OMFL vs PBUS: Holdings Overlap
OMFLInvesco Russell 1000 Dynamic Multifactor ETF
Invesco · 478 holdings · $4.8B · as of 2026-05-31
Invesco · 537 holdings · $11.4B · as of 2026-05-31
How similar are OMFL and PBUS?
Invesco Russell 1000 Dynamic Multifactor ETF (OMFL, by Invesco) holds 478 positions; Invesco MSCI USA ETF (PBUS, by Invesco) holds 537. They have 338 holdings in common, and by portfolio weight the two funds are 51.3% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 51.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 338OMFL holds 478 · PBUS holds 537
- Weight in Shared Holdings
- OMFL 94%·PBUS 82%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in OMFL
140 of 478 positions (6.0% of the fund) are not held by PBUS. Showing the top 30 by weight.
Sector Breakdown
| Sector | OMFL | PBUS |
|---|---|---|
| Information Technology | 33.6% | 38.0% |
| Communication Services | 11.2% | 10.7% |
| Financials | 11.1% | 11.1% |
| Health Care | 9.8% | 8.3% |
| Consumer Discretionary | 9.4% | 9.7% |
| Other Sectors | 24.8% | 21.8% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| OMFL | +3.5% | +17.0% | +23.0% | +13.4% | +9.8% | — | 0.78% |
| PBUS | +3.4% | +14.0% | +23.4% | +21.4% | +12.9% | — | 0.99% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in OMFL vs PBUS →
Shared Holdings(338)
The top 10 shared positions account for 55% of the overlap, led by AAPL, NVDA and GOOGL.
 AAPLApple Inc. | 8.57% | 6.94% | 6.94% |
|---|---|---|---|
 NVDANVIDIA Corp. | 5.05% | 7.77% | 5.05% |
 GOOGLAlphabet Inc., Class A | 4.38% | 3.35% | 3.35% |
 MSFTMicrosoft Corp. | 3.14% | 4.81% | 3.14% |
 GOOGAlphabet Inc., Class C | 3.53% | 2.77% | 2.77% |
 METAMeta Platforms, Inc., Class A | 1.84% | 2.09% | 1.84% |
 MUMicron Technology, Inc. | 2.37% | 1.65% | 1.65% |
 AMZNAmazon.com, Inc. | 1.65% | 3.94% | 1.65% |
 BRK-BBerkshire Hathaway Inc., Class B | 1.54% | 0.99% | 0.99% |
 AVGOBroadcom Inc. | 0.86% | 3.05% | 0.86% |
 VVisa Inc., Class A | 2.59% | 0.83% | 0.83% |
 WMTWalmart Inc. | 1.10% | 0.77% | 0.77% |
 JNJJohnson & Johnson | 0.73% | 0.82% | 0.73% |
 CSCOCisco Systems, Inc. | 0.83% | 0.72% | 0.72% |
 COSTCostco Wholesale Corp. | 1.34% | 0.64% | 0.64% |
 MAMastercard Inc., Class A | 1.76% | 0.63% | 0.63% |
 LRCXLam Research Corp. | 2.17% | 0.60% | 0.60% |
 AMATApplied Materials, Inc. | 1.19% | 0.54% | 0.54% |
 CVXChevron Corp. | 1.91% | 0.53% | 0.53% |
 PGProcter & Gamble Co. (The) | 0.51% | 0.51% | 0.51% |
 MRKMerck & Co., Inc. | 1.03% | 0.45% | 0.45% |
 PMPhilip Morris International Inc. | 0.70% | 0.42% | 0.42% |
 QCOMQUALCOMM Inc. | 2.75% | 0.40% | 0.40% |
 GEVGE Vernova Inc. | 0.55% | 0.40% | 0.40% |
 KLACKLA Corp. | 0.97% | 0.38% | 0.38% |
Showing the top 250 of 338 shared holdings by overlap weight.
Frequently Asked Questions
How much do OMFL and PBUS overlap?
OMFL and PBUS overlap by 51.3% of portfolio weight. They share 338 holdings (OMFL holds 478 positions and PBUS holds 537), based on each fund's latest SEC-reported holdings.
Is it redundant to own both OMFL and PBUS?
The two portfolios are 51.3% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of OMFL and PBUS?
The largest positions held by both funds are AAPL, NVDA, GOOGL, MSFT and GOOG. Together the top 10 shared positions account for 55% of the total overlap.
What does OMFL own that PBUS doesn't?
140 positions (6.0% of OMFL) are unique to OMFL, led by EXEL, SEIC and FTI. In the other direction, 199 positions (17.8% of PBUS) are unique to PBUS.