OMFS vs VYM
Invesco Russell 2000 Dynamic Multifactor ETF vs Vanguard High Dividend Yield ETF
Which is better, OMFS or VYM?
Small Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM 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 26.1%.
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 | VYM |
|---|---|---|
| Expense Ratio | 0.39% | 0.04%Best |
| AUM | $278M | $81.6B |
| Dividend Yield | 1.09% | 2.22% |
| Holdings | 1,126 | 613 |
| YTD Return | +13.55%Best | +12.87% |
| 1Y Return | +16.10% | +17.25%Best |
| 3Y Return (annualized) | +14.85% | +17.66%Best |
| 5Y Return (annualized) | +6.45% | +11.98%Best |
| Volatility (annualized) | 21.3% | 15.0%Best |
| Max Drawdown | -42.5% | -35.7%Best |
| $10,000 over 5 years | $13,669 | $17,608Best |
| Top 10 Weight | 12.0%Best | 26.1% |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Value |
| Inception | Nov 8, 2017 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Nov 10, 2017 to Sep 15, 2026 (8.8 years).
OMFS vs VYM 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.
OMFS vs VYM Performance
Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) is an ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year OMFS returned +16.10% while VYM returned +17.25%. Year to date, OMFS is up 13.55% versus a gain of 12.87% for VYM.
Over three years, OMFS compounded at +14.85% per year against +17.66% for VYM; over five years the annualized figures are +6.45% and +11.98% respectively. Across the full 9-year window we track, VYM has the edge at +9.84% annualized vs +9.71%.
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 15.0% for VYM. 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 -35.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OMFS charges 0.39% per year while VYM charges 0.04%. On a $10,000 position that is $39 vs $4 annually, a gap of $35 per year that compounds over a long holding period. On income, OMFS currently yields 1.09% against 2.22% for VYM.
Holdings Overlap
19.9% of OMFS's money is in holdings VYM also owns. 1.7% of VYM's money is in holdings OMFS also owns.
OMFS and VYM share little of their money.
104 positions in common, counted across the 921 positions we hold weights for in OMFS and 557 in VYM, against full books of 1,126 and 613.
What only one of them owns
Our book lists 430 positions for VYM that do not appear in our book for OMFS (95.4% of the fund), and 772 for OMFS that do not appear in VYM (73.4%).
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 VYM | Difference |
|---|---|---|---|
| FCFSFirstcash Inc | 1.48% | 0.03% | 1.45% |
| PIPRPiper Sandler Companies | 0.93% | 0.02% | 0.91% |
| VCTRVictory Receivables Corp | 0.91% | 0.02% | 0.89% |
| MCMoelis & Co_None_0 | 0.91% | 0.02% | 0.89% |
| YOUClear Secure Inc -Class A | 0.78% | 0.02% | 0.76% |
| ESNTEssent | 0.72% | 0.02% | 0.70% |
| KLICKulicke & Soffa Industries | 0.63% | 0.02% | 0.61% |
| SGHCSuper Group Sghc Ltd | 0.59% | 0.01% | 0.58% |
| RDNRadian Group Inc | 0.54% | 0.02% | 0.52% |
| CALMCal-maine Foods Inc | 0.50% | 0.02% | 0.48% |
You are not choosing between two funds in isolation.
Whichever of OMFS and VYM 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 VYM?
OMFS has an expense ratio of 0.39% while VYM charges 0.04%. VYM is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, OMFS or VYM?
Over the past year OMFS returned +16.10% vs +17.25% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (9 years), OMFS annualized +9.71% vs +9.84% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OMFS or VYM?
OMFS has been the more volatile fund at 21.3% annualized versus 15.0% for VYM. Worst drawdown: OMFS -42.5% vs VYM -35.7%.
Should I hold both OMFS and VYM?
OMFS and VYM have a monthly-return correlation of 0.86, 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 VYM?
19.9% of OMFS's money is in holdings VYM also owns. 1.7% of VYM's is in holdings OMFS also owns. They hold 104 positions in common, counted across the 921 positions we hold weights for in OMFS and 557 in VYM.
Which pays a higher dividend, OMFS or VYM?
OMFS yields 1.09% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than OMFS?
VYM has a lower expense ratio. VYM 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 26.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.