OMFL vs. AFOS

Last updated Jun 4, 2026

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

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) and ARS Focused Opportunities Strategy ETF (AFOS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OMFL achieves a 12.39% return, which is significantly lower than AFOS's 32.04% return.

OMFL

• 1D: -0.10%
• 1M: 4.53%
• YTD: 12.39%
• 6M: 12.90%
• 1Y: 21.98%
• 3Y*: 14.35%
• 5Y*: 9.27%
• 10Y*: —

AFOS

• 1D: -0.29%
• 1M: 8.94%
• YTD: 32.04%
• 6M: 37.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

OMFL vs. AFOS - Yearly Performance Comparison

	2026 (YTD)	2025
OMFL Invesco Russell 1000 Dynamic Multifactor ETF	12.39%	7.79%
AFOS ARS Focused Opportunities Strategy ETF	32.04%	36.15%

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 27, 2025	0.78

Return for Risk

OMFL vs. AFOS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OMFL

OMFL Risk / Return Rank: 57
OMFL Sharpe Ratio Rank: 53
OMFL Sortino Ratio Rank: 52
OMFL Omega Ratio Rank: 52
OMFL Calmar Ratio Rank: 58
OMFL Martin Ratio Rank: 70

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.

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.

	OMFL	AFOS	Difference
Sharpe ratio: Return per unit of total volatility	1.84	—	—
Sortino ratio: Return per unit of downside risk	2.57	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.91	—	—
Martin ratio: Return relative to average drawdown	13.12	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	OMFL	AFOS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.84	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	4.35	-3.64

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.

Drawdown Indicators

	OMFL	AFOS	Difference
Max Drawdown Largest 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 Drawdown Current decline from peak	-0.19%	-0.29%	+0.10%
Average Drawdown Average peak-to-trough decline	-4.80%	-1.37%	-3.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.68%	—	—

Volatility

Volatility by Period

	OMFL	AFOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.45%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.03%	20.19%	-8.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.75%	20.19%	-3.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.11%	20.19%	-0.08%

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 0.75%, more than AFOS's 0.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
AFOS ARS Focused Opportunities Strategy ETF	0.22%	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	0.75%	0.80%	1.22%	1.37%	1.55%	0.95%	1.48%	1.53%	1.39%	0.32%

Frequently Asked Questions

Can I hold both OMFL and AFOS in my portfolio?

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.

Which ETF is better, OMFL or AFOS?

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.

Which ETF is cheaper, OMFL or AFOS?

OMFL is cheaper with a 0.29% expense ratio, compared with 0.45% for AFOS.

Which ETF pays a higher dividend yield, OMFL or AFOS?

OMFL has the higher dividend yield at 0.75%, compared with 0.22% for AFOS.

What is the main difference between OMFL and 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.