ROSC vs. SPSM

Last updated Aug 2, 2026

ROSC (Hartford Multifactor Small Cap ETF) and SPSM (State Street SPDR Portfolio S&P 600 Small Cap ETF) are both Small Cap Blend Equities funds - ROSC tracks the ROSC-US - Hartford Multifactor Small Cap Index while SPSM tracks the S&P SmallCap 600 Index. Both are passively managed. Over the past 10 years, ROSC returned 10.89%/yr vs 10.94%/yr for SPSM. Their correlation of 0.85 means they have usually moved in the same direction. ROSC charges 0.34%/yr vs 0.03%/yr for SPSM.

Performance

ROSC vs. SPSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Multifactor Small Cap ETF (ROSC) and State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ROSC achieves a 19.82% return, which is significantly lower than SPSM's 21.58% return. Both investments have delivered pretty close results over the past 10 years, with ROSC having a 10.89% annualized return and SPSM not far ahead at 10.94%.

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%

SPSM

• 1D: 0.00%
• 1M: -0.67%
• 6M: 15.19%
• YTD: 21.58%
• 1Y: 36.02%
• 3Y*: 13.49%
• 5Y*: 7.48%
• 10Y*: 10.94%
• ALL TIME*: 10.05%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ROSC Hartford Multifactor Small Cap ETF	$129.89K	$138.46K	$121.53K
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF	$90.54M	$95.75M	$94.53M

ROSC vs. SPSM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ROSC Hartford Multifactor Small Cap ETF	19.82%	10.18%	7.28%	18.88%	-10.58%	31.37%	5.27%	17.09%	-12.38%	24.49%
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF	21.58%	6.11%	8.55%	16.11%	-16.12%	26.67%	11.69%	25.85%	-11.17%	15.44%

Correlation

The correlation between ROSC and SPSM is 0.91, 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.	0.91
Correlation (3Y) Balances recent behavior with more history.	0.95
Correlation (5Y) Shows whether the relationship held over a longer period.	0.96
Correlation (10Y) Provides a long-term view across more market conditions.	0.91
Correlation (All Time) Calculated using the full available price history since Mar 24, 2015	0.85

The correlation between ROSC and SPSM shifts across timeframes, from 0.85 (all time) to 0.96 (5 years), reflecting how their relationship changes across market environments.

ROSC vs. SPSM - Sectors Allocation Comparison

Sectors	ROSC	SPSM
Financial Services	19.3%	17.1%
Healthcare	19.0%	12.4%
Consumer Cyclical	14.8%	13.2%
Technology	12.3%	15.5%
Industrials	11.5%	15.6%
Consumer Defensive	6.3%	4.2%
Real Estate	5.7%	7.6%
Communication Services	3.6%	3.2%
Basic Materials	2.7%	4.7%
Energy	2.3%	4.7%
Utilities	1.8%	1.8%

Return for Risk

ROSC vs. SPSM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ROSC

ROSC Risk / Return Rank: 92
ROSC Sharpe Ratio Rank: 92
ROSC Sortino Ratio Rank: 93
ROSC Omega Ratio Rank: 91
ROSC Calmar Ratio Rank: 94
ROSC Martin Ratio Rank: 92

SPSM

SPSM Risk / Return Rank: 86
SPSM Sharpe Ratio Rank: 85
SPSM Sortino Ratio Rank: 86
SPSM Omega Ratio Rank: 82
SPSM Calmar Ratio Rank: 90
SPSM Martin Ratio Rank: 88

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ROSC vs. SPSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Multifactor Small Cap ETF (ROSC) and State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM). 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	SPSM	Difference
Sharpe ratio: Return per unit of total volatility	2.42	1.97	+0.45
Sortino ratio: Return per unit of downside risk	3.57	2.87	+0.70
Omega ratio: Gain probability vs. loss probability	1.43	1.34	+0.09
Calmar ratio: Return relative to maximum drawdown	4.72	3.89	+0.83
Martin ratio: Return relative to average drawdown	15.90	13.32	+2.58

ROSC vs. SPSM - Sharpe Ratio Comparison

The current ROSC Sharpe Ratio is 2.42, which is comparable to the SPSM Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of ROSC and SPSM, 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

ROSC vs. SPSM - Drawdown Comparison

The maximum ROSC drawdown since its inception was -43.13%, roughly equal to the maximum SPSM drawdown of -42.89%. Use the drawdown chart below to compare losses from any high point for ROSC and SPSM.

Drawdown Indicators

	ROSC	SPSM	Difference
Max Drawdown Largest peak-to-trough decline	-43.13%	-42.89%	-0.24%
Max Drawdown (1Y) Largest decline over 1 year	-7.75%	-8.72%	+0.97%
Max Drawdown (3Y) Largest decline over 3 years	-23.74%	-27.94%	+4.20%
Max Drawdown (5Y) Largest decline over 5 years	-23.74%	-27.94%	+4.20%
Max Drawdown (10Y) Largest decline over 10 years	-43.13%	-42.89%	-0.24%
Current Drawdown Current decline from peak	-1.74%	-1.91%	+0.17%
Average Drawdown Average peak-to-trough decline	-7.12%	-7.84%	+0.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.30%	2.54%	-0.24%

Volatility

ROSC vs. SPSM - Volatility Comparison

Hartford Multifactor Small Cap ETF (ROSC) and State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) have volatilities of 3.31% and 3.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ROSC	SPSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.31%	3.45%	-0.14%
Volatility (6M) Calculated over the trailing 6-month period	10.05%	11.63%	-1.58%
Volatility (1Y) Calculated over the trailing 1-year period	15.14%	17.29%	-2.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.19%	21.27%	-2.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.24%	22.94%	-2.70%

ROSC vs. SPSM - Expense Ratio Comparison

ROSC has a 0.34% expense ratio, which is higher than SPSM's 0.03% expense ratio.

Dividends

ROSC vs. SPSM - Dividend Comparison

ROSC's dividend yield for the trailing twelve months is around 1.80%, more than SPSM's 1.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF	1.39%	1.62%	1.85%	1.61%	1.38%	1.40%	1.34%	1.58%	1.82%	1.51%	1.49%	2.37%

Frequently Asked Questions

Can I hold both ROSC and SPSM in my portfolio?

With a correlation of 0.91, ROSC and SPSM 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, ROSC or SPSM?

SPSM has higher volatility (3.45%) compared to ROSC (3.31%). In terms of maximum drawdown, ROSC dropped -43.13% vs SPSM's -42.89%.

Which ETF is better, ROSC or SPSM?

On 10-year performance, SPSM leads with 10.94% vs 10.89% for ROSC. On fees, SPSM is cheaper at 0.03% 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.

Which ETF has performed better, ROSC or SPSM?

Over the 10-year period, SPSM has performed better with a 10.94% return vs 10.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ROSC or SPSM?

SPSM is cheaper with a 0.03% expense ratio, compared with 0.34% for ROSC.

Which ETF pays a higher dividend yield, ROSC or SPSM?

ROSC has the higher dividend yield at 1.80%, compared with 1.39% for SPSM.

What is the main difference between ROSC and SPSM?

ROSC tracks ROSC-US - Hartford Multifactor Small Cap Index, while SPSM tracks S&P SmallCap 600 Index. They also come from different issuers: Hartford and State Street. Their fees differ too: 0.34% for ROSC and 0.03% for SPSM.

Which has better risk-adjusted returns?

ROSC currently has the higher Sharpe Ratio (2.42 vs 1.97), 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.