JPFP vs. ASMF
JPFP (JPMorgan Managed Futures Plus ETF) and ASMF (Virtus AlphaSimplex Managed Futures ETF) are both Systematic Trend funds. Both are actively managed. Their correlation of 0.80 suggests significant overlap in exposure. JPFP charges 0.59%/yr vs 0.80%/yr for ASMF.
Performance
JPFP vs. ASMF - Performance Comparison
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Returns By Period
JPFP
- 1D
- -0.76%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ASMF
- 1D
- 0.01%
- 1M
- 1.73%
- YTD
- 9.39%
- 6M
- 11.45%
- 1Y
- 17.16%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JPFP vs. ASMF - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
JPFP JPMorgan Managed Futures Plus ETF | 1.07% |
ASMF Virtus AlphaSimplex Managed Futures ETF | 1.37% |
Correlation
The correlation between JPFP and ASMF is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 29, 2026 | 0.80 |
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Return for Risk
JPFP vs. ASMF — Risk / Return Rank
JPFP
ASMF
JPFP vs. ASMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Managed Futures Plus ETF (JPFP) 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.
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Sharpe Ratios by Period
| JPFP | ASMF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 9.75 | 0.30 | +9.45 |
Drawdowns
JPFP vs. ASMF - Drawdown Comparison
The maximum JPFP drawdown since its inception was -0.76%, smaller than the maximum ASMF drawdown of -15.31%. Use the drawdown chart below to compare losses from any high point for JPFP and ASMF.
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Drawdown Indicators
| JPFP | ASMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.76% | -15.31% | +14.55% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.02% | — |
Current DrawdownCurrent decline from peak | -0.76% | -1.34% | +0.58% |
Average DrawdownAverage peak-to-trough decline | -0.19% | -7.61% | +7.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.90% | — |
Volatility
JPFP vs. ASMF - Volatility Comparison
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Volatility by Period
| JPFP | ASMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.59% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.28% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 11.39% | 11.16% | +0.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.39% | 10.97% | +0.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.39% | 10.97% | +0.42% |
JPFP vs. ASMF - Expense Ratio Comparison
JPFP has a 0.59% expense ratio, which is lower than ASMF's 0.80% expense ratio.
Dividends
JPFP vs. ASMF - Dividend Comparison
JPFP has not paid dividends to shareholders, while ASMF's dividend yield for the trailing twelve months is around 0.20%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
ASMF Virtus AlphaSimplex Managed Futures ETF | 0.20% | 0.22% | 1.66% |
JPFP JPMorgan Managed Futures Plus ETF | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JPFP and ASMF have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JPFP is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JPFP is cheaper with a 0.59% expense ratio, compared with 0.80% for ASMF.
ASMF has the higher dividend yield at 0.20%, compared with 0.00% for JPFP.
They also come from different issuers: JPMorgan and Virtus. Their fees differ too: 0.59% for JPFP and 0.80% for ASMF.
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