RODM vs. IBIT
RODM (Hartford Multifactor Developed Markets (ex-US) ETF) and IBIT (iShares Bitcoin Trust 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 IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Over the past year, RODM returned 26.14% vs -39.67% for IBIT. At a 0.28 correlation, their price movements are largely independent. RODM charges 0.29%/yr vs 0.25%/yr for IBIT.
Performance
RODM vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, RODM achieves a 12.24% return, which is significantly higher than IBIT's -27.41% return.
RODM
- 1D
- 0.10%
- 1M
- 0.36%
- YTD
- 12.24%
- 6M
- 13.78%
- 1Y
- 26.14%
- 3Y*
- 20.24%
- 5Y*
- 9.72%
- 10Y*
- 9.30%
IBIT
- 1D
- -0.03%
- 1M
- -21.94%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -39.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RODM vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
RODM Hartford Multifactor Developed Markets (ex-US) ETF | 12.24% | 34.42% | 8.14% |
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
Correlation
The correlation between RODM and IBIT is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.28 |
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Return for Risk
RODM vs. IBIT — Risk / Return Rank
RODM
IBIT
RODM vs. IBIT - 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 Bitcoin Trust ETF (IBIT). 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 | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.24 | ||
| Sortino ratioReturn per unit of downside risk | +4.54 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 0.85 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 3.58 | -0.78 | +4.36 |
| Martin ratioReturn relative to average drawdown | 14.22 | -1.37 | +15.59 |
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Drawdowns
RODM vs. IBIT - Drawdown Comparison
The maximum RODM drawdown since its inception was -35.98%, smaller than the maximum IBIT drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for RODM and IBIT.
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Drawdown Indicators
| RODM | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.98% | -52.11% | +16.13% |
Max Drawdown (1Y)Largest decline over 1 year | -7.10% | -52.11% | +45.01% |
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 DrawdownCurrent decline from peak | -0.31% | -49.45% | +49.14% |
Average DrawdownAverage peak-to-trough decline | -6.37% | -16.53% | +10.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.78% | 29.64% | -27.86% |
Volatility
RODM vs. IBIT - Volatility Comparison
The current volatility for Hartford Multifactor Developed Markets (ex-US) ETF (RODM) is 3.54%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 12.07%. This indicates that RODM experiences smaller price fluctuations and is considered to be less risky than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RODM | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.54% | 12.07% | -8.53% |
Volatility (6M)Calculated over the trailing 6-month period | 8.76% | 34.45% | -25.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.02% | 44.10% | -33.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.47% | 50.26% | -36.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.21% | 50.26% | -35.05% |
RODM vs. IBIT - Expense Ratio Comparison
RODM has a 0.29% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
RODM vs. IBIT - Dividend Comparison
RODM's dividend yield for the trailing twelve months is around 2.77%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RODM Hartford Multifactor Developed Markets (ex-US) ETF | 2.77% | 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 IBIT have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (12.07%) compared to RODM (3.54%). In terms of maximum drawdown, RODM dropped -35.98% vs IBIT's -52.11%.
On 1-year performance, RODM leads with 26.14% vs -39.67% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, RODM has been the lower-risk option at 3.54%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, RODM has performed better with a 26.14% return vs -39.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIT is cheaper with a 0.25% expense ratio, compared with 0.29% for RODM.
RODM has the higher dividend yield at 2.77%, compared with 0.00% for IBIT.
RODM is categorized as Foreign Large Cap Equities, while IBIT is Cryptocurrency. RODM tracks Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. They also come from different issuers: Hartford and iShares. Their fees differ too: 0.29% for RODM and 0.25% for IBIT.
RODM currently has the higher Sharpe Ratio (2.31 vs -0.92), 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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