ASGM vs. TRTY

Last updated Jun 4, 2026

ASGM (Virtus AlphaSimplex Global Macro ETF) and TRTY (Cambria Trinity ETF) are both Tactical Allocation funds. ASGM is actively managed, while TRTY is passively managed. A 0.79 correlation means they provide meaningful diversification when combined. ASGM charges 0.86%/yr vs 0.44%/yr for TRTY.

Performance

ASGM vs. TRTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus AlphaSimplex Global Macro ETF (ASGM) and Cambria Trinity ETF (TRTY). 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 TRTY's 10.10% return.

ASGM

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

TRTY

• 1D: -0.42%
• 1M: 0.96%
• YTD: 10.10%
• 6M: 11.29%
• 1Y: 23.79%
• 3Y*: 11.86%
• 5Y*: 5.91%
• 10Y*: —

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

ASGM vs. TRTY - Yearly Performance Comparison

	2026 (YTD)	2025
ASGM Virtus AlphaSimplex Global Macro ETF	22.52%	11.57%
TRTY Cambria Trinity ETF	10.10%	9.27%

Correlation

The correlation between ASGM and TRTY is 0.79, 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 Aug 6, 2025	0.79

Return for Risk

ASGM vs. TRTY — Risk / Return Rank

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

TRTY

TRTY Risk / Return Rank: 79
TRTY Sharpe Ratio Rank: 76
TRTY Sortino Ratio Rank: 68
TRTY Omega Ratio Rank: 83
TRTY Calmar Ratio Rank: 82
TRTY Martin Ratio Rank: 85

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. TRTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus AlphaSimplex Global Macro ETF (ASGM) and Cambria Trinity ETF (TRTY). 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	TRTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.50	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.95	0.61	+2.33

Drawdowns

ASGM vs. TRTY - Drawdown Comparison

The maximum ASGM drawdown since its inception was -6.62%, smaller than the maximum TRTY drawdown of -22.35%. Use the drawdown chart below to compare losses from any high point for ASGM and TRTY.

Drawdown Indicators

	ASGM	TRTY	Difference
Max Drawdown Largest peak-to-trough decline	-6.62%	-22.35%	+15.73%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.49%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-9.25%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.72%	—
Current Drawdown Current decline from peak	-0.53%	-0.62%	+0.09%
Average Drawdown Average peak-to-trough decline	-1.22%	-4.17%	+2.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.33%	—

Volatility

Volatility by Period

	ASGM	TRTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.35%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.25%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.67%	9.54%	+6.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.67%	10.62%	+5.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.67%	10.41%	+5.26%

ASGM vs. TRTY - Expense Ratio Comparison

ASGM has a 0.86% expense ratio, which is higher than TRTY's 0.44% expense ratio.

Dividends

ASGM vs. TRTY - Dividend Comparison

ASGM's dividend yield for the trailing twelve months is around 3.69%, more than TRTY's 3.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
ASGM Virtus AlphaSimplex Global Macro ETF	3.69%	4.52%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TRTY Cambria Trinity ETF	3.01%	2.86%	3.55%	3.24%	5.17%	4.52%	1.99%	2.64%	1.07%

Frequently Asked Questions

Can I hold both ASGM and TRTY in my portfolio?

ASGM and TRTY have a correlation of 0.79, 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 TRTY?

On fees, TRTY is cheaper at 0.44% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ASGM or TRTY?

TRTY is cheaper with a 0.44% expense ratio, compared with 0.86% for ASGM.

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

ASGM has the higher dividend yield at 3.69%, compared with 3.01% for TRTY.

What is the main difference between ASGM and TRTY?

They also come from different issuers: Virtus and Cambria. Their fees differ too: 0.86% for ASGM and 0.44% for TRTY.