DFAS vs OMFS
Dimensional US Small Cap ETF vs Invesco Russell 2000 Dynamic Multifactor ETF
Which is better, DFAS or OMFS?
Nearly the same fund. DFAS costs less.
DFAS has a lower expense ratio. DFAS led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98.
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 | DFAS | OMFS |
|---|---|---|
| Expense Ratio | 0.27%Best | 0.39% |
| AUM | $34.2B | $264M |
| Dividend Yield | 1.04% | 1.30% |
| Holdings | 2,060 | 2,228 |
| YTD Return | +10.62%Best | +8.89% |
| 1Y Return | +14.08%Best | +10.32% |
| 3Y Return (annualized) | +15.46%Best | +14.55% |
| 5Y Return (annualized) | +7.05%Best | +4.67% |
| Volatility (annualized) | 18.9%Best | 19.0% |
| Max Drawdown | -26.1%Best | -29.2% |
| $10,000 over 5 years | $14,058Best | $12,564 |
| Fund Family | Dimensional | Invesco (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Small Cap Blend |
| Inception | Dec 15, 1998 | Nov 8, 2017 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 14, 2021 to Oct 14, 2026 (5.3 years).
DFAS vs OMFS 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 5.3 years both funds cover.
DFAS vs OMFS Performance
Dimensional US Small Cap ETF (DFAS) is an ETF from Dimensional and Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) is an ETF from Invesco (US). Over the past year DFAS returned +14.08% while OMFS returned +10.32%. Year to date, DFAS is up 10.62% versus a gain of 8.89% for OMFS.
Over three years, DFAS compounded at +15.46% per year against +14.55% for OMFS; over five years the annualized figures are +7.05% and +4.67% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OMFS has been the more volatile fund, with annualized monthly volatility of 19.0% compared with 18.9% for DFAS. 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 -26.1% for DFAS and -29.2% for OMFS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DFAS charges 0.27% per year while OMFS charges 0.39%. On a $10,000 position that is $27 vs $39 annually, a gap of $12 per year that compounds over a long holding period. On income, DFAS currently yields 1.04% against 1.30% for OMFS.
Holdings Overlap
We hold position weights for 1,552 holdings in DFAS and 933 in OMFS, totalling 93.8% and 96.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1,552 positions we hold weights for in DFAS and 933 in OMFS, against full books of 2,060 and 2,228.
You are not choosing between two funds in isolation.
Whichever of DFAS and OMFS 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, DFAS or OMFS?
DFAS has an expense ratio of 0.27% while OMFS charges 0.39%. DFAS is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, DFAS or OMFS?
Over the past year DFAS returned +14.08% vs +10.32% for OMFS, so DFAS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFAS or OMFS?
OMFS has been the more volatile fund at 19.0% annualized versus 18.9% for DFAS. Worst drawdown: DFAS -26.1% vs OMFS -29.2%.
Should I hold both DFAS and OMFS?
DFAS and OMFS have a monthly-return correlation of 0.98, 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.
Which pays a higher dividend, DFAS or OMFS?
DFAS yields 1.04% while OMFS yields 1.30%, so OMFS currently pays the higher dividend yield.
Is OMFS better than DFAS?
DFAS has a lower expense ratio. DFAS led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98. Which one suits a particular account depends on what it is for. This is information, not a recommendation.