IVV vs VFLO
iShares Core S&P 500 ETF vs VictoryShares Free Cash Flow ETF
Which is better, IVV or VFLO?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. VFLO led over 1Y, 3Y and the full window. VFLO is less concentrated, with 33.6% of the fund in its ten largest positions against 37.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | VFLO |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.39% |
| AUM | $876.4B | $11.0B |
| Dividend Yield | 1.06% | 0.97% |
| Holdings | 508 | 52 |
| YTD Return | +14.15% | +34.51%Best |
| 1Y Return | +17.31% | +42.48%Best |
| 3Y Return (annualized) | +23.17% | +28.52%Best |
| 5Y Return (annualized) | +13.85% | - |
| Volatility (annualized) | 12.6%Best | 16.6% |
| Max Drawdown | -18.8% | -17.8%Best |
| $10,000 over 3.2 years | $18,312 | $21,852Best |
| Top 10 Weight | 37.8% | 33.6%Best |
| Fund Family | iShares by BlackRock (US) | Victory Capital Management Inc. |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Jun 21, 2023 |
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jun 22, 2023 to Sep 21, 2026 (3.2 years).
IVV vs VFLO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.2 years both funds cover.
IVV vs VFLO Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and VictoryShares Free Cash Flow ETF (VFLO) is an ETF from Victory Capital Management Inc.. Over the past year IVV returned +17.31% while VFLO returned +42.48%. Year to date, IVV is up 14.15% versus a gain of 34.51% for VFLO.
Over three years, IVV compounded at +23.17% per year against +28.52% for VFLO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VFLO has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 12.6% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.8% for IVV and -17.8% for VFLO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while VFLO charges 0.39%. On a $10,000 position that is $3 vs $39 annually, a gap of $36 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.97% for VFLO.
Holdings Overlap
5.5% of IVV's money is in holdings VFLO also owns. 78.8% of VFLO's money is in holdings IVV also owns.
Most of VFLO is already inside IVV. Owning both mostly buys the same companies twice.
39 positions in common, counted across the 490 positions we hold weights for in IVV and 50 in VFLO, against full books of 508 and 52.
What only one of them owns
Our book lists 10 positions for VFLO that do not appear in our book for IVV (19.5% of the fund), and 443 for IVV that do not appear in VFLO (93.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IVV | Weight in VFLO | Difference |
|---|---|---|---|
| CRMSalesforce Inc Crm Us Equity | 0.32% | 3.90% | 3.58% |
| ADBEAdobe Systems | 0.18% | 3.94% | 3.76% |
| EXPEExpedia Group Inc (consumer Discretionary) | 0.05% | 3.61% | 3.56% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 1.01% | 2.60% | 1.59% |
| NEMNewmont Corp Common | 0.20% | 3.39% | 3.19% |
| INTUIntuit, Inc. | 0.15% | 3.24% | 3.09% |
| MRKMerck & Company Inc | 0.55% | 2.83% | 2.28% |
| DVNDevon Energy Corporation | 0.08% | 3.29% | 3.21% |
| BKNGBooking Holdings, Inc. | 0.23% | 2.59% | 2.36% |
| WDAYWorkday, Inc., Class A | 0.06% | 2.60% | 2.54% |
78.8% of VFLO is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or VFLO?
IVV has an expense ratio of 0.03% while VFLO charges 0.39%. IVV is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, IVV or VFLO?
Over the past year IVV returned +17.31% vs +42.48% for VFLO, so VFLO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or VFLO?
VFLO has been the more volatile fund at 16.6% annualized versus 12.6% for IVV. Worst drawdown: IVV -18.8% vs VFLO -17.8%.
Should I hold both IVV and VFLO?
IVV and VFLO have a monthly-return correlation of 0.65, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and VFLO?
78.8% of VFLO's money is in holdings IVV also owns. 78.8% of VFLO's is in holdings IVV also owns. They hold 39 positions in common, counted across the 490 positions we hold weights for in IVV and 50 in VFLO.
Which pays a higher dividend, IVV or VFLO?
IVV yields 1.06% while VFLO yields 0.97%, so IVV currently pays the higher dividend yield.
Is VFLO better than IVV?
IVV has a lower expense ratio. VFLO led over 1Y, 3Y and the full window. VFLO is less concentrated, with 33.6% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.