TXUG vs. RODM

Last updated Jun 4, 2026

TXUG (Thornburg International Growth ETF) and RODM (Hartford Multifactor Developed Markets (ex-US) ETF) are both Foreign Large Cap Equities funds. TXUG is actively managed, while RODM is passively managed. Over the past year, TXUG returned 5.65% vs 25.48% for RODM. A 0.72 correlation means they provide meaningful diversification when combined. TXUG charges 0.70%/yr vs 0.29%/yr for RODM.

Performance

TXUG vs. RODM - Performance Comparison

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

Returns By Period

In the year-to-date period, TXUG achieves a 9.55% return, which is significantly lower than RODM's 10.99% return.

TXUG

• 1D: -0.64%
• 1M: 4.08%
• YTD: 9.55%
• 6M: 9.59%
• 1Y: 5.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

RODM

• 1D: -0.22%
• 1M: 1.13%
• YTD: 10.99%
• 6M: 14.14%
• 1Y: 25.48%
• 3Y*: 20.42%
• 5Y*: 9.57%
• 10Y*: 8.89%

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

TXUG vs. RODM - Yearly Performance Comparison

	2026 (YTD)	2025
TXUG Thornburg International Growth ETF	9.55%	-1.72%
RODM Hartford Multifactor Developed Markets (ex-US) ETF	10.99%	31.00%

Correlation

The correlation between TXUG and RODM is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (All Time) Calculated using the full available price history since Jan 24, 2025	0.72

The correlation between TXUG and RODM has been stable across timeframes, ranging from 0.71 to 0.72 - a consistent structural relationship.

Return for Risk

TXUG vs. RODM — Risk / Return Rank

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

TXUG

TXUG Risk / Return Rank: 14
TXUG Sharpe Ratio Rank: 14
TXUG Sortino Ratio Rank: 14
TXUG Omega Ratio Rank: 14
TXUG Calmar Ratio Rank: 15
TXUG Martin Ratio Rank: 15

RODM

RODM Risk / Return Rank: 73
RODM Sharpe Ratio Rank: 73
RODM Sortino Ratio Rank: 74
RODM Omega Ratio Rank: 73
RODM Calmar Ratio Rank: 72
RODM Martin Ratio Rank: 76

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.

TXUG vs. RODM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thornburg International Growth ETF (TXUG) and Hartford Multifactor Developed Markets (ex-US) ETF (RODM). 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.

	TXUG	RODM	Difference
Sharpe ratio: Return per unit of total volatility	0.34	2.39	-2.06
Sortino ratio: Return per unit of downside risk	0.60	3.35	-2.75
Omega ratio: Gain probability vs. loss probability	1.07	1.44	-0.36
Calmar ratio: Return relative to maximum drawdown	0.44	3.60	-3.16
Martin ratio: Return relative to average drawdown	1.21	14.50	-13.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TXUG vs. RODM - Sharpe Ratio Comparison

The current TXUG Sharpe Ratio is 0.34, which is lower than the RODM Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of TXUG and RODM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TXUG	RODM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.34	2.39	-2.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.72	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.52	-0.23

Drawdowns

TXUG vs. RODM - Drawdown Comparison

The maximum TXUG drawdown since its inception was -18.58%, smaller than the maximum RODM drawdown of -35.98%. Use the drawdown chart below to compare losses from any high point for TXUG and RODM.

Drawdown Indicators

	TXUG	RODM	Difference
Max Drawdown Largest peak-to-trough decline	-18.58%	-35.98%	+17.40%
Max Drawdown (1Y) Largest decline over 1 year	-12.93%	-7.10%	-5.83%
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 Drawdown Current decline from peak	-0.64%	-1.42%	+0.78%
Average Drawdown Average peak-to-trough decline	-4.21%	-6.38%	+2.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.67%	1.76%	+2.91%

Volatility

TXUG vs. RODM - Volatility Comparison

Thornburg International Growth ETF (TXUG) has a higher volatility of 5.32% compared to Hartford Multifactor Developed Markets (ex-US) ETF (RODM) at 3.12%. This indicates that TXUG's price experiences larger fluctuations and is considered to be riskier than RODM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TXUG	RODM	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.32%	3.12%	+2.20%
Volatility (6M) Calculated over the trailing 6-month period	14.29%	8.41%	+5.88%
Volatility (1Y) Calculated over the trailing 1-year period	16.93%	10.74%	+6.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.61%	13.43%	+6.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.61%	15.24%	+4.37%

TXUG vs. RODM - Expense Ratio Comparison

TXUG has a 0.70% expense ratio, which is higher than RODM's 0.29% expense ratio.

Dividends

TXUG vs. RODM - Dividend Comparison

TXUG's dividend yield for the trailing twelve months is around 0.47%, less than RODM's 2.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
TXUG Thornburg International Growth ETF	0.47%	0.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TXUG and RODM in my portfolio?

TXUG and RODM have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TXUG or RODM?

TXUG has higher volatility (5.32%) compared to RODM (3.12%). In terms of maximum drawdown, TXUG dropped -18.58% vs RODM's -35.98%.

Which ETF is better, TXUG or RODM?

On 1-year performance, RODM leads with 25.48% vs 5.65% for TXUG. On fees, RODM is cheaper at 0.29% per year. On volatility, RODM has been the lower-risk option at 3.12%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TXUG or RODM?

Over the 1-year period, RODM has performed better with a 25.48% return vs 5.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TXUG or RODM?

RODM is cheaper with a 0.29% expense ratio, compared with 0.70% for TXUG.

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

RODM has the higher dividend yield at 2.80%, compared with 0.47% for TXUG.

What is the main difference between TXUG and RODM?

They also come from different issuers: Thornburg and Hartford. Their fees differ too: 0.70% for TXUG and 0.29% for RODM.

Which has better risk-adjusted returns?

RODM currently has the higher Sharpe Ratio (2.39 vs 0.34), 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.