VMAX

Hartford US Value ETF

$52.83
+0.00%
Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The Hartford US Value ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the MSCI USA Value Index.

Overview

ETF tracking Hartford US Value ETF

Category Value
Issuer Other
Inception Date 2023-12-06
Market Cap $46.2M
Average Volume N/A
Dividend Yield 1.89%
52-Week Range $42.03 - $53.84
VWAP $52.97

Performance

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Investment Summary

📎 Investment Objective

The Hartford US Value ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the MSCI USA Value Index.

🎯 Investment Strategy

The ETF employs a passive management (or index-tracking) strategy designed to track the performance of the MSCI USA Value Index. The index is composed of U.S. large- and mid-cap stocks exhibiting overall value style characteristics.

✨ Key Features

  • Passively managed to track the MSCI USA Value Index
  • Focuses on U.S. large- and mid-cap stocks with value characteristics
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market and economic conditions
  • Sector concentration risk: The ETF may be more susceptible to factors affecting its target sector or industry
  • Value investing risk: Value stocks may perform differently from the market as a whole and following a value-oriented investment strategy may not achieve the desired results
  • Passive investment risk: The ETF is not actively managed, so it may not perform as well as an actively managed fund in volatile markets

👤 Best For

The Hartford US Value ETF may be suitable for long-term investors seeking exposure to a diversified portfolio of U.S. value stocks as part of a broader investment strategy. Investors should be comfortable with the risks associated with value investing and passive index tracking.