Effective 11/6/19, the Hartford Multifactor Small Cap ETF changed its name, ticker symbol, principal investment strategy, custom underlying index and reference index. See the Fund’s prospectus, as supplemented, for more information.
Objective
Hartford Multifactor Small Cap ETF ("ROSC") seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an index that tracks the performance of small capitalization exchange traded equity securities.
Overview
Designed to provide equity exposure to small cap 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 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
Underlying Index: Hartford Multifactor Small Cap Index (Bloomberg Ticker: LROSCX)
CharacteristicsAllocations, exposures and holdings are subject to change. Percentages may be rounded.
| Fund | Russell 2000 Index | |
|---|---|---|
| Price/Book | 1.4x | 1.7x |
| Price/Earnings | 11.7x | 17.8x |
| Return on Equity | 16.0% | -2.9% |
| Nominal Companies | 347 | 2012 |
| Effective Companies | 191 | 842 |
| Nominal Countries | 1 | 14 |
| Effective Countries | 1 | 1 |
| Debt to Equity | 103.0% | 175.7% |
| Index Dividend Yield (%) | 2.37 | 1.66 |
| Fund | |
|---|---|
| Standard Deviation (5 Year) | 17.23 |
| Alpha (5 Year) | -1.37 |
| Beta (5 Year) | 0.96 |
| R Squared (5 Year) | 97.00 |
| Information Ratio (5 Year) | -0.55 |
| Up Capture (5 Year) | 91.52 |
| Sharpe Ratio (5 Year) | 0.34 |
| Down Capture (5 Year) | 97.11 |
Fundamental characteristics are based on industry-standard calculation methodologies and determined by Hartford Funds.
Top Ten Holdings (%)
| RENEWABLE ENERGY GROUP INC COMMON STOCK USD.0001 | 1.48 |
| MERIDIAN BIOSCIENCE INC COMMON STOCK | 1.41 |
| CORCEPT THERAPEUTICS INC COMMON STOCK USD.001 | 1.37 |
| VANDA PHARMACEUTICALS INC COMMON STOCK USD.001 | 1.08 |
| SYKES ENTERPRISES INC COMMON STOCK USD.01 | 1.05 |
| BIG LOTS INC COMMON STOCK USD.01 | 1.05 |
| RENT A CENTER INC COMMON STOCK USD.01 | 1.04 |
| DIODES INC COMMON STOCK USD.667 | 1.04 |
| BMC STOCK HOLDINGS INC COMMON STOCK USD.01 | 0.97 |
| GENWORTH FINANCIAL INC CL A COMMON STOCK USD.001 | 0.96 |
| Total of Top Ten Holdings | 11.45 |
| Fund | Russell 2000 Index | |
|---|---|---|
| Less than $2B | 73 | 47 |
| $2B - $10B | 27 | 52 |
| $10B - $100B | 0 | 1 |
| Greater than $100B | 0 | 0 |
Sector Exposure (%)
| label | currentpercentage |
|---|---|
| Health Care | 18 |
| Financials | 16 |
| Industrials | 14 |
| Consumer Discretionary | 13 |
| Information Technology | 13 |
| Consumer Staples | 6 |
| Materials | 5 |
| Real Estate | 5 |
| Energy | 5 |
| Communication Services | 3 |
| Utilities | 1 |
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 Gains | Long Term Capital Gains | Total Distribution |
|---|---|---|---|---|---|---|
| 9/25/2020 | 9/28/2020 | 9/30/2020 | $0.0938 | $0.0000 | $0.0000 | $0.0938 |
| 6/25/2020 | 6/26/2020 | 6/30/2020 | $0.1875 | $0.0000 | $0.0000 | $0.1875 |
| 12/20/2019 | 12/23/2019 | 12/26/2019 | $0.6000 | $0.0000 | $0.0000 | $0.6000 |
Past distributions are not indicative of future distributions.
|
Average Annual Total Returns % (as of
9/30/2020)
|
|||||
| 1YR | 3YR | 5YR | SI1 | ||
|---|---|---|---|---|---|
| Hartford Multifactor Small Cap ETF(ROSC, NAV) | -7.05 | -2.57 | 5.25 | 3.07 | |
| Hartford Multifactor Small Cap ETF(ROSC, Market Price) | -7.01 | -2.75 | 5.07 | 3.03 | |
| Underlying Index (Hartford Multifactor Small Cap Spliced Index) | -6.81 | -2.30 | 5.70 | --- | |
| Russell 2000 Index | 0.39 | 1.77 | 8.00 | --- | |
|
Average Annual Total Returns % (as of
9/30/2020)
|
|||||
| 1YR | 3YR | 5YR | SI1 | ||
|---|---|---|---|---|---|
| Hartford Multifactor Small Cap ETF(ROSC, NAV) | -7.05 | -2.57 | 5.25 | 3.07 | |
| Hartford Multifactor Small Cap ETF(ROSC, Market Price) | -7.01 | -2.75 | 5.07 | 3.03 | |
| Underlying Index (Hartford Multifactor Small Cap Spliced Index) | -6.81 | -2.30 | 5.70 | --- | |
| Russell 2000 Index | 0.39 | 1.77 | 8.00 | --- | |
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 Risk-Optimized Multifactor Global Small Cap Equity Index ("Global Small Cap Equity Index") to Hartford Multifactor Small Cap Index ("Small Cap Index"). The Hartford Multifactor Small Cap Spliced Index reflects the performance of the Global Small Cap Equity Index through 11/6/19 and the performance of the Small Cap 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.
| Ticker | ROSC |
| Inception | March 23, 2015 |
| Underlying Index | LROSCX |
| Net Assets | $7,883,240.08 |
| Shares Outstanding | 300,000 |
| Distributor | ALPS Distributors, Inc. |
| Ticker | ROSC |
| CUSIP | 518416508 |
| IOPV TICKER | ROSC.IV |
| Stock Exchange | NYSE Arca |
| Close | $26.27 |
| Change | $0.26 |
| Change % | 0.98% |
| Net Asset Value(NAV) | $26.28 |
| NAV Change | $0.25 |
| NAV Change % | 0.96% |
| Premium/Discount | -0.04% |
| 30 Day Median Bid/Ask Spread | 0.44% |
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Fact Sheet09/30/2020 | pdfThis Fact Sheet summarizes the ETF's investment approach, portfolio statistics, top holdings, and current performance. |
Multifactor Small Cap 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 Small Cap ETF 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 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 Small Cap ETF SAIpdfA supplementary document to the Fund’s prospectus that includes additional information about the Fund and its operations.
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Multifactor Small Cap 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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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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