ROAM vs. EMOP

Last updated Jun 4, 2026

ROAM (Hartford Multifactor Emerging Markets ETF) and EMOP (AB Emerging Markets Opportunities ETF) are both Emerging Markets Equities funds. ROAM is passively managed, while EMOP is actively managed. Their correlation of 0.86 suggests significant overlap in exposure. ROAM charges 0.44%/yr vs 0.70%/yr for EMOP.

Performance

ROAM vs. EMOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Multifactor Emerging Markets ETF (ROAM) and AB Emerging Markets Opportunities ETF (EMOP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ROAM achieves a 26.83% return, which is significantly lower than EMOP's 32.56% return.

ROAM

• 1D: -1.60%
• 1M: 8.68%
• YTD: 26.83%
• 6M: 28.99%
• 1Y: 51.96%
• 3Y*: 26.00%
• 5Y*: 12.31%
• 10Y*: 9.87%

EMOP

• 1D: -0.72%
• 1M: 8.86%
• YTD: 32.56%
• 6M: 34.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ROAM vs. EMOP - Yearly Performance Comparison

	2026 (YTD)	2025
ROAM Hartford Multifactor Emerging Markets ETF	26.83%	16.51%
EMOP AB Emerging Markets Opportunities ETF	32.56%	16.69%

Correlation

The correlation between ROAM and EMOP is 0.86, 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 20, 2025	0.86

ROAM vs. EMOP - Sectors Allocation Comparison

Sectors	ROAM	EMOP
Technology	39.4%	30.3%
Financial Services	19.3%	24.0%
Consumer Cyclical	7.6%	7.8%
Communication Services	6.0%	12.3%
Industrials	5.6%	8.1%
Energy	5.3%	2.6%
Consumer Defensive	4.8%	1.4%
Basic Materials	4.1%	7.0%
Healthcare	3.3%	1.6%
Utilities	2.3%	2.8%
Real Estate	1.3%	2.3%

Return for Risk

ROAM vs. EMOP — Risk / Return Rank

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

ROAM

ROAM Risk / Return Rank: 91
ROAM Sharpe Ratio Rank: 93
ROAM Sortino Ratio Rank: 92
ROAM Omega Ratio Rank: 92
ROAM Calmar Ratio Rank: 89
ROAM Martin Ratio Rank: 89

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.

ROAM vs. EMOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Multifactor Emerging Markets ETF (ROAM) and AB Emerging Markets Opportunities ETF (EMOP). 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.

	ROAM	EMOP	Difference
Sharpe ratio: Return per unit of total volatility	3.50	—	—
Sortino ratio: Return per unit of downside risk	4.48	—	—
Omega ratio: Gain probability vs. loss probability	1.63	—	—
Calmar ratio: Return relative to maximum drawdown	5.27	—	—
Martin ratio: Return relative to average drawdown	19.91	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ROAM	EMOP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.50	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	2.93	-2.55

Drawdowns

ROAM vs. EMOP - Drawdown Comparison

The maximum ROAM drawdown since its inception was -45.47%, which is greater than EMOP's maximum drawdown of -12.88%. Use the drawdown chart below to compare losses from any high point for ROAM and EMOP.

Drawdown Indicators

	ROAM	EMOP	Difference
Max Drawdown Largest peak-to-trough decline	-45.47%	-12.88%	-32.59%
Max Drawdown (1Y) Largest decline over 1 year	-9.92%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.79%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.07%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-45.47%	—	—
Current Drawdown Current decline from peak	-1.60%	-0.72%	-0.88%
Average Drawdown Average peak-to-trough decline	-11.13%	-1.90%	-9.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.62%	—	—

Volatility

Volatility by Period

	ROAM	EMOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.41%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.76%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.93%	19.85%	-4.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.23%	19.85%	-4.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.87%	19.85%	-1.98%

ROAM vs. EMOP - Expense Ratio Comparison

ROAM has a 0.44% expense ratio, which is lower than EMOP's 0.70% expense ratio.

Dividends

ROAM vs. EMOP - Dividend Comparison

ROAM's dividend yield for the trailing twelve months is around 2.50%, more than EMOP's 0.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EMOP AB Emerging Markets Opportunities ETF	0.82%	0.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROAM Hartford Multifactor Emerging Markets ETF	2.50%	3.17%	4.15%	5.40%	5.23%	4.22%	3.04%	3.55%	2.54%	1.84%	1.89%	2.25%

Frequently Asked Questions

Can I hold both ROAM and EMOP in my portfolio?

ROAM and EMOP have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ROAM or EMOP?

On fees, ROAM is cheaper at 0.44% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ROAM or EMOP?

ROAM is cheaper with a 0.44% expense ratio, compared with 0.70% for EMOP.

Which ETF pays a higher dividend yield, ROAM or EMOP?

ROAM has the higher dividend yield at 2.50%, compared with 0.82% for EMOP.

What is the main difference between ROAM and EMOP?

They also come from different issuers: Hartford and AllianceBernstein. Their fees differ too: 0.44% for ROAM and 0.70% for EMOP.