CALF vs VFLO: Holdings Overlap
CALFPacer US Small Cap Cash Cows 100 ETF
Pacer · 200 holdings · $3.7B · as of 2026-04-30
VFLOVictoryShares Free Cash Flow ETF
VictoryShares · 50 holdings · $9.6B · as of 2026-03-31
Holdings snapshots are 30 days apart (CALF: 2026-04-30, VFLO: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are CALF and VFLO?
Pacer US Small Cap Cash Cows 100 ETF (CALF, by Pacer) holds 200 positions; VictoryShares Free Cash Flow ETF (VFLO, by VictoryShares) holds 50. They have 8 holdings in common, and by portfolio weight the two funds are 13.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 13.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 8CALF holds 200 · VFLO holds 50
- Weight in Shared Holdings
- CALF 15%·VFLO 17%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in CALF
192 of 200 positions (85.3% of the fund) are not held by VFLO. Showing the top 30 by weight.
Sector Breakdown
| Sector | CALF | VFLO |
|---|---|---|
| Information Technology | 26.3% | 30.0% |
| Consumer Discretionary | 28.3% | 17.9% |
| Health Care | 9.1% | 17.6% |
| Energy | 9.6% | 12.8% |
| Industrials | 8.9% | 10.1% |
| Other Sectors | 16.9% | 11.1% |
| Unclassified | 0.9% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (1% of CALF, 0% of VFLO).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| CALF | +8.4% | +27.1% | +42.3% | +9.9% | +6.8% | — | 1.08% |
| VFLO | +8.6% | +31.3% | +51.6% | +26.1% | — | — | 1.09% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in CALF vs VFLO →
Shared Holdings(8)
The top 8 shared positions account for 100% of the overlap, led by ZM, EXPE and OMC.
 ZMZoom Communications, Inc., Class A | 2.41% | 2.76% | 2.41% |
|---|---|---|---|
 EXPEExpedia Group Inc COM NEW | 2.00% | 2.70% | 2.00% |
 OMCOmnicom Group Inc COM | 1.81% | 3.35% | 1.81% |
 NTAPNetApp Inc. COM | 2.05% | 1.78% | 1.78% |
 INCYIncyte Corporation. COM | 1.55% | 2.22% | 1.55% |
 FOXAFox Corporation CL A COM | 2.03% | 1.45% | 1.45% |
 TOLToll Brothers, Inc. COM | 1.71% | 1.22% | 1.22% |
 DECKDeckers Outdoor Corp. COM | 1.07% | 1.42% | 1.07% |
Frequently Asked Questions
How much do CALF and VFLO overlap?
CALF and VFLO overlap by 13.3% of portfolio weight. They share 8 holdings (CALF holds 200 positions and VFLO holds 50), based on each fund's latest SEC-reported holdings.
Is it redundant to own both CALF and VFLO?
The two portfolios are 13.3% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of CALF and VFLO?
The largest positions held by both funds are ZM, EXPE, OMC, NTAP and INCY. Together the top 8 shared positions account for 100% of the total overlap.
What does CALF own that VFLO doesn't?
192 positions (85.3% of CALF) are unique to CALF, led by SNX, APA and DVN. In the other direction, 42 positions (82.6% of VFLO) are unique to VFLO.