# ASMF (Virtus AlphaSimplex Managed Futures 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, ASMF fell 8% as much as the index.

## Key facts

- ASMF, correlation with the S&P 500: +0.34, as of Sep 18, 2026.
- ASMF, beta to the S&P 500: +0.24, as of Sep 18, 2026.
- ASMF, down-week capture: 7.5%, as of Sep 18, 2026.
- ASMF, against T-bills, 52 weeks: +12.9 pts, as of Sep 18, 2026.
- ASMF, net assets: $31m (SEC N-PORT, whole fund, as filed for Apr 30, 2026).
- ASMF, expense ratio: 0.80% (485BPOS XBRL, Nov 25, 2025).

## ASMF over each window to Sep 18, 2026

| Window | The fund | S&P 500 | Difference, percentage points |
| --- | --- | --- | --- |
| 3 months | +3.1% | +2.3% | +0.9 pts |
| 6 months | +6.5% | +18.0% | −11.5 pts |
| 1 year | +16.9% | +16.6% | +0.3 pts |
| Since it listed | +9.2% | +48.3% | −39.1 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Issuer | Virtus | ETFIQ |
| Strategy | Managed futures | ETFIQ, from its prospectus |
| Expense ratio | 0.80% | 485BPOS XBRL, Nov 25, 2025 |
| Net assets | $31m | 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 |
| ASMF in those weeks, on average | −0.09% | ETFIQ |
| ASMF total return over those weeks | +16.6% | ETFIQ |
| T-bills | +3.6% | ETFIQ |
| Listed since | May 16, 2024 | ETFIQ |
| Days traded | 90 | ETFIQ |
| Quoted | on an exchange, every trading day | ETFIQ |

## Questions

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

Over the year to Sep 18, 2026, ASMF’s weekly returns had a correlation of +0.34 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 +0.24, so for each 1% the index moved it moved about 0.24% the same way.

### What did ASMF 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 ASMF fell 0.09% on average, a down-week capture of 7.5%.

### Did ASMF earn more than cash?

Over the same 52 weeks ASMF returned +16.6% with distributions reinvested, and BIL, a fund of Treasury bills, returned +3.6%. ASMF finished 12.9 percentage points ahead of it.

### What does ASMF cost?

The prospectus expense ratio is 0.80% a year.

### Why is ASMF listed as managed futures?

ETFIQ files each fund by what its own prospectus says it does, and ASMF’s, filed Nov 25, 2025, describes a managed futures fund.


## Cite this page

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

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