
The VictoryShares International Free Cash Flow ETF, known as IFLO, aims to provide investors with access to a selection of premier, large-sized global companies. The fund specifically targets businesses that are considered undervalued in the market and exhibit promising future growth potential. IFLO's core objective is to closely mirror the financial returns of the Victory International Free Cash Flow Index, exclusive of management fees and other operational costs.
Is IFLO's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

International ETFs are outperforming the S&P 500 in 2026, led by strong gains across Asian and global markets. Here are five ETFs to watch.

When it comes to identifying value, typical fundamental metrics like price-to-earnings (P/E) or price-to-book (P/B) are often used. Both metrics rest on accounting outputs (reported earnings and book value), and accounting rules allow significant discretion in non-cash expenses, depreciation schedules and goodwill write-downs.

VictoryShares International Free Cash Flow ETF applies a proven FCF and growth-driven stock-picking formula to non-US large caps. IFLO's recent outperformance is driven by significant exposure to gold miners, benefiting from gold's price rally. The ETF's portfolio is heavily tilted toward cyclical sectors, raising risk during downturns and warranting a below-average valuation multiple.

For years, the search for high-quality, cash-generating businesses has been a predominantly American story. But that is changing, and for advisors building portfolios in an era of historically concentrated domestic markets, the shift carries real implications.

I coached my son's Little League baseball team for 10 seasons. There were often months-long gaps between when I would see the kids.