ASGM vs. QTAC

Last updated Jun 4, 2026

ASGM (Virtus AlphaSimplex Global Macro ETF) and QTAC (Q3 All-Season Tactical Advantage ETF) are both Tactical Allocation funds. Both are actively managed. A 0.74 correlation means they provide meaningful diversification when combined. ASGM charges 0.86%/yr vs 1.78%/yr for QTAC.

Performance

ASGM vs. QTAC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus AlphaSimplex Global Macro ETF (ASGM) and Q3 All-Season Tactical Advantage ETF (QTAC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASGM achieves a 22.52% return, which is significantly higher than QTAC's 3.12% return.

ASGM

• 1D: -0.53%
• 1M: 7.21%
• YTD: 22.52%
• 6M: 24.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QTAC

• 1D: -0.30%
• 1M: 14.39%
• YTD: 3.12%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ASGM vs. QTAC - Yearly Performance Comparison

	2026 (YTD)	2025
ASGM Virtus AlphaSimplex Global Macro ETF	22.52%	2.82%
QTAC Q3 All-Season Tactical Advantage ETF	3.12%	0.37%

Correlation

The correlation between ASGM and QTAC is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 17, 2025	0.74

Return for Risk

ASGM vs. QTAC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus AlphaSimplex Global Macro ETF (ASGM) and Q3 All-Season Tactical Advantage ETF (QTAC). 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.

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

Sharpe Ratios by Period

	ASGM	QTAC	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.95	0.33	+2.62

Drawdowns

ASGM vs. QTAC - Drawdown Comparison

The maximum ASGM drawdown since its inception was -6.62%, smaller than the maximum QTAC drawdown of -16.56%. Use the drawdown chart below to compare losses from any high point for ASGM and QTAC.

Drawdown Indicators

	ASGM	QTAC	Difference
Max Drawdown Largest peak-to-trough decline	-6.62%	-16.56%	+9.94%
Current Drawdown Current decline from peak	-0.53%	-0.62%	+0.09%
Average Drawdown Average peak-to-trough decline	-1.22%	-6.70%	+5.48%

Volatility

Volatility by Period

	ASGM	QTAC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	15.67%	24.15%	-8.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.67%	24.15%	-8.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.67%	24.15%	-8.48%

ASGM vs. QTAC - Expense Ratio Comparison

ASGM has a 0.86% expense ratio, which is lower than QTAC's 1.78% expense ratio.

Dividends

ASGM vs. QTAC - Dividend Comparison

ASGM's dividend yield for the trailing twelve months is around 3.69%, more than QTAC's 0.05% yield.

Position	TTM	2025
ASGM Virtus AlphaSimplex Global Macro ETF	3.69%	4.52%
QTAC Q3 All-Season Tactical Advantage ETF	0.05%	0.05%

Frequently Asked Questions

Can I hold both ASGM and QTAC in my portfolio?

ASGM and QTAC have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ASGM or QTAC?

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.

Which ETF is cheaper, ASGM or QTAC?

ASGM is cheaper with a 0.86% expense ratio, compared with 1.78% for QTAC.

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

ASGM has the higher dividend yield at 3.69%, compared with 0.05% for QTAC.

What is the main difference between ASGM and QTAC?

They also come from different issuers: Virtus and Q3 Asset Management. Their fees differ too: 0.86% for ASGM and 1.78% for QTAC.