VMAX - ETF AI Analysis
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Hartford US Value ETF (VMAX)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has delivered solid gains so far this year and in recent months, showing positive momentum.
Healthy Top Holdings
Many of the largest positions, including major banks, energy companies, and well-known brands, have shown strong year-to-date performance that supports the fund’s returns.
Value-Focused Diversification Across Sectors
The fund spreads its investments across several sectors such as financials, energy, health care, and technology, which helps reduce the impact if any one industry struggles.
Negative Factors
Heavy Tilt Toward Financial Stocks
With a large share of the portfolio in financial companies, the ETF is more exposed to risks specific to banks and financial markets.
High Dependence on the U.S. Market
Almost all of the fund’s assets are invested in U.S. companies, offering very limited geographic diversification.
Moderate Expense Ratio
The fund’s fees are not especially low for an ETF, which can slightly reduce long-term returns compared with cheaper alternatives.
VMAX vs. SPDR S&P 500 ETF (SPY)
AUM48.27M
RegionNorth America
Expense Ratio0.29%
Beta0.81
IssuerHartford
Inception DateDec 06, 2023
Dividend Yield1.86%
Asset ClassEquity
Index TrackedHartford US Value Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume69
30 Day Avg. Volume189
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
70.61Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering140
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
VMAX Summary
Hartford US Value ETF (VMAX) is an exchange-traded fund that follows the Hartford US Value Index, focusing on large, established U.S. companies that appear undervalued. It mainly holds financial, energy, health care, and technology stocks. Well-known names in the fund include Alphabet (Google’s parent company) and Target. Someone might invest in this ETF to seek long-term growth and income from a diversified mix of solid, blue-chip companies at reasonable prices. A key risk is that value stocks can fall out of favor and the ETF can go up and down with the overall stock market.
How much will it cost me?The Hartford US Value ETF (VMAX) has an expense ratio of 0.29%, meaning you’ll pay $2.90 per year for every $1,000 invested. This cost is slightly higher than average for passively managed ETFs because it focuses on a specific niche of large-cap value stocks, which may require more active research and management. Overall, it’s a reasonable fee for its targeted investment strategy.
What would affect this ETF?The Hartford US Value ETF (VMAX) could benefit from a stable U.S. economy and rising interest rates, which often support financial sector performance, its largest exposure. Additionally, strong demand for healthcare and technology innovations may drive growth in those sectors. However, economic slowdowns or regulatory changes in key industries like energy or financials could negatively impact the ETF's holdings, and shifts in consumer behavior might affect companies in communication services and consumer sectors.
VMAX Top 10 Holdings
VMAX is leaning heavily on big U.S. financials, with names like Bank of New York Mellon, State Street, Citigroup, and U.S. Bancorp doing most of the heavy lifting as they continue to grind higher rather than sprint. Alphabet adds a tech spark, though its recent slip shows that even AI darlings can stumble. On the defensive side, Merck and Johnson & Johnson look steady but not exactly sprinting, while Target and Macy’s provide a modest retail tailwind. Overall, this is a U.S.-centric value play, anchored in banks with a supporting cast from tech and healthcare.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Bank of New York Mellon | 2.27% | $1.09M | $98.58B | 63.38% | 75 Outperform | |
| State Street | 2.23% | $1.07M | $46.58B | 71.58% | 75 Outperform | |
| Alphabet Class A | 2.14% | $1.03M | $4.46T | 111.68% | 85 Outperform | |
| Citigroup | 2.11% | $1.01M | $245.33B | 83.56% | 68 Neutral | |
| US Bancorp | 2.09% | $1.00M | $90.25B | 33.09% | 76 Outperform | |
| Seagate Tech | 1.98% | $953.03K | $239.98B | 722.09% | 68 Neutral | |
| Merck & Company | 1.93% | $930.11K | $281.24B | 44.06% | 80 Outperform | |
| Compass | 1.79% | $861.38K | $7.58B | 63.56% | 61 Neutral | |
| Johnson & Johnson | 1.78% | $855.67K | $549.78B | 52.85% | 78 Outperform | |
| Macy's | 1.63% | $782.53K | $6.35B | 131.77% | 74 Outperform |
VMAX Technical Analysis
Positive
―
Price Trends
60.53
Positive
58.54
Positive
55.97
Positive
Market Momentum
0.60
Positive
65.03
Neutral
59.38
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For VMAX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 61.80, equal to the 50-day MA of 60.53, and equal to the 200-day MA of 55.97, indicating a bullish trend. The MACD of 0.60 indicates Positive momentum. The RSI at 65.03 is Neutral, neither overbought nor oversold. The STOCH value of 59.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for VMAX.
VMAX Peer Comparison
Comparison Results
Performance Comparison
VMAX
Hartford US Value ETF
62.65
12.88
25.88%
FLCV
Federated Hermes MDT Large Cap Value ETF
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―
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SPDV
AAM S&P 500 High Dividend Value ETF
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ITAN
Sparkline Intangible Value ETF
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―
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MAVF
Matrix Advisors Value ETF
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DHLX
Diamond Hill Large Cap Concentrated 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.
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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