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, reflecting a mix of strong and moderate-performing holdings. Key contributors include Novartis AG, which stands out for its robust profitability, stable balance sheet, and growth in key products, and BOC Hong Kong, which benefits from strong revenue growth and a favorable valuation. However, weaker holdings like Nokia, which faces margin pressures and mixed financial performance, may have slightly weighed on the fund's rating. A potential risk factor is the ETF's exposure to stocks nearing overbought conditions, 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)

AUM1.29B

RegionDeveloped Markets

Expense Ratio0.29%

Beta0.47

IssuerHartford

Inception DateFeb 25, 2015

Dividend Yield3.32%

Asset ClassEquity

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

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume82,670

30 Day Avg. Volume81,912

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

39.14

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering316

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 ETF (RODM) is leaning heavily on financials, with names like Toronto Dominion Bank and BOC Hong Kong providing steady growth and stability, though cash flow concerns for BOC Hong Kong slightly temper enthusiasm. Health care stocks like Roche and GSK are rising on strong pipelines and strategic focus, adding a dose of resilience to the fund. However, consumer-focused holdings like Koninklijke Ahold Delhaize and Orange SA are lagging, holding back broader momentum. With its developed markets focus, RODM offers a balanced mix of sectors, though financials and health care are clearly in the driver’s seat.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
NOK	Nokia	1.34%	$17.17M	$34.50B	44.68%	66 Neutral
GSK	GlaxoSmithKline	1.14%	$14.62M	$97.13B	35.21%	77 Outperform
ENGI	Engie SA	1.13%	$14.50M	€52.35B	44.60%	64 Neutral
ROG	Roche Holding AG	1.11%	$14.24M	CHF250.59B	35.86%	73 Outperform
TD	Toronto Dominion Bank	1.06%	$13.60M	$144.48B	50.31%	75 Outperform
2388	BOC Hong Kong (Holdings)	1.00%	$12.86M	HK$393.10B	64.01%	78 Outperform
BMO	Bank Of Montreal	0.98%	$12.55M	C$125.92B	31.96%	74 Outperform
AD	Koninklijke Ahold Delhaize N.V.	0.98%	$12.54M	€31.17B	9.66%	66 Neutral
RY	Royal Bank Of Canada	0.98%	$12.53M	$217.50B	23.80%	75 Outperform
ORA	ORANGE SA	0.98%	$12.51M	€37.41B	45.29%	65 Neutral

RODM Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

35.70

Positive

100DMA

35.31

Positive

200DMA

33.49

Positive

Market Momentum

MACD

0.16

Negative

RSI

60.43

Neutral

STOCH

93.04

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 35.98, equal to the 50-day MA of 35.70, and equal to the 200-day MA of 33.49, indicating a bullish trend. The MACD of 0.16 indicates Negative momentum. The RSI at 60.43 is Neutral, neither overbought nor oversold. The STOCH value of 93.04 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	―	―	$1.29B	0.29%	―
GSIE	―	―	$4.74B	0.25%	―
LVHI	―	―	$3.68B	0.40%	―
IMTM	―	―	$3.49B	0.30%	―
INTF	―	―	$2.79B	0.16%	―
PXF	―	―	$2.22B	0.43%	―

Performance Comparison

RODM

Hartford Multifactor Developed Markets (ex-US) ETF

36.48

7.66

26.58%

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

―

PXF

Invesco FTSE RAFI Developed Markets ex-U.S. 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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