Screener
OMFL vs MDIV
Invesco Russell 1000 Dynamic Multifactor ETF vs Multi-Asset Diversified Income Index Fund
Key differences
OMFL is an alternative ETF, while MDIV is a mixed asset ETF. OMFL charges 0.29% a year and MDIV 0.71%.
- OMFL is an alternative fund, while MDIV is a mixed asset fund. They carry different risk/return profiles.
- OMFL follows a systematic alpha strategy; MDIV uses index tracking.
- 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
| OMFL | MDIV | |
|---|---|---|
| Annual cost (TER) | 0.29% | 0.71% |
| Fund size (AUM) | $4.7B | $411M |
| Since | 2017 | 2012 |
| Dividend yield | 0.75% | 6.38% |
| Asset class | alternative | mixed asset |
| Region | north america | north america |
| Strategy | systematic alpha | index tracking |
| CAGR 1Y | +21.2% | +12.3% |
| CAGR 3Y | +14.2% | +11.4% |
| CAGR 5Y | +9.2% | +5.9% |
| Sharpe 3Y | 0.73 | 0.85 |
| Volatility 1Y | 12.38% | 6.71% |
| Max drawdown | -33.24% | -48.50% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.