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ASMF vs FMF

Virtus AlphaSimplex Managed Futures ETF vs First Trust Managed Futures Strategy Fund

ASMF

Virtus AlphaSimplex Managed Futures ETF

Virtus

Annual cost

0.80%

Fund size

$31M

FMF

First Trust Managed Futures Strategy Fund

First Trust

Annual cost

0.98%

Fund size

$266M

Key differences

  • ASMF costs 0.18% less per year.
  • FMF is significantly larger than ASMF — larger funds tend to be more liquid and less likely to close.
  • FMF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ASMFFMF
Annual cost (TER)0.80%0.98%
Fund size (AUM)$31M$266M
Since20242013
Dividend yield0.20%5.00%
Asset classalternativealternative
Regionglobal
Strategymanaged futuresmanaged futures
CAGR 1Y+17.3%+21.0%
CAGR 3YN/A+6.9%
CAGR 5YN/A+4.6%
Sharpe 3YN/A0.41
Volatility 1Y11.10%9.65%
Max drawdown-15.30%-16.89%

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

Similar to ASMF and FMF