OMFL vs SPYM: Differences, Returns & Fees
OMFL and SPYM hold 67% of their weight in the same names, and OMFL returned +19.7% over the year. Net assets: $4.8bn on Oct 9, 2026 for Invesco Russell 1000 Dynamic Multifactor ETF, and $178.5bn on Oct 8, 2026 for State Street SPDR Portfolio S&P 500 ETF.
SPYM costs 0.27 points a year less; their one-year returns differ by 2.4 points; SPYM is far larger, $178.5bn against $4.8bn.
| OMFL | SPYM | |
|---|---|---|
| Expense ratio | 0.29% | 0.02% |
| Net assets, as of Oct 8, 2026 | $4.8bn | $178.5bn |
| Total return, 1 year | +19.7% | +17.3% |
| What it tracks | Russell 1000 Invesco Dynamic Multifactor Index | S&P 500 Index ? |
| Holdings in common | 67% | |
| Holdings dated | Oct 10, 2026 | Oct 8, 2026 |
| Top ten holdings, share of the fund | 37.2% | 39.0% |
Holdings in common uses holdings dated Oct 8, 2026 and Oct 9, 2026.
What they hold in common
By the books each fund has filed, OMFL and SPYM hold 67% 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 8, 2026 and Oct 9, 2026.
half
67% in common
On the same fields
OMFL and SPYM on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.
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%.
About SPYM
SPYM tracks the S&P 500. Over the year to Oct 9, 2026 it returned +17.3% with distributions reinvested, against +17.3% for its benchmark, the S&P 500 Index ?. The prospectus expense ratio is 0.02% a year. By its holdings published by its issuer for Oct 8, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 506 positions, with the top ten at 39.0%.
Questions people ask
- Which returned more over the last year, OMFL or SPYM?
- In the year to Oct 9, 2026, with distributions reinvested, OMFL returned +19.7% and SPYM +17.3%.
- Which is cheaper, OMFL or SPYM?
- SPYM is cheaper, by 0.27 percentage points a year. That is about $27 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, OMFL against SPYM, data as of Oct 9, 2026. https://etfiq.com/compare/any/omfl-vs-spym
ETFIQ. (Oct 9, 2026). OMFL against SPYM. Retrieved from https://etfiq.com/compare/any/omfl-vs-spym
[OMFL against SPYM (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/any/omfl-vs-spym)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.