RODM - ETF AI Analysis

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

Rating:64Neutral

Price Target:―

The Hartford Multifactor Developed Markets (ex-US) ETF (RODM) has a solid overall rating, driven by strong contributions from holdings like Novartis AG and Fairfax Financial Holdings. Novartis stands out with its robust profitability, stable balance sheet, and growth in key products, while Fairfax Financial benefits from strong earnings and an attractive valuation. However, weaker performance from holdings like Nokia, which faces profitability and cash flow challenges, slightly offsets the fund's strengths. A key risk factor is the ETF's exposure to overbought conditions in some top holdings, which could lead to short-term volatility.

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)

AUM1.33B

RegionDeveloped Markets

Expense Ratio0.29%

Beta0.47

IssuerHartford

Inception DateFeb 25, 2015

Dividend Yield3.07%

Asset ClassEquity

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

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume76,394

30 Day Avg. Volume85,874

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

39.44

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering315

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 names like Toronto Dominion Bank and Royal Bank of Canada showing steady gains and providing a solid foundation for the fund. Health care stocks, such as Roche and GlaxoSmithKline, are rising steadily, driven by strong pipelines and strategic focus on specialty medicines. Meanwhile, industrials like Engie SA are holding their ground but face mixed sentiment due to valuation concerns. With broad exposure across developed markets outside the U.S., the fund balances sector diversity while relying on financials and health care to drive performance.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
NOK	Nokia	1.38%	$18.08M	$36.26B	41.43%	66 Neutral
ROG	Roche Holding AG	1.19%	$15.69M	CHF273.54B	46.09%	73 Outperform
ENGI	Engie SA	1.19%	$15.66M	€57.65B	48.85%	64 Neutral
GSK	GlaxoSmithKline	1.16%	$15.25M	$101.66B	55.55%	77 Outperform
TD	Toronto Dominion Bank	1.14%	$15.01M	$158.85B	69.57%	74 Outperform
RY	Royal Bank Of Canada	1.04%	$13.70M	$237.11B	41.04%	75 Outperform
NOVN	Novartis AG	1.03%	$13.51M	CHF216.66B	26.11%	80 Outperform
CNA	Centrica	1.00%	$13.09M	£8.21B	34.04%	66 Neutral
BMO	Bank Of Montreal	0.99%	$13.04M	C$131.81B	33.32%	74 Outperform
FRFHF	Fairfax Financial Holdings	0.99%	$13.01M	$44.00B	32.18%	81 Outperform

RODM Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

36.29

Positive

100DMA

35.66

Positive

200DMA

34.04

Positive

Market Momentum

MACD

0.39

Negative

RSI

67.61

Neutral

STOCH

80.77

Negative

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 37.17, equal to the 50-day MA of 36.29, and equal to the 200-day MA of 34.04, indicating a bullish trend. The MACD of 0.39 indicates Negative momentum. The RSI at 67.61 is Neutral, neither overbought nor oversold. The STOCH value of 80.77 is Negative, 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	―	―	$1.33B	0.29%	―
GSIE	―	―	$5.15B	0.25%	―
LVHI	―	―	$3.87B	0.40%	―
IMTM	―	―	$3.67B	0.30%	―
INTF	―	―	$3.03B	0.16%	―
IDMO	―	―	$2.62B	0.25%	―

Performance Comparison

RODM

Hartford Multifactor Developed Markets (ex-US) ETF

37.74

10.06

36.34%

GSIE

Goldman Sachs ActiveBeta International Equity ETF

―

LVHI

Legg Mason International Low Volatility High Dividend ETF

―

IMTM

iShares MSCI Intl Momentum Factor ETF

―

INTF

iShares MSCI Intl Multifactor ETF

―

IDMO

Invesco S&P International Developed Momentum 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.

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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