ILCV vs ROSC

ILCVAiShares Morningstar Value ETF

ROSCCHartford Multifactor Small Cap ETF

In short

ILCV Value done the thorough way: roughly 400 large- and mid-cap US stocks screened on five separate value measures, not just cheap book value. Running since 2004 at four basis points, it's one of the cheapest tickets into the value factor.

ROSC Small caps with the risk dials turned down. ROSC's index leans toward cheaper, more profitable small companies and caps concentration, targeting up to 15% less volatility than the cap-weighted small-cap universe over a full market cycle.

Stated mandate

ILCV The fund seeks to track an index of U.S. large- and mid-cap stocks selected with value-oriented measures including forward earnings, book value, sales, cash flow, and dividend yield.

ROSC The Fund seeks U.S. small-cap core equity exposure through a rules-based index whose constituents are selected and weighted using a multifactor methodology. The index targets up to a 15% reduction in volatility over a complete market cycle.

Why people hold it

• ILCV Charges 0.04% a year against a 0.32% median for its factor peer group. Undercuts well-regarded rivals like VONV (0.06%) and FNDX (0.25%).
• Value gets defined five ways: forward earnings, book value, sales, cash flow and dividend yield. Wider lens than a single price-to-book screen.ishares.com
• Spreads the bet across about 400 large- and mid-cap names and distributes quarterly.
• Trading since 2004 and now a multi-billion-dollar fund, it ranks among the strongest implementations in its factor cohort.

• ROSC The volatility target is written into the index: up to 15% less than the cap-weighted small-cap universe over a full market cycle, set by rules rather than manager calls.sec.gov
• A cheap-and-profitable tilt: the index screens for lower valuations than the Russell 2000 alongside quality and momentum, spread across roughly 300 names.hartfordfunds.com
• Hartford's own Lattice unit builds the index and publishes the full methodology, so the rules behind the portfolio are public reading.hartfordfunds.com

Worth knowing

• ILCV One of the quieter tickers in its category. Thin volume means spreads matter more here than on a mega-cap index fund, and limit orders are the usual tool.
• Value-only by design. It skips the market's priciest growth leaders, so it moves differently from a total-market fund in both directions.ishares.com
• Large and mid caps only. Small-cap value sits outside the mandate.

• ROSC It trades lightly, so spreads can run wider than on the giant small-cap index funds and order type matters more.
• The 0.34% fee sits a shade above its multifactor peer group's median and well above vanilla factor funds like VONV (0.06%) and IUSG (0.04%).
• The history predates the strategy: launched in 2015 as a global small-cap fund (then ROGS), it became a US-only multifactor fund in November 2019.sec.govsec.gov 2

Full ILCV profile⁠

Full ROSC profile⁠