SFLO vs. CVSM

Last updated Jul 14, 2026

SFLO (Victoryshares Small Cap Free Cash Flow ETF) and CVSM (CresAlta Small & Mid-Cap ETF) are both Small Cap Blend Equities funds. SFLO is passively managed, while CVSM is actively managed. At a 0.44 correlation, their price movements are largely independent. SFLO charges 0.49%/yr vs 0.55%/yr for CVSM.

Performance

SFLO vs. CVSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Victoryshares Small Cap Free Cash Flow ETF (SFLO) and CresAlta Small & Mid-Cap ETF (CVSM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SFLO

• 1D: 1.48%
• 1M: 7.28%
• 6M: 20.06%
• YTD: 23.48%
• 1Y: 33.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CVSM

• 1D: 0.17%
• 1M: -1.46%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SFLO vs. CVSM - Yearly Performance Comparison

	2026 (YTD)
SFLO Victoryshares Small Cap Free Cash Flow ETF	14.54%
CVSM CresAlta Small & Mid-Cap ETF	3.14%

Correlation

The correlation between SFLO and CVSM is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 18, 2026	0.44

Return for Risk

SFLO vs. CVSM — Risk / Return Rank

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

SFLO

SFLO Risk / Return Rank: 81
SFLO Sharpe Ratio Rank: 77
SFLO Sortino Ratio Rank: 79
SFLO Omega Ratio Rank: 71
SFLO Calmar Ratio Rank: 90
SFLO Martin Ratio Rank: 86

CVSM

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

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.

SFLO vs. CVSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Victoryshares Small Cap Free Cash Flow ETF (SFLO) and CresAlta Small & Mid-Cap ETF (CVSM). 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.

	SFLO	CVSM	Difference
Sharpe ratio: Return per unit of total volatility	1.94	—	—
Sortino ratio: Return per unit of downside risk	2.80	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	4.35	—	—
Martin ratio: Return relative to average drawdown	14.11	—	—

Drawdowns

SFLO vs. CVSM - Drawdown Comparison

The maximum SFLO drawdown since its inception was -26.63%, which is greater than CVSM's maximum drawdown of -3.36%. Use the drawdown chart below to compare losses from any high point for SFLO and CVSM.

Drawdown Indicators

	SFLO	CVSM	Difference
Max Drawdown Largest peak-to-trough decline	-26.63%	-3.36%	-23.27%
Max Drawdown (1Y) Largest decline over 1 year	-7.80%	—	—
Current Drawdown Current decline from peak	0.00%	-1.46%	+1.46%
Average Drawdown Average peak-to-trough decline	-4.22%	-1.01%	-3.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.41%	—	—

Volatility

Volatility by Period

	SFLO	CVSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.34%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.40%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.57%	11.19%	+6.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.47%	11.19%	+9.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.47%	11.19%	+9.28%

SFLO vs. CVSM - Expense Ratio Comparison

SFLO has a 0.49% expense ratio, which is lower than CVSM's 0.55% expense ratio.

Dividends

SFLO vs. CVSM - Dividend Comparison

SFLO's dividend yield for the trailing twelve months is around 0.75%, more than CVSM's 0.23% yield.

Position	TTM	2025	2024
CVSM CresAlta Small & Mid-Cap ETF	0.23%	0.00%	0.00%
SFLO Victoryshares Small Cap Free Cash Flow ETF	0.75%	1.04%	1.28%

Frequently Asked Questions

Can I hold both SFLO and CVSM in my portfolio?

SFLO and CVSM have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SFLO or CVSM?

On fees, SFLO is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SFLO or CVSM?

SFLO is cheaper with a 0.49% expense ratio, compared with 0.55% for CVSM.

Which ETF pays a higher dividend yield, SFLO or CVSM?

SFLO has the higher dividend yield at 0.75%, compared with 0.23% for CVSM.

What is the main difference between SFLO and CVSM?

They also come from different issuers: Victory and CresAlta. Their fees differ too: 0.49% for SFLO and 0.55% for CVSM.