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RODE (Hartford Multifactor Diversified International ETF) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
Emerging markets have the potential to offer outsized returns, but many investors are understandably wary of the volatility of the asset class. Investors can navigate volatility in emerging markets by looking beyond traditional cap-weighted funds.
Asian stocks largely posted gains on Thursday, lifting multifactor ETFs, as investors awaited the release of U.S. consumer price data. Asia-Pacific markets climbed across the board, led by South Korean stocks.
A challenged U.S. market highlights the value of diversification in a portfolio. Higher for longer interest rates, the automotive strike, high oil prices, and the possibility of a government shutdown again are all current headwinds for the U.S. economy.
The latest CPI print showed U.S. inflation accelerated for a second consecutive month in August. Consumer prices increased 3.7% in that month from a year prior, up from 3.2% in July, the Labor Department said on Wednesday.
Now is an opportune time for investors with home country biases to add international exposure. With international stocks trading at a discount relative to past valuations, there is significant upside opportunity.
There are opportunities in broad international and emerging markets for investors willing to challenge home country bias. U.S. equities have outperformed international markets for the longest period in history, suggesting their run is near its end, as U.S. and international markets leadership has historically been cyclical.
With a rising likelihood of recession during the second half of 2023, value ETFs have an important role to play in portfolios. Many leading indications in the housing, manufacturing, and credit sectors point to economic weakness.