Hartford Multifactor Small Cap ETF

ROSC

Market cap $35.3M

Hartford Multifactor Small Cap ETF is a small-cap multifactor fund that emphasizes quality, value, momentum, and low volatility. Its expense ratio is 0.34% and the ETF has $33 million in assets under management. Despite ROSC's relative unpopularity, its returns have been solid. Since its Index change, it's easily outperformed the Russell 2000 and Russell 2000 Value Indexes. Its quality screens are most likely responsible. My fundamental analysis revealed a 14% ROE compared to 4-5% for these benchmarks.

The Russell 2000 has entered positive territory for the year as small caps rallied on a cooler-than-expected October CPI report. While the style-pure small-cap benchmark has clawed back its year-to-date losses, it's being handily outpaced by Hartford Funds' multifactor small cap ETF.