DCOR vs OMFL
Dimensional US Core Equity 1 ETF vs Invesco Russell 1000 Dynamic Multifactor ETF
Which is better, DCOR or OMFL?
Each has led over a different period.
DCOR has a lower expense ratio. DCOR led over 3Y and the full window, OMFL over 1Y. DCOR is less concentrated, with 27.1% of the fund in its ten largest positions against 36.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DCOR | OMFL |
|---|---|---|
| Expense Ratio | 0.14%Best | 0.29% |
| AUM | $45.0B | $4.7B |
| Dividend Yield | 0.90% | 0.82% |
| Holdings | 2,548 | 637 |
| YTD Return | +13.55% | +15.52%Best |
| 1Y Return | +16.70% | +19.49%Best |
| 3Y Return (annualized) | +20.07%Best | +15.50% |
| 5Y Return (annualized) | - | +8.15% |
| Volatility (annualized) | 12.2%Best | 13.1% |
| Max Drawdown | -19.1% | -15.5%Best |
| $10,000 over 3.2 years | $17,387Best | $15,566 |
| Top 10 Weight | 27.1%Best | 36.5% |
| Fund Family | Dimensional | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 15, 2005 | Nov 8, 2017 |
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Sep 13, 2023 to Nov 13, 2026 (3.2 years).
DCOR vs OMFL growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.2 years both funds cover.
DCOR vs OMFL Performance
Dimensional US Core Equity 1 ETF (DCOR) is an ETF from Dimensional and Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is an ETF from Invesco (US). Over the past year DCOR returned +16.70% while OMFL returned +19.49%. Year to date, DCOR is up 13.55% versus a gain of 15.52% for OMFL.
Over three years, DCOR compounded at +20.07% per year against +15.50% for OMFL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OMFL has been the more volatile fund, with annualized monthly volatility of 13.1% compared with 12.2% for DCOR. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -19.1% for DCOR and -15.5% for OMFL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DCOR charges 0.14% per year while OMFL charges 0.29%. On a $10,000 position that is $14 vs $29 annually, a gap of $15 per year that compounds over a long holding period. On income, DCOR currently yields 0.90% against 0.82% for OMFL.
Holdings Overlap
81.4% of DCOR's money is in holdings OMFL also owns. 98.1% of OMFL's money is in holdings DCOR also owns.
Most of OMFL is already inside DCOR. Owning both mostly buys the same companies twice.
585 positions in common, counted across the 2,519 positions we hold weights for in DCOR and 633 in OMFL, against full books of 2,548 and 637.
What only one of them owns
Our book lists 40 positions for OMFL that do not appear in our book for DCOR (1.9% of the fund), and 717 for DCOR that do not appear in OMFL (16.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DCOR | Weight in OMFL | Difference |
|---|---|---|---|
| AAPLApple, Inc | 5.87% | 9.27% | 3.40% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 4.27% | 6.63% | 2.36% |
| NVDANvidia Corp. | 5.52% | 4.83% | 0.69% |
| AMZNAmazon.Com Inc | 2.62% | 1.79% | 0.83% |
| VVisa Inc | 0.82% | 3.26% | 2.44% |
| GOOGLAlphabet Inc | 1.38% | 2.42% | 1.04% |
| LLYEli Lilly & Co. | 1.37% | 2.35% | 0.98% |
| MAMastercard Inc | 0.74% | 2.49% | 1.75% |
| GOOGAlphabet Inc | 1.20% | 1.96% | 0.76% |
| METAMeta Platform Inc | 1.67% | 1.18% | 0.49% |
98.1% of OMFL is already inside DCOR.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DCOR or OMFL?
DCOR has an expense ratio of 0.14% while OMFL charges 0.29%. DCOR is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, DCOR or OMFL?
Over the past year DCOR returned +16.70% vs +19.49% for OMFL, so OMFL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DCOR or OMFL?
OMFL has been the more volatile fund at 13.1% annualized versus 12.2% for DCOR. Worst drawdown: DCOR -19.1% vs OMFL -15.5%.
Should I hold both DCOR and OMFL?
DCOR and OMFL have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DCOR and OMFL?
98.1% of OMFL's money is in holdings DCOR also owns. 98.1% of OMFL's is in holdings DCOR also owns. They hold 585 positions in common, counted across the 2,519 positions we hold weights for in DCOR and 633 in OMFL.
Which pays a higher dividend, DCOR or OMFL?
DCOR yields 0.90% while OMFL yields 0.82%, so DCOR currently pays the higher dividend yield.
Is OMFL better than DCOR?
DCOR has a lower expense ratio. DCOR led over 3Y and the full window, OMFL over 1Y. DCOR is less concentrated, with 27.1% of the fund in its ten largest positions against 36.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.