Hartford Multifactor Developed Etf Profile
| RODM Etf | USD 29.94 0.35 1.18% |
Performance0 of 100
| Odds Of DistressLess than 43
|
Hartford Multifactor is selling at 29.94 as of the 30th of November 2024; that is 1.18 percent increase since the beginning of the trading day. The etf's lowest day price was 29.73. Hartford Multifactor has about a 43 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Hartford Multifactor Developed are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund generally invests at least 80 percent of its assets in securities included in the index and in depositary receipts representing securities included in the index. Lattice Developed is traded on NYSEARCA Exchange in the United States. The company has 32.8 M outstanding shares of which 511.87 K shares are at this time shorted by private and institutional investors with about 16.9 trading days to cover. More on Hartford Multifactor Developed
Moving together with Hartford Etf
| 0.93 | EFV | iShares MSCI EAFE | PairCorr |
| 0.95 | FNDF | Schwab Fundamental | PairCorr |
| 0.89 | VYMI | Vanguard International | PairCorr |
| 0.93 | IDV | iShares International | PairCorr |
| 0.95 | DFIV | Dimensional International | PairCorr |
| 0.93 | IVLU | iShares Edge MSCI | PairCorr |
Moving against Hartford Etf
Hartford Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, Foreign Large Value, Hartford Mutual Funds (View all Sectors) |
| Issuer | Hartford Funds |
| Inception Date | 2015-02-25 |
| Benchmark | Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.1 Billion |
| Average Trading Valume | 74,201.2 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | Global ex-U.S. |
| Administrator | Hartford Funds Management Company, LLC |
| Advisor | Lattice Strategies, LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Richard A. Brown, Thomas J. Durante, Karen Q. Wong |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 337 |
| Market Maker | Virtu Financial |
| Total Expense | 0.29 |
| Management Fee | 0.29 |
| Country Name | USA |
| Returns Y T D | 11.5 |
| Name | Hartford Multifactor Developed Markets ETF |
| Currency Code | USD |
| Open Figi | BBG00864TJ77 |
| In Threey Volatility | 15.84 |
| 1y Volatility | 12.21 |
| 200 Day M A | 28.6799 |
| 50 Day M A | 29.8689 |
| Code | RODM |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
Hartford Multifactor Developed [RODM] is traded in USA and was established 2015-02-25. The fund is listed under Foreign Large Value category and is part of Hartford Mutual Funds family. The entity is thematically classified as Strategy ETFs. Hartford Multifactor at this time have 1.25 B in assets. , while the total return for the last 3 years was 5.0%.
Hartford Multifactor Developed currently holds about 26.5 M in cash with (8.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.81.
Check Hartford Multifactor Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Hartford Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Hartford Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Hartford Multifactor Developed Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Hartford Multifactor Currency Exposure
Hartford Multifactor Developed holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Hartford Multifactor will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Hartford Multifactor Developed.
Top Hartford Multifactor Developed Etf Constituents
| DOGEF | Orsted AS | Pink Sheet | Utilities—Renewable | |
| ICLR | ICON PLC | Stock | Health Care | |
| BSL | Blackstone Gso Senior | Fund | US Fund | |
| L | Loews Corp | Stock | Financials | |
| MRK | Merck Company | Stock | Health Care | |
| NNGPF | NN Group NV | Pink Sheet | Insurance—Diversified | |
| NVO | Novo Nordisk AS | Stock | Health Care | |
| ROG | Rogers | Stock | Information Technology |
Hartford Multifactor Top Holders
| HRATX | The Hartford Growth | Mutual Fund | Allocation--70% to 85% Equity | |
| HRACX | The Hartford Growth | Mutual Fund | Allocation--70% to 85% Equity | |
| HAFVX | Hartford Aarp Balanced | Mutual Fund | Allocation--30% to 50% Equity | |
| HAFRX | Hartford Multi Asset Income | Mutual Fund | Allocation--30% to 50% Equity | |
| HBADX | Hartford Moderate Allocation | Mutual Fund | Allocation--50% to 70% Equity | |
| HBATX | Hartford Moderate Allocation | Mutual Fund | Allocation--50% to 70% Equity | |
| HAFSX | Hartford Multi Asset Income | Mutual Fund | Allocation--30% to 50% Equity | |
| HAFDX | Hartford Multi Asset Income | Mutual Fund | Allocation--30% to 50% Equity |
Hartford Multifactor Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hartford Multifactor. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.04) |
Hartford Multifactor Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Hartford Multifactor Developed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of Hartford Multifactor is measured differently than its book value, which is the value of Hartford that is recorded on the company's balance sheet. Investors also form their own opinion of Hartford Multifactor's value that differs from its market value or its book value, called intrinsic value, which is Hartford Multifactor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hartford Multifactor's market value can be influenced by many factors that don't directly affect Hartford Multifactor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hartford Multifactor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Multifactor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Multifactor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.