Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) Research

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.

Market snapshot

Symbol
OMFL
Price
$68.56
Day change
+0.90%
Market cap
$4.7B
52-week range
55.5-69.363
Sector
Financial Services
Industry
Asset Management - Global

Peer companies

  • iShares ESG MSCI KLD 400 ETF (DSI)
  • Fidelity Enhanced Large Cap Growth ETF (FELG)
  • Putnam Focused Large Cap Value ETF (PVAL)
  • Schwab 1000 Index ETF (SCHK)
  • Global X - Defense Tech ETF (SHLD)
  • ProShares - UltraPro S&P500 (UPRO)
  • VictoryShares Free Cash Flow ETF (VFLO)
  • Vanguard Russell 3000 ETF (VTHR)

Open Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.