UIVM vs. SFLO

Last updated Aug 2, 2026

UIVM (VictoryShares International Value Momentum ETF) and SFLO (Victoryshares Small Cap Free Cash Flow ETF) are both exchange-traded funds - UIVM is a Momentum fund tracking the Nasdaq Victory International Value Momentum Index, while SFLO is a Small Cap Blend Equities fund tracking the Victory US Small Cap Free Cash Flow Index. Both are passively managed. Over the past year, UIVM returned 34.82% vs 44.31% for SFLO. Their 0.46 correlation means their historical movements had little consistent relationship. UIVM charges 0.35%/yr vs 0.49%/yr for SFLO.

Performance

UIVM vs. SFLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares International Value Momentum ETF (UIVM) and Victoryshares Small Cap Free Cash Flow ETF (SFLO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UIVM achieves a 19.77% return, which is significantly lower than SFLO's 27.87% return.

UIVM

• 1D: -0.46%
• 1M: 5.17%
• 6M: 12.63%
• YTD: 19.77%
• 1Y: 34.82%
• 3Y*: 24.74%
• 5Y*: 13.33%
• 10Y*: —
• ALL TIME*: 8.47%

SFLO

• 1D: 0.33%
• 1M: 6.46%
• 6M: 25.77%
• YTD: 27.87%
• 1Y: 44.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.65%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SFLO Victoryshares Small Cap Free Cash Flow ETF	$4.38M	$3.53M	$2.43M
UIVM VictoryShares International Value Momentum ETF	$137.91K	$192.35K	$135.04K

UIVM vs. SFLO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
UIVM VictoryShares International Value Momentum ETF	19.77%	45.47%	5.23%	2.43%
SFLO Victoryshares Small Cap Free Cash Flow ETF	27.87%	11.88%	6.54%	0.27%

Correlation

The correlation between UIVM and SFLO is 0.35, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.35
Correlation (All Time) Calculated using the full available price history since Dec 21, 2023	0.46

The correlation between UIVM and SFLO shifts across timeframes, from 0.35 (1 year) to 0.46 (all time), reflecting how their relationship changes across market environments.

UIVM vs. SFLO - Sectors Allocation Comparison

Sectors	UIVM	SFLO
Financial Services	28.9%	0.2%
Industrials	22.1%	8.3%
Consumer Cyclical	7.8%	12.6%
Consumer Defensive	6.9%	6.1%
Healthcare	6.7%	16.3%
Energy	5.6%	15.4%
Basic Materials	5.4%	0.8%
Utilities	4.5%	0.1%
Real Estate	4.4%	0.1%
Communication Services	3.9%	8.2%
Technology	3.2%	32.1%

Return for Risk

UIVM vs. SFLO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

UIVM

UIVM Risk / Return Rank: 88
UIVM Sharpe Ratio Rank: 90
UIVM Sortino Ratio Rank: 90
UIVM Omega Ratio Rank: 90
UIVM Calmar Ratio Rank: 84
UIVM Martin Ratio Rank: 84

SFLO

SFLO Risk / Return Rank: 92
SFLO Sharpe Ratio Rank: 91
SFLO Sortino Ratio Rank: 91
SFLO Omega Ratio Rank: 88
SFLO Calmar Ratio Rank: 95
SFLO Martin Ratio Rank: 94

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

UIVM vs. SFLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares International Value Momentum ETF (UIVM) and Victoryshares Small Cap Free Cash Flow ETF (SFLO). 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.

	UIVM	SFLO	Difference
Sharpe ratio: Return per unit of total volatility	2.27	2.30	-0.03
Sortino ratio: Return per unit of downside risk	3.18	3.26	-0.08
Omega ratio: Gain probability vs. loss probability	1.42	1.39	+0.03
Calmar ratio: Return relative to maximum drawdown	3.20	5.22	-2.01
Martin ratio: Return relative to average drawdown	11.47	17.48	-6.01

UIVM vs. SFLO - Sharpe Ratio Comparison

The current UIVM Sharpe Ratio is 2.27, which is comparable to the SFLO Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of UIVM and SFLO, 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

UIVM vs. SFLO - Drawdown Comparison

The maximum UIVM drawdown since its inception was -42.73%, which is greater than SFLO's maximum drawdown of -26.63%. Use the drawdown chart below to compare losses from any high point for UIVM and SFLO.

Drawdown Indicators

	UIVM	SFLO	Difference
Max Drawdown Largest peak-to-trough decline	-42.73%	-26.63%	-16.10%
Max Drawdown (1Y) Largest decline over 1 year	-11.02%	-7.80%	-3.22%
Max Drawdown (3Y) Largest decline over 3 years	-11.69%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.27%	—	—
Current Drawdown Current decline from peak	-0.46%	-1.26%	+0.80%
Average Drawdown Average peak-to-trough decline	-9.55%	-4.15%	-5.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.07%	2.33%	+0.74%

Volatility

UIVM vs. SFLO - Volatility Comparison

The current volatility for VictoryShares International Value Momentum ETF (UIVM) is 4.20%, while Victoryshares Small Cap Free Cash Flow ETF (SFLO) has a volatility of 5.58%. This indicates that UIVM experiences smaller price fluctuations and is considered to be less risky than SFLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UIVM	SFLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.20%	5.58%	-1.38%
Volatility (6M) Calculated over the trailing 6-month period	13.91%	13.04%	+0.87%
Volatility (1Y) Calculated over the trailing 1-year period	15.56%	17.73%	-2.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.58%	20.50%	-4.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.22%	20.50%	-3.28%

UIVM vs. SFLO - Expense Ratio Comparison

UIVM has a 0.35% expense ratio, which is lower than SFLO's 0.49% expense ratio.

Dividends

UIVM vs. SFLO - Dividend Comparison

UIVM's dividend yield for the trailing twelve months is around 3.06%, more than SFLO's 0.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
SFLO Victoryshares Small Cap Free Cash Flow ETF	0.72%	1.04%	1.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UIVM VictoryShares International Value Momentum ETF	3.06%	3.70%	5.09%	4.35%	3.03%	3.48%	1.63%	3.49%	2.78%	0.15%

Frequently Asked Questions

Can I hold both UIVM and SFLO in my portfolio?

UIVM and SFLO have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UIVM or SFLO?

SFLO has higher volatility (5.58%) compared to UIVM (4.20%). In terms of maximum drawdown, UIVM dropped -42.73% vs SFLO's -26.63%.

Which ETF is better, UIVM or SFLO?

On 1-year performance, SFLO leads with 44.31% vs 34.82% for UIVM. On fees, UIVM is cheaper at 0.35% per year. On volatility, UIVM has been the lower-risk option at 4.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UIVM or SFLO?

Over the 1-year period, SFLO has performed better with a 44.31% return vs 34.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UIVM or SFLO?

UIVM is cheaper with a 0.35% expense ratio, compared with 0.49% for SFLO.

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

UIVM has the higher dividend yield at 3.06%, compared with 0.72% for SFLO.

What is the main difference between UIVM and SFLO?

UIVM is categorized as Momentum, while SFLO is Small Cap Blend Equities. UIVM tracks Nasdaq Victory International Value Momentum Index, while SFLO tracks Victory US Small Cap Free Cash Flow Index. Their fees differ too: 0.35% for UIVM and 0.49% for SFLO.

Which has better risk-adjusted returns?

SFLO currently has the higher Sharpe Ratio (2.30 vs 2.27), 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.