AVIV vs. IFLO

Last updated Aug 2, 2026

AVIV (Avantis International Large Cap Value ETF) and IFLO (VictoryShares International Free Cash Flow ETF) are both Foreign Large Cap Equities funds. AVIV is actively managed, while IFLO is passively managed. Over the past year, AVIV returned 33.30% vs 36.91% for IFLO. Their correlation of 0.89 means they have usually moved in the same direction. AVIV charges 0.25%/yr vs 0.56%/yr for IFLO.

Performance

AVIV vs. IFLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis International Large Cap Value ETF (AVIV) and VictoryShares International Free Cash Flow ETF (IFLO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVIV achieves a 14.73% return, which is significantly lower than IFLO's 22.59% return.

AVIV

• 1D: -0.57%
• 1M: 2.92%
• 6M: 8.42%
• YTD: 14.73%
• 1Y: 33.30%
• 3Y*: 20.92%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.93%

IFLO

• 1D: -1.73%
• 1M: 3.06%
• 6M: 17.38%
• YTD: 22.59%
• 1Y: 36.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 34.80%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AVIV Avantis International Large Cap Value ETF	$10.58M	$8.48M	$14.10M
IFLO VictoryShares International Free Cash Flow ETF	$595.85K	$548.57K	$406.06K

AVIV vs. IFLO - Yearly Performance Comparison

	2026 (YTD)	2025
AVIV Avantis International Large Cap Value ETF	14.73%	18.64%
IFLO VictoryShares International Free Cash Flow ETF	22.59%	13.12%

Correlation

The correlation between AVIV and IFLO is 0.88, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.88
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.89

The correlation between AVIV and IFLO has been stable across timeframes, ranging from 0.88 to 0.89 - a consistent structural relationship.

AVIV vs. IFLO - Sectors Allocation Comparison

Sectors	AVIV	IFLO
Financial Services	29.9%	0.8%
Industrials	19.1%	17.8%
Energy	11.4%	14.4%
Basic Materials	11.4%	13.8%
Consumer Cyclical	10.6%	10.8%
Communication Services	5.0%	5.3%
Healthcare	4.6%	12.7%
Technology	3.9%	16.8%
Consumer Defensive	3.0%	6.7%
Real Estate	0.9%	0.0%
Utilities	0.3%	0.8%

Return for Risk

AVIV vs. IFLO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AVIV

AVIV Risk / Return Rank: 88
AVIV Sharpe Ratio Rank: 91
AVIV Sortino Ratio Rank: 90
AVIV Omega Ratio Rank: 89
AVIV Calmar Ratio Rank: 83
AVIV Martin Ratio Rank: 86

IFLO

IFLO Risk / Return Rank: 94
IFLO Sharpe Ratio Rank: 94
IFLO Sortino Ratio Rank: 93
IFLO Omega Ratio Rank: 92
IFLO Calmar Ratio Rank: 96
IFLO Martin Ratio Rank: 95

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AVIV vs. IFLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis International Large Cap Value ETF (AVIV) and VictoryShares International Free Cash Flow ETF (IFLO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AVIV	IFLO	Difference
Sharpe ratio: Return per unit of total volatility	2.27	2.57	-0.30
Sortino ratio: Return per unit of downside risk	3.11	3.60	-0.48
Omega ratio: Gain probability vs. loss probability	1.41	1.45	-0.04
Calmar ratio: Return relative to maximum drawdown	3.09	5.73	-2.64
Martin ratio: Return relative to average drawdown	12.04	19.78	-7.74

AVIV vs. IFLO - Sharpe Ratio Comparison

The current AVIV Sharpe Ratio is 2.27, which is comparable to the IFLO Sharpe Ratio of 2.57. The chart below compares the historical Sharpe Ratios of AVIV and IFLO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AVIV vs. IFLO - Drawdown Comparison

The maximum AVIV drawdown since its inception was -27.69%, which is greater than IFLO's maximum drawdown of -6.44%. Use the drawdown chart below to compare losses from any high point for AVIV and IFLO.

Drawdown Indicators

	AVIV	IFLO	Difference
Max Drawdown Largest peak-to-trough decline	-27.69%	-6.44%	-21.25%
Max Drawdown (1Y) Largest decline over 1 year	-10.78%	-6.44%	-4.34%
Max Drawdown (3Y) Largest decline over 3 years	-14.13%	—	—
Current Drawdown Current decline from peak	-0.57%	-1.73%	+1.16%
Average Drawdown Average peak-to-trough decline	-4.99%	-1.29%	-3.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.77%	1.86%	+0.91%

Volatility

AVIV vs. IFLO - Volatility Comparison

Avantis International Large Cap Value ETF (AVIV) and VictoryShares International Free Cash Flow ETF (IFLO) have volatilities of 4.19% and 4.10%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVIV	IFLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.19%	4.10%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	12.77%	12.32%	+0.45%
Volatility (1Y) Calculated over the trailing 1-year period	14.70%	14.41%	+0.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.84%	14.59%	+2.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.84%	14.59%	+2.25%

AVIV vs. IFLO - Expense Ratio Comparison

AVIV has a 0.25% expense ratio, which is lower than IFLO's 0.56% expense ratio.

Dividends

AVIV vs. IFLO - Dividend Comparison

AVIV's dividend yield for the trailing twelve months is around 2.47%, more than IFLO's 1.52% yield.

Position	TTM	2025	2024	2023	2022	2021
AVIV Avantis International Large Cap Value ETF	2.47%	3.01%	3.46%	3.64%	2.84%	0.57%
IFLO VictoryShares International Free Cash Flow ETF	1.52%	0.73%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVIV and IFLO in my portfolio?

AVIV and IFLO have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVIV or IFLO?

AVIV has higher volatility (4.19%) compared to IFLO (4.10%). In terms of maximum drawdown, AVIV dropped -27.69% vs IFLO's -6.44%.

Which ETF is better, AVIV or IFLO?

On 1-year performance, IFLO leads with 36.91% vs 33.30% for AVIV. On fees, AVIV is cheaper at 0.25% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVIV or IFLO?

Over the 1-year period, IFLO has performed better with a 36.91% return vs 33.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVIV or IFLO?

AVIV is cheaper with a 0.25% expense ratio, compared with 0.56% for IFLO.

Which ETF pays a higher dividend yield, AVIV or IFLO?

AVIV has the higher dividend yield at 2.47%, compared with 1.52% for IFLO.

What is the main difference between AVIV and IFLO?

They also come from different issuers: Avantis and VictoryShares. Their fees differ too: 0.25% for AVIV and 0.56% for IFLO.

Which has better risk-adjusted returns?

IFLO currently has the higher Sharpe Ratio (2.57 vs 2.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.