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EEMO vs. DEM
Performance
Return for Risk
Dividends
Drawdowns
Volatility

EEMO vs. DEM

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco S&P Emerging Markets Momentum ETF (EEMO) and WisdomTree Emerging Markets Equity Income Fund (DEM).

EEMO and DEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EEMO is a passively managed fund by Invesco that tracks the performance of the S&P Momentum Emerging Plus LargeMidCap Index. It was launched on Feb 24, 2012. DEM is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Emerging Markets Equity income Index. It was launched on Jul 13, 2007. Both EEMO and DEM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EEMO vs. DEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P Emerging Markets Momentum ETF (EEMO) and WisdomTree Emerging Markets Equity Income Fund (DEM). The values are adjusted to include any dividend payments, if applicable.

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EEMO vs. DEM - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EEMO
Invesco S&P Emerging Markets Momentum ETF		-3.42%10.99%9.88%13.90%-18.73%-5.57%9.66%21.17%-17.24%49.65%
DEM
WisdomTree Emerging Markets Equity Income Fund		6.43%21.29%4.46%20.93%-10.43%11.49%-5.84%19.84%-7.69%26.26%

Returns By Period

In the year-to-date period, EEMO achieves a -3.42% return, which is significantly lower than DEM's 6.43% return. Over the past 10 years, EEMO has underperformed DEM with an annualized return of 5.14%, while DEM has yielded a comparatively higher 9.07% annualized return.

EEMO

1D
4.09%
1M
-8.93%
YTD
-3.42%
6M
-5.13%
1Y
15.79%
3Y*
11.68%
5Y*
-0.15%
10Y*
5.14%

DEM

1D
-0.42%
1M
-3.09%
YTD
6.43%
6M
9.25%
1Y
22.28%
3Y*
15.25%
5Y*
8.57%
10Y*
9.07%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco S&P Emerging Markets Momentum ETF

WisdomTree Emerging Markets Equity Income Fund

Often compared with EEMO:
EEMO vs. IDMOEEMO vs. PIEEEMO vs. EEMEEMO vs. VWOEEMO vs. AVEMEEMO vs. SPMOEEMO vs. EEMS
Often compared with DEM:
DEM vs. DVYEDEM vs. FNDEDEM vs. AVEMDEM vs. EEMDEM vs. DGREDEM vs. FEMKXDEM vs. VXUS

EEMO vs. DEM - Expense Ratio Comparison

EEMO has a 0.31% expense ratio, which is lower than DEM's 0.63% expense ratio.

DEM
WisdomTree Emerging Markets Equity Income Fund
EEMO
Invesco S&P Emerging Markets Momentum ETF

Return for Risk

EEMO vs. DEM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EEMO
EEMO Risk / Return Rank: 4343
Overall Rank
EEMO Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
EEMO Sortino Ratio Rank: 4444
Sortino Ratio Rank
EEMO Omega Ratio Rank: 4545
Omega Ratio Rank
EEMO Calmar Ratio Rank: 4141
Calmar Ratio Rank
EEMO Martin Ratio Rank: 4545
Martin Ratio Rank
DEM
DEM Risk / Return Rank: 7777
Overall Rank
DEM Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
DEM Sortino Ratio Rank: 7878
Sortino Ratio Rank
DEM Omega Ratio Rank: 7777
Omega Ratio Rank
DEM Calmar Ratio Rank: 7474
Calmar Ratio Rank
DEM Martin Ratio Rank: 8080
Martin Ratio Rank
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.

EEMO vs. DEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P Emerging Markets Momentum ETF (EEMO) and WisdomTree Emerging Markets Equity Income Fund (DEM). 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.

EEMODEMDifference

Sharpe ratio

Return per unit of total volatility

0.76

1.49

-0.73

Sortino ratio

Return per unit of downside risk

1.17

2.06

-0.90

Omega ratio

Gain probability vs. loss probability

1.17

1.30

-0.13

Calmar ratio

Return relative to maximum drawdown

1.02

2.02

-1.00

Martin ratio

Return relative to average drawdown

4.12

9.16

-5.04

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EEMO vs. DEM - Sharpe Ratio Comparison

The current EEMO Sharpe Ratio is 0.76, which is lower than the DEM Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of EEMO and DEM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

EEMODEMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.76

1.49

-0.73

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.01

0.57

-0.57

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.25

0.51

-0.26

Sharpe Ratio (All Time)

Calculated using the full available price history

0.02

0.19

-0.17

Correlation

The correlation between EEMO and DEM is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EEMO vs. DEM - Dividend Comparison

EEMO's dividend yield for the trailing twelve months is around 2.38%, less than DEM's 4.23% yield.

TTM20252024202320222021202020192018201720162015
EEMO
Invesco S&P Emerging Markets Momentum ETF		2.38%2.31%2.57%3.65%3.82%1.51%1.53%2.13%13.10%5.13%1.55%2.92%
DEM
WisdomTree Emerging Markets Equity Income Fund		4.23%4.88%5.24%5.49%8.62%5.87%4.21%4.78%4.47%3.67%3.63%5.21%

Drawdowns

EEMO vs. DEM - Drawdown Comparison

The maximum EEMO drawdown since its inception was -48.47%, smaller than the maximum DEM drawdown of -51.85%. Use the drawdown chart below to compare losses from any high point for EEMO and DEM.

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Drawdown Indicators

EEMODEMDifference

Max Drawdown

Largest peak-to-trough decline

-48.47%

-51.85%

+3.38%

Max Drawdown (1Y)

Largest decline over 1 year

-14.75%

-11.24%

-3.51%

Max Drawdown (5Y)

Largest decline over 5 years

-34.03%

-27.18%

-6.85%

Max Drawdown (10Y)

Largest decline over 10 years

-46.57%

-37.79%

-8.78%

Current Drawdown

Current decline from peak

-14.03%

-4.98%

-9.05%

Average Drawdown

Average peak-to-trough decline

-20.38%

-13.01%

-7.37%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.65%

2.51%

+1.14%

Volatility

EEMO vs. DEM - Volatility Comparison

Invesco S&P Emerging Markets Momentum ETF (EEMO) has a higher volatility of 10.29% compared to WisdomTree Emerging Markets Equity Income Fund (DEM) at 6.73%. This indicates that EEMO's price experiences larger fluctuations and is considered to be riskier than DEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EEMODEMDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.29%

6.73%

+3.56%

Volatility (6M)

Calculated over the trailing 6-month period

14.11%

10.06%

+4.05%

Volatility (1Y)

Calculated over the trailing 1-year period

20.99%

15.05%

+5.94%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.95%

15.23%

+2.72%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.85%

18.01%

+2.84%