Hartford Multifactor Low Volatility US Equity ETF (LVUS)
Hartford Multifactor Low Volatility US Equity ETF operates in the Asset Management industry of the Financial Services sector. The stock last traded at $28.55, down 0.03% on the session, giving a market capitalisation of $7.1M. Its beta of 0.92 implies it has historically moved less than the broad market.
This fund aims to mirror the total return performance of the Hartford Multifactor Low Volatility US Equity Index, excluding costs and charges. Typically, at least 80% of its holdings are invested in the equity components of this index. The underlying index itself is engineered to achieve superior returns compared to a standard U.S. capitalization-weighted market, all while targeting a volatility reduction of up to 25% over a full market cycle, thanks to its specific construction methodology.
Hartford Multifactor Low Volatility US Equity ETF is most often compared with the following Financial Services names: