RODM - ETF AI Analysis

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Hartford Multifactor Developed Markets (ex-US) ETF (RODM)

Rating:66Neutral

Price Target:―

RODM, the Hartford Multifactor Developed Markets (ex-US) ETF, earns a solid overall rating driven mainly by high-quality financial and technology leaders like ASML, which benefits from strong profitability and growth initiatives, and major banks such as Royal Bank of Canada and Bank of Montreal, which show healthy earnings and attractive dividends. The fund is somewhat held back by holdings facing issues like high leverage, cash flow pressures, or overbought technical signals (for example Millicom and OCBC), and its heavy tilt toward financial institutions means performance is closely tied to the health of the global banking sector.

Positive Factors

Strong Recent Performance

The ETF has delivered solid gains so far this year and in recent months, showing positive momentum for investors.

Broad International Diversification

Holdings spread across many developed markets like Japan, Canada, Australia, the UK, and Europe help reduce reliance on any single country.

Financial Sector Strength in Top Holdings

Several leading positions are large, well-known financial institutions that have shown strong year-to-date performance, supporting the fund’s returns.

Negative Factors

Heavy Tilt Toward Financials

A large share of the portfolio is in financial companies, which can increase risk if that sector faces a downturn.

Moderate Expense Ratio

The fund’s fees are not especially low for an ETF, which can slightly reduce long-term returns compared with cheaper options.

Limited Technology Exposure

Relatively small weighting in technology stocks means the fund may not fully benefit when tech shares lead the market.

RODM vs. SPDR S&P 500 ETF (SPY)

AUM1.64B

RegionDeveloped Markets

Expense Ratio0.29%

Beta0.49

IssuerHartford

Inception DateFeb 25, 2015

Dividend Yield2.74%

Asset ClassEquity

Index TrackedHartford Risk-Optimized Multi Developed Markets Ex-US Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume57,586

30 Day Avg. Volume89,868

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

45.77

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering335

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

RODM Summary

RODM is an ETF that tracks the Hartford Risk-Optimized Multi Developed Markets Ex-US Index, giving you broad exposure to stocks in developed countries outside the U.S., such as Japan, Canada, and the UK. It owns many types of companies, with a lot in financials and industrials, including well-known names like Royal Bank of Canada and ASML Holding. Investors might use this fund to diversify beyond the U.S. and spread their money across many international sectors and sizes. A key risk is that international stock prices can go up and down with global markets and currency swings.

How much will it cost me?The Hartford Multifactor Developed Markets (ex-US) ETF (RODM) has an expense ratio of 0.29%, which means you’ll pay $2.90 per year for every $1,000 invested. This is slightly higher than average for passively managed ETFs, as it uses a multifactor strategy to optimize returns and manage risk.

What would affect this ETF?RODM’s focus on developed markets outside the U.S. could benefit from economic recovery or growth in regions like Europe and Asia, particularly in sectors such as financials and healthcare, which have significant weight in the ETF. However, challenges like rising interest rates, geopolitical tensions, or regulatory changes in these regions could negatively impact the performance of its top holdings, including companies like Nokia and Roche Holding AG. Additionally, currency fluctuations between the U.S. dollar and foreign currencies may influence returns for U.S.-based investors.

RODM Top 10 Holdings

RODM is leaning heavily on big international financials, with Canadian banks like Royal Bank of Canada and Bank of Montreal quietly powering ahead and providing a steady backbone for the fund. Asian lenders such as OCBC and BOC Hong Kong are rising even faster, giving the portfolio an extra lift from Singapore and Hong Kong. On the growth side, ASML has been a star over the longer term, though its recent trading has been a bit mixed. Overall, the ETF is broadly diversified across developed markets outside the U.S., but clearly anchored by global banking strength.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
RY	Royal Bank Of Canada	1.22%	$20.09M	$293.84B	57.98%	75 Outperform
BMO	Bank Of Montreal	1.22%	$20.00M	C$178.84B	61.30%	74 Outperform
TD	Toronto Dominion Bank	1.15%	$18.84M	$205.29B	65.68%	74 Outperform
ASML	ASML Holding	1.15%	$18.82M	$661.10B	140.32%	81 Outperform
	―	1.14%	$18.68M	―	―	―
TIGO	Millicom International Cellular SA	1.08%	$17.78M	$16.27B	125.44%	71 Outperform
2388	BOC Hong Kong (Holdings)	1.08%	$17.72M	HK$530.75B	26.60%	78 Outperform
O39	OCBC	1.03%	$16.97M	S$136.17B	70.40%	71 Outperform
GWO	Great-West Lifeco	1.03%	$16.88M	C$81.83B	72.60%	76 Outperform
BNS	Bank Of Nova Scotia	0.99%	$16.16M	C$152.83B	57.97%	77 Outperform

RODM Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

40.86

Positive

100DMA

40.38

Positive

200DMA

38.69

Positive

Market Momentum

MACD

0.36

Negative

RSI

61.23

Neutral

STOCH

75.16

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For RODM, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 41.45, equal to the 50-day MA of 40.86, and equal to the 200-day MA of 38.69, indicating a bullish trend. The MACD of 0.36 indicates Negative momentum. The RSI at 61.23 is Neutral, neither overbought nor oversold. The STOCH value of 75.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RODM.

RODM Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
RODM	―	―	$1.64B	0.29%	66 Neutral
GSIE	―	―	$6.12B	0.25%	66 Neutral
LVHI	―	―	$5.59B	0.40%	70 Neutral
IMTM	―	―	$4.27B	0.30%	69 Neutral
IDMO	―	―	$4.26B	0.25%	68 Neutral
INTF	―	―	$3.74B	0.16%	64 Neutral

Performance Comparison

RODM

Hartford Multifactor Developed Markets (ex-US) ETF

42.01

8.15

24.07%

GSIE

Goldman Sachs ActiveBeta International Equity ETF

―

LVHI

Legg Mason International Low Volatility High Dividend ETF

―

IMTM

iShares MSCI Intl Momentum Factor ETF

―

IDMO

Invesco S&P International Developed Momentum ETF

―

INTF

iShares MSCI Intl Multifactor ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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