REFA vs. RODM
REFA (Columbia Research Enhanced International Equity ETF) and RODM (Hartford Multifactor Developed Markets (ex-US) ETF) are both Foreign Large Cap Equities funds - REFA tracks the Beta Advantage Research Enhanced International Equity Index while RODM tracks the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index. Both are passively managed. Their correlation of 0.89 suggests significant overlap in exposure. REFA charges 0.32%/yr vs 0.29%/yr for RODM.
Performance
REFA vs. RODM - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with REFA having a 11.14% return and RODM slightly higher at 11.60%.
REFA
- 1D
- 1.35%
- 1M
- 2.81%
- 6M
- 9.75%
- YTD
- 11.14%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RODM
- 1D
- 1.27%
- 1M
- 0.55%
- 6M
- 10.84%
- YTD
- 11.60%
- 1Y
- 22.58%
- 3Y*
- 19.76%
- 5Y*
- 9.87%
- 10Y*
- 9.13%
REFA vs. RODM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
REFA Columbia Research Enhanced International Equity ETF | 11.14% | 0.33% |
RODM Hartford Multifactor Developed Markets (ex-US) ETF | 11.60% | 1.52% |
Correlation
The correlation between REFA and RODM 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 (All Time) Calculated using the full available price history since Dec 11, 2025 | 0.89 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
REFA vs. RODM — Risk / Return Rank
REFA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
RODM
REFA vs. RODM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Research Enhanced International Equity ETF (REFA) 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.
| REFA | RODM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.38 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.19 | — |
| Martin ratioReturn relative to average drawdown | — | 12.49 | — |
Loading charts...
Drawdowns
REFA vs. RODM - Drawdown Comparison
The maximum REFA drawdown since its inception was -11.23%, smaller than the maximum RODM drawdown of -35.98%. Use the drawdown chart below to compare losses from any high point for REFA and RODM.
Loading charts...
Drawdown Indicators
| REFA | RODM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.23% | -35.98% | +24.75% |
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 DrawdownCurrent decline from peak | -0.36% | -0.88% | +0.52% |
Average DrawdownAverage peak-to-trough decline | -2.79% | -6.34% | +3.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.81% | — |
Volatility
REFA vs. RODM - Volatility Comparison
Loading charts...
Volatility by Period
| REFA | RODM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.46% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.87% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 18.61% | 10.96% | +7.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.61% | 13.46% | +5.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.61% | 14.97% | +3.64% |
REFA vs. RODM - Expense Ratio Comparison
REFA has a 0.32% expense ratio, which is higher than RODM's 0.29% expense ratio.
Dividends
REFA vs. RODM - Dividend Comparison
REFA's dividend yield for the trailing twelve months is around 0.03%, less than RODM's 2.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REFA Columbia Research Enhanced International Equity ETF | 0.03% | 0.03% | 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 | 2.85% | 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
REFA and RODM 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.
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.
RODM is cheaper with a 0.29% expense ratio, compared with 0.32% for REFA.
RODM has the higher dividend yield at 2.85%, compared with 0.03% for REFA.
REFA tracks Beta Advantage Research Enhanced International Equity Index, while RODM tracks Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index. They also come from different issuers: Columbia Threadneedle and Hartford. Their fees differ too: 0.32% for REFA and 0.29% for RODM.
Find the right allocation for REFA and RODM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer