Invesco S&P Emerging Markets Momentum ETF (EEMO) Performance
EEMO total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +14.7% since Dec 31, 2025
- 1 year
- +12.3% total return
- 5 years
- +5.2% a year
- 10 years
- +6.2% a year
- Since first price
- +1.6% a year since 2012
EEMO trailing returns vs SPY, QQQ, AGG
| Period | EEMO total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −12.2% | −12.2% | −1.0% | −5.0% | +0.9% |
| 3 months | −6.7% | −7.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +2.6% | +1.6% | +7.8% | +8.4% | −1.5% |
| YTD | +14.7% | +13.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +12.3% | +10.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +59.8%+16.9%/yr | +49.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +28.6%+5.2%/yr | +11.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +83.0%+6.2%/yr | +23.3% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionFeb 24, 2012 | +27.1%+1.6%/yr | −21.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: EEMO vs SPY
From Feb 24, 2012: EEMO grew to $12,711, SPY to $71,615.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EEMO returns by calendar year
8 of 13 full years positive. Best 2017 (+49.7%), worst 2015 (−30.6%). 2026 is year to date.
EEMO annual returns table
| Year | EEMO | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +14.7% | −27.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +10.9% | −20.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +9.9% | −9.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +14.0% | −11.1% | +26.2% | +54.9% | +5.7% |
| 2022 | −18.8% | −23.9% | −18.2% | −32.6% | −13.0% |
| 2021 | −5.6% | −24.0% | +28.7% | +27.4% | −1.8% |
| 2020 | +9.7% | −42.7% | +18.3% | +48.6% | +7.5% |
| 2019 | +21.2% | −9.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −17.2% | −26.4% | −4.6% | −0.1% | +0.1% |
| 2017 | +49.7% | −7.9% | +21.7% | +32.7% | +3.6% |
| 2016 | +3.1% | −14.8% | +12.0% | +7.1% | +2.4% |
| 2015 | −30.6% | −39.5% | +1.2% | +9.4% | +0.5% |
| 2014 | +5.3% | −16.8% | +13.5% | +19.2% | +6.0% |
| 2013 | −12.7% | −28.6% | +32.3% | +36.6% | −2.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
EEMO largest drawdowns
Now 22.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 5, 2012 | −48.5% | Feb 12, 2016 | Jan 23, 2018 | 3.9 years | 5.9 years |
| Jan 26, 2018 | −46.6% | Mar 23, 2020 | Dec 30, 2020 | 2.2 years | 2.9 years |
| Feb 17, 2021 | −40.0% | Mar 15, 2023 | Apr 17, 2026 | 2.1 years | 5.2 years |
| Jun 22, 2026 | −27.4% | Jul 29, 2026 | not yet | 37 days | 4 months so far |
| Jun 2, 2026 | −13.6% | Jun 5, 2026 | Jun 18, 2026 | 3 days | 16 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EEMO risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2012 |
|---|---|---|---|---|
| Annualized return | +19.5% | +8.0% | +7.5% | +2.4% |
| Volatility (annualized) | 23.7% | 20.9% | 20.7% | 21.1% |
| Sharpe ratio | 0.69 | 0.30 | 0.34 | 0.15 |
| Sortino ratio | 1.19 | 0.48 | 0.50 | 0.20 |
| Best month | +22.0% | +22.0% | +22.0% | +22.0% |
| Worst month | −18.5% | −18.5% | −24.8% | −24.8% |
| Best 12 months | +56.9% | +56.9% | +69.6% | +69.6% |
| Worst 12 months | −5.1% | −20.2% | −29.5% | −37.3% |
| Positive months | 72% | 62% | 60% | 59% |
| Beta vs S&P 500 | 1.28 | 0.90 | 0.87 | — |
| Correlation with S&P 500 | 0.67 | 0.68 | 0.65 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
EEMO rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 165 | −37.3% | +3.2% | +69.6% | 57% |
| 3-year (a year) | 141 | −17.9% | +1.4% | +25.5% | 60% |
| 5-year (a year) | 117 | −7.4% | +1.6% | +16.0% | 68% |
| 10-year (a year) | 57 | −1.9% | +1.1% | +8.8% | 75% |
Every holding period starting at a month-end since 2012. Returns for 3 years and longer are annualized.
EEMO performance overview
Invesco S&P Emerging Markets Momentum ETF (EEMO) returned +12.3% over the past year and +6.2% a year over ten years, with distributions reinvested. Since its first recorded price in 2012 it has returned +1.6% a year, turning $10,000 into about $12,711. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −48.5%, from Mar 5, 2012 to Feb 12, 2016, and it took 1.9 years to get back to the old high. EEMO finished 8 of its 13 full calendar years with a gain; the best year was 2017 (+49.7%) and the worst 2015 (−30.6%). Volatility has been 21.1% a year.
Related: EEMO chart, EEMO holdings, EEMO dividends. See the EEMO overview for the latest quote and fund facts.
EEMO performance FAQ
What is the EEMO return over the past year?
EEMO returned +12.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 10.3%.
What is the average annual return of EEMO?
EEMO has returned +5.2% a year over 5 years, +6.2% a year over 10 years, +1.6% a year since February 24, 2012 (total return, distributions reinvested).
How much would $10,000 invested in EEMO be worth?
$10,000 invested in EEMO at its first recorded close on February 24, 2012 would be worth about $12,711 on October 23, 2026 with distributions reinvested.
What was the worst year for EEMO?
The worst calendar year was 2015, with a total return of −30.6%. The best was 2017 at +49.7%.
What is the biggest drawdown of EEMO?
The largest peak-to-trough decline was −48.5% between March 5, 2012 and February 12, 2016. It recovered to the old high on January 23, 2018, 1.9 years after the bottom.
How volatile is EEMO?
Over the past 3 years EEMO had an annualized volatility of 23.7% and a Sharpe ratio of 0.69 (excess return over 1–3 month T-bills per unit of risk).