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OMFL vs. COWZ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between OMFL and COWZ is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

OMFL vs. COWZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) and Pacer US Cash Cows 100 ETF (COWZ). The values are adjusted to include any dividend payments, if applicable.

110.00%120.00%130.00%140.00%150.00%160.00%JulyAugustSeptemberOctoberNovemberDecember
144.50%
142.13%
OMFL
COWZ

Key characteristics

Sharpe Ratio

OMFL:

0.70

COWZ:

0.86

Sortino Ratio

OMFL:

1.02

COWZ:

1.29

Omega Ratio

OMFL:

1.13

COWZ:

1.15

Calmar Ratio

OMFL:

0.75

COWZ:

1.35

Martin Ratio

OMFL:

2.20

COWZ:

3.46

Ulcer Index

OMFL:

4.53%

COWZ:

3.37%

Daily Std Dev

OMFL:

14.13%

COWZ:

13.65%

Max Drawdown

OMFL:

-33.24%

COWZ:

-38.63%

Current Drawdown

OMFL:

-2.81%

COWZ:

-7.43%

Returns By Period

In the year-to-date period, OMFL achieves a 8.16% return, which is significantly lower than COWZ's 10.79% return.


OMFL

YTD

8.16%

1M

1.33%

6M

4.64%

1Y

8.58%

5Y*

12.01%

10Y*

N/A

COWZ

YTD

10.79%

1M

-4.05%

6M

4.13%

1Y

10.69%

5Y*

15.08%

10Y*

N/A

Compare stocks, funds, or ETFs

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


OMFL vs. COWZ - Expense Ratio Comparison

OMFL has a 0.29% expense ratio, which is lower than COWZ's 0.49% expense ratio.


COWZ
Pacer US Cash Cows 100 ETF
Expense ratio chart for COWZ: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%
Expense ratio chart for OMFL: current value at 0.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.29%

Risk-Adjusted Performance

OMFL vs. COWZ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) and Pacer US Cash Cows 100 ETF (COWZ). 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.


Sharpe ratio
The chart of Sharpe ratio for OMFL, currently valued at 0.70, compared to the broader market0.002.004.000.700.86
The chart of Sortino ratio for OMFL, currently valued at 1.02, compared to the broader market-2.000.002.004.006.008.0010.001.021.29
The chart of Omega ratio for OMFL, currently valued at 1.13, compared to the broader market0.501.001.502.002.503.001.131.15
The chart of Calmar ratio for OMFL, currently valued at 0.75, compared to the broader market0.005.0010.0015.000.751.35
The chart of Martin ratio for OMFL, currently valued at 2.20, compared to the broader market0.0020.0040.0060.0080.00100.002.203.46
OMFL
COWZ

The current OMFL Sharpe Ratio is 0.70, which is comparable to the COWZ Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of OMFL and COWZ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.70
0.86
OMFL
COWZ

Dividends

OMFL vs. COWZ - Dividend Comparison

OMFL's dividend yield for the trailing twelve months is around 1.07%, less than COWZ's 1.92% yield.


TTM20232022202120202019201820172016
OMFL
Invesco Russell 1000 Dynamic Multifactor ETF
1.07%1.37%1.55%0.95%1.48%1.53%1.39%0.32%0.00%
COWZ
Pacer US Cash Cows 100 ETF
1.92%1.92%1.96%1.48%2.54%1.96%1.67%1.94%0.13%

Drawdowns

OMFL vs. COWZ - Drawdown Comparison

The maximum OMFL drawdown since its inception was -33.24%, smaller than the maximum COWZ drawdown of -38.63%. Use the drawdown chart below to compare losses from any high point for OMFL and COWZ. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.81%
-7.43%
OMFL
COWZ

Volatility

OMFL vs. COWZ - Volatility Comparison

The current volatility for Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is 4.12%, while Pacer US Cash Cows 100 ETF (COWZ) has a volatility of 4.55%. This indicates that OMFL experiences smaller price fluctuations and is considered to be less risky than COWZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
4.12%
4.55%
OMFL
COWZ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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