BKIE vs. RODM

Last updated Jun 25, 2026

BKIE (BNY Mellon International Equity ETF) and RODM (Hartford Multifactor Developed Markets (ex-US) ETF) are both Foreign Large Cap Equities funds - BKIE tracks the Morningstar Developed Markets ex-US Large Cap Index while RODM tracks the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index. Both are passively managed. Over the past 5 years, BKIE returned 9.05%/yr vs 9.54%/yr for RODM. Their correlation of 0.95 suggests significant overlap in exposure. BKIE charges 0.04%/yr vs 0.29%/yr for RODM.

Performance

BKIE vs. RODM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon International Equity ETF (BKIE) and Hartford Multifactor Developed Markets (ex-US) ETF (RODM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BKIE achieves a 7.83% return, which is significantly lower than RODM's 9.95% return.

BKIE

• 1D: -0.34%
• 1M: -0.28%
• YTD: 7.83%
• 6M: 7.45%
• 1Y: 21.10%
• 3Y*: 17.18%
• 5Y*: 9.05%
• 10Y*: —

RODM

• 1D: -0.18%
• 1M: -1.99%
• YTD: 9.95%
• 6M: 9.50%
• 1Y: 22.82%
• 3Y*: 20.09%
• 5Y*: 9.54%
• 10Y*: 9.29%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BKIE vs. RODM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BKIE BNY Mellon International Equity ETF	7.83%	32.08%	4.63%	18.25%	-13.60%	13.75%	34.17%
RODM Hartford Multifactor Developed Markets (ex-US) ETF	9.95%	34.42%	8.02%	15.76%	-14.54%	11.11%	29.72%

Correlation

The correlation between BKIE and RODM is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (All Time) Calculated using the full available price history since Apr 24, 2020	0.95

The correlation between BKIE and RODM has been stable across timeframes, ranging from 0.88 to 0.95 - a consistent structural relationship.

BKIE vs. RODM - Sectors Allocation Comparison

Sectors	BKIE	RODM
Financial Services	25.9%	26.6%
Industrials	18.2%	16.7%
Technology	10.9%	10.5%
Healthcare	8.9%	9.0%
Consumer Cyclical	7.4%	6.0%
Basic Materials	7.3%	6.4%
Consumer Defensive	6.2%	4.0%
Energy	5.5%	6.3%
Communication Services	4.4%	5.5%
Utilities	3.5%	4.8%
Real Estate	1.9%	3.5%

Return for Risk

BKIE vs. RODM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BKIE

BKIE Risk / Return Rank: 44
BKIE Sharpe Ratio Rank: 44
BKIE Sortino Ratio Rank: 44
BKIE Omega Ratio Rank: 43
BKIE Calmar Ratio Rank: 40
BKIE Martin Ratio Rank: 47

RODM

RODM Risk / Return Rank: 74
RODM Sharpe Ratio Rank: 75
RODM Sortino Ratio Rank: 76
RODM Omega Ratio Rank: 74
RODM Calmar Ratio Rank: 72
RODM Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BKIE vs. RODM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon International Equity ETF (BKIE) 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.

	BKIE	RODM	Difference
Sharpe ratio: Return per unit of total volatility	1.40	2.10	-0.70
Sortino ratio: Return per unit of downside risk	2.02	2.98	-0.96
Omega ratio: Gain probability vs. loss probability	1.25	1.38	-0.13
Calmar ratio: Return relative to maximum drawdown	1.86	3.23	-1.37
Martin ratio: Return relative to average drawdown	7.14	12.73	-5.58

BKIE vs. RODM - Sharpe Ratio Comparison

The current BKIE Sharpe Ratio is 1.40, which is lower than the RODM Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of BKIE and RODM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BKIE vs. RODM - Drawdown Comparison

The maximum BKIE drawdown since its inception was -28.19%, smaller than the maximum RODM drawdown of -35.98%. Use the drawdown chart below to compare losses from any high point for BKIE and RODM.

Drawdown Indicators

	BKIE	RODM	Difference
Max Drawdown Largest peak-to-trough decline	-28.19%	-35.98%	+7.79%
Max Drawdown (1Y) Largest decline over 1 year	-11.41%	-7.10%	-4.31%
Max Drawdown (3Y) Largest decline over 3 years	-13.19%	-10.58%	-2.61%
Max Drawdown (5Y) Largest decline over 5 years	-28.19%	-28.85%	+0.66%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.98%	—
Current Drawdown Current decline from peak	-2.20%	-2.34%	+0.14%
Average Drawdown Average peak-to-trough decline	-4.94%	-6.35%	+1.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	1.80%	+1.16%

Volatility

BKIE vs. RODM - Volatility Comparison

BNY Mellon International Equity ETF (BKIE) has a higher volatility of 4.96% compared to Hartford Multifactor Developed Markets (ex-US) ETF (RODM) at 3.21%. This indicates that BKIE's price experiences larger fluctuations and is considered to be riskier than RODM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKIE	RODM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.96%	3.21%	+1.75%
Volatility (6M) Calculated over the trailing 6-month period	12.84%	8.76%	+4.08%
Volatility (1Y) Calculated over the trailing 1-year period	15.13%	10.94%	+4.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.20%	13.45%	+2.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.36%	15.07%	+1.29%

BKIE vs. RODM - Expense Ratio Comparison

BKIE has a 0.04% expense ratio, which is lower than RODM's 0.29% expense ratio.

Dividends

BKIE vs. RODM - Dividend Comparison

BKIE's dividend yield for the trailing twelve months is around 3.28%, more than RODM's 2.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BKIE BNY Mellon International Equity ETF	3.28%	3.12%	3.31%	2.88%	2.97%	2.58%	1.49%	0.00%	0.00%	0.00%	0.00%	0.00%
RODM Hartford Multifactor Developed Markets (ex-US) ETF	2.83%	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

Can I hold both BKIE and RODM in my portfolio?

BKIE and RODM have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BKIE or RODM?

BKIE has higher volatility (4.96%) compared to RODM (3.21%). In terms of maximum drawdown, BKIE dropped -28.19% vs RODM's -35.98%.

Which ETF is better, BKIE or RODM?

On 5-year performance, RODM leads with 9.54% vs 9.05% for BKIE. On fees, BKIE is cheaper at 0.04% per year. On volatility, RODM has been the lower-risk option at 3.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BKIE or RODM?

Over the 5-year period, RODM has performed better with a 9.54% return vs 9.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BKIE or RODM?

BKIE is cheaper with a 0.04% expense ratio, compared with 0.29% for RODM.

Which ETF pays a higher dividend yield, BKIE or RODM?

BKIE has the higher dividend yield at 3.28%, compared with 2.83% for RODM.

What is the main difference between BKIE and RODM?

BKIE tracks Morningstar Developed Markets ex-US Large Cap Index, while RODM tracks Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index. They also come from different issuers: BNY Mellon and Hartford. Their fees differ too: 0.04% for BKIE and 0.29% for RODM.

Which has better risk-adjusted returns?

RODM currently has the higher Sharpe Ratio (2.10 vs 1.40), 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.