VictoryShares Free Cash Flow ETF
VFLO
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 15935 La Cantera Parkway San Antonio TX United States of America 78256
- IPO Date
- Jun 26, 2023
- Website
- vcm.com
- Similar Companies
- Business
- VictoryShares Free Cash Flow ETF (VFLO) is an exchange-traded fund that provides investors with exposure to high-quality, large-cap U.S. companies exhibiting strong free cash flow yields and favorable growth prospects by tracking the Victory U.S. Large Cap Free Cash Flow Index before fees and expenses. The ETF selects from the largest 400 profitable U.S. large-cap companies, applies a free cash flow screen using both trailing 12-month and forward 12-month expected free cash flow divided by enterprise value, imposes a growth filter based on sales trends, EBITDA trends, and long-term EPS growth estimates to eliminate weak-growth candidates, and weights the final 50 holdings by free cash flow size and yield with individual caps at 4% and sector caps at 45%. Key sectors include information technology, energy, health care, and consumer discretionary, with top holdings such as Merck & Co. Inc., Cigna Group, QUALCOMM Inc., Exxon Mobil Corp., and Chevron Corp.; the fund maintains a net expense ratio of 0.39%, approximately 50 holdings, an average market cap of $87.5 billion, and a next-twelve-month P/E ratio of 12.35. VFLO operates exclusively in U.S. equity markets targeting institutional, intermediary, and individual investors seeking value-oriented large-cap exposure with growth potential. Launched on June 21, 2023, VFLO is issued and managed by Victory Capital Management Inc., a wholly owned subsidiary of Victory Capital Holdings, Inc. (NASDAQ: VCTR), an asset management firm founded in 2013 via a management-led buyout from KeyCorp and headquartered in San Antonio, Texas. Victory Capital oversees a platform of 26 VictoryShares ETFs as of June 2025 with over $14 billion in ETF assets under management, emphasizing rules-based strategies including free cash flow, dividend growth, and multi-factor approaches across U.S. and international equities. In recent developments, Victory Capital expanded its free cash flow suite in June 2025 by launching VictoryShares International Free Cash Flow ETF (IFLO) and VictoryShares International Free Cash Flow Growth ETF (GRIN), enabling globally diversified FCF-driven portfolios that complement VFLO using the same index methodology for developed international markets. The firm completed a transformative strategic partnership with Amundi in early 2025, combining Amundi US operations with Victory Capital, establishing Amundi as a 26.1% economic shareholder, and initiating 15-year distribution and services agreements to enhance U.S. market reach and scale total assets under management to nearly $300 billion. VFLO underwent its Q1 2025 quarterly rebalance, swapping 13 holdings with a shift toward technology over health care while preserving quality and value characteristics, alongside a late-2024 reconstitution that adjusted top holdings to capture current free cash flow leaders.