RODM - ETF AI Analysis
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Hartford Multifactor Developed Markets (ex-US) ETF (RODM)
Rating:65Neutral
Price Target:―
Positive Factors
Broad Country Diversification
The fund spreads its investments across many developed markets outside the U.S., which helps reduce the impact of problems in any single country.
Balanced Sector Mix
Holdings are spread across financials, industrials, health care, consumer sectors, and more, limiting reliance on any one part of the economy.
Solid Recent Performance Trend
The ETF has shown steady gains over the last few months, indicating improving momentum in its underlying markets.
Negative Factors
Heavy Tilt Toward Financials
A large share of the portfolio is in financial companies, which can make the fund more sensitive to banking and interest-rate risks.
Mixed Results Among Top Holdings
Some of the largest positions, including several banks and other companies, have shown weaker performance this year, which can drag on overall returns.
Moderate Expense Ratio
The fund’s fee is not especially low for a broad developed-markets ETF, which slightly reduces the net return investors keep over time.
RODM vs. SPDR S&P 500 ETF (SPY)
AUM1.47B
RegionDeveloped Markets
Expense Ratio0.29%
Beta0.51
IssuerHartford
Inception DateFeb 25, 2015
Dividend Yield2.79%
Asset ClassEquity
Index TrackedHartford Risk-Optimized Multi Developed Markets Ex-US Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume64,947
30 Day Avg. Volume100,492
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
44.37Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering336
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
RODM Summary
RODM is the Hartford Multifactor Developed Markets (ex-US) ETF, which tracks the Hartford Risk-Optimized Multi Developed Markets Ex-US Index. It invests in a wide range of companies from developed countries outside the U.S., including Japan, the UK, Canada, and more. The fund holds well-known names like Nokia, Roche, and Royal Bank of Canada, and spreads money across many sectors such as financials, industrials, and health care. Someone might invest in RODM to diversify beyond the U.S. stock market and seek long-term growth. Risk: the value can go up and down with international 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 leans heavily on financials, with Canadian banks like TD, Bank of Montreal, and Royal Bank of Canada acting as big anchors—lately more of a drag than a driver as their shares have been lagging. Offsetting that, European names are doing more of the heavy lifting: chip-equipment giant ASML has been rising despite some recent choppiness, while utilities player Engie and telecom Orange have shown steady-to-strong momentum. With holdings spread across Europe, Canada, and Asia and no single stock dominating, the fund offers broad developed-markets exposure outside the U.S.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ― | 1.17% | $17.11M | ― | ― | ― | |
| Telefonaktiebolaget LM Ericsson Class B | 1.02% | $14.90M | kr368.92B | 51.69% | 72 Outperform | |
| ORANGE SA | 1.00% | $14.68M | €46.97B | 45.53% | 65 Neutral | |
| Toronto Dominion Bank | 1.00% | $14.65M | $172.56B | 70.18% | 74 Outperform | |
| Engie SA | 1.00% | $14.62M | €73.25B | 60.34% | 64 Neutral | |
| Koninklijke Ahold Delhaize N.V. | 0.99% | $14.47M | €35.42B | 23.09% | 62 Neutral | |
| Royal Bank Of Canada | 0.98% | $14.40M | $242.36B | 50.52% | 75 Outperform | |
| GlaxoSmithKline | 0.98% | $14.33M | $117.65B | 65.86% | 77 Outperform | |
| Bank Of Montreal | 0.97% | $14.17M | C$142.33B | 57.74% | 74 Outperform | |
| ASML Holding | 0.97% | $14.14M | $567.38B | 119.60% | 81 Outperform |
RODM Technical Analysis
Positive
―
Price Trends
39.87
Positive
38.41
Positive
36.53
Positive
Market Momentum
0.48
Negative
67.70
Neutral
97.54
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 39.67, equal to the 50-day MA of 39.87, and equal to the 200-day MA of 36.53, indicating a bullish trend. The MACD of 0.48 indicates Negative momentum. The RSI at 67.70 is Neutral, neither overbought nor oversold. The STOCH value of 97.54 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
41.16
11.31
37.89%
GSIE
Goldman Sachs ActiveBeta International Equity ETF
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―
―
LVHI
Legg Mason International Low Volatility High Dividend ETF
―
―
―
IMTM
iShares MSCI Intl Momentum Factor ETF
―
―
―
IDMO
Invesco S&P International Developed Momentum ETF
―
―
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INTF
iShares MSCI Intl Multifactor ETF
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―
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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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