EELV Alternatives & Similar ETFs

Invesco S&P Emerging Markets Low Volatility ETF (EELV) belongs to the Volatility Hedged Equity category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EELV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to EELV

EELV charges 0.30% annually. There are 10 ETFs in the Volatility Hedged Equity category with lower expense ratios, going as low as 0.12%.

Symbol	Name	Expense Ratio	AUM	Inception
SMLV	SPDR SSGA US Small Cap Low Volatility Index ETF	0.12%	241.74M	Feb 2013	EELV vs SMLV
LGLV	SPDR SSGA US Large Cap Low Volatility Index ETF	0.12%	1.12B	Feb 2013	EELV vs LGLV
ONEV	SPDR Russell 1000 Low Volatility Focus ETF	0.20%	430.40M	Dec 2015	EELV vs ONEV
QLV	FlexShares US Quality Low Volatility Index Fund	0.22%	161.41M	Jul 2019	EELV vs QLV
IDLV	Invesco S&P International Developed Low Volatility...	0.25%	348.63M	Jan 2012	EELV vs IDLV

Best Risk-Adjusted Alternatives to EELV

EELV has a PortfoliosLab risk / return rank of 38. There are 11 ETFs in the Volatility Hedged Equity category with higher risk-adjusted ranks, going as high as 92.

Symbol	Name	Risk / Return Rank	AUM	Inception
FLLV	Franklin Liberty U.S. Low Volatility ETF	92	112.15M	Sep 2016	EELV vs FLLV
LVHI	Franklin International Low Volatility High Dividen...	91	4.94B	Jul 2016	EELV vs LVHI
VSMV	VictoryShares US Multi-Factor Minimum Volatility E...	87	156.35M	Jun 2017	EELV vs VSMV
QLVE	FlexShares Emerging Markets Quality Low Volatility...	61	17.09M	Jul 2019	EELV vs QLVE
DVQQ	WEBs QQQ Defined Volatility ETF	58	3.20M	Dec 2024	EELV vs DVQQ

Top Performing EELV Alternatives (YTD)

EELV is at 4.49% YTD. There are 15 ETFs in the Volatility Hedged Equity category with higher YTD returns, going as high as 20.55%.

Symbol	Name	YTD Return	AUM	Inception
DVQQ	WEBs QQQ Defined Volatility ETF	20.55%	3.20M	Dec 2024	EELV vs DVQQ
QLVE	FlexShares Emerging Markets Quality Low Volatility...	16.77%	17.09M	Jul 2019	EELV vs QLVE
SMLV	SPDR SSGA US Small Cap Low Volatility Index ETF	14.58%	241.74M	Feb 2013	EELV vs SMLV
FLLV	Franklin Liberty U.S. Low Volatility ETF	13.52%	112.15M	Sep 2016	EELV vs FLLV
LVHI	Franklin International Low Volatility High Dividen...	12.09%	4.94B	Jul 2016	EELV vs LVHI

Lowest Volatility Alternatives to EELV

EELV has 10.88% 1-year volatility. There are 15 ETFs in the Volatility Hedged Equity category with lower 1-year volatility, going as low as 7.60%.

Symbol	Name	Volatility 1Y	AUM	Inception
SIXH	6 Meridian Hedged Equity-Index Option Strategy ETF	7.60%	488.90M	May 2020	EELV vs SIXH
QLV	FlexShares US Quality Low Volatility Index Fund	7.66%	161.41M	Jul 2019	EELV vs QLV
EJAN	Innovator Emerging Markets Power Buffer ETF Januar...	7.93%	155.81M	Jan 2020	EELV vs EJAN
FLLV	Franklin Liberty U.S. Low Volatility ETF	8.30%	112.15M	Sep 2016	EELV vs FLLV
TAIL	Cambria Tail Risk ETF	8.51%	151.70M	Apr 2017	EELV vs TAIL

Lowest Drawdown Alternatives to EELV

EELV has a 1-year max drawdown of -8.22%. There are 16 ETFs in the Volatility Hedged Equity category with shallower 1-year drawdowns, going as shallow as -4.36%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
SIXH	6 Meridian Hedged Equity-Index Option Strategy ETF	-4.36%	488.90M	May 2020	EELV vs SIXH
FLLV	Franklin Liberty U.S. Low Volatility ETF	-4.90%	112.15M	Sep 2016	EELV vs FLLV
VSMV	VictoryShares US Multi-Factor Minimum Volatility E...	-5.18%	156.35M	Jun 2017	EELV vs VSMV
LVHI	Franklin International Low Volatility High Dividen...	-6.08%	4.94B	Jul 2016	EELV vs LVHI
LVHD	Legg Mason Low Volatility High Dividend ETF	-6.17%	581.01M	Dec 2015	EELV vs LVHD

Other ETFs from Invesco

The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 11 categories. AUM among these funds goes as high as $494B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
QQQ	Invesco QQQ ETF	Nasdaq-100	74	20.71%	493.99B	Mar 1999	EELV vs QQQ
SPMO	Invesco S&P 500 Momentum ETF	Momentum, S&P 500	75	28.45%	19.93B	Oct 2015	EELV vs SPMO
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	75	20.73%	96.91B	Oct 2020	EELV vs QQQM
RSP	Invesco S&P 500 Equal Weight ETF	S&P 500	55	10.53%	89.51B	Apr 2003	EELV vs RSP
XLG	Invesco S&P 500 Top 50 ETF	S&P 500	60	8.03%	11.15B	May 2005	EELV vs XLG
SOXQ	Invesco PHLX Semiconductor ETF	Semiconductors, Technology Equities	96	92.48%	2.41B	Jun 2021	EELV vs SOXQ
SPHQ	Invesco S&P 500 Quality ETF	S&P 500, Large Cap Blend Equities	58	16.16%	18.88B	Dec 2005	EELV vs SPHQ
SPHD	Invesco S&P 500® High Dividend Low Volatility ETF	Dividend, S&P 500, Large Cap Value Equities	27	5.63%	3.23B	Oct 2012	EELV vs SPHD
PPA	Invesco Aerospace & Defense ETF	Aerospace & Defense, Industrials Equities	43	10.82%	8.37B	Oct 2005	EELV vs PPA
XMMO	Invesco S&P MidCap Momentum ETF	Momentum, Mid Cap Growth Equities	71	24.24%	7.49B	Mar 2005	EELV vs XMMO

Often Compared With EELV

Investors most often compare EELV with JPEM, MINDX, IEMG. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
JPEM	J.P. Morgan Diversified Return Emerging Markets Eq...	Emerging Markets Equities	49	7.27%	390.16M	Jan 2015	EELV vs JPEM
MINDX	Matthews India Fund	Asia Pacific Equities	1	-13.54%	—	Oct 2005	EELV vs MINDX
IEMG	iShares Core MSCI Emerging Markets ETF	Emerging Markets Diversified	77	24.98%	162.03B	Oct 2012	EELV vs IEMG
EDIV	SPDR S&P Emerging Markets Dividend ETF	Emerging Markets Equities, Dividend	33	6.94%	1.25B	Feb 2011	EELV vs EDIV
DODEX	Dodge & Cox Emerging Markets Stock Fund	Emerging Markets Diversified	93	24.15%	—	May 2021	EELV vs DODEX
SMH	VanEck Semiconductor ETF	Semiconductors, Technology Equities	96	74.25%	67.82B	Dec 2011	EELV vs SMH
XLK	State Street Technology Select Sector SPDR ETF	Technology Equities	82	34.34%	121.66B	Dec 1998	EELV vs XLK
JPST	JPMorgan Ultra-Short Income ETF	Ultrashort Bond	99	1.38%	38.40B	May 2017	EELV vs JPST
SPEM	SPDR Portfolio Emerging Markets ETF	Emerging Markets Equities	57	12.50%	17.83B	Mar 2007	EELV vs SPEM
QLVD	FlexShares Developed Markets ex-US Quality Low Vol...	Volatility Hedged Equity	22	3.56%	56.57M	Jul 2019	EELV vs QLVD
UPRO	ProShares UltraPro S&P 500	Leveraged Equities, S&P 500	66	29.29%	5.55B	Jun 2009	EELV vs UPRO
FXAIX	Fidelity 500 Index Fund	S&P 500	66	10.89%	—	Feb 1988	EELV vs FXAIX
FDLO	Fidelity Low Volatility Factor ETF	Volatility Hedged Equity	52	5.38%	1.40B	Sep 2016	EELV vs FDLO
DIEM	Franklin Emerging Market Core Dividend Tilt Index ...	Emerging Markets Diversified	89	31.36%	60.92M	Jun 2016	EELV vs DIEM
KONG	Formidable Fortress ETF	Volatility Hedged Equity	22	3.01%	22.09M	Jul 2021	EELV vs KONG
CGNG	Capital Group New Geography Equity ETF	Emerging Markets Diversified	56	15.66%	2.35B	Jun 2024	EELV vs CGNG
INFL	Horizon Kinetics Inflation Beneficiaries ETF	Global Equities	49	18.15%	1.59B	Jan 2021	EELV vs INFL
XMLV	Invesco S&P MidCap Low Volatility ETF	Volatility Hedged Equity	22	3.34%	716.19M	Feb 2013	EELV vs XMLV
EFAV	iShares Edge MSCI Min Vol EAFE ETF	Foreign Large Cap Equities	28	4.42%	5.33B	Oct 2011	EELV vs EFAV
XSLV	Invesco S&P SmallCap Low Volatility ETF	Volatility Hedged Equity	29	7.90%	234.39M	Feb 2013	EELV vs XSLV

Compare EELV with Any Fund or Stock

Compare EELV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair EELV with funds that move differently

Invesco S&P Emerging Markets Low Volatility ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EELV.

Explore EELV Diversifiers

Invesco S&P Emerging Markets Low Volatility ETF (EELV) Alternatives