TOUS vs. IFLO

Last updated Jul 14, 2026

TOUS (T. Rowe Price International Equity ETF) and IFLO (VictoryShares International Free Cash Flow ETF) are both Foreign Large Cap Equities funds. Over the past year, TOUS returned 20.09% vs 31.49% for IFLO. Their correlation of 0.87 suggests significant overlap in exposure. TOUS charges 0.50%/yr vs 0.56%/yr for IFLO.

Performance

TOUS vs. IFLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price International Equity ETF (TOUS) 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, TOUS achieves a 10.29% return, which is significantly lower than IFLO's 18.32% return.

TOUS

• 1D: -0.96%
• 1M: 0.05%
• 6M: 6.05%
• YTD: 10.29%
• 1Y: 20.09%
• 3Y*: 16.36%
• 5Y*: —
• 10Y*: —

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)

TOUS vs. IFLO - Yearly Performance Comparison

	2026 (YTD)	2025
TOUS T. Rowe Price International Equity ETF	10.29%	10.63%
IFLO VictoryShares International Free Cash Flow ETF	18.32%	13.12%

Correlation

The correlation between TOUS and IFLO is 0.87, 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	0.87
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.87

The correlation between TOUS and IFLO has been stable across timeframes, ranging from 0.87 to 0.87 - a consistent structural relationship.

TOUS vs. IFLO - Sectors Allocation Comparison

Sectors	TOUS	IFLO
Financial Services	23.0%	1.1%
Industrials	18.6%	18.1%
Technology	14.0%	21.5%
Healthcare	9.4%	11.7%
Consumer Defensive	6.3%	2.8%
Consumer Cyclical	5.6%	13.8%
Basic Materials	4.8%	11.3%
Energy	4.2%	12.1%
Communication Services	4.1%	6.7%
Utilities	3.0%	1.0%
Real Estate	1.4%	0.0%

Return for Risk

TOUS vs. IFLO — Risk / Return Rank

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

TOUS

TOUS Risk / Return Rank: 44
TOUS Sharpe Ratio Rank: 45
TOUS Sortino Ratio Rank: 45
TOUS Omega Ratio Rank: 46
TOUS Calmar Ratio Rank: 41
TOUS Martin Ratio Rank: 46

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.

TOUS vs. IFLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price International Equity ETF (TOUS) 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.

	TOUS	IFLO	Difference
Sharpe ratio: Return per unit of total volatility	1.26	2.16	-0.89
Sortino ratio: Return per unit of downside risk	1.87	3.13	-1.26
Omega ratio: Gain probability vs. loss probability	1.23	1.39	-0.15
Calmar ratio: Return relative to maximum drawdown	1.65	4.91	-3.26
Martin ratio: Return relative to average drawdown	5.98	16.50	-10.52

TOUS vs. IFLO - Sharpe Ratio Comparison

The current TOUS Sharpe Ratio is 1.26, which is lower than the IFLO Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of TOUS 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

TOUS vs. IFLO - Drawdown Comparison

The maximum TOUS drawdown since its inception was -14.29%, which is greater than IFLO's maximum drawdown of -6.44%. Use the drawdown chart below to compare losses from any high point for TOUS and IFLO.

Drawdown Indicators

	TOUS	IFLO	Difference
Max Drawdown Largest peak-to-trough decline	-14.29%	-6.44%	-7.85%
Max Drawdown (1Y) Largest decline over 1 year	-12.23%	-6.44%	-5.79%
Max Drawdown (3Y) Largest decline over 3 years	-14.29%	—	—
Current Drawdown Current decline from peak	-2.31%	-2.22%	-0.09%
Average Drawdown Average peak-to-trough decline	-2.77%	-1.29%	-1.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.37%	1.91%	+1.46%

Volatility

TOUS vs. IFLO - Volatility Comparison

T. Rowe Price International Equity ETF (TOUS) and VictoryShares International Free Cash Flow ETF (IFLO) have volatilities of 4.86% and 4.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TOUS	IFLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.86%	4.77%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	13.89%	12.05%	+1.84%
Volatility (1Y) Calculated over the trailing 1-year period	16.00%	14.71%	+1.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.27%	14.61%	+0.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.27%	14.61%	+0.66%

TOUS vs. IFLO - Expense Ratio Comparison

TOUS has a 0.50% expense ratio, which is lower than IFLO's 0.56% expense ratio.

Dividends

TOUS vs. IFLO - Dividend Comparison

TOUS's dividend yield for the trailing twelve months is around 1.58%, which matches IFLO's 1.57% yield.

Position	TTM	2025	2024	2023
IFLO VictoryShares International Free Cash Flow ETF	1.57%	0.73%	0.00%	0.00%
TOUS T. Rowe Price International Equity ETF	1.58%	1.74%	3.01%	0.50%

Frequently Asked Questions

Can I hold both TOUS and IFLO in my portfolio?

TOUS and IFLO have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TOUS or IFLO?

TOUS has higher volatility (4.86%) compared to IFLO (4.77%). In terms of maximum drawdown, TOUS dropped -14.29% vs IFLO's -6.44%.

Which ETF is better, TOUS or IFLO?

On 1-year performance, IFLO leads with 31.49% vs 20.09% for TOUS. On fees, TOUS is cheaper at 0.50% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TOUS or IFLO?

Over the 1-year period, IFLO has performed better with a 31.49% return vs 20.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TOUS or IFLO?

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

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

TOUS has the higher dividend yield at 1.58%, compared with 1.57% for IFLO.

What is the main difference between TOUS and IFLO?

They also come from different issuers: T. Rowe Price and VictoryShares. Their fees differ too: 0.50% for TOUS and 0.56% for IFLO.

Which has better risk-adjusted returns?

IFLO currently has the higher Sharpe Ratio (2.16 vs 1.26), 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.