EEMO vs. IDMO
Compare and contrast key facts about Invesco S&P Emerging Markets Momentum ETF (EEMO) and Invesco S&P International Developed Momentum ETF (IDMO).
EEMO and IDMO 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. IDMO is a passively managed fund by Invesco that tracks the performance of the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. It was launched on Feb 24, 2012. Both EEMO and IDMO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EEMO or IDMO.
Correlation
The correlation between EEMO and IDMO is 0.46, 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.
Performance
EEMO vs. IDMO - Performance Comparison
Key characteristics
EEMO:
0.17
IDMO:
1.02
EEMO:
0.32
IDMO:
1.43
EEMO:
1.04
IDMO:
1.18
EEMO:
0.10
IDMO:
1.44
EEMO:
0.55
IDMO:
5.08
EEMO:
4.68%
IDMO:
3.24%
EEMO:
15.11%
IDMO:
16.20%
EEMO:
-48.46%
IDMO:
-39.36%
EEMO:
-21.10%
IDMO:
-0.96%
Returns By Period
In the year-to-date period, EEMO achieves a -1.65% return, which is significantly lower than IDMO's 8.71% return. Over the past 10 years, EEMO has underperformed IDMO with an annualized return of 1.28%, while IDMO has yielded a comparatively higher 9.02% annualized return.
EEMO
-1.65%
-0.81%
-5.72%
3.10%
1.55%
1.28%
IDMO
8.71%
4.69%
6.36%
15.91%
11.81%
9.02%
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EEMO vs. IDMO - Expense Ratio Comparison
EEMO has a 0.31% expense ratio, which is higher than IDMO's 0.25% expense ratio.
Risk-Adjusted Performance
EEMO vs. IDMO — Risk-Adjusted Performance Rank
EEMO
IDMO
EEMO vs. IDMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P Emerging Markets Momentum ETF (EEMO) and Invesco S&P International Developed Momentum ETF (IDMO). 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.
Dividends
EEMO vs. IDMO - Dividend Comparison
EEMO's dividend yield for the trailing twelve months is around 2.62%, more than IDMO's 2.06% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EEMO Invesco S&P Emerging Markets Momentum ETF | 2.62% | 2.57% | 3.65% | 3.82% | 1.51% | 1.53% | 2.13% | 13.11% | 5.13% | 1.55% | 2.92% | 2.35% |
IDMO Invesco S&P International Developed Momentum ETF | 2.06% | 2.24% | 2.89% | 3.66% | 1.81% | 1.64% | 2.10% | 3.27% | 3.08% | 2.18% | 2.52% | 2.18% |
Drawdowns
EEMO vs. IDMO - Drawdown Comparison
The maximum EEMO drawdown since its inception was -48.46%, which is greater than IDMO's maximum drawdown of -39.36%. Use the drawdown chart below to compare losses from any high point for EEMO and IDMO. For additional features, visit the drawdowns tool.
Volatility
EEMO vs. IDMO - Volatility Comparison
Invesco S&P Emerging Markets Momentum ETF (EEMO) has a higher volatility of 4.43% compared to Invesco S&P International Developed Momentum ETF (IDMO) at 3.57%. This indicates that EEMO's price experiences larger fluctuations and is considered to be riskier than IDMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.