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RSP vs OMFL

Invesco S&P 500 Equal Weight ETF vs Invesco Russell 1000 Dynamic Multifactor ETF

RSP

Invesco S&P 500 Equal Weight ETF

Invesco

Annual cost

0.20%

Fund size

$86.4B

OMFL

Invesco Russell 1000 Dynamic Multifactor ETF

Invesco

Annual cost

0.29%

Fund size

$4.6B

Key differences

  • RSP costs 0.09% less per year.
  • RSP is significantly larger than OMFL — larger funds tend to be more liquid and less likely to close.
  • RSP is classified as equity, while OMFL is alternative — different risk/return profiles.
  • RSP follows a index enhanced strategy; OMFL uses systematic alpha.
  • RSP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

RSPOMFL
Annual cost (TER)0.20%0.29%
Fund size (AUM)$86.4B$4.6B
Since20032017
Dividend yield1.53%0.78%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex enhancedsystematic alpha
CAGR 1Y+19.6%+23.5%
CAGR 3Y+15.2%+14.3%
CAGR 5Y+8.4%+9.4%
Sharpe 3Y0.830.74
Volatility 1Y11.73%12.16%
Max drawdown-39.04%-33.24%

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

Similar to RSP and OMFL