RODM

Hartford Multifactor Developed Markets (ex-US) ETF

$36.31

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Hartford Multifactor Developed Markets (ex-US) ETF (RODM) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the MSCI World ex USA Multifactor Index.

Overview

ETF tracking Hartford Multifactor Developed Markets (ex-US) ETF

Category International

Issuer Other

Inception Date 2015-02-26

Market Cap $1.3B

Average Volume N/A

Dividend Yield 3.34%

52-Week Range $28.07 - $36.49

VWAP $36.32

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF employs a passive management (or index-tracking) strategy designed to track the performance of the MSCI World ex USA Multifactor Index. The index is designed to represent the performance of a strategy that seeks to increase exposure to four factors - value, momentum, quality, and low size - which historically have been associated with higher returns.

✨ Key Features

Provides exposure to developed international equity markets, excluding the United States
Utilizes a multifactor approach to target stocks with attractive value, momentum, quality, and low size characteristics
Passively managed to track the MSCI World ex USA Multifactor Index
Relatively low expense ratio of 0.00%

⚠️ Primary Risks

Exposure to international markets, which may be subject to greater volatility and political, economic, and currency risks
Concentration in certain factors, which may underperform the broader market at times
Tracking error risk, as the fund may not perfectly replicate the performance of the underlying index
Liquidity risk, as the fund may have difficulty trading certain securities

👤 Best For

The Hartford Multifactor Developed Markets (ex-US) ETF may be suitable for investors seeking broad exposure to developed international equity markets with a focus on factors that have historically been associated with higher returns. It may be appropriate as a core international equity holding or as part of a diversified portfolio.