HDMV vs. RODM
Compare and contrast key facts about First Trust Horizon Managed Volatility Developed Intl ETF (HDMV) and Hartford Multifactor Developed Markets (ex-US) ETF (RODM).
HDMV and RODM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HDMV is an actively managed fund by First Trust. It was launched on Aug 24, 2016. RODM is a passively managed fund by The Hartford that tracks the performance of the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index. It was launched on Feb 25, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HDMV or RODM.
Correlation
The correlation between HDMV and RODM is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
HDMV vs. RODM - Performance Comparison
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Key characteristics
HDMV:
1.78
RODM:
1.55
HDMV:
2.34
RODM:
2.17
HDMV:
1.34
RODM:
1.31
HDMV:
2.28
RODM:
2.07
HDMV:
5.65
RODM:
7.48
HDMV:
4.17%
RODM:
2.93%
HDMV:
13.25%
RODM:
14.05%
HDMV:
-32.01%
RODM:
-35.98%
HDMV:
0.00%
RODM:
0.00%
Returns By Period
In the year-to-date period, HDMV achieves a 23.17% return, which is significantly higher than RODM's 17.91% return.
HDMV
23.17%
5.84%
20.30%
23.41%
9.65%
8.52%
N/A
RODM
17.91%
7.68%
16.35%
21.64%
11.81%
11.97%
5.91%
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HDMV vs. RODM - Expense Ratio Comparison
HDMV has a 0.80% expense ratio, which is higher than RODM's 0.29% expense ratio.
Risk-Adjusted Performance
HDMV vs. RODM — Risk-Adjusted Performance Rank
HDMV
RODM
HDMV vs. RODM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Horizon Managed Volatility Developed Intl ETF (HDMV) 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.
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Dividends
HDMV vs. RODM - Dividend Comparison
HDMV's dividend yield for the trailing twelve months is around 2.57%, less than RODM's 3.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
HDMV First Trust Horizon Managed Volatility Developed Intl ETF | 2.57% | 3.24% | 3.14% | 3.53% | 3.11% | 1.45% | 3.64% | 2.88% | 3.23% | 0.18% | 0.00% |
RODM Hartford Multifactor Developed Markets (ex-US) ETF | 3.47% | 4.09% | 4.43% | 3.81% | 4.40% | 2.82% | 2.82% | 2.03% | 2.24% | 3.19% | 2.60% |
Drawdowns
HDMV vs. RODM - Drawdown Comparison
The maximum HDMV drawdown since its inception was -32.01%, smaller than the maximum RODM drawdown of -35.98%. Use the drawdown chart below to compare losses from any high point for HDMV and RODM. For additional features, visit the drawdowns tool.
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Volatility
HDMV vs. RODM - Volatility Comparison
First Trust Horizon Managed Volatility Developed Intl ETF (HDMV) has a higher volatility of 4.01% compared to Hartford Multifactor Developed Markets (ex-US) ETF (RODM) at 2.97%. This indicates that HDMV'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.
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