HFMF vs. ASMF
Compare and contrast key facts about Unlimited HFMF Managed Futures ETF (HFMF) and Virtus AlphaSimplex Managed Futures ETF (ASMF).
HFMF and ASMF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HFMF is an actively managed fund by Unlimited. It was launched on Jul 14, 2025. ASMF is an actively managed fund by Virtus. It was launched on May 15, 2024.
Performance
HFMF vs. ASMF - Performance Comparison
Loading graphics...
HFMF vs. ASMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HFMF Unlimited HFMF Managed Futures ETF | 11.75% | 6.34% |
ASMF Virtus AlphaSimplex Managed Futures ETF | 5.61% | 6.81% |
Returns By Period
In the year-to-date period, HFMF achieves a 11.75% return, which is significantly higher than ASMF's 5.61% return.
HFMF
- 1D
- 1.40%
- 1M
- -1.69%
- YTD
- 11.75%
- 6M
- 12.93%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ASMF
- 1D
- 0.95%
- 1M
- -4.12%
- YTD
- 5.61%
- 6M
- 9.20%
- 1Y
- 9.29%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HFMF vs. ASMF - Expense Ratio Comparison
HFMF has a 0.97% expense ratio, which is higher than ASMF's 0.80% expense ratio.
Return for Risk
HFMF vs. ASMF — Risk / Return Rank
HFMF
ASMF
HFMF vs. ASMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Unlimited HFMF Managed Futures ETF (HFMF) and Virtus AlphaSimplex Managed Futures ETF (ASMF). 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.
Loading graphics...
Sharpe Ratios by Period
| HFMF | ASMF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.79 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.56 | 0.14 | +1.42 |
Correlation
The correlation between HFMF and ASMF is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
HFMF vs. ASMF - Dividend Comparison
HFMF's dividend yield for the trailing twelve months is around 2.66%, more than ASMF's 0.20% yield.
| TTM | 2025 | 2024 | |
|---|---|---|---|
HFMF Unlimited HFMF Managed Futures ETF | 2.66% | 2.97% | 0.00% |
ASMF Virtus AlphaSimplex Managed Futures ETF | 0.20% | 0.22% | 1.66% |
Drawdowns
HFMF vs. ASMF - Drawdown Comparison
The maximum HFMF drawdown since its inception was -7.77%, smaller than the maximum ASMF drawdown of -15.31%. Use the drawdown chart below to compare losses from any high point for HFMF and ASMF.
Loading graphics...
Drawdown Indicators
| HFMF | ASMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.77% | -15.31% | +7.54% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.31% | — |
Current DrawdownCurrent decline from peak | -6.48% | -4.12% | -2.36% |
Average DrawdownAverage peak-to-trough decline | -1.70% | -8.10% | +6.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.54% | — |
Volatility
HFMF vs. ASMF - Volatility Comparison
Loading graphics...
Volatility by Period
| HFMF | ASMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.65% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.90% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.66% | 11.80% | +5.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.66% | 11.21% | +6.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.66% | 11.21% | +6.45% |