Core Insights - The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is a smart beta ETF launched on November 8, 2017, providing broad exposure to the Large Cap Growth category [1] - OMFL has accumulated over $4.96 billion in assets, positioning it as one of the larger ETFs in its category [5] - The ETF aims to match the performance of the Russell 1000 Invesco Dynamic Multifactor Index, which selects equity securities from the 1,000 largest U.S. companies [6] Investment Strategy - Smart beta ETFs, like OMFL, utilize non-cap weighted strategies to potentially outperform traditional market cap weighted indexes [3] - OMFL employs a rules-based methodology to select stocks based on specific fundamental characteristics [4] Cost Structure - OMFL has an annual operating expense ratio of 0.29%, which is competitive within its peer group [7] - The ETF offers a 12-month trailing dividend yield of 0.70% [7] Sector Allocation and Holdings - The largest sector allocation for OMFL is Information Technology, comprising approximately 26.4% of the portfolio [8] - Top holdings include Apple Inc (7.58%), Microsoft Corp, and Meta Platforms Inc, with the top 10 holdings accounting for about 41.49% of total assets [9] Performance Metrics - As of August 7, 2025, OMFL has gained approximately 8.25% year-to-date and 22.15% over the past year [11] - The ETF has a beta of 1.01 and a standard deviation of 15.93% over the trailing three-year period, indicating effective diversification of company-specific risk [11] Alternatives - Other ETFs in the Large Cap Growth space include Vanguard Growth ETF (VUG) and Invesco QQQ (QQQ), with VUG having $182.33 billion in assets and an expense ratio of 0.04%, while QQQ has $362.46 billion and an expense ratio of 0.20% [12]

Core Insights - The Invesco Russell 1000 Dynamic Multifactor ETF (BATS: OMFL) is currently in a contraction phase, as reiterated from previous analyses [1]. Group 1 - The Sunday Investor has completed all educational requirements for the Chartered Investment Manager designation and is on track to become a licensed options and derivatives trading advisor [1]. - The Sunday Investor focuses on U.S. Equity ETFs and maintains a comprehensive ETF Database tracking nearly 1,000 funds [1]. - The Sunday Investor is actively engaged in the comments section, ready to answer questions regarding any ETF [1].

Core Viewpoint - The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is designed to provide broad exposure to the Large Cap Growth segment of the US equity market, with significant assets under management and a focus on large-cap companies [1][10]. Group 1: Fund Overview - OMFL is a passively managed ETF launched on November 8, 2017, and has amassed over $4.93 billion in assets, making it one of the larger ETFs in its category [1]. - The ETF has an annual operating expense ratio of 0.29%, which is competitive within its peer group, and a 12-month trailing dividend yield of 0.71% [4]. Group 2: Market Characteristics - Large cap companies, defined as those with market capitalizations above $10 billion, are generally more stable and exhibit predictable cash flows compared to mid and small cap companies [2]. - Growth stocks, while having higher sales and earnings growth rates, also come with higher valuations and volatility, making them a safer bet in strong bull markets but less effective in other financial environments [3]. Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Information Technology sector, comprising about 22.80% of the portfolio, followed by Consumer Staples and Financials [5]. - Microsoft Corp (MSFT) is the largest holding at approximately 5.38% of total assets, with the top 10 holdings accounting for about 43.87% of total assets under management [6]. Group 4: Performance Metrics - As of July 17, 2025, the ETF has returned approximately 6.57% year-to-date and 11.67% over the past year, with a trading range between $47.65 and $58.13 in the past 52 weeks [8]. - The ETF has a beta of 1 and a standard deviation of 16.04% for the trailing three-year period, indicating effective diversification of company-specific risk with about 277 holdings [8]. Group 5: Alternatives and Comparisons - OMFL holds a Zacks ETF Rank of 2 (Buy), indicating strong expected performance based on various factors [10]. - Other ETFs in the same space include the Vanguard Growth ETF (VUG) and Invesco QQQ (QQQ), with VUG having $178.36 billion in assets and an expense ratio of 0.04%, while QQQ has $355.54 billion in assets and charges 0.20% [11]. Group 6: Investment Appeal - Passively managed ETFs like OMFL are favored by both institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency, making them an excellent choice for long-term investors [12].