Hartford Schroders Commodity Strategy ETF
HCOM
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- One Hartford Plaza Hartford CT United States of America 6155
- IPO Date
- Sep 15, 2021
- CIK
- 0001501825
- Similar Companies
- Business
- Hartford Schroders Commodity Strategy ETF (HCOM) is an actively managed exchange-traded fund that seeks long-term total return through investments in a broad range of commodity-related derivative instruments, including futures contracts, swaps, and other commodity-linked derivatives providing exposure to energy, agriculture, metals, and related sectors; it utilizes a subsidiary structure to facilitate these investments while benchmarking performance against the Bloomberg Commodity Total Return Index. Issued by Hartford Funds Exchange-Traded Trust and sub-advised by Schroders' commodities team led by portfolio managers James Luke, Malcolm Melville, and Dravasp Jhabvala, the ETF targets institutional and retail investors seeking diversified commodity exposure without direct physical ownership. Launched on September 14, 2021, and listed on NYSE Arca, it operated from headquarters associated with Hartford Funds in Wayne, Pennsylvania, with global commodity market focus. In a significant operational change, Hartford Funds announced the termination and liquidation of HCOM on May 14, 2025, with trading ceasing on June 23, 2025, June 30 marking the formal liquidation date, and cash distributions of $14.535306 per share paid to shareholders on July 1, 2025; this followed assets under management declining to approximately $9.08 million and reflected a strategic decision amid low inflows and market conditions. Options on HCOM underwent contract adjustments for cash settlement at $1,453.53 per contract, with expirations accelerated to July 18, 2025, eliminating further trading activity. No recent partnerships, acquisitions, funding rounds, or new product launches were reported for HCOM prior to its closure, positioning it as a defunct vehicle within Hartford Funds' commodity offerings.