Hartford US Value ETF
$63.58−0.29 (−0.45%)
- Expense ratio
- 0.29%
- Fund size
- $51M
- 1Y return
- +21.8%
- Yield · Last 12 months
- 1.82%
- Holdings
- 166
- Volume · 30D
- 0M sh
- NAV per share
- $64.30
- 52W range
The ETF.net VMAX Grade
Score 49 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 34Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 82Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 60Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 21Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 54Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.FScore 18Category rank
Our read on VMAX
CHartford skipped the off-the-shelf benchmark and built its own value index, then wrapped an ETF around it: about 170 US stocks screened for low valuations, priced above what plain-vanilla value beta costs.
The Fund seeks to track the total return of the Hartford US Value Index, which invests in U.S. equities selected for favorable value characteristics and relatively low valuations.
Why people hold it
- Runs on Hartford's own index (LVMAXX) rather than a licensed S&P or Russell benchmark, screening US equities for favorable value characteristics and relatively low valuations.
- Does what the label says: a pure US value equity mandate that has stayed tightly aligned with the index it advertises.
- About 170 names, wide enough to blunt single-stock blowups without diluting the value screen into the whole market.
- Distributions land quarterly, the standard cadence for a plain equity index fund.
Worth knowing
- At 0.29% a year it costs more than the typical US value fund (median 0.18%), and the category's largest names (VTV, SCHV, IUSV) charge 0.03% to 0.04%.
- One of the smaller, lightly traded funds in a cohort of giants, so bid-ask spreads can run wider than the household-name value ETFs.
- Launched in December 2023, so the strategy has a short live record and a proprietary index with no long public history behind it.
VMAX Holdings
- Stocks
- 166
- 19%
- EOG
Sectors
- Financials33.3%
- Health Care12.5%
- Energy12.0%
- Technology8.8%
- Utilities6.4%
- Communication6.1%
- Materials4.7%
- Real Estate4.6%
- Industrials3.9%
- Consumer Discr.3.8%
- Cons. Staples3.8%
Geography
- United States96.35%
- Bermuda1.50%
- Ireland1.23%
- Switzerland0.91%
VMAX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | VMAX |
|---|---|
| Year to date | +18.6% |
| 1 month | −1.9% |
| 3 months | +2.7% |
| 1 year | +21.8% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | VMAX |
|---|---|---|
| 2026 YTD | +18.6% | |
| 2025 | +15.7% | |
| 2024 | +15.9% | |
| 2023 | +7.0% |
VMAX in the news
ETF.net Research hasn’t filed on VMAX yet — coverage lands here as it’s written.
VMAX Dividends
- 1.82%
- $1.16
- $0.27 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 29, 2026 | $0.27 |
| Mar 25, 2026 | Mar 27, 2026 | $0.25 |
| Dec 23, 2025 | Dec 26, 2025 | $0.39 |
| Sep 25, 2025 | Sep 29, 2025 | $0.25 |
| Jun 25, 2025 | Jun 27, 2025 | $0.26 |
| Mar 25, 2025 | Mar 27, 2025 | $0.25 |
| Dec 23, 2024 | Dec 26, 2024 | $0.24 |
| Sep 26, 2024 | Data unavailable | $0.27 |
| Jun 27, 2024 | Jul 1, 2024 | $0.21 |
| Mar 25, 2024 | Mar 28, 2024 | $0.22 |
VMAX Risk
- 12.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.17
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −19.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.74
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
VMAX Cost
- The middle half of US Value Index funds
- Median 0.20%
26 of the 41 US Value Index funds charge less.