ASGM vs. ORO
ASGM (Virtus AlphaSimplex Global Macro ETF) and ORO (Arrow Valtoro ETF) are both Tactical Allocation funds. Both are actively managed. Their 0.55 correlation means they have sometimes moved together and sometimes differently. ASGM charges 0.86%/yr vs 1.25%/yr for ORO.
Performance
ASGM vs. ORO - Performance Comparison
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Returns By Period
In the year-to-date period, ASGM achieves a 16.91% return, which is significantly higher than ORO's -0.52% return.
ASGM
- 1D
- 0.98%
- 1M
- 0.87%
- 6M
- 11.31%
- YTD
- 16.91%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
ORO
- 1D
- -1.15%
- 1M
- -0.38%
- 6M
- -3.40%
- YTD
- -0.52%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $8.08K | $15.18K | $25.79K | |
| $4.26K | $2.84K | $3.33K |
ASGM vs. ORO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ASGM Virtus AlphaSimplex Global Macro ETF | 16.91% | 1.91% |
ORO Arrow Valtoro ETF | -0.52% | -9.23% |
Correlation
The correlation between ASGM and ORO is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 17, 2025 | 0.55 |
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Return for Risk
ASGM vs. ORO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus AlphaSimplex Global Macro ETF (ASGM) and Arrow Valtoro ETF (ORO). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
ASGM vs. ORO - Drawdown Comparison
The maximum ASGM drawdown since its inception was -7.37%, smaller than the maximum ORO drawdown of -14.25%. Use the drawdown chart below to compare losses from any high point for ASGM and ORO.
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Drawdown Indicators
| ASGM | ORO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.37% | -14.25% | +6.88% |
Current DrawdownCurrent decline from peak | -5.09% | -13.23% | +8.14% |
Average DrawdownAverage peak-to-trough decline | -1.77% | -7.50% | +5.73% |
Volatility
ASGM vs. ORO - Volatility Comparison
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Volatility by Period
| ASGM | ORO | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 16.76% | 23.09% | -6.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.76% | 23.09% | -6.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.76% | 23.09% | -6.33% |
ASGM vs. ORO - Expense Ratio Comparison
ASGM has a 0.86% expense ratio, which is lower than ORO's 1.25% expense ratio.
Dividends
ASGM vs. ORO - Dividend Comparison
ASGM's dividend yield for the trailing twelve months is around 3.86%, while ORO has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
ASGM Virtus AlphaSimplex Global Macro ETF | 3.86% | 4.52% |
ORO Arrow Valtoro ETF | 0.00% | 0.00% |
Frequently Asked Questions
ASGM and ORO have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ASGM is cheaper at 0.86% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ASGM is cheaper with a 0.86% expense ratio, compared with 1.25% for ORO.
ASGM has the higher dividend yield at 3.86%, compared with 0.00% for ORO.
They also come from different issuers: Virtus and Arrow Funds. Their fees differ too: 0.86% for ASGM and 1.25% for ORO.
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