ALTY vs. BND
ALTY (Global X Alternative Income ETF) and BND (Vanguard Total Bond Market ETF) are both exchange-traded funds - ALTY is a Global Allocation fund tracking the Indxx SuperDividend Alternatives Index, while BND is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index. Both are passively managed. Over the past 10 years, ALTY returned 6.12%/yr vs 1.54%/yr for BND. At a 0.16 correlation, their price movements are largely independent. ALTY charges 0.50%/yr vs 0.03%/yr for BND.
Performance
ALTY vs. BND - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ALTY achieves a 5.86% return, which is significantly higher than BND's 0.06% return. Over the past 10 years, ALTY has outperformed BND with an annualized return of 6.12%, while BND has yielded a comparatively lower 1.54% annualized return.
ALTY
- 1D
- -0.06%
- 1M
- -0.51%
- YTD
- 5.86%
- 6M
- 6.44%
- 1Y
- 14.65%
- 3Y*
- 11.20%
- 5Y*
- 5.09%
- 10Y*
- 6.12%
BND
- 1D
- -0.08%
- 1M
- -0.29%
- YTD
- 0.06%
- 6M
- 0.14%
- 1Y
- 4.64%
- 3Y*
- 3.94%
- 5Y*
- -0.06%
- 10Y*
- 1.54%
ALTY vs. BND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALTY Global X Alternative Income ETF | 5.86% | 11.07% | 10.88% | 10.58% | -11.92% | 23.08% | -12.82% | 21.44% | -6.18% | 10.82% |
BND Vanguard Total Bond Market ETF | 0.06% | 7.08% | 1.38% | 5.65% | -13.11% | -1.86% | 7.71% | 8.84% | -0.12% | 3.57% |
Correlation
The correlation between ALTY and BND is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2015 | 0.16 |
Over the past year, ALTY and BND have become more correlated (0.40) than their long-term average of 0.16, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ALTY vs. BND — Risk / Return Rank
ALTY
BND
ALTY vs. BND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Alternative Income ETF (ALTY) and Vanguard Total Bond Market ETF (BND). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ALTY | BND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.28 | ||
| Sortino ratioReturn per unit of downside risk | +1.69 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.22 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 3.39 | 1.74 | +1.65 |
| Martin ratioReturn relative to average drawdown | 15.62 | 5.11 | +10.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ALTY | BND | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.54 | 1.26 | +1.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | -0.01 | +0.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.28 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.59 | -0.25 |
Drawdowns
ALTY vs. BND - Drawdown Comparison
The maximum ALTY drawdown since its inception was -51.47%, which is greater than BND's maximum drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for ALTY and BND.
Loading charts...
Drawdown Indicators
| ALTY | BND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.47% | -18.58% | -32.89% |
Max Drawdown (1Y)Largest decline over 1 year | -4.34% | -2.68% | -1.66% |
Max Drawdown (3Y)Largest decline over 3 years | -10.08% | -5.92% | -4.16% |
Max Drawdown (5Y)Largest decline over 5 years | -18.48% | -17.91% | -0.57% |
Max Drawdown (10Y)Largest decline over 10 years | -51.47% | -18.58% | -32.89% |
Current DrawdownCurrent decline from peak | -0.68% | -2.57% | +1.89% |
Average DrawdownAverage peak-to-trough decline | -6.73% | -3.06% | -3.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.94% | 0.91% | +0.03% |
Volatility
ALTY vs. BND - Volatility Comparison
Global X Alternative Income ETF (ALTY) has a higher volatility of 1.50% compared to Vanguard Total Bond Market ETF (BND) at 1.17%. This indicates that ALTY's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ALTY | BND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.50% | 1.17% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 4.39% | 2.69% | +1.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.80% | 3.72% | +2.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.61% | 6.02% | +4.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.57% | 5.53% | +11.04% |
ALTY vs. BND - Expense Ratio Comparison
ALTY has a 0.50% expense ratio, which is higher than BND's 0.03% expense ratio.
Dividends
ALTY vs. BND - Dividend Comparison
ALTY's dividend yield for the trailing twelve months is around 7.50%, more than BND's 3.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALTY Global X Alternative Income ETF | 7.50% | 7.50% | 7.88% | 7.31% | 7.66% | 6.88% | 9.20% | 8.74% | 8.49% | 7.52% | 8.20% | 4.21% |
BND Vanguard Total Bond Market ETF | 3.98% | 3.86% | 3.67% | 3.09% | 2.60% | 2.12% | 2.38% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% |
Frequently Asked Questions
ALTY and BND have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALTY has higher volatility (1.50%) compared to BND (1.17%). In terms of maximum drawdown, ALTY dropped -51.47% vs BND's -18.58%.
On 10-year performance, ALTY leads with 6.12% vs 1.54% for BND. On fees, BND is cheaper at 0.03% per year. On volatility, BND has been the lower-risk option at 1.17%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, ALTY has performed better with a 6.12% return vs 1.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BND is cheaper with a 0.03% expense ratio, compared with 0.50% for ALTY.
ALTY has the higher dividend yield at 7.50%, compared with 3.98% for BND.
ALTY is categorized as Global Allocation, while BND is Total Bond Market. ALTY tracks Indxx SuperDividend Alternatives Index, while BND tracks Bloomberg U.S. Aggregate Float Adjusted Index. They also come from different issuers: Global X and Vanguard. Their fees differ too: 0.50% for ALTY and 0.03% for BND.
ALTY currently has the higher Sharpe Ratio (2.54 vs 1.26), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ALTY and BND
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer