Category Review
Cash-flow quality returned 42% while QUAL returned 17%
VictoryShares Free Cash Flow ETF
$53.20+0.30 (+0.57%)
- 0.44%
- $11.4B
- +46.5%
- 1.09%
- 1.8M sh
- $52.84
- low $36.61high $56.44
The ETF.net VFLO Grade
B
Score 61 out of 100
- 9 of 26
Score 61 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C44 out of 100Rank 15 of 26Mission
Whether the fund did what it promised, tested against its stated mandate.B68 out of 100Rank 12 of 19Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A72 out of 100Rank 5 of 26Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A80 out of 100Rank 3 of 26Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B59 out of 100Rank 12 of 26Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B63 out of 100Rank 9 of 26
Our read on VFLO
BFree cash flow investing with a growth guardrail. VFLO holds about 50 US large caps chosen for high cash flow yields, screened so it isn't just buying whatever looks cheapest. A concentrated bet on companies that actually generate cash.
The Fund seeks, before fees and expenses, to closely track the Victory U.S. Large Cap Free Cash Flow Index. It normally invests at least 80% of its assets in securities in that Index.
Why people hold it
- The index blends value and growth: high free cash flow yields, but filtered for growth characteristics, so the cheapest names don't automatically make the cut.
- About 50 holdings, so the cash flow screen actually shapes the portfolio instead of getting diluted into a closet index fund.
- The methodology weighs expected free cash flow using forward estimates, not only what a company already banked.advisor.vcm.com
- A multi-billion-dollar fund that trades actively, so getting in and out is rarely where the friction shows up.
Worth knowing
- At 0.44%, it costs more than the typical US multifactor fund, and well above broad value options like FNDX (0.25%) or VONV (0.06%).
- Roughly 50 names is real concentration. Sector and single-stock positions can push results a long way from the broad large-cap market, either direction.
- It launched in 2023, so the record is short, and distributions arrive on an irregular cadence rather than a set calendar.
VFLO Holdings
- Stocks
- 52
- 34%
- MU
Sectors
- Technology35.1%
- Energy23.3%
- Health Care16.9%
- Consumer Discretionary7.0%
- Communication5.9%
- Materials5.6%
- Utilities2.7%
- Industrials2.6%
- Consumer Staples1.0%
- Financials0.0%
Geography
- United States94.56%
- Ireland5.44%
VFLO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
VFLO$14,647
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | VFLO |
|---|---|
| Year to date | +35.5% |
| 1 month | −1.6% |
| 3 months | +12.1% |
| 1 year | +46.5% |
| 3 years | +29.0% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | VFLO |
|---|---|---|
| 2026 YTD | +35.5% | |
| 2025 | +17.5% | |
| 2024 | +21.8% | |
| 2023 | +14.6% |
VFLO in the news
VFLO Dividends
- 1.09%
- $0.58
- $0.10 per share
- Monthly
Distribution history
VFLO Risk
- 17.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.23
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −17.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.88
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
VFLO Cost
0.44%
VFLO0.44%
- The middle half of US Quality Index funds
- Median 0.39%
14 of the 26 US Quality Index funds charge less.
Other funds in US Quality Index
- BDUHPU.S. High Relative Profitability Portfolio ETF Class SharesExpense ratio 0.24%1 year return +15.7%
- BSQLTiShares Trust - iShares MSCI USA Small-Cap Quality Factor ETFExpense ratio 0.20%1 year return —
- BFLOWGlobal X U.S. Cash Flow Kings 100 ETFExpense ratio 0.25%1 year return +32.2%
- BVUSEVident U.S. Equity Strategy ETFExpense ratio 0.50%1 year return +13.7%
- BDGRSWisdomTree U.S. SmallCap Quality Dividend Growth FundExpense ratio 0.38%1 year return +19.5%