ROAM vs. SVOAX

Last updated Jun 24, 2026

ROAM (Hartford Multifactor Emerging Markets ETF) and SVOAX (SEI Institutional Managed Trust U.S. Managed Volatility Fund) are both funds - ROAM is a Emerging Markets Equities fund tracking the Hartford Multifactor Emerging Markets Equity Index, while SVOAX is a Large Cap Value Equities fund managed by BlackRock. Over the past 10 years, ROAM returned 9.33%/yr vs 8.60%/yr for SVOAX. A 0.50 correlation means they provide meaningful diversification when combined. ROAM charges 0.44%/yr vs 0.90%/yr for SVOAX.

Performance

ROAM vs. SVOAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Multifactor Emerging Markets ETF (ROAM) and SEI Institutional Managed Trust U.S. Managed Volatility Fund (SVOAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ROAM achieves a 24.58% return, which is significantly higher than SVOAX's 1.37% return. Over the past 10 years, ROAM has outperformed SVOAX with an annualized return of 9.33%, while SVOAX has yielded a comparatively lower 8.60% annualized return.

ROAM

• 1D: -3.55%
• 1M: 3.25%
• YTD: 24.58%
• 6M: 25.40%
• 1Y: 44.77%
• 3Y*: 25.04%
• 5Y*: 11.94%
• 10Y*: 9.33%

SVOAX

• 1D: -0.30%
• 1M: -3.50%
• YTD: 1.37%
• 6M: 0.74%
• 1Y: 6.24%
• 3Y*: 10.91%
• 5Y*: 7.23%
• 10Y*: 8.60%

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

ROAM vs. SVOAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ROAM Hartford Multifactor Emerging Markets ETF	24.58%	32.08%	6.21%	21.28%	-14.78%	9.32%	2.24%	8.89%	-12.24%	27.69%
SVOAX SEI Institutional Managed Trust U.S. Managed Volatility Fund	1.37%	10.47%	15.46%	3.68%	-1.10%	19.77%	-2.15%	24.17%	-2.75%	14.04%

Correlation

The correlation between ROAM and SVOAX 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	0.44
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (10Y) Calculated over the trailing 10-year period	0.51
Correlation (All Time) Calculated using the full available price history since Feb 26, 2015	0.50

The correlation between ROAM and SVOAX shifts across timeframes, from 0.37 (1 year) to 0.51 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

ROAM vs. SVOAX — Risk / Return Rank

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

ROAM

ROAM Risk / Return Rank: 86
ROAM Sharpe Ratio Rank: 88
ROAM Sortino Ratio Rank: 83
ROAM Omega Ratio Rank: 87
ROAM Calmar Ratio Rank: 86
ROAM Martin Ratio Rank: 84

SVOAX

SVOAX Risk / Return Rank: 13
SVOAX Sharpe Ratio Rank: 11
SVOAX Sortino Ratio Rank: 11
SVOAX Omega Ratio Rank: 10
SVOAX Calmar Ratio Rank: 16
SVOAX Martin Ratio Rank: 17

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. SVOAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Multifactor Emerging Markets ETF (ROAM) and SEI Institutional Managed Trust U.S. Managed Volatility Fund (SVOAX). 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.

	ROAM	SVOAX	Difference
Sharpe ratio: Return per unit of total volatility	2.70	0.81	+1.90
Sortino ratio: Return per unit of downside risk	3.41	1.21	+2.20
Omega ratio: Gain probability vs. loss probability	1.50	1.14	+0.36
Calmar ratio: Return relative to maximum drawdown	4.54	1.31	+3.22
Martin ratio: Return relative to average drawdown	16.16	4.13	+12.03

ROAM vs. SVOAX - Sharpe Ratio Comparison

The current ROAM Sharpe Ratio is 2.70, which is higher than the SVOAX Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of ROAM and SVOAX, 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

ROAM vs. SVOAX - Drawdown Comparison

The maximum ROAM drawdown since its inception was -45.47%, roughly equal to the maximum SVOAX drawdown of -47.22%. Use the drawdown chart below to compare losses from any high point for ROAM and SVOAX.

Drawdown Indicators

	ROAM	SVOAX	Difference
Max Drawdown Largest peak-to-trough decline	-45.47%	-47.22%	+1.75%
Max Drawdown (1Y) Largest decline over 1 year	-9.92%	-5.39%	-4.53%
Max Drawdown (3Y) Largest decline over 3 years	-16.79%	-20.19%	+3.40%
Max Drawdown (5Y) Largest decline over 5 years	-27.07%	-20.19%	-6.88%
Max Drawdown (10Y) Largest decline over 10 years	-45.47%	-34.09%	-11.38%
Current Drawdown Current decline from peak	-3.55%	-4.84%	+1.29%
Average Drawdown Average peak-to-trough decline	-11.09%	-5.91%	-5.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.78%	1.71%	+1.07%

Volatility

ROAM vs. SVOAX - Volatility Comparison

Hartford Multifactor Emerging Markets ETF (ROAM) has a higher volatility of 9.09% compared to SEI Institutional Managed Trust U.S. Managed Volatility Fund (SVOAX) at 2.60%. This indicates that ROAM's price experiences larger fluctuations and is considered to be riskier than SVOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ROAM	SVOAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.09%	2.60%	+6.49%
Volatility (6M) Calculated over the trailing 6-month period	14.83%	6.31%	+8.52%
Volatility (1Y) Calculated over the trailing 1-year period	16.66%	8.79%	+7.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.60%	16.14%	-0.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.95%	16.17%	+1.78%

ROAM vs. SVOAX - Expense Ratio Comparison

ROAM has a 0.44% expense ratio, which is lower than SVOAX's 0.90% expense ratio.

Dividends

ROAM vs. SVOAX - Dividend Comparison

ROAM's dividend yield for the trailing twelve months is around 2.55%, less than SVOAX's 16.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ROAM Hartford Multifactor Emerging Markets ETF	2.55%	3.17%	4.15%	5.40%	5.23%	4.22%	3.04%	3.55%	2.54%	1.84%	1.89%	2.25%
SVOAX SEI Institutional Managed Trust U.S. Managed Volatility Fund	16.78%	16.95%	17.05%	13.66%	11.01%	18.42%	1.47%	4.66%	13.86%	9.21%	4.35%	6.58%

Frequently Asked Questions

Can I hold both ROAM and SVOAX in my portfolio?

ROAM and SVOAX 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.

Which is riskier, ROAM or SVOAX?

ROAM has higher volatility (9.09%) compared to SVOAX (2.60%). In terms of maximum drawdown, ROAM dropped -45.47% vs SVOAX's -47.22%.

Which has better risk-adjusted returns?

ROAM currently has the higher Sharpe Ratio (2.70 vs 0.81), 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.