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Global X Alternative Income ETF (ALTY)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS37954Y8066
CUSIP37954Y806
IssuerGlobal X
Inception DateJul 14, 2015
RegionNorth America (U.S.)
CategorySmall Cap Blend Equities
Index TrackedIndxx SuperDividend Alternatives Index
Home Pagewww.globalxetfs.com
Asset ClassMulti-Asset

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Expense Ratio

ALTY has a high expense ratio of 0.50%, indicating higher-than-average management fees.


Expense ratio chart for ALTY: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Share Price Chart


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Compare to other instruments

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


Global X Alternative Income ETF

Popular comparisons: ALTY vs. DFE, ALTY vs. RFEM, ALTY vs. MVRL, ALTY vs. SDEM, ALTY vs. VOO, ALTY vs. DIV, ALTY vs. GWPAX, ALTY vs. YYY, ALTY vs. SPY, ALTY vs. BIZD

Performance

Performance Chart

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.


40.00%60.00%80.00%100.00%120.00%140.00%160.00%December2024FebruaryMarchAprilMay
51.64%
152.33%
ALTY (Global X Alternative Income ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

Global X Alternative Income ETF had a return of 3.30% year-to-date (YTD) and 10.48% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date3.30%11.56%
1 month3.39%7.13%
6 months8.41%17.26%
1 year10.48%26.92%
5 years (annualized)2.78%13.56%
10 years (annualized)N/A10.87%

Monthly Returns

The table below presents the monthly returns of ALTY, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.11%1.01%2.05%-1.97%3.30%
20237.18%-2.47%-0.32%1.39%-2.30%2.32%2.56%-2.73%-2.73%-2.35%6.50%3.76%10.58%
2022-2.75%-2.34%3.52%-5.00%0.18%-5.33%6.77%-3.47%-9.33%3.28%5.89%-2.69%-11.91%
20211.37%4.13%4.21%6.14%1.17%1.49%0.96%0.81%-2.39%2.99%-2.88%3.32%23.09%
20200.10%-9.43%-33.55%16.94%7.44%0.71%0.68%2.41%-2.51%-1.64%12.18%3.10%-12.82%
201910.31%1.65%1.02%1.84%-2.87%3.84%1.65%-2.37%2.70%-0.07%-0.19%2.67%21.44%
20180.07%-4.84%0.59%1.93%2.60%0.15%3.01%1.36%-0.84%-4.19%1.78%-7.41%-6.20%
20173.16%2.36%0.55%1.84%-1.43%0.53%2.34%0.46%1.10%-1.08%-0.28%0.87%10.82%
2016-6.57%2.84%10.15%2.55%0.56%3.09%5.03%0.96%0.25%-3.46%-0.96%2.02%16.67%
2015-1.70%-3.17%-2.94%4.98%-0.12%-1.56%-4.64%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of ALTY is 43, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of ALTY is 4343
ALTY (Global X Alternative Income ETF)
The Sharpe Ratio Rank of ALTY is 4343Sharpe Ratio Rank
The Sortino Ratio Rank of ALTY is 4343Sortino Ratio Rank
The Omega Ratio Rank of ALTY is 4343Omega Ratio Rank
The Calmar Ratio Rank of ALTY is 4444Calmar Ratio Rank
The Martin Ratio Rank of ALTY is 4141Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Global X Alternative Income ETF (ALTY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


ALTY
Sharpe ratio
The chart of Sharpe ratio for ALTY, currently valued at 1.09, compared to the broader market0.002.004.006.001.09
Sortino ratio
The chart of Sortino ratio for ALTY, currently valued at 1.65, compared to the broader market0.005.0010.001.65
Omega ratio
The chart of Omega ratio for ALTY, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.001.20
Calmar ratio
The chart of Calmar ratio for ALTY, currently valued at 0.75, compared to the broader market0.005.0010.0015.000.75
Martin ratio
The chart of Martin ratio for ALTY, currently valued at 3.38, compared to the broader market0.0020.0040.0060.0080.00100.003.38
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.34, compared to the broader market0.002.004.006.002.34
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.31, compared to the broader market0.005.0010.003.31
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.41, compared to the broader market0.501.001.502.002.503.001.41
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.90, compared to the broader market0.005.0010.0015.001.90
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.93, compared to the broader market0.0020.0040.0060.0080.00100.008.93

Sharpe Ratio

The current Global X Alternative Income ETF Sharpe ratio is 1.09. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Global X Alternative Income ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.00December2024FebruaryMarchAprilMay
1.09
2.34
ALTY (Global X Alternative Income ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Global X Alternative Income ETF granted a 7.24% dividend yield in the last twelve months. The annual payout for that period amounted to $0.83 per share.


PeriodTTM202320222021202020192018201720162015
Dividend$0.83$0.83$0.84$0.92$1.08$1.29$1.12$1.15$1.22$0.58

Dividend yield

7.24%7.31%7.66%6.88%9.20%8.74%8.46%7.52%8.20%4.21%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.07$0.07$0.07$0.07$0.27
2023$0.00$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.15$0.83
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$0.84
2021$0.00$0.08$0.07$0.07$0.07$0.07$0.07$0.07$0.08$0.08$0.08$0.19$0.92
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$1.08
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$1.29
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$1.12
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$1.15
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$1.22
2015$0.10$0.10$0.10$0.28$0.58

Drawdowns

Drawdowns Chart

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


-8.00%-6.00%-4.00%-2.00%0.00%December2024FebruaryMarchAprilMay
-0.35%
0
ALTY (Global X Alternative Income ETF)
Benchmark (^GSPC)

Worst Drawdowns

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 0.35%.


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, 2022397May 15, 2024593
-14.18%Aug 30, 201880Dec 24, 201840Feb 22, 2019120
-7.32%Jan 29, 201823Mar 2, 201886Jul 6, 2018109

Volatility

Volatility Chart

The current Global X Alternative Income ETF volatility is 1.87%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%2.50%3.00%3.50%4.00%December2024FebruaryMarchAprilMay
1.87%
3.10%
ALTY (Global X Alternative Income ETF)
Benchmark (^GSPC)