MIVL vs. RODM

Last updated Jul 17, 2026

MIVL (MFS Active International Value ETF) and RODM (Hartford Multifactor Developed Markets (ex-US) ETF) are both Foreign Large Cap Equities funds. MIVL is actively managed, while RODM is passively managed. Their correlation of 0.92 suggests significant overlap in exposure. MIVL charges 0.57%/yr vs 0.29%/yr for RODM.

Performance

MIVL vs. RODM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Active International Value ETF (MIVL) and Hartford Multifactor Developed Markets (ex-US) ETF (RODM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MIVL

• 1D: -0.19%
• 1M: 0.88%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RODM

• 1D: -0.61%
• 1M: 0.80%
• 6M: 10.59%
• YTD: 12.67%
• 1Y: 24.61%
• 3Y*: 19.39%
• 5Y*: 10.22%
• 10Y*: 9.02%

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

MIVL vs. RODM - Yearly Performance Comparison

	2026 (YTD)
MIVL MFS Active International Value ETF	1.80%
RODM Hartford Multifactor Developed Markets (ex-US) ETF	1.51%

Correlation

The correlation between MIVL and RODM is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 4, 2026	0.92

Return for Risk

MIVL vs. RODM — Risk / Return Rank

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

MIVL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

RODM

RODM Risk / Return Rank: 86
RODM Sharpe Ratio Rank: 88
RODM Sortino Ratio Rank: 88
RODM Omega Ratio Rank: 86
RODM Calmar Ratio Rank: 82
RODM Martin Ratio Rank: 85

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.

MIVL vs. RODM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Active International Value ETF (MIVL) 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.

	MIVL	RODM	Difference
Sharpe ratio: Return per unit of total volatility	—	2.28	—
Sortino ratio: Return per unit of downside risk	—	3.25	—
Omega ratio: Gain probability vs. loss probability	—	1.41	—
Calmar ratio: Return relative to maximum drawdown	—	3.48	—
Martin ratio: Return relative to average drawdown	—	13.67	—

Drawdowns

MIVL vs. RODM - Drawdown Comparison

The maximum MIVL drawdown since its inception was -2.49%, smaller than the maximum RODM drawdown of -35.98%. Use the drawdown chart below to compare losses from any high point for MIVL and RODM.

Drawdown Indicators

	MIVL	RODM	Difference
Max Drawdown Largest peak-to-trough decline	-2.49%	-35.98%	+33.49%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.10%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-10.58%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.85%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.98%	—
Current Drawdown Current decline from peak	-0.19%	-0.61%	+0.42%
Average Drawdown Average peak-to-trough decline	-1.06%	-6.33%	+5.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.80%	—

Volatility

Volatility by Period

	MIVL	RODM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.72%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.93%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.86%	10.90%	+2.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.86%	13.46%	+0.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.86%	14.97%	-1.11%

MIVL vs. RODM - Expense Ratio Comparison

MIVL has a 0.57% expense ratio, which is higher than RODM's 0.29% expense ratio.

Dividends

MIVL vs. RODM - Dividend Comparison

MIVL has not paid dividends to shareholders, while RODM's dividend yield for the trailing twelve months is around 2.83%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MIVL MFS Active International Value ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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 MIVL and RODM in my portfolio?

With a correlation of 0.92, MIVL 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 ETF is better, MIVL or RODM?

On fees, RODM is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MIVL or RODM?

RODM is cheaper with a 0.29% expense ratio, compared with 0.57% for MIVL.

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

RODM has the higher dividend yield at 2.83%, compared with 0.00% for MIVL.

What is the main difference between MIVL and RODM?

They also come from different issuers: MFS and Hartford. Their fees differ too: 0.57% for MIVL and 0.29% for RODM.