OMFL vs. SPCT

Last updated Jul 17, 2026

OMFL (Invesco Russell 1000 Dynamic Multifactor ETF) and SPCT (Liberty One Spectrum ETF) are both Large Cap Blend Equities funds. OMFL is passively managed, while SPCT is actively managed. A 0.52 correlation means they provide meaningful diversification when combined. OMFL charges 0.29%/yr vs 0.85%/yr for SPCT.

Performance

OMFL vs. SPCT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) and Liberty One Spectrum ETF (SPCT). 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 higher than SPCT's 9.92% return.

OMFL

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

SPCT

• 1D: 0.99%
• 1M: 1.35%
• 6M: 7.01%
• YTD: 9.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OMFL vs. SPCT - Yearly Performance Comparison

	2026 (YTD)	2025
OMFL Invesco Russell 1000 Dynamic Multifactor ETF	13.94%	1.87%
SPCT Liberty One Spectrum ETF	9.92%	1.93%

Correlation

The correlation between OMFL and SPCT is 0.52, 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 Sep 30, 2025	0.52

Return for Risk

OMFL vs. SPCT — 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

SPCT

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. SPCT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) and Liberty One Spectrum ETF (SPCT). 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	SPCT	Difference
Sharpe ratio: Return per unit of total volatility	1.73	—	—
Sortino ratio: Return per unit of downside risk	2.40	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	2.85	—	—
Martin ratio: Return relative to average drawdown	12.53	—	—

Drawdowns

OMFL vs. SPCT - Drawdown Comparison

The maximum OMFL drawdown since its inception was -33.24%, which is greater than SPCT's maximum drawdown of -7.17%. Use the drawdown chart below to compare losses from any high point for OMFL and SPCT.

Drawdown Indicators

	OMFL	SPCT	Difference
Max Drawdown Largest peak-to-trough decline	-33.24%	-7.17%	-26.07%
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	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.75%	-1.49%	-3.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.72%	—	—

Volatility

Volatility by Period

	OMFL	SPCT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.11%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.90%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.46%	9.27%	+3.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.73%	9.27%	+7.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.03%	9.27%	+10.76%

OMFL vs. SPCT - Expense Ratio Comparison

OMFL has a 0.29% expense ratio, which is lower than SPCT's 0.85% expense ratio.

Dividends

OMFL vs. SPCT - Dividend Comparison

OMFL's dividend yield for the trailing twelve months is around 0.81%, more than SPCT's 0.73% 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%
SPCT Liberty One Spectrum ETF	0.73%	0.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OMFL and SPCT in my portfolio?

OMFL and SPCT have a correlation of 0.52, 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 SPCT?

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 SPCT?

OMFL is cheaper with a 0.29% expense ratio, compared with 0.85% for SPCT.

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

OMFL has the higher dividend yield at 0.81%, compared with 0.73% for SPCT.

What is the main difference between OMFL and SPCT?

They also come from different issuers: Invesco and Liberty One. Their fees differ too: 0.29% for OMFL and 0.85% for SPCT.