IFLO vs INTF: Grades, Fees and Holdings Compared

VictoryShares International Free Cash Flow ETF

IFLODNasdaq

iShares International Equity Factor ETF

INTFANYSE Arca

Overlap

10.5%by weight

Expense ratio

INTF −0.40pt a year

IFLO0.56%INTF0.16%

Avg volume · 30D

INTF 6.4×the volume

IFLO48.3KINTF309K

IFLO vs INTF Performance

Oct 31, 2025 – Oct 30, 2026

+34.4%IFLO+17.0%INTF

Expense ratio: IFLO 0.56%; INTF 0.16%, better
Fund size: IFLO $300M; INTF $3.7B
1Y total return: IFLO +34.4%, better; INTF +17.0%
Yield (12M): IFLO 1.70%; INTF 3.02%, better
Holdings: IFLO 102; INTF 501
Avg volume (30D): IFLO 48.3K sh; INTF 309K sh, better
NAV per share: IFLO $36.14; INTF $41.10
52W range

ETF.net Grade

Pillar letters and Scores for IFLO, INTF, with each pillar’s weight
Pillar	IFLO	INTF
Cost30% weight	F14	A98Higher
Mission25% weight	A89	Not scored
Risk15% weight	A84Higher	B55
Tradability15% weight	C46	A73Higher
Holdings10% weight	D31	B68Higher
Durability5% weight	D29	A86Higher

Rank among International Multifactor funds

How we build Categories ›

Same Category. IFLO and INTF are both graded against the same 30 International Multifactor funds, so their Grades compare head to head.

International Multifactor⁠

Category · 30 funds

See all 30 ›

INTF ranks 1st and IFLO 23rd of 30 funds in the International Multifactor Category.

Rank 1AINTFiShares International Equity Factor ETFScore 79
Rank 2ADFAIDimensional International Core Equity Market ETFScore 77
Rank 23DDWMFWisdomTree International Multifactor FundScore 37
Rank 23DIFLOVictoryShares International Free Cash Flow ETFScore 37
Rank 25DFEPFirst Trust Europe AlphaDEX FundScore 31

Our read on each fund

ETF.net Research

IFLODVictoryShares International Free Cash Flow ETF

INTFAiShares International Equity Factor ETF

In short

IFLO Free cash flow is the number that's hardest to dress up, and IFLO takes that lens overseas. It tracks a rules-based Victory index of roughly 110 developed-market companies screened on cash generation rather than reported earnings.

INTF Five factors at once (value, quality, momentum, low volatility, low size) aimed at developed markets outside the US, for 0.16% a year. That is well under half what the typical international multifactor fund charges.

Stated mandate

IFLO The Fund seeks to track, before fees and expenses, the Victory International Free Cash Flow Index.

INTF The fund seeks to track an index of international developed-market stocks chosen using value, quality, momentum, low-volatility, and low-size factors.

Why people hold it

IFLO Clean, stated mandate: track the Victory International Free Cash Flow Index. Rules-based construction, no manager stock-picking on top, so what you buy is what the methodology selects.
A cash-flow screen is a different lens than the low-volatility and momentum tilts that fill most of the international factor shelf (EFAV, IDMO, QLVD).
Roughly 110 developed-market holdings: focused enough that the screen actually shows up in the portfolio, broad enough that no single name runs the show.

INTF At 0.16% a year it undercuts the peer median of 0.38%, and also GSIE (0.25%), RODM (0.29%) and FDEV (0.18%).
One basket of roughly 500 developed-market stocks does the work of separate value, quality, momentum, low-volatility and small-size sleeves.
Live since 2015 and now a multi-billion-dollar iShares fund, giving it more history than much of the international multifactor shelf.
Rates among the strongest implementations in its international multifactor peer group of 29 funds.

Worth knowing

IFLO At 1.05% a year, this is a premium-priced ticket in a cohort where broad international factor funds run a fraction of that (EFAV 0.20%, QLVD 0.15%).
Launched in 2025, so there is no long record here and no full market cycle to judge how the cash-flow screen behaves overseas.
Small asset base and thin trading volume, which typically means wider bid-ask spreads than the household-name international ETFs. Distributions arrive on an irregular schedule.

INTF Factor tilts are the whole point, so returns can wander from a plain cap-weighted international index in either direction, sometimes for long stretches.
Developed markets only. No emerging-market exposure here, and returns move with foreign currencies as well as foreign stocks.
Volume is moderate rather than heavy, so limit orders help. Distributions land once or twice a year, not quarterly.

Full IFLO profile⁠

Full INTF profile⁠

IFLO vs INTF Holdings

How IFLO and INTF differ

Overlap by weight

10.5%

Shared holdings make up 56.3% of IFLO and 10.5% of INTF.

Level by level

Holdings47 in both10.5%
Sector11 Sectors67.2%
Countryby domicile67.5%
Asset classEquity100%

Sector

Sector weights in IFLO and INTF, widest gap first
Sector	More in IFLOMore in INTF	IFLO	INTF
Financials	INTF +26.0 points	0.8%	26.8%
Energy	IFLO +9.6 points	15.1%	5.5%
Technology	IFLO +7.3 points	18.0%	10.7%
Industrials	IFLO +5.8 points	22.7%	16.9%
Communication	IFLO +4.6 points	7.7%	3.1%
Utilities	INTF +3.2 points	0.8%	4.0%
Consumer Discretionary	IFLO +2.7 points	12.0%	9.3%
Real Estate	INTF +2.3 points	0.0%	2.3%
Materials	IFLO +2.1 points	8.8%	6.7%
Consumer Staples	INTF +1.3 points	4.7%	6.0%
Health Care	IFLO +0.7 points	9.4%	8.7%

Country, concentration and asset class

Country by domicile

Country weights in IFLO and INTF, widest gap first
Country	More in IFLOMore in INTF	IFLO	INTF
Canada	IFLO +12.7 points	20.5%	7.8%
Switzerland	INTF +8.6 points	0.0%	8.6%
France	IFLO +6.6 points	13.5%	6.9%
United Kingdom	INTF +6.5 points	7.3%	13.8%
Japan	INTF +5.2 points	21.2%	26.4%
Australia	INTF +4.5 points	2.0%	6.5%
Norway	IFLO +3.2 points	4.2%	1.0%
Germany	IFLO +2.5 points	9.4%	6.9%
Other countries (13)	INTF +0.2 points	21.9%	22.1%

Outside the US: IFLO 99% developed, 1% emerging. INTF 100% developed, 0% emerging.

Concentration

Weight in the 10 largest Holdings

IFLO21.4%
INTF12.8%

Securities held

IFLO100
INTF482

Asset class

IFLO: Equity
INTF: Equity

Holdings

Only in IFLO53
In both47
Only in INTF435

Only in IFLO

53 securities, 43.4% of IFLO by weight

Denso Corporation1.67%
International Consolidate1.60%
Constellation Software In1.52%
Frontline PLC1.48%
Nxp Semiconductor NV1.40%
Whitecap Resources Inc1.26%
Var Energi Asa1.25%
Ucb Cap1.22%
Check Point Software Tec1.21%
Universal Music Group NV1.15%
Heineken NV1.08%
Bridgestone Corp1.08%
Alimentation Couche-Tard1.05%
Thales SA1.04%
Obayashi Corp1.03%
Aker Bp Asa0.96%
Neste Oyj0.93%
Subsea 7 SA0.90%
Rogers Communications B0.90%
Aisin Seiki Co Ltd0.88%
Pan American Silver Corp0.87%
Kajima Corp0.87%
Amadeus It Group SA0.87%
Koninklijke Philips NV0.86%
Evolution Ab0.84%
Ipsen SA0.83%
Renesas Electronics Corp0.82%
Bouygues0.81%
Suzuki Motor Corp0.75%
Informa PLC0.73%
Secom Co. Ltd.0.71%
Vestas Wind Systems A/S0.68%
Skanska Ab Class 'b'0.66%
Deutsche Lufthansa AG0.63%
Japan Airlines Co Ltd0.60%
Bureau Veritas SA0.57%
Galaxy Entertainment Grou0.57%
Dpm Metals Inc0.55%
Autoliv Inc0.54%
Kawasaki Kisen Kaisha Ltd0.53%
Quebecor Inc0.52%
Moncler Spa0.51%
Securitas Ab0.48%
Gildan Activewear Inc0.46%
Ccl Industries Inc0.45%
Lundin Gold Inc0.44%
Spie SA0.43%
Recordati Spa0.39%
Nippon Express Holdings C0.38%
Mineral Resources Ltd0.37%

Only in INTF

435 securities, 88.9% of INTF by weight

Asml Holding2.30%
Novartis AG2.25%
Roche Ps Par AG1.22%
Royal Bank of Canada1.20%
Mitsubishi Ufj Financial Group1.04%
Hsbc Holdings PLC1.02%
Nestle SA0.99%
Astrazeneca PLC0.96%
Abb Ltd0.92%
Bhp Group Ltd0.91%
Sumitomo Mitsui Financial Group0.86%
Mizuho Financial Group0.83%
Totalenergies0.83%
Loblaw Companies Ltd0.81%
Recruit Holdings Ltd0.81%
Shell0.80%
Unicredit0.77%
Abn Amro Bank NV0.69%
Siemens N AG0.69%
Toyota Motor0.68%
Manulife Financial0.66%
Rio Tinto0.64%
Commonwealth Bank of Australia0.64%
Advantest0.63%
Banco Bilbao Vizcaya Argentaria0.63%
Aib Group PLC0.63%
Ubs Group AG0.62%
Bp PLC0.60%
Loreal SA0.56%
Repsol0.56%
Hitachi0.56%
Asics0.54%
Novo Nordisk Class B0.54%
Rolls-Royce Holdings PLC0.54%
Tokio Marine Holdings0.50%
Nordea Bank0.49%
The Sage Group0.48%
Allianz0.48%
Engie SA0.47%
Tokyo Electron0.47%
Zurich Insurance Group AG0.45%
Vodafone Group PLC0.42%
Bae Systems PLC0.42%
Investor Class B0.42%
Balfour Beatty PLC0.41%
Fast Retailing0.41%
Credit Agricole SA0.40%
Safran SA0.40%
Schneider Electric0.40%
Shopify Subordinate Voting Class A0.39%

Weight gaps

All 47 Holdings in both funds, largest gap first.

Holding weights in IFLO and INTF, widest gap first
Holding	More in IFLOMore in INTF	IFLO	INTF
Kioxia Holdings Corp	IFLO +2.41 points	2.76%	0.35%
Astellas Pharma Inc	IFLO +2.30 points	2.35%	0.05%
Suncor Energy Inc	IFLO +2.20 points	2.82%	0.62%
Deutsche Telekom AG	IFLO +2.06 points	2.39%	0.33%
Canadian Natural Resource	IFLO +1.79 points	2.15%	0.36%
Sanofi	IFLO +1.74 points	2.17%	0.43%
Capgemini SA	IFLO +1.73 points	1.75%	0.02%
Vinci SA	IFLO +1.42 points	1.50%	0.08%
Imperial Oil Ltd	IFLO +1.41 points	1.59%	0.18%
Publicis Groupe	IFLO +1.35 points	1.52%	0.17%
Cgi Inc	IFLO +1.32 points	1.49%	0.17%
Endeavour Mining PLCEDV.L	IFLO +1.29 points	1.45%	0.16%
Dassault Systemes SE	IFLO +1.19 points	1.23%	0.04%
Wolters Kluwer	IFLO +1.19 points	1.40%	0.21%
Kinross Gold Corp	IFLO +1.14 points	1.42%	0.28%
Magna Intl Inc	IFLO +1.11 points	1.26%	0.15%
Sony Group Corp	IFLO +1.08 points	1.55%	0.47%
Eiffage SA	IFLO +1.05 points	1.21%	0.16%
Heidelberg Materials AG	IFLO +1.00 points	1.15%	0.15%
Gsk PLCGSK.L	IFLO +0.96 points	1.47%	0.51%
Barrick Mining Corp	IFLO +0.95 points	1.22%	0.27%
Galp Energia Sgps SA	IFLO +0.93 points	1.05%	0.12%
Subaru Corp	IFLO +0.93 points	1.23%	0.30%
Siemens Energy AG	IFLO +0.93 points	1.40%	0.47%
Sap SE	IFLO +0.91 points	1.73%	0.82%
Acs Actividades De Constr	IFLO +0.85 points	0.95%	0.11%
Saipem Spa	IFLO +0.82 points	1.11%	0.29%
Adidas AG	IFLO +0.80 points	0.99%	0.19%
Koninklijke Ahold Delhz	IFLO +0.78 points	1.16%	0.38%
Kirin Holdings Co Ltd	IFLO +0.70 points	0.71%	0.01%
Canon Inc.	IFLO +0.67 points	0.84%	0.17%
Smith & Nephew PLCSN.L	IFLO +0.65 points	0.66%	0.01%
Origin Energy Ltd	IFLO +0.64 points	0.88%	0.24%
Tesco PLCTSCO.L	IFLO +0.63 points	1.06%	0.43%
Computershare Ltd	IFLO +0.60 points	0.70%	0.10%
Kone Oyj	IFLO +0.56 points	0.79%	0.23%
Andritz AG	IFLO +0.51 points	0.54%	0.03%
Norsk Hydro Asa	IFLO +0.50 points	0.60%	0.10%
Taisei Corp	IFLO +0.47 points	0.53%	0.06%
Makita Corporation	IFLO +0.41 points	0.42%	0.01%
Nexon Co Ltd	IFLO +0.37 points	0.49%	0.12%
Orkla Asa	IFLO +0.35 points	0.43%	0.08%
Wartsila Oyj Abp	IFLO +0.31 points	0.53%	0.22%
Gaztransport Et Technigaz	IFLO +0.30 points	0.36%	0.06%
Mg Technologies AG	IFLO +0.28 points	0.52%	0.24%
Konecranes Oyj	IFLO +0.18 points	0.39%	0.21%
Otsuka Corporation	Same weight	0.34%	0.34%

All 107 IFLO holdings⁠All 483 INTF holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IFLO vs INTF Cost

Overpaying IFLO vs INTF

$7,746

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

IFLO 0.56%
$11,088
INTF 0.16%
$3,342

Amount$10,000

Years30 years

Cost over time

IFLO 0.56%
INTF 0.16%
Overpaying

Year by year

Year	IFLO	INTF	Overpaying
10	$1,006	$292	$714
20	$3,855	$1,141	$2,714
30	$11,088	$3,342	$7,746

Expense ratio

0.56%IFLO
0.16%INTF, cheaper

INTF0.16%IFLO0.56%

0.15%0.80%

Middle half of International Multifactor funds
Median 0.34%

INTF 2nd cheapest of 30 funds

IFLO 26th cheapest of 30 funds

IFLO vs INTF Dividends

Last 12 months to Oct 30, 2026

Yield (12M): IFLO 1.70%; INTF 3.02%, better
Payout (12M): IFLO $0.61; INTF $1.24
Last payment: IFLO $0.12; INTF $0.72
Ex-dividend: IFLO Oct 8, 2026; INTF Jun 15, 2026
Paid on: IFLO Oct 9, 2026; INTF Jun 18, 2026
Frequency: IFLO Monthly; INTF Twice a year

Distribution history

Per share, 2023 to 2026, same scale for both

IFLOMonthly · 11 paymentsAll IFLO payments⁠

INTFTwice a year · 7 paymentsAll INTF payments⁠

IFLO vs INTF Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: IFLO 12.1%since Jul 2025INTF 11.2%
Return per unit of riskSharpe ratio, 3 years: IFLO 2.00since Jul 2025INTF 1.45
Worst fallMax drawdown, 5 years: IFLO −7.0%since Jun 2025INTF −27.6%
Market sensitivityBeta, 5 years: IFLO 0.28INTF 0.74; Market = 1

Popular comparisons

IFLODvsDFAIA
VictoryShares International Free Cash Flow ETF · Dimensional International Core Equity Market ETF
Expense ratio
0.56% · 0.18%
Category
INTFAvsDFAIA
iShares International Equity Factor ETF · Dimensional International Core Equity Market ETF
Expense ratio
0.16% · 0.18%
Category
IFLODvsGSWOA
VictoryShares International Free Cash Flow ETF · Goldman Sachs ActiveBeta World Equity ETF
Expense ratio
0.56% · 0.15%
Category
INTFAvsGSWOA
iShares International Equity Factor ETF · Goldman Sachs ActiveBeta World Equity ETF
Expense ratio
0.16% · 0.15%
Category
IFLODvsFDEVA
VictoryShares International Free Cash Flow ETF · Fidelity International Multifactor ETF
Expense ratio
0.56% · 0.18%
Category
INTFAvsFDEVA
iShares International Equity Factor ETF · Fidelity International Multifactor ETF
Expense ratio
0.16% · 0.18%
Category