Hartford Multifactor Global Small Cap ETF
ALTAR
Score™
7.9% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
29.4x P/Sales
ratio
0.7x
P/BV
ratio
1.5x Div.
yield
2.6%


  • 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 331
Wgt avg mkt cap (mns) $1,507
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 28.9%
Small cap (<$2bn) 71.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MERIDIAN BIOSCIENCE INC 1.6 %
SPORTSMAN'S WAREHOUSE HOLDIN 1.4 %
SPROUTS FARMERS MARKET INC 1.3 %
ARENA PHARMACEUTICALS, INC. 1.3 %
RENT-A-CENTER INC 1.3 %
MURPHY USA, INC. 1.2 %
VANDA PHARMACEUTICALS INC 1.1 %
BIG LOTS INC 1.1 %
PLEXUS CORP 1.1 %
HIBBETT SPORTS INC 1.0 %
Total 12.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.0 %
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 June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-17.6% -11.8% 2.6% -- 2.6%

Market Correlations
versus... Beta R-squared
S&P500 1.12 88%
MSCI EAFE 1.21 89%
MSCI Emg. Mkts. 0.91 78%

Technical Indicators
Recent close $24.92
30d moving avg. $25.02
Annualized volatility 20.3%
Short interest (ETF) 0.0%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.3%
Bid/Ask (% of price) 0.48%
ADV underlying (mns) $4,924

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™: 7.9%


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
(%)
TPSC Timothy Plan US Small Cap Core ETF 30.1 52 -18 8.3 +0.3
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 29.5 35 -1 8.3 +0.3
AFSM First Trust Active Factor Small Cap ETF 27.4 75 -41 5.7 -2.3
SQLV Legg Mason Small-Cap Quality Value 26.9 62 -28 7.8 -0.1
EES WisdomTree SmallCap Earnings Fund 26.8 38 -4 11.6 +3.7
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 26.3 30 4 7.8 -0.1
CSML IQ Chaikin U.S. Small Cap ETF 25.6 35 -1 4.2 -3.7
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 24.7 35 -1 8.3 +0.3
SLY SPDR S&P 600 Small Cap ETF 24.2 15 19 7.0 -0.9
SPSM SPDR Portfolio Small Cap ETF 24.2 5 29 7.1 -0.8
IJR iShares Core S&P Small Cap ETF 24.1 7 27 7.1 -0.8
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 23.8 29 5 5.6 -2.3
FYX First Trust Small Cap Core AlphaDEX Fund 23.7 63 -29 6.6 -1.3
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 23.5 35 -1 6.4 -1.6
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 23.4 40 -6 6.7 -1.2
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 23.4 24 10 7.2 -0.7
VIOO Vanguard S&P Small-Cap 600 ETF 23.2 10 24 7.2 -0.7
DES WisdomTree U.S. SmallCap Dividend Fund 22.3 38 -4 8.8 +0.9
ISMD Inspire Small/Mid Cap Impact ETF 22.3 60 -26 6.5 -1.4
AVUV Avantis U.S. Small Cap Value ETF 22.2 25 9 9.3 +1.4
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 22.2 20 14 6.0 -1.9
RWJ Invesco S&P SmallCap 600 Revenue ETF 22.0 39 -5 7.7 -0.2
BUY USCF SummerHaven SHPEI Index Fund 21.6 80 -46 10.1 +2.2
FYT First Trust Small Cap Value AlphaDEX Fund 21.5 72 -38 9.5 +1.6
PSC Principal U.S. Small Cap Index ETF 21.3 38 -4 7.1 -0.9
IWN iShares Russell 2000 Value ETF 20.7 24 10 7.3 -0.6
PQSV PGIM QMA Strategic Alpha Small-Cap Value ETF 20.7 29 5 9.7 +1.7
SLYG SPDR S&P 600 Small Cap Growth ETF 20.6 15 19 5.3 -2.7
IJT iShares S&P Small-Cap 600 Growth ETF 20.5 25 9 5.1 -2.8
SLYV SPDR S&P 600 Small Cap Value ETF 20.3 15 19 9.3 +1.4
IJS iShares S&P Small-cap 600 Value ETF 20.3 25 9 9.2 +1.3
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 20.1 12 22 7.8 -0.1
VIOG Vanguard S&P Small-Cap 600 Growth ETF 20.1 16 18 5.2 -2.7
RNSC Small Cap US Equity Select ETF 20.1 60 -26 7.7 -0.2
VTWV Vanguard Russell 2000 Value Index Fund 19.9 15 19 7.4 -0.5
VIOV Vanguard S&P Small-Cap 600 Value ETF 19.5 15 19 9.6 +1.7
SSLY Syntax Stratified SmallCap ETF 18.5 30 4 6.2 -1.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 18.5 39 -5 4.2 -3.7
PQSG PGIM QMA Strategic Alpha Small-Cap Growth ETF 18.1 29 5 1.8 -6.1
VUSE Vident Core US Equity Fund 18.0 48 -14 8.3 +0.3
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 17.8 39 -5 7.6 -0.3
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 16.8 38 -4 9.0 +1.1
XSVM Invesco S&P SmallCap Value with Momentum ETF 16.6 39 -5 11.7 +3.8
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 16.6 35 -1 9.4 +1.5
IWM iShares Russell 2000 ETF 16.5 19 15 3.6 -4.3
FNDA Schwab Fundamental U.S. Small Co. Index ETF 16.1 25 9 6.7 -1.2
FSMD Fidelity Small-Mid Factor ETF 16.0 29 5 7.0 -0.9
IUSS Invesco Strategic US Small Company ETF 15.5 23 11 5.5 -2.5
VTWO Vanguard Russell 2000 Index Fund 15.2 10 24 3.7 -4.3
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 15.1 20 14 4.7 -3.2
VAMO Cambria Value & Momentum ETF 15.0 64 -30 7.8 -0.2
XSLV Invesco S&P SmallCap Low Volatility ETF 14.9 25 9 6.0 -1.9
RZG Invesco S&P Smallcap 600 Pure Growth ETF 14.9 35 -1 5.9 -2.0
VFMF Vanguard U.S. Multifactor ETF 13.8 19 15 7.2 -0.7
FYC First Trust Small Cap Growth AlphaDEX Fund 13.4 70 -36 2.5 -5.5
CALF Pacer US Small Cap Cash Cows 100 ETF 12.9 59 -25 13.2 +5.3
XRT SPDR S&P Retail ETF 12.9 35 -1 6.7 -1.2
PXSG Invesco S&P SmallCap Momentum ETF 12.6 39 -5 5.0 -2.9
SCHA Schwab U.S. Small-Cap ETF 12.3 4 30 4.7 -3.2
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 12.3 80 -46 5.6 -2.3
PSCH Invesco S&P SmallCap Health Care ETF 11.9 29 5 3.0 -4.9
VBR Vanguard Small Cap Value Index Fund 11.8 7 27 8.4 +0.5
PSCT Invesco S&P SmallCap Information Technology ETF 11.1 29 5 5.6 -2.4
JSML Janus Henderson Small Cap Growth Alpha ETF 11.1 30 4 7.6 -0.3
XSHQ Invesco S&P SmallCap Quality ETF 11.1 29 5 6.7 -1.3
IWO iShares Russell 2000 Growth ETF 10.9 24 10 0.8 -7.2
FDM First Trust Dow Jones Select Microcap Index Fund 10.9 60 -26 7.3 -0.6
BKSE BNY Mellon US Small Cap Core Equity ETF 10.6 4 30 5.7 -2.2
VTWG Vanguard Russell 2000 Growth Index Fund 10.5 15 19 0.8 -7.2
IWC iShares Micro-Cap ETF 10.4 60 -26 -3.8 -11.8
PBSM Invesco PureBeta MSCI USA Small Cap ETF 10.1 6 28 5.3 -2.6
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 9.8 17 17 5.2 -2.8
VFQY Vanguard U.S. Quality Factor ETF 9.3 13 21 6.0 -1.9
DWAS Invesco DWA SmallCap Momentum ETF 9.2 60 -26 -1.1 -9.0
VFVA Vanguard U.S. Value Factor ETF 9.2 14 20 11.5 +3.6
NUSC Nuveen ESG Small-Cap ETF 9.1 40 -6 5.4 -2.6
RZV Invesco S&P Smallcap 600 Pure Value ETF 8.9 35 -1 10.1 +2.2
VFLQ Vanguard U.S. Liquidity Factor ETF 8.4 14 20 4.7 -3.2
PSCF Invesco S&P SmallCap Financials ETF 8.3 29 5 11.5 +3.6
FAB First Trust Multi Cap Value AlphaDEX Fund 8.2 71 -37 9.5 +1.6
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 8.2 29 5 9.4 +1.5
JKJ iShares Morningstar Small-Cap ETF 8.1 25 9 6.7 -1.2
AFMC First Trust Active Factor Mid Cap ETF 7.9 65 -31 6.3 -1.6
JKL iShares Morningstar Small Cap Value ETF 7.8 30 4 10.4 +2.5
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 7.8 20 14 9.4 +1.5
RWK Invesco S&P MidCap 400 Revenue ETF 7.6 39 -5 8.1 +0.2
BFOR Barron's 400 ETF 7.6 65 -31 6.3 -1.6
VB Vanguard Small-Cap ETF 7.1 5 29 5.4 -2.6
XHS SPDR S&P Health Care Services ETF 7.0 35 -1 4.3 -3.6
EZM WisdomTree U.S. MidCap Earnings Fund 7.0 38 -4 9.2 +1.3
EWMC Invesco S&P MidCap 400 Equal Weight ETF 6.8 40 -6 7.2 -0.7
PXMV Invesco S&P MidCap Value with Momentum ETF 6.7 39 -5 10.2 +2.3
SYLD Cambria Shareholder Yield ETF 6.6 59 -25 8.9 +0.9
VXF Vanguard Extended Market Index Fund 6.6 7 27 3.7 -4.2
JHSC John Hancock Multifactor Small Cap ETF 6.4 42 -8 5.9 -2.0
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 6.4 30 4 10.8 +2.9
RFV Invesco S&P Midcap 400 Pure Value ETF 6.3 35 -1 10.6 +2.7
PSCI Invesco S&P SmallCap Industrials ETF 6.2 29 5 6.6 -1.4
IVOV Vanguard S&P Mid-Cap 400 Value ETF 6.1 15 19 8.6 +0.7
VFMV Vanguard U.S. Minimum Volatility ETF 6.0 13 21 3.9 -4.0

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 11.9 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 34 bp
Equals: ALTAR Score 7.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.62 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.