VictoryShares Small Cap Free Cash Flow ETF (SFLO) Performance
SFLO total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +36.8% since Dec 31, 2025
- 1 year
- +39.3% total return
- Since first price
- +62.8% since 2023
SFLO trailing returns vs SPY, QQQ, AGG
| Period | SFLO total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +6.4% | +6.3% | −1.0% | −5.0% | +0.9% |
| 3 months | +14.1% | +13.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +26.7% | +26.3% | +7.8% | +8.4% | −1.5% |
| YTD | +36.8% | +35.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +39.3% | +38.0% | +14.4% | +15.9% | −1.1% |
| Since inceptionDec 21, 2023 | +62.8% | +57.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SFLO vs SPY
From Dec 21, 2023: SFLO grew to $16,283, SPY to $16,603.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SFLO returns by calendar year
2 of 2 full years positive. Best 2025 (+11.9%), worst 2024 (+6.5%). 2026 is year to date.
SFLO annual returns table
| Year | SFLO | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +36.8% | −8.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +11.9% | −25.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +6.5% | −10.4% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SFLO largest drawdowns
Now 0.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 25, 2024 | −26.6% | Apr 8, 2025 | Aug 13, 2025 | 4 months | 9 months |
| Jul 31, 2024 | −10.4% | Sep 10, 2024 | Nov 11, 2024 | 41 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SFLO risk statistics
| Statistic | Since 2023 |
|---|---|
| Annualized return | +16.3% |
| Volatility (annualized) | 17.5% |
| Sharpe ratio | 0.71 |
| Sortino ratio | 1.20 |
| Best month | +9.8% |
| Worst month | −7.2% |
| Best 12 months | +43.2% |
| Worst 12 months | −9.3% |
| Positive months | 61% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SFLO rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 23 | −9.3% | +10.1% | +43.2% | 83% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
SFLO performance overview
VictoryShares Small Cap Free Cash Flow ETF (SFLO) returned +39.3% over the past year, with distributions reinvested. Since its first recorded price on Dec 21, 2023 it has returned +62.8%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −26.6%, from Nov 25, 2024 to Apr 8, 2025, and it took 4 months to get back to the old high. Volatility has been 17.5% a year.
Related: SFLO chart, SFLO holdings, SFLO dividends, SFLO valuation. See the SFLO overview for the latest quote and fund facts.
SFLO performance FAQ
What is the SFLO return over the past year?
SFLO returned +39.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 38.0%.
How much would $10,000 invested in SFLO be worth?
$10,000 invested in SFLO at its first recorded close on December 21, 2023 would be worth about $16,283 on October 23, 2026 with distributions reinvested.
What was the worst year for SFLO?
The worst calendar year was 2024, with a total return of +6.5%. The best was 2025 at +11.9%.
What is the biggest drawdown of SFLO?
The largest peak-to-trough decline was −26.6% between November 25, 2024 and April 8, 2025. It recovered to the old high on August 13, 2025, 4 months after the bottom.
How volatile is SFLO?
Over the past history SFLO had an annualized volatility of 17.5% and a Sharpe ratio of 0.71 (excess return over 1–3 month T-bills per unit of risk).