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Is Hartford Multifactor Developed Markets (ex-US) ETF (RODM) a Strong ETF Right Now?
ZACKSยท2025-08-26 11:21

Core Insights - The Hartford Multifactor Developed Markets (ex-US) ETF (RODM) debuted on February 25, 2015, and provides broad exposure to the Foreign Large Value ETF category [1] Fund Overview - RODM has accumulated over $1.22 billion in assets, making it one of the larger ETFs in the Foreign Large Value category [5] - The fund is managed by Hartfordfunds and aims to match the performance of the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index [5] - The index seeks to reduce concentration risks related to country, currency, and individual companies in developed markets outside the US [5] Cost Structure - RODM has an annual operating expense ratio of 0.29%, making it one of the cheaper options in its category [6] - The fund offers a 12-month trailing dividend yield of 3.44% [6] Holdings and Sector Exposure - The top holding, Orange Common Stock Eur4.0 (ORA), constitutes approximately 1.12% of the fund's total assets, followed by Heidelberg Materials Ag Common Stock (HEI) and Fairfax Financial Hldgs Ltd Common Stock (FFH) [7] - The top 10 holdings account for about 10.1% of total assets under management [8] Performance Metrics - As of August 26, 2025, RODM has increased by approximately 26.23% and is up about 21.41% year-to-date [9] - The ETF has traded between $28.07 and $35.70 over the past 52 weeks [9] - RODM has a beta of 0.71 and a standard deviation of 13.47% over the trailing three-year period, indicating a medium risk profile [10] Alternatives and Market Position - RODM is positioned as a viable option for investors looking to outperform the Foreign Large Value ETF segment [11] - Other ETFs in the space include Vanguard International High Dividend Yield ETF (VYMI) with $11.87 billion in assets and Schwab Fundamental International Equity ETF (FNDF) with $17.37 billion [12] - VYMI has an expense ratio of 0.17%, while FNDF has an expense ratio of 0.25% [12]