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RODM - ETF AI Analysis
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Hartford Multifactor Developed Markets (ex-US) ETF (RODM)
Rating:64Neutral
Price Target:
$38.00
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, such as BOC Hong Kong and Toronto Dominion Bank, have delivered strong year-to-date performance, supporting the fund's overall returns.
Global Diversification
The ETF provides exposure to a wide range of developed markets, including Japan, the UK, Canada, and Australia, reducing reliance on any single country.
Low Expense Ratio
With an expense ratio of 0.29%, the ETF is cost-efficient compared to many actively managed funds, helping investors retain more of their returns.
Negative Factors
Underperformance in Recent Months
The ETF's one-month performance has been slightly negative, indicating short-term weakness that investors should monitor.
Sector Concentration in Financials
Financials make up over 22% of the portfolio, which could expose the fund to risks if the sector faces challenges.
Limited U.S. Exposure
The ETF allocates only 14.58% to U.S. companies, which may limit its ability to benefit from strong U.S. market performance.
RODM vs. SPDR S&P 500 ETF (SPY)
AUM1.27B
RegionDeveloped Markets
Expense Ratio0.29%
Beta0.51
IssuerHartford
Inception DateFeb 25, 2015
Dividend Yield3.42%
Asset ClassEquity
Index TrackedHartford Risk-Optimized Multi Developed Markets Ex-US Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume51,955
30 Day Avg. Volume69,736
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
39.16Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering323
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
RODM Summary
The Hartford Multifactor Developed Markets (ex-US) ETF (RODM) is an investment fund that focuses on stocks from developed countries outside the United States. It includes companies from industries like financials, healthcare, and technology, with top holdings such as Nokia and Roche Holding AG. This ETF uses a multifactor strategy to select stocks based on factors like value and quality, aiming to balance growth potential with risk management. Investors might consider RODM to diversify their portfolios internationally and gain exposure to a wide range of industries and countries. However, new investors should be aware that the ETF’s performance can fluctuate with global market conditions.
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
The Hartford Multifactor Developed Markets (ex-US) ETF (RODM) leans heavily on financials, with notable contributions from Toronto Dominion Bank and BOC Hong Kong, both showing steady upward momentum and benefiting from strong earnings and favorable valuations. Health care names like Roche and Novartis add stability, driven by robust pipelines and strategic initiatives, though mixed technical signals temper their impact. Meanwhile, industrials like Engie SA are lagging slightly, with revenue growth challenges holding them back. Overall, the fund’s broad exposure to developed markets ex-U.S. offers a balanced mix of growth and resilience, with financials leading the charge.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nokia | 1.62% | $20.34M | $37.69B | 44.58% | 74 Outperform | |
| GlaxoSmithKline | 1.13% | $14.26M | $93.63B | 26.47% | 77 Outperform | |
| Engie SA | 1.08% | $13.64M | €50.41B | 36.08% | 64 Neutral | |
| BOC Hong Kong (Holdings) | 1.07% | $13.41M | HK$408.11B | 36.90% | 78 Outperform | |
| Toronto Dominion Bank | 1.06% | $13.29M | $137.38B | 44.65% | 75 Outperform | |
| Centrica | 1.04% | $13.06M | £8.21B | 53.83% | 65 Neutral | |
| Bank Of Montreal | 0.99% | $12.43M | C$123.73B | 34.18% | 74 Outperform | |
| Koninklijke Ahold Delhaize N.V. | 0.98% | $12.38M | €31.07B | 15.06% | 66 Neutral | |
| ORANGE SA | 0.97% | $12.22M | €36.47B | 34.81% | 65 Neutral | |
| Royal Bank Of Canada | 0.95% | $11.99M | $204.49B | 18.37% | 75 Outperform |
RODM Technical Analysis
Neutral
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Price Trends
35.53
Negative
34.88
Positive
32.82
Positive
Market Momentum
0.06
Positive
46.85
Neutral
34.05
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For RODM, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 35.54, equal to the 50-day MA of 35.53, and equal to the 200-day MA of 32.82, indicating a neutral trend. The MACD of 0.06 indicates Positive momentum. The RSI at 46.85 is Neutral, neither overbought nor oversold. The STOCH value of 34.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for RODM.
RODM Peer Comparison
Comparison Results
Performance Comparison
RODM
Hartford Multifactor Developed Markets (ex-US) ETF
35.45
6.99
24.56%
GSIE
Goldman Sachs ActiveBeta International Equity ETF
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IMTM
iShares MSCI Intl Momentum Factor ETF
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LVHI
Legg Mason International Low Volatility High Dividend ETF
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INTF
iShares MSCI Intl Multifactor ETF
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PXF
Invesco FTSE RAFI Developed Markets ex-U.S. ETF
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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.
Disclaimer
This 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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