Key stats
About INVESCO EXCHANGE TRADED SELF IDX FT RUSSELL 1000 DYNMIC MLTIFCTR ETF
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Inception date
Nov 8, 2017
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
OMFL scores the component securities of the Russell 1000 Index by value, size, momentum, quality, and low volatility. To combine these factors, Oppenheimer uses a rules-based methodology that relies on leading economic indicators and global risk appetite to determine the state of the current market cycle: expansion, slowdown, contraction, or recovery. The fund shifts exposure to favor the factors that tend to fare better in the given market environment. Holdings are weighted by the combined factor score, scaled by market cap. OMFL capitalizes on the cyclicality of factor performance through its use of this dynamic overlay. The fund is reasonably priced for this added feature.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Retail Trade
Electronic Technology
Finance
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
OMFL trades at 1,083.680 MXN today, its price has risen 0.35% in the past 24 hours. Track more dynamics on OMFL price chart.
OMFL net asset value is 1,076.39 today — it's risen 1.76% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
OMFL assets under management is 91.68 B MXN. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
OMFL price has risen by 0.35% over the last month, and its yearly performance shows a 27.70% increase. See more dynamics on OMFL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.76% over the last month, showed a −1.18% decrease in three-month performance and has increased by 17.63% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.76% over the last month, showed a −1.18% decrease in three-month performance and has increased by 17.63% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
OMFL invests in stocks. See more details in our Analysis section.
OMFL expense ratio is 0.29%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, OMFL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, OMFL pays dividends to its holders with the dividend yield of 0.71%.
OMFL trades at a premium (0.59%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
OMFL shares are issued by Invesco Ltd.
OMFL follows the Russell 1000 Invesco Dynamic Multifactor Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 8, 2017.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.