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 6 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% | 36.00M | Feb 2026 | ASMF vs SDMF | |
| Global X Dorsey Wright Thematic ETF | 0.50% | 6.00M | Oct 2019 | ASMF vs GXDW | |
| JPMorgan Managed Futures Plus ETF | 0.59% | 33.36M | May 2026 | ASMF vs JPFP | |
| WisdomTree Managed Futures Strategy Fund | 0.65% | 243.46M | Jan 2011 | ASMF vs WTMF | |
| Invesco Managed Futures Strategy ETF | 0.65% | — | Mar 2025 | ASMF vs IMF |
Best Risk-Adjusted Alternatives to ASMF
ASMF has a PortfoliosLab risk / return rank of 65. There are 9 ETFs in the Systematic Trend category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Managed Futures Active ETF | 93 | — | Mar 2025 | ASMF vs ISMF | |
| iMGP DBi Managed Futures Strategy ETF | 90 | 1.89B | May 2019 | ASMF vs DBMF | |
| Fidelity Managed Futures ETF | 88 | 246.93M | Jun 2025 | ASMF vs FFUT | |
| American Beacon AHL Trend ETF | 88 | 133.25M | Aug 2023 | ASMF vs AHLT | |
| WisdomTree Managed Futures Strategy Fund | 87 | 243.46M | Jan 2011 | ASMF vs WTMF |
Top Performing ASMF Alternatives (YTD)
ASMF is at 7.73% YTD. There are 8 ETFs in the Systematic Trend category with higher YTD returns, going as high as 17.76%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Cambria Chesapeake Pure Trend ETF | 17.76% | — | May 2024 | ASMF vs MFUT | |
| Return Stacked U.S. Stocks & Managed Futures ETF | 14.96% | 482.02M | Sep 2023 | ASMF vs RSST | |
| Fidelity Managed Futures ETF | 13.58% | 246.93M | Jun 2025 | ASMF vs FFUT | |
| Invesco Managed Futures Strategy ETF | 13.08% | — | Mar 2025 | ASMF vs IMF | |
| KFA Mount Lucas Index Strategy ETF | 12.95% | 419.76M | Dec 2020 | ASMF vs KMLM |
Lowest Volatility Alternatives to ASMF
ASMF has 11.49% 1-year volatility. There are 5 ETFs in the Systematic Trend category with lower 1-year volatility, going as low as 7.78%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Chesapeake Trend-Following Fixed Income ETF | 7.78% | 36.02M | Feb 2026 | ASMF vs TFFI | |
| iShares Managed Futures Active ETF | 8.10% | — | Mar 2025 | ASMF vs ISMF | |
| WisdomTree Managed Futures Strategy Fund | 9.13% | 243.46M | Jan 2011 | ASMF vs WTMF | |
| First Trust Managed Futures Strategy Fund | 9.56% | 257.60M | Aug 2013 | ASMF vs FMF | |
| Invesco Managed Futures Strategy ETF | 10.65% | — | Mar 2025 | ASMF vs IMF |
Lowest Drawdown Alternatives to ASMF
ASMF has a 1-year max drawdown of -5.02%. There are 4 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 | |
| WisdomTree Managed Futures Strategy Fund | -4.04% | 243.46M | Jan 2011 | ASMF vs WTMF | |
| First Trust Managed Futures Strategy Fund | -4.51% | 257.60M | Aug 2013 | ASMF vs FMF | |
| 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 |
Other ETFs from Virtus
The 10 most viewed Virtus ETFs shown here include PFFA, UTES, SEIX and span 13 categories. AUM among these funds goes as high as $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Virtus InfraCap U.S. Preferred Stock ETF | Preferred Stock | 29 | 1.20% | 2.45B | May 2018 | ASMF vs PFFA | |
| Virtus Reaves Utilities ETF | Utilities Equities | 7 | -1.07% | 1.33B | Sep 2015 | ASMF vs UTES | |
| Virtus Seix Senior Loan ETF | Bank Loan, High Yield Bonds, Actively Managed | 96 | 2.94% | 251.21M | Apr 2019 | ASMF vs SEIX | |
| InfraCap REIT Preferred ETF | REIT, Preferred Stock | 23 | 2.67% | 120.46M | Feb 2017 | ASMF vs PFFR | |
| InfraCap MLP ETF | MLPs | 47 | 30.46% | 467.54M | Oct 2014 | ASMF vs AMZA | |
| Virtus Terranova U.S. Quality Momentum ETF | Quality Factor, Momentum, Large Cap Blend Equities | 34 | 8.43% | 240.41M | Nov 2020 | ASMF vs JOET | |
| Virtus Stone Harbor Emerging Markets High Yield Bo... | Emerging Markets Bonds | 89 | 5.65% | 49.68M | Dec 2022 | ASMF vs VEMY | |
| Virtus LifeSci Biotech Clinical Trials ETF | Health & Biotech Equities | 96 | 26.39% | 47.80M | Dec 2014 | ASMF vs BBC | |
| Virtus Private Credit ETF | Nontraditional Bonds | 1 | -11.53% | 30.31M | Feb 2019 | ASMF vs VPC | |
| Virtus LifeSci Biotech Products ETF | Health & Biotech Equities | 90 | 17.46% | 101.39M | Dec 2014 | ASMF vs BBP |
Often Compared With ASMF
Investors most often compare ASMF with PCLO, VSHY, CTA. These 20 comparison targets span 18 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