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OMFL vs FLRG

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

OMFL

Invesco Russell 1000 Dynamic Multifactor ETF

Invesco

Annual cost

0.29%

Fund size

$4.6B

FLRG

Fidelity U.S. Multifactor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$283M

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.
  • OMFL is classified as alternative, while FLRG is equity — different risk/return profiles.
  • OMFL follows a systematic alpha strategy; FLRG uses index tracking.
  • Over the last 3 years, FLRG has delivered higher annualized returns.

Side-by-side comparison

OMFLFLRG
Annual cost (TER)0.29%0.15%
Fund size (AUM)$4.6B$283M
Since20172020
Dividend yield0.78%1.39%
Asset classalternativeequity
Regionnorth americanorth america
Strategysystematic alphaindex tracking
CAGR 1Y+23.5%+19.9%
CAGR 3Y+14.3%+19.4%
CAGR 5Y+9.4%+13.0%
Sharpe 3Y0.741.13
Volatility 1Y12.16%10.28%
Max drawdown-33.24%-19.64%

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

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