Invesco Russell 2000 Dynamic Multifactor ETF
$49.99−0.66 (−1.30%)
- Expense ratio
- 0.39%
- Fund size
- $271M
- 1Y return
- +15.7%
- Yield · Last 12 months
- 1.26%
- Holdings
- 1108
- Volume · 30D
- 0M sh
- NAV per share
- $50.51
- 52W range
The ETF.net OMFS Grade
Score 49 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 34Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 81Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 30Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 32Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 73Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 51Category rank
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
- 1,108
- 12%
- CTRE
Sectors
- Financials28.3%
- Health Care15.1%
- Technology12.7%
- Real Estate12.3%
- Industrials9.6%
- Consumer Discr.8.7%
- Energy4.2%
- Materials3.8%
- Cons. Staples3.1%
- Communication1.6%
- Utilities0.7%
Geography
- United States92.04%
- Switzerland1.78%
- Bermuda1.74%
- Ireland0.75%
- Singapore0.69%
- Guernsey0.63%
- Canada0.53%
- United Kingdom0.49%
- 1.34%
OMFS Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | +15.2% |
| 1 month | −4.4% |
| 3 months | −3.2% |
| 1 year | +15.7% |
| 3 years | +16.2% |
| 5 years | +6.9% |
| 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 | +15.2% | |
| 2025 | +13.3% | |
| 2024 | +4.0% | |
| 2023 | +15.1% | |
| 2022 | −17.3% | |
| 2021 | +28.6% | |
| 2020 | +15.1% |
OMFS in the news
ETF.net Research hasn’t filed on OMFS yet — coverage lands here as it’s written.
OMFS Dividends
- 1.26%
- $0.64
- $0.20 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.20 |
| Jun 22, 2026 | Jun 26, 2026 | $0.19 |
| Mar 23, 2026 | Mar 27, 2026 | $0.15 |
| Dec 22, 2025 | Dec 26, 2025 | $0.10 |
| Sep 22, 2025 | Sep 26, 2025 | $0.14 |
| Jun 23, 2025 | Jun 27, 2025 | $0.07 |
| Mar 24, 2025 | Mar 28, 2025 | $0.04 |
| Dec 23, 2024 | Dec 27, 2024 | $0.20 |
| Sep 23, 2024 | Sep 27, 2024 | $0.21 |
| Jun 24, 2024 | Jun 28, 2024 | $0.16 |
| Mar 18, 2024 | Mar 22, 2024 | $0.17 |
| Dec 18, 2023 | Dec 22, 2023 | $0.08 |
OMFS Risk
- 17.7%
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.
- 0.60
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.
- 0.98
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
- The middle half of US Multifactor funds
- Median 0.30%
62 of the 98 US Multifactor funds charge less.