BSR vs. ASGM

Last updated Jun 24, 2026

BSR (Beacon Selective Risk ETF) and ASGM (Virtus AlphaSimplex Global Macro ETF) are both Tactical Allocation funds. BSR is passively managed, while ASGM is actively managed. A 0.72 correlation means they provide meaningful diversification when combined. BSR charges 1.10%/yr vs 0.86%/yr for ASGM.

Performance

BSR vs. ASGM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Beacon Selective Risk ETF (BSR) and Virtus AlphaSimplex Global Macro ETF (ASGM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSR achieves a 2.77% return, which is significantly lower than ASGM's 17.56% return.

BSR

• 1D: -0.10%
• 1M: -0.29%
• YTD: 2.77%
• 6M: 2.04%
• 1Y: 10.43%
• 3Y*: 7.09%
• 5Y*: —
• 10Y*: —

ASGM

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

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

BSR vs. ASGM - Yearly Performance Comparison

	2026 (YTD)	2025
BSR Beacon Selective Risk ETF	2.77%	4.37%
ASGM Virtus AlphaSimplex Global Macro ETF	17.56%	11.08%

Correlation

The correlation between BSR and ASGM is 0.72, 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 5, 2025	0.72

Return for Risk

BSR vs. ASGM — Risk / Return Rank

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

BSR

BSR Risk / Return Rank: 35
BSR Sharpe Ratio Rank: 36
BSR Sortino Ratio Rank: 34
BSR Omega Ratio Rank: 34
BSR Calmar Ratio Rank: 37
BSR Martin Ratio Rank: 33

ASGM

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

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.

BSR vs. ASGM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Beacon Selective Risk ETF (BSR) and Virtus AlphaSimplex Global Macro ETF (ASGM). 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.

	BSR	ASGM	Difference
Sharpe ratio: Return per unit of total volatility	1.19	—	—
Sortino ratio: Return per unit of downside risk	1.67	—	—
Omega ratio: Gain probability vs. loss probability	1.21	—	—
Calmar ratio: Return relative to maximum drawdown	1.70	—	—
Martin ratio: Return relative to average drawdown	4.57	—	—

Drawdowns

BSR vs. ASGM - Drawdown Comparison

The maximum BSR drawdown since its inception was -15.68%, which is greater than ASGM's maximum drawdown of -6.62%. Use the drawdown chart below to compare losses from any high point for BSR and ASGM.

Drawdown Indicators

	BSR	ASGM	Difference
Max Drawdown Largest peak-to-trough decline	-15.68%	-6.62%	-9.06%
Max Drawdown (1Y) Largest decline over 1 year	-6.15%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.68%	—	—
Current Drawdown Current decline from peak	-4.99%	-4.56%	-0.43%
Average Drawdown Average peak-to-trough decline	-4.58%	-1.34%	-3.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.29%	—	—

Volatility

Volatility by Period

	BSR	ASGM	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.41%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.79%	17.01%	-8.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.17%	17.01%	-0.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.17%	17.01%	-0.84%

BSR vs. ASGM - Expense Ratio Comparison

BSR has a 1.10% expense ratio, which is higher than ASGM's 0.86% expense ratio.

Dividends

BSR vs. ASGM - Dividend Comparison

BSR's dividend yield for the trailing twelve months is around 2.82%, less than ASGM's 3.84% yield.

Position	TTM	2025	2024	2023
ASGM Virtus AlphaSimplex Global Macro ETF	3.84%	4.52%	0.00%	0.00%
BSR Beacon Selective Risk ETF	2.82%	2.89%	0.89%	1.08%

Frequently Asked Questions

Can I hold both BSR and ASGM in my portfolio?

BSR and ASGM have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BSR or ASGM?

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, BSR or ASGM?

ASGM is cheaper with a 0.86% expense ratio, compared with 1.10% for BSR.

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

ASGM has the higher dividend yield at 3.84%, compared with 2.82% for BSR.

What is the main difference between BSR and ASGM?

They also come from different issuers: American Beacon and Virtus. Their fees differ too: 1.10% for BSR and 0.86% for ASGM.