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 9 ETFs in the Volatility Hedged Equity category with lower expense ratios, going as low as 0.12%.

Symbol	Name	Expense Ratio	AUM	Inception
LGLV	SPDR SSGA US Large Cap Low Volatility Index ETF	0.12%	1.16B	Feb 2013	EELV vs LGLV
SMLV	SPDR SSGA US Small Cap Low Volatility Index ETF	0.12%	253.62M	Feb 2013	EELV vs SMLV
FDLO	Fidelity Low Volatility Factor ETF	0.15%	1.37B	Sep 2016	EELV vs FDLO
ONEV	SPDR Russell 1000 Low Volatility Focus ETF	0.20%	345.21M	Dec 2015	EELV vs ONEV
QLV	FlexShares US Quality Low Volatility Index Fund	0.22%	161.88M	Jul 2019	EELV vs QLV

Best Risk-Adjusted Alternatives to EELV

EELV has a PortfoliosLab risk / return rank of 40. There are 13 ETFs in the Volatility Hedged Equity category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
LVHI	Franklin International Low Volatility High Dividen...	96	5.00B	Jul 2016	EELV vs LVHI
FLLV	Franklin Liberty U.S. Low Volatility ETF	92	112.15M	Sep 2016	EELV vs FLLV
VSMV	VictoryShares US Multi-Factor Minimum Volatility E...	92	155.19M	Jun 2017	EELV vs VSMV
SMLV	SPDR SSGA US Small Cap Low Volatility Index ETF	81	253.62M	Feb 2013	EELV vs SMLV
SIXH	6 Meridian Hedged Equity-Index Option Strategy ETF	77	488.90M	May 2020	EELV vs SIXH

Top Performing EELV Alternatives (YTD)

EELV is at 5.79% YTD. There are 18 ETFs in the Volatility Hedged Equity category with higher YTD returns, going as high as 24.21%.

Symbol	Name	YTD Return	AUM	Inception
SMLV	SPDR SSGA US Small Cap Low Volatility Index ETF	24.21%	253.62M	Feb 2013	EELV vs SMLV
XSLV	Invesco S&P SmallCap Low Volatility ETF	18.15%	244.06M	Feb 2013	EELV vs XSLV
XSHD	Invesco S&P SmallCap High Dividend Low Volatility ...	18.05%	72.60M	Dec 2016	EELV vs XSHD
LVHI	Franklin International Low Volatility High Dividen...	15.46%	5.00B	Jul 2016	EELV vs LVHI
FLLV	Franklin Liberty U.S. Low Volatility ETF	13.80%	112.15M	Sep 2016	EELV vs FLLV

Lowest Volatility Alternatives to EELV

EELV has 11.07% 1-year volatility. There are 14 ETFs in the Volatility Hedged Equity category with lower 1-year volatility, going as low as 7.81%.

Symbol	Name	Volatility 1Y	AUM	Inception
QLV	FlexShares US Quality Low Volatility Index Fund	7.81%	161.88M	Jul 2019	EELV vs QLV
SIXH	6 Meridian Hedged Equity-Index Option Strategy ETF	7.82%	488.90M	May 2020	EELV vs SIXH
FLLV	Franklin Liberty U.S. Low Volatility ETF	8.35%	112.15M	Sep 2016	EELV vs FLLV
EJAN	Innovator Emerging Markets Power Buffer ETF Januar...	8.46%	144.84M	Jan 2020	EELV vs EJAN
TAIL	Cambria Tail Risk ETF	8.52%	145.21M	Apr 2017	EELV vs TAIL

Lowest Drawdown Alternatives to EELV

EELV has a 1-year max drawdown of -8.22%. There are 15 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%	155.19M	Jun 2017	EELV vs VSMV
LVHI	Franklin International Low Volatility High Dividen...	-6.08%	5.00B	Jul 2016	EELV vs LVHI
QLV	FlexShares US Quality Low Volatility Index Fund	-6.19%	161.88M	Jul 2019	EELV vs QLV

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 $481B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
QQQ	Invesco QQQ ETF	Nasdaq-100	53	15.19%	481.14B	Mar 1999	EELV vs QQQ
SPMO	Invesco S&P 500 Momentum ETF	Momentum, S&P 500	51	22.29%	22.01B	Oct 2015	EELV vs SPMO
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	54	15.22%	100.59B	Oct 2020	EELV vs QQQM
RSP	Invesco S&P 500 Equal Weight ETF	S&P 500, Equal Weight	63	13.18%	96.24B	Apr 2003	EELV vs RSP
SOXQ	Invesco PHLX Semiconductor ETF	Semiconductors, Technology Equities	89	67.78%	2.58B	Jun 2021	EELV vs SOXQ
SPHQ	Invesco S&P 500 Quality ETF	S&P 500, Large Cap Blend Equities	60	14.73%	20.11B	Dec 2005	EELV vs SPHQ
XLG	Invesco S&P 500 Top 50 ETF	S&P 500	37	4.04%	10.85B	May 2005	EELV vs XLG
SPHD	Invesco S&P 500® High Dividend Low Volatility ETF	Dividend, S&P 500, Large Cap Value Equities	46	13.60%	3.29B	Oct 2012	EELV vs SPHD
XMMO	Invesco S&P MidCap Momentum ETF	Momentum, Mid Cap Growth Equities	47	14.42%	7.45B	Mar 2005	EELV vs XMMO
IDMO	Invesco S&P International Developed Momentum ETF	Momentum, Foreign Large Cap Equities	42	8.27%	3.99B	Feb 2012	EELV vs IDMO

Often Compared With EELV

Investors most often compare EELV with JPEM, MINDX, EDIV. These 20 comparison targets span 13 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	43	6.18%	383.52M	Jan 2015	EELV vs JPEM
MINDX	Matthews India Fund	India Equities, Asia Pacific Equities	1	-8.14%	—	Oct 2005	EELV vs MINDX
EDIV	SPDR S&P Emerging Markets Dividend ETF	Emerging Markets Equities, Dividend	37	9.97%	1.22B	Feb 2011	EELV vs EDIV
IEMG	iShares Core MSCI Emerging Markets ETF	Emerging Markets Diversified	53	17.13%	156.92B	Oct 2012	EELV vs IEMG
DODEX	Dodge & Cox Emerging Markets Stock Fund	Emerging Markets Diversified	91	23.72%	—	May 2021	EELV vs DODEX
SMH	VanEck Semiconductor ETF	Semiconductors, Technology Equities	90	57.98%	73.62B	Dec 2011	EELV vs SMH
XLK	State Street Technology Select Sector SPDR ETF	Technology Equities	54	23.60%	120.59B	Dec 1998	EELV vs XLK
QLVD	FlexShares Developed Markets ex-US Quality Low Vol...	Volatility Hedged Equity	37	7.21%	53.11M	Jul 2019	EELV vs QLVD
JPST	JPMorgan Ultra-Short Income ETF	Ultrashort Bond	99	1.83%	39.85B	May 2017	EELV vs JPST
UPRO	ProShares UltraPro S&P 500	Leveraged Equities, S&P 500	51	24.61%	5.47B	Jun 2009	EELV vs UPRO
SPEM	SPDR Portfolio Emerging Markets ETF	Emerging Markets Equities	43	10.11%	17.31B	Mar 2007	EELV vs SPEM
FXAIX	Fidelity 500 Index Fund	S&P 500	69	11.32%	—	Feb 1988	EELV vs FXAIX
KONG	Formidable Fortress ETF	Volatility Hedged Equity	22	3.78%	22.09M	Jul 2021	EELV vs KONG
DIEM	Franklin Emerging Market Core Dividend Tilt Index ...	Emerging Markets Diversified	71	23.35%	71.44M	Jun 2016	EELV vs DIEM
INFL	Horizon Kinetics Inflation Beneficiaries ETF	Global Equities	45	13.76%	1.47B	Jan 2021	EELV vs INFL
CGNG	Capital Group New Geography Equity ETF	Emerging Markets Diversified	41	11.02%	2.65B	Jun 2024	EELV vs CGNG
IDLV	Invesco S&P International Developed Low Volatility...	Volatility Hedged Equity	42	6.89%	335.34M	Jan 2012	EELV vs IDLV
XMLV	Invesco S&P MidCap Low Volatility ETF	Volatility Hedged Equity	53	12.59%	739.11M	Feb 2013	EELV vs XMLV
EFAV	iShares MSCI EAFE Min Vol Factor ETF	Foreign Large Cap Equities	39	6.63%	5.14B	Oct 2011	EELV vs EFAV
LVHD	Franklin U.S. Low Volatility High Dividend Index E...	Dividend	60	14.62%	606.87M	Dec 2015	EELV vs LVHD

Compare EELV with Any Fund or Stock

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

Symbol name

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