Oppenheimer Russell 1000 Etf Profile
| OMFL Etf | USD 55.56 0.31 0.56% |
Performance14 of 100
| Odds Of DistressLess than 9
|
Oppenheimer Russell is selling for 55.56 as of the 30th of November 2024. This is a 0.56% up since the beginning of the trading day. The etf's lowest day price was 55.33. Oppenheimer Russell has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Oppenheimer Russell 1000 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund generally will invest at least 80 percent of its total assets in the securities that comprise the underlying index. Oppenheimer Russell is traded on BATS Exchange in the United States. More on Oppenheimer Russell 1000
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Oppenheimer Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Large Cap ETFs, Large Blend, Invesco (View all Sectors) |
| Issuer | Invesco |
| Inception Date | 2017-11-08 |
| Benchmark | Russell 1000 OFI Dynamic Multifactor Index |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 380,894.4 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | OFI Advisors, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | OppenheimerFunds Distributor, Inc. |
| Portfolio Manager | Frank Vallario, Donal Bishnoi |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Jun |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 503 |
| Market Maker | RBC Capital Markets |
| Total Expense | 0.29 |
| Management Fee | 0.29 |
| Country Name | USA |
| Returns Y T D | 8.67 |
| Name | Oppenheimer Russell 1000 Dynamic Multifactor |
| Currency Code | USD |
| Open Figi | BBG00P4Y3FY1 |
| In Threey Volatility | 18.71 |
| 1y Volatility | 17.11 |
| 200 Day M A | 52.5703 |
| 50 Day M A | 53.717 |
| Code | OMFL |
| Updated At | 29th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.09 |
Oppenheimer Russell 1000 [OMFL] is traded in USA and was established 2017-11-08. The fund is listed under Large Blend category and is part of Invesco family. The entity is thematically classified as Size And Style ETFs. Oppenheimer Russell 1000 now have 2.08 B in assets. , while the total return for the last 3 years was 5.5%.
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Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Oppenheimer Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Oppenheimer Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Oppenheimer Russell 1000 Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Oppenheimer Russell 1000 Etf Constituents
| DHI | DR Horton | Stock | Consumer Discretionary | |
| WDC | Western Digital | Stock | Information Technology | |
| BBY | Best Buy Co | Stock | Consumer Discretionary | |
| ON | ON Semiconductor | Stock | Information Technology | |
| CAH | Cardinal Health | Stock | Health Care | |
| KR | Kroger Company | Stock | Consumer Staples | |
| COST | Costco Wholesale Corp | Stock | Consumer Staples | |
| CDW | CDW Corp | Stock | Information Technology |
Oppenheimer Russell Top Holders
| OAMIX | Oppenheimer Moderate Investor | Mutual Fund | Allocation--50% to 70% Equity | |
| PKRUX | Invesco Peak Retirement | Mutual Fund | Target-Date 2050 | |
| QGRYX | Oppenheimer Gbl Alloc | Mutual Fund | World Allocation | |
| AADYX | Invesco Growth Allocation | Mutual Fund | Allocation--70% to 85% Equity | |
| PKTHX | Invesco Peak Retirement | Mutual Fund | Target-Date 2020 | |
| PKRTX | Invesco Peak Retirement | Mutual Fund | Target-Date 2050 | |
| PKKDX | Invesco Peak Retirement | Mutual Fund | Target-Date 2045 | |
| QGRCX | Oppenheimer Gbl Alloc | Mutual Fund | World Allocation |
Oppenheimer Russell 1000 Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Oppenheimer Russell. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1124 | |||
| Jensen Alpha | 0.003 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.02) |
Oppenheimer Russell Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oppenheimer Russell 1000. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Oppenheimer Russell 1000 is measured differently than its book value, which is the value of Oppenheimer that is recorded on the company's balance sheet. Investors also form their own opinion of Oppenheimer Russell's value that differs from its market value or its book value, called intrinsic value, which is Oppenheimer Russell's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oppenheimer Russell's market value can be influenced by many factors that don't directly affect Oppenheimer Russell's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oppenheimer Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oppenheimer Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oppenheimer Russell's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.