CFA vs. IFLO

Last updated Jun 4, 2026

CFA (VictoryShares US 500 Volatility Weighted ETF) and IFLO (VictoryShares International Free Cash Flow ETF) are both exchange-traded funds - CFA is a Large Cap Blend Equities fund tracking the Nasdaq Victory U.S. Large Cap 500 Volatility Weighted Index, while IFLO is a Foreign Large Cap Equities fund managed by VictoryShares. A 0.65 correlation means they provide meaningful diversification when combined. CFA charges 0.35%/yr vs 0.56%/yr for IFLO.

Performance

CFA vs. IFLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares US 500 Volatility Weighted ETF (CFA) 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, CFA achieves a 6.66% return, which is significantly lower than IFLO's 19.31% return.

CFA

• 1D: -0.30%
• 1M: 1.81%
• YTD: 6.66%
• 6M: 6.96%
• 1Y: 13.49%
• 3Y*: 13.78%
• 5Y*: 7.77%
• 10Y*: 11.41%

IFLO

• 1D: -0.67%
• 1M: 5.90%
• YTD: 19.31%
• 6M: 21.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CFA vs. IFLO - Yearly Performance Comparison

	2026 (YTD)	2025
CFA VictoryShares US 500 Volatility Weighted ETF	6.66%	5.31%
IFLO VictoryShares International Free Cash Flow ETF	19.31%	12.93%

Correlation

The correlation between CFA and IFLO is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 27, 2025	0.65

CFA vs. IFLO - Sectors Allocation Comparison

Sectors	CFA	IFLO
Industrials	18.4%	18.9%
Financial Services	18.3%	0.9%
Technology	14.9%	18.1%
Consumer Cyclical	9.8%	14.0%
Healthcare	9.5%	12.6%
Utilities	9.0%	1.2%
Consumer Defensive	6.8%	2.9%
Energy	5.5%	13.6%
Basic Materials	3.6%	11.6%
Communication Services	3.6%	6.2%
Real Estate	0.5%	0.0%

Return for Risk

CFA vs. IFLO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CFA

CFA Risk / Return Rank: 37
CFA Sharpe Ratio Rank: 35
CFA Sortino Ratio Rank: 36
CFA Omega Ratio Rank: 33
CFA Calmar Ratio Rank: 39
CFA Martin Ratio Rank: 43

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CFA vs. IFLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares US 500 Volatility Weighted ETF (CFA) 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.

	CFA	IFLO	Difference
Sharpe ratio Return per unit of total volatility	1.27	—	—
Sortino ratio Return per unit of downside risk	1.89	—	—
Omega ratio Gain probability vs. loss probability	1.22	—	—
Calmar ratio Return relative to maximum drawdown	1.90	—	—
Martin ratio Return relative to average drawdown	7.03	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CFA	IFLO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.27	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.66	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	2.67	-2.05

Drawdowns

CFA vs. IFLO - Drawdown Comparison

The maximum CFA drawdown since its inception was -37.74%, which is greater than IFLO's maximum drawdown of -6.44%. Use the drawdown chart below to compare losses from any high point for CFA and IFLO.

Drawdown Indicators

	CFA	IFLO	Difference
Max Drawdown Largest peak-to-trough decline	-37.74%	-6.44%	-31.30%
Max Drawdown (1Y) Largest decline over 1 year	-7.13%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.28%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.88%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.74%	—	—
Current Drawdown Current decline from peak	-0.30%	-0.67%	+0.37%
Average Drawdown Average peak-to-trough decline	-4.17%	-1.22%	-2.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	—	—

Volatility

Volatility by Period

	CFA	IFLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.82%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.70%	14.16%	-3.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.06%	14.16%	+0.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.21%	14.16%	+3.05%

CFA vs. IFLO - Expense Ratio Comparison

CFA has a 0.35% expense ratio, which is lower than IFLO's 0.56% expense ratio.

Dividends

CFA vs. IFLO - Dividend Comparison

CFA's dividend yield for the trailing twelve months is around 1.24%, more than IFLO's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CFA VictoryShares US 500 Volatility Weighted ETF	1.24%	1.29%	1.32%	1.42%	1.59%	1.04%	1.21%	1.35%	1.50%	1.15%	1.37%	1.31%
IFLO VictoryShares International Free Cash Flow ETF	1.03%	0.73%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CFA and IFLO in my portfolio?

CFA and IFLO 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 ETF is better, CFA or IFLO?

On fees, CFA is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CFA or IFLO?

CFA is cheaper with a 0.35% expense ratio, compared with 0.56% for IFLO.

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

CFA has the higher dividend yield at 1.24%, compared with 1.03% for IFLO.

What is the main difference between CFA and IFLO?

CFA is categorized as Large Cap Blend Equities, while IFLO is Foreign Large Cap Equities. Their fees differ too: 0.35% for CFA and 0.56% for IFLO.