ASMF vs QQQ
Virtus AlphaSimplex Managed Futures ETF vs Invesco QQQ Trust, Series 1
Which is better, ASMF or QQQ?
Option Writing against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ASMF | QQQ |
|---|---|---|
| Expense Ratio | 0.80% | 0.18%Best |
| AUM | $30M | $483.5B |
| Dividend Yield | 0.20% | 0.44% |
| Holdings | 22 | 107 |
| YTD Return | +10.80% | +17.21%Best |
| 1Y Return | +15.94% | +22.10%Best |
| 3Y Return (annualized) | - | +25.27% |
| 5Y Return (annualized) | - | +14.60% |
| Volatility (annualized) | 8.5%Best | 17.6% |
| Max Drawdown | -15.3%Best | -22.8% |
| $10,000 over 2.3 years | $10,859 | $15,930Best |
| Fund Family | Virtus Investment Partners | Invesco (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Growth |
| Inception | May 15, 2024 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: May 16, 2024 to Sep 17, 2026 (2.3 years).
ASMF vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.3 years both funds cover.
ASMF vs QQQ Performance
Virtus AlphaSimplex Managed Futures ETF (ASMF) is an ETF from Virtus Investment Partners and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year ASMF returned +15.94% while QQQ returned +22.10%. Year to date, ASMF is up 10.80% versus a gain of 17.21% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 8.5% for ASMF. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -15.3% for ASMF and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.25. They move largely independently of each other.
Fees and Cost Over Time
ASMF charges 0.80% per year while QQQ charges 0.18%. On a $10,000 position that is $80 vs $18 annually, a gap of $62 per year that compounds over a long holding period. On income, ASMF currently yields 0.20% against 0.44% for QQQ.
You are not choosing between two funds in isolation.
Whichever of ASMF and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ASMF or QQQ?
ASMF has an expense ratio of 0.80% while QQQ charges 0.18%. QQQ is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, ASMF or QQQ?
Over the past year ASMF returned +15.94% vs +22.10% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), ASMF annualized +3.65% vs +22.44% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ASMF or QQQ?
QQQ has been the more volatile fund at 17.6% annualized versus 8.5% for ASMF. Worst drawdown: ASMF -15.3% vs QQQ -22.8%.
Should I hold both ASMF and QQQ?
ASMF and QQQ have a monthly-return correlation of 0.25, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ASMF or QQQ?
ASMF yields 0.20% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than ASMF?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.