BRMKX vs. SMDIX
BRMKX (iShares Russell Mid-Cap Index Fund) and SMDIX (Hartford Schroders US MidCap Opportunities Fund) are both Mid Cap Blend Equities funds. Over the past 10 years, BRMKX returned 11.52%/yr vs 10.86%/yr for SMDIX. With a 0.96 correlation, they move nearly in lockstep. BRMKX charges 0.06%/yr vs 0.89%/yr for SMDIX.
Performance
BRMKX vs. SMDIX - Performance Comparison
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Returns By Period
In the year-to-date period, BRMKX achieves a 15.01% return, which is significantly lower than SMDIX's 18.30% return. Over the past 10 years, BRMKX has outperformed SMDIX with an annualized return of 11.52%, while SMDIX has yielded a comparatively lower 10.86% annualized return.
BRMKX
- 1D
- 0.45%
- 1M
- 2.36%
- 6M
- 9.77%
- YTD
- 15.01%
- 1Y
- 19.09%
- 3Y*
- 15.32%
- 5Y*
- 8.90%
- 10Y*
- 11.52%
SMDIX
- 1D
- 0.76%
- 1M
- 3.50%
- 6M
- 13.07%
- YTD
- 18.30%
- 1Y
- 26.85%
- 3Y*
- 14.70%
- 5Y*
- 9.76%
- 10Y*
- 10.86%
BRMKX vs. SMDIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BRMKX iShares Russell Mid-Cap Index Fund | 15.01% | 10.48% | 15.28% | 17.30% | -17.22% | 22.52% | 17.17% | 30.47% | -9.09% | 17.74% |
SMDIX Hartford Schroders US MidCap Opportunities Fund | 18.30% | 7.45% | 15.41% | 12.69% | -12.44% | 26.06% | 9.17% | 28.05% | -11.03% | 15.58% |
Correlation
The correlation between BRMKX and SMDIX is 0.94, 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 | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.96 |
The correlation between BRMKX and SMDIX has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.
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Return for Risk
BRMKX vs. SMDIX — Risk / Return Rank
BRMKX
SMDIX
BRMKX vs. SMDIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Mid-Cap Index Fund (BRMKX) and Hartford Schroders US MidCap Opportunities Fund (SMDIX). 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.
| BRMKX | SMDIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.36 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.50 | 3.83 | -1.33 |
| Martin ratioReturn relative to average drawdown | 9.58 | 14.84 | -5.26 |
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Drawdowns
BRMKX vs. SMDIX - Drawdown Comparison
The maximum BRMKX drawdown since its inception was -40.20%, smaller than the maximum SMDIX drawdown of -48.26%. Use the drawdown chart below to compare losses from any high point for BRMKX and SMDIX.
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Drawdown Indicators
| BRMKX | SMDIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.20% | -48.26% | +8.06% |
Max Drawdown (1Y)Largest decline over 1 year | -8.17% | -7.40% | -0.77% |
Max Drawdown (3Y)Largest decline over 3 years | -21.07% | -20.25% | -0.82% |
Max Drawdown (5Y)Largest decline over 5 years | -26.04% | -20.87% | -5.17% |
Max Drawdown (10Y)Largest decline over 10 years | -40.20% | -40.70% | +0.50% |
Current DrawdownCurrent decline from peak | -0.56% | -0.13% | -0.43% |
Average DrawdownAverage peak-to-trough decline | -5.59% | -6.43% | +0.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.13% | 1.91% | +0.22% |
Volatility
BRMKX vs. SMDIX - Volatility Comparison
iShares Russell Mid-Cap Index Fund (BRMKX) has a higher volatility of 3.21% compared to Hartford Schroders US MidCap Opportunities Fund (SMDIX) at 2.84%. This indicates that BRMKX's price experiences larger fluctuations and is considered to be riskier than SMDIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BRMKX | SMDIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.21% | 2.84% | +0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 10.38% | 9.73% | +0.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.76% | 13.62% | +0.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.29% | 16.22% | +2.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.26% | 17.87% | +1.39% |
BRMKX vs. SMDIX - Expense Ratio Comparison
BRMKX has a 0.06% expense ratio, which is lower than SMDIX's 0.89% expense ratio.
Dividends
BRMKX vs. SMDIX - Dividend Comparison
BRMKX's dividend yield for the trailing twelve months is around 4.82%, less than SMDIX's 8.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRMKX iShares Russell Mid-Cap Index Fund | 4.82% | 5.92% | 6.43% | 3.02% | 3.67% | 4.07% | 2.86% | 3.95% | 3.87% | 19.24% | 2.11% | 0.00% |
SMDIX Hartford Schroders US MidCap Opportunities Fund | 8.33% | 9.86% | 8.53% | 1.69% | 3.28% | 15.04% | 0.32% | 0.91% | 2.45% | 1.51% | 1.72% | 11.55% |
Frequently Asked Questions
With a correlation of 0.94, BRMKX and SMDIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
BRMKX has higher volatility (3.21%) compared to SMDIX (2.84%). In terms of maximum drawdown, BRMKX dropped -40.20% vs SMDIX's -48.26%.
SMDIX currently has the higher Sharpe Ratio (2.08 vs 1.48), 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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