Global X Alternative Income ETF (ALTY)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Global X Alternative Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Global X Alternative Income ETF (ALTY) has returned 2.00% so far this year and 10.74% over the past 12 months. Over the last ten years, ALTY has returned 6.25% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jul 14, 2015, ALTY's average daily return is +0.03%, while the average monthly return is +0.60%. At this rate, your investment would double in approximately 9.7 years.

Historically, 67% of months were positive and 33% were negative. The best month was Apr 2020 with a return of +16.9%, while the worst month was Mar 2020 at -33.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, ALTY closed higher 53% of trading days. The best single day was Jul 15, 2015 with a return of +20.0%, while the worst single day was Mar 18, 2020 at -19.2%.

Global X Alternative Income ETF has an annualized alpha of 0.25%, beta of 0.59, and R² of 0.33 versus S&P 500 Index. Calculated based on daily prices since July 15, 2015.

• This ETF participated in 91.29% of S&P 500 Index downside but only 71.26% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.59 may look defensive, but with R² of 0.33 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.33 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

ALTY has an expense ratio of 0.50%, placing it in the medium range.

ALTY ranks 60 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Global X Alternative Income ETF (ALTY) and compare them to a chosen benchmark (S&P 500 Index).

Global X Alternative Income ETF provided a 7.51% dividend yield over the last twelve months, with an annual payout of $0.90 per share.

The table displays the monthly dividend distributions for Global X Alternative Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Global X Alternative Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Global X Alternative Income ETF was 51.47%, occurring on Mar 18, 2020. Recovery took 287 trading sessions.

The current Global X Alternative Income ETF drawdown is 3.46%.

The chart below shows the rolling one-month volatility.