OMFS vs VYM
OMFS vs VYM
Invesco Russell 2000 Dynamic Multifactor ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. OMFS delivered stronger 1-year returns. OMFS offers more diversification with 909 holdings.
Side-by-Side Comparison
| Metric | OMFS | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.04% | |
| AUM | $283M | $79.0B | |
| Dividend Yield | 1.07% | 2.86% | |
| Holdings | 1,109 | 568 | |
| YTD Return | +19.78% | +15.45% | |
| 1Y Return | +32.39% | +26.05% | |
| 3Y Return (annualized) | +13.25% | +17.96% | |
| 5Y Return (annualized) | +7.52% | +12.54% | |
| Volatility (annualized) | 21.3% | 14.6% | |
| Max Drawdown | -42.5% | -58.8% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Nov 8, 2017 | Nov 10, 2006 |
OMFS vs VYM Performance
Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) is a ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year OMFS returned +32.39% while VYM returned +26.05%. Year to date, OMFS is up 19.78% versus a gain of 15.45% for VYM.
Over three years, OMFS compounded at +13.25% per year against +17.96% for VYM; over five years the annualized figures are +7.52% and +12.54% respectively. Across the full 9-year window we track, OMFS has the edge at +10.51% annualized vs +7.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OMFS has been the more volatile fund, with annualized monthly volatility of 21.3% 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 -42.5% for OMFS 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OMFS charges 0.39% per year while VYM charges 0.04%. On a $10,000 position that is $39 vs $4 annually, a gap of $35 per year that compounds over a long holding period. On income, OMFS currently yields 1.07% against 2.86% for VYM.
Holdings Overlap
OMFS and VYM share 142 holdings out of 1325 unique holdings combined, representing a 2.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in OMFS | Weight in VYM | Difference |
|---|---|---|---|
| FCFS | 1.46% | 0.03% | 1.43% |
| KLIC:SI | 0.99% | 0.02% | 0.97% |
| YOU | 0.98% | 0.02% | 0.96% |
| PIPR | Pro | Pro | Pro |
| MC | Pro | Pro | Pro |
| ESNT | Pro | Pro | Pro |
| VCTR | Pro | Pro | Pro |
| RDN | Pro | Pro | Pro |
| CALM | Pro | Pro | Pro |
| WETF | Pro | Pro | Pro |
See all 10 holdings OMFS 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, OMFS or VYM?
OMFS has an expense ratio of 0.39% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $35 per year of difference.
Which performed better, OMFS or VYM?
Over the past year OMFS returned +32.39% vs +26.05% for VYM, so OMFS leads on 1-year performance. Over the longest common window we track (9 years), OMFS annualized +10.51% vs +7.06% for VYM. Past performance does not guarantee future results.
Which is riskier, OMFS or VYM?
OMFS has been the more volatile fund at 21.3% annualized versus 14.6% for VYM. Worst drawdown: OMFS -42.5% vs VYM -58.8%.
Should I hold both OMFS and VYM?
OMFS and VYM have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between OMFS and VYM?
OMFS and VYM share 142 common holdings with a 2.0% weight overlap. Combined, they hold 1325 unique securities.
Which pays a higher dividend, OMFS or VYM?
OMFS yields 1.07% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.