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ASGM vs FAAR

Virtus Alphasimplex Global Macro Etf vs First Trust Alternative Absolute Return Strategy ETF

ASGM

VIRTUS ALPHASIMPLEX GLOBAL MACRO ETF

Virtus

Annual cost

0.86%

Fund size

$8M

FAAR

First Trust Alternative Absolute Return Strategy ETF

First Trust

Annual cost

0.98%

Fund size

$168M

Key differences

  • ASGM costs 0.12% less per year.
  • FAAR is significantly larger than ASGM — larger funds tend to be more liquid and less likely to close.
  • ASGM covers global markets; FAAR covers north america.
  • ASGM follows a systematic alpha strategy; FAAR uses long short.
  • FAAR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ASGMFAAR
Annual cost (TER)0.86%0.98%
Fund size (AUM)$8M$168M
Since20252016
Dividend yield9.07%
Asset classalternativealternative
Regionglobalnorth america
Strategysystematic alphalong short
CAGR 1YN/A+41.1%
CAGR 3YN/A+12.0%
CAGR 5YN/A+8.5%
Sharpe 3YN/A0.74
Volatility 1Y13.44%
Max drawdown-6.62%-18.03%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to ASGM and FAAR