TBFG vs. ASGM

Last updated Jun 4, 2026

TBFG (The Brinsmere Fund - Growth ETF) and ASGM (Virtus AlphaSimplex Global Macro ETF) are both Tactical Allocation funds. Both are actively managed. Their correlation of 0.90 suggests significant overlap in exposure. TBFG charges 0.42%/yr vs 0.86%/yr for ASGM.

Performance

TBFG vs. ASGM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Brinsmere Fund - Growth ETF (TBFG) 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, TBFG achieves a 10.35% return, which is significantly lower than ASGM's 22.52% return.

TBFG

• 1D: -0.36%
• 1M: 4.39%
• YTD: 10.35%
• 6M: 11.14%
• 1Y: 24.53%
• 3Y*: —
• 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)

TBFG vs. ASGM - Yearly Performance Comparison

	2026 (YTD)	2025
TBFG The Brinsmere Fund - Growth ETF	10.35%	8.33%
ASGM Virtus AlphaSimplex Global Macro ETF	22.52%	11.57%

Correlation

The correlation between TBFG and ASGM is 0.90, 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	0.90

Return for Risk

TBFG vs. ASGM — Risk / Return Rank

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

TBFG

TBFG Risk / Return Rank: 75
TBFG Sharpe Ratio Rank: 78
TBFG Sortino Ratio Rank: 79
TBFG Omega Ratio Rank: 79
TBFG Calmar Ratio Rank: 65
TBFG Martin Ratio Rank: 74

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.

TBFG vs. ASGM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Brinsmere Fund - Growth ETF (TBFG) 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.

	TBFG	ASGM	Difference
Sharpe ratio Return per unit of total volatility	2.53	—	—
Sortino ratio Return per unit of downside risk	3.54	—	—
Omega ratio Gain probability vs. loss probability	1.47	—	—
Calmar ratio Return relative to maximum drawdown	3.23	—	—
Martin ratio Return relative to average drawdown	13.95	—	—
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

	TBFG	ASGM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.53	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.38	2.95	-1.56

Drawdowns

TBFG vs. ASGM - Drawdown Comparison

The maximum TBFG drawdown since its inception was -13.43%, which is greater than ASGM's maximum drawdown of -6.62%. Use the drawdown chart below to compare losses from any high point for TBFG and ASGM.

Drawdown Indicators

	TBFG	ASGM	Difference
Max Drawdown Largest peak-to-trough decline	-13.43%	-6.62%	-6.81%
Max Drawdown (1Y) Largest decline over 1 year	-7.63%	—	—
Current Drawdown Current decline from peak	-0.36%	-0.53%	+0.17%
Average Drawdown Average peak-to-trough decline	-1.63%	-1.22%	-0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.76%	—	—

Volatility

Volatility by Period

	TBFG	ASGM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.00%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.00%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.73%	15.67%	-5.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.95%	15.67%	-4.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.95%	15.67%	-4.72%

TBFG vs. ASGM - Expense Ratio Comparison

TBFG has a 0.42% expense ratio, which is lower than ASGM's 0.86% expense ratio.

Dividends

TBFG vs. ASGM - Dividend Comparison

TBFG's dividend yield for the trailing twelve months is around 2.35%, less than ASGM's 3.69% yield.

Position	TTM	2025	2024
ASGM Virtus AlphaSimplex Global Macro ETF	3.69%	4.52%	0.00%
TBFG The Brinsmere Fund - Growth ETF	2.35%	2.65%	2.43%

Frequently Asked Questions

Can I hold both TBFG and ASGM in my portfolio?

With a correlation of 0.90, TBFG and ASGM move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, TBFG or ASGM?

On fees, TBFG is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TBFG or ASGM?

TBFG is cheaper with a 0.42% expense ratio, compared with 0.86% for ASGM.

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

ASGM has the higher dividend yield at 3.69%, compared with 2.35% for TBFG.

What is the main difference between TBFG and ASGM?

They also come from different issuers: The Brinsmere Funds and Virtus. Their fees differ too: 0.42% for TBFG and 0.86% for ASGM.