VMAX vs. ROSC

Last updated Jun 4, 2026

VMAX (Hartford US Value ETF) and ROSC (Hartford Multifactor Small Cap ETF) are both exchange-traded funds - VMAX is a Large Cap Value Equities fund actively managed by Hartford, while ROSC is a Small Cap Blend Equities fund tracking the ROSC-US - Hartford Multifactor Small Cap Index. VMAX is actively managed, while ROSC is passively managed. Over the past year, VMAX returned 27.28% vs 30.49% for ROSC. Their correlation of 0.84 suggests significant overlap in exposure. VMAX charges 0.29%/yr vs 0.34%/yr for ROSC.

Performance

VMAX vs. ROSC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford US Value ETF (VMAX) and Hartford Multifactor Small Cap ETF (ROSC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with VMAX having a 12.22% return and ROSC slightly lower at 11.71%.

VMAX

• 1D: -0.50%
• 1M: 2.11%
• YTD: 12.22%
• 6M: 13.50%
• 1Y: 27.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ROSC

• 1D: -0.88%
• 1M: 0.50%
• YTD: 11.71%
• 6M: 12.39%
• 1Y: 30.49%
• 3Y*: 15.86%
• 5Y*: 8.05%
• 10Y*: 10.48%

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

VMAX vs. ROSC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
VMAX Hartford US Value ETF	12.22%	15.65%	15.89%	6.98%
ROSC Hartford Multifactor Small Cap ETF	11.71%	10.18%	7.28%	8.91%

Correlation

The correlation between VMAX and ROSC is 0.82, 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	0.82
Correlation (All Time) Calculated using the full available price history since Dec 7, 2023	0.84

The correlation between VMAX and ROSC has been stable across timeframes, ranging from 0.82 to 0.84 - a consistent structural relationship.

VMAX vs. ROSC - Sectors Allocation Comparison

Sectors	VMAX	ROSC
Financial Services	33.3%	18.7%
Energy	12.3%	3.8%
Healthcare	11.0%	20.1%
Technology	10.8%	12.1%
Communication Services	6.7%	3.6%
Utilities	5.7%	1.9%
Industrials	5.6%	11.2%
Real Estate	4.3%	5.5%
Consumer Defensive	3.9%	6.6%
Consumer Cyclical	3.7%	14.1%
Basic Materials	2.8%	2.5%

Return for Risk

VMAX vs. ROSC — Risk / Return Rank

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

VMAX

VMAX Risk / Return Rank: 75
VMAX Sharpe Ratio Rank: 67
VMAX Sortino Ratio Rank: 67
VMAX Omega Ratio Rank: 65
VMAX Calmar Ratio Rank: 90
VMAX Martin Ratio Rank: 88

ROSC

ROSC Risk / Return Rank: 65
ROSC Sharpe Ratio Rank: 58
ROSC Sortino Ratio Rank: 62
ROSC Omega Ratio Rank: 57
ROSC Calmar Ratio Rank: 78
ROSC 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.

VMAX vs. ROSC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford US Value ETF (VMAX) and Hartford Multifactor Small Cap ETF (ROSC). 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.

	VMAX	ROSC	Difference
Sharpe ratio: Return per unit of total volatility	2.25	1.97	+0.27
Sortino ratio: Return per unit of downside risk	3.07	2.90	+0.17
Omega ratio: Gain probability vs. loss probability	1.39	1.35	+0.05
Calmar ratio: Return relative to maximum drawdown	5.56	3.95	+1.61
Martin ratio: Return relative to average drawdown	19.55	12.81	+6.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VMAX vs. ROSC - Sharpe Ratio Comparison

The current VMAX Sharpe Ratio is 2.25, which is comparable to the ROSC Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of VMAX and ROSC, 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

	VMAX	ROSC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	1.97	+0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.42	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.52	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.37	0.46	+0.91

Drawdowns

VMAX vs. ROSC - Drawdown Comparison

The maximum VMAX drawdown since its inception was -19.05%, smaller than the maximum ROSC drawdown of -43.13%. Use the drawdown chart below to compare losses from any high point for VMAX and ROSC.

Drawdown Indicators

	VMAX	ROSC	Difference
Max Drawdown Largest peak-to-trough decline	-19.05%	-43.13%	+24.08%
Max Drawdown (1Y) Largest decline over 1 year	-4.93%	-7.75%	+2.82%
Max Drawdown (3Y) Largest decline over 3 years	—	-23.74%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.74%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-43.13%	—
Current Drawdown Current decline from peak	-0.50%	-1.76%	+1.26%
Average Drawdown Average peak-to-trough decline	-2.57%	-7.21%	+4.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.40%	2.39%	-0.99%

Volatility

VMAX vs. ROSC - Volatility Comparison

The current volatility for Hartford US Value ETF (VMAX) is 2.55%, while Hartford Multifactor Small Cap ETF (ROSC) has a volatility of 3.54%. This indicates that VMAX experiences smaller price fluctuations and is considered to be less risky than ROSC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VMAX	ROSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.55%	3.54%	-0.99%
Volatility (6M) Calculated over the trailing 6-month period	8.71%	10.30%	-1.59%
Volatility (1Y) Calculated over the trailing 1-year period	12.22%	15.56%	-3.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.45%	19.32%	-3.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.45%	20.28%	-4.83%

VMAX vs. ROSC - Expense Ratio Comparison

VMAX has a 0.29% expense ratio, which is lower than ROSC's 0.34% expense ratio.

Dividends

VMAX vs. ROSC - Dividend Comparison

VMAX's dividend yield for the trailing twelve months is around 1.91%, more than ROSC's 1.87% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ROSC Hartford Multifactor Small Cap ETF	1.87%	2.08%	2.00%	2.01%	1.51%	2.13%	1.75%	3.05%	2.86%	2.13%	2.20%	2.48%
VMAX Hartford US Value ETF	1.91%	2.14%	1.95%	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 VMAX and ROSC in my portfolio?

VMAX and ROSC have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VMAX or ROSC?

ROSC has higher volatility (3.54%) compared to VMAX (2.55%). In terms of maximum drawdown, VMAX dropped -19.05% vs ROSC's -43.13%.

Which ETF is better, VMAX or ROSC?

On 1-year performance, ROSC leads with 30.49% vs 27.28% for VMAX. On fees, VMAX is cheaper at 0.29% per year. On volatility, VMAX has been the lower-risk option at 2.55%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VMAX or ROSC?

Over the 1-year period, ROSC has performed better with a 30.49% return vs 27.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VMAX or ROSC?

VMAX is cheaper with a 0.29% expense ratio, compared with 0.34% for ROSC.

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

VMAX has the higher dividend yield at 1.91%, compared with 1.87% for ROSC.

What is the main difference between VMAX and ROSC?

VMAX is categorized as Large Cap Value Equities, while ROSC is Small Cap Blend Equities. Their fees differ too: 0.29% for VMAX and 0.34% for ROSC.

Which has better risk-adjusted returns?

VMAX currently has the higher Sharpe Ratio (2.25 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.