OMFL vs YLDE
Invesco Russell 1000 Dynamic Multifactor ETF vs Franklin ClearBridge Enhanced Income ETF
Which is better, OMFL or YLDE?
Each has led over a different period.
OMFL has a lower expense ratio. OMFL led over 1Y and the full window, YLDE over 3Y and 5Y. YLDE is less concentrated, with 32.6% 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 | OMFL | YLDE |
|---|---|---|
| Expense Ratio | 0.29%Best | 0.48% |
| AUM | $4.8B | $173M |
| Dividend Yield | 0.84% | 7.02% |
| Holdings | 1,272 | 110 |
| YTD Return | +15.31%Best | +8.88% |
| 1Y Return | +18.97%Best | +11.41% |
| 3Y Return (annualized) | +16.52% | +16.86%Best |
| 5Y Return (annualized) | +9.22% | +10.66%Best |
| Volatility (annualized) | 17.2% | 15.1%Best |
| Max Drawdown | -33.2%Best | -33.3% |
| $10,000 over 5 years | $15,542 | $16,594Best |
| Top 10 Weight | 37.0% | 32.6%Best |
| Fund Family | Invesco (US) | Franklin Templeton Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 8, 2017 | May 22, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Nov 10, 2017 to Oct 14, 2026 (8.9 years).
OMFL vs YLDE 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 8.9 years both funds cover.
OMFL vs YLDE Performance
Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is an ETF from Invesco (US) and Franklin ClearBridge Enhanced Income ETF (YLDE) is an ETF from Franklin Templeton Investments (US). Over the past year OMFL returned +18.97% while YLDE returned +11.41%. Year to date, OMFL is up 15.31% versus a gain of 8.88% for YLDE.
Over three years, OMFL compounded at +16.52% per year against +16.86% for YLDE; over five years the annualized figures are +9.22% and +10.66% respectively. Across the full 9-year window we track, OMFL has the edge at +13.86% annualized vs +11.12%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OMFL has been the more volatile fund, with annualized monthly volatility of 17.2% compared with 15.1% for YLDE. 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 -33.2% for OMFL and -33.3% for YLDE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OMFL charges 0.29% per year while YLDE charges 0.48%. On a $10,000 position that is $29 vs $48 annually, a gap of $19 per year that compounds over a long holding period. On income, OMFL currently yields 0.84% against 7.02% for YLDE.
Holdings Overlap
36.6% of OMFL's money is in holdings YLDE also owns. 77.6% of YLDE's money is in holdings OMFL also owns.
Most of YLDE is already inside OMFL. Owning both mostly buys the same companies twice.
36 positions in common, counted across the 577 positions we hold weights for in OMFL and 48 in YLDE, against full books of 1,272 and 110.
What only one of them owns
Our book lists 8 positions for YLDE that do not appear in our book for OMFL (14.8% of the fund), and 514 for OMFL that do not appear in YLDE (62.4%).
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 OMFL | Weight in YLDE | Difference |
|---|---|---|---|
| AAPLApple, Inc | 9.03% | 2.18% | 6.85% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 6.62% | 3.67% | 2.95% |
| NVDANvidia Corp. | 5.56% | 3.50% | 2.06% |
| GOOGLAlphabet Inc Cap Stk Cl A | 2.99% | 3.41% | 0.42% |
| XOMExxon Mobil Corp. | 1.26% | 4.52% | 3.26% |
| VVisa Inc-class A Shares | 2.86% | 1.92% | 0.94% |
| WMBWilliams Cos. Inc. | 0.02% | 4.32% | 4.30% |
| METAMeta Platform Inc | 1.40% | 2.10% | 0.70% |
| JNJJohnson & Johnson - Common | 1.42% | 2.02% | 0.60% |
| AVGOBroadcom Inc | 0.82% | 2.05% | 1.23% |
77.6% of YLDE 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, OMFL or YLDE?
OMFL has an expense ratio of 0.29% while YLDE charges 0.48%. OMFL is the cheaper option, by $19 a year on a $10,000 investment.
Which performed better, OMFL or YLDE?
Over the past year OMFL returned +18.97% vs +11.41% for YLDE, so OMFL leads on 1-year performance. Over the longest common window we track (9 years), OMFL annualized +13.86% vs +11.12% for YLDE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OMFL or YLDE?
OMFL has been the more volatile fund at 17.2% annualized versus 15.1% for YLDE. Worst drawdown: OMFL -33.2% vs YLDE -33.3%.
Should I hold both OMFL and YLDE?
OMFL and YLDE have a monthly-return correlation of 0.87, 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 OMFL and YLDE?
77.6% of YLDE's money is in holdings OMFL also owns. 77.6% of YLDE's is in holdings OMFL also owns. They hold 36 positions in common, counted across the 577 positions we hold weights for in OMFL and 48 in YLDE.
Which pays a higher dividend, OMFL or YLDE?
OMFL yields 0.84% while YLDE yields 7.02%, so YLDE currently pays the higher dividend yield.
Is YLDE better than OMFL?
OMFL has a lower expense ratio. OMFL led over 1Y and the full window, YLDE over 3Y and 5Y. YLDE is less concentrated, with 32.6% 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.