OMFL vs. AFOS
OMFL (Invesco Russell 1000 Dynamic Multifactor ETF) and AFOS (ARS Focused Opportunities Strategy ETF) are both Large Cap Blend Equities funds. A 0.78 correlation means they provide meaningful diversification when combined. OMFL charges 0.29%/yr vs 0.45%/yr for AFOS.
Performance
OMFL vs. AFOS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, OMFL achieves a 10.40% return, which is significantly lower than AFOS's 31.60% return.
OMFL
- 1D
- -1.45%
- 1M
- -1.15%
- YTD
- 10.40%
- 6M
- 9.24%
- 1Y
- 20.52%
- 3Y*
- 13.20%
- 5Y*
- 8.89%
- 10Y*
- —
AFOS
- 1D
- -3.79%
- 1M
- 4.43%
- YTD
- 31.60%
- 6M
- 30.16%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
OMFL vs. AFOS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
OMFL Invesco Russell 1000 Dynamic Multifactor ETF | 10.40% | 8.49% |
AFOS ARS Focused Opportunities Strategy ETF | 31.60% | 37.10% |
Correlation
The correlation between OMFL and AFOS is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025 | 0.78 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
OMFL vs. AFOS — Risk / Return Rank
OMFL
AFOS
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
OMFL vs. AFOS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) and ARS Focused Opportunities Strategy ETF (AFOS). 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.
| OMFL | AFOS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.30 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.72 | — | — |
| Martin ratioReturn relative to average drawdown | 12.06 | — | — |
Loading charts...
Drawdowns
OMFL vs. AFOS - Drawdown Comparison
The maximum OMFL drawdown since its inception was -33.24%, which is greater than AFOS's maximum drawdown of -11.52%. Use the drawdown chart below to compare losses from any high point for OMFL and AFOS.
Loading charts...
Drawdown Indicators
| OMFL | AFOS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.24% | -11.52% | -21.72% |
Max Drawdown (1Y)Largest decline over 1 year | -7.58% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -15.52% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -22.44% | — | — |
Current DrawdownCurrent decline from peak | -2.57% | -3.79% | +1.22% |
Average DrawdownAverage peak-to-trough decline | -4.78% | -1.42% | -3.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.71% | — | — |
Volatility
OMFL vs. AFOS - Volatility Comparison
Loading charts...
Volatility by Period
| OMFL | AFOS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.33% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 10.03% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.54% | 21.52% | -8.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.81% | 21.52% | -4.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.09% | 21.52% | -1.43% |
OMFL vs. AFOS - Expense Ratio Comparison
OMFL has a 0.29% expense ratio, which is lower than AFOS's 0.45% expense ratio.
Dividends
OMFL vs. AFOS - Dividend Comparison
OMFL's dividend yield for the trailing twelve months is around 0.83%, more than AFOS's 0.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
AFOS ARS Focused Opportunities Strategy ETF | 0.23% | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OMFL Invesco Russell 1000 Dynamic Multifactor ETF | 0.83% | 0.80% | 1.22% | 1.37% | 1.55% | 0.95% | 1.48% | 1.53% | 1.39% | 0.32% |
Frequently Asked Questions
OMFL and AFOS have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, OMFL is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
OMFL is cheaper with a 0.29% expense ratio, compared with 0.45% for AFOS.
OMFL has the higher dividend yield at 0.83%, compared with 0.23% for AFOS.
They also come from different issuers: Invesco and ARS Investment Partners. Their fees differ too: 0.29% for OMFL and 0.45% for AFOS.
Find the right allocation for OMFL and AFOS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer