UBND vs. GFLW

Last updated Apr 1, 2026

Compare and contrast key facts about VictoryShares Core Plus Intermediate Bond ETF (UBND) and VictoryShares Free Cash Flow Growth ETF (GFLW).

UBND and GFLW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UBND is an actively managed fund by Victory. It was launched on Oct 4, 2021. GFLW is a passively managed fund by Victory that tracks the performance of the Victory Free Cash Flow Growth Index. It was launched on Dec 3, 2024.

Performance

UBND vs. GFLW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares Core Plus Intermediate Bond ETF (UBND) and VictoryShares Free Cash Flow Growth ETF (GFLW). The values are adjusted to include any dividend payments, if applicable.

UBND vs. GFLW - Yearly Performance Comparison

	2026 (YTD)	2025	2024
UBND VictoryShares Core Plus Intermediate Bond ETF	-0.16%	7.79%	-1.77%
GFLW VictoryShares Free Cash Flow Growth ETF	-6.62%	18.40%	-6.12%

Returns By Period

In the year-to-date period, UBND achieves a -0.16% return, which is significantly higher than GFLW's -6.62% return.

UBND

• 1D: 0.46%
• 1M: -1.72%
• YTD: -0.16%
• 6M: 1.16%
• 1Y: 4.65%
• 3Y*: 4.72%
• 5Y*: —
• 10Y*: —

GFLW

• 1D: 4.52%
• 1M: -5.02%
• YTD: -6.62%
• 6M: -8.32%
• 1Y: 21.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UBND vs. GFLW - Expense Ratio Comparison

UBND has a 0.40% expense ratio, which is higher than GFLW's 0.39% expense ratio.

UBND

VictoryShares Core Plus Intermediate Bond ETF

GFLW

VictoryShares Free Cash Flow Growth ETF

Return for Risk

UBND vs. GFLW — Risk / Return Rank

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

UBND

UBND Risk / Return Rank: 63
UBND Sharpe Ratio Rank: 66
UBND Sortino Ratio Rank: 65
UBND Omega Ratio Rank: 56
UBND Calmar Ratio Rank: 71
UBND Martin Ratio Rank: 57

GFLW

GFLW Risk / Return Rank: 49
GFLW Sharpe Ratio Rank: 46
GFLW Sortino Ratio Rank: 49
GFLW Omega Ratio Rank: 47
GFLW Calmar Ratio Rank: 53
GFLW Martin Ratio Rank: 48

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.

UBND vs. GFLW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares Core Plus Intermediate Bond ETF (UBND) and VictoryShares Free Cash Flow Growth ETF (GFLW). 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.

	UBND	GFLW	Difference
Sharpe ratio Return per unit of total volatility	1.17	0.87	+0.30
Sortino ratio Return per unit of downside risk	1.65	1.37	+0.28
Omega ratio Gain probability vs. loss probability	1.21	1.18	+0.03
Calmar ratio Return relative to maximum drawdown	1.83	1.40	+0.42
Martin ratio Return relative to average drawdown	5.55	4.72	+0.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UBND vs. GFLW - Sharpe Ratio Comparison

The current UBND Sharpe Ratio is 1.17, which is higher than the GFLW Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of UBND and GFLW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	UBND	GFLW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.17	0.87	+0.30
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.12	+0.04

Correlation

The correlation between UBND and GFLW is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

UBND vs. GFLW - Dividend Comparison

UBND's dividend yield for the trailing twelve months is around 4.66%, more than GFLW's 0.02% yield.

	TTM	2025	2024	2023	2022	2021
UBND VictoryShares Core Plus Intermediate Bond ETF	4.66%	4.56%	4.63%	4.37%	3.28%	0.28%
GFLW VictoryShares Free Cash Flow Growth ETF	0.02%	0.02%	0.01%	0.00%	0.00%	0.00%

Drawdowns

UBND vs. GFLW - Drawdown Comparison

The maximum UBND drawdown since its inception was -16.53%, smaller than the maximum GFLW drawdown of -24.14%. Use the drawdown chart below to compare losses from any high point for UBND and GFLW.

Drawdown Indicators

	UBND	GFLW	Difference
Max Drawdown Largest peak-to-trough decline	-16.53%	-24.14%	+7.61%
Max Drawdown (1Y) Largest decline over 1 year	-2.64%	-14.95%	+12.31%
Current Drawdown Current decline from peak	-1.72%	-11.10%	+9.38%
Average Drawdown Average peak-to-trough decline	-5.60%	-4.97%	-0.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.87%	4.44%	-3.57%

Volatility

UBND vs. GFLW - Volatility Comparison

The current volatility for VictoryShares Core Plus Intermediate Bond ETF (UBND) is 1.51%, while VictoryShares Free Cash Flow Growth ETF (GFLW) has a volatility of 7.97%. This indicates that UBND experiences smaller price fluctuations and is considered to be less risky than GFLW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UBND	GFLW	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.51%	7.97%	-6.46%
Volatility (6M) Calculated over the trailing 6-month period	2.33%	15.33%	-13.00%
Volatility (1Y) Calculated over the trailing 1-year period	4.00%	24.54%	-20.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.87%	25.06%	-19.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.87%	25.06%	-19.19%