VictoryShares Free Cash Flow ETF (VFLO) Performance
VFLO total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +39.7% since Dec 31, 2025
- 1 year
- +45.0% total return
- 3 years
- +31.0% a year
- Since first price
- +28.2% a year since 2023
VFLO trailing returns vs SPY, QQQ, AGG
| Period | VFLO total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +5.1% | +4.9% | −1.0% | −5.0% | +0.9% |
| 3 months | +15.5% | +15.0% | +3.2% | +1.9% | −0.4% |
| 6 months | +33.2% | +32.4% | +7.8% | +8.4% | −1.5% |
| YTD | +39.7% | +38.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +45.0% | +43.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +124.7%+31.0%/yr | +115.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionJun 22, 2023 | +129.1%+28.2%/yr | +118.9% | — | — | — |
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: VFLO vs SPY
From Jun 22, 2023: VFLO grew to $22,911, SPY to $18,116.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
VFLO returns by calendar year
2 of 2 full years positive. Best 2024 (+21.8%), worst 2025 (+17.5%). 2026 is year to date.
VFLO annual returns table
| Year | VFLO | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +39.7% | −8.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +17.5% | −17.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +21.8% | −8.5% | +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.
VFLO largest drawdowns
Now 2.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 26, 2024 | −17.8% | Apr 8, 2025 | Aug 22, 2025 | 4 months | 9 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
VFLO risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +27.1% | +25.7% |
| Volatility (annualized) | 17.2% | 17.0% |
| Sharpe ratio | 1.23 | 1.18 |
| Sortino ratio | 2.58 | 2.47 |
| Best month | +11.8% | +11.8% |
| Worst month | −7.7% | −7.7% |
| Best 12 months | +51.0% | +51.0% |
| Worst 12 months | +7.1% | +7.1% |
| Positive months | 64% | 62% |
| Beta vs S&P 500 | 0.89 | — |
| Correlation with S&P 500 | 0.64 | — |
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.
VFLO rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 29 | +7.1% | +21.8% | +51.0% | 100% |
| 3-year (a year) | 5 | +23.3% | +27.1% | +31.5% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
VFLO performance overview
VictoryShares Free Cash Flow ETF (VFLO) returned +45.0% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +28.2% a year, turning $10,000 into about $22,911. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −17.8%, from Nov 26, 2024 to Apr 8, 2025, and it took 4 months to get back to the old high. Volatility has been 17.0% a year.
Related: VFLO chart, VFLO holdings, VFLO dividends, VFLO valuation. See the VFLO overview for the latest quote and fund facts.
VFLO performance FAQ
What is the VFLO return over the past year?
VFLO returned +45.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 43.1%.
How much would $10,000 invested in VFLO be worth?
$10,000 invested in VFLO at its first recorded close on June 22, 2023 would be worth about $22,911 on October 23, 2026 with distributions reinvested.
What was the worst year for VFLO?
The worst calendar year was 2025, with a total return of +17.5%. The best was 2024 at +21.8%.
What is the biggest drawdown of VFLO?
The largest peak-to-trough decline was −17.8% between November 26, 2024 and April 8, 2025. It recovered to the old high on August 22, 2025, 4 months after the bottom.
How volatile is VFLO?
Over the past 3 years VFLO had an annualized volatility of 17.2% and a Sharpe ratio of 1.23 (excess return over 1–3 month T-bills per unit of risk).