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SDSAX vs. VFLO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SDSAX vs. VFLO

Last updated Jun 4, 2026

SDSAX (Western Asset Income Fund) and VFLO (Victoryshares Free Cash Flow ETF) are both funds - SDSAX is a Multisector Bonds fund managed by Franklin Templeton, while VFLO is a Large Cap Value Equities fund tracking the Victory U.S. Large Cap Free Cash Flow Index. Over the past year, SDSAX returned 6.63% vs 38.74% for VFLO. At a 0.30 correlation, their price movements are largely independent. SDSAX charges 0.92%/yr vs 0.39%/yr for VFLO.

Performance

SDSAX vs. VFLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Western Asset Income Fund (SDSAX) and Victoryshares Free Cash Flow ETF (VFLO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, SDSAX achieves a 1.07% return, which is significantly lower than VFLO's 20.09% return.

SDSAX

1D
0.20%
1M
0.80%
YTD
1.07%
6M
1.10%
1Y
6.63%
3Y*
6.17%
5Y*
1.79%
10Y*
3.39%

VFLO

1D
-0.44%
1M
10.60%
YTD
20.09%
6M
21.04%
1Y
38.74%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

SDSAX vs. VFLO - Yearly Performance Comparison

2026 (YTD)202520242023
SDSAX
Western Asset Income Fund		1.07%7.99%4.35%5.31%
VFLO
Victoryshares Free Cash Flow ETF		20.09%17.51%21.83%14.59%

Correlation

The correlation between SDSAX and VFLO is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.29

Correlation (All Time)
Calculated using the full available price history since Jun 23, 2023

0.30

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Western Asset Income Fund

Victoryshares Free Cash Flow ETF

Often compared with SDSAX:
SDSAX vs. CRMVXSDSAX vs. FKRCXSDSAX vs. ANGLXSDSAX vs. FKINXSDSAX vs. ADVNXSDSAX vs. BWDTXSDSAX vs. FKGRX
Often compared with VFLO:
VFLO vs. COWZVFLO vs. SCHDVFLO vs. SPYVFLO vs. DSTLVFLO vs. QVALVFLO vs. ^SP500TRVFLO vs. FCFY

Return for Risk

SDSAX vs. VFLO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SDSAX
SDSAX Risk / Return Rank: 4848
Overall Rank
SDSAX Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
SDSAX Sortino Ratio Rank: 6161
Sortino Ratio Rank
SDSAX Omega Ratio Rank: 5757
Omega Ratio Rank
SDSAX Calmar Ratio Rank: 3535
Calmar Ratio Rank
SDSAX Martin Ratio Rank: 4646
Martin Ratio Rank
VFLO
VFLO Risk / Return Rank: 8585
Overall Rank
VFLO Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
VFLO Sortino Ratio Rank: 8282
Sortino Ratio Rank
VFLO Omega Ratio Rank: 7575
Omega Ratio Rank
VFLO Calmar Ratio Rank: 9494
Calmar Ratio Rank
VFLO Martin Ratio Rank: 9292
Martin Ratio Rank
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.

SDSAX vs. VFLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Western Asset Income Fund (SDSAX) 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.

SDSAXVFLODifference
Sharpe ratioReturn per unit of total volatility
1.90
2.60

-0.70

Sortino ratioReturn per unit of downside risk
3.29
3.76

-0.46

Omega ratioGain probability vs. loss probability

1.42

1.46

-0.04

Calmar ratioReturn relative to maximum drawdown

2.25

7.82

-5.57

Martin ratioReturn relative to average drawdown

9.67

23.81

-14.13

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SDSAX vs. VFLO - Sharpe Ratio Comparison

The current SDSAX Sharpe Ratio is 1.90, which is comparable to the VFLO Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of SDSAX and VFLO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SDSAXVFLODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.90

2.60

-0.70

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.39

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.70

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.15

1.63

-0.48

Drawdowns

SDSAX vs. VFLO - Drawdown Comparison

The maximum SDSAX drawdown since its inception was -27.16%, which is greater than VFLO's maximum drawdown of -17.79%. Use the drawdown chart below to compare losses from any high point for SDSAX and VFLO.

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Drawdown Indicators

SDSAXVFLODifference

Max Drawdown

Largest peak-to-trough decline

-27.16%

-17.79%

-9.37%

Max Drawdown (1Y)

Largest decline over 1 year

-2.96%

-4.98%

+2.02%

Max Drawdown (3Y)

Largest decline over 3 years

-4.95%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-17.75%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-20.55%

—

—

Current Drawdown

Current decline from peak

0.00%

-2.08%

+2.08%

Average Drawdown

Average peak-to-trough decline

-2.40%

-2.42%

+0.02%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.69%

1.63%

-0.94%

Volatility

SDSAX vs. VFLO - Volatility Comparison

The current volatility for Western Asset Income Fund (SDSAX) is 1.20%, while Victoryshares Free Cash Flow ETF (VFLO) has a volatility of 6.04%. This indicates that SDSAX experiences smaller price fluctuations and is considered to be less risky than VFLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SDSAXVFLODifference

Volatility (1M)

Calculated over the trailing 1-month period

1.20%

6.04%

-4.84%

Volatility (6M)

Calculated over the trailing 6-month period

2.69%

11.05%

-8.36%

Volatility (1Y)

Calculated over the trailing 1-year period

3.50%

15.02%

-11.52%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.63%

15.93%

-11.30%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.83%

15.93%

-11.10%

SDSAX vs. VFLO - Expense Ratio Comparison

SDSAX has a 0.92% expense ratio, which is higher than VFLO's 0.39% expense ratio.

Dividends

SDSAX vs. VFLO - Dividend Comparison

SDSAX's dividend yield for the trailing twelve months is around 6.25%, more than VFLO's 1.19% yield.

PositionTTM20252024202320222021202020192018201720162015
SDSAX
Western Asset Income Fund		6.25%6.85%6.05%6.54%4.78%3.39%4.48%5.69%5.97%4.90%5.14%9.07%
VFLO
Victoryshares Free Cash Flow ETF		1.19%1.60%1.20%0.71%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

SDSAX and VFLO have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

VFLO has higher volatility (6.04%) compared to SDSAX (1.20%). In terms of maximum drawdown, SDSAX dropped -27.16% vs VFLO's -17.79%.

VFLO currently has the higher Sharpe Ratio (2.60 vs 1.90), 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.

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