RODM vs. IVLU

Last updated Jun 23, 2026

RODM (Hartford Multifactor Developed Markets (ex-US) ETF) and IVLU (iShares MSCI International Value Factor ETF) are both Foreign Large Cap Equities funds - RODM tracks the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index while IVLU tracks the MSCI World ex USA Enhanced Value Index. Both are passively managed. Over the past 10 years, RODM returned 9.39%/yr vs 11.77%/yr for IVLU. Their correlation of 0.85 suggests significant overlap in exposure. RODM charges 0.29%/yr vs 0.30%/yr for IVLU.

Performance

RODM vs. IVLU - Performance Comparison

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

Returns By Period

In the year-to-date period, RODM achieves a 10.94% return, which is significantly lower than IVLU's 13.41% return. Over the past 10 years, RODM has underperformed IVLU with an annualized return of 9.39%, while IVLU has yielded a comparatively higher 11.77% annualized return.

RODM

• 1D: -0.05%
• 1M: -1.11%
• YTD: 10.94%
• 6M: 11.39%
• 1Y: 25.72%
• 3Y*: 20.45%
• 5Y*: 9.96%
• 10Y*: 9.39%

IVLU

• 1D: 0.57%
• 1M: 1.16%
• YTD: 13.41%
• 6M: 13.71%
• 1Y: 37.76%
• 3Y*: 24.43%
• 5Y*: 14.98%
• 10Y*: 11.77%

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

RODM vs. IVLU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RODM Hartford Multifactor Developed Markets (ex-US) ETF	10.94%	34.42%	8.02%	15.76%	-14.54%	11.11%	-0.62%	17.15%	-9.97%	25.14%
IVLU iShares MSCI International Value Factor ETF	13.41%	46.09%	6.76%	20.07%	-5.73%	15.60%	-4.50%	15.60%	-15.10%	23.10%

Correlation

The correlation between RODM and IVLU is 0.90, 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	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.89
Correlation (All Time) Calculated using the full available price history since Jul 15, 2015	0.85

The correlation between RODM and IVLU has been stable across timeframes, ranging from 0.85 to 0.93 - a consistent structural relationship.

RODM vs. IVLU - Sectors Allocation Comparison

Sectors	RODM	IVLU
Financial Services	26.6%	26.5%
Industrials	16.7%	18.8%
Technology	10.5%	10.6%
Healthcare	9.0%	9.0%
Basic Materials	6.4%	7.4%
Energy	6.3%	5.5%
Consumer Cyclical	6.0%	7.6%
Communication Services	5.5%	3.7%
Utilities	4.8%	3.6%
Consumer Defensive	4.0%	6.0%
Real Estate	3.5%	1.4%

Return for Risk

RODM vs. IVLU — Risk / Return Rank

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

RODM

RODM Risk / Return Rank: 77
RODM Sharpe Ratio Rank: 77
RODM Sortino Ratio Rank: 78
RODM Omega Ratio Rank: 76
RODM Calmar Ratio Rank: 74
RODM Martin Ratio Rank: 77

IVLU

IVLU Risk / Return Rank: 74
IVLU Sharpe Ratio Rank: 80
IVLU Sortino Ratio Rank: 78
IVLU Omega Ratio Rank: 78
IVLU Calmar Ratio Rank: 67
IVLU Martin Ratio Rank: 69

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. IVLU - 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 MSCI International Value Factor ETF (IVLU). 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	IVLU	Difference
Sharpe ratio: Return per unit of total volatility	2.37	2.44	-0.08
Sortino ratio: Return per unit of downside risk	3.32	3.32	+0.01
Omega ratio: Gain probability vs. loss probability	1.43	1.44	-0.01
Calmar ratio: Return relative to maximum drawdown	3.64	3.24	+0.39
Martin ratio: Return relative to average drawdown	14.43	12.32	+2.11

RODM vs. IVLU - Sharpe Ratio Comparison

The current RODM Sharpe Ratio is 2.37, which is comparable to the IVLU Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of RODM and IVLU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RODM vs. IVLU - Drawdown Comparison

The maximum RODM drawdown since its inception was -35.98%, smaller than the maximum IVLU drawdown of -41.85%. Use the drawdown chart below to compare losses from any high point for RODM and IVLU.

Drawdown Indicators

	RODM	IVLU	Difference
Max Drawdown Largest peak-to-trough decline	-35.98%	-41.85%	+5.87%
Max Drawdown (1Y) Largest decline over 1 year	-7.10%	-11.69%	+4.59%
Max Drawdown (3Y) Largest decline over 3 years	-10.58%	-15.48%	+4.90%
Max Drawdown (5Y) Largest decline over 5 years	-28.85%	-26.04%	-2.81%
Max Drawdown (10Y) Largest decline over 10 years	-35.98%	-41.85%	+5.87%
Current Drawdown Current decline from peak	-1.47%	-0.35%	-1.12%
Average Drawdown Average peak-to-trough decline	-6.36%	-8.56%	+2.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.79%	3.07%	-1.28%

Volatility

RODM vs. IVLU - Volatility Comparison

The current volatility for Hartford Multifactor Developed Markets (ex-US) ETF (RODM) is 3.15%, while iShares MSCI International Value Factor ETF (IVLU) has a volatility of 4.90%. This indicates that RODM experiences smaller price fluctuations and is considered to be less risky than IVLU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RODM	IVLU	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.15%	4.90%	-1.75%
Volatility (6M) Calculated over the trailing 6-month period	8.76%	12.78%	-4.02%
Volatility (1Y) Calculated over the trailing 1-year period	10.94%	15.55%	-4.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.45%	16.52%	-3.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.19%	17.63%	-2.44%

RODM vs. IVLU - Expense Ratio Comparison

RODM has a 0.29% expense ratio, which is lower than IVLU's 0.30% expense ratio.

Dividends

RODM vs. IVLU - Dividend Comparison

RODM's dividend yield for the trailing twelve months is around 2.80%, less than IVLU's 3.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IVLU iShares MSCI International Value Factor ETF	3.31%	3.71%	4.46%	4.69%	3.59%	3.47%	2.05%	3.53%	2.82%	2.87%	2.53%	0.93%
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 IVLU in my portfolio?

With a correlation of 0.90, RODM and IVLU move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, RODM or IVLU?

IVLU has higher volatility (4.90%) compared to RODM (3.15%). In terms of maximum drawdown, RODM dropped -35.98% vs IVLU's -41.85%.

Which ETF is better, RODM or IVLU?

On 10-year performance, IVLU leads with 11.77% vs 9.39% for RODM. On fees, RODM is cheaper at 0.29% per year. On volatility, RODM has been the lower-risk option at 3.15%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RODM or IVLU?

Over the 10-year period, IVLU has performed better with a 11.77% return vs 9.39%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RODM or IVLU?

RODM is cheaper with a 0.29% expense ratio, compared with 0.30% for IVLU.

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

IVLU has the higher dividend yield at 3.31%, compared with 2.80% for RODM.

What is the main difference between RODM and IVLU?

RODM tracks Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index, while IVLU tracks MSCI World ex USA Enhanced Value Index. They also come from different issuers: Hartford and iShares. Their fees differ too: 0.29% for RODM and 0.30% for IVLU.

Which has better risk-adjusted returns?

IVLU currently has the higher Sharpe Ratio (2.44 vs 2.37), 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.