Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) belongs to the Small Cap Value Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with OMFS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to OMFS
OMFS charges 0.39% annually. There are 19 ETFs in the Small Cap Value Equities category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Small-Cap Value ETF | 0.05% | 65.50B | Jan 2004 | OMFS vs VBR | |
| iShares Morningstar Small Cap Value ETF | 0.06% | 681.63M | Jun 2004 | OMFS vs ISCV | |
| Vanguard Russell 2000 Value ETF | 0.06% | 1.30B | Sep 2010 | OMFS vs VTWV | |
| Vanguard S&P Small-Cap 600 Value ETF | 0.10% | 1.90B | Sep 2010 | OMFS vs VIOV | |
| SPDR S&P 600 Small Cap Value ETF | 0.15% | 4.83B | Sep 2000 | OMFS vs SLYV |
Best Risk-Adjusted Alternatives to OMFS
OMFS has a PortfoliosLab risk / return rank of 68. There are 16 ETFs in the Small Cap Value Equities category with higher risk-adjusted ranks, going as high as 82.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Harbor SMID Cap Value ETF | 82 | 6.11M | May 2025 | OMFS vs EPSV | |
| VictoryShares US Small Mid Cap Value Momentum ETF | 81 | 1.73B | Oct 2017 | OMFS vs USVM | |
| iShares Russell 2000 Value ETF | 80 | 14.27B | Jul 2000 | OMFS vs IWN | |
| Vanguard Russell 2000 Value ETF | 79 | 1.30B | Sep 2010 | OMFS vs VTWV | |
| EA Bridgeway Omni Small-Cap Value ETF | 79 | 1.71B | Dec 2010 | OMFS vs BSVO |
Top Performing OMFS Alternatives (YTD)
OMFS is at 19.80% YTD. There are 18 ETFs in the Small Cap Value Equities category with higher YTD returns, going as high as 27.82%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Harbor SMID Cap Value ETF | 27.82% | 6.11M | May 2025 | OMFS vs EPSV | |
| Towle Value ETF | 25.62% | 181.60M | Jul 2025 | OMFS vs TCV | |
| Invesco S&P SmallCap 600® Pure Value ETF | 25.00% | 281.21M | Mar 2006 | OMFS vs RZV | |
| EA Bridgeway Omni Small-Cap Value ETF | 24.42% | 1.71B | Dec 2010 | OMFS vs BSVO | |
| First Trust Small Cap Value AlphaDEX Fund | 24.08% | 185.07M | Apr 2011 | OMFS vs FYT |
Lowest Volatility Alternatives to OMFS
OMFS has 17.83% 1-year volatility. There are 24 ETFs in the Small Cap Value Equities category with lower 1-year volatility, going as low as 11.95%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Bahl & Gaynor Small/Mid Cap Income Growth ETF | 11.95% | 1.13B | Aug 2021 | OMFS vs SMIG | |
| Brandes U.S. Small-Mid Cap Value ETF | 14.50% | 161.61M | Oct 2023 | OMFS vs BSMC | |
| EA Series Trust - Euclidean Fundamental Value ETF | 14.50% | 136.73M | May 2023 | OMFS vs ECML | |
| iShares International Developed Small Cap Value Fa... | 14.79% | 316.20M | Mar 2021 | OMFS vs ISVL | |
| VictoryShares US Small Mid Cap Value Momentum ETF | 14.85% | 1.73B | Oct 2017 | OMFS vs USVM |
Lowest Drawdown Alternatives to OMFS
OMFS has a 1-year max drawdown of -9.38%. There are 22 ETFs in the Small Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -6.15%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pacer US Small Cap Cash Cows ETF | -6.15% | 3.55B | Jun 2017 | OMFS vs CALF | |
| EA Series Trust - Euclidean Fundamental Value ETF | -7.01% | 136.73M | May 2023 | OMFS vs ECML | |
| Themes US Small Cap Cash Flow Champions ETF | -7.13% | 3.13M | Dec 2023 | OMFS vs SMCF | |
| Avantis US Small Cap Value ETF | -7.95% | 28.73B | Sep 2019 | OMFS vs AVUV | |
| EA Bridgeway Omni Small-Cap Value ETF | -8.31% | 1.71B | Dec 2010 | OMFS vs BSVO |
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 $481B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 64 | 18.38% | 481.14B | Mar 1999 | OMFS vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 68 | 29.42% | 22.01B | Oct 2015 | OMFS vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 64 | 18.41% | 100.59B | Oct 2020 | OMFS vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 55 | 12.78% | 96.24B | Apr 2003 | OMFS vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 93 | 83.34% | 2.58B | Jun 2021 | OMFS vs SOXQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 43 | 4.93% | 10.85B | May 2005 | OMFS vs XLG | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 68 | 18.13% | 20.11B | Dec 2005 | OMFS vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 32 | 10.70% | 3.29B | Oct 2012 | OMFS vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 55 | 17.03% | 7.45B | Mar 2005 | OMFS vs XMMO | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 39 | 11.40% | 8.22B | Oct 2005 | OMFS vs PPA |
Often Compared With OMFS
Investors most often compare OMFS with OMFL, DFAS, XSHQ. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare OMFS with Any Fund or Stock
Compare OMFS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair OMFS with funds that move differently
Invesco Russell 2000 Dynamic Multifactor ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to OMFS.
Explore OMFS Diversifiers