OMFL vs QUAL: Holdings Overlap
OMFLInvesco Russell 1000 Dynamic Multifactor ETF
Invesco · 478 holdings · $4.8B · as of 2026-05-31
QUALiShares MSCI USA Quality Factor ETF
iShares · 121 holdings · $47.8B · as of 2026-04-30
Holdings snapshots are 31 days apart (OMFL: 2026-05-31, QUAL: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are OMFL and QUAL?
Invesco Russell 1000 Dynamic Multifactor ETF (OMFL, by Invesco) holds 478 positions; iShares MSCI USA Quality Factor ETF (QUAL, by iShares) holds 121. They have 109 holdings in common, and by portfolio weight the two funds are 52.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 52.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 109OMFL holds 478 · QUAL holds 121
- Weight in Shared Holdings
- OMFL 64%·QUAL 96%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
369 of 478 positions (36.0% of the fund) are not held by QUAL. Showing the top 30 by weight.
Sector Breakdown
| Sector | OMFL | QUAL |
|---|---|---|
| Information Technology | 33.6% | 34.4% |
| Financials | 11.1% | 11.6% |
| Communication Services | 11.2% | 11.0% |
| Consumer Discretionary | 9.4% | 9.8% |
| Health Care | 9.8% | 9.0% |
| Other Sectors | 24.8% | 24.0% |
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% |
| QUAL | +3.6% | +14.1% | +23.7% | +19.0% | +11.5% | +14.4% | 0.84% |
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 QUAL →
Shared Holdings(109)
The top 10 shared positions account for 56% of the overlap, led by AAPL, NVDA and MSFT.
 AAPLApple Inc. COM | 8.57% | 6.27% | 6.27% |
|---|---|---|---|
 NVDANVIDIA Corp. COM | 5.05% | 6.50% | 5.05% |
 MSFTMicrosoft Corp. COM | 3.14% | 5.04% | 3.14% |
 VVisa, Inc., Class A | 2.59% | 3.08% | 2.59% |
 GOOGLAlphabet Inc. CAP STK CL A | 4.38% | 2.53% | 2.53% |
 LRCXLam Research Corporation COM NEW | 2.17% | 3.22% | 2.17% |
 GOOGAlphabet Inc. CAP STK CL C | 3.53% | 2.11% | 2.11% |
 METAMeta Platforms, Inc., Class A | 1.84% | 3.49% | 1.84% |
 MAMasterCard Incorporated CL A | 1.76% | 2.30% | 1.76% |
 BRK-BBerkshire Hathaway, Inc., Class B | 1.54% | 2.11% | 1.54% |
 QCOMQUALCOMM Inc. COM | 2.75% | 1.41% | 1.41% |
 COSTCostco Wholesale Corporation COM | 1.34% | 1.31% | 1.31% |
 AMATApplied Materials Inc. COM | 1.19% | 2.45% | 1.19% |
 TJXThe TJX Companies Inc. COM | 1.11% | 3.19% | 1.11% |
 WMTWalmart Inc COM | 1.10% | 1.23% | 1.10% |
 MRKMerck & Co., Inc COM | 1.03% | 1.08% | 1.03% |
 KLACKLA Corp. COM NEW | 0.97% | 2.78% | 0.97% |
 ADBEAdobe Inc COM | 0.94% | 1.19% | 0.94% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 0.78% | 0.83% | 0.78% |
 JNJJohnson & Johnson COM | 0.73% | 1.92% | 0.73% |
 ABTAbbott Laboratories COM | 0.53% | 0.55% | 0.53% |
 PGThe Procter & Gamble Co. COM | 0.51% | 0.93% | 0.51% |
 GWWW.w. Grainger Inc. COM | 0.46% | 0.49% | 0.46% |
 FASTFastenal Co. COM | 0.48% | 0.44% | 0.44% |
 NEMNewmont Corporation COM | 0.70% | 0.42% | 0.42% |
Frequently Asked Questions
How much do OMFL and QUAL overlap?
OMFL and QUAL overlap by 52.1% of portfolio weight. They share 109 holdings (OMFL holds 478 positions and QUAL holds 121), based on each fund's latest SEC-reported holdings.
Is it redundant to own both OMFL and QUAL?
The two portfolios are 52.1% 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 QUAL?
The largest positions held by both funds are AAPL, NVDA, MSFT, V and GOOGL. Together the top 10 shared positions account for 56% of the total overlap.
What does OMFL own that QUAL doesn't?
369 positions (36.0% of OMFL) are unique to OMFL, led by MU, CVX and MCK. In the other direction, 12 positions (3.4% of QUAL) are unique to QUAL.