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OMFL vs HEMI
Invesco Russell 1000 Dynamic Multifactor ETF vs Hartford Equity Premium Income ETF
Key differences
Both OMFL and HEMI are alternative ETFs. OMFL charges 0.29% a year and HEMI 0.49%. The main difference: OMFL follows a systematic alpha strategy; HEMI uses option income.
- OMFL follows a systematic alpha strategy; HEMI uses option income.
- OMFL costs 0.20% less per year.
- OMFL is much larger than HEMI. Larger funds are usually more liquid and less likely to close.
- OMFL has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| OMFL | HEMI | |
|---|---|---|
| Annual cost (TER) | 0.29% | 0.49% |
| Fund size (AUM) | $4.7B | $34M |
| Since | 2017 | 2025 |
| Dividend yield | 0.75% | — |
| Asset class | alternative | alternative |
| Region | north america | north america |
| Strategy | systematic alpha | option income |
| CAGR 1Y | +21.2% | N/A |
| CAGR 3Y | +14.2% | N/A |
| CAGR 5Y | +9.2% | N/A |
| Sharpe 3Y | 0.73 | N/A |
| Volatility 1Y | 12.38% | — |
| Max drawdown | -33.24% | -7.79% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.