OMFL vs VTI

Quick Verdict

VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: VTIMore Diversified: VTI

Side-by-Side Comparison

MetricOMFLVTIWinner
Expense Ratio0.29%0.03%
AUM$4.7B$663.5B
Dividend Yield0.81%1.07%
Holdings4813,543
YTD Return+15.02%+13.92%
1Y Return+22.18%+24.07%
3Y Return (annualized)+13.08%+20.88%
5Y Return (annualized)+9.88%+12.47%
Volatility (annualized)17.4%15.3%
Max Drawdown-33.2%-56.6%
Fund FamilyInvesco (US)Vanguard (US)
CategoryEquityEquity
InceptionNov 8, 2017May 24, 2001

OMFL vs VTI Performance

Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is a ETF from Invesco (US) and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year OMFL returned +22.18% while VTI returned +24.07%. Year to date, OMFL is up 15.02% versus a gain of 13.92% for VTI.

Over three years, OMFL compounded at +13.08% per year against +20.88% for VTI; over five years the annualized figures are +9.88% and +12.47% respectively. Across the full 9-year window we track, OMFL has the edge at +14.16% annualized vs +8.13%. 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 15.3% for VTI. 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 -56.6% for VTI. 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 0.91. 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 VTI 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 1.07% for VTI.

Holdings Overlap

60.1%overlap

OMFL and VTI share 488 holdings out of 2866 unique holdings combined, representing a 60.1% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in OMFLWeight in VTIDifference
AAPL7.85%5.84%2.01%
NVDA4.77%6.32%1.55%
MSFT4.85%3.81%1.04%
GOOGLProProPro
AMZNProProPro
GOOGProProPro
VProProPro
LLYProProPro
AVGOProProPro
MUProProPro
See all 10 holdings OMFL shares with VTI
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, OMFL or VTI?

OMFL has an expense ratio of 0.29% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $26 per year of difference.

Which performed better, OMFL or VTI?

Over the past year OMFL returned +22.18% vs +24.07% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (9 years), OMFL annualized +14.16% vs +8.13% for VTI. Past performance does not guarantee future results.

Which is riskier, OMFL or VTI?

OMFL has been the more volatile fund at 17.4% annualized versus 15.3% for VTI. Worst drawdown: OMFL -33.2% vs VTI -56.6%.

Should I hold both OMFL and VTI?

OMFL and VTI have a monthly-return correlation of 0.91, 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 VTI?

OMFL and VTI share 488 common holdings with a 60.1% weight overlap. Combined, they hold 2866 unique securities.

Which pays a higher dividend, OMFL or VTI?

OMFL yields 0.81% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.

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