BGEG vs. EEMO
BGEG (Baillie Gifford Emerging Markets ETF) and EEMO (Invesco S&P Emerging Markets Momentum ETF) are both exchange-traded funds - BGEG is a Emerging Markets Equities fund actively managed by Baillie Gifford, while EEMO is a Momentum fund tracking the S&P Momentum Emerging Plus LargeMidCap Index. BGEG is actively managed, while EEMO is passively managed. Their correlation of 0.88 suggests significant overlap in exposure. BGEG charges 0.79%/yr vs 0.31%/yr for EEMO.
Performance
BGEG vs. EEMO - Performance Comparison
Loading charts...
Returns By Period
BGEG
- 1D
- -0.79%
- 1M
- -4.41%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
EEMO
- 1D
- -0.65%
- 1M
- -9.33%
- 6M
- 17.05%
- YTD
- 22.89%
- 1Y
- 25.27%
- 3Y*
- 16.63%
- 5Y*
- 5.32%
- 10Y*
- 7.15%
- ALL TIME*
- 2.16%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $72.52K | $141.03K | $341.75K | |
| $285.72K | $525.15K | $490.43K |
BGEG vs. EEMO - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BGEG Baillie Gifford Emerging Markets ETF | -9.38% |
EEMO Invesco S&P Emerging Markets Momentum ETF | -13.54% |
Correlation
The correlation between BGEG and EEMO is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 3, 2026 | 0.88 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BGEG vs. EEMO — Risk / Return Rank
BGEG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EEMO
BGEG vs. EEMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Baillie Gifford Emerging Markets ETF (BGEG) and Invesco S&P Emerging Markets Momentum ETF (EEMO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BGEG | EEMO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.18 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.21 | — |
| Martin ratioReturn relative to average drawdown | — | 4.43 | — |
Loading charts...
Drawdowns
BGEG vs. EEMO - Drawdown Comparison
The maximum BGEG drawdown since its inception was -11.84%, smaller than the maximum EEMO drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for BGEG and EEMO.
Loading charts...
Drawdown Indicators
| BGEG | EEMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.84% | -48.47% | +36.63% |
Max Drawdown (1Y)Largest decline over 1 year | — | -20.98% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -26.06% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.59% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -46.57% | — |
Current DrawdownCurrent decline from peak | -9.38% | -16.86% | +7.48% |
Average DrawdownAverage peak-to-trough decline | -5.82% | -20.07% | +14.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.73% | — |
Volatility
BGEG vs. EEMO - Volatility Comparison
Loading charts...
Volatility by Period
| BGEG | EEMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 15.47% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 32.47% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 35.72% | 33.72% | +2.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.72% | 21.86% | +13.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.72% | 22.80% | +12.92% |
BGEG vs. EEMO - Expense Ratio Comparison
BGEG has a 0.79% expense ratio, which is higher than EEMO's 0.31% expense ratio.
Dividends
BGEG vs. EEMO - Dividend Comparison
BGEG has not paid dividends to shareholders, while EEMO's dividend yield for the trailing twelve months is around 1.85%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGEG Baillie Gifford Emerging Markets ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EEMO Invesco S&P Emerging Markets Momentum ETF | 1.85% | 2.31% | 2.57% | 3.65% | 3.82% | 1.51% | 1.53% | 2.13% | 13.10% | 5.13% | 1.55% | 2.92% |
Frequently Asked Questions
BGEG and EEMO have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EEMO is cheaper at 0.31% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EEMO is cheaper with a 0.31% expense ratio, compared with 0.79% for BGEG.
EEMO has the higher dividend yield at 1.85%, compared with 0.00% for BGEG.
BGEG is categorized as Emerging Markets Equities, while EEMO is Momentum. They also come from different issuers: Baillie Gifford and Invesco. Their fees differ too: 0.79% for BGEG and 0.31% for EEMO.
Find the right allocation for BGEG and EEMO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer