AOR vs. RODM
AOR (iShares Core 60/40 Balanced Allocation ETF) and RODM (Hartford Multifactor Developed Markets (ex-US) ETF) are both exchange-traded funds - AOR is a Diversified Portfolio fund tracking the S&P Target Risk Growth Index, while RODM is a Foreign Large Cap Equities fund tracking the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index. Both are passively managed. Over the past 10 years, AOR returned 8.58%/yr vs 9.24%/yr for RODM. A 0.79 correlation means they provide meaningful diversification when combined. AOR charges 0.15%/yr vs 0.29%/yr for RODM.
Performance
AOR vs. RODM - Performance Comparison
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Returns By Period
In the year-to-date period, AOR achieves a 7.85% return, which is significantly lower than RODM's 11.64% return. Over the past 10 years, AOR has underperformed RODM with an annualized return of 8.58%, while RODM has yielded a comparatively higher 9.24% annualized return.
AOR
- 1D
- 0.95%
- 1M
- 2.42%
- YTD
- 7.85%
- 6M
- 8.39%
- 1Y
- 19.38%
- 3Y*
- 13.65%
- 5Y*
- 7.09%
- 10Y*
- 8.58%
RODM
- 1D
- -0.53%
- 1M
- 0.90%
- YTD
- 11.64%
- 6M
- 12.64%
- 1Y
- 25.47%
- 3Y*
- 19.57%
- 5Y*
- 9.73%
- 10Y*
- 9.24%
AOR vs. RODM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AOR iShares Core 60/40 Balanced Allocation ETF | 7.85% | 16.44% | 10.68% | 15.75% | -15.64% | 11.19% | 11.42% | 18.91% | -5.82% | 15.80% |
RODM Hartford Multifactor Developed Markets (ex-US) ETF | 11.64% | 34.42% | 8.02% | 15.76% | -14.54% | 11.11% | -0.62% | 17.15% | -9.97% | 25.14% |
Correlation
The correlation between AOR and RODM is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Feb 26, 2015 | 0.79 |
The correlation between AOR and RODM has been stable across timeframes, ranging from 0.75 to 0.83 - a consistent structural relationship.
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Return for Risk
AOR vs. RODM — Risk / Return Rank
AOR
RODM
AOR vs. RODM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core 60/40 Balanced Allocation ETF (AOR) and Hartford Multifactor Developed Markets (ex-US) ETF (RODM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AOR | RODM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.42 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.93 | 3.60 | -0.67 |
| Martin ratioReturn relative to average drawdown | 12.60 | 14.32 | -1.72 |
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Drawdowns
AOR vs. RODM - Drawdown Comparison
The maximum AOR drawdown since its inception was -24.44%, smaller than the maximum RODM drawdown of -35.98%. Use the drawdown chart below to compare losses from any high point for AOR and RODM.
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Drawdown Indicators
| AOR | RODM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.44% | -35.98% | +11.54% |
Max Drawdown (1Y)Largest decline over 1 year | -6.64% | -7.10% | +0.46% |
Max Drawdown (3Y)Largest decline over 3 years | -9.77% | -10.58% | +0.81% |
Max Drawdown (5Y)Largest decline over 5 years | -21.72% | -28.85% | +7.13% |
Max Drawdown (10Y)Largest decline over 10 years | -22.95% | -35.98% | +13.03% |
Current DrawdownCurrent decline from peak | -0.10% | -0.84% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -3.47% | -6.36% | +2.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.54% | 1.78% | -0.24% |
Volatility
AOR vs. RODM - Volatility Comparison
iShares Core 60/40 Balanced Allocation ETF (AOR) and Hartford Multifactor Developed Markets (ex-US) ETF (RODM) have volatilities of 3.61% and 3.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AOR | RODM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.61% | 3.58% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 7.37% | 8.77% | -1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.84% | 11.01% | -2.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.63% | 13.48% | -2.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.70% | 15.22% | -4.52% |
AOR vs. RODM - Expense Ratio Comparison
AOR has a 0.15% expense ratio, which is lower than RODM's 0.29% expense ratio.
Dividends
AOR vs. RODM - Dividend Comparison
AOR's dividend yield for the trailing twelve months is around 2.46%, less than RODM's 2.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOR iShares Core 60/40 Balanced Allocation ETF | 2.46% | 2.55% | 2.66% | 2.50% | 2.12% | 1.64% | 1.89% | 2.56% | 2.49% | 4.51% | 2.16% | 2.12% |
RODM Hartford Multifactor Developed Markets (ex-US) ETF | 2.78% | 3.11% | 4.09% | 4.42% | 3.81% | 4.41% | 2.82% | 2.82% | 2.03% | 2.24% | 3.19% | 2.60% |
Frequently Asked Questions
AOR and RODM have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AOR has higher volatility (3.61%) compared to RODM (3.58%). In terms of maximum drawdown, AOR dropped -24.44% vs RODM's -35.98%.
On 10-year performance, RODM leads with 9.24% vs 8.58% for AOR. On fees, AOR is cheaper at 0.15% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, RODM has performed better with a 9.24% return vs 8.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AOR is cheaper with a 0.15% expense ratio, compared with 0.29% for RODM.
RODM has the higher dividend yield at 2.78%, compared with 2.46% for AOR.
AOR is categorized as Diversified Portfolio, while RODM is Foreign Large Cap Equities. AOR tracks S&P Target Risk Growth Index, while RODM tracks Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index. They also come from different issuers: iShares and Hartford. Their fees differ too: 0.15% for AOR and 0.29% for RODM.
RODM currently has the higher Sharpe Ratio (2.33 vs 2.21), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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