Over the weekend Hartford Funds announced the launch of a new factor-based ETF looking to offer exposure to U.S. equities. The Hartford Disciplined US Equity ETF (HDUS) follows a leverage rules-based process that targets consistent value, quality, and momentum that is able to perform in different market settings. HDUS plans to do this by tracking the Hartford Disciplined US Equity Index made up of U.S. large-cap equities.
Hartford Funds Launches Factor-Based U.S. Equity ETF
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HDUS is available for trade on the NYSE and has an expense ratio of 0.19%.