IVV vs VFLO
iShares Core S&P 500 ETF vs VictoryShares Free Cash Flow ETF
Quick Verdict
IVV has a lower expense ratio. VFLO delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | VFLO | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.39% | |
| AUM | $865.2B | $8.6B | |
| Dividend Yield | 1.09% | 1.10% | |
| Holdings | 508 | 51 | |
| YTD Return | +13.43% | +34.77% | |
| 1Y Return | +22.61% | +55.85% | |
| 3Y Return (annualized) | +21.47% | +27.14% | |
| 5Y Return (annualized) | +13.26% | - | |
| Volatility (annualized) | 15.1% | 15.5% | |
| Max Drawdown | -56.5% | -17.8% | |
| Fund Family | iShares by BlackRock (US) | Victory Capital Management Inc. | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jun 21, 2023 |
IVV vs VFLO Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and VictoryShares Free Cash Flow ETF (VFLO) is a ETF from Victory Capital Management Inc.. Over the past year IVV returned +22.61% while VFLO returned +55.85%. Year to date, IVV is up 13.43% versus a gain of 34.77% for VFLO.
Over three years, IVV compounded at +21.47% per year against +27.14% for VFLO. Across the full 3-year window we track, VFLO has the edge at +28.87% annualized vs +7.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VFLO has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 15.1% 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 -56.5% for IVV and -17.8% for VFLO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.
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 1.09% against 1.10% for VFLO.
Holdings Overlap
IVV and VFLO share 41 holdings out of 514 unique holdings combined, representing a 5.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $36 per year of difference.
Which performed better, IVV or VFLO?
Over the past year IVV returned +22.61% vs +55.85% for VFLO, so VFLO leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.03% vs +28.87% for VFLO. Past performance does not guarantee future results.
Which is riskier, IVV or VFLO?
VFLO has been the more volatile fund at 15.5% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs VFLO -17.8%.
Should I hold both IVV and VFLO?
IVV and VFLO have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and VFLO?
IVV and VFLO share 41 common holdings with a 5.1% weight overlap. Combined, they hold 514 unique securities.
Which pays a higher dividend, IVV or VFLO?
IVV yields 1.09% while VFLO yields 1.10%, so VFLO currently pays the higher dividend yield.
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