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IFLOvsREFAETF Comparison

ETF 1

IFLO

VictoryShares International Free Cash Flow ETF

This fund is part of

DM Large & Mid Cap

+0.21%

Full IFLO fund page

VS

ETF 2

REFA

Columbia Research Enhanced International Equity ETF

This fund is part of

DM Large & Mid Cap

+0.21%

Full REFA fund page

VictoryShares International Free Cash Flow ETF (IFLO) and Columbia Research Enhanced International Equity ETF (REFA) belong to the same industry segment: DM Large & Mid Cap. IFLO's top 3 sector exposures are Industrials, Consumer Discretionary and Information Technology. In contrast, REFA's top sector exposures are Industrials, Financials and Health Care. IFLO is more expensive with a Total Expense Ratio (TER) of 1.05%, versus 0.32% for REFA. IFLO is up 19.07% year-to-date (YTD) with +$100M in YTD flows. REFA performs worse with 10.77% YTD performance, and +$3K in YTD flows. Run a side-by-side ETF comparison of IFLO and REFA below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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IFLO vs REFA performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 06/18/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	IFLO REFA	+3.19%+4.82%	+10.98%+7.01%	+19.07%+10.77%	+31.57%n/a	n/an/a	n/an/a
Flows	IFLO REFA	+$56M-	+$59M+$3K	+$100M+$3K	+$201M-	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	IFLO REFA	+14.83%+17.78%	+12.74%n/a	n/an/a	n/an/a
Max drawdown	IFLO REFA	-3.36%-4.13%	-5.70%n/a	n/an/a	n/an/a
Max drawdown duration	IFLO REFA	16d53d	37dn/a	n/an/a	n/an/a

Trading data

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	IFLO	REFA
Last sale 6/18/2026 at 1:30 PM	$33.79
Previous close 06/18/2026	$33.70
Consolidated volume 06/18/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of May 29, 2026

1-year trailing difference

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	IFLO	REFA
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 6/18/2026 at 1:30 PM

Live

Closed

	IFLO	REFA
Last price	$33.79	–
1D performance	+0.26%	–
AuM	$229.71 M	$5.68 M
E/R	1.05%	0.32%

Characteristics

	IFLO	REFA
Management strategy	Passive	Passive
Provider	VictoryShares	Columbia Threadneedle Investments
Benchmark	Victory International Free Cash Flow Index	Beta Advantage Research Enhanced International Equity Index
N° of holdings	95	180
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	June 24, 2025	December 11, 2025
ESG	No	No

More IFLO data on Trackinsight

More REFA data on Trackinsight

Exposure

Countries

IFLO

Japan

21.13%

Canada

14.39%

France

13.95%

United Kingdom

8.76%

Other

41.77%

REFA

Japan

23.15%

United Kingdom

15.37%

Germany

8.78%

France

8.72%

Australia

8.2%

Other

35.78%

Sectors

IFLO

Industrials

19.94%

Consumer Discreti.

14.82%

Information Techn.

13.03%

Health Care

12.31%

Energy

11.53%

Materials

10.69%

Other

17.68%

REFA

Industrials

22.46%

Financials

18.23%

Health Care

9.98%

Materials

8.63%

Other

40.7%

Diversification

IFLO

Total weight of top 15 holdings out of 15

28.29%

REFA

Total weight of top 15 holdings out of 15

32.32%

Top 15 holdings

Data as of April 30, 2026

IFLO

SHELL PLC

3.17%

SANOFI SA

2.68%

INTL CONSOLIDATED AIRLINES GRP

2.31%

PUBLICIS GROUPE

2.06%

KINROSS GOLD

1.80%

VINCI

1.79%

EQUINOR

1.78%

MAGNA INTERNATIONAL

1.72%

SAIPEM

1.70%

DENSO

1.68%

ASTELLAS PHARMA

1.61%

GSK PLC

1.58%

SONY GROUP CORPORATION

1.48%

RECRUIT HLDGS CO LTD

1.47%

HEIDELBGCEMENT

1.47%

REFA

ASML HOLDING

5.28%

BHP GROUP LTD

3.45%

NOVARTIS

3.24%

HITACHI

2.48%

SHELL PLC

2.14%

ASTRAZENECA

2.06%

SIEMENS ENERGY AG

2.05%

SONY GROUP CORPORATION

2.03%

MITSUBISHI

1.67%

DEUTSCHE TELEKOM AG

1.48%

SAFRAN

1.41%

BNP PARIBAS

1.31%

RECRUIT HLDGS CO LTD

1.27%

TOKIO MARINE HOLDINGS

1.25%

BRITISH AMERICAN TOBACCO

1.20%

Frequently asked questions about IFLO and REFA

How have the IFLO and REFA ETFs performed in 2026?

As of June 18, 2026, IFLO is up 19.07% year-to-date (YTD), while REFA has returned 10.77%. That puts IFLO better performer ahead so far this year.

Which ETF is attracting more investor money: IFLO or REFA?

Year-to-date, the IFLO ETF saw +$100M in flows, compared to +$3K for REFA.

Which ETF is bigger: IFLO or REFA?

As of June 18, 2026, IFLO holds $229.71 M in assets under management (AUM), while REFA manages $5.68 M.

What sectors do the IFLO and REFA ETFs invest in?

IFLO leans toward sectors like Industrials, Consumer Discretionary and Information Technology. Meanwhile, REFA focuses on Industrials, Financials and Health Care.

What are the top holdings of the IFLO ETF and REFA ETF?

IFLO top holdings include SHELL PLC, SANOFI SA and INTL CONSOLIDATED AIRLINES GRP. REFA holds in its top three: ASML HOLDING, BHP GROUP LTD and NOVARTIS.

IFLOvsREFAETF Comparison

VictoryShares International Free Cash Flow ETF

Columbia Research Enhanced International Equity ETF

IFLO vs REFA performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the IFLO and REFA ETFs performed in 2026?

As of June 18, 2026, IFLO is up 19.07% year-to-date (YTD), while REFA has returned 10.77%. That puts IFLO better performer ahead so far this year.

Which ETF is attracting more investor money: IFLO or REFA?

Year-to-date, the IFLO ETF saw +$100M in flows, compared to +$3K for REFA.

Which ETF is bigger: IFLO or REFA?

As of June 18, 2026, IFLO holds $229.71 M in assets under management (AUM), while REFA manages $5.68 M.

What sectors do the IFLO and REFA ETFs invest in?

IFLO leans toward sectors like Industrials, Consumer Discretionary and Information Technology. Meanwhile, REFA focuses on Industrials, Financials and Health Care.

What are the top holdings of the IFLO ETF and REFA ETF?

IFLO top holdings include SHELL PLC, SANOFI SA and INTL CONSOLIDATED AIRLINES GRP. REFA holds in its top three: ASML HOLDING, BHP GROUP LTD and NOVARTIS.

Which ETF is more diversified: IFLO or REFA?

IFLO holds 95 securities with 28.29% of its assets in the top 15. REFA has 182 securities and a top 15 weight of 32.32%.

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