OMFS vs NOWL
Comparison between INVESCO RUSSELL 2000(R) DYNAMIC MULTIFACTOR ETF (OMFS, ETF) and GRANITESHARES 2X LONG NOW DAILY ETF (NOWL, ETF).
OMFS vs NOWL - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
OMFS
$287M
NOWL
$286M
Expense Ratio
OMFS
0.39%
NOWL
N/A
Max Drawdown
Winner
OMFS
43.03%
NOWL
86.64%
Sharpe Ratio
Winner
OMFS
1.46
NOWL
-1.12
5Y Beta
Winner
OMFS
0.98
NOWL
1.29
P/E Ratio
OMFS
-76.16
NOWL
N/A
Forward P/E
OMFS
13.44
NOWL
N/A
5Y Dividends CAGR
OMFS
11.02%
NOWL
N/A
5Y EPS CAGR
OMFS
9.43%
NOWL
N/A
Debt to Equity
OMFS
59.98%
NOWL
N/A
P/S Ratio
OMFS
0.88
NOWL
N/A
P/B Ratio
OMFS
1.89
NOWL
N/A
OMFS vs NOWL - Historical Returns
Returns include dividend reinvestment.
1M
OMFS
+1.33%
Winner
NOWL
+15.90%
3M
Winner
OMFS
+8.34%
NOWL
-14.39%
6M
Winner
OMFS
+11.91%
NOWL
-51.50%
1Y
Winner
OMFS
+32.44%
NOWL
-81.90%
5Y(CAGR)
OMFS
+7.58%
NOWL
N/A
10Y(CAGR)
OMFS
+10.60%
NOWL
N/A
Max(CAGR)
Winner
OMFS
+10.60%
NOWL
-81.39%
OMFS vs NOWL - Annual Returns (2017 - 2026)
Returns include dividend reinvestment.
| Year | OMFS | NOWL |
|---|---|---|
| 2026 | +19.88% | -65.77% |
| 2025 | +13.34% | -42.58% |
| 2024 | +4.63% | N/A |
| 2023 | +14.98% | N/A |
| 2022 | -17.39% | N/A |
| 2021 | +30.37% | N/A |
| 2020 | +15.67% | N/A |
| 2019 | +26.22% | N/A |
| 2018 | -9.04% | N/A |
| 2017 | +3.71% | N/A |
OMFS vs NOWL Drawdown Comparison
The maximum drawdown for OMFS was -42.50%, occurring on Mar 23, 2020. Recovery took 229 trading sessions.
The maximum drawdown for NOWL was -86.64%, occurring on Jun 25, 2026. This drawdown has not yet recovered.
The current OMFS drawdown is -0.19%. The current NOWL drawdown is -83.18%.
| Rank | OMFS | NOWL |
|---|---|---|
| #1 | -42.50% Dec 19, 2019 - Nov 16, 2020 | -86.64% Jul 24, 2025 - Jun 25, 2026 |
| #2 | -29.23% Nov 12, 2021 - Nov 8, 2024 | -1.96% Jul 16, 2025 - Jul 24, 2025 |
| #3 | -22.94% Aug 27, 2018 - Sep 16, 2019 | N/A |
| #4 | -22.35% Nov 25, 2024 - Sep 5, 2025 | N/A |
| #5 | -11.30% Jun 8, 2021 - Oct 25, 2021 | N/A |
| #6 | -10.10% Mar 15, 2021 - Jun 7, 2021 | N/A |
| #7 | -9.38% Feb 6, 2026 - Apr 14, 2026 | N/A |
| #8 | -8.60% Sep 18, 2025 - Dec 3, 2025 | N/A |
| #9 | -8.42% Sep 16, 2019 - Nov 4, 2019 | N/A |
| #10 | -7.63% Jan 26, 2018 - May 21, 2018 | N/A |
| #11 | -6.57% Feb 9, 2021 - Mar 10, 2021 | N/A |
| #12 | -4.90% Nov 24, 2020 - Dec 4, 2020 | N/A |
| #13 | -4.52% Nov 11, 2024 - Nov 25, 2024 | N/A |
| #14 | -4.21% Dec 11, 2025 - Jan 8, 2026 | N/A |
| #15 | -3.85% May 6, 2026 - May 26, 2026 | N/A |
Correlation
Correlation between OMFS and NOWL is -0.85 which considered as a strong negative correlation - the stocks tend to move in opposite directions.
-0.85
-101
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