RYJ vs. OMFL
Compare and contrast key facts about Invesco Raymond James SB-1 Equity ETF (RYJ) and Invesco Russell 1000 Dynamic Multifactor ETF (OMFL).
RYJ and OMFL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RYJ is a passively managed fund by Invesco that tracks the performance of the Raymond James SB-1 Index (TR). It was launched on May 19, 2006. 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 RYJ 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: RYJ or OMFL.
Correlation
The correlation between RYJ and OMFL 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.
Performance
RYJ vs. OMFL - Performance Comparison
Key characteristics
RYJ:
1.66
OMFL:
1.17
RYJ:
2.32
OMFL:
1.62
RYJ:
1.30
OMFL:
1.21
RYJ:
2.00
OMFL:
1.20
RYJ:
6.11
OMFL:
3.57
RYJ:
3.08%
OMFL:
4.49%
RYJ:
11.22%
OMFL:
13.69%
RYJ:
-60.74%
OMFL:
-33.24%
RYJ:
-3.98%
OMFL:
-0.35%
Returns By Period
In the year-to-date period, RYJ achieves a 4.90% return, which is significantly lower than OMFL's 5.57% return.
RYJ
4.90%
2.26%
6.03%
14.78%
9.67%
8.16%
OMFL
5.57%
3.69%
12.09%
13.60%
12.97%
N/A
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RYJ vs. OMFL - Expense Ratio Comparison
RYJ has a 0.75% expense ratio, which is higher than OMFL's 0.29% expense ratio.
Risk-Adjusted Performance
RYJ vs. OMFL — Risk-Adjusted Performance Rank
RYJ
OMFL
RYJ vs. OMFL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Raymond James SB-1 Equity ETF (RYJ) 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
RYJ vs. OMFL - Dividend Comparison
RYJ's dividend yield for the trailing twelve months is around 1.22%, more than OMFL's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYJ Invesco Raymond James SB-1 Equity ETF | 1.22% | 1.28% | 1.39% | 0.00% | 0.52% | 0.28% | 0.20% | 0.00% | 0.00% | 0.41% | 0.00% | 0.26% |
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% | 0.00% | 0.00% | 0.00% |
Drawdowns
RYJ vs. OMFL - Drawdown Comparison
The maximum RYJ drawdown since its inception was -60.74%, which is greater than OMFL's maximum drawdown of -33.24%. Use the drawdown chart below to compare losses from any high point for RYJ and OMFL. For additional features, visit the drawdowns tool.
Volatility
RYJ vs. OMFL - Volatility Comparison
Invesco Raymond James SB-1 Equity ETF (RYJ) and Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) have volatilities of 2.57% and 2.54%, 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.