Hartford Quality Value ETF

QUVU

Market cap $186M

US equities surged for the third consecutive quarter, driven by mega-cap technology companies, with significant outperformance of growth stocks over value stocks. Hartford Quality Value ETF outperformed the Russell 1000 Value Index, mainly due to strong security selection in healthcare, industrials, and financials sectors. The Fed's interest rate path remains data-dependent, with market volatility expected to increase due to election uncertainty and macroeconomic indicators.

In the past year, investors have been rewarded by focusing on quality companies. Shares of companies with strong balance sheets and consistent earnings and cash flow have performed relatively well.