IFLO vs. HOLA

Last updated Jun 5, 2026

IFLO (VictoryShares International Free Cash Flow ETF) and HOLA (JPMorgan International Hedged Equity Laddered Overlay ETF) are both exchange-traded funds - IFLO is a Foreign Large Cap Equities fund managed by VictoryShares, while HOLA is a Equity Hedged fund actively managed by JPMorgan. A 0.77 correlation means they provide meaningful diversification when combined. IFLO charges 0.56%/yr vs 0.50%/yr for HOLA.

Performance

IFLO vs. HOLA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares International Free Cash Flow ETF (IFLO) and JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IFLO achieves a 20.27% return, which is significantly higher than HOLA's 4.32% return.

IFLO

• 1D: 0.80%
• 1M: 5.37%
• YTD: 20.27%
• 6M: 21.74%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOLA

• 1D: 0.40%
• 1M: 1.12%
• YTD: 4.32%
• 6M: 6.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IFLO vs. HOLA - Yearly Performance Comparison

	2026 (YTD)	2025
IFLO VictoryShares International Free Cash Flow ETF	20.27%	10.66%
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF	4.32%	7.55%

Correlation

The correlation between IFLO and HOLA is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025	0.77

IFLO vs. HOLA - Sectors Allocation Comparison

Sectors	IFLO	HOLA
Industrials	18.9%	15.5%
Technology	18.1%	11.9%
Consumer Cyclical	14.0%	6.2%
Energy	13.6%	2.6%
Healthcare	12.6%	9.5%
Basic Materials	11.6%	5.2%
Communication Services	6.2%	3.1%
Consumer Defensive	2.9%	6.5%
Utilities	1.2%	2.7%
Financial Services	0.9%	23.9%
Real Estate	0.0%	1.0%

Return for Risk

IFLO vs. HOLA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares International Free Cash Flow ETF (IFLO) and JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA). 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.

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

Sharpe Ratios by Period

	IFLO	HOLA	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.74	1.45	+1.29

Drawdowns

IFLO vs. HOLA - Drawdown Comparison

The maximum IFLO drawdown since its inception was -6.44%, smaller than the maximum HOLA drawdown of -6.99%. Use the drawdown chart below to compare losses from any high point for IFLO and HOLA.

Drawdown Indicators

	IFLO	HOLA	Difference
Max Drawdown Largest peak-to-trough decline	-6.44%	-6.99%	+0.55%
Current Drawdown Current decline from peak	0.00%	-1.52%	+1.52%
Average Drawdown Average peak-to-trough decline	-1.21%	-1.45%	+0.24%

Volatility

Volatility by Period

	IFLO	HOLA	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.15%	9.49%	+4.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.15%	9.49%	+4.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.15%	9.49%	+4.66%

IFLO vs. HOLA - Expense Ratio Comparison

IFLO has a 0.56% expense ratio, which is higher than HOLA's 0.50% expense ratio.

Dividends

IFLO vs. HOLA - Dividend Comparison

IFLO's dividend yield for the trailing twelve months is around 1.02%, less than HOLA's 2.90% yield.

Position	TTM	2025
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF	2.90%	3.02%
IFLO VictoryShares International Free Cash Flow ETF	1.02%	0.73%

Frequently Asked Questions

Can I hold both IFLO and HOLA in my portfolio?

IFLO and HOLA have a correlation of 0.77, 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 HOLA?

On fees, HOLA is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IFLO or HOLA?

HOLA is cheaper with a 0.50% expense ratio, compared with 0.56% for IFLO.

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

HOLA has the higher dividend yield at 2.90%, compared with 1.02% for IFLO.

What is the main difference between IFLO and HOLA?

IFLO is categorized as Foreign Large Cap Equities, while HOLA is Equity Hedged. They also come from different issuers: VictoryShares and JPMorgan. Their fees differ too: 0.56% for IFLO and 0.50% for HOLA.