DFUS vs OMFL
Dimensional US Equity Market ETF vs Invesco Russell 1000 Dynamic Multifactor ETF
Which is better, DFUS or OMFL?
Each has led over a different period.
DFUS has a lower expense ratio. DFUS led over 3Y, 5Y and the full window, OMFL over 1Y. The two have moved almost in lockstep, correlation 0.91. DFUS is less concentrated, with 35.2% of the fund in its ten largest positions against 37.0%.
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 | DFUS | OMFL |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.29% |
| AUM | $21.6B | $4.8B |
| Dividend Yield | 0.87% | 0.84% |
| Holdings | 2,253 | 1,272 |
| YTD Return | +13.39% | +15.31%Best |
| 1Y Return | +17.12% | +18.97%Best |
| 3Y Return (annualized) | +22.25%Best | +16.52% |
| 5Y Return (annualized) | +12.82%Best | +9.22% |
| Volatility (annualized) | 15.5%Best | 15.9% |
| Max Drawdown | -24.6% | -22.4%Best |
| $10,000 over 5 years | $18,278Best | $15,542 |
| Top 10 Weight | 35.2%Best | 37.0% |
| Fund Family | Dimensional | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 25, 2001 | Nov 8, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Jun 14, 2021 to Oct 14, 2026 (5.3 years).
DFUS vs OMFL 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.
DFUS vs OMFL Performance
Dimensional US Equity Market ETF (DFUS) is an ETF from Dimensional and Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is an ETF from Invesco (US). Over the past year DFUS returned +17.12% while OMFL returned +18.97%. Year to date, DFUS is up 13.39% versus a gain of 15.31% for OMFL.
Over three years, DFUS compounded at +22.25% per year against +16.52% for OMFL; over five years the annualized figures are +12.82% and +9.22% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OMFL has been the more volatile fund, with annualized monthly volatility of 15.9% compared with 15.5% for DFUS. 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 -24.6% for DFUS and -22.4% for OMFL. 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
DFUS charges 0.09% per year while OMFL charges 0.29%. On a $10,000 position that is $9 vs $29 annually, a gap of $20 per year that compounds over a long holding period. On income, DFUS currently yields 0.87% against 0.84% for OMFL.
Holdings Overlap
85.6% of DFUS's money is in holdings OMFL also owns. 97.0% of OMFL's money is in holdings DFUS also owns.
Most of OMFL is already inside DFUS. Owning both mostly buys the same companies twice.
531 positions in common, counted across the 2,226 positions we hold weights for in DFUS and 577 in OMFL, against full books of 2,253 and 1,272.
What only one of them owns
Our book lists 34 positions for OMFL that do not appear in our book for DFUS (2.1% of the fund), and 468 for DFUS that do not appear in OMFL (12.3%).
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 DFUS | Weight in OMFL | Difference |
|---|---|---|---|
| AAPLApple, Inc | 6.78% | 9.03% | 2.25% |
| NVDANvidia Corp | 7.11% | 5.56% | 1.55% |
| MSFTMicrosoft Corp | 5.21% | 6.62% | 1.41% |
| GOOGLAlphabet Inc | 2.78% | 2.99% | 0.21% |
| AMZNAmazon.Com Inc | 3.56% | 1.88% | 1.68% |
| GOOGAlphabet Inc. C | 2.28% | 2.42% | 0.14% |
| VVisa Inc Class A | 0.89% | 2.86% | 1.97% |
| METAMeta Platforms Inc | 2.04% | 1.40% | 0.64% |
| AVGOBroadcom Inc | 2.38% | 0.82% | 1.56% |
| LLYEli Lilly & Co. | 1.26% | 1.90% | 0.64% |
97.0% of OMFL is already inside DFUS.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DFUS or OMFL?
DFUS has an expense ratio of 0.09% while OMFL charges 0.29%. DFUS is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, DFUS or OMFL?
Over the past year DFUS returned +17.12% vs +18.97% for OMFL, so OMFL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFUS or OMFL?
OMFL has been the more volatile fund at 15.9% annualized versus 15.5% for DFUS. Worst drawdown: DFUS -24.6% vs OMFL -22.4%.
Should I hold both DFUS and OMFL?
DFUS and OMFL 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 DFUS and OMFL?
97.0% of OMFL's money is in holdings DFUS also owns. 97.0% of OMFL's is in holdings DFUS also owns. They hold 531 positions in common, counted across the 2,226 positions we hold weights for in DFUS and 577 in OMFL.
Which pays a higher dividend, DFUS or OMFL?
DFUS yields 0.87% while OMFL yields 0.84%, so DFUS currently pays the higher dividend yield.
Is OMFL better than DFUS?
DFUS has a lower expense ratio. DFUS led over 3Y, 5Y and the full window, OMFL over 1Y. The two have moved almost in lockstep, correlation 0.91. DFUS is less concentrated, with 35.2% of the fund in its ten largest positions against 37.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.