• Account Access
  • Contact Us

    Pre-Sales Support

    Mutual Funds and ETFs - 800-456-7526
    Monday-Thursday: 8:00 a.m. – 6:00 p.m. ET
    Friday: 8:00 a.m. – 5:00 p.m. ET

    ETF Trading Support - 415-315-6600
    Monday-Friday: 9:30 a.m. – 5:00 p.m. ET

    Post-Sales and Website Support
    888-843-7824
    Monday-Friday: 9:00 a.m. - 6:00 p.m. ET

  • Advisor Log In

Hartford Multifactor Diversified International ETF

addandremoveFav

Explore Another ETFs

Effective 11/6/19, the Hartford Multifactor Diversified International Equity ETF changed its name, ticker symbol, principal investment strategy, and custom underlying index. See the Fund’s prospectus, as supplemented, for more information.

Objective

Hartford Multifactor Diversified International ETF ("RODE") seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an index that tracks the performance of companies located in both developed and emerging markets.

Overview

Designed to provide equity exposure to developed market (excluding the US) and emerging markets with potentially less volatility over a complete market cycle than traditional capitalization-weighted indices

More About Hartford Multifactor Diversified International ETF 

Our systematic, rules-based index methodology is designed to simultaneously address risks while seeking exposures to return-enhancing factors:

Set Risk Parameters

Seek to improve diversification versus a cap-weighted benchmark by reducing concentration at the country, sector, and individual company levels

Select Securities

Seek companies with a favorable combination of low valuation (50%), high momentum (30%), and high quality (20%) investment factors

Reconstitute and Rebalance

Reapply the investment process twice a year in March and September to ensure the portfolio stays true to the rules-based index methodology

CharacteristicsAllocations, exposures and holdings are subject to change. Percentages may be rounded.

Allocations, exposures and holdings are subject to change. Percentages may be rounded.

Country Allocation(%)
(as of 9/30/2020)

RODE
Sorry, your browser does not support inline SVG. JAPAN 15
Sorry, your browser does not support inline SVG. CHINA 7
Sorry, your browser does not support inline SVG. TAIWAN 7
Sorry, your browser does not support inline SVG. SOUTH KOREA 6
Sorry, your browser does not support inline SVG. UNITED KINGDOM 6
Sorry, your browser does not support inline SVG. AUSTRALIA 6
Sorry, your browser does not support inline SVG. CANADA 5
Sorry, your browser does not support inline SVG. SWEDEN 4
Sorry, your browser does not support inline SVG. FRANCE 3
Sorry, your browser does not support inline SVG. HONG KONG 3
Total of Top 10 Countries(%) 64
Sorry, your browser does not support inline SVG. Other (24 countries)
MSCI ACWI ex USA Index
Sorry, your browser does not support inline SVG. JAPAN 16
Sorry, your browser does not support inline SVG. CHINA 12
Sorry, your browser does not support inline SVG. UNITED KINGDOM 8
Sorry, your browser does not support inline SVG. FRANCE 7
Sorry, your browser does not support inline SVG. SWITZERLAND 7
Sorry, your browser does not support inline SVG. CANADA 6
Sorry, your browser does not support inline SVG. GERMANY 6
Sorry, your browser does not support inline SVG. AUSTRALIA 4
Sorry, your browser does not support inline SVG. TAIWAN 4
Sorry, your browser does not support inline SVG. SOUTH KOREA 4
Total of Top 10 Countries(%) 75
Sorry, your browser does not support inline SVG. Other (39 countries)
Market Cap Distribution(%)
(as of 9/30/2020)
Fund MSCI ACWI ex USA Index
Less than $2B 13 0
$2B - $10B 31 16
$10B - $100B 49 62
Greater than $100B 7 22
Holdings Characteristics
(as of 9/30/2020)
Fund MSCI ACWI ex USA Index
Price/Book 1.2x 1.6x
Price/Earnings 11.7x 18.4x
Return on Equity 17.3% 14.4%
Nominal Companies 320 2292
Effective Companies 198 290
Nominal Countries 34 49
Effective Countries 17 13
Debt to Equity 82.3% 102.0%
Index Dividend Yield (%) 4.09 2.83
Market Cap Distribution(%)
(as of 9/30/2020)
Fund MSCI ACWI ex USA Index
Less than $2B 13 0
$2B - $10B 31 16
$10B - $100B 49 62
Greater than $100B 7 22

Top Ten Holdings (%)

(as of 10/30/2020)
NOVO NORDISK A/S B COMMON STOCK DKK.2 1.06
GREAT WALL MOTOR COMPANY H COMMON STOCK CNY1.0 1.05
FISHER + PAYKEL HEALTHCARE C COMMON STOCK 1.05
LUNDBERGS AB B SHS COMMON STOCK 1.01
BANK OF CHINA LTD H COMMON STOCK CNY1.0 1.00
WEICHAI POWER CO LTD H COMMON STOCK CNY1.0 0.99
KONINKLIJKE AHOLD DELHAIZE N COMMON STOCK EUR.01 0.98
ROCHE HOLDING AG GENUSSCHEIN COMMON STOCK 0.97
INVESTOR AB B SHS COMMON STOCK SEK6.25 0.96
BLUESCOPE STEEL LTD COMMON STOCK 0.95
Total of Top Ten Holdings 10.02

Sector Exposure (%)

(as of 9/30/2020)
label currentpercentage
Financials 19
Health Care 13
Information Technology 11
Consumer Staples 10
Consumer Discretionary 10
Industrials 10
Communication Services 9
Materials 8
Real Estate 4
Utilities 4
Energy 2
Sector Exposure (%)
Sectors 6/30/2020 Fund 9/30/2020 MSCI ACWI ex USA 9/30/2020 UNDERWEIGHT / OVERWEIGHT -4 0 4
Health Care 13 13 10
Overweight 75.0%
Financials 20 19 17
Overweight 50.0%
Communication Services 8 9 7
Overweight 50.0%
Real Estate 5 4 3
Overweight 25.0%
Utilities 5 4 3
Overweight 25.0%
Consumer Staples 8 10 10
Overweight 0.0%
Materials 6 8 8
Overweight 0.0%
Information Technology 10 11 12
Overweight 25.0%
Industrials 10 10 12
Overweight 50.0%
Energy 4 2 4
Overweight 50.0%
Consumer Discretionary 10 10 14
Overweight 100.0%

Distribution and Capital Gains

Ex-Dividend Date Record Date Payable Date Ordinary Income Short Term Capital Gains Long Term Capital Gains Total Distribution
-- -- -- -- -- -- --

Past Distributions are not indicative of future distributions

Based on Global Industry Classification Standard (GICS), which was developed by and is the exclusive property and a service mark of MSCI Inc. (MSCI) and Standard & Poor’s, a division of The McGraw-Hill Companies, Inc. (S&P). Excludes cash. May not total to 100% due to rounding and/or pooled vehicle allocations.

Distributions and Capital Gains
Ex-Dividend Date Record Date Payable Date Ordinary Income Short-Term Capital Gain Long-Term Capital Gain Total Distribution
6/25/2020 6/26/2020 6/30/2020 $0.3864 $0.0000 $0.0000 $0.3864
12/20/2019 12/23/2019 12/26/2019 $0.4328 $0.0000 $0.0000 $0.4328

Past distributions are not indicative of future distributions.

Performance

Performance (%)
% (as of 9/30/2020)
Average Annual Total Returns % (as of 9/30/2020)
YTD 1YR 3YR 5YR SI1
Hartford Multifactor Diversified International ETF(RODE, NAV) -13.15 -9.03 -1.20 --- 0.89
Hartford Multifactor Diversified International ETF(RODE, Market Price) -13.16 -8.74 -1.49 --- 0.96
Underlying Index (Hartford Multifactor Diversified International Spliced Index) -13.16 -8.83 -1.09 --- ---
MSCI ACWI ex USA Index -5.44 3.00 1.16 6.23 ---
Performance (%)
% (as of 9/30/2020)
Average Annual Total Returns % (as of 9/30/2020)
YTD 1YR 3YR 5YR SI1
Hartford Multifactor Diversified International ETF(RODE, NAV) -13.15 -9.03 -1.20 --- 0.89
Hartford Multifactor Diversified International ETF(RODE, Market Price) -13.16 -8.74 -1.49 --- 0.96
Underlying Index (Hartford Multifactor Diversified International Spliced Index) -13.16 -8.83 -1.09 --- ---
MSCI ACWI ex USA Index -5.44 3.00 1.16 6.23 ---

SI = Since Inception.
Fund Inception: 05/10/2017
Operating Expenses:  
Net  0.29%  |   Gross  0.29%

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.

Index performance returns do not reflect any management fees, transaction costs, or expenses.

Effective 11/6/19, the Fund's custom underlying index changed from the Hartford Multifactor Low Volatility International Equity Index ("Low Volatility International Index") to Hartford Multifactor Diversified International Index ("Diversified International Index"). The Hartford Multifactor Diversified International Spliced Index reflects the performance of the Low Volatility International Index through 11/6/19 and the performance of the Diversified International Index thereafter. The Fund’s performance and historical returns shown for the periods prior to 11/6/19 are not necessarily indicative of the performance that the Fund would have generated based on its current custom underlying index.

ETF Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total returns are calculated using the daily 4:00pm Eastern Time net asset value (NAV). Market price returns reflect the midpoint of the bid/ask spread as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times. Brokerage commissions apply and will reduce returns.

1 Index "inception" return is based on the fund's inception date.

Calendar Year Returns(%)
2019 16.07
2018 -9.46

Key Facts & Trading Details

Key Facts  (as of 10/29/2020)
Ticker RODE
Inception May 10, 2017
Underlying Index LRODEX
Net Assets $4,641,950.31
Shares Outstanding 200,000
Distributor ALPS Distributors, Inc.
Trading Details  (as of 10/29/2020)
Ticker RODE
CUSIP 518416607
IOPV TICKER RODE.IV
Stock Exchange CBOE BZX Exchange, Inc.
Close $23.22
Change $0.11
Change % 0.45%
Net Asset Value(NAV) $23.21
NAV Change $-0.15
NAV Change % -0.65%
Premium/Discount 0.03%
30 Day Median Bid/Ask Spread 0.39%

Insights & Literature

pdf

How Risk Efficient Is Your Strategic Beta? 

08/17/2020
Make equity risk work harder to enhance capital growth potential.
pdf

Pursuing Long-Term Capital Growth Through Risk Efficiency 

02/20/2020
Investor interest in multifactor strategies continues to accelerate as a potential means to enhance capital growth beyond market beta.
pdf

Brexit: What’s Next? The Crunch Dates Ahead And What Investors Expect 

02/06/2020
“Brexit day” has come and gone, but the saga is far from over. We look at the key dates to come and what investors think will be the outcome.

Financial Professionals:

Log in to order forms and literature and manage your subscriptions.

  • Add to favorite(0)
  • Email(0)
  • Add to Cart(0)

Fund Literature

Select All

0 items Selected
My Favorites
Please select at least one item.

Done

pdf

Fact Sheet

09/30/2020 | pdf

This Fact Sheet summarizes the ETFs investment approach, portfolio statistics, top holdings, and current performance.

Add to
Cart

Multifactor Diversified International ETF Summary Prospectus

pdf

A concise summary of the Fund’s investment strategy, performance, expenses, risks, and management team.

Semi Annual Report

pdf

A semi-annual update on the Fund that includes a manager discussion of the Fund’s performance and financial statements.

Annual Report

pdf

An annual update on the Fund that includes a manager discussion of the Fund’s performance and financial statements.

Hartford Multifactor ETF Flyer

09/30/2020 | pdf

Hartford Multifactor ETFs are designed for growth and structured for resilience.

View FINRA Letter

Add to
Cart

Hartford Multifactor ETFs Pitchbook

09/30/2020 | pdf

This Pitchbook reviews the ETF's investment approach, investment team, investment process, and general portfolio parameters.

Add to
Cart

Hartford Multifactor ETF Introductory Pitchbook

09/30/2020 | pdf

This Pitchbook reviews the ETF's investment approach, investment team, investment process, and general portfolio parameters.

Add to
Cart

Hartford Multifactor Diversified International ETF (RODE) Pitchbook

09/30/2020 | pdf

This Pitchbook reviews the ETF's investment approach, investment team, investment process, and general portfolio parameters.

Add to
Cart

Hartford Funds ETF Flyer

06/30/2020 | pdf

Exchange-traded funds (ETFs) designed by Hartford Funds - both strategic beta and actively managed - seek to provide investors with the tools to take greater control over the risks and opportunities in their portfolios.

Add to
Cart

Multifactor Diversified International ETF Statutory Prospectus

pdf

An annual update on the Fund that includes information about the Fund’s investment manager, sub-adviser, and operations.

Multifactor Low Volatility International Equity ETF SAI

pdf

A supplementary document to the Fund’s prospectus that includes additional information about the Fund and its operations.  

Important Risks: Investing involves risk, including the possible loss of principal. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political and economic developments. These risks may be greater for investments in emerging markets. • Investments focused in a particular sector or industry are subject to greater market volatility risk. The Fund is not actively managed but rather attempts to track the performance of an index. The Fund's returns may diverge from that of the index.

Transactions in ETF shares will result in brokerage commissions and will generate tax consequences. All regulated investment companies are obliged to distribute portfolio gains to shareholders.

IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.

Premium/discount reflects the relationship between an ETF’s market price and its net asset value (NAV). Because ETFs are traded on an exchange, their market prices are in part driven by supply and demand dynamics. The ETF’s market price may be above its NAV (reflecting a premium) or below its NAV (reflecting a discount).

Investors may acquire ETF Shares and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

The MSCI information may only be used for your internal use, may not be reproduced or re-disseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties (including, without limitation, any warranties or originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. (www. msci.com)

Sources for all data: Bloomberg, MSCI and Hartford Funds.


217328    LAT001821