LVUS — Hartford Multifactor Low Volatility US Equity ETF

Data updated: 2020-08-25

LVUS — Hartford Multifactor Low Volatility US Equity ETF. Money Market · $6.90M AUM · 0.19% expense ratio. Holdings, fees, performance and SEC filings.

LVUS Fund Overview

LVUS — Hartford Multifactor Low Volatility US Equity ETF is a US ETF managed by Lattice Strategies Trust, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

Type: US ETF
Manager: Lattice Strategies Trust
Category: Money Market
Assets under management: $6.90M
1-year return: -6.0%
Ticker: LVUS
SEC CIK: 0001605803
SEC series ID: S000056813
Share class ID: C000180488

LVUS Investment Objective and Strategy

Hartford Multifactor Low Volatility US Equity ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Lattice Strategies Trust.

Investment objective

The Fund seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an index that tracks the performance of exchange traded U.S. equity securities.

Principal investment strategy

"The Fund seeks to provide investment results that correspond to the total return performance of the Hartford Multifactor Low Volatility US Equity Index (LLVUSX) (the ""Index""), which is designed to outperform a U.S. capitalization-weighted universe with up to one quarter less volatility over a complete market cycle. The Index methodology seeks to construct a portfolio comprised of equity securities with low volatility characteristics, while seeking to account for potentially uncontrolled risks that may result from a singular emphasis on low volatility stocks. The Index methodology first selects equity securities with low volatility characteristics from a broad universe of U.S. equity securities. Each equity security must be within the top 98% of U.S. market capitalization with an average daily trading volume with an equivalent value to $1 million.

As of December 31, 2017, the approximate market capitalization range of components of the Index was $810 million to $660 billion. The composition of the Index is further refined by an optimization process that seeks diversification by applying minimum and maximum weightings of equity securities across a variety of measures, including sector, company, size, and other factors. The optimization process also seeks to avoid unintended factor risks by maintaining neutral to positive exposure to other potentially return-enhancing factors such as value, momentum, and quality at the portfolio level. The Index seeks to balance risk across sectors by utilizing expected tail loss estimations, which is a process that seeks to assign weights so that each sector contributes equal risk to the overall portfolio versus having significant concentrations in particular sectors.

Sectors exhibiting higher historical risk are assigned lower weightings while those with lower historical risk are assigned higher weightings. Expected tail loss is an estimation process that seeks to measure potential loss during turbulent markets and is based on the relative historical performance of each sector. The Index methodology's pursuit of neutral to positive exposure to value, momentum, and quality characteristics at the aggregate Index level reflects the belief that unintended, negative exposure to any one of these factors may introduce unintended risk. The selection and optimization process seeks to emphasize low volatility equity securities that also exhibit a favorable combination of these additional factors, which are measured by characteristics such as a company's earnings, operating cash flow, and revenue-to-enterprise value, book value, dividend yield and earnings yield (to indicate value), historical monthly returns (to indicate momentum), and gross profitability divided by a company's total assets (to indicate quality).

The Index components are risk- and factor-adjusted twice annually, with reconstitution occurring the second Wednesday in both March and September. The Index was established with a base value of 1,000 on December 31, 2016. The components of the Index may range from 100 to 750, and the degree to which these components represent certain industries, may change over time. The Lattice Strategies LLC (""Lattice"" or the ""Adviser"") uses a ""passive"" or indexing approach to try to achieve the Fund's investment objective. Unlike many investment companies, the Fund does not try to ""beat"" the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued. Indexing may eliminate the chance that the Fund will substantially outperform the Index but also may reduce some of the risks of active management, such as over concentration.

Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies. The Fund generally invests at least 80% of its assets in the equity securities that are components of the Index. The Fund may invest the remainder of its assets in certain futures, options and swap contracts, cash and cash equivalents, including money market funds, as well as in securities not included in the Index, but which Lattice believes will help the Fund track the Index. Under normal conditions, the Fund will invest at least 80% of its net assets (plus the amount of borrowings for investment purposes) in equity securities of issuers of U.S. companies. To the extent that the Index concentrates (i.e., holds 25% or more of its total assets) in the securities of a particular industry or group of industries, the Fund will do so in approximately the same amount as the Index.

The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of the collateral received) in accordance with the Fund's securities lending program and guidelines. The Index is sponsored by Lattice. Lattice determines the composition and relative weightings of the securities in the Index and publishes information regarding the market value of the Index. The Index is calculated and distributed by Solactive AG. Additional information on the Index can be found at www.hartfordfunds.com."

LVUS Performance

Total returns for LVUS (as of 2026-10-01), from SEC filings.

Period	Total return
1 year	-6.0%

LVUS Risk Information

Risk metrics for LVUS, derived from monthly returns in SEC filings.

1-year volatility (annualised): 22.9%

LVUS Costs and Fees

LVUS costs about $19 per $10,000 invested per year in fund expenses.

Net expense ratio: 0.19%
Gross expense ratio: 0.19%
Portfolio turnover: 53%
Brokerage commissions: 0.78 bps of average net assets (SEC N-CEN)

LVUS Cashflows

Over the 12 months to 2020-06, Hartford Multifactor Low Volatility US Equity ETF had net inflows of $320.35K, from monthly SEC N-PORT filings.

Month	Net flow
2020-06	$0
2020-05	$0
2020-04	−$1.16M
2020-03	$1.49M
2020-02	$0
2020-01	$0

LVUS Debt Constituents

No individual debt constituents are reported in Hartford Multifactor Low Volatility US Equity ETF's latest SEC N-PORT filing.

LVUS Prospectus and SEC Filings

Official Hartford Multifactor Low Volatility US Equity ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Money Market funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.