NSCS vs OMFS
Nuveen Small Cap Select ETF vs Invesco Russell 2000 Dynamic Multifactor ETF
Which is better, NSCS or OMFS?
Nearly the same fund. OMFS costs less.
OMFS has a lower expense ratio. NSCS led over the full window, OMFS over 1Y. The two have moved almost in lockstep, correlation 0.95.
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 | NSCS | OMFS |
|---|---|---|
| Expense Ratio | 0.86% | 0.39%Best |
| AUM | $7M | $264M |
| Dividend Yield | 0.31% | 1.30% |
| Holdings | 82 | 2,228 |
| Volatility (annualized) | 20.8% | 20.6%Best |
| Max Drawdown | -30.6% | -29.2%Best |
| $10,000 over 3.9 years | $10,688Best | $10,635 |
| Fund Family | Nuveen | Invesco (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Small Cap Blend |
| Inception | Aug 4, 2021 | Nov 8, 2017 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 478 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. NSCS has data through Jun 23, 2025 and OMFS through Oct 14, 2026.
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Aug 5, 2021 to Jun 23, 2025 (3.9 years).
Risk: Volatility and Drawdowns
NSCS has been the more volatile fund, with annualized monthly volatility of 20.8% compared with 20.6% for OMFS. 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 -30.6% for NSCS 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
NSCS charges 0.86% per year while OMFS charges 0.39%. On a $10,000 position that is $86 vs $39 annually, a gap of $47 per year that compounds over a long holding period. On income, NSCS currently yields 0.31% against 1.30% for OMFS.
You are not choosing between two funds in isolation.
Whichever of NSCS 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, NSCS or OMFS?
NSCS has an expense ratio of 0.86% while OMFS charges 0.39%. OMFS is the cheaper option, by $47 a year on a $10,000 investment.
Which is riskier, NSCS or OMFS?
NSCS has been the more volatile fund at 20.8% annualized versus 20.6% for OMFS. Worst drawdown: NSCS -30.6% vs OMFS -29.2%.
Should I hold both NSCS and OMFS?
NSCS and OMFS have a monthly-return correlation of 0.95, 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, NSCS or OMFS?
NSCS yields 0.31% while OMFS yields 1.30%, so OMFS currently pays the higher dividend yield.
Is OMFS better than NSCS?
OMFS has a lower expense ratio. NSCS led over the full window, OMFS over 1Y. The two have moved almost in lockstep, correlation 0.95. Which one suits a particular account depends on what it is for. This is information, not a recommendation.