RODE vs. AVDV
Compare and contrast key facts about Hartford Multifactor Diversified International ETF (RODE) and Avantis International Small Cap Value ETF (AVDV).
RODE and AVDV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RODE is a passively managed fund by The Hartford that tracks the performance of the Hartford Multifactor Diversified International Index. It was launched on May 10, 2017. AVDV is an actively managed fund by American Century Investments. It was launched on Sep 24, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RODE or AVDV.
Key characteristics
| RODE | AVDV | |
|---|---|---|
| YTD Return | 5.95% | 6.82% |
| 1Y Return | 15.84% | 17.72% |
| 3Y Return (Ann) | 4.39% | 3.48% |
| Sharpe Ratio | 1.31 | 1.26 |
| Daily Std Dev | 11.53% | 13.80% |
| Max Drawdown | -36.74% | -43.01% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between RODE and AVDV is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
RODE vs. AVDV - Performance Comparison
In the year-to-date period, RODE achieves a 5.95% return, which is significantly lower than AVDV's 6.82% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RODE vs. AVDV - Expense Ratio Comparison
RODE has a 0.29% expense ratio, which is lower than AVDV's 0.36% expense ratio.
Risk-Adjusted Performance
RODE vs. AVDV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Multifactor Diversified International ETF (RODE) and Avantis International Small Cap Value ETF (AVDV). 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.
Dividends
RODE vs. AVDV - Dividend Comparison
RODE's dividend yield for the trailing twelve months is around 4.87%, more than AVDV's 3.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
RODE Hartford Multifactor Diversified International ETF | 4.87% | 5.16% | 3.65% | 5.84% | 3.10% | 2.63% | 2.87% | 1.50% |
AVDV Avantis International Small Cap Value ETF | 3.08% | 3.29% | 3.17% | 2.39% | 1.67% | 0.37% | 0.00% | 0.00% |
Drawdowns
RODE vs. AVDV - Drawdown Comparison
The maximum RODE drawdown since its inception was -36.74%, smaller than the maximum AVDV drawdown of -43.01%. Use the drawdown chart below to compare losses from any high point for RODE and AVDV. For additional features, visit the drawdowns tool.
Volatility
RODE vs. AVDV - Volatility Comparison
The current volatility for Hartford Multifactor Diversified International ETF (RODE) is 2.70%, while Avantis International Small Cap Value ETF (AVDV) has a volatility of 3.80%. This indicates that RODE experiences smaller price fluctuations and is considered to be less risky than AVDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.