QARP vs. OMFL
Compare and contrast key facts about Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) and Invesco Russell 1000 Dynamic Multifactor ETF (OMFL).
QARP and OMFL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QARP is a passively managed fund by Deutsche Bank that tracks the performance of the Russell 1000 2Qual/Val 5% Capped Factor Index. It was launched on Apr 5, 2018. OMFL is a passively managed fund by Invesco that tracks the performance of the Russell 1000 OFI Dynamic Multifactor Index. It was launched on Nov 8, 2017. Both QARP and OMFL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QARP or OMFL.
Correlation
The correlation between QARP and OMFL is 0.83, 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.
Performance
QARP vs. OMFL - Performance Comparison
Key characteristics
QARP:
1.86
OMFL:
0.97
QARP:
2.52
OMFL:
1.37
QARP:
1.34
OMFL:
1.17
QARP:
3.09
OMFL:
0.99
QARP:
10.18
OMFL:
2.94
QARP:
1.92%
OMFL:
4.49%
QARP:
10.56%
OMFL:
13.60%
QARP:
-35.44%
OMFL:
-33.24%
QARP:
0.00%
OMFL:
-0.14%
Returns By Period
In the year-to-date period, QARP achieves a 4.88% return, which is significantly lower than OMFL's 5.79% return.
QARP
4.88%
2.95%
8.99%
20.83%
14.42%
N/A
OMFL
5.79%
3.91%
10.77%
14.20%
13.29%
N/A
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QARP vs. OMFL - Expense Ratio Comparison
QARP has a 0.19% expense ratio, which is lower than OMFL's 0.29% expense ratio.
Risk-Adjusted Performance
QARP vs. OMFL — Risk-Adjusted Performance Rank
QARP
OMFL
QARP vs. OMFL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) and Invesco Russell 1000 Dynamic Multifactor ETF (OMFL). 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.
Dividends
QARP vs. OMFL - Dividend Comparison
QARP's dividend yield for the trailing twelve months is around 1.33%, more than OMFL's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF | 1.33% | 1.39% | 1.28% | 1.68% | 1.34% | 1.61% | 1.85% | 1.39% | 0.00% |
OMFL Invesco Russell 1000 Dynamic Multifactor ETF | 1.16% | 1.22% | 1.37% | 1.55% | 0.95% | 1.48% | 1.53% | 1.39% | 0.32% |
Drawdowns
QARP vs. OMFL - Drawdown Comparison
The maximum QARP drawdown since its inception was -35.44%, which is greater than OMFL's maximum drawdown of -33.24%. Use the drawdown chart below to compare losses from any high point for QARP and OMFL. For additional features, visit the drawdowns tool.
Volatility
QARP vs. OMFL - Volatility Comparison
Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) and Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) have volatilities of 2.33% and 2.41%, 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.