Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) belongs to the Large Cap Blend Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with OMFL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to OMFL
OMFL charges 0.29% annually. There are 89 ETFs in the Large Cap Blend Equities category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| JPMorgan BetaBuilders U.S. Equity ETF | 0.02% | 8.54B | Mar 2019 | OMFL vs BBUS | |
| Global X U.S. 500 ETF | 0.02% | 4.51M | Sep 2025 | OMFL vs GXLC | |
| Franklin U.S. Equity Index ETF | 0.03% | 1.98B | Jun 2016 | OMFL vs USPX | |
| SPDR Portfolio S&P 1500 Composite Stock Market ETF | 0.03% | 13.55B | Oct 2000 | OMFL vs SPTM | |
| Schwab 1000 Index ETF | 0.03% | 5.68B | Oct 2017 | OMFL vs SCHK |
Best Risk-Adjusted Alternatives to OMFL
OMFL has a PortfoliosLab risk / return rank of 55. There are 117 ETFs in the Large Cap Blend Equities category with higher risk-adjusted ranks, going as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco RAFI Strategic US ETF | 90 | 1.04B | Sep 2018 | OMFL vs IUS | |
| Return Stacked US Stocks & Futures Yield ETF | 90 | — | May 2024 | OMFL vs RSSY | |
| Mohr Company Nav ETF | 84 | — | Sep 2024 | OMFL vs CNAV | |
| Longview Advantage ETF | 84 | 562.31M | Feb 2025 | OMFL vs EBI | |
| Pacer Swan SOS Conservative (December) ETF | 84 | 46.99M | Dec 2020 | OMFL vs PSCX |
Top Performing OMFL Alternatives (YTD)
OMFL is at 10.40% YTD. There are 61 ETFs in the Large Cap Blend Equities category with higher YTD returns, going as high as 46.16%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Mohr Company Nav ETF | 46.16% | — | Sep 2024 | OMFL vs CNAV | |
| Aztlan North America Nearshoring Stock Selection E... | 43.75% | 33.11M | Nov 2023 | OMFL vs NRSH | |
| iShares MSCI USA Momentum Factor ETF | 32.00% | 28.16B | Apr 2013 | OMFL vs MTUM | |
| ARS Focused Opportunities Strategy ETF | 31.60% | 293.98M | Jun 2025 | OMFL vs AFOS | |
| Return Stacked US Stocks & Futures Yield ETF | 29.90% | — | May 2024 | OMFL vs RSSY |
Lowest Volatility Alternatives to OMFL
OMFL has 12.54% 1-year volatility. There are 90 ETFs in the Large Cap Blend Equities category with lower 1-year volatility, going as low as 2.38%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest Laddered Max Buffer ETF | 2.38% | — | Jun 2025 | OMFL vs BUFH | |
| FT Vest Laddered Enhance & Moderate Buffer ETF | 4.05% | — | Jun 2025 | OMFL vs BUFX | |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - June | 4.51% | 457.76M | Jun 2020 | OMFL vs DJUN | |
| Innovator U.S. Equity Ultra Buffer ETF - June | 4.60% | 171.95M | Jun 2019 | OMFL vs UJUN | |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - May | 5.09% | 369.81M | May 2020 | OMFL vs DMAY |
Lowest Drawdown Alternatives to OMFL
OMFL has a 1-year max drawdown of -7.58%. There are 45 ETFs in the Large Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -2.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Ultra Buffer ETF - June | -2.84% | 171.95M | Jun 2019 | OMFL vs UJUN | |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - June | -3.15% | 457.76M | Jun 2020 | OMFL vs DJUN | |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - May | -3.36% | 369.81M | May 2020 | OMFL vs DMAY | |
| Bridges Capital Tactical ETF | -4.03% | 42.09M | May 2023 | OMFL vs BDGS | |
| FT Cboe Vest U.S. Equity Buffer ETF - June | -4.13% | 1.89B | Jun 2020 | OMFL vs FJUN |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 12 categories. AUM among these funds goes as high as $493B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 59 | 16.45% | 493.17B | Mar 1999 | OMFL vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 68 | 29.91% | 21.99B | Oct 2015 | OMFL vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 60 | 16.48% | 101.29B | Oct 2020 | OMFL vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 49 | 9.94% | 92.57B | Apr 2003 | OMFL vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 94 | 90.62% | 3.22B | Jun 2021 | OMFL vs SOXQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 39 | 1.60% | 10.60B | May 2005 | OMFL vs XLG | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 61 | 16.54% | 21.05B | Dec 2005 | OMFL vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 30 | 8.20% | 3.27B | Oct 2012 | OMFL vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 66 | 22.90% | 8.18B | Mar 2005 | OMFL vs XMMO | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 38 | 9.76% | 8.26B | Oct 2005 | OMFL vs PPA |
Often Compared With OMFL
Investors most often compare OMFL with SPGP, OMFS, SCHD. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare OMFL with Any Fund or Stock
Compare OMFL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair OMFL with funds that move differently
Invesco Russell 1000 Dynamic Multifactor ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to OMFL.
Explore OMFL Diversifiers