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Global X Alternative Income ETF (ALTY)

ETF · Currency in USD · Last updated Mar 18, 2023

ALTY is a passive ETF by Global X tracking the investment results of the Indxx SuperDividend Alternatives Index. ALTY launched on Jul 14, 2015 and has a 0.50% expense ratio.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in Global X Alternative Income ETF in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $13,469 for a total return of roughly 34.69%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%15.00%NovemberDecember2023FebruaryMarch
6.25%
6.48%
ALTY (Global X Alternative Income ETF)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

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Global X Alternative Income ETF

Popular comparisons: ALTY vs. VOO, ALTY vs. DFE, ALTY vs. RFEM, ALTY vs. MVRL, ALTY vs. DIV

Return

Global X Alternative Income ETF had a return of 1.44% year-to-date (YTD) and -5.62% in the last 12 months. Over the past 10 years, Global X Alternative Income ETF had an annualized return of 4.18%, while the S&P 500 had an annualized return of 9.59%, indicating that Global X Alternative Income ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-4.84%-5.31%
Year-To-Date1.44%2.01%
6 months-0.67%0.39%
1 year-5.62%-10.12%
5 years (annualized)2.57%7.43%
10 years (annualized)4.18%9.59%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20237.18%-2.47%
2022-9.34%3.27%5.89%-2.69%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Global X Alternative Income ETF Sharpe ratio is -0.38. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.20-1.00-0.80-0.60-0.40-0.200.00NovemberDecember2023FebruaryMarch
-0.38
-0.43
ALTY (Global X Alternative Income ETF)
Benchmark (^GSPC)

Dividend History

Global X Alternative Income ETF granted a 8.86% dividend yield in the last twelve months. The annual payout for that period amounted to $0.98 per share.


PeriodTTM20222021202020192018201720162015
Dividend$0.98$0.84$0.93$1.08$1.29$1.12$1.15$1.22$0.58

Dividend yield

8.86%7.75%7.50%10.72%11.23%11.86%11.38%13.37%7.46%

Monthly Dividends

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.07
2022$0.00$0.08$0.08$0.08$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.13
2021$0.00$0.08$0.08$0.07$0.07$0.07$0.07$0.07$0.08$0.08$0.08$0.19
2020$0.00$0.10$0.10$0.10$0.10$0.10$0.09$0.09$0.09$0.08$0.08$0.16
2019$0.00$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.33
2018$0.00$0.09$0.09$0.09$0.09$0.09$0.09$0.09$0.09$0.10$0.10$0.19
2017$0.00$0.10$0.10$0.09$0.09$0.09$0.09$0.09$0.09$0.09$0.09$0.22
2016$0.00$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.21
2015$0.10$0.10$0.10$0.28

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%NovemberDecember2023FebruaryMarch
-11.19%
-18.34%
ALTY (Global X Alternative Income ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Global X Alternative Income ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Global X Alternative Income ETF is 51.47%, recorded on Mar 18, 2020. It took 287 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-51.47%Feb 21, 202019Mar 18, 2020287May 7, 2021306
-30.45%Jul 16, 201575Jan 20, 2016280Apr 25, 2017355
-18.47%Jan 5, 2022196Oct 14, 2022
-14.18%Aug 30, 201880Dec 24, 201840Feb 22, 2019120
-7.32%Jan 29, 201823Mar 2, 201886Jul 6, 2018109
-4.22%Jun 15, 202124Jul 19, 202118Aug 12, 202142
-4.06%Sep 3, 202162Dec 1, 202123Jan 4, 202285
-3.93%Aug 2, 201910Aug 15, 201923Sep 18, 201933
-3.92%May 11, 20212May 12, 20218May 24, 202110
-3.53%May 7, 201919Jun 3, 201913Jun 20, 201932

Volatility Chart

Current Global X Alternative Income ETF volatility is 12.38%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%NovemberDecember2023FebruaryMarch
12.38%
21.17%
ALTY (Global X Alternative Income ETF)
Benchmark (^GSPC)