EMOP vs. EVLU
EMOP (AB Emerging Markets Opportunities ETF) and EVLU (iShares MSCI Emerging Markets Value Factor ETF) are both Emerging Markets Equities funds. EMOP is actively managed, while EVLU is passively managed. Over the past year, EMOP returned 43.07% vs 55.54% for EVLU. Their correlation of 0.89 suggests significant overlap in exposure. EMOP charges 0.70%/yr vs 0.35%/yr for EVLU.
Performance
EMOP vs. EVLU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EMOP achieves a 26.99% return, which is significantly lower than EVLU's 29.12% return.
EMOP
- 1D
- -0.17%
- 1M
- 1.70%
- YTD
- 26.99%
- 6M
- 27.87%
- 1Y
- 43.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EVLU
- 1D
- 0.11%
- 1M
- 3.22%
- YTD
- 29.12%
- 6M
- 29.73%
- 1Y
- 55.54%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EMOP vs. EVLU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EMOP AB Emerging Markets Opportunities ETF | 26.99% | 16.48% |
EVLU iShares MSCI Emerging Markets Value Factor ETF | 29.12% | 24.35% |
Correlation
The correlation between EMOP and EVLU is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025 | 0.89 |
The correlation between EMOP and EVLU has been stable across timeframes, ranging from 0.89 to 0.89 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EMOP vs. EVLU — Risk / Return Rank
EMOP
EVLU
EMOP vs. EVLU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Emerging Markets Opportunities ETF (EMOP) and iShares MSCI Emerging Markets Value Factor ETF (EVLU). 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.
| EMOP | EVLU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.77 | ||
| Sortino ratioReturn per unit of downside risk | -0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.50 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.36 | 4.33 | -0.97 |
| Martin ratioReturn relative to average drawdown | 12.49 | 15.09 | -2.60 |
Loading charts...
Drawdowns
EMOP vs. EVLU - Drawdown Comparison
The maximum EMOP drawdown since its inception was -12.88%, smaller than the maximum EVLU drawdown of -17.17%. Use the drawdown chart below to compare losses from any high point for EMOP and EVLU.
Loading charts...
Drawdown Indicators
| EMOP | EVLU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.88% | -17.17% | +4.29% |
Max Drawdown (1Y)Largest decline over 1 year | -12.88% | -12.90% | +0.02% |
Current DrawdownCurrent decline from peak | -4.94% | -5.83% | +0.89% |
Average DrawdownAverage peak-to-trough decline | -2.01% | -3.53% | +1.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.46% | 3.69% | -0.23% |
Volatility
EMOP vs. EVLU - Volatility Comparison
AB Emerging Markets Opportunities ETF (EMOP) has a higher volatility of 10.75% compared to iShares MSCI Emerging Markets Value Factor ETF (EVLU) at 9.29%. This indicates that EMOP's price experiences larger fluctuations and is considered to be riskier than EVLU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EMOP | EVLU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.75% | 9.29% | +1.46% |
Volatility (6M)Calculated over the trailing 6-month period | 19.59% | 17.62% | +1.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.65% | 20.17% | +1.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.53% | 20.34% | +1.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.53% | 20.34% | +1.19% |
EMOP vs. EVLU - Expense Ratio Comparison
EMOP has a 0.70% expense ratio, which is higher than EVLU's 0.35% expense ratio.
Dividends
EMOP vs. EVLU - Dividend Comparison
EMOP's dividend yield for the trailing twelve months is around 0.85%, less than EVLU's 3.77% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
EMOP AB Emerging Markets Opportunities ETF | 0.85% | 0.27% | 0.00% |
EVLU iShares MSCI Emerging Markets Value Factor ETF | 3.77% | 5.20% | 1.03% |
Frequently Asked Questions
EMOP and EVLU have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EMOP has higher volatility (10.75%) compared to EVLU (9.29%). In terms of maximum drawdown, EMOP dropped -12.88% vs EVLU's -17.17%.
On 1-year performance, EVLU leads with 55.54% vs 43.07% for EMOP. On fees, EVLU is cheaper at 0.35% per year. On volatility, EVLU has been the lower-risk option at 9.29%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, EVLU has performed better with a 55.54% return vs 43.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EVLU is cheaper with a 0.35% expense ratio, compared with 0.70% for EMOP.
EVLU has the higher dividend yield at 3.77%, compared with 0.85% for EMOP.
They also come from different issuers: AllianceBernstein and iShares. Their fees differ too: 0.70% for EMOP and 0.35% for EVLU.
EVLU currently has the higher Sharpe Ratio (2.79 vs 2.02), 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.
Find the right allocation for EMOP and EVLU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer