HCOW vs. VFLO
Compare and contrast key facts about Amplify Cash Flow High Income ETF (HCOW) and Victoryshares Free Cash Flow ETF (VFLO).
HCOW and VFLO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HCOW is an actively managed fund by Amplify. It was launched on Sep 19, 2023. VFLO is a passively managed fund by VictoryShares that tracks the performance of the Victory U.S. Large Cap Free Cash Flow Index. It was launched on Jun 21, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HCOW or VFLO.
Correlation
The correlation between HCOW and VFLO is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
HCOW vs. VFLO - Performance Comparison
Key characteristics
HCOW:
0.55
VFLO:
1.97
HCOW:
0.87
VFLO:
2.78
HCOW:
1.10
VFLO:
1.34
HCOW:
0.96
VFLO:
3.04
HCOW:
1.89
VFLO:
8.38
HCOW:
4.33%
VFLO:
3.10%
HCOW:
14.84%
VFLO:
13.24%
HCOW:
-8.49%
VFLO:
-8.54%
HCOW:
-6.22%
VFLO:
-1.06%
Returns By Period
In the year-to-date period, HCOW achieves a 0.59% return, which is significantly lower than VFLO's 6.12% return.
HCOW
0.59%
-2.05%
3.22%
9.47%
N/A
N/A
VFLO
6.12%
1.06%
12.35%
27.04%
N/A
N/A
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HCOW vs. VFLO - Expense Ratio Comparison
HCOW has a 0.65% expense ratio, which is higher than VFLO's 0.39% expense ratio.
Risk-Adjusted Performance
HCOW vs. VFLO — Risk-Adjusted Performance Rank
HCOW
VFLO
HCOW vs. VFLO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Cash Flow High Income ETF (HCOW) 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.
Dividends
HCOW vs. VFLO - Dividend Comparison
HCOW's dividend yield for the trailing twelve months is around 8.16%, more than VFLO's 1.16% yield.
TTM | 2024 | 2023 | |
---|---|---|---|
HCOW Amplify Cash Flow High Income ETF | 8.16% | 8.13% | 1.99% |
VFLO Victoryshares Free Cash Flow ETF | 1.16% | 1.20% | 0.71% |
Drawdowns
HCOW vs. VFLO - Drawdown Comparison
The maximum HCOW drawdown since its inception was -8.49%, roughly equal to the maximum VFLO drawdown of -8.54%. Use the drawdown chart below to compare losses from any high point for HCOW and VFLO. For additional features, visit the drawdowns tool.
Volatility
HCOW vs. VFLO - Volatility Comparison
Amplify Cash Flow High Income ETF (HCOW) and Victoryshares Free Cash Flow ETF (VFLO) have volatilities of 3.13% and 3.17%, 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.