RODM vs. HSRT

Last updated Jun 4, 2026

RODM (Hartford Multifactor Developed Markets (ex-US) ETF) and HSRT (Hartford AAA CLO 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 HSRT is a CLO fund tracking the JP Morgan CLOIE AAA Index. Both are passively managed. At a 0.19 correlation, their price movements are largely independent. RODM charges 0.29%/yr vs 0.24%/yr for HSRT.

Performance

RODM vs. HSRT - Performance Comparison

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

Returns By Period

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%

HSRT

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RODM vs. HSRT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
RODM Hartford Multifactor Developed Markets (ex-US) ETF	10.99%	34.42%	8.02%	15.76%	-14.54%	11.11%	-0.62%	17.15%	-9.64%
HSRT Hartford AAA CLO ETF	0.00%	0.60%	6.44%	7.52%	-4.40%	0.58%	3.77%	6.95%	0.40%

Correlation

The correlation between RODM and HSRT is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (All Time) Calculated using the full available price history since Jun 1, 2018	0.19

Return for Risk

RODM vs. HSRT — Risk / Return Rank

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

RODM

RODM Risk / Return Rank: 73
RODM Sharpe Ratio Rank: 73
RODM Sortino Ratio Rank: 74
RODM Omega Ratio Rank: 73
RODM Calmar Ratio Rank: 72
RODM Martin Ratio Rank: 76

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. HSRT - 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 AAA CLO ETF (HSRT). 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	HSRT	Difference
Sharpe ratio: Return per unit of total volatility	2.39	—	—
Sortino ratio: Return per unit of downside risk	3.35	—	—
Omega ratio: Gain probability vs. loss probability	1.44	—	—
Calmar ratio: Return relative to maximum drawdown	3.60	—	—
Martin ratio: Return relative to average drawdown	14.50	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	RODM	HSRT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.39	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	—	—
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	—	—

Drawdowns

Drawdown Indicators

	RODM	HSRT	Difference
Max Drawdown Largest peak-to-trough decline	-35.98%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-7.10%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-10.58%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.85%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.98%	—	—
Current Drawdown Current decline from peak	-1.42%	—	—
Average Drawdown Average peak-to-trough decline	-6.38%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.76%	—	—

Volatility

Volatility by Period

	RODM	HSRT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.12%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.41%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.74%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.43%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.24%	—	—

RODM vs. HSRT - Expense Ratio Comparison

RODM has a 0.29% expense ratio, which is higher than HSRT's 0.24% expense ratio.

Dividends

RODM vs. HSRT - Dividend Comparison

RODM's dividend yield for the trailing twelve months is around 2.80%, while HSRT has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HSRT Hartford AAA CLO ETF	0.00%	1.29%	6.37%	3.98%	2.67%	2.23%	2.88%	3.50%	1.62%	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

Can I hold both RODM and HSRT in my portfolio?

RODM and HSRT have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RODM or HSRT?

On fees, HSRT is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RODM or HSRT?

HSRT is cheaper with a 0.24% expense ratio, compared with 0.29% for RODM.

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

RODM has the higher dividend yield at 2.80%, compared with 0.00% for HSRT.

What is the main difference between RODM and HSRT?

RODM is categorized as Foreign Large Cap Equities, while HSRT is CLO. RODM tracks Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index, while HSRT tracks JP Morgan CLOIE AAA Index. Their fees differ too: 0.29% for RODM and 0.24% for HSRT.