ELCV vs. VFLO

Last updated Jul 14, 2026

ELCV (Eventide High Dividend ETF) and VFLO (VictoryShares Free Cash Flow ETF) are both Large Cap Value Equities funds. ELCV is actively managed, while VFLO is passively managed. Over the past year, ELCV returned 27.76% vs 35.29% for VFLO. A 0.60 correlation means they provide meaningful diversification when combined. ELCV charges 0.49%/yr vs 0.39%/yr for VFLO.

Performance

ELCV vs. VFLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eventide High Dividend ETF (ELCV) and VictoryShares Free Cash Flow ETF (VFLO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with ELCV having a 22.35% return and VFLO slightly lower at 21.96%.

ELCV

• 1D: -0.56%
• 1M: 0.12%
• 6M: 19.04%
• YTD: 22.35%
• 1Y: 27.76%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VFLO

• 1D: 0.95%
• 1M: 3.40%
• 6M: 19.15%
• YTD: 21.96%
• 1Y: 35.29%
• 3Y*: 24.54%
• 5Y*: —
• 10Y*: —

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

ELCV vs. VFLO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ELCV Eventide High Dividend ETF	22.35%	9.96%	-0.64%
VFLO VictoryShares Free Cash Flow ETF	21.96%	17.51%	2.75%

Correlation

The correlation between ELCV and VFLO is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (All Time) Calculated using the full available price history since Oct 1, 2024	0.60

The correlation between ELCV and VFLO shifts across timeframes, from 0.48 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ELCV vs. VFLO — Risk / Return Rank

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

ELCV

ELCV Risk / Return Rank: 89
ELCV Sharpe Ratio Rank: 88
ELCV Sortino Ratio Rank: 86
ELCV Omega Ratio Rank: 84
ELCV Calmar Ratio Rank: 94
ELCV Martin Ratio Rank: 93

VFLO

VFLO Risk / Return Rank: 89
VFLO Sharpe Ratio Rank: 88
VFLO Sortino Ratio Rank: 88
VFLO Omega Ratio Rank: 85
VFLO Calmar Ratio Rank: 94
VFLO Martin Ratio Rank: 91

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.

ELCV vs. VFLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eventide High Dividend ETF (ELCV) 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.

	ELCV	VFLO	Difference
Sharpe ratio: Return per unit of total volatility	2.27	2.27	0.00
Sortino ratio: Return per unit of downside risk	3.09	3.21	-0.12
Omega ratio: Gain probability vs. loss probability	1.40	1.40	-0.01
Calmar ratio: Return relative to maximum drawdown	5.52	5.50	+0.02
Martin ratio: Return relative to average drawdown	18.59	17.06	+1.53

ELCV vs. VFLO - Sharpe Ratio Comparison

The current ELCV Sharpe Ratio is 2.27, which is comparable to the VFLO Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of ELCV 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

ELCV vs. VFLO - Drawdown Comparison

The maximum ELCV drawdown since its inception was -18.38%, roughly equal to the maximum VFLO drawdown of -17.79%. Use the drawdown chart below to compare losses from any high point for ELCV and VFLO.

Drawdown Indicators

	ELCV	VFLO	Difference
Max Drawdown Largest peak-to-trough decline	-18.38%	-17.79%	-0.59%
Max Drawdown (1Y) Largest decline over 1 year	-5.05%	-6.44%	+1.39%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.79%	—
Current Drawdown Current decline from peak	-2.34%	-0.55%	-1.79%
Average Drawdown Average peak-to-trough decline	-3.59%	-2.46%	-1.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.50%	2.08%	-0.58%

Volatility

ELCV vs. VFLO - Volatility Comparison

Eventide High Dividend ETF (ELCV) and VictoryShares Free Cash Flow ETF (VFLO) have volatilities of 4.61% and 4.48%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ELCV	VFLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.61%	4.48%	+0.13%
Volatility (6M) Calculated over the trailing 6-month period	9.57%	12.07%	-2.50%
Volatility (1Y) Calculated over the trailing 1-year period	12.32%	15.65%	-3.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.44%	16.00%	-0.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.44%	16.00%	-0.56%

ELCV vs. VFLO - Expense Ratio Comparison

ELCV has a 0.49% expense ratio, which is higher than VFLO's 0.39% expense ratio.

Dividends

ELCV vs. VFLO - Dividend Comparison

ELCV's dividend yield for the trailing twelve months is around 2.10%, more than VFLO's 1.12% yield.

Position	TTM	2025	2024	2023
ELCV Eventide High Dividend ETF	2.10%	2.34%	0.29%	0.00%
VFLO VictoryShares Free Cash Flow ETF	1.12%	1.60%	1.20%	0.71%

Frequently Asked Questions

Can I hold both ELCV and VFLO in my portfolio?

ELCV and VFLO have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ELCV or VFLO?

ELCV has higher volatility (4.61%) compared to VFLO (4.48%). In terms of maximum drawdown, ELCV dropped -18.38% vs VFLO's -17.79%.

Which ETF is better, ELCV or VFLO?

On 1-year performance, VFLO leads with 35.29% vs 27.76% for ELCV. On fees, VFLO is cheaper at 0.39% per year. On volatility, VFLO has been the lower-risk option at 4.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ELCV or VFLO?

Over the 1-year period, VFLO has performed better with a 35.29% return vs 27.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ELCV or VFLO?

VFLO is cheaper with a 0.39% expense ratio, compared with 0.49% for ELCV.

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

ELCV has the higher dividend yield at 2.10%, compared with 1.12% for VFLO.

What is the main difference between ELCV and VFLO?

They also come from different issuers: Eventide and Victory. Their fees differ too: 0.49% for ELCV and 0.39% for VFLO.

Which has better risk-adjusted returns?

VFLO currently has the higher Sharpe Ratio (2.27 vs 2.27), 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.