That's how literally every VDOM-based framework looks, including React. Elm isn't special in this regard. It is special in many other regards, however, and I appreciate it for that. It's also interesting as one of the few languages that have parametric polymorphism but no ad-hoc polymorphism, which leads to some interesting designs. I don't like how only the BDFL is allowed to do certain things, like create new operators in external libraries, but overall, it's a very pleasant experience.
OCaml and Standard ML are two others, and I'd say OCaml is established enough that Elm is not really breaching new ground here. The main difference is that OCaml has other features you tend to use instead, particularly the module system.
OCaml is a very fun language in my experience. Apparently they were going to add ad-hoc polymorphism in the form of modular implicits, but I have no idea what happened to that.
