VFLO vs. SPY
Compare and contrast key facts about Victoryshares Free Cash Flow ETF (VFLO) and SPDR S&P 500 ETF (SPY).
VFLO and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VFLO is a passively managed fund by VictoryShares that tracks the performance of the Victory U.S. Large Cap Free Cash Flow Index. It was launched on Jun 21, 2023. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both VFLO and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VFLO or SPY.
Key characteristics
| VFLO | SPY | |
|---|---|---|
| YTD Return | 27.32% | 26.77% |
| 1Y Return | 39.22% | 37.43% |
| Sharpe Ratio | 3.08 | 3.06 |
| Sortino Ratio | 4.38 | 4.08 |
| Omega Ratio | 1.54 | 1.58 |
| Calmar Ratio | 6.16 | 4.44 |
| Martin Ratio | 16.17 | 20.11 |
| Ulcer Index | 2.45% | 1.85% |
| Daily Std Dev | 12.85% | 12.18% |
| Max Drawdown | -8.36% | -55.19% |
| Current Drawdown | -1.08% | -0.31% |
Correlation
The correlation between VFLO and SPY is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
VFLO vs. SPY - Performance Comparison
The year-to-date returns for both stocks are quite close, with VFLO having a 27.32% return and SPY slightly lower at 26.77%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VFLO vs. SPY - Expense Ratio Comparison
VFLO has a 0.39% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
VFLO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Victoryshares Free Cash Flow ETF (VFLO) and SPDR S&P 500 ETF (SPY). 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.
Dividends
VFLO vs. SPY - Dividend Comparison
VFLO's dividend yield for the trailing twelve months is around 1.06%, less than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VFLO Victoryshares Free Cash Flow ETF | 1.06% | 0.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
VFLO vs. SPY - Drawdown Comparison
The maximum VFLO drawdown since its inception was -8.36%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VFLO and SPY. For additional features, visit the drawdowns tool.
Volatility
VFLO vs. SPY - Volatility Comparison
Victoryshares Free Cash Flow ETF (VFLO) has a higher volatility of 4.78% compared to SPDR S&P 500 ETF (SPY) at 3.88%. This indicates that VFLO's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.