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OMFL ETF is trading at a premium, which in isolation doesn't provide much cause for concern, as it is not overwhelmingly wide.
Source: https://seekingalpha.com/article/4631545-omfl-questionable-allocation?source=feed_all_articles
The following year was also strong, as OMFL benefitted from the correct selection of the expansion portfolio in a year when SPY gained 28.75%.