SYZ vs. OMFL

Last updated Jun 23, 2026

SYZ (Lazard US Systematic Small Cap Equity ETF) and OMFL (Invesco Russell 1000 Dynamic Multifactor ETF) are both exchange-traded funds - SYZ is a Small Cap Blend Equities fund actively managed by Lazard, while OMFL is a Large Cap Blend Equities fund tracking the Russell 1000 Invesco Dynamic Multifactor Index. SYZ is actively managed, while OMFL is passively managed. Their correlation of 0.82 suggests significant overlap in exposure. SYZ charges 0.60%/yr vs 0.29%/yr for OMFL.

Performance

SYZ vs. OMFL - Performance Comparison

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

Returns By Period

In the year-to-date period, SYZ achieves a 20.48% return, which is significantly higher than OMFL's 12.03% return.

SYZ

• 1D: 0.41%
• 1M: 4.00%
• YTD: 20.48%
• 6M: 18.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

OMFL

• 1D: -0.35%
• 1M: 0.30%
• YTD: 12.03%
• 6M: 11.06%
• 1Y: 23.68%
• 3Y*: 13.75%
• 5Y*: 9.36%
• 10Y*: —

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

SYZ vs. OMFL - Yearly Performance Comparison

	2026 (YTD)	2025
SYZ Lazard US Systematic Small Cap Equity ETF	20.48%	0.54%
OMFL Invesco Russell 1000 Dynamic Multifactor ETF	12.03%	2.69%

Correlation

The correlation between SYZ and OMFL is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 15, 2025	0.82

Return for Risk

SYZ vs. OMFL — Risk / Return Rank

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

SYZ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

OMFL

OMFL Risk / Return Rank: 63
OMFL Sharpe Ratio Rank: 58
OMFL Sortino Ratio Rank: 57
OMFL Omega Ratio Rank: 57
OMFL Calmar Ratio Rank: 65
OMFL Martin Ratio Rank: 76

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.

SYZ vs. OMFL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard US Systematic Small Cap Equity ETF (SYZ) 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.

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.

	SYZ	OMFL	Difference
Sharpe ratio: Return per unit of total volatility	—	1.91	—
Sortino ratio: Return per unit of downside risk	—	2.64	—
Omega ratio: Gain probability vs. loss probability	—	1.34	—
Calmar ratio: Return relative to maximum drawdown	—	3.14	—
Martin ratio: Return relative to average drawdown	—	13.98	—

Drawdowns

SYZ vs. OMFL - Drawdown Comparison

The maximum SYZ drawdown since its inception was -8.00%, smaller than the maximum OMFL drawdown of -33.24%. Use the drawdown chart below to compare losses from any high point for SYZ and OMFL.

Drawdown Indicators

	SYZ	OMFL	Difference
Max Drawdown Largest peak-to-trough decline	-8.00%	-33.24%	+25.24%
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%	-1.13%	+1.13%
Average Drawdown Average peak-to-trough decline	-2.02%	-4.78%	+2.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.70%	—

Volatility

Volatility by Period

	SYZ	OMFL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.06%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.93%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.91%	12.47%	+4.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.91%	16.80%	+0.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.91%	20.09%	-3.18%

SYZ vs. OMFL - Expense Ratio Comparison

SYZ has a 0.60% expense ratio, which is higher than OMFL's 0.29% expense ratio.

Dividends

SYZ vs. OMFL - Dividend Comparison

SYZ's dividend yield for the trailing twelve months is around 0.24%, less than OMFL's 0.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
OMFL Invesco Russell 1000 Dynamic Multifactor ETF	0.98%	0.80%	1.22%	1.37%	1.55%	0.95%	1.48%	1.53%	1.39%	0.32%
SYZ Lazard US Systematic Small Cap Equity ETF	0.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SYZ and OMFL in my portfolio?

SYZ and OMFL have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SYZ or OMFL?

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, SYZ or OMFL?

OMFL is cheaper with a 0.29% expense ratio, compared with 0.60% for SYZ.

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

OMFL has the higher dividend yield at 0.98%, compared with 0.24% for SYZ.

What is the main difference between SYZ and OMFL?

SYZ is categorized as Small Cap Blend Equities, while OMFL is Large Cap Blend Equities. They also come from different issuers: Lazard and Invesco. Their fees differ too: 0.60% for SYZ and 0.29% for OMFL.