Invesco Russell 1000 Dynamic Multifactor ETF

OMFL

Market cap $4.73B

Invesco Russell 1000® Dynamic Multifactor ETF has a nuanced factor rotation strategy adjusting exposures depending on macro indicators. I decided to downgrade OMFL to a Hold owing to its unconvincing performance in the recent years that erased its earlier alpha. Despite a few changes applied to the strategy in June 2025, OMFL has still underperformed IVV and IWB since then.

Designed to provide broad exposure to the Style Box - Large Cap Growth category of the market, the Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is a smart beta exchange traded fund launched on 11/08/2017.

Looking for broad exposure to the Large Cap Growth segment of the US equity market? You should consider the Invesco Russell 1000 Dynamic Multifactor ETF (OMFL), a passively managed exchange traded fund launched on November 8, 2017.

The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) made its debut on 11/08/2017, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Large Cap Growth category of the market.

Launched on November 8, 2017, the Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Growth segment of the US equity market.

The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) made its debut on 11/08/2017, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Large Cap Growth category of the market.

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 $5.00 billion in assets. The model currently assesses we are in the slowdown phase, which is supported by the Conference Board's latest Leading Indicators report. As such, OMFL emphasizes high-quality and less-volatile large-cap stocks. Despite turnover averaging 280% over the last five years, I expect a more stable portfolio moving forward, and I like OMFL's current mix of high-quality stocks with some extra growth.

Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is a passively managed exchange traded fund launched on 11/08/2017.

Designed to provide broad exposure to the Style Box - Large Cap Growth category of the market, the Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is a smart beta exchange traded fund launched on 11/08/2017.

Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is a passively managed exchange traded fund launched on 11/08/2017.