Virtus AlphaSimplex Global Macro ETF (ASGM) belongs to the Tactical Allocation category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ASGM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ASGM
ASGM charges 0.86% annually. There are 26 ETFs in the Tactical Allocation category with lower expense ratios, going as low as 0.24%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Elm Market Navigator ETF | 0.24% | 493.11M | Dec 2011 | ASGM vs ELM | |
| WisdomTree Efficient TIPS Plus Gold Fund | 0.30% | 11.12M | Jan 2026 | ASGM vs GDT | |
| WisdomTree U.S. Adaptive Moving Average Fund | 0.32% | 189.62M | Mar 2026 | ASGM vs WAMA | |
| Global X Adaptive U.S. Risk Management ETF | 0.39% | 140.33M | Jan 2021 | ASGM vs ONOF | |
| WisdomTree International Adaptive Moving Average F... | 0.42% | 68.45M | Mar 2026 | ASGM vs WIMA |
Best Risk-Adjusted Alternatives to ASGM
Among 26 ETFs in the Tactical Allocation category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 83.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Alexis Practical Tactical ETF | 83 | 144.62M | Jun 2021 | ASGM vs LEXI | |
| RH Tactical Rotation ETF | 83 | 17.21M | Sep 2012 | ASGM vs RHRX | |
| Cambria Trinity ETF | 80 | 142.96M | Sep 2018 | ASGM vs TRTY | |
| Relative Sentiment Tactical Allocation ETF | 77 | 110.78M | May 2022 | ASGM vs MOOD | |
| Cabana Target Drawdown 7 ETF | 74 | 61.59M | Sep 2020 | ASGM vs TDSB |
Top Performing ASGM Alternatives (YTD)
ASGM is at 16.52% YTD. There are 3 ETFs in the Tactical Allocation category with higher YTD returns, going as high as 17.47%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Horizon International Managed Risk ETF | 17.47% | 410.55M | Dec 2025 | ASGM vs SFTX | |
| RH Tactical Rotation ETF | 17.41% | 17.21M | Sep 2012 | ASGM vs RHRX | |
| Adaptive Alpha Opportunities ETF | 17.04% | 319.03M | Sep 2012 | ASGM vs AGOX | |
| Man Active Trend Enhanced ETF | 16.06% | — | Dec 2025 | ASGM vs MATE | |
| Cabana Target Leading Sector Moderate ETF | 15.11% | 114.31M | Jul 2021 | ASGM vs CLSM |
Lowest Volatility Alternatives to ASGM
ASGM has 16.81% 1-year volatility. There are 31 ETFs in the Tactical Allocation category with lower 1-year volatility, going as low as 5.94%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Liberty One Tactical Income ETF | 5.94% | 6.61M | Sep 2025 | ASGM vs LOTI | |
| GammaRoad Market Navigation ETF | 6.18% | 5.87M | Sep 2024 | ASGM vs GMMA | |
| Cabana Target Drawdown 7 ETF | 6.38% | 61.59M | Sep 2020 | ASGM vs TDSB | |
| Beacon Selective Risk ETF | 8.79% | 38.23M | Apr 2023 | ASGM vs BSR | |
| GMO Dynamic Allocation ETF | 8.83% | 34.00M | Oct 2025 | ASGM vs GMOD |
Lowest Drawdown Alternatives to ASGM
Among 26 ETFs in the Tactical Allocation category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -3.39%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GammaRoad Market Navigation ETF | -3.39% | 5.87M | Sep 2024 | ASGM vs GMMA | |
| Cabana Target Drawdown 7 ETF | -4.64% | 61.59M | Sep 2020 | ASGM vs TDSB | |
| Cabana Target Drawdown 10 ETF | -5.35% | 127.07M | Sep 2020 | ASGM vs TDSC | |
| Cambria Trinity ETF | -5.49% | 142.96M | Sep 2018 | ASGM vs TRTY | |
| Fairlead Tactical Sector Fund | -5.85% | 274.27M | Mar 2022 | ASGM vs TACK |
Other ETFs from Virtus
The 10 most viewed Virtus ETFs shown here include SEIX, VEMY, NFLT and span 11 categories. AUM among these funds goes as high as $442M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Virtus Seix Senior Loan ETF | Bank Loan | 95 | 2.82% | 251.16M | Apr 2019 | ASGM vs SEIX | |
| Virtus Stone Harbor Emerging Markets High Yield Bo... | Emerging Markets Bonds | 92 | 6.42% | 47.30M | Dec 2022 | ASGM vs VEMY | |
| Virtus Newfleet Multi-Sector Bond ETF | Multisector Bonds | 69 | 2.00% | 441.83M | Aug 2015 | ASGM vs NFLT | |
| Virtus Newfleet Short Duration Core Plus Bond ETF | Short-Term Bond | 95 | 1.57% | 13.42M | Nov 2023 | ASGM vs SDCP | |
| Virtus SEIX AAA Private Credit CLO ETF | CLO | 99 | 2.52% | — | Dec 2024 | ASGM vs PCLO | |
| Virtus AlphaSimplex Managed Futures ETF | Systematic Trend | 49 | 7.28% | 30.89M | May 2024 | ASGM vs ASMF | |
| Virtus Newfleet Short Duration High Yield Bond ETF | High Yield Bonds | 79 | 2.63% | 31.05M | Dec 2016 | ASGM vs VSHY | |
| Virtus U.S. Dividend ETF | Large Cap Blend Equities, Dividend | — | 19.82% | 17.89M | Dec 2025 | ASGM vs VUS | |
| Virtus KAR Mid-Cap ETF | Mid Cap Growth Equities | 12 | 4.82% | 46.45M | Oct 2024 | ASGM vs KMID | |
| Virtus International Dividend ETF | Foreign Large Cap Equities, Dividend | — | 15.58% | 15.87M | Dec 2025 | ASGM vs VDI |
Often Compared With ASGM
Investors most often compare ASGM with EZRO, CORO, ORO. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare ASGM with Any Fund or Stock
Compare ASGM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ASGM with funds that move differently
Virtus AlphaSimplex Global Macro ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ASGM.
Explore ASGM Diversifiers