ECON vs. EMOP

Last updated Jun 24, 2026

ECON (Columbia Emerging Markets Consumer ETF) and EMOP (AB Emerging Markets Opportunities ETF) are both Emerging Markets Equities funds. ECON is passively managed, while EMOP is actively managed. Over the past year, ECON returned 58.08% vs 47.69% for EMOP. Their correlation of 0.92 suggests significant overlap in exposure. ECON charges 0.49%/yr vs 0.70%/yr for EMOP.

Performance

ECON vs. EMOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Emerging Markets Consumer ETF (ECON) and AB Emerging Markets Opportunities ETF (EMOP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ECON achieves a 31.82% return, which is significantly higher than EMOP's 27.21% return.

ECON

• 1D: -5.13%
• 1M: 5.11%
• YTD: 31.82%
• 6M: 32.29%
• 1Y: 58.08%
• 3Y*: 22.38%
• 5Y*: 6.68%
• 10Y*: 6.38%

EMOP

• 1D: -4.78%
• 1M: 1.88%
• YTD: 27.21%
• 6M: 28.58%
• 1Y: 47.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ECON vs. EMOP - Yearly Performance Comparison

	2026 (YTD)	2025
ECON Columbia Emerging Markets Consumer ETF	31.82%	20.00%
EMOP AB Emerging Markets Opportunities ETF	27.21%	16.48%

Correlation

The correlation between ECON and EMOP is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	0.92

The correlation between ECON and EMOP has been stable across timeframes, ranging from 0.92 to 0.92 - a consistent structural relationship.

ECON vs. EMOP - Sectors Allocation Comparison

Sectors	ECON	EMOP
Technology	44.0%	30.3%
Financial Services	20.5%	24.0%
Industrials	6.7%	8.1%
Consumer Cyclical	6.1%	7.8%
Basic Materials	5.5%	7.0%
Communication Services	5.3%	12.3%
Energy	3.5%	2.6%
Consumer Defensive	2.9%	1.4%
Healthcare	2.6%	1.6%
Utilities	1.8%	2.8%
Real Estate	1.1%	2.3%

Return for Risk

ECON vs. EMOP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ECON

ECON Risk / Return Rank: 82
ECON Sharpe Ratio Rank: 84
ECON Sortino Ratio Rank: 77
ECON Omega Ratio Rank: 85
ECON Calmar Ratio Rank: 84
ECON Martin Ratio Rank: 82

EMOP

EMOP Risk / Return Rank: 76
EMOP Sharpe Ratio Rank: 77
EMOP Sortino Ratio Rank: 68
EMOP Omega Ratio Rank: 78
EMOP Calmar Ratio Rank: 78
EMOP Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ECON vs. EMOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Emerging Markets Consumer ETF (ECON) and AB Emerging Markets Opportunities ETF (EMOP). 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.

	ECON	EMOP	Difference
Sharpe ratio: Return per unit of total volatility	2.48	2.21	+0.27
Sortino ratio: Return per unit of downside risk	3.15	2.81	+0.33
Omega ratio: Gain probability vs. loss probability	1.47	1.41	+0.05
Calmar ratio: Return relative to maximum drawdown	4.24	3.72	+0.52
Martin ratio: Return relative to average drawdown	15.17	13.88	+1.29

ECON vs. EMOP - Sharpe Ratio Comparison

The current ECON Sharpe Ratio is 2.48, which is comparable to the EMOP Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of ECON and EMOP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ECON vs. EMOP - Drawdown Comparison

The maximum ECON drawdown since its inception was -45.37%, which is greater than EMOP's maximum drawdown of -12.88%. Use the drawdown chart below to compare losses from any high point for ECON and EMOP.

Drawdown Indicators

	ECON	EMOP	Difference
Max Drawdown Largest peak-to-trough decline	-45.37%	-12.88%	-32.49%
Max Drawdown (1Y) Largest decline over 1 year	-13.76%	-12.88%	-0.88%
Max Drawdown (3Y) Largest decline over 3 years	-16.37%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-38.08%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-45.37%	—	—
Current Drawdown Current decline from peak	-5.13%	-4.78%	-0.35%
Average Drawdown Average peak-to-trough decline	-16.60%	-2.00%	-14.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.84%	3.44%	+0.40%

Volatility

ECON vs. EMOP - Volatility Comparison

Columbia Emerging Markets Consumer ETF (ECON) has a higher volatility of 13.47% compared to AB Emerging Markets Opportunities ETF (EMOP) at 10.76%. This indicates that ECON's price experiences larger fluctuations and is considered to be riskier than EMOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ECON	EMOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.47%	10.76%	+2.71%
Volatility (6M) Calculated over the trailing 6-month period	21.31%	19.59%	+1.72%
Volatility (1Y) Calculated over the trailing 1-year period	23.50%	21.65%	+1.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.95%	21.57%	-0.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.23%	21.57%	-0.34%

ECON vs. EMOP - Expense Ratio Comparison

ECON has a 0.49% expense ratio, which is lower than EMOP's 0.70% expense ratio.

Dividends

ECON vs. EMOP - Dividend Comparison

ECON's dividend yield for the trailing twelve months is around 1.34%, more than EMOP's 0.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ECON Columbia Emerging Markets Consumer ETF	1.34%	1.77%	0.76%	1.57%	2.06%	1.08%	0.63%	1.68%	0.98%	0.35%	0.74%	1.10%
EMOP AB Emerging Markets Opportunities ETF	0.85%	0.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ECON and EMOP in my portfolio?

With a correlation of 0.92, ECON and EMOP move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, ECON or EMOP?

ECON has higher volatility (13.47%) compared to EMOP (10.76%). In terms of maximum drawdown, ECON dropped -45.37% vs EMOP's -12.88%.

Which ETF is better, ECON or EMOP?

On 1-year performance, ECON leads with 58.08% vs 47.69% for EMOP. On fees, ECON is cheaper at 0.49% per year. On volatility, EMOP has been the lower-risk option at 10.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ECON or EMOP?

Over the 1-year period, ECON has performed better with a 58.08% return vs 47.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ECON or EMOP?

ECON is cheaper with a 0.49% expense ratio, compared with 0.70% for EMOP.

Which ETF pays a higher dividend yield, ECON or EMOP?

ECON has the higher dividend yield at 1.34%, compared with 0.85% for EMOP.

What is the main difference between ECON and EMOP?

They also come from different issuers: Ameriprise Financial and AllianceBernstein. Their fees differ too: 0.49% for ECON and 0.70% for EMOP.

Which has better risk-adjusted returns?

ECON currently has the higher Sharpe Ratio (2.48 vs 2.21), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.