RODM vs. AOR
RODM (Hartford Multifactor Developed Markets (ex-US) ETF) and AOR (iShares Core 60/40 Balanced Allocation ETF) are both exchange-traded funds - RODM is a Foreign Large Cap Equities fund tracking the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index, while AOR is a Diversified Portfolio fund tracking the S&P Target Risk Growth Index. Both are passively managed. Over the past 10 years, RODM returned 9.24%/yr vs 8.58%/yr for AOR. A 0.79 correlation means they provide meaningful diversification when combined. RODM charges 0.29%/yr vs 0.15%/yr for AOR.
Performance
RODM vs. AOR - Performance Comparison
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Returns By Period
In the year-to-date period, RODM achieves a 11.64% return, which is significantly higher than AOR's 7.85% return. Over the past 10 years, RODM has outperformed AOR with an annualized return of 9.24%, while AOR has yielded a comparatively lower 8.58% annualized return.
RODM
- 1D
- -0.53%
- 1M
- 0.90%
- YTD
- 11.64%
- 6M
- 12.64%
- 1Y
- 25.47%
- 3Y*
- 19.57%
- 5Y*
- 9.73%
- 10Y*
- 9.24%
AOR
- 1D
- 0.95%
- 1M
- 2.42%
- YTD
- 7.85%
- 6M
- 8.39%
- 1Y
- 19.38%
- 3Y*
- 13.65%
- 5Y*
- 7.09%
- 10Y*
- 8.58%
RODM vs. AOR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RODM Hartford Multifactor Developed Markets (ex-US) ETF | 11.64% | 34.42% | 8.02% | 15.76% | -14.54% | 11.11% | -0.62% | 17.15% | -9.97% | 25.14% |
AOR iShares Core 60/40 Balanced Allocation ETF | 7.85% | 16.44% | 10.68% | 15.75% | -15.64% | 11.19% | 11.42% | 18.91% | -5.82% | 15.80% |
Correlation
The correlation between RODM and AOR is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Feb 26, 2015 | 0.79 |
The correlation between RODM and AOR has been stable across timeframes, ranging from 0.75 to 0.83 - a consistent structural relationship.
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Return for Risk
RODM vs. AOR — Risk / Return Rank
RODM
AOR
RODM vs. AOR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Multifactor Developed Markets (ex-US) ETF (RODM) and iShares Core 60/40 Balanced Allocation ETF (AOR). 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.
| RODM | AOR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.42 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.60 | 2.93 | +0.67 |
| Martin ratioReturn relative to average drawdown | 14.32 | 12.60 | +1.72 |
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Drawdowns
RODM vs. AOR - Drawdown Comparison
The maximum RODM drawdown since its inception was -35.98%, which is greater than AOR's maximum drawdown of -24.44%. Use the drawdown chart below to compare losses from any high point for RODM and AOR.
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Drawdown Indicators
| RODM | AOR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.98% | -24.44% | -11.54% |
Max Drawdown (1Y)Largest decline over 1 year | -7.10% | -6.64% | -0.46% |
Max Drawdown (3Y)Largest decline over 3 years | -10.58% | -9.77% | -0.81% |
Max Drawdown (5Y)Largest decline over 5 years | -28.85% | -21.72% | -7.13% |
Max Drawdown (10Y)Largest decline over 10 years | -35.98% | -22.95% | -13.03% |
Current DrawdownCurrent decline from peak | -0.84% | -0.10% | -0.74% |
Average DrawdownAverage peak-to-trough decline | -6.36% | -3.47% | -2.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.78% | 1.54% | +0.24% |
Volatility
RODM vs. AOR - Volatility Comparison
Hartford Multifactor Developed Markets (ex-US) ETF (RODM) and iShares Core 60/40 Balanced Allocation ETF (AOR) have volatilities of 3.58% and 3.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RODM | AOR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.58% | 3.61% | -0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 8.77% | 7.37% | +1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.01% | 8.84% | +2.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.48% | 10.63% | +2.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.22% | 10.70% | +4.52% |
RODM vs. AOR - Expense Ratio Comparison
RODM has a 0.29% expense ratio, which is higher than AOR's 0.15% expense ratio.
Dividends
RODM vs. AOR - Dividend Comparison
RODM's dividend yield for the trailing twelve months is around 2.78%, more than AOR's 2.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOR iShares Core 60/40 Balanced Allocation ETF | 2.46% | 2.55% | 2.66% | 2.50% | 2.12% | 1.64% | 1.89% | 2.56% | 2.49% | 4.51% | 2.16% | 2.12% |
RODM Hartford Multifactor Developed Markets (ex-US) ETF | 2.78% | 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
RODM and AOR have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AOR has higher volatility (3.61%) compared to RODM (3.58%). In terms of maximum drawdown, RODM dropped -35.98% vs AOR's -24.44%.
On 10-year performance, RODM leads with 9.24% vs 8.58% for AOR. On fees, AOR is cheaper at 0.15% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, RODM has performed better with a 9.24% return vs 8.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AOR is cheaper with a 0.15% expense ratio, compared with 0.29% for RODM.
RODM has the higher dividend yield at 2.78%, compared with 2.46% for AOR.
RODM is categorized as Foreign Large Cap Equities, while AOR is Diversified Portfolio. RODM tracks Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index, while AOR tracks S&P Target Risk Growth Index. They also come from different issuers: Hartford and iShares. Their fees differ too: 0.29% for RODM and 0.15% for AOR.
RODM currently has the higher Sharpe Ratio (2.33 vs 2.21), 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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