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ASMF vs FAAR

Virtus AlphaSimplex Managed Futures ETF vs First Trust Alternative Absolute Return Strategy ETF

ASMF

Virtus AlphaSimplex Managed Futures ETF

Virtus

Annual cost

0.80%

Fund size

$31M

FAAR

First Trust Alternative Absolute Return Strategy ETF

First Trust

Annual cost

0.98%

Fund size

$168M

Key differences

  • ASMF costs 0.18% less per year.
  • FAAR is significantly larger than ASMF — larger funds tend to be more liquid and less likely to close.
  • ASMF covers global markets; FAAR covers north america.
  • ASMF follows a managed futures strategy; FAAR uses long short.
  • FAAR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ASMFFAAR
Annual cost (TER)0.80%0.98%
Fund size (AUM)$31M$168M
Since20242016
Dividend yield0.20%9.07%
Asset classalternativealternative
Regionglobalnorth america
Strategymanaged futureslong short
CAGR 1Y+17.3%+41.1%
CAGR 3YN/A+12.0%
CAGR 5YN/A+8.5%
Sharpe 3YN/A0.74
Volatility 1Y11.10%13.44%
Max drawdown-15.30%-18.03%

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

Similar to ASMF and FAAR