Invesco Russell 2000 Dynamic Multifactor ETF
$49.45−0.12 (−0.23%)
- 0.39%
- $266M
- +17.7%
- 1.29%
- 0M sh
- $49.64
- low $40.69high $54.19
The ETF.net OMFS Grade
C
Score 49 out of 100
- 65 of 99
Score 49 of 100 falls in the C 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.D34 out of 100Rank 64 of 99Mission
Whether the fund did what it promised, tested against its stated mandate.A81 out of 100Rank 43 of 86Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D28 out of 100Rank 77 of 97Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D32 out of 100Rank 75 of 99Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A73 out of 100Rank 24 of 98Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C51 out of 100Rank 55 of 99
Our read on OMFS
CMost multifactor funds pick a blend of tilts and hold it forever. OMFS's index rereads the economic cycle and reshuffles its tilts across the Russell 2000, making it one of the few small-cap factor funds built to change its mind on a schedule.
The fund invests at least 80% of its assets in securities comprising its Index. The Index uses rules-based reweighting of Russell 2000 small-cap securities according to economic cycles and market conditions.
Why people hold it
- The index reweights Russell 2000 small caps by economic cycle and market conditions, leaning on styles like value, momentum, quality and low volatility rather than freezing one blend.invesco.com
- Roughly 1,100 small caps, with at least 80% of assets in index securities. The tilts rotate; the diversification underneath stays broad.
- Live since 2017, so the rotation rules have run through real regimes, not just a backtest. Distributions come quarterly.
- Holdings stay close to the index it names, one of the tighter mandate implementations among multifactor funds.
Worth knowing
- 0.39% a year sits above the typical multifactor ETF and far above plain-vanilla index products in the group. The cycle rotation is what the extra buys.
- Thinly traded, so bid-ask spreads can run wider than the household-name small-cap funds. Matters most on big or hurried orders.
- PSC, the other multifactor fund here tied to the same Russell 2000 starting universe, charges 0.38%. The choice between them is about method, not price.
OMFS Holdings
- Stocks
- 1,104
- 12%
- CTRE
Sectors
- Financials29.2%
- Health Care13.9%
- Technology13.9%
- Real Estate12.2%
- Industrials10.6%
- Consumer Discretionary8.6%
- Energy3.7%
- Consumer Staples3.0%
- Materials2.9%
- Communication1.4%
- Utilities0.6%
Geography
- United States91.96%
- Switzerland1.82%
- Bermuda1.76%
- Singapore0.77%
- Ireland0.69%
- Canada0.53%
- Guernsey0.53%
- United Kingdom0.52%
- 1.41%
OMFS 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.
OMFS$11,771
Returns run to the Oct 12, 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 | OMFS |
|---|---|
| Year to date | +12.7% |
| 1 month | −3.5% |
| 3 months | −6.0% |
| 1 year | +17.7% |
| 3 years | +15.8% |
| 5 years | +5.5% |
| 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 | OMFS |
|---|---|---|
| 2026 YTD | +12.7% | |
| 2025 | +13.3% | |
| 2024 | +4.0% | |
| 2023 | +15.1% | |
| 2022 | −17.3% | |
| 2021 | +28.6% | |
| 2020 | +15.1% |
OMFS in the news
OMFS Dividends
- 1.29%
- $0.64
- $0.20 per share
- Quarterly
Distribution history
OMFS Risk
- 17.6%
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.
- 0.62
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.
- −29.2%
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.
- 1.00
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
OMFS Cost
0.39%
OMFS0.39%
- The middle half of US Multifactor funds
- Median 0.30%
63 of the 99 US Multifactor funds charge less.
Other funds in US Multifactor
- CCPTLGlobal X Morningstar Capital Allocation Leaders ETFExpense ratio 0.35%1 year return —
- CJHSCJohn Hancock Investments - Multifactor Small Cap ETFExpense ratio 0.42%1 year return +15.0%
- CROSCHartford Multifactor Small Cap ETFExpense ratio 0.34%1 year return +27.9%
- CSPVMInvesco S&P 500 Value with Momentum ETFExpense ratio 0.44%1 year return +20.3%
- CSRHQSRH U.S. Quality GARP ETFExpense ratio 0.35%1 year return +28.5%