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Hartford Multifactor US Equity ETF
ETF
ROUS
Payout Change
Pending
Price as of:
$45.78
-0.07
-0.15%
primary theme
U.S. Large-Cap Value Equity
ROUS (ETF)
Hartford Multifactor US Equity ETF
Payout Change
Pending
Price as of:
$45.78
-0.07
-0.15%
primary theme
U.S. Large-Cap Value Equity
ROUS (ETF)
Hartford Multifactor US Equity ETF
Payout Change
Pending
Price as of:
$45.78
-0.07
-0.15%
primary theme
U.S. Large-Cap Value Equity
Name
As of 04/16/2024Price
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
4.4%
1 yr return
15.6%
3 Yr Avg Return
6.9%
5 Yr Avg Return
9.8%
Net Assets
$401 M
Holdings in Top 10
12.8%
52 WEEK LOW AND HIGH
$45.9
$38.71
$48.18
Expenses
OPERATING FEES
Expense Ratio 0.19%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 79.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/16/2024Price
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
ROUS - Profile
Distributions
- YTD Total Return 4.4%
- 3 Yr Annualized Total Return 6.9%
- 5 Yr Annualized Total Return 9.8%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.90%
- Dividend Yield 2.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameHartford Multifactor US Equity ETF
-
Fund Family NameHARTFORD FUNDS
-
Inception DateFeb 26, 2015
-
Shares Outstanding7925000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMarlene Walker-Smith
Fund Description
The Fund seeks to provide investment results that, before fees and expenses, correspond to the total return performance of the Hartford Multifactor Large Cap Index (LROLCX) (the “Index”), which seeks to enhance the return potential available from investment in the initial capitalization-weighted universe while reducing volatility by up to 15% compared to that of the capitalization-weighted universe over a complete market cycle through the Index construction process. 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 uses an optimization process to help achieve the desired composition and targeted characteristics, including reduced volatility, relative sector and size constraints, and positive value, momentum, and quality relative factor scores at the portfolio level. 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 comprised of large capitalization securities, which are defined as securities included among the 1,000 largest U.S. companies by estimated free-float market capitalization. The capitalization range of the Index was $99 million to $2.9 trillion as of December 31, 2023. The Index is expected to typically include 300-400 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 Strategies LLC (“Lattice” or the “Adviser”), 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 also may reduce some of the risks of active management, such as over concentration. 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 representing securities of the Index. The Fund may invest the remainder of its assets in certain instruments that are not 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. 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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ROUS - Performance
Return Ranking - Trailing
| Period | ROUS Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.4% | -4.9% | 13.1% | 41.90% |
| 1 Yr | 15.6% | -10.8% | 32.4% | 33.10% |
| 3 Yr | 6.9%* | -4.8% | 29.8% | 31.14% |
| 5 Yr | 9.8%* | -1.5% | 42.8% | 38.18% |
| 10 Yr | N/A* | 1.0% | 24.4% | 67.93% |
* Annualized
Return Ranking - Calendar
| Period | ROUS Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.7% | -24.9% | 46.1% | 15.00% |
| 2022 | -11.3% | -65.1% | 4.6% | 42.82% |
| 2021 | 25.4% | -44.2% | 57.5% | 10.39% |
| 2020 | 4.1% | -23.2% | 285.0% | 17.82% |
| 2019 | 21.2% | -21.4% | 48.5% | 35.19% |
Total Return Ranking - Trailing
| Period | ROUS Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.4% | -4.9% | 13.1% | 41.90% |
| 1 Yr | 15.6% | -10.8% | 32.4% | 33.10% |
| 3 Yr | 6.9%* | -4.8% | 29.8% | 31.14% |
| 5 Yr | 9.8%* | -1.5% | 42.8% | 38.18% |
| 10 Yr | N/A* | 1.0% | 24.4% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | ROUS Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.0% | -15.9% | 46.7% | 21.97% |
| 2022 | -9.6% | -42.0% | 8.5% | 82.18% |
| 2021 | 27.3% | 3.6% | 129.7% | 36.01% |
| 2020 | 6.6% | -22.6% | 304.8% | 23.32% |
| 2019 | 23.9% | -12.7% | 52.1% | 69.42% |
ROUS - Holdings
Concentration Analysis
| ROUS | Category Low | Category High | ROUS % Rank | |
|---|---|---|---|---|
| Net Assets | 401 M | 1.09 M | 163 B | 64.86% |
| Number of Holdings | 403 | 2 | 1689 | 4.74% |
| Net Assets in Top 10 | 50.8 M | 420 K | 33.9 B | 80.45% |
| Weighting of Top 10 | 12.76% | 4.8% | 99.9% | 98.02% |
Top 10 Holdings
- Broadcom Inc 1.66%
- Microsoft Corp 1.44%
- Eli Lilly Co 1.34%
- Merck Co Inc 1.28%
- JPMorgan Chase Co 1.21%
- Johnson Johnson 1.21%
- McDonald's Corp 1.19%
- Apple Inc 1.18%
- AbbVie Inc 1.13%
- Meta Platforms Inc 1.12%
Asset Allocation
| Weighting | Return Low | Return High | ROUS % Rank | |
|---|---|---|---|---|
| Stocks | 99.77% | 1.86% | 108.42% | 8.44% |
| Cash | 0.26% | -0.79% | 38.18% | 83.38% |
| Other | 0.01% | -3.53% | 39.72% | 27.82% |
| Preferred Stocks | 0.00% | 0.00% | 13.88% | 41.95% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 38.60% |
| Bonds | 0.00% | -0.71% | 73.23% | 40.22% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ROUS % Rank | |
|---|---|---|---|---|
| Technology | 22.33% | 0.00% | 54.02% | 4.42% |
| Healthcare | 15.88% | 0.00% | 30.08% | 65.22% |
| Industrials | 11.59% | 0.00% | 42.76% | 50.22% |
| Financial Services | 11.17% | 0.00% | 58.05% | 94.02% |
| Consumer Cyclical | 9.86% | 0.00% | 22.74% | 10.58% |
| Consumer Defense | 9.22% | 0.00% | 34.10% | 39.03% |
| Communication Services | 7.03% | 0.00% | 26.58% | 29.75% |
| Utilities | 4.67% | 0.00% | 27.04% | 46.75% |
| Real Estate | 3.56% | 0.00% | 90.54% | 38.25% |
| Basic Materials | 2.48% | 0.00% | 21.69% | 71.55% |
| Energy | 2.22% | 0.00% | 54.00% | 93.67% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ROUS % Rank | |
|---|---|---|---|---|
| US | 99.77% | 1.86% | 108.42% | 7.75% |
| Non US | 0.00% | 0.00% | 27.89% | 57.80% |
ROUS - Expenses
Operational Fees
| ROUS Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.19% | 0.03% | 14.82% | 96.54% |
| Management Fee | 0.19% | 0.00% | 1.50% | 4.13% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 1.19% |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| ROUS Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
| ROUS 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.
| ROUS Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 79.00% | 0.00% | 488.00% | 82.31% |
ROUS - Distributions
Dividend Yield Analysis
| ROUS | Category Low | Category High | ROUS % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.31% | 0.00% | 38.43% | 67.41% |
Dividend Distribution Analysis
| ROUS | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
| ROUS | Category Low | Category High | ROUS % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.90% | -1.51% | 4.28% | 19.38% |
Capital Gain Distribution Analysis
| ROUS | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Mar 28, 2024 | $0.155 | OrdinaryDividend |
| Dec 28, 2023 | $0.265 | OrdinaryDividend |
| Sep 29, 2023 | $0.196 | OrdinaryDividend |
| Jun 29, 2023 | $0.191 | OrdinaryDividend |
| Mar 29, 2023 | $0.188 | OrdinaryDividend |
| Dec 28, 2022 | $0.240 | OrdinaryDividend |
| Sep 30, 2022 | $0.182 | OrdinaryDividend |
| Jun 30, 2022 | $0.139 | OrdinaryDividend |
| Mar 30, 2022 | $0.174 | OrdinaryDividend |
| Dec 28, 2021 | $0.204 | OrdinaryDividend |
| Sep 30, 2021 | $0.148 | OrdinaryDividend |
| Jun 30, 2021 | $0.118 | OrdinaryDividend |
| Mar 30, 2021 | $0.138 | OrdinaryDividend |
| Dec 29, 2020 | $0.257 | OrdinaryDividend |
| Sep 30, 2020 | $0.150 | OrdinaryDividend |
| Jun 30, 2020 | $0.158 | OrdinaryDividend |
| Mar 30, 2020 | $0.141 | OrdinaryDividend |
| Dec 26, 2019 | $0.245 | OrdinaryDividend |
| Sep 27, 2019 | $0.157 | OrdinaryDividend |
| Jun 28, 2019 | $0.155 | OrdinaryDividend |
| Mar 28, 2019 | $0.157 | OrdinaryDividend |
| Dec 26, 2018 | $0.185 | OrdinaryDividend |
| Sep 26, 2018 | $0.128 | OrdinaryDividend |
| Jun 26, 2018 | $0.114 | OrdinaryDividend |
| Mar 27, 2018 | $0.099 | OrdinaryDividend |
| Dec 29, 2017 | $0.139 | OrdinaryDividend |
| Sep 28, 2017 | $0.110 | OrdinaryDividend |
| Jun 29, 2017 | $0.109 | OrdinaryDividend |
| Mar 29, 2017 | $0.124 | OrdinaryDividend |
| Dec 30, 2016 | $0.142 | OrdinaryDividend |
| Sep 29, 2016 | $0.109 | OrdinaryDividend |
| Jun 29, 2016 | $0.123 | OrdinaryDividend |
| Mar 31, 2016 | $0.137 | OrdinaryDividend |
| Dec 31, 2015 | $0.138 | OrdinaryDividend |
| Oct 01, 2015 | $0.111 | OrdinaryDividend |
| Jun 30, 2015 | $0.135 | OrdinaryDividend |
ROUS - Fund Manager Analysis
Managers
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.
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.
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.
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.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 86.59 | 8.02 | 16.42 |
