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Virtus AlphaSimplex Managed Futures ETF (ASMF)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
Virtus
Inception Date
May 15, 2024
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Alternatives
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Virtus AlphaSimplex Managed Futures ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Virtus AlphaSimplex Managed Futures ETF (ASMF) has returned 5.61% so far this year and 9.29% over the past 12 months.


Virtus AlphaSimplex Managed Futures ETF

1D
0.95%
1M
-4.12%
YTD
5.61%
6M
9.20%
1Y
9.29%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since May 16, 2024, ASMF's average daily return is +0.01%, while the average monthly return is +0.16%. At this rate, your investment would double in approximately 36.1 years.

Historically, 61% of months were positive and 39% were negative. The best month was Feb 2026 with a return of +5.6%, while the worst month was Oct 2024 at -4.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, ASMF closed higher 56% of trading days. The best single day was Feb 6, 2026 with a return of +3.0%, while the worst single day was Aug 5, 2024 at -2.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.28%5.63%-4.12%5.61%
20251.73%-3.04%-0.90%-4.04%0.61%0.68%-1.38%1.84%2.53%0.73%1.00%1.64%1.16%
20240.89%1.08%-1.34%-2.74%1.91%-4.76%-0.22%1.76%-3.56%

Benchmark Metrics

Virtus AlphaSimplex Managed Futures ETF has an annualized alpha of -2.07%, beta of 0.34, and R² of 0.26 versus S&P 500 Index. Calculated based on daily prices since May 17, 2024.

  • This ETF participated in 44.06% of S&P 500 Index downside but only 23.55% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.34 may look defensive, but with R² of 0.26 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.26 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-2.07%
Beta
0.34
0.26
Upside Capture
23.55%
Downside Capture
44.06%

Expense Ratio

ASMF has an expense ratio of 0.80%, placing it in the medium range.


Return for Risk

Risk / Return Rank

ASMF ranks 43 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


ASMF Risk / Return Rank: 4343
Overall Rank
ASMF Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
ASMF Sortino Ratio Rank: 3838
Sortino Ratio Rank
ASMF Omega Ratio Rank: 3636
Omega Ratio Rank
ASMF Calmar Ratio Rank: 6464
Calmar Ratio Rank
ASMF Martin Ratio Rank: 3939
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Virtus AlphaSimplex Managed Futures ETF (ASMF) and compare them to a chosen benchmark (S&P 500 Index).


ASMFBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.79

0.90

-0.10

Sortino ratio

Return per unit of downside risk

1.14

1.39

-0.24

Omega ratio

Gain probability vs. loss probability

1.15

1.21

-0.06

Calmar ratio

Return relative to maximum drawdown

1.70

1.40

+0.30

Martin ratio

Return relative to average drawdown

3.75

6.61

-2.85

Explore ASMF risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Virtus AlphaSimplex Managed Futures ETF provided a 0.20% dividend yield over the last twelve months, with an annual payout of $0.05 per share.


0.50%1.00%1.50%$0.00$0.10$0.20$0.30$0.4020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$0.05$0.05$0.39

Dividend yield

0.20%0.22%1.66%

Monthly Dividends

The table displays the monthly dividend distributions for Virtus AlphaSimplex Managed Futures ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.05$0.05
2024$0.39$0.39

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Virtus AlphaSimplex Managed Futures ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Virtus AlphaSimplex Managed Futures ETF was 15.31%, occurring on Apr 8, 2025. Recovery took 210 trading sessions.

The current Virtus AlphaSimplex Managed Futures ETF drawdown is 4.12%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-15.31%Jul 11, 2024187Apr 8, 2025210Feb 9, 2026397
-5.02%Mar 2, 202621Mar 30, 2026
-4.22%May 21, 202418Jun 14, 202410Jul 1, 202428
-2.19%Feb 12, 20263Feb 17, 20265Feb 24, 20268
-0.57%Feb 10, 20261Feb 10, 20261Feb 11, 20262

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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