RODM vs. BKIE

Last updated Jun 5, 2026

RODM (Hartford Multifactor Developed Markets (ex-US) ETF) and BKIE (BNY Mellon International Equity ETF) are both Foreign Large Cap Equities funds - RODM tracks the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index while BKIE tracks the Morningstar Developed Markets ex-US Large Cap Index. Both are passively managed. Over the past 5 years, RODM returned 9.68%/yr vs 9.22%/yr for BKIE. With a 0.95 correlation, they move nearly in lockstep. RODM charges 0.29%/yr vs 0.04%/yr for BKIE.

Performance

RODM vs. BKIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Multifactor Developed Markets (ex-US) ETF (RODM) and BNY Mellon International Equity ETF (BKIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RODM achieves a 11.53% return, which is significantly higher than BKIE's 9.30% return.

RODM

• 1D: 0.49%
• 1M: 0.81%
• YTD: 11.53%
• 6M: 14.47%
• 1Y: 25.55%
• 3Y*: 20.76%
• 5Y*: 9.68%
• 10Y*: 8.86%

BKIE

• 1D: 0.78%
• 1M: 2.61%
• YTD: 9.30%
• 6M: 11.55%
• 1Y: 23.04%
• 3Y*: 17.90%
• 5Y*: 9.22%
• 10Y*: —

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

RODM vs. BKIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
RODM Hartford Multifactor Developed Markets (ex-US) ETF	11.53%	34.42%	8.02%	15.76%	-14.54%	11.11%	28.24%
BKIE BNY Mellon International Equity ETF	9.30%	32.08%	4.63%	18.25%	-13.60%	13.75%	34.17%

Correlation

The correlation between RODM and BKIE is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (All Time) Calculated using the full available price history since Apr 27, 2020	0.95

The correlation between RODM and BKIE has been stable across timeframes, ranging from 0.88 to 0.95 - a consistent structural relationship.

RODM vs. BKIE - Sectors Allocation Comparison

Sectors	RODM	BKIE
Financial Services	25.9%	25.8%
Industrials	16.7%	18.6%
Technology	10.5%	10.1%
Healthcare	9.1%	9.1%
Energy	6.6%	5.9%
Basic Materials	6.3%	7.2%
Consumer Cyclical	5.9%	7.3%
Communication Services	5.5%	4.2%
Utilities	4.9%	3.7%
Consumer Defensive	4.1%	6.2%
Real Estate	3.6%	2.0%

Return for Risk

RODM vs. BKIE — Risk / Return Rank

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

RODM

RODM Risk / Return Rank: 75
RODM Sharpe Ratio Rank: 75
RODM Sortino Ratio Rank: 76
RODM Omega Ratio Rank: 75
RODM Calmar Ratio Rank: 73
RODM Martin Ratio Rank: 77

BKIE

BKIE Risk / Return Rank: 45
BKIE Sharpe Ratio Rank: 46
BKIE Sortino Ratio Rank: 46
BKIE Omega Ratio Rank: 45
BKIE Calmar Ratio Rank: 41
BKIE Martin Ratio Rank: 48

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.

RODM vs. BKIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Multifactor Developed Markets (ex-US) ETF (RODM) and BNY Mellon International Equity ETF (BKIE). 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.

	RODM	BKIE	Difference
Sharpe ratio: Return per unit of total volatility	2.40	1.59	+0.81
Sortino ratio: Return per unit of downside risk	3.36	2.26	+1.10
Omega ratio: Gain probability vs. loss probability	1.44	1.28	+0.15
Calmar ratio: Return relative to maximum drawdown	3.61	2.03	+1.59
Martin ratio: Return relative to average drawdown	14.53	7.83	+6.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RODM vs. BKIE - Sharpe Ratio Comparison

The current RODM Sharpe Ratio is 2.40, which is higher than the BKIE Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of RODM and BKIE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RODM	BKIE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.40	1.59	+0.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	0.57	+0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.92	-0.41

Drawdowns

RODM vs. BKIE - Drawdown Comparison

The maximum RODM drawdown since its inception was -35.98%, which is greater than BKIE's maximum drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for RODM and BKIE.

Drawdown Indicators

	RODM	BKIE	Difference
Max Drawdown Largest peak-to-trough decline	-35.98%	-28.19%	-7.79%
Max Drawdown (1Y) Largest decline over 1 year	-7.10%	-11.41%	+4.31%
Max Drawdown (3Y) Largest decline over 3 years	-10.58%	-13.19%	+2.61%
Max Drawdown (5Y) Largest decline over 5 years	-28.85%	-28.19%	-0.66%
Max Drawdown (10Y) Largest decline over 10 years	-35.98%	—	—
Current Drawdown Current decline from peak	-0.94%	-0.56%	-0.38%
Average Drawdown Average peak-to-trough decline	-6.38%	-4.98%	-1.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.76%	2.95%	-1.19%

Volatility

RODM vs. BKIE - Volatility Comparison

The current volatility for Hartford Multifactor Developed Markets (ex-US) ETF (RODM) is 3.06%, while BNY Mellon International Equity ETF (BKIE) has a volatility of 4.31%. This indicates that RODM experiences smaller price fluctuations and is considered to be less risky than BKIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RODM	BKIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.06%	4.31%	-1.25%
Volatility (6M) Calculated over the trailing 6-month period	8.40%	12.19%	-3.79%
Volatility (1Y) Calculated over the trailing 1-year period	10.70%	14.58%	-3.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.43%	16.12%	-2.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.24%	16.33%	-1.09%

RODM vs. BKIE - Expense Ratio Comparison

RODM has a 0.29% expense ratio, which is higher than BKIE's 0.04% expense ratio.

Dividends

RODM vs. BKIE - Dividend Comparison

RODM's dividend yield for the trailing twelve months is around 2.79%, less than BKIE's 3.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BKIE BNY Mellon International Equity ETF	3.24%	3.12%	3.31%	2.88%	2.97%	2.58%	1.49%	0.00%	0.00%	0.00%	0.00%	0.00%
RODM Hartford Multifactor Developed Markets (ex-US) ETF	2.79%	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

Can I hold both RODM and BKIE in my portfolio?

RODM and BKIE have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RODM or BKIE?

BKIE has higher volatility (4.31%) compared to RODM (3.06%). In terms of maximum drawdown, RODM dropped -35.98% vs BKIE's -28.19%.

Which ETF is better, RODM or BKIE?

On 5-year performance, RODM leads with 9.68% vs 9.22% for BKIE. On fees, BKIE is cheaper at 0.04% per year. On volatility, RODM has been the lower-risk option at 3.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RODM or BKIE?

Over the 5-year period, RODM has performed better with a 9.68% return vs 9.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RODM or BKIE?

BKIE is cheaper with a 0.04% expense ratio, compared with 0.29% for RODM.

Which ETF pays a higher dividend yield, RODM or BKIE?

BKIE has the higher dividend yield at 3.24%, compared with 2.79% for RODM.

What is the main difference between RODM and BKIE?

RODM tracks Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index, while BKIE tracks Morningstar Developed Markets ex-US Large Cap Index. They also come from different issuers: Hartford and BNY Mellon. Their fees differ too: 0.29% for RODM and 0.04% for BKIE.

Which has better risk-adjusted returns?

RODM currently has the higher Sharpe Ratio (2.40 vs 1.59), 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.