NBIE vs. RODM

Last updated Jul 18, 2026

NBIE (Neuberger International Core Equity ETF) and RODM (Hartford Multifactor Developed Markets (ex-US) ETF) are both Foreign Large Cap Equities funds. NBIE is actively managed, while RODM is passively managed. Their correlation of 0.91 suggests significant overlap in exposure. Both charge a 0.29% expense ratio.

Performance

NBIE vs. RODM - Performance Comparison

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

Returns By Period

NBIE

• 1D: -0.29%
• 1M: -0.13%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RODM

• 1D: 0.22%
• 1M: 1.59%
• 6M: 10.57%
• YTD: 12.92%
• 1Y: 24.91%
• 3Y*: 19.27%
• 5Y*: 10.27%
• 10Y*: 9.20%

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

NBIE vs. RODM - Yearly Performance Comparison

	2026 (YTD)
NBIE Neuberger International Core Equity ETF	8.01%
RODM Hartford Multifactor Developed Markets (ex-US) ETF	6.29%

Correlation

The correlation between NBIE and RODM is 0.91, 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 Mar 9, 2026	0.91

Return for Risk

NBIE vs. RODM — Risk / Return Rank

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

NBIE

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

RODM

RODM Risk / Return Rank: 87
RODM Sharpe Ratio Rank: 88
RODM Sortino Ratio Rank: 89
RODM Omega Ratio Rank: 87
RODM Calmar Ratio Rank: 83
RODM Martin Ratio Rank: 86

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.

NBIE vs. RODM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Neuberger International Core Equity ETF (NBIE) 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.

	NBIE	RODM	Difference
Sharpe ratio: Return per unit of total volatility	—	2.31	—
Sortino ratio: Return per unit of downside risk	—	3.28	—
Omega ratio: Gain probability vs. loss probability	—	1.42	—
Calmar ratio: Return relative to maximum drawdown	—	3.52	—
Martin ratio: Return relative to average drawdown	—	13.84	—

Drawdowns

NBIE vs. RODM - Drawdown Comparison

The maximum NBIE drawdown since its inception was -5.76%, smaller than the maximum RODM drawdown of -35.98%. Use the drawdown chart below to compare losses from any high point for NBIE and RODM.

Drawdown Indicators

	NBIE	RODM	Difference
Max Drawdown Largest peak-to-trough decline	-5.76%	-35.98%	+30.22%
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	-0.91%	-0.39%	-0.52%
Average Drawdown Average peak-to-trough decline	-1.42%	-6.32%	+4.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.80%	—

Volatility

Volatility by Period

	NBIE	RODM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.73%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.91%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.60%	10.85%	+7.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.60%	13.45%	+5.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.60%	14.95%	+3.65%

NBIE vs. RODM - Expense Ratio Comparison

Both NBIE and RODM have an expense ratio of 0.29%.

Dividends

NBIE vs. RODM - Dividend Comparison

NBIE has not paid dividends to shareholders, while RODM's dividend yield for the trailing twelve months is around 2.82%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NBIE Neuberger International Core Equity 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	2.82%	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 NBIE and RODM in my portfolio?

With a correlation of 0.91, NBIE 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, NBIE or RODM?

Both ETFs have the same 0.29% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NBIE or RODM?

NBIE and RODM have the same expense ratio: 0.29% per year.

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

RODM has the higher dividend yield at 2.82%, compared with 0.00% for NBIE.

What is the main difference between NBIE and RODM?

They also come from different issuers: Neuberger and Hartford.