{"url":"https://etfiq.com/compare/alternatives/asmf-vs-cta","section":"compare","title":"ASMF vs CTA: Correlation to the S&P 500 | ETFIQ","description":"ASMF and CTA both run managed futures strategies. Over the year to Nov 4, 2026, ASMF had a correlation of +0.40 with the S&P 500 and CTA \u22120.14.","as_of":"Nov 4, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which moved less with the S&P 500, ASMF or CTA?","acceptedAnswer":{"@type":"Answer","text":"Over the 52 weeks to Nov 4, 2026, ASMF\u2019s weekly returns had a correlation of +0.40 with the S&P 500 and CTA\u2019s \u22120.14, so CTA moved less with the index."}},{"@type":"Question","name":"Which did better when the S&P 500 fell, ASMF or CTA?","acceptedAnswer":{"@type":"Answer","text":"In the 26 weeks the S&P 500 fell, by 1.07% a week on average, ASMF averaged \u22120.49% and CTA \u22120.06%, so CTA returned more in those weeks."}},{"@type":"Question","name":"Which earned more than cash, ASMF or CTA?","acceptedAnswer":{"@type":"Answer","text":"Over the same weeks, ASMF finished 9.2 percentage points ahead of cash and CTA finished level with cash. Cash here is BIL, a fund of Treasury bills."}},{"@type":"Question","name":"Which is cheaper, ASMF or CTA?","acceptedAnswer":{"@type":"Answer","text":"ASMF charges 0.80% a year and CTA charges 0.86%, so ASMF is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Alternatives ETFs","item":"https://etfiq.com/alternatives/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"ASMF vs CTA","item":"https://etfiq.com/compare/alternatives/asmf-vs-cta"}]},{"@type":"WebPage","name":"ASMF vs CTA: Correlation to the S&P 500","description":"ASMF and CTA both run managed futures strategies. Over the year to Nov 4, 2026, ASMF had a correlation of +0.40 with the S&P 500 and CTA \u22120.14.","url":"https://etfiq.com/compare/alternatives/asmf-vs-cta","dateModified":"2026-11-04","abstract":"Over the year to Nov 4, 2026, CTA moved less with the S&P 500 than ASMF: correlation \u22120.14 against +0.40.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of ASMF and CTA","description":"ASMF and CTA both run managed futures strategies. Over the year to Nov 4, 2026, ASMF had a correlation of +0.40 with the S&P 500 and CTA \u22120.14.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/alternatives/asmf-vs-cta","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/alternatives.json"}],"variableMeasured":["Correlation with the S&P 500","Beta to the S&P 500","Down-week capture","Average week when the S&P 500 fell","Return against T-bills","Total return","Strategy","Expense ratio"],"keywords":["exchange-traded funds","ETF","Alternatives ETFs","fund data","SEC filings"]}],"characters":6776,"truncated":true,"content":"ETFIQ / Alternatives ETFs / Compare ETFs / ASMF vs CTA \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n ASMF vs CTA: Correlation to the S&P 500\n\n Over the year to Nov 4, 2026, CTA moved less with the S&P 500 than ASMF: correlation \u22120.14 against +0.40.\n Copy this for sharing \n \n ASMF costs 0.06 points a year less; their one-year returns differ by 8.6 points.\n ASMF and CTA at a glance. As of Nov 4, 2026. Source: ETFIQ. ASMF CTA \n Expense ratio 0.80% 0.86% \n Net assets, ASMF as of Jul 31, 2026 and CTA as of Nov 3, 2026 $30m $1.3bn \n Total return, 1 year +13.2% +4.6% \n Holdin","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, ASMF against CTA, data as of Nov 4, 2026. https://etfiq.com/compare/alternatives/asmf-vs-cta","a":{"ticker":"ASMF","name":"Virtus AlphaSimplex Managed Futures ETF","issuer":"Virtus","desk":"alternatives","as_of":"2026-11-04","verdict":"Over the year to Nov 4, 2026, ASMF returned 13.2%. When the S&P 500 fell, it fell 46% as much.","url":"https://etfiq.com/funds/asmf","key_facts":[{"label":"Correlation with the S&P 500","value":"+0.40","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Beta to the S&P 500","value":"+0.32","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Down-week capture","value":"45.9%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Against T-bills, 52 weeks","value":"+9.2 pts","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, capital gains included, on its starting price","value":"0.2%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment, ex-date Dec 22, 2025","value":"$0.0517","as_of":"2025-12-22","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$30m","as_of":"2026-07-31","source":"SEC N-PORT, whole fund, as filed for Jul 31, 2026"},{"label":"Expense ratio","value":"0.80%","as_of":"2025-11-25","source":"485BPOS XBRL, Nov 25, 2025"}]},"b":{"ticker":"CTA","name":"Simplify Managed Futures Strategy ETF","issuer":"Simplify","desk":"alternatives","as_of":"2026-11-04","verdict":"Over the year to Nov 4, 2026, CTA returned 4.6%. When the S&P 500 fell, it fell 5% as much.","url":"https://etfiq.com/funds/cta","key_facts":[{"label":"Correlation with the S&P 500","value":"\u22120.14","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Beta to the S&P 500","value":"\u22120.30","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Down-week capture","value":"5.3%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Against T-bills, 52 weeks","value":"0.0 pts","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, capital gains included, on its starting price","value":"5.7%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid monthly), ex-date Oct 27, 2026","value":"$0.13","as_of":"2026-10-27","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$1.3bn","as_of":"2026-11-03","source":"issuer page, as of Nov 3, 2026"},{"label":"Expense ratio","value":"0.86%","as_of":"2026-10-28","source":"485BPOS XBRL, Oct 28, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/alternatives/asmf-vs-cta"}