IWV vs OMFL: Differences, Returns & Fees
IWV and OMFL hold 65% of their weight in the same names, and OMFL returned +19.7% over the year. Net assets on Oct 9, 2026: $20.6bn for iShares Russell 3000 ETF and $4.8bn for Invesco Russell 1000 Dynamic Multifactor ETF.
IWV costs 0.09 points a year less; their one-year returns differ by 3.0 points; IWV is 4.3 times larger.
| IWV | OMFL | |
|---|---|---|
| Expense ratio | 0.20% | 0.29% |
| Net assets | $20.6bn | $4.8bn |
| Total return, 1 year | +16.7% | +19.7% |
| What it tracks | Russell 3000 Index | Russell 1000 Invesco Dynamic Multifactor Index |
| Holdings in common | 65% | |
| Holdings dated | Oct 9, 2026 | Oct 10, 2026 |
| Top ten holdings, share of the fund | 34.7% | 37.2% |
Holdings in common uses holdings dated Oct 9, 2026.
What they hold in common
By the books each fund has filed, IWV and OMFL hold 65% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 9, 2026.
half
65% in common
On the same fields
IWV and OMFL on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.
About IWV
IWV tracks an index. Over the year to Oct 9, 2026 it returned +16.7% with distributions reinvested, against +16.8% for its benchmark, the Russell 3000 Index. The prospectus expense ratio is 0.20% a year. By its holdings published by its issuer for Oct 9, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 2,600 positions, with the top ten at 34.7%.
About OMFL
OMFL tracks an index. Over the year to Oct 9, 2026 it returned +19.7% with distributions reinvested. The prospectus expense ratio is 0.29% a year. By its holdings published by its issuer for Oct 10, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 635 positions, with the top ten at 37.2%.
Questions people ask
- Which returned more over the last year, IWV or OMFL?
- In the year to Oct 9, 2026, with distributions reinvested, IWV returned +16.7% and OMFL +19.7%.
- Which is cheaper, IWV or OMFL?
- IWV is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, IWV against OMFL, data as of Oct 9, 2026. https://etfiq.com/compare/any/iwv-vs-omfl
ETFIQ. (Oct 9, 2026). IWV against OMFL. Retrieved from https://etfiq.com/compare/any/iwv-vs-omfl
[IWV against OMFL (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/any/iwv-vs-omfl)
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