IDVZ vs. IFLO

Last updated Jul 15, 2026

IDVZ (Opal International Dividend Income ETF) and IFLO (VictoryShares International Free Cash Flow ETF) are both Foreign Large Cap Equities funds. Over the past year, IDVZ returned 22.65% vs 31.49% for IFLO. A 0.73 correlation means they provide meaningful diversification when combined. IDVZ charges 0.75%/yr vs 0.56%/yr for IFLO.

Performance

IDVZ vs. IFLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Opal International Dividend Income ETF (IDVZ) 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, IDVZ achieves a 11.55% return, which is significantly lower than IFLO's 18.83% return.

IDVZ

• 1D: 1.10%
• 1M: -0.33%
• 6M: 9.39%
• YTD: 11.55%
• 1Y: 22.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IFLO

• 1D: 0.42%
• 1M: -0.45%
• 6M: 15.93%
• YTD: 18.83%
• 1Y: 31.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IDVZ vs. IFLO - Yearly Performance Comparison

	2026 (YTD)	2025
IDVZ Opal International Dividend Income ETF	11.55%	11.69%
IFLO VictoryShares International Free Cash Flow ETF	18.83%	13.12%

Correlation

The correlation between IDVZ and IFLO is 0.74, 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	0.74
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.73

The correlation between IDVZ and IFLO has been stable across timeframes, ranging from 0.73 to 0.74 - a consistent structural relationship.

Return for Risk

IDVZ vs. IFLO — Risk / Return Rank

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

IDVZ

IDVZ Risk / Return Rank: 68
IDVZ Sharpe Ratio Rank: 72
IDVZ Sortino Ratio Rank: 72
IDVZ Omega Ratio Rank: 71
IDVZ Calmar Ratio Rank: 61
IDVZ Martin Ratio Rank: 65

IFLO

IFLO Risk / Return Rank: 88
IFLO Sharpe Ratio Rank: 85
IFLO Sortino Ratio Rank: 87
IFLO Omega Ratio Rank: 82
IFLO Calmar Ratio Rank: 93
IFLO 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.

IDVZ vs. IFLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Opal International Dividend Income ETF (IDVZ) 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.

	IDVZ	IFLO	Difference
Sharpe ratio: Return per unit of total volatility	1.84	2.16	-0.31
Sortino ratio: Return per unit of downside risk	2.58	3.13	-0.55
Omega ratio: Gain probability vs. loss probability	1.34	1.39	-0.05
Calmar ratio: Return relative to maximum drawdown	2.43	4.91	-2.48
Martin ratio: Return relative to average drawdown	9.33	16.57	-7.25

IDVZ vs. IFLO - Sharpe Ratio Comparison

The current IDVZ Sharpe Ratio is 1.84, which is comparable to the IFLO Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of IDVZ 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

IDVZ vs. IFLO - Drawdown Comparison

The maximum IDVZ drawdown since its inception was -10.99%, which is greater than IFLO's maximum drawdown of -6.44%. Use the drawdown chart below to compare losses from any high point for IDVZ and IFLO.

Drawdown Indicators

	IDVZ	IFLO	Difference
Max Drawdown Largest peak-to-trough decline	-10.99%	-6.44%	-4.55%
Max Drawdown (1Y) Largest decline over 1 year	-9.35%	-6.44%	-2.91%
Current Drawdown Current decline from peak	-0.81%	-1.80%	+0.99%
Average Drawdown Average peak-to-trough decline	-1.46%	-1.29%	-0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.43%	1.92%	+0.51%

Volatility

IDVZ vs. IFLO - Volatility Comparison

The current volatility for Opal International Dividend Income ETF (IDVZ) is 3.28%, while VictoryShares International Free Cash Flow ETF (IFLO) has a volatility of 3.54%. This indicates that IDVZ experiences smaller price fluctuations and is considered to be less risky than IFLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDVZ	IFLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.28%	3.54%	-0.26%
Volatility (6M) Calculated over the trailing 6-month period	10.36%	12.03%	-1.67%
Volatility (1Y) Calculated over the trailing 1-year period	12.34%	14.68%	-2.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.40%	14.58%	-0.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.40%	14.58%	-0.18%

IDVZ vs. IFLO - Expense Ratio Comparison

IDVZ has a 0.75% expense ratio, which is higher than IFLO's 0.56% expense ratio.

Dividends

IDVZ vs. IFLO - Dividend Comparison

IDVZ's dividend yield for the trailing twelve months is around 2.57%, more than IFLO's 1.57% yield.

Position	TTM	2025
IDVZ Opal International Dividend Income ETF	2.57%	2.88%
IFLO VictoryShares International Free Cash Flow ETF	1.57%	0.73%

Frequently Asked Questions

Can I hold both IDVZ and IFLO in my portfolio?

IDVZ and IFLO have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IDVZ or IFLO?

IFLO has higher volatility (3.54%) compared to IDVZ (3.28%). In terms of maximum drawdown, IDVZ dropped -10.99% vs IFLO's -6.44%.

Which ETF is better, IDVZ or IFLO?

On 1-year performance, IFLO leads with 31.49% vs 22.65% for IDVZ. On fees, IFLO is cheaper at 0.56% per year. On volatility, IDVZ has been the lower-risk option at 3.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IDVZ or IFLO?

Over the 1-year period, IFLO has performed better with a 31.49% return vs 22.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IDVZ or IFLO?

IFLO is cheaper with a 0.56% expense ratio, compared with 0.75% for IDVZ.

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

IDVZ has the higher dividend yield at 2.57%, compared with 1.57% for IFLO.

What is the main difference between IDVZ and IFLO?

They also come from different issuers: TrueMark Investments and VictoryShares. Their fees differ too: 0.75% for IDVZ and 0.56% for IFLO.

Which has better risk-adjusted returns?

IFLO currently has the higher Sharpe Ratio (2.16 vs 1.84), 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.