UIVM vs. VFLO

Last updated Aug 2, 2026

UIVM (VictoryShares International Value Momentum ETF) and VFLO (VictoryShares Free Cash Flow ETF) are both exchange-traded funds - UIVM is a Momentum fund tracking the Nasdaq Victory International Value Momentum Index, while VFLO is a Large Cap Value Equities fund tracking the Victory U.S. Large Cap Free Cash Flow Index. Both are passively managed. Over the past 3 years, UIVM returned 24.74%/yr vs 24.37%/yr for VFLO. Their 0.51 correlation means they have sometimes moved together and sometimes differently. UIVM charges 0.35%/yr vs 0.39%/yr for VFLO.

Performance

UIVM vs. VFLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares International Value Momentum ETF (UIVM) and VictoryShares Free Cash Flow ETF (VFLO). 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 VFLO's 26.80% 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%

VFLO

• 1D: 0.24%
• 1M: 5.89%
• 6M: 26.51%
• YTD: 26.80%
• 1Y: 46.76%
• 3Y*: 24.37%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 26.75%

*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)
UIVM VictoryShares International Value Momentum ETF	$137.91K	$192.35K	$135.04K
VFLO VictoryShares Free Cash Flow ETF	$86.49M	$72.10M	$51.24M

UIVM vs. VFLO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
UIVM VictoryShares International Value Momentum ETF	19.77%	45.47%	5.23%	8.39%
VFLO VictoryShares Free Cash Flow ETF	26.80%	17.51%	21.83%	15.05%

Correlation

The correlation between UIVM and VFLO is 0.41, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.41
Correlation (3Y) Balances recent behavior with more history.	0.51
Correlation (All Time) Calculated using the full available price history since Jun 22, 2023	0.51

The correlation between UIVM and VFLO shifts across timeframes, from 0.41 (1 year) to 0.51 (all time), reflecting how their relationship changes across market environments.

UIVM vs. VFLO - Sectors Allocation Comparison

Sectors	UIVM	VFLO
Financial Services	28.9%	0.0%
Industrials	22.1%	0.0%
Consumer Cyclical	7.8%	10.8%
Consumer Defensive	6.9%	0.0%
Healthcare	6.7%	21.6%
Energy	5.6%	22.6%
Basic Materials	5.4%	7.0%
Utilities	4.5%	3.3%
Real Estate	4.4%	0.0%
Communication Services	3.9%	4.4%
Technology	3.2%	30.4%

Return for Risk

UIVM vs. VFLO — 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

VFLO

VFLO Risk / Return Rank: 96
VFLO Sharpe Ratio Rank: 96
VFLO Sortino Ratio Rank: 95
VFLO Omega Ratio Rank: 94
VFLO Calmar Ratio Rank: 97
VFLO Martin Ratio Rank: 96

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. VFLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares International Value Momentum ETF (UIVM) 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.

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	VFLO	Difference
Sharpe ratio: Return per unit of total volatility	2.27	2.94	-0.66
Sortino ratio: Return per unit of downside risk	3.18	4.10	-0.92
Omega ratio: Gain probability vs. loss probability	1.42	1.52	-0.10
Calmar ratio: Return relative to maximum drawdown	3.20	7.03	-3.83
Martin ratio: Return relative to average drawdown	11.47	23.62	-12.15

UIVM vs. VFLO - Sharpe Ratio Comparison

The current UIVM Sharpe Ratio is 2.27, which is comparable to the VFLO Sharpe Ratio of 2.94. The chart below compares the historical Sharpe Ratios of UIVM 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.

Drawdowns

UIVM vs. VFLO - Drawdown Comparison

The maximum UIVM drawdown since its inception was -42.73%, which is greater than VFLO's maximum drawdown of -17.79%. Use the drawdown chart below to compare losses from any high point for UIVM and VFLO.

Drawdown Indicators

	UIVM	VFLO	Difference
Max Drawdown Largest peak-to-trough decline	-42.73%	-17.79%	-24.94%
Max Drawdown (1Y) Largest decline over 1 year	-11.02%	-6.44%	-4.58%
Max Drawdown (3Y) Largest decline over 3 years	-11.69%	-17.79%	+6.10%
Max Drawdown (5Y) Largest decline over 5 years	-28.27%	—	—
Current Drawdown Current decline from peak	-0.46%	-0.96%	+0.50%
Average Drawdown Average peak-to-trough decline	-9.55%	-2.43%	-7.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.07%	1.91%	+1.16%

Volatility

UIVM vs. VFLO - Volatility Comparison

VictoryShares International Value Momentum ETF (UIVM) and VictoryShares Free Cash Flow ETF (VFLO) have volatilities of 4.20% and 4.11%, 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

	UIVM	VFLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.20%	4.11%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	13.91%	12.12%	+1.79%
Volatility (1Y) Calculated over the trailing 1-year period	15.56%	15.64%	-0.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.58%	15.98%	-0.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.22%	15.98%	+1.24%

UIVM vs. VFLO - Expense Ratio Comparison

UIVM has a 0.35% expense ratio, which is lower than VFLO's 0.39% expense ratio.

Dividends

UIVM vs. VFLO - Dividend Comparison

UIVM's dividend yield for the trailing twelve months is around 3.06%, more than VFLO's 1.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
VFLO VictoryShares Free Cash Flow ETF	1.07%	1.60%	1.20%	0.71%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UIVM and VFLO in my portfolio?

UIVM and VFLO have a correlation of 0.41, 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 VFLO?

UIVM has higher volatility (4.20%) compared to VFLO (4.11%). In terms of maximum drawdown, UIVM dropped -42.73% vs VFLO's -17.79%.

Which ETF is better, UIVM or VFLO?

On 3-year performance, UIVM leads with 24.74% vs 24.37% for VFLO. On fees, UIVM is cheaper at 0.35% 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, UIVM or VFLO?

Over the 3-year period, UIVM has performed better with a 24.74% return vs 24.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UIVM or VFLO?

UIVM is cheaper with a 0.35% expense ratio, compared with 0.39% for VFLO.

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

UIVM has the higher dividend yield at 3.06%, compared with 1.07% for VFLO.

What is the main difference between UIVM and VFLO?

UIVM is categorized as Momentum, while VFLO is Large Cap Value Equities. UIVM tracks Nasdaq Victory International Value Momentum Index, while VFLO tracks Victory U.S. Large Cap Free Cash Flow Index. Their fees differ too: 0.35% for UIVM and 0.39% for VFLO.

Which has better risk-adjusted returns?

VFLO currently has the higher Sharpe Ratio (2.94 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.