TheEdgeResearch
Home / Stocks / OMFL

Invesco Russell 1000 Dynamic Multifactor ETF (OMFL)

CBOE Financial Services Asset Management - Global
$69.00 ▲ +1.08%
Market Cap
$4.74B
Sector
Financial Services
Industry
Asset Management - Global
Beta
0.96
52-Wk Range
57.12-69.46
CEO
Country
US
Currency
USD

The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) aims to track the performance of the Russell 1000 Invesco Dynamic Multifactor Index. This exchange-traded fund allocates a minimum of 80% of its total assets to the securities that make up its benchmark index. The Index employs a systematic methodology to adjust the weighting of large-capitalization companies found within the broader Russell 1000 Index. These adjustments are driven by prevailing economic conditions and market cycles, specifically identifying phases of expansion, slowdown, contraction, or recovery. Individual securities re…

Open full interactive analysis & DCF →