OMFLOppenheimer Russell 1000 Dynamic Multifactor ETF
OMFL Fund Description
The Oppenheimer Russell 1000 Dynamic Multifactor ETF tracks an index of US large-cap stocks selected by a combination of five investment factors, which are weighted based on current macroeconomic conditions.
OMFL Factset Analytics Insight
OMFL scores the component securities of the Russell 1000 Index by value, size, momentum, quality, and low volatility. To combine these factors, Oppenheimer uses a rules-based methodology that relies on leading economic indicators and global risk appetite to determine the state of the current market cycle: expansion, slowdown, contraction, or recovery. The fund shifts exposure to favor the factors that tend to fare better in the given market environment. Holdings are weighted by the combined factor score, scaled by market cap. OMFL capitalizes on the cyclicality of factor performance through its use of this dynamic overlay. The fund is reasonably priced for this added feature.
OMFL MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 21, 2018 the Oppenheimer Russell 1000 Dynamic Multifactor ETF MSCI ESG Fund Quality Score is 4.56 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. OMFL ranks in the 9th percentile within its peer group and in the 20th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
OMFL CHARTS AND PERFORMANCE
OMFL Top 10 Countries
OMFL Top 10 Sectors
OMFL Top 10 Holdings [View All]
OMFL Portfolio Management
OMFL Tax Exposures
OMFL Fund Structure
OMFL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of OMFL. OMFL is rated a 5 out of 5.
OMFL Sector/Industry Breakdown
OMFL TOP 10 HOLDINGS[View All]
OMFL Economic Development
OMFL Performance Statistics
OMFL MSCI ESG Ratings
OMFL BENCHMARK COMPARISON SUMMARY
OMFL BENCHMARK COMPARISON MARKET CAP SIZE
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.