ASGM vs. VDI

Last updated Jun 4, 2026

ASGM (Virtus AlphaSimplex Global Macro ETF) and VDI (Virtus International Dividend ETF) are both exchange-traded funds - ASGM is a Tactical Allocation fund actively managed by Virtus, while VDI is a Foreign Large Cap Equities fund actively managed by Virtus. Both are actively managed. A 0.76 correlation means they provide meaningful diversification when combined. ASGM charges 0.86%/yr vs 0.39%/yr for VDI.

Performance

ASGM vs. VDI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus AlphaSimplex Global Macro ETF (ASGM) and Virtus International Dividend ETF (VDI). 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 VDI's 13.41% return.

ASGM

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

VDI

• 1D: -0.70%
• 1M: 2.79%
• YTD: 13.41%
• 6M: 17.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ASGM vs. VDI - Yearly Performance Comparison

	2026 (YTD)	2025
ASGM Virtus AlphaSimplex Global Macro ETF	22.52%	1.26%
VDI Virtus International Dividend ETF	13.41%	3.17%

Correlation

The correlation between ASGM and VDI is 0.76, 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 4, 2025	0.76

Return for Risk

ASGM vs. VDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus AlphaSimplex Global Macro ETF (ASGM) and Virtus International Dividend ETF (VDI). 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	VDI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.95	2.33	+0.62

Drawdowns

ASGM vs. VDI - Drawdown Comparison

The maximum ASGM drawdown since its inception was -6.62%, smaller than the maximum VDI drawdown of -10.40%. Use the drawdown chart below to compare losses from any high point for ASGM and VDI.

Drawdown Indicators

	ASGM	VDI	Difference
Max Drawdown Largest peak-to-trough decline	-6.62%	-10.40%	+3.78%
Current Drawdown Current decline from peak	-0.53%	-0.71%	+0.18%
Average Drawdown Average peak-to-trough decline	-1.22%	-1.85%	+0.63%

Volatility

Volatility by Period

	ASGM	VDI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	15.67%	16.21%	-0.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.67%	16.21%	-0.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.67%	16.21%	-0.54%

ASGM vs. VDI - Expense Ratio Comparison

ASGM has a 0.86% expense ratio, which is higher than VDI's 0.39% expense ratio.

Dividends

ASGM vs. VDI - Dividend Comparison

ASGM's dividend yield for the trailing twelve months is around 3.69%, more than VDI's 0.62% yield.

Position	TTM	2025
ASGM Virtus AlphaSimplex Global Macro ETF	3.69%	4.52%
VDI Virtus International Dividend ETF	0.62%	0.00%

Frequently Asked Questions

Can I hold both ASGM and VDI in my portfolio?

ASGM and VDI have a correlation of 0.76, 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 VDI?

On fees, VDI is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ASGM or VDI?

VDI is cheaper with a 0.39% expense ratio, compared with 0.86% for ASGM.

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

ASGM has the higher dividend yield at 3.69%, compared with 0.62% for VDI.

What is the main difference between ASGM and VDI?

ASGM is categorized as Tactical Allocation, while VDI is Foreign Large Cap Equities. Their fees differ too: 0.86% for ASGM and 0.39% for VDI.