RODE vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricRODEVOOWinner
Expense Ratio0.29%0.03%
AUM$17M$979.0B
Dividend Yield6.06%1.09%
Holdings317509
YTD Return+0.73%+13.44%
1Y Return-0.70%+22.62%
3Y Return (annualized)+7.26%+21.47%
5Y Return (annualized)+7.23%+13.27%
Volatility (annualized)15.4%14.1%
Max Drawdown-36.7%-34.3%
Fund FamilyHartford FundsVanguard (US)
CategoryEquityEquity
InceptionMay 10, 2017Sep 7, 2010

RODE vs VOO Performance

Hartford Multifactor Diversified International ETF (RODE) is a ETF from Hartford Funds and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year RODE returned -0.70% while VOO returned +22.62%. Year to date, RODE is up 0.73% versus a gain of 13.44% for VOO.

Over three years, RODE compounded at +7.26% per year against +21.47% for VOO; over five years the annualized figures are +7.23% and +13.27% respectively. Across the full 8-year window we track, VOO has the edge at +13.55% annualized vs +4.60%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

RODE has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -36.7% for RODE and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

RODE charges 0.29% per year while VOO charges 0.03%. On a $10,000 position that is $29 vs $3 annually, a gap of $26 per year that compounds over a long holding period. On income, RODE currently yields 6.06% against 1.09% for VOO.

Frequently Asked Questions

Which is cheaper, RODE or VOO?

RODE has an expense ratio of 0.29% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $26 per year of difference.

Which performed better, RODE or VOO?

Over the past year RODE returned -0.70% vs +22.62% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (8 years), RODE annualized +4.60% vs +13.55% for VOO. Past performance does not guarantee future results.

Which is riskier, RODE or VOO?

RODE has been the more volatile fund at 15.4% annualized versus 14.1% for VOO. Worst drawdown: RODE -36.7% vs VOO -34.3%.

Should I hold both RODE and VOO?

RODE and VOO have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, RODE or VOO?

RODE yields 6.06% while VOO yields 1.09%, so RODE currently pays the higher dividend yield.

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