VFLO vs. DSTL

Last updated Aug 2, 2026

VFLO (VictoryShares Free Cash Flow ETF) and DSTL (Distillate U.S. Fundamental Stability & Value ETF) are both Large Cap Value Equities funds. VFLO is passively managed, while DSTL is actively managed. Over the past 3 years, VFLO returned 24.37%/yr vs 13.05%/yr for DSTL. Their correlation of 0.86 means they have usually moved in the same direction. Both charge a 0.39% expense ratio.

Performance

VFLO vs. DSTL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares Free Cash Flow ETF (VFLO) and Distillate U.S. Fundamental Stability & Value ETF (DSTL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VFLO achieves a 26.80% return, which is significantly higher than DSTL's 11.38% return.

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%

DSTL

• 1D: -0.37%
• 1M: 5.06%
• 6M: 9.47%
• YTD: 11.38%
• 1Y: 21.28%
• 3Y*: 13.05%
• 5Y*: 10.39%
• 10Y*: —
• ALL TIME*: 14.47%

*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)
DSTL Distillate U.S. Fundamental Stability & Value ETF	$4.23M	$3.71M	$4.59M
VFLO VictoryShares Free Cash Flow ETF	$86.49M	$72.10M	$51.24M

VFLO vs. DSTL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
VFLO VictoryShares Free Cash Flow ETF	26.80%	17.51%	21.83%	15.05%
DSTL Distillate U.S. Fundamental Stability & Value ETF	11.38%	8.71%	12.78%	12.70%

Correlation

The correlation between VFLO and DSTL is 0.84, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.84
Correlation (3Y) Balances recent behavior with more history.	0.86
Correlation (All Time) Calculated using the full available price history since Jun 22, 2023	0.86

The correlation between VFLO and DSTL has been stable across timeframes, ranging from 0.84 to 0.86 - a consistent structural relationship.

VFLO vs. DSTL - Sectors Allocation Comparison

Sectors	VFLO	DSTL
Technology	30.4%	28.6%
Energy	22.6%	5.3%
Healthcare	21.6%	22.6%
Consumer Cyclical	10.8%	12.4%
Basic Materials	7.0%	0.6%
Communication Services	4.4%	6.0%
Utilities	3.3%	1.0%
Financial Services	0.0%	7.5%
Industrials	0.0%	13.4%
Consumer Defensive	0.0%	2.8%
Real Estate	0.0%	-

Return for Risk

VFLO vs. DSTL — Risk / Return Rank

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

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

DSTL

DSTL Risk / Return Rank: 68
DSTL Sharpe Ratio Rank: 68
DSTL Sortino Ratio Rank: 74
DSTL Omega Ratio Rank: 65
DSTL Calmar Ratio Rank: 71
DSTL Martin Ratio Rank: 60

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.

VFLO vs. DSTL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares Free Cash Flow ETF (VFLO) and Distillate U.S. Fundamental Stability & Value ETF (DSTL). 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.

	VFLO	DSTL	Difference
Sharpe ratio: Return per unit of total volatility	2.94	1.55	+1.38
Sortino ratio: Return per unit of downside risk	4.10	2.37	+1.72
Omega ratio: Gain probability vs. loss probability	1.52	1.27	+0.24
Calmar ratio: Return relative to maximum drawdown	7.03	2.47	+4.56
Martin ratio: Return relative to average drawdown	23.62	7.12	+16.50

VFLO vs. DSTL - Sharpe Ratio Comparison

The current VFLO Sharpe Ratio is 2.94, which is higher than the DSTL Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of VFLO and DSTL, 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

VFLO vs. DSTL - Drawdown Comparison

The maximum VFLO drawdown since its inception was -17.79%, smaller than the maximum DSTL drawdown of -33.09%. Use the drawdown chart below to compare losses from any high point for VFLO and DSTL.

Drawdown Indicators

	VFLO	DSTL	Difference
Max Drawdown Largest peak-to-trough decline	-17.79%	-33.09%	+15.30%
Max Drawdown (1Y) Largest decline over 1 year	-6.44%	-8.30%	+1.86%
Max Drawdown (3Y) Largest decline over 3 years	-17.79%	-16.92%	-0.87%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.10%	—
Current Drawdown Current decline from peak	-0.96%	-2.50%	+1.54%
Average Drawdown Average peak-to-trough decline	-2.43%	-4.11%	+1.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	2.88%	-0.97%

Volatility

VFLO vs. DSTL - Volatility Comparison

The current volatility for VictoryShares Free Cash Flow ETF (VFLO) is 4.11%, while Distillate U.S. Fundamental Stability & Value ETF (DSTL) has a volatility of 6.39%. This indicates that VFLO experiences smaller price fluctuations and is considered to be less risky than DSTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VFLO	DSTL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.11%	6.39%	-2.28%
Volatility (6M) Calculated over the trailing 6-month period	12.12%	10.59%	+1.53%
Volatility (1Y) Calculated over the trailing 1-year period	15.64%	13.36%	+2.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.98%	16.00%	-0.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.98%	19.39%	-3.41%

VFLO vs. DSTL - Expense Ratio Comparison

Both VFLO and DSTL have an expense ratio of 0.39%.

Dividends

VFLO vs. DSTL - Dividend Comparison

VFLO's dividend yield for the trailing twelve months is around 1.07%, less than DSTL's 1.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
DSTL Distillate U.S. Fundamental Stability & Value ETF	1.13%	1.31%	1.34%	1.30%	1.35%	1.01%	0.83%	0.97%
VFLO VictoryShares Free Cash Flow ETF	1.07%	1.60%	1.20%	0.71%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VFLO and DSTL in my portfolio?

VFLO and DSTL have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VFLO or DSTL?

DSTL has higher volatility (6.39%) compared to VFLO (4.11%). In terms of maximum drawdown, VFLO dropped -17.79% vs DSTL's -33.09%.

Which ETF is better, VFLO or DSTL?

On 3-year performance, VFLO leads with 24.37% vs 13.05% for DSTL. Both ETFs have the same 0.39% expense ratio. On volatility, VFLO has been the lower-risk option at 4.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VFLO or DSTL?

Over the 3-year period, VFLO has performed better with a 24.37% return vs 13.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VFLO or DSTL?

VFLO and DSTL have the same expense ratio: 0.39% per year.

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

DSTL has the higher dividend yield at 1.13%, compared with 1.07% for VFLO.

What is the main difference between VFLO and DSTL?

They also come from different issuers: Victory and Distillate.

Which has better risk-adjusted returns?

VFLO currently has the higher Sharpe Ratio (2.94 vs 1.55), 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.