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Hartford Multifactor Developed Markets (ex-US) ETF
ETF
RODM
Payout Change
Pending
Price as of:
$29.52
+0.08
+0.26%
primary theme
International Large-Cap Value Equity
RODM (ETF)
Hartford Multifactor Developed Markets (ex-US) ETF
Payout Change
Pending
Price as of:
$29.52
+0.08
+0.26%
primary theme
International Large-Cap Value Equity
RODM (ETF)
Hartford Multifactor Developed Markets (ex-US) ETF
Payout Change
Pending
Price as of:
$29.52
+0.08
+0.26%
primary theme
International Large-Cap Value Equity
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
9.9%
1 yr return
16.0%
3 Yr Avg Return
3.6%
5 Yr Avg Return
4.3%
Net Assets
$1.27 B
Holdings in Top 10
9.9%
52 WEEK LOW AND HIGH
$29.4
$26.45
$30.82
Expenses
OPERATING FEES
Expense Ratio 0.29%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 44.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
RODM - Profile
Distributions
- YTD Total Return 9.9%
- 3 Yr Annualized Total Return 3.6%
- 5 Yr Annualized Total Return 4.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.37%
- Dividend Yield 4.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameHartford Multifactor Developed Markets (ex-US) ETF
-
Fund Family NameHARTFORD FUNDS
-
Inception DateFeb 26, 2015
-
Shares Outstanding56550000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerTodd Frysinger
Fund Description
The Fund seeks to provide investment results that, before fees and expenses, correspond to the total return performance of the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index (LRODMX) (the “Index”), which is designed to address risks and opportunities within developed markets located outside the U.S. The Index selects equity securities of companies domiciled within developed international equity markets that exhibit a favorable combination of factors, including valuation, momentum, and quality. The Index seeks to outperform a capitalization-weighted universe of companies located in major developed markets of Europe, Canada and the Pacific Region over a complete market cycle with up to 15% less volatility compared to that of the capitalization-weighted universe through the Index construction process. Risk-Optimized refers to the approach Lattice Strategies LLC (“Lattice” or the “Adviser”) takes in the development and management of the Index. The Index, developed by Lattice, seeks to address identified risks within its asset class. For example, country, company, and currency concentrations, valuation insensitivity, and other unmanaged risk factors may be addressed through the index management process. Risk-optimized does not mean “lower risk,” but rather refers to the deliberate and intentional re-allocation of specific risks.The Index is built with a rules-based, proprietary methodology that employs a multi-layered risk-controlled approach that seeks to address risks associated with the cap-weighted universe, accounting for size, country, liquidity and volatility risks. Specifically, the Index seeks to de-concentrate individual country and currency risks while emphasizing companies that exhibit persistent risk premium factors, including but not limited to, quality, momentum, and value. The Index’s components are risk- and factor-adjusted twice annually, with a reconstitution and rebalance occurring in March and September. The Index was established on December 31, 2013. The Index is expected to typically include 300-400 components. The components of the Index, the number of components and the degree to which these components represent certain industries, may change over time.The Adviser uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. The Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued. Indexing may eliminate the chance that the Fund will substantially outperform the Index but may also reduce some of the risks of active management, such as over concentration in countries and individual equities. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.The Fund generally invests at least 80% of its assets in securities included in the Index and in depositary receipts (such as American Depositary Receipts (“ADRs”), Global Depositary Receipts (“GDRs”) and European Depositary Receipts (“EDRs”)) representing securities included in the Index. The Fund may invest the remainder of its assets in certain derivative instruments that may not be included in the Index, cash and cash equivalents, including money market funds, as well as in securities that are not included in the Index but that the sub-adviser believes will help the Fund track the Index. To the extent that the Index concentrates (i.e., holds 25% or more of its total assets) in the securities of a particular industry or group of industries, the Fund will do so in approximately the same amount as the Index. The Fund may lend securities representing up to one-third of the value of the Fund’s total assets (including the value of the collateral received) in accordance with the Fund’s securities lending program and guidelines.The Index is sponsored by Lattice. Lattice determines the composition and relative weightings of the securities in the Index and publishes information regarding the market value of the Index. The Index is calculated and distributed by Solactive AG. Additional information on the Index can be found at hartfordfunds.com.
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RODM - Performance
Return Ranking - Trailing
| Period | RODM Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.9% | -6.7% | 20.7% | 8.88% |
| 1 Yr | 16.0% | -2.3% | 30.9% | 8.88% |
| 3 Yr | 3.6%* | -3.9% | 77.2% | 68.21% |
| 5 Yr | 4.3%* | 0.3% | 44.9% | 82.14% |
| 10 Yr | N/A* | -0.4% | 22.4% | 71.14% |
* Annualized
Return Ranking - Calendar
| Period | RODM Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 10.6% | 1.0% | 26.9% | 75.40% |
| 2022 | -17.7% | -27.8% | 166.1% | 91.23% |
| 2021 | 6.4% | -66.6% | 64.4% | 64.69% |
| 2020 | -3.6% | -17.0% | 17.3% | 73.79% |
| 2019 | 13.8% | 4.4% | 31.6% | 62.06% |
Total Return Ranking - Trailing
| Period | RODM Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.9% | -6.7% | 20.7% | 8.88% |
| 1 Yr | 16.0% | -2.3% | 30.9% | 8.88% |
| 3 Yr | 3.6%* | -3.9% | 77.2% | 68.21% |
| 5 Yr | 4.3%* | 0.3% | 44.9% | 82.14% |
| 10 Yr | N/A* | -0.4% | 22.4% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | RODM Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.7% | 5.4% | 31.0% | 70.87% |
| 2022 | -14.5% | -19.9% | 344.3% | 88.31% |
| 2021 | 11.1% | -0.2% | 75.3% | 60.07% |
| 2020 | -0.7% | -11.8% | 18.9% | 75.52% |
| 2019 | 17.2% | 11.2% | 32.1% | 64.89% |
RODM - Holdings
Concentration Analysis
| RODM | Category Low | Category High | RODM % Rank | |
|---|---|---|---|---|
| Net Assets | 1.27 B | 3.42 M | 46.7 B | 35.81% |
| Number of Holdings | 329 | 2 | 2513 | 13.55% |
| Net Assets in Top 10 | 113 M | 628 K | 13.8 B | 61.61% |
| Weighting of Top 10 | 9.87% | 6.2% | 100.0% | 98.71% |
Top 10 Holdings
- HSBC U.S. Government Money Market Fund 1.28%
- Fairfax Financial Holdings Ltd 0.99%
- Sanofi SA 0.98%
- Orange SA 0.98%
- Koninklijke Ahold Delhaize NV 0.98%
- AP Moller - Maersk A/S 0.96%
- HSBC Holdings PLC 0.95%
- Novartis AG 0.93%
- Swisscom AG 0.92%
- Cie Generale des Etablissements Michelin SCA 0.92%
Asset Allocation
| Weighting | Return Low | Return High | RODM % Rank | |
|---|---|---|---|---|
| Stocks | 98.54% | 7.74% | 104.54% | 28.06% |
| Cash | 2.55% | 0.00% | 13.78% | 40.32% |
| Preferred Stocks | 0.39% | 0.00% | 4.41% | 45.48% |
| Other | 0.01% | -0.83% | 43.33% | 47.42% |
| Convertible Bonds | 0.00% | 0.00% | 0.15% | 39.35% |
| Bonds | 0.00% | 0.00% | 81.81% | 42.58% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | RODM % Rank | |
|---|---|---|---|---|
| Financial Services | 17.60% | 0.00% | 42.76% | 71.34% |
| Industrials | 16.99% | 1.03% | 36.79% | 17.92% |
| Healthcare | 12.98% | 0.00% | 23.28% | 28.01% |
| Consumer Defense | 10.60% | 0.00% | 31.84% | 23.78% |
| Consumer Cyclical | 9.41% | 0.00% | 27.46% | 51.47% |
| Communication Services | 7.03% | 0.29% | 22.75% | 49.51% |
| Basic Materials | 6.11% | 0.00% | 30.76% | 75.24% |
| Utilities | 5.48% | 0.00% | 27.46% | 19.87% |
| Technology | 5.44% | 0.00% | 24.16% | 62.21% |
| Real Estate | 4.71% | 0.00% | 17.06% | 5.86% |
| Energy | 3.66% | 0.00% | 26.59% | 82.08% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | RODM % Rank | |
|---|---|---|---|---|
| Non US | 94.20% | 0.00% | 99.55% | 33.23% |
| US | 4.34% | 0.00% | 100.40% | 58.06% |
RODM - Expenses
Operational Fees
| RODM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.29% | 0.01% | 5.99% | 95.81% |
| Management Fee | 0.29% | 0.00% | 1.25% | 6.15% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 14.77% |
| Administrative Fee | N/A | 0.03% | 0.47% | N/A |
Sales Fees
| RODM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| RODM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| RODM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 44.00% | 2.00% | 158.16% | 53.68% |
RODM - Distributions
Dividend Yield Analysis
| RODM | Category Low | Category High | RODM % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.96% | 0.00% | 13.19% | 29.13% |
Dividend Distribution Analysis
| RODM | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| RODM | Category Low | Category High | RODM % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.37% | 0.18% | 7.85% | 14.80% |
Capital Gain Distribution Analysis
| RODM | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jun 27, 2024 | $0.584 | OrdinaryDividend |
| Dec 22, 2023 | $0.546 | OrdinaryDividend |
| Jun 26, 2023 | $0.668 | OrdinaryDividend |
| Dec 22, 2022 | $0.236 | OrdinaryDividend |
| Jun 27, 2022 | $0.709 | OrdinaryDividend |
| Dec 22, 2021 | $0.727 | OrdinaryDividend |
| Jun 25, 2021 | $0.599 | OrdinaryDividend |
| Dec 23, 2020 | $0.389 | OrdinaryDividend |
| Jun 25, 2020 | $0.410 | OrdinaryDividend |
| Dec 20, 2019 | $0.350 | OrdinaryDividend |
| Jun 25, 2019 | $0.479 | OrdinaryDividend |
| Dec 20, 2018 | $0.203 | OrdinaryDividend |
| Jun 21, 2018 | $0.321 | OrdinaryDividend |
| Dec 21, 2017 | $0.309 | OrdinaryDividend |
| Jun 23, 2017 | $0.346 | OrdinaryDividend |
| Dec 23, 2016 | $0.386 | OrdinaryDividend |
| Jun 22, 2016 | $0.377 | OrdinaryDividend |
| Dec 23, 2015 | $0.261 | OrdinaryDividend |
| Jun 24, 2015 | $0.356 | OrdinaryDividend |
RODM - Fund Manager Analysis
Managers
Todd Frysinger
Start Date
Tenure
Tenure Rank
Oct 26, 2020
1.59
1.6%
Mr. Frysinger is a vice president and senior portfolio manager at Mellon. He has been employed by Mellon or a predecessor company since 2007.
Marlene Walker-Smith
Start Date
Tenure
Tenure Rank
Oct 26, 2020
1.59
1.6%
Marlene is head of equity index portfolio management. She leads the team of equity index portfolio managers managing US and non-US equity index portfolios and is responsible for the refinement and implementation of the entire equity index portfolio management process. Previously, Marlene served as a senior portfolio manager within the equity index team and prior to joining the equity index team was an equity trader for the firm. Prior to joining the firm in 1995, Marlene was a trader for Banc One Investment Advisors Corporation and a brokerage services manager for Mid Atlantic Capital Corporation. Marlene has been in the investment industry since 1990. Marlene earned an MBA in finance from the University of Pittsburgh and a BA in history and Russian from Washington & Jefferson College.
David France
Start Date
Tenure
Tenure Rank
Oct 26, 2020
1.59
1.6%
Mr. France is a vice president and senior portfolio manager at Mellon. He has been employed by Mellon or a predecessor company since 2009.
Vlasta Sheremeta
Start Date
Tenure
Tenure Rank
Oct 26, 2020
1.59
1.6%
Ms. Sheremeta is a vice president and senior portfolio manager at Mellon. She has been employed by Mellon or a predecessor company since 2011.
Michael Stoll
Start Date
Tenure
Tenure Rank
Oct 26, 2020
1.59
1.6%
Mr. Stoll is a vice president and senior portfolio manager at Mellon. He has been employed by Mellon or a predecessor company since 2005.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.25 | 29.68 | 7.75 | 0.54 |
