LOTI vs. ASGM

Last updated Jun 5, 2026

LOTI (Liberty One Tactical Income ETF) and ASGM (Virtus AlphaSimplex Global Macro ETF) are both Tactical Allocation funds. Both are actively managed. At a 0.21 correlation, their price movements are largely independent. LOTI charges 1.01%/yr vs 0.86%/yr for ASGM.

Performance

LOTI vs. ASGM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Liberty One Tactical Income ETF (LOTI) 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, LOTI achieves a 2.94% return, which is significantly lower than ASGM's 22.28% return.

LOTI

• 1D: 0.30%
• 1M: -0.27%
• YTD: 2.94%
• 6M: 2.73%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ASGM

• 1D: -0.20%
• 1M: 6.11%
• YTD: 22.28%
• 6M: 24.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LOTI vs. ASGM - Yearly Performance Comparison

	2026 (YTD)	2025
LOTI Liberty One Tactical Income ETF	2.94%	0.44%
ASGM Virtus AlphaSimplex Global Macro ETF	22.28%	3.45%

Correlation

The correlation between LOTI and ASGM is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.21

Return for Risk

LOTI vs. ASGM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Liberty One Tactical Income ETF (LOTI) 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.

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

Sharpe Ratios by Period

	LOTI	ASGM	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.90	2.91	-2.01

Drawdowns

LOTI vs. ASGM - Drawdown Comparison

The maximum LOTI drawdown since its inception was -4.42%, smaller than the maximum ASGM drawdown of -6.62%. Use the drawdown chart below to compare losses from any high point for LOTI and ASGM.

Drawdown Indicators

	LOTI	ASGM	Difference
Max Drawdown Largest peak-to-trough decline	-4.42%	-6.62%	+2.20%
Current Drawdown Current decline from peak	-2.23%	-0.73%	-1.50%
Average Drawdown Average peak-to-trough decline	-1.34%	-1.22%	-0.12%

Volatility

Volatility by Period

	LOTI	ASGM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	5.67%	15.63%	-9.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.67%	15.63%	-9.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.67%	15.63%	-9.96%

LOTI vs. ASGM - Expense Ratio Comparison

LOTI has a 1.01% expense ratio, which is higher than ASGM's 0.86% expense ratio.

Dividends

LOTI vs. ASGM - Dividend Comparison

LOTI's dividend yield for the trailing twelve months is around 1.33%, less than ASGM's 3.70% yield.

Position	TTM	2025
ASGM Virtus AlphaSimplex Global Macro ETF	3.70%	4.52%
LOTI Liberty One Tactical Income ETF	1.33%	0.45%

Frequently Asked Questions

Can I hold both LOTI and ASGM in my portfolio?

LOTI and ASGM have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LOTI 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, LOTI or ASGM?

ASGM is cheaper with a 0.86% expense ratio, compared with 1.01% for LOTI.

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

ASGM has the higher dividend yield at 3.70%, compared with 1.33% for LOTI.

What is the main difference between LOTI and ASGM?

They also come from different issuers: Liberty One and Virtus. Their fees differ too: 1.01% for LOTI and 0.86% for ASGM.