

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.

Investing in international equities presents unique challenges across markets. This is where a flexible metric that can span international borders can be beneficial — free cash flow (FCF).

With the S&P 500 Index pushing to new highs, many advisors are confronting a familiar challenge: how to maintain equity exposure without taking on unnecessary valuation risk.

Victory Capital has expanded its free cash flow (FCF) ETF suite with the addition of two international products. The VictoryShares International Free Cash Flow ETF (IFLO) and the VictoryShares International Free Cash Flow Growth ETF (GRIN) launched on June 26, 2025.
SEC filings for IFLO aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.