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ETFs

Hartford Multifactor Developed Markets (ex-US) ETF

RODM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 25 2015
Expense Ratio
0.29%
Type
Global Ex. US Equities
Fund Owner
Hartford Funds
Volume (1m avg. daily)
$3,434,689
AUM
$1,514,960,000
Associated Index
Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

CNA
CNA Financial Corp.
0.79%
GSK
GSK Plc - ADR
0.78%
n/a
POUND STERLING
0.77%
NOVN
Novartis AG - Registered Shares
0.75%
SAN
Sanofi
0.75%
HSBA
HSBC Holdings plc
0.75%
ORA
Orange.
0.74%
KNIA
Kuhne & Nagel International AG - Ordinary Shares (Registered)
0.74%
NOVO B
Novo Nordisk - Ordinary Shares - Class B
0.74%
SWJ
Swisscom AG
0.72%
Invest with RODM

What is RODM?

RODM (the Fund ) offers a long-term strategy that seeks to allocate risk more efficiently and enhance return potential in international equities. The Fund is designed to improve diversification across countries and currencies and allocates capital toward companies with favorable risk/return factors. The Fund also seeks to reduce volatility when compared to traditional capitalization-weighted indexes.

ETFs related toRODM

ETFs correlated to RODM include DFAI, MFDX, AVDE

RODM
Lattice Strategies Trust - Hartford Multifactor Developed Markets (ex-US) ETF
DFAI
Dimensional ETF Trust - Dimensional International Core Equity Market ETF
MFDX
Pimco Equity Series - PIMCO RAFI Dynamic Multi-Factor International Equity ETF
AVDE
American Century ETF Trust - Avantis International Equity ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
GSIE
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta International Equity ETF
DFIC
Dimensional ETF Trust - Dimensional International Core Equity 2 ETF
DWM
WisdomTree Trust - WisdomTree International Equity Fund
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE ETF
SCHF
Schwab Strategic Trust - Schwab International Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toRODM

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with RODM using Composer

FAQ

RODM is a Global Ex. US Equities ETF. RODM (the Fund ) offers a long-term strategy that seeks to allocate risk more efficiently and enhance return potential in international equities. The Fund is designed to improve diversification across countries and currencies and allocates capital toward companies with favorable risk/return factors. The Fund also seeks to reduce volatility when compared to traditional capitalization-weighted indexes.

RODM tracks the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index.

No, RODM is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, RODM is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on RODM is 0.0109%. This is the percent change in the value of RODM over the most recent 1-month period. The 3-month return on RODM is 0.0031%. This is the percent change in the value of RODM over the most recent 3-month period.

The standard deviation of RODM for the past year is 0.1522%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to RODM include QQH, SPYI, and MOTI.

ETFs correlated to RODM include DFAI, MFDX, and AVDE.

ETFs that are inversely correlated to RODM include EFZ, EPV, and SH.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.