Hartford Multifactor Low Volatility US Equity ETF (LVUS) is an exchange-traded fund that seeks investment results, before fees and expenses, corresponding to the total return performance of the Hartford Multifactor Low Volatility US Equity Index, which tracks US-listed equity securities exhibiting low volatility characteristics with constraints on factor exposures and market-like portfolio traits. The ETF emphasizes companies with lower volatility to dampen market fluctuations, lower valuations relative to benchmarks like the Russell 1000 Index, and reduced concentrations beyond mega-cap stocks and sectors for enhanced diversification; it invests across approximately 325 nominal companies with a focus on fundamentals such as price-to-book, price-to-earnings, return on equity, and debt-to-equity metrics. Issued by Hartford Funds, a subsidiary of The Hartford Financial Services Group, Inc. founded in 1996 and headquartered in Wayne, Pennsylvania, LVUS operates within the US equity market segment targeting investors seeking steadier returns with up to 25% less volatility than capitalization-weighted US indices.
In a significant operational change, Hartford Funds announced the closure and liquidation of LVUS, with trading halted after market close on June 23, 2025, and final liquidation on or about June 30, 2025, as part of a strategic review to streamline its ETF lineup amid low assets under management. This follows prior closures of other Hartford ETFs like RORE in 2020, reflecting ongoing portfolio optimization efforts. Concurrently, Hartford Funds has expanded its offerings through recent product launches, including the Hartford Dynamic Bond ETF (DYNB) in September 2025, sub-advised by Wellington Management for multisector fixed income exposure, and the Hartford Equity Premium Income ETF (HEMI) in December 2025, its first options-overlay strategy combining US equities with S&P 500 call options for income and growth. These developments underscore Hartford Funds' partnerships with sub-advisers like Wellington Management and Schroders, alongside systematic ETF strategies leveraging proprietary risk-optimized indexing.