DFIC vs. IFLO

Last updated Jul 17, 2026

DFIC (DFA Dimensional International Core Equity 2 ETF) and IFLO (VictoryShares International Free Cash Flow ETF) are both Foreign Large Cap Equities funds. Over the past year, DFIC returned 24.59% vs 33.19% for IFLO. Their correlation of 0.90 suggests significant overlap in exposure. DFIC charges 0.22%/yr vs 0.56%/yr for IFLO.

Performance

DFIC vs. IFLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA Dimensional International Core Equity 2 ETF (DFIC) 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, DFIC achieves a 10.49% return, which is significantly lower than IFLO's 18.60% return.

DFIC

• 1D: -0.66%
• 1M: -0.92%
• 6M: 6.79%
• YTD: 10.49%
• 1Y: 24.59%
• 3Y*: 17.97%
• 5Y*: —
• 10Y*: —

IFLO

• 1D: -0.26%
• 1M: -1.46%
• 6M: 15.69%
• YTD: 18.60%
• 1Y: 33.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DFIC vs. IFLO - Yearly Performance Comparison

	2026 (YTD)	2025
DFIC DFA Dimensional International Core Equity 2 ETF	10.49%	14.69%
IFLO VictoryShares International Free Cash Flow ETF	18.60%	13.12%

Correlation

The correlation between DFIC and IFLO is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.90

The correlation between DFIC and IFLO has been stable across timeframes, ranging from 0.90 to 0.90 - a consistent structural relationship.

DFIC vs. IFLO - Sectors Allocation Comparison

Sectors	DFIC	IFLO
Financial Services	20.3%	1.1%
Industrials	20.0%	18.1%
Basic Materials	11.4%	11.3%
Consumer Cyclical	9.8%	13.8%
Technology	8.8%	21.5%
Energy	7.4%	12.1%
Healthcare	6.9%	11.7%
Consumer Defensive	6.0%	2.8%
Communication Services	4.3%	6.7%
Utilities	3.4%	1.0%
Real Estate	1.7%	0.0%

Return for Risk

DFIC vs. IFLO — Risk / Return Rank

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

DFIC

DFIC Risk / Return Rank: 62
DFIC Sharpe Ratio Rank: 65
DFIC Sortino Ratio Rank: 65
DFIC Omega Ratio Rank: 65
DFIC Calmar Ratio Rank: 55
DFIC Martin Ratio Rank: 62

IFLO

IFLO Risk / Return Rank: 90
IFLO Sharpe Ratio Rank: 88
IFLO Sortino Ratio Rank: 89
IFLO Omega Ratio Rank: 86
IFLO Calmar Ratio Rank: 93
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.

DFIC vs. IFLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA Dimensional International Core Equity 2 ETF (DFIC) 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.

	DFIC	IFLO	Difference
Sharpe ratio: Return per unit of total volatility	1.72	2.29	-0.58
Sortino ratio: Return per unit of downside risk	2.41	3.33	-0.92
Omega ratio: Gain probability vs. loss probability	1.31	1.41	-0.10
Calmar ratio: Return relative to maximum drawdown	2.25	5.18	-2.93
Martin ratio: Return relative to average drawdown	8.76	17.40	-8.64

DFIC vs. IFLO - Sharpe Ratio Comparison

The current DFIC Sharpe Ratio is 1.72, which is comparable to the IFLO Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of DFIC 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

DFIC vs. IFLO - Drawdown Comparison

The maximum DFIC drawdown since its inception was -24.40%, which is greater than IFLO's maximum drawdown of -6.44%. Use the drawdown chart below to compare losses from any high point for DFIC and IFLO.

Drawdown Indicators

	DFIC	IFLO	Difference
Max Drawdown Largest peak-to-trough decline	-24.40%	-6.44%	-17.96%
Max Drawdown (1Y) Largest decline over 1 year	-11.00%	-6.44%	-4.56%
Max Drawdown (3Y) Largest decline over 3 years	-13.14%	—	—
Current Drawdown Current decline from peak	-1.18%	-1.99%	+0.81%
Average Drawdown Average peak-to-trough decline	-4.47%	-1.29%	-3.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.81%	1.91%	+0.90%

Volatility

DFIC vs. IFLO - Volatility Comparison

DFA Dimensional International Core Equity 2 ETF (DFIC) has a higher volatility of 3.47% compared to VictoryShares International Free Cash Flow ETF (IFLO) at 3.21%. This indicates that DFIC'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

	DFIC	IFLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.47%	3.21%	+0.26%
Volatility (6M) Calculated over the trailing 6-month period	12.35%	12.02%	+0.33%
Volatility (1Y) Calculated over the trailing 1-year period	14.40%	14.56%	-0.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.18%	14.53%	+1.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.18%	14.53%	+1.65%

DFIC vs. IFLO - Expense Ratio Comparison

DFIC has a 0.22% expense ratio, which is lower than IFLO's 0.56% expense ratio.

Dividends

DFIC vs. IFLO - Dividend Comparison

DFIC's dividend yield for the trailing twelve months is around 2.41%, more than IFLO's 1.57% yield.

Position	TTM	2025	2024	2023	2022
DFIC DFA Dimensional International Core Equity 2 ETF	2.41%	2.54%	2.87%	2.55%	1.47%
IFLO VictoryShares International Free Cash Flow ETF	1.57%	0.73%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DFIC and IFLO in my portfolio?

With a correlation of 0.90, DFIC and IFLO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DFIC or IFLO?

DFIC has higher volatility (3.47%) compared to IFLO (3.21%). In terms of maximum drawdown, DFIC dropped -24.40% vs IFLO's -6.44%.

Which ETF is better, DFIC or IFLO?

On 1-year performance, IFLO leads with 33.19% vs 24.59% for DFIC. On fees, DFIC is cheaper at 0.22% per year. On volatility, IFLO has been the lower-risk option at 3.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DFIC or IFLO?

Over the 1-year period, IFLO has performed better with a 33.19% return vs 24.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DFIC or IFLO?

DFIC is cheaper with a 0.22% expense ratio, compared with 0.56% for IFLO.

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

DFIC has the higher dividend yield at 2.41%, compared with 1.57% for IFLO.

What is the main difference between DFIC and IFLO?

They also come from different issuers: Dimensional and VictoryShares. Their fees differ too: 0.22% for DFIC and 0.56% for IFLO.

Which has better risk-adjusted returns?

IFLO currently has the higher Sharpe Ratio (2.29 vs 1.72), 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.