RODM vs. HCRB
RODM (Hartford Multifactor Developed Markets (ex-US) ETF) and HCRB (Hartford Core Bond 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 HCRB is a Intermediate Core Bond fund actively managed by Hartford. RODM is passively managed, while HCRB is actively managed. Over the past 5 years, RODM returned 9.57%/yr vs 0.12%/yr for HCRB. At a 0.19 correlation, their price movements are largely independent. Both charge a 0.29% expense ratio.
Performance
RODM vs. HCRB - Performance Comparison
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Returns By Period
In the year-to-date period, RODM achieves a 10.99% return, which is significantly higher than HCRB's 0.18% return.
RODM
- 1D
- -0.22%
- 1M
- 1.13%
- YTD
- 10.99%
- 6M
- 14.14%
- 1Y
- 25.48%
- 3Y*
- 20.42%
- 5Y*
- 9.57%
- 10Y*
- 8.89%
HCRB
- 1D
- -0.23%
- 1M
- 0.22%
- YTD
- 0.18%
- 6M
- 0.07%
- 1Y
- 5.27%
- 3Y*
- 4.42%
- 5Y*
- 0.12%
- 10Y*
- —
RODM vs. HCRB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
RODM Hartford Multifactor Developed Markets (ex-US) ETF | 10.99% | 34.42% | 8.02% | 15.76% | -14.54% | 11.11% | 0.75% |
HCRB Hartford Core Bond ETF | 0.18% | 7.06% | 2.23% | 6.98% | -14.61% | -1.79% | 6.78% |
Correlation
The correlation between RODM and HCRB is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2020 | 0.19 |
Over the past year, RODM and HCRB have become more correlated (0.41) than their long-term average of 0.19, meaning their price movements have been converging.
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Return for Risk
RODM vs. HCRB — Risk / Return Rank
RODM
HCRB
RODM vs. HCRB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Multifactor Developed Markets (ex-US) ETF (RODM) and Hartford Core Bond ETF (HCRB). 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 | HCRB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.00 | ||
| Sortino ratioReturn per unit of downside risk | +1.29 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.25 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 3.60 | 1.88 | +1.73 |
| Martin ratioReturn relative to average drawdown | 14.50 | 5.68 | +8.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RODM | HCRB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.39 | 1.39 | +1.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 0.02 | +0.70 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.13 | +0.38 |
Drawdowns
RODM vs. HCRB - Drawdown Comparison
The maximum RODM drawdown since its inception was -35.98%, which is greater than HCRB's maximum drawdown of -19.90%. Use the drawdown chart below to compare losses from any high point for RODM and HCRB.
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Drawdown Indicators
| RODM | HCRB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.98% | -19.90% | -16.08% |
Max Drawdown (1Y)Largest decline over 1 year | -7.10% | -2.82% | -4.28% |
Max Drawdown (3Y)Largest decline over 3 years | -10.58% | -6.18% | -4.40% |
Max Drawdown (5Y)Largest decline over 5 years | -28.85% | -19.42% | -9.43% |
Max Drawdown (10Y)Largest decline over 10 years | -35.98% | — | — |
Current DrawdownCurrent decline from peak | -1.42% | -1.86% | +0.44% |
Average DrawdownAverage peak-to-trough decline | -6.38% | -7.02% | +0.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.76% | 0.93% | +0.83% |
Volatility
RODM vs. HCRB - Volatility Comparison
Hartford Multifactor Developed Markets (ex-US) ETF (RODM) has a higher volatility of 3.12% compared to Hartford Core Bond ETF (HCRB) at 1.30%. This indicates that RODM's price experiences larger fluctuations and is considered to be riskier than HCRB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RODM | HCRB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.12% | 1.30% | +1.82% |
Volatility (6M)Calculated over the trailing 6-month period | 8.41% | 2.70% | +5.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.74% | 3.81% | +6.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.43% | 6.13% | +7.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.24% | 5.96% | +9.28% |
RODM vs. HCRB - Expense Ratio Comparison
Both RODM and HCRB have an expense ratio of 0.29%.
Dividends
RODM vs. HCRB - Dividend Comparison
RODM's dividend yield for the trailing twelve months is around 2.80%, less than HCRB's 4.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HCRB Hartford Core Bond ETF | 4.19% | 4.12% | 4.15% | 3.39% | 2.18% | 1.47% | 1.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RODM Hartford Multifactor Developed Markets (ex-US) ETF | 2.80% | 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 HCRB have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RODM has higher volatility (3.12%) compared to HCRB (1.30%). In terms of maximum drawdown, RODM dropped -35.98% vs HCRB's -19.90%.
On 5-year performance, RODM leads with 9.57% vs 0.12% for HCRB. Both ETFs have the same 0.29% expense ratio. On volatility, HCRB has been the lower-risk option at 1.30%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, RODM has performed better with a 9.57% return vs 0.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RODM and HCRB have the same expense ratio: 0.29% per year.
HCRB has the higher dividend yield at 4.19%, compared with 2.80% for RODM.
RODM is categorized as Foreign Large Cap Equities, while HCRB is Intermediate Core Bond.
RODM currently has the higher Sharpe Ratio (2.39 vs 1.39), 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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