OMFS vs SCHD
Invesco Russell 2000 Dynamic Multifactor ETF vs Schwab US Dividend Equity ETF
Which is better, OMFS or SCHD?
Small Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. OMFS is less concentrated, with 12.0% 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 | OMFS | SCHD |
|---|---|---|
| Expense Ratio | 0.39% | 0.06%Best |
| AUM | $278M | $112.1B |
| Dividend Yield | 1.09% | 3.00% |
| Holdings | 1,126 | 103 |
| YTD Return | +13.53% | +24.23%Best |
| 1Y Return | +16.32% | +27.90%Best |
| 3Y Return (annualized) | +14.82% | +15.55%Best |
| 5Y Return (annualized) | +6.41% | +9.97%Best |
| Volatility (annualized) | 21.3% | 16.1%Best |
| Max Drawdown | -42.5% | -33.4%Best |
| $10,000 over 5 years | $13,643 | $16,083Best |
| Top 10 Weight | 12.0%Best | 41.8% |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small 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 17, 2026 (8.9 years).
OMFS 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 8.9 years both funds cover.
OMFS vs SCHD Performance
Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) 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 OMFS returned +16.32% while SCHD returned +27.90%. Year to date, OMFS is up 13.53% versus a gain of 24.23% for SCHD.
Over three years, OMFS compounded at +14.82% per year against +15.55% for SCHD; over five years the annualized figures are +6.41% and +9.97% respectively. Across the full 9-year window we track, SCHD has the edge at +11.07% annualized vs +9.70%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OMFS has been the more volatile fund, with annualized monthly volatility of 21.3% 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 -42.5% for OMFS 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OMFS charges 0.39% per year while SCHD charges 0.06%. On a $10,000 position that is $39 vs $6 annually, a gap of $33 per year that compounds over a long holding period. On income, OMFS currently yields 1.09% against 3.00% for SCHD.
Holdings Overlap
3.3% of OMFS's money is in holdings SCHD also owns. 1.4% of SCHD's money is in holdings OMFS also owns.
OMFS and SCHD share little of their money.
30 positions in common, counted across the 921 positions we hold weights for in OMFS and 100 in SCHD, against full books of 1,126 and 103.
What only one of them owns
Our book lists 70 positions for SCHD that do not appear in our book for OMFS (98.6% of the fund), and 842 for OMFS that do not appear in SCHD (89.6%).
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 SCHD | Difference |
|---|---|---|---|
| MCMoelis & Co_None_0 | 0.91% | 0.12% | 0.79% |
| CNSCohen & Steers Inc | 0.47% | 0.05% | 0.42% |
| APAMArtisan Partners Asset Management, Inc. | 0.40% | 0.07% | 0.33% |
| MURMurphy Oil Corp | 0.13% | 0.12% | 0.01% |
| CVBFCvb Financial Corp. | 0.14% | 0.09% | 0.05% |
| KFYKorn Ferry | 0.12% | 0.11% | 0.01% |
| BKEBuckle Inc/the | 0.13% | 0.03% | 0.10% |
| CHCOCity Holding Co Common Stock Usd2.5 | 0.09% | 0.05% | 0.04% |
| BANRBanner Corp_None_0 | 0.07% | 0.06% | 0.01% |
| OFG:PROfg Bancorp Common Stock | 0.08% | 0.05% | 0.03% |
You are not choosing between two funds in isolation.
Whichever of OMFS and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, OMFS or SCHD?
OMFS has an expense ratio of 0.39% while SCHD charges 0.06%. SCHD is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, OMFS or SCHD?
Over the past year OMFS returned +16.32% vs +27.90% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), OMFS annualized +9.70% vs +11.07% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OMFS or SCHD?
OMFS has been the more volatile fund at 21.3% annualized versus 16.1% for SCHD. Worst drawdown: OMFS -42.5% vs SCHD -33.4%.
Should I hold both OMFS and SCHD?
OMFS and SCHD have a monthly-return correlation of 0.82, 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 OMFS and SCHD?
3.3% of OMFS's money is in holdings SCHD also owns. 1.4% of SCHD's is in holdings OMFS also owns. They hold 30 positions in common, counted across the 921 positions we hold weights for in OMFS and 100 in SCHD.
Which pays a higher dividend, OMFS or SCHD?
OMFS yields 1.09% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than OMFS?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. OMFS is less concentrated, with 12.0% 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.