OMFL vs VOO
OMFL vs VOO
Invesco Russell 1000 Dynamic Multifactor ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. OMFL offers more diversification with 571 holdings.
Side-by-Side Comparison
| Metric | OMFL | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.03% | |
| AUM | $4.7B | $979.0B | |
| Dividend Yield | 0.81% | 1.09% | |
| Holdings | 481 | 509 | |
| YTD Return | +15.40% | +13.80% | |
| 1Y Return | +22.09% | +23.71% | |
| 3Y Return (annualized) | +13.35% | +21.50% | |
| 5Y Return (annualized) | +9.64% | +13.44% | |
| Volatility (annualized) | 17.4% | 14.1% | |
| Max Drawdown | -33.2% | -34.3% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Nov 8, 2017 | Sep 7, 2010 |
OMFL vs VOO Performance
Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is a ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year OMFL returned +22.09% while VOO returned +23.71%. Year to date, OMFL is up 15.40% versus a gain of 13.80% for VOO.
Over three years, OMFL compounded at +13.35% per year against +21.50% for VOO; over five years the annualized figures are +9.64% and +13.44% respectively. Across the full 9-year window we track, OMFL has the edge at +14.18% annualized vs +13.58%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OMFL has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -33.2% for OMFL and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
OMFL charges 0.29% per year while VOO charges 0.03%. On a $10,000 position that is $29 vs $3 annually, a gap of $26 per year that compounds over a long holding period. On income, OMFL currently yields 0.81% against 1.09% for VOO.
Holdings Overlap
OMFL and VOO share 372 holdings out of 704 unique holdings combined, representing a 63.6% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in OMFL | Weight in VOO | Difference |
|---|---|---|---|
| AAPL | 7.85% | 6.59% | 1.26% |
| NVDA | 4.77% | 7.51% | 2.74% |
| MSFT | 4.85% | 4.30% | 0.55% |
| GOOGL | Pro | Pro | Pro |
| AMZN | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| V | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
See all 10 holdings OMFL shares with VOO Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, OMFL or VOO?
OMFL has an expense ratio of 0.29% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
Which performed better, OMFL or VOO?
Over the past year OMFL returned +22.09% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (9 years), OMFL annualized +14.18% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, OMFL or VOO?
OMFL has been the more volatile fund at 17.4% annualized versus 14.1% for VOO. Worst drawdown: OMFL -33.2% vs VOO -34.3%.
Should I hold both OMFL and VOO?
OMFL and VOO have a monthly-return correlation of 0.90, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between OMFL and VOO?
OMFL and VOO share 372 common holdings with a 63.6% weight overlap. Combined, they hold 704 unique securities.
Which pays a higher dividend, OMFL or VOO?
OMFL yields 0.81% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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