IQSU vs OMFL
NYLIM Candriam US Large Cap Equity ETF vs Invesco Russell 1000 Dynamic Multifactor ETF
Which is better, IQSU or OMFL?
IQSU has been ahead.
IQSU has a lower expense ratio. IQSU led over 1Y, 3Y, 5Y and the full window. OMFL is less concentrated, with 37.0% of the fund in its ten largest positions against 43.3%.
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 | IQSU | OMFL |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.29% |
| AUM | $354M | $4.8B |
| Dividend Yield | 0.91% | 0.84% |
| Holdings | 264 | 1,272 |
| YTD Return | +15.73%Best | +15.31% |
| 1Y Return | +20.02%Best | +18.97% |
| 3Y Return (annualized) | +19.22%Best | +16.52% |
| 5Y Return (annualized) | +11.67%Best | +9.22% |
| Volatility (annualized) | 17.7%Best | 18.4% |
| Max Drawdown | -31.3%Best | -33.2% |
| $10,000 over 5 years | $17,365Best | $15,542 |
| Top 10 Weight | 43.3% | 37.0%Best |
| Fund Family | New York Life Investments | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 17, 2019 | Nov 8, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Dec 17, 2019 to Oct 14, 2026 (6.8 years).
IQSU 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 6.8 years both funds cover.
IQSU vs OMFL Performance
NYLIM Candriam US Large Cap Equity ETF (IQSU) is an ETF from New York Life Investments and Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is an ETF from Invesco (US). Over the past year IQSU returned +20.02% while OMFL returned +18.97%. Year to date, IQSU is up 15.73% versus a gain of 15.31% for OMFL.
Over three years, IQSU compounded at +19.22% per year against +16.52% for OMFL; over five years the annualized figures are +11.67% and +9.22% respectively. Across the full 7-year window we track, IQSU has the edge at +15.49% annualized vs +13.07%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OMFL has been the more volatile fund, with annualized monthly volatility of 18.4% compared with 17.7% for IQSU. 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 -31.3% for IQSU and -33.2% 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IQSU 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, IQSU currently yields 0.91% against 0.84% for OMFL.
Holdings Overlap
89.1% of IQSU's money is in holdings OMFL also owns. 62.4% of OMFL's money is in holdings IQSU also owns.
Most of IQSU is already inside OMFL. Owning both mostly buys the same companies twice.
211 positions in common, counted across the 269 positions we hold weights for in IQSU and 577 in OMFL, against full books of 264 and 1,272.
What only one of them owns
Our book lists 339 positions for OMFL that do not appear in our book for IQSU (36.5% of the fund), and 53 for IQSU that do not appear in OMFL (10.2%).
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 IQSU | Weight in OMFL | Difference |
|---|---|---|---|
| AAPLApple, Inc | 10.22% | 9.03% | 1.19% |
| MSFTMicrosoft Corp | 5.46% | 6.62% | 1.16% |
| GOOGLAlphabet Inc | 5.24% | 2.99% | 2.25% |
| GOOGAlphabet Inc. C | 4.53% | 2.42% | 2.11% |
| AMZNAmazon.Com Inc | 4.78% | 1.88% | 2.90% |
| VVisa Inc Class A | 1.70% | 2.86% | 1.16% |
| MUMicron Technology, Inc. | 3.33% | 1.09% | 2.24% |
| TSLATesla Inc | 3.40% | 0.42% | 2.98% |
| AMDAdvanced Micro Devices Inc | 3.06% | 0.70% | 2.36% |
| MAMastercard Inc | 1.23% | 2.17% | 0.94% |
89.1% of IQSU is already inside OMFL.
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, IQSU or OMFL?
IQSU has an expense ratio of 0.09% while OMFL charges 0.29%. IQSU is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, IQSU or OMFL?
Over the past year IQSU returned +20.02% vs +18.97% for OMFL, so IQSU leads on 1-year performance. Over the longest common window we track (7 years), IQSU annualized +15.49% vs +13.07% for OMFL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IQSU or OMFL?
OMFL has been the more volatile fund at 18.4% annualized versus 17.7% for IQSU. Worst drawdown: IQSU -31.3% vs OMFL -33.2%.
Should I hold both IQSU and OMFL?
IQSU and OMFL 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 IQSU and OMFL?
89.1% of IQSU's money is in holdings OMFL also owns. 62.4% of OMFL's is in holdings IQSU also owns. They hold 211 positions in common, counted across the 269 positions we hold weights for in IQSU and 577 in OMFL.
Which pays a higher dividend, IQSU or OMFL?
IQSU yields 0.91% while OMFL yields 0.84%, so IQSU currently pays the higher dividend yield.
Is OMFL better than IQSU?
IQSU has a lower expense ratio. IQSU led over 1Y, 3Y, 5Y and the full window. OMFL is less concentrated, with 37.0% of the fund in its ten largest positions against 43.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.