Invesco Russell 1000 Dynamic Multifactor ETF (OMFL)
| Assets | $5.07B |
| Expense Ratio | 0.29% |
| PE Ratio | 27.64 |
| Shares Out | 93.33M |
| Dividend (ttm) | $0.66 |
| Dividend Yield | 1.22% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Ratio | 33.59% |
| 1-Year Return | +8.51% |
| Volume | 494,353 |
| Open | 54.36 |
| Previous Close | 54.39 |
| Day's Range | 54.22 - 54.63 |
| 52-Week Low | 46.79 |
| 52-Week High | 56.71 |
| Beta | 1.02 |
| Holdings | 278 |
| Inception Date | Nov 8, 2017 |
About OMFL
Fund Home PageThe Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-cap stocks selected by a combination of five investment factors, which are weighted based on current macroeconomic conditions. OMFL was launched on Nov 8, 2017 and is issued by Invesco.
Top 10 Holdings
43.88% of assets| Name | Symbol | Weight |
|---|---|---|
| Amazon.com, Inc. | AMZN | 5.28% |
| Apple Inc. | AAPL | 5.17% |
| Microsoft Corporation | MSFT | 5.01% |
| Berkshire Hathaway Inc. | BRK.B | 4.85% |
| Walmart Inc. | WMT | 4.81% |
| Costco Wholesale Corporation | COST | 4.67% |
| Meta Platforms, Inc. | META | 4.12% |
| NVIDIA Corporation | NVDA | 3.97% |
| Alphabet Inc. | GOOGL | 3.14% |
| Visa Inc. | V | 2.86% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.077 | n/a |
| Sep 23, 2024 | $0.108 | Sep 27, 2024 |
| Jun 24, 2024 | $0.232 | Jun 28, 2024 |
| Mar 18, 2024 | $0.246 | Mar 22, 2024 |
| Dec 18, 2023 | $0.118 | Dec 22, 2023 |
| Sep 18, 2023 | $0.206 | Sep 22, 2023 |
News
OMFL: Why Settling Into The Contraction Phase Is Good For Shareholders
OMFL is a multi-factor ETF that selects stocks according to a proprietary model's assessment of the current economic cycle. Fees are 0.29% and the ETF has $5.15 billion in assets. OMFL was previously ...
OMFL: A Dynamic ETF With Potential, But Risks Falling Short For Long-Term Investors
Invesco Russell 1000 Dynamic Multifactor ETF uses a dynamic multifactor strategy to adjust its portfolio based on economic phases, with a fair expense ratio of 0.29%. OMFL's frequent rebalancing leads...
Undercovered ETFs You Should Know About: 12 Analysts' Picks From August-September 2024
The 'Undercovered' Dozen ETF edition highlights less covered ETFs, focusing on seven in-depth analyses and five brief mentions, from articles published between August 15th and September 16th. The Inve...
OMFL: What's Next For This Unpredictable Multi-Factor Fund?
OMFL is a dynamic multi-factor fund emphasizes certain factors (size, value, quality, low volatility, and momentum) based on a proprietary model's assessment of the economic cycle. However, OMFL could...
U.S. Weekly Fund Flows Insight Report: General U.S. Treasury ETFs Take In $1.4 Billion, Eleventh Consecutive Weekly Inflow
During LSEG Lipper's fund-flows week that ended July 11, 2024, investors were overall net purchasers of fund assets for the tenth week in 12, adding a net $6.5 billion. This past week, money market fu...
OMFL: A Low Valuation Multifactor ETF
OMFL is an ETF tracking the Russell 1000 Invesco Dynamic Multifactor index, re-weighting stocks based on economic cycles and market conditions. OMFL has a concentrated portfolio of mid and small-caps,...
Is OMFL's Approach Really A Game Changer? Conviction Without Certainty
OMFL implements one of four portfolio regimes based on a model's assessment of the business cycle. Factors emphasized may include size, value, momentum, volatility, and quality. OMFL was the top-perfo...
OMFL: Contrarian Factor Mix, Remains A Buy
OMFL has an index-based, macro-centered multifactor strategy that is supposed to recalibrate the Russell 1000 to benefit from the market environment.
OMFL: Strong Story, No Alpha
Invesco Russell 1000 Dynamic Multifactor ETF takes a dynamic management approach tied to the economic cycle.
OMFL: A One Ticker SWAN?
Invesco Russell 1000 Dynamic Multifactor ETF is a diversified fund focused on value, momentum, and low-volatility stocks. If you look back over the past three years, OMFL ETF has outperformed the S&P ...
Trimming The Fat: OMFL Sheds Regional Banks, Boosts Quality And Growth With Tech
OMFL is a Russell 1000 Multifactor ETF that routinely changes according to a proprietary model's assessment of the economic cycle. My assessment is that OMFL is still modeling the expansion phase, but...
Unraveling The Merits Of Invesco: Why OMFL Is A Great ETF
The Invesco Russell 1000 Dynamic Multifactor ETF is an actively-managed fund that invests in companies listed on the Russell 1000 index. The fund uses an economic cycle-based management approach, deli...
How I'd Invest $2.5 Million Right Now
My family has been rocked by an unrelenting string of medical and life crises. Fortunately, my family's charity hedge fund is saving us from bankruptcy and despair. I've updated my family's ZEUS Incom...
Rise In Oil Prices And Treasury Yields Push ETF And Conventional Fund Investors To Money Market Funds During The Fund Flows Week
Investors were net purchasers of fund assets (including those of conventional funds and ETFs) for the second week in a row, injecting a net $9.6 billion for the LSEG Lipper fund-flows week ended Wedne...
3 Actively Managed ETFs To Consider This September
The growing application of actively managed ETFs makes them highly lucrative investment products, given the developing opportunity set within the modern financial markets.
OMFL: Questionable Allocation
The Invesco Russell 1000® Dynamic Multifactor ETF's active approach provides a solid diversification strategy. Nevertheless, its conviction often leads to significant drawdowns. Intuitively, the OMFL ...
Big Tech Is About To Fry, But OMFL Is Likely To Fly
Big tech (specifically the magnificent seven) has driven almost all of the market's gains in 2023. Valuations have gotten absurd to the point where it's the worst time in 22 years to buy the S&P relat...
OMFL: Economic Cycle Prompts 84% Turnover For This Top Multi-Factor ETF
Invesco Russell 1000® Dynamic Multifactor ETF tracks a rules-based Index that selects U.S. securities based on five factors: size, value, momentum, low volatility, and quality. Factors are emphasized ...
OMFL: Top Performing Business Cycle Investing Fund
The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) outperforms the iShares Russell 1000 ETF (IWB) in both bull and bear markets. OMFL dynamically adjusts its factor weights based on the current e...
OMFL: Top Performing Multifactor ETF Entering Unchartered Territory
OMFL is a multifactor ETF that reconstitutes as frequently as monthly based on where we are in the business cycle: recovery, expansion, slowdown, and contraction. Fees are fair at 0.29%, considering h...
18 World-Beater Blue Chips For The Ultimate High-Yield Retirement Portfolio
World-beater blue chips are the best way for regular people like you and me to achieve our financials dreams. Over 50 years of market data shows there is an optimal asset allocation for earning good t...
5 Dividend ETFs That Could Change Your Life And The World
Five world-beater dividend exchange-traded funds exist that create a balanced and diversified blue-chip portfolio of the 935 best companies on earth. They yield 1.8% and have historical and future exp...
The 2 Best Market-Beating Dividend ETFs You've Never Heard Of
I've spent eight years researching how to build the ultimate high-yield income growth portfolio to make my family's dreams come true. The ZEUS Income Growth portfolio is the result, my family hedge fu...
OMFL: Underfollowed Multi-Factor Alpha-Generating ETF
OMFL has a macro-centered multifactor strategy, with holdings selected from the Russell 1000. OMFL is currently overweight financials and industrials, with decent exposure to the value and quality fac...
