Invesco DWA Emerging Markets Momentum ETF (PIE) Alternatives

Invesco DWA Emerging Markets Momentum ETF (PIE) belongs to the Emerging Markets Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PIE. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to PIE

PIE charges 0.90% annually. Among ETFs in the Emerging Markets Equities category, these options have the lowest expense ratios among PIE alternatives.

Symbol	Name	Expense Ratio	Inception
VEXC	Vanguard Emerging Markets Ex-China ETF	0.07%	Sep 30, 2025	PIE vs VEXC
VWO	Vanguard FTSE Emerging Markets ETF	0.08%	Mar 4, 2005	PIE vs VWO
SCHE	Schwab Emerging Markets Equity ETF	0.11%	Jan 14, 2010	PIE vs SCHE
SPEM	SPDR Portfolio Emerging Markets ETF	0.11%	Mar 19, 2007	PIE vs SPEM
EMCR	Xtrackers Emerging Markets Carbon Reduction and Cl...	0.15%	Dec 6, 2018	PIE vs EMCR

Best Risk-Adjusted Alternatives to PIE

Among ETFs in the Emerging Markets Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
EMIF	iShares Emerging Markets Infrastructure ETF	95	Jun 16, 2009	PIE vs EMIF
EMXC	iShares MSCI Emerging Markets ex China ETF	94	Jul 19, 2017	PIE vs EMXC
ECOW	Pacer Emerging Markets Cash Cows 100 ETF	93	May 2, 2019	PIE vs ECOW
ROAM	Hartford Multifactor Emerging Markets ETF	93	Feb 26, 2015	PIE vs ROAM
SDEM	Global X MSCI SuperDividend Emerging Markets ETF	93	Mar 17, 2015	PIE vs SDEM

Top Performing PIE Alternatives (YTD)

PIE alternatives from the Emerging Markets Equities category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
TUR	iShares MSCI Turkey ETF	12.29%	Mar 26, 2008	PIE vs TUR
DVYE	iShares Emerging Markets Dividend ETF	10.67%	Feb 23, 2012	PIE vs DVYE
FEM	First Trust Emerging Markets AlphaDEX Fund	9.64%	Apr 18, 2011	PIE vs FEM
ECOW	Pacer Emerging Markets Cash Cows 100 ETF	9.29%	May 2, 2019	PIE vs ECOW
KSA	iShares MSCI Saudi Arabia ETF	9.17%	Sep 16, 2015	PIE vs KSA

Lowest Volatility Alternatives to PIE

PIE alternatives from the Emerging Markets Equities category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
EMDV	ProShares MSCI Emerging Markets Dividend Growers E...	11.95%	Jan 25, 2016	PIE vs EMDV
QAT	iShares MSCI Qatar ETF	13.22%	Apr 29, 2014	PIE vs QAT
EDIV	SPDR S&P Emerging Markets Dividend ETF	13.77%	Feb 23, 2011	PIE vs EDIV
JPEM	J.P. Morgan Diversified Return Emerging Markets Eq...	14.07%	Jan 7, 2015	PIE vs JPEM
DEM	WisdomTree Emerging Markets Equity Income Fund	15.04%	Jul 13, 2007	PIE vs DEM

Lowest Drawdown Alternatives to PIE

PIE alternatives from the Emerging Markets Equities category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
EMDV	ProShares MSCI Emerging Markets Dividend Growers E...	-7.48%	Jan 25, 2016	PIE vs EMDV
SDEM	Global X MSCI SuperDividend Emerging Markets ETF	-9.78%	Mar 17, 2015	PIE vs SDEM
JPEM	J.P. Morgan Diversified Return Emerging Markets Eq...	-10.32%	Jan 7, 2015	PIE vs JPEM
EDIV	SPDR S&P Emerging Markets Dividend ETF	-10.36%	Feb 23, 2011	PIE vs EDIV
QEMM	SPDR MSCI Emerging Markets StrategicFactors ETF	-10.40%	Jun 4, 2014	PIE vs QEMM

Other ETFs from Invesco

Most popular Invesco ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
QQQ	Invesco QQQ ETF	Large Cap Growth Equities	69	-5.93%	Mar 10, 1999	PIE vs QQQ
SPMO	Invesco S&P 500 Momentum ETF	S&P 500	66	-5.78%	Oct 9, 2015	PIE vs SPMO
QQQM	Invesco NASDAQ 100 ETF	Large Cap Growth Equities	70	-5.92%	Oct 13, 2020	PIE vs QQQM
RSP	Invesco S&P 500 Equal Weight ETF	S&P 500	47	0.62%	Apr 24, 2003	PIE vs RSP
XLG	Invesco S&P 500 Top 50 ETF	S&P 500	63	-7.82%	May 4, 2005	PIE vs XLG
SPHQ	Invesco S&P 500 Quality ETF	S&P 500, Large Cap Value Equities	58	0.57%	Dec 6, 2005	PIE vs SPHQ
SPHD	Invesco S&P 500® High Dividend Low Volatility ETF	S&P 500, Dividend	20	4.64%	Oct 18, 2012	PIE vs SPHD
SOXQ	Invesco PHLX Semiconductor ETF	Semiconductors, Technology Equities	93	7.17%	Jun 11, 2021	PIE vs SOXQ
PPA	Invesco Aerospace & Defense ETF	Industrials Equities, Aerospace & Defense	92	5.82%	Oct 26, 2005	PIE vs PPA
XMMO	Invesco S&P MidCap Momentum ETF	Mid Cap Growth Equities	80	4.93%	Mar 3, 2005	PIE vs XMMO

Often Compared With PIE

What investors most often compare with PIE, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
EEMO	Invesco S&P Emerging Markets Momentum ETF	Emerging Markets Equities	43	-3.42%	Feb 24, 2012	PIE vs EEMO
EEM	iShares MSCI Emerging Markets ETF	Emerging Markets Diversified	86	3.80%	Apr 11, 2003	PIE vs EEM
PXH	Invesco FTSE RAFI Emerging Markets ETF	Emerging Markets Equities	83	4.64%	Sep 27, 2007	PIE vs PXH
PIZ	Invesco DWA Developed Markets Momentum ETF	Foreign Large Cap Equities	82	1.42%	Dec 28, 2007	PIE vs PIZ
AVES	Avantis Emerging Markets Value ETF	Emerging Markets Equities, Actively Managed	86	2.97%	Sep 28, 2021	PIE vs AVES
FRDM	Freedom 100 Emerging Markets ETF	Emerging Markets Diversified	95	7.05%	May 22, 2019	PIE vs FRDM
AVEM	Avantis Emerging Markets Equity ETF	Foreign Large Cap Equities	90	4.70%	Sep 17, 2019	PIE vs AVEM
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities	5	-11.19%	Feb 14, 2012	PIE vs NFTY
DGS	WisdomTree Emerging Markets SmallCap Dividend Fund	Emerging Markets Diversified, Dividend	87	5.34%	Oct 30, 2007	PIE vs DGS
EMGF	iShares Edge MSCI Multifactor Emerging Markets ETF	Emerging Markets Equities	84	4.46%	Dec 8, 2015	PIE vs EMGF
EMXF	iShares ESG Advanced MSCI EM ETF	Emerging Markets Equities	83	2.81%	Oct 6, 2020	PIE vs EMXF
GREK	Global X MSCI Greece ETF	Emerging Markets Equities	77	-3.10%	Dec 7, 2011	PIE vs GREK
EVLU	iShares MSCI Emerging Markets Value Factor ETF	Emerging Markets Equities	89	4.44%	Sep 4, 2024	PIE vs EVLU
GEME	Pacific North of South Global Emerging Markets Equ...	Emerging Markets Equities, Actively Managed	90	8.22%	Jan 22, 2025	PIE vs GEME
KEMQ	KraneShares Emerging Markets Consumer Technology I...	Emerging Markets Equities	54	-8.14%	Oct 11, 2017	PIE vs KEMQ
UAE	iShares MSCI UAE ETF	Emerging Markets Equities	35	-2.46%	Apr 29, 2014	PIE vs UAE
EQLT	iShares MSCI Emerging Markets Quality Factor ETF	Emerging Markets Equities	85	4.18%	Sep 4, 2024	PIE vs EQLT
FM	iShares MSCI Frontier 100 ETF	Emerging Markets Equities	—	—	Sep 12, 2012	PIE vs FM
FNDE	Schwab Fundamental Emerging Markets Large Company ...	Emerging Markets Equities	85	6.10%	Aug 15, 2013	PIE vs FNDE
DGRE	WisdomTree Emerging Markets Quality Dividend Growt...	Emerging Markets Equities, Actively Managed, Dividend	90	6.00%	Aug 1, 2013	PIE vs DGRE

Compare PIE with Any Fund or Stock

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

Symbol name

Invesco DWA Emerging Markets Momentum ETF

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