At a glance
RODM charges 0.29% a year, above the 0.13% average of the 7 funds most like it (the 6th cheapest of 8). It has $1.63B in assets, the 8th largest of that group; it paid 2.73% of its price in distributions over the past 12 months, semiannual. Over the past year it returned +20.9% with distributions reinvested (S&P 500: +11.5%), 2nd of those 8 funds; over three years it returned +24.5% a year. At its worst it fell 34.8% in the 2020 crash (S&P 500: 33.7%) and 27.4% in the 2022 bear market (S&P 500: 24.5%), and was back at its earlier high 9 months and 19 months after the lows. Its ten largest positions make up 11.1% of the fund, out of 336 in all.
The short version
Hartford Multifactor Developed Markets (ex-US) ETF (RODM) is an index fund. As of July 31, 2026, it held 336 stocks from developed markets outside the US, picked for value, momentum and quality. Lattice Strategies built its index to beat a size-weighted universe over a full market cycle with up to 15% less volatility. Its fee is 0.29% a year, far above the 0.03% charged by VEA or SPDW.
Price history
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RODM +20.9% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| RODM official prospectus, to Dec 31, 2024 | — | +8.07% | — | +3.45% | — | +4.75% |
| RODM price data to Oct 27, 2026 | +15.9% | +20.9% | +24.5% | +10.8% | +9.4% | +8.0% |
- Over the year to Oct 27, 2026, RODM returned +20.9%, 2nd of 8 among similar funds.
- Its 5-year annualized return was +10.8% and its 10-year +9.4%.
- In the 2020 COVID crash it fell 34.8% and regained its old high 9.2 months after the low.
- Its worst full calendar year was 2022 (-14.5%); its best was 2025 (+34.4%).
- The deepest fall in its price history was 36% (Jan 17, 2020 to Mar 23, 2020), recovered by Jan 6, 2021.
Show as a table
| Year | Price data | Prospectus (official) |
|---|---|---|
| 2026 (to date) | +15.9% | — |
| 2025 | +34.4% | — |
| 2024 | +8.0% | +8.07% |
| 2023 | +15.8% | +15.77% |
| 2022 | -14.5% | -14.37% |
| 2021 | +11.1% | +10.82% |
| 2020 | -0.7% | -0.22% |
| 2019 | +17.2% | +17.10% |
| 2018 | -10.0% | -9.74% |
| 2017 | +25.2% | +25.75% |
| 2016 | +3.9% | +3.25% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 34.8% over that stretch · deepest drop along the way 34.8%, back to its old high 9.2 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 26.6% over that stretch · deepest drop along the way 27.4%, back to its old high 18.8 months after the low |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2026 (to date) | $0.6400 | |
| 2025 | $1.1400 | -1.7% |
| 2024 | $1.1600 | -4.9% |
| 2023 | $1.2200 | +28.4% |
| 2022 | $0.9500 | -28.6% |
| 2021 | $1.3300 | +66.3% |
| 2020 | $0.8000 | -3.6% |
| 2019 | $0.8300 | +59.6% |
| 2018 | $0.5200 | -21.2% |
| 2017 | $0.6600 | -14.3% |
| 2016 | $0.7700 |
What's inside
As of Jul 31, 2026, the fund held 336 securities; the ten largest made up 11.09% of assets.
| Holding | Weight | |
|---|---|---|
| Royal Bank of Canada | 1.22% | |
| Bank of Montreal | 1.21% | |
| Equinor ASA | 1.19% | |
| Toronto-Dominion Bank | 1.14% | |
| BOC Hong Kong Holdings Ltd | 1.13% | |
| ASML Holding NV | 1.08% | |
| Millicom International Cellular SA | 1.08% | |
| Great-West Lifeco Inc | 1.05% | |
| Oversea-Chinese Banking Corp Ltd | 1.00% | |
| Bank of Nova Scotia | 0.98% | |
| Roche Holding AG | 0.90% | |
| Engie SA | 0.89% | |
| Novartis AG | 0.88% | |
| Woolworths Group Ltd | 0.87% | |
| GSK PLC | 0.85% |
By country
Japan 19.6%Canada 18.69%Australia 9.09%United Kingdom 7.93%France 4.84%By asset type
Stocks 99.35%Preferred stock 0.14%What changed recently
- Over the three months to Jul 31, 2026, investors added a net $118.4M (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: +1.22%, -1.20%, +3.26%.
How it works
The fund tracks the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index. Lattice Strategies, the fund's adviser, designed the index, and Solactive AG calculates it. The fund is passive. It doesn't try to beat the index, and it doesn't move to cash when markets fall. The index picks companies in developed markets in Europe, Canada and the Pacific region that score well on factors, meaning traits linked with long-run returns. These include value (a low price relative to the business), momentum (shares that have been rising) and quality (financially sound companies).
The index doesn't simply weight companies by size. Its rules adjust for size, country, liquidity and volatility, and they try to spread out country and currency risk. The prospectus says "risk-optimized" does not mean lower risk. It means risks are deliberately reallocated. As of July 31, 2026, the 10 largest holdings made up just 11.09% of the fund. Japan was 19.6% and Canada 18.69%.
The index is rebalanced every March and September. Portfolio turnover was 25%. The fund keeps at least 80% of its assets in index stocks or depositary receipts, which are certificates that trade in place of foreign shares. It may hold small futures positions and cash. Returns are counted in US dollars, so changes in foreign currencies can help or hurt.
What it really costs
- RODM charges 0.29% a year, versus an average of 0.13% for the similar funds below (6th of 8, cheapest first).
- Using the prospectus's standard example, $10,000 invested would cost about $30 in the first year and $368 over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| RODM | $30 | $93 | $163 | $368 |
In a retirement portfolio
It adds stocks from developed markets outside the US, with Japan, Canada and Australia making up the largest shares, to a portfolio that may hold mostly US companies.
RODM can spread a stock portfolio beyond the US. But it is still a stock fund, and it has fallen hard. In the 2020 COVID crash it dropped 34.8%, then recovered by December 29, 2020, about nine months later. In 2022 it fell 27.4% and took 18.8 months to recover, which it did on May 6, 2024. Its worst calendar year was 2022, at -14.37%. Anyone who had to sell during those stretches would have locked in losses, so cash or bonds held elsewhere can matter. The trailing 12-month yield was 2.73% as of October 27, 2026. Dividends are paid only twice a year. On the SEC's $10,000 example, costs come to $368 over 10 years. Past results don't predict the future, and a plan should look at the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors seeking non-US developed-market stocks chosen by Hartford's Risk-Optimized Multifactor index for value, momentum and quality, across 336 holdings (July 31, 2026).
- Retirees wanting some income from overseas stocks: the yield over the prior year was 2.73% as of October 27, 2026, paid twice yearly.
- Investors wanting a calmer ride: the index aims for up to 15% less volatility (price swings) than a market-weighted universe over a full cycle.
Look elsewhere if
- Cost-focused investors: the 0.29% expense ratio compares with a 0.13% average among similar funds, and 0.03% for Vanguard's VEA and SPDR's SPDW.
- Those unsettled by steep drops: it fell 36% from peak to trough in early 2020, and its 27.4% slide in 2022 took 18.8 months to recover.
- Those wanting plain market-weighted exposure: the index reshuffles country and stock weights, so its holdings overlap only 23% with Vanguard's VEA.
Close alternatives
Matched by holdings overlap from the latest N-PORT reports.
| Fund | Overlap | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|---|
| RODM this fund | — | 0.29% | $1.63B | +20.9% | +24.5% |
| IDEV iShares Core MSCI International Developed M… | 26% | 0.04% | $31.64B | +14.6% | +19.2% |
| EFV iShares MSCI EAFE Value ETF | 26% | 0.33% | $29.11B | +21.9% | +23.3% |
| SCHF Schwab International Equity ETF | 25% | 0.06% | $69.68B | +17.7% | +20.4% |
| EFA iShares MSCI EAFE ETF | 24% | 0.32% | $77.98B | +13.5% | +18.2% |
| SPDW SPDR Portfolio Developed World ex-US ETF | 24% | 0.03% | $40.29B | +17.3% | +20.5% |
| VEA Vanguard FTSE Developed Markets ETF | 23% | 0.03% | $316.42B | +16.8% | +21.7% |
| IEFA iShares Core MSCI EAFE ETF | 22% | 0.07% | $190.11B | +13.7% | +18.5% |
Questions investors ask
Is RODM good for retirement?
RODM may suit retirement investors who want a diversifier made of stocks from developed markets outside the US. As of December 31, 2024, the prospectus shows average annual returns of 8.07% over one year, 3.45% over five years and 4.75% since the fund launched in February 2015. Its price-based return for 2025 was 34.38%. It also lost 14.37% in 2022 and dropped 34.8% in the 2020 COVID crash, so it carries full stock-market risk.
What's the difference between RODM and IDEV?
RODM picks stocks by value, momentum and quality and adjusts for risk. IDEV, the iShares Core MSCI International Developed Markets ETF, is a much larger and cheaper broad fund. IDEV charges 0.04% a year, while RODM charges 0.29%. According to the latest N-PORT reports, only 26% of their holdings overlap. As of July 31, 2026, IDEV held about $31.6 billion and RODM about $1.63 billion. IDEV's one-year return was 14.7% as of October 29, 2026. RODM's was 20.9% as of October 27, 2026.
How often does RODM pay dividends?
RODM pays dividends twice a year, not monthly or quarterly. Over the 12 months to October 27, 2026, it paid $1.15 per share, a trailing yield of 2.73%. The payments come from the dividends of the foreign companies it owns. Their size can vary from one payment to the next with company payouts and exchange rates. Retirees who rely on regular income may find twice-yearly payments harder to budget around.
What is RODM's expense ratio?
RODM's expense ratio is 0.29% a year, according to its prospectus filed November 26, 2025. The SEC's standard example assumes $10,000 invested with a 5% yearly return. On that basis, costs come to $30 after one year, $93 after three, $163 after five and $368 after 10. The average among similar funds is 0.13%. RODM ranks 6th of 8 on cost. Broad funds like VEA and SPDW charge 0.03%.
What are RODM's top holdings?
As of July 31, 2026, RODM's largest holdings were Royal Bank of Canada (1.22%), Bank of Montreal (1.21%), Equinor (1.19%), Toronto-Dominion Bank (1.14%) and BOC Hong Kong (1.13%). ASML, Millicom, Great-West Lifeco, Oversea-Chinese Banking and Bank of Nova Scotia round out the top 10. Together, those 10 made up just 11.09% of the fund, spread across 336 stocks. Canadian banks stand out among the largest positions.