QOWZ vs. VFLO
Compare and contrast key facts about Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) and Victoryshares Free Cash Flow ETF (VFLO).
QOWZ and VFLO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QOWZ is a passively managed fund by Invesco that tracks the performance of the Nasdaq US Free Cash Flow Achievers Index - Benchmark TR Gross. It was launched on Dec 4, 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. Both QOWZ and VFLO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QOWZ or VFLO.
Correlation
The correlation between QOWZ and VFLO is 0.80, 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
QOWZ vs. VFLO - Performance Comparison
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Key characteristics
QOWZ:
15.65%
VFLO:
19.30%
QOWZ:
-1.01%
VFLO:
-17.78%
QOWZ:
-0.09%
VFLO:
-8.22%
Returns By Period
QOWZ
N/A
N/A
N/A
N/A
N/A
N/A
VFLO
-1.55%
5.84%
-5.80%
7.41%
N/A
N/A
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QOWZ vs. VFLO - Expense Ratio Comparison
Both QOWZ and VFLO have an expense ratio of 0.39%.
Risk-Adjusted Performance
QOWZ vs. VFLO — Risk-Adjusted Performance Rank
QOWZ
VFLO
QOWZ vs. VFLO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) 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.
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Dividends
QOWZ vs. VFLO - Dividend Comparison
QOWZ's dividend yield for the trailing twelve months is around 0.68%, less than VFLO's 1.33% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
QOWZ Invesco Nasdaq Free Cash Flow Achievers ETF | 0.68% | 0.00% | 0.00% |
VFLO Victoryshares Free Cash Flow ETF | 1.33% | 1.20% | 0.71% |
Drawdowns
QOWZ vs. VFLO - Drawdown Comparison
The maximum QOWZ drawdown since its inception was -1.01%, smaller than the maximum VFLO drawdown of -17.78%. Use the drawdown chart below to compare losses from any high point for QOWZ and VFLO. For additional features, visit the drawdowns tool.
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Volatility
QOWZ vs. VFLO - Volatility Comparison
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