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FLRG vs OMFL

Fidelity U.S. Multifactor ETF vs Invesco Russell 1000 Dynamic Multifactor ETF

FLRG

Fidelity U.S. Multifactor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$283M

OMFL

Invesco Russell 1000 Dynamic Multifactor ETF

Invesco

Annual cost

0.29%

Fund size

$4.6B

Key differences

  • FLRG costs 0.14% less per year.
  • OMFL is significantly larger than FLRG — larger funds tend to be more liquid and less likely to close.
  • FLRG is classified as equity, while OMFL is alternative — different risk/return profiles.
  • FLRG follows a index tracking strategy; OMFL uses systematic alpha.
  • Over the last 3 years, FLRG has delivered higher annualized returns.

Side-by-side comparison

FLRGOMFL
Annual cost (TER)0.15%0.29%
Fund size (AUM)$283M$4.6B
Since20202017
Dividend yield1.39%0.78%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingsystematic alpha
CAGR 1Y+19.9%+23.5%
CAGR 3Y+19.4%+14.3%
CAGR 5Y+13.0%+9.4%
Sharpe 3Y1.130.74
Volatility 1Y10.28%12.16%
Max drawdown-19.64%-33.24%

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

Similar to FLRG and OMFL