Oppenheimer Etf Profile


USD 41.61  0.42  1.02%   

Market Performance
0 of 100
Odds Of Distress
Less than 1
Oppenheimer Russell is selling for 41.61 as of the 5th of July 2022. This is a 1.02 percent up since the beginning of the trading day. The etf's lowest day price was 40.79. Oppenheimer Russell has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over 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 5th of June 2022 and ending today, the 5th of July 2022. 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 NYSEArca Exchange in the United States. More on Oppenheimer Russell 1000

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Oppenheimer Russell Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Oppenheimer Russell's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Oppenheimer Russell or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Oppenheimer Russell generated a negative expected return over the last 90 days
Oppenheimer Russell is unlikely to experience financial distress in the next 2 years
The fund maintains 99.97% of its assets in stocks
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Oppenheimer Russell's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
DescriptionInvesco Russell 1000 Dynamic Multifactor ETF
Inception Date2017-11-08
BenchmarkRussell 1000 OFI Dynamic Multifactor Index
Entity TypeRegulated Investment Company
Asset Under Management2.01 Billion
Average Trading Valume388,181.1
Asset TypeEquity
CategorySize and Style
FocusLarge Cap
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorOFI Advisors, LLC
CustodianThe Bank of New York Mellon Corporation
DistributorOppenheimerFunds Distributor, Inc.
Portfolio ManagerFrank Vallario, Donal Bishnoi
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Jun
ExchangeCboe BZX Exchange, Inc.
Number of Constituents732
Market MakerRBC Capital Markets
Total Expense0.29
Management Fee0.29
Nav Price44.37
Two Hundred Day Average47.01
Average Daily Volume In Three Month331.79k
Fifty Two Week Low39.7
As Of Date11th of May 2022
Average Daily Volume Last 10 Day114.65k
Fifty Two Week High51.09
One Month-9.54%
Fifty Day Average44.05
Three Month-6.69%
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. Oppenheimer Russell 1000 now have 1.98 B in assets. , while the total return for the last 3 years was 15.8%.
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 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.

Oppenheimer Russell 1000 Currency Exposure (%)

Top Oppenheimer Russell 1000 Constituents

Oppenheimer Russell Target Price Odds Analysis

What are Oppenheimer Russell's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Oppenheimer Russell jumping above the current price in 90 days from now is about 90.36%. The Oppenheimer Russell 1000 probability density function shows the probability of Oppenheimer Russell etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.194. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Oppenheimer Russell will likely underperform. Additionally, the company has an alpha of 0.0142, implying that it can generate a 0.0142 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 41.61HorizonTargetOdds Above 41.61
9.55%90 days
Based on a normal probability distribution, the odds of Oppenheimer Russell to move above the current price in 90 days from now is about 90.36 (This Oppenheimer Russell 1000 probability density function shows the probability of Oppenheimer Etf to fall within a particular range of prices over 90 days) .

Oppenheimer Russell Top Holders

Oppenheimer Russell 1000 Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Oppenheimer Russell market risk premium is the additional return an investor will receive from holding Oppenheimer Russell long position in a well-diversified portfolio. 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. Although Oppenheimer Russell's alpha and beta are two of the key measurements used to evaluate Oppenheimer Russell's performance over the market, the standard measures of volatility play an important role as well.

Oppenheimer Russell 1000 Technical Analysis

The output start index for this execution was zero with a total number of output elements of sixty-one. Oppenheimer Russell 1000 Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Oppenheimer Russell price patterns.

Oppenheimer Russell Against Markets

Picking the right benchmark for Oppenheimer Russell etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Oppenheimer Russell etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Oppenheimer Russell is critical whether you are bullish or bearish towards Oppenheimer Russell 1000 at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Oppenheimer Russell without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Investing Oppenheimer Russell 1000

You need to understand the risk of investing before taking a position in Oppenheimer Russell. The danger of trading Oppenheimer Russell 1000 is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Oppenheimer Russell is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Oppenheimer Russell. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Oppenheimer Russell 1000 is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Your Equity Center. Note that the Oppenheimer Russell 1000 information on this page should be used as a complementary analysis to other Oppenheimer Russell's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running Oppenheimer Russell 1000 price analysis, check to measure Oppenheimer Russell's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oppenheimer Russell is operating at the current time. Most of Oppenheimer Russell's value examination focuses on studying past and present price action to predict the probability of Oppenheimer Russell's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Oppenheimer Russell's price. Additionally, you may evaluate how the addition of Oppenheimer Russell to your portfolios can decrease your overall portfolio volatility.
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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 Oppenheimer Russell value 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.