OMFL vs VTI

OMFL vs VTI

Which is better, OMFL or VTI?

Each has led over a different period.

VTI has a lower expense ratio. OMFL led over the full window, VTI over 1Y, 3Y and 5Y. The two have moved almost in lockstep, correlation 0.91.

Lower Fees: VTIHigher Returns: split

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

MetricOMFLVTI
Expense Ratio0.29%0.03%Best
AUM$4.8B$666.9B
Dividend Yield0.81%1.03%
Holdings6353,543
YTD Return+13.18%Best+12.57%
1Y Return+16.70%+17.22%Best
3Y Return (annualized)+14.69%+20.87%Best
5Y Return (annualized)+9.16%+11.86%Best
Volatility (annualized)17.3%16.7%Best
Max Drawdown-33.2%Best-35.0%
$10,000 over 5 years$15,499$17,514Best
Fund FamilyInvesco (US)Vanguard (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionNov 8, 2017May 24, 2001

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Nov 10, 2017 to Sep 11, 2026 (8.8 years).

OMFL vs VTI 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 VTI Performance

Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is an ETF from Invesco (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year OMFL returned +16.70% while VTI returned +17.22%. Year to date, OMFL is up 13.18% versus a gain of 12.57% for VTI.

Over three years, OMFL compounded at +14.69% per year against +20.87% for VTI; over five years the annualized figures are +9.16% and +11.86% respectively. Across the full 9-year window we track, OMFL has the edge at +13.77% annualized vs +13.52%.

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 16.7% for VTI. 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 -35.0% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

OMFL charges 0.29% per year while VTI charges 0.03%. On a $10,000 position that is $29 vs $3 annually, a gap of $26 per year that compounds over a long holding period. On income, OMFL currently yields 0.81% against 1.03% for VTI.

Holdings Overlap

OMFL already in VTI95.7%

At least 95.7% of OMFL's money is in holdings VTI also owns.

Stated as a floor: for VTI, our book for it covers 90.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.

Most of OMFL is already inside VTI. Owning both mostly buys the same companies twice.

494 positions in common, counted across the 578 positions we hold weights for in OMFL and 2,787 in VTI, against full books of 635 and 3,543.

Top Shared Holdings

StockWeight in OMFLWeight in VTIDifference
AAPLApple, Inc8.26%5.84%2.42%
NVDANvidia Corp.4.96%6.32%1.36%
MSFTMicrosoft Corp 4.100 Feb 06 376.21%3.81%2.40%
GOOGLAlphabet A Usd 0.0013.24%2.88%0.36%
AMZNAmazon.Com Inc2.05%3.17%1.12%
GOOGAlphabet Inc2.63%2.27%0.36%
VVisa Inc2.89%0.77%2.12%
AVGOBroadcom Inc0.96%2.46%1.50%
LLYEli Lilly & Co.1.83%1.40%0.43%
MAMastercard Inc2.22%0.56%1.66%

95.7% of OMFL is already inside VTI.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

OMFLVTI

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, OMFL or VTI?

OMFL has an expense ratio of 0.29% while VTI charges 0.03%. VTI is the cheaper option, by $26 a year on a $10,000 investment.

Which performed better, OMFL or VTI?

Over the past year OMFL returned +16.70% vs +17.22% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (9 years), OMFL annualized +13.77% vs +13.52% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, OMFL or VTI?

OMFL has been the more volatile fund at 17.3% annualized versus 16.7% for VTI. Worst drawdown: OMFL -33.2% vs VTI -35.0%.

Should I hold both OMFL and VTI?

OMFL and VTI have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.

What is the holdings overlap between OMFL and VTI?

At least 95.7% of OMFL's money is in holdings VTI also owns. Our book for VTI is partial, so the real figure is this or higher. They hold 494 positions in common, counted across the 578 positions we hold weights for in OMFL and 2,787 in VTI.

Which pays a higher dividend, OMFL or VTI?

OMFL yields 0.81% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.

Is VTI better than OMFL?

VTI has a lower expense ratio. OMFL led over the full window, VTI over 1Y, 3Y and 5Y. The two have moved almost in lockstep, correlation 0.91. Which one suits a particular account depends on what it is for. This is information, not a recommendation.