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Global International Equity etf

Hartford Multifactor Diversified International ETF    Ticker - RODE


TICKER
RODE
MORNINGSTAR RATING:
Overall, 4 stars, and 3-Year, 4 stars, rated against 317 and 317 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.
©2021 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.
overall (as of 9/30/2021)
317 PRODUCTS
Foreign Large Value Category
Based on Risk-Adjusted Returns

Key Documents
      Actions

      Effective 11/6/19, the Hartford Multifactor Diversified International Equity ETF changed its principal investment strategy and custom underlying index. See the Fund’s prospectus 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

      Performance

      PERFORMANCE %
       
      CUMULATIVE %
      (as of 9/30/2021)
      AVERAGE ANNUAL TOTAL RETURNS %
      (as of 9/30/2021)
      YTD 1YR 3YR 5YR 10YR SI 1
      Hartford Multifactor Diversified International ETF(RODE, NAV) 8.89 25.06 4.67 --- --- 5.94
      Hartford Multifactor Diversified International ETF(RODE, Market Price) 8.78 24.41 4.51 --- --- 5.88
      Underlying Index (Hartford Multifactor Diversified International Spliced Index) 9.25 25.78 4.96 --- --- ---
      Reference Index 5.90 23.92 8.03 8.94 7.48 ---
       
      CUMULATIVE %
      (as of 9/30/2021)
      AVERAGE ANNUAL TOTAL RETURNS %
      (as of 9/30/2021)
      YTD 1YR 3YR 5YR 10YR SI1
      Hartford Multifactor Diversified International ETF(RODE, NAV) 8.89 25.06 4.67 --- --- 5.94
      Hartford Multifactor Diversified International ETF(RODE, Market Price) 8.78 24.41 4.51 --- --- 5.88
      Underlying Index (Hartford Multifactor Diversified International Spliced Index) 9.25 25.78 4.96 --- --- ---
      Reference Index 5.90 23.92 8.03 8.94 7.48 ---

      SI = Since Inception. Fund Inception: 05/10/2017

      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.

      Hartford Multifactor Diversified International ETF Morningstar Ratings
      overall
      (as of 9/30/2021)
      Overall, 4 stars, and 3-Year, 4 stars, rated against 317 and 317 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.
      ©2021 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.

      317 PRODUCTS
      |
      Foreign Large Value Category
      Based on Risk-Adjusted Returns
      3 YEAR
      (as of 9/30/2021)
      Overall, 4 stars, and 3-Year, 4 stars, rated against 317 and 317 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.
      ©2021 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.

      317 PRODUCTS
      |
      Foreign Large Value Category
      Based on Risk-Adjusted Returns

      Characteristics

      KEY FACTS (as of 10/22/2021)
      Ticker RODE
      Underlying Index LRODEX
      Inception Date 05/10/2017
      Net Assets $5,806,466
      Total Operating Expenses 0.29%
      Shares Outstanding 200,000
      Distributor ALPS Distributors, Inc.
      Holdings Characteristics
      FUND MSCI ACWI ex USA Index
      Price/Book
      1.3x 2.0x
      Price/Earnings
      9.1x 13.5x
      Return on Equity
      17.7% 12.5%
      Nominal Companies
      313 2270
      Effective Companies
      201 358
      Nominal Countries
      35 49
      Effective Countries
      15 15
      Debt to Equity
      112.6% 115.5%
      Market Cap Distribution (%)

      Market Cap Header

      FUND MSCI ACWI ex USA Index

      Market Cap Header3

      Less than $2B 3 0
      $2B - $10B 33 12
      $10B - $100B 53 61
      Greater than $100B 12 26
      TRADING DETAILS (as of 10/22/2021)
      Ticker RODE
      CUSIP 518416607
      IOPV TICKER RODE.IV
      Stock Exchange Cboe BZX Exchange, Inc.
      Close ---
      Change ---
      Change % ---
      Net Asset Value(NAV) $29.03
      NAV Change $0.01
      NAV Change % 0.05%
      Premium/Discount ---
      30 Day Median Bid/Ask Spread
      ---
      Top Ten Holdings (%) (as of 10/22/2021)
      PETROCHINA CO LTD H COMMON STOCK CNY1.0 1.27
      NOVO NORDISK A/S B COMMON STOCK DKK.2 1.02
      INVESTOR AB B SHS COMMON STOCK SEK6.25 1.01
      MERCK KGAA COMMON STOCK 1.00
      ROCHE HOLDING AG GENUSSCHEIN COMMON STOCK 0.99
      KONINKLIJKE AHOLD DELHAIZE N COMMON STOCK EUR.01 0.96
      FUJITSU LTD COMMON STOCK 0.96
      SANOFI COMMON STOCK EUR2.0 0.91
      POLSKI KONCERN NAFTOWY ORLEN COMMON STOCK PLN1.25 0.89
      CHINA SHENHUA ENERGY CO H COMMON STOCK CNY1.0 0.89
      Total of Top Ten Holdings % 9.9
      Top 10 Country Allocation (%)
      Represents 67% of total country allocation
      Sector Exposure (%)

      Exposure Chart Header

      FUND
      REFERENCE INDEX UNDERWEIGHT / OVERWEIGHT

      Exposure Chart Header2

      6/30/21 9/30/21 9/30/21 -3 0 3
      Communication Services 8 9 6
      Health Care 10 11 10
      Consumer Staples 8 10 9
      Energy 5 6 5
      Real Estate 5 4 3
      Industrials 13 12 12
      Utilities 3 3 3
      Information Technology 11 12 13
      Consumer Discretionary 11 12 13
      Materials 8 6 8
      Financials 19 16 19
      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.
      distributions and capital gains
      Ex-dividend date record date payable date ordinary income short term capital gains long term capital gains total distribution
      6/25/2021 6/28/2021 6/30/2021 $0.5550 $0.0000 $0.0000 $0.5550
      12/23/2020 12/24/2020 12/29/2020 $0.4400 $0.0000 $0.0000 $0.4400
      Past distributions are not indicative of future distributions.

      Fund Literature


      09/30/2021 - PDF (276 KB)
      This Fact Sheet summarizes the ETFs investment approach, portfolio statistics, top holdings, and current performance.
      Hartford Multifactor ETFs are designed for growth and structured for resilience.
      A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
      This Pitchbook reviews the ETF's investment approach, investment team, investment process, and general portfolio parameters.
      06/30/2021 - PDF (1 MB)
      This Pitchbook reviews the ETF's investment approach, investment team, investment process, and general portfolio parameters.
      This Pitchbook reviews the ETF's investment approach, investment team, investment process, and general portfolio parameters.
      PDF (3 KB)
      An unaudited financial report, which includes a fund's financial statements. These reports are intended for shareholders and others who have reviewed the fund's prospectus.
      PDF (13 KB)
      A legal document that discloses essential information about a fund, including investment objectives, risks, fees, expenses, fund manager background and other information.
      PDF (3 KB)
      An audited financial report, which includes a fund's financial statements. These reports are intended for shareholders and others who have reviewed the fund's prospectus.
      PDF (13 KB)
      A document that supplements the fund's prospectus with additional information about the fund including its operations and risks.
      07/14/2021 - PDF (606 KB)
      How to pursue better trade execution
      06/30/2021 - PDF (542 KB)
      Exchange-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.
      06/30/2021 - PDF (1 MB)
      Hartford Multifactor Diversified International ETF attribution report.
      Important Risks: Investing involves risk, including the possible loss of principal. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • The Fund is not actively managed but rather attempts to track the performance of an index. The Fund's returns may diverge from that of the index. • Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse regulatory, political and economic developments. These risks may be greater for investments in emerging markets. • Investments focused in a particular country, region, sector or industry are subject to greater volatility and risk.
      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).
      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.

       

      223662    LAT002095

      The material on this site is for informational and educational purposes only. The material should not be considered tax or legal advice and is not to be relied on as a forecast. The material is also not a recommendation or advice regarding any particular security, strategy or product. Hartford Funds does not represent that any products or strategies discussed are appropriate for any particular investor so investors should seek their own professional advice before investing. Hartford Funds does not serve as a fiduciary. Content is current as of the publication date or date indicated, and may be superseded by subsequent market and economic conditions.

      Investing involves risk, including the possible loss of principal. Investors should carefully consider a fund's investment objectives, risks, charges and expenses. This and other important information is contained in the mutual fund, or ETF summary prospectus and/or prospectus, which can be obtained from a financial professional and should be read carefully before investing.

      Mutual funds are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA/SIPC. ETFs are distributed by ALPS Distributors, Inc. (ALPS). Advisory services may be provided by Hartford Funds Management Company, LLC (HFMC) or its wholly owned subsidiary, Lattice Strategies LLC (Lattice). Certain funds are sub-advised by Wellington Management Company LLP and/or Schroder Investment Management North America Inc. Schroder Investment Management North America Ltd. serves as a secondary sub-adviser to certain funds. Hartford Funds refers to Hartford Funds Management Group, Inc. and its subsidiaries, including HFD, HFMC, and Lattice, which are not affiliated with any sub-adviser or ALPS. The funds and other products referred to on this Site may be offered and sold only to persons in the United States and its territories.

      © Copyright 2021 Hartford Funds Management Group, Inc. All Rights Reserved. Not FDIC Insured | No Bank Guarantee | May Lose Value