ETF comparison
OMFL vs SPY
Multi-Factor vs US Large Cap.
Invesco Russell 1000 Dynamic Multifactor ETF · State Street SPDR S&P 500 ETF Trust
Holdings overlap
407 positions appear in both funds. Buying equal dollars of OMFL and SPY would leave roughly 67.8% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
SPY is 20 bps cheaper than OMFL. On a $100,000 position that's about $196/yr more in fees for OMFL.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with OMFL vs SPY.
Top shared holdings
407 shared in total| # | Holding | In OMFL | In SPY | Overlap |
|---|---|---|---|---|
| 1 | Apple Inc. | 8.53% | 7.69% | 7.69% |
| 2 | Microsoft Corp. | 6.45% | 6.22% | 6.22% |
| 3 | NVIDIA Corp. | 5.22% | 7.30% | 5.22% |
| 4 | Alphabet Inc. | 2.94% | 2.56% | 2.56% |
| 5 | Alphabet Inc. | 2.37% | 2.06% | 2.06% |
| 6 | Amazon.com, Inc. | 1.94% | 3.94% | 1.94% |
| 7 | Eli Lilly and Co. | 1.92% | 1.71% | 1.71% |
| 8 | Visa Inc. | 3.00% | 1.12% | 1.12% |
| 9 | Meta Platforms, Inc. | 1.10% | 2.09% | 1.10% |
| 10 | ExxonMobil Holdings Corp. | 1.23% | 1.05% | 1.05% |
| 11 | Johnson & Johnson | 1.47% | 1.00% | 1.00% |
| 12 | Micron Technology, Inc. | 0.97% | 1.35% | 0.97% |
Only in OMFL
225 total- Corteva, Inc. 0.29%
- Brookfield Asset Management Ltd. 0.12%
- AngloGold Ashanti PLC 0.12%
- Curtiss-Wright Corp. 0.12%
- United Therapeutics Corp. 0.11%
- TechnipFMC PLC 0.09%
- Southern Copper Corp. 0.09%
- Mueller Industries, Inc. 0.08%
- Neurocrine Biosciences, Inc. 0.08%
- Graco Inc. 0.08%
Only in SPY
97 total- INTEL CORP 0.44%
- ORACLE CORP 0.37%
- CITIGROUP INC 0.32%
- WELLTOWER INC 0.27%
- SANDISK CORP 0.23%
- LOWE S COS INC 0.19%
- SEAGATE TECHNOLOGY HOLDINGS 0.19%
- MARATHON PETROLEUM CORP 0.17%
- BANK OF NEW YORK MELLON CORP 0.16%
- PHILLIPS 66 0.16%
Related comparisons
More comparisons with OMFL
- OMFL vs SCHB · Schwab U.S. Broad Market ETF 64.5%
- OMFL vs SPYM · State Street SPDR Portfolio S&P 500 ETF 64.3%
- OMFL vs VOO · Vanguard S&P 500 ETF 64.3%
- OMFL vs IVV · iShares Core S&P 500 ETF 64.2%
- OMFL vs VTI · Vanguard Morningstar Total Stock Market ETF 62.8%
- OMFL vs ITOT · iShares Core S&P Total U.S. Stock Market ETF 62.6%
More comparisons with SPY
- SPY vs DFAC · DFA U.S. Core Equity 2 Portfolio-ETF Class Shares 66.5%
- SPY vs LRGF · iShares U.S. Equity Factor ETF 64.8%
- SPY vs VOOG · Vanguard S&P 500 Growth Index Fund ETF Shares 63.9%
- SPY vs PRF · Invesco RAFI US 1000 ETF 63.2%
- SPY vs FELC · Fidelity Enhanced Large Cap Core ETF 62.6%
- SPY vs XLG · Invesco S&P 500 Top 50 ETF 62.5%
Percentages are holdings overlap with the named fund.
Open OMFL or SPY at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.