Hartford Multifactor Developed Etf Profile

RODM Etf  USD 28.04  0.18  0.65%   

Performance

5 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 40

 
100  
 
Zero
Below Average
Hartford Multifactor is selling at 28.04 as of the 28th of March 2024; that is 0.65 percent up since the beginning of the trading day. The etf's lowest day price was 27.93. Hartford Multifactor has about a 40 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Hartford Multifactor Developed are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The fund generally invests at least 80 percent of its assets in securities included in the index and in depositary receipts representing securities included in the index. Lattice Developed is traded on NYSEARCA Exchange in the United States. The company has 32.8 M outstanding shares of which 511.87 K shares are at this time shorted by private and institutional investors with about 16.9 trading days to cover. More on Hartford Multifactor Developed

Moving together with Hartford Etf

  0.97EFV IShares MSCI EAFEPairCorr
  0.91FNDF Schwab FundamentalPairCorr
  0.86VYMI Vanguard InternationalPairCorr
  0.64IDV IShares InternationalPairCorr
  0.93DFIV Dimensional InternationalPairCorr
  0.87IVLU IShares Edge MSCIPairCorr

Hartford Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hartford Multifactor's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hartford Multifactor or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationBroad Equity ETFs, Strategy ETFs, Foreign Large Value, Hartford Mutual Funds (View all Sectors)
IssuerHartford Funds
Inception Date2015-02-25
BenchmarkHartford Risk-Optimized Multifactor Developed Markets (ex-US) Index
Entity TypeRegulated Investment Company
Asset Under Management1.2 Billion
Average Trading Valume301,526.7
Asset TypeEquity
CategoryBroad Equity
FocusStrategy
Market ConcentrationDeveloped Markets
RegionGlobal ex-U.S.
AdministratorHartford Funds Management Company, LLC
AdvisorLattice Strategies, LLC
CustodianState Street Bank and Trust Company
DistributorALPS Distributors, Inc.
Portfolio ManagerRichard A. Brown, Thomas J. Durante, Karen Q. Wong
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents348
Market MakerVirtu Financial
Total Expense0.29
Management Fee0.29
Country NameUSA
Returns Y T D1.6
NameHartford Multifactor Developed Markets ETF
Currency CodeUSD
Open FigiBBG00864TJ77
In Threey Volatility15.52
1y Volatility14.18
200 Day M A26.5345
50 Day M A27.3102
CodeRODM
Updated At27th of March 2024
Currency NameUS Dollar
Hartford Multifactor Developed [RODM] is traded in USA and was established 2015-02-25. The fund is listed under Foreign Large Value category and is part of Hartford Mutual Funds family. The entity is thematically classified as Broad Equity ETFs. Hartford Multifactor at this time have 1.25 B in assets. , while the total return for the last 3 years was 1.7%. Hartford Multifactor Developed currently holds about 26.5 M in cash with (8.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.81.
Check Hartford Multifactor Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Hartford Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Hartford Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Hartford Multifactor Developed Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Hartford Multifactor Currency Exposure

Hartford Multifactor Developed holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Hartford Multifactor will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Hartford Multifactor Developed.

Top Hartford Multifactor Developed Etf Constituents

DOGEFOrsted ASPink SheetUtilities—Renewable
ICLRICON PLCStockHealth Care
BSLBlackstone Gso SeniorFundUS Fund
LLoews CorpStockFinancials
MRKMerck CompanyStockHealth Care
NNGPFNN Group NVPink SheetInsurance—Diversified
NVONovo Nordisk ASStockHealth Care
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Hartford Multifactor Target Price Odds Analysis

Contingent on a normal probability distribution, the odds of Hartford Multifactor jumping above the current price in 90 days from now is about 1.99%. The Hartford Multifactor Developed probability density function shows the probability of Hartford Multifactor etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Hartford Multifactor has a beta of 0.0916 indicating as returns on the market go up, Hartford Multifactor average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hartford Multifactor Developed will be expected to be much smaller as well. Additionally, hartford Multifactor Developed has an alpha of 0.0464, implying that it can generate a 0.0464 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 28.04HorizonTargetOdds Above 28.04
97.91%90 days
 28.04 
1.99%
Based on a normal probability distribution, the odds of Hartford Multifactor to move above the current price in 90 days from now is about 1.99 (This Hartford Multifactor Developed probability density function shows the probability of Hartford Etf to fall within a particular range of prices over 90 days) .

Hartford Multifactor Top Holders

HRATXThe Hartford GrowthMutual FundAllocation--70% to 85% Equity
HRACXThe Hartford GrowthMutual FundAllocation--70% to 85% Equity
HAFVXHartford Aarp BalancedMutual FundAllocation--30% to 50% Equity
HAFRXHartford Multi Asset IncomeMutual FundAllocation--30% to 50% Equity
HBADXHartford Moderate AllocationMutual FundAllocation--50% to 70% Equity
HBATXHartford Moderate AllocationMutual FundAllocation--50% to 70% Equity
HAFSXHartford Multi Asset IncomeMutual FundAllocation--30% to 50% Equity
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Hartford Multifactor Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Hartford Multifactor market risk premium is the additional return an investor will receive from holding Hartford Multifactor long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hartford Multifactor. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Hartford Multifactor's alpha and beta are two of the key measurements used to evaluate Hartford Multifactor's performance over the market, the standard measures of volatility play an important role as well.

Hartford Multifactor Against Markets

Picking the right benchmark for Hartford Multifactor etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hartford Multifactor etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hartford Multifactor is critical whether you are bullish or bearish towards Hartford Multifactor Developed at a given time. Please also check how Hartford Multifactor's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Hartford Multifactor without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Hartford Etf?

Before investing in Hartford Multifactor, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Hartford Multifactor. To buy Hartford Multifactor etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hartford Multifactor. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Hartford Multifactor etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Hartford Multifactor Developed etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Hartford Multifactor Developed etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Hartford Multifactor Developed, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Hartford Etf please use our How to Invest in Hartford Multifactor guide.

Already Invested in Hartford Multifactor Developed?

The danger of trading Hartford Multifactor Developed is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hartford Multifactor is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hartford Multifactor. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hartford Multifactor is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Hartford Multifactor is a strong investment it is important to analyze Hartford Multifactor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hartford Multifactor's future performance. For an informed investment choice regarding Hartford Etf, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Hartford Multifactor Developed. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Hartford Multifactor information on this page should be used as a complementary analysis to other Hartford Multifactor's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Hartford Multifactor's price analysis, check to measure Hartford Multifactor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hartford Multifactor is operating at the current time. Most of Hartford Multifactor's value examination focuses on studying past and present price action to predict the probability of Hartford Multifactor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hartford Multifactor's price. Additionally, you may evaluate how the addition of Hartford Multifactor to your portfolios can decrease your overall portfolio volatility.
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The market value of Hartford Multifactor is measured differently than its book value, which is the value of Hartford that is recorded on the company's balance sheet. Investors also form their own opinion of Hartford Multifactor's value that differs from its market value or its book value, called intrinsic value, which is Hartford Multifactor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hartford Multifactor's market value can be influenced by many factors that don't directly affect Hartford Multifactor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hartford Multifactor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Multifactor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Multifactor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.