OMFLInvesco Russell 1000 Dynamic Multifactor ETF
OMFL Fund Description
OMFL 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 Summary Data
OMFL Portfolio Data
OMFL Index Data
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 Benchmark Comparison Summary
OMFL Benchmark Comparison Market Cap Size