VFLO vs XLC: Holdings Overlap
VFLOVictoryShares Free Cash Flow ETF
VictoryShares · 50 holdings · $9.6B · as of 2026-03-31
XLCState Street® Communication Services Select Sector SPDR® ETF
State Street (SPDR) · 23 holdings · $21.7B · as of 2026-08-06
Holdings snapshots are 128 days apart (VFLO: 2026-03-31, XLC: 2026-08-06). 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 VFLO and XLC?
VictoryShares Free Cash Flow ETF (VFLO, by VictoryShares) holds 50 positions; State Street® Communication Services Select Sector SPDR® ETF (XLC, by State Street (SPDR)) holds 23. They have 2 holdings in common, and by portfolio weight the two funds are 4.8% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2VFLO holds 50 · XLC holds 23
- Weight in Shared Holdings
- VFLO 5%·XLC 7%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 VFLO
48 of 50 positions (94.7% of the fund) are not held by XLC. Showing the top 30 by weight.
Sector Breakdown
| Sector | VFLO | XLC |
|---|---|---|
| Communication Services | 4.8% | 99.8% |
| Information Technology | 30.0% | 0.0% |
| Consumer Discretionary | 17.9% | 0.0% |
| Health Care | 17.6% | 0.0% |
| Energy | 12.8% | 0.0% |
| Other Sectors | 16.4% | 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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| VFLO | +8.6% | +31.3% | +51.6% | +26.1% | — | — | 1.09% |
| XLC | +0.2% | -5.0% | +5.0% | +19.1% | +7.2% | — | 1.29% |
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 VFLO vs XLC →
Shared Holdings(2)
Frequently Asked Questions
How much do VFLO and XLC overlap?
VFLO and XLC overlap by 4.8% of portfolio weight. They share 2 holdings (VFLO holds 50 positions and XLC holds 23), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VFLO and XLC?
The two portfolios are 4.8% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of VFLO and XLC?
The largest positions held by both funds are OMC and FOXA. Together the top 2 shared positions account for 100% of the total overlap.
What does VFLO own that XLC doesn't?
48 positions (94.7% of VFLO) are unique to VFLO, led by CI, ACN and CRM. In the other direction, 21 positions (93.2% of XLC) are unique to XLC.