Hartford Multifactor Global Small Cap ETF
ALTAR
Score™
11.7% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
11.4x P/Sales
ratio
0.5x
P/BV
ratio
1.1x Div.
yield
4.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Lattice Global Small Cap Strategy invests in global companies with market capitalizations of $500M to $8B, after applying screens for risk and for valuation, momentum and quality.

FUND BASICS
Category Global Equities
Fund Sponsor Lattice Strategies
Website www.latticeetfs.com
Inception date Mar 24, 2015
Assets (mns) $10
Currency USD
Expense ratio 34 bp
Distributions Semi-Annually

FUND STRUCTURE
Regulation Open-End Investment Company
Custodian
Weighting Proprietary
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 334
Wgt avg mkt cap (mns) $1,267
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 19.3%
Small cap (<$2bn) 80.7%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
SPROUTS FARMERS MARKET INC 1.2 %
VANDA PHARMACEUTICALS INC 1.1 %
JOHN B. SANFILIPPO & SON INC 1.1 %
SYKES ENTERPRISES INC 1.1 %
UNITED STATES CELLULAR CORP 1.1 %
MURPHY USA, INC. 1.1 %
PLEXUS CORP 1.1 %
ARENA PHARMACEUTICALS, INC. 1.1 %
ANIXTER INTERNATIONAL INC 1.0 %
PC CONNECTION INC 1.0 %
Total 10.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.5 %
PUERTO RICO 1.1 %
CAYMAN ISLANDS 0.7 %
BERMUDA 0.4 %
IRELAND 0.3 %
BRITAIN 0.0 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-32.9% -28.3% -- -- -1.5%

Market Correlations
versus... Beta R-squared
S&P500 1.10 84%
MSCI EAFE 1.13 86%
MSCI Emg. Mkts. 0.88 77%

Technical Indicators
Recent close $19.31
30d moving avg. $23.13
Annualized volatility 18.3%
Short interest (ETF) 1.1%
Relative strength (RSI) 31

Liquidity measures
Avg. volume (thou.) 4
Turnover 0.8%
Bid/Ask (% of price) 0.90%
ADV underlying (mns) $5,026

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Hartford Multifactor Global Small Cap ETF ETF based on the alternatives' overlap in portfolio holdings with ROGS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ROGS Expense: 34 bp ALTAR Score™: 11.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ROGS
Ticker Fund
Name
Overlap1
vs ROGS
(%)
Expense
ratio
(bp)
Savings
vs ROGS
(bp)
ALTAR
Score™
(%)
ALTAR
vs ROGS
(%)
CSA Victory CEMP US Small Cap Volatility Weighted Index ETF 30.9 35 -1 11.6 -0.1
TPSC Timothy Plan US Small Cap Core ETF 30.4 52 -18 10.9 -0.8
FYT First Trust Small Cap Value AlphaDEX Fund 29.0 72 -38 13.6 +1.9
FYX First Trust Small Cap Core AlphaDEX Fund 28.9 63 -29 9.1 -2.6
EES WisdomTree SmallCap Earnings Fund 28.1 38 -4 19.2 +7.6
SQLV Legg Mason Small-Cap Quality Value 27.5 62 -28 12.2 +0.5
AFSM First Trust Active Factor Small Cap ETF 27.1 75 -41 10.6 -1.1
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 25.8 30 4 10.7 -1.0
PSC Principal U.S. Small Cap Index ETF 25.3 38 -4 11.1 -0.6
SLY SPDR S&P 600 Small Cap ETF 25.0 15 19 9.5 -2.2
IJR iShares Core S&P Small Cap ETF 25.0 7 27 9.6 -2.1
SPSM SPDR Portfolio Small Cap ETF 25.0 5 29 9.6 -2.1
VIOO Vanguard S&P Small-Cap 600 ETF 24.7 10 24 9.6 -2.1
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 24.5 40 -6 8.7 -3.0
DES WisdomTree U.S. SmallCap Dividend Fund 23.7 38 -4 12.7 +1.0
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 23.7 24 10 11.1 -0.6
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 23.6 35 -1 9.1 -2.6
RWJ Invesco S&P SmallCap 600 Revenue ETF 22.9 39 -5 9.7 -2.0
AVUV Avantis U.S. Small Cap Value ETF 22.9 25 9 13.8 +2.1
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 22.5 29 5 8.5 -3.2
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 22.2 12 22 10.6 -1.1
ISMD Inspire Small/Mid Cap Impact ETF 22.0 61 -27 7.6 -4.1
CSML IQ Chaikin U.S. Small Cap ETF 21.7 35 -1 13.4 +1.7
SLYV SPDR S&P 600 Small Cap Value ETF 21.6 15 19 12.2 +0.5
IJS iShares S&P Small-cap 600 Value ETF 21.5 25 9 12.1 +0.4
OMFS Oppenheimer Russell 2000 Dynamic Multifactor ETF 21.5 39 -5 8.7 -3.0
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 21.4 20 14 9.7 -2.0
VIOV Vanguard S&P Small-Cap 600 Value ETF 21.4 15 19 12.2 +0.5
RNSC Small Cap US Equity Select ETF 21.3 60 -26 9.5 -2.2
SCAP AdvisorShares Cornerstone Small Cap ETF 20.9 90 -56 8.1 -3.6
VTWV Vanguard Russell 2000 Value Index Fund 20.8 15 19 10.5 -1.2
IWN iShares Russell 2000 Value ETF 20.8 24 10 10.3 -1.4
IJT iShares S&P Small-Cap 600 Growth ETF 20.7 25 9 7.4 -4.3
VIOG Vanguard S&P Small-Cap 600 Growth ETF 20.7 16 18 7.5 -4.2
SLYG SPDR S&P 600 Small Cap Growth ETF 20.7 15 19 7.5 -4.2
BUY USCF SummerHaven SHPEI Index Fund 20.6 80 -46 18.4 +6.7
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 19.7 39 -5 6.4 -5.3
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 18.9 38 -4 13.4 +1.7
PQSV PGIM QMA Strategic Alpha Small-Cap Value ETF 18.4 29 5 12.6 +0.9
XSVM Invesco S&P SmallCap Value with Momentum ETF 18.3 39 -5 15.9 +4.2
IUSS Invesco Strategic US Small Company ETF 18.0 23 11 9.0 -2.7
VUSE Vident Core US Equity Fund 17.8 48 -14 11.0 -0.7
PQSG PGIM QMA Strategic Alpha Small-Cap Growth ETF 17.8 29 5 0.0 -11.7
FNDA Schwab Fundamental U.S. Small Co. Index ETF 17.4 25 9 9.6 -2.1
VTWO Vanguard Russell 2000 Index Fund 16.7 10 24 5.8 -5.9
IWM iShares Russell 2000 ETF 16.7 19 15 5.7 -6.0
FSMD Fidelity Small-Mid Factor ETF 16.4 29 5 9.9 -1.8
CSB Victory CEMP US Small Cap High Dividend Volatility Wtd Idx E 16.2 35 -1 12.2 +0.5
VAMO Cambria Value & Momentum ETF 15.9 64 -30 8.8 -2.9
CALF Pacer US Small Cap Cash Cows 100 ETF 15.1 59 -25 18.5 +6.8
XSHQ Invesco S&P SmallCap Quality ETF 15.1 29 5 8.0 -3.7
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 14.6 20 14 7.8 -3.9
RZG Invesco S&P Smallcap 600 Pure Growth ETF 14.3 35 -1 9.8 -1.9
JKL iShares Morningstar Small Cap Value ETF 14.1 30 4 14.8 +3.1
DWAS Invesco DWA SmallCap Momentum ETF 13.5 60 -26 1.1 -10.6
SCHA Schwab U.S. Small-Cap ETF 13.5 4 30 7.5 -4.2
PSCT Invesco S&P SmallCap Information Technology ETF 13.3 29 5 7.7 -4.0
VFMF Vanguard U.S. Multifactor ETF 13.3 18 16 10.9 -0.8
XSLV Invesco S&P SmallCap Low Volatility ETF 13.2 25 9 11.6 -0.1
FYC First Trust Small Cap Growth AlphaDEX Fund 13.1 70 -36 3.7 -8.0
PXSG Invesco S&P SmallCap Momentum ETF 13.1 39 -5 7.4 -4.3
VBR Vanguard Small Cap Value Index Fund 12.4 7 27 12.0 +0.3
VTWG Vanguard Russell 2000 Growth Index Fund 11.5 15 19 1.8 -9.9
JKJ iShares Morningstar Small-Cap ETF 11.5 25 9 9.0 -2.7
IWC iShares Micro-Cap ETF 11.4 60 -26 -5.5 -17.2
IWO iShares Russell 2000 Growth ETF 11.4 24 10 1.6 -10.1
PBSM Invesco PureBeta MSCI USA Small Cap ETF 11.1 6 28 8.0 -3.7
JSML Janus Henderson Small Cap Growth Alpha ETF 10.9 35 -1 9.5 -2.2
VFQY Vanguard U.S. Quality Factor ETF 10.8 13 21 8.5 -3.2
PSCH Invesco S&P SmallCap Health Care ETF 10.7 29 5 4.2 -7.5
OUSM O'Shares FTSE Russell Small Cap Quality Dividend ETF 10.6 48 -14 8.8 -2.9
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 10.4 17 17 7.3 -4.4
XRT SPDR S&P Retail ETF 10.1 35 -1 12.3 +0.6
FAB First Trust Multi Cap Value AlphaDEX Fund 10.0 71 -37 13.3 +1.6
NUSC Nuveen ESG Small-Cap ETF 9.7 40 -6 7.6 -4.1
RZV Invesco S&P Smallcap 600 Pure Value ETF 9.4 35 -1 13.2 +1.5
FDM First Trust Dow Jones Select Microcap Index Fund 9.3 60 -26 13.8 +2.1
VALX Validea Market Legends ETF 9.3 79 -45 19.3 +7.7
PSCF Invesco S&P SmallCap Financials ETF 9.0 29 5 15.1 +3.5
RWK Invesco S&P MidCap 400 Revenue ETF 8.4 39 -5 11.7 -0.0
CSF Victory CEMP US Discovery Enhanced Volatility Weighted Idx E 8.3 35 -1 10.9 -0.8
VFMV Vanguard U.S. Minimum Volatility ETF 8.3 13 21 6.2 -5.5
BFOR Barron's 400 ETF 8.1 66 -32 9.1 -2.6
VFVA Vanguard U.S. Value Factor ETF 8.1 13 21 16.5 +4.8
VFLQ Vanguard U.S. Liquidity Factor ETF 8.0 13 21 5.5 -6.2
VB Vanguard Small-Cap ETF 7.9 5 29 8.1 -3.6
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 7.7 20 14 10.3 -1.4
DWMC AdvisorShares Dorsey Wright Micro-Cap ETF 7.5 125 -91 -2.9 -14.6
VXF Vanguard Extended Market Index Fund 7.4 7 27 5.9 -5.8
EWMC Invesco S&P MidCap 400 Equal Weight ETF 7.4 40 -6 9.7 -2.0
EZM WisdomTree U.S. MidCap Earnings Fund 7.2 38 -4 13.8 +2.1
JHSC John Hancock Multifactor Small Cap ETF 7.1 50 -16 8.6 -3.1
AFMC First Trust Active Factor Mid Cap ETF 7.0 65 -31 9.7 -2.0
VFMO Vanguard U.S. Momentum Factor ETF 6.8 13 21 4.7 -7.0
XHS SPDR S&P Health Care Services ETF 6.5 35 -1 7.4 -4.3
RFV Invesco S&P Midcap 400 Pure Value ETF 6.5 35 -1 16.6 +4.9
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 6.2 29 5 14.2 +2.5
MDYV SPDR S&P 400 Mid Cap Value ETF 6.2 15 19 12.1 +0.4
IJJ iShares S&P Mid-Cap 400 Value ETF 6.2 25 9 12.0 +0.3
IVOV Vanguard S&P Mid-Cap 400 Value ETF 6.1 15 19 12.2 +0.5

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Hartford Multifactor Global Small Cap ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.0 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 34 bp
Equals: ALTAR Score 11.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.63 CATEGORY
AVERAGE
1.50
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.