VGRO vs. ASGM

Last updated Jul 10, 2026

VGRO (Virtus Silvant Growth Opportunities ETF) and ASGM (Virtus AlphaSimplex Global Macro ETF) are both exchange-traded funds - VGRO is a Large Cap Growth Equities fund actively managed by Virtus, while ASGM is a Tactical Allocation fund actively managed by Virtus. Both are actively managed. A 0.72 correlation means they provide meaningful diversification when combined. VGRO charges 0.35%/yr vs 0.86%/yr for ASGM.

Performance

VGRO vs. ASGM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Silvant Growth Opportunities ETF (VGRO) 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, VGRO achieves a 2.80% return, which is significantly lower than ASGM's 17.07% return.

VGRO

• 1D: 0.81%
• 1M: 0.82%
• 6M: 3.19%
• YTD: 2.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ASGM

• 1D: 0.22%
• 1M: 0.03%
• 6M: 14.35%
• YTD: 17.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VGRO vs. ASGM - Yearly Performance Comparison

	2026 (YTD)	2025
VGRO Virtus Silvant Growth Opportunities ETF	2.80%	-0.88%
ASGM Virtus AlphaSimplex Global Macro ETF	17.07%	0.37%

Correlation

The correlation between VGRO and ASGM is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 23, 2025	0.72

Return for Risk

VGRO vs. ASGM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Silvant Growth Opportunities ETF (VGRO) 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.

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

Drawdowns

VGRO vs. ASGM - Drawdown Comparison

The maximum VGRO drawdown since its inception was -15.49%, which is greater than ASGM's maximum drawdown of -6.62%. Use the drawdown chart below to compare losses from any high point for VGRO and ASGM.

Drawdown Indicators

	VGRO	ASGM	Difference
Max Drawdown Largest peak-to-trough decline	-15.49%	-6.62%	-8.87%
Current Drawdown Current decline from peak	-5.01%	-4.96%	-0.05%
Average Drawdown Average peak-to-trough decline	-4.49%	-1.53%	-2.96%

Volatility

Volatility by Period

	VGRO	ASGM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.65%	16.92%	+2.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.65%	16.92%	+2.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.65%	16.92%	+2.73%

VGRO vs. ASGM - Expense Ratio Comparison

VGRO has a 0.35% expense ratio, which is lower than ASGM's 0.86% expense ratio.

Dividends

VGRO vs. ASGM - Dividend Comparison

VGRO has not paid dividends to shareholders, while ASGM's dividend yield for the trailing twelve months is around 3.86%.

Position	TTM	2025
ASGM Virtus AlphaSimplex Global Macro ETF	3.86%	4.52%
VGRO Virtus Silvant Growth Opportunities ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both VGRO and ASGM in my portfolio?

VGRO and ASGM have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VGRO or ASGM?

On fees, VGRO is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VGRO or ASGM?

VGRO is cheaper with a 0.35% expense ratio, compared with 0.86% for ASGM.

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

ASGM has the higher dividend yield at 3.86%, compared with 0.00% for VGRO.

What is the main difference between VGRO and ASGM?

VGRO is categorized as Large Cap Growth Equities, while ASGM is Tactical Allocation. Their fees differ too: 0.35% for VGRO and 0.86% for ASGM.