EEMO vs. SPMO
Compare and contrast key facts about Invesco S&P Emerging Markets Momentum ETF (EEMO) and Invesco S&P 500® Momentum ETF (SPMO).
EEMO and SPMO 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. SPMO is a passively managed fund by Invesco that tracks the performance of the S&P 500 Momentum Index. It was launched on Oct 9, 2015. Both EEMO and SPMO 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 SPMO.
Correlation
The correlation between EEMO and SPMO is 0.56, 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. SPMO - Performance Comparison
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Key characteristics
EEMO:
-0.10
SPMO:
1.01
EEMO:
-0.00
SPMO:
1.50
EEMO:
1.00
SPMO:
1.22
EEMO:
-0.06
SPMO:
1.24
EEMO:
-0.25
SPMO:
4.48
EEMO:
8.43%
SPMO:
5.57%
EEMO:
20.52%
SPMO:
24.70%
EEMO:
-48.46%
SPMO:
-30.95%
EEMO:
-22.61%
SPMO:
-4.45%
Returns By Period
In the year-to-date period, EEMO achieves a -3.55% return, which is significantly lower than SPMO's 3.85% return.
EEMO
-3.55%
12.74%
-6.83%
-1.43%
7.49%
-0.12%
SPMO
3.85%
11.52%
2.04%
24.48%
20.56%
N/A
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EEMO vs. SPMO - Expense Ratio Comparison
EEMO has a 0.31% expense ratio, which is higher than SPMO's 0.13% expense ratio.
Risk-Adjusted Performance
EEMO vs. SPMO — Risk-Adjusted Performance Rank
EEMO
SPMO
EEMO vs. SPMO - 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 500® Momentum ETF (SPMO). 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.
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Dividends
EEMO vs. SPMO - Dividend Comparison
EEMO's dividend yield for the trailing twelve months is around 2.52%, more than SPMO's 0.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EEMO Invesco S&P Emerging Markets Momentum ETF | 2.52% | 2.57% | 3.65% | 3.82% | 1.51% | 1.53% | 2.13% | 13.11% | 5.13% | 1.55% | 2.92% | 2.35% |
SPMO Invesco S&P 500® Momentum ETF | 0.52% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% | 0.00% |
Drawdowns
EEMO vs. SPMO - Drawdown Comparison
The maximum EEMO drawdown since its inception was -48.46%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for EEMO and SPMO. For additional features, visit the drawdowns tool.
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Volatility
EEMO vs. SPMO - Volatility Comparison
The current volatility for Invesco S&P Emerging Markets Momentum ETF (EEMO) is 6.59%, while Invesco S&P 500® Momentum ETF (SPMO) has a volatility of 8.06%. This indicates that EEMO experiences smaller price fluctuations and is considered to be less risky than SPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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