Virtus AlphaSimplex Managed Futures ETF (ASMF) belongs to the Systematic Trend category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ASMF. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ASMF
ASMF charges 0.80% annually. There are 5 ETFs in the Systematic Trend category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify DBi CTA Managed Futures Index ETF | 0.35% | 33.30M | Feb 2026 | ASMF vs SDMF | |
| Global X Dorsey Wright Thematic ETF | 0.50% | 7.20M | Oct 2019 | ASMF vs GXDW | |
| JPMorgan Managed Futures Plus ETF | 0.59% | 17.45M | May 2026 | ASMF vs JPFP | |
| Invesco Managed Futures Strategy ETF | 0.65% | — | Mar 2025 | ASMF vs IMF | |
| Simplify Managed Futures Strategy ETF | 0.78% | 1.51B | Mar 2022 | ASMF vs CTA |
Best Risk-Adjusted Alternatives to ASMF
ASMF has a PortfoliosLab risk / return rank of 49. There are 7 ETFs in the Systematic Trend category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Managed Futures Active ETF | 92 | — | Mar 2025 | ASMF vs ISMF | |
| iMGP DBi Managed Futures Strategy ETF | 87 | 1.89B | May 2019 | ASMF vs DBMF | |
| Invesco Managed Futures Strategy ETF | 76 | — | Mar 2025 | ASMF vs IMF | |
| Fidelity Managed Futures ETF | 71 | 246.93M | Jun 2025 | ASMF vs FFUT | |
| Return Stacked U.S. Stocks & Managed Futures ETF | 66 | 461.37M | Sep 2023 | ASMF vs RSST |
Top Performing ASMF Alternatives (YTD)
ASMF is at 7.74% YTD. There are 7 ETFs in the Systematic Trend category with higher YTD returns, going as high as 16.68%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Return Stacked U.S. Stocks & Managed Futures ETF | 16.68% | 461.37M | Sep 2023 | ASMF vs RSST | |
| Cambria Chesapeake Pure Trend ETF | 15.99% | — | May 2024 | ASMF vs MFUT | |
| Invesco Managed Futures Strategy ETF | 11.90% | — | Mar 2025 | ASMF vs IMF | |
| Fidelity Managed Futures ETF | 11.54% | 246.93M | Jun 2025 | ASMF vs FFUT | |
| iMGP DBi Managed Futures Strategy ETF | 11.44% | 1.89B | May 2019 | ASMF vs DBMF |
Lowest Volatility Alternatives to ASMF
ASMF has 11.59% 1-year volatility. There are 5 ETFs in the Systematic Trend category with lower 1-year volatility, going as low as 7.99%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Managed Futures Active ETF | 7.99% | — | Mar 2025 | ASMF vs ISMF | |
| Chesapeake Trend-Following Fixed Income ETF | 8.02% | 36.02M | Feb 2026 | ASMF vs TFFI | |
| Invesco Managed Futures Strategy ETF | 10.59% | — | Mar 2025 | ASMF vs IMF | |
| Fidelity Managed Futures ETF | 11.42% | 246.93M | Jun 2025 | ASMF vs FFUT | |
| KFA Mount Lucas Index Strategy ETF | 11.55% | 318.74M | Dec 2020 | ASMF vs KMLM |
Lowest Drawdown Alternatives to ASMF
ASMF has a 1-year max drawdown of -5.02%. There are 2 ETFs in the Systematic Trend category with shallower 1-year drawdowns, going as shallow as -3.94%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Managed Futures Active ETF | -3.94% | — | Mar 2025 | ASMF vs ISMF | |
| Invesco Managed Futures Strategy ETF | -4.54% | — | Mar 2025 | ASMF vs IMF | |
| Fidelity Managed Futures ETF | -5.59% | 246.93M | Jun 2025 | ASMF vs FFUT | |
| iMGP DBi Managed Futures Strategy ETF | -6.10% | 1.89B | May 2019 | ASMF vs DBMF | |
| American Beacon AHL Trend ETF | -8.26% | 133.25M | Aug 2023 | ASMF vs AHLT |
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 | 2.46% | 251.16M | Apr 2019 | ASMF vs SEIX | |
| Virtus Stone Harbor Emerging Markets High Yield Bo... | Emerging Markets Bonds | 93 | 6.41% | 47.30M | Dec 2022 | ASMF vs VEMY | |
| Virtus Newfleet Multi-Sector Bond ETF | Multisector Bonds | 64 | 1.51% | 441.83M | Aug 2015 | ASMF vs NFLT | |
| Virtus Newfleet Short Duration Core Plus Bond ETF | Short-Term Bond | 94 | 1.41% | 13.42M | Nov 2023 | ASMF vs SDCP | |
| Virtus AlphaSimplex Global Macro ETF | Tactical Allocation | — | 17.25% | — | Aug 2025 | ASMF vs ASGM | |
| Virtus SEIX AAA Private Credit CLO ETF | CLO | 99 | 2.44% | — | Dec 2024 | ASMF vs PCLO | |
| Virtus Newfleet Short Duration High Yield Bond ETF | High Yield Bonds | 78 | 2.40% | 31.05M | Dec 2016 | ASMF vs VSHY | |
| Virtus U.S. Dividend ETF | Large Cap Blend Equities, Dividend | — | 19.36% | 17.89M | Dec 2025 | ASMF vs VUS | |
| Virtus KAR Mid-Cap ETF | Mid Cap Growth Equities | 9 | 3.35% | 46.45M | Oct 2024 | ASMF vs KMID | |
| Virtus International Dividend ETF | Foreign Large Cap Equities, Dividend | — | 14.69% | 15.87M | Dec 2025 | ASMF vs VDI |
Often Compared With ASMF
Investors most often compare ASMF with HFMF, VUSV, GAVA. These 20 comparison targets span 17 categories, based on PortfoliosLab usage data.
Compare ASMF with Any Fund or Stock
Compare ASMF with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ASMF with funds that move differently
Virtus AlphaSimplex Managed Futures ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ASMF.
Explore ASMF Diversifiers