OMFL vs USMV: Holdings Overlap
OMFLInvesco Russell 1000 Dynamic Multifactor ETF
Invesco · 478 holdings · $4.8B · as of 2026-05-31
USMViShares MSCI USA Min Vol Factor ETF
iShares · 170 holdings · $24.1B · as of 2026-04-30
Holdings snapshots are 31 days apart (OMFL: 2026-05-31, USMV: 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 USMV?
Invesco Russell 1000 Dynamic Multifactor ETF (OMFL, by Invesco) holds 478 positions; iShares MSCI USA Min Vol Factor ETF (USMV, by iShares) holds 170. They have 130 holdings in common, and by portfolio weight the two funds are 29.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 29.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 130OMFL holds 478 · USMV holds 170
- Weight in Shared Holdings
- OMFL 63%·USMV 84%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
348 of 478 positions (36.5% of the fund) are not held by USMV. Showing the top 30 by weight.
Only in USMV
40 of 170 positions (16.0% of the fund) are not held by OMFL. Showing the top 30 by weight.
Sector Breakdown
| Sector | OMFL | USMV |
|---|---|---|
| Information Technology | 33.6% | 29.2% |
| Financials | 11.1% | 13.7% |
| Health Care | 9.8% | 12.7% |
| Communication Services | 11.2% | 5.9% |
| Consumer Staples | 8.2% | 9.9% |
| Other Sectors | 26.0% | 28.3% |
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% |
| USMV | +2.3% | +7.6% | +10.3% | +12.2% | +7.4% | +9.9% | 1.44% |
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 USMV →
Shared Holdings(130)
The top 10 shared positions account for 40% of the overlap, led by NVDA, MSFT and BRK-B.
 NVDANVIDIA Corp. COM | 5.05% | 1.63% | 1.63% |
|---|---|---|---|
 MSFTMicrosoft Corp. COM | 3.14% | 1.56% | 1.56% |
 BRK-BBerkshire Hathaway, Inc., Class B | 1.54% | 1.41% | 1.41% |
 MCKMckesson Corp. COM | 1.81% | 1.30% | 1.30% |
 MAMasterCard Incorporated CL A | 1.76% | 1.15% | 1.15% |
 TJXThe TJX Companies Inc. COM | 1.11% | 1.15% | 1.11% |
 MRKMerck & Co., Inc COM | 1.03% | 1.17% | 1.03% |
 VVisa, Inc., Class A | 2.59% | 0.94% | 0.94% |
 WMTWalmart Inc COM | 1.10% | 0.87% | 0.87% |
 CSCOCisco Systems, Inc. COM | 0.83% | 1.80% | 0.83% |
 AAPLApple Inc. COM | 8.57% | 0.82% | 0.82% |
 PGRThe Progressive Corporation COM | 0.79% | 1.07% | 0.79% |
 CLColgate-Palmolive Co. COM | 0.77% | 0.89% | 0.77% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 0.78% | 0.75% | 0.75% |
 JNJJohnson & Johnson COM | 0.73% | 1.43% | 0.73% |
 MNSTMonster Beverage Corp COM | 0.83% | 0.72% | 0.72% |
 NEMNewmont Corporation COM | 0.70% | 1.18% | 0.70% |
 EAElectronic Arts Inc. COM | 0.58% | 0.85% | 0.58% |
 ADBEAdobe Inc COM | 0.94% | 0.57% | 0.57% |
 ABTAbbott Laboratories COM | 0.53% | 0.67% | 0.53% |
 PMPhilip Morris International Inc. COM | 0.70% | 0.52% | 0.52% |
 PGThe Procter & Gamble Co. COM | 0.51% | 1.10% | 0.51% |
 AVGOBroadcom Inc COM | 0.86% | 0.50% | 0.50% |
 GOOGAlphabet Inc. CAP STK CL C | 3.53% | 0.45% | 0.45% |
 MUMicron Technology Inc. COM | 2.37% | 0.42% | 0.42% |
Frequently Asked Questions
How much do OMFL and USMV overlap?
OMFL and USMV overlap by 29.8% of portfolio weight. They share 130 holdings (OMFL holds 478 positions and USMV holds 170), based on each fund's latest SEC-reported holdings.
Is it redundant to own both OMFL and USMV?
The two portfolios are 29.8% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of OMFL and USMV?
The largest positions held by both funds are NVDA, MSFT, BRK-B, MCK and MA. Together the top 10 shared positions account for 40% of the total overlap.
What does OMFL own that USMV doesn't?
348 positions (36.5% of OMFL) are unique to OMFL, led by GOOGL, LRCX and MO. In the other direction, 40 positions (16.0% of USMV) are unique to USMV.