Hartford US Value ETF
$64.13+0.20 (+0.32%)
- 0.29%
- $3M
- +26.4%
- 2.11%
- 0M sh
- $63.45
- low $51.19high $65.74
The ETF.net VMAX Grade
C
Score 47 out of 100
- 32 of 40
Score 47 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D36 out of 100Rank 26 of 40Mission
Whether the fund did what it promised, tested against its stated mandate.A78 out of 100Rank 23 of 37Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B62 out of 100Rank 13 of 39Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F17 out of 100Rank 38 of 40Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C53 out of 100Rank 23 of 40Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F11 out of 100Rank 37 of 40
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
- 126
- 19%
- EOG
Sectors
- Financials33.1%
- Energy12.5%
- Health Care12.4%
- Technology9.0%
- Utilities6.4%
- Communication6.1%
- Real Estate4.6%
- Materials4.5%
- Industrials3.9%
- Consumer Discretionary3.9%
- Consumer Staples3.8%
Geography
- United States96.23%
- Bermuda1.54%
- Ireland1.35%
- Switzerland0.87%
VMAX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
VMAX$12,640
Returns run to the Oct 12, 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 | +19.6% |
| 1 month | −1.3% |
| 3 months | +2.0% |
| 1 year | +26.4% |
| 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 | +19.6% | |
| 2025 | +15.7% | |
| 2024 | +15.9% | |
| 2023 | +7.0% |
VMAX in the news
Category Review
US multifactor funds ran 30 points apart
VMAX Dividends
- 2.11%
- $1.35
- $0.44 per share
- Quarterly
Distribution history
VMAX Risk
- 12.3%
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.
- 1.02
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.
- 0.76
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
0.29%
VMAX0.29%
- The middle half of US Value Index funds
- Median 0.20%
25 of the 40 US Value Index funds charge less.
Other funds in US Value Index
- CPWVInvesco Large Cap Value ETFExpense ratio 0.55%1 year return +25.3%
- CVFVAVanguard U.S. Value Factor ETFExpense ratio 0.13%1 year return +28.2%
- CDFATDimensional - US Targeted Value ETFExpense ratio 0.33%1 year return +22.7%
- CFNKFirst Trust Mid Cap Value AlphaDEX FundExpense ratio 0.74%1 year return +15.9%
- CFYTFirst Trust Small Cap Value AlphaDEX FundExpense ratio 0.70%1 year return +30.2%