OMFS
Invesco Russell 2000 Dynamic Multifactor ETF
📎 Investment Objective
The Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Russell 2000 Invesco Dynamic Multifactor Index.
Overview
ETF tracking Invesco Russell 2000 Dynamic Multifactor ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Russell 2000 Invesco Dynamic Multifactor Index.
🎯 Investment Strategy
The fund employs a passive management (or index-tracking) strategy designed to track the performance of the underlying index. The index uses a multi-factor model to select and weight small-cap U.S. stocks based on a combination of factors such as value, momentum, quality, and low volatility.
✨ Key Features
- Provides exposure to a diversified portfolio of small-cap U.S. stocks
- Utilizes a multi-factor approach to stock selection and weighting
- Passively tracks the Russell 2000 Invesco Dynamic Multifactor Index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused on small-cap stocks
- Market risk as the value of the underlying securities can fluctuate
- Factor risk if the selected factors underperform the broader market
- Tracking error risk as the fund may not perfectly replicate the index
👤 Best For
This ETF may be suitable for investors seeking exposure to small-cap U.S. stocks with the potential for enhanced risk-adjusted returns through a multi-factor investment approach. It may be appropriate as a core or satellite holding in a diversified portfolio, particularly for investors with a longer-term investment horizon and a moderate to high-risk tolerance.