MOOD vs. ASGM

Last updated Jun 4, 2026

MOOD (Relative Sentiment Tactical Allocation ETF) and ASGM (Virtus AlphaSimplex Global Macro ETF) are both Tactical Allocation funds. Both are actively managed. Their correlation of 0.82 suggests significant overlap in exposure. MOOD charges 0.68%/yr vs 0.86%/yr for ASGM.

Performance

MOOD vs. ASGM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Relative Sentiment Tactical Allocation ETF (MOOD) 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, MOOD achieves a 14.40% return, which is significantly lower than ASGM's 22.52% return.

MOOD

• 1D: -0.58%
• 1M: 3.67%
• YTD: 14.40%
• 6M: 16.67%
• 1Y: 36.14%
• 3Y*: 20.58%
• 5Y*: —
• 10Y*: —

ASGM

• 1D: -0.53%
• 1M: 7.21%
• YTD: 22.52%
• 6M: 24.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MOOD vs. ASGM - Yearly Performance Comparison

	2026 (YTD)	2025
MOOD Relative Sentiment Tactical Allocation ETF	14.40%	15.15%
ASGM Virtus AlphaSimplex Global Macro ETF	22.52%	11.57%

Correlation

The correlation between MOOD and ASGM is 0.82, 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 Aug 6, 2025	0.82

Return for Risk

MOOD vs. ASGM — Risk / Return Rank

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

MOOD

MOOD Risk / Return Rank: 72
MOOD Sharpe Ratio Rank: 78
MOOD Sortino Ratio Rank: 64
MOOD Omega Ratio Rank: 83
MOOD Calmar Ratio Rank: 74
MOOD Martin Ratio Rank: 63

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.

MOOD vs. ASGM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Relative Sentiment Tactical Allocation ETF (MOOD) 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.

	MOOD	ASGM	Difference
Sharpe ratio: Return per unit of total volatility	2.57	—	—
Sortino ratio: Return per unit of downside risk	3.01	—	—
Omega ratio: Gain probability vs. loss probability	1.51	—	—
Calmar ratio: Return relative to maximum drawdown	3.74	—	—
Martin ratio: Return relative to average drawdown	11.60	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MOOD	ASGM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.57	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.35	2.95	-1.59

Drawdowns

MOOD vs. ASGM - Drawdown Comparison

The maximum MOOD drawdown since its inception was -14.34%, which is greater than ASGM's maximum drawdown of -6.62%. Use the drawdown chart below to compare losses from any high point for MOOD and ASGM.

Drawdown Indicators

	MOOD	ASGM	Difference
Max Drawdown Largest peak-to-trough decline	-14.34%	-6.62%	-7.72%
Max Drawdown (1Y) Largest decline over 1 year	-9.71%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-9.71%	—	—
Current Drawdown Current decline from peak	-0.61%	-0.53%	-0.08%
Average Drawdown Average peak-to-trough decline	-2.32%	-1.22%	-1.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.12%	—	—

Volatility

Volatility by Period

	MOOD	ASGM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.22%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.32%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.11%	15.67%	-1.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.07%	15.67%	-3.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.07%	15.67%	-3.60%

MOOD vs. ASGM - Expense Ratio Comparison

MOOD has a 0.68% expense ratio, which is lower than ASGM's 0.86% expense ratio.

Dividends

MOOD vs. ASGM - Dividend Comparison

MOOD's dividend yield for the trailing twelve months is around 0.35%, less than ASGM's 3.69% yield.

Position	TTM	2025	2024	2023	2022
ASGM Virtus AlphaSimplex Global Macro ETF	3.69%	4.52%	0.00%	0.00%	0.00%
MOOD Relative Sentiment Tactical Allocation ETF	0.35%	0.40%	1.33%	1.34%	1.43%

Frequently Asked Questions

Can I hold both MOOD and ASGM in my portfolio?

MOOD and ASGM have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MOOD or ASGM?

On fees, MOOD is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MOOD or ASGM?

MOOD is cheaper with a 0.68% expense ratio, compared with 0.86% for ASGM.

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

ASGM has the higher dividend yield at 3.69%, compared with 0.35% for MOOD.

What is the main difference between MOOD and ASGM?

They also come from different issuers: Relative Sentiment and Virtus. Their fees differ too: 0.68% for MOOD and 0.86% for ASGM.