OMFL vs SCHD
Invesco Russell 1000 Dynamic Multifactor ETF vs Schwab US Dividend Equity ETF
Which is better, OMFL or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. OMFL led over the full window, SCHD over 1Y, 3Y and 5Y. OMFL is less concentrated, with 36.0% of the fund in its ten largest positions against 41.8%.
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 | OMFL | SCHD |
|---|---|---|
| Expense Ratio | 0.29% | 0.06%Best |
| AUM | $4.8B | $112.1B |
| Dividend Yield | 0.81% | 3.00% |
| Holdings | 635 | 103 |
| YTD Return | +13.18% | +25.07%Best |
| 1Y Return | +16.70% | +27.61%Best |
| 3Y Return (annualized) | +14.69% | +15.74%Best |
| 5Y Return (annualized) | +9.16% | +9.89%Best |
| Volatility (annualized) | 17.3% | 16.1%Best |
| Max Drawdown | -33.2%Best | -33.4% |
| $10,000 over 5 years | $15,499 | $16,025Best |
| Top 10 Weight | 36.0%Best | 41.8% |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Nov 8, 2017 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Nov 10, 2017 to Sep 11, 2026 (8.8 years).
OMFL vs SCHD 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 8.8 years both funds cover.
OMFL vs SCHD Performance
Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is an ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year OMFL returned +16.70% while SCHD returned +27.61%. Year to date, OMFL is up 13.18% versus a gain of 25.07% for SCHD.
Over three years, OMFL compounded at +14.69% per year against +15.74% for SCHD; over five years the annualized figures are +9.16% and +9.89% respectively. Across the full 9-year window we track, OMFL has the edge at +13.77% annualized vs +11.17%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OMFL has been the more volatile fund, with annualized monthly volatility of 17.3% compared with 16.1% for SCHD. 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 -33.2% for OMFL and -33.4% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OMFL charges 0.29% per year while SCHD charges 0.06%. On a $10,000 position that is $29 vs $6 annually, a gap of $23 per year that compounds over a long holding period. On income, OMFL currently yields 0.81% against 3.00% for SCHD.
Holdings Overlap
8.2% of OMFL's money is in holdings SCHD also owns. 90.4% of SCHD's money is in holdings OMFL also owns.
Most of SCHD is already inside OMFL. Owning both mostly buys the same companies twice.
43 positions in common, counted across the 578 positions we hold weights for in OMFL and 100 in SCHD, against full books of 635 and 103.
What only one of them owns
Our book lists 56 positions for SCHD that do not appear in our book for OMFL (9.6% of the fund), and 511 for OMFL that do not appear in SCHD (89.8%).
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 OMFL | Weight in SCHD | Difference |
|---|---|---|---|
| ABTAbbott Laboratories | 0.52% | 4.69% | 4.17% |
| MRKMerck & Co. Inc. | 0.36% | 4.77% | 4.41% |
| AMGNAmgen Inc. | 0.18% | 4.70% | 4.52% |
| PGProcter & Gamble Company | 0.94% | 3.83% | 2.89% |
| KOCoca Cola Co. | 0.28% | 4.17% | 3.89% |
| UNHUnitedhealth Group Inc. | 0.51% | 3.82% | 3.31% |
| COPConocophillips Co | 0.34% | 3.94% | 3.60% |
| VZVerizon Communications, Inc. | 0.22% | 3.97% | 3.75% |
| CVXChevron Corp. | 0.02% | 4.02% | 4.00% |
| HDHome Depot Inc/The | 0.15% | 3.88% | 3.73% |
90.4% of SCHD is already inside OMFL.
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, OMFL or SCHD?
OMFL has an expense ratio of 0.29% while SCHD charges 0.06%. SCHD is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, OMFL or SCHD?
Over the past year OMFL returned +16.70% vs +27.61% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), OMFL annualized +13.77% vs +11.17% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OMFL or SCHD?
OMFL has been the more volatile fund at 17.3% annualized versus 16.1% for SCHD. Worst drawdown: OMFL -33.2% vs SCHD -33.4%.
Should I hold both OMFL and SCHD?
OMFL and SCHD have a monthly-return correlation of 0.84, 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 OMFL and SCHD?
90.4% of SCHD's money is in holdings OMFL also owns. 90.4% of SCHD's is in holdings OMFL also owns. They hold 43 positions in common, counted across the 578 positions we hold weights for in OMFL and 100 in SCHD.
Which pays a higher dividend, OMFL or SCHD?
OMFL yields 0.81% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than OMFL?
SCHD has a lower expense ratio. OMFL led over the full window, SCHD over 1Y, 3Y and 5Y. OMFL is less concentrated, with 36.0% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.