Hartford US Quality Growth ETFHartford US Quality Growth ETFHartford US Quality Growth ETF

Hartford US Quality Growth ETF

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Key stats

Assets under management (AUM)
‪5.85 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
0.60%
Discount/Premium to NAV
−0.4%

About Hartford US Quality Growth ETF

Issuer
The Hartford Financial Services Group, Inc.
Brand
Hartford
Expense ratio
0.34%
Inception date
Dec 5, 2023
Index tracked
Hartford US Quality Growth Index - Benchmark TR Gross
Management style
Passive
HQGO employs an integrated multi-factor approach designed to reduce concentration risk by 5% relative to vanilla cap-weighted indices. It establishes risk parameter constraints at the company, size, and sector levels to achieve diversification. The universe begins with the 500 highest-ranking US growth stocks, determined based on a composite score derived from growth profit-to-assets ratio and five-year sales growth. The index combines value, quality, and momentum inputs to select stocks, with a particular focus on the quality aspect. These three elements also influence the weighting, along with other considerations. A rules-based, proprietary methodology is then applied, utilizing an optimization process to amplify exposure to quality while avoiding value and momentum drawbacks. Generally, the portfolio will hold 75-175 securities. Investments may also include cash and cash equivalents, as well as non-index securities considered beneficial for mirroring the index. Reconstitution and rebalancing occur in March and September.

Classification

Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Multi-factor
Weighting scheme
Multi-factor
Selection criteria
Multi-factor

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of May 23, 2024
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Retail Trade
Health Technology
Stocks99.97%
Technology Services32.51%
Electronic Technology16.86%
Retail Trade15.48%
Health Technology12.82%
Commercial Services4.75%
Energy Minerals3.83%
Distribution Services2.99%
Health Services2.10%
Consumer Non-Durables2.02%
Industrial Services1.58%
Consumer Services1.52%
Producer Manufacturing1.48%
Process Industries0.88%
Finance0.69%
Transportation0.31%
Non-Energy Minerals0.18%
Bonds, Cash & Other0.03%
Cash0.03%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows