Oppenheimer Russell 2000 Dynamic Multifactor (OMFS) Valuation
OMFS valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 28.5 trailing earnings
- Forward P/E
- 14.7 analyst estimates
- Price / sales
- 1.78
- Price / book
- 2.23
- EV / EBITDA
- 11.3
- Earnings yield
- 3.51% inverse of P/E
- Dividend yield
- 1.74% of the holdings
- Return on equity
- 7.8% combined
- Net margin
- 6.3% combined
- Beta
- 1.05 weighted, vs S&P 500
OMFS valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| OMFS | 28.5 | 14.7 | 1.78 | 2.23 | 1.74% | 7.8% | 6.3% | 13.3% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
OMFS valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 28.3% | 12.8 | 10.7 | 1.72 | 1.55 | 2.24% | 12.2% |
| Healthcare | 13.9% | n/m | 16.0 | 2.91 | 4.10 | 0.08% | −27.9% |
| Technology | 13.7% | 48.6 | 20.3 | 2.74 | 4.25 | 0.43% | 8.7% |
| Real Estate | 12.4% | 20.2 | 23.2 | 4.17 | 1.70 | 5.19% | 8.4% |
| Industrials | 9.5% | 34.1 | 18.9 | 1.33 | 3.11 | 0.72% | 9.1% |
| Consumer Cyclical | 8.6% | 22.0 | 14.0 | 1.00 | 3.29 | 0.98% | 14.9% |
| Energy | 4.2% | 17.6 | 11.9 | 1.75 | 1.46 | 2.27% | 8.3% |
| Basic Materials | 3.5% | 24.3 | 15.0 | 1.23 | 2.70 | 0.79% | 11.2% |
| Consumer Defensive | 3.2% | 22.3 | 13.8 | 0.75 | 1.91 | 1.27% | 8.5% |
| Communication Services | 1.4% | 29.6 | 10.4 | 1.41 | 3.22 | 0.23% | 10.9% |
| Utilities | 0.7% | 34.2 | 17.7 | 2.11 | 1.81 | 2.79% | 5.3% |
| Financials | 0.1% | 16.2 | — | 4.22 | 1.27 | 1.94% | 7.8% |
| Services | 0.0% | 14.2 | 15.3 | 1.60 | 2.99 | 2.71% | 21.0% |
OMFS earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How OMFS weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
OMFS largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| CTRE | CareTrust REIT, Inc. | 1.64% | 22.8 | 21.3 | 15.1 | 4.27% | 2.23% |
| FF60 | FIRSTCASH HLDGS INC.DL-01 | 1.31% | — | — | — | — | — |
| SSRM | SSR Mining Inc | 1.26% | — | — | — | — | — |
| TRNO | Terreno Realty Corporation | 1.15% | 17.2 | 80.0 | 13.9 | 3.56% | 2.08% |
| SLAB | Silicon Laboratories Inc. | 1.15% | — | 51.0 | 8.6 | — | −0.19% |
| EAT | Brinker International, Inc. | 1.05% | 18.8 | 16.2 | 1.5 | — | 1.73% |
| MYRG | MYR Group Inc. | 1.03% | 26.6 | 21.7 | 1.1 | — | 1.20% |
| KRYS | Krystal Biotech, Inc. | 0.94% | 39.7 | 46.9 | 21.3 | — | 0.73% |
| BSIG | Brightsphere Investment Group Inc | 0.88% | — | — | — | — | — |
| YOU | Clear Secure, Inc. | 0.87% | 29.5 | — | 4.5 | 1.31% | 0.92% |
| VCTR | Victory Capital Holdings, Inc. | 0.87% | 19.9 | 12.7 | 4.3 | 1.84% | 1.36% |
| PIPR | Piper Sandler Companies | 0.82% | 15.0 | 10.1 | 2.2 | 1.24% | 1.71% |
| MC | Moelis & Company | 0.80% | 19.0 | 13.4 | 2.6 | 4.77% | 1.31% |
| ESNT | Essent Group Ltd. | 0.79% | 9.0 | 8.2 | 4.4 | 2.16% | 2.73% |
| RHP | Ryman Hospitality Properties, Inc. | 0.76% | 30.7 | 25.8 | 3.2 | 3.81% | 0.78% |
| WT | WisdomTree, Inc. | 0.72% | 38.9 | 17.3 | 5.3 | 0.56% | 0.58% |
| TVTX | Travere Therapeutics, Inc. | 0.69% | — | 39.8 | 7.9 | — | −0.32% |
| ALKS | Alkermes plc | 0.68% | 108.5 | 133.3 | 4.1 | — | 0.19% |
| RXO | RXO, Inc. | 0.65% | — | — | 0.8 | — | −0.44% |
| ZWS | Zurn Elkay Water Solutions Corporation | 0.65% | 29.2 | 22.9 | 4.4 | 0.94% | 0.69% |
| IDCC | InterDigital, Inc | 0.60% | 37.3 | 29.9 | 10.5 | 0.94% | 0.50% |
| KLIC | Kulicke and Soffa Industries, Inc. | 0.60% | 36.1 | 13.3 | 4.3 | 1.04% | 0.51% |
| TRAX | First Tracks Biotherapeutics | 0.59% | — | — | — | — | — |
| RDN | Radian Group Inc. | 0.57% | 8.4 | 6.3 | 2.7 | 3.00% | 2.09% |
| OUT | Outfront Media Inc. | 0.55% | 21.9 | 19.0 | 2.8 | 4.05% | 0.78% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About OMFS valuation
Adding up its 1,008 holdings with company data, OMFS trades at 28.5 times trailing earnings and 14.7 times analysts' forward estimates, with a price-to-book ratio of 2.23 and a dividend yield of 1.74%. Its earnings yield of 3.51% is 1.82 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 11.3% of the fund and earn 13.1% of its combined profit. By sector, Technology is the most expensive at 48.6 times earnings and Financial Services the cheapest at 12.8. Companies that lost money over the past year are 13.3% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 91.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: OMFS chart, OMFS performance, OMFS holdings, OMFS dividends.
OMFS valuation FAQ
What is the P/E ratio of OMFS?
Based on its holdings, OMFS has a trailing P/E of 28.5 and a forward P/E of 14.7 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of OMFS?
The trailing earnings yield is 3.51% (1 ÷ P/E) and the forward earnings yield 6.81%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is OMFS more expensive than the S&P 500?
OMFS trades at 28.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 14.7 and 19.9.
What is the price-to-book ratio of OMFS?
The holdings of OMFS trade at 2.23 times book value, with a combined return on equity of 7.8%.
Which sector in OMFS has the highest P/E?
Technology has the highest P/E at 48.6 and Financial Services the lowest at 12.8.