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FRGN vs. RODM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FRGN vs. RODM

Last updated Jun 24, 2026

FRGN (Horizon International Equity ETF) and RODM (Hartford Multifactor Developed Markets (ex-US) ETF) are both Foreign Large Cap Equities funds. FRGN is actively managed, while RODM is passively managed. A 0.76 correlation means they provide meaningful diversification when combined. FRGN charges 0.75%/yr vs 0.29%/yr for RODM.

Performance

FRGN vs. RODM - Performance Comparison

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

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Returns By Period

In the year-to-date period, FRGN achieves a 21.88% return, which is significantly higher than RODM's 9.95% return.

FRGN

1D
-3.30%
1M
1.00%
YTD
21.88%
6M
21.77%
1Y
—
3Y*
—
5Y*
—
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)

FRGN vs. RODM - Yearly Performance Comparison

2026 (YTD)2025
FRGN
Horizon International Equity ETF		21.88%1.47%
RODM
Hartford Multifactor Developed Markets (ex-US) ETF		9.95%2.77%

Correlation

The correlation between FRGN and RODM is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (All Time)
Calculated using the full available price history since Dec 3, 2025

0.76

FRGN vs. RODM - Sectors Allocation Comparison

Sectors
FRGN
RODM

Technology

23.2%
10.5%

Basic Materials

10.3%
6.4%

Energy

8.7%
6.3%

Communication Services

4.9%
5.5%

Real Estate

1.4%
3.5%

Utilities

1.2%
4.8%

Financial Services

1.1%
26.6%

Consumer Cyclical

0.4%
6.0%

Healthcare

0.3%
9.0%

Industrials

0.3%
16.7%

Consumer Defensive

0.2%
4.0%

Technology

FRGN
23.2%
RODM
10.5%

Basic Materials

FRGN
10.3%
RODM
6.4%

Energy

FRGN
8.7%
RODM
6.3%

Communication Services

FRGN
4.9%
RODM
5.5%

Real Estate

FRGN
1.4%
RODM
3.5%

Utilities

FRGN
1.2%
RODM
4.8%

Financial Services

FRGN
1.1%
RODM
26.6%

Consumer Cyclical

FRGN
0.4%
RODM
6.0%

Healthcare

FRGN
0.3%
RODM
9.0%

Industrials

FRGN
0.3%
RODM
16.7%

Consumer Defensive

FRGN
0.2%
RODM
4.0%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Horizon International Equity ETF

Hartford Multifactor Developed Markets (ex-US) ETF

Often compared with FRGN:
FRGN vs. SFTXFRGN vs. YNOTFRGN vs. SMOXFRGN vs. HBTAFRGN vs. GMOIFRGN vs. QGRDFRGN vs. SFTY
Often compared with RODM:
RODM vs. GLOFRODM vs. NSRIXRODM vs. VEARODM vs. SCHFRODM vs. VYMIRODM vs. SPMORODM vs. IVLU

Return for Risk

FRGN vs. RODM — Risk / Return Rank

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

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

RODM
RODM Risk / Return Rank: 7474
Overall Rank
RODM Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
RODM Sortino Ratio Rank: 7676
Sortino Ratio Rank
RODM Omega Ratio Rank: 7474
Omega Ratio Rank
RODM Calmar Ratio Rank: 7272
Calmar Ratio Rank
RODM Martin Ratio Rank: 7676
Martin Ratio Rank
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.

FRGN vs. RODM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Horizon International Equity ETF (FRGN) 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.

FRGNRODMDifference
Sharpe ratioReturn per unit of total volatility

—

2.10

—

Sortino ratioReturn per unit of downside risk

—

2.98

—

Omega ratioGain probability vs. loss probability

—

1.38

—

Calmar ratioReturn relative to maximum drawdown

—

3.23

—

Martin ratioReturn relative to average drawdown

—

12.73

—

FRGN vs. RODM - Sharpe Ratio Comparison

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Drawdowns

FRGN vs. RODM - Drawdown Comparison

The maximum FRGN drawdown since its inception was -12.40%, smaller than the maximum RODM drawdown of -35.98%. Use the drawdown chart below to compare losses from any high point for FRGN and RODM.

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Drawdown Indicators

FRGNRODMDifference

Max Drawdown

Largest peak-to-trough decline

-12.40%

-35.98%

+23.58%

Max Drawdown (1Y)

Largest decline over 1 year

—

-7.10%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-10.58%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-28.85%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.98%

—

Current Drawdown

Current decline from peak

-3.30%

-2.34%

-0.96%

Average Drawdown

Average peak-to-trough decline

-2.36%

-6.35%

+3.99%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

1.80%

—

Volatility

FRGN vs. RODM - Volatility Comparison

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Volatility by Period

FRGNRODMDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

3.21%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

8.76%

—

Volatility (1Y)

Calculated over the trailing 1-year period

22.41%

10.94%

+11.47%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.41%

13.45%

+8.96%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.41%

15.07%

+7.34%

FRGN vs. RODM - Expense Ratio Comparison

FRGN has a 0.75% expense ratio, which is higher than RODM's 0.29% expense ratio.

Dividends

FRGN vs. RODM - Dividend Comparison

FRGN's dividend yield for the trailing twelve months is around 0.21%, less than RODM's 2.83% yield.

PositionTTM20252024202320222021202020192018201720162015
FRGN
Horizon International Equity ETF		0.21%0.25%0.00%0.00%0.00%0.00%0.00%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

FRGN and RODM have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, RODM is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

RODM is cheaper with a 0.29% expense ratio, compared with 0.75% for FRGN.

RODM has the higher dividend yield at 2.83%, compared with 0.21% for FRGN.

They also come from different issuers: Horizon and Hartford. Their fees differ too: 0.75% for FRGN and 0.29% for RODM.

Portfolio Optimizer

Find the right allocation for FRGN 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.

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