RODM - ETF AI Analysis
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Hartford Multifactor Developed Markets (ex-US) ETF (RODM)
Rating:65Neutral
Price Target:―
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)
AUM1.55B
RegionDeveloped Markets
Expense Ratio0.29%
Beta0.49
IssuerHartford
Inception DateFeb 25, 2015
Dividend Yield2.78%
Asset ClassEquity
Index TrackedHartford Risk-Optimized Multi Developed Markets Ex-US Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume86,553
30 Day Avg. Volume102,793
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
44.82Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering336
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 is all about steady strength from overseas blue chips, with a clear tilt toward financials and global champions outside the U.S. Canadian banks like Toronto-Dominion, Royal Bank of Canada, and Bank of Montreal are quietly powering the fund, helped by rising share prices and solid earnings. ASML is a standout, riding strong momentum in the semiconductor space, while Nokia and Ericsson add a tech-and-telecom flavor with mixed but improving trends. Engie and Orange are more of a mixed bag, occasionally losing steam and tempering overall gains.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ASML Holding | 1.29% | $19.92M | $696.85B | 144.88% | 81 Outperform | |
| Nokia | 1.22% | $18.84M | $76.11B | 185.16% | 66 Neutral | |
| Royal Bank Of Canada | 1.19% | $18.30M | $277.35B | 56.20% | 75 Outperform | |
| Toronto Dominion Bank | 1.16% | $17.81M | $195.83B | 65.72% | 74 Outperform | |
| ― | 1.15% | $17.74M | ― | ― | ― | |
| Bank Of Montreal | 1.15% | $17.72M | C$164.14B | 57.36% | 74 Outperform | |
| Millicom International Cellular SA | 1.06% | $16.37M | $15.43B | 148.86% | 71 Outperform | |
| BOC Hong Kong (Holdings) | 1.05% | $16.16M | HK$498.19B | 41.22% | 78 Outperform | |
| Telefonaktiebolaget LM Ericsson Class B | 1.02% | $15.71M | kr376.00B | 45.62% | 72 Outperform | |
| Great-West Lifeco | 0.98% | $15.08M | C$74.95B | 62.90% | 76 Outperform |
RODM Technical Analysis
Positive
―
Price Trends
41.01
Positive
40.25
Positive
38.01
Positive
Market Momentum
0.06
Positive
53.13
Neutral
80.09
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 41.20, equal to the 50-day MA of 41.01, and equal to the 200-day MA of 38.01, indicating a bullish trend. The MACD of 0.06 indicates Positive momentum. The RSI at 53.13 is Neutral, neither overbought nor oversold. The STOCH value of 80.09 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
Performance Comparison
RODM
Hartford Multifactor Developed Markets (ex-US) ETF
41.28
8.55
26.12%
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
―
―
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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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