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RODM vs. FIDI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

RODM vs. FIDI - Performance Comparison

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

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Returns By Period

In the year-to-date period, RODM achieves a 14.40% return, which is significantly lower than FIDI's 15.58% return.


RODM

1D
-0.53%
1M
2.51%
6M
9.90%
YTD
14.40%
1Y
26.71%
3Y*
20.07%
5Y*
10.28%
10Y*
9.08%
ALL TIME*
8.08%

FIDI

1D
-0.92%
1M
5.97%
6M
10.31%
YTD
15.58%
1Y
31.31%
3Y*
19.48%
5Y*
12.70%
10Y*
ALL TIME*
6.50%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$1.62M$1.95M$1.81M
$2.73M$3.04M$3.79M

RODM vs. FIDI - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
RODM
Hartford Multifactor Developed Markets (ex-US) ETF
14.40%34.42%8.02%15.76%-14.54%11.11%-0.62%17.15%-13.14%
FIDI
Fidelity International High Dividend ETF
15.58%39.34%-0.06%16.28%-4.73%16.87%-11.68%15.47%-19.49%

Correlation

The correlation between RODM and FIDI is 0.89, meaning they have usually moved in the same direction, including during past declines.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.89

Correlation (3Y)
Balances recent behavior with more history.

0.92

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.92

Correlation (All Time)
Calculated using the full available price history since Jan 18, 2018

0.88

The correlation between RODM and FIDI has been stable across timeframes, ranging from 0.88 to 0.92 - a consistent structural relationship.

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Return for Risk

RODM vs. FIDI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RODM
RODM Risk / Return Rank: 9292
Overall Rank
RODM Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
RODM Sortino Ratio Rank: 9393
Sortino Ratio Rank
RODM Omega Ratio Rank: 9292
Omega Ratio Rank
RODM Calmar Ratio Rank: 9090
Calmar Ratio Rank
RODM Martin Ratio Rank: 9292
Martin Ratio Rank

FIDI
FIDI Risk / Return Rank: 9393
Overall Rank
FIDI Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
FIDI Sortino Ratio Rank: 9494
Sortino Ratio Rank
FIDI Omega Ratio Rank: 9393
Omega Ratio Rank
FIDI Calmar Ratio Rank: 9393
Calmar Ratio Rank
FIDI Martin Ratio Rank: 9292
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RODM vs. FIDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Multifactor Developed Markets (ex-US) ETF (RODM) and Fidelity International High Dividend ETF (FIDI). 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.


RODMFIDIDifference
Sharpe ratioReturn per unit of total volatility

-0.18

Sortino ratioReturn per unit of downside risk

-0.07

Omega ratioGain probability vs. loss probability

1.46

1.48

-0.02

Calmar ratioReturn relative to maximum drawdown

3.86

4.51

-0.65

Martin ratioReturn relative to average drawdown

15.55

15.65

-0.10

RODM vs. FIDI - Sharpe Ratio Comparison

The current RODM Sharpe Ratio is 2.53, which is comparable to the FIDI Sharpe Ratio of 2.71. The chart below compares the historical Sharpe Ratios of RODM and FIDI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

RODM vs. FIDI - Drawdown Comparison

The maximum RODM drawdown since its inception was -35.98%, smaller than the maximum FIDI drawdown of -46.34%. Use the drawdown chart below to compare losses from any high point for RODM and FIDI.


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Drawdown Indicators


RODMFIDIDifference

Max Drawdown

Largest peak-to-trough decline

-35.98%

-46.34%

+10.36%

Max Drawdown (1Y)

Largest decline over 1 year

-7.10%

-6.96%

-0.14%

Max Drawdown (3Y)

Largest decline over 3 years

-10.58%

-12.09%

+1.51%

Max Drawdown (5Y)

Largest decline over 5 years

-28.85%

-26.05%

-2.80%

Max Drawdown (10Y)

Largest decline over 10 years

-35.98%

Current Drawdown

Current decline from peak

-0.53%

-0.92%

+0.39%

Average Drawdown

Average peak-to-trough decline

-6.30%

-9.63%

+3.33%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.76%

2.00%

-0.24%

Volatility

RODM vs. FIDI - Volatility Comparison

Hartford Multifactor Developed Markets (ex-US) ETF (RODM) has a higher volatility of 3.27% compared to Fidelity International High Dividend ETF (FIDI) at 2.97%. This indicates that RODM's price experiences larger fluctuations and is considered to be riskier than FIDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


RODMFIDIDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.27%

2.97%

+0.30%

Volatility (6M)

Calculated over the trailing 6-month period

8.94%

9.31%

-0.37%

Volatility (1Y)

Calculated over the trailing 1-year period

10.87%

11.62%

-0.75%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.46%

14.81%

-1.35%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.96%

18.62%

-3.66%

RODM vs. FIDI - Expense Ratio Comparison

RODM has a 0.29% expense ratio, which is lower than FIDI's 0.39% expense ratio.


Dividends

RODM vs. FIDI - Dividend Comparison

RODM's dividend yield for the trailing twelve months is around 2.78%, less than FIDI's 3.90% yield.


PositionTTM20252024202320222021202020192018201720162015
FIDI
Fidelity International High Dividend ETF
3.90%4.33%5.72%4.80%5.09%4.00%3.36%4.26%4.37%0.00%0.00%0.00%
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 FIDI have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RODM has higher volatility (3.27%) compared to FIDI (2.97%). In terms of maximum drawdown, RODM dropped -35.98% vs FIDI's -46.34%.

On 5-year performance, FIDI leads with 12.70% vs 10.28% for RODM. On fees, RODM is cheaper at 0.29% per year. On volatility, FIDI has been the lower-risk option at 2.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, FIDI has performed better with a 12.70% return vs 10.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

RODM is cheaper with a 0.29% expense ratio, compared with 0.39% for FIDI.

FIDI has the higher dividend yield at 3.90%, compared with 2.78% for RODM.

RODM tracks Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index, while FIDI tracks Fidelity® International High Dividend Index. They also come from different issuers: Hartford and Fidelity. Their fees differ too: 0.29% for RODM and 0.39% for FIDI.

FIDI currently has the higher Sharpe Ratio (2.71 vs 2.53), 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.

Portfolio Optimizer

Find the right allocation for RODM and FIDI

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