MTUM vs OMFL: Differences, Returns & Fees
MTUM and OMFL hold 27% of their weight in the same names, and MTUM returned +25.8% over the year. Net assets on Oct 9, 2026: $20.3bn for iShares MSCI USA Momentum Factor ETF and $4.8bn for Invesco Russell 1000 Dynamic Multifactor ETF.
MTUM costs 0.14 points a year less; their one-year returns differ by 6.1 points; MTUM is 4.2 times larger.
| MTUM | OMFL | |
|---|---|---|
| Expense ratio | 0.15% | 0.29% |
| Net assets | $20.3bn | $4.8bn |
| Total return, 1 year | +25.8% | +19.7% |
| What it tracks | MSCI USA Momentum SR Variant Index | Russell 1000 Invesco Dynamic Multifactor Index |
| Holdings in common | 27% | |
| Holdings dated | Oct 9, 2026 | Oct 10, 2026 |
| Top ten holdings, share of the fund | 36.1% | 37.2% |
| Below its high | 7.1%, high on Jun 22, 2026 | |
Holdings in common uses holdings dated Oct 9, 2026.
What they hold in common
By the books each fund has filed, MTUM and OMFL hold 27% 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
27% in common
On the same fields
MTUM and OMFL on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.
About MTUM
MTUM tracks the MSCI USA Momentum Factor. Over the year to Oct 9, 2026 it returned +25.8% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 9, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 126 positions, with the top ten at 36.1%. It sat 7.1% below its high of Jun 22, 2026 on Oct 9, 2026.
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, MTUM or OMFL?
- In the year to Oct 9, 2026, with distributions reinvested, MTUM returned +25.8% and OMFL +19.7%.
- Which is cheaper, MTUM or OMFL?
- MTUM is cheaper, by 0.14 percentage points a year. That is about $14 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, MTUM against OMFL, data as of Oct 9, 2026. https://etfiq.com/compare/any/mtum-vs-omfl
ETFIQ. (Oct 9, 2026). MTUM against OMFL. Retrieved from https://etfiq.com/compare/any/mtum-vs-omfl
[MTUM against OMFL (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/any/mtum-vs-omfl)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.