Invesco Russell 1000 Dynamic Multifactor ETF
OMFL

$52.82

0.02%

Market Cap: $5.36B

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

124% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 21

10% more funds holding

Funds holding: 257 [Q1] → 283 (+26) [Q2]

7% less repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 108

3.75% less ownership

Funds ownership: 86.42% [Q1] → 82.67% (-3.75%) [Q2]

11% less capital invested

Capital invested by funds: $5.58B [Q1] → $4.99B (-$587M) [Q2]

17% less funds holding in top 10

Funds holding in top 10: 35 [Q1] → 29 (-6) [Q2]

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $5K

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for OMFL.

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about OMFL published over the past 30 days

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 Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) has shown volatility but is stabilizing; patience is advised by The Sunday Investor as its high-quality selections might perform well. The SPDR Portfolio S&P 500 High Dividend ETF (SPYD) offers a 4.07% yield but lacks complexity according to MacroGirl; consider alternatives like PEY.

Undercovered ETFs You Should Know About: 12 Analysts' Picks From August-September 2024

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 be considered a "fallen angel". After leading its benchmark by 33% in April 2023, OMFL now trails IWB by 7% since its November 2017 launch. While mean reversion won't play into this unpredictable fund with 300%+ annual turnover, I anticipate it settling into either "slowdown" or "contraction" mode where high-quality, low-volatility stocks are held.

OMFL: What's Next For This Unpredictable Multi-Factor Fund?

Zacks Investment Research

Should Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) Be on Your Investing Radar?

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

Should Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) Be on Your Investing Radar?

Zacks Investment Research

Is Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) a Strong ETF Right Now?

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.

Is Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) a Strong ETF Right Now?

Check Out OMFL for a Mega-Cap Growth ETF Alternative

While mega-cap growth names have led in returns in 2024, investors may want to consider getting exposure with a multifactor ETF. The “Magnificent Seven” collectively doubled in value in 2023, leaving many investors concerned over high valuations.

Check Out OMFL for a Mega-Cap Growth ETF Alternative

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 funds (+$4.3 billion), taxable bond funds (+$3.4 billion), tax-exempt bond funds (+$775 million), and alternative investments funds (+$640 million) attracted inflows. Equity funds (-$2.3 billion), mixed-assets funds (-$226 million), and commodities funds (-$37 million were the only groups to see outflows.

U.S. Weekly Fund Flows Insight Report: General U.S. Treasury ETFs Take In $1.4 Billion, Eleventh Consecutive Weekly Inflow

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, with a high turnover rate and underweight exposure to technology. Short-term underperformance in 2024 due to value style allocation and concentration on mid and small caps, but remains an option for diversification.

OMFL: A Low Valuation Multifactor ETF

Zacks Investment Research

Should Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) Be on Your Investing Radar?

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 11/08/2017.

Should Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) Be on Your Investing Radar?

Zacks Investment Research

Is Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) a Strong ETF Right Now?

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.

Is Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) a Strong ETF Right Now?

Zacks Investment Research

Should Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) Be on Your Investing Radar?

If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the Invesco Russell 1000 Dynamic Multifactor ETF (OMFL), a passively managed exchange traded fund launched on 11/08/2017.

Should Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) Be on Your Investing Radar?

See News Rankings