SMOM vs. EEMO

Last updated Jun 23, 2026

SMOM (Symmetry Panoramic Sector Momentum ETF) and EEMO (Invesco S&P Emerging Markets Momentum ETF) are both exchange-traded funds - SMOM is a Large Cap Blend Equities fund actively managed by Symmetry Partners, while EEMO is a Momentum fund tracking the S&P Momentum Emerging Plus LargeMidCap Index. SMOM is actively managed, while EEMO is passively managed. A 0.64 correlation means they provide meaningful diversification when combined. SMOM charges 0.63%/yr vs 0.31%/yr for EEMO.

Performance

SMOM vs. EEMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Symmetry Panoramic Sector Momentum ETF (SMOM) and Invesco S&P Emerging Markets Momentum ETF (EEMO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SMOM achieves a 8.28% return, which is significantly lower than EEMO's 47.80% return.

SMOM

• 1D: 0.43%
• 1M: 0.69%
• YTD: 8.28%
• 6M: 7.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EEMO

• 1D: 0.86%
• 1M: 16.39%
• YTD: 47.80%
• 6M: 47.38%
• 1Y: 62.35%
• 3Y*: 26.74%
• 5Y*: 8.29%
• 10Y*: 9.66%

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

SMOM vs. EEMO - Yearly Performance Comparison

	2026 (YTD)	2025
SMOM Symmetry Panoramic Sector Momentum ETF	8.28%	2.78%
EEMO Invesco S&P Emerging Markets Momentum ETF	47.80%	-0.23%

Correlation

The correlation between SMOM and EEMO 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 10, 2025	0.64

Return for Risk

SMOM vs. EEMO — Risk / Return Rank

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

SMOM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

EEMO

EEMO Risk / Return Rank: 75
EEMO Sharpe Ratio Rank: 69
EEMO Sortino Ratio Rank: 65
EEMO Omega Ratio Rank: 79
EEMO Calmar Ratio Rank: 83
EEMO Martin Ratio Rank: 81

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.

SMOM vs. EEMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Symmetry Panoramic Sector Momentum ETF (SMOM) and Invesco S&P Emerging Markets Momentum ETF (EEMO). 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.

	SMOM	EEMO	Difference
Sharpe ratio: Return per unit of total volatility	—	2.16	—
Sortino ratio: Return per unit of downside risk	—	2.89	—
Omega ratio: Gain probability vs. loss probability	—	1.45	—
Calmar ratio: Return relative to maximum drawdown	—	4.25	—
Martin ratio: Return relative to average drawdown	—	15.61	—

Drawdowns

SMOM vs. EEMO - Drawdown Comparison

The maximum SMOM drawdown since its inception was -7.45%, smaller than the maximum EEMO drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for SMOM and EEMO.

Drawdown Indicators

	SMOM	EEMO	Difference
Max Drawdown Largest peak-to-trough decline	-7.45%	-48.47%	+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 Drawdown Current decline from peak	-1.40%	0.00%	-1.40%
Average Drawdown Average peak-to-trough decline	-1.49%	-20.12%	+18.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.01%	—

Volatility

Volatility by Period

	SMOM	EEMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.26%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.34%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.76%	29.13%	-16.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.76%	20.60%	-7.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.76%	22.18%	-9.42%

SMOM vs. EEMO - Expense Ratio Comparison

SMOM has a 0.63% expense ratio, which is higher than EEMO's 0.31% expense ratio.

Dividends

SMOM vs. EEMO - Dividend Comparison

SMOM's dividend yield for the trailing twelve months is around 0.15%, less than EEMO's 2.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EEMO Invesco S&P Emerging Markets Momentum ETF	2.01%	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

Can I hold both SMOM and EEMO in my portfolio?

SMOM and EEMO 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.

Which ETF is better, SMOM or EEMO?

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.

Which ETF is cheaper, SMOM or EEMO?

EEMO is cheaper with a 0.31% expense ratio, compared with 0.63% for SMOM.

Which ETF pays a higher dividend yield, SMOM or EEMO?

EEMO has the higher dividend yield at 2.01%, compared with 0.15% for SMOM.

What is the main difference between SMOM and EEMO?

SMOM is categorized as Large Cap Blend Equities, while EEMO is Momentum. They also come from different issuers: Symmetry Partners and Invesco. Their fees differ too: 0.63% for SMOM and 0.31% for EEMO.