GSIE vs. RODM

Last updated Jun 25, 2026

GSIE (Goldman Sachs ActiveBeta International Equity ETF) and RODM (Hartford Multifactor Developed Markets (ex-US) ETF) are both Foreign Large Cap Equities funds - GSIE tracks the Goldman Sachs ActiveBeta International Equity Index while RODM tracks the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index. Both are passively managed. Over the past 10 years, GSIE returned 9.65%/yr vs 9.29%/yr for RODM. Their correlation of 0.91 suggests significant overlap in exposure. GSIE charges 0.25%/yr vs 0.29%/yr for RODM.

Performance

GSIE vs. RODM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs ActiveBeta International Equity ETF (GSIE) 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, GSIE achieves a 5.22% return, which is significantly lower than RODM's 9.95% return. Both investments have delivered pretty close results over the past 10 years, with GSIE having a 9.65% annualized return and RODM not far behind at 9.29%.

GSIE

• 1D: -1.43%
• 1M: -1.31%
• YTD: 5.22%
• 6M: 4.73%
• 1Y: 17.08%
• 3Y*: 16.36%
• 5Y*: 7.83%
• 10Y*: 9.65%

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)

GSIE vs. RODM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GSIE Goldman Sachs ActiveBeta International Equity ETF	5.22%	32.53%	5.23%	16.99%	-15.86%	13.27%	7.45%	22.83%	-13.40%	26.22%
RODM Hartford Multifactor Developed Markets (ex-US) ETF	9.95%	34.42%	8.02%	15.76%	-14.54%	11.11%	-0.62%	17.15%	-9.97%	25.14%

Correlation

The correlation between GSIE and RODM is 0.90, 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	0.90
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	0.94
Correlation (All Time) Calculated using the full available price history since Nov 10, 2015	0.91

The correlation between GSIE and RODM has been stable across timeframes, ranging from 0.90 to 0.96 - a consistent structural relationship.

GSIE vs. RODM - Sectors Allocation Comparison

Sectors	GSIE	RODM
Financial Services	26.4%	26.6%
Industrials	18.9%	16.7%
Technology	9.9%	10.5%
Healthcare	9.3%	9.0%
Consumer Cyclical	8.7%	6.0%
Consumer Defensive	7.5%	4.0%
Basic Materials	6.2%	6.4%
Energy	4.6%	6.3%
Communication Services	4.1%	5.5%
Utilities	3.3%	4.8%
Real Estate	1.2%	3.5%

Return for Risk

GSIE vs. RODM — Risk / Return Rank

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

GSIE

GSIE Risk / Return Rank: 37
GSIE Sharpe Ratio Rank: 36
GSIE Sortino Ratio Rank: 36
GSIE Omega Ratio Rank: 35
GSIE Calmar Ratio Rank: 35
GSIE Martin Ratio Rank: 41

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.

GSIE vs. RODM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ActiveBeta International Equity ETF (GSIE) 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.

	GSIE	RODM	Difference
Sharpe ratio: Return per unit of total volatility	1.18	2.10	-0.92
Sortino ratio: Return per unit of downside risk	1.73	2.98	-1.25
Omega ratio: Gain probability vs. loss probability	1.21	1.38	-0.17
Calmar ratio: Return relative to maximum drawdown	1.59	3.23	-1.63
Martin ratio: Return relative to average drawdown	6.00	12.73	-6.73

GSIE vs. RODM - Sharpe Ratio Comparison

The current GSIE Sharpe Ratio is 1.18, which is lower than the RODM Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of GSIE 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

GSIE vs. RODM - Drawdown Comparison

The maximum GSIE drawdown since its inception was -34.63%, roughly equal to the maximum RODM drawdown of -35.98%. Use the drawdown chart below to compare losses from any high point for GSIE and RODM.

Drawdown Indicators

	GSIE	RODM	Difference
Max Drawdown Largest peak-to-trough decline	-34.63%	-35.98%	+1.35%
Max Drawdown (1Y) Largest decline over 1 year	-10.76%	-7.10%	-3.66%
Max Drawdown (3Y) Largest decline over 3 years	-13.07%	-10.58%	-2.49%
Max Drawdown (5Y) Largest decline over 5 years	-29.97%	-28.85%	-1.12%
Max Drawdown (10Y) Largest decline over 10 years	-34.63%	-35.98%	+1.35%
Current Drawdown Current decline from peak	-3.37%	-2.34%	-1.03%
Average Drawdown Average peak-to-trough decline	-6.03%	-6.35%	+0.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.86%	1.80%	+1.06%

Volatility

GSIE vs. RODM - Volatility Comparison

Goldman Sachs ActiveBeta International Equity ETF (GSIE) has a higher volatility of 4.78% compared to Hartford Multifactor Developed Markets (ex-US) ETF (RODM) at 3.21%. This indicates that GSIE'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

	GSIE	RODM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.78%	3.21%	+1.57%
Volatility (6M) Calculated over the trailing 6-month period	12.26%	8.76%	+3.50%
Volatility (1Y) Calculated over the trailing 1-year period	14.61%	10.94%	+3.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.12%	13.45%	+2.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.55%	15.07%	+1.48%

GSIE vs. RODM - Expense Ratio Comparison

GSIE has a 0.25% expense ratio, which is lower than RODM's 0.29% expense ratio.

Dividends

GSIE vs. RODM - Dividend Comparison

GSIE's dividend yield for the trailing twelve months is around 1.30%, less than RODM's 2.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GSIE Goldman Sachs ActiveBeta International Equity ETF	1.30%	2.65%	3.11%	2.87%	3.01%	2.40%	1.60%	2.80%	2.68%	2.31%	2.15%	0.13%
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 GSIE and RODM in my portfolio?

With a correlation of 0.90, GSIE and RODM 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.

Which is riskier, GSIE or RODM?

GSIE has higher volatility (4.78%) compared to RODM (3.21%). In terms of maximum drawdown, GSIE dropped -34.63% vs RODM's -35.98%.

Which ETF is better, GSIE or RODM?

On 10-year performance, GSIE leads with 9.65% vs 9.29% for RODM. On fees, GSIE is cheaper at 0.25% 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, GSIE or RODM?

Over the 10-year period, GSIE has performed better with a 9.65% return vs 9.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GSIE or RODM?

GSIE is cheaper with a 0.25% expense ratio, compared with 0.29% for RODM.

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

RODM has the higher dividend yield at 2.83%, compared with 1.30% for GSIE.

What is the main difference between GSIE and RODM?

GSIE tracks Goldman Sachs ActiveBeta International Equity Index, while RODM tracks Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index. They also come from different issuers: Goldman Sachs and Hartford. Their fees differ too: 0.25% for GSIE and 0.29% for RODM.

Which has better risk-adjusted returns?

RODM currently has the higher Sharpe Ratio (2.10 vs 1.18), 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.