504
Transfer agent fees 8,832 10,000 9,167 10,000
Trustees’ fees 2,903 1,782 1,766 1,438
Custodian fees 68,008 71,947 61,049 66,216
Printing and postage 21,978 21,047 22,465 23,109
Professional fees 43,568 31,339 35,431 31,362
Stock exchange listing fees 17,986 17,075 17,926 17,575
Other 12,084 8,416 13,563 12,658
Total expenses 735,218 396,694 696,346 402,465
Less expense reductions (124,866) (140,777) (127,066) (147,189)
Net expenses 610,352 255,917 569,280 255,276
Net investment income 7,479,905 3,154,115 6,421,575 2,974,566
Realized and unrealized gain (loss)        
Net realized gain (loss) on        
Unaffiliated investments and foreign currency transactions 147,776 (234,486) 431,625 (126,626)
Affiliated investments (20) (453) (320) 169
Futures contracts 47,378 29,358 — —
Redemptions in-kind — — 274,268 255,230
  195,134 (205,581) 705,573 128,773
Change in net unrealized appreciation (depreciation) of        
Unaffiliated investments 50,608 2,008,614 (1,532,042) (510,826)
Affiliated investments (1,376) 395 (357) 287
Futures contracts (47,253) 106,551 — —
  1,979 2,115,560 (1,532,399) (510,539)
Net realized and unrealized gain (loss) 197,113 1,909,979 (826,826) (381,766)
Increase in net assets from operations $7,677,018 $5,064,094 $5,594,749 $2,592,800
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 82
Table of Contents
STATEMENTS OF CHANGES IN NET ASSETS  
  Core Bond ETF Core Plus Bond ETF Corporate Bond ETF
  Period ended
3-31-261 		Period ended
4-30-252 		Period ended
3-31-261 		Period ended
4-30-252 		Period ended
3-31-261 		Year ended
4-30-25 		Year ended
4-30-24
Increase (decrease) in net assets              
From operations              
Net investment income $10,195,934 $174,183 $2,726,011 $808,724 $3,609,684 $2,785,362 $1,381,387
Net realized gain (loss) (4,209,772) (4,650) (98,173) (38,036) 294,212 (246,163) (969,908)
Change in net unrealized appreciation (depreciation) (44,156,633) 13,765 (424,920) 205,174 (1,021,285) 1,391,669 (32,959)
Increase (decrease) in net assets resulting from operations (38,170,471) 183,298 2,202,918 975,862 2,882,611 3,930,868 378,520
Distributions to shareholders              
From earnings (5,321,422) (156,056) (2,646,559) (714,661) (3,589,964) (2,826,237) (1,390,640)
Total distributions (5,321,422) (156,056) (2,646,559) (714,661) (3,589,964) (2,826,237) (1,390,640)
From fund share transactions              
Shares issued 2,306,757,366 10,000,000 46,951,218 49,714,825 59,820,992 13,668,629 25,006,247
Shares repurchased (55,135,703) — — (1,244,945) (8,085,775) (7,343,827) —
Total from fund share transactions 2,251,621,663 10,000,000 46,951,218 48,469,880 51,735,217 6,324,802 25,006,247
Total increase 2,208,129,770 10,027,242 46,507,577 48,731,081 51,027,864 7,429,433 23,994,127
Net assets              
Beginning of year 10,027,242 — 48,731,081 — 55,700,563 48,271,130 24,277,003
End of year $2,218,157,012 $10,027,242 $95,238,658 $48,731,081 $106,728,427 $55,700,563 $48,271,130
Share activity              
Shares outstanding              
Beginning of year 400,000 — 1,950,000 — 2,650,000 2,350,000 1,150,000
Shares issued 89,500,000 400,000 1,850,000 2,000,000 2,775,000 650,000 1,200,000
Shares repurchased (2,175,000) — — (50,000) (375,000) (350,000) —
End of year 87,725,000 400,000 3,800,000 1,950,000 5,050,000 2,650,000 2,350,000
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Period from 12-17-24 (commencement of operations) to 4-30-25.
83 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
STATEMENTS OF CHANGES IN NET ASSETS  
Continued
    
  Dynamic Municipal Bond ETF High Yield ETF
  Period ended
3-31-261 		Year ended
4-30-25 		Period ended
4-30-242 		Period ended
3-31-261 		Year ended
4-30-253
Increase (decrease) in net assets          
From operations          
Net investment income $1,241,918 $968,707 $442,666 $3,434,987 $2,348,961
Net realized gain 139,408 205,542 568,695 298,723 418,399
Change in net unrealized appreciation (depreciation) 276,726 (547,591) 723,473 (748,511) (336,663)
Increase in net assets resulting from operations 1,658,052 626,658 1,734,834 2,985,199 2,430,697
Distributions to shareholders          
From earnings (1,201,606) (1,799,956) (391,984) (3,769,671) (2,618,518)
Total distributions (1,201,606) (1,799,956) (391,984) (3,769,671) (2,618,518)
From fund share transactions          
Shares issued 18,819,993 5,175,079 21,349,127 43,292,232 36,566,569
Shares repurchased (1,904,827) (1,264,811) — (4,492,008) (1,843,484)
Total from fund share transactions 16,915,166 3,910,268 21,349,127 38,800,224 34,723,085
Total increase 17,371,612 2,736,970 22,691,977 38,015,752 34,535,264
Net assets          
Beginning of year 25,428,947 22,691,977 — 34,535,264 —
End of year $42,800,559 $25,428,947 $22,691,977 $72,551,016 $34,535,264
Share activity          
Shares outstanding          
Beginning of year 1,000,000 850,000 — 1,375,000 —
Shares issued 725,000 200,000 850,000 1,675,000 1,450,000
Shares repurchased (75,000) (50,000) — (175,000) (75,000)
End of year 1,650,000 1,000,000 850,000 2,875,000 1,375,000
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Period from 11-1-23 (commencement of operations) to 4-30-24.
3 Period from 5-1-24 (commencement of operations) to 4-30-25.
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 84
Table of Contents
STATEMENTS OF CHANGES IN NET ASSETS  
Continued
    
  Mortgage-Backed Securities ETF Preferred Income ETF
  Period ended
3-31-261 		Year ended
4-30-25 		Year ended
4-30-24 		Period ended
3-31-261 		Year ended
4-30-25 		Year ended
4-30-24
Increase (decrease) in net assets            
From operations            
Net investment income $7,479,905 $3,154,115 $1,417,319 $6,421,575 $2,974,566 $2,154,588
Net realized gain (loss) 195,134 (205,581) (955,808) 705,573 128,773 (462,666)
Change in net unrealized appreciation (depreciation) 1,979 2,115,560 (173,351) (1,532,399) (510,539) 1,576,555
Increase in net assets resulting from operations 7,677,018 5,064,094 288,160 5,594,749 2,592,800 3,268,477
Distributions to shareholders            
From earnings (7,318,885) (3,053,345) (1,574,179) (5,952,011) (2,928,285) (2,180,319)
Total distributions (7,318,885) (3,053,345) (1,574,179) (5,952,011) (2,928,285) (2,180,319)
From fund share transactions            
Shares issued 81,917,481 90,841,575 22,256,050 96,835,428 36,580,023 13,782,470
Shares repurchased (2,716,575) — (7,439,282) (5,178,104) (2,307,648) (1,563,406)
Total from fund share transactions 79,200,906 90,841,575 14,816,768 91,657,324 34,272,375 12,219,064
Total increase 79,559,039 92,852,324 13,530,749 91,300,062 33,936,890 13,307,222
Net assets            
Beginning of year 133,104,154 40,251,830 26,721,081 72,064,196 38,127,306 24,820,084
End of year $212,663,193 $133,104,154 $40,251,830 $163,364,258 $72,064,196 $38,127,306
Share activity            
Shares outstanding            
Beginning of year 6,100,000 1,925,000 1,225,000 3,275,000 1,750,000 1,175,000
Shares issued 3,700,000 4,175,000 1,050,000 4,225,000 1,625,000 650,000
Shares repurchased (125,000) — (350,000) (225,000) (100,000) (75,000)
End of year 9,675,000 6,100,000 1,925,000 7,275,000 3,275,000 1,750,000
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
85 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
Financial Highlights
CORE BOND ETF
Period ended 3-31-261 4-30-252
Per share operating performance    
Net asset value, beginning of period $25.07 $25.00
Net investment income3 1.00 0.44
Net realized and unrealized gain on investments 0.174 0.02
Total from investment operations 1.17 0.46
Less distributions    
From net investment income (0.95) (0.39)
Total distributions (0.95) (0.39)
Net asset value, end of period $25.29 $25.07
Total return (%)5 4.736 1.856
Ratios and supplemental data    
Net assets, end of period (in millions) $2,218 $10
Ratios (as a percentage of average net assets):    
Expenses before reductions 0.337 1.448
Expenses including reductions 0.297 0.298
Net investment income 4.557 4.807
Portfolio turnover (%) 1189 67
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Period from 12-17-24 (commencement of operations) to 4-30-25.
3 Based on average daily shares outstanding.
4 The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of the issuances and repurchases of shares in relation to fluctuating market values of the investments of the fund.
5 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
6 Not annualized.
7 Annualized.
8 Annualized. Certain expenses are presented unannualized.
9 Portfolio turnover rate excludes securities received or delivered from in-kind transactions.
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 86
Table of Contents
Financial Highlights
CORE PLUS BOND ETF
Period ended 3-31-261 4-30-252
Per share operating performance    
Net asset value, beginning of period $24.99 $25.00
Net investment income3 1.12 0.46
Net realized and unrealized gain (loss) on investments 0.044 (0.09)4
Total from investment operations 1.16 0.37
Less distributions    
From net investment income (1.09) (0.38)
Total distributions (1.09) (0.38)
Net asset value, end of period $25.06 $24.99
Total return (%)5 4.696 1.506
Ratios and supplemental data    
Net assets, end of period (in millions) $95 $49
Ratios (as a percentage of average net assets):    
Expenses before reductions 0.597 0.668
Expenses including reductions 0.367 0.368
Net investment income 4.847 5.007
Portfolio turnover (%) 1329 669
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Period from 12-17-24 (commencement of operations) to 4-30-25.
3 Based on average daily shares outstanding.
4 The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of the issuances and repurchases of shares in relation to fluctuating market values of the investments of the fund.
5 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
6 Not annualized.
7 Annualized.
8 Annualized. Certain expenses are presented unannualized.
9 Portfolio turnover rate excludes securities received or delivered from in-kind transactions.
87 JOHN HANCOCK ACTIVE FIXED INCOME ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
CORPORATE BOND ETF
Period ended 3-31-261 4-30-25 4-30-24 4-30-23 4-30-22 4-30-212
Per share operating performance            
Net asset value, beginning of period $21.02 $20.54 $21.11 $21.81 $25.23 $25.00
Net investment income3 0.98 1.08 0.97 0.72 0.60 0.05
Net realized and unrealized gain (loss) on investments 0.094 0.50 (0.58) (0.62) (3.23) 0.22
Total from investment operations 1.07 1.58 0.39 0.10 (2.63) 0.27
Less distributions            
From net investment income (0.96) (1.10) (0.96) (0.80) (0.79) (0.04)
Total distributions (0.96) (1.10) (0.96) (0.80) (0.79) (0.04)
Net asset value, end of period $21.13 $21.02 $20.54 $21.11 $21.81 $25.23
Total return (%)5 5.156 7.74 1.91 0.57 (10.77) 1.106
Ratios and supplemental data            
Net assets, end of period (in millions) $107 $56 $48 $24 $19 $20
Ratios (as a percentage of average net assets):            
Expenses before reductions 0.467 0.53 0.76 0.98 0.94 0.728
Expenses including reductions 0.297 0.29 0.29 0.29 0.29 0.298
Net investment income 4.967 5.09 4.70 3.45 2.39 2.277
Portfolio turnover (%) 389 459 499 379 36 —10
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Period from 3-30-21 (commencement of operations) to 4-30-21.
3 Based on average daily shares outstanding.
4 The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of the issuances and repurchases of shares in relation to fluctuating market values of the investments of the fund.
5 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
6 Not annualized.
7 Annualized.
8 Annualized. Certain expenses are presented unannualized.
9 Portfolio turnover rate excludes securities received or delivered from in-kind transactions.
10 Portfolio turnover for the period is 0% due to no sales activity.
DYNAMIC MUNICIPAL BOND ETF
Period ended 3-31-261 4-30-25 4-30-242
Per share operating performance      
Net asset value, beginning of period $25.43 $26.70 $25.00
Net investment income3 0.96 1.06 0.54
Net realized and unrealized gain (loss) on investments 0.47 (0.32) 1.63
Total from investment operations 1.43 0.74 2.17
Less distributions      
From net investment income (0.92) (2.01) (0.47)
Total distributions (0.92) (2.01) (0.47)
Net asset value, end of period $25.94 $25.43 $26.70
Total return (%)4 5.705 2.79 8.665
Ratios and supplemental data      
Net assets, end of period (in millions) $43 $25 $23
Ratios (as a percentage of average net assets):      
Expenses before reductions 0.776 0.99 0.727
Expenses including reductions 0.396 0.39 0.397
Net investment income 4.036 4.04 4.026
Portfolio turnover (%) 388 83 113
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Period from 11-1-23 (commencement of operations) to 4-30-24.
3 Based on average daily shares outstanding.
4 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
5 Not annualized.
6 Annualized.
7 Annualized. Certain expenses are presented unannualized.
8 Portfolio turnover rate excludes securities received or delivered from in-kind transactions.
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE FIXED INCOME ETFS 88
Table of Contents
HIGH YIELD ETF
Period ended 3-31-261 4-30-252
Per share operating performance    
Net asset value, beginning of period $25.12 $25.00
Net investment income3 1.59 1.82
Net realized and unrealized gain on investments 0.224 0.29
Total from investment operations 1.81 2.11
Less distributions    
From net investment income (1.66) (1.99)
From net realized gain (0.03) —
Total distributions (1.69) (1.99)
Net asset value, end of period $25.24 $25.12
Total return (%)5 7.286 8.54
Ratios and supplemental data    
Net assets, end of period (in millions) $73 $35
Ratios (as a percentage of average net assets):    
Expenses before reductions 0.737 1.00
Expenses including reductions 0.527 0.52
Net investment income 6.757 7.06
Portfolio turnover (%) 2398 2528
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Period from 5-1-24 (commencement of operations) to 4-30-25.
3 Based on average daily shares outstanding.
4 The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of the issuances and repurchases of shares in relation to fluctuating market values of the investments of the fund.
5 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
6 Not annualized.
7 Annualized.
8 Portfolio turnover rate excludes securities received or delivered from in-kind transactions.
MORTGAGE-BACKED SECURITIES ETF
Period ended 3-31-261 4-30-25 4-30-24 4-30-23 4-30-222
Per share operating performance          
Net asset value, beginning of period $21.82 $20.91 $21.81 $22.77 $25.00
Net investment income3 0.97 1.04 0.88 0.84 0.38
Net realized and unrealized gain (loss) on investments 0.13 0.87 (0.81) (0.88) (2.22)
Total from investment operations 1.10 1.91 0.07 (0.04) (1.84)
Less distributions          
From net investment income (0.94) (1.00) (0.97) (0.92) (0.39)
Total distributions (0.94) (1.00) (0.97) (0.92) (0.39)
Net asset value, end of period $21.98 $21.82 $20.91 $21.81 $22.77
Total return (%)4 5.145 9.28 0.30 (0.03) (7.43)5
Ratios and supplemental data          
Net assets, end of period (in millions) $213 $133 $40 $27 $25
Ratios (as a percentage of average net assets):          
Expenses before reductions 0.476 0.60 0.78 0.97 0.937
Expenses including reductions 0.396 0.39 0.39 0.39 0.397
Net investment income 4.796 4.81 4.13 3.85 2.206
Portfolio turnover (%) 40 67 53 20 33
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Period from 8-18-21 (commencement of operations) to 4-30-22.
3 Based on average daily shares outstanding.
4 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
5 Not annualized.
6 Annualized.
7 Annualized. Certain expenses are presented unannualized.
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PREFERRED INCOME ETF
Period ended 3-31-261 4-30-25 4-30-24 4-30-23 4-30-222
Per share operating performance          
Net asset value, beginning of period $22.00 $21.79 $21.12 $23.32 $25.00
Net investment income3 1.28 1.42 1.42 1.32 0.43
Net realized and unrealized gain (loss) on investments 0.364 0.164 0.68 (2.19) (1.68)
Total from investment operations 1.64 1.58 2.10 (0.87) (1.25)
Less distributions          
From net investment income (1.18) (1.37) (1.43) (1.33) (0.43)
Total distributions (1.18) (1.37) (1.43) (1.33) (0.43)
Net asset value, end of period $22.46 $22.00 $21.79 $21.12 $23.32
Total return (%)5 7.466 7.30 10.29 (3.81) (5.05)6
Ratios and supplemental data          
Net assets, end of period (in millions) $163 $72 $38 $25 $15
Ratios (as a percentage of average net assets):          
Expenses before reductions 0.667 0.85 0.96 1.55 1.158
Expenses including reductions 0.547 0.54 0.54 0.54 0.548
Net investment income 6.117 6.29 6.69 5.93 4.577
Portfolio turnover (%) 229 299 30 479 15
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Period from 12-14-21 (commencement of operations) to 4-30-22.
3 Based on average daily shares outstanding.
4 The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of the issuances and repurchases of shares in relation to fluctuating market values of the investments of the fund.
5 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
6 Not annualized.
7 Annualized.
8 Annualized. Certain expenses are presented unannualized.
9 Portfolio turnover rate excludes securities received or delivered from in-kind transactions.
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Notes to financial statements
Note 1—Organization
John Hancock Exchange-Traded Fund Trust (the Trust) is an open-end management investment company organized as a Massachusetts business trust. The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act). It is a series company with multiple investment series, seven of which are presented in this report (the funds). 
The investment objective of Core Bond ETF is to seek a high level of current income consistent with preservation of capital and maintenance of liquidity.
The investment objective of Core Plus Bond ETF is to seek a high level of current income consistent with prudent investment risk.
The investment objective of Corporate Bond ETF is to seek a high level of current income consistent with prudent investment risk.
The investment objective of Dynamic Municipal Bond ETF is to seek a high level of interest income exempt from federal income tax.
The investment objective of High Yield ETF is to seek to maximize current income. Capital appreciation is a secondary goal.
The investment objective of Mortgage-Backed Securities ETF is to seek a high level of current income while seeking to outperform the benchmark over a market cycle.
The investment objective of Preferred Income ETF is to seek a high level of current income, consistent with preservation of capital.
On December 9-11, 2025, the Board of Trustees approved a change of the fiscal year end of the funds from April 30 to March 31.
Note 2—Significant accounting policies
The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (US GAAP), which require management to make certain estimates and assumptions as of the date of the financial statements. Actual results could differ from those estimates and those differences could be significant. The funds qualify as investment companies under Topic 946 of Accounting Standards Codification of US GAAP.
Events or transactions occurring after the end of the fiscal period through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the funds:
Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the NYSE pursuant to the Valuation Policies and Procedures of the Advisor, John Hancock Investment Management LLC, the funds’ valuation designee.
In order to value the securities, the funds use the following valuation techniques: Debt obligations are typically valued based on evaluated prices provided by an independent pricing vendor. Independent pricing vendors utilize matrix pricing, which takes into account factors such as institutional-size trading in similar groups of securities, yield, quality, coupon rate, maturity, type of issue, trading characteristics and other market data, as well as broker supplied prices. Equity securities, including exchange-traded or closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal market where the security trades. In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Investments by the funds in open-end mutual funds, including John Hancock Collateral Trust (JHCT), are valued at their respective NAVs each business day. Futures contracts are typically valued based on the settlement price.
In certain instances, the Pricing Committee of the Advisor may determine to value equity securities using prices obtained from another exchange or market if trading on the exchange or market on which prices are typically obtained did not open for trading as scheduled, or if trading closed earlier than scheduled, and trading occurred as normal on another exchange or market.
Other portfolio securities and assets, for which reliable market quotations are not readily available, are valued at fair value as determined in good faith by the Pricing Committee following procedures established by the Advisor and adopted by the Board of Trustees. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready market for such securities existed.
The funds use a three tier hierarchy to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities, including registered investment companies. Level 2 includes securities valued using other significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates, prepayment speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities valued using significant unobservable inputs when market prices are not readily available or reliable, including the Advisor’s assumptions in determining the fair value of investments. Factors used in determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.
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The following is a summary of the values by input classification of the funds’ investments as of March 31, 2026, by major security category or type:
  Total
value at
3-31-26 		Level 1
quoted
price 		Level 2
significant
observable
inputs 		Level 3
significant
unobservable
inputs
Core Bond ETF        
Investments in securities:        
Assets        
U.S. Government and Agency obligations   $1,195,243,461 —   $1,195,243,461 —
Corporate bonds   677,549,565 —   677,549,565 —
Municipal bonds   9,525,261 —   9,525,261 —
Collateralized mortgage obligations   140,128,801 —   140,128,801 —
Asset-backed securities   171,559,642 —   171,559,642 —
Short-term investments   7,555,014   $7,555,014 — —
Total investments in securities   $2,201,561,744   $7,555,014   $2,194,006,730 —
Derivatives:        
Liabilities        
Futures   $(1,838)   $(1,838) — —
 
Core Plus Bond ETF        
Investments in securities:        
Assets        
U.S. Government and Agency obligations   $47,089,757 —   $47,089,757 —
Corporate bonds   37,893,814 —   37,893,814 —
Collateralized mortgage obligations   4,866,928 —   4,866,928 —
Asset-backed securities   4,473,735 —   4,473,735 —
Preferred securities   69,820   $69,820 — —
Short-term investments   444,508   444,508 — —
Total investments in securities   $94,838,562   $514,328   $94,324,234 —
 
Corporate Bond ETF        
Investments in securities:        
Assets        
Corporate bonds   $105,382,582 —   $105,382,582 —
Short-term investments   551,429   $551,429 — —
Total investments in securities   $105,934,011   $551,429   $105,382,582 —
 
Dynamic Municipal Bond ETF        
Investments in securities:        
Assets        
Municipal bonds   $39,927,424 —   $39,927,424 —
Short-term investments   1,114,292   $1,114,292 — —
Total investments in securities   $41,041,716   $1,114,292   $39,927,424 —
 
High Yield ETF        
Investments in securities:        
Assets        
Corporate bonds   $69,388,358 —   $69,388,358 —
Preferred securities   240,186   $240,186 — —
Short-term investments   3,305,261   3,305,261 — —
Total investments in securities   $72,933,805   $3,545,447   $69,388,358 —
 
Mortgage-Backed Securities ETF        
Investments in securities:        
Assets        
U.S. Government and Agency obligations   $125,637,142 —   $125,637,142 —
Corporate bonds   1,465,730 —   1,465,730 —
Collateralized mortgage obligations   51,532,263 —   51,532,263 —
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  Total
value at
3-31-26 		Level 1
quoted
price 		Level 2
significant
observable
inputs 		Level 3
significant
unobservable
inputs
Mortgage-Backed Securities ETF (continued)        
Asset-backed securities   $31,822,187 —   $31,822,187 —
Short-term investments   9,049,300   $9,049,300 — —
Total investments in securities   $219,506,622   $9,049,300   $210,457,322 —
 
Preferred Income ETF        
Investments in securities:        
Assets        
Corporate bonds   $84,179,251 —   $84,179,251 —
U.S. Government and Agency obligations   863,764 —   863,764 —
Capital preferred securities   279,218 —   279,218 —
Preferred securities   74,207,190   $74,207,190 — —
Short-term investments   1,131,171   1,131,171 — —
Total investments in securities   $160,660,594   $75,338,361   $85,322,233 —
When-issued/delayed-delivery securities. The funds may purchase or sell securities on a when-issued or delayed-delivery basis, or in a “To Be Announced” (TBA) or “forward commitment” transaction, with delivery or payment to occur at a later date beyond the normal settlement period. TBA securities resulting from these transactions are included in the portfolio or in a schedule to the portfolio (Sale Commitments Outstanding). At the time a fund enters into a commitment to purchase or sell a security, the transaction is recorded and the value of the security is reflected in its NAV. The price of such security and the date that the security will be delivered and paid for are fixed at the time the transaction is negotiated. The value of the security may vary with market fluctuations. No interest accrues on debt securities until settlement takes place. At the time that the fund enters into this type of transaction, the fund is required to have sufficient cash and/or liquid securities to cover its commitments.
Certain risks may arise upon entering into when-issued or delayed-delivery securities transactions, including the potential inability of counterparties to meet the terms of their contracts, and the issuer’s failure to issue the securities due to political, economic or other factors. Additionally, losses may arise due to changes in the value of the securities purchased or sold prior to settlement date.
Stripped securities. Stripped securities are financial instruments structured to separate principal and interest cash flows so that one class receives principal payments from the underlying assets (PO or principal only), while the other class receives the interest cash flows (IO or interest only). Both PO and IO investments represent an interest in the cash flows of an underlying stripped security. If the underlying assets experience greater than anticipated prepayments of principal, the funds may fail to fully recover its initial investment in an IO security. The market value of these securities can be extremely volatile in response to changes in interest rates or prepayments on the underlying securities. In addition, these securities present additional credit risk such that the funds may not receive all or part of its principal or interest payments because the borrower or issuer has defaulted on its obligation.
Mortgage and asset-backed securities. The funds may invest in mortgage-related securities, such as mortgage-backed securities, and other asset-backed securities, which are debt obligations that represent interests in pools of mortgages or other income-bearing assets, such as consumer loans or receivables. Such securities often involve risks that are different from the risks associated with investing in other types of debt securities. Mortgage-backed and other asset-backed securities are subject to changes in the payment patterns of borrowers of the underlying debt. When interest rates fall, borrowers are more likely to refinance or prepay their debt before its stated maturity. This may result in the funds having to reinvest the proceeds in lower yielding securities, effectively reducing the funds’ income. Conversely, if interest rates rise and borrowers repay their debt more slowly than expected, the time in which the mortgage-backed and other asset-backed securities are paid off could be extended, reducing the funds’ cash available for reinvestment in higher yielding securities.  The timely payment of principal and interest of certain mortgage-related securities is guaranteed with the full faith and credit of the U.S. Government. Pools created and guaranteed by non-governmental issuers, including government-sponsored corporations (e.g., FNMA), may be supported by various forms of insurance or guarantees, but there can be no assurance that private insurers or guarantors can meet their obligations under the insurance policies or guarantee arrangements. The funds are also subject to risks associated with securities with contractual cash flows including asset-backed and mortgage related securities such as collateralized mortgage obligations, mortgage pass-through securities and commercial mortgage-backed securities. The value, liquidity and related income of these securities are sensitive to changes in economic conditions, including real estate value, pre-payments, delinquencies and/or defaults, and may be adversely affected by shifts in the market’s perception of the issuers and changes in interest rates.
Real estate investment trusts. The funds may invest in real estate investment trusts (REITs). Distributions from REITs may be recorded as income and subsequently characterized by the REIT at the end of their fiscal year as a reduction of cost of investments and/or as a realized gain. As a result, the funds will estimate the components of distributions from these securities. Such estimates are revised when the actual components of the distributions are known.
Security transactions and related investment income. Investment security transactions are accounted for on a trade date plus one basis for daily NAV calculations. However, for financial reporting purposes, investment transactions are reported on trade date. Interest income is accrued as earned. Interest income includes coupon interest and amortization/accretion of premiums/discounts on debt securities. Debt obligations may be placed in a non-accrual status and related interest income may be reduced by stopping current accruals and writing off interest receivable when the collection of all or a portion of interest has become doubtful.
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Dividend income is recorded on ex-date, except for dividends of certain foreign securities where the dividend may not be known until after the ex-date. In those cases, dividend income, net of withholding taxes, is recorded when the fund becomes aware of the dividends. Non-cash dividends, if any, are recorded at the fair market value of the securities received. Gains and losses on securities sold are determined on the basis of identified cost and may include proceeds from litigation.
Securities lending. The funds may lend their securities to earn additional income. The funds receive collateral from the borrower in an amount not less than the market value of the loaned securities. The funds may invest their cash collateral in JHCT, an affiliate of the funds, which has a floating NAV and is registered with the Securities and Exchange Commission (SEC) as an investment company. JHCT is a government money market fund and invests in U.S. Government securities and/or repurchase agreements. Each fund will receive the benefit of any gains and bear any losses generated by JHCT with respect to the cash collateral.
The funds have the right to recall loaned securities on demand. If a borrower fails to return loaned securities when due, then the lending agent is responsible and indemnifies the funds for the lent securities. The lending agent uses the collateral received from the borrower to purchase replacement securities of the same issue, type, class and series of the loaned securities. If the value of the collateral is less than the purchase cost of replacement securities, the lending agent is responsible for satisfying the shortfall but only to the extent that the shortfall is not due to any decrease in the value of JHCT.
Although the risk of loss on securities lent is mitigated by receiving collateral from the borrower and through lending agent indemnification, the funds could experience a delay in recovering securities or could experience a lower than expected return if the borrower fails to return the securities on a timely basis. During the existence of the loan, the funds will receive from the borrower amounts equivalent to any dividends, interest or other distributions on the loaned securities, as well as interest on such amounts. The funds receive compensation for lending their securities by retaining a portion of the return on the investment of the collateral and compensation from fees earned from borrowers of the securities. Securities lending income received by the funds is net of fees retained by the securities lending agent. Net income received from JHCT is a component of securities lending income as recorded on the Statements of operations.
Obligations to repay collateral received by the funds are shown on the Statements of assets and liabilities as Payable upon return of securities loaned and are secured by the loaned securities. The following table summarizes the values of securities loaned by the funds and the corresponding cash collateral received at March 31, 2026.
In addition, non-cash collateral in the form of U.S. Treasuries was pledged, as indicated below. This non-cash collateral cannot be sold or repledged by the funds, and accordingly, is not reflected in the funds’ net assets.
Fund Market value of securities on loan Cash collateral received Non-cash collateral
Core Bond ETF   $397,791   $406,000   —
Core Plus Bond ETF   267,466   272,335   —
High Yield ETF   3,624,281   2,639,533   $1,063,890
Foreign investing. Assets, including investments, and liabilities denominated in foreign currencies are translated into U.S. dollar values each day at the prevailing exchange rate. Purchases and sales of securities, income and expenses are translated into U.S. dollars at the prevailing exchange rate on the date of the transaction. The effect of changes in foreign currency exchange rates on the value of securities is reflected as a component of the realized and unrealized gains (losses) on investments. Foreign investments are subject to a decline in the value of a foreign currency versus the U.S. dollar, which reduces the dollar value of securities denominated in that currency.
Funds that invest internationally generally carry more risk than funds that invest strictly in U.S. securities. Risks can result from differences in economic and political conditions, regulations, market practices (including higher transaction costs), accounting standards and other factors.
Foreign taxes. The funds may be subject to withholding tax on income, capital gains or repatriations imposed by certain countries, a portion of which may be recoverable. Foreign taxes are accrued based upon the funds’ understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued based on gains realized by the funds as a result of certain foreign security sales. In certain circumstances, estimated taxes are accrued based on unrealized appreciation of such securities. Investment income is recorded net of foreign withholding taxes.
Overdraft. The funds may have the ability to borrow from banks for temporary or emergency purposes, including meeting redemption requests that otherwise might require the untimely sale of securities. Pursuant to the funds’ custodian agreement, the custodian may loan money to the funds to make properly authorized payments. The funds are obligated to repay the custodian for any overdraft, including any related costs or expenses. The custodian may have a lien, security interest or security entitlement in any fund property that is not otherwise segregated or pledged, to the extent of any overdraft, and to the maximum extent permitted by law.
Line of credit. The funds and other affiliated funds have entered into a syndicated line of credit agreement with Citibank, N.A. as the administrative agent that enables them to participate in a $1 billion unsecured committed line of credit, which is in effect through July 13, 2026 unless extended or renewed. Excluding commitments designated for certain funds and subject to the needs of all other affiliated funds, a fund can borrow up to an aggregate commitment amount of $750 million, subject to asset coverage and other limitations as specified in the agreement.
A commitment fee payable at the end of each calendar quarter, based on the average daily unused portion of each line of credit, is charged to each participating fund based on an asset-based allocation and is reflected in Other expenses on the Statements of operations. For the period ended March 31, 2026, the funds had no borrowings under the line of credit.
Commitment fees for the period ended March 31, 2026 were as follows:
Fund Commitment fee
Core Bond ETF   $72
Core Plus Bond ETF   263
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Fund Commitment fee
Corporate Bond ETF   $331
Dynamic Municipal Bond ETF   152
High Yield ETF   84
Mortgage-Backed Securities ETF   794
Preferred Income ETF   507
Expenses. Within the John Hancock group of funds complex, expenses that are directly attributable to an individual fund are allocated to such fund. Expenses that are not readily attributable to a specific fund are allocated among all funds in an equitable manner, taking into consideration, among other things, the nature and type of expense and each fund’s relative net assets. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known. Core Bond ETF and Core Plus Bond ETF incurred offering costs of $52,653 and $48,495, respectively, which are amortized over each fund’s first year of operations. During the period ended March 31, 2026, $33,341 and $21,166 of offering costs were expensed by Core Bond ETF and Core Plus Bond ETF, respectively, and are included in Professional fees and Printing and postage within the Statements of Operations.
Federal income taxes. Each fund intends to continue to qualify as a regulated investment company by complying with the applicable provisions of the Internal Revenue Code and will not be subject to federal income tax on taxable income that is distributed to shareholders. Therefore, no federal income tax provision is required.
For federal income tax purposes, as of March 31, 2026, certain funds have short-term and long-term capital loss carryforwards available to offset future net realized capital gains. These carryforwards do not expire. The following table details the capital loss carryforwards available as of March 31, 2026:
  No Expiration Date
Fund Short Term Long Term
Core Bond ETF   $3,812,384   —
Core Plus Bond ETF   118,719   —
Corporate Bond ETF   56,444   $2,478,094
Dynamic Municipal Bond ETF   24,526   —
Mortgage-Backed Securities ETF   —   1,721,281
Preferred Income ETF   910,308   889,953
Due to certain Internal Revenue Code rules, utilization of the capital loss carryforwards may be limited in future years.
As of March 31, 2026, the funds had no uncertain tax positions that would require financial statement recognition, derecognition or disclosure. The funds’ federal tax returns are subject to examination by the Internal Revenue Service for a period of three years.
For federal income tax purposes, the costs of investments owned on March 31, 2026, including short-term investments, were as follows:
Fund Aggregate
cost 		Unrealized
appreciation 		Unrealized
(depreciation) 		Net unrealized
appreciation/
(depreciation)
Core Bond ETF   $2,245,974,459   $511,824   $(44,926,377)   $(44,414,553)
Core Plus Bond ETF   95,112,644   517,714   (791,796)   (274,082)
Corporate Bond ETF   107,932,410   411,602   (2,410,001)   (1,998,399)
Dynamic Municipal Bond ETF   40,522,970   794,201   (275,455)   518,746
High Yield ETF   74,157,744   346,344   (1,570,283)   (1,223,939)
Mortgage-Backed Securities ETF   220,396,209   1,604,486   (2,494,073)   (889,587)
Preferred Income ETF   163,028,111   1,279,930   (3,647,447)   (2,367,517)
Distribution of income and gains. Distributions to shareholders from net investment income and net realized gains, if any, are recorded on the ex-date. The funds generally declare and pay dividends from net investment income monthly. All funds generally declare and pay capital gain distributions, if any, annually.
The tax character of distributions for the period ended March 31, 2026 was as follows:
Fund Ordinary
Income 		Exempt
Income 		Long Term
Capital Gains 		Total
Core Bond ETF   $5,321,422 — —   $5,321,422
Core Plus Bond ETF   2,646,559 — —   2,646,559
Corporate Bond ETF   3,589,964 — —   3,589,964
Dynamic Municipal Bond ETF   12,917   $1,188,689 —   1,201,606
High Yield ETF   3,694,744 —   $74,927   3,769,671
Mortgage-Backed Securities ETF   7,318,885 — —   7,318,885
Preferred Income ETF   5,952,011 — —   5,952,011
The tax character of distributions for the year ended April 30, 2025 was as follows:
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Fund Ordinary
Income 		Exempt
Income 		Long Term
Capital Gains 		Total
Core Bond ETF   $156,056 — —   $156,056
Core Plus Bond ETF   714,661 — —   714,661
Corporate Bond ETF   2,826,237 — —   2,826,237
Dynamic Municipal Bond ETF   888,101   $911,853   $2   1,799,956
High Yield ETF   2,618,518 — —   2,618,518
Mortgage-Backed Securities ETF   3,053,345 — —   3,053,345
Preferred Income ETF   2,928,285 — —   2,928,285
         
The tax character of distributions for the year ended April 30, 2024 was as follows:
         
Fund     Ordinary
Income 		  Exempt
Income 		  Total
Corporate Bond ETF   $1,390,640 — $1,390,640
Dynamic Municipal Bond ETF     8,471 $383,513   391,984
Mortgage-Backed Securities ETF     1,574,179 —   1,574,179
Preferred Income ETF     2,180,319 —   2,180,319
As of March 31, 2026, the components of distributable earnings on a tax basis were as follows:
Fund Undistributed
Ordinary Income 		Undistributed
Exempt Interest 		Undistributed
Long Term
Capital Gains
Core Bond ETF   $5,214,405 — —
Core Plus Bond ETF   224,687 — —
Corporate Bond ETF   287,749 — —
Dynamic Municipal Bond ETF —   $92,730 —
High Yield ETF   143,647 —   $3,940
Mortgage-Backed Securities ETF   485,561 — —
Preferred Income ETF   837,677 — —
Such distributions and distributable earnings, on a tax basis, if any, are determined in conformity with income tax regulations, which may differ from US GAAP. Distributions in excess of tax basis earnings and profits, if any, are reported in the funds’ financial statements as a return of capital.
Capital accounts within the financial statements are adjusted for permanent book-tax differences at fiscal year end. These adjustments have no impact on net assets or the results of operations. Temporary book-tax differences, if any, will reverse in a subsequent period. Book-tax differences are primarily attributable to amortization and accretion on debt securities, wash sale loss deferrals, contingent payment debt instruments and redemptions in-kind.
Note 3—Derivative instruments
The funds may invest in derivatives in order to meet their investment objective. Derivatives include a variety of different instruments that may be traded in the over-the-counter (OTC) market, on a regulated exchange or through a clearing facility. The risks in using derivatives vary depending upon the structure of the instruments, including the use of leverage, optionality, the liquidity or lack of liquidity of the contract, the creditworthiness of the counterparty or clearing organization and the volatility of the position. Some derivatives involve risks that are potentially greater than the risks associated with investing directly in the referenced securities or other referenced underlying instrument. Specifically, the funds are exposed to the risk that the counterparty to an OTC derivatives contract will be unable or unwilling to make timely settlement payments or otherwise honor its obligations. OTC derivatives transactions typically can only be closed out with the other party to the transaction.
Certain derivatives are traded or cleared on an exchange or central clearinghouse. Exchange-traded or centrally-cleared transactions generally present less counterparty risk to a fund than OTC transactions. The exchange or clearinghouse stands between the funds and the broker to the contract and therefore, credit risk is generally limited to the failure of the exchange or clearinghouse and the clearing member.
Futures. A futures contract is a contractual agreement to buy or sell a particular currency or financial instrument at a pre-determined price in the future. Futures are traded on an exchange and cleared through a central clearinghouse. Risks related to the use of futures contracts include possible illiquidity of the futures markets and contract prices that can be highly volatile and imperfectly correlated to movements in the underlying financial instrument and potential losses in excess of the amounts recognized on the Statements of assets and liabilities. Use of long futures contracts subjects the funds to the risk of loss up to the notional value of the futures contracts. Use of short futures contracts subjects the funds to unlimited risk of loss.
Upon entering into a futures contract, the funds are required to deposit initial margin with the broker in the form of cash or securities. The amount of required margin is set by the broker and is generally based on a percentage of the contract value. The margin deposit must then be maintained at the established level over the life of the contract. Cash that has been pledged by the funds, if any, is detailed in the Statements of assets and liabilities as Collateral held at broker for futures contracts. Securities pledged by the funds, if any, are identified in the Funds’ investments. Subsequent payments, referred to as variation margin, are made or received by the funds periodically and are based on changes in the market value of open futures contracts. Futures contracts are marked-to-market daily and unrealized gain or loss is
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recorded by the funds. Receivable/Payable for futures variation margin is included in the Statements of assets and liabilities. When the contract is closed, the funds record a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.
The following table details how the funds used futures contracts during the period ended March 31, 2026. In addition, the table summarizes the range of notional contract amounts held by the funds, as measured at each quarter end:
Fund Reason USD Notional range
Core Bond ETF The fund used futures contracts to manage against changes in interest rates. Up to $111,800, as measured during the period
Core Plus Bond ETF The fund used futures contracts to manage against changes in interest rates. As of March 31, 2026, there were no open futures contracts. Up to $559,100, as measured during the period
Mortgage-Backed Securities ETF The fund used futures contracts to manage against changes in interest rates. As of March 31, 2026, there were no open futures contracts. Up to $2.3 million, as measured during the period
Fair value of derivative instruments by risk category
The table below summarizes the fair value of derivatives held by the funds at March 31, 2026 by risk category:
Fund Risk Statements of
assets and
liabilities location 		Financial
instruments
location 		Assets
derivatives
fair value 		Liabilities
derivatives
fair value
Core Bond ETF Interest rate Receivable/payable for futures variation margin1 Futures —   $(1,838)
    
1 Reflects cumulative appreciation/depreciation on open futures as disclosed in the Derivatives section of the Funds’ investments. Only the period end variation margin receivable/payable is separately reported on the Statements of assets and liabilities.
Effect of derivative instruments on the Statements of operations
The table below summarizes the net realized gain (loss) included in the net increase (decrease) in net assets from operations, classified by derivative instrument and risk category, for the period ended March 31, 2026:
    Statements of operations location - Net realized gain (loss) on:
Fund Risk Futures contracts
Core Bond ETF Interest rate   $1,826
Core Plus Bond ETF Interest rate   $3,029
Mortgage-Backed Securities ETF Interest rate   $47,378
The table below summarizes the net change in unrealized appreciation (depreciation) included in the net increase (decrease) in net assets from operations, classified by derivative instrument and risk category, for the period ended March 31, 2026:
    Statements of operations location - Change in net unrealized appreciation (depreciation) of:
Fund Risk Futures contracts
Core Bond ETF Interest rate   $(1,838)
Mortgage-Backed Securities ETF Interest rate   $(47,253)
Note 4—Guarantees and indemnifications
Under the Trust’s organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust, including the funds. Additionally, in the normal course of business, the Trust enters into contracts with service providers that contain general indemnification clauses. The Trust’s maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Trust that have not yet occurred. The risk of material loss from such claims is considered remote.
Note 5—Fees and transactions with affiliates
John Hancock Investment Management LLC (the Advisor) serves as investment advisor for the funds. The Advisor is an indirect, principally owned subsidiary of John Hancock Life Insurance Company (U.S.A.), which in turn is a subsidiary of Manulife Financial Corporation (MFC).
Management fee. The funds have an investment management agreement with the Advisor under which each fund pays a monthly management fee to the Advisor equivalent on an annual basis as detailed below.
The management fee structure is as follows:
- Core Bond ETF - 0.24% of average daily net assets.
- Core Plus Bond ETF - 0.31% of average daily net assets.
- Corporate Bond ETF - 0.24% of average daily net assets.
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- Dynamic Municipal Bond ETF - 0.32% of average daily net assets.
- High Yield ETF - 0.45% of average daily net assets.
- Mortgage-Backed Securities ETF - 0.34% of average daily net assets.
- Preferred Income ETF - 0.49% of average daily net assets.
The Advisor has subadvisory agreements with the organizations described below:
Fund Subadvisor(s)
High Yield ETF Marathon Asset Management, L.P. (Marathon)1
Core Bond ETF
Core Plus Bond ETF
Corporate Bond ETF
Dynamic Municipal Bond ETF
Mortgage-Backed Securities ETF
Preferred Income ETF 		Manulife Investment Management (US) LLC2
1 On January 26, 2026, an affiliate of CVC Capital Partners plc, a private markets investment firm, announced that it has agreed to acquire 100% of Marathon (the Transaction). The closing of the Transaction will result in a change of control of Marathon, and therefore the current subadvisory agreement between Marathon and the Advisor will automatically terminate pursuant to the 1940 Act, thus requiring approval of a new subadvisory agreement between Marathon and the Advisor. At its meeting held March 24-26, 2026 the fund’s Board of Trustees considered and approved a new subadvisory agreement which is expected to become effective upon the closing of the Transaction, which is expected to be in the third quarter of 2026.
2 An affiliate of the Advisor.
The funds are not responsible for payment of the subadvisory fees.
The Advisor has contractually agreed to waive a portion of its management fee and/or reimburse expenses for certain funds of the John Hancock group of funds complex, including the funds (the participating portfolios). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of the funds. During the period ended March 31, 2026, this waiver amounted to 0.01% of the funds’ average daily net assets, on an annualized basis. This agreement expires on July 31, 2027, unless renewed by mutual agreement of the funds and the Advisor based upon a determination that this is appropriate under the circumstances at that time.
The Advisor contractually agrees to reduce its management fee or, if necessary, make a payment to Core Bond ETF, Core Plus Bond ETF, Corporate Bond ETF, Dynamic Municipal Bond ETF, High Yield ETF, Mortgage-Backed Securities ETF and Preferred Income ETF in an amount equal to the amount by which expenses of the funds exceed 0.29%, 0.36%, 0.29%, 0.39%, 0.52%, 0.39% and 0.54%, respectively, of average daily net assets. Expenses means all the expenses of the funds, excluding (a) taxes, (b) brokerage commissions, (c) interest expense, (d) litigation and indemnification expenses and other extraordinary expenses not incurred in the ordinary course of the funds’ business, (e) borrowing costs, (f) prime brokerage fees, (g) acquired fund fees and expenses paid indirectly, and (h) short dividend expense. This agreement expires on August 31, 2026, unless renewed by mutual agreement of the funds and the Advisor based upon a determination that this is appropriate under the circumstances at that time.
For the period ended March 31, 2026, the expense reductions described above amounted to the following:
Fund Expense reimbursement
Core Bond ETF   $83,590
Core Plus Bond ETF   131,127
Corporate Bond ETF   126,497
Dynamic Municipal Bond ETF   115,832
Fund Expense reimbursement
High Yield ETF   $106,945
Mortgage-Backed Securities ETF   124,866
Preferred Income ETF   127,066
Expenses waived or reimbursed in the current fiscal period are not subject to recapture in future fiscal periods.
The investment management fees, including the impact of the waivers and reimbursements as described above, incurred for the period ended March 31, 2026, were equivalent to a net annual effective rate of the funds’ average daily net assets:
Fund Net Annual Effective Rate
Core Bond ETF 0.20%
Core Plus Bond ETF 0.08%
Corporate Bond ETF 0.07%
Dynamic Municipal Bond ETF 0.00%
Fund Net Annual Effective Rate
High Yield ETF 0.24%
Mortgage-Backed Securities ETF 0.26%
Preferred Income ETF 0.37%
Accounting and legal services. Pursuant to a service agreement, the funds reimburse the Advisor for all expenses associated with providing the administrative, financial, legal, compliance, accounting and recordkeeping services to the funds, including the preparation of all tax returns, periodic reports to shareholders and regulatory reports, among other services. These accounting and legal services fees incurred, for the period ended March 31, 2026, amounted to an annual rate of 0.02% of the funds’ average daily net assets.
Trustee expenses. The funds compensate each Trustee who is not an employee of the Advisor or its affiliates. The costs of paying Trustee compensation and expenses are allocated to each fund based on their net assets relative to other funds within the John Hancock group of funds complex.
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Note 6—Capital share transactions
The funds will issue and redeem shares only in a large number of specified shares, each called a “creation unit,” or multiples thereof. The funds issue and redeem shares at NAV in creation units of 50,000 shares for Corporate Bond ETF and 25,000 shares for Core Bond ETF, Core Plus Bond ETF, Dynamic Municipal Bond ETF, High Yield ETF, Mortgage-Backed Securities ETF and Preferred Income ETF, respectively.
Only authorized participants may engage in creation or redemption transactions directly with the funds. Such transactions generally take place when an authorized participant deposits into a fund a designated portfolio of securities and/or cash in exchange for a specified number of creation units. Similarly, shares can be redeemed only in creation units, generally for a designated portfolio of securities and/or cash. For purposes of US GAAP, in-kind redemption transactions are treated as a sale of securities and any resulting gains and losses are recognized based on the market value of the securities on the date of the transfer. Authorized participants pay a transaction fee to the custodian when purchasing and redeeming creation units of the funds. The transaction fee is used to defray the costs associated with the issuance and redemption of creation units. Individual shares of the funds may only be purchased and sold in secondary market transactions through brokers. Secondary market transactions may be subject to brokerage commissions. Shares of the funds are listed and traded on the NYSE Arca, Inc., trade at market prices rather than NAV, and may trade at a price greater than or less than NAV.
Authorized participants transacting in creation or redemption of units for cash may also pay an additional variable charge to compensate the relevant fund for the costs associated with purchasing or selling the applicable securities. Fixed transaction fees payable to the custodian may also be incurred on creation and redemption transactions. For the period ended March 31, 2026, such variable and/or fixed transaction fees were approximately $4,770, $25,337, $2,453, $9,856, $38,377, $84,550 and $189,229 for Core Bond ETF, Core Plus Bond ETF, Corporate Bond ETF, Dynamic Municipal Bond ETF, High Yield ETF, Mortgage-Backed Securities ETF and Preferred Income ETF, respectively. These charges are included in shares issued or repurchased on the Statements of Changes in Net Assets.
Affiliates, excluding investment by affiliated funds, of Core Plus Bond ETF, Dynamic Municipal Bond ETF and High Yield ETF owned 56%, 42% and 43%, respectively, of shares of the fund on March 31, 2026. Such concentration of shareholders’ capital could have a material effect on a fund if such shareholders redeem from the fund.
Note 7—Purchase and sale of securities
Purchases and sales of securities, other than short-term investments and in-kind transactions, are aggregated below for the period ended March 31, 2026. In addition, purchases and sales of in-kind transactions are aggregated below for the period ended March 31, 2026:
  Purchases Sales
Fund U.S. Treasury In-kind transactions Non in-kind transactions U.S. Treasury In-kind transactions Non in-kind transactions
Core Bond ETF   $415,383,729   $2,294,920,013   $40,231,637   $442,068,029   $32,320,631   $44,175,146
Core Plus Bond ETF   58,978,987   20,440,748   48,709,258   67,796,517 —   13,634,640
Corporate Bond ETF   395,113   55,266,384   33,693,227   395,896   8,042,439   29,795,711
Dynamic Municipal Bond ETF — —   28,406,698 —   1,150,650   12,119,897
High Yield ETF — —   168,859,230 —   3,740,091   129,543,184
Mortgage-Backed Securities ETF   226,013 —   143,304,288   228,097 —   68,162,879
Preferred Income ETF — —   120,141,639 —   4,926,285   24,273,952
Note 8—Industry or sector risk
The funds may invest a large percentage of their assets in one or more particular industries or sectors of the economy. If a large percentage of a fund’s assets are economically tied to a single or small number of industries or sectors of the economy, the fund will be less diversified than a more broadly diversified fund, and it may cause the fund to underperform if that industry or sector underperforms. In addition, focusing on a particular industry or sector may make the fund’s NAV more volatile. Further, a fund that invests in particular industries or sectors is particularly susceptible to the impact of market, economic, regulatory and other factors affecting those industries or sectors. Financial services companies can be hurt by economic declines, changes in interest rates, and regulatory and market impacts.
Issuers in the utilities sector are subject to many risks, including: increases in fuel and other operating costs; increased costs and delays as a result of environmental and safety regulations; difficulty in obtaining approval of rate increases; the negative impact of regulation; the potential impact of natural and man-made disaster; and technological innovations that may render existing plants, equipment, or products obsolete. Because utility companies are faced with the same obstacles, issues, and regulatory burdens, their securities may react similarly and more in unison to these or other market conditions.
Note 9—Investment in affiliated underlying funds
The funds may invest in affiliated underlying funds that are managed by the Advisor and its affiliates. Information regarding the funds’ fiscal year to date purchases and sales of the affiliated underlying funds as well as income and capital gains earned by the funds, if any, is as follows:
              Dividends and distributions
Affiliate Ending
share
amount 		Beginning
value 		Cost of
purchases 		Proceeds
from shares
sold 		Realized
gain
(loss) 		Change in
unrealized
appreciation
(depreciation) 		Income
distributions
received 		Capital gain
distributions
received 		Ending
value
Core Bond ETF
John Hancock Collateral Trust* 755,373 $50,018   $95,221,848   $(87,712,862)   $(4,137)   $147   $65,722 —   $7,555,014
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              Dividends and distributions
Affiliate Ending
share
amount 		Beginning
value 		Cost of
purchases 		Proceeds
from shares
sold 		Realized
gain
(loss) 		Change in
unrealized
appreciation
(depreciation) 		Income
distributions
received 		Capital gain
distributions
received 		Ending
value
Core Plus Bond ETF
John Hancock Collateral Trust* 44,443 $466,811   $33,978,258   $(34,000,182)   $(398)   $19   $28,040 —   $444,508
Corporate Bond ETF
John Hancock Collateral Trust 55,134 $16,974   $14,440,870   $(13,906,331)   $(46)   $(38)   $15,481 —   $551,429
Dynamic Municipal Bond ETF
John Hancock Collateral Trust 111,410 $2,378,219   $23,091,419   $(24,355,210)   $103   $(239)   $58,225 —   $1,114,292
High Yield ETF
John Hancock Collateral Trust* 263,826 —   $7,931,782   $(5,292,250)   $(722)   $(103)   $6,411 —   $2,638,707
Mortgage-Backed Securities ETF
John Hancock Collateral Trust 904,776 $4,377,989   $69,634,559   $(64,961,852)   $(20)   $(1,376)   $233,713 —   $9,049,300
Preferred Income ETF
John Hancock Collateral Trust 113,098 $1,859,543   $66,024,284   $(66,751,979)   $(320)   $(357)   $149,573 —   $1,131,171
    
* Refer to the Securities lending note within Note 2 for details regarding this investment.
Note 10—Investment by affiliated funds
Certain investors in the funds are affiliated funds that are managed by the Advisor and its affiliates. The affiliated funds do not invest in the funds for the purpose of exercising management or control; however, this investment may represent a significant portion of the funds’ net assets. At March 31, 2026, funds within the John Hancock group of funds complex had the following affiliate ownership as a percentage of the funds’ net assets (funds with an affiliate ownership of 5% or more are disclosed separately):
Fund Affiliated Fund Affiliated Concentration
Core Bond ETF John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio 29.6%
  John Hancock Variable Insurance Trust Lifestyle Growth Portfolio 22.4%
  John Hancock Variable Insurance Trust Managed Volatility Growth Portfolio 20.4%
  John Hancock Variable Insurance Trust Managed Volatility Moderate Portfolio 9.2%
  John Hancock Variable Insurance Trust Lifestyle Balanced Portfolio 8.1%
  John Hancock Variable Insurance Trust Managed Volatility Conservative Portfolio 5.2%
  Other affiliated funds 4.4%
  Total 99.3%
Corporate Bond ETF Total other affiliated funds 5.7%
Mortgage-Backed Securities ETF Total other affiliated funds 4.2%
Note 11—Segment reporting
The management committee of the Advisor acts as the funds’ chief operating decision maker (the CODM), assessing performance and making decisions about resource allocation. Each fund represents a single operating segment, as the CODM monitors and assesses the operating results of the fund as a whole, and the fund’s long-term strategic asset allocation is managed in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the portfolio management team of the fund’s subadvisor. Segment assets are reflected in the Statements of assets and liabilities as “Total assets”, which consists primarily
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of total investments at value. The financial information, including the measurement of profit and loss and significant expenses, provided to and reviewed by the CODM is consistent with that presented within the Statements of operations, which includes “Increase (decrease) in net assets from operations”, Statements of changes in net assets, which includes “Increase (decrease) in net assets from fund share transactions”, and Financial highlights, which includes total return and income and expense ratios.
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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Board of Trustees of John Hancock Exchange-Traded Fund Trust and Shareholders of Core Bond ETF, Core Plus Bond ETF, Corporate Bond ETF, Dynamic Municipal Bond ETF, High Yield ETF, Mortgage-Backed Securities ETF and Preferred Income ETF
Opinions on the Financial Statements      
We have audited the accompanying statements of assets and liabilities, including the funds’ investments, of Core Bond ETF, Core Plus Bond ETF, Corporate Bond ETF, Dynamic Municipal Bond ETF, High Yield ETF, Mortgage-Backed Securities ETF, and Preferred Income ETF (seven of the funds constituting John Hancock Exchange-Traded Fund Trust, hereafter collectively referred to as the "Funds") as of March 31, 2026, the related statements of operations and of changes in net assets for each of the periods indicated in the table below, including the related notes, and the financial highlights for each of the periods indicated in the table below (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds as of March 31, 2026, the results of each of their operations, the changes in each of their net assets, and each of the financial highlights for each of the periods indicated in the table below, in conformity with accounting principles generally accepted in the United States of America.
Fund Statements of
operations 		Statements of
changes in net assets 		Financial Highlights
Core Bond ETF For the eleven-month period ended March 31, 2026 and for the period December 17, 2024 (commencement of operations) through April 30, 2025. For the eleven-month period ended March 31, 2026 and for the period December 17, 2024 (commencement of operations) through April 30, 2025. For the eleven-month period ended March 31, 2026 and for the period December 17, 2024 (commencement of operations) through April 30, 2025.
Core Plus Bond ETF For the eleven-month period ended March 31, 2026 and for the period December 17, 2024 (commencement of operations) through April 30, 2025. For the eleven-month period ended March 31, 2026 and for the period December 17, 2024 (commencement of operations) through April 30, 2025. For the eleven-month period ended March 31, 2026 and for the period December 17, 2024 (commencement of operations) through April 30, 2025.
Corporate Bond ETF For the eleven-month period ended March 31, 2026 and for the year ended April 30, 2025. For the eleven-month period ended March 31, 2026 and for each of the two years in the period ended April 30, 2025. For the eleven-month period ended March 31, 2026 and for the years ended April 30, 2025, 2024, 2023 and 2022, and for the period from March 30, 2021 (commencement of operations) to April 30, 2021.
Dynamic Municipal Bond ETF For the eleven-month period ended March 31, 2026 and for the year ended April 30, 2025. For the eleven-month period ended March 31, 2026, for the year ended April 30, 2025 and the period from November 1, 2023 (commencement of operations) through April 30, 2024. For the eleven-month period ended March 31, 2026 and for the year ended April 30, 2025 and the period from November 1, 2023 (commencement of operations) through April 30, 2024.
High Yield ETF For the eleven-month period ended March 31, 2026 and for the period May 1, 2024 (commencement of operations) through April 30, 2025. For the eleven-month period ended March 31, 2026 and for the period May 1, 2024 (commencement of operations) through April 30, 2025. For the eleven-month period ended March 31, 2026 and for the period May 1, 2024 (commencement of operations) through April 30, 2025.
Mortgage-Backed Securities ETF For the eleven-month period ended March 31, 2026 and for the year ended April 30, 2025. For the eleven-month period ended March 31, 2026 and for each of the two years in the period ended April 30, 2025. For the eleven-month period ended March 31, 2026 and for the years ended April 30, 2025, 2024, and 2023, and for the period from August 18, 2021 (commencement of operations) through April 30, 2022.
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Preferred Income ETF For the eleven-month period ended March 31, 2026 and for the year ended April 30, 2025. For the eleven-month period ended March 31, 2026 and for each of the two years in the period ended April 30, 2025. For the eleven-month period ended March 31, 2026 and for the years ended April 30, 2025, 2024, and 2023, and for the period from December 14, 2021 (commencement of operations) through April 30, 2022.
Basis for Opinions      
These financial statements are the responsibility of the Funds’ management. Our responsibility is to express an opinion on the Funds’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of March 31, 2026 by correspondence with the custodian, transfer agents and brokers; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinions.
/s/ PricewaterhouseCoopers LLP
Boston, Massachusetts
May 19, 2026 		     
We have served as the auditor of one or more investment companies in the John Hancock group of funds since 1988.
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Tax information
(Unaudited)
For federal income tax purposes, the following information is furnished with respect to the distributions of the funds, if any, paid during its taxable period ended March 31, 2026.
For Dynamic Municipal Bond ETF, 99.01% of dividends from net investment income are exempt-interest dividends.
Each fund reports the maximum amount allowable of its net taxable income as eligible for the corporate dividends-received deduction.
Each fund reports the maximum amount allowable of its net taxable income as qualified dividend income as provided in the Jobs and Growth Tax Relief Reconciliation Act of 2003.
Each fund reports the maximum amount allowable as Section 163(j) Interest Dividends.
Each fund reports the maximum amount allowable of its Section 199A dividends as defined in Proposed Treasury Regulation §1.199A-3(d).
Long Term Capital Gains The fund below paid the following amount in capital gain dividends:
Fund Long term capital gains
High Yield ETF $93,387
Eligible shareholders will be mailed a 2026 Form 1099-DIV in early 2027. This will reflect the tax character of all distributions paid in calendar year 2026.
Please consult a tax advisor regarding the tax consequences of your investment in a fund.
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SHAREHOLDER MEETING
(Unaudited)
John Hancock Exchange-Traded Fund Trust held a Special Joint Meeting of Shareholders on Wednesday, November 12, 2025. The following proposal was considered by the shareholders:
Proposal: To elect five Trustees as members of the Board of Trustees of the Trust.
THE PROPOSAL PASSED ON November 12, 2025.
  Total votes
for the nominee 		Total votes withheld
from the nominee
Independent Trustees    
William K. Bacic 88,673,331 1,228,907
Christine L. Hurtsellers 88,908,859 993,379
Kenneth J. Phelan 88,618,058 1,284,180
Thomas R. Wright 88,695,923 1,206,315
    
Non-Independent Trustee    
Kristie M. Feinberg 88,864,414 1,037,824
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John Hancock Investment Management LLC, 200 Berkeley Street, Boston, MA 02116, 800-225-6020, jhinvestments.com/etf
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
This report is for the information of the shareholders of John Hancock Active Fixed Income ETFs. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.
JHAN-20180615-0136 ETF2A 3/2026
5/2026


Annual Financial Statements & Other N-CSR Items
John Hancock
Active Equity ETFs
March 31, 2026
John Hancock
Active Equity ETFs
Table of contents
2 Funds’ investments
14 Financial statements
19 Financial highlights
22 Notes to financial statements
29 Report of independent registered public accounting firm
31 Tax information
32 Shareholder meeting 
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Funds’ investments
DISCIPLINED VALUE INTERNATIONAL SELECT ETF
As of 3-31-26
        Shares Value
Common stocks 98.8%         $61,819,856
(Cost $52,379,362)          
Australia 4.7%         2,917,990
Rio Tinto, Ltd.   26,392 2,917,990
Bermuda 1.6%         1,022,387
Everest Group, Ltd.   3,128 1,022,387
Canada 15.3%         9,577,461
Cenovus Energy, Inc. (A)   35,860 948,695
Kinross Gold Corp. (A)   119,584 3,644,375
Nutrien, Ltd. (A)   41,958 3,157,183
Teck Resources, Ltd., Class B   35,367 1,827,208
Denmark 1.2%         770,308
Novo Nordisk A/S, B Shares   21,636 770,308
Finland 3.0%         1,852,314
Nordea Bank ABP (A)   109,566 1,852,314
France 10.5%         6,562,494
Airbus SE   5,183 960,393
Bureau Veritas SA   32,610 965,632
Capgemini SE   9,883 1,144,413
Rexel SA   52,279 2,004,649
Vallourec SACA   59,353 1,487,407
Germany 3.4%         2,142,300
Allianz SE   2,681 1,109,895
Siemens AG   4,356 1,032,405
India 1.8%         1,145,152
HDFC Bank, Ltd., ADR   46,027 1,145,152
Japan 16.5%         10,315,247
Hitachi, Ltd.   53,400 1,498,382
KDDI Corp.   89,700 1,535,596
Mitsubishi Electric Corp.   63,800 2,000,342
Resona Holdings, Inc.   127,900 1,384,799
Sony Group Corp.   91,600 1,847,661
Sumitomo Mitsui Financial Group, Inc.   65,100 2,048,467
Mexico 1.8%         1,127,190
Coca-Cola Femsa SAB de CV, ADR   11,555 1,127,190
Netherlands 4.1%         2,554,860
ING Groep NV   51,948 1,323,083
Prosus NV (B)   27,426 1,231,777
South Korea 10.3%         6,463,997
KB Financial Group, Inc.   10,495 972,311
KT Corp., ADR   48,016 1,029,943
NAVER Corp.   9,107 1,198,094
Samsung Electronics Company, Ltd.   22,997 2,510,429
Samsung Fire & Marine Insurance Company, Ltd.   2,619 753,220
Switzerland 7.4%         4,613,397
Novartis AG   19,685 2,960,773
Sandoz Group AG   21,509 1,652,624
United Kingdom 17.2%         10,754,759
AstraZeneca PLC   10,723 2,077,227
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE EQUITY ETFS 2
Table of Contents
        Shares Value
United Kingdom (continued)          
BAE Systems PLC   103,364 $2,998,733
NatWest Group PLC   236,205 1,723,126
Shell PLC   29,871 1,411,375
Tesco PLC   166,043 1,035,903
The Weir Group PLC   40,881 1,508,395
    
    Yield (%)   Shares Value
Short-term investments 5.5%       $3,423,423
(Cost $3,423,107)          
Short-term funds 5.5%         3,423,423
John Hancock Collateral Trust (C) 3.6657(D)   342,284 3,423,423
    
Total investments (Cost $55,802,469) 104.3%     $65,243,279
Other assets and liabilities, net (4.3%)     (2,695,203)
Total net assets 100.0%         $62,548,076
    
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund.
Security Abbreviations and Legend
ADR American Depositary Receipt
(A) All or a portion of this security is on loan as of 3-31-26.
(B) Non-income producing security.
(C) Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.
(D) The rate shown is the annualized seven-day yield as of 3-31-26.
The fund had the following sector composition as a percentage of net assets on 3-31-26:
Financials 21.3%
Industrials 20.7%
Materials 18.5%
Health care 11.9%
Energy 6.2%
Communication services 6.0%
Information technology 5.8%
Consumer discretionary 4.9%
Consumer staples 3.5%
Short-term investments and other 1.2%
TOTAL 100.0%
DISCIPLINED VALUE SELECT ETF
As of 3-31-26
        Shares Value
Common stocks 97.4%         $475,492,417
(Cost $504,243,462)          
Communication services 4.9%     24,028,939
Entertainment 2.4%      
The Walt Disney Company     121,360 11,696,677
Interactive media and services 2.5%      
Meta Platforms, Inc., Class A     21,555 12,332,262
Consumer discretionary 7.5%     36,614,302
Broadline retail 4.0%      
Amazon.com, Inc. (A)     94,050 19,587,794
Hotels, restaurants and leisure 1.9%      
Booking Holdings, Inc.     2,250 9,473,220
Specialty retail 1.6%      
The Home Depot, Inc.     22,966 7,553,288
3 JOHN HANCOCK ACTIVE EQUITY ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
        Shares Value
Consumer staples 7.2%     $35,065,338
Consumer staples distribution and retail 3.7%      
U.S. Foods Holding Corp. (A)     197,458 18,207,602
Tobacco 3.5%      
Philip Morris International, Inc.     101,958 16,857,736
Energy 8.3%     40,405,498
Oil, gas and consumable fuels 8.3%      
Cenovus Energy, Inc. (B)     450,047 11,939,747
Diamondback Energy, Inc.     67,675 13,385,438
Marathon Petroleum Corp.     61,759 15,080,313
Financials 19.1%     93,189,600
Banks 7.5%      
JPMorgan Chase & Co.     68,929 20,276,155
Wells Fargo & Company     205,353 16,348,152
Capital markets 6.6%      
LPL Financial Holdings, Inc.     26,319 7,917,545
Morgan Stanley     98,841 16,266,263
The Goldman Sachs Group, Inc.     9,792 8,283,934
Consumer finance 3.0%      
American Express Company     25,137 7,603,440
Capital One Financial Corp.     38,042 6,940,002
Financial services 2.0%      
Visa, Inc., Class A     31,611 9,554,109
Health care 11.7%     56,884,034
Biotechnology 2.6%      
Gilead Sciences, Inc.     89,753 12,508,876
Health care providers and services 5.3%      
Cencora, Inc.     48,116 15,115,160
Quest Diagnostics, Inc.     54,587 10,697,960
Life sciences tools and services 1.8%      
IQVIA Holdings, Inc. (A)     51,682 8,813,848
Pharmaceuticals 2.0%      
AstraZeneca PLC     49,428 9,748,190
Industrials 15.9%     77,874,592
Aerospace and defense 2.8%      
L3Harris Technologies, Inc.     39,502 13,634,115
Air freight and logistics 4.1%      
C.H. Robinson Worldwide, Inc.     53,837 8,940,711
FedEx Corp.     31,584 11,249,589
Electrical equipment 2.7%      
Hubbell, Inc.     27,288 13,391,313
Ground transportation 2.6%      
Uber Technologies, Inc. (A)     176,619 12,704,205
Industrial conglomerates 2.3%      
Honeywell International, Inc.     50,334 11,376,994
Passenger airlines 1.4%      
United Airlines Holdings, Inc. (A)     71,442 6,577,665
Information technology 11.3%     55,404,434
Semiconductors and semiconductor equipment 9.9%      
Applied Materials, Inc.     38,770 13,251,198
Marvell Technology, Inc.     93,493 9,260,482
Micron Technology, Inc.     36,436 12,309,538
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE EQUITY ETFS 4
Table of Contents
        Shares Value
Information technology (continued)      
Semiconductors and semiconductor equipment (continued)      
NXP Semiconductors NV     68,230 $13,431,758
Software 1.4%      
Oracle Corp.     48,613 7,151,458
Materials 7.5%     36,663,832
Construction materials 2.8%      
CRH PLC     129,969 13,662,341
Metals and mining 4.7%      
Freeport-McMoRan, Inc.     142,876 8,398,251
Kinross Gold Corp.     478,481 14,603,240
Utilities 4.0%     19,361,848
Electric utilities 4.0%      
FirstEnergy Corp.     262,078 13,276,871
NRG Energy, Inc.     41,638 6,084,977
    
    Yield (%)   Shares Value
Short-term investments 0.0%         $109,003
(Cost $109,000)          
Short-term funds 0.0%         109,003
John Hancock Collateral Trust (C)(D) 3.6657   10,898 109,003
    
Total investments (Cost $504,352,462) 97.4%     $475,601,420
Other assets and liabilities, net 2.6%       12,646,000
Total net assets 100.0%         $488,247,420
    
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund.
Security Abbreviations and Legend
(A) Non-income producing security.
(B) All or a portion of this security is on loan as of 3-31-26.
(C) The rate shown is the annualized seven-day yield as of 3-31-26.
(D) Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.
The fund had the following country composition as a percentage of net assets on 3-31-26:
United States 87.0%
Canada 5.4%
Ireland 2.8%
Netherlands 2.8%
United Kingdom 2.0%
TOTAL 100.0%
FUNDAMENTAL ALL CAP CORE ETF
As of 3-31-26
        Shares Value
Common stocks 93.2%         $3,061,241
(Cost $2,823,370)          
Communication services 12.7%     417,931
Entertainment 1.8%      
Liberty Media Corp.-Liberty Formula One, Series C (A)     708 60,194
Interactive media and services 10.9%      
Alphabet, Inc., Class A     741 213,082
CarGurus, Inc. (A)     955 32,518
Meta Platforms, Inc., Class A     196 112,137
5 JOHN HANCOCK ACTIVE EQUITY ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
        Shares Value
Consumer discretionary 16.2%     $530,974
Automobile components 0.1%      
Fox Factory Holding Corp. (A)     183 3,012
Mobileye Global, Inc., Class A (A)     88 605
Automobiles 1.2%      
Ferrari NV     110 37,230
Broadline retail 7.6%      
Amazon.com, Inc. (A)     1,200 249,924
Hotels, restaurants and leisure 1.6%      
Vail Resorts, Inc.     413 52,996
Household durables 1.7%      
Lennar Corp., A Shares     632 54,883
Specialty retail 3.5%      
CarMax, Inc. (A)     1,195 49,688
Group 1 Automotive, Inc.     200 66,126
Textiles, apparel and luxury goods 0.5%      
Canada Goose Holdings, Inc. (A)     1,505 16,510
Consumer staples 2.0%     66,084
Food products 1.6%      
Post Holdings, Inc. (A)     542 53,582
Personal care products 0.4%      
BellRing Brands, Inc. (A)     777 12,502
Energy 4.9%     159,189
Oil, gas and consumable fuels 4.9%      
Cheniere Energy, Inc.     561 159,189
Financials 6.8%     222,186
Banks 1.5%      
First Hawaiian, Inc.     2,037 50,192
Capital markets 5.3%      
KKR & Company, Inc.     1,303 120,528
S&P Global, Inc.     121 51,466
Health care 15.7%     516,309
Biotechnology 1.1%      
Alnylam Pharmaceuticals, Inc. (A)     107 35,403
Health care equipment and supplies 4.5%      
Align Technology, Inc. (A)     123 21,086
Becton, Dickinson and Company     214 33,647
GE HealthCare Technologies, Inc.     540 38,437
Zimmer Biomet Holdings, Inc.     617 55,789
Health care providers and services 6.2%      
Elevance Health, Inc.     287 84,019
McKesson Corp.     80 69,229
UnitedHealth Group, Inc.     187 50,600
Life sciences tools and services 2.3%      
Thermo Fisher Scientific, Inc.     140 68,814
Waters Corp. (A)     28 8,338
Pharmaceuticals 1.6%      
Elanco Animal Health, Inc. (A)     2,129 50,947
Industrials 6.8%     223,717
Aerospace and defense 1.0%      
TransDigm Group, Inc.     28 32,451
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE EQUITY ETFS 6
Table of Contents
        Shares Value
Industrials (continued)      
Electrical equipment 2.4%      
Regal Rexnord Corp.     429 $80,335
Machinery 1.6%      
Fortive Corp.     926 51,189
Trading companies and distributors 1.8%      
United Rentals, Inc.     82 59,742
Information technology 23.2%     763,354
IT services 1.0%      
Accenture PLC, Class A     173 34,304
Semiconductors and semiconductor equipment 10.0%      
Broadcom, Inc.     145 44,879
NVIDIA Corp.     714 124,522
Taiwan Semiconductor Manufacturing Company, Ltd., ADR     348 117,607
Texas Instruments, Inc.     210 40,769
Software 10.5%      
Adobe, Inc. (A)     220 53,478
Microsoft Corp.     226 83,658
Oracle Corp.     6 883
Roper Technologies, Inc.     284 100,496
Salesforce, Inc.     451 84,188
Workday, Inc., Class A (A)     175 22,736
Technology hardware, storage and peripherals 1.7%      
Apple, Inc.     220 55,834
Materials 1.0%     33,765
Construction materials 1.0%      
Vulcan Materials Company     124 33,765
Real estate 3.9%     127,732
Real estate management and development 0.2%      
Five Point Holdings LLC, Class A (A)     1,627 7,875
Specialized REITs 3.7%      
American Tower Corp.     230 39,693
Crown Castle, Inc.     583 47,404
Millrose Properties, Inc., Class A     1,170 32,760
Exchange-traded funds 7.0%         $231,867
(Cost $238,864)          
iShares Expanded Tech-Software Sector ETF (A)       1,637 131,042
iShares Russell 3000 ETF       272 100,825
    
    Yield (%)   Shares Value
Short-term investments 2.4%         $77,645
(Cost $77,642)          
Short-term funds 2.4%         77,645
John Hancock Collateral Trust (B) 3.6657(C)   7,763 77,645
    
Total investments (Cost $3,139,876) 102.6%     $3,370,753
Other assets and liabilities, net (2.6%)       (85,168)
Total net assets 100.0%         $3,285,585
    
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund.
Security Abbreviations and Legend
ADR American Depositary Receipt
(A) Non-income producing security.
(B) Investment is an affiliate of the fund, the advisor and/or subadvisor.
(C) The rate shown is the annualized seven-day yield as of 3-31-26.
7 JOHN HANCOCK ACTIVE EQUITY ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
INTERNATIONAL HIGH DIVIDEND ETF
As of 3-31-26
        Shares Value
Common stocks 97.7%         $10,877,750
(Cost $8,163,954)          
Australia 5.6%         624,824
ANZ Group Holdings, Ltd.   1,260 31,041
Fortescue, Ltd.   15,335 213,315
QBE Insurance Group, Ltd.   8,726 126,880
Suncorp Group, Ltd.   9,320 103,090
Treasury Wine Estates, Ltd.   19,927 50,634
Woodside Energy Group, Ltd.   4,160 99,864
Austria 1.0%         108,923
BAWAG Group AG (A)(B)   730 108,923
Canada 7.5%         829,736
Canadian Natural Resources, Ltd.   958 46,584
Enbridge, Inc.   3,839 207,444
Finning International, Inc. (C)   794 48,975
Magna International, Inc.   2,218 123,476
Open Text Corp. (C)   1,204 26,745
Peyto Exploration & Development Corp.   3,074 59,870
Power Corp. of Canada (C)   2,335 112,053
Royal Bank of Canada   690 111,187
Suncor Energy, Inc.   604 39,822
TELUS Corp.   4,182 53,580
Denmark 0.4%         49,310
Novo Nordisk A/S, B Shares   1,385 49,310
Finland 2.1%         231,237
Fortum OYJ   7,116 179,395
Nordea Bank ABP   3,066 51,842
France 7.3%         810,611
Cie Generale des Etablissements Michelin SCA   1,262 42,444
Credit Agricole SA   2,944 54,036
Engie SA   6,966 222,407
Gaztransport et Technigaz SA   183 42,845
Gecina SA   696 54,371
Klepierre SA   5,391 201,377
Publicis Groupe SA   854 69,705
Sanofi   1,295 123,426
Germany 5.7%         629,976
Deutsche Telekom AG   4,356 160,356
Heidelberg Materials AG   819 168,300
Mercedes-Benz Group AG   3,486 210,428
SAP SE   537 90,892
Hong Kong 4.9%         547,481
CK Asset Holdings, Ltd.   14,346 81,353
CK Hutchison Holdings, Ltd.   17,886 135,967
Henderson Land Development Company, Ltd.   10,674 39,373
Link REIT   11,645 53,500
WH Group, Ltd. (A)   181,324 237,288
Israel 1.9%         216,293
Bank Leumi Le-Israel BM   6,205 137,149
Mizrahi Tefahot Bank, Ltd.   1,097 79,144
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE EQUITY ETFS 8
Table of Contents
        Shares Value
Italy 7.7%         $859,898
Banco BPM SpA   16,805 229,643
Enel SpA   4,415 47,690
Generali   4,867 193,524
Intesa Sanpaolo SpA   32,722 194,581
Poste Italiane SpA (A)   8,380 194,460
Japan 16.4%         1,827,181
Advantest Corp.   408 52,138
Alps Alpine Company, Ltd.   6,804 89,043
Dai-ichi Life Holdings, Inc.   3,749 33,486
Daito Trust Construction Company, Ltd. (C)   6,921 160,007
Daiwa House Industry Company, Ltd.   2,689 83,126
FUJIFILM Holdings Corp.   1,457 27,168
Hitachi, Ltd.   1,632 45,793
Kobe Steel, Ltd. (C)   2,721 32,326
Komatsu, Ltd.   2,553 96,494
Marubeni Corp.   2,665 94,110
Mitsui & Company, Ltd.   4,956 185,636
MS&AD Insurance Group Holdings, Inc.   6,348 160,885
Recruit Holdings Company, Ltd.   687 28,181
SBI Holdings, Inc.   2,670 47,815
SCREEN Holdings Company, Ltd. (C)   666 37,426
Seibu Holdings, Inc. (C)   1,574 43,246
Seiko Epson Corp. (C)   5,192 62,595
Shionogi & Company, Ltd.   3,290 71,739
Sojitz Corp.   3,117 120,005
Subaru Corp. (C)   1,672 26,101
Sumitomo Corp.   6,142 223,149
Tokyo Electron, Ltd.   456 106,712
Netherlands 1.4%         156,035
ASML Holding NV   121 156,035
Norway 3.6%         396,664
DNB Bank ASA   1,843 56,987
Equinor ASA   6,327 273,061
Orkla ASA   5,332 66,616
Singapore 5.1%         570,862
DBS Group Holdings, Ltd.   4,673 206,095
Oversea-Chinese Banking Corp., Ltd.   12,828 218,448
Venture Corp., Ltd.   12,258 146,319
Spain 3.8%         425,137
Banco Bilbao Vizcaya Argentaria SA   9,357 196,756
Naturgy Energy Group SA   7,653 228,381
Sweden 5.5%         615,913
SKF AB, B Shares   1,324 31,160
Svenska Handelsbanken AB, A Shares (C)   15,131 195,446
Swedbank AB, A Shares   1,564 52,356
Telefonaktiebolaget LM Ericsson, B Shares (C)   12,171 135,812
Volvo AB, B Shares (C)   6,272 201,139
Switzerland 5.1%         569,448
ABB, Ltd.   2,583 203,284
Novartis AG   1,432 215,384
Roche Holding AG, Participation Certificates   385 150,780
United Kingdom 12.7%         1,408,221
3i Group PLC   807 25,945
9 JOHN HANCOCK ACTIVE EQUITY ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
        Shares Value
United Kingdom (continued)          
Aberdeen Group PLC   20,567 $51,477
Admiral Group PLC   1,269 52,713
Associated British Foods PLC (C)   1,319 32,639
AstraZeneca PLC   475 92,016
British American Tobacco PLC   3,374 194,479
GSK PLC   1,800 48,992
HSBC Holdings PLC   7,734 124,589
Imperial Brands PLC   4,843 195,234
Kingfisher PLC   21,105 78,985
Mondi PLC   5,034 56,001
NatWest Group PLC   7,112 51,882
Rio Tinto PLC   2,478 226,912
Tesco PLC   28,268 176,357
Preferred securities 0.7%         $81,019
(Cost $85,697)          
Germany 0.7%         81,019
Henkel AG & Company KGaA     366 27,959
Volkswagen AG     533 53,060
    
    Yield (%)   Shares Value
Short-term investments 3.8%       $422,963
(Cost $422,991)          
Short-term funds 3.8%         422,963
John Hancock Collateral Trust (D) 3.6657(E)   42,289 422,963
    
Total investments (Cost $8,672,642) 102.2%     $11,381,732
Other assets and liabilities, net (2.2%)     (248,149)
Total net assets 100.0%         $11,133,583
    
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund.
Security Abbreviations and Legend
(A) This security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration.
(B) Non-income producing security.
(C) All or a portion of this security is on loan as of 3-31-26.
(D) Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $309,710.
(E) The rate shown is the annualized seven-day yield as of 3-31-26.
The fund had the following sector composition as a percentage of net assets on 3-31-26:
Financials 28.8%
Industrials 13.1%
Consumer staples 8.8%
Information technology 8.4%
Energy 6.9%
Health care 6.7%
Materials 6.3%
Utilities 6.1%
Real estate 6.0%
Consumer discretionary 4.8%
Communication services 2.5%
Short-term investments and other 1.6%
TOTAL 100.0%
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE EQUITY ETFS 10
Table of Contents
U.S. HIGH DIVIDEND ETF
As of 3-31-26
        Shares Value
Common stocks 98.9%         $9,127,232
(Cost $7,170,258)          
Communication services 6.1%     563,228
Diversified telecommunication services 4.0%      
Comcast Corp., Class A     4,764 136,774
Verizon Communications, Inc.     4,621 231,974
Media 2.1%      
Omnicom Group, Inc.     1,758 132,395
Sirius XM Holdings, Inc.     2,690 62,085
Consumer discretionary 5.2%     475,770
Automobiles 1.6%      
Ford Motor Company     13,202 152,351
Hotels, restaurants and leisure 0.3%      
Darden Restaurants, Inc.     130 25,485
Household durables 0.8%      
Garmin, Ltd.     300 69,603
Specialty retail 2.1%      
Best Buy Company, Inc.     1,686 108,241
Dick’s Sporting Goods, Inc.     167 33,114
The Home Depot, Inc.     163 53,609
Textiles, apparel and luxury goods 0.4%      
Ralph Lauren Corp.     97 33,367
Consumer staples 7.8%     721,450
Consumer staples distribution and retail 1.8%      
Target Corp.     277 33,572
Walmart, Inc.     1,116 138,696
Food products 2.3%      
Conagra Brands, Inc.     8,856 139,216
The Kraft Heinz Company     3,151 70,866
Tobacco 3.7%      
Altria Group, Inc.     3,034 200,214
Philip Morris International, Inc.     840 138,886
Energy 5.7%     526,844
Oil, gas and consumable fuels 5.7%      
Chevron Corp.     1,088 225,107
Exxon Mobil Corp.     255 43,263
Kinder Morgan, Inc.     1,797 60,253
ONEOK, Inc.     1,205 108,920
The Williams Companies, Inc.     1,227 89,301
Financials 15.9%     1,468,898
Banks 5.2%      
Columbia Banking System, Inc.     5,346 146,641
Credicorp, Ltd.     470 159,415
JPMorgan Chase & Co.     487 143,256
U.S. Bancorp     560 29,126
Capital markets 6.4%      
BlackRock, Inc.     161 154,835
Evercore, Inc., Class A     192 57,314
Morgan Stanley     670 110,262
T. Rowe Price Group, Inc.     1,750 157,745
The Goldman Sachs Group, Inc.     135 114,209
11 JOHN HANCOCK ACTIVE EQUITY ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
        Shares Value
Financials (continued)      
Insurance 4.3%      
American Financial Group, Inc.     1,396 $178,283
Principal Financial Group, Inc.     446 40,189
The Progressive Corp.     896 177,623
Health care 6.8%     631,257
Health care equipment and supplies 0.4%      
Medtronic PLC     463 40,119
Health care providers and services 0.3%      
UnitedHealth Group, Inc.     93 25,165
Pharmaceuticals 6.1%      
Bristol-Myers Squibb Company     2,865 173,762
Eli Lilly & Company     79 72,662
Johnson & Johnson     475 116,109
Pfizer, Inc.     7,245 203,440
Industrials 8.7%     800,561
Aerospace and defense 0.3%      
Carpenter Technology Corp.     77 30,350
Air freight and logistics 1.8%      
United Parcel Service, Inc., Class B     1,726 169,804
Construction and engineering 1.7%      
Comfort Systems USA, Inc.     113 155,826
Electrical equipment 3.5%      
Eaton Corp. PLC     83 29,687
Emerson Electric Company     186 24,370
Rockwell Automation, Inc.     106 38,041
Vertiv Holdings Company, Class A     905 226,775
Professional services 1.4%      
Automatic Data Processing, Inc.     217 44,090
Paychex, Inc.     886 81,618
Information technology 33.3%     3,072,177
Communications equipment 1.5%      
Cisco Systems, Inc.     1,737 134,774
IT services 2.3%      
Accenture PLC, Class A     372 73,764
IBM Corp.     556 134,769
Semiconductors and semiconductor equipment 17.6%      
Analog Devices, Inc.     118 37,541
Broadcom, Inc.     723 223,776
KLA Corp.     116 170,800
Lam Research Corp.     784 167,509
Micron Technology, Inc.     421 142,231
Monolithic Power Systems, Inc.     85 92,935
NVIDIA Corp.     3,864 673,879
Texas Instruments, Inc.     595 115,513
Software 6.0%      
Intuit, Inc.     41 17,728
Microsoft Corp.     1,194 441,983
Oracle Corp.     647 95,180
Technology hardware, storage and peripherals 5.9%      
Apple, Inc.     1,907 483,979
Seagate Technology Holdings PLC     168 65,816
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE EQUITY ETFS 12
Table of Contents
        Shares Value
Real estate 6.3%     $582,702
Industrial REITs 0.3%      
Prologis, Inc.     177 23,396
Retail REITs 2.0%      
Simon Property Group, Inc.     996 185,784
Specialized REITs 4.0%      
CubeSmart     712 26,095
Gaming and Leisure Properties, Inc.     4,076 180,852
Public Storage     92 24,921
VICI Properties, Inc.     5,185 141,654
Utilities 3.1%     284,345
Electric utilities 3.1%      
Edison International     2,921 213,759
NRG Energy, Inc.     483 70,586
    
    Yield (%)   Shares Value
Short-term investments 1.6%         $146,711
(Cost $146,735)          
Short-term funds 1.6%         146,711
John Hancock Collateral Trust (A) 3.6657(B)   14,669 146,711
    
Total investments (Cost $7,316,993) 100.5%     $9,273,943
Other assets and liabilities, net (0.5%)       (45,938)
Total net assets 100.0%         $9,228,005
    
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund.
Security Abbreviations and Legend
(A) Investment is an affiliate of the fund, the advisor and/or subadvisor.
(B) The rate shown is the annualized seven-day yield as of 3-31-26.
13 JOHN HANCOCK ACTIVE EQUITY ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
Financial statements
STATEMENTS OF ASSETS AND LIABILITIES 3-31-26
  Disciplined Value International Select ETF Disciplined Value Select ETF Fundamental All Cap Core ETF International High Dividend ETF U.S. High Dividend ETF
Assets          
Unaffiliated investments, at value $61,819,856 $475,492,417 $3,293,108 $10,958,769 $9,127,232
Affiliated investments, at value 3,423,423 109,003 77,645 422,963 146,711
Total investments, at value 65,243,279 475,601,420 3,370,753 11,381,732 9,273,943
Cash 320,078 12,657,671 — — —
Foreign currency, at value 26,497 — — 12,348 —
Dividends and interest receivable 447,376 346,088 1,794 109,518 11,951
Receivable for fund shares sold — — — — 401,218
Receivable for securities lending income 18,233 2 — 1,727 6
Receivable from affiliates — — 18,895 7,133 3,329
Other assets 8,870 25,190 6,835 6,972 6,906
Total assets 66,064,333 488,630,371 3,398,277 11,519,430 9,697,353
Liabilities          
Payable for investments purchased — — — 1,645 396,180
Payable upon return of securities loaned 3,423,074 109,000 — 308,150 —
Payable to affiliates          
Investment management fees 19,779 221,703 — — —
Accounting and legal services fees 2,720 12,117 158 517 417
Trustees’ fees 153 680 6 29 46
Other liabilities and accrued expenses 70,531 39,451 112,528 75,506 72,705
Total liabilities 3,516,257 382,951 112,692 385,847 469,348
Net assets $62,548,076 $488,247,420 $3,285,585 $11,133,583 $9,228,005
Net assets consist of          
Paid-in capital $53,501,565 $517,541,452 $3,057,783 $8,993,158 $7,945,830
Total distributable earnings (loss) 9,046,511 (29,294,032) 227,802 2,140,425 1,282,175
Net assets $62,548,076 $488,247,420 $3,285,585 $11,133,583 $9,228,005
Unaffiliated investments, at cost $52,379,362 $504,243,462 $3,062,234 $8,249,651 $7,170,258
Affiliated investments, at cost $3,423,107 $109,000 $77,642 $422,991 $146,735
Foreign currency, at cost $26,428 — — $12,325 —
Securities loaned, at value $6,068,871 $106,280 — $878,079 $52,689
Net asset value per share          
Based on net asset values and shares outstanding-the fund has an unlimited number of shares authorized with no par value.          
Net assets $62,548,076 $488,247,420 $3,285,585 $11,133,583 $9,228,005
Shares outstanding 1,775,000 17,950,000 240,000 280,000 230,000
Net asset value per share $35.24 $27.20 $13.69 $39.76 $40.12
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE EQUITY ETFS 14
Table of Contents
STATEMENTS OF OPERATIONS For the period ended 3-31-26 and the year ended 4-30-25  
  Disciplined Value International Select ETF Disciplined Value Select ETF Fundamental All Cap Core ETF
  Period ended 3-31-261 Year ended 4-30-25 Period ended 3-31-262 Period ended 3-31-261 Year ended 4-30-25
Investment income          
Dividends from unaffiliated investments $1,186,035 $805,711 $1,417,622 $37,714 $41,529
Dividends from affiliated investments — — — 2,568 3,714
Securities lending, net 20,549 903 2 — —
Non-cash dividends 94,580 — — — 7,178
Less foreign taxes withheld (159,383) (93,314) (21,350) (595) (575)
Total investment income 1,141,781 713,300 1,396,274 39,687 51,846
Expenses          
Investment management fees 254,414 170,163 412,008 24,467 26,303
Accounting and legal services fees 7,812 4,991 13,942 690 693
Transfer agent fees 8,860 9,583 5,309 9,167 10,000
Trustees’ fees 978 1,129 1,333 79 525
Custodian fees 52,955 40,363 16,941 48,241 36,186
Printing and postage 20,671 18,891 11,940 20,960 16,528
Professional fees 28,984 90,673 49,839 45,039 38,050
Licensing fees — — — 22,945 25,000
Stock exchange listing fees 10,378 14,884 7,512 9,988 18,884
Other 8,020 5,453 4,281 8,143 3,307
Total expenses 393,072 356,130 523,105 189,719 175,476
Less expense reductions (104,130) (163,539) (79,292) (163,401) (147,199)
Net expenses 288,942 192,591 443,813 26,318 28,277
Net investment income 852,839 520,709 952,461 13,369 23,569
Realized and unrealized gain (loss)          
Net realized gain (loss) on          
Unaffiliated investments and foreign currency transactions 285,640 (113,135) (1,057,617) 156,469 (30,761)
Affiliated investments (290) (162) (60) (16) 51
Realized gain on investment not meeting investment restrictions — — — — 3,116
Realized loss on investments not meeting investment restrictions — — — — (6,179)
Payment from investment subadvisor for loss on investments not meeting investment restrictions — — — — 6,179
Redemptions in-kind 2,352,461 118,045 (652,472) 519,200 —
  2,637,811 4,748 (1,710,149) 675,653 (27,594)
Change in net unrealized appreciation (depreciation) of          
Unaffiliated investments and translation of assets and liabilities in foreign currencies 5,379,806 2,556,328 (28,751,045) (277,416) 102,518
Affiliated investments 316 — 3 1 8
  5,380,122 2,556,328 (28,751,042) (277,415) 102,526
Net realized and unrealized gain (loss) 8,017,933 2,561,076 (30,461,191) 398,238 74,932
Increase (decrease) in net assets from operations $8,870,772 $3,081,785 $(29,508,730) $411,607 $98,501
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Period from 8-5-25 (commencement of operations) to 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
15 JOHN HANCOCK ACTIVE EQUITY ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
STATEMENTS OF OPERATIONS For the period ended 3-31-26 and the year ended 4-30-25  
Continued
    
  International High Dividend ETF U.S. High Dividend ETF
  Period ended 3-31-261 Year ended 4-30-25 Period ended 3-31-261 Year ended 4-30-25
Investment income        
Dividends from unaffiliated investments $404,341 $440,109 $223,332 $256,010
Interest 272 406 — 90
Dividends from affiliated investments 4,289 4,418 5,137 7,439
Securities lending, net 2,612 — 29 —
Less foreign taxes withheld (40,867) (47,036) — (77)
Total investment income 370,647 397,897 228,498 263,462
Expenses        
Investment management fees 35,926 31,061 22,934 25,655
Accounting and legal services fees 1,719 1,417 1,480 1,586
Transfer agent fees 8,776 10,000 8,775 10,000
Trustees’ fees 210 609 183 626
Custodian fees 58,417 54,718 53,281 56,474
Printing and postage 20,075 18,038 19,326 17,824
Professional fees 38,727 35,310 35,544 35,330
Stock exchange listing fees 10,907 11,221 10,907 11,223
Other 11,892 9,892 11,605 9,601
Total expenses 186,649 172,266 164,035 168,319
Less expense reductions (144,135) (135,502) (137,112) (138,240)
Net expenses 42,514 36,764 26,923 30,079
Net investment income 328,133 361,133 201,575 233,383
Realized and unrealized gain (loss)        
Net realized gain (loss) on        
Unaffiliated investments and foreign currency transactions (89,897) (301,878) (124,711) (247,170)
Affiliated investments (95) 47 66 21
Redemptions in-kind 1,000,483 481,710 515,436 1,033,214
  910,491 179,879 390,791 786,065
Change in net unrealized appreciation (depreciation) of        
Unaffiliated investments and translation of assets and liabilities in foreign currencies 1,317,165 506,266 1,035,763 (120,509)
Affiliated investments (32) 27 (80) 63
  1,317,133 506,293 1,035,683 (120,446)
Net realized and unrealized gain 2,227,624 686,172 1,426,474 665,619
Increase in net assets from operations $2,555,757 $1,047,305 $1,628,049 $899,002
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE EQUITY ETFS 16
Table of Contents
STATEMENTS OF CHANGES IN NET ASSETS  
  Disciplined Value
International Select ETF 		Disciplined Value
Select ETF 		Fundamental All Cap Core ETF
  Period ended
3-31-261 		Year ended
4-30-25 		Period ended
4-30-242 		Period ended
3-31-263 		Period ended
3-31-261 		Year ended
4-30-25 		Period ended
4-30-244
Increase (decrease) in net assets              
From operations              
Net investment income $852,839 $520,709 $268,433 $952,461 $13,369 $23,569 $6,352
Net realized gain (loss) 2,637,811 4,748 (540,006) (1,710,149) 675,653 (27,594) 10,624
Change in net unrealized appreciation (depreciation) 5,380,122 2,556,328 1,503,868 (28,751,042) (277,415) 102,526 405,766
Increase (decrease) in net assets resulting from operations 8,870,772 3,081,785 1,232,295 (29,508,730) 411,607 98,501 422,742
Distributions to shareholders              
From earnings (1,195,348) (482,888) — (472,576) (82,057) (28,686) (4,154)
From fund share transactions              
Shares issued 30,867,493 5,910,530 25,115,179 548,463,555 879,357 825,631 2,625,508
Shares repurchased (10,168,590) (683,152) — (30,234,829) (1,862,864) — —
Total from fund share transactions 20,698,903 5,227,378 25,115,179 518,228,726 (983,507) 825,631 2,625,508
Total increase (decrease) 28,374,327 7,826,275 26,347,474 488,247,420 (653,957) 895,446 3,044,096
Net assets              
Beginning of year 34,173,749 26,347,474 — — 3,939,542 3,044,096 —
End of year $62,548,076 $34,173,749 $26,347,474 $488,247,420 $3,285,585 $3,939,542 $3,044,096
Share activity              
Shares outstanding              
Beginning of year 1,200,000 1,000,000 — — 305,000 245,000 —
Shares issued 875,000 225,000 1,000,000 19,050,000 60,000 60,000 245,000
Shares repurchased (300,000) (25,000) — (1,100,000) (125,000) — —
End of year 1,775,000 1,200,000 1,000,000 17,950,000 240,000 305,000 245,000
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Period from 12-19-23 (commencement of operations) to 4-30-24.
3 Period from 8-5-25 (commencement of operations) to 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
4 Period from 11-1-23 (commencement of operations) to 4-30-24.
17 JOHN HANCOCK ACTIVE EQUITY ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
STATEMENTS OF CHANGES IN NET ASSETS  
Continued
    
  International High
Dividend ETF 		U.S. High
Dividend ETF
  Period ended
3-31-261 		Year ended
4-30-25 		Year ended
4-30-24 		Period ended
3-31-261 		Year ended
4-30-25 		Year ended
4-30-24
Increase (decrease) in net assets            
From operations            
Net investment income $328,133 $361,133 $303,415 $201,575 $233,383 $209,047
Net realized gain 910,491 179,879 101,525 390,791 786,065 333,014
Change in net unrealized appreciation (depreciation) 1,317,133 506,293 565,359 1,035,683 (120,446) 606,285
Increase in net assets resulting from operations 2,555,757 1,047,305 970,299 1,628,049 899,002 1,148,346
Distributions to shareholders            
From earnings (337,904) (412,495) (319,370) (205,891) (239,879) (196,133)
From fund share transactions            
Shares issued 4,427,954 2,972,796 3,255,076 3,175,738 3,883,871 3,279,525
Shares repurchased (4,079,425) (2,972,376) (2,231,770) (2,769,058) (5,007,442) (3,000,834)
Total from fund share transactions 348,529 420 1,023,306 406,680 (1,123,571) 278,691
Total increase (decrease) 2,566,382 635,230 1,674,235 1,828,838 (464,448) 1,230,904
Net assets            
Beginning of year 8,567,201 7,931,971 6,257,736 7,399,167 7,863,615 6,632,711
End of year $11,133,583 $8,567,201 $7,931,971 $9,228,005 $7,399,167 $7,863,615
Share activity            
Shares outstanding            
Beginning of year 270,000 270,000 230,000 220,000 250,000 240,000
Shares issued 120,000 100,000 120,000 80,000 110,000 110,000
Shares repurchased (110,000) (100,000) (80,000) (70,000) (140,000) (100,000)
End of year 280,000 270,000 270,000 230,000 220,000 250,000
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE EQUITY ETFS 18
Table of Contents
Financial Highlights
DISCIPLINED VALUE INTERNATIONAL SELECT ETF
Period ended 3-31-261 4-30-25 4-30-242
Per share operating performance      
Net asset value, beginning of period $28.48 $26.35 $25.00
Net investment income3 0.64 0.50 0.28
Net realized and unrealized gain on investments 6.97 2.10 1.07
Total from investment operations 7.61 2.60 1.35
Less distributions      
From net investment income (0.85) (0.47) —
Total distributions (0.85) (0.47) —
Net asset value, end of period $35.24 $28.48 $26.35
Total return (%)4 26.615 10.21 5.395
Ratios and supplemental data      
Net assets, end of period (in millions) $63 $34 $26
Ratios (as a percentage of average net assets):      
Expenses before reductions 0.946 1.28 1.387
Expenses including reductions 0.696 0.69 0.697
Net investment income 2.046 1.87 3.116
Portfolio turnover (%)8 13 55 29
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Period from 12-19-23 (commencement of operations) to 4-30-24.
3 Based on average daily shares outstanding.
4 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
5 Not annualized.
6 Annualized.
7 Annualized. Certain expenses are presented unannualized.
8 Portfolio turnover rate excludes securities received or delivered from in-kind transactions.
DISCIPLINED VALUE SELECT ETF
Period ended 3-31-261
Per share operating performance  
Net asset value, beginning of period $25.00
Net investment income2 0.22
Net realized and unrealized gain on investments 2.443
Total from investment operations 2.66
Less distributions  
From net investment income (0.46)
Total distributions (0.46)
Net asset value, end of period $27.20
Total return (%)4 10.645
Ratios and supplemental data  
Net assets, end of period (in millions) $488
Ratios (as a percentage of average net assets):  
Expenses before reductions 0.666
Expenses including reductions 0.566
Net investment income 1.206
Portfolio turnover (%)7 38
    
   
1 Period from 8-5-25 (commencement of operations) to 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Based on average daily shares outstanding.
3 The amount shown for a share outstanding does not correspond with the aggregate net gain (loss) on investments for the period due to the timing of the issuances and repurchases of shares in relation to fluctuating market values of the investments of the fund.
4 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
5 Not annualized.
6 Annualized.
7 Portfolio turnover rate excludes securities received or delivered from in-kind transactions.
19 JOHN HANCOCK ACTIVE EQUITY ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
FUNDAMENTAL ALL CAP CORE ETF
Period ended 3-31-261 4-30-25 4-30-242
Per share operating performance      
Net asset value, beginning of period $12.92 $12.42 $10.12
Net investment income3 0.05 0.08 0.03
Net realized and unrealized gain on investments 1.08 0.52 2.29
Total from investment operations 1.13 0.60 2.32
Less distributions      
From net investment income (0.09) (0.10) (0.02)
From net realized gain (0.27) — —
Total distributions (0.36) (0.10) (0.02)
Net asset value, end of period $13.69 $12.92 $12.42
Total return (%)4 8.485 4.64 22.975
Ratios and supplemental data      
Net assets, end of period (in millions) $3 $4 $3
Ratios (as a percentage of average net assets):      
Expenses before reductions 5.116 4.47 4.766
Expenses including reductions 0.726 0.72 0.726
Net investment income 0.377 0.60 0.487
Portfolio turnover (%)8 64 34 10
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Period from 11-1-23 (commencement of operations) to 4-30-24.
3 Based on average daily shares outstanding.
4 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
5 Not annualized.
6 Annualized. Certain expenses are presented unannualized.
7 Annualized.
8 Portfolio turnover rate excludes securities received or delivered from in-kind transactions.
INTERNATIONAL HIGH DIVIDEND ETF
Period ended 3-31-261 4-30-25 4-30-24 4-30-232
Per share operating performance        
Net asset value, beginning of period $31.73 $29.38 $27.21 $24.91
Net investment income3 1.19 1.33 1.21 0.594
Net realized and unrealized gain on investments 8.08 2.55 2.30 1.85
Total from investment operations 9.27 3.88 3.51 2.44
Less distributions        
From net investment income (1.24) (1.53) (1.34) (0.14)
Total distributions (1.24) (1.53) (1.34) (0.14)
Net asset value, end of period $39.76 $31.73 $29.38 $27.21
Total return (%)5 29.756 13.84 13.39 9.796
Ratios and supplemental data        
Net assets, end of period (in millions) $11 $9 $8 $6
Ratios (as a percentage of average net assets):        
Expenses before reductions 2.037 2.16 2.35 1.658
Expenses including reductions 0.467 0.46 0.46 0.468
Net investment income 3.567 4.53 4.39 6.114,7
Portfolio turnover (%)9 37 43 20 5
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Period from 12-20-22 (commencement of operations) to 4-30-23.
3 Based on average daily shares outstanding.
4 Net investment income (loss) per share and ratio of net investment income (loss) to average net assets reflect a special dividend received by the fund, which amounted to $0.08 and 0.81%, respectively.
5 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
6 Not annualized.
7 Annualized.
8 Annualized. Certain expenses are presented unannualized.
9 Portfolio turnover rate excludes securities received or delivered from in-kind transactions.
SEE NOTES TO FINANCIAL STATEMENTS  | JOHN HANCOCK ACTIVE EQUITY ETFS 20
Table of Contents
U.S. HIGH DIVIDEND ETF
Period ended 3-31-261 4-30-25 4-30-24 4-30-232
Per share operating performance        
Net asset value, beginning of period $33.63 $31.45 $27.64 $24.95
Net investment income3 0.91 0.93 0.84 0.49
Net realized and unrealized gain on investments 6.52 2.22 3.75 2.61
Total from investment operations 7.43 3.15 4.59 3.10
Less distributions        
From net investment income (0.94) (0.97) (0.78) (0.41)
Total distributions (0.94) (0.97) (0.78) (0.41)
Net asset value, end of period $40.12 $33.63 $31.45 $27.64
Total return (%)4 22.185 9.88 16.89 12.455
Ratios and supplemental data        
Net assets, end of period (in millions) $9 $7 $8 $7
Ratios (as a percentage of average net assets):        
Expenses before reductions 2.076 1.90 1.97 1.567
Expenses including reductions 0.346 0.34 0.34 0.347
Net investment income 2.556 2.64 2.84 3.016
Portfolio turnover (%)8 26 37 18 15
    
   
1 For the eleven-month period ended 3-31-26. The fund changed its fiscal year end from April 30 to March 31.
2 Period from 9-27-22 (commencement of operations) to 4-30-23.
3 Based on average daily shares outstanding.
4 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
5 Not annualized.
6 Annualized.
7 Annualized. Certain expenses are presented unannualized.
8 Portfolio turnover rate excludes securities received or delivered from in-kind transactions.
21 JOHN HANCOCK ACTIVE EQUITY ETFS |  SEE NOTES TO FINANCIAL STATEMENTS
Table of Contents
Notes to financial statements
Note 1—Organization
John Hancock Exchange-Traded Fund Trust (the Trust) is an open-end management investment company organized as a Massachusetts business trust. The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act). It is a series company with multiple investment series, five of which are presented in this report (the funds). 
The investment objective of Disciplined Value International Select ETF and Disciplined Value Select ETF is to seek long-term capital growth.
The investment objective of Fundamental All Cap Core ETF is to seek long-term capital appreciation.
The investment objective of International High Dividend ETF and U.S. High Dividend ETF is to seek a high level of current income. Long-term growth of capital is a secondary objective for each fund.
Disciplined Value Select ETF commenced operations on August 5, 2025.
On December 9-11, 2025, the Board of Trustees approved a change of the fiscal year end of the funds from April 30 to March 31.
Note 2—Significant accounting policies
The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (US GAAP), which require management to make certain estimates and assumptions as of the date of the financial statements. Actual results could differ from those estimates and those differences could be significant. The funds qualify as investment companies under Topic 946 of Accounting Standards Codification of US GAAP.
Events or transactions occurring after the end of the fiscal period through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the funds:
Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the NYSE pursuant to the Valuation Policies and Procedures of the Advisor, John Hancock Investment Management LLC, the funds’ valuation designee.
In order to value the securities, the funds use the following valuation techniques: Equity securities, including exchange-traded and closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal market where the security trades. In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Investments by the funds in open-end mutual funds, including John Hancock Collateral Trust (JHCT), are valued at their respective NAVs each business day. Foreign securities and currencies are valued in U.S. dollars based on foreign currency exchange rates supplied by an independent pricing vendor valued at London close.
In certain instances, the Pricing Committee of the Advisor may determine to value equity securities using prices obtained from another exchange or market if trading on the exchange or market on which prices are typically obtained did not open for trading as scheduled, or if trading closed earlier than scheduled, and trading occurred as normal on another exchange or market.
Other portfolio securities and assets, for which reliable market quotations are not readily available, are valued at fair value as determined in good faith by the Pricing Committee following procedures established by the Advisor and adopted by the Board of Trustees. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready market for such securities existed. Trading in foreign securities may be completed before the scheduled daily close of trading on the NYSE. Significant events at the issuer or market level may affect the values of securities between the time when the valuation of the securities is generally determined and the close of the NYSE. If a significant event occurs, these securities may be fair valued, as determined in good faith by the Pricing Committee, following procedures established by the Advisor and adopted by the Board of Trustees. The Advisor may use fair value adjustment factors provided by an independent pricing vendor to value certain foreign securities in order to adjust for events that may occur between the close of foreign exchanges or markets and the close of the NYSE.
The funds use a three tier hierarchy to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities, including registered investment companies. Level 2 includes securities valued using other significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates, prepayment speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities valued using significant unobservable inputs when market prices are not readily available or reliable, including the Advisor’s assumptions in determining the fair value of investments. Factors used in determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.
As of March 31, 2026, all investments are categorized as Level 1 under the hierarchy described above.
Real estate investment trusts. The funds may invest in real estate investment trusts (REITs). Distributions from REITs may be recorded as income and subsequently characterized by the REIT at the end of their fiscal year as a reduction of cost of investments and/or as a realized gain. As a result, the funds will estimate the components of distributions from these securities. Such estimates are revised when the actual components of the distributions are known.
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Security transactions and related investment income. Investment security transactions are accounted for on a trade date plus one basis for daily NAV calculations. However, for financial reporting purposes, investment transactions are reported on trade date. Interest income is accrued as earned. Dividend income is recorded on ex-date, except for dividends of certain foreign securities where the dividend may not be known until after the ex-date. In those cases, dividend income, net of withholding taxes, is recorded when the fund becomes aware of the dividends. Non-cash dividends, if any, are recorded at the fair market value of the securities received. Gains and losses on securities sold are determined on the basis of identified cost and may include proceeds from litigation.
Securities lending. The funds may lend their securities to earn additional income. The funds receive collateral from the borrower in an amount not less than the market value of the loaned securities. The funds may invest their cash collateral in JHCT, an affiliate of the funds, which has a floating NAV and is registered with the Securities and Exchange Commission (SEC) as an investment company. JHCT is a government money market fund and invests in U.S. Government securities and/or repurchase agreements. Each fund will receive the benefit of any gains and bear any losses generated by JHCT with respect to the cash collateral.
The funds have the right to recall loaned securities on demand. If a borrower fails to return loaned securities when due, then the lending agent is responsible and indemnifies the funds for the lent securities. The lending agent uses the collateral received from the borrower to purchase replacement securities of the same issue, type, class and series of the loaned securities. If the value of the collateral is less than the purchase cost of replacement securities, the lending agent is responsible for satisfying the shortfall but only to the extent that the shortfall is not due to any decrease in the value of JHCT.
Although the risk of loss on securities lent is mitigated by receiving collateral from the borrower and through lending agent indemnification, the funds could experience a delay in recovering securities or could experience a lower than expected return if the borrower fails to return the securities on a timely basis. During the existence of the loan, the funds will receive from the borrower amounts equivalent to any dividends, interest or other distributions on the loaned securities, as well as interest on such amounts. The funds receive compensation for lending their securities by retaining a portion of the return on the investment of the collateral and compensation from fees earned from borrowers of the securities. Securities lending income received by the funds is net of fees retained by the securities lending agent. Net income received from JHCT is a component of securities lending income as recorded on the Statements of operations.
Obligations to repay collateral received by the funds are shown on the Statements of assets and liabilities as Payable upon return of securities loaned and are secured by the loaned securities. The following table summarizes the values of securities loaned by the funds and the corresponding cash collateral received at March 31, 2026.
In addition, non-cash collateral in the form of U.S. Treasuries was pledged, as indicated below. This non-cash collateral cannot be sold or repledged by the funds, and accordingly, is not reflected in the funds’ net assets.
Fund Market value of securities on loan Cash collateral received Non-cash collateral
Disciplined Value International Select ETF   $6,068,871   $3,423,074   $3,016,879
Disciplined Value Select ETF   106,280   109,000   —
International High Dividend ETF   878,079   308,150   629,798
U.S. High Dividend ETF   52,689   —   54,532
Foreign investing. Assets, including investments, and liabilities denominated in foreign currencies are translated into U.S. dollar values each day at the prevailing exchange rate. Purchases and sales of securities, income and expenses are translated into U.S. dollars at the prevailing exchange rate on the date of the transaction. The effect of changes in foreign currency exchange rates on the value of securities is reflected as a component of the realized and unrealized gains (losses) on investments. Foreign investments are subject to a decline in the value of a foreign currency versus the U.S. dollar, which reduces the dollar value of securities denominated in that currency.
Funds that invest internationally generally carry more risk than funds that invest strictly in U.S. securities. Risks can result from differences in economic and political conditions, regulations, market practices (including higher transaction costs), accounting standards and other factors.
Foreign taxes. The funds may be subject to withholding tax on income, capital gains or repatriations imposed by certain countries, a portion of which may be recoverable. Foreign taxes are accrued based upon the funds’ understanding of the tax rules and rates that exist in the foreign markets in which it invests. Taxes are accrued based on gains realized by the funds as a result of certain foreign security sales. In certain circumstances, estimated taxes are accrued based on unrealized appreciation of such securities. Investment income is recorded net of foreign withholding taxes.
Overdraft. The funds may have the ability to borrow from banks for temporary or emergency purposes, including meeting redemption requests that otherwise might require the untimely sale of securities. Pursuant to the funds’ custodian agreement, the custodian may loan money to the funds to make properly authorized payments. The funds are obligated to repay the custodian for any overdraft, including any related costs or expenses. The custodian may have a lien, security interest or security entitlement in any fund property that is not otherwise segregated or pledged, to the extent of any overdraft, and to the maximum extent permitted by law.
Line of credit. The funds and other affiliated funds have entered into a syndicated line of credit agreement with Citibank, N.A. as the administrative agent that enables them to participate in a $1 billion unsecured committed line of credit, which is in effect through July 13, 2026 unless extended or renewed. Excluding commitments designated for certain funds and subject to the needs of all other affiliated funds, a fund can borrow up to an aggregate commitment amount of $750 million, subject to asset coverage and other limitations as specified in the agreement.
A commitment fee payable at the end of each calendar quarter, based on the average daily unused portion of each line of credit, is charged to each participating fund based on an asset-based allocation and is reflected in Other expenses on the Statements of operations. For the period ended March 31, 2026, the funds had no borrowings under the line of credit.
Commitment fees for the period ended March 31, 2026 were as follows:
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Fund Commitment fee
Disciplined Value International Select ETF   $207
Disciplined Value Select ETF   54
Fundamental All Cap Core ETF   20
International High Dividend ETF   47
U.S. High Dividend ETF   41
Expenses. Within the John Hancock group of funds complex, expenses that are directly attributable to an individual fund are allocated to such fund. Expenses that are not readily attributable to a specific fund are allocated among all funds in an equitable manner, taking into consideration, among other things, the nature and type of expense and each fund’s relative net assets. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known. The Disciplined Value Select ETF incurred offering costs of $49,335 which are amortized over the fund’s first year of operations. During the period ended March 31, 2026, $31,823 of offering costs were expensed and are included in Professional fees and Printing and postage within the Statements of Operations. At March 31, 2026, $17,512 of unamortized offering costs are included in Other assets within the Statements of assets and liabilities.
Federal income taxes. Each fund intends to continue to qualify as a regulated investment company by complying with the applicable provisions of the Internal Revenue Code and will not be subject to federal income tax on taxable income that is distributed to shareholders. Therefore, no federal income tax provision is required.
For federal income tax purposes, as of March 31, 2026, certain funds have short-term and long-term capital loss carryforwards available to offset future net realized capital gains. These carryforwards do not expire. The following table details the capital loss carryforwards available as of March 31, 2026:
  No Expiration Date
Fund Short Term Long Term
Disciplined Value International Select ETF   $373,946   —
Disciplined Value Select ETF   1,019,033   —
International High Dividend ETF   401,687   $199,818
U.S. High Dividend ETF   483,754   206,400
Due to certain Internal Revenue Code rules, utilization of the capital loss carryforwards may be limited in future years.
As of March 31, 2026, the funds had no uncertain tax positions that would require financial statement recognition, derecognition or disclosure. The funds’ federal tax returns are subject to examination by the Internal Revenue Service for a period of three years.
For federal income tax purposes, the costs of investments owned on March 31, 2026, including short-term investments, were as follows:
Fund Aggregate
cost 		Unrealized
appreciation 		Unrealized
(depreciation) 		Net unrealized
appreciation/
(depreciation)
Disciplined Value International Select ETF   $55,830,639   $11,495,138   $(2,082,498)   $9,412,640
Disciplined Value Select ETF   504,365,772   8,592,537   (37,356,889)   (28,764,352)
Fundamental All Cap Core ETF   3,144,769   465,053   (239,069)   225,984
International High Dividend ETF   8,712,240   2,901,217   (231,725)   2,669,492
U.S. High Dividend ETF   7,317,004   2,218,245   (261,306)   1,956,939
Distribution of income and gains. Distributions to shareholders from net investment income and net realized gains, if any, are recorded on the ex-date. International High Dividend ETF and U.S. High Dividend ETF generally declare and pay dividends from net investment income quarterly. All other funds generally declare and pay dividends from net investment income annually. All funds generally declare and pay capital gain distributions, if any, annually.
The tax character of distributions for the period ended March 31, 2026 was as follows:
Fund Ordinary
Income 		Long Term
Capital Gains 		Total
Disciplined Value International Select ETF   $1,195,348 —   $1,195,348
Disciplined Value Select ETF   472,576 —   472,576
Fundamental All Cap Core ETF   20,049   $62,008   82,057
International High Dividend ETF   337,904 —   337,904
U.S. High Dividend ETF   205,891 —   205,891
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The tax character of distributions for the year ended April 30, 2025 was as follows:
Fund Ordinary
Income 		Long Term
Capital Gains 		Total
Disciplined Value International Select ETF   $482,888 —   $482,888
Fundamental All Cap Core ETF   28,677   $9   28,686
International High Dividend ETF   412,495 —   412,495
U.S. High Dividend ETF   239,879 —   239,879
       
The tax character of distributions for the year ended April 30, 2024 was as follows:
       
Fund       Ordinary
Income
Fundamental All Cap Core ETF     $4,154
International High Dividend ETF       319,370
U.S. High Dividend ETF       196,133
As of March 31, 2026, the components of distributable earnings on a tax basis were as follows:
Fund Undistributed
Ordinary Income
Disciplined Value International Select ETF   $8,309
Disciplined Value Select ETF   489,353
Fundamental All Cap Core ETF   1,818
International High Dividend ETF   71,304
U.S. High Dividend ETF   15,390
Such distributions and distributable earnings, on a tax basis, if any, are determined in conformity with income tax regulations, which may differ from US GAAP. Distributions in excess of tax basis earnings and profits, if any, are reported in the funds’ financial statements as a return of capital.
Capital accounts within the financial statements are adjusted for permanent book-tax differences at fiscal year end. These adjustments have no impact on net assets or the results of operations. Temporary book-tax differences, if any, will reverse in a subsequent period. Book-tax differences are primarily attributable to investments in passive foreign investment companies, treating a portion of the proceeds from redemptions as distributions for tax purposes, redemptions-in-kind and wash sale loss deferrals.
Note 3—Guarantees and indemnifications
Under the Trust’s organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust, including the funds. Additionally, in the normal course of business, the Trust enters into contracts with service providers that contain general indemnification clauses. The Trust’s maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Trust that have not yet occurred. The risk of material loss from such claims is considered remote.
Note 4—Fees and transactions with affiliates
John Hancock Investment Management LLC (the Advisor) serves as investment advisor for the funds. The Advisor is an indirect, principally owned subsidiary of John Hancock Life Insurance Company (U.S.A.), which in turn is a subsidiary of Manulife Financial Corporation (MFC).
Management fee. The funds have an investment management agreement with the Advisor under which each fund pays a monthly management fee to the Advisor equivalent on an annual basis as detailed below.
The management fee structure is as follows:
Disciplined Value International Select ETF - 0.61% of average daily net assets.
Disciplined Value Select ETF - 0.52% of average daily net assets.
Fundamental All Cap Core ETF - (a) 0.675% of the first $2.5 billion of aggregate daily net assets; and (b) 0.65% of the excess over $2.5 billion of aggregate daily net assets. Aggregate net assets include the fund, JHF II Fundamental All Cap Core Fund and JHVIT Fundamental All Cap Core Trust.
International High Dividend ETF - 0.39% of average daily net assets.
U.S. High Dividend ETF - 0.29% of average daily net assets.
The Advisor has subadvisory agreements with the organizations described below:
Fund Subadvisor(s)
Disciplined Value International Select ETF
Disciplined Value Select ETF 		Boston Partners Global Investors, Inc.
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Fund Subadvisor(s)
Fundamental All Cap Core ETF
International High Dividend ETF
U.S. High Dividend ETF 		Manulife Investment Management (US) LLC1
1 An affiliate of the Advisor.
The funds are not responsible for payment of the subadvisory fees.
Expense reimbursements. The Advisor contractually agrees to reduce its management fee or, if necessary, make payment to the fund in an amount equal to the amount by which expenses of the fund exceed the following:
Fund Expense
limitation as a
percentage of
average net
assets
Disciplined Value International Select ETF 0.69%
Disciplined Value Select ETF 0.56%
Fundamental All Cap Core ETF 0.72%
Fund Expense
limitation as a
percentage of
average net
assets
International High Dividend ETF 0.46%
U.S. High Dividend ETF 0.34%
Expenses means all the expenses of the funds, excluding (a) taxes, (b) brokerage commissions, (c) interest expense, (d) litigation and indemnification expenses and other extraordinary expenses not incurred in the ordinary course of the funds’ business, (e) borrowing costs, (f) prime brokerage fees, (g) acquired fund fees and expenses paid indirectly, and (h) short dividend expense. The funds’ expense limitation agreement expires on August 31, 2026, unless renewed by mutual agreement of the funds and the Advisor based upon a determination that this is appropriate under the circumstances at that time.
The Advisor has contractually agreed to waive a portion of its management fee and/or reimburse expenses for certain funds of the John Hancock group of funds complex, including the funds (the participating portfolios). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of the funds. During the period ended March 31, 2026, this waiver amounted to 0.01% of the funds’ average daily net assets, on an annualized basis. This agreement expires on July 31, 2027, unless renewed by mutual agreement of the funds and the Advisor based upon a determination that this is appropriate under the circumstances at that time.
For the period ended March 31, 2026, the expense reductions described above amounted to the following:
Fund Expense reimbursement
Disciplined Value International Select ETF   $104,130
Disciplined Value Select ETF   79,292
Fundamental All Cap Core ETF   163,401
Fund Expense reimbursement
International High Dividend ETF   $144,135
U.S. High Dividend ETF   137,112
Expenses waived or reimbursed in the current fiscal period are not subject to recapture in future fiscal periods.
The investment management fees, including the impact of the waivers and reimbursements as described above, incurred for the period ended March 31, 2026, were equivalent to a net annual effective rate of the funds’ average daily net assets:
Fund Net Annual Effective Rate
Disciplined Value International Select ETF 0.36%
Disciplined Value Select ETF 0.42%
Fundamental All Cap Core ETF 0.00%
Fund Net Annual Effective Rate
International High Dividend ETF 0.00%
U.S. High Dividend ETF 0.00%
Accounting and legal services. Pursuant to a service agreement, the funds reimburse the Advisor for all expenses associated with providing the administrative, financial, legal, compliance, accounting and recordkeeping services to the funds, including the preparation of all tax returns, periodic reports to shareholders and regulatory reports, among other services. These accounting and legal services fees incurred, for the period ended March 31, 2026, amounted to an annual rate of 0.02% of the funds’ average daily net assets.
Trustee expenses. The funds compensate each Trustee who is not an employee of the Advisor or its affiliates. The costs of paying Trustee compensation and expenses are allocated to each fund based on their net assets relative to other funds within the John Hancock group of funds complex.
Note 5—Capital share transactions
The funds will issue and redeem shares only in a large number of specified shares, each called a “creation unit,” or multiples thereof. The funds issue and redeem shares at NAV in creation units of 25,000, 25,000, 5,000, 10,000 and 10,000 shares for Disciplined Value International Select ETF, Disciplined Value Select ETF, Fundamental All Cap Core ETF, International High Dividend ETF, and U.S. High Dividend ETF, respectively.
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Only authorized participants may engage in creation or redemption transactions directly with the funds. Such transactions generally take place when an authorized participant deposits into a fund a designated portfolio of securities and/or cash in exchange for a specified number of creation units. Similarly, shares can be redeemed only in creation units, generally for a designated portfolio of securities and/or cash. For purposes of US GAAP, in-kind redemption transactions are treated as a sale of securities and any resulting gains and losses are recognized based on the market value of the securities on the date of the transfer. Authorized participants pay a transaction fee to the custodian when purchasing and redeeming creation units of the funds. The transaction fee is used to defray the costs associated with the issuance and redemption of creation units. Individual shares of the funds may only be purchased and sold in secondary market transactions through brokers. Secondary market transactions may be subject to brokerage commissions. Shares of the funds are listed and traded on the NYSE Arca, Inc., trade at market prices rather than NAV, and may trade at a price greater than or less than NAV.
Authorized participants transacting in creation or redemption of units for cash may also pay an additional variable charge to compensate the relevant fund for the costs associated with purchasing or selling the applicable securities. Fixed transaction fees payable to the custodian may also be incurred on creation and redemption transactions. For the period ended March 31, 2026, such variable and/or fixed transaction fees were approximately $3,856, $28, $300 and $100 for Disciplined Value International Select ETF, Fundamental All Cap Core ETF, International High Dividend ETF and U.S. High Dividend ETF, respectively. These charges are included in shares issued or repurchased on the Statements of Changes in Net Assets.
Affiliates, excluding investment by affiliated funds, of Disciplined Value International Select ETF, Fundamental All Cap Core ETF, International High Dividend ETF, and U.S. High Dividend ETF owned 32%, 77%, 60%, and 83%, respectively, of shares of the fund on March 31, 2026. Such concentration of shareholders’ capital could have a material effect on a fund if such shareholders redeem from the fund.
Note 6—Purchase and sale of securities
Purchases and sales of securities, other than short-term investments and in-kind transactions, amounted to for the period ended March 31, 2026. In addition, purchases and sales of in-kind transactions are aggregated below for the period ended March 31, 2026:
  Purchases Sales
Fund In-kind transactions Non in-kind transactions In-kind transactions Non in-kind transactions
Disciplined Value International Select ETF   $18,761,339   $14,567,226   $7,363,940   $5,912,548
Disciplined Value Select ETF   509,127,290   79,046,140   27,942,407   54,267,810
Fundamental All Cap Core ETF   828,413   2,521,974   1,759,564   2,577,604
International High Dividend ETF   4,208,125   3,632,817   3,344,508   4,180,823
U.S. High Dividend ETF   3,141,465   2,223,373   1,751,725   3,215,693
Note 7—Industry or sector risk
The funds may invest a large percentage of their assets in one or more particular industries or sectors of the economy. If a large percentage of a fund’s assets are economically tied to a single or small number of industries or sectors of the economy, the fund will be less diversified than a more broadly diversified fund, and it may cause the fund to underperform if that industry or sector underperforms. In addition, focusing on a particular industry or sector may make the fund’s NAV more volatile. Further, a fund that invests in particular industries or sectors is particularly susceptible to the impact of market, economic, regulatory and other factors affecting those industries or sectors. Financial services companies can be hurt by economic declines, changes in interest rates, and regulatory and market impacts. Information technology companies can be significantly affected by rapid obsolescence, short product cycles, competition from new market entrants, and heightened cybersecurity risk, among other factors.
Note 8—Investment in affiliated underlying funds
The funds may invest in affiliated underlying funds that are managed by the Advisor and its affiliates. Information regarding the funds’ fiscal year to date purchases and sales of the affiliated underlying funds as well as income and capital gains earned by the funds, if any, is as follows:
              Dividends and distributions
Affiliate Ending
share
amount 		Beginning
value 		Cost of
purchases 		Proceeds
from shares
sold 		Realized
gain
(loss) 		Change in
unrealized
appreciation
(depreciation) 		Income
distributions
received 		Capital gain
distributions
received 		Ending
value
Disciplined Value International Select ETF
John Hancock Collateral Trust* 342,284 —   $20,750,290   $(17,326,893)   $(290)   $316   $20,549 —   $3,423,423
Disciplined Value Select ETF
John Hancock Collateral Trust* 10,898 —   $776,400   $(667,340)   $(60)   $3   $2 —   $109,003
Fundamental All Cap Core ETF
John Hancock Collateral Trust 7,763 $83,646   $672,319   $(678,305)   $(16)   $1   $2,568 —   $77,645
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              Dividends and distributions
Affiliate Ending
share
amount 		Beginning
value 		Cost of
purchases 		Proceeds
from shares
sold 		Realized
gain
(loss) 		Change in
unrealized
appreciation
(depreciation) 		Income
distributions
received 		Capital gain
distributions
received 		Ending
value
International High Dividend ETF
John Hancock Collateral Trust* 42,289 $123,771   $3,981,294   $(3,681,975)   $(95)   $(32)   $6,901 —   $422,963
U.S. High Dividend ETF
John Hancock Collateral Trust* 14,669 $138,812   $331,567   $(323,654)   $66   $(80)   $5,166 —   $146,711
    
* Refer to the Securities lending note within Note 2 for details regarding this investment.
Note 9—Investment by affiliated funds
Certain investors in the funds are affiliated funds that are managed by the Advisor and its affiliates. The affiliated funds do not invest in the funds for the purpose of exercising management or control; however, this investment may represent a significant portion of the funds’ net assets. At March 31, 2026, funds within the John Hancock group of funds complex had the following affiliate ownership as a percentage of the funds’ net assets (funds with an affiliate ownership of 5% or more are disclosed separately):
Fund Affiliated Fund Affiliated Concentration
Disciplined Value Select ETF John Hancock Variable Insurance Trust Managed Volatility Growth Portfolio 57.0%
  John Hancock Variable Insurance Trust Managed Volatility Balanced
Portfolio 		31.4%
  Other affiliated funds 6.2%
  Total 94.6%
Note 10—Segment reporting
The management committee of the Advisor acts as the funds’ chief operating decision maker (the CODM), assessing performance and making decisions about resource allocation. Each fund represents a single operating segment, as the CODM monitors and assesses the operating results of the fund as a whole, and the fund’s long-term strategic asset allocation is managed in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the portfolio management team of the fund’s subadvisor. Segment assets are reflected in the Statements of assets and liabilities as “Total assets”, which consists primarily of total investments at value. The financial information, including the measurement of profit and loss and significant expenses, provided to and reviewed by the CODM is consistent with that presented within the Statements of operations, which includes “Increase (decrease) in net assets from operations”, Statements of changes in net assets, which includes “Increase (decrease) in net assets from fund share transactions”, and Financial highlights, which includes total return and income and expense ratios.
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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Board of Trustees of John Hancock Exchange-Traded Fund Trust and Shareholders of Disciplined Value International Select ETF, Disciplined Value Select ETF, Fundamental All Cap Core ETF, International High Dividend ETF and U.S. High Dividend ETF.
Opinions on the Financial Statements      
We have audited the accompanying statements of assets and liabilities, including the Funds’ investments, of Disciplined Value International Select ETF, Fundamental All Cap Core ETF, International High Dividend ETF, U.S. High Dividend ETF and Disciplined Value Select ETF (five of the funds constituting John Hancock Exchange-Traded Fund Trust, hereafter collectively referred to as the "Funds") as of March 31, 2026, the related statements of operations for each of the periods indicated in the table below, the statements of changes in net assets for each of the periods indicated in the table below, including the related notes, and the financial highlights for each of the periods indicated in the table below (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds as of March 31, 2026, the results of each of their operations for each of the periods indicated in the table below, the changes in each of their net assets for each of the periods indicated in the table below and each of the financial highlights for each of the periods indicated in the table below, in conformity with accounting principles generally accepted in the United States of America.
Fund Statements of
operations 		Statements of
changes in net assets 		Financial Highlights
Disciplined Value International Select ETF For the eleven-month period ended March 31, 2026 and for the year ended April 30, 2025 For the eleven-month period ended March 31, 2026 and for the year ended April 30, 2025 and for the period December 19, 2023 (commencement of operations) through April 30, 2024 For the eleven-month period ended March 31, 2026 and for the year ended April 30, 2025 and for the period December 19, 2023 (commencement of operations) through April 30, 2024
Disciplined Value Select ETF For the period August 5, 2025 (commencement of operations) through March 31, 2026 For the period August 5, 2025 (commencement of operations)  through March 31, 2026 For the period August 5, 2025 (commencement of operations)  through March 31, 2026
Fundamental All Cap Core ETF For the eleven-month period ended March 31, 2026 and for the year ended April 30, 2025 For the eleven-month period ended March 31, 2026 and for the year ended April 30, 2025 and for the period November 1, 2023 (commencement of operations) through April 30, 2024 For the eleven-month period ended March 31, 2026 and for the year ended April 30, 2025 and for the period November 1, 2023 (commencement of operations) through April 30, 2024
International High Dividend ETF For the eleven-month period ended March 31, 2026 and for the year ended April 30, 2025 For the eleven-month period ended March 31, 2026 and for each of the two years ended April 30, 2025 and April 30, 2024 For the eleven-month period ended March 31, 2026 and for each of the two years ended April 30, 2025 and April 30, 2024 and for the period December 20, 2022 (commencement of operations) through April 30, 2023
U.S. High Dividend ETF For the eleven-month period ended March 31, 2026 and for the year ended April 30, 2025 For the eleven-month period ended March 31, 2026 and for each of the two years ended April 30, 2025 and April 30, 2024 For the eleven-month period ended March 31, 2026 and for each of the two years ended April 30, 2025 and April 30, 2024 and for the period September 27, 2022 (commencement of operations) through April 30, 2023
Basis for Opinions      
These financial statements are the responsibility of the Funds’ management. Our responsibility is to express an opinion on the Funds’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
29 JOHN HANCOCK ACTIVE EQUITY ETFS |   
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Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of March 31, 2026 by correspondence with the custodian, transfer agent and broker; when replies were not received from the broker, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinions.
/s/ PricewaterhouseCoopers LLP
Boston, Massachusetts
May 19, 2026 		     
We have served as the auditor of one or more investment companies in the John Hancock group of funds since 1988.
   | JOHN HANCOCK ACTIVE EQUITY ETFS 30
Table of Contents
Tax information
(Unaudited)
For federal income tax purposes, the following information is furnished with respect to the distributions of the funds, if any, paid during its taxable period ended March 31, 2026.
Each fund reports the maximum amount allowable of its net taxable income as eligible for the corporate dividends-received deduction.
Each fund reports the maximum amount allowable of its net taxable income as qualified dividend income as provided in the Jobs and Growth Tax Relief Reconciliation Act of 2003.
Each fund reports the maximum amount allowable as Section 163(j) Interest Dividends.
Each fund reports the maximum amount allowable of its Section 199A dividends as defined in Proposed Treasury Regulation §1.199A-3(d).
Fund Foreign sourced income Foreign tax credit
Disciplined Value International Select ETF $1,280,615 $139,177
International High Dividend ETF 408,630 36,501
    
Fund Long term capital gains
Fundamental All Cap Core ETF $141,884
Eligible shareholders will be mailed a 2026 Form 1099-DIV in early 2027. This will reflect the tax character of all distributions paid in calendar year 2026.
Please consult a tax advisor regarding the tax consequences of your investment in a fund.
31 JOHN HANCOCK ACTIVE EQUITY ETFS |   
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SHAREHOLDER MEETING
(Unaudited)
John Hancock Exchange-Traded Fund Trust held a Special Joint Meeting of Shareholders on Wednesday, November 12, 2025. The following proposal was considered by the shareholders:
Proposal: To elect five Trustees as members of the Board of Trustees of the Trust.
THE PROPOSAL PASSED ON November 12, 2025.
  Total votes
for the nominee 		Total votes withheld
from the nominee
Independent Trustees    
William K. Bacic 88,673,331 1,228,907
Christine L. Hurtsellers 88,908,859 993,379
Kenneth J. Phelan 88,618,058 1,284,180
Thomas R. Wright 88,695,923 1,206,315
    
Non-Independent Trustee    
Kristie M. Feinberg 88,864,414 1,037,824
   | JOHN HANCOCK ACTIVE EQUITY ETFS 32
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John Hancock Investment Management LLC, 200 Berkeley Street, Boston, MA 02116, 800-225-6020, jhinvestments.com/etf
Manulife, Manulife Investments, Stylized M Design, and Manulife Investments & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and John Hancock and the Stylized John Hancock Design are trademarks of John Hancock Life Insurance Company (U.S.A.). Each are used by it and by its affiliates under license.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
This report is for the information of the shareholders of John Hancock Active Equity ETFs. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.
JHAN-20180615-0136 ETF2A 3/2026
5/2026


Annual Financial Statements & Other N-CSR Items
John Hancock
Global Senior Loan ETF
Fixed income
March 31, 2026
John Hancock
Global Senior Loan ETF
Table of contents
2 Consolidated Fund’s investments
29 Consolidated financial statements
32 Consolidated financial highlights
33 Notes to consolidated financial statements
42 Report of independent registered public accounting firm
43 Tax information
44 Shareholder meeting
1 JOHN HANCOCK GLOBAL SENIOR LOAN ETF |   
Table of Contents
Consolidated Fund’s investments
AS OF 3-31-26
  Rate (%) Maturity date   Par value^ Value
Senior loans (A) 80.8%         $487,586,783
(Cost $495,595,519)          
Communication services 6.9% 41,678,700
Diversified telecommunication services 1.9%
Crown Subsea Communications Holding, Inc., 2026 Term Loan B (1 month CME Term SOFR + 3.000%) 6.668 01-30-31   870,778 872,301
Eircom Finco Sarl, 2025 EUR Term Loan B6 (1 month EURIBOR + 2.750%) 4.691 05-15-32 EUR 2,000,000 2,293,362
Level 3 Financing, Inc., 2025 Repriced Term Loan B4 (B) TBD 03-29-32   926,739 925,775
Masorange Finco PLC, 2025 EUR Term Loan B (6 month EURIBOR + 2.250%) 4.384 03-25-31 EUR 1,500,000 1,723,236
Matterhorn Telecom Holding SA, EUR Term Loan B (B) TBD 01-30-32 EUR 1,000,000 1,147,775
Odido Holding BV, 2025 EUR Term Loan B (B) TBD 03-30-29 EUR 1,000,000 1,150,402
Zacapa Sarl, 2024 Term Loan (3 month CME Term SOFR + 3.750%) 7.450 03-22-29   1,306,228 1,301,003
Zayo Group Holdings, Inc., 2025 USD Term Loan (3 month CME Term SOFR + 3.000%) 6.700 03-11-30   826,362 810,115
Zegona Holdco, Ltd., 2026 EUR Repriced Term Loan B (6 month EURIBOR + 2.250%) 4.391 07-17-29 EUR 1,400,000 1,608,208
Entertainment 1.9%
Banijay Entertainment SAS, 2025 EUR Term Loan B (2032) (3 month EURIBOR + 3.250%) 5.276 02-10-32 EUR 2,000,000 2,300,482
International Entertainment JJCo 3, Ltd., GBP Term Loan (B) TBD 04-29-32 GBP 2,000,000 2,613,214
Live Nation Entertainment, Inc., 2025 Term Loan B (1 month CME Term SOFR + 2.000%) 5.675 10-21-32   925,636 924,479
Mediawan Financing SAS, 2025 EUR Term Loan B (B) TBD 07-08-31 EUR 2,000,000 2,267,921
OAK-Eagle Acquireco, Inc., EUR Term Loan B (B) TBD 03-24-33 EUR 2,000,000 2,280,572
OAK-Eagle Acquireco, Inc., USD Term Loan B (B) TBD 03-24-33   109,980 109,293
Playtika Holding Corp., 2021 Term Loan B1 (1 month CME Term SOFR + 2.750%) 6.532 03-13-28   868,837 816,342
SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  | JOHN HANCOCK GLOBAL SENIOR LOAN ETF 2
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  Rate (%) Maturity date   Par value^ Value
Communication services (continued)  
Interactive media and services 0.3%
Arches Buyer, Inc., 2021 Term Loan B (1 month CME Term SOFR + 3.250%) 7.018 12-06-27   1,488,691 $1,481,486
MH Sub I LLC, 2023 Term Loan (1 month CME Term SOFR + 4.250%) 7.918 05-03-28   108,698 93,169
Media 2.5%
Century DE Buyer LLC, 2025 Term Loan B (3 month CME Term SOFR + 3.000%) 6.667 10-30-30   868,292 842,425
Coral-US Co-Borrower LLC, 2021 Term Loan B6 (1 month CME Term SOFR + 3.000%) 6.787 10-15-29   870,778 864,342
Directv Financing LLC, 2024 Term Loan (3 month CME Term SOFR + 5.250%) 9.178 08-02-29   851,443 852,643
Dotdash Meredith, Inc., 2025 Term Loan B (1 month CME Term SOFR + 3.500%) 7.168 06-16-32   498,750 469,917
Gray Media, Inc., 2021 Term Loan D (1 month CME Term SOFR + 3.000%) 6.782 12-01-28   870,778 870,177
Light & Wonder International, Inc., 2026 Term Loan B (1 month CME Term SOFR + 2.000%) 5.675 04-16-29   1,427,956 1,426,770
Magnite, Inc., 2025 Repriced Term Loan B (B) TBD 02-06-31   730,000 720,875
Nexstar Media, Inc., 2025 Term Loan B5 (1 month CME Term SOFR + 2.500%) 6.168 06-28-32   870,169 860,067
Sunrise Financing Partnership, Term Loan AAA (B) TBD 02-15-32   990,000 982,268
Telenet Financing USD LLC, 2020 USD Term Loan AR (1 month CME Term SOFR + 2.000%) 5.787 04-28-28   990,000 976,595
Univision Communications, Inc., 2022 Term Loan B (1 month CME Term SOFR + 3.250%) 7.032 01-31-29   925,545 912,356
Versant Media Group, Inc., Term Loan B (3 month CME Term SOFR + 3.500%) 7.200 01-30-31   990,000 988,149
Wasserman Media Group LLC, Repriced Term Loan B (1 month CME Term SOFR + 2.500%) 6.168 06-23-32   1,346,446 1,336,348
Zephyr Midco 2, Ltd., 2025 GBP Term Loan B3 (1 month SONIA + 4.750%) 8.479 07-20-28 GBP 1,000,000 1,238,483
Ziggo BV, 2019 EUR Term Loan H (1 month EURIBOR + 3.000%) 4.940 01-31-29 EUR 1,000,000 1,111,988
3 JOHN HANCOCK GLOBAL SENIOR LOAN ETF |  SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Communication services (continued)  
Media (continued)
Ziggo Financing Partnership, 2025 Term Loan B (B) TBD 01-15-33   927,956 $900,813
Wireless telecommunication services 0.3%
Vmed O2 UK Holdco 4, Ltd., 2026 EUR Term Loan Z (B) TBD 10-15-31 EUR 1,500,000 1,605,349
Consumer discretionary 13.3% 80,394,592
Automobile components 0.3%
Clarios Global LP, 2024 USD Term Loan B (1 month CME Term SOFR + 2.500%) 6.168 05-06-30   845,319 841,887
LS Group OpCo Acquistion LLC, 2025 Term Loan B (3 month CME Term SOFR + 2.500%) 6.173 04-23-31   925,618 922,147
Automobiles 0.3%
Belron UK Finance PLC, 2026 EUR Term Loan B (3 month EURIBOR + 2.250%) 4.270 10-16-31 EUR 1,400,000 1,605,885
Broadline retail 0.3%
Peer Holding III BV, 2025 EUR Term Loan B7 (3 month EURIBOR + 2.750%) 4.872 11-26-31 EUR 1,500,000 1,721,283
Distributors 0.6%
BCPE Empire Holdings, Inc., 2026 10th Amendment Term Loan (B) TBD 12-29-32   1,427,956 1,403,866
Parts Europe SA, 2025 EUR Repriced Term Loan B (B) TBD 02-06-31 EUR 2,000,000 2,300,874
Diversified consumer services 2.3%
Adonis SAS, 2024 EUR Term Loan B (6 month EURIBOR + 4.000%) 6.139 11-14-31 EUR 1,600,000 1,218,603
Eagle Bidco, Ltd., 2025 EUR Term Loan B (1 month EURIBOR + 3.500%) 5.392 02-29-32 EUR 2,000,000 2,298,869
Fugue Finance BV, 2026 EUR Term Loan B (3 month EURIBOR + 2.750%) 4.795 01-09-32 EUR 2,000,000 2,284,236
Fugue Finance LLC, 2026 USD Term Loan B (3 month CME Term SOFR + 2.250%) 5.921 01-09-32   735,000 724,666
Inspired Finco Holdings, Ltd., 2026 EUR Term Loan B8 (B) TBD 02-28-31 EUR 2,000,000 2,289,628
KUEHG Corp., 2025 Term Loan (B) TBD 06-12-30   927,956 826,873
Prometric Holdings, Inc., 2025 Term Loan B (1 month CME Term SOFR + 3.750%) 7.418 06-25-32   869,223 864,156
Sapiencia Bidco SL, EUR Term Loan B (B) TBD 02-18-33 EUR 2,000,000 2,293,200
SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  | JOHN HANCOCK GLOBAL SENIOR LOAN ETF 4
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Consumer discretionary (continued)  
Diversified consumer services (continued)
Whatabrands LLC, 2024 1st Lien Term Loan B (1 month CME Term SOFR + 2.500%) 6.168 08-03-28   927,468 $925,317
Hotels, restaurants and leisure 6.3%
Allwyn Entertainment Financing UK PLC, EUR Term Loan B (B) TBD 03-28-32 EUR 1,000,000 1,135,205
Allwyn Entertainment Financing US LLC, 2025 1st Lien Term Loan B (B) TBD 11-24-32   927,956 909,397
Aramark Services, Inc., 2025 Term Loan (B) TBD 06-22-30   927,956 927,956
Betclic Everest Group SAS, 2026 EUR Term Loan B (B) TBD 12-10-31 EUR 1,000,000 1,132,036
Betclic Everest Group SAS, 2026 USD Term Loan B (B) TBD 12-10-31   735,000 731,788
Bulldog Purchaser, Inc., 2026 Term Loan (B) TBD 02-04-33   1,370,778 1,367,351
Caesars Entertainment, Inc., 2024 Term Loan B1 (1 month CME Term SOFR + 2.250%) 5.918 02-06-31   867,947 840,824
Dave & Buster’s, Inc., 2024 Term Loan B (3 month CME Term SOFR + 3.250%) 6.938 06-29-29   919,440 800,676
DK Crown Holdings, Inc., 2025 EUR Term Loan B (B) TBD 03-04-32   927,956 926,220
Dorna Sports SL, 2025 EUR Term Loan B (B) TBD 08-18-32 EUR 2,000,000 2,299,676
Elvis UK Holdco, Ltd., 2025 EUR Term Loan B (3 month EURIBOR + 3.600%) 5.627 10-31-31 EUR 2,000,000 2,303,870
Entain Holdings Gibraltar, Ltd., 2025 Term Loan B6 (B) TBD 10-31-29   927,956 926,944
EOC Borrower LLC, Term Loan B (1 month CME Term SOFR + 2.750%) 6.418 03-24-32   867,983 863,860
Fertitta Entertainment LLC/NV, 2022 Term Loan B (1 month CME Term SOFR + 3.250%) 6.918 01-27-29   988,708 968,074
Financiere Pax SAS, 2025 EUR Repriced Term Loan B (3 month EURIBOR + 3.500%) 5.635 12-31-29 EUR 1,500,000 1,694,391
Flutter Financing BV, 2024 Term Loan B (3 month CME Term SOFR + 1.750%) 5.450 11-30-30   867,940 857,091
Flynn Restaurant Group LP, 2025 Incremental Term Loan (1 month CME Term SOFR + 3.750%) 7.418 01-28-32   867,976 851,347
5 JOHN HANCOCK GLOBAL SENIOR LOAN ETF |  SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Consumer discretionary (continued)  
Hotels, restaurants and leisure (continued)
Four Seasons Hotels, Ltd., 2025 Term Loan B (1 month CME Term SOFR + 1.750%) 5.418 09-22-32   925,624 $930,641
HBX Group International PLC, EUR Term Loan B (6 month EURIBOR + 2.250%) 4.389 02-13-32 EUR 1,000,000 1,121,597
Herschend Entertainment Company LLC, 2026 Term Loan B (1 month CME Term SOFR + 2.500%) 6.168 05-27-32   926,109 926,303
Hilton Domestic Operating Company, Inc., 2023 Term Loan B4 (1 month CME Term SOFR + 1.750%) 5.429 11-08-30   990,000 991,238
Hilton Grand Vacations Borrower LLC, 2021 Term Loan B (1 month CME Term SOFR + 2.000%) 5.668 08-02-28   869,070 867,983
Latham Pool Products, Inc., 2022 Term Loan B (B) TBD 02-23-29   927,956 920,708
Motel One GmbH, EUR Repriced Term Loan B (B) TBD 06-04-32 EUR 2,000,000 2,291,679
New Red Finance, Inc., 2024 Term Loan B6 (1 month CME Term SOFR + 1.750%) 5.418 09-20-30   862,696 860,220
Penn Entertainment, Inc., 2022 Term Loan B (B) TBD 05-03-29   927,956 929,886
Sgh2 LLC, 2025 USD Term Loan B (3 month CME Term SOFR + 4.500%) 8.200 08-18-32   868,292 852,011
Six Flags Entertainment Corp., 2024 Term Loan B (1 month CME Term SOFR + 2.000%) 5.668 05-01-31   988,737 972,670
Station Casinos LLC, 2024 Term Loan B (1 month CME Term SOFR + 2.000%) 5.668 03-14-31   844,293 843,347
Tackle Sarl, 2025 EUR Repriced Term Loan B2 (B) TBD 05-22-28 EUR 2,000,000 2,298,869
TRQ Sales LLC, Term Loan B (3 month CME Term SOFR + 0.186%) 3.886 12-30-32   990,000 957,211
WSH Services Holding, Ltd., 2025 GBP Term Loan B (B) TBD 05-16-31 GBP 2,000,000 2,631,853
Household durables 0.2%
AI Aqua Merger Sub, Inc., 2026 Term Loan B (1 and 3 month CME Term SOFR + 2.750%) 6.414 07-31-28   1,370,168 1,366,098
SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  | JOHN HANCOCK GLOBAL SENIOR LOAN ETF 6
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Consumer discretionary (continued)  
Leisure products 0.6%
19th Holdings Golf LLC, 2022 Term Loan B (1 month CME Term SOFR + 3.250%) 7.023 02-07-29   867,896 $865,726
Bombardier Produits Recreatifs, Inc., 2023 Term Loan B3 (1 month CME Term SOFR + 2.250%) 5.918 12-13-29   990,000 990,356
GSM Holdings, Inc., 2024 Term Loan B (3 month CME Term SOFR + 5.000%) 8.700 09-30-31   868,906 860,204
Recess Holdings, Inc., 2025 Repriced Term Loan (3 month CME Term SOFR + 3.750%) 7.418 02-20-30   987,500 988,557
Specialty retail 1.9%
American Greetings Corp., 2024 Term Loan B (1 month CME Term SOFR + 5.750%) 9.418 10-30-29   868,438 864,964
Burlington Coat Factory Warehouse Corp., 2024 Term Loan B (1 month CME Term SOFR + 1.750%) 5.418 09-24-31   867,962 865,792
Great Outdoors Group LLC, 2025 Term Loan B (1 month CME Term SOFR + 3.250%) 6.918 01-23-32   925,612 922,836
Harbor Freight Tools USA, Inc., 2024 Term Loan B (B) TBD 06-11-31   927,956 917,266
Mavis Tire Express Services Topco Corp., 2025 Repriced Term Loan (1 month CME Term SOFR + 3.000%) 6.668 05-04-28   988,149 986,548
Petco Health & Wellness Company, Inc., 2026 Term Loan B (3 month CME Term SOFR + 4.250%) 7.950 02-03-31   927,956 905,072
PetSmart LLC, 2025 USD Term Loan B (1 month CME Term SOFR + 4.000%) 7.675 08-18-32   870,778 864,029
Restoration Hardware, Inc., Term Loan B (1 month CME Term SOFR + 2.500%) 6.282 10-20-28   868,847 844,337
Sally Holdings LLC, 2024 Term Loan B (1 month CME Term SOFR + 1.750%) 5.418 02-28-30   870,309 868,133
Staples, Inc., 2024 Term Loan B (3 month CME Term SOFR + 5.750%) 9.414 09-04-29   990,000 897,494
The Michaels Companies, Inc., 2026 Term Loan B (3 month CME Term SOFR + 5.000%) 8.669 03-15-33   927,956 898,539
Valvoline, Inc., Term Loan B (1 month CME Term SOFR + 2.000%) 5.668 12-01-32   498,750 499,997
7 JOHN HANCOCK GLOBAL SENIOR LOAN ETF |  SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Consumer discretionary (continued)  
Specialty retail (continued)
Victra Holdings LLC, 2025 Term Loan B (3 month CME Term SOFR + 3.750%) 7.450 03-29-29   1,361,486 $1,341,064
Textiles, apparel and luxury goods 0.5%
Beach Acquisition Bidco LLC, EUR PIK Term Loan B (3 month EURIBOR + 3.500%) 5.627 09-12-32 EUR 2,000,000 2,267,921
Samsonite IP Holdings Sarl, 2025 Term Loan B (1 month CME Term SOFR + 1.750%) 5.418 11-05-32   925,636 925,247
Consumer staples 8.0% 48,103,484
Beverages 0.3%
Celsius Holdings, Inc., 2025 Term Loan B (3 month CME Term SOFR + 2.500%) 6.200 04-01-32   842,534 843,326
Pegasus Bidco BV, 2025 USD Repriced Term Loan B (B) TBD 07-12-29   927,956 923,604
Primo Brands Corp., 2026 Term Loan B (B) TBD 03-31-31   200,000 200,218
Consumer staples distribution and retail 1.9%
Bellis Acquisition Company PLC, 2024 EUR Term Loan B (6 month EURIBOR + 4.000%) 6.079 05-14-31 EUR 1,400,000 1,431,608
Boots Group Bidco, Ltd., GBP Term Loan B (1 month SONIA + 4.500%) 8.227 08-30-32 GBP 1,500,000 1,973,658
Boots Group Finco LP, USD Term Loan (3 month CME Term SOFR + 3.250%) 6.924 08-30-32   868,601 870,772
Euro Ethnic Foods Bidco SAS, 2025 EUR Term Loan B (B) TBD 03-11-31 EUR 2,000,000 2,294,975
Market Bidco, Ltd., 2024 EUR Term Loan B (3 month EURIBOR + 4.500%) 6.511 11-04-30 EUR 1,500,000 1,679,700
United Natural Foods, Inc., 2024 Term Loan (B) TBD 05-01-31   927,956 930,508
ZF Invest SAS, 2026 EUR Term Loan B (B) TBD 07-12-33 EUR 2,000,000 2,287,992
Food products 4.4%
Alltech, Inc., 2025 Term Loan (1 month CME Term SOFR + 4.250%) 8.032 08-13-30   496,241 497,794
Artisan Newco BV, 2025 EUR Repriced Term Loan B (3 month EURIBOR + 3.500%) 5.529 04-05-32 EUR 1,479,874 1,693,396
Asterix Acquico GmbH, EUR 1st Lien Term Loan B (3 month EURIBOR + 3.750%) 5.776 03-29-32 EUR 1,500,000 1,726,139
SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  | JOHN HANCOCK GLOBAL SENIOR LOAN ETF 8
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Consumer staples (continued)  
Food products (continued)
Chobani LLC, 2025 Term Loan B (1 month CME Term SOFR + 2.250%) 5.918 10-28-32   925,636 $925,247
Flora Food Management BV, 2026 GBP Term Loan B14 (B) TBD 10-31-30 GBP 1,000,000 1,252,764
Froneri US, Inc., 2024 USD Term Loan B4 (6 month CME Term SOFR + 2.250%) 5.877 09-30-31   1,488,747 1,456,962
Golden State Foods LLC, 2026 Term Loan B (3 month CME Term SOFR + 3.500%) 7.200 12-04-31   927,956 927,956
Iceberg Acquisitions UK, Ltd., EUR Term Loan B (B) TBD 02-21-33 EUR 1,000,000 1,126,759
Nomad Foods Europe Midco, Ltd., 2025 EUR Term Loan B (B) TBD 10-28-32 EUR 1,000,000 1,131,322
Nomad Foods US LLC, 2025 EUR Term Loan B (B) TBD 10-28-32   927,956 908,237
Nourish Buyer I, Inc., 2026 Repriced Term Loan B (3 month CME Term SOFR + 4.000%) 7.669 07-09-32   870,473 871,022
Peralta Inversiones Globales SL, 2025 EUR Term Loan B (B) TBD 07-15-31 EUR 2,000,000 2,284,236
PFI Lower Midco LLC, Term Loan B (1 month CME Term SOFR + 4.000%) 7.668 12-01-32   925,636 927,376
Pimente Investissement SASU, USD Term Loan B (B) TBD 12-29-28 EUR 2,000,000 2,300,874
Primary Products Finance LLC, 2024 1st Lien Term Loan B (3 month CME Term SOFR + 3.250%) 6.896 04-01-29   780,066 773,732
Seashell Bidco SL, EUR Term Loan B (B) TBD 12-17-32 EUR 2,000,000 2,300,551
Simply Good Foods USA, Inc., 2023 Term Loan B (B) TBD 03-17-30   927,956 929,505
Thyme Holdco Sarl, 2025 EUR Term Loan B (B) TBD 07-19-32 EUR 2,000,000 2,307,280
Upfield BV, 2026 USD Repriced Term Loan (B) TBD 10-31-30   985,000 962,227
Wayne-Sanderson Farms LLC, 2025 Repriced Term Loan B (1 month CME Term SOFR + 2.000%) 5.676 05-21-32   926,114 924,187
Household products 0.5%
Lavender Dutch BorrowerCo BV, EUR Term Loan (B) TBD 12-30-32 EUR 2,000,000 2,282,393
Lavender US HoldCo 1, Inc., USD Term Loan (B) TBD 12-30-32   927,956 912,876
Personal care products 0.9%
Cooper Consumer Health SAS, 2025 EUR Term Loan B4 (B) TBD 11-06-28 EUR 1,000,000 1,153,317
9 JOHN HANCOCK GLOBAL SENIOR LOAN ETF |  SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Consumer staples (continued)  
Personal care products (continued)
KDC/ONE Development Corp, Inc., 2025 USD Term Loan (1 month CME Term SOFR + 3.500%) 7.168 08-15-28   870,778 $862,253
Opal Bidco SAS, EUR Term Loan B3 (3 month EURIBOR + 3.250%) 5.377 04-28-32 EUR 2,000,000 2,301,727
Opal US LLC, USD Term Loan B4 (B) TBD 04-28-32   927,956 926,991
Energy 2.0% 12,084,311
Energy equipment and services 0.1%
Goodnight Water Solutions Holdings LLC, 2024 Term Loan B (1 month CME Term SOFR + 4.000%) 7.668 06-04-29   868,801 867,715
Oil, gas and consumable fuels 1.9%
Brazos Delaware II LLC, 2025 Repriced Term Loan B (B) TBD 02-11-30   927,956 929,264
CD&R Firefly Bidco PLC, 2025 GBP Term Loan (3 month SONIA + 4.750%) 8.477 04-29-29 GBP 1,500,000 1,970,414
Colossus Acquireco LLC, Term Loan B (3 month CME Term SOFR + 1.750%) 5.380 07-30-32   868,292 864,628
Crescent Midstream Intermediate Holdings LLC, Term Loan B (B) TBD 02-18-33   1,235,000 1,237,569
Deep Blue Operating I LLC, Term Loan (1 month CME Term SOFR + 2.750%) 6.421 10-01-32   927,956 930,276
EG Finco, Ltd., 2026 EUR Term Loan B (1 month EURIBOR + 3.500%) 5.392 02-10-31 EUR 1,500,000 1,704,138
Freeport LNG Investments LLLP, 2026 Term Loan B (B) TBD 02-11-33   927,956 927,185
M6 ETX Holdings II Midco LLC, 2025 1st Lien Term Loan B (1 month CME Term SOFR + 2.500%) 6.168 04-01-32   857,958 860,240
Par Petroleum LLC, 2025 Term Loan B (3 month CME Term SOFR + 3.250%) 6.933 02-28-30   868,881 868,228
TransMontaigne Partners LLC, Term Loan B (B) TBD 03-16-30   926,739 924,654
Financials 6.6% 39,800,646
Banks 0.2%
Chrysaor Bidco Sarl, 2025 USD Term Loan B (B) TBD 10-30-31   927,956 925,636
Capital markets 1.4%
Jefferies Finance LLC, 2024 Term Loan (1 month CME Term SOFR + 2.750%) 6.428 10-21-31   1,369,861 1,345,888
SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  | JOHN HANCOCK GLOBAL SENIOR LOAN ETF 10
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Financials (continued)  
Capital markets (continued)
Project Aurora US Finco, Inc., EUR Term Loan B (B) TBD 12-06-32 EUR 2,000,000 $2,294,329
Project Aurora US Finco, Inc., USD Term Loan B (B) TBD 12-06-32   927,956 927,956
Sedgwick Claims Management Services, Inc., 2023 Term Loan B (1 month CME Term SOFR + 2.500%) 6.168 07-31-31   1,489,337 1,460,354
Trevise Holdings 1 SAS, 2025 EUR Term Loan B (B) TBD 07-09-29 EUR 2,000,000 2,305,045
Consumer finance 0.1%
NorthAB LLC, 2025 Repriced Term Loan B (3 month CME Term SOFR + 2.500%) 6.200 11-23-28   994,969 907,630
Financial services 2.9%
Acuren Delaware Holdco, Inc., 2025 Term Loan (1 month CME Term SOFR + 2.750%) 6.418 07-30-31   867,969 866,068
Allspring Buyer LLC, 2024 Term Loan B (3 month CME Term SOFR + 3.000%) 6.750 11-01-30   926,105 926,105
Apex Group Treasury LLC, 2025 USD Term Loan B (3 month CME Term SOFR + 3.500%) 7.166 02-27-32   183,305 166,502
Ascensus Holdings, Inc., 2024 Term Loan B (1 month CME Term SOFR + 3.000%) 6.668 11-25-32   927,956 912,004
EP Wealth Advisors LLC, 2025 Term Loan B (3 month CME Term SOFR + 3.000%) 6.700 10-18-32   730,000 730,000
First Eagle Holdings, Inc., Term Loan (3 month CME Term SOFR + 3.500%) 7.200 08-16-32   1,380,205 1,358,703
Guardian US Holdco LLC, 2023 Term Loan B (3 month CME Term SOFR + 3.250%) 6.950 01-31-30   987,525 950,493
Jane Street Group LLC, 2024 Term Loan B1 (3 month CME Term SOFR + 2.000%) 5.673 12-15-31   868,832 851,950
Mermaid Bidco, Inc., 2024 USD Term Loan B (3 month CME Term SOFR + 3.250%) 6.913 07-03-31   1,419,440 1,387,502
Neon Maple US Debt Mergersub, Inc., 2025 Repriced Term Loan B (1 month CME Term SOFR + 2.500%) 6.168 11-17-31   867,983 849,174
OAT Bidco, Ltd., EUR Repriced Term Loan B1 (B) TBD 11-07-31 EUR 2,000,000 2,294,790
Saphilux Sarl, 2025 EUR Term Loan B (B) TBD 07-18-28 EUR 2,000,000 2,305,598
11 JOHN HANCOCK GLOBAL SENIOR LOAN ETF |  SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Financials (continued)  
Financial services (continued)
Saphilux Sarl, 2025 USD Repriced Term Loan (B) TBD 07-18-28   927,956 $925,868
Shift4 Payments LLC, 2025 Repriced Term Loan B (3 month CME Term SOFR + 2.000%) 5.652 07-03-32   927,956 925,060
Speed Midco 3 Sarl, 2025 EUR Term Loan (6 month EURIBOR + 2.750%) 4.845 10-07-32 EUR 2,000,000 2,228,262
Insurance 2.0%
Acrisure LLC, 2024 1st Lien Term Loan B6 (1 month CME Term SOFR + 3.000%) 6.668 11-06-30   833,091 805,807
Alera Group, Inc., 2026 Term Loan B (1 month CME Term SOFR + 2.750%) 6.418 05-30-32   987,525 956,438
Amynta Agency Borrower, Inc., 2026 Repriced Term Loan B (B) TBD 12-29-31   927,956 913,210
Asurion LLC, 2025 Term Loan B13 (1 month CME Term SOFR + 4.250%) 7.918 09-19-30   1,490,000 1,471,062
Athena Bidco SASU, 2025 EUR Repriced Term Loan (B) TBD 04-14-31 EUR 1,000,000 1,136,714
CRC Insurance Group LLC, 2024 Term Loan B (3 month CME Term SOFR + 2.750%) 6.450 05-06-31   927,956 913,749
DIOT-SIACI BidCo SAS, 2026 EUR Term Loan B (B) TBD 07-26-32 EUR 1,000,000 1,138,235
Galaxy Bidco, Ltd., 2024 EUR Term Loan B (6 month EURIBOR + 3.750%) 5.867 12-19-29 EUR 1,500,000 1,728,300
Jones Deslauriers Insurance Management, Inc., 2026 Repriced Term Loan B (B) TBD 02-02-33   927,956 900,117
Kereis Bidco SAS, EUR Term Loan B (3 month EURIBOR + 3.750%) 5.860 10-27-32 EUR 1,000,000 1,140,517
Trucordia Insurance Holdings LLC, Term Loan B (1 month CME Term SOFR + 3.250%) 6.918 06-17-32   925,630 851,580
Health care 9.4% 56,372,791
Biotechnology 0.7%
BioMarin Pharmaceutical, Inc., Term Loan B (B) TBD 01-28-33   927,956 925,060
Cidron Aida Finco Sarl, 2024 EUR Term Loan B (1 month EURIBOR + 4.250%) 6.142 10-22-31 EUR 2,000,000 2,191,807
Grifols SA, 2019 Term Loan B (B) TBD 11-15-27 EUR 1,000,000 1,148,075
SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  | JOHN HANCOCK GLOBAL SENIOR LOAN ETF 12
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Health care (continued)  
Health care equipment and supplies 1.2%
Argent Bidco SAS, EUR Term Loan B (B) TBD 11-12-32 EUR 2,000,000 $2,298,639
Hopper Merger Sub, Inc., 2026 EUR Term Loan B (B) TBD 01-14-33 EUR 1,000,000 1,138,996
Hopper Merger Sub, Inc., 2026 Term Loan B (B) TBD 01-14-33   1,490,000 1,471,375
Medline Borrower LP, 2025 Incremental Term Loan B (1 month CME Term SOFR + 1.750%) 5.418 10-23-30   985,026 986,102
Resonetics LLC, 2025 Repriced Term Loan B (B) TBD 06-18-31   1,135,000 1,128,973
Health care providers and services 5.0%
Aveanna Healthcare LLC, 2025 Term Loan B (1 month CME Term SOFR + 3.750%) 7.418 09-17-32   929,274 927,536
CHG Healthcare Services, Inc., 2025 Term Loan B1 (3 month CME Term SOFR + 2.750%) 6.450 09-29-28   927,471 927,758
Dermatology Intermediate Holdings III, Inc., 2022 Term Loan B (3 month CME Term SOFR + 4.250%) 7.917 03-30-29   1,033,096 971,855
Ensemble RCM LLC, 2026 Term Loan B (3 month CME Term SOFR + 3.000%) 6.700 02-09-33   927,956 916,161
Ephios Subco 3 Sarl, 2026 EUR Term Loan B (B) TBD 04-16-31 EUR 2,000,000 2,289,029
IVI America LLC, 2025 USD Repriced Term Loan (3 month CME Term SOFR + 3.250%) 6.950 04-09-31   868,292 872,633
Mamba Purchaser, Inc., 2026 Term Loan B (1 month CME Term SOFR + 2.750%) 6.425 10-14-31   868,926 869,108
MED ParentCo LP, 2025 Repriced Term Loan B (1 month CME Term SOFR + 3.000%) 6.668 04-15-31   987,525 986,291
Mehilainen Yhtiot OY, 2025 EUR Term Loan B1 (3 month EURIBOR + 3.400%) 5.527 08-05-31 EUR 2,000,000 2,301,127
Onex TSG Intermediate Corp., 2026 Term Loan B (3 month CME Term SOFR + 3.250%) 6.950 08-06-32   870,778 873,825
Palex Healthcare Group SL, 2024 EUR Term Loan B3 (B) TBD 12-18-30 EUR 1,000,000 1,136,956
Radiology Partners, Inc., 2025 Term Loan (3 month CME Term SOFR + 4.500%) 8.200 06-30-32   821,183 807,543
Ramsay Generale de Sante SA, 2025 EUR Term Loan B4 (B) TBD 08-13-31 EUR 2,000,000 2,280,780
13 JOHN HANCOCK GLOBAL SENIOR LOAN ETF |  SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Health care (continued)  
Health care providers and services (continued)
Raven Acquisition Holdings LLC, Term Loan B (B) TBD 11-19-31   1,349,651 $1,322,415
Romansur Investments SL, EUR Term Loan B (B) TBD 11-26-32 EUR 2,000,000 2,303,824
Schoen Klinik SE, 2025 EUR Term Loan B (3 month EURIBOR + 3.000%) 5.127 01-12-31 EUR 2,000,000 2,298,639
Sharp Services LLC, 2025 Term Loan B (3 month CME Term SOFR + 3.000%) 6.700 09-29-32   925,636 925,062
Star Parent, Inc., Term Loan B (3 month CME Term SOFR + 4.000%) 7.700 09-27-30   987,481 975,315
Surgery Center Holdings, Inc., 2025 Term Loan B (1 month CME Term SOFR + 2.500%) 6.168 12-19-30   868,919 868,502
US Fertility Enterprises LLC, 2025 Term Loan (B) TBD 12-30-32   1,348,762 1,343,704
VetStrategy Canada Holdings, Inc., 2026 USD Repriced Term Loan B (B) TBD 12-12-28   927,956 922,156
Vivalto Sante Investissement SA, 2025 EUR Term Loan B (B) TBD 07-21-31 EUR 2,000,000 2,300,275
Vizient, Inc., 2024 Term Loan B (1 month CME Term SOFR + 1.750%) 5.418 08-01-31   904,027 902,617
Health care technology 0.2%
AthenaHealth Group, Inc., 2022 Term Loan B (1 month CME Term SOFR + 2.750%) 6.418 02-15-29   868,915 851,536
Cotiviti, Inc., 2025 2nd Amendment Term Loan (1 month CME Term SOFR + 2.750%) 6.418 03-26-32   231,086 212,252
Life sciences tools and services 0.2%
PAREXEL International Corp., 2025 Repriced Term Loan B (1 month CME Term SOFR + 2.750%) 6.418 12-12-31   868,296 864,675
Pharmaceuticals 2.1%
Althea Acquisition Bidco Sarl, 2025 1st Lien Term Loan B (B) TBD 01-20-33 EUR 1,000,000 1,142,383
Cheplapharm Arzneimittel GmbH, 2022 EUR Term Loan B (B) TBD 02-22-29 EUR 2,000,000 2,287,831
Dechra Finance US LLC, 2026 USD Term Loan B3 (6 month CME Term SOFR + 2.750%) 6.387 01-27-32   870,168 868,863
Elanco Animal Health, Inc., 2025 Term Loan B (1 month CME Term SOFR + 1.750%) 5.418 10-31-32   925,636 925,404
SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  | JOHN HANCOCK GLOBAL SENIOR LOAN ETF 14
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Health care (continued)  
Pharmaceuticals (continued)
Endo Finance Holdings LP, 2024 1st Lien Term Loan (1 month CME Term SOFR + 3.750%) 7.418 04-23-31   987,494 $981,322
Financiere Mendel SASU, 2025 USD Term Loan B (B) TBD 11-08-30   868,910 874,610
Neuraxpharm Arzneimittel GmbH, EUR Term Loan B (B) TBD 12-16-30 EUR 722,919 833,897
Neuraxpharm Arzneimittel GmbH, EUR Term Loan B4 (B) TBD 12-16-30 EUR 277,081 319,208
Nidda Healthcare Holding GmbH, 2025 EUR 1st Lien Term Loan B (B) TBD 12-09-32 EUR 2,000,000 2,297,210
Perrigo Investments LLC, 2024 Term Loan B (1 month CME Term SOFR + 2.000%) 5.668 04-20-29   868,905 862,753
Spinnaker Debtco, Ltd., 2026 EUR Term Loan B (B) TBD 04-30-31 EUR 1,250,000 1,438,709
Industrials 22.2% 134,135,061
Aerospace and defense 0.3%
Propulsion BC Finco Sarl, 2025 Repriced Term Loan B (3 month CME Term SOFR + 2.500%) 6.200 12-01-32   990,000 989,822
TransDigm, Inc., 2023 Term Loan J (1 month CME Term SOFR + 2.500%) 6.168 02-28-31   987,487 987,379
Air freight and logistics 0.8%
Apple Bidco LLC, 2025 Term Loan (1 month CME Term SOFR + 2.500%) 6.168 09-23-31   844,309 844,309
Clue Opco LLC, Term Loan B (3 month CME Term SOFR + 4.500%) 8.167 12-19-30   990,000 960,300
Echo Global Logistics, Inc., Term Loan (B) TBD 11-23-28   927,956 908,404
Edge Finco PLC, 2025 EUR Term Loan B (3 month EURIBOR + 3.000%) 5.034 08-22-31 EUR 2,000,000 2,297,394
Building products 1.6%
Gibraltar Industries, Inc., 2026 Term Loan B (B) TBD 02-02-33   927,956 922,156
Hillman Group, Inc., 2021 Term Loan B1 (B) TBD 07-14-28   927,956 927,566
Hunter Douglas Holding BV, 2025 EUR Term Loan B (B) TBD 01-20-32 EUR 1,000,000 1,137,590
Icebox Holdco III, Inc., 2021 1st Lien Term Loan (3 month CME Term SOFR + 3.250%) 6.950 12-22-31   926,047 926,047
15 JOHN HANCOCK GLOBAL SENIOR LOAN ETF |  SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Industrials (continued)  
Building products (continued)
MITER Brands Acquisition Holdco, Inc., 2024 Term Loan B2 (B) TBD 03-28-31   990,000 $909,147
MSOF Beacon LLC, 2025 Repriced Term Loan B (B) TBD 12-23-32   927,956 926,406
Resideo Funding, Inc., 2024 M&A 1st lien Term Loan B (6 month CME Term SOFR + 2.000%) 5.641 06-13-31   867,955 863,077
Standard Industries, Inc., 2021 Term Loan B (B) TBD 09-22-28   977,640 975,333
Tarkett Participation SASU, 2026 EUR Term Loan B (B) TBD 04-22-31 EUR 2,000,000 2,270,871
Commercial services and supplies 6.9%
Albion Financing 3 Sarl, 2025 EUR Term Loan (3 month EURIBOR + 3.000%) 5.029 05-21-31 EUR 1,400,000 1,607,192
Allied Universal Holdco LLC, 2025 USD Term Loan B (1 month CME Term SOFR + 3.250%) 6.918 08-20-32   987,519 986,976
Amber Finco PLC, 2025 EUR Term Loan B2 (3 month EURIBOR + 3.250%) 5.377 06-11-29 EUR 2,000,000 2,305,944
APi Group DE, Inc., 2025 Term Loan (B) TBD 01-03-29   927,956 926,582
Astro Acquisition LLC, 2025 Term Loan B (B) TBD 08-30-32   735,000 736,838
Eagle 4, Ltd., EUR Term Loan B2 (B) TBD 01-12-32 EUR 2,000,000 2,292,555
EM Bidco, Ltd., 2024 EUR Term Loan (B) TBD 07-06-29 EUR 1,000,000 1,153,398
Enviri Corp., 2021 Term Loan (1 month CME Term SOFR + 2.250%) 6.032 06-09-28   867,866 864,247
Gategroup Finance International Sarl, EUR 1st Lien Term Loan B (B) TBD 06-10-32 EUR 1,000,000 1,144,999
Gategroup US Finance, Inc., USD Repriced Term Loan B (B) TBD 06-10-32   735,000 733,773
Holding Socotec SAS, EUR Repriced Term Loan B (B) TBD 06-02-31 EUR 2,000,000 2,298,639
HomeServe USA Holding Corp., 2024 Term Loan B (1 month CME Term SOFR + 2.000%) 5.675 10-21-30   868,896 860,847
JFL-Tiger Acquisition Company, Inc., Term Loan B (3 month CME Term SOFR + 3.750%) 7.461 10-17-30   496,193 495,781
Jupiter Buyer, Inc., 2024 Term Loan B (3 month CME Term SOFR + 4.000%) 7.700 11-01-31   926,104 925,530
Liberty Tire Recycling Holdco LLC, 2025 Term Loan (1 month CME Term SOFR + 3.750%) 7.425 12-17-32   1,230,000 1,228,770
SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  | JOHN HANCOCK GLOBAL SENIOR LOAN ETF 16
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Industrials (continued)  
Commercial services and supplies (continued)
Luna 2.5 Sarl, 2025 EUR Term Loan (1 month EURIBOR + 3.500%) 5.635 07-01-32 EUR 2,000,000 $2,296,288
MillerKnoll, Inc., 2026 Repriced Term Loan B (B) TBD 08-09-32   927,956 922,156
Prime Security Services Borrower LLC, 2024 1st Lien Term Loan B (1 month CME Term SOFR + 2.000%) 5.664 10-13-30   856,585 851,994
Sector Alarm Holding AS, 2025 EUR Term Loan B (B) TBD 06-14-29 EUR 1,000,000 1,141,196
Sector Alarm Holding AS, 2026 EUR Term Loan B4 (B) TBD 06-14-32 EUR 2,000,000 2,282,393
Shilton Bidco, Ltd., 2025 EUR Term Loan B (3 month EURIBOR + 3.750%) 5.877 01-11-30 EUR 2,000,000 2,284,951
Talbot Participation SAS, EUR Refinance Term Loan B (B) TBD 07-07-32 EUR 2,000,000 2,291,795
Techem Verwaltungsgesellschaft 675 mbH, 2025 EUR Term Loan B (3 month EURIBOR + 3.250%) 5.231 07-15-32 EUR 2,000,000 2,296,519
Thevelia Finance Sarl, 2024 EUR Term Loan B (B) TBD 06-18-29 EUR 1,000,000 1,143,777
Thevelia US LLC, 2024 Term Loan B (3 month CME Term SOFR + 3.000%) 6.700 06-18-29   987,475 966,905
TruGreen LP, 2020 Term Loan (3 month CME Term SOFR + 4.000%) 7.767 11-02-27   936,307 889,368
VDK Groep BV, EUR Term Loan B (1 month EURIBOR + 3.250%) 5.142 02-23-32 EUR 2,000,000 2,298,224
Verisure Holding AB, 2025 EUR Term Loan B (3 month EURIBOR + 2.250%) 4.281 11-03-32 EUR 1,500,000 1,721,525
Vestis Corp., 2024 Term Loan (3 month CME Term SOFR + 2.250%) 5.923 02-22-31   810,844 780,437
Wash Bidco, Inc., Term Loan B (1 month CME Term SOFR + 3.250%) 6.918 09-10-32   870,778 872,232
Construction and engineering 3.0%
Artemis BidCo SAS, 2026 EUR Term Loan B (B) TBD 07-08-32 EUR 2,000,000 2,294,030
Azuria Water Solutions, Inc., 2025 Term Loan B (1 month CME Term SOFR + 3.000%) 6.668 05-17-28   496,231 490,773
Azuria Water Solutions, Inc., 2026 Term Loan B (B) TBD 01-27-33   352,941 348,971
Centuri Group, Inc., 2025 Refinance Term Loan B (B) TBD 07-09-32   927,956 928,188
17 JOHN HANCOCK GLOBAL SENIOR LOAN ETF |  SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Industrials (continued)  
Construction and engineering (continued)
Circet Europe SASU, 2021 Term Loan B (B) TBD 10-13-28 EUR 1,400,000 $1,605,740
Cube Safety BidCo AB, 2026 EUR Term Loan B (B) TBD 02-14-33 EUR 2,000,000 2,281,770
DG Investment Intermediate Holdings 2, Inc., 2025 Term Loan (1 month CME Term SOFR + 3.250%) 6.918 07-09-32   925,636 924,479
Dycom Industries, Inc., 2026 Term Loan B (1 month CME Term SOFR + 1.750%) 5.423 01-27-33   927,956 930,665
Finco Utilitas BV, 2026 EUR Repriced Term Loan B (B) TBD 09-27-30 EUR 2,000,000 2,289,997
Flynn Canada, Term Loan B (1 month CME Term SOFR + 4.500%) 8.282 07-31-28   863,073 841,345
LSF12 Phoenix Holdco LLC, 2026 Term Loan B (B) TBD 03-25-33   919,873 908,375
Michael Baker International LLC, 2025 Term Loan B (3 month CME Term SOFR + 4.000%) 7.667 12-01-28   925,612 924,455
Red SPV LLC, Term Loan B (1 month CME Term SOFR + 2.250%) 5.925 03-15-32   925,624 923,310
TSG Solutions Holding SAS, 2025 EUR Repriced Term Loan B (3 month EURIBOR + 3.250%) 5.276 05-04-32 EUR 2,000,000 2,295,758
Electrical equipment 2.2%
ADB Safegate BV, 2026 EUR Term Loan B (B) TBD 06-28-32 EUR 2,000,000 2,277,046
BCP VI Summit Holdings LP, Term Loan B (1 month CME Term SOFR + 3.000%) 6.668 01-30-32   870,169 868,359
Emrld Borrower LP, 2024 Term Loan B (3 month CME Term SOFR + 2.250%) 5.950 08-04-31   987,513 985,044
LSF12 Crown US Commercial Bidco LLC, 2026 Term Loan B (B) TBD 12-02-31   927,956 927,956
Minimax GmbH, 2025 EUR Term Loan B (B) TBD 03-17-32 EUR 1,000,000 1,151,958
MX Holdings US, Inc., 2025 USD Term Loan B (1 month CME Term SOFR + 2.000%) 5.668 03-17-32   925,636 925,636
Pinnacle Buyer LLC, Term Loan (3 month CME Term SOFR + 2.500%) 6.161 10-01-32   1,406,013 1,406,449
Resilience Parent LLC, 1st Lien Term Loan (6 month CME Term SOFR + 2.500%) 6.100 02-28-33   927,956 922,444
TK Elevator Midco GmbH, 2025 EUR Term Loan B1 (B) TBD 04-30-30 EUR 2,000,000 2,286,771
SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  | JOHN HANCOCK GLOBAL SENIOR LOAN ETF 18
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Industrials (continued)  
Electrical equipment (continued)
Trench Group GmbH, EUR Term Loan B (B) TBD 03-05-32 EUR 1,000,000 $1,153,433
Ground transportation 1.6%
AIT Worldwide Logistics Holdings, Inc., 2025 Repriced Term Loan (3 month CME Term SOFR + 4.000%) 7.669 04-08-30   867,969 868,691
Avis Budget Car Rental LLC, 2025 Term Loan B (1 month CME Term SOFR + 2.500%) 6.168 07-16-32   867,983 852,793
Beacon Mobility Corp., 2026 Term Loan (3 month CME Term SOFR + 2.750%) 6.450 08-06-30   1,423,453 1,423,011
First Student Bidco, Inc., 2026 Term Loan B (3 month CME Term SOFR + 2.250%) 5.950 08-15-30   851,961 848,766
First Student Bidco, Inc., 2026 Term Loan C (3 month CME Term SOFR + 2.250%) 5.950 08-15-30   767,939 765,059
Ren10 Holding AB, 2026 EUR Repriced Term Loan B (3 month EURIBOR + 3.000%) 5.035 07-31-30 EUR 2,000,000 2,293,454
Savage Enterprises LLC, 2025 Term Loan B (1 month CME Term SOFR + 2.500%) 6.169 08-05-32   868,919 867,971
Student Transportation of America Holdings, Inc., 2025 Term Loan (B) TBD 06-24-32   927,956 929,700
XPO, Inc., 2025 Term Loan (2031) (1 month CME Term SOFR + 1.750%) 5.418 02-03-31   870,778 871,866
Machinery 2.5%
Boels Topholding BV, 2026 EUR Repriced Term Loan B (1 month EURIBOR + 2.500%) 4.440 05-23-31 EUR 1,767,241 2,018,215
Brown Group Holding LLC, Term Loan B (1 month CME Term SOFR + 2.500%) 6.168 07-01-31   1,487,478 1,488,415
Chart Industries, Inc., 2024 Term Loan B (3 month CME Term SOFR + 2.500%) 6.161 03-15-30   927,956 925,923
Columbus McKinnon Corp., 2026 Term Loan B (B) TBD 02-03-33   927,956 923,316
CompoSecure Holdings LLC, Term Loan (1 month CME Term SOFR + 2.250%) 5.928 01-14-33   927,956 923,900
Engineered Machinery Holdings, Inc., 2025 USD Term Loan (B) TBD 11-26-32   927,956 930,508
Gates Corp., 2022 Term Loan B4 (B) TBD 11-16-29   927,956 926,332
19 JOHN HANCOCK GLOBAL SENIOR LOAN ETF |  SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Industrials (continued)  
Machinery (continued)
Indicor LLC, 2026 USD Term Loan B (3 month CME Term SOFR + 2.500%) 6.200 11-22-29   927,956 $927,056
Innio Group Holding GmbH, 2026 EUR Term Loan B (3 month EURIBOR + 2.500%) 4.520 11-02-31 EUR 1,411,153 1,620,174
Madison IAQ LLC, 2025 Repriced Term Loan (6 month CME Term SOFR + 2.750%) 6.378 11-08-32   865,284 866,435
Merlin Buyer, Inc., 2021 Term Loan (1 month CME Term SOFR + 4.000%) 7.668 12-14-28   925,545 925,545
Merlin Buyer, Inc., 2026 Term Loan (B) TBD 03-25-33   88,143 88,143
SGB-SMIT MidCo GmbH, EUR Term Loan B (B) TBD 03-10-33 EUR 1,500,000 1,729,734
Victory Buyer LLC, 2026 Term Loan B (1 month CME Term SOFR + 3.000%) 6.668 02-14-33   927,956 927,380
Marine transportation 0.9%
Boluda Towage SL, 2024 EUR Term Loan B (1 month EURIBOR + 3.500%) 5.407 01-31-30 EUR 2,000,000 2,305,437
Euroports Finco 2 NV, 2025 EUR Term Loan B (6 month EURIBOR + 4.250%) 6.232 06-15-32 EUR 2,000,000 2,308,432
Third Coast Infrastructure LLC, 2025 Repriced Term Loan B (1 month CME Term SOFR + 3.750%) 7.418 09-25-30   866,132 870,463
Passenger airlines 0.2%
American Airlines, Inc., 2024 1st Lien Term Loan B (6 month CME Term SOFR + 2.250%) 6.000 02-15-28   990,000 963,082
JetBlue Airways Corp., 2024 Term Loan B (3 month CME Term SOFR + 4.750%) 8.435 08-27-29   496,222 450,073
Professional services 1.4%
AlixPartners LLP, 2025 USD Term Loan (B) TBD 08-12-32   846,446 837,626
Berkeley Research Group Holdings LLC, Term Loan B (B) TBD 05-01-32   927,956 900,989
Camelot US Acquisition LLC, 2024 Term Loan B (1 month CME Term SOFR + 2.750%) 6.418 01-31-31   500,000 430,315
Creative Artists Agency LLC, 2025 Repriced Term Loan B (B) TBD 10-01-31   927,956 926,360
Grant Thornton Advisors LLC, 2025 Term Loan B (1 month CME Term SOFR + 2.750%) 6.418 06-02-31   988,241 918,550
SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  | JOHN HANCOCK GLOBAL SENIOR LOAN ETF 20
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Industrials (continued)  
Professional services (continued)
KBR, Inc., 2024 1st Lien Term Loan B (1 month CME Term SOFR + 2.000%) 5.668 01-17-31   987,481 $986,454
SS&C Technologies, Inc., 2024 Term Loan B8 (B) TBD 05-09-31   1,490,000 1,484,129
TMF Sapphire Bidco BV, 2025 Term Loan B (B) TBD 05-03-28   735,000 734,633
Trans Union LLC, 2024 Term Loan B8 (3 month CME Term SOFR + 1.750%) 5.450 06-24-31   868,900 863,626
Trading companies and distributors 0.5%
Herc Holdings, Inc., 2026 Term Loan B (B) TBD 06-02-32   927,956 928,345
Quimper AB, 2026 EUR Term Loan B (B) TBD 03-31-30 EUR 2,000,000 2,267,253
Transportation infrastructure 0.3%
Dynasty Acquisition Company, Inc., 2024 1st Lien Term Loan B1 (B) TBD 10-31-31   1,214,950 1,214,403
Dynasty Acquisition Company, Inc., 2024 1st Lien Term Loan B2 (B) TBD 10-31-31   462,128 461,920
Information technology 6.4% 38,624,869
Communications equipment 0.6%
Ciena Corp., 2025 Repriced Term Loan B (B) TBD 10-24-30   927,956 927,566
Delta Topco, Inc., 2025 Term Loan B (1 month CME Term SOFR + 2.750%) 6.421 11-30-29   990,000 956,122
Venga Finance Sarl, 2025 USD Term Loan B (3 month CME Term SOFR + 3.750%) 7.684 06-28-29   988,744 983,494
Viavi Solutions, Inc., Term Loan B (3 month CME Term SOFR + 2.500%) 6.171 10-16-32   840,364 840,364
Electronic equipment, instruments and components 0.7%
Coherent Corp., 2025 Term Loan B2 (1 month CME Term SOFR + 1.750%) 5.418 07-02-29   927,956 927,566
Crane NXT Company, Term Loan B (B) TBD 12-15-32 EUR 2,000,000 2,301,519
Mirion Technologies, Inc., 2025 Repriced Term Loan B (3 month CME Term SOFR + 2.000%) 5.700 06-04-32   927,956 927,956
IT services 0.7%
Fortress Intermediate 3, Inc., 2025 Term Loan B (1 month CME Term SOFR + 3.000%) 6.669 06-27-31   926,114 918,010
21 JOHN HANCOCK GLOBAL SENIOR LOAN ETF |  SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Information technology (continued)  
IT services (continued)
Paysafe Holdings US Corp., USD Term Loan B1 (1 month CME Term SOFR + 2.750%) 6.532 06-28-28   867,318 $793,596
Penta Technologies BV, 2025 EUR Term Loan B (B) TBD 07-09-32 EUR 1,000,000 1,152,926
Pitney Bowes, Inc., 2025 Term Loan B (B) TBD 03-19-32   927,956 920,226
Sonicwall US Holdings, Inc., 2023 Term Loan (3 month CME Term SOFR + 5.000%) 8.700 05-18-28   497,462 146,338
Starlight Parent LLC, 2025 Term Loan (3 month CME Term SOFR + 4.000%) 7.674 04-16-32   497,500 420,388
Semiconductors and semiconductor equipment 0.1%
MKS, Inc., 2026 USD Repriced Term Loan B (B) TBD 02-04-33   927,956 928,243
Software 4.0%
Access CIG LLC, 2025 Term Loan (1 month CME Term SOFR + 4.000%) 7.700 08-19-30   868,919 781,662
Azalea TopCo, Inc., 2025 Repriced Term Loan B (1 month CME Term SOFR + 3.000%) 6.668 04-30-31   987,513 985,291
BEP Intermediate Holdco LLC, 2025 Term Loan B (1 month CME Term SOFR + 2.750%) 6.418 04-25-31   867,983 865,813
Boxer Parent Company, Inc., 2025 EUR Term Loan B (3 month EURIBOR + 3.500%) 5.526 07-30-31 EUR 994,975 1,093,262
Claudius Finance Sarl, 2025 Term Loan B5 (B) TBD 07-10-28 EUR 1,400,000 1,552,896
Clover Holdings 2 LLC, Term Loan B (1 month CME Term SOFR + 4.000%) 7.676 12-09-31   849,367 812,207
Darktrace Finco US LLC, 1st Lien Term Loan (3 month CME Term SOFR + 3.250%) 6.898 10-09-31   987,506 943,085
Ellucian Holdings, Inc., 2024 1st Lien Term Loan B (1 month CME Term SOFR + 2.500%) 6.168 10-08-29   926,104 899,284
Epicor Software Corp., 2024 Term Loan F (B) TBD 05-30-31   927,956 909,165
Finastra USA, Inc., 2025 USD Term Loan (3 month CME Term SOFR + 4.000%) 7.671 09-15-32   870,778 816,354
Gen Digital, Inc., 2024 Term Loan B (1 month CME Term SOFR + 1.750%) 5.418 09-12-29   866,414 856,667
SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  | JOHN HANCOCK GLOBAL SENIOR LOAN ETF 22
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Information technology (continued)  
Software (continued)
Genesys Cloud Services, Inc., 2025 USD Term Loan B (1 month CME Term SOFR + 2.500%) 6.168 01-30-32   990,000 $945,866
Ivanti Software, Inc., 2025 1st Lien Term Loan (3 month CME Term SOFR + 4.750%) 8.411 06-01-29   497,494 334,744
Marcel Bidco LLC, 2025 USD Repriced Term Loan (1 month CME Term SOFR + 2.750%) 6.410 11-12-30   870,169 860,380
McAfee Corp., 2024 USD 1st Lien Term Loan B (1 month CME Term SOFR + 3.000%) 6.668 03-01-29   496,231 441,646
Meuse Finco SA, 2025 EUR Term Loan B (B) TBD 07-31-30 EUR 2,000,000 2,302,487
Mitchell International, Inc., 2026 Term Loan (1 month CME Term SOFR + 3.000%) 6.668 06-17-31   867,989 826,091
Open Text Corp., 2023 Term Loan B (B) TBD 01-31-30   927,956 906,743
Ping Identity Holding Corp., 2025 Term Loan (1 month CME Term SOFR + 2.750%) 6.422 11-15-32   927,956 915,196
Proofpoint, Inc., 2025 Repriced Term Loan (3 month CME Term SOFR + 3.000%) 6.700 08-31-28   988,722 955,768
Rocket Software, Inc., 2023 USD Term Loan B (1 month CME Term SOFR + 3.750%) 7.418 11-28-28   843,685 807,567
Sophos Holdings LLC, 2025 Incremental Term Loan (1 month CME Term SOFR + 3.500%) 7.282 03-05-27   1,439,701 1,367,270
Tuple US Bidco LLC, Term Loan B (B) TBD 01-18-33   1,035,000 1,001,363
UKG, Inc., 2024 Term Loan B (B) TBD 02-10-31   919,440 877,265
Zelis Payments Buyer, Inc., Term Loan B (1 month CME Term SOFR + 2.750%) 6.418 09-28-29   867,948 838,971
Technology hardware, storage and peripherals 0.3%
IN Smart Identity France SAS, 2024 EUR Term Loan B (3 month EURIBOR + 4.000%) 6.127 09-29-28 EUR 1,400,000 1,583,512
Materials 5.4% 32,463,746
Chemicals 1.9%
Arc Falcon I, Inc., 2021 Term Loan (1 month CME Term SOFR + 3.500%) 7.268 09-30-28   496,119 491,312
Axalta Coating Systems US Holdings, Inc., 2024 Term Loan B7 (3 month CME Term SOFR + 1.750%) 5.450 12-20-29   909,800 910,037
23 JOHN HANCOCK GLOBAL SENIOR LOAN ETF |  SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Materials (continued)  
Chemicals (continued)
Bakelite US Holdco, Inc., 2024 Term Loan B (B) TBD 12-23-31   927,956 $894,187
Discovery Purchaser Corp., Term Loan (3 month CME Term SOFR + 3.750%) 7.419 10-04-29   867,995 852,588
Element Solutions, Inc., 2026 Term Loan B (1 month CME Term SOFR + 1.750%) 5.418 12-18-30   927,956 927,956
Hyperion Refinance Sarl, 2025 USD Term Loan B (1 month CME Term SOFR + 2.750%) 6.418 02-15-31   990,000 957,488
Koppers, Inc., 2024 Repriced Term Loan B (B) TBD 04-10-30   870,778 867,146
M2S Group Intermediate Holdings, Inc., Term Loan B (3 month CME Term SOFR + 4.750%) 8.417 08-25-31   867,494 845,086
Olympus Water US Holding Corp., 2025 USD Term Loan B (3 month CME Term SOFR + 3.250%) 6.950 11-03-32   988,750 950,546
Paint Intermediate III LLC, 2024 Term Loan B (B) TBD 10-09-31   927,956 922,741
Secure Acquisition, Inc., 2021 Term Loan (B) TBD 12-16-28   927,956 924,866
Sparta US Holdco LLC, 2024 Term Loan B (1 month CME Term SOFR + 3.000%) 6.668 08-02-30   926,042 924,381
Touchdown Acquirer, Inc., 2025 EUR Repriced Term Loan B (B) TBD 02-21-31 EUR 1,000,000 1,135,643
Construction materials 2.0%
American Builders & Contractors Supply Company, Inc., 2024 Term Loan B (1 month CME Term SOFR + 1.750%) 5.418 01-31-31   925,594 924,724
Brookfield Slate Holdings III, Ltd., USD Term Loan B (B) TBD 05-30-29 EUR 2,000,000 2,225,658
Hestiafloor 2 SASU, 2026 EUR Repriced Term Loan B (B) TBD 02-27-30 EUR 2,000,000 2,274,811
HP PHRG Borrower LLC, 2025 Term Loan B (B) TBD 02-20-32   927,956 918,676
LSF10 Edilians Investments Sarl, 2025 EUR Term Loan B (B) TBD 03-05-31 EUR 2,000,000 2,289,168
LSF10 XL Investments Sarl, 2025 EUR Term Loan B5 (B) TBD 04-30-31 EUR 2,000,000 2,304,423
Quikrete Holdings, Inc., 2025 Term Loan B (B) TBD 02-10-32   927,956 925,636
Containers and packaging 1.3%
Clydesdale Acquisition Holdings, Inc., 2025 Term Loan B (1 month CME Term SOFR + 3.250%) 6.918 04-01-32   988,153 920,465
SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  | JOHN HANCOCK GLOBAL SENIOR LOAN ETF 24
Table of Contents
  Rate (%) Maturity date   Par value^ Value
Materials (continued)  
Containers and packaging (continued)
Graham Packaging Company, Inc., 2026 Term Loan B (B) TBD 01-26-33   990,000 $978,724
Node AcquiCo GmbH, EUR Term Loan (B) TBD 12-08-32 EUR 2,000,000 2,291,772
Plastipak Packaging, Inc., 2025 Term Loan B (B) TBD 09-24-32   927,956 916,941
Pregis TopCo LLC, 2025 Refinancing Term Loan (B) TBD 02-01-29   927,956 926,100
Proampac PG Borrower LLC, 2026 USD Term Loan B (1 month CME Term SOFR + 4.000%) 7.782 03-07-33   927,956 893,853
Silica SAS, 2025 EUR Term Loan B (B) TBD 09-30-30 EUR 1,000,000 1,139,238
Paper and forest products 0.2%
Asplundh Tree Expert LLC, 2024 Incremental Term Loan B (B) TBD 05-23-31   927,956 929,580
Real estate 0.4% 2,503,755
Real estate management and development 0.1%
Cushman & Wakefield US Borrower LLC, 2025 Term Loan (1 month CME Term SOFR + 2.500%) 5.977 01-31-30   870,778 874,043
Specialized REITs 0.3%
Iron Mountain, Inc., 2023 Term Loan B (1 month CME Term SOFR + 2.000%) 5.668 01-31-31   764,968 759,230
SBA Senior Finance II LLC, 2024 Term Loan B (1 month CME Term SOFR + 1.750%) 5.420 01-25-31   867,947 870,482
Utilities 0.2% 1,424,828
Multi-utilities 0.2%
WEC US Holdings, Inc., 2024 Term Loan (B) TBD 01-27-31   1,427,956 1,424,828
Asset-backed securities 6.7%         $40,749,026
(Cost $41,367,440)          
Asset-backed securities 6.7%         40,749,026
Apna Park CLO DAC
Series 1X, Class A (3 month EURIBOR + 1.290%) (C) 		3.366 12-15-38 EUR 6,000,000 6,902,820
Canyon Euro CLO DAC
Series 2022-1X, Class ER (3 month EURIBOR + 5.850%) (C) 		7.866 04-15-39 EUR 2,000,000 2,194,625
CIFC European Funding CLO III DAC
Series 3A, Class AR (3 month EURIBOR + 1.230%) (C)(D) 		3.218 01-15-39 EUR 5,700,000 6,544,553
25 JOHN HANCOCK GLOBAL SENIOR LOAN ETF |  SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Table of Contents
  Rate (%) Maturity date   Par value^ Value
           
Cross Ocean Bosphorus CLO XI DAC
Series 11X, Class E (3 month EURIBOR + 5.200%) (C) 		7.216 04-15-38 EUR 2,000,000 $2,202,004
CVC Cordatus Loan Fund XXI DAC
Series 21X, Class E (3 month EURIBOR + 5.930%) (C) 		8.038 09-22-34 EUR 1,000,000 1,133,124
Harvest CLO XXIX DAC
Series 29X, Class ER (3 month EURIBOR + 6.270%) (C) 		8.286 07-15-37 EUR 2,000,000 2,265,356
Henley CLO XV DAC
Series 15X, Class A (3 month EURIBOR + 1.280%) (C) 		3.313 07-25-39 EUR 5,000,000 5,754,259
Madison Park Euro Funding XVIII DAC
Series 18X, Class E (3 month EURIBOR + 6.070%) (C) 		8.086 01-15-38 EUR 1,000,000 1,145,424
Penta CLO 11 DAC
Series 22-11A, Class ARR (3 month EURIBOR + 1.270%) (C)(D) 		3.410 01-15-39 EUR 6,000,000 6,898,108
Rockford Tower Europe CLO DAC
Series 2025-2X, Class A (3 month EURIBOR + 1.350%) (C) 		3.366 10-15-39 EUR 4,000,000 4,606,509
Signal Harmonic CLO V DAC
Series 5A, Class E (3 month EURIBOR + 6.100%) (C)(D) 		8.130 01-25-38 EUR 1,000,000 1,102,244
    
    Yield (%)   Shares Value
Short-term investments 54.6%         $329,491,987
(Cost $329,491,987)          
Short-term funds 54.6%         329,491,987
State Street Institutional U.S. Government Money Market Fund, Premier Class 3.5918(E)   329,491,987 329,491,987
Total investments (Cost $866,454,946) 142.1%     $857,827,796
Other assets and liabilities, net (42.1%)       (254,243,099)
Total net assets 100.0%         $603,584,697
    
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund.
^All par values are denominated in U.S. dollars unless otherwise indicated.
Currency Abbreviations
EUR Euro
GBP Pound Sterling
Security Abbreviations and Legend
CME CME Group Published Rates
EURIBOR Euro Interbank Offered Rate
SOFR Secured Overnight Financing Rate
SONIA Sterling Overnight Interbank Average Rate
SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  | JOHN HANCOCK GLOBAL SENIOR LOAN ETF 26
Table of Contents
(A) Senior loans are variable rate obligations which generally pay interest rates that are periodically redetermined by reference to a base lending rate and spread, which are both subject to change. The rate shown represents the rate at period end.
(B) This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which is disclosed as TBD (To Be Determined).
(C) Variable rate obligation. The coupon rate shown represents the rate at period end.
(D) This security is exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration.
(E) The rate shown is the annualized seven-day yield as of 3-31-26.
The fund had the following country composition as a percentage of net assets on 3-31-26:
United States 53.6%
France 8.9%
United Kingdom 8.3%
Ireland 6.9%
Luxembourg 6.1%
Germany 3.8%
Netherlands 3.7%
Spain 3.0%
Belgium 1.5%
Sweden 1.4%
Other countries 2.8%
TOTAL 100.0%
27 JOHN HANCOCK GLOBAL SENIOR LOAN ETF |  SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Table of Contents
DERIVATIVES
FORWARD FOREIGN CURRENCY CONTRACTS
Contract to buy Contract to sell Counterparty (OTC) Contractual
settlement
date 		Unrealized
appreciation 		Unrealized
depreciation
USD 113,550,947 EUR 98,000,000 SSB 4/9/2026 $240,679 —
USD 8,016,811 GBP 6,000,000 SSB 4/9/2026 75,340 —
            $316,019 —
    
Derivatives Currency Abbreviations
EUR Euro
GBP Pound Sterling
USD U.S. Dollar
    
Derivatives Abbreviations
OTC Over-the-counter
SSB State Street Bank and Trust Company
At 3-31-26, the aggregate cost of investments for federal income tax purposes was $861,160,107. Net unrealized depreciation aggregated to $3,016,292, of which $375,423 related to gross unrealized appreciation and $3,391,715 related to gross unrealized depreciation.
See Notes to consolidated financial statements regarding investment transactions and other derivatives information.
SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  | JOHN HANCOCK GLOBAL SENIOR LOAN ETF 28
Table of Contents
Consolidated financial statements
CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES 3-31-26
Assets  
Unaffiliated investments, at value (Cost $866,454,946) $857,827,796
Unrealized appreciation on forward foreign currency contracts 316,019
Cash 1,531,579
Foreign currency, at value (Cost $3,642,338) 3,623,312
Dividends and interest receivable 2,121,023
Receivable for investments sold 27,038,151
Deferred offering cost 55,608
Other assets 7,344
Total assets 892,520,832
Liabilities  
Payable for investments purchased 288,637,511
Accrued offering expense 16,937
Payable to affiliates  
Investment management fees 156,392
Accounting and legal services fees 15,196
Other liabilities and accrued expenses 110,099
Total liabilities 288,936,135
Net assets $603,584,697
Net assets consist of  
Paid-in capital $609,752,191
Total distributable earnings (loss) (6,167,494)
Net assets $603,584,697
 
Net asset value per share  
Based on 24,700,000 shares of beneficial interest outstanding - unlimited number of shares authorized with no par value $24.44
29 JOHN HANCOCK Global Senior Loan ETF |  SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Table of Contents
CONSOLIDATED STATEMENT OF OPERATIONS For the period ended 3-31-261
Investment income  
Interest $4,722,209
Dividends 2,263,517
Total investment income 6,985,726
Expenses  
Investment management fees 657,636
Accounting and legal services fees 25,083
Transfer agent fees 4,933
Trustees’ fees 775
Custodian fees 36,566
Printing and postage 9,811
Professional fees 98,347
Stock exchange listing fees 14,588
Offering costs 87,145
Other 4,451
Total expenses 939,335
Less expense reductions (220,313)
Net expenses 719,022
Net investment income 6,266,704
Realized and unrealized gain (loss)  
Net realized gain (loss) on  
Unaffiliated investments and foreign currency transactions 296,868
Forward foreign currency contracts (27,247)
  269,621
Change in net unrealized appreciation (depreciation) of  
Unaffiliated investments and translation of assets and liabilities in foreign currencies (8,008,164)
Forward foreign currency contracts 316,019
  (7,692,145)
Net realized and unrealized gain (loss) (7,422,524)
Decrease in net assets from operations $(1,155,820)
1 Period from 8-19-25 (commencement of operations) to 3-31-26.  
SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  | JOHN HANCOCK Global Senior Loan ETF 30
Table of Contents
CONSOLIDATED STATEMENT OF CHANGES IN NET ASSETS  
  Period ended
3-31-261
Increase (decrease) in net assets  
From operations  
Net investment income $6,266,704
Net realized gain 269,621
Change in net unrealized appreciation (depreciation) (7,692,145)
Decrease in net assets resulting from operations (1,155,820)
Distributions to shareholders  
From earnings (5,026,895)
Total distributions (5,026,895)
Fund share transactions  
Shares issued 611,636,020
Repurchased (1,868,608)
Total from fund share transactions 609,767,412
Total increase 603,584,697
Net assets  
Beginning of period —
End of period $603,584,697
Share activity  
Shares outstanding  
Beginning of period —
Shares issued 24,775,000
Shares repurchased (75,000)
End of period 24,700,000
    
1 Period from 8-19-25 (commencement of operations) to 3-31-26.
31 JOHN HANCOCK Global Senior Loan ETF |  SEE NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Table of Contents
CONSOLIDATED FINANCIAL HIGHLIGHTS
Period ended 3-31-261
Per share operating performance  
Net asset value, beginning of period $25.00
Net investment income2 0.78
Net realized and unrealized gain (loss) on investments (0.64)
Total from investment operations 0.14
Less distributions  
From net investment income (0.70)
Net asset value, end of period $24.44
Total return (%)3 0.564
Ratios and supplemental data  
Net assets, end of period (in millions) $604
Ratios (as a percentage of average net assets):  
Expenses before reductions 0.775
Expenses including reductions 0.595
Net investment income 5.125
Portfolio turnover (%) 26
    
   
1 Period from 8-19-25 (commencement of operations) to 3-31-26.
2 Based on average daily shares outstanding.
3 Total returns would have been lower had certain expenses not been reduced during the applicable periods.
4 Not annualized.
5 Annualized.
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Notes to consolidated financial statements
Note 1—Organization
John Hancock Global Senior Loan ETF (the fund) is a series of John Hancock Exchange-Traded Fund Trust (the Trust), an open-end management investment company organized as a Massachusetts business trust and registered under the Investment Company Act of 1940, as amended (the 1940 Act). The investment objective of the fund is to seek to provide a high level of current income.
The fund commenced operations on August 19, 2025.
On December 11, 2025, the Board of Trustees approved a change of the fiscal year end of the fund from April 30 to March 31.
Basis of consolidation. The accompanying consolidated financial statements include the accounts of John Hancock GSL ETF Cayman Subsidiary Fund (the subsidiary), which was incorporated on July 8, 2025, and is a wholly-owned subsidiary of the fund. The fund and its subsidiary are advised by John Hancock Investment Management LLC (the Advisor). As of March 31, 2026, the net assets of the subsidiary were $51,188 representing 0.01% of the fund’s consolidated net assets. Intercompany accounts and transactions, if any, have been eliminated. The consolidated fund’s investments include positions of the fund and the subsidiary.
Note 2—Significant accounting policies
The consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (US GAAP), which require management to make certain estimates and assumptions as of the date of the consolidated financial statements. Actual results could differ from those estimates and those differences could be significant. The fund qualifies as an investment company under Topic 946 of Accounting Standards Codification of US GAAP.
Events or transactions occurring after the end of the fiscal period through the date that the consolidated financial statements were issued have been evaluated in the preparation of the consolidated financial statements. The following summarizes the significant accounting policies of the fund:
Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the NYSE pursuant to the Valuation Policies and Procedures of the Advisor, John Hancock Investment Management LLC, the fund’s valuation designee.
In order to value the securities, the fund uses the following valuation techniques: Debt obligations are typically valued based on evaluated prices provided by an independent pricing vendor. Independent pricing vendors utilize matrix pricing, which takes into account factors such as institutional-size trading in similar groups of securities, yield, quality, coupon rate, maturity, type of issue, trading characteristics and other market data, as well as broker supplied prices. Investments by the fund in open-end mutual funds are valued at their respective NAVs each business day. Forward foreign currency contracts are valued at the prevailing forward rates which are based on foreign currency exchange spot rates and forward points supplied by an independent pricing vendor.  Foreign securities and currencies are valued in U.S. dollars based on foreign currency exchange rates supplied by an independent pricing vendor valued at London close..
Other portfolio securities and assets, for which reliable market quotations are not readily available, are valued at fair value as determined in good faith by the Pricing Committee following procedures established by the Advisor and adopted by the Board of Trustees. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready market for such securities existed. Trading in foreign securities may be completed before the scheduled daily close of trading on the NYSE. Significant events at the issuer or market level may affect the values of securities between the time when the valuation of the securities is generally determined and the close of the NYSE. If a significant event occurs, these securities may be fair valued, as determined in good faith by the Pricing Committee,
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following procedures established by the Advisor and adopted by the Board of Trustees. The Advisor uses fair value adjustment factors provided by an independent pricing vendor to value certain foreign securities in order to adjust for events that may occur between the close of foreign exchanges or markets and the close of the NYSE.
The fund uses a three tier hierarchy to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities, including registered investment companies. Level 2 includes securities valued using other significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates, prepayment speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities valued using significant unobservable inputs when market prices are not readily available or reliable, including the Advisor’s assumptions in determining the fair value of investments. Factors used in determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.
The following is a summary of the values by input classification of the Consolidated Fund’s investments as of March 31, 2026, by major security category or type:
  Total
value at
3-31-26 		Level 1
quoted
price 		Level 2
significant
observable
inputs 		Level 3
significant
unobservable
inputs
Investments in securities:        
Assets        
Senior loans $487,586,783 — $487,586,783 —
Asset-backed securities 40,749,026 — 40,749,026 —
Short-term investments 329,491,987 $329,491,987 — —
Total investments in securities $857,827,796 $329,491,987 $528,335,809 —
Derivatives:        
Assets        
Forward foreign currency contracts $316,019 — $316,019 —
Senior loans. The fund invests in senior loans. Senior loans include first and second lien term loans, delayed draw term loans, and revolving credit facilities, and club deals, and will include but not limited to, senior secured floating rate bank loans. These type of investments are called senior loans because they are generally secured by a borrower’s assets pursuant to a first or second priority or senior lien, ranking above unsecured an subordinated bonds. Such loans pay a coupon and repay the bulk of principle at maturity. This means that the asset class has little or no interest rate duration. Senior loans do not include commercial mortgage loans. The fund may invest in loans either by transacting directly at the initial funding date or acquiring loans in secondary market transactions. The fund’s commitments in connection with a portion of loans in which it invests may be unfunded.
The fund may be subject to greater levels of credit risk, call (or prepayment) risk, settlement risk and liquidity risk than funds that do not invest in senior loans. Senior loans are considered predominantly speculative with respect to an issuer’s continuing ability to make principal and interest payments, and may be more volatile than other types of securities. An economic downturn or individual corporate developments could adversely affect the market for these instruments and reduce the fund’s ability to sell these instruments at an advantageous time or price. An economic downturn would generally lead to a higher non-payment rate and a senior loan may lose significant value before a default occurs. The fund may also be subject to greater levels of liquidity risk than funds that do not invest in senior loans. In addition, the senior loans in which the fund invests may not be listed on any exchange and a secondary market for such loans may be comparatively less liquid relative to markets for other more liquid
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fixed income securities. Consequently, transactions in senior loans may involve greater costs than transactions in more actively traded securities. Restrictions on transfers in loan agreements, a lack of publicly-available information, irregular trading activity and wide bid/ask spreads among other factors, may, in certain circumstances, make senior loans difficult to value accurately or sell at an advantageous time or price than other types of securities or instruments. These factors may result in the fund being unable to realize full value for the senior loans and/or may result in the fund not receiving the proceeds from a sale of a senior loan for an extended period after such sale, each of which could result in losses to the fund. Senior loans may have extended trade settlement periods which may result in cash not being immediately available to the fund. If an issuer of a senior loan prepays or redeems the loan prior to maturity, the fund may have to reinvest the proceeds in other senior loans or similar instruments that may pay lower interest rates. Senior loans in which the fund invests may or may not be collateralized, although the loans may not be fully collateralized and the collateral may be unavailable or insufficient to meet the obligations of the borrower. The fund may have limited rights to exercise remedies against such collateral or a borrower, and loan agreements may impose certain procedures that delay receipt of the proceeds of collateral or require the fund to act collectively with other creditors to exercise its rights with respect to a senior loan. Because of the risks involved in investing in senior loans, an investment in the fund should be considered speculative. Junior loans, which are secured and unsecured subordinated loans, second lien loans and subordinate bridge loans, involve a higher degree of overall risk than senior loans of the same borrower due to the junior loan’s lower place in the borrower’s capital structure and, in some cases, their unsecured status.
At March 31, 2026, the fund had $1,102,553 in unfunded loan commitments outstanding.
Mortgage and asset-backed securities. The fund may invest in mortgage-related securities, such as mortgage-backed securities, and other asset-backed securities, which are debt obligations that represent interests in pools of mortgages or other income-bearing assets, such as consumer loans or receivables. Such securities often involve risks that are different from the risks associated with investing in other types of debt securities. Mortgage-backed and other asset-backed securities are subject to changes in the payment patterns of borrowers of the underlying debt. When interest rates fall, borrowers are more likely to refinance or prepay their debt before its stated maturity. This may result in the fund having to reinvest the proceeds in lower yielding securities, effectively reducing the fund’s income. Conversely, if interest rates rise and borrowers repay their debt more slowly than expected, the time in which the mortgage-backed and other asset-backed securities are paid off could be extended, reducing the fund’s cash available for reinvestment in higher yielding securities.  The timely payment of principal and interest of certain mortgage-related securities is guaranteed with the full faith and credit of the U.S. Government. Pools created and guaranteed by non-governmental issuers, including government-sponsored corporations (e.g., FNMA), may be supported by various forms of insurance or guarantees, but there can be no assurance that private insurers or guarantors can meet their obligations under the insurance policies or guarantee arrangements. The fund is also subject to risks associated with securities with contractual cash flows including asset-backed and mortgage related securities such as collateralized mortgage obligations, mortgage pass-through securities and commercial mortgage-backed securities. The value, liquidity and related income of these securities are sensitive to changes in economic conditions, including real estate value, pre-payments, delinquencies and/or defaults, and may be adversely affected by shifts in the market’s perception of the issuers and changes in interest rates.
Security transactions and related investment income. Investment security transactions are accounted for on a trade date plus one basis for daily NAV calculations. However, for financial reporting purposes, investment transactions are reported on trade date. Interest income is accrued as earned. Interest income includes coupon interest and amortization/accretion of premiums/discounts on debt securities. Debt obligations may be placed in a non-accrual status and related interest income may be reduced by stopping current accruals and writing off interest receivable when the collection of all or a portion of interest has become doubtful. Dividend income is recorded on ex-date, except for dividends of certain foreign securities where the dividend may not be known until
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after the ex-date. In those cases, dividend income, net of withholding taxes, is recorded when the fund becomes aware of the dividends. Non-cash dividends, if any, are recorded at the fair market value of the securities received. Gains and losses on securities sold are determined on the basis of identified cost and may include proceeds from litigation.
Foreign investing. Assets, including investments, and liabilities denominated in foreign currencies are translated into U.S. dollar values each day at the prevailing exchange rate. Purchases and sales of securities, income and expenses are translated into U.S. dollars at the prevailing exchange rate on the date of the transaction. The effect of changes in foreign currency exchange rates on the value of securities is reflected as a component of the realized and unrealized gains (losses) on investments. Foreign investments are subject to a decline in the value of a foreign currency versus the U.S. dollar, which reduces the dollar value of securities denominated in that currency.
Funds that invest internationally generally carry more risk than funds that invest strictly in U.S. securities. Risks can result from differences in economic and political conditions, regulations, market practices (including higher transaction costs), accounting standards and other factors.
Overdraft. The fund may have the ability to borrow from banks for temporary or emergency purposes, including meeting redemption requests that otherwise might require the untimely sale of securities. Pursuant to the fund’s custodian agreement, the custodian may loan money to the fund to make properly authorized payments. The fund is obligated to repay the custodian for any overdraft, including any related costs or expenses. The custodian may have a lien, security interest or security entitlement in any fund property that is not otherwise segregated or pledged, to the extent of any overdraft, and to the maximum extent permitted by law.
Line of credit. The fund and other affiliated funds have entered into a syndicated line of credit agreement with Citibank, N.A. as the administrative agent that enables them to participate in a $1 billion unsecured committed line of credit, which is in effect through July 13, 2026 unless extended or renewed. Excluding commitments designated for certain funds and subject to the needs of all other affiliated funds, the fund can borrow up to an aggregate commitment amount of $750 million, subject to asset coverage and other limitations as specified in the agreement.
A commitment fee payable at the end of each calendar quarter, based on the average daily unused portion of the line of credit, is charged to each participating fund based on an asset-based allocation and is reflected in Other expenses on the Consolidated statement of operations. For the period ended March 31, 2026, the fund had no borrowings under the line of credit. Commitment fees for the period ended March 31, 2026 were $334.
Expenses. Within the John Hancock group of funds complex, expenses that are directly attributable to an individual fund are allocated to such fund. Expenses that are not readily attributable to a specific fund are allocated among all funds in an equitable manner, taking into consideration, among other things, the nature and type of expense and the fund’s relative net assets. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.The fund incurred offering costs of $142,753 which are amortized over the fund’s first year of operations. During the period ended March 31, 2026, $87,145 of offering costs were expensed and are included in Offering costs within the Consolidated statement of operations. At March 31, 2026, $55,608 of unamortized offering costs are included in Deferred offering cost within the Consolidated statement of assets and liabilities.
Federal income taxes. The fund intends to qualify as a regulated investment company by complying with the applicable provisions of the Internal Revenue Code and will not be subject to federal income tax on taxable income that is distributed to shareholders. Therefore, no federal income tax provision is required.
For federal income tax purposes, as of March 31, 2026, the fund has a short-term capital loss carryforward of $2,164,170 and a long-term capital loss carryforward of $2,224,523 available to offset future net realized capital gains. These carryforwards do not expire.
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As of March 31, 2026, the fund had no uncertain tax positions that would require financial statement recognition, derecognition or disclosure. The fund’s federal tax returns are subject to examination by the Internal Revenue Service for a period of three years.
Distribution of income and gains. Distributions to shareholders from net investment income and net realized gains, if any, are recorded on the ex-date. The fund generally declares and pays dividends monthly. Capital gain distributions, if any, are typically distributed annually.
The tax character of distributions for the period ended March 31, 2026 was as follows:
  March 31, 2026
Ordinary income $5,026,895
As of March 31, 2026, the components of distributable earnings on a tax basis consisted of $618,505 of undistributed ordinary income.
Such distributions and distributable earnings, on a tax basis, if any, are determined in conformity with income tax regulations, which may differ from US GAAP. Distributions in excess of tax basis earnings and profits, if any, are reported in the fund’s consolidated financial statements as a return of capital.
Capital accounts within the consolidated financial statements are adjusted for permanent book-tax differences at fiscal year end. These adjustments have no impact on net assets or the results of operations. Temporary book-tax differences, if any, will reverse in a subsequent period. Book-tax differences are primarily attributable to foreign currency transactions and derivative transactions.
Note 3—Derivative instruments
The fund or its subsidiary may invest in derivatives in order to meet its investment objective. Derivatives include a variety of different instruments that may be traded in the over-the-counter (OTC) market, on a regulated exchange or through a clearing facility. The risks in using derivatives vary depending upon the structure of the instruments, including the use of leverage, optionality, the liquidity or lack of liquidity of the contract, the creditworthiness of the counterparty or clearing organization and the volatility of the position. Some derivatives involve risks that are potentially greater than the risks associated with investing directly in the referenced securities or other referenced underlying instrument. Specifically, the fund is exposed to the risk that the counterparty to an OTC derivatives contract will be unable or unwilling to make timely settlement payments or otherwise honor its obligations. OTC derivatives transactions typically can only be closed out with the other party to the transaction.
Derivatives which are typically traded through the OTC market are regulated by the Commodity Futures Trading Commission (the CFTC). Derivative counterparty risk is managed through an ongoing evaluation of the creditworthiness of all potential counterparties and, if applicable, designated clearing organizations. The fund attempts to reduce its exposure to counterparty risk for derivatives traded in the OTC market, whenever possible, by entering into an International Swaps and Derivatives Association (ISDA) Master Agreement with each of its OTC counterparties. The ISDA gives each party to the agreement the right to terminate all transactions traded under the agreement if there is certain deterioration in the credit quality or contractual default of the other party, as defined in the ISDA. Upon an event of default or a termination of the ISDA, the non-defaulting party has the right to close out all transactions and to net amounts owed.
As defined by the ISDA, the fund or its subsidiary may have collateral agreements with certain counterparties to mitigate counterparty risk on OTC derivatives. Subject to established minimum levels, collateral for OTC transactions is generally determined based on the net aggregate unrealized gain or loss on contracts with a particular counterparty. Collateral pledged to the fund, if any, is held in a segregated account by a third-party agent or held by the custodian bank for the benefit of the fund and can be in the form of cash or debt securities issued by the U.S. government or related agencies; collateral posted by the fund, if any, for OTC transactions is
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held in a segregated account at the fund’s custodian and is noted in the accompanying Consolidated Fund’s investments, or if cash is posted, on the Consolidated statement of assets and liabilities. The fund’s risk of loss due to counterparty risk is equal to the asset value of outstanding contracts offset by collateral received.
Certain derivatives are traded or cleared on an exchange or central clearinghouse. Exchange-traded or centrally-cleared transactions generally present less counterparty risk to a fund than OTC transactions. The exchange or clearinghouse stands between the fund and the broker to the contract and therefore, credit risk is generally limited to the failure of the exchange or clearinghouse and the clearing member.
Forward foreign currency contracts. A forward foreign currency contract is an agreement between two parties to buy and sell specific currencies at a price that is set on the date of the contract. The forward contract calls for delivery of the currencies on a future date that is specified in the contract. Forwards are typically traded OTC. Risks related to the use of forwards include the possible failure of counterparties to meet the terms of the forward agreement, the failure of the counterparties to timely post collateral if applicable, and the risk that currency movements will not favor the fund thereby reducing the fund’s total return, and the potential for losses in excess of the amounts recognized on the Consolidated statement of assets and liabilities.
The market value of a forward foreign currency contract fluctuates with changes in foreign currency exchange rates. Forward foreign currency contracts are marked-to-market daily and the change in value is recorded by the fund as an unrealized gain or loss. Realized gains or losses, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed, are recorded upon delivery or receipt of the currency or settlement with the counterparty.
During the period ended March 31, 2026, the fund used forward foreign currency contracts to manage against changes in foreign currency exchange rates. The fund held forward foreign currency contracts with USD notional values ranging from $26.7 million to $121.6 million, as measured at period end.
Fair value of derivative instruments by risk category
The table below summarizes the fair value of derivatives held by the fund and its subsidiary at March 31, 2026 by risk category:
Risk Consolidated statement of assets
and liabilities
location 		Financial
instruments
location 		Assets
derivatives
fair value 		Liabilities
derivatives
fair value
Currency Unrealized appreciation (depreciation) on forward foreign currency contracts Forward foreign currency contracts $316,019 —
For financial reporting purposes, the fund and its subsidiary do not offset OTC derivative assets or liabilities that are subject to master netting arrangements, as defined by the ISDAs, in the Consolidated statement of assets and liabilities. In the event of default by the counterparty or a termination of the agreement, the ISDA allows an offset of amounts across the various transactions between the fund and the applicable counterparty.
 Effect of derivative instruments on the Consolidated statement of operations
The table below summarizes the net realized gain (loss) included in the net increase (decrease) in net assets from operations, classified by derivative instrument and risk category, for the period ended March 31, 2026:
  Consolidated statement of operations location - Net realized gain (loss) on:
Risk Forward foreign
currency contracts
Currency $(27,247)
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The table below summarizes the net change in unrealized appreciation (depreciation) included in the net increase (decrease) in net assets from operations, classified by derivative instrument and risk category, for the period ended March 31, 2026:
  Consolidated statement of operations location - Change in net unrealized appreciation (depreciation) of:
Risk Forward foreign
currency contracts
Currency $316,019
Note 4—Guarantees and indemnifications
Under the Trust’s organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust, including the fund. Additionally, in the normal course of business, the fund enters into contracts with service providers that contain general indemnification clauses. The fund’s maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the fund that have not yet occurred. The risk of material loss from such claims is considered remote.
Note 5—Fees and transactions with affiliates
John Hancock Investment Management LLC (the Advisor) serves as investment advisor for the fund. The Advisor is an indirect, principally owned subsidiary of John Hancock Life Insurance Company (U.S.A.), which in turn is a subsidiary of Manulife Financial Corporation (MFC).
Management fee. The fund has an investment management agreement with the Advisor under which the fund pays an annual fee rate of 0.54% of the fund’s average daily net assets. The Advisor has a subadvisory agreement with CQS (US) LLC, an indirectly owned subsidiary of Manulife Financial Corporation and an affiliate of the Advisor. The fund is not responsible for payment of the subadvisory fees.
The Advisor has contractually agreed to waive a portion of its management fee and/or reimburse expenses for certain funds of the John Hancock group of funds complex, including the fund (the participating portfolios). This waiver is based upon aggregate net assets of all the participating portfolios. The amount of the reimbursement is calculated daily and allocated among all the participating portfolios in proportion to the daily net assets of each fund. During the period ended March 31, 2026, this waiver amounted to 0.01% of the fund’s average daily net assets, on an annualized basis. This agreement expires on July 31, 2027, unless renewed by mutual agreement of the fund and the Advisor based upon a determination that this is appropriate under the circumstances at that time.
The Advisor has contractually agreed to reduce its management fee or, if necessary, make payment to the fund in an amount by which expenses of the fund exceed 0.59% of average daily net assets. For purposes of this agreement, “expenses of the fund” means all fund expenses, excluding (a) taxes, (b) brokerage commissions, (c) interest expense, (d) litigation and indemnification expenses and other extraordinary expenses not incurred in the ordinary course of the fund’s business, (e) borrowing costs, (f) prime brokerage fees, (g) acquired fund fees and expenses paid indirectly, and (h) short dividend expense. This agreement expires on August 31, 2026, unless renewed by mutual agreement of the fund and the Advisor based upon a determination that this is appropriate under the circumstances at that time.
The expense reductions described above amounted to $220,313 for the period ended March 31, 2026.
Expenses waived or reimbursed in the current fiscal period are not subject to recapture in future fiscal periods.
The investment management fees, including the impact of the waivers and reimbursements as described above, incurred for the period ended March 31, 2026, were equivalent to a net annual effective 0.36% of the fund’s average daily net assets.
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Accounting and legal services. Pursuant to a service agreement, the fund reimburses the Advisor for all expenses associated with providing the administrative, financial, legal, compliance, accounting and recordkeeping services to the fund, including the preparation of all tax returns, periodic reports to shareholders and regulatory reports, among other services. These accounting and legal services fees incurred, for the period ended March 31, 2026, amounted to an annual rate of 0.02% of the fund’s average daily net assets.
Trustee expenses. The fund compensates each Trustee who is not an employee of the Advisor or its affiliates. The costs of paying Trustee compensation and expenses are allocated to the fund based on its net assets relative to other funds within the John Hancock group of funds complex.
Note 6—Fund share transactions
The fund will issue and redeem shares only in a large number of specified shares, each called a “creation unit,” or multiples thereof. The fund issues and redeems shares at NAV in creation units of 25,000. Only authorized participants may engage in creation or redemption transactions directly with the fund. Such transactions generally take place when an authorized participant deposits into a fund a designated portfolio of securities and/or cash in exchange for a specified number of creation units. Similarly, shares can be redeemed only in creation units, generally for a designated portfolio of securities and/or cash. For purposes of US GAAP, in-kind redemption transactions are treated as a sale of securities and any resulting gains and losses are recognized based on the market value of the securities on the date of the transfer. Authorized participants pay a transaction fee to the custodian when purchasing and redeeming creation units of the fund. The transaction fee is used to defray the costs associated with the issuance and redemption of creation units. Individual shares of the fund may only be purchased and sold in secondary market transactions through brokers. Secondary market transactions may be subject to brokerage commissions. Shares of the fund are listed and traded on the NYSE Arca, Inc., trade at market prices rather than NAV, and may trade at a price greater than or less than NAV.
Authorized participants transacting in creation or redemption of units for cash may also pay an additional variable charge to compensate the fund for the costs associated with purchasing or selling the applicable securities. Fixed transaction fees payable to the custodian may also be incurred on creation and redemption transactions. For the period ended March 31, 2026, such variable and/or fixed transaction fees were approximately $1,135,053. These charges are included in shares issued or repurchased on the Consolidated statement of changes in net assets.
Note 7—Purchase and sale of securities
Purchases and sales of securities, other than short-term investments, amounted to $588,404,686 and $49,864,570, respectively, for the period ended March 31, 2026.
Note 8—Investment by affiliated funds
Certain investors in the fund are affiliated funds that are managed by the Advisor and its affiliates. The affiliated funds do not invest in the fund for the purpose of exercising management or control; however, this investment may represent a significant portion of the fund’s net assets. At March 31, 2026, funds within the John Hancock group of funds complex held 99.3% of the fund’s net assets. The following fund(s) had an affiliate ownership of 5% or more of the fund’s net assets:
Portfolio Affiliated Concentration
John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio 21.3%
John Hancock Variable Insurance Trust Managed Volatility Growth Portfolio 16.9%
John Hancock Variable Insurance Trust Lifestyle Growth Portfolio 16.8%
John Hancock Funds II Lifestyle Blend Balanced Portfolio 6.8%
John Hancock Variable Insurance Trust Managed Volatility Moderate Portfolio 6.4%
John Hancock Variable Insurance Trust Lifestyle Balanced Portfolio 5.5%
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Note 9—Segment reporting
The management committee of the Advisor acts as the fund’s chief operating decision maker (the CODM), assessing performance and making decisions about resource allocation. The fund represents a single operating segment, as the CODM monitors and assesses the operating results of the fund as a whole, and the fund’s long-term strategic asset allocation is managed in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the portfolio management team of the fund’s subadvisor. Segment assets are reflected in the Consolidated statement of assets and liabilities as “Total assets”, which consists primarily of total investments at value. The financial information, including the measurement of profit and loss and significant expenses, provided to and reviewed by the CODM is consistent with that presented within the Consolidated statement of operations, which includes “Increase (decrease) in net assets from operations”, Consolidated statement of changes in net assets, which includes “Increase (decrease) in net assets from fund share transactions”, and Consolidated financial highlights, which includes total return and income and expense ratios.
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Report of Independent Registered Public Accounting Firm
To the Board of Trustees of John Hancock Exchange-Traded Fund Trust and Shareholders of John Hancock Global Senior Loan ETF
Opinion on the Financial Statements
We have audited the accompanying consolidated statement of assets and liabilities, including the consolidated fund’s investments, of John Hancock Global Senior Loan ETF and its subsidiary (one of the funds constituting John Hancock Exchange-Traded Fund Trust, referred to hereafter as the “Fund”) as of March 31, 2026, and the related consolidated statements of operations and changes in net assets, including the related notes, and the consolidated financial highlights for the period August 19, 2025 (commencement of operations) through March 31, 2026 (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Fund as of March 31, 2026, and the results of its operations, changes in its net assets and the financial highlights for the period August 19, 2025 (commencement of operations) through March 31, 2026, in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These consolidated financial statements are the responsibility of the Fund’s management. Our responsibility is to express an opinion on the Fund’s consolidated financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audit of these consolidated financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement, whether due to error or fraud.
Our audit included performing procedures to assess the risks of material misstatement of the consolidated financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. Our procedures included confirmation of securities owned as of March 31, 2026 by correspondence with the custodian, transfer agent, agent banks and brokers; when replies were not received from agent banks and brokers, we performed other auditing procedures. We believe that our audit provides a reasonable basis for our opinion.
/s/ PricewaterhouseCoopers LLP
Boston, Massachusetts
May 19, 2026
We have served as the auditor of one or more investment companies in the John Hancock group of funds since 1988.
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Tax information
(Unaudited)
For federal income tax purposes, the following information is furnished with respect to the distributions of the fund, if any, paid during its taxable period ended March 31, 2026.
The fund reports the maximum amount allowable of its net taxable income as eligible for the corporate dividends-received deduction.
The fund reports the maximum amount allowable of its net taxable income as qualified dividend income as provided in the Jobs and Growth Tax Relief Reconciliation Act of 2003.
The fund reports the maximum amount allowable as Section 163(j) Interest Dividends.
Each fund reports the maximum amount allowable of its Section 199A dividends as defined in Proposed Treasury Regulation §1.199A-3(d).
Eligible shareholders will be mailed a 2026 Form 1099-DIV in early 2027. This will reflect the tax character of all distributions paid in calendar year 2026.
Please consult a tax advisor regarding the tax consequences of your investment in the fund.
43 JOHN HANCOCK GLOBAL SENIOR LOAN ETF |   
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SHAREHOLDER MEETING
(Unaudited)
John Hancock Exchange-Traded Fund Trust held a Special Joint Meeting of Shareholders on Wednesday, November 12, 2025. The following proposal was considered by the shareholders:
Proposal: To elect five Trustees as members of the Board of Trustees of the Trust.
THE PROPOSAL PASSED ON November 12, 2025.
  Total votes
for the nominee 		Total votes withheld
from the nominee
Independent Trustees    
William K. Bacic 88,673,331 1,228,907
Christine L. Hurtsellers 88,908,859 993,379
Kenneth J. Phelan 88,618,058 1,284,180
Thomas R. Wright 88,695,923 1,206,315
    
Non-Independent Trustee    
Kristie M. Feinberg 88,864,414 1,037,824
   | JOHN HANCOCK GLOBAL SENIOR LOAN ETF 44
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John Hancock Investment Management LLC, 200 Berkeley Street, Boston, MA 02116, 800-225-6020, jhinvestments.com/etf
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NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
This report is for the information of the shareholders of John Hancock Global Senior Loan ETF. It is not authorized for distribution to prospective investors unless preceded or accompanied by a prospectus.
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