Effective 9/11/19, the Hartford Multifactor US Equity ETF (Fund) changed its principal investment strategy, custom underlying index and reference index. See the Fund's prospectus, as supplemented, for more information.
Objective
Hartford Multifactor US Equity ETF (”ROUS”) seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an index that tracks the performance of exchange traded U.S. equity securities.
Overview
Designed to provide equity exposure to the US market 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, market cap, 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.
| Fund | Russell 1000 Index | |
|---|---|---|
| Price/Book | 2.6x | 3.1x |
| Price/Earnings | 16.3x | 19.7x |
| Return on Equity | 25.9% | 25.1% |
| Nominal Companies | 349 | 981 |
| Effective Companies | 197 | 109 |
| Debt to Equity | 127.4% | 143.6% |
| Index Dividend Yield (%) | 2.42 | 1.93 |
Sector Exposure (%)
| label | currentpercentage |
|---|---|
| Information Technology | 21 |
| Health Care | 16 |
| Financials | 15 |
| Consumer Discretionary | 9 |
| Consumer Staples | 9 |
| Communication Services | 8 |
| Industrials | 8 |
| Real Estate | 6 |
| Utilities | 5 |
| Materials | 3 |
| Energy | 2 |
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.
Top Ten Holdings (%)
| VERIZON COMMUNICATIONS INC COMMON STOCK USD.1 | 1.82 |
| MERCK + CO. INC. COMMON STOCK USD.5 | 1.40 |
| JOHNSON + JOHNSON COMMON STOCK USD1.0 | 1.30 |
| BRISTOL MYERS SQUIBB CO COMMON STOCK USD.1 | 1.29 |
| AT+T INC COMMON STOCK USD1.0 | 1.28 |
| WALMART INC COMMON STOCK USD.1 | 1.25 |
| INTEL CORP COMMON STOCK USD.001 | 1.24 |
| ACCENTURE PLC CL A COMMON STOCK USD.0000225 | 1.15 |
| PEPSICO INC COMMON STOCK USD.017 | 1.13 |
| PFIZER INC COMMON STOCK USD.05 | 1.10 |
| Total of Top Ten Holdings | 12.96 |
| Fund | Russell 1000 Index | |
|---|---|---|
| Less than $2B | 0 | 0 |
| $2B - $10B | 28 | 9 |
| $10B - $100B | 40 | 40 |
| Greater than $100B | 32 | 51 |
| Ex-Dividend Date | Record Date | Payable Date | Ordinary Income | Short Term Capital Gains | Long Term Capital Gains | Total Distribution |
|---|---|---|---|---|---|---|
| 3/25/2020 | 3/26/2020 | 3/30/2020 | $0.1409 | $0.0000 | $0.0000 | $0.1409 |
| 12/20/2019 | 12/23/2019 | 12/26/2019 | $0.2448 | $0.0000 | $0.0000 | $0.2448 |
| 9/24/2019 | 9/25/2019 | 9/27/2019 | $0.1571 | $0.0000 | $0.0000 | $0.1571 |
| 6/25/2019 | 6/26/2019 | 6/28/2019 | $0.1552 | $0.0000 | $0.0000 | $0.1552 |
Past distributions are not indicative of future distributions.
|
Average Annual Total Returns % (as of
2/29/2020)
|
|||||
| 1YR | 3YR | 5YR | SI1 | ||
|---|---|---|---|---|---|
| Hartford Multifactor US Equity ETF(ROUS, NAV) | -0.01 | 5.99 | 6.09 | 6.01 | |
| Hartford Multifactor US Equity ETF(ROUS, Market Price) | 0.44 | 6.16 | 6.17 | 6.11 | |
| Underlying Index (Hartford Multifactor Large Cap Spliced Index) | 0.15 | 6.18 | 6.29 | --- | |
| Russell 1000 Index | 7.82 | 9.73 | 9.00 | --- | |
|
Average Annual Total Returns % (as of
12/31/2019)
|
|||||
| 1YR | 3YR | 5YR | SI1 | ||
|---|---|---|---|---|---|
| Hartford Multifactor US Equity ETF(ROUS, NAV) | 23.88 | 11.39 | --- | 8.44 | |
| Hartford Multifactor US Equity ETF(ROUS, Market Price) | 23.89 | 11.37 | --- | 8.43 | |
| Underlying Index (Hartford Multifactor Large Cap Spliced Index) | 24.09 | 11.59 | --- | --- | |
| Russell 1000 Index | 31.43 | 15.05 | 11.48 | --- | |
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 9/11/19, the Fund's custom underlying index changed from the Hartford Risk-Optimized Multifactor US Equity Index ("US Equity Index") to Hartford Multifactor Large Cap Index ("Large Cap Index"). The Hartford Multifactor Large Cap Spliced Index reflects the performance of the US Equity Index through 9/11/19 and the performance of the Large Cap Index thereafter. The Fund’s performance and historical returns shown for the periods prior to 9/11/19 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.
Overall, 4 stars, 3-Year, 4 stars, and 5-Year, 4 stars, rated against 1094, 1094 and 943 products, respectively. Morningstar RatingTM
is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures
. Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.©2020 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. :
| Ticker | ROUS |
| Inception | February 25, 2015 |
| Underlying Index | LROLCX |
| Net Assets | $246,431,149.86 |
| Shares Outstanding | 9,925,000 |
| Distributor | ALPS Distributors, Inc. |
| Ticker | ROUS |
| CUSIP | 518416409 |
| IOPV TICKER | ROUS.IV |
| Stock Exchange | NYSE Arca |
| Close | $24.74 |
| Change | $-0.60 |
| Change % | -2.37% |
| Net Asset Value(NAV) | $24.83 |
| NAV Change | $-0.46 |
| NAV Change % | -1.84% |
| Premium/Discount | -0.36% |
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Fact Sheet12/31/2019 | pdfThis Fact Sheet summarizes the ETF's investment approach, portfolio statistics, top holdings, and current performance. |
Multifactor US Equity 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 Report03/31/2019 | 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 Funds ETF Flyer12/31/2019 | 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 ETF Investment Process Flyer12/31/2019 | pdfThis flyer explains how Hartford Multifactor ETFs pursue growth by taking better risk. |
Hartford Multifactor ETF Introductory Pitchbook12/31/2019 | pdfHartford Multifactor ETF Introductory Pitchbook
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Hartford Multifactor US Equity ETF Pitchbook12/31/2019 | pdfThis Pitchbook reviews the ETFs investment approach, investment team, investment process, and general portfolio parameters.
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Hartford Multifactor ETFs Pitchbook12/31/2019 | pdfThis Pitchbook reviews the ETFs' investment approach, investment team, investment process, portfolio statistics, top holdings, and current performance.
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Multifactor US Equity 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 US 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.
Sources for all data: Bloomberg, MSCI and Hartford Funds.
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