OMFS vs SCDS
Invesco Russell 2000 Dynamic Multifactor ETF vs JPMorgan Fundamental Data Science Small Core ETF
Which is better, OMFS or SCDS?
SCDS has been ahead.
OMFS has a lower expense ratio. SCDS led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. OMFS is less concentrated, with 11.5% of the fund in its ten largest positions against 12.5%.
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 | OMFS | SCDS |
|---|---|---|
| Expense Ratio | 0.39%Best | 0.40% |
| AUM | $262M | $9M |
| Dividend Yield | 1.27% | 1.11% |
| Holdings | 1,103 | 280 |
| YTD Return | +11.62% | +20.27%Best |
| 1Y Return | +17.30% | +26.47%Best |
| 3Y Return (annualized) | +13.74% | - |
| 5Y Return (annualized) | +3.38% | - |
| Volatility (annualized) | 15.6%Best | 17.3% |
| Max Drawdown | -22.4%Best | -26.7% |
| $10,000 over 2.3 years | $13,905 | $14,528Best |
| Top 10 Weight | 11.5%Best | 12.5% |
| Fund Family | Invesco (US) | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Blend | Small Cap Blend |
| Inception | Nov 8, 2017 | Aug 7, 2024 |
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Aug 8, 2024 to Nov 13, 2026 (2.3 years).
OMFS vs SCDS 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 2.3 years both funds cover.
OMFS vs SCDS Performance
Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) is an ETF from Invesco (US) and JPMorgan Fundamental Data Science Small Core ETF (SCDS) is an ETF from J.P. Morgan Asset Management. Over the past year OMFS returned +17.30% while SCDS returned +26.47%. Year to date, OMFS is up 11.62% versus a gain of 20.27% for SCDS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCDS has been the more volatile fund, with annualized monthly volatility of 17.3% compared with 15.6% for OMFS. 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 -22.4% for OMFS and -26.7% for SCDS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
OMFS charges 0.39% per year while SCDS charges 0.40%. On a $10,000 position that is $39 vs $40 annually, a gap of $1 per year that compounds over a long holding period. On income, OMFS currently yields 1.27% against 1.11% for SCDS.
Holdings Overlap
30.4% of OMFS's money is in holdings SCDS also owns. 68.0% of SCDS's money is in holdings OMFS also owns.
The two portfolios partly overlap.
169 positions in common, counted across the 1,099 positions we hold weights for in OMFS and 273 in SCDS, against full books of 1,103 and 280.
What only one of them owns
Our book lists 102 positions for SCDS that do not appear in our book for OMFS (31.0% of the fund), and 888 for OMFS that do not appear in SCDS (67.7%).
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 OMFS | Weight in SCDS | Difference |
|---|---|---|---|
| CTRECaretrust Reit, Inc. | 1.64% | 0.45% | 1.19% |
| RHPRyman Hospitality Properties | 0.74% | 1.12% | 0.38% |
| FCFSFirstcash Inc | 1.33% | 0.45% | 0.88% |
| MYRGMyr Group Inc | 1.12% | 0.62% | 0.50% |
| TRNOTerreno Realty Corp. | 1.19% | 0.45% | 0.74% |
| YOUClear Secure Inc | 0.86% | 0.51% | 0.35% |
| SSRMSsr Mining Inc | 1.13% | 0.21% | 0.92% |
| ALKS:IEAlkermes Plc. Ordinary Shares | 0.70% | 0.55% | 0.15% |
| AZZAzz Inc | 0.36% | 0.87% | 0.51% |
| RDNRadian Group Inc | 0.56% | 0.66% | 0.10% |
68.0% of SCDS is already inside OMFS.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, OMFS or SCDS?
OMFS has an expense ratio of 0.39% while SCDS charges 0.40%. OMFS is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, OMFS or SCDS?
Over the past year OMFS returned +17.30% vs +26.47% for SCDS, so SCDS leads on 1-year performance. Over the longest common window we track (2 years), OMFS annualized +15.41% vs +17.63% for SCDS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OMFS or SCDS?
SCDS has been the more volatile fund at 17.3% annualized versus 15.6% for OMFS. Worst drawdown: OMFS -22.4% vs SCDS -26.7%.
Should I hold both OMFS and SCDS?
OMFS and SCDS have a monthly-return correlation of 0.94, 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 OMFS and SCDS?
68.0% of SCDS's money is in holdings OMFS also owns. 68.0% of SCDS's is in holdings OMFS also owns. They hold 169 positions in common, counted across the 1,099 positions we hold weights for in OMFS and 273 in SCDS.
Which pays a higher dividend, OMFS or SCDS?
OMFS yields 1.27% while SCDS yields 1.11%, so OMFS currently pays the higher dividend yield.
Is SCDS better than OMFS?
OMFS has a lower expense ratio. SCDS led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. OMFS is less concentrated, with 11.5% of the fund in its ten largest positions against 12.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.