Screener
MDIV vs OMFL
Multi-Asset Diversified Income Index Fund vs Invesco Russell 1000 Dynamic Multifactor ETF
Key differences
MDIV is a mixed asset ETF, while OMFL is an alternative ETF. MDIV charges 0.71% a year and OMFL 0.29%.
- MDIV is a mixed asset fund, while OMFL is an alternative fund. They carry different risk/return profiles.
- MDIV follows a index tracking strategy; OMFL uses systematic alpha.
- OMFL costs 0.42% less per year.
- OMFL is much larger than MDIV. Larger funds are usually more liquid and less likely to close.
- Over the last three years, OMFL has delivered higher annualized returns.
- MDIV has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| MDIV | OMFL | |
|---|---|---|
| Annual cost (TER) | 0.71% | 0.29% |
| Fund size (AUM) | $411M | $4.7B |
| Since | 2012 | 2017 |
| Dividend yield | 6.38% | 0.75% |
| Asset class | mixed asset | alternative |
| Region | north america | north america |
| Strategy | index tracking | systematic alpha |
| CAGR 1Y | +12.3% | +21.2% |
| CAGR 3Y | +11.4% | +14.2% |
| CAGR 5Y | +5.9% | +9.2% |
| Sharpe 3Y | 0.85 | 0.73 |
| Volatility 1Y | 6.71% | 12.38% |
| Max drawdown | -48.50% | -33.24% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.