ROAM vs. HCRB
ROAM (Hartford Multifactor Emerging Markets ETF) and HCRB (Hartford Core Bond ETF) are both exchange-traded funds - ROAM is a Emerging Markets Equities fund tracking the Hartford Multifactor Emerging Markets Equity Index, while HCRB is a Intermediate Core Bond fund actively managed by Hartford. ROAM is passively managed, while HCRB is actively managed. Over the past 5 years, ROAM returned 12.31%/yr vs 0.12%/yr for HCRB. At a 0.13 correlation, their price movements are largely independent. ROAM charges 0.44%/yr vs 0.29%/yr for HCRB.
Performance
ROAM vs. HCRB - Performance Comparison
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Returns By Period
In the year-to-date period, ROAM achieves a 26.83% return, which is significantly higher than HCRB's 0.18% 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%
HCRB
- 1D
- -0.23%
- 1M
- 0.22%
- YTD
- 0.18%
- 6M
- 0.07%
- 1Y
- 5.27%
- 3Y*
- 4.42%
- 5Y*
- 0.12%
- 10Y*
- —
ROAM vs. HCRB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ROAM Hartford Multifactor Emerging Markets ETF | 26.83% | 32.08% | 6.21% | 21.28% | -14.78% | 9.32% | 8.23% |
HCRB Hartford Core Bond ETF | 0.18% | 7.06% | 2.23% | 6.98% | -14.61% | -1.79% | 6.78% |
Correlation
The correlation between ROAM and HCRB is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2020 | 0.13 |
Over the past year, ROAM and HCRB have become more correlated (0.37) than their long-term average of 0.13, meaning their price movements have been converging.
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Return for Risk
ROAM vs. HCRB — Risk / Return Rank
ROAM
HCRB
ROAM vs. HCRB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Multifactor Emerging Markets ETF (ROAM) and Hartford Core Bond ETF (HCRB). 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 | HCRB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.11 | ||
| Sortino ratioReturn per unit of downside risk | +2.42 | ||
| Omega ratioGain probability vs. loss probability | 1.63 | 1.25 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 5.27 | 1.88 | +3.39 |
| Martin ratioReturn relative to average drawdown | 19.91 | 5.68 | +14.23 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ROAM | HCRB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.50 | 1.39 | +2.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.81 | 0.02 | +0.79 |
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 | 0.13 | +0.25 |
Drawdowns
ROAM vs. HCRB - Drawdown Comparison
The maximum ROAM drawdown since its inception was -45.47%, which is greater than HCRB's maximum drawdown of -19.90%. Use the drawdown chart below to compare losses from any high point for ROAM and HCRB.
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Drawdown Indicators
| ROAM | HCRB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.47% | -19.90% | -25.57% |
Max Drawdown (1Y)Largest decline over 1 year | -9.92% | -2.82% | -7.10% |
Max Drawdown (3Y)Largest decline over 3 years | -16.79% | -6.18% | -10.61% |
Max Drawdown (5Y)Largest decline over 5 years | -27.07% | -19.42% | -7.65% |
Max Drawdown (10Y)Largest decline over 10 years | -45.47% | — | — |
Current DrawdownCurrent decline from peak | -1.60% | -1.86% | +0.26% |
Average DrawdownAverage peak-to-trough decline | -11.13% | -7.02% | -4.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.62% | 0.93% | +1.69% |
Volatility
ROAM vs. HCRB - Volatility Comparison
Hartford Multifactor Emerging Markets ETF (ROAM) has a higher volatility of 6.41% compared to Hartford Core Bond ETF (HCRB) at 1.30%. This indicates that ROAM's price experiences larger fluctuations and is considered to be riskier than HCRB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ROAM | HCRB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.41% | 1.30% | +5.11% |
Volatility (6M)Calculated over the trailing 6-month period | 12.76% | 2.70% | +10.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.93% | 3.81% | +11.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.23% | 6.13% | +9.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.87% | 5.96% | +11.91% |
ROAM vs. HCRB - Expense Ratio Comparison
ROAM has a 0.44% expense ratio, which is higher than HCRB's 0.29% expense ratio.
Dividends
ROAM vs. HCRB - Dividend Comparison
ROAM's dividend yield for the trailing twelve months is around 2.50%, less than HCRB's 4.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HCRB Hartford Core Bond ETF | 4.19% | 4.12% | 4.15% | 3.39% | 2.18% | 1.47% | 1.81% | 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
ROAM and HCRB have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ROAM has higher volatility (6.41%) compared to HCRB (1.30%). In terms of maximum drawdown, ROAM dropped -45.47% vs HCRB's -19.90%.
On 5-year performance, ROAM leads with 12.31% vs 0.12% for HCRB. On fees, HCRB is cheaper at 0.29% per year. On volatility, HCRB has been the lower-risk option at 1.30%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, ROAM has performed better with a 12.31% return vs 0.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
HCRB is cheaper with a 0.29% expense ratio, compared with 0.44% for ROAM.
HCRB has the higher dividend yield at 4.19%, compared with 2.50% for ROAM.
ROAM is categorized as Emerging Markets Equities, while HCRB is Intermediate Core Bond. Their fees differ too: 0.44% for ROAM and 0.29% for HCRB.
ROAM currently has the higher Sharpe Ratio (3.50 vs 1.39), 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.
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