OMFS - Invesco Russell 2000® Dynamic Multifactor ETF

Equity - US Equity

Product Details

The Invesco Russell 2000 Dynamic Multifactor ETF (the “Fund”) is based on the Russell 2000 Invesco Dynamic Multifactor Index (the “Index”). The Fund will invest at least 80% of its total assets in the securities that comprise the Index. The Index is constructed using a rules-based approach that re-weights small-cap securities of the Russell 2000 Index according to economic cycles and market conditions, reflected by expansion, slowdown, contraction or recovery. The securities are assigned a multi-factor score from one of five investment styles: value, momentum, quality, low volatility and size. The Fund and Index are reconstituted and rebalanced based on economic indicator signal changes, as frequently as monthly.

as of 11/30/2019 09/30/2019

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Russell 2000 Invesco Dynamic Multifactor Index 22.52 7.30 N/A N/A N/A 7.65
Russell 2000 Index 22.01 7.51 8.57 8.22 12.38 6.02
Fund History (%)
Fund NAV 21.98 6.78 N/A N/A N/A 7.16
After Tax Held 21.47 6.18 N/A N/A N/A 6.71
After Tax Sold 12.99 4.04 N/A N/A N/A 5.35
Fund Market Price 22.05 6.85 N/A N/A N/A 7.21
  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Russell 2000 Invesco Dynamic Multifactor Index 17.51 -1.95 N/A N/A N/A 5.98
Russell 2000 Index 14.18 -8.89 8.23 8.19 11.19 2.90
Fund History (%)
Fund NAV 16.98 -2.50 N/A N/A N/A 5.46
After Tax Held 16.49 -3.04 N/A N/A N/A 4.97
After Tax Sold 10.05 -1.43 N/A N/A N/A 4.04
Fund Market Price 17.23 -2.21 N/A N/A N/A 5.60

Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.

As the result of a reorganization on May 24, 2019, the returns of the fund for periods on or prior to May 24, 2019 reflect performance of the Oppenheimer predecessor fund.

as of 09/30/2019

Growth of $10,000

Data beginning Fund inception and ending 09/30/2019. Fund performance shown at NAV.

An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

as of 12/11/2019

Sector Allocation

Sector Percent of Fund
Financials 23.15%
Industrials 19.12%
Consumer Discretionary 18.81%
Materials 7.63%
Energy 7.53%
Health Care 7.13%
Information Technology 7.11%
Communication Services 3.04%
Consumer Staples 3.03%
Real Estate 2.55%
Utilities 0.91%
as of 12/11/2019

Market Cap & Style Allocations

Large-Cap Value -
Large-Cap Blend -
Large-Cap Growth -
Mid-Cap Value -
Mid-Cap Blend -
Mid-Cap Growth -
Small-Cap Value 48.61%
Small-Cap Blend 38.19%
Small-Cap Growth 13.20%

as of 12/11/2019 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
STMP Stamps.com Inc 0.81
AKS AK Steel Holding Corp 0.73
COLL Collegium Pharmaceutical Inc 0.66
RDNT RadNet Inc 0.57
IMKTA Ingles Markets Inc 0.55
SAH Sonic Automotive Inc 0.51
BZH Beazer Homes USA Inc 0.48
COOP Mr Cooper Group Inc 0.45
OMN OMNOVA Solutions Inc 0.44
OMI Owens & Minor Inc 0.44

Distributions | HideView All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
09/23/2019 09/24/2019 09/30/2019 0.08860 0.08860 - - -
06/24/2019 06/25/2019 06/28/2019 0.09580 0.09580 - - -
03/19/2019 03/20/2019 03/21/2019 0.08715 0.08715 - - -
12/26/2018 12/27/2018 12/28/2018 0.12191 0.12191 - - -
09/25/2018 09/26/2018 09/27/2018 0.13478 0.13478 - - -
06/19/2018 06/20/2018 06/21/2018 0.06068 0.06068 - - -
03/16/2018 03/17/2018 03/20/2018 0.02988 0.02988 - - -
12/28/2017 12/29/2017 01/02/2018 0.08846 0.08846 - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
09/30/2019 64 38 4 0 0 0 0
03/31/2019 61 37 0 0 0 0 0
12/31/2018 63 49 0 0 0 0 0
09/30/2018 63 34 0 0 0 0 0
Year Ended 2018 251 155 0 0 0 0 0
    Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
09/30/2019 64 22 0 0 0 0 0
03/31/2019 61 24 0 0 0 0 0
12/31/2018 63 14 0 0 0 0 0
09/30/2018 63 29 0 0 0 0 0
Year Ended 2018 251 96 0 0 0 0 0

Fund Inception : 11/08/2017

 Risk & Other Information

Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

Investments focused in a particular sector, such as basic materials, communication services, consumer discretionary and staples, energy, financials, healthcare, industrials, information technology, real estate securities and utilities, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

A value style of investing is subject to the risk that the valuations never improve or that the returns will trail other styles of investing or the overall stock markets.

Momentum style of investing is subject to the risk that the securities may be more volatile than the market as a whole or returns on securities that have previously exhibited price momentum are less than returns on other styles of investing.

Companies that issue quality stocks may experience lower than expected returns or may experience negative growth, as well as increased leverage, resulting in lower than expected or negative returns to Fund shareholders.

There is no assurance that such ETFs will provide low volatility.

Stocks of small-capitalization companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale than large companies.

The Fund is subject to numerous market trading risks, including the potential lack of an active market, losses from trading in secondary markets, and disruption in the creation/redemption process. During stressed market conditions, Shares may become less liquid as result of deteriorating liquidity which could lead to differences in the market price and the underlying value of those Shares.

Increased volatility may result from increased cash flows to the Fund and other market participants that continuously or systematically buy large holdings of small- or mid-cap companies, which can drive prices up and down more dramatically. Announcements that a security has been added to a widely followed index may cause the price of that security to increase, and decrease when deleted from the index.

The fund may engage in frequent trading of its portfolio securities in connection with the rebalancing or adjustment of the Underlying Index.

The Fund is non-diversified and may experience greater volatility than a more diversified investment.

The Russell 2000 Index is an unmanaged index considered representative of small-cap stocks. The Russell 2000 Index is a trademark/service mark of the Frank Russell Co. Russell® is a trademark of the Frank Russell Co.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

The Russell 2000 Invesco Dynamic Multifactor Index (“Index”) is a trademark of Frank Russell Company (“Russell”) and has been licensed for use by the Manager and the Fund. The Invesco Russell 2000 Dynamic Multifactor ETF (“Licensed Fund”) is not in any way sponsored, endorsed, sold or promoted by Russell, the London Stock Exchange Group companies (“LSEG”) or Invesco Capital Management LLC (together the “Licensor Parties”) and none of the Licensor Parties make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to (i) the results to be obtained from the use of the Index (upon which the Licensed Fund is based), (ii) the figure at which the Index is said to stand at any particular time on any particular day or otherwise, or (iii) the suitability of the Index for the purpose to which it is being put in connection with the Licensed Fund. None of the Licensor Parties have provided or will provide any financial or investment advice or recommendation in relation to the Index to the Manager or to its clients. The Index is calculated by Russell or its agent. None of the Licensor Parties shall be (a) liable (whether in negligence or otherwise) to any person for any error in the Index or (b) under any obligation to advise any person of any error therein.

as of 12/12/2019
12:59 PM EST

OMFS
Intraday Stats

  • Last Trade $28.69
  • Current IIV $28.78
  • Change $0.31
  • % Change 1.09%
as of 12/11/2019
  • NAV at market close $28.39
as of 12/11/2019

Fund Yield

  • SEC 30 Day Yield 1.12%
  • Distribution Rate 1.25%
  • 12 Month Distribution Rate 1.39%
  • 30-Day SEC Unsubsidized Yield
    as of 12/11/2019
    1.12%
as of 12/11/2019

Prior Close

  • Closing Price $28.38
  • Bid/Ask Midpoint $28.38
  • Bid/Ask Prem/Disc -$0.01
  • Bid/Ask Prem/Disc -0.04%
as of 09/30/2019

Fund Characteristics

  • Price/Earnings Ratio1 61.56
  • Forward Price/Earnings Ratio 19.10
  • Price/Book Ratio1 0.95
  • ROE2 12.74%
  • Avg Market Cap2 $531MM

1 Weighted Harmonic Average

2 Weighted Average

Source for Fund Characteristics calculations: FactSet

Fund Details

  • Fund Ticker OMFS
  • CUSIP # 46138J593
  • ISIN US46138J5939
  • Intraday NAV OMFSIV
  • Index Ticker OMFSPR
  • Index Provider FTSE Russell
  • Management Fee 0.39%
  • Total Expense Ratio 0.39%
  • Marginable No
  • Short Selling No
  • Options No
  • Exchange Cboe BZX Exchange, Inc.
  • Inception Date 11/08/2017
  • # of Holdings 728
    as of 12/11/2019
as of 12/12/2019

Quick Facts

  • Previous Close $28.38
  • Open $28.69
  • Today's High $28.69
  • Today's Low $28.69
  • Today's Volume 484
  • 1,101 30-Day Avg Trading
    Volume
  • 52 Week High $28.69
  • 52 Week Low $22.01
  • Shares Outstanding 2.15MM
  • Market Value $61.0MM