Objective
Hartford Multifactor Developed Markets (ex-US) ETF ("RODM") 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 major developed markets of Europe, Canada and the Pacific Region.
Overview
Designed to provide equity exposure to developed markets (ex-US) 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
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.
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
Characteristics
ETF | MSCI World ex USA Index | |
---|---|---|
Price/Book | 1.5x | 1.9x |
Price/Earnings | 13.4x | 16.7x |
Nominal Companies | 329 | 815 |
Effective Companies | 195 | 230 |
Nominal Countries | 23 | 22 |
Effective Countries | 9 | 9 |
Debt to Equity | 107.9% | 119.3% |
Standard Deviation (5 Year)
|
16.66 |
Alpha (5 Year)
|
-1.85 |
Beta (5 Year)
|
0.92 |
R Squared (5 Year)
|
95.65 |
Sharpe Ratio (5 Year)
|
0.28 |
Information Ratio (5 Year)
|
-0.65 |
Up Capture (5 Year)
|
87.32 |
Down Capture (5 Year)
|
93.82 |
Fundamental characteristics are based on industry-standard calculation methodologies and determined by Hartford Funds.
Distribution Yield at NAV | 3.82 |
Trailing 12 Month Yield | 3.69 |
30-Day SEC Yield | 3.03 |
Unsubsidized 30-Day SEC Yield
|
3.03 |
Ticker | RODM |
CUSIP | 518416102 |
IOPV TICKER | RODM.IV |
Stock Exchange | NYSE Arca |
Close | $30.06 |
Change | $0.01 |
Change % | 0.02% |
Net Asset Value(NAV) | $29.98 |
NAV Change | $-0.18 |
NAV Change % | -0.59% |
Premium/Discount | 0.24% |
30 Day Median Bid/Ask Spread |
0.23% |
FAIRFAX FINANCIAL HLDGS LTD COMMON STOCK | 0.99 |
KONINKLIJKE AHOLD DELHAIZE N COMMON STOCK EUR.01 | 0.98 |
SANOFI COMMON STOCK EUR2.0 | 0.96 |
ORANGE COMMON STOCK EUR4.0 | 0.96 |
NOVARTIS AG REG COMMON STOCK CHF.49 | 0.94 |
HSBC HOLDINGS PLC COMMON STOCK USD.5 | 0.94 |
SWISSCOM AG REG COMMON STOCK CHF1.0 | 0.92 |
BAE SYSTEMS PLC COMMON STOCK GBP.025 | 0.92 |
NOKIA CORP SPON ADR ADR | 0.91 |
ROCHE HOLDING AG GENUSSCHEIN COMMON STOCK | 0.89 |
Total of Top Ten Holdings % | 9.41 |
ETF | MSCI World ex USA Index | |
---|---|---|
Less than $2B | 0 | 0 |
$2B - $10B | 24 | 8 |
$10B - $100B | 65 | 62 |
Greater than $100B | 11 | 30 |
Fundamental characteristics are based on industry-standard calculation methodologies and determined by Hartford Funds.
ETF |
REFERENCE INDEX | UNDERWEIGHT / OVERWEIGHT | |||||
---|---|---|---|---|---|---|---|
6/30/24 | 8/31/24 | 8/31/24 | -3 0 3 | ||||
Consumer Staples | 11 | 11 | 8 | ||||
Utilities | 5 | 5 | 3 | ||||
Health Care | 14 | 14 | 13 | ||||
Communication Services | 5 | 5 | 4 | ||||
Real Estate | 3 | 3 | 2 | ||||
Consumer Discretionary | 9 | 9 | 10 | ||||
Materials | 7 | 6 | 7 | ||||
Energy | 4 | 4 | 5 | ||||
Financials | 20 | 20 | 22 | ||||
Industrials | 15 | 14 | 16 | ||||
Information Technology | 7 | 7 | 9 |
Insights
Fund Literature