Category Review
US multifactor funds ran 30 points apart
Invesco Russell 1000 Dynamic Multifactor ETF
$70.69−0.47 (−0.65%)
- 0.29%
- $4.6B
- +20.1%
- 0.82%
- 172K sh
- low $57.12high $72.41
The ETF.net OMFL Grade
A
Score 70 out of 100
- 24 of 99
Score 70 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B55 out of 100Rank 40 of 99Mission
Whether the fund did what it promised, tested against its stated mandate.A98 out of 100Rank 10 of 87Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B58 out of 100Rank 37 of 99Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A91 out of 100Rank 4 of 99Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D36 out of 100Rank 78 of 98Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A74 out of 100Rank 19 of 99
Our read on OMFL
In short
AFour factor tilts (value, momentum, quality, low volatility) packed into one rules-based Russell 1000 index, for less than the typical multifactor fund charges. The mix is set by the index rulebook, not by a stock picker.
Stated mandate
The fund seeks to track the investment results of the Russell 1000 Invesco Dynamic Multifactor Index before fees and expenses. It invests at least 80% of assets in index securities using a rules-based approach.
Why people hold it
Worth knowing
OMFL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
OMFL$12,012
Returns run to the Nov 9, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | OMFL |
|---|---|
| Year to date | +17.2% |
| 1 month | −0.4% |
| 3 months | +0.2% |
| 1 year | +20.1% |
| 3 years | +17.5% |
| 5 years | +8.4% |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | OMFL |
|---|---|---|
| 2026 YTD | +17.2% | |
| 2025 | +13.7% | |
| 2024 | +6.8% | |
| 2023 | +21.5% | |
| 2022 | −14.0% | |
| 2021 | +29.0% | |
| 2020 | +21.0% |
OMFL in the news
OMFL Dividends
- 0.82%
- $0.59
- $0.14 per share
- Quarterly
OMFL Risk
- 13.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.03
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −22.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.88
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
OMFL Cost
Overpaying vs VYM, tied cheapest in US Multifactor
$5,103
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
OMFL 0.29%
$5,952
VYM 0.04% Tied cheapest
$849
Cost over time
Year by year
| Year | OMFL | VYM | Overpaying |
|---|---|---|---|
| 10 | $527 | $73 | $454 |
| 20 | $2,044 | $288 | $1,756 |
| 30 | $5,952 | $849 | $5,103 |
Other funds in US Multifactor
- AFLRGFidelity U.S. Multifactor ETFExpense ratio 0.15%1 year return +11.6%
- AJPUSJPMorgan Diversified Return U.S. Equity ETFExpense ratio 0.18%1 year return +19.6%
- BROUSHartford Multifactor US Equity ETFExpense ratio 0.19%1 year return +19.6%
- BIUSInvesco RAFI Strategic US ETFExpense ratio 0.19%1 year return +28.3%
- BJPMEJPMorgan Diversified Return U.S. Mid Cap Equity ETFExpense ratio 0.24%1 year return +20.1%
