Invesco Electric Vehicle Metals Commodity… (EVMT) Performance
EVMT total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.1% since Dec 31, 2025
- 1 year
- +8.5% total return
- 3 years
- +3.9% a year
- Since first price
- −7.8% a year since 2022
EVMT trailing returns vs SPY, QQQ, AGG
| Period | EVMT total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −6.5% | −6.5% | −1.0% | −5.0% | +0.9% |
| 3 months | −5.4% | −5.4% | +3.2% | +1.9% | −0.4% |
| 6 months | −11.5% | −11.5% | +7.8% | +8.4% | −1.5% |
| YTD | −1.1% | −1.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +8.5% | −3.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +12.1%+3.9%/yr | −8.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionApr 26, 2022 | −30.6%−7.8%/yr | −44.1% | — | — | — |
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: EVMT vs SPY
From Apr 26, 2022: EVMT grew to $6,939, SPY to $19,399.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EVMT returns by calendar year
1 of 3 full years positive. Best 2025 (+30.6%), worst 2023 (−27.7%). 2026 is year to date.
EVMT annual returns table
| Year | EVMT | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −1.1% | −14.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +30.6% | −13.3% | +17.7% | +20.8% | +7.2% |
| 2024 | −10.5% | −21.9% | +24.9% | +25.6% | +1.3% |
| 2023 | −27.7% | −34.4% | +26.2% | +54.9% | +5.7% |
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.
EVMT largest drawdowns
Now 31.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 27, 2022 | −48.3% | Apr 8, 2025 | not yet | 2.9 years | 4.5 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EVMT risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +4.0% | −6.7% |
| Volatility (annualized) | 15.7% | 19.7% |
| Sharpe ratio | 0.05 | -0.46 |
| Sortino ratio | 0.07 | -0.59 |
| Best month | +9.8% | +16.2% |
| Worst month | −10.0% | −16.2% |
| Best 12 months | +42.9% | +42.9% |
| Worst 12 months | −14.2% | −34.5% |
| Positive months | 61% | 53% |
| Beta vs S&P 500 | 0.01 | — |
| Correlation with S&P 500 | 0.00 | — |
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.
EVMT rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 43 | −34.5% | −6.4% | +42.9% | 37% |
| 3-year (a year) | 19 | −17.7% | −2.2% | +5.3% | 37% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
EVMT performance overview
Invesco Electric Vehicle Metals Commodity… (EVMT) returned +8.5% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned −7.8% a year, turning $10,000 into about $6,939. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −48.3%, from Apr 27, 2022 to Apr 8, 2025; the fund has not yet regained that high. EVMT finished 1 of its 3 full calendar years with a gain; the best year was 2025 (+30.6%) and the worst 2023 (−27.7%). Volatility has been 19.7% a year.
Related: EVMT chart, EVMT dividends. See the EVMT overview for the latest quote and fund facts.
EVMT performance FAQ
What is the EVMT return over the past year?
EVMT returned +8.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 3.5%.
How much would $10,000 invested in EVMT be worth?
$10,000 invested in EVMT at its first recorded close on April 26, 2022 would be worth about $6,939 on October 23, 2026 with distributions reinvested.
What was the worst year for EVMT?
The worst calendar year was 2023, with a total return of −27.7%. The best was 2025 at +30.6%.
What is the biggest drawdown of EVMT?
The largest peak-to-trough decline was −48.3% between April 27, 2022 and April 8, 2025. It has not yet recovered to that high; it is 31.7% below its peak.
How volatile is EVMT?
Over the past 3 years EVMT had an annualized volatility of 15.7% and a Sharpe ratio of 0.05 (excess return over 1–3 month T-bills per unit of risk).