EELV vs EEMO

EELVBInvesco S&P Emerging Markets Low Volatility ETF

EEMOCInvesco S&P Emerging Markets Momentum ETF

In short

EELV EELV hunts the calm corners of emerging markets: roughly 200 of the least volatile stocks in a broad EM universe, chosen by rule rather than by a manager's hunch. Same asset class, deliberately lower-drama construction.

EEMO A momentum screen pointed at emerging markets. EEMO tracks an S&P index that favors EM large and mid caps with the strongest recent price trends, roughly 300 names, and it has been running that playbook since 2012.

Stated mandate

EELV The fund provides exposure to emerging-market stocks selected for low volatility by tracking the S&P BMI Emerging Markets Low Volatility Index.

EEMO The Fund seeks to track, before fees and expenses, the S&P Momentum Emerging Plus LargeMidCap Index. It generally invests at least 90% of total assets in securities comprising the index, including qualifying depositary receipts.

Why people hold it

• EELV At 0.29% a year it undercuts the median fee in its emerging-markets factor cohort (0.44%), and it has run the same low-volatility rulebook since its 2012 launch.
• The rule is plain: track the S&P BMI Emerging Markets Low Volatility Index, which screens a broad EM universe on realized volatility. No stock-picker discretion.invesco.com
• Roughly 200 holdings means no single name or headline steers the whole portfolio, and distributions land on a quarterly schedule.

• EEMO The mandate leaves little to interpretation: at least 90% of assets in the S&P Momentum Emerging Plus LargeMidCap Index. You know exactly which screen is picking the names.
• 0.29% a year, below the typical index-tracking fund in its peer cohort. Cheap for a factor strategy operating in emerging markets.
• Launched in 2012, so the momentum rules have been running through more than a decade of EM cycles rather than a single backtest.
• Roughly 300 large and mid cap holdings across emerging markets, so the momentum tilt is expressed broadly instead of through a short list of recent winners.

Worth knowing

• EELV It trades lightly next to the category's largest funds, so the spread paid at the trade can matter as much as the 0.29% fee.
• A pure volatility screen reshapes the map: sector and country weights can sit far from a standard cap-weighted emerging-markets index.invesco.com
• Cheap, but not the cheapest low-vol EM shelf: iShares' EEMV lists a 0.25% fee.

• EEMO A small, lightly traded fund. That usually shows up as wider bid-ask spreads, meaning more of your cost lands at the moment you trade rather than in the expense ratio.
• Momentum buys what has already climbed. Layer that on emerging markets and country, sector, and currency swings can get sharp, with turnover each time the index reshuffles.
• Income is a byproduct here, not the design. Distributions land quarterly and depend on whatever the momentum screen happens to hold at the time.

Full EELV profile⁠

Full EEMO profile⁠