ASGM vs. TBFG

Last updated Jun 24, 2026

ASGM (Virtus AlphaSimplex Global Macro ETF) and TBFG (The Brinsmere Fund - Growth ETF) are both Tactical Allocation funds. Both are actively managed. Their correlation of 0.91 suggests significant overlap in exposure. ASGM charges 0.86%/yr vs 0.42%/yr for TBFG.

Performance

ASGM vs. TBFG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus AlphaSimplex Global Macro ETF (ASGM) and The Brinsmere Fund - Growth ETF (TBFG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASGM achieves a 17.56% return, which is significantly higher than TBFG's 8.68% return.

ASGM

• 1D: -2.93%
• 1M: -1.26%
• YTD: 17.56%
• 6M: 17.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TBFG

• 1D: -1.55%
• 1M: 0.04%
• YTD: 8.68%
• 6M: 8.23%
• 1Y: 21.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ASGM vs. TBFG - Yearly Performance Comparison

	2026 (YTD)	2025
ASGM Virtus AlphaSimplex Global Macro ETF	17.56%	11.08%
TBFG The Brinsmere Fund - Growth ETF	8.68%	8.27%

Correlation

The correlation between ASGM and TBFG is 0.91, 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	0.91

Return for Risk

ASGM vs. TBFG — Risk / Return Rank

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

ASGM

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

TBFG

TBFG Risk / Return Rank: 67
TBFG Sharpe Ratio Rank: 68
TBFG Sortino Ratio Rank: 67
TBFG Omega Ratio Rank: 70
TBFG Calmar Ratio Rank: 61
TBFG Martin Ratio Rank: 69

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.

ASGM vs. TBFG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus AlphaSimplex Global Macro ETF (ASGM) and The Brinsmere Fund - Growth ETF (TBFG). 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.

	ASGM	TBFG	Difference
Sharpe ratio: Return per unit of total volatility	—	2.03	—
Sortino ratio: Return per unit of downside risk	—	2.81	—
Omega ratio: Gain probability vs. loss probability	—	1.38	—
Calmar ratio: Return relative to maximum drawdown	—	2.81	—
Martin ratio: Return relative to average drawdown	—	11.85	—

Drawdowns

ASGM vs. TBFG - Drawdown Comparison

The maximum ASGM drawdown since its inception was -6.62%, smaller than the maximum TBFG drawdown of -13.43%. Use the drawdown chart below to compare losses from any high point for ASGM and TBFG.

Drawdown Indicators

	ASGM	TBFG	Difference
Max Drawdown Largest peak-to-trough decline	-6.62%	-13.43%	+6.81%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.63%	—
Current Drawdown Current decline from peak	-4.56%	-1.87%	-2.69%
Average Drawdown Average peak-to-trough decline	-1.34%	-1.62%	+0.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.81%	—

Volatility

Volatility by Period

	ASGM	TBFG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.66%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.00%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.01%	10.55%	+6.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.01%	11.18%	+5.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.01%	11.18%	+5.83%

ASGM vs. TBFG - Expense Ratio Comparison

ASGM has a 0.86% expense ratio, which is higher than TBFG's 0.42% expense ratio.

Dividends

ASGM vs. TBFG - Dividend Comparison

ASGM's dividend yield for the trailing twelve months is around 3.84%, more than TBFG's 2.39% yield.

Position	TTM	2025	2024
ASGM Virtus AlphaSimplex Global Macro ETF	3.84%	4.52%	0.00%
TBFG The Brinsmere Fund - Growth ETF	2.39%	2.65%	2.43%

Frequently Asked Questions

Can I hold both ASGM and TBFG in my portfolio?

With a correlation of 0.91, ASGM and TBFG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, ASGM or TBFG?

On fees, TBFG is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ASGM or TBFG?

TBFG is cheaper with a 0.42% expense ratio, compared with 0.86% for ASGM.

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

ASGM has the higher dividend yield at 3.84%, compared with 2.39% for TBFG.

What is the main difference between ASGM and TBFG?

They also come from different issuers: Virtus and The Brinsmere Funds. Their fees differ too: 0.86% for ASGM and 0.42% for TBFG.