RHRX vs. ASGM

Last updated Jun 24, 2026

RHRX (RH Tactical Rotation ETF) and ASGM (Virtus AlphaSimplex Global Macro ETF) are both Tactical Allocation funds. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure. RHRX charges 1.36%/yr vs 0.86%/yr for ASGM.

Performance

RHRX vs. ASGM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RH Tactical Rotation ETF (RHRX) and Virtus AlphaSimplex Global Macro ETF (ASGM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with RHRX having a 18.02% return and ASGM slightly lower at 17.56%.

RHRX

• 1D: -2.79%
• 1M: 0.50%
• YTD: 18.02%
• 6M: 17.04%
• 1Y: 35.22%
• 3Y*: 21.00%
• 5Y*: —
• 10Y*: —

ASGM

• 1D: -2.93%
• 1M: -1.26%
• YTD: 17.56%
• 6M: 17.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RHRX vs. ASGM - Yearly Performance Comparison

	2026 (YTD)	2025
RHRX RH Tactical Rotation ETF	18.02%	9.56%
ASGM Virtus AlphaSimplex Global Macro ETF	17.56%	11.08%

Correlation

The correlation between RHRX and ASGM is 0.83, 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 5, 2025	0.83

Return for Risk

RHRX vs. ASGM — Risk / Return Rank

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

RHRX

RHRX Risk / Return Rank: 85
RHRX Sharpe Ratio Rank: 84
RHRX Sortino Ratio Rank: 81
RHRX Omega Ratio Rank: 80
RHRX Calmar Ratio Rank: 90
RHRX Martin Ratio Rank: 90

ASGM

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

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.

RHRX vs. ASGM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RH Tactical Rotation ETF (RHRX) 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.

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.

	RHRX	ASGM	Difference
Sharpe ratio: Return per unit of total volatility	2.49	—	—
Sortino ratio: Return per unit of downside risk	3.31	—	—
Omega ratio: Gain probability vs. loss probability	1.44	—	—
Calmar ratio: Return relative to maximum drawdown	5.18	—	—
Martin ratio: Return relative to average drawdown	19.38	—	—

Drawdowns

RHRX vs. ASGM - Drawdown Comparison

The maximum RHRX drawdown since its inception was -25.33%, which is greater than ASGM's maximum drawdown of -6.62%. Use the drawdown chart below to compare losses from any high point for RHRX and ASGM.

Drawdown Indicators

	RHRX	ASGM	Difference
Max Drawdown Largest peak-to-trough decline	-25.33%	-6.62%	-18.71%
Max Drawdown (1Y) Largest decline over 1 year	-6.83%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.90%	—	—
Current Drawdown Current decline from peak	-3.34%	-4.56%	+1.22%
Average Drawdown Average peak-to-trough decline	-8.87%	-1.34%	-7.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.82%	—	—

Volatility

Volatility by Period

	RHRX	ASGM	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.49%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.22%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.24%	17.01%	-2.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.12%	17.01%	+2.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.12%	17.01%	+2.11%

RHRX vs. ASGM - Expense Ratio Comparison

RHRX has a 1.36% expense ratio, which is higher than ASGM's 0.86% expense ratio.

Dividends

RHRX vs. ASGM - Dividend Comparison

RHRX has not paid dividends to shareholders, while ASGM's dividend yield for the trailing twelve months is around 3.84%.

Position	TTM	2025
ASGM Virtus AlphaSimplex Global Macro ETF	3.84%	4.52%
RHRX RH Tactical Rotation ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both RHRX and ASGM in my portfolio?

RHRX and ASGM have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RHRX 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, RHRX or ASGM?

ASGM is cheaper with a 0.86% expense ratio, compared with 1.36% for RHRX.

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

ASGM has the higher dividend yield at 3.84%, compared with 0.00% for RHRX.

What is the main difference between RHRX and ASGM?

They also come from different issuers: Adaptive and Virtus. Their fees differ too: 1.36% for RHRX and 0.86% for ASGM.