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.

Zacks Investment Research • Dec 10, 2025

Should Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) Be on Your Investing Radar?

Looking for broad exposure to the Large Cap Growth segment of the US equity market? You should consider the Invesco Russell 1000 Dynamic Multifactor ETF (OMFL), a passively managed exchange traded fund launched on November 8, 2017.

Zacks Investment Research • Nov 20, 2025

OMFL: More Stable Returns Ahead For This Once-Popular Multifactor ETF

OMFL is a multi-factor ETF that selects stocks according to a proprietary model's assessment of the current economic cycle. Fees are 0.29%, and the ETF has $5.00 billion in assets. The model currently assesses we are in the slowdown phase, which is supported by the Conference Board's latest Leading Indicators report. As such, OMFL emphasizes high-quality and less-volatile large-cap stocks. Despite turnover averaging 280% over the last five years, I expect a more stable portfolio moving forward, and I like OMFL's current mix of high-quality stocks with some extra growth.

Seeking Alpha • Jul 28, 2025

OMFL: Current Environment Becomes A New Opportunity For This Dynamic Multifactor Fund

The Invesco Russell 1000 Dynamic Multifactor ETF adjusts its sector exposures based on economic conditions, currently overweighting defensive sectors like consumer staples and financial services. Despite a higher forward P/E ratio, OMFL's dynamic allocation allows flexibility to adapt to market volatility, driven by trade disputes and economic uncertainty. OMFL has underperformed broader benchmarks in recent bullish years but showed strength in down markets, reflecting its defensive investment strategy.

Seeking Alpha • Apr 11, 2025

OMFL: Why Settling Into The Contraction Phase Is Good For Shareholders

OMFL is a multi-factor ETF that selects stocks according to a proprietary model's assessment of the current economic cycle. Fees are 0.29% and the ETF has $5.15 billion in assets. OMFL was previously a top performer, but its active returns against its benchmark are -17.50% YTD. Still, returns have stabilized lately as its model has settled on the contraction phase. Evidence indicates this will continue, and despite some changes over the last four months to its Consumer Staples and Technology allocations, OMFL remains strong fundamentally.

Seeking Alpha • Dec 31, 2024

OMFL: A Dynamic ETF With Potential, But Risks Falling Short For Long-Term Investors

Invesco Russell 1000 Dynamic Multifactor ETF uses a dynamic multifactor strategy to adjust its portfolio based on economic phases, with a fair expense ratio of 0.29%. OMFL's frequent rebalancing leads to a high turnover rate of 247%, which can impact long-term returns due to higher expenses. The fund has shown the ability to outperform the Russell 1000 Index but has also underperformed due to incorrect economic phase predictions.

Seeking Alpha • Dec 24, 2024

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.

Seeking Alpha • Sep 17, 2024

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.

Seeking Alpha • Sep 8, 2024

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.

ETF Trends • Jul 12, 2024

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.

Seeking Alpha • Jul 12, 2024