FEUZ vs. IDMO

Last updated Jun 3, 2026

FEUZ (First Trust Eurozone AlphaDEX ETF) and IDMO (Invesco S&P International Developed Momentum ETF) are both exchange-traded funds - FEUZ is a Europe Equities fund tracking the NASDAQ AlphaDEX Eurozone Index, while IDMO is a Momentum fund tracking the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. Both are passively managed. Over the past 10 years, FEUZ returned 10.44%/yr vs 12.22%/yr for IDMO. A 0.60 correlation means they provide meaningful diversification when combined. FEUZ charges 0.80%/yr vs 0.25%/yr for IDMO.

Performance

FEUZ vs. IDMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Eurozone AlphaDEX ETF (FEUZ) and Invesco S&P International Developed Momentum ETF (IDMO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FEUZ achieves a 12.27% return, which is significantly higher than IDMO's 9.00% return. Over the past 10 years, FEUZ has underperformed IDMO with an annualized return of 10.44%, while IDMO has yielded a comparatively higher 12.22% annualized return.

FEUZ

• 1D: 0.44%
• 1M: 2.57%
• YTD: 12.27%
• 6M: 16.95%
• 1Y: 30.72%
• 3Y*: 24.66%
• 5Y*: 10.23%
• 10Y*: 10.44%

IDMO

• 1D: 0.95%
• 1M: 1.79%
• YTD: 9.00%
• 6M: 13.58%
• 1Y: 23.87%
• 3Y*: 26.19%
• 5Y*: 16.10%
• 10Y*: 12.22%

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

FEUZ vs. IDMO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FEUZ First Trust Eurozone AlphaDEX ETF	12.27%	56.34%	1.64%	17.24%	-19.83%	11.93%	5.04%	22.06%	-20.61%	36.70%
IDMO Invesco S&P International Developed Momentum ETF	9.00%	42.17%	12.79%	20.16%	-12.03%	14.31%	22.01%	26.09%	-16.66%	29.21%

Correlation

The correlation between FEUZ and IDMO is 0.87, 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	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (10Y) Calculated over the trailing 10-year period	0.63
Correlation (All Time) Calculated using the full available price history since Oct 28, 2014	0.60

Over the past year, FEUZ and IDMO have become more correlated (0.87) than their long-term average of 0.60, meaning their price movements have been converging.

FEUZ vs. IDMO - Sectors Allocation Comparison

Sectors	FEUZ	IDMO
Industrials	27.4%	22.6%
Energy	10.8%	1.9%
Financial Services	10.6%	42.4%
Consumer Cyclical	9.2%	1.4%
Utilities	8.3%	8.4%
Basic Materials	7.5%	10.2%
Technology	6.1%	5.3%
Real Estate	6.0%	2.0%
Consumer Defensive	5.3%	2.5%
Healthcare	5.2%	1.2%
Communication Services	3.7%	2.2%

Return for Risk

FEUZ vs. IDMO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FEUZ

FEUZ Risk / Return Rank: 51
FEUZ Sharpe Ratio Rank: 51
FEUZ Sortino Ratio Rank: 49
FEUZ Omega Ratio Rank: 50
FEUZ Calmar Ratio Rank: 52
FEUZ Martin Ratio Rank: 56

IDMO

IDMO Risk / Return Rank: 43
IDMO Sharpe Ratio Rank: 40
IDMO Sortino Ratio Rank: 41
IDMO Omega Ratio Rank: 40
IDMO Calmar Ratio Rank: 42
IDMO Martin Ratio Rank: 51

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FEUZ vs. IDMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Eurozone AlphaDEX ETF (FEUZ) 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.

	FEUZ	IDMO	Difference
Sharpe ratio Return per unit of total volatility	1.79	1.42	+0.36
Sortino ratio Return per unit of downside risk	2.41	2.10	+0.31
Omega ratio Gain probability vs. loss probability	1.32	1.26	+0.05
Calmar ratio Return relative to maximum drawdown	2.62	2.08	+0.54
Martin ratio Return relative to average drawdown	9.95	8.68	+1.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FEUZ vs. IDMO - Sharpe Ratio Comparison

The current FEUZ Sharpe Ratio is 1.79, which is comparable to the IDMO Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of FEUZ and IDMO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FEUZ	IDMO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.79	1.42	+0.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.91	-0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	0.68	-0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.46	-0.02

Drawdowns

FEUZ vs. IDMO - Drawdown Comparison

The maximum FEUZ drawdown since its inception was -48.08%, which is greater than IDMO's maximum drawdown of -39.38%. Use the drawdown chart below to compare losses from any high point for FEUZ and IDMO.

Drawdown Indicators

	FEUZ	IDMO	Difference
Max Drawdown Largest peak-to-trough decline	-48.08%	-39.38%	-8.70%
Max Drawdown (1Y) Largest decline over 1 year	-12.49%	-12.31%	-0.18%
Max Drawdown (3Y) Largest decline over 3 years	-18.02%	-12.65%	-5.37%
Max Drawdown (5Y) Largest decline over 5 years	-38.64%	-27.07%	-11.57%
Max Drawdown (10Y) Largest decline over 10 years	-48.08%	-31.34%	-16.74%
Current Drawdown Current decline from peak	-0.40%	-1.16%	+0.76%
Average Drawdown Average peak-to-trough decline	-10.50%	-9.76%	-0.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.29%	2.95%	+0.34%

Volatility

FEUZ vs. IDMO - Volatility Comparison

First Trust Eurozone AlphaDEX ETF (FEUZ) and Invesco S&P International Developed Momentum ETF (IDMO) have volatilities of 6.75% and 6.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FEUZ	IDMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.75%	6.52%	+0.23%
Volatility (6M) Calculated over the trailing 6-month period	14.31%	14.89%	-0.58%
Volatility (1Y) Calculated over the trailing 1-year period	17.35%	16.89%	+0.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.96%	17.84%	+4.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.78%	18.11%	+3.67%

FEUZ vs. IDMO - Expense Ratio Comparison

FEUZ has a 0.80% expense ratio, which is higher than IDMO's 0.25% expense ratio.

Dividends

FEUZ vs. IDMO - Dividend Comparison

FEUZ's dividend yield for the trailing twelve months is around 2.35%, less than IDMO's 3.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FEUZ First Trust Eurozone AlphaDEX ETF	2.35%	2.81%	2.01%	2.95%	3.14%	2.52%	1.46%	1.93%	2.46%	1.29%	2.12%	1.09%
IDMO Invesco S&P International Developed Momentum ETF	3.49%	3.71%	2.24%	2.89%	3.66%	1.81%	1.63%	2.78%	3.27%	3.08%	2.18%	2.52%

Frequently Asked Questions

Can I hold both FEUZ and IDMO in my portfolio?

FEUZ and IDMO have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FEUZ or IDMO?

FEUZ has higher volatility (6.75%) compared to IDMO (6.52%). In terms of maximum drawdown, FEUZ dropped -48.08% vs IDMO's -39.38%.

Which ETF is better, FEUZ or IDMO?

On 10-year performance, IDMO leads with 12.22% vs 10.44% for FEUZ. On fees, IDMO is cheaper at 0.25% per year. On volatility, IDMO has been the lower-risk option at 6.52%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FEUZ or IDMO?

Over the 10-year period, IDMO has performed better with a 12.22% return vs 10.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FEUZ or IDMO?

IDMO is cheaper with a 0.25% expense ratio, compared with 0.80% for FEUZ.

Which ETF pays a higher dividend yield, FEUZ or IDMO?

IDMO has the higher dividend yield at 3.49%, compared with 2.35% for FEUZ.

What is the main difference between FEUZ and IDMO?

FEUZ is categorized as Europe Equities, while IDMO is Momentum. FEUZ tracks NASDAQ AlphaDEX Eurozone Index, while IDMO tracks S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. They also come from different issuers: First Trust and Invesco. Their fees differ too: 0.80% for FEUZ and 0.25% for IDMO.

Which has better risk-adjusted returns?

FEUZ currently has the higher Sharpe Ratio (1.78 vs 1.42), 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.