EEMO vs. SMOM
EEMO (Invesco S&P Emerging Markets Momentum ETF) and SMOM (Symmetry Panoramic Sector Momentum ETF) are both exchange-traded funds - EEMO is a Momentum fund tracking the S&P Momentum Emerging Plus LargeMidCap Index, while SMOM is a Large Cap Blend Equities fund actively managed by Symmetry Partners. EEMO is passively managed, while SMOM is actively managed. A 0.64 correlation means they provide meaningful diversification when combined. EEMO charges 0.31%/yr vs 0.63%/yr for SMOM.
Performance
EEMO vs. SMOM - Performance Comparison
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Returns By Period
In the year-to-date period, EEMO achieves a 36.85% return, which is significantly higher than SMOM's 9.53% return.
EEMO
- 1D
- -2.42%
- 1M
- 10.83%
- YTD
- 36.85%
- 6M
- 37.37%
- 1Y
- 51.13%
- 3Y*
- 24.00%
- 5Y*
- 6.67%
- 10Y*
- 8.50%
SMOM
- 1D
- -0.27%
- 1M
- 4.63%
- YTD
- 9.53%
- 6M
- 10.08%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EEMO vs. SMOM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EEMO Invesco S&P Emerging Markets Momentum ETF | 36.85% | -0.70% |
SMOM Symmetry Panoramic Sector Momentum ETF | 9.53% | 2.81% |
Correlation
The correlation between EEMO and SMOM is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 11, 2025 | 0.64 |
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Return for Risk
EEMO vs. SMOM — Risk / Return Rank
EEMO
SMOM
EEMO vs. SMOM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P Emerging Markets Momentum ETF (EEMO) and Symmetry Panoramic Sector Momentum ETF (SMOM). 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.
| EEMO | SMOM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.42 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.48 | — | — |
| Martin ratioReturn relative to average drawdown | 13.93 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EEMO | SMOM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.09 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 1.41 | -1.28 |
Drawdowns
EEMO vs. SMOM - Drawdown Comparison
The maximum EEMO drawdown since its inception was -48.47%, which is greater than SMOM's maximum drawdown of -7.45%. Use the drawdown chart below to compare losses from any high point for EEMO and SMOM.
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Drawdown Indicators
| EEMO | SMOM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.47% | -7.45% | -41.02% |
Max Drawdown (1Y)Largest decline over 1 year | -14.75% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -26.06% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -34.03% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -46.57% | — | — |
Current DrawdownCurrent decline from peak | -3.71% | -0.27% | -3.44% |
Average DrawdownAverage peak-to-trough decline | -20.17% | -1.47% | -18.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.68% | — | — |
Volatility
EEMO vs. SMOM - Volatility Comparison
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Volatility by Period
| EEMO | SMOM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.18% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 22.26% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 24.58% | 12.59% | +11.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.36% | 12.59% | +6.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.59% | 12.59% | +9.00% |
EEMO vs. SMOM - Expense Ratio Comparison
EEMO has a 0.31% expense ratio, which is lower than SMOM's 0.63% expense ratio.
Dividends
EEMO vs. SMOM - Dividend Comparison
EEMO's dividend yield for the trailing twelve months is around 1.68%, more than SMOM's 0.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EEMO Invesco S&P Emerging Markets Momentum ETF | 1.68% | 2.31% | 2.57% | 3.65% | 3.82% | 1.51% | 1.53% | 2.13% | 13.10% | 5.13% | 1.55% | 2.92% |
SMOM Symmetry Panoramic Sector Momentum ETF | 0.15% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EEMO and SMOM have a correlation of 0.64, 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 0.63% for SMOM.
EEMO has the higher dividend yield at 1.68%, compared with 0.15% for SMOM.
EEMO is categorized as Momentum, while SMOM is Large Cap Blend Equities. They also come from different issuers: Invesco and Symmetry Partners. Their fees differ too: 0.31% for EEMO and 0.63% for SMOM.
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