Key stats
About Hartford US Quality Growth ETF
Expense ratio
0.34%
Home page
Inception date
Dec 5, 2023
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
What's in the fund
Exposure type
Technology Services
Retail Trade
Electronic Technology
Health Technology
Stock breakdown by region