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MUNA vs ASGM

Comparison between NORTHERN TRUST 2030 TAX-EXEMPT DISTRIBUTING LADDER ETF (MUNA, ETF) and Virtus ETF Trust II AlphaSimplex Global Macro (ASGM, ETF).

MUNA vs ASGM - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
MUNA
$8M
ASGM
$8M
Expense Ratio
Winner
MUNA
0.18%
ASGM
0.86%
Max Drawdown
Winner
MUNA
1.16%
ASGM
6.62%
Sharpe Ratio
MUNA
-0.26
Winner
ASGM
1.85
5Y Beta
Winner
MUNA
0.04
ASGM
1.10

MUNA vs ASGM - Holdings Comparison

MUNA and ASGM have 0 common holdings. Overlap is 0.00%

MUNA's top 25 holdings weight is 60.71%. ASGM's top 25 holdings weight is 120.79%.

RankMUNAASGM
#1
NEVADA SYS HIGHER ED CTFS PARTN 5% (n/a) - 3.95%
ISHARES CORE S&P 500 ETF (IVV) - 66.61%
#2
WISCONSIN ST TRANSN REV 5% (n/a) - 3.75%
ISHARES CORE MSCI EAFE ETF (IEFA) - 35.48%
#3
n/a (n/a) - 3.74%
ISHARES CORE MSCI EMERGING MARKETS ETF (IEMG) - 18.70%
#4
NEW CASTLE CNTY DEL 5% (n/a) - 3.68%
N/A
#5
n/a (n/a) - 3.38%
N/A
#6
MORRISTOWN TENN 5% (n/a) - 3.11%
N/A
#7
GOOSE CREEK TEX CONS INDPT SCH DIST 5% (n/a) - 2.89%
N/A
#8
MAURY CNTY TENN 5% (n/a) - 2.74%
N/A
#9
HAMILTON CNTY OHIO SALES TAX 5% (n/a) - 2.73%
N/A
#10
NORTH CAROLINA ST LTD OBLIG 5% (n/a) - 2.38%
N/A
#11
CANYONS SCH DIST UTAH 5% (n/a) - 2.20%
N/A
#12
FORT WORTH TEX INDPT SCH DIST 5% (n/a) - 2.11%
N/A
#13
OHIO ST ADULT CORRECTIONAL CAP FACS 5% (n/a) - 2.10%
N/A
#14
CHICAGO ILL O HARE INTL ARPT REV 5% (n/a) - 2.10%
N/A
#15
NORTH SLOPE BORO ALASKA 5% (n/a) - 2.08%
N/A
#16
TOMBALL TEX INDPT SCH DIST 5% (n/a) - 2.07%
N/A
#17
CROWLEY TEX INDPT SCH DIST 5% (n/a) - 2.03%
N/A
#18
MARYLAND ST 5% (n/a) - 1.93%
N/A
#19
DELAWARE ST 5% (n/a) - 1.87%
N/A
#20
CROWN POINT IND MULTI-SCH BLDG CORP 5% (n/a) - 1.81%
N/A
#21
IDAHO HSG & FIN ASSN SALES TAX REV 5% (n/a) - 1.64%
N/A
#22
WASHINGTON ST 5% (n/a) - 1.63%
N/A
#23
NORTH DAVIS UTAH SWR DIST SWR REV 5% (n/a) - 1.63%
N/A
#24
BARBERS HILL TEX INDPT SCH DIST 5% (n/a) - 1.59%
N/A
#25
AUBURN ME 4% (n/a) - 1.57%
N/A
Total Holdings643

MUNA vs ASGM - Historical Returns

Returns include dividend reinvestment.

1M
Winner
MUNA
+0.86%
ASGM
+0.22%
3M
MUNA
+1.10%
Winner
ASGM
+10.16%
6M
MUNA
+1.97%
Winner
ASGM
+20.15%
1Y
MUNA
+2.50%
Winner
ASGM
+32.47%
Max(CAGR)
MUNA
+3.08%
Winner
ASGM
+39.13%

MUNA vs ASGM - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

YearMUNAASGM
2026+1.88%+17.99%
2025+0.63%+11.52%

MUNA vs ASGM Drawdown Comparison

The maximum drawdown for MUNA was -0.91%, occurring on Oct 23, 2025. Recovery took 85 trading sessions.

The maximum drawdown for ASGM was -6.62%, occurring on Mar 30, 2026. Recovery took 28 trading sessions.

The current MUNA drawdown is -0.13%. The current ASGM drawdown is -3.57%.

RankMUNAASGM
#1-0.91%
Sep 16, 2025 - Jan 16, 2026
-6.62%
Feb 27, 2026 - Apr 9, 2026
#2-0.74%
Mar 9, 2026 - May 6, 2026
-6.40%
Jun 2, 2026 - Jun 10, 2026
#3-0.24%
Jun 4, 2026 - Jun 11, 2026
-5.86%
Oct 27, 2025 - Dec 24, 2025
#4-0.20%
Jan 16, 2026 - Jan 21, 2026
-5.17%
Jan 29, 2026 - Feb 11, 2026
#5-0.19%
Feb 12, 2026 - Mar 4, 2026
-3.68%
Oct 8, 2025 - Oct 20, 2025
#6-0.13%
Jun 11, 2026 - Jun 12, 2026
-2.61%
Jan 12, 2026 - Jan 22, 2026
#7-0.12%
May 14, 2026 - May 20, 2026
-2.36%
May 14, 2026 - May 26, 2026
#8-0.11%
Feb 5, 2026 - Feb 12, 2026
-2.29%
Feb 11, 2026 - Feb 20, 2026
#9-0.07%
May 11, 2026 - May 13, 2026
-1.53%
Sep 22, 2025 - Sep 30, 2025
#10-0.07%
May 6, 2026 - May 11, 2026
-1.38%
Dec 26, 2025 - Jan 5, 2026
#11-0.06%
May 26, 2026 - May 28, 2026
-1.32%
Aug 28, 2025 - Sep 8, 2025
#12-0.06%
Mar 4, 2026 - Mar 9, 2026
-1.32%
Oct 20, 2025 - Oct 27, 2025
#13-0.06%
Aug 28, 2025 - Sep 4, 2025
-1.31%
Aug 13, 2025 - Aug 22, 2025
#14-0.05%
Jan 23, 2026 - Feb 2, 2026
-1.01%
Apr 30, 2026 - May 6, 2026
#15-0.05%
Aug 19, 2025 - Aug 22, 2025
-0.85%
Jan 6, 2026 - Jan 9, 2026

Correlation

Correlation between MUNA and ASGM is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96
-101

Dividend Comparison (2025 - 2026)

MUNA vs ASGM dividend yield comparison.

YearMUNAASGM
20260.90%0.00%
20250.76%4.52%

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