ROSC vs. OVS
ROSC (Hartford Multifactor Small Cap ETF) and OVS (Overlay Shares Small Cap Equity ETF) are both Small Cap Blend Equities funds. ROSC is passively managed, while OVS is actively managed. Over the past 5 years, ROSC returned 9.77%/yr vs 7.56%/yr for OVS. Their correlation of 0.94 means they have usually moved in the same direction. ROSC charges 0.34%/yr vs 0.83%/yr for OVS.
Performance
ROSC vs. OVS - Performance Comparison
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Returns By Period
In the year-to-date period, ROSC achieves a 19.82% return, which is significantly lower than OVS's 23.16% return.
ROSC
- 1D
- -0.46%
- 1M
- 0.15%
- 6M
- 14.78%
- YTD
- 19.82%
- 1Y
- 38.72%
- 3Y*
- 15.41%
- 5Y*
- 9.77%
- 10Y*
- 10.89%
- ALL TIME*
- 9.73%
OVS
- 1D
- 0.06%
- 1M
- -0.72%
- 6M
- 16.06%
- YTD
- 23.16%
- 1Y
- 38.98%
- 3Y*
- 14.61%
- 5Y*
- 7.56%
- 10Y*
- —
- ALL TIME*
- 12.04%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $632.13K | $526.77K | $451.76K | |
| $129.89K | $138.46K | $121.53K |
ROSC vs. OVS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ROSC Hartford Multifactor Small Cap ETF | 19.82% | 10.18% | 7.28% | 18.88% | -10.58% | 31.37% | 5.27% | 9.36% |
OVS Overlay Shares Small Cap Equity ETF | 23.16% | 6.15% | 11.07% | 17.20% | -19.99% | 30.15% | 12.16% | 9.35% |
Correlation
The correlation between ROSC and OVS is 0.90, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.90 |
Correlation (3Y) Balances recent behavior with more history. | 0.94 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.95 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2019 | 0.94 |
The correlation between ROSC and OVS has been stable across timeframes, ranging from 0.90 to 0.95 - a consistent structural relationship.
ROSC vs. OVS - Sectors Allocation Comparison
Sectors
ROSC
OVS
Financial Services
Healthcare
Consumer Cyclical
Technology
Industrials
Consumer Defensive
Real Estate
Communication Services
Basic Materials
Energy
Utilities
Financial Services
ROSC
OVS
Healthcare
ROSC
OVS
Consumer Cyclical
ROSC
OVS
Technology
ROSC
OVS
Industrials
ROSC
OVS
Consumer Defensive
ROSC
OVS
Real Estate
ROSC
OVS
Communication Services
ROSC
OVS
Basic Materials
ROSC
OVS
Energy
ROSC
OVS
Utilities
ROSC
OVS
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Return for Risk
ROSC vs. OVS — Risk / Return Rank
ROSC
OVS
ROSC vs. OVS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Multifactor Small Cap ETF (ROSC) and Overlay Shares Small Cap Equity ETF (OVS). 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.
| ROSC | OVS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.33 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.72 | 4.30 | +0.42 |
| Martin ratioReturn relative to average drawdown | 15.90 | 14.13 | +1.78 |
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Drawdowns
ROSC vs. OVS - Drawdown Comparison
The maximum ROSC drawdown since its inception was -43.13%, roughly equal to the maximum OVS drawdown of -45.09%. Use the drawdown chart below to compare losses from any high point for ROSC and OVS.
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Drawdown Indicators
| ROSC | OVS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.13% | -45.09% | +1.96% |
Max Drawdown (1Y)Largest decline over 1 year | -7.75% | -8.51% | +0.76% |
Max Drawdown (3Y)Largest decline over 3 years | -23.74% | -30.49% | +6.75% |
Max Drawdown (5Y)Largest decline over 5 years | -23.74% | -30.49% | +6.75% |
Max Drawdown (10Y)Largest decline over 10 years | -43.13% | — | — |
Current DrawdownCurrent decline from peak | -1.74% | -2.23% | +0.49% |
Average DrawdownAverage peak-to-trough decline | -7.12% | -11.12% | +4.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.30% | 2.59% | -0.29% |
Volatility
ROSC vs. OVS - Volatility Comparison
The current volatility for Hartford Multifactor Small Cap ETF (ROSC) is 3.31%, while Overlay Shares Small Cap Equity ETF (OVS) has a volatility of 4.16%. This indicates that ROSC experiences smaller price fluctuations and is considered to be less risky than OVS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ROSC | OVS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.31% | 4.16% | -0.85% |
Volatility (6M)Calculated over the trailing 6-month period | 10.05% | 12.91% | -2.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.14% | 19.22% | -4.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.19% | 23.08% | -3.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.24% | 27.26% | -7.02% |
ROSC vs. OVS - Expense Ratio Comparison
ROSC has a 0.34% expense ratio, which is lower than OVS's 0.83% expense ratio.
Dividends
ROSC vs. OVS - Dividend Comparison
ROSC's dividend yield for the trailing twelve months is around 1.80%, less than OVS's 7.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OVS Overlay Shares Small Cap Equity ETF | 7.69% | 3.69% | 4.08% | 3.19% | 3.43% | 4.05% | 1.74% | 0.54% | 0.00% | 0.00% | 0.00% | 0.00% |
ROSC Hartford Multifactor Small Cap ETF | 1.80% | 2.08% | 2.00% | 2.01% | 1.51% | 2.13% | 1.75% | 3.05% | 2.86% | 2.13% | 2.20% | 2.48% |
Frequently Asked Questions
With a correlation of 0.90, ROSC and OVS 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.
OVS has higher volatility (4.16%) compared to ROSC (3.31%). In terms of maximum drawdown, ROSC dropped -43.13% vs OVS's -45.09%.
On 5-year performance, ROSC leads with 9.77% vs 7.56% for OVS. On fees, ROSC is cheaper at 0.34% per year. On volatility, ROSC has been the lower-risk option at 3.31%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, ROSC has performed better with a 9.77% return vs 7.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ROSC is cheaper with a 0.34% expense ratio, compared with 0.83% for OVS.
OVS has the higher dividend yield at 7.69%, compared with 1.80% for ROSC.
They also come from different issuers: Hartford and Liquid Strategies. Their fees differ too: 0.34% for ROSC and 0.83% for OVS.
ROSC currently has the higher Sharpe Ratio (2.42 vs 1.91), 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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