CGXU vs. IFLO

Last updated Jul 18, 2026

CGXU (Capital Group International Focus Equity ETF) and IFLO (VictoryShares International Free Cash Flow ETF) are both Foreign Large Cap Equities funds. Over the past year, CGXU returned 28.58% vs 33.15% for IFLO. A 0.79 correlation means they provide meaningful diversification when combined. CGXU charges 0.54%/yr vs 0.56%/yr for IFLO.

Performance

CGXU vs. IFLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group International Focus Equity ETF (CGXU) 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, CGXU achieves a 13.50% return, which is significantly lower than IFLO's 18.73% return.

CGXU

• 1D: -1.19%
• 1M: -5.39%
• 6M: 8.26%
• YTD: 13.50%
• 1Y: 28.58%
• 3Y*: 14.16%
• 5Y*: —
• 10Y*: —

IFLO

• 1D: 0.10%
• 1M: -0.54%
• 6M: 15.77%
• YTD: 18.73%
• 1Y: 33.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CGXU vs. IFLO - Yearly Performance Comparison

	2026 (YTD)	2025
CGXU Capital Group International Focus Equity ETF	13.50%	16.23%
IFLO VictoryShares International Free Cash Flow ETF	18.73%	13.12%

Correlation

The correlation between CGXU and IFLO is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.79

The correlation between CGXU and IFLO has been stable across timeframes, ranging from 0.79 to 0.79 - a consistent structural relationship.

CGXU vs. IFLO - Sectors Allocation Comparison

Sectors	CGXU	IFLO
Technology	22.1%	21.5%
Basic Materials	15.4%	11.3%
Industrials	14.4%	18.1%
Communication Services	12.4%	6.7%
Financial Services	11.3%	1.1%
Energy	7.1%	12.1%
Consumer Cyclical	7.0%	13.8%
Consumer Defensive	4.5%	2.8%
Healthcare	4.0%	11.7%
Utilities	1.8%	1.0%
Real Estate	-	0.0%

Return for Risk

CGXU vs. IFLO — Risk / Return Rank

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

CGXU

CGXU Risk / Return Rank: 49
CGXU Sharpe Ratio Rank: 46
CGXU Sortino Ratio Rank: 44
CGXU Omega Ratio Rank: 45
CGXU Calmar Ratio Rank: 55
CGXU Martin Ratio Rank: 55

IFLO

IFLO Risk / Return Rank: 90
IFLO Sharpe Ratio Rank: 89
IFLO Sortino Ratio Rank: 90
IFLO Omega Ratio Rank: 87
IFLO Calmar Ratio Rank: 94
IFLO Martin Ratio Rank: 92

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.

CGXU vs. IFLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group International Focus Equity ETF (CGXU) 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.

	CGXU	IFLO	Difference
Sharpe ratio: Return per unit of total volatility	1.29	2.29	-1.00
Sortino ratio: Return per unit of downside risk	1.83	3.33	-1.49
Omega ratio: Gain probability vs. loss probability	1.24	1.41	-0.17
Calmar ratio: Return relative to maximum drawdown	2.18	5.17	-2.99
Martin ratio: Return relative to average drawdown	7.50	17.35	-9.84

CGXU vs. IFLO - Sharpe Ratio Comparison

The current CGXU Sharpe Ratio is 1.29, which is lower than the IFLO Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of CGXU 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

CGXU vs. IFLO - Drawdown Comparison

The maximum CGXU drawdown since its inception was -25.64%, which is greater than IFLO's maximum drawdown of -6.44%. Use the drawdown chart below to compare losses from any high point for CGXU and IFLO.

Drawdown Indicators

	CGXU	IFLO	Difference
Max Drawdown Largest peak-to-trough decline	-25.64%	-6.44%	-19.20%
Max Drawdown (1Y) Largest decline over 1 year	-13.14%	-6.44%	-6.70%
Max Drawdown (3Y) Largest decline over 3 years	-21.63%	—	—
Current Drawdown Current decline from peak	-7.09%	-1.89%	-5.20%
Average Drawdown Average peak-to-trough decline	-6.58%	-1.30%	-5.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.82%	1.92%	+1.90%

Volatility

CGXU vs. IFLO - Volatility Comparison

Capital Group International Focus Equity ETF (CGXU) has a higher volatility of 7.43% compared to VictoryShares International Free Cash Flow ETF (IFLO) at 3.18%. This indicates that CGXU's price experiences larger fluctuations and is considered to be riskier than IFLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGXU	IFLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.43%	3.18%	+4.25%
Volatility (6M) Calculated over the trailing 6-month period	19.61%	12.01%	+7.60%
Volatility (1Y) Calculated over the trailing 1-year period	22.22%	14.55%	+7.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.35%	14.51%	+5.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.35%	14.51%	+5.84%

CGXU vs. IFLO - Expense Ratio Comparison

CGXU has a 0.54% expense ratio, which is lower than IFLO's 0.56% expense ratio.

Dividends

CGXU vs. IFLO - Dividend Comparison

CGXU's dividend yield for the trailing twelve months is around 5.09%, more than IFLO's 1.57% yield.

Position	TTM	2025	2024	2023	2022
CGXU Capital Group International Focus Equity ETF	5.09%	5.31%	1.01%	0.99%	0.95%
IFLO VictoryShares International Free Cash Flow ETF	1.57%	0.73%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CGXU and IFLO in my portfolio?

CGXU and IFLO have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGXU or IFLO?

CGXU has higher volatility (7.43%) compared to IFLO (3.18%). In terms of maximum drawdown, CGXU dropped -25.64% vs IFLO's -6.44%.

Which ETF is better, CGXU or IFLO?

On 1-year performance, IFLO leads with 33.15% vs 28.58% for CGXU. On fees, CGXU is cheaper at 0.54% per year. On volatility, IFLO has been the lower-risk option at 3.18%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGXU or IFLO?

Over the 1-year period, IFLO has performed better with a 33.15% return vs 28.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGXU or IFLO?

CGXU is cheaper with a 0.54% expense ratio, compared with 0.56% for IFLO.

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

CGXU has the higher dividend yield at 5.09%, compared with 1.57% for IFLO.

What is the main difference between CGXU and IFLO?

They also come from different issuers: Capital Group and VictoryShares. Their fees differ too: 0.54% for CGXU and 0.56% for IFLO.

Which has better risk-adjusted returns?

IFLO currently has the higher Sharpe Ratio (2.29 vs 1.29), 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.