RODE vs. RNEM ETF Comparison
Comparison of Hartford Multifactor Diversified International ETF (RODE) to First Trust Emerging Markets Equity Select ETF (RNEM)
RODE
Hartford Multifactor Diversified International ETF
RODE Description
The investment seeks to provide investment results that correspond to the total return performance of the Hartford Multifactor Diversified International Index. The fund generally invests at least 80% of its assets in the equity securities that are components of the index and in depositary receipts (such as American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and European Depositary Receipts (EDRs)) representing securities of the index. The index is designed to enhance return potential available from investment in a capitalization-weighted universe of developed and emerging markets located outside the U.S.
Grade (RS Rating)
Last Trade
$28.60
Average Daily Volume
1,085
23
RNEM
First Trust Emerging Markets Equity Select ETF
RNEM Description
The Emerging Markets Equity Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze Emerging Markets Equity Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and depositary receipts that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").Grade (RS Rating)
Last Trade
$51.34
Average Daily Volume
1,134
8
Performance
Period | RODE | RNEM |
---|---|---|
30 Days | -2.79% | -2.95% |
60 Days | -2.12% | -5.95% |
90 Days | -1.99% | -4.43% |
12 Months | 14.34% | 5.37% |
RODE Overweight 21 Positions Relative to RNEM
RODE: Top Represented Industries & Keywords
RNEM: Top Represented Industries & Keywords