OMFL vs SPMO: Holdings Overlap
OMFLInvesco Russell 1000 Dynamic Multifactor ETF
Invesco · 478 holdings · $4.8B · as of 2026-05-31
SPMOInvesco S&P 500 Momentum ETF
Invesco · 99 holdings · $21.3B · as of 2026-05-31
How similar are OMFL and SPMO?
Invesco Russell 1000 Dynamic Multifactor ETF (OMFL, by Invesco) holds 478 positions; Invesco S&P 500 Momentum ETF (SPMO, by Invesco) holds 99. They have 64 holdings in common, and by portfolio weight the two funds are 30.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 30.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 64OMFL holds 478 · SPMO holds 99
- Weight in Shared Holdings
- OMFL 35%·SPMO 81%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
414 of 478 positions (65.2% of the fund) are not held by SPMO. Showing the top 30 by weight.
Sector Breakdown
| Sector | OMFL | SPMO |
|---|---|---|
| Information Technology | 33.6% | 54.9% |
| Industrials | 9.7% | 12.4% |
| Communication Services | 11.2% | 8.8% |
| Financials | 11.1% | 5.7% |
| Health Care | 9.8% | 6.2% |
| Other Sectors | 24.6% | 12.1% |
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% |
| SPMO | +0.2% | +26.0% | +29.7% | +39.1% | +20.9% | +20.0% | 0.70% |
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 SPMO →
Shared Holdings(64)
The top 10 shared positions account for 74% of the overlap, led by NVDA, GOOGL and GOOG.
 NVDANVIDIA Corp. | 5.05% | 8.46% | 5.05% |
|---|---|---|---|
 GOOGLAlphabet Inc., Class A | 4.38% | 4.81% | 4.38% |
 GOOGAlphabet Inc., Class C | 3.53% | 3.82% | 3.53% |
 MUMicron Technology, Inc. | 2.37% | 10.73% | 2.37% |
 LRCXLam Research Corp. | 2.17% | 3.54% | 2.17% |
 AMATApplied Materials, Inc. | 1.19% | 1.77% | 1.19% |
 KLACKLA Corp. | 0.97% | 1.39% | 0.97% |
 AVGOBroadcom Inc. | 0.86% | 7.58% | 0.86% |
 CSCOCisco Systems, Inc. | 0.83% | 2.02% | 0.83% |
 WDCWestern Digital Corp. | 0.77% | 1.77% | 0.77% |
 JNJJohnson & Johnson | 0.73% | 3.85% | 0.73% |
 NEMNewmont Corp. | 0.70% | 1.10% | 0.70% |
 PMPhilip Morris International Inc. | 0.70% | 1.29% | 0.70% |
 GEVGE Vernova Inc. | 0.55% | 1.33% | 0.55% |
 MOAltria Group, Inc. | 1.72% | 0.47% | 0.47% |
 MCKMcKesson Corp. | 1.81% | 0.46% | 0.46% |
 MNSTMonster Beverage Corp. | 0.83% | 0.45% | 0.45% |
 MPWRMonolithic Power Systems, Inc. | 0.28% | 0.32% | 0.28% |
 GILDGilead Sciences, Inc. | 0.27% | 0.83% | 0.27% |
 FCXFreeport-McMoRan Inc. | 0.24% | 0.41% | 0.24% |
 GDGeneral Dynamics Corp. | 0.21% | 0.45% | 0.21% |
 FIXComfort Systems USA, Inc. | 0.21% | 0.47% | 0.21% |
 IDXXIDEXX Laboratories, Inc. | 0.32% | 0.19% | 0.19% |
 CATCaterpillar Inc. | 0.18% | 2.60% | 0.18% |
 EBAYeBay Inc. | 0.35% | 0.18% | 0.18% |
Frequently Asked Questions
How much do OMFL and SPMO overlap?
OMFL and SPMO overlap by 30.1% of portfolio weight. They share 64 holdings (OMFL holds 478 positions and SPMO holds 99), based on each fund's latest SEC-reported holdings.
Is it redundant to own both OMFL and SPMO?
The two portfolios are 30.1% 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 SPMO?
The largest positions held by both funds are NVDA, GOOGL, GOOG, MU and LRCX. Together the top 10 shared positions account for 74% of the total overlap.
What does OMFL own that SPMO doesn't?
414 positions (65.2% of OMFL) are unique to OMFL, led by AAPL, MSFT and QCOM. In the other direction, 35 positions (19.3% of SPMO) are unique to SPMO.