IGRO vs. RODM

Last updated Jun 24, 2026

IGRO (iShares International Dividend Growth ETF) and RODM (Hartford Multifactor Developed Markets (ex-US) ETF) are both Foreign Large Cap Equities funds - IGRO tracks the Morningstar Global ex-US Dividend Growth Index (Net) while RODM tracks the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index. Both are passively managed. Over the past 10 years, IGRO returned 9.29%/yr vs 9.31%/yr for RODM. Their correlation of 0.82 suggests significant overlap in exposure. IGRO charges 0.15%/yr vs 0.29%/yr for RODM.

Performance

IGRO vs. RODM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares International Dividend Growth ETF (IGRO) 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, IGRO achieves a 7.23% return, which is significantly lower than RODM's 10.16% return. Both investments have delivered pretty close results over the past 10 years, with IGRO having a 9.29% annualized return and RODM not far ahead at 9.31%.

IGRO

• 1D: -0.77%
• 1M: 0.09%
• YTD: 7.23%
• 6M: 6.81%
• 1Y: 15.73%
• 3Y*: 15.98%
• 5Y*: 8.01%
• 10Y*: 9.29%

RODM

• 1D: -0.71%
• 1M: -1.81%
• YTD: 10.16%
• 6M: 9.75%
• 1Y: 24.04%
• 3Y*: 20.17%
• 5Y*: 9.67%
• 10Y*: 9.31%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IGRO vs. RODM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IGRO iShares International Dividend Growth ETF	7.23%	25.03%	7.78%	15.38%	-12.72%	9.94%	7.71%	26.13%	-14.86%	24.64%
RODM Hartford Multifactor Developed Markets (ex-US) ETF	10.16%	34.42%	8.02%	15.76%	-14.54%	11.11%	-0.62%	17.15%	-9.97%	25.14%

Correlation

The correlation between IGRO and RODM is 0.88, 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	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.82
Correlation (All Time) Calculated using the full available price history since May 19, 2016	0.82

The correlation between IGRO and RODM has been stable across timeframes, ranging from 0.82 to 0.92 - a consistent structural relationship.

IGRO vs. RODM - Sectors Allocation Comparison

Sectors	IGRO	RODM
Financial Services	32.0%	26.6%
Industrials	14.4%	16.7%
Healthcare	12.6%	9.0%
Consumer Defensive	10.1%	4.0%
Technology	8.7%	10.5%
Utilities	6.9%	4.8%
Consumer Cyclical	6.8%	6.0%
Basic Materials	3.5%	6.4%
Energy	2.4%	6.3%
Communication Services	1.9%	5.5%
Real Estate	0.6%	3.5%

Return for Risk

IGRO vs. RODM — Risk / Return Rank

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

IGRO

IGRO Risk / Return Rank: 36
IGRO Sharpe Ratio Rank: 37
IGRO Sortino Ratio Rank: 36
IGRO Omega Ratio Rank: 36
IGRO Calmar Ratio Rank: 33
IGRO Martin Ratio Rank: 39

RODM

RODM Risk / Return Rank: 74
RODM Sharpe Ratio Rank: 74
RODM Sortino Ratio Rank: 75
RODM Omega Ratio Rank: 73
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.

IGRO vs. RODM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares International Dividend Growth ETF (IGRO) 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.

	IGRO	RODM	Difference
Sharpe ratio: Return per unit of total volatility	1.25	2.21	-0.95
Sortino ratio: Return per unit of downside risk	1.82	3.12	-1.30
Omega ratio: Gain probability vs. loss probability	1.23	1.40	-0.17
Calmar ratio: Return relative to maximum drawdown	1.58	3.40	-1.82
Martin ratio: Return relative to average drawdown	5.89	13.45	-7.56

IGRO vs. RODM - Sharpe Ratio Comparison

The current IGRO Sharpe Ratio is 1.25, which is lower than the RODM Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of IGRO 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

IGRO vs. RODM - Drawdown Comparison

The maximum IGRO drawdown since its inception was -36.25%, roughly equal to the maximum RODM drawdown of -35.98%. Use the drawdown chart below to compare losses from any high point for IGRO and RODM.

Drawdown Indicators

	IGRO	RODM	Difference
Max Drawdown Largest peak-to-trough decline	-36.25%	-35.98%	-0.27%
Max Drawdown (1Y) Largest decline over 1 year	-10.00%	-7.10%	-2.90%
Max Drawdown (3Y) Largest decline over 3 years	-11.13%	-10.58%	-0.55%
Max Drawdown (5Y) Largest decline over 5 years	-25.98%	-28.85%	+2.87%
Max Drawdown (10Y) Largest decline over 10 years	-36.25%	-35.98%	-0.27%
Current Drawdown Current decline from peak	-1.54%	-2.16%	+0.62%
Average Drawdown Average peak-to-trough decline	-5.66%	-6.36%	+0.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	1.79%	+0.89%

Volatility

IGRO vs. RODM - Volatility Comparison

iShares International Dividend Growth ETF (IGRO) and Hartford Multifactor Developed Markets (ex-US) ETF (RODM) have volatilities of 3.27% and 3.21%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IGRO	RODM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.27%	3.21%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	10.61%	8.77%	+1.84%
Volatility (1Y) Calculated over the trailing 1-year period	12.61%	10.95%	+1.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.93%	13.45%	+0.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.69%	15.08%	+1.61%

IGRO vs. RODM - Expense Ratio Comparison

IGRO has a 0.15% expense ratio, which is lower than RODM's 0.29% expense ratio.

Dividends

IGRO vs. RODM - Dividend Comparison

IGRO's dividend yield for the trailing twelve months is around 2.78%, less than RODM's 2.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IGRO iShares International Dividend Growth ETF	2.78%	2.51%	2.44%	2.79%	2.69%	2.27%	2.41%	2.65%	2.97%	2.43%	1.18%	0.00%
RODM Hartford Multifactor Developed Markets (ex-US) ETF	2.82%	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 IGRO and RODM in my portfolio?

IGRO and RODM have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IGRO or RODM?

IGRO has higher volatility (3.27%) compared to RODM (3.21%). In terms of maximum drawdown, IGRO dropped -36.25% vs RODM's -35.98%.

Which ETF is better, IGRO or RODM?

On 10-year performance, RODM leads with 9.31% vs 9.29% for IGRO. On fees, IGRO is cheaper at 0.15% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IGRO or RODM?

Over the 10-year period, RODM has performed better with a 9.31% return vs 9.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IGRO or RODM?

IGRO is cheaper with a 0.15% expense ratio, compared with 0.29% for RODM.

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

RODM has the higher dividend yield at 2.82%, compared with 2.78% for IGRO.

What is the main difference between IGRO and RODM?

IGRO tracks Morningstar Global ex-US Dividend Growth Index (Net), while RODM tracks Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index. They also come from different issuers: iShares and Hartford. Their fees differ too: 0.15% for IGRO and 0.29% for RODM.

Which has better risk-adjusted returns?

RODM currently has the higher Sharpe Ratio (2.21 vs 1.25), 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.