ETF overview
The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) aims to track the performance of the Russell 1000 Invesco Dynamic Multifactor Index. This exchange-traded fund allocates a minimum of 80% of its total assets to the securities that make up its benchmark index. The Index employs a systematic methodology to adjust the weighting of large-capitalization companies found within the broader Russell 1000 Index. These adjustments are driven by prevailing economic conditions and market cycles, specifically identifying phases of expansion, slowdown, contraction, or recovery. Individual securities receive a composite multi-factor score, based on an assessment across five distinct investment characteristics: value, momentum, quality, low volatility, and size. Both the Fund and its underlying Index are subject to periodic reconstitution and rebalancing, which can occur as frequently as once a month, in response to shifts in economic indicator signals. Please note, this information is for illustrative purposes only and does not constitute a recommendation regarding the appropriateness of any investment strategy for a particular investor. Factor investing, which involves selecting securities based on specific attributes that may influence returns, carries inherent risks; it may underperform traditional market-capitalization-weighted benchmarks and could lead to increased portfolio volatility.
Fund facts
- Expense ratio
- 0.29%
- Fund assets
- 4.78B USD (all share classes)
- Issuer
- Invesco
- Inception date
- Nov 8, 2017
- Number of holdings
- 633
Breakdown
Holdings (633)
| Name | Ticker | Weight |
|---|---|---|
| Apple Inc | AAPL | 9.08% |
| Microsoft Corp | MSFT | 6.76% |
| NVIDIA Corp | NVDA | 5.06% |
| Visa Inc | V | 3.11% |
| Alphabet Inc | GOOGL | 2.98% |
| Alphabet Inc | GOOG | 2.40% |
| Mastercard Inc | MA | 2.38% |
| Eli Lilly & Co | LLY | 2.05% |
| Amazon.com Inc | AMZN | 1.88% |
| Cisco Systems Inc | CSCO | 1.55% |
| and 620 more | ||
Similar ETFs
- ProShares - S&P 500 Ex-Financials ETFSPXN · Overlap 67% · Expense ratio 0.09%
- iShares Russell 1000 ETFIWB · Overlap 67% · Expense ratio 0.15%
- Invesco MSCI USA ETFPBUS · Overlap 67% · Expense ratio 0.04%
- State Street SPDR Portfolio S&P 500 ETFSPYM · Overlap 67% · Expense ratio 0.02%
- iShares Core S&P 500 ETFIVV · Overlap 67% · Expense ratio 0.03%
- State Street SPDR S&P 500 ETFSPY · Overlap 67% · Expense ratio 0.09%
- iShares Morningstar Large-Cap ETFMLRG · Overlap 67% · Expense ratio 0.03%
- Dimensional US Large Company ETFDLCU · Overlap 67% · Expense ratio 0.09%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.

Invesco Russell 1000 Dynamic Multifactor ETF (OMFL)
- Expense ratio
- 0.29%
- Fund assets
- 4.78B USD (all share classes)
- Issuer
- Invesco
- Inception date
- Nov 8, 2017
- Number of holdings
- 633
| Name | Ticker | Weight |
|---|---|---|
| Apple Inc | AAPL | 9.08% |
| Microsoft Corp | MSFT | 6.76% |
| NVIDIA Corp | NVDA | 5.06% |
| Visa Inc | V | 3.11% |
| Alphabet Inc | GOOGL | 2.98% |
| Alphabet Inc | GOOG | 2.40% |
| Mastercard Inc | MA | 2.38% |
| Eli Lilly & Co | LLY | 2.05% |
| Amazon.com Inc | AMZN | 1.88% |
| Cisco Systems Inc | CSCO | 1.55% |
| and 620 more | ||
The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) aims to track the performance of the Russell 1000 Invesco Dynamic Multifactor Index. This exchange-traded fund allocates a minimum of 80% of its total assets to the securities that make up its benchmark index. The Index employs a systematic methodology to adjust the weighting of large-capitalization companies found within the broader Russell 1000 Index. These adjustments are driven by prevailing economic conditions and market cycles, specifically identifying phases of expansion, slowdown, contraction, or recovery. Individual securities receive a composite multi-factor score, based on an assessment across five distinct investment characteristics: value, momentum, quality, low volatility, and size. Both the Fund and its underlying Index are subject to periodic reconstitution and rebalancing, which can occur as frequently as once a month, in response to shifts in economic indicator signals. Please note, this information is for illustrative purposes only and does not constitute a recommendation regarding the appropriateness of any investment strategy for a particular investor. Factor investing, which involves selecting securities based on specific attributes that may influence returns, carries inherent risks; it may underperform traditional market-capitalization-weighted benchmarks and could lead to increased portfolio volatility.
- ProShares - S&P 500 Ex-Financials ETFSPXN · Overlap 67% · Expense ratio 0.09%
- iShares Russell 1000 ETFIWB · Overlap 67% · Expense ratio 0.15%
- Invesco MSCI USA ETFPBUS · Overlap 67% · Expense ratio 0.04%
- State Street SPDR Portfolio S&P 500 ETFSPYM · Overlap 67% · Expense ratio 0.02%
- iShares Core S&P 500 ETFIVV · Overlap 67% · Expense ratio 0.03%
- State Street SPDR S&P 500 ETFSPY · Overlap 67% · Expense ratio 0.09%
- iShares Morningstar Large-Cap ETFMLRG · Overlap 67% · Expense ratio 0.03%
- Dimensional US Large Company ETFDLCU · Overlap 67% · Expense ratio 0.09%
Overlap is the share of assets the two funds hold in common.
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