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TFGZvsGFLWETF Comparison

ETF 1
TFGZ

Thornburg Focus Growth Fund ETF

This fund is part of
US Multi-Factor
-0.6%
VS
ETF 2
GFLW

VictoryShares Free Cash Flow Growth ETF

This fund is part of
US Large Cap Growth
-0.95%

Thornburg Focus Growth Fund ETF (TFGZ) belongs to the US Multi-Factor segment. VictoryShares Free Cash Flow Growth ETF (GFLW) is part of the US Large Cap Growth segment. TFGZ's top 3 sector exposures are Information Technology, Industrials and Communication Services. In contrast, GFLW's top sector exposures are Information Technology, Consumer Discretionary and Industrials. TFGZ is more expensive with a Total Expense Ratio (TER) of 0.98%, versus 0.5% for GFLW. Run a side-by-side ETF comparison of TFGZ and GFLW 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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TFGZ vs GFLW performance and flow charts

Performance

-20246810%May 18May 25Jun 1Jun 8Jun 15

Cumulative Flows

0 M5 M10 M15 M20 M25 MMay 18May 25Jun 1Jun 8Jun 15

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Historic performance and flows
Data as of 06/16/2026
1M3MYTD1Y3Y5Y
Perf.
TFGZ
GFLW
+4.45%+8.29%
n/a+20.65%
n/a+15.88%
n/a+27.87%
n/an/a
n/an/a
Flows
TFGZ
GFLW
+$698K+$24M
-+$33M
-+$80M
-+$160M
--
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
TFGZ
GFLW
n/a+26.61%
n/a+20.60%
n/an/a
n/an/a
Max drawdown
TFGZ
GFLW
n/a-7.82%
n/a-14.90%
n/an/a
n/an/a
Max drawdown duration
TFGZ
GFLW
n/a21d
n/a172d
n/an/a
n/an/a
Trading data

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TFGZ
GFLW
Last sale
6/17/2026 at 1:30 PM
$35.56
$32.41
Previous close
06/16/2026
$35.78
$32.68
Consolidated volume
06/16/2026
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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TFGZ
is actively managed and doesn’t replicate an index

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TFGZ
GFLW
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 6/17/2026 at 1:30 PM
Live
Closed
TFGZ
GFLW
Last price
$35.56
$32.41
1D performance
-0.61%
-0.84%
AuM$5.72 M$821.99 M
E/R0.98%0.5%
Characteristics
TFGZ
GFLW
Management strategyActivePassive
ProviderThornburgVictoryShares
Benchmark-Victory Free Cash Flow Growth Index
N° of holdings3586
Asset class--
Trailing 12m distribution yield
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Inception dateMarch 31, 2026December 4, 2024
ESGNoNo
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Exposure

Countries

TFGZ
USA
70.09%
Other
29.91%
GFLW
USA
86.11%
Other
13.89%

Sectors

TFGZ
Information Techn.
31.78%
Industrials
12.91%
Communication Ser.
12.89%
Financials
8.44%
Other
33.98%
GFLW
Information Techn.
35.09%
Consumer Discreti.
12.96%
Industrials
12.01%
Health Care
10.56%
Other
29.37%
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Diversification

TFGZ

Total weight of top 15 holdings out of 15

57.92%
GFLW

Total weight of top 15 holdings out of 15

38.45%

Top 15 holdings

Data as of April 30, 2026
TFGZ
MICROSOFT-T
9.28%
ALPHABET INC-CL
7.28%
BROADCOM LIMITED
6.48%
META PLATFORMS
4.83%
CREDO TECHNOLOGY GROUP HOLDING
4.08%
MASTERCARD
3.59%
ARGAN
3.15%
VERTIV HOLDINGS
2.90%
S&P GLOBAL INC
2.75%
ROYALTY PHARMA
2.73%
VICTORIAS SECRET
2.62%
SITIME CORP
2.30%
HEICO
2.22%
PROGRESSIVE
2.01%
BRIGHTSPHERE INVESTMENT GROUP
1.70%
GFLW
BROADCOM LIMITED
4.09%
NVIDIA
4.00%
US36828A1016
3.55%
NEWMONT CORP
3.25%
US5128073062
2.86%
APPLIED MATERIAL
2.53%
VERTIV HOLDINGS
2.36%
COMFORT SYSTEMS USA
2.28%
AMPHENOL
2.14%
KLA CORPORATION
2.14%
ROSS STORES
2.00%
CARDINAL HEALTH
1.99%
EMCOR GROUP
1.99%
TJX
1.67%
COEUR MINING INC
1.59%
Frequently asked questions about TFGZ and GFLW

Which ETF is bigger: TFGZ or GFLW?

As of June 16, 2026, TFGZ holds $5.72 M in assets under management (AUM), while GFLW manages $821.99 M.

What sectors do the TFGZ and GFLW ETFs invest in?

TFGZ leans toward sectors like Information Technology, Industrials and Communication Services. Meanwhile, GFLW focuses on Information Technology, Consumer Discretionary and Industrials.

What are the top holdings of the TFGZ ETF and GFLW ETF?

TFGZ top holdings include MICROSOFT-T, ALPHABET INC-CL and BROADCOM LIMITED. GFLW holds in its top three: BROADCOM LIMITED, NVIDIA and US36828A1016.

Which ETF is more diversified: TFGZ or GFLW?

TFGZ holds 35 securities with 57.92% of its assets in the top 15. GFLW has 88 securities and a top 15 weight of 38.45%.

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