Global X Alternative Income ETF (ALTY) belongs to the Global Allocation category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ALTY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ALTY
ALTY charges 0.50% annually. There are 5 ETFs in the Global Allocation category with lower expense ratios, going as low as 0.24%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Elm Market Navigator ETF | 0.24% | 493.11M | Dec 2011 | ALTY vs ELM | |
| WisdomTree International Efficient Core Fund | 0.26% | 485.98M | May 2021 | ALTY vs NTSI | |
| Cambria Endowment Style ETF | 0.29% | 141.41M | Apr 2025 | ALTY vs ENDW | |
| JPMorgan Flexible Income ETF | 0.35% | 48.45M | Feb 2025 | ALTY vs JFLI | |
| Return Stacked Global Stocks & Bonds ETF | 0.39% | 395.45M | Dec 2023 | ALTY vs RSSB |
Best Risk-Adjusted Alternatives to ALTY
ALTY has a PortfoliosLab risk / return rank of 89. There is 1 ETF in the Global Allocation category with a higher risk-adjusted rank, going as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Multi-Strategy Alternative ETF | 90 | 279.11M | Jan 2023 | ALTY vs LALT | |
| Frontier Asset Absolute Return ETF | 88 | 11.67M | Dec 2024 | ALTY vs FARX | |
| Cambria Endowment Style ETF | 85 | 141.41M | Apr 2025 | ALTY vs ENDW | |
| Blueprint Chesapeake Multi-Asset Trend ETF | 81 | 163.81M | Jul 2023 | ALTY vs TFPN | |
| JPMorgan Flexible Income ETF | 71 | 48.45M | Feb 2025 | ALTY vs JFLI |
Top Performing ALTY Alternatives (YTD)
ALTY is at 7.57% YTD. There are 7 ETFs in the Global Allocation category with higher YTD returns, going as high as 17.50%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Blueprint Chesapeake Multi-Asset Trend ETF | 17.50% | 163.81M | Jul 2023 | ALTY vs TFPN | |
| Astoria Real Assets ETF | 13.25% | 74.59M | Dec 2021 | ALTY vs PPI | |
| Cambria Endowment Style ETF | 10.35% | 141.41M | Apr 2025 | ALTY vs ENDW | |
| JPMorgan Flexible Income ETF | 9.14% | 48.45M | Feb 2025 | ALTY vs JFLI | |
| First Trust Multi-Strategy Alternative ETF | 8.48% | 279.11M | Jan 2023 | ALTY vs LALT |
Lowest Volatility Alternatives to ALTY
ALTY has 5.85% 1-year volatility. No ETFs in the Global Allocation category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 7.05%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Multi-Strategy Alternative ETF | 7.05% | 279.11M | Jan 2023 | ALTY vs LALT | |
| Frontier Asset Absolute Return ETF | 7.41% | 11.67M | Dec 2024 | ALTY vs FARX | |
| JPMorgan Flexible Income ETF | 9.33% | 48.45M | Feb 2025 | ALTY vs JFLI | |
| Elm Market Navigator ETF | 9.82% | 493.11M | Dec 2011 | ALTY vs ELM | |
| Harbor Multi-Asset Explorer ETF | 10.11% | 11.11M | Sep 2023 | ALTY vs MAPP |
Lowest Drawdown Alternatives to ALTY
ALTY has a 1-year max drawdown of -4.34%. There are 2 ETFs in the Global Allocation category with shallower 1-year drawdowns, going as shallow as -2.99%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Frontier Asset Absolute Return ETF | -2.99% | 11.67M | Dec 2024 | ALTY vs FARX | |
| First Trust Multi-Strategy Alternative ETF | -3.72% | 279.11M | Jan 2023 | ALTY vs LALT | |
| Harbor Multi-Asset Explorer ETF | -6.17% | 11.11M | Sep 2023 | ALTY vs MAPP | |
| Cambria Endowment Style ETF | -6.44% | 141.41M | Apr 2025 | ALTY vs ENDW | |
| JPMorgan Flexible Income ETF | -6.67% | 48.45M | Feb 2025 | ALTY vs JFLI |
Other ETFs from Global X
The 10 most viewed Global X ETFs shown here include QYLD, SHLD, AIQ and span 12 categories. AUM among these funds goes as high as $14B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Global X NASDAQ 100 Covered Call ETF | Nasdaq-100, Derivative Income | 88 | 9.09% | 8.37B | Dec 2013 | ALTY vs QYLD | |
| Global X Defense Tech ETF | Aerospace & Defense | 10 | -6.37% | 6.91B | Sep 2023 | ALTY vs SHLD | |
| Global X Artificial Intelligence & Technology ETF | Technology Equities | 56 | 20.53% | 10.08B | May 2018 | ALTY vs AIQ | |
| Global X Uranium ETF | Uranium | 15 | -4.70% | 5.92B | Nov 2010 | ALTY vs URA | |
| Global X Copper Miners ETF | Copper | 54 | 3.92% | 6.98B | Apr 2010 | ALTY vs COPX | |
| Global X Robotics & Artificial Intelligence Themat... | Robotics, Technology Equities | 18 | -0.94% | 3.44B | Sep 2016 | ALTY vs BOTZ | |
| Global X Silver Miners ETF | Silver, Precious Metals | 31 | -10.96% | 4.14B | Apr 2010 | ALTY vs SIL | |
| Global X S&P 500 Covered Call ETF | Derivative Income, S&P 500 | 89 | 6.88% | 3.22B | Jun 2013 | ALTY vs XYLD | |
| Global X Data Center & Digital Infrastructure ETF | REIT | 84 | 35.04% | 2.25B | Oct 2020 | ALTY vs DTCR | |
| Global X US Infrastructure Development ETF | Industrials Equities | 50 | 17.87% | 14.01B | Mar 2017 | ALTY vs PAVE |
Often Compared With ALTY
Investors most often compare ALTY with GWPAX, SDEM, DFE. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare ALTY with Any Fund or Stock
Compare ALTY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ALTY with funds that move differently
Global X Alternative Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ALTY.
Explore ALTY Diversifiers