CFO vs. VTI

Last updated Aug 2, 2026

CFO (VictoryShares US 500 Enhanced Volatility Weighted ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - CFO is a Low Volatility fund tracking the Nasdaq Victory U.S. Large Cap 500 Long/Cash Volatility Weighted Index, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Both are passively managed. Over the past 10 years, CFO returned 9.55%/yr vs 14.63%/yr for VTI. Their correlation of 0.90 means they have usually moved in the same direction. CFO charges 0.35%/yr vs 0.03%/yr for VTI.

Performance

CFO vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares US 500 Enhanced Volatility Weighted ETF (CFO) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with CFO having a 10.37% return and VTI slightly higher at 10.49%. Over the past 10 years, CFO has underperformed VTI with an annualized return of 9.55%, while VTI has yielded a comparatively higher 14.63% annualized return.

CFO

• 1D: -0.06%
• 1M: 0.35%
• 6M: 7.16%
• YTD: 10.37%
• 1Y: 15.46%
• 3Y*: 10.18%
• 5Y*: 4.08%
• 10Y*: 9.55%
• ALL TIME*: 8.79%

VTI

• 1D: 0.53%
• 1M: -0.15%
• 6M: 8.77%
• YTD: 10.49%
• 1Y: 21.84%
• 3Y*: 18.92%
• 5Y*: 11.74%
• 10Y*: 14.63%
• ALL TIME*: 9.58%

*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)
CFO VictoryShares US 500 Enhanced Volatility Weighted ETF	$401.90K	$354.93K	$366.84K
VTI Vanguard Total Stock Market ETF	$1.06B	$1.16B	$1.24B

CFO vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CFO VictoryShares US 500 Enhanced Volatility Weighted ETF	10.37%	8.60%	15.37%	-3.56%	-14.46%	26.02%	19.84%	21.64%	-8.81%	22.65%
VTI Vanguard Total Stock Market ETF	10.49%	17.10%	23.81%	26.05%	-19.52%	25.68%	21.08%	30.67%	-5.23%	21.21%

Correlation

The correlation between CFO and VTI is 0.72, 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.	0.72
Correlation (3Y) Balances recent behavior with more history.	0.81
Correlation (5Y) Shows whether the relationship held over a longer period.	0.84
Correlation (10Y) Provides a long-term view across more market conditions.	0.88
Correlation (All Time) Calculated using the full available price history since Jul 2, 2014	0.90

The correlation between CFO and VTI shifts across timeframes, from 0.72 (1 year) to 0.90 (all time), reflecting how their relationship changes across market environments.

CFO vs. VTI - Sectors Allocation Comparison

Sectors	CFO	VTI
Industrials	18.6%	10.2%
Financial Services	18.1%	11.8%
Technology	16.6%	36.1%
Healthcare	9.8%	9.7%
Consumer Cyclical	9.6%	9.4%
Utilities	8.7%	2.2%
Consumer Defensive	6.6%	4.3%
Energy	4.8%	3.2%
Basic Materials	3.5%	1.9%
Communication Services	3.2%	9.1%
Real Estate	0.4%	2.3%

Return for Risk

CFO vs. VTI — Risk / Return Rank

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

CFO

CFO Risk / Return Rank: 57
CFO Sharpe Ratio Rank: 55
CFO Sortino Ratio Rank: 57
CFO Omega Ratio Rank: 52
CFO Calmar Ratio Rank: 57
CFO Martin Ratio Rank: 63

VTI

VTI Risk / Return Rank: 67
VTI Sharpe Ratio Rank: 67
VTI Sortino Ratio Rank: 64
VTI Omega Ratio Rank: 64
VTI Calmar Ratio Rank: 65
VTI Martin Ratio Rank: 77

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.

CFO vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares US 500 Enhanced Volatility Weighted ETF (CFO) and Vanguard Total Stock Market ETF (VTI). 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.

	CFO	VTI	Difference
Sharpe ratio: Return per unit of total volatility	1.34	1.52	-0.18
Sortino ratio: Return per unit of downside risk	1.98	2.12	-0.14
Omega ratio: Gain probability vs. loss probability	1.24	1.27	-0.03
Calmar ratio: Return relative to maximum drawdown	2.03	2.23	-0.20
Martin ratio: Return relative to average drawdown	7.64	9.62	-1.98

CFO vs. VTI - Sharpe Ratio Comparison

The current CFO Sharpe Ratio is 1.34, which is comparable to the VTI Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of CFO and VTI, 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

CFO vs. VTI - Drawdown Comparison

The maximum CFO drawdown since its inception was -24.35%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for CFO and VTI.

Drawdown Indicators

	CFO	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-24.35%	-55.45%	+31.10%
Max Drawdown (1Y) Largest decline over 1 year	-7.10%	-8.92%	+1.82%
Max Drawdown (3Y) Largest decline over 3 years	-17.25%	-19.30%	+2.05%
Max Drawdown (5Y) Largest decline over 5 years	-24.35%	-25.36%	+1.01%
Max Drawdown (10Y) Largest decline over 10 years	-24.35%	-35.00%	+10.65%
Current Drawdown Current decline from peak	-1.25%	-1.36%	+0.11%
Average Drawdown Average peak-to-trough decline	-5.55%	-7.99%	+2.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.88%	2.07%	-0.19%

Volatility

CFO vs. VTI - Volatility Comparison

The current volatility for VictoryShares US 500 Enhanced Volatility Weighted ETF (CFO) is 2.67%, while Vanguard Total Stock Market ETF (VTI) has a volatility of 3.46%. This indicates that CFO experiences smaller price fluctuations and is considered to be less risky than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CFO	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.67%	3.46%	-0.79%
Volatility (6M) Calculated over the trailing 6-month period	7.84%	10.24%	-2.40%
Volatility (1Y) Calculated over the trailing 1-year period	10.77%	13.10%	-2.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.29%	17.51%	-4.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.17%	18.30%	-5.13%

CFO vs. VTI - Expense Ratio Comparison

CFO has a 0.35% expense ratio, which is higher than VTI's 0.03% expense ratio.

Dividends

CFO vs. VTI - Dividend Comparison

CFO's dividend yield for the trailing twelve months is around 1.22%, more than VTI's 1.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CFO VictoryShares US 500 Enhanced Volatility Weighted ETF	1.22%	1.32%	1.44%	1.72%	3.95%	1.06%	0.90%	1.44%	1.49%	1.18%	1.35%	1.31%
VTI Vanguard Total Stock Market ETF	1.06%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both CFO and VTI in my portfolio?

CFO and VTI have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CFO or VTI?

VTI has higher volatility (3.46%) compared to CFO (2.67%). In terms of maximum drawdown, CFO dropped -24.35% vs VTI's -55.45%.

Which ETF is better, CFO or VTI?

On 10-year performance, VTI leads with 14.63% vs 9.55% for CFO. On fees, VTI is cheaper at 0.03% per year. On volatility, CFO has been the lower-risk option at 2.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CFO or VTI?

Over the 10-year period, VTI has performed better with a 14.63% return vs 9.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CFO or VTI?

VTI is cheaper with a 0.03% expense ratio, compared with 0.35% for CFO.

Which ETF pays a higher dividend yield, CFO or VTI?

CFO has the higher dividend yield at 1.22%, compared with 1.06% for VTI.

What is the main difference between CFO and VTI?

CFO is categorized as Low Volatility, while VTI is Large Cap Blend Equities. CFO tracks Nasdaq Victory U.S. Large Cap 500 Long/Cash Volatility Weighted Index, while VTI tracks CRSP US Total Market Index. They also come from different issuers: VictoryShares and Vanguard. Their fees differ too: 0.35% for CFO and 0.03% for VTI.

Which has better risk-adjusted returns?

VTI currently has the higher Sharpe Ratio (1.52 vs 1.34), 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.