Effective 9/11/19, the Hartford Multifactor Emerging Markets ETF (Fund) changed its principal investment strategy and custom underlying index. See the Fund's prospectus for more information.
Objective
Hartford Multifactor Emerging Markets ETF ("ROAM") seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an index based upon the emerging markets of the world.
Overview
Designed to provide equity exposure to the 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
Rebalance twice a year in March and September and reapply the investment process annually in March to ensure the portfolio stays true to the rules-based index methodology
Performance
SI = Since Inception. Fund Inception: 02/25/2015
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 Emerging Markets Index ("Emerging Markets Index") to Hartford Multifactor Emerging Markets Equity Index ("Emerging Markets Equity Index"). The Hartford Multifactor Emerging Markets Equity Spliced Index reflects the performance of the Emerging Markets Index through 9/11/19 and the performance of the Emerging Markets Equity 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 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.
Characteristics
ETF | MSCI Emerging Markets Index | |
---|---|---|
Price/Earnings | 10.4x | 15.9x |
Return on Equity | 16.7% | 15.5% |
Nominal Companies | 308 | 1219 |
Effective Companies | 203 | 71 |
Nominal Countries | 16 | 24 |
Effective Countries | 8 | 6 |
ETF | MSCI Emerging Markets Index | |
---|---|---|
Less than $2B | 0 | 0 |
$2B - $10B | 34 | 19 |
$10B - $100B | 56 | 50 |
Greater than $100B | 10 | 31 |
Ticker | ROAM |
CUSIP | 518416201 |
IOPV TICKER | ROAM.IV |
Stock Exchange | NYSE Arca |
Close | $24.35 |
Change | $-0.43 |
Change % | -1.75% |
Net Asset Value(NAV) | $24.53 |
NAV Change | $-0.08 |
NAV Change % | -0.33% |
Premium/Discount | -0.73% |
30 Day Median Bid/Ask Spread |
0.33% |
HON HAI PRECISION INDUSTRY COMMON STOCK TWD10.0 | 1.18 |
AGRICULTURAL BANK OF CHINA H COMMON STOCK CNY1.0 | 1.12 |
CHINA CONSTRUCTION BANK H COMMON STOCK CNY1.0 | 1.11 |
IND + COMM BK OF CHINA H COMMON STOCK CNY1.0 | 1.03 |
BANK OF CHINA LTD H COMMON STOCK CNY1.0 | 1.02 |
TAIWAN SEMICONDUCTOR SP ADR ADR | 1.02 |
LENOVO GROUP LTD COMMON STOCK | 0.98 |
RADIANT OPTO ELECTRONICS COR COMMON STOCK TWD10.0 | 0.98 |
SAUDI TELECOM CO COMMON STOCK SAR10.0 | 0.96 |
COSCO SHIPPING HOLDINGS CO H COMMON STOCK CNY1.0 | 0.91 |
Total of Top Ten Holdings % | 10.31 |
ETF |
REFERENCE INDEX | UNDERWEIGHT / OVERWEIGHT | |||||
---|---|---|---|---|---|---|---|
6/30/24 | 9/30/24 | 9/30/24 | -4 0 4 | ||||
Energy | 7 | 7 | 5 | ||||
Health Care | 5 | 6 | 4 | ||||
Utilities | 5 | 5 | 3 | ||||
Financials | 22 | 23 | 23 | ||||
Information Technology | 23 | 22 | 22 | ||||
Communication Services | 9 | 9 | 9 | ||||
Industrials | 7 | 7 | 7 | ||||
Consumer Staples | 4 | 5 | 5 | ||||
Real Estate | 2 | 2 | 2 | ||||
Materials | 6 | 6 | 7 | ||||
Consumer Discretionary | 10 | 10 | 14 |
Insights
Fund Literature