BVAL vs. VFLO

Last updated Aug 4, 2026

BVAL (Bluemonte Large Cap Value ETF) and VFLO (VictoryShares Free Cash Flow ETF) are both Large Cap Value Equities funds. BVAL is actively managed, while VFLO is passively managed. Over the past year, BVAL returned 25.50% vs 47.53% for VFLO. Their 0.66 correlation means they have sometimes moved together and sometimes differently. BVAL charges 0.24%/yr vs 0.39%/yr for VFLO.

Performance

BVAL vs. VFLO - Performance Comparison

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

Returns By Period

In the year-to-date period, BVAL achieves a 14.62% return, which is significantly lower than VFLO's 27.47% return.

BVAL

• 1D: 0.76%
• 1M: 1.22%
• 6M: 10.01%
• YTD: 14.62%
• 1Y: 25.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 25.29%

VFLO

• 1D: 0.52%
• 1M: 6.44%
• 6M: 26.76%
• YTD: 27.47%
• 1Y: 47.53%
• 3Y*: 25.26%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 26.88%

*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)
BVAL Bluemonte Large Cap Value ETF	$658.39K	$641.04K	$1.02M
VFLO VictoryShares Free Cash Flow ETF	$87.61M	$73.14M	$52.34M

BVAL vs. VFLO - Yearly Performance Comparison

	2026 (YTD)	2025
BVAL Bluemonte Large Cap Value ETF	14.62%	12.09%
VFLO VictoryShares Free Cash Flow ETF	27.47%	13.55%

Correlation

The correlation between BVAL and VFLO is 0.65, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.65
Correlation (All Time) Calculated using the full available price history since Jun 23, 2025	0.66

The correlation between BVAL and VFLO has been stable across timeframes, ranging from 0.65 to 0.66 - a consistent structural relationship.

BVAL vs. VFLO - Sectors Allocation Comparison

Sectors	BVAL	VFLO
Technology	23.6%	30.4%
Financial Services	16.3%	0.0%
Industrials	11.8%	0.0%
Healthcare	11.2%	21.6%
Consumer Cyclical	8.5%	10.8%
Consumer Defensive	7.6%	0.0%
Energy	5.8%	22.6%
Communication Services	4.9%	4.4%
Utilities	4.0%	3.3%
Real Estate	3.5%	0.0%
Basic Materials	2.9%	7.0%

Return for Risk

BVAL vs. VFLO — Risk / Return Rank

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

BVAL

BVAL Risk / Return Rank: 90
BVAL Sharpe Ratio Rank: 91
BVAL Sortino Ratio Rank: 91
BVAL Omega Ratio Rank: 90
BVAL Calmar Ratio Rank: 88
BVAL Martin Ratio Rank: 91

VFLO

VFLO Risk / Return Rank: 96
VFLO Sharpe Ratio Rank: 96
VFLO Sortino Ratio Rank: 96
VFLO Omega Ratio Rank: 95
VFLO Calmar Ratio Rank: 97
VFLO Martin Ratio Rank: 96

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.

BVAL vs. VFLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Large Cap Value ETF (BVAL) and VictoryShares Free Cash Flow ETF (VFLO). 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.

	BVAL	VFLO	Difference
Sharpe ratio: Return per unit of total volatility	2.48	3.11	-0.62
Sortino ratio: Return per unit of downside risk	3.46	4.31	-0.84
Omega ratio: Gain probability vs. loss probability	1.45	1.55	-0.10
Calmar ratio: Return relative to maximum drawdown	3.83	7.41	-3.59
Martin ratio: Return relative to average drawdown	16.14	24.91	-8.77

BVAL vs. VFLO - Sharpe Ratio Comparison

The current BVAL Sharpe Ratio is 2.48, which is comparable to the VFLO Sharpe Ratio of 3.11. The chart below compares the historical Sharpe Ratios of BVAL and VFLO, 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

BVAL vs. VFLO - Drawdown Comparison

The maximum BVAL drawdown since its inception was -6.69%, smaller than the maximum VFLO drawdown of -17.79%. Use the drawdown chart below to compare losses from any high point for BVAL and VFLO.

Drawdown Indicators

	BVAL	VFLO	Difference
Max Drawdown Largest peak-to-trough decline	-6.69%	-17.79%	+11.10%
Max Drawdown (1Y) Largest decline over 1 year	-6.69%	-6.44%	-0.25%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.79%	—
Current Drawdown Current decline from peak	0.00%	-0.44%	+0.44%
Average Drawdown Average peak-to-trough decline	-0.86%	-2.43%	+1.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.58%	1.91%	-0.33%

Volatility

BVAL vs. VFLO - Volatility Comparison

The current volatility for Bluemonte Large Cap Value ETF (BVAL) is 2.59%, while VictoryShares Free Cash Flow ETF (VFLO) has a volatility of 3.87%. This indicates that BVAL experiences smaller price fluctuations and is considered to be less risky than VFLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BVAL	VFLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.59%	3.87%	-1.28%
Volatility (6M) Calculated over the trailing 6-month period	7.90%	12.12%	-4.22%
Volatility (1Y) Calculated over the trailing 1-year period	10.33%	15.41%	-5.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.18%	15.97%	-5.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.18%	15.97%	-5.79%

BVAL vs. VFLO - Expense Ratio Comparison

BVAL has a 0.24% expense ratio, which is lower than VFLO's 0.39% expense ratio.

Dividends

BVAL vs. VFLO - Dividend Comparison

BVAL's dividend yield for the trailing twelve months is around 1.30%, more than VFLO's 1.07% yield.

Position	TTM	2025	2024	2023
BVAL Bluemonte Large Cap Value ETF	1.30%	0.73%	0.00%	0.00%
VFLO VictoryShares Free Cash Flow ETF	1.07%	1.60%	1.20%	0.71%

Frequently Asked Questions

Can I hold both BVAL and VFLO in my portfolio?

BVAL and VFLO have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BVAL or VFLO?

VFLO has higher volatility (3.87%) compared to BVAL (2.59%). In terms of maximum drawdown, BVAL dropped -6.69% vs VFLO's -17.79%.

Which ETF is better, BVAL or VFLO?

On 1-year performance, VFLO leads with 47.53% vs 25.50% for BVAL. On fees, BVAL is cheaper at 0.24% per year. On volatility, BVAL has been the lower-risk option at 2.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BVAL or VFLO?

Over the 1-year period, VFLO has performed better with a 47.53% return vs 25.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BVAL or VFLO?

BVAL is cheaper with a 0.24% expense ratio, compared with 0.39% for VFLO.

Which ETF pays a higher dividend yield, BVAL or VFLO?

BVAL has the higher dividend yield at 1.30%, compared with 1.07% for VFLO.

What is the main difference between BVAL and VFLO?

They also come from different issuers: Bluemonte and Victory. Their fees differ too: 0.24% for BVAL and 0.39% for VFLO.

Which has better risk-adjusted returns?

VFLO currently has the higher Sharpe Ratio (3.11 vs 2.48), 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.