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
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.
Country Allocation(%)
(as of 12/31/2020)
| RODE | ||
|---|---|---|
| JAPAN | 14 | |
| CHINA | 8 | |
| AUSTRALIA | 7 | |
| SOUTH KOREA | 7 | |
| TAIWAN | 7 | |
| UNITED KINGDOM | 6 | |
| CANADA | 4 | |
| SWEDEN | 4 | |
| FRANCE | 3 | |
| TURKEY | 3 | |
| Total of Top 10 Countries(%) | 64 | |
| Other (24 countries) | ||
| MSCI ACWI ex USA Index | ||
|---|---|---|
| JAPAN | 16 | |
| CHINA | 12 | |
| UNITED KINGDOM | 8 | |
| FRANCE | 7 | |
| CANADA | 6 | |
| SWITZERLAND | 6 | |
| GERMANY | 6 | |
| AUSTRALIA | 5 | |
| SOUTH KOREA | 4 | |
| TAIWAN | 4 | |
| Total of Top 10 Countries(%) | 74 | |
| Other (41 countries) | ||
| Fund | MSCI ACWI ex USA Index | |
|---|---|---|
| Less than $2B | 13 | 0 |
| $2B - $10B | 31 | 14 |
| $10B - $100B | 48 | 61 |
| Greater than $100B | 8 | 25 |
| Fund | MSCI ACWI ex USA Index | |
|---|---|---|
| Price/Book | 1.3x | 1.8x |
| Price/Earnings | 12.2x | 20.7x |
| Return on Equity | 17.1% | 13.6% |
| Nominal Companies | 316 | 2281 |
| Effective Companies | 189 | 328 |
| Nominal Countries | 34 | 51 |
| Effective Countries | 17 | 14 |
| Debt to Equity | 82.4% | 104.7% |
| Index Dividend Yield (%) | 3.70 | 2.37 |
| Fund | MSCI ACWI ex USA Index | |
|---|---|---|
| Less than $2B | 13 | 0 |
| $2B - $10B | 31 | 14 |
| $10B - $100B | 48 | 61 |
| Greater than $100B | 8 | 25 |
Top Ten Holdings (%)
| GREAT WALL MOTOR COMPANY H COMMON STOCK CNY1.0 | 1.83 |
| FORTESCUE METALS GROUP LTD COMMON STOCK | 1.24 |
| WEICHAI POWER CO LTD H COMMON STOCK CNY1.0 | 1.21 |
| INVESTOR AB B SHS COMMON STOCK SEK6.25 | 1.05 |
| HON HAI PRECISION INDUSTRY COMMON STOCK TWD10. | 1.03 |
| LUNDBERGS AB B SHS COMMON STOCK | 1.03 |
| RIO TINTO PLC COMMON STOCK GBP.1 | 1.02 |
| BHP GROUP LTD COMMON STOCK | 1.02 |
| SAMSUNG ELECTRONICS CO LTD COMMON STOCK KRW100.0 | 0.97 |
| BLUESCOPE STEEL LTD COMMON STOCK | 0.97 |
| Total of Top Ten Holdings | 11.37 |
Sector Exposure (%)
| label | currentpercentage |
|---|---|
| Financials | 20 |
| Health Care | 12 |
| Consumer Discretionary | 12 |
| Information Technology | 11 |
| Industrials | 10 |
| Materials | 9 |
| Consumer Staples | 9 |
| Communication Services | 8 |
| Real Estate | 4 |
| Utilities | 3 |
| Energy | 3 |
| Sectors | Fund 12/31/2020 | MSCI ACWI ex USA 12/31/2020 |
|---|---|---|
| Financials | 20 | 18 |
| Health Care | 12 | 10 |
| Materials | 9 | 8 |
| Communication Services | 8 | 7 |
| Real Estate | 4 | 3 |
| Consumer Staples | 9 | 9 |
| Utilities | 3 | 3 |
| Energy | 3 | 4 |
| Consumer Discretionary | 12 | 14 |
| Information Technology | 11 | 13 |
| Industrials | 10 | 12 |
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.
| Ex-Dividend Date | Record Date | Payable Date | Ordinary Income | Short-Term Capital Gain | Long-Term Capital Gain | Total Distribution |
|---|---|---|---|---|---|---|
| 12/23/2020 | 12/24/2020 | 12/29/2020 | $0.4400 | $0.0000 | $0.0000 | $0.4400 |
| 6/25/2020 | 6/26/2020 | 6/30/2020 | $0.3864 | $0.0000 | $0.0000 | $0.3864 |
Past distributions are not indicative of future distributions.
|
Average Annual Total Returns % (as of
12/31/2020)
|
|||||
| 1YR | 3YR | 5YR | SI1 | ||
|---|---|---|---|---|---|
| Hartford Multifactor Diversified International ETF(RODE, NAV) | -0.26 | 1.58 | --- | 4.73 | |
| Hartford Multifactor Diversified International ETF(RODE, Market Price) | -0.68 | 1.24 | --- | 4.68 | |
| Underlying Index (Hartford Multifactor Diversified International Spliced Index) | -0.03 | 1.77 | --- | --- | |
| MSCI ACWI ex USA Index | 10.65 | 4.88 | 8.93 | --- | |
|
Average Annual Total Returns % (as of
12/31/2020)
|
|||||
| 1YR | 3YR | 5YR | SI1 | ||
|---|---|---|---|---|---|
| Hartford Multifactor Diversified International ETF(RODE, NAV) | -0.26 | 1.58 | --- | 4.73 | |
| Hartford Multifactor Diversified International ETF(RODE, Market Price) | -0.68 | 1.24 | --- | 4.68 | |
| Underlying Index (Hartford Multifactor Diversified International Spliced Index) | -0.03 | 1.77 | --- | --- | |
| MSCI ACWI ex USA Index | 10.65 | 4.88 | 8.93 | --- | |
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 net asset value (NAV). Total returns are calculated using the daily 4:00 p.m. Eastern Time 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 an investor would receive if they traded shares at other times. Brokerage commissions apply and will reduce returns.
1 Index "inception" return is based on the fund's inception date.
| 2020 | -0.26 |
| 2019 | 16.07 |
| 2018 | -9.46 |
| Ticker | RODE |
| Inception | May 10, 2017 |
| Underlying Index | LRODEX |
| Net Assets | $5,461,243.30 |
| Shares Outstanding | 200,000 |
| Distributor | ALPS Distributors, Inc. |
| Ticker | RODE |
| CUSIP | 518416607 |
| IOPV TICKER | RODE.IV |
| Stock Exchange | CBOE BZX Exchange, Inc. |
| Close | $27.15 |
| Change | $-0.60 |
| Change % | -2.18% |
| Net Asset Value(NAV) | $27.31 |
| NAV Change | $-0.26 |
| NAV Change % | -0.96% |
| Premium/Discount | -0.57% |
| 30 Day Median Bid/Ask Spread | 0.40% |
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Fact Sheet09/30/2020 | pdfThis Fact Sheet summarizes the ETFs investment approach, portfolio statistics, top holdings, and current performance.
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Multifactor Diversified International ETF Summary ProspectuspdfA concise summary of the Fund’s investment strategy, performance, expenses, risks, and management team.
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Semi Annual ReportpdfA semi-annual update on the Fund that includes a manager discussion of the Fund’s performance and financial statements.
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Annual ReportpdfAn annual update on the Fund that includes a manager discussion of the Fund’s performance and financial statements.
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Hartford Multifactor ETF Flyer09/30/2020 | pdfHartford Multifactor ETFs are designed for growth and structured for resilience. |
Hartford Multifactor Diversified International ETF (RODE) Pitchbook12/31/2020 | pdfThis Pitchbook reviews the ETF's investment approach, investment team, investment process, and general portfolio parameters.
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Hartford Multifactor ETFs Pitchbook09/30/2020 | pdfThis Pitchbook reviews the ETF's investment approach, investment team, investment process, and general portfolio parameters.
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Hartford Multifactor ETF Introductory Pitchbook09/30/2020 | pdfThis Pitchbook reviews the ETF's investment approach, investment team, investment process, and general portfolio parameters.
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Hartford Funds ETF Flyer06/30/2020 | pdfExchange-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.
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Multifactor Diversified International ETF Statutory ProspectuspdfAn annual update on the Fund that includes information about the Fund’s investment manager, sub-adviser, and operations.
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Multifactor Low Volatility International Equity ETF SAIpdfA supplementary document to the Fund’s prospectus that includes additional information about the Fund and its operations.
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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.
220685 LAT001948