Invesco Russell 1000 Dynamic Multifactor ETF (OMFL)
| Assets | $5.28B |
| Expense Ratio | 0.29% |
| PE Ratio | 23.09 |
| Shares Out | 95.51M |
| Dividend (ttm) | $0.70 |
| Dividend Yield | 1.26% |
| Ex-Dividend Date | Sep 23, 2024 |
| Payout Ratio | 29.09% |
| 1-Year Return | +13.99% |
| Volume | 97,700 |
| Open | 55.73 |
| Previous Close | 55.74 |
| Day's Range | 55.67 - 55.78 |
| 52-Week Low | 46.79 |
| 52-Week High | 55.80 |
| Beta | 1.02 |
| Holdings | 250 |
| 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
42.76% of assets| Name | Symbol | Weight |
|---|---|---|
| Berkshire Hathaway Inc. | BRK.B | 5.33% |
| Costco Wholesale Corporation | COST | 5.17% |
| Amazon.com, Inc. | AMZN | 5.01% |
| NVIDIA Corporation | NVDA | 4.98% |
| Meta Platforms, Inc. | META | 4.92% |
| Microsoft Corporation | MSFT | 4.32% |
| Apple Inc. | AAPL | 3.74% |
| Broadcom Inc. | AVGO | 3.26% |
| Visa Inc. | V | 3.23% |
| Walmart Inc. | WMT | 2.81% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Jun 20, 2023 | $0.168 | Jun 23, 2023 |
News
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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
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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
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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...
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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...
