OMFL - ETF AI Analysis
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Invesco Russell 1000 Dynamic Multifactor ETF (OMFL)
Rating:75Outperform
Price Target:―
Positive Factors
Strong Overall Performance
The ETF has shown solid gains so far this year and in recent months, indicating positive momentum.
Leading Technology Holdings
Several major technology positions like Apple, Nvidia, Alphabet, and Cisco have delivered strong results, helping drive the fund’s returns.
Broad Sector Diversification
The ETF spreads its investments across many sectors, which can help reduce the impact if one industry runs into trouble.
Negative Factors
Heavy Tilt Toward Technology
A large portion of the portfolio is in technology stocks, which increases the fund’s sensitivity to swings in that sector.
Mixed Performance Among Top Holdings
Some key positions like Microsoft and Mastercard have been weak recently, which can offset gains from stronger stocks.
Very High U.S. Concentration
Almost all of the ETF’s assets are invested in U.S. companies, offering little geographic diversification outside the United States.
OMFL vs. SPDR S&P 500 ETF (SPY)
AUM4.71B
RegionNorth America
Expense Ratio0.29%
Beta0.88
IssuerInvesco
Inception DateNov 08, 2017
Dividend Yield0.82%
Asset ClassEquity
Index TrackedRussell 1000 Invesco Dynamic Multifactor Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume108,611
30 Day Avg. Volume136,089
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
81.40Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering634
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
OMFL Summary
OMFL is the Invesco Russell 1000 Dynamic Multifactor ETF, which follows the Russell 1000 Invesco Dynamic Multifactor Index. It invests mainly in large U.S. companies across many sectors, with top holdings like Apple and Microsoft. The fund tilts toward stocks it views as higher quality, better value, or showing strong momentum, and it can adjust its mix as economic conditions change. Someone might invest in OMFL for broad diversification in big U.S. companies with a rules-based strategy that aims for better long-term growth. A key risk is that it still moves up and down with the overall stock market, especially large U.S. and tech stocks.
How much will it cost me?The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) has an expense ratio of 0.29%, which means you’ll pay $2.90 per year for every $1,000 invested. This is slightly higher than average for ETFs because it uses an actively managed strategy to adjust its factor exposure based on economic conditions, aiming to optimize returns and manage risks. It’s a good option if you’re looking for a dynamic and responsive investment approach.
What would affect this ETF?The OMFL ETF, with its focus on large-cap U.S. companies and significant exposure to technology and financial sectors, could benefit from advancements in tech innovation and stable economic growth, which often drive demand for these industries. However, it may face challenges from rising interest rates, which can negatively impact growth stocks, and regulatory changes affecting major holdings like Apple and Microsoft. Its dynamic strategy helps adapt to changing market conditions, but economic uncertainty or sector-specific downturns could still pose risks.
OMFL Top 10 Holdings
OMFL is leaning heavily into U.S. tech, with Apple, Nvidia, Microsoft, and a double dose of Alphabet steering the ship. Recently, the real spark has come from chip names like Lam Research and Micron, which have been racing ahead and giving the fund a strong semiconductor flavor. Alphabet’s shares have been generally rising, adding steady fuel, while Apple looks a bit tired and Microsoft has been losing steam, acting more like a brake than an engine. Visa and McKesson have also been lagging, reminding investors this U.S.-focused fund isn’t all about high-flying tech.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Apple | 8.95% | $417.89M | $4.79T | 50.48% | 79 Outperform | |
| Nvidia | 5.10% | $238.10M | $5.13T | 20.16% | 76 Outperform | |
| Microsoft | 5.02% | $234.21M | $2.90T | -25.31% | 79 Outperform | |
| Visa | 2.87% | $134.11M | $665.89B | -0.67% | 70 Outperform | |
| Alphabet Class A | 2.84% | $132.70M | $4.16T | 65.32% | 85 Outperform | |
| Alphabet Class C | 2.33% | $108.62M | $4.16T | 64.77% | 82 Outperform | |
| Mastercard | 2.15% | $100.14M | $470.05B | -5.89% | 75 Outperform | |
| Eli Lilly & Co | 2.03% | $94.97M | $1.10T | 47.23% | 72 Outperform | |
| Amazon | 1.80% | $84.21M | $2.63T | 0.62% | 71 Outperform | |
| Cisco Systems | 1.66% | $77.68M | $442.27B | 65.12% | 77 Outperform |
OMFL Technical Analysis
Neutral
―
Price Trends
68.13
Negative
65.49
Positive
63.23
Positive
Market Momentum
0.19
Positive
45.67
Neutral
19.01
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For OMFL, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 68.60, equal to the 50-day MA of 68.13, and equal to the 200-day MA of 63.23, indicating a neutral trend. The MACD of 0.19 indicates Positive momentum. The RSI at 45.67 is Neutral, neither overbought nor oversold. The STOCH value of 19.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for OMFL.
OMFL Peer Comparison
Comparison Results
Performance Comparison
OMFL
Invesco Russell 1000 Dynamic Multifactor ETF
68.00
9.99
17.22%
PRF
Invesco FTSE RAFI US 1000 ETF
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RWL
Invesco S&P 500 Revenue ETF
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VFLO
VictoryShares Free Cash Flow ETF
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VONE
Vanguard Russell 1000 ETF
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JQUA
JPMorgan U.S. Quality Factor ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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