IDHQ vs. RODM
IDHQ (Invesco S&P International Developed High Quality ETF) and RODM (Hartford Multifactor Developed Markets (ex-US) ETF) are both Foreign Large Cap Equities funds - IDHQ tracks the IDHQ-US - S&P Quality Developed Ex-U.S. LargeMidCap Index while RODM tracks the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index. Both are passively managed. Over the past 10 years, IDHQ returned 11.35%/yr vs 9.81%/yr for RODM. A 0.77 correlation means they provide meaningful diversification when combined. Both charge a 0.29% expense ratio.
Performance
IDHQ vs. RODM - Performance Comparison
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Returns By Period
In the year-to-date period, IDHQ achieves a 24.45% return, which is significantly higher than RODM's 10.75% return. Over the past 10 years, IDHQ has outperformed RODM with an annualized return of 11.35%, while RODM has yielded a comparatively lower 9.81% annualized return.
IDHQ
- 1D
- 1.15%
- 1M
- 4.94%
- YTD
- 24.45%
- 6M
- 23.82%
- 1Y
- 36.82%
- 3Y*
- 20.41%
- 5Y*
- 9.84%
- 10Y*
- 11.35%
RODM
- 1D
- 0.72%
- 1M
- -1.64%
- YTD
- 10.75%
- 6M
- 10.29%
- 1Y
- 24.32%
- 3Y*
- 20.28%
- 5Y*
- 9.70%
- 10Y*
- 9.81%
IDHQ vs. RODM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDHQ Invesco S&P International Developed High Quality ETF | 24.45% | 27.46% | 1.33% | 18.80% | -20.23% | 11.38% | 16.09% | 29.58% | -13.38% | 28.16% |
RODM Hartford Multifactor Developed Markets (ex-US) ETF | 10.75% | 34.42% | 8.02% | 15.76% | -14.54% | 11.11% | -0.62% | 17.15% | -9.97% | 25.14% |
Correlation
The correlation between IDHQ and RODM is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Feb 26, 2015 | 0.77 |
The correlation between IDHQ and RODM shifts across timeframes, from 0.77 (1 year) to 0.87 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
IDHQ vs. RODM — Risk / Return Rank
IDHQ
RODM
IDHQ vs. RODM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P International Developed High Quality ETF (IDHQ) 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.
| IDHQ | RODM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.41 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | 3.44 | -0.69 |
| Martin ratioReturn relative to average drawdown | 10.86 | 13.54 | -2.68 |
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Drawdowns
IDHQ vs. RODM - Drawdown Comparison
The maximum IDHQ drawdown since its inception was -73.84%, which is greater than RODM's maximum drawdown of -35.98%. Use the drawdown chart below to compare losses from any high point for IDHQ and RODM.
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Drawdown Indicators
| IDHQ | RODM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.84% | -35.98% | -37.86% |
Max Drawdown (1Y)Largest decline over 1 year | -13.44% | -7.10% | -6.34% |
Max Drawdown (3Y)Largest decline over 3 years | -14.07% | -10.58% | -3.49% |
Max Drawdown (5Y)Largest decline over 5 years | -33.54% | -28.85% | -4.69% |
Max Drawdown (10Y)Largest decline over 10 years | -33.54% | -35.98% | +2.44% |
Current DrawdownCurrent decline from peak | -2.04% | -1.64% | -0.40% |
Average DrawdownAverage peak-to-trough decline | -21.13% | -6.35% | -14.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.40% | 1.80% | +1.60% |
Volatility
IDHQ vs. RODM - Volatility Comparison
Invesco S&P International Developed High Quality ETF (IDHQ) has a higher volatility of 9.78% compared to Hartford Multifactor Developed Markets (ex-US) ETF (RODM) at 3.29%. This indicates that IDHQ'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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Volatility by Period
| IDHQ | RODM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.78% | 3.29% | +6.49% |
Volatility (6M)Calculated over the trailing 6-month period | 18.78% | 8.78% | +10.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.60% | 10.93% | +9.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.83% | 13.45% | +4.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.99% | 15.07% | +2.92% |
IDHQ vs. RODM - Expense Ratio Comparison
Both IDHQ and RODM have an expense ratio of 0.29%.
Dividends
IDHQ vs. RODM - Dividend Comparison
IDHQ's dividend yield for the trailing twelve months is around 2.03%, less than RODM's 2.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDHQ Invesco S&P International Developed High Quality ETF | 2.03% | 2.46% | 2.41% | 2.52% | 3.33% | 2.10% | 1.60% | 2.10% | 2.67% | 1.68% | 2.36% | 1.71% |
RODM Hartford Multifactor Developed Markets (ex-US) ETF | 2.88% | 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
IDHQ and RODM have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IDHQ has higher volatility (9.78%) compared to RODM (3.29%). In terms of maximum drawdown, IDHQ dropped -73.84% vs RODM's -35.98%.
On 10-year performance, IDHQ leads with 11.35% vs 9.81% for RODM. Both ETFs have the same 0.29% expense ratio. On volatility, RODM has been the lower-risk option at 3.29%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, IDHQ has performed better with a 11.35% return vs 9.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IDHQ and RODM have the same expense ratio: 0.29% per year.
RODM has the higher dividend yield at 2.88%, compared with 2.03% for IDHQ.
IDHQ tracks IDHQ-US - S&P Quality Developed Ex-U.S. LargeMidCap Index, while RODM tracks Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index. They also come from different issuers: Invesco and Hartford.
RODM currently has the higher Sharpe Ratio (2.24 vs 1.80), 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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