ASMF vs. VWID

Last updated Apr 1, 2026

Compare and contrast key facts about Virtus AlphaSimplex Managed Futures ETF (ASMF) and Virtus WMC International Dividend ETF (VWID).

ASMF and VWID are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ASMF is an actively managed fund by Virtus. It was launched on May 15, 2024. VWID is a passively managed fund by Virtus that tracks the performance of the MSCI World ex USA Value Index (net). It was launched on Oct 10, 2017.

Performance

ASMF vs. VWID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus AlphaSimplex Managed Futures ETF (ASMF) and Virtus WMC International Dividend ETF (VWID). The values are adjusted to include any dividend payments, if applicable.

ASMF vs. VWID - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ASMF Virtus AlphaSimplex Managed Futures ETF	5.61%	1.16%	-3.56%
VWID Virtus WMC International Dividend ETF	4.35%	41.70%	-1.13%

Returns By Period

In the year-to-date period, ASMF achieves a 5.61% return, which is significantly higher than VWID's 4.35% return.

ASMF

• 1D: 0.95%
• 1M: -4.12%
• YTD: 5.61%
• 6M: 9.20%
• 1Y: 9.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VWID

• 1D: 2.45%
• 1M: -5.25%
• YTD: 4.35%
• 6M: 13.17%
• 1Y: 33.07%
• 3Y*: 18.73%
• 5Y*: 11.93%
• 10Y*: —

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

ASMF vs. VWID - Expense Ratio Comparison

ASMF has a 0.80% expense ratio, which is higher than VWID's 0.49% expense ratio.

ASMF

Virtus AlphaSimplex Managed Futures ETF

VWID

Virtus WMC International Dividend ETF

Return for Risk

ASMF vs. VWID — Risk / Return Rank

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

ASMF

ASMF Risk / Return Rank: 44
ASMF Sharpe Ratio Rank: 41
ASMF Sortino Ratio Rank: 39
ASMF Omega Ratio Rank: 36
ASMF Calmar Ratio Rank: 65
ASMF Martin Ratio Rank: 40

VWID

VWID Risk / Return Rank: 92
VWID Sharpe Ratio Rank: 91
VWID Sortino Ratio Rank: 93
VWID Omega Ratio Rank: 93
VWID Calmar Ratio Rank: 90
VWID Martin Ratio Rank: 93

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.

ASMF vs. VWID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus AlphaSimplex Managed Futures ETF (ASMF) and Virtus WMC International Dividend ETF (VWID). 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.

	ASMF	VWID	Difference
Sharpe ratio Return per unit of total volatility	0.79	2.08	-1.29
Sortino ratio Return per unit of downside risk	1.14	2.83	-1.69
Omega ratio Gain probability vs. loss probability	1.15	1.42	-0.27
Calmar ratio Return relative to maximum drawdown	1.70	3.11	-1.41
Martin ratio Return relative to average drawdown	3.75	13.26	-9.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ASMF vs. VWID - Sharpe Ratio Comparison

The current ASMF Sharpe Ratio is 0.79, which is lower than the VWID Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of ASMF and VWID, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ASMF	VWID	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.79	2.08	-1.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.84	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.62	-0.48

Correlation

The correlation between ASMF and VWID is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ASMF vs. VWID - Dividend Comparison

ASMF's dividend yield for the trailing twelve months is around 0.20%, less than VWID's 4.70% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ASMF Virtus AlphaSimplex Managed Futures ETF	0.20%	0.22%	1.66%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VWID Virtus WMC International Dividend ETF	4.70%	4.86%	4.48%	4.97%	5.73%	10.70%	4.71%	1.99%	4.55%	0.74%

Drawdowns

ASMF vs. VWID - Drawdown Comparison

The maximum ASMF drawdown since its inception was -15.31%, smaller than the maximum VWID drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for ASMF and VWID.

Drawdown Indicators

	ASMF	VWID	Difference
Max Drawdown Largest peak-to-trough decline	-15.31%	-34.64%	+19.33%
Max Drawdown (1Y) Largest decline over 1 year	-5.31%	-10.38%	+5.07%
Max Drawdown (5Y) Largest decline over 5 years	—	-24.30%	—
Current Drawdown Current decline from peak	-4.12%	-5.25%	+1.13%
Average Drawdown Average peak-to-trough decline	-8.10%	-4.74%	-3.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.54%	2.43%	+0.11%

Volatility

ASMF vs. VWID - Volatility Comparison

The current volatility for Virtus AlphaSimplex Managed Futures ETF (ASMF) is 4.65%, while Virtus WMC International Dividend ETF (VWID) has a volatility of 6.66%. This indicates that ASMF experiences smaller price fluctuations and is considered to be less risky than VWID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASMF	VWID	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.65%	6.66%	-2.01%
Volatility (6M) Calculated over the trailing 6-month period	9.90%	10.07%	-0.17%
Volatility (1Y) Calculated over the trailing 1-year period	11.80%	16.00%	-4.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.21%	14.25%	-3.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.21%	16.54%	-5.33%