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RODM - ETF AI Analysis

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RODM

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

Rating:66Neutral
Price Target:
RODM’s rating suggests it is a solid but not top-tier developed markets (ex-US) ETF, supported by strong financial institutions like BOC Hong Kong and Royal Bank of Canada, which bring robust profitability, healthy balance sheets, and positive momentum to the portfolio. Banks such as Toronto Dominion and Bank of Montreal further strengthen the fund with resilient earnings and strategic growth in digital and AI, while weaker spots like Nokia and Orange, which face revenue, margin, and cash flow pressures, modestly weigh on the overall quality. The main risk factor is the fund’s notable concentration in financials and a few telecom/technology names, which could increase sensitivity to sector-specific downturns.
Positive Factors
Solid Recent Performance
The ETF has shown strong gains so far this year and in recent months, suggesting positive momentum in its strategy.
Broad International Diversification
Holdings spread across many developed countries outside the U.S., including Japan, Canada, Australia, and Europe, help reduce reliance on any single market.
Strong Top Holdings
Most of the largest positions, including major banks and global companies like ASML, have delivered strong year-to-date performance that supports the fund’s returns.
Negative Factors
Financial Sector Heavy Weight
A large portion of the portfolio is in financial companies, which can hurt the fund if that sector faces stress or tighter regulations.
Moderate Expense Ratio
The fund’s fees are not especially low for an ETF, which slightly reduces the net return investors keep over time.
Concentration in a Few Countries
Significant exposure to a handful of markets like Japan, the U.S., Canada, and Australia means the fund is still sensitive to economic or political issues in those countries.

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

RODM Summary

Hartford Multifactor Developed Markets (ex-US) ETF (RODM) tracks the Hartford Risk-Optimized Multi Developed Markets Ex-US Index, giving you broad stock exposure to developed countries outside the U.S., such as Japan, Canada, and the UK. It holds many types of companies, including big banks like Toronto-Dominion Bank and Royal Bank of Canada, plus global tech name ASML. Investors might consider RODM to diversify beyond the U.S. and spread risk across many sectors and countries in one fund. 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’s story right now is all about steady strength from big non-U.S. financials and a few standout industrial and tech names. Canadian banks like Toronto-Dominion, Bank of Montreal, and Royal Bank of Canada are rising and quietly steering performance, while BOC Hong Kong adds another lift from Asia. On the industrial and telecom side, Ericsson and Orange have been climbing, and ASML has been a powerful tech engine. With no single stock dominating and exposure spread across developed markets outside the U.S., the fund feels more like a balanced international convoy than a one-stock rocket ship.
Name
Company Name
Weight %
Market Value
Market Cap
Yearly Gain
Overall Rating
Nokia1.19%$18.03M$76.16B155.06%
66
Neutral
1.11%$16.79M
Toronto Dominion Bank1.06%$16.06M$184.80B69.16%
74
Outperform
Royal Bank Of Canada1.06%$16.02M$261.27B48.80%
75
Outperform
Telefonaktiebolaget LM Ericsson Class B1.06%$16.02Mkr400.77B41.00%
72
Outperform
ASML Holding1.05%$15.88M$592.06B110.28%
81
Outperform
Bank Of Montreal1.04%$15.70MC$153.12B52.65%
74
Outperform
BOC Hong Kong (Holdings)1.01%$15.29MHK$498.61B47.81%
78
Outperform
ORANGE SA1.01%$15.25M€49.52B41.37%
65
Neutral
Engie SA0.94%$14.15M€69.11B45.10%
64
Neutral

RODM Technical Analysis

Technical Analysis Sentiment
Positive
Last Price
Price Trends
50DMA
40.31
Positive
100DMA
39.66
Positive
200DMA
37.48
Positive
Market Momentum
MACD
0.26
Negative
RSI
59.19
Neutral
STOCH
79.73
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 41.02, equal to the 50-day MA of 40.31, and equal to the 200-day MA of 37.48, indicating a bullish trend. The MACD of 0.26 indicates Negative momentum. The RSI at 59.19 is Neutral, neither overbought nor oversold. The STOCH value of 79.73 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
$1.54B0.29%
66
Neutral
$5.65B0.25%
65
Neutral
$4.92B0.40%
70
Outperform
$3.93B0.30%
68
Neutral
$3.67B0.25%
68
Neutral
$3.41B0.16%
64
Neutral
Performance Comparison
Ticker
Company Name
Price
Change
% Change
RODM
Hartford Multifactor Developed Markets (ex-US) ETF
41.54
9.04
27.82%
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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