Hartford Longevity Economy Etf Profile
| HLGE Etf | USD 32.85 0.25 0.76% |
Performance9 of 100
| Odds Of DistressLess than 9
|
Hartford Longevity is trading at 32.85 as of the 28th of November 2024, a 0.76 percent decrease since the beginning of the trading day. The etf's lowest day price was 32.85. Hartford Longevity has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Hartford Longevity Economy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund generally invests at least 80 percent of its assets in securities included in the index and in depositary receipts representing securities included in the index. Hartford Longevity is traded on NYSEARCA Exchange in the United States. More on Hartford Longevity Economy
Moving together with Hartford Etf
| 0.95 | VO | Vanguard Mid Cap | PairCorr |
| 0.93 | VXF | Vanguard Extended Market | PairCorr |
| 0.97 | IJH | iShares Core SP | PairCorr |
| 0.95 | IWR | iShares Russell Mid Sell-off Trend | PairCorr |
| 0.97 | MDY | SPDR SP MIDCAP | PairCorr |
| 0.98 | FV | First Trust Dorsey | PairCorr |
Moving against Hartford Etf
Hartford Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Mid-Cap Blend, Hartford Mutual Funds (View all Sectors) |
| Issuer | Hartford Funds |
| Inception Date | 2021-03-16 |
| Benchmark | Hartford Longevity Economy Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 13.24 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Hartford Funds Management Company, LLC |
| Advisor | Lattice Strategies LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Thomas J. Durante, Marlene Walker Smith, Todd Frysinger, David France, Michael Stoll, Vlasta Sheremeta |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Sep |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 346 |
| Market Maker | Virtu Financial |
| Total Expense | 0.44 |
| Management Fee | 0.44 |
| Country Name | USA |
| Returns Y T D | 22.35 |
| Name | Hartford Longevity Economy ETF |
| Currency Code | USD |
| Open Figi | BBG00ZGHTT93 |
| In Threey Volatility | 17.74 |
| 1y Volatility | 13.21 |
| 200 Day M A | 30.3451 |
| 50 Day M A | 31.831 |
| Code | HLGE |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.2 |
Hartford Longevity Economy [HLGE] is traded in USA and was established 2021-03-16. The fund is listed under Mid-Cap Blend category and is part of Hartford Mutual Funds family. The entity is thematically classified as Strategy ETFs. Hartford Longevity currently have 20.31 M in assets under management (AUM). , while the total return for the last 3 years was 8.4%.
Check Hartford Longevity Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Hartford Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Hartford Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Hartford Longevity Economy Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Hartford Longevity Economy Etf Constituents
| MRK | Merck Company | Stock | Health Care | |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care | |
| TGT | Target | Stock | Consumer Staples | |
| RVLV | Revolve Group LLC | Stock | Consumer Discretionary | |
| QRTEA | Qurate Retail Series | Stock | Consumer Discretionary | |
| ORCL | Oracle | Stock | Information Technology | |
| NTAP | NetApp Inc | Stock | Information Technology | |
| ABBV | AbbVie Inc | Stock | Health Care |
Hartford Longevity Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hartford Longevity. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0916 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.04) |
Hartford Longevity Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hartford Longevity Economy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of Hartford Longevity is measured differently than its book value, which is the value of Hartford that is recorded on the company's balance sheet. Investors also form their own opinion of Hartford Longevity's value that differs from its market value or its book value, called intrinsic value, which is Hartford Longevity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hartford Longevity's market value can be influenced by many factors that don't directly affect Hartford Longevity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hartford Longevity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Longevity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Longevity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.