RODM vs. MSFT

Last updated Jun 14, 2026

RODM (Hartford Multifactor Developed Markets (ex-US) ETF) is Foreign Large Cap Equities fund tracking the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index, while MSFT (Microsoft Corporation) is a stock. Over the past 10 years, RODM returned 9.30%/yr vs 24.39%/yr for MSFT. At a 0.44 correlation, their price movements are largely independent.

Performance

RODM vs. MSFT - Performance Comparison

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

Returns By Period

In the year-to-date period, RODM achieves a 12.24% return, which is significantly higher than MSFT's -18.85% return. Over the past 10 years, RODM has underperformed MSFT with an annualized return of 9.30%, while MSFT has yielded a comparatively higher 24.39% annualized 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%

MSFT

• 1D: 0.10%
• 1M: -7.19%
• YTD: -18.85%
• 6M: -17.98%
• 1Y: -17.07%
• 3Y*: 6.16%
• 5Y*: 9.56%
• 10Y*: 24.39%

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

RODM vs. MSFT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RODM Hartford Multifactor Developed Markets (ex-US) ETF	12.24%	34.42%	8.02%	15.76%	-14.54%	11.11%	-0.62%	17.15%	-9.97%	25.14%
MSFT Microsoft Corporation	-18.85%	15.58%	12.93%	58.19%	-28.02%	52.48%	42.53%	57.56%	20.80%	40.73%

Correlation

The correlation between RODM and MSFT is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.41
Correlation (10Y) Calculated over the trailing 10-year period	0.47
Correlation (All Time) Calculated using the full available price history since Feb 26, 2015	0.44

Over the past year, the correlation between RODM and MSFT has dropped to 0.18 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.

Return for Risk

RODM vs. MSFT — Risk / Return Rank

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

RODM

RODM Risk / Return Rank: 81
RODM Sharpe Ratio Rank: 82
RODM Sortino Ratio Rank: 83
RODM Omega Ratio Rank: 81
RODM Calmar Ratio Rank: 78
RODM Martin Ratio Rank: 82

MSFT

MSFT Risk / Return Rank: 17
MSFT Sharpe Ratio Rank: 13
MSFT Sortino Ratio Rank: 15
MSFT Omega Ratio Rank: 14
MSFT Calmar Ratio Rank: 24
MSFT Martin Ratio Rank: 20

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. MSFT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Multifactor Developed Markets (ex-US) ETF (RODM) and Microsoft Corporation (MSFT). 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	MSFT	Difference
Sharpe ratio: Return per unit of total volatility	2.31	-0.70	+3.01
Sortino ratio: Return per unit of downside risk	3.24	-0.84	+4.08
Omega ratio: Gain probability vs. loss probability	1.42	0.89	+0.53
Calmar ratio: Return relative to maximum drawdown	3.58	-0.53	+4.10
Martin ratio: Return relative to average drawdown	14.22	-1.08	+15.30

RODM vs. MSFT - Sharpe Ratio Comparison

The current RODM Sharpe Ratio is 2.31, which is higher than the MSFT Sharpe Ratio of -0.70. The chart below compares the historical Sharpe Ratios of RODM and MSFT, 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. MSFT - Drawdown Comparison

The maximum RODM drawdown since its inception was -35.98%, smaller than the maximum MSFT drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for RODM and MSFT.

Drawdown Indicators

	RODM	MSFT	Difference
Max Drawdown Largest peak-to-trough decline	-35.98%	-69.38%	+33.40%
Max Drawdown (1Y) Largest decline over 1 year	-7.10%	-33.91%	+26.81%
Max Drawdown (3Y) Largest decline over 3 years	-10.58%	-33.91%	+23.33%
Max Drawdown (5Y) Largest decline over 5 years	-28.85%	-37.15%	+8.30%
Max Drawdown (10Y) Largest decline over 10 years	-35.98%	-37.15%	+1.17%
Current Drawdown Current decline from peak	-0.31%	-27.46%	+27.15%
Average Drawdown Average peak-to-trough decline	-6.37%	-21.78%	+15.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.78%	16.48%	-14.70%

Volatility

RODM vs. MSFT - Volatility Comparison

The current volatility for Hartford Multifactor Developed Markets (ex-US) ETF (RODM) is 3.54%, while Microsoft Corporation (MSFT) has a volatility of 10.52%. This indicates that RODM experiences smaller price fluctuations and is considered to be less risky than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RODM	MSFT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.54%	10.52%	-6.98%
Volatility (6M) Calculated over the trailing 6-month period	8.76%	22.31%	-13.55%
Volatility (1Y) Calculated over the trailing 1-year period	11.02%	25.42%	-14.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.47%	26.66%	-13.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.21%	27.06%	-11.85%

Dividends

RODM vs. MSFT - Dividend Comparison

RODM's dividend yield for the trailing twelve months is around 2.77%, more than MSFT's 0.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MSFT Microsoft Corporation	0.91%	0.70%	0.73%	0.74%	1.06%	0.68%	0.94%	1.20%	1.69%	1.86%	2.37%	2.33%
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

Can I hold both RODM and MSFT in my portfolio?

RODM and MSFT have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RODM or MSFT?

MSFT has higher volatility (10.52%) compared to RODM (3.54%). In terms of maximum drawdown, RODM dropped -35.98% vs MSFT's -69.38%.

Which has better risk-adjusted returns?

RODM currently has the higher Sharpe Ratio (2.31 vs -0.70), 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.