ROAM

Hartford Multifactor Emerging Markets ETF

$29.35
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Hartford Multifactor Emerging Markets ETF (ROAM) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Hartford Multifactor Emerging Markets Index.

Overview

ETF tracking Hartford Multifactor Emerging Markets ETF

Issuer Other
Inception Date 2015-02-26
Market Cap $44.0M
Average Volume N/A
Dividend Yield 3.92%
52-Week Range $20.89 - $29.66
VWAP $29.39

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Hartford Multifactor Emerging Markets ETF (ROAM) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Hartford Multifactor Emerging Markets Index.

🎯 Investment Strategy

The ETF employs a multifactor investment approach, selecting and weighting emerging market stocks based on factors such as value, momentum, quality, and low volatility. The goal is to provide exposure to emerging market equities with the potential for enhanced risk-adjusted returns compared to a traditional market-cap weighted index.

✨ Key Features

  • Diversified exposure to emerging market equities
  • Utilizes a multifactor investment approach to target stocks with attractive value, momentum, quality, and low volatility characteristics
  • Aims to provide risk-adjusted returns that exceed a traditional emerging markets index
  • Relatively low expense ratio compared to many actively managed emerging markets funds

⚠️ Primary Risks

  • Emerging markets risk: Investing in developing countries may involve greater volatility and political, economic, and currency risks compared to more developed markets
  • Factor investing risk: The fund's multifactor approach may underperform the broader market at times if the targeted factors fall out of favor
  • Foreign investment risk: Investing in non-U.S. securities may be subject to currency fluctuations, political and economic uncertainty, and differences in accounting standards
  • Concentration risk: As a non-diversified fund, ROAM may be more vulnerable to movements in a particular sector or security

👤 Best For

The Hartford Multifactor Emerging Markets ETF may be suitable for long-term investors seeking diversified exposure to emerging market equities with the potential for enhanced risk-adjusted returns. Given the higher volatility and risks associated with emerging markets, this fund is best suited for investors with a higher risk tolerance and a long-term investment horizon.