PRFZ vs. ROSC

Last updated Jun 24, 2026

PRFZ (Invesco FTSE RAFI US 1500 Small-Mid ETF) and ROSC (Hartford Multifactor Small Cap ETF) are both Small Cap Blend Equities funds - PRFZ tracks the FTSE RAFI US 1500 Small-Mid Index while ROSC tracks the ROSC-US - Hartford Multifactor Small Cap Index. Both are passively managed. Over the past 10 years, PRFZ returned 12.16%/yr vs 11.36%/yr for ROSC. Their correlation of 0.84 suggests significant overlap in exposure. PRFZ charges 0.39%/yr vs 0.34%/yr for ROSC.

Performance

PRFZ vs. ROSC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) and Hartford Multifactor Small Cap ETF (ROSC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with PRFZ having a 16.06% return and ROSC slightly higher at 16.64%. Over the past 10 years, PRFZ has outperformed ROSC with an annualized return of 12.16%, while ROSC has yielded a comparatively lower 11.36% annualized return.

PRFZ

• 1D: -0.43%
• 1M: 3.82%
• YTD: 16.06%
• 6M: 13.71%
• 1Y: 34.11%
• 3Y*: 18.53%
• 5Y*: 8.31%
• 10Y*: 12.16%

ROSC

• 1D: 0.51%
• 1M: 3.56%
• YTD: 16.64%
• 6M: 14.85%
• 1Y: 34.90%
• 3Y*: 17.42%
• 5Y*: 8.95%
• 10Y*: 11.36%

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

PRFZ vs. ROSC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF	16.06%	11.26%	12.68%	20.21%	-16.29%	28.26%	11.84%	21.91%	-11.43%	13.82%
ROSC Hartford Multifactor Small Cap ETF	16.64%	10.18%	7.28%	18.88%	-10.58%	31.37%	5.27%	17.09%	-12.38%	24.49%

Correlation

The correlation between PRFZ and ROSC is 0.89, 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	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Mar 24, 2015	0.84

The correlation between PRFZ and ROSC has been stable across timeframes, ranging from 0.84 to 0.94 - a consistent structural relationship.

PRFZ vs. ROSC - Sectors Allocation Comparison

Sectors	PRFZ	ROSC
Technology	19.6%	13.0%
Healthcare	16.8%	20.0%
Industrials	16.6%	11.0%
Financial Services	13.2%	18.4%
Consumer Cyclical	10.8%	14.6%
Real Estate	7.2%	5.6%
Energy	5.0%	3.2%
Basic Materials	3.5%	2.6%
Communication Services	2.9%	3.5%
Consumer Defensive	2.8%	6.4%
Utilities	1.5%	1.9%

Return for Risk

PRFZ vs. ROSC — Risk / Return Rank

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

PRFZ

PRFZ Risk / Return Rank: 62
PRFZ Sharpe Ratio Rank: 59
PRFZ Sortino Ratio Rank: 61
PRFZ Omega Ratio Rank: 54
PRFZ Calmar Ratio Rank: 70
PRFZ Martin Ratio Rank: 66

ROSC

ROSC Risk / Return Rank: 79
ROSC Sharpe Ratio Rank: 77
ROSC Sortino Ratio Rank: 81
ROSC Omega Ratio Rank: 73
ROSC Calmar Ratio Rank: 86
ROSC Martin Ratio Rank: 80

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.

PRFZ vs. ROSC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) and Hartford Multifactor Small Cap ETF (ROSC). 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.

	PRFZ	ROSC	Difference
Sharpe ratio: Return per unit of total volatility	1.88	2.27	-0.39
Sortino ratio: Return per unit of downside risk	2.68	3.30	-0.62
Omega ratio: Gain probability vs. loss probability	1.32	1.40	-0.08
Calmar ratio: Return relative to maximum drawdown	3.30	4.52	-1.22
Martin ratio: Return relative to average drawdown	11.37	14.75	-3.38

PRFZ vs. ROSC - Sharpe Ratio Comparison

The current PRFZ Sharpe Ratio is 1.88, which is comparable to the ROSC Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of PRFZ and ROSC, 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

PRFZ vs. ROSC - Drawdown Comparison

The maximum PRFZ drawdown since its inception was -62.41%, which is greater than ROSC's maximum drawdown of -43.13%. Use the drawdown chart below to compare losses from any high point for PRFZ and ROSC.

Drawdown Indicators

	PRFZ	ROSC	Difference
Max Drawdown Largest peak-to-trough decline	-62.41%	-43.13%	-19.28%
Max Drawdown (1Y) Largest decline over 1 year	-10.38%	-7.75%	-2.63%
Max Drawdown (3Y) Largest decline over 3 years	-26.54%	-23.74%	-2.80%
Max Drawdown (5Y) Largest decline over 5 years	-26.58%	-23.74%	-2.84%
Max Drawdown (10Y) Largest decline over 10 years	-44.28%	-43.13%	-1.15%
Current Drawdown Current decline from peak	-0.43%	-0.33%	-0.10%
Average Drawdown Average peak-to-trough decline	-9.40%	-7.18%	-2.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.01%	2.37%	+0.64%

Volatility

PRFZ vs. ROSC - Volatility Comparison

Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) has a higher volatility of 5.54% compared to Hartford Multifactor Small Cap ETF (ROSC) at 3.54%. This indicates that PRFZ's price experiences larger fluctuations and is considered to be riskier than ROSC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRFZ	ROSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.54%	3.54%	+2.00%
Volatility (6M) Calculated over the trailing 6-month period	12.96%	10.40%	+2.56%
Volatility (1Y) Calculated over the trailing 1-year period	18.30%	15.53%	+2.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.35%	19.29%	+2.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.44%	20.24%	+2.20%

PRFZ vs. ROSC - Expense Ratio Comparison

PRFZ has a 0.39% expense ratio, which is higher than ROSC's 0.34% expense ratio.

Dividends

PRFZ vs. ROSC - Dividend Comparison

PRFZ's dividend yield for the trailing twelve months is around 0.81%, less than ROSC's 1.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF	0.81%	0.82%	1.45%	1.42%	1.33%	0.93%	0.91%	1.29%	1.37%	0.97%	1.31%	1.39%
ROSC Hartford Multifactor Small Cap ETF	1.79%	2.08%	2.00%	2.01%	1.51%	2.13%	1.75%	3.05%	2.86%	2.13%	2.20%	2.48%

Frequently Asked Questions

Can I hold both PRFZ and ROSC in my portfolio?

PRFZ and ROSC have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PRFZ or ROSC?

PRFZ has higher volatility (5.54%) compared to ROSC (3.54%). In terms of maximum drawdown, PRFZ dropped -62.41% vs ROSC's -43.13%.

Which ETF is better, PRFZ or ROSC?

On 10-year performance, PRFZ leads with 12.16% vs 11.36% for ROSC. On fees, ROSC is cheaper at 0.34% per year. On volatility, ROSC has been the lower-risk option at 3.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PRFZ or ROSC?

Over the 10-year period, PRFZ has performed better with a 12.16% return vs 11.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PRFZ or ROSC?

ROSC is cheaper with a 0.34% expense ratio, compared with 0.39% for PRFZ.

Which ETF pays a higher dividend yield, PRFZ or ROSC?

ROSC has the higher dividend yield at 1.79%, compared with 0.81% for PRFZ.

What is the main difference between PRFZ and ROSC?

PRFZ tracks FTSE RAFI US 1500 Small-Mid Index, while ROSC tracks ROSC-US - Hartford Multifactor Small Cap Index. They also come from different issuers: Invesco and Hartford. Their fees differ too: 0.39% for PRFZ and 0.34% for ROSC.

Which has better risk-adjusted returns?

ROSC currently has the higher Sharpe Ratio (2.27 vs 1.88), 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.