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ASMF

GradeCNew York Stock Exchange Arca

Virtus AlphaSimplex Managed Futures ETF

Virtus · Inception 2024-05-15

$27.21+0.36 (+1.33%)

As of Sep 23, 2026, 1:56 PM EDT

History starts May 15, 2024.
Intraday session: up, 7 prints from 26.85 to 27.21. Range 26.85 to 27.21. Use the arrow keys to read each point.$26.90$27.00$27.1010 AM12 PM2 PM4 PM
Expense ratio
0.80%
Fund size
$30M
1Y return
+15.0%
Yield · Last 12 months
Data unavailable
Holdings
189
Volume · 30D
0M sh
NAV per share
$26.06
52W range
low $22.50high $26.61

The ETF.net ASMF Grade

C

49/ 100

Confidence Low

Six-pillar profile for ASMF. Scores out of 100: Cost 55, Risk 62, Mission not scored, Tradability 24, Holdings not scored, Durability 41. Strongest: Risk (62). Weakest: Tradability (24). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 49 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 55
    —

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 62
    —

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 24
    —

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 41
    —

Graded as of Aug 18, 2026 · Based on 4 of 6 pillars

Our read on ASMF

ETF.net Research

CManaged futures, ETF-wrapped. The mandate is blunt: seek positive absolute returns over time, not track a stock index. And it charges less than the typical fund in its small peer group.

Stated mandate

The Fund seeks to generate positive absolute returns over time.

Why people hold it

  1. 01Fee of 0.80% sits below the managed futures peer median of 0.95%, and undercuts DBMF's 0.85%.
  2. 02The stated goal is positive absolute returns over time, so the yardstick is its own result, not a benchmark it has to hug.
  3. 03Risk is spread across a wide book of futures positions rather than a handful of concentrated bets.
  4. 04Sits in the upper half of a thin managed futures field that includes DBMF and CTA.

Worth knowing

  1. 01Small asset base and light trading volume. Bid-ask spreads can run wider than on household-name ETFs, which matters most on larger orders.
  2. 02Launched in 2024, so the live record is short and hasn't been through many market regimes yet.
  3. 03Distributions come annually or semiannually. This is a total-return vehicle, not a monthly paycheck.

ASMF Holdings

As of Aug 19, 2026, 3:00 AM
Asset class
Other
Holdings
189
Top-10 weight
75%
Largest holding
Cash/Cash equivalents23.6%

Sectors

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Cash/Cash equivalents23.56%—$7M—
002—United States Treasury Bill 0.000% 08/20/20267.30%—$2M—
003—United States Treasury Bill 0.000% 10/13/20266.93%—$2M—
004—United States Treasury Bill 0.000% 09/22/20266.62%—$2M—
005—United States Treasury Bill 0.000% 10/08/20266.61%—$2M—
006—United States Treasury Bill 0.000% 09/24/20264.96%—$1M—
007—United States Treasury Bill 0.000% 09/29/20264.96%—$1M—
008—United States Treasury Bill 0.000% 10/01/20264.96%—$1M—
009—United States Treasury Bill 0.000% 09/10/20264.64%—$1M—
010—United States Treasury Bill 0.000% 08/25/20264.31%—$1M—
011—United States Treasury Bill 0.000% 08/27/20264.31%—$1M—
012—United States Treasury Bill 0.000% 09/03/20264.31%—$1M—
013—United States Treasury Bill 0.000% 10/06/20264.29%—$1M—
014—United States Treasury Bill 0.000% 09/08/20263.98%—$1M—
015—United States Treasury Bill 0.000% 09/15/20263.64%—$1M—

Showing 1–15 of 18 holdings

ASMF Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Performance data is unavailable.

Returns run to the last market close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for ASMF. Periods over one year show the average yearly return.
PeriodASMF
Year to dateHistory unavailable—
1 monthHistory unavailable—
3 monthsHistory unavailable—
1 yearHistory unavailable—
3 yearsHistory unavailable—per year
5 yearsHistory unavailable—per year
10 yearsHistory unavailable—per year

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual return data is unavailable.

ASMF in the news

ASMF Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months

Distribution data unavailable.

ASMF Risk

How much the fund’s monthly returns vary, scaled to a year.
—
No data available
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
No data available
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
No data available
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.25
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

ASMF Cost

Expense Ratio
0.80%