WIMA vs. ASGM

Last updated Jun 4, 2026

WIMA (WisdomTree International Adaptive Moving Average Fund) and ASGM (Virtus AlphaSimplex Global Macro ETF) are both Tactical Allocation funds. WIMA is passively managed, while ASGM is actively managed. A 0.59 correlation means they provide meaningful diversification when combined. WIMA charges 0.42%/yr vs 0.86%/yr for ASGM.

Performance

WIMA vs. ASGM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree International Adaptive Moving Average Fund (WIMA) and Virtus AlphaSimplex Global Macro ETF (ASGM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WIMA

• 1D: -0.77%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 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)

WIMA vs. ASGM - Yearly Performance Comparison

	2026 (YTD)
WIMA WisdomTree International Adaptive Moving Average Fund	-0.12%
ASGM Virtus AlphaSimplex Global Macro ETF	4.27%

Correlation

The correlation between WIMA and ASGM is 0.59, 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 May 7, 2026	0.59

Return for Risk

WIMA vs. ASGM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree International Adaptive Moving Average Fund (WIMA) 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.

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

Sharpe Ratios by Period

	WIMA	ASGM	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.12	2.95	-3.07

Drawdowns

WIMA vs. ASGM - Drawdown Comparison

The maximum WIMA drawdown since its inception was -2.75%, smaller than the maximum ASGM drawdown of -6.62%. Use the drawdown chart below to compare losses from any high point for WIMA and ASGM.

Drawdown Indicators

	WIMA	ASGM	Difference
Max Drawdown Largest peak-to-trough decline	-2.75%	-6.62%	+3.87%
Current Drawdown Current decline from peak	-0.77%	-0.53%	-0.24%
Average Drawdown Average peak-to-trough decline	-0.95%	-1.22%	+0.27%

Volatility

Volatility by Period

	WIMA	ASGM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.54%	15.67%	-2.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.54%	15.67%	-2.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.54%	15.67%	-2.13%

WIMA vs. ASGM - Expense Ratio Comparison

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

Dividends

WIMA vs. ASGM - Dividend Comparison

WIMA has not paid dividends to shareholders, while ASGM's dividend yield for the trailing twelve months is around 3.69%.

Position	TTM	2025
ASGM Virtus AlphaSimplex Global Macro ETF	3.69%	4.52%
WIMA WisdomTree International Adaptive Moving Average Fund	0.00%	0.00%

Frequently Asked Questions

Can I hold both WIMA and ASGM in my portfolio?

WIMA and ASGM have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WIMA or ASGM?

On fees, WIMA 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, WIMA or ASGM?

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

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

ASGM has the higher dividend yield at 3.69%, compared with 0.00% for WIMA.

What is the main difference between WIMA and ASGM?

They also come from different issuers: WisdomTree and Virtus. Their fees differ too: 0.42% for WIMA and 0.86% for ASGM.