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EQAL vs OMFL

Invesco Russell 1000 Equal Weight ETF vs Invesco Russell 1000 Dynamic Multifactor ETF

EQAL

Invesco Russell 1000 Equal Weight ETF

Invesco

Annual cost

0.20%

Fund size

$797M

OMFL

Invesco Russell 1000 Dynamic Multifactor ETF

Invesco

Annual cost

0.29%

Fund size

$4.6B

Key differences

  • EQAL costs 0.09% less per year.
  • OMFL is significantly larger than EQAL — larger funds tend to be more liquid and less likely to close.
  • EQAL is classified as equity, while OMFL is alternative — different risk/return profiles.
  • EQAL follows a index tracking strategy; OMFL uses systematic alpha.
  • Over the last 3 years, EQAL has delivered higher annualized returns.

Side-by-side comparison

EQALOMFL
Annual cost (TER)0.20%0.29%
Fund size (AUM)$797M$4.6B
Since20142017
Dividend yield1.66%0.78%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingsystematic alpha
CAGR 1Y+25.5%+23.5%
CAGR 3Y+15.7%+14.3%
CAGR 5Y+7.1%+9.4%
Sharpe 3Y0.810.74
Volatility 1Y12.41%12.16%
Max drawdown-40.44%-33.24%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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