SDCP vs. ASGM
SDCP (Virtus Newfleet Short Duration Core Plus Bond ETF) and ASGM (Virtus AlphaSimplex Global Macro ETF) are both exchange-traded funds - SDCP is a Short-Term Bond fund actively managed by Virtus, while ASGM is a Tactical Allocation fund actively managed by Virtus. Both are actively managed. At a 0.30 correlation, their price movements are largely independent. SDCP charges 0.35%/yr vs 0.86%/yr for ASGM.
Performance
SDCP vs. ASGM - Performance Comparison
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Returns By Period
In the year-to-date period, SDCP achieves a 1.25% return, which is significantly lower than ASGM's 17.56% return.
SDCP
- 1D
- -0.00%
- 1M
- 0.32%
- YTD
- 1.25%
- 6M
- 1.45%
- 1Y
- 4.00%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ASGM
- 1D
- -2.93%
- 1M
- -1.26%
- YTD
- 17.56%
- 6M
- 17.07%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SDCP vs. ASGM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SDCP Virtus Newfleet Short Duration Core Plus Bond ETF | 1.25% | 1.74% |
ASGM Virtus AlphaSimplex Global Macro ETF | 17.56% | 11.08% |
Correlation
The correlation between SDCP and ASGM is 0.30, 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 Aug 5, 2025 | 0.31 |
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Return for Risk
SDCP vs. ASGM — Risk / Return Rank
SDCP
ASGM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SDCP vs. ASGM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP) 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.
| SDCP | ASGM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.72 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.87 | — | — |
| Martin ratioReturn relative to average drawdown | 18.28 | — | — |
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Drawdowns
SDCP vs. ASGM - Drawdown Comparison
The maximum SDCP drawdown since its inception was -1.00%, smaller than the maximum ASGM drawdown of -6.62%. Use the drawdown chart below to compare losses from any high point for SDCP and ASGM.
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Drawdown Indicators
| SDCP | ASGM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.00% | -6.62% | +5.62% |
Max Drawdown (1Y)Largest decline over 1 year | -0.82% | — | — |
Current DrawdownCurrent decline from peak | -0.11% | -4.56% | +4.45% |
Average DrawdownAverage peak-to-trough decline | -0.18% | -1.34% | +1.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.22% | — | — |
Volatility
SDCP vs. ASGM - Volatility Comparison
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Volatility by Period
| SDCP | ASGM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.26% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 0.79% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.33% | 17.01% | -15.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.02% | 17.01% | -14.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.02% | 17.01% | -14.99% |
SDCP vs. ASGM - Expense Ratio Comparison
SDCP has a 0.35% expense ratio, which is lower than ASGM's 0.86% expense ratio.
Dividends
SDCP vs. ASGM - Dividend Comparison
SDCP's dividend yield for the trailing twelve months is around 5.22%, more than ASGM's 3.84% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
ASGM Virtus AlphaSimplex Global Macro ETF | 3.84% | 4.52% | 0.00% | 0.00% |
SDCP Virtus Newfleet Short Duration Core Plus Bond ETF | 5.22% | 5.16% | 5.25% | 0.59% |
Frequently Asked Questions
SDCP and ASGM have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SDCP is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SDCP is cheaper with a 0.35% expense ratio, compared with 0.86% for ASGM.
SDCP has the higher dividend yield at 5.22%, compared with 3.84% for ASGM.
SDCP is categorized as Short-Term Bond, while ASGM is Tactical Allocation. Their fees differ too: 0.35% for SDCP and 0.86% for ASGM.
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