RORE — Hartford Multifactor REIT ETF
Data updated: 2020-08-25
RORE — Hartford Multifactor REIT ETF. Money Market · $3.07M AUM · 0.45% expense ratio · -18.1% 1-yr return. Holdings, fees, performance and SEC filings.
RORE Fund Overview
RORE — Hartford Multifactor REIT 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: $3.07M
- 1-year return: -18.1%
- Ticker: RORE
- SEC CIK: 0001605803
- SEC series ID: S000047585
- Share class ID: C000149408
RORE Investment Objective and Strategy
Hartford Multifactor REIT 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 publicly traded real estate investment trusts.
Principal investment strategy
"The Fund seeks to provide investment results that correspond to the total return performance of the Hartford Risk-Optimized Multifactor REIT Index (LROREX) (the ""Index""), which is designed to capture the income and growth potential of investing within the U.S. real estate investment trust (""REIT"") universe. The Index selects equity securities of REITs exhibiting a favorable combination of factor characteristics, including quality, momentum, and value. The Index is built with a rules-based, proprietary methodology, which employs a multi-layered risk-controlled approach that seeks to improve diversification and manage risks versus the cap-weighted universe. Specifically, the Index seeks to select companies exhibiting attractive risk premium profiles while managing overall volatility levels and active risks.
The Index's components are risk- and factor-adjusted twice annually, with reconstitution and rebalance occurring in March and September. The Index was established with a base value of 1,000 on December 31, 2015. The components of the Index, and the degree to which these components represent certain industries, may change over time. Risk-Optimized refers to the approach Lattice Strategies LLC (""Lattice"" or the ""Adviser"") takes in the development and management of the Index. Each strategy index developed by Lattice seeks to address identified risks within its asset class. For example, country, company, and currency concentrations, valuation insensitivity, and other unmanaged risk factors may be addressed through the index management process. Risk-optimized does not mean ""lower risk"" in all cases, but rather refers to the deliberate and intentional re-allocation of specific risks.
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 securities of the Index and in depositary receipts representing securities 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 the portfolio manager believe 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 securities of REITs. 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."
RORE Performance
Total returns for RORE (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -18.1% |
RORE Risk Information
Risk metrics for RORE, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 30.1%
RORE Costs and Fees
RORE costs about $45 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.45%
- Gross expense ratio: 0.45%
- Portfolio turnover: 50%
- Brokerage commissions: 2.91 bps of average net assets (SEC N-CEN)
RORE Cashflows
Over the 12 months to 2020-06, Hartford Multifactor REIT ETF had net outflows of $13.69M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-06 | −$659.64K |
| 2020-05 | $0 |
| 2020-04 | $0 |
| 2020-03 | $0 |
| 2020-02 | $0 |
| 2020-01 | −$3.26M |
RORE Debt Constituents
No individual debt constituents are reported in Hartford Multifactor REIT ETF's latest SEC N-PORT filing.
RORE Prospectus and SEC Filings
Official Hartford Multifactor REIT ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-02-13
- Prospectus (485BPOS) — filed 2019-02-13
- Prospectus (485BPOS) — filed 2018-02-15
- Portfolio holdings (N-PORT) — filed 2020-08-25
- Portfolio holdings (N-PORT) — filed 2020-05-29
- Portfolio holdings (N-PORT) — filed 2020-02-25
- Annual census (N-CEN) — filed 2019-12-13
- Annual census (N-CEN) — filed 2018-12-14
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.