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 4/30/2020)
| RODE | ||
|---|---|---|
| JAPAN | 17 | |
| CHINA | 8 | |
| AUSTRALIA | 7 | |
| CANADA | 6 | |
| SOUTH KOREA | 6 | |
| UNITED KINGDOM | 6 | |
| TAIWAN | 5 | |
| FRANCE | 4 | |
| NETHERLANDS | 3 | |
| HONG KONG | 3 | |
| Total of Top 10 Countries(%) | 65 | |
| Other (26 countries) | ||
| MSCI ACWI ex USA Index | ||
|---|---|---|
| JAPAN | 17 | |
| CHINA | 11 | |
| UNITED KINGDOM | 9 | |
| SWITZERLAND | 7 | |
| FRANCE | 7 | |
| CANADA | 7 | |
| GERMANY | 6 | |
| AUSTRALIA | 4 | |
| TAIWAN | 4 | |
| SOUTH KOREA | 3 | |
| Total of Top 10 Countries(%) | 74 | |
| Other (40 countries) | ||
| Fund | MSCI ACWI ex USA Index | |
|---|---|---|
| Less than $2B | 13 | 1 |
| $2B - $10B | 36 | 20 |
| $10B - $100B | 44 | 59 |
| Greater than $100B | 7 | 20 |
| Fund | MSCI ACWI ex USA Index | |
|---|---|---|
| Price/Book | 1.1x | 1.4x |
| Price/Earnings | 9.8x | 14.1x |
| Return on Equity | 14.9% | 15.2% |
| Nominal Companies | 325 | 2324 |
| Effective Companies | 196 | 319 |
| Nominal Countries | 36 | 50 |
| Effective Countries | 16 | 13 |
| Debt to Equity | 77.6% | 105.4% |
| Index Dividend Yield (%) | 4.71 | 3.51 |
| Fund | MSCI ACWI ex USA Index | |
|---|---|---|
| Less than $2B | 13 | 1 |
| $2B - $10B | 36 | 20 |
| $10B - $100B | 44 | 59 |
| Greater than $100B | 7 | 20 |
Top Ten Holdings (%)
| ASTELLAS PHARMA INC COMMON STOCK | 1.08 |
| NOVO NORDISK A/S B COMMON STOCK DKK.2 | 1.06 |
| ROCHE HOLDING AG GENUSSCHEIN COMMON STOCK | 1.04 |
| BLUESCOPE STEEL LTD COMMON STOCK | 1.04 |
| KDDI CORP COMMON STOCK | 1.03 |
| WEICHAI POWER CO LTD H COMMON STOCK CNY1.0 | 0.96 |
| MERCK KGAA COMMON STOCK | 0.95 |
| KONINKLIJKE AHOLD DELHAIZE N COMMON STOCK EUR.01 | 0.94 |
| ENEL AMERICAS SA COMMON STOCK | 0.89 |
| SAMSUNG ELECTRONICS CO LTD COMMON STOCK KRW100.0 | 0.88 |
| Total of Top Ten Holdings | 9.87 |
Sector Exposure (%)
| label | currentpercentage |
|---|---|
| Financials | 21 |
| Health Care | 13 |
| Industrials | 10 |
| Consumer Discretionary | 10 |
| Information Technology | 9 |
| Communication Services | 9 |
| Consumer Staples | 8 |
| Real Estate | 5 |
| Materials | 5 |
| Energy | 5 |
| Utilities | 5 |
| Sectors | Fund 4/30/2020 | MSCI ACWI ex USA 4/30/2020 |
|---|---|---|
| Financials | 21 | 19 |
| Health Care | 13 | 11 |
| Communication Services | 9 | 7 |
| Real Estate | 5 | 3 |
| Utilities | 5 | 4 |
| Energy | 5 | 5 |
| Industrials | 10 | 11 |
| Information Technology | 9 | 10 |
| Consumer Discretionary | 10 | 12 |
| Consumer Staples | 8 | 10 |
| Materials | 5 | 7 |
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 |
|---|---|---|---|---|---|---|
| 12/20/2019 | 12/23/2019 | 12/26/2019 | $0.4328 | $0.0000 | $0.0000 | $0.4328 |
| 6/25/2019 | 6/26/2019 | 6/28/2019 | $0.2982 | $0.0000 | $0.0000 | $0.2982 |
Past distributions are not indicative of future distributions.
|
Average Annual Total Returns % (as of
4/30/2020)
|
|||||
| 1YR | 3YR | 5YR | SI1 | ||
|---|---|---|---|---|---|
| Hartford Multifactor Diversified International ETF(RODE, NAV) | -15.29 | --- | --- | -1.82 | |
| Hartford Multifactor Diversified International ETF(RODE, Market Price) | -16.37 | --- | --- | -2.11 | |
| Underlying Index (Hartford Multifactor Diversified International Spliced Index) | -15.22 | --- | --- | --- | |
| MSCI ACWI ex USA Index | -11.51 | -0.25 | -0.17 | --- | |
|
Average Annual Total Returns % (as of
3/31/2020)
|
|||||
| 1YR | 3YR | 5YR | SI1 | ||
|---|---|---|---|---|---|
| Hartford Multifactor Diversified International ETF(RODE, NAV) | -20.94 | --- | --- | -4.52 | |
| Hartford Multifactor Diversified International ETF(RODE, Market Price) | -21.01 | --- | --- | -4.43 | |
| Underlying Index (Hartford Multifactor Diversified International Spliced Index) | -20.81 | --- | --- | --- | |
| MSCI ACWI ex USA Index | -15.57 | -1.96 | -0.64 | --- | |
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.
| 2019 | 16.07 |
| 2018 | -9.46 |
| Ticker | RODE |
| Inception | May 10, 2017 |
| Underlying Index | LRODEX |
| Net Assets | $4,856,861.75 |
| Shares Outstanding | 200,000 |
| Distributor | ALPS Distributors, Inc. |
| Ticker | RODE |
| CUSIP | 518416607 |
| IOPV TICKER | RODE.IV |
| Stock Exchange | CBOE BZX Exchange, Inc. |
| Close | $24.48 |
| Change | $0.58 |
| Change % | 2.43% |
| Net Asset Value(NAV) | $24.28 |
| NAV Change | $0.37 |
| NAV Change % | 1.56% |
| Premium/Discount | 0.81% |
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Fund LiteratureSelect All
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Fact Sheet03/31/2020 | pdfThis Fact Sheet summarizes the ETFs investment approach, portfolio statistics, top holdings, and current performance.
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Multifactor Diversified International ETF Summary Prospectus01/26/2018 | pdfA concise summary of the Fund’s investment strategy, performance, expenses, risks, and management team.
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Semi Annual Report03/31/2020 | pdfA semi-annual update on the Fund that includes a manager discussion of the Fund’s performance and financial statements.
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Annual Report09/30/2019 | pdfAn 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 Flyer03/31/2020 | pdfHartford Multifactor ETFs are designed for growth and structured for resilience. |
Hartford Funds ETF Flyer03/31/2020 | 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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Hartford Multifactor Diversified International ETF (RODE) Pitchbook03/31/2020 | pdfThis Pitchbook reviews the ETFs investment approach, investment team, investment process, and general portfolio parameters.
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Hartford Multifactor ETF Introductory Pitchbook03/31/2020 | pdfHartford Multifactor ETF Introductory Pitchbook
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Hartford Multifactor ETFs Pitchbook03/31/2020 | pdfThis Pitchbook reviews the ETFs' investment approach, investment team, investment process, portfolio statistics, top holdings, and current performance.
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Multifactor Diversified International ETF Statutory Prospectus05/11/2018 | pdfAn 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 SAI01/26/2018 | pdfA 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.
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