OMFL vs VYM
OMFL vs VYM
Invesco Russell 1000 Dynamic Multifactor ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. OMFL offers more diversification with 571 holdings.
Side-by-Side Comparison
| Metric | OMFL | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.04% | |
| AUM | $4.7B | $79.0B | |
| Dividend Yield | 0.81% | 2.86% | |
| Holdings | 481 | 568 | |
| YTD Return | +13.39% | +13.82% | |
| 1Y Return | +20.45% | +24.08% | |
| 3Y Return (annualized) | +12.82% | +17.72% | |
| 5Y Return (annualized) | +9.35% | +12.13% | |
| Volatility (annualized) | 17.4% | 14.6% | |
| Max Drawdown | -33.2% | -58.8% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Nov 8, 2017 | Nov 10, 2006 |
OMFL vs VYM Performance
Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is a ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year OMFL returned +20.45% while VYM returned +24.08%. Year to date, OMFL is up 13.39% versus a gain of 13.82% for VYM.
Over three years, OMFL compounded at +12.82% per year against +17.72% for VYM; over five years the annualized figures are +9.35% and +12.13% respectively. Across the full 9-year window we track, OMFL has the edge at +13.97% annualized vs +6.98%. 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 14.6% for VYM. 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 -58.8% for VYM. 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OMFL charges 0.29% per year while VYM charges 0.04%. On a $10,000 position that is $29 vs $4 annually, a gap of $25 per year that compounds over a long holding period. On income, OMFL currently yields 0.81% against 2.86% for VYM.
Holdings Overlap
OMFL and VYM share 204 holdings out of 925 unique holdings combined, representing a 25.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in OMFL | Weight in VYM | Difference |
|---|---|---|---|
| AVGO | 0.89% | 6.47% | 5.58% |
| JNJ | 1.48% | 2.62% | 1.14% |
| XOM | 1.08% | 2.83% | 1.75% |
| JPM | Pro | Pro | Pro |
| WMT | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
| PG | Pro | Pro | Pro |
| ABBV | Pro | Pro | Pro |
| CAT | Pro | Pro | Pro |
| PM | Pro | Pro | Pro |
See all 10 holdings OMFL shares with VYM 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 VYM?
OMFL has an expense ratio of 0.29% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $25 per year of difference.
Which performed better, OMFL or VYM?
Over the past year OMFL returned +20.45% vs +24.08% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (9 years), OMFL annualized +13.97% vs +6.98% for VYM. Past performance does not guarantee future results.
Which is riskier, OMFL or VYM?
OMFL has been the more volatile fund at 17.4% annualized versus 14.6% for VYM. Worst drawdown: OMFL -33.2% vs VYM -58.8%.
Should I hold both OMFL and VYM?
OMFL and VYM have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between OMFL and VYM?
OMFL and VYM share 204 common holdings with a 25.2% weight overlap. Combined, they hold 925 unique securities.
Which pays a higher dividend, OMFL or VYM?
OMFL yields 0.81% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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