Intrinsic Value of S&P & Nasdaq Contact Us

Hartford Multifactor Emerging Markets ETF ROAM

NYSE

SharesGrow Intrinsic Value
N/A
Negative cash flow

Hartford Multifactor Emerging Markets ETF (ROAM) current share price is $33.43. The gold spot price is $4,830.80 per troy ounce. Using the formula: ROAM in gold = $33.43 × 31.1035 ÷ $4,830.80 = 0.2152 grams of gold per share.

The Real Wealth Growth Rate measures the Compound Annual Growth Rate (CAGR) of ROAM when denominated in gold. A positive rate means the stock has outperformed gold as a store of value, while a negative rate indicates gold has been a better wealth preserver than holding ROAM shares over the measured period.

ROAM in US Dollars
Gold in US Dollars
ROAM in Gold (grams per share)

Real Wealth Growth Rate

ROAM
Computing…

"Real Wealth Growth Rate" measures the annualised compound growth rate (CAGR) of a stock when priced in gold — hard money that cannot be printed. A positive value means genuine wealth creation. A negative value means purchasing power is shrinking, even if the dollar price rises.

Step 1 — Express share price in grams of gold
$$\text{ROAM}_{\text{gold}}(t) = \frac{P_{\text{ROAM}}(t) \times 31.1035}{P_{\text{gold}}(t)}$$
$P_\text{ROAM}$ = stock price in USD, $P_\text{gold}$ = gold spot in USD/troy oz, $31.1035$ = grams per troy ounce.
Step 2 — Real Wealth Growth Rate (CAGR in gold terms)
$$\text{Real Wealth Growth Rate} = \left(\frac{\text{ROAM}_{\text{gold}}^{(T)}}{\text{ROAM}_{\text{gold}}^{(0)}}\right)^{\!\frac{1}{T}} - 1$$
$\text{ROAM}_\text{gold}^{(0)}$ = initial gold-price, $\text{ROAM}_\text{gold}^{(T)}$ = current gold-price, $T$ = number of years. A positive result means the stock outpaces gold.

Real Wealth Growth Rate Rankings — 20 Years

Computing…

People Also View

RODM
RODM
Hartford Multifactor Developed Markets (ex-US) ETF
$41.16
-0.27%
ROUS
ROUS
Hartford Multifactor US Equity ETF
$61.74
-0.02%
TLTE
TLTE
FlexShares Morningstar Emerging Markets Factor Tilt Index Fund
$72.87
+0.19%
RFEM
RFEM
First Trust RiverFront Dynamic Emerging Markets ETF
$88.94
+0.34%
QEMM
QEMM
SPDR MSCI Emerging Markets StrategicFactors ETF
$74.89
+0.30%
Contact Us
🎓
SharesGrow Academy
Learn how to calculate Intrinsic Value and find undervalued stocks.
Weekly live sessions
Send us a message