Key stats
About Invesco Exchange-Traded Self-Indexed Fund Trust Invesco Russell 1000 Dynamic Multifactor ETF
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Inception date
Nov 8, 2017
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
OMFL scores the component securities of the Russell 1000 Index by value, size, momentum, quality, and low volatility. To combine these factors, Oppenheimer uses a rules-based methodology that relies on leading economic indicators and global risk appetite to determine the state of the current market cycle: expansion, slowdown, contraction, or recovery. The fund shifts exposure to favor the factors that tend to fare better in the given market environment. Holdings are weighted by the combined factor score, scaled by market cap. OMFL capitalizes on the cyclicality of factor performance through its use of this dynamic overlay. The fund is reasonably priced for this added feature.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Retail Trade
Finance
Electronic Technology
Stocks99.98%
Technology Services21.76%
Retail Trade18.62%
Finance15.34%
Electronic Technology13.69%
Consumer Non-Durables5.74%
Health Technology5.14%
Producer Manufacturing4.12%
Consumer Services3.06%
Distribution Services2.47%
Communications1.62%
Utilities1.60%
Commercial Services1.17%
Transportation1.12%
Process Industries1.02%
Health Services0.99%
Industrial Services0.96%
Energy Minerals0.89%
Consumer Durables0.34%
Non-Energy Minerals0.33%
Bonds, Cash & Other0.02%
Mutual fund0.02%
Miscellaneous0.00%
Cash0.00%
Stock breakdown by region
North America97.12%
Europe2.88%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
OMFL invests in stocks. The fund's major sectors are Technology Services, with 21.76% stocks, and Retail Trade, with 18.62% of the basket. The assets are mostly located in the North America region.
OMFL top holdings are Berkshire Hathaway Inc. Class B and Microsoft Corporation, occupying 5.49% and 5.25% of the portfolio correspondingly.
OMFL shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Nov 8, 2017, and its management style is Passive.
OMFL expense ratio is 0.29% meaning you'd have to pay 0.29% of your investment to help manage the fund.
OMFL follows the Russell 1000 Invesco Dynamic Multifactor Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
OMFL invests in stocks.