VMAX vs. ROUS

Last updated Jun 4, 2026

VMAX (Hartford US Value ETF) and ROUS (Hartford Multifactor US Equity ETF) are both exchange-traded funds - VMAX is a Large Cap Value Equities fund actively managed by Hartford, while ROUS is a Large Cap Growth Equities fund tracking the Hartford Multi-factor Large Cap Index. VMAX is actively managed, while ROUS is passively managed. Over the past year, VMAX returned 27.28% vs 29.42% for ROUS. Their correlation of 0.90 suggests significant overlap in exposure. VMAX charges 0.29%/yr vs 0.19%/yr for ROUS.

Performance

VMAX vs. ROUS - Performance Comparison

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

Returns By Period

In the year-to-date period, VMAX achieves a 12.22% return, which is significantly lower than ROUS's 16.55% return.

VMAX

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

ROUS

• 1D: 0.01%
• 1M: 6.18%
• YTD: 16.55%
• 6M: 16.75%
• 1Y: 29.42%
• 3Y*: 20.87%
• 5Y*: 12.84%
• 10Y*: 13.01%

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

VMAX vs. ROUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
VMAX Hartford US Value ETF	12.22%	15.65%	15.89%	6.98%
ROUS Hartford Multifactor US Equity ETF	16.55%	15.21%	17.61%	4.52%

Correlation

The correlation between VMAX and ROUS is 0.89, 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	0.89
Correlation (All Time) Calculated using the full available price history since Dec 7, 2023	0.90

The correlation between VMAX and ROUS has been stable across timeframes, ranging from 0.89 to 0.90 - a consistent structural relationship.

VMAX vs. ROUS - Sectors Allocation Comparison

Sectors	VMAX	ROUS
Financial Services	33.3%	10.6%
Energy	12.3%	3.0%
Healthcare	11.0%	10.7%
Technology	10.8%	33.2%
Communication Services	6.7%	8.6%
Utilities	5.7%	3.8%
Industrials	5.6%	10.4%
Real Estate	4.3%	2.1%
Consumer Defensive	3.9%	5.8%
Consumer Cyclical	3.7%	9.6%
Basic Materials	2.8%	2.2%

Return for Risk

VMAX vs. ROUS — 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

ROUS

ROUS Risk / Return Rank: 83
ROUS Sharpe Ratio Rank: 79
ROUS Sortino Ratio Rank: 81
ROUS Omega Ratio Rank: 76
ROUS Calmar Ratio Rank: 87
ROUS Martin Ratio Rank: 89

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. ROUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford US Value ETF (VMAX) and Hartford Multifactor US Equity ETF (ROUS). 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	ROUS	Difference
Sharpe ratio: Return per unit of total volatility	2.25	2.60	-0.36
Sortino ratio: Return per unit of downside risk	3.07	3.67	-0.60
Omega ratio: Gain probability vs. loss probability	1.39	1.46	-0.06
Calmar ratio: Return relative to maximum drawdown	5.56	4.95	+0.61
Martin ratio: Return relative to average drawdown	19.55	20.38	-0.82
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. ROUS - Sharpe Ratio Comparison

The current VMAX Sharpe Ratio is 2.25, which is comparable to the ROUS Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of VMAX and ROUS, 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	ROUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	2.60	-0.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.90	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.37	0.67	+0.70

Drawdowns

VMAX vs. ROUS - Drawdown Comparison

The maximum VMAX drawdown since its inception was -19.05%, smaller than the maximum ROUS drawdown of -35.51%. Use the drawdown chart below to compare losses from any high point for VMAX and ROUS.

Drawdown Indicators

	VMAX	ROUS	Difference
Max Drawdown Largest peak-to-trough decline	-19.05%	-35.51%	+16.46%
Max Drawdown (1Y) Largest decline over 1 year	-4.93%	-5.97%	+1.04%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.81%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.91%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.51%	—
Current Drawdown Current decline from peak	-0.50%	0.00%	-0.50%
Average Drawdown Average peak-to-trough decline	-2.57%	-4.24%	+1.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.40%	1.45%	-0.05%

Volatility

VMAX vs. ROUS - Volatility Comparison

Hartford US Value ETF (VMAX) and Hartford Multifactor US Equity ETF (ROUS) have volatilities of 2.55% and 2.54%, 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

	VMAX	ROUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.55%	2.54%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	8.71%	8.50%	+0.21%
Volatility (1Y) Calculated over the trailing 1-year period	12.22%	11.37%	+0.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.45%	14.38%	+1.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.45%	16.96%	-1.51%

VMAX vs. ROUS - Expense Ratio Comparison

VMAX has a 0.29% expense ratio, which is higher than ROUS's 0.19% expense ratio.

Dividends

VMAX vs. ROUS - Dividend Comparison

VMAX's dividend yield for the trailing twelve months is around 1.91%, more than ROUS's 1.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ROUS Hartford Multifactor US Equity ETF	1.32%	1.52%	1.62%	1.91%	1.88%	1.38%	2.01%	2.12%	1.89%	1.54%	1.97%	1.62%
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 ROUS in my portfolio?

VMAX and ROUS have a correlation of 0.89, 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 ROUS?

VMAX has higher volatility (2.55%) compared to ROUS (2.54%). In terms of maximum drawdown, VMAX dropped -19.05% vs ROUS's -35.51%.

Which ETF is better, VMAX or ROUS?

On 1-year performance, ROUS leads with 29.42% vs 27.28% for VMAX. On fees, ROUS is cheaper at 0.19% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VMAX or ROUS?

Over the 1-year period, ROUS has performed better with a 29.42% 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 ROUS?

ROUS is cheaper with a 0.19% expense ratio, compared with 0.29% for VMAX.

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

VMAX has the higher dividend yield at 1.91%, compared with 1.32% for ROUS.

What is the main difference between VMAX and ROUS?

VMAX is categorized as Large Cap Value Equities, while ROUS is Large Cap Growth Equities. Their fees differ too: 0.29% for VMAX and 0.19% for ROUS.

Which has better risk-adjusted returns?

ROUS currently has the higher Sharpe Ratio (2.60 vs 2.25), 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.