HIDV vs. EMOP

Last updated Jun 26, 2026

HIDV (AB US High Dividend ETF) and EMOP (AB Emerging Markets Opportunities ETF) are both exchange-traded funds - HIDV is a Large Cap Value Equities fund actively managed by AllianceBernstein, while EMOP is a Emerging Markets Equities fund actively managed by AllianceBernstein. Both are actively managed. Over the past year, HIDV returned 23.91% vs 45.62% for EMOP. A 0.69 correlation means they provide meaningful diversification when combined. HIDV charges 0.45%/yr vs 0.70%/yr for EMOP.

Performance

HIDV vs. EMOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB US High Dividend ETF (HIDV) and AB Emerging Markets Opportunities ETF (EMOP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HIDV achieves a 9.11% return, which is significantly lower than EMOP's 29.00% return.

HIDV

• 1D: 0.34%
• 1M: -1.50%
• YTD: 9.11%
• 6M: 7.94%
• 1Y: 23.91%
• 3Y*: 20.71%
• 5Y*: —
• 10Y*: —

EMOP

• 1D: 1.58%
• 1M: -0.38%
• YTD: 29.00%
• 6M: 29.89%
• 1Y: 45.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HIDV vs. EMOP - Yearly Performance Comparison

	2026 (YTD)	2025
HIDV AB US High Dividend ETF	9.11%	15.41%
EMOP AB Emerging Markets Opportunities ETF	29.00%	16.48%

Correlation

The correlation between HIDV and EMOP is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.69
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	0.69

The correlation between HIDV and EMOP has been stable across timeframes, ranging from 0.69 to 0.69 - a consistent structural relationship.

Return for Risk

HIDV vs. EMOP — Risk / Return Rank

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

HIDV

HIDV Risk / Return Rank: 67
HIDV Sharpe Ratio Rank: 69
HIDV Sortino Ratio Rank: 70
HIDV Omega Ratio Rank: 68
HIDV Calmar Ratio Rank: 58
HIDV Martin Ratio Rank: 67

EMOP

EMOP Risk / Return Rank: 75
EMOP Sharpe Ratio Rank: 76
EMOP Sortino Ratio Rank: 67
EMOP Omega Ratio Rank: 77
EMOP Calmar Ratio Rank: 78
EMOP Martin Ratio Rank: 78

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.

HIDV vs. EMOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB US High Dividend ETF (HIDV) and AB Emerging Markets Opportunities ETF (EMOP). 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.

	HIDV	EMOP	Difference
Sharpe ratio: Return per unit of total volatility	1.97	2.13	-0.17
Sortino ratio: Return per unit of downside risk	2.76	2.71	+0.04
Omega ratio: Gain probability vs. loss probability	1.35	1.40	-0.04
Calmar ratio: Return relative to maximum drawdown	2.51	3.56	-1.05
Martin ratio: Return relative to average drawdown	10.69	13.20	-2.52

HIDV vs. EMOP - Sharpe Ratio Comparison

The current HIDV Sharpe Ratio is 1.97, which is comparable to the EMOP Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of HIDV and EMOP, 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

HIDV vs. EMOP - Drawdown Comparison

The maximum HIDV drawdown since its inception was -18.76%, which is greater than EMOP's maximum drawdown of -12.88%. Use the drawdown chart below to compare losses from any high point for HIDV and EMOP.

Drawdown Indicators

	HIDV	EMOP	Difference
Max Drawdown Largest peak-to-trough decline	-18.76%	-12.88%	-5.88%
Max Drawdown (1Y) Largest decline over 1 year	-9.57%	-12.88%	+3.31%
Max Drawdown (3Y) Largest decline over 3 years	-18.76%	—	—
Current Drawdown Current decline from peak	-2.60%	-3.44%	+0.84%
Average Drawdown Average peak-to-trough decline	-2.06%	-2.02%	-0.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.24%	3.47%	-1.23%

Volatility

HIDV vs. EMOP - Volatility Comparison

The current volatility for AB US High Dividend ETF (HIDV) is 4.04%, while AB Emerging Markets Opportunities ETF (EMOP) has a volatility of 10.22%. This indicates that HIDV experiences smaller price fluctuations and is considered to be less risky than EMOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HIDV	EMOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.04%	10.22%	-6.18%
Volatility (6M) Calculated over the trailing 6-month period	9.53%	19.64%	-10.11%
Volatility (1Y) Calculated over the trailing 1-year period	12.23%	21.50%	-9.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.56%	21.54%	-6.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.56%	21.54%	-6.98%

HIDV vs. EMOP - Expense Ratio Comparison

HIDV has a 0.45% expense ratio, which is lower than EMOP's 0.70% expense ratio.

Dividends

HIDV vs. EMOP - Dividend Comparison

HIDV's dividend yield for the trailing twelve months is around 2.37%, more than EMOP's 0.84% yield.

Position	TTM	2025	2024	2023
EMOP AB Emerging Markets Opportunities ETF	0.84%	0.27%	0.00%	0.00%
HIDV AB US High Dividend ETF	2.37%	2.22%	2.29%	2.23%

Frequently Asked Questions

Can I hold both HIDV and EMOP in my portfolio?

HIDV and EMOP have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HIDV or EMOP?

EMOP has higher volatility (10.22%) compared to HIDV (4.04%). In terms of maximum drawdown, HIDV dropped -18.76% vs EMOP's -12.88%.

Which ETF is better, HIDV or EMOP?

On 1-year performance, EMOP leads with 45.62% vs 23.91% for HIDV. On fees, HIDV is cheaper at 0.45% per year. On volatility, HIDV has been the lower-risk option at 4.04%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HIDV or EMOP?

Over the 1-year period, EMOP has performed better with a 45.62% return vs 23.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HIDV or EMOP?

HIDV is cheaper with a 0.45% expense ratio, compared with 0.70% for EMOP.

Which ETF pays a higher dividend yield, HIDV or EMOP?

HIDV has the higher dividend yield at 2.37%, compared with 0.84% for EMOP.

What is the main difference between HIDV and EMOP?

HIDV is categorized as Large Cap Value Equities, while EMOP is Emerging Markets Equities. Their fees differ too: 0.45% for HIDV and 0.70% for EMOP.

Which has better risk-adjusted returns?

EMOP currently has the higher Sharpe Ratio (2.13 vs 1.97), 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.