A Marvelous Multi-Factor Idea | Page 2 of 2 | ETF Trends

“Oppenheimer’s economic regime model changes quickly because it pairs fast-moving market sentiment indicators (rather than traditional measures of expansion and contraction) with traditional economic indicators to identify economic regime,” according to Morningstar. “Given that factors can underperform for long periods of time, and the model assumptions may not hold, relying on economic regime to time factors may not be effective.”

OMFL allocates nearly 23% of its weight to technology stocks, an almost 2.5% overweight to that sector relative to the Russell 1000 Index. The Oppenheimer fund also devotes a combined 29.20% of its weight to the healthcare and consumer discretionary sectors. OMFL is also overweight those sectors relative to the Russell 1000.

OMFL charges 0.29% per year, or $29 on a $10,000 investment.

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