# ASGM (Virtus AlphaSimplex Global Macro ETF)

Virtus · Alternatives ETFs · data as of Sep 18, 2026

In the S&P 500’s down weeks over the year to Sep 18, 2026, ASGM fell 64% as much as the index.

## Key facts

- ASGM, correlation with the S&P 500: +0.81, as of Sep 18, 2026.
- ASGM, beta to the S&P 500: +0.86, as of Sep 18, 2026.
- ASGM, down-week capture: 64.2%, as of Sep 18, 2026.
- ASGM, against T-bills, 52 weeks: +24.6 pts, as of Sep 18, 2026.
- ASGM, net assets: $8m (SEC N-PORT, whole fund, as filed for Apr 30, 2026).
- ASGM, expense ratio: 0.86% (485BPOS XBRL, Jun 4, 2025).

## ASGM over each window to Sep 18, 2026

| Window | The fund | S&P 500 | Difference, percentage points |
| --- | --- | --- | --- |
| 3 months | +1.1% | +2.3% | −1.1 pts |
| 6 months | +17.7% | +18.0% | −0.4 pts |
| 1 year | +28.4% | +16.6% | +11.8 pts |
| Since it listed | +36.9% | +22.9% | +13.9 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Issuer | Virtus | ETFIQ |
| Strategy | Global macro | ETFIQ, from its prospectus |
| Expense ratio | 0.86% | 485BPOS XBRL, Jun 4, 2025 |
| Net assets | $8m | SEC N-PORT, whole fund, as filed for Apr 30, 2026 |
| Weeks measured | 52, from Sep 19, 2025 to Sep 18, 2026 | ETFIQ |
| Weeks the S&P 500 fell | 22 | ETFIQ |
| The S&P 500 in those weeks, on average | −1.24% | ETFIQ |
| ASGM in those weeks, on average | −0.80% | ETFIQ |
| ASGM total return over those weeks | +28.3% | ETFIQ |
| T-bills | +3.6% | ETFIQ |
| Listed since | Aug 5, 2025 | ETFIQ |
| Days traded | 90 | ETFIQ |
| Quoted | on an exchange, every trading day | ETFIQ |

## Questions

### Does ASGM move with the S&P 500?

Over the year to Sep 18, 2026, ASGM’s weekly returns had a correlation of +0.81 with the S&P 500’s, on a scale where 1 moves in step, 0 shows no pattern and −1 moves opposite. Its beta was +0.86, so for each 1% the index moved it moved about 0.86% the same way.

### What did ASGM do when stocks fell?

The S&P 500 fell in 22 of the 52 weeks to Sep 18, 2026, by 1.24% on average. In those weeks ASGM fell 0.80% on average, a down-week capture of 64.2%.

### Did ASGM earn more than cash?

Over the same 52 weeks ASGM returned +28.3% with distributions reinvested, and BIL, a fund of Treasury bills, returned +3.6%. ASGM finished 24.6 percentage points ahead of it.

### What does ASGM cost?

The prospectus expense ratio is 0.86% a year.

### Why is ASGM listed as global macro?

ETFIQ files each fund by what its own prospectus says it does, and ASGM’s, filed Jun 4, 2025, describes a global macro fund.


## Cite this page

ETFIQ, ASGM, data as of Sep 18, 2026. https://etfiq.com/funds/asgm
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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