EEMO vs QQQ
Invesco S&P Emerging Markets Momentum ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. EEMO delivered stronger 1-year returns. EEMO offers more diversification with 281 holdings.
Side-by-Side Comparison
| Metric | EEMO | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.18% | |
| AUM | $26M | $496.3B | |
| Dividend Yield | 2.02% | 0.44% | |
| Holdings | 281 | 108 | |
| YTD Return | +23.41% | +16.23% | |
| 1Y Return | +29.05% | +26.23% | |
| 3Y Return (annualized) | +18.34% | +25.75% | |
| 5Y Return (annualized) | +7.92% | +14.78% | |
| Volatility (annualized) | 21.7% | 30.6% | |
| Max Drawdown | -60.5% | -83.0% | |
| Fund Family | Invesco (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Feb 24, 2012 | Mar 10, 1999 |
EEMO vs QQQ Performance
Invesco S&P Emerging Markets Momentum ETF (EEMO) is a ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year EEMO returned +29.05% while QQQ returned +26.23%. Year to date, EEMO is up 23.41% versus a gain of 16.23% for QQQ.
Over three years, EEMO compounded at +18.34% per year against +25.75% for QQQ; over five years the annualized figures are +7.92% and +14.78% respectively. Across the full 15-year window we track, QQQ has the edge at +13.02% annualized vs +0.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 21.7% for EEMO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -60.5% for EEMO and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.62. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EEMO charges 0.29% per year while QQQ charges 0.18%. On a $10,000 position that is $29 vs $18 annually, a gap of $11 per year that compounds over a long holding period. On income, EEMO currently yields 2.02% against 0.44% for QQQ.
Holdings Overlap
EEMO and QQQ share 0 holdings out of 346 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, EEMO or QQQ?
EEMO has an expense ratio of 0.29% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $11 per year of difference.
Which performed better, EEMO or QQQ?
Over the past year EEMO returned +29.05% vs +26.23% for QQQ, so EEMO leads on 1-year performance. Over the longest common window we track (15 years), EEMO annualized +0.04% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, EEMO or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 21.7% for EEMO. Worst drawdown: EEMO -60.5% vs QQQ -83.0%.
Should I hold both EEMO and QQQ?
EEMO and QQQ have a monthly-return correlation of 0.62, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EEMO and QQQ?
EEMO and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 346 unique securities.
Which pays a higher dividend, EEMO or QQQ?
EEMO yields 2.02% while QQQ yields 0.44%, so EEMO currently pays the higher dividend yield.
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