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. A 0.74 correlation means they provide meaningful diversification when combined. 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
- -1.85%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ASMF
- 1D
- -1.67%
- 1M
- -1.93%
- YTD
- 7.12%
- 6M
- 6.84%
- 1Y
- 15.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JPFP vs. ASMF - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
JPFP JPMorgan Managed Futures Plus ETF | -2.76% |
ASMF Virtus AlphaSimplex Managed Futures ETF | -1.00% |
Correlation
The correlation between JPFP and ASMF is 0.74, 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 May 28, 2026 | 0.74 |
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Return for Risk
JPFP vs. ASMF — Risk / Return Rank
JPFP
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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.
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.
| JPFP | ASMF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.25 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.13 | — |
| Martin ratioReturn relative to average drawdown | — | 7.86 | — |
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Drawdowns
JPFP vs. ASMF - Drawdown Comparison
The maximum JPFP drawdown since its inception was -5.82%, 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 | -5.82% | -15.31% | +9.49% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.02% | — |
Current DrawdownCurrent decline from peak | -4.53% | -3.39% | -1.14% |
Average DrawdownAverage peak-to-trough decline | -2.33% | -7.48% | +5.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.99% | — |
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 | — | 3.45% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.75% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 22.47% | 11.53% | +10.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.47% | 11.04% | +11.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.47% | 11.04% | +11.43% |
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 0.74, 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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