EEMO vs. SEIM

Last updated Aug 2, 2026

EEMO (Invesco S&P Emerging Markets Momentum ETF) and SEIM (SEI Enhanced US Large Cap Momentum Factor ETF) are both Momentum funds. EEMO is passively managed, while SEIM is actively managed. Over the past 3 years, EEMO returned 13.43%/yr vs 26.24%/yr for SEIM. Their 0.62 correlation means they have sometimes moved together and sometimes differently. EEMO charges 0.31%/yr vs 0.15%/yr for SEIM.

Performance

EEMO vs. SEIM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P Emerging Markets Momentum ETF (EEMO) and SEI Enhanced US Large Cap Momentum Factor ETF (SEIM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EEMO achieves a 13.88% return, which is significantly lower than SEIM's 15.26% return.

EEMO

• 1D: -0.40%
• 1M: -11.19%
• 6M: 8.68%
• YTD: 13.88%
• 1Y: 20.52%
• 3Y*: 13.43%
• 5Y*: 4.39%
• 10Y*: 6.35%
• ALL TIME*: 1.62%

SEIM

• 1D: 0.47%
• 1M: -2.14%
• 6M: 12.15%
• YTD: 15.26%
• 1Y: 25.77%
• 3Y*: 26.24%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.51%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EEMO Invesco S&P Emerging Markets Momentum ETF	$285.36K	$494.03K	$516.10K
SEIM SEI Enhanced US Large Cap Momentum Factor ETF	$5.57M	$6.94M	$5.12M

EEMO vs. SEIM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
EEMO Invesco S&P Emerging Markets Momentum ETF	13.88%	10.99%	9.88%	13.90%	-7.31%
SEIM SEI Enhanced US Large Cap Momentum Factor ETF	15.26%	20.20%	39.12%	16.25%	-5.62%

Correlation

The correlation between EEMO and SEIM is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.74
Correlation (3Y) Balances recent behavior with more history.	0.61
Correlation (All Time) Calculated using the full available price history since May 18, 2022	0.62

The correlation between EEMO and SEIM shifts across timeframes, from 0.61 (3 years) to 0.74 (1 year), reflecting how their relationship changes across market environments.

EEMO vs. SEIM - Sectors Allocation Comparison

Sectors	EEMO	SEIM
Technology	56.8%	29.5%
Financial Services	15.0%	8.1%
Basic Materials	9.6%	8.1%
Industrials	8.2%	3.4%
Consumer Cyclical	2.6%	7.2%
Healthcare	2.2%	9.5%
Energy	1.7%	11.8%
Utilities	1.4%	2.4%
Communication Services	1.3%	4.4%
Consumer Defensive	0.9%	7.9%
Real Estate	0.3%	7.2%

Return for Risk

EEMO vs. SEIM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EEMO

EEMO Risk / Return Rank: 27
EEMO Sharpe Ratio Rank: 25
EEMO Sortino Ratio Rank: 26
EEMO Omega Ratio Rank: 30
EEMO Calmar Ratio Rank: 24
EEMO Martin Ratio Rank: 32

SEIM

SEIM Risk / Return Rank: 60
SEIM Sharpe Ratio Rank: 54
SEIM Sortino Ratio Rank: 53
SEIM Omega Ratio Rank: 51
SEIM Calmar Ratio Rank: 69
SEIM Martin Ratio Rank: 71

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EEMO vs. SEIM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P Emerging Markets Momentum ETF (EEMO) and SEI Enhanced US Large Cap Momentum Factor ETF (SEIM). 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.

	EEMO	SEIM	Difference
Sharpe ratio: Return per unit of total volatility	0.57	1.30	-0.73
Sortino ratio: Return per unit of downside risk	1.00	1.87	-0.87
Omega ratio: Gain probability vs. loss probability	1.15	1.23	-0.08
Calmar ratio: Return relative to maximum drawdown	0.72	2.40	-1.67
Martin ratio: Return relative to average drawdown	2.94	8.72	-5.78

EEMO vs. SEIM - Sharpe Ratio Comparison

The current EEMO Sharpe Ratio is 0.57, which is lower than the SEIM Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of EEMO and SEIM, 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

EEMO vs. SEIM - Drawdown Comparison

The maximum EEMO drawdown since its inception was -48.47%, which is greater than SEIM's maximum drawdown of -22.17%. Use the drawdown chart below to compare losses from any high point for EEMO and SEIM.

Drawdown Indicators

	EEMO	SEIM	Difference
Max Drawdown Largest peak-to-trough decline	-48.47%	-22.17%	-26.30%
Max Drawdown (1Y) Largest decline over 1 year	-27.41%	-10.07%	-17.34%
Max Drawdown (3Y) Largest decline over 3 years	-27.41%	-22.17%	-5.24%
Max Drawdown (5Y) Largest decline over 5 years	-29.59%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-46.57%	—	—
Current Drawdown Current decline from peak	-22.95%	-5.49%	-17.46%
Average Drawdown Average peak-to-trough decline	-20.08%	-3.97%	-16.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.74%	2.76%	+3.98%

Volatility

EEMO vs. SEIM - Volatility Comparison

Invesco S&P Emerging Markets Momentum ETF (EEMO) has a higher volatility of 16.65% compared to SEI Enhanced US Large Cap Momentum Factor ETF (SEIM) at 6.28%. This indicates that EEMO's price experiences larger fluctuations and is considered to be riskier than SEIM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EEMO	SEIM	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.65%	6.28%	+10.37%
Volatility (6M) Calculated over the trailing 6-month period	33.96%	15.62%	+18.34%
Volatility (1Y) Calculated over the trailing 1-year period	35.14%	18.59%	+16.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.09%	19.18%	+2.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.02%	19.18%	+3.84%

EEMO vs. SEIM - Expense Ratio Comparison

EEMO has a 0.31% expense ratio, which is higher than SEIM's 0.15% expense ratio.

Dividends

EEMO vs. SEIM - Dividend Comparison

EEMO's dividend yield for the trailing twelve months is around 1.99%, more than SEIM's 0.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EEMO Invesco S&P Emerging Markets Momentum ETF	1.99%	2.31%	2.57%	3.65%	3.82%	1.51%	1.53%	2.13%	13.10%	5.13%	1.55%	2.92%
SEIM SEI Enhanced US Large Cap Momentum Factor ETF	0.55%	0.56%	0.48%	0.89%	1.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EEMO and SEIM in my portfolio?

EEMO and SEIM have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EEMO or SEIM?

EEMO has higher volatility (16.65%) compared to SEIM (6.28%). In terms of maximum drawdown, EEMO dropped -48.47% vs SEIM's -22.17%.

Which ETF is better, EEMO or SEIM?

On 3-year performance, SEIM leads with 26.24% vs 13.43% for EEMO. On fees, SEIM is cheaper at 0.15% per year. On volatility, SEIM has been the lower-risk option at 6.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EEMO or SEIM?

Over the 3-year period, SEIM has performed better with a 26.24% return vs 13.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EEMO or SEIM?

SEIM is cheaper with a 0.15% expense ratio, compared with 0.31% for EEMO.

Which ETF pays a higher dividend yield, EEMO or SEIM?

EEMO has the higher dividend yield at 1.99%, compared with 0.55% for SEIM.

What is the main difference between EEMO and SEIM?

They also come from different issuers: Invesco and SEI. Their fees differ too: 0.31% for EEMO and 0.15% for SEIM.

Which has better risk-adjusted returns?

SEIM currently has the higher Sharpe Ratio (1.30 vs 0.57), 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.