HCRB vs. ROAM
HCRB (Hartford Core Bond ETF) and ROAM (Hartford Multifactor Emerging Markets ETF) are both exchange-traded funds - HCRB is a Intermediate Core Bond fund actively managed by Hartford, while ROAM is a Emerging Markets Equities fund tracking the Hartford Multifactor Emerging Markets Equity Index. HCRB is actively managed, while ROAM is passively managed. Over the past 5 years, HCRB returned 0.25%/yr vs 12.89%/yr for ROAM. At a 0.13 correlation, their price movements are largely independent. HCRB charges 0.29%/yr vs 0.44%/yr for ROAM.
Performance
HCRB vs. ROAM - Performance Comparison
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Returns By Period
In the year-to-date period, HCRB achieves a 0.41% return, which is significantly lower than ROAM's 28.89% return.
HCRB
- 1D
- -0.03%
- 1M
- 0.19%
- YTD
- 0.41%
- 6M
- 0.45%
- 1Y
- 5.49%
- 3Y*
- 4.50%
- 5Y*
- 0.25%
- 10Y*
- —
ROAM
- 1D
- 0.21%
- 1M
- 9.77%
- YTD
- 28.89%
- 6M
- 30.80%
- 1Y
- 54.74%
- 3Y*
- 26.68%
- 5Y*
- 12.89%
- 10Y*
- 10.04%
HCRB vs. ROAM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
HCRB Hartford Core Bond ETF | 0.41% | 7.06% | 2.23% | 6.98% | -14.61% | -1.79% | 6.78% |
ROAM Hartford Multifactor Emerging Markets ETF | 28.89% | 32.08% | 6.21% | 21.28% | -14.78% | 9.32% | 8.23% |
Correlation
The correlation between HCRB and ROAM is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2020 | 0.13 |
Over the past year, HCRB and ROAM have become more correlated (0.36) than their long-term average of 0.13, meaning their price movements have been converging.
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Return for Risk
HCRB vs. ROAM — Risk / Return Rank
HCRB
ROAM
HCRB vs. ROAM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Core Bond ETF (HCRB) and Hartford Multifactor Emerging Markets ETF (ROAM). 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.
| HCRB | ROAM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.45 | 3.71 | -2.26 |
Sortino ratioReturn per unit of downside risk | 2.16 | 4.74 | -2.58 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.67 | -0.41 |
Calmar ratioReturn relative to maximum drawdown | 1.85 | 5.59 | -3.74 |
Martin ratioReturn relative to average drawdown | 5.66 | 21.20 | -15.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HCRB | ROAM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.45 | 3.71 | -2.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | 0.85 | -0.81 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.56 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.39 | -0.25 |
Drawdowns
HCRB vs. ROAM - Drawdown Comparison
The maximum HCRB drawdown since its inception was -19.90%, smaller than the maximum ROAM drawdown of -45.47%. Use the drawdown chart below to compare losses from any high point for HCRB and ROAM.
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Drawdown Indicators
| HCRB | ROAM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.90% | -45.47% | +25.57% |
Max Drawdown (1Y)Largest decline over 1 year | -2.82% | -9.92% | +7.10% |
Max Drawdown (3Y)Largest decline over 3 years | -6.18% | -16.79% | +10.61% |
Max Drawdown (5Y)Largest decline over 5 years | -19.42% | -27.07% | +7.65% |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.47% | — |
Current DrawdownCurrent decline from peak | -1.63% | 0.00% | -1.63% |
Average DrawdownAverage peak-to-trough decline | -7.02% | -11.14% | +4.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 2.62% | -1.70% |
Volatility
HCRB vs. ROAM - Volatility Comparison
The current volatility for Hartford Core Bond ETF (HCRB) is 1.30%, while Hartford Multifactor Emerging Markets ETF (ROAM) has a volatility of 6.16%. This indicates that HCRB experiences smaller price fluctuations and is considered to be less risky than ROAM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HCRB | ROAM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.30% | 6.16% | -4.86% |
Volatility (6M)Calculated over the trailing 6-month period | 2.71% | 12.63% | -9.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.82% | 14.83% | -11.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.13% | 15.22% | -9.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.96% | 17.87% | -11.91% |
HCRB vs. ROAM - Expense Ratio Comparison
HCRB has a 0.29% expense ratio, which is lower than ROAM's 0.44% expense ratio.
Dividends
HCRB vs. ROAM - Dividend Comparison
HCRB's dividend yield for the trailing twelve months is around 4.18%, more than ROAM's 2.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HCRB Hartford Core Bond ETF | 4.18% | 4.12% | 4.15% | 3.39% | 2.18% | 1.47% | 1.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ROAM Hartford Multifactor Emerging Markets ETF | 2.46% | 3.17% | 4.15% | 5.40% | 5.23% | 4.22% | 3.04% | 3.55% | 2.54% | 1.84% | 1.89% | 2.25% |
Frequently Asked Questions
HCRB and ROAM have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ROAM has higher volatility (6.16%) compared to HCRB (1.30%). In terms of maximum drawdown, HCRB dropped -19.90% vs ROAM's -45.47%.
On 5-year performance, ROAM leads with 12.89% vs 0.25% for HCRB. On fees, HCRB is cheaper at 0.29% per year. On volatility, HCRB has been the lower-risk option at 1.30%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, ROAM has performed better with a 12.89% return vs 0.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
HCRB is cheaper with a 0.29% expense ratio, compared with 0.44% for ROAM.
HCRB has the higher dividend yield at 4.18%, compared with 2.46% for ROAM.
HCRB is categorized as Intermediate Core Bond, while ROAM is Emerging Markets Equities. Their fees differ too: 0.29% for HCRB and 0.44% for ROAM.
ROAM currently has the higher Sharpe Ratio (3.71 vs 1.45), 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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