Oppenheimer Russell 2000 Etf Profile
| OMFS Etf | USD 40.55 0.20 0.50% |
Performance2 of 100
| Odds Of DistressLess than 9
|
Oppenheimer Russell is selling for under 40.55 as of the 18th of January 2025; that is 0.50% up since the beginning of the trading day. The etf's lowest day price was 40.25. Oppenheimer Russell has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. The performance scores are derived for the period starting the 29th of January 2023 and ending today, the 18th of January 2025. 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 2000
Moving together with Oppenheimer Etf
| 0.96 | VB | Vanguard Small Cap | PairCorr |
| 0.99 | IJR | iShares Core SP | PairCorr |
| 0.99 | IWM | iShares Russell 2000 Aggressive Push | PairCorr |
| 0.92 | VRTIX | Vanguard Russell 2000 | PairCorr |
| 0.99 | VTWO | Vanguard Russell 2000 | PairCorr |
| 0.99 | FNDA | Schwab Fundamental Small | PairCorr |
Moving against Oppenheimer Etf
Oppenheimer Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Small Cap ETFs, Small Blend, Invesco (View all Sectors) |
| Issuer | Invesco |
| Inception Date | 2017-11-08 |
| Benchmark | Russell 2000 OFI Dynamic Multifactor Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 237.85 Million |
| Average Trading Valume | 20,273.7 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Small 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 | 661 |
| Market Maker | RBC Capital Markets |
| Total Expense | 0.39 |
| Management Fee | 0.39 |
| Country Name | USA |
| Returns Y T D | 2.49 |
| Name | Oppenheimer Russell 2000 Dynamic Multifactor |
| Currency Code | USD |
| Open Figi | BBG00P4Y3C41 |
| In Threey Volatility | 22.43 |
| 1y Volatility | 20.89 |
| 200 Day M A | 38.5187 |
| 50 Day M A | 41.614 |
| Code | OMFS |
| Updated At | 17th of January 2025 |
| Currency Name | US Dollar |
Oppenheimer Russell 2000 [OMFS] is traded in USA and was established 2017-11-08. The fund is listed under Small Blend category and is part of Invesco family. The entity is thematically classified as Size And Style ETFs. Oppenheimer Russell 2000 now have 157.01 M in assets. , while the total return for the last 3 years was 1.3%.
Check Oppenheimer Russell Probability Of Bankruptcy
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 2000 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.
Oppenheimer Russell 2000 Currency Exposure
Oppenheimer Russell 2000 holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Oppenheimer Russell will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Oppenheimer Russell 2000.
Top Oppenheimer Russell 2000 Etf Constituents
| CW | Curtiss Wright | Stock | Industrials | |
| GCO | Genesco | Stock | Consumer Discretionary | |
| TXRH | Texas Roadhouse | Stock | Consumer Discretionary | |
| CHDN | Churchill Downs Incorporated | Stock | Consumer Discretionary | |
| ENVA | Enova International | Stock | Financials | |
| EME | EMCOR Group | Stock | Industrials | |
| ECPG | Encore Capital Group | Stock | Financials | |
| CTRN | Citi Trends | Stock | Consumer Discretionary |
Oppenheimer Russell Top Holders
| QGRCX | Oppenheimer Gbl Alloc | Mutual Fund | World Allocation | |
| QGRNX | Oppenheimer Gbl Alloc | Mutual Fund | World Allocation | |
| QGRYX | Oppenheimer Gbl Alloc | Mutual Fund | World Allocation | |
| QVGIX | Oppenheimer Gbl Alloc | Mutual Fund | World Allocation | |
| QGRIX | Oppenheimer Global Allocation | Mutual Fund | World Allocation | |
| GLALX | Aim Investment Securities | Mutual Fund | World Allocation |
Oppenheimer Russell 2000 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 | 0.0293 | |||
| Jensen Alpha | 0.0333 | |||
| Total Risk Alpha | 0.0372 | |||
| Sortino Ratio | 0.0297 |
Oppenheimer Russell Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oppenheimer Russell 2000. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Oppenheimer Russell 2000 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.