OMFL vs. SELV

Last updated Jul 14, 2026

OMFL (Invesco Russell 1000 Dynamic Multifactor ETF) and SELV (SEI Enhanced Low Volatility US Large Cap ETF) are both Large Cap Blend Equities funds. OMFL is passively managed, while SELV is actively managed. Over the past 3 years, OMFL returned 13.28%/yr vs 11.44%/yr for SELV. A 0.71 correlation means they provide meaningful diversification when combined. OMFL charges 0.29%/yr vs 0.15%/yr for SELV.

Performance

OMFL vs. SELV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) and SEI Enhanced Low Volatility US Large Cap ETF (SELV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OMFL achieves a 13.25% return, which is significantly higher than SELV's 4.65% return.

OMFL

• 1D: -0.38%
• 1M: 1.44%
• 6M: 9.75%
• YTD: 13.25%
• 1Y: 20.94%
• 3Y*: 13.28%
• 5Y*: 9.71%
• 10Y*: —

SELV

• 1D: 0.81%
• 1M: 1.85%
• 6M: 3.60%
• YTD: 4.65%
• 1Y: 10.70%
• 3Y*: 11.44%
• 5Y*: —
• 10Y*: —

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

OMFL vs. SELV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
OMFL Invesco Russell 1000 Dynamic Multifactor ETF	13.25%	13.68%	6.82%	21.53%	-3.91%
SELV SEI Enhanced Low Volatility US Large Cap ETF	4.65%	12.86%	14.71%	6.58%	-0.61%

Correlation

The correlation between OMFL and SELV is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (All Time) Calculated using the full available price history since May 18, 2022	0.71

Over the past year, the correlation between OMFL and SELV has dropped to 0.34 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.

OMFL vs. SELV - Sectors Allocation Comparison

Sectors	OMFL	SELV
Technology	34.5%	21.4%
Communication Services	11.2%	15.8%
Financial Services	11.0%	4.8%
Healthcare	9.9%	17.0%
Industrials	9.2%	7.5%
Consumer Cyclical	9.2%	4.9%
Consumer Defensive	8.3%	12.3%
Energy	3.3%	4.3%
Basic Materials	2.4%	2.8%
Real Estate	0.8%	0.1%
Utilities	0.3%	7.6%

Return for Risk

OMFL vs. SELV — Risk / Return Rank

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

OMFL

OMFL Risk / Return Rank: 68
OMFL Sharpe Ratio Rank: 65
OMFL Sortino Ratio Rank: 63
OMFL Omega Ratio Rank: 64
OMFL Calmar Ratio Rank: 69
OMFL Martin Ratio Rank: 80

SELV

SELV Risk / Return Rank: 41
SELV Sharpe Ratio Rank: 41
SELV Sortino Ratio Rank: 41
SELV Omega Ratio Rank: 38
SELV Calmar Ratio Rank: 45
SELV Martin Ratio Rank: 39

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. SELV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) and SEI Enhanced Low Volatility US Large Cap ETF (SELV). 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	SELV	Difference
Sharpe ratio: Return per unit of total volatility	1.69	1.16	+0.52
Sortino ratio: Return per unit of downside risk	2.34	1.71	+0.63
Omega ratio: Gain probability vs. loss probability	1.30	1.20	+0.10
Calmar ratio: Return relative to maximum drawdown	2.78	1.81	+0.96
Martin ratio: Return relative to average drawdown	12.19	4.84	+7.35

OMFL vs. SELV - Sharpe Ratio Comparison

The current OMFL Sharpe Ratio is 1.69, which is higher than the SELV Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of OMFL and SELV, 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. SELV - Drawdown Comparison

The maximum OMFL drawdown since its inception was -33.24%, which is greater than SELV's maximum drawdown of -13.73%. Use the drawdown chart below to compare losses from any high point for OMFL and SELV.

Drawdown Indicators

	OMFL	SELV	Difference
Max Drawdown Largest peak-to-trough decline	-33.24%	-13.73%	-19.51%
Max Drawdown (1Y) Largest decline over 1 year	-7.58%	-5.92%	-1.66%
Max Drawdown (3Y) Largest decline over 3 years	-15.52%	-8.94%	-6.58%
Max Drawdown (5Y) Largest decline over 5 years	-22.44%	—	—
Current Drawdown Current decline from peak	-0.38%	-0.34%	-0.04%
Average Drawdown Average peak-to-trough decline	-4.76%	-2.37%	-2.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.72%	2.21%	-0.49%

Volatility

OMFL vs. SELV - Volatility Comparison

Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) and SEI Enhanced Low Volatility US Large Cap ETF (SELV) have volatilities of 3.79% and 3.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OMFL	SELV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.79%	3.86%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	9.92%	7.24%	+2.68%
Volatility (1Y) Calculated over the trailing 1-year period	12.50%	9.26%	+3.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.75%	11.90%	+4.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.04%	11.90%	+8.14%

OMFL vs. SELV - Expense Ratio Comparison

OMFL has a 0.29% expense ratio, which is higher than SELV's 0.15% expense ratio.

Dividends

OMFL vs. SELV - Dividend Comparison

OMFL's dividend yield for the trailing twelve months is around 0.81%, less than SELV's 1.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
SELV SEI Enhanced Low Volatility US Large Cap ETF	1.71%	1.74%	1.77%	2.06%	1.26%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OMFL and SELV in my portfolio?

OMFL and SELV have a correlation of 0.34, 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 SELV?

SELV has higher volatility (3.86%) compared to OMFL (3.79%). In terms of maximum drawdown, OMFL dropped -33.24% vs SELV's -13.73%.

Which ETF is better, OMFL or SELV?

On 3-year performance, OMFL leads with 13.28% vs 11.44% for SELV. On fees, SELV is cheaper at 0.15% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OMFL or SELV?

Over the 3-year period, OMFL has performed better with a 13.28% return vs 11.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OMFL or SELV?

SELV is cheaper with a 0.15% expense ratio, compared with 0.29% for OMFL.

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

SELV has the higher dividend yield at 1.71%, compared with 0.81% for OMFL.

What is the main difference between OMFL and SELV?

They also come from different issuers: Invesco and SEI. Their fees differ too: 0.29% for OMFL and 0.15% for SELV.

Which has better risk-adjusted returns?

OMFL currently has the higher Sharpe Ratio (1.69 vs 1.16), 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.