OMFL vs. IUS

Last updated Jul 17, 2026

OMFL (Invesco Russell 1000 Dynamic Multifactor ETF) and IUS (Invesco RAFI Strategic US ETF) are both Large Cap Blend Equities funds from Invesco - OMFL tracks the Russell 1000 Invesco Dynamic Multifactor Index while IUS tracks the Invesco Strategic US Index. Both are passively managed. Over the past 5 years, OMFL returned 10.28%/yr vs 14.50%/yr for IUS. Their correlation of 0.84 suggests significant overlap in exposure. OMFL charges 0.29%/yr vs 0.19%/yr for IUS.

Performance

OMFL vs. IUS - Performance Comparison

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

Returns By Period

In the year-to-date period, OMFL achieves a 13.94% return, which is significantly lower than IUS's 18.56% return.

OMFL

• 1D: 0.25%
• 1M: 0.94%
• 6M: 10.57%
• YTD: 13.94%
• 1Y: 21.51%
• 3Y*: 13.38%
• 5Y*: 10.28%
• 10Y*: —

IUS

• 1D: 0.59%
• 1M: 2.39%
• 6M: 14.56%
• YTD: 18.56%
• 1Y: 32.11%
• 3Y*: 19.96%
• 5Y*: 14.50%
• 10Y*: —

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

OMFL vs. IUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
OMFL Invesco Russell 1000 Dynamic Multifactor ETF	13.94%	13.68%	6.82%	21.53%	-13.97%	28.95%	20.91%	35.58%	-11.80%
IUS Invesco RAFI Strategic US ETF	18.56%	16.94%	16.51%	20.79%	-8.34%	32.17%	15.09%	29.34%	-12.28%

Correlation

The correlation between OMFL and IUS 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 (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (All Time) Calculated using the full available price history since Sep 12, 2018	0.84

The correlation between OMFL and IUS has been stable across timeframes, ranging from 0.84 to 0.89 - a consistent structural relationship.

OMFL vs. IUS - Sectors Allocation Comparison

Sectors	OMFL	IUS
Technology	34.5%	21.6%
Communication Services	11.2%	11.7%
Financial Services	11.0%	9.3%
Healthcare	9.9%	15.2%
Industrials	9.2%	9.1%
Consumer Cyclical	9.2%	11.5%
Consumer Defensive	8.3%	7.6%
Energy	3.3%	7.5%
Basic Materials	2.4%	3.0%
Real Estate	0.8%	0.6%
Utilities	0.3%	1.4%

Return for Risk

OMFL vs. IUS — Risk / Return Rank

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

OMFL

OMFL Risk / Return Rank: 70
OMFL Sharpe Ratio Rank: 67
OMFL Sortino Ratio Rank: 65
OMFL Omega Ratio Rank: 65
OMFL Calmar Ratio Rank: 70
OMFL Martin Ratio Rank: 82

IUS

IUS Risk / Return Rank: 95
IUS Sharpe Ratio Rank: 95
IUS Sortino Ratio Rank: 95
IUS Omega Ratio Rank: 94
IUS Calmar Ratio Rank: 94
IUS Martin Ratio Rank: 95

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. IUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) and Invesco RAFI Strategic US ETF (IUS). 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	IUS	Difference
Sharpe ratio: Return per unit of total volatility	1.73	3.06	-1.32
Sortino ratio: Return per unit of downside risk	2.40	4.16	-1.76
Omega ratio: Gain probability vs. loss probability	1.31	1.56	-0.25
Calmar ratio: Return relative to maximum drawdown	2.85	5.25	-2.40
Martin ratio: Return relative to average drawdown	12.53	21.84	-9.31

OMFL vs. IUS - Sharpe Ratio Comparison

The current OMFL Sharpe Ratio is 1.73, which is lower than the IUS Sharpe Ratio of 3.06. The chart below compares the historical Sharpe Ratios of OMFL and IUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OMFL vs. IUS - Drawdown Comparison

The maximum OMFL drawdown since its inception was -33.24%, roughly equal to the maximum IUS drawdown of -34.67%. Use the drawdown chart below to compare losses from any high point for OMFL and IUS.

Drawdown Indicators

	OMFL	IUS	Difference
Max Drawdown Largest peak-to-trough decline	-33.24%	-34.67%	+1.43%
Max Drawdown (1Y) Largest decline over 1 year	-7.58%	-6.15%	-1.43%
Max Drawdown (3Y) Largest decline over 3 years	-15.52%	-15.61%	+0.09%
Max Drawdown (5Y) Largest decline over 5 years	-22.44%	-18.72%	-3.72%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.75%	-3.82%	-0.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.72%	1.47%	+0.25%

Volatility

OMFL vs. IUS - Volatility Comparison

Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) has a higher volatility of 3.11% compared to Invesco RAFI Strategic US ETF (IUS) at 2.49%. This indicates that OMFL's price experiences larger fluctuations and is considered to be riskier than IUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OMFL	IUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.11%	2.49%	+0.62%
Volatility (6M) Calculated over the trailing 6-month period	9.90%	7.95%	+1.95%
Volatility (1Y) Calculated over the trailing 1-year period	12.46%	10.56%	+1.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.73%	15.01%	+1.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.03%	17.96%	+2.07%

OMFL vs. IUS - Expense Ratio Comparison

OMFL has a 0.29% expense ratio, which is higher than IUS's 0.19% expense ratio.

Dividends

OMFL vs. IUS - Dividend Comparison

OMFL's dividend yield for the trailing twelve months is around 0.81%, less than IUS's 1.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
IUS Invesco RAFI Strategic US ETF	1.25%	1.48%	1.52%	1.72%	1.78%	1.46%	1.74%	1.77%	0.73%	0.00%
OMFL Invesco Russell 1000 Dynamic Multifactor ETF	0.81%	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 IUS in my portfolio?

OMFL and IUS 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 is riskier, OMFL or IUS?

OMFL has higher volatility (3.11%) compared to IUS (2.49%). In terms of maximum drawdown, OMFL dropped -33.24% vs IUS's -34.67%.

Which ETF is better, OMFL or IUS?

On 5-year performance, IUS leads with 14.50% vs 10.28% for OMFL. On fees, IUS is cheaper at 0.19% per year. On volatility, IUS has been the lower-risk option at 2.49%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OMFL or IUS?

Over the 5-year period, IUS has performed better with a 14.50% return vs 10.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OMFL or IUS?

IUS is cheaper with a 0.19% expense ratio, compared with 0.29% for OMFL.

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

IUS has the higher dividend yield at 1.25%, compared with 0.81% for OMFL.

What is the main difference between OMFL and IUS?

OMFL tracks Russell 1000 Invesco Dynamic Multifactor Index, while IUS tracks Invesco Strategic US Index. Their fees differ too: 0.29% for OMFL and 0.19% for IUS.

Which has better risk-adjusted returns?

IUS currently has the higher Sharpe Ratio (3.06 vs 1.73), 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.