IFLO vs. AVDV

Last updated Jun 23, 2026

IFLO (VictoryShares International Free Cash Flow ETF) and AVDV (Avantis International Small Cap Value ETF) are both exchange-traded funds - IFLO is a Foreign Large Cap Equities fund managed by VictoryShares, while AVDV is a Foreign Small & Mid Cap Equities fund actively managed by Avantis. Their correlation of 0.86 suggests significant overlap in exposure. IFLO charges 0.56%/yr vs 0.36%/yr for AVDV.

Performance

IFLO vs. AVDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares International Free Cash Flow ETF (IFLO) and Avantis International Small Cap Value ETF (AVDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IFLO achieves a 19.27% return, which is significantly higher than AVDV's 15.88% return.

IFLO

• 1D: -0.34%
• 1M: 2.38%
• YTD: 19.27%
• 6M: 19.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVDV

• 1D: 0.58%
• 1M: 0.45%
• YTD: 15.88%
• 6M: 16.04%
• 1Y: 44.77%
• 3Y*: 28.44%
• 5Y*: 14.52%
• 10Y*: —

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

IFLO vs. AVDV - Yearly Performance Comparison

	2026 (YTD)	2025
IFLO VictoryShares International Free Cash Flow ETF	19.27%	13.12%
AVDV Avantis International Small Cap Value ETF	15.88%	23.82%

Correlation

The correlation between IFLO and AVDV is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.86

IFLO vs. AVDV - Sectors Allocation Comparison

Sectors	IFLO	AVDV
Technology	21.5%	6.6%
Industrials	18.1%	22.8%
Consumer Cyclical	13.8%	15.4%
Energy	12.1%	9.6%
Healthcare	11.7%	2.3%
Basic Materials	11.3%	21.0%
Communication Services	6.7%	2.4%
Consumer Defensive	2.8%	3.4%
Financial Services	1.1%	13.6%
Utilities	1.0%	1.7%
Real Estate	0.0%	1.3%

Return for Risk

IFLO vs. AVDV — Risk / Return Rank

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

IFLO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

AVDV

AVDV Risk / Return Rank: 80
AVDV Sharpe Ratio Rank: 88
AVDV Sortino Ratio Rank: 85
AVDV Omega Ratio Rank: 85
AVDV Calmar Ratio Rank: 70
AVDV Martin Ratio Rank: 74

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.

IFLO vs. AVDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares International Free Cash Flow ETF (IFLO) and Avantis International Small Cap Value ETF (AVDV). 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.

	IFLO	AVDV	Difference
Sharpe ratio: Return per unit of total volatility	—	2.77	—
Sortino ratio: Return per unit of downside risk	—	3.62	—
Omega ratio: Gain probability vs. loss probability	—	1.50	—
Calmar ratio: Return relative to maximum drawdown	—	3.41	—
Martin ratio: Return relative to average drawdown	—	13.59	—

Drawdowns

IFLO vs. AVDV - Drawdown Comparison

The maximum IFLO drawdown since its inception was -6.44%, smaller than the maximum AVDV drawdown of -43.01%. Use the drawdown chart below to compare losses from any high point for IFLO and AVDV.

Drawdown Indicators

	IFLO	AVDV	Difference
Max Drawdown Largest peak-to-trough decline	-6.44%	-43.01%	+36.57%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.19%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.17%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.08%	—
Current Drawdown Current decline from peak	-1.43%	-1.49%	+0.06%
Average Drawdown Average peak-to-trough decline	-1.22%	-6.74%	+5.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.30%	—

Volatility

Volatility by Period

	IFLO	AVDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.78%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.93%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.71%	16.28%	-1.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.71%	17.38%	-2.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.71%	19.75%	-5.04%

IFLO vs. AVDV - Expense Ratio Comparison

IFLO has a 0.56% expense ratio, which is higher than AVDV's 0.36% expense ratio.

Dividends

IFLO vs. AVDV - Dividend Comparison

IFLO's dividend yield for the trailing twelve months is around 1.48%, less than AVDV's 4.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVDV Avantis International Small Cap Value ETF	4.08%	3.05%	4.31%	3.29%	3.17%	2.39%	1.67%	0.36%
IFLO VictoryShares International Free Cash Flow ETF	1.48%	0.73%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IFLO and AVDV in my portfolio?

IFLO and AVDV have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IFLO or AVDV?

On fees, AVDV is cheaper at 0.36% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IFLO or AVDV?

AVDV is cheaper with a 0.36% expense ratio, compared with 0.56% for IFLO.

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

AVDV has the higher dividend yield at 4.08%, compared with 1.48% for IFLO.

What is the main difference between IFLO and AVDV?

IFLO is categorized as Foreign Large Cap Equities, while AVDV is Foreign Small & Mid Cap Equities. They also come from different issuers: VictoryShares and Avantis. Their fees differ too: 0.56% for IFLO and 0.36% for AVDV.