Boston-based John Hancock Investments has launched five new ETFs that track indexes constructed by Dimensional Fund Advisors.

The new ETFs provide access to different economic sectors: the John Hancock Multifactor Consumer Staples ETF (JHMS), the John Hancock Multifactor Energy ETF (JHME), the John Hancock Multifactor Industrials ETF (JHMI), the John Hancock Multifactor Materials ETF (JHMA) and the John Hancock Multifactor Utilities ETF (JHMU).

The ETFs track indexes built using Dimensional Fund Advisor’s multifactor strategic beta approach that makes investment decisions based on value, size, market beta and profitability.