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IJH vs. OMFL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IJH vs. OMFL

Last updated Jun 12, 2026

IJH (iShares Core S&P Mid-Cap ETF) and OMFL (Invesco Russell 1000 Dynamic Multifactor ETF) are both exchange-traded funds - IJH is a Mid Cap Blend Equities fund tracking the S&P MidCap 400 Index, while OMFL is a Large Cap Blend Equities fund tracking the Russell 1000 Invesco Dynamic Multifactor Index. Both are passively managed. Over the past 5 years, IJH returned 8.10%/yr vs 8.96%/yr for OMFL. Their correlation of 0.85 suggests significant overlap in exposure. IJH charges 0.05%/yr vs 0.29%/yr for OMFL.

Performance

IJH vs. OMFL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core S&P Mid-Cap ETF (IJH) and Invesco Russell 1000 Dynamic Multifactor ETF (OMFL). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IJH achieves a 14.66% return, which is significantly higher than OMFL's 11.16% return.

IJH

1D
2.51%
1M
2.96%
YTD
14.66%
6M
11.74%
1Y
25.20%
3Y*
15.52%
5Y*
8.10%
10Y*
11.45%

OMFL

1D
1.70%
1M
0.98%
YTD
11.16%
6M
9.67%
1Y
20.69%
3Y*
13.67%
5Y*
8.96%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IJH vs. OMFL - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IJH
iShares Core S&P Mid-Cap ETF		14.66%7.42%13.92%16.40%-13.11%24.72%13.60%26.10%-11.19%4.42%
OMFL
Invesco Russell 1000 Dynamic Multifactor ETF		11.16%13.68%6.82%21.53%-13.97%28.95%20.91%35.58%-2.55%5.12%

Correlation

The correlation between IJH and OMFL is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.77

Correlation (3Y)
Calculated over the trailing 3-year period

0.83

Correlation (5Y)
Calculated over the trailing 5-year period

0.87

Correlation (All Time)
Calculated using the full available price history since Nov 10, 2017

0.85

The correlation between IJH and OMFL shifts across timeframes, from 0.77 (1 year) to 0.87 (5 years), reflecting how their relationship changes across market environments.

IJH vs. OMFL - Sectors Allocation Comparison

Sectors
IJH
OMFL

Industrials

25.0%
9.8%

Technology

15.7%
31.0%

Financial Services

14.4%
11.5%

Consumer Cyclical

10.7%
9.5%

Healthcare

8.6%
10.4%

Real Estate

7.5%
0.8%

Energy

5.5%
3.7%

Basic Materials

4.8%
2.5%

Consumer Defensive

3.8%
8.8%

Utilities

3.1%
0.4%

Communication Services

1.0%
11.7%

Industrials

IJH
25.0%
OMFL
9.8%

Technology

IJH
15.7%
OMFL
31.0%

Financial Services

IJH
14.4%
OMFL
11.5%

Consumer Cyclical

IJH
10.7%
OMFL
9.5%

Healthcare

IJH
8.6%
OMFL
10.4%

Real Estate

IJH
7.5%
OMFL
0.8%

Energy

IJH
5.5%
OMFL
3.7%

Basic Materials

IJH
4.8%
OMFL
2.5%

Consumer Defensive

IJH
3.8%
OMFL
8.8%

Utilities

IJH
3.1%
OMFL
0.4%

Communication Services

IJH
1.0%
OMFL
11.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Core S&P Mid-Cap ETF

Invesco Russell 1000 Dynamic Multifactor ETF

Often compared with IJH:
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Often compared with OMFL:
OMFL vs. SPGPOMFL vs. SCHDOMFL vs. OMFSOMFL vs. QQQSOMFL vs. CALMOMFL vs. WTVOMFL vs. RWL

Return for Risk

IJH vs. OMFL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IJH
IJH Risk / Return Rank: 6262
Overall Rank
IJH Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
IJH Sortino Ratio Rank: 6060
Sortino Ratio Rank
IJH Omega Ratio Rank: 5555
Omega Ratio Rank
IJH Calmar Ratio Rank: 6969
Calmar Ratio Rank
IJH Martin Ratio Rank: 6969
Martin Ratio Rank
OMFL
OMFL Risk / Return Rank: 6464
Overall Rank
OMFL Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
OMFL Sortino Ratio Rank: 6060
Sortino Ratio Rank
OMFL Omega Ratio Rank: 5959
Omega Ratio Rank
OMFL Calmar Ratio Rank: 6565
Calmar Ratio Rank
OMFL Martin Ratio Rank: 7777
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IJH vs. OMFL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P Mid-Cap ETF (IJH) and Invesco Russell 1000 Dynamic Multifactor ETF (OMFL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

IJHOMFLDifference
Sharpe ratioReturn per unit of total volatility
1.59
1.68

-0.09

Sortino ratioReturn per unit of downside risk
2.33
2.34

-0.01

Omega ratioGain probability vs. loss probability

1.28

1.30

-0.02

Calmar ratioReturn relative to maximum drawdown

2.87

2.74

+0.13

Martin ratioReturn relative to average drawdown

10.47

12.17

-1.70

IJH vs. OMFL - Sharpe Ratio Comparison

The current IJH Sharpe Ratio is 1.59, which is comparable to the OMFL Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of IJH and OMFL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IJH vs. OMFL - Drawdown Comparison

The maximum IJH drawdown since its inception was -55.07%, which is greater than OMFL's maximum drawdown of -33.24%. Use the drawdown chart below to compare losses from any high point for IJH and OMFL.

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Drawdown Indicators

IJHOMFLDifference

Max Drawdown

Largest peak-to-trough decline

-55.07%

-33.24%

-21.83%

Max Drawdown (1Y)

Largest decline over 1 year

-8.83%

-7.58%

-1.25%

Max Drawdown (3Y)

Largest decline over 3 years

-24.10%

-15.52%

-8.58%

Max Drawdown (5Y)

Largest decline over 5 years

-24.10%

-22.44%

-1.66%

Max Drawdown (10Y)

Largest decline over 10 years

-42.18%

—

—

Current Drawdown

Current decline from peak

0.00%

-1.65%

+1.65%

Average Drawdown

Average peak-to-trough decline

-7.56%

-4.79%

-2.77%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.41%

1.70%

+0.71%

Volatility

IJH vs. OMFL - Volatility Comparison

iShares Core S&P Mid-Cap ETF (IJH) has a higher volatility of 5.07% compared to Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) at 3.69%. This indicates that IJH's price experiences larger fluctuations and is considered to be riskier than OMFL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IJHOMFLDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.07%

3.69%

+1.38%

Volatility (6M)

Calculated over the trailing 6-month period

11.85%

9.93%

+1.92%

Volatility (1Y)

Calculated over the trailing 1-year period

15.89%

12.38%

+3.51%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.80%

16.80%

+3.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.20%

20.10%

+1.10%

IJH vs. OMFL - Expense Ratio Comparison

IJH has a 0.05% expense ratio, which is lower than OMFL's 0.29% expense ratio.

Dividends

IJH vs. OMFL - Dividend Comparison

IJH's dividend yield for the trailing twelve months is around 1.18%, more than OMFL's 0.76% yield.

PositionTTM20252024202320222021202020192018201720162015
IJH
iShares Core S&P Mid-Cap ETF		1.18%1.36%1.33%1.46%1.68%1.18%1.28%1.63%1.72%1.19%1.60%1.56%
OMFL
Invesco Russell 1000 Dynamic Multifactor ETF		0.76%0.80%1.22%1.37%1.55%0.95%1.48%1.53%1.39%0.32%0.00%0.00%

Frequently Asked Questions

IJH and OMFL have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IJH has higher volatility (5.07%) compared to OMFL (3.69%). In terms of maximum drawdown, IJH dropped -55.07% vs OMFL's -33.24%.

On 5-year performance, OMFL leads with 8.96% vs 8.10% for IJH. On fees, IJH is cheaper at 0.05% per year. On volatility, OMFL has been the lower-risk option at 3.69%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, OMFL has performed better with a 8.96% return vs 8.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IJH is cheaper with a 0.05% expense ratio, compared with 0.29% for OMFL.

IJH has the higher dividend yield at 1.18%, compared with 0.76% for OMFL.

IJH is categorized as Mid Cap Blend Equities, while OMFL is Large Cap Blend Equities. IJH tracks S&P MidCap 400 Index, while OMFL tracks Russell 1000 Invesco Dynamic Multifactor Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.05% for IJH and 0.29% for OMFL.

OMFL currently has the higher Sharpe Ratio (1.68 vs 1.59), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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