Hartford Multifactor Emerging Markets ETF
ETF
ROAM
Price as of:
$23.82
+ $0.07
+ 0.30%
Primary Theme
fund company
Name
As of 11/21/2024Price
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
7.5%
1 yr return
14.0%
3 Yr Avg Return
3.6%
5 Yr Avg Return
5.3%
Net Assets
$22.5 M
Holdings in Top 10
10.8%
52 WEEK LOW AND HIGH
$23.8
$21.09
$25.92
Expenses
OPERATING FEES
Expense Ratio 0.44%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 96.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/21/2024Price
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
ROAM - Profile
Distributions
- YTD Total Return 7.5%
- 3 Yr Annualized Total Return 3.6%
- 5 Yr Annualized Total Return 5.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.89%
- Dividend Yield 1.8%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameHartford Multifactor Emerging Markets ETF
-
Fund Family NameHARTFORD FUNDS
-
Inception DateFeb 26, 2015
-
Shares Outstanding1800000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid France
Fund Description
The Fund seeks to provide investment results that, before fees and expenses, correspond to the total return performance of the Hartford Multifactor Emerging Markets Equity Index (LROEMX) (the “Index”), which is designed to balance risks and opportunities within equity markets of emerging economies while emphasizing constituents exhibiting a favorable combination of factor characteristics. The Index methodology seeks to enhance return potential available from investment in emerging market companies while reducing volatility by up to 15% compared to that of a capitalization-weighted universe of emerging market companies over a complete market cycle through the Index construction process.The Index is comprised of securities of issuers located in emerging markets. The Index methodology seeks to enhance return potential through multifactor stock selection while applying a comprehensive risk framework to overall Index construction. The rules-based, proprietary methodology utilizes an optimization process to help achieve the desired composition and targeted characteristics, including reduced volatility, relative sector, country and size constraints and positive value, momentum, and quality relative factor scores at the portfolio level. Each equity security must be within the top 85% of the applicable country’s market capitalization and have an average daily trading volume with an equivalent value of $1 million or more. As of December 31, 2023, the approximate market capitalization range of components of the Index was $784 million to $539 billion. The Index’s components are adjusted twice annually, with a reconstitution and rebalance occurring in March and September. The Index was established on June 28, 2019. The Index is expected to typically include 250-350 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 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.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 individual countries or securities. 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 of the Index and in depositary receipts (such as American Depositary Receipts (“ADRs”), Global Depositary Receipts (“GDRs”) and European Depositary Receipts (“EDRs”)) representing securities of 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. Emerging markets are considered to be those countries with economies exhibiting growing liquidity, increasing stability and infrastructure which are not yet considered to be developed markets. 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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ROAM - Performance
Return Ranking - Trailing
| Period | ROAM Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.5% | -12.0% | 35.3% | 57.22% |
| 1 Yr | 14.0% | -8.0% | 38.4% | 30.31% |
| 3 Yr | 3.6%* | -13.4% | 11.2% | 6.02% |
| 5 Yr | 5.3%* | -5.3% | 11.8% | 22.60% |
| 10 Yr | N/A* | -2.1% | 6.3% | 64.23% |
* Annualized
Return Ranking - Calendar
| Period | ROAM Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 14.8% | -6.5% | 35.5% | 13.68% |
| 2022 | -19.0% | -50.1% | -2.4% | 13.68% |
| 2021 | 4.9% | -33.1% | 22.5% | 10.94% |
| 2020 | -1.1% | -22.1% | 80.1% | 95.01% |
| 2019 | 5.1% | -0.7% | 42.0% | 97.50% |
Total Return Ranking - Trailing
| Period | ROAM Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.5% | -12.0% | 35.3% | 57.22% |
| 1 Yr | 14.0% | -8.0% | 38.4% | 30.31% |
| 3 Yr | 3.6%* | -13.4% | 11.2% | 6.02% |
| 5 Yr | 5.3%* | -5.3% | 11.8% | 22.60% |
| 10 Yr | N/A* | -2.1% | 6.3% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | ROAM Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 21.3% | -2.7% | 42.0% | 8.60% |
| 2022 | -14.8% | -42.2% | 1.9% | 9.17% |
| 2021 | 9.3% | -32.5% | 33.1% | 13.10% |
| 2020 | 2.2% | -20.0% | 81.6% | 94.69% |
| 2019 | 8.9% | 2.3% | 42.0% | 98.17% |
ROAM - Holdings
Concentration Analysis
| ROAM | Category Low | Category High | ROAM % Rank | |
|---|---|---|---|---|
| Net Assets | 22.5 M | 682 K | 103 B | 90.99% |
| Number of Holdings | 328 | 9 | 7534 | 19.44% |
| Net Assets in Top 10 | 2.87 M | 290 K | 23.8 B | 95.63% |
| Weighting of Top 10 | 10.78% | 2.9% | 101.1% | 98.17% |
Top 10 Holdings
- Hon Hai Precision Industry Co Ltd 1.59%
- COSCO SHIPPING Holdings Co Ltd 1.25%
- Lenovo Group Ltd 1.14%
- China Construction Bank Corp 1.05%
- Industrial Commercial Bank of China Ltd 1.00%
- Samsung Electronics Co Ltd 0.98%
- Bank of China Ltd 0.96%
- Powszechny Zaklad Ubezpieczen SA 0.94%
- ASE Technology Holding Co Ltd 0.94%
- Kia Corp 0.93%
Asset Allocation
| Weighting | Return Low | Return High | ROAM % Rank | |
|---|---|---|---|---|
| Stocks | 96.97% | 0.00% | 107.82% | 55.21% |
| Preferred Stocks | 2.78% | 0.00% | 13.31% | 13.10% |
| Cash | 0.34% | -2.03% | 98.08% | 87.46% |
| Convertible Bonds | 0.00% | 0.00% | 7.40% | 34.04% |
| Bonds | 0.00% | 0.00% | 88.10% | 39.58% |
| Other | -0.01% | -1.11% | 26.93% | 97.75% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ROAM % Rank | |
|---|---|---|---|---|
| Technology | 20.95% | 0.00% | 47.50% | 59.63% |
| Financial Services | 18.60% | 0.00% | 48.86% | 69.19% |
| Consumer Cyclical | 12.62% | 0.00% | 48.94% | 41.37% |
| Communication Services | 12.14% | 0.00% | 39.29% | 14.84% |
| Basic Materials | 7.53% | 0.00% | 30.03% | 55.92% |
| Energy | 7.39% | 0.00% | 24.80% | 12.55% |
| Consumer Defense | 6.72% | 0.00% | 25.90% | 37.95% |
| Utilities | 4.38% | 0.00% | 39.12% | 7.99% |
| Healthcare | 3.95% | 0.00% | 16.53% | 49.93% |
| Industrials | 3.71% | 0.00% | 43.53% | 83.02% |
| Real Estate | 2.00% | 0.00% | 17.15% | 39.09% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ROAM % Rank | |
|---|---|---|---|---|
| Non US | 92.20% | 0.00% | 100.18% | 26.20% |
| US | 4.77% | 0.00% | 100.95% | 75.63% |
ROAM - Expenses
Operational Fees
| ROAM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.44% | 0.03% | 29.98% | 92.94% |
| Management Fee | 0.44% | 0.00% | 2.00% | 8.46% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 4.30% |
| Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
| ROAM 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% | 5.00% | N/A |
Trading Fees
| ROAM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 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.
| ROAM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 96.00% | 0.00% | 189.00% | 87.35% |
ROAM - Distributions
Dividend Yield Analysis
| ROAM | Category Low | Category High | ROAM % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.75% | 0.00% | 9.74% | 3.94% |
Dividend Distribution Analysis
| ROAM | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| ROAM | Category Low | Category High | ROAM % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.89% | -1.98% | 17.62% | 7.02% |
Capital Gain Distribution Analysis
| ROAM | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jun 27, 2024 | $0.209 | OrdinaryDividend |
| Dec 22, 2023 | $0.859 | OrdinaryDividend |
| Jun 26, 2023 | $0.349 | OrdinaryDividend |
| Dec 22, 2022 | $0.704 | OrdinaryDividend |
| Jun 27, 2022 | $0.316 | OrdinaryDividend |
| Dec 22, 2021 | $0.704 | OrdinaryDividend |
| Jun 25, 2021 | $0.312 | OrdinaryDividend |
| Dec 23, 2020 | $0.417 | OrdinaryDividend |
| Jun 25, 2020 | $0.280 | OrdinaryDividend |
| Dec 20, 2019 | $0.562 | OrdinaryDividend |
| Jun 25, 2019 | $0.262 | OrdinaryDividend |
| Dec 20, 2018 | $0.345 | OrdinaryDividend |
| Jun 21, 2018 | $0.216 | OrdinaryDividend |
| Dec 21, 2017 | $0.256 | OrdinaryDividend |
| Jun 23, 2017 | $0.219 | OrdinaryDividend |
| Dec 23, 2016 | $0.183 | OrdinaryDividend |
| Jun 22, 2016 | $0.206 | OrdinaryDividend |
| Dec 23, 2015 | $0.218 | OrdinaryDividend |
| Jun 24, 2015 | $0.210 | OrdinaryDividend |
ROAM - Fund Manager Analysis
Managers
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.
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.
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.
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.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 33.71 | 6.65 | 13.42 |