RFDI vs. IFLO

Last updated Jul 14, 2026

RFDI (First Trust RiverFront Dynamic Developed International ETF) and IFLO (VictoryShares International Free Cash Flow ETF) are both Foreign Large Cap Equities funds. Over the past year, RFDI returned 24.60% vs 31.49% for IFLO. Their correlation of 0.86 suggests significant overlap in exposure. RFDI charges 0.83%/yr vs 0.56%/yr for IFLO.

Performance

RFDI vs. IFLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust RiverFront Dynamic Developed International ETF (RFDI) 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, RFDI achieves a 10.50% return, which is significantly lower than IFLO's 18.32% return.

RFDI

• 1D: -0.64%
• 1M: -0.00%
• 6M: 7.67%
• YTD: 10.50%
• 1Y: 24.60%
• 3Y*: 18.50%
• 5Y*: 8.13%
• 10Y*: 8.87%

IFLO

• 1D: -0.65%
• 1M: -0.87%
• 6M: 14.97%
• YTD: 18.32%
• 1Y: 31.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RFDI vs. IFLO - Yearly Performance Comparison

	2026 (YTD)	2025
RFDI First Trust RiverFront Dynamic Developed International ETF	10.50%	14.96%
IFLO VictoryShares International Free Cash Flow ETF	18.32%	13.12%

Correlation

The correlation between RFDI and IFLO 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 (1Y) Calculated over the trailing 1-year period	0.86
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.86

The correlation between RFDI and IFLO has been stable across timeframes, ranging from 0.86 to 0.86 - a consistent structural relationship.

RFDI vs. IFLO - Sectors Allocation Comparison

Sectors	RFDI	IFLO
Financial Services	27.8%	1.1%
Industrials	11.6%	18.1%
Energy	10.6%	12.1%
Consumer Cyclical	10.5%	13.8%
Healthcare	8.6%	11.7%
Technology	7.6%	21.5%
Consumer Defensive	7.0%	2.8%
Communication Services	5.1%	6.7%
Basic Materials	5.0%	11.3%
Utilities	4.4%	1.0%
Real Estate	1.9%	0.0%

Return for Risk

RFDI vs. IFLO — Risk / Return Rank

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

RFDI

RFDI Risk / Return Rank: 62
RFDI Sharpe Ratio Rank: 64
RFDI Sortino Ratio Rank: 63
RFDI Omega Ratio Rank: 61
RFDI Calmar Ratio Rank: 61
RFDI Martin Ratio Rank: 62

IFLO

IFLO Risk / Return Rank: 87
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.

RFDI vs. IFLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust RiverFront Dynamic Developed International ETF (RFDI) 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.

	RFDI	IFLO	Difference
Sharpe ratio: Return per unit of total volatility	1.66	2.16	-0.49
Sortino ratio: Return per unit of downside risk	2.35	3.13	-0.78
Omega ratio: Gain probability vs. loss probability	1.30	1.39	-0.09
Calmar ratio: Return relative to maximum drawdown	2.42	4.91	-2.49
Martin ratio: Return relative to average drawdown	8.72	16.50	-7.79

RFDI vs. IFLO - Sharpe Ratio Comparison

The current RFDI Sharpe Ratio is 1.66, which is comparable to the IFLO Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of RFDI 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

RFDI vs. IFLO - Drawdown Comparison

The maximum RFDI drawdown since its inception was -39.40%, which is greater than IFLO's maximum drawdown of -6.44%. Use the drawdown chart below to compare losses from any high point for RFDI and IFLO.

Drawdown Indicators

	RFDI	IFLO	Difference
Max Drawdown Largest peak-to-trough decline	-39.40%	-6.44%	-32.96%
Max Drawdown (1Y) Largest decline over 1 year	-10.20%	-6.44%	-3.76%
Max Drawdown (3Y) Largest decline over 3 years	-13.44%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-35.87%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.40%	—	—
Current Drawdown Current decline from peak	-0.98%	-2.22%	+1.24%
Average Drawdown Average peak-to-trough decline	-9.16%	-1.29%	-7.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.83%	1.91%	+0.92%

Volatility

RFDI vs. IFLO - Volatility Comparison

The current volatility for First Trust RiverFront Dynamic Developed International ETF (RFDI) is 4.29%, while VictoryShares International Free Cash Flow ETF (IFLO) has a volatility of 4.77%. This indicates that RFDI 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

	RFDI	IFLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.29%	4.77%	-0.48%
Volatility (6M) Calculated over the trailing 6-month period	12.61%	12.05%	+0.56%
Volatility (1Y) Calculated over the trailing 1-year period	14.90%	14.71%	+0.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.82%	14.61%	+2.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.01%	14.61%	+2.40%

RFDI vs. IFLO - Expense Ratio Comparison

RFDI has a 0.83% expense ratio, which is higher than IFLO's 0.56% expense ratio.

Dividends

RFDI vs. IFLO - Dividend Comparison

RFDI's dividend yield for the trailing twelve months is around 3.20%, more than IFLO's 1.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
IFLO VictoryShares International Free Cash Flow ETF	1.57%	0.73%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RFDI First Trust RiverFront Dynamic Developed International ETF	3.20%	3.45%	5.21%	2.43%	5.00%	3.22%	1.34%	2.72%	2.59%	1.63%	1.85%

Frequently Asked Questions

Can I hold both RFDI and IFLO in my portfolio?

RFDI and IFLO 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 is riskier, RFDI or IFLO?

IFLO has higher volatility (4.77%) compared to RFDI (4.29%). In terms of maximum drawdown, RFDI dropped -39.40% vs IFLO's -6.44%.

Which ETF is better, RFDI or IFLO?

On 1-year performance, IFLO leads with 31.49% vs 24.60% for RFDI. On fees, IFLO is cheaper at 0.56% per year. On volatility, RFDI has been the lower-risk option at 4.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RFDI or IFLO?

Over the 1-year period, IFLO has performed better with a 31.49% return vs 24.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RFDI or IFLO?

IFLO is cheaper with a 0.56% expense ratio, compared with 0.83% for RFDI.

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

RFDI has the higher dividend yield at 3.20%, compared with 1.57% for IFLO.

What is the main difference between RFDI and IFLO?

They also come from different issuers: First Trust and VictoryShares. Their fees differ too: 0.83% for RFDI and 0.56% for IFLO.

Which has better risk-adjusted returns?

IFLO currently has the higher Sharpe Ratio (2.16 vs 1.66), 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.