RODM vs SPY
Hartford Multifactor Developed Markets (ex-US) ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. RODM delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | RODM | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.09% | |
| AUM | $1.6B | $789.1B | |
| Dividend Yield | 2.88% | 1.01% | |
| Holdings | 340 | 505 | |
| YTD Return | +15.17% | +14.47% | |
| 1Y Return | +24.08% | +21.96% | |
| 3Y Return (annualized) | +20.50% | +21.70% | |
| 5Y Return (annualized) | +9.71% | +13.30% | |
| Volatility (annualized) | 13.7% | 15.3% | |
| Max Drawdown | -38.3% | -56.5% | |
| Fund Family | Hartford Funds | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Feb 25, 2015 | Jan 22, 1993 |
RODM vs SPY Performance
Hartford Multifactor Developed Markets (ex-US) ETF (RODM) is a ETF from Hartford Funds and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year RODM returned +24.08% while SPY returned +21.96%. Year to date, RODM is up 15.17% versus a gain of 14.47% for SPY.
Over three years, RODM compounded at +20.50% per year against +21.70% for SPY; over five years the annualized figures are +9.71% and +13.30% respectively. Across the full 12-year window we track, SPY has the edge at +8.87% annualized vs +6.53%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 13.7% for RODM. 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 -38.3% for RODM and -56.5% for SPY. 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RODM charges 0.29% per year while SPY charges 0.09%. On a $10,000 position that is $29 vs $9 annually, a gap of $20 per year that compounds over a long holding period. On income, RODM currently yields 2.88% against 1.01% for SPY.
Holdings Overlap
RODM and SPY share 0 holdings out of 838 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, RODM or SPY?
RODM has an expense ratio of 0.29% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $20 per year of difference.
Which performed better, RODM or SPY?
Over the past year RODM returned +24.08% vs +21.96% for SPY, so RODM leads on 1-year performance. Over the longest common window we track (12 years), RODM annualized +6.53% vs +8.87% for SPY. Past performance does not guarantee future results.
Which is riskier, RODM or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 13.7% for RODM. Worst drawdown: RODM -38.3% vs SPY -56.5%.
Should I hold both RODM and SPY?
RODM and SPY have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RODM and SPY?
RODM and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 838 unique securities.
Which pays a higher dividend, RODM or SPY?
RODM yields 2.88% while SPY yields 1.01%, so RODM currently pays the higher dividend yield.
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