Key stats
About Hartford Multifactor Developed Markets (ex-US) ETF
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Inception date
Feb 25, 2015
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Lattice Strategies LLC
Distributor
ALPS Distributors, Inc.
ISIN
US5184161025
RODM uses an integrated multi-factor approach to provide exposure to developed markets outside the US, while attempting to minimize risks that come with a typical market-cap-weighted index. The fund selects stocks using value, momentum and quality inputs, with an emphasis on value, and aims to control the effects that one factor might have on another. These 3 factors also drive stock weighting, along with other considerations. Significant portfolio-level single-stock size limits show up as a bias to midcaps, while volatility constraints are reflected in lower beta. RODM avoids big sector bets due to sector bounds relative to cap weighting. The index is reconstituted and rebalanced semi-annually. On October 24, 2016, the fund name and index name changed to reflect Hartfords acquisition of Lattice (the former issuer and index provider). There were no changes to the investment objectives or index methodology resulting from the change.
Related funds
Classification
What's in the fund
Exposure type
Finance
Health Technology
Stock breakdown by region
Top 10 holdings
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
RODM assets under management is 1.22 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
RODM invests in stocks. See more details in our Analysis section.
RODM expense ratio is 0.29%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, RODM isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, RODM pays dividends to its holders with the dividend yield of 3.42%.
RODM shares are issued by The Hartford Insurance Group, Inc.
RODM follows the Hartford Risk-Optimized Multi Developed Markets Ex-US Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 25, 2015.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.