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Trending ETFs

Name

As of 07/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$47.33

$5.55 M

1.80%

$0.85

0.29%

Vitals

YTD Return

13.0%

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$5.55 M

Holdings in Top 10

18.3%

52 WEEK LOW AND HIGH

$47.2
$39.51
$47.56

Expenses

OPERATING FEES

Expense Ratio 0.29%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 07/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$47.33

$5.55 M

1.80%

$0.85

0.29%

VMAX - Profile

Distributions

  • YTD Total Return 13.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Hartford US Value ETF
  • Fund Family Name
    HARTFORD FUNDS
  • Inception Date
    Dec 06, 2023
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Fund seeks to provide investment results that, before fees and expenses, correspond to the total return performance of the Hartford US Value Index (LVMAXX) (the “Index”), which seeks to provide long-term capital appreciation by investing in US equities with favorable value characteristics and relatively lower market valuations. The Index methodology seeks to enhance return potential through factor security selection while applying a comprehensive risk framework to overall Index construction. The rules-based, proprietary methodology uses an optimization process to help maximize exposure to value while avoiding negative exposure to quality and momentum and controlling for sector and size at the portfolio level. A company’s value score is determined by equally weighting the following valuation metrics: Earnings Yield, EBITDA/Enterprise Value (EV), Cash Flow/EV, Revenue/EV, Dividend Yield, and Book Value (used only in financials and real estate as a replacement to EBITDA/EV). Generally, a company is determined to be a “value” company if its value score is higher than the average score in the Fund’s investment universe. The Index’s components are adjusted twice annually, with a reconstitution and rebalance occurring in March and September. The Index was established on December 31, 2022. The Index is comprised of large capitalization securities, which are defined as securities included among the 1,000 largest US companies by estimated free-float market capitalization. The capitalization range of the Index was $3.2 billion to $2.7 trillion as of September 30, 2023. The Index is expected to typically include 125-225 components. The components of the Index, the number of components and the degree to which these components represent certain industries, may change over time. The Index, developed by Lattice Strategies LLC (“Lattice” or the “Adviser”), seeks to address identified risks within its asset class. For example, country, company, and currency concentrations, valuation insensitivity, and other unmanaged risk factors may be addressed through the index management process.The Adviser uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. The Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued. Indexing may eliminate the chance that the Fund will substantially outperform the Index but also may reduce some of the risks of active management, such as over concentration. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies.The Fund generally invests at least 80% of its assets in securities of the Index and in depositary receipts representing securities of the Index. The Fund may invest the remainder of its assets in certain instruments that are not included in the Index, cash and cash equivalents, including money market funds, as well as in securities that are not included in the Index, but that the sub-adviser believes will help the Fund track the Index. To the extent that the Index concentrates (i.e., holds 25% or more of its total assets) in the securities of a particular industry or group of industries, the Fund will do so in approximately the same amount as the Index.The Index is sponsored by Lattice. Lattice determines the composition and relative weightings of the securities in the Index and publishes information regarding the market value of the Index. The Index is the property of Lattice, which has contracted with S&P Opco LLC (a subsidiary of S&P Dow Jones Indices LLC) to calculate and maintain the Index. The Index is not sponsored by S&P Dow Jones Indices or its affiliates or its third-party licensors and none of those parties will be liable for any errors or omissions in calculating the Index. Additional information on the Index can be found at hartfordfunds.com.
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VMAX - Performance

Return Ranking - Trailing

Period VMAX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.0% N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period VMAX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period VMAX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.0% N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period VMAX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

VMAX - Holdings

Concentration Analysis

VMAX Category Low Category High VMAX % Rank
Net Assets 5.55 M N/A N/A N/A
Number of Holdings 171 N/A N/A N/A
Net Assets in Top 10 1.09 M N/A N/A N/A
Weighting of Top 10 18.28% N/A N/A N/A

Top 10 Holdings

  1. Citigroup Inc 2.12%
  2. Marathon Petroleum Corp 2.09%
  3. CVS Health Corp 1.98%
  4. Valero Energy Corp 1.81%
  5. Vistra Corp 1.78%
  6. JPMorgan Chase Co 1.75%
  7. Verizon Communications Inc 1.73%
  8. Dell Technologies Inc 1.71%
  9. Bank of America Corp 1.66%
  10. EOG Resources Inc 1.65%

Asset Allocation

Weighting Return Low Return High VMAX % Rank
Stocks
99.80% N/A N/A N/A
Cash
0.43% N/A N/A N/A
Preferred Stocks
0.00% N/A N/A N/A
Other
0.00% N/A N/A N/A
Convertible Bonds
0.00% N/A N/A N/A
Bonds
0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High VMAX % Rank
Utilities
0.00% N/A N/A N/A
Technology
0.00% N/A N/A N/A
Real Estate
0.00% N/A N/A N/A
Industrials
0.00% N/A N/A N/A
Healthcare
0.00% N/A N/A N/A
Financial Services
0.00% N/A N/A N/A
Energy
0.00% N/A N/A N/A
Communication Services
0.00% N/A N/A N/A
Consumer Defense
0.00% N/A N/A N/A
Consumer Cyclical
0.00% N/A N/A N/A
Basic Materials
0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High VMAX % Rank
US
99.80% N/A N/A N/A
Non US
0.00% N/A N/A N/A

VMAX - Expenses

Operational Fees

VMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.29% N/A N/A N/A
Management Fee 0.29% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

VMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

VMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

VMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

VMAX - Distributions

Dividend Yield Analysis

VMAX Category Low Category High VMAX % Rank
Dividend Yield 1.80% N/A N/A N/A

Dividend Distribution Analysis

VMAX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly

Net Income Ratio Analysis

VMAX Category Low Category High VMAX % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

VMAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

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VMAX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A