- Sector
- Financial Services
- Industry
- Asset Management
- Address
- One Hartford Plaza Hartford CT United States of America 6155
- IPO Date
- Feb 27, 2015
- Business
- Hartford Multifactor Developed Markets (ex-US) ETF (RODM) is an exchange-traded fund that seeks to provide investment results that, before fees and expenses, correspond to the total return performance of the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index. The fund employs a multifactor investment approach targeting equities in developed markets outside the United States, focusing on small-, mid-, and large-cap companies exhibiting enhanced risk-adjusted return potential through factors including value, momentum, quality, and low volatility; it offers exposure to sectors such as financials, industrials, consumer discretionary, health care, and information technology. RODM is issued and managed by Hartford Funds Management Company, LLC, a subsidiary of The Hartford Financial Services Group, Inc., which is headquartered in Hartford, Connecticut, and has been providing investment management services since 2015 for this ETF.
The fund's portfolio construction systematically screens approximately 1,500 developed market equities (excluding the U.S., Canada, and emerging markets) using proprietary risk optimization to balance factor exposures while minimizing volatility relative to the broader market; it provides daily liquidity via NYSE Arca trading, with a low expense ratio supporting long-term accumulation for institutional and retail investors targeting international diversification. Geographically, RODM operates across developed regions including Europe (e.g., United Kingdom, Switzerland, Germany, France), Asia-Pacific (e.g., Japan, Australia), and select others, capturing about 4,000 holdings rebalanced semi-annually to adapt to market dynamics.
In recent developments, Hartford Funds enhanced its multifactor ETF suite in 2024 by integrating advanced ESG screening options across products including RODM, enabling investors to align with sustainable criteria without sacrificing factor performance; the firm also announced a strategic distribution partnership with leading wirehouses and RIAs in late 2024 to expand access amid rising demand for smart beta strategies. Additionally, amid market volatility from global rate shifts, RODM underwent a minor index reconstitution in Q3 2025 to bolster quality factor weighting in response to European banking sector resilience, reflecting ongoing refinements by Hartford Funds to its quantitative models. These changes position the ETF favorably for continued outperformance against traditional cap-weighted international benchmarks.