OMFL vs. BUFX

Last updated Jun 24, 2026

OMFL (Invesco Russell 1000 Dynamic Multifactor ETF) and BUFX (FT Vest Laddered Enhance & Moderate Buffer ETF) are both exchange-traded funds - OMFL is a Large Cap Blend Equities fund tracking the Russell 1000 Invesco Dynamic Multifactor Index, while BUFX is a Defined Outcome fund managed by First Trust. Their correlation of 0.85 suggests significant overlap in exposure. OMFL charges 0.29%/yr vs 0.96%/yr for BUFX.

Performance

OMFL vs. BUFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) and FT Vest Laddered Enhance & Moderate Buffer ETF (BUFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OMFL achieves a 10.40% return, which is significantly higher than BUFX's 3.84% return.

OMFL

• 1D: -1.45%
• 1M: -1.15%
• YTD: 10.40%
• 6M: 9.24%
• 1Y: 20.52%
• 3Y*: 13.20%
• 5Y*: 8.89%
• 10Y*: —

BUFX

• 1D: -0.27%
• 1M: 0.09%
• YTD: 3.84%
• 6M: 3.89%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OMFL vs. BUFX - Yearly Performance Comparison

	2026 (YTD)	2025
OMFL Invesco Russell 1000 Dynamic Multifactor ETF	10.40%	8.13%
BUFX FT Vest Laddered Enhance & Moderate Buffer ETF	3.84%	5.43%

Correlation

The correlation between OMFL and BUFX is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 25, 2025	0.86

Return for Risk

OMFL vs. BUFX — Risk / Return Rank

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

OMFL

OMFL Risk / Return Rank: 55
OMFL Sharpe Ratio Rank: 50
OMFL Sortino Ratio Rank: 49
OMFL Omega Ratio Rank: 49
OMFL Calmar Ratio Rank: 58
OMFL Martin Ratio Rank: 69

BUFX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. BUFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) and FT Vest Laddered Enhance & Moderate Buffer ETF (BUFX). 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	BUFX	Difference
Sharpe ratio: Return per unit of total volatility	1.65	—	—
Sortino ratio: Return per unit of downside risk	2.30	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.72	—	—
Martin ratio: Return relative to average drawdown	12.06	—	—

Drawdowns

OMFL vs. BUFX - Drawdown Comparison

The maximum OMFL drawdown since its inception was -33.24%, which is greater than BUFX's maximum drawdown of -2.87%. Use the drawdown chart below to compare losses from any high point for OMFL and BUFX.

Drawdown Indicators

	OMFL	BUFX	Difference
Max Drawdown Largest peak-to-trough decline	-33.24%	-2.87%	-30.37%
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	-2.57%	-0.59%	-1.98%
Average Drawdown Average peak-to-trough decline	-4.78%	-0.24%	-4.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.71%	—	—

Volatility

Volatility by Period

	OMFL	BUFX	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%	4.05%	+8.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.81%	4.05%	+12.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.09%	4.05%	+16.04%

OMFL vs. BUFX - Expense Ratio Comparison

OMFL has a 0.29% expense ratio, which is lower than BUFX's 0.96% expense ratio.

Dividends

OMFL vs. BUFX - Dividend Comparison

OMFL's dividend yield for the trailing twelve months is around 0.83%, while BUFX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BUFX FT Vest Laddered Enhance & Moderate Buffer ETF	0.00%	0.00%	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

Can I hold both OMFL and BUFX in my portfolio?

OMFL and BUFX have a correlation of 0.85, 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 BUFX?

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 BUFX?

OMFL is cheaper with a 0.29% expense ratio, compared with 0.96% for BUFX.

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

OMFL has the higher dividend yield at 0.83%, compared with 0.00% for BUFX.

What is the main difference between OMFL and BUFX?

OMFL is categorized as Large Cap Blend Equities, while BUFX is Defined Outcome. They also come from different issuers: Invesco and First Trust. Their fees differ too: 0.29% for OMFL and 0.96% for BUFX.