Invesco Russell 1000 Dynamic Multifactor ETFOMFL
OMFL
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
6.95% less ownership
Funds ownership: 87.95% [Q2] → 81.0% (-6.95%) [Q3]
8% less funds holding
Funds holding: 286 [Q2] → 263 (-23) [Q3]
18% less capital invested
Capital invested by funds: $5.31B [Q2] → $4.35B (-$961M) [Q3]
24% less funds holding in top 10
Funds holding in top 10: 29 [Q2] → 22 (-7) [Q3]
38% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 132
53% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 43
Research analyst outlook
We haven’t received any recent analyst ratings for OMFL.
Financial journalist opinion
Neutral
Zacks Investment Research
3 weeks ago
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.
Neutral
Zacks Investment Research
1 month ago
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.
Neutral
Zacks Investment Research
2 months ago
Is Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) a Strong ETF Right Now?
The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) was launched on 11/08/2017, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Large Cap Growth category of the market.
Neutral
Seeking Alpha
3 months ago
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.
Positive
Seeking Alpha
3 months ago
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.
Neutral
Zacks Investment Research
3 months ago
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.
Neutral
Zacks Investment Research
4 months ago
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.
Positive
ETF Trends
5 months ago
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.
Positive
Seeking Alpha
5 months ago
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.
Neutral
Seeking Alpha
5 months ago
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.
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