AAAA vs. ASGM

Last updated Jul 17, 2026

AAAA (Amplius Aggressive Asset Allocation ETF) and ASGM (Virtus AlphaSimplex Global Macro ETF) are both exchange-traded funds - AAAA is a Diversified Portfolio fund actively managed by Amplius, while ASGM is a Tactical Allocation fund actively managed by Virtus. Both are actively managed. Their correlation of 0.86 suggests significant overlap in exposure. AAAA charges 0.49%/yr vs 0.86%/yr for ASGM.

Performance

AAAA vs. ASGM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplius Aggressive Asset Allocation ETF (AAAA) and Virtus AlphaSimplex Global Macro ETF (ASGM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AAAA achieves a 10.99% return, which is significantly lower than ASGM's 16.52% return.

AAAA

• 1D: -0.68%
• 1M: -0.71%
• 6M: 9.20%
• YTD: 10.99%
• 1Y: 21.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ASGM

• 1D: -1.07%
• 1M: -2.78%
• 6M: 11.31%
• YTD: 16.52%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AAAA vs. ASGM - Yearly Performance Comparison

	2026 (YTD)	2025
AAAA Amplius Aggressive Asset Allocation ETF	10.99%	8.76%
ASGM Virtus AlphaSimplex Global Macro ETF	16.52%	11.08%

Correlation

The correlation between AAAA and ASGM is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 5, 2025	0.86

Return for Risk

AAAA vs. ASGM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAAA

AAAA Risk / Return Rank: 74
AAAA Sharpe Ratio Rank: 74
AAAA Sortino Ratio Rank: 73
AAAA Omega Ratio Rank: 73
AAAA Calmar Ratio Rank: 70
AAAA Martin Ratio Rank: 81

ASGM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

AAAA vs. ASGM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplius Aggressive Asset Allocation ETF (AAAA) and Virtus AlphaSimplex Global Macro ETF (ASGM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AAAA	ASGM	Difference
Sharpe ratio: Return per unit of total volatility	1.88	—	—
Sortino ratio: Return per unit of downside risk	2.64	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	2.82	—	—
Martin ratio: Return relative to average drawdown	12.21	—	—

Drawdowns

AAAA vs. ASGM - Drawdown Comparison

The maximum AAAA drawdown since its inception was -7.83%, which is greater than ASGM's maximum drawdown of -6.62%. Use the drawdown chart below to compare losses from any high point for AAAA and ASGM.

Drawdown Indicators

	AAAA	ASGM	Difference
Max Drawdown Largest peak-to-trough decline	-7.83%	-6.62%	-1.21%
Max Drawdown (1Y) Largest decline over 1 year	-7.83%	—	—
Current Drawdown Current decline from peak	-1.79%	-5.40%	+3.61%
Average Drawdown Average peak-to-trough decline	-1.08%	-1.60%	+0.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.80%	—	—

Volatility

Volatility by Period

	AAAA	ASGM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.42%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.75%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.73%	16.81%	-5.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.73%	16.81%	-5.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.73%	16.81%	-5.08%

AAAA vs. ASGM - Expense Ratio Comparison

AAAA has a 0.49% expense ratio, which is lower than ASGM's 0.86% expense ratio.

Dividends

AAAA vs. ASGM - Dividend Comparison

AAAA's dividend yield for the trailing twelve months is around 1.29%, less than ASGM's 3.88% yield.

Position	TTM	2025
AAAA Amplius Aggressive Asset Allocation ETF	1.29%	0.79%
ASGM Virtus AlphaSimplex Global Macro ETF	3.88%	4.52%

Frequently Asked Questions

Can I hold both AAAA and ASGM in my portfolio?

AAAA and ASGM have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AAAA or ASGM?

On fees, AAAA is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AAAA or ASGM?

AAAA is cheaper with a 0.49% expense ratio, compared with 0.86% for ASGM.

Which ETF pays a higher dividend yield, AAAA or ASGM?

ASGM has the higher dividend yield at 3.88%, compared with 1.29% for AAAA.

What is the main difference between AAAA and ASGM?

AAAA is categorized as Diversified Portfolio, while ASGM is Tactical Allocation. They also come from different issuers: Amplius and Virtus. Their fees differ too: 0.49% for AAAA and 0.86% for ASGM.