BKLN vs. RODM
BKLN (Invesco Senior Loan ETF) and RODM (Hartford Multifactor Developed Markets (ex-US) ETF) are both exchange-traded funds - BKLN is a Bank Loan fund tracking the Morningstar LSTA US Leveraged Loan 100 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, BKLN returned 4.32%/yr vs 9.24%/yr for RODM. At a 0.48 correlation, their price movements are largely independent. BKLN charges 0.65%/yr vs 0.29%/yr for RODM.
Performance
BKLN vs. RODM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BKLN achieves a -0.04% return, which is significantly lower than RODM's 11.64% return. Over the past 10 years, BKLN has underperformed RODM with an annualized return of 4.32%, while RODM has yielded a comparatively higher 9.24% annualized return.
BKLN
- 1D
- 0.15%
- 1M
- -0.24%
- YTD
- -0.04%
- 6M
- 0.36%
- 1Y
- 4.59%
- 3Y*
- 7.18%
- 5Y*
- 5.09%
- 10Y*
- 4.32%
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%
BKLN vs. RODM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BKLN Invesco Senior Loan ETF | -0.04% | 6.88% | 8.21% | 12.53% | -2.51% | 2.32% | 1.32% | 10.03% | -1.32% | 2.13% |
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 BKLN and RODM is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Feb 26, 2015 | 0.48 |
The correlation between BKLN and RODM shifts across timeframes, from 0.32 (1 year) to 0.55 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BKLN vs. RODM — Risk / Return Rank
BKLN
RODM
BKLN vs. RODM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Senior Loan ETF (BKLN) 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.
| BKLN | RODM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.65 | ||
| Sortino ratioReturn per unit of downside risk | -0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.42 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.50 | 3.60 | -2.10 |
| Martin ratioReturn relative to average drawdown | 5.88 | 14.32 | -8.44 |
Loading charts...
Drawdowns
BKLN vs. RODM - Drawdown Comparison
The maximum BKLN drawdown since its inception was -24.17%, smaller than the maximum RODM drawdown of -35.98%. Use the drawdown chart below to compare losses from any high point for BKLN and RODM.
Loading charts...
Drawdown Indicators
| BKLN | RODM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.17% | -35.98% | +11.81% |
Max Drawdown (1Y)Largest decline over 1 year | -3.07% | -7.10% | +4.03% |
Max Drawdown (3Y)Largest decline over 3 years | -3.55% | -10.58% | +7.03% |
Max Drawdown (5Y)Largest decline over 5 years | -7.31% | -28.85% | +21.54% |
Max Drawdown (10Y)Largest decline over 10 years | -24.17% | -35.98% | +11.81% |
Current DrawdownCurrent decline from peak | -0.48% | -0.84% | +0.36% |
Average DrawdownAverage peak-to-trough decline | -1.09% | -6.36% | +5.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.78% | 1.78% | -1.00% |
Volatility
BKLN vs. RODM - Volatility Comparison
The current volatility for Invesco Senior Loan ETF (BKLN) is 0.53%, while Hartford Multifactor Developed Markets (ex-US) ETF (RODM) has a volatility of 3.58%. This indicates that BKLN experiences smaller price fluctuations and is considered to be less risky than RODM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BKLN | RODM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.53% | 3.58% | -3.05% |
Volatility (6M)Calculated over the trailing 6-month period | 2.54% | 8.77% | -6.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.76% | 11.01% | -8.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.48% | 13.48% | -9.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.43% | 15.22% | -8.79% |
BKLN vs. RODM - Expense Ratio Comparison
BKLN has a 0.65% expense ratio, which is higher than RODM's 0.29% expense ratio.
Dividends
BKLN vs. RODM - Dividend Comparison
BKLN's dividend yield for the trailing twelve months is around 6.63%, more than RODM's 2.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKLN Invesco Senior Loan ETF | 6.63% | 6.95% | 8.41% | 8.59% | 4.93% | 3.11% | 3.56% | 4.86% | 4.52% | 3.50% | 4.54% | 4.12% |
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
BKLN and RODM have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RODM has higher volatility (3.58%) compared to BKLN (0.53%). In terms of maximum drawdown, BKLN dropped -24.17% vs RODM's -35.98%.
On 10-year performance, RODM leads with 9.24% vs 4.32% for BKLN. On fees, RODM is cheaper at 0.29% per year. On volatility, BKLN has been the lower-risk option at 0.53%. 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 4.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RODM is cheaper with a 0.29% expense ratio, compared with 0.65% for BKLN.
BKLN has the higher dividend yield at 6.63%, compared with 2.78% for RODM.
BKLN is categorized as Bank Loan, while RODM is Foreign Large Cap Equities. BKLN tracks Morningstar LSTA US Leveraged Loan 100 Index, while RODM tracks Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index. They also come from different issuers: Invesco and Hartford. Their fees differ too: 0.65% for BKLN and 0.29% for RODM.
RODM currently has the higher Sharpe Ratio (2.33 vs 1.68), 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.
Find the right allocation for BKLN and RODM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer