OMFL
Invesco Russell 1000 Dynamic Multifactor ETF
📎 Investment Objective
The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) seeks to track the investment results of an index that provides exposure to U.S. large-cap stocks with a focus on multiple factors that have historically driven stock returns.
Overview
ETF tracking Invesco Russell 1000 Dynamic Multifactor ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) seeks to track the investment results of an index that provides exposure to U.S. large-cap stocks with a focus on multiple factors that have historically driven stock returns.
🎯 Investment Strategy
The ETF tracks the Russell 1000 Dynamic Multifactor Index, which selects and weights stocks based on a combination of factors including value, momentum, quality, low volatility, and size. The index aims to provide broad U.S. large-cap exposure while emphasizing stocks with attractive factor characteristics.
✨ Key Features
- Diversified exposure to U.S. large-cap stocks with a multifactor approach
- Seeks to enhance returns by tilting towards stocks with favorable factor profiles
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Market risk: The value of the ETF's holdings may decline due to general market conditions
- Factor risk: The fund's focus on specific investment factors may lead to periods of underperformance
- Concentration risk: The fund's holdings may be concentrated in certain sectors or industries
- Liquidity risk: The ETF may have difficulty trading certain holdings at an optimal price
👤 Best For
This ETF may be suitable for long-term investors seeking broad exposure to U.S. large-cap stocks with a focus on multiple factors that have historically driven stock returns. It may be appropriate as a core holding in a diversified portfolio, but investors should be comfortable with the risks associated with factor-based investing.