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ALTY vs. DIV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


ALTYDIV
YTD Return3.20%1.81%
1Y Return10.41%8.87%
3Y Return (Ann)4.09%2.51%
5Y Return (Ann)2.96%0.62%
Sharpe Ratio1.260.70
Daily Std Dev9.05%13.45%
Max Drawdown-51.47%-52.74%
Current Drawdown-0.08%-8.90%

Correlation

0.65
-1.001.00

The correlation between ALTY and DIV is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

ALTY vs. DIV - Performance Comparison

In the year-to-date period, ALTY achieves a 3.20% return, which is significantly higher than DIV's 1.81% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%10.00%20.00%30.00%40.00%50.00%OctoberNovemberDecember2024FebruaryMarch
51.50%
16.89%
ALTY
DIV

Compare stocks, funds, or ETFs


Global X Alternative Income ETF

Global X SuperDividend U.S. ETF

ALTY vs. DIV - Expense Ratio Comparison

ALTY has a 0.50% expense ratio, which is higher than DIV's 0.45% expense ratio.

ALTY
Global X Alternative Income ETF
0.50%1.00%1.50%2.00%0.50%
0.50%1.00%1.50%2.00%0.45%

Risk-Adjusted Performance

ALTY vs. DIV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Alternative Income ETF (ALTY) and Global X SuperDividend U.S. ETF (DIV). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ALTY
Global X Alternative Income ETF
1.26
DIV
Global X SuperDividend U.S. ETF
0.66

ALTY vs. DIV - Sharpe Ratio Comparison

The current ALTY Sharpe Ratio is 1.26, which is higher than the DIV Sharpe Ratio of 0.66. The chart below compares the 12-month rolling Sharpe Ratio of ALTY and DIV.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50OctoberNovemberDecember2024FebruaryMarch
1.26
0.66
ALTY
DIV

Dividends

ALTY vs. DIV - Dividend Comparison

ALTY's dividend yield for the trailing twelve months is around 7.17%, more than DIV's 7.03% yield.


TTM20232022202120202019201820172016201520142013
ALTY
Global X Alternative Income ETF
7.17%7.31%7.66%6.88%9.20%8.74%8.46%7.52%8.20%4.21%0.00%0.00%
DIV
Global X SuperDividend U.S. ETF
7.03%7.13%6.62%5.24%8.01%7.66%7.08%5.92%6.78%8.38%5.32%5.38%

Drawdowns

ALTY vs. DIV - Drawdown Comparison

The maximum ALTY drawdown since its inception was -51.47%, roughly equal to the maximum DIV drawdown of -52.74%. The drawdown chart below compares losses from any high point along the way for ALTY and DIV


-20.00%-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-0.08%
-8.90%
ALTY
DIV

Volatility

ALTY vs. DIV - Volatility Comparison

The current volatility for Global X Alternative Income ETF (ALTY) is 1.73%, while Global X SuperDividend U.S. ETF (DIV) has a volatility of 2.77%. This indicates that ALTY experiences smaller price fluctuations and is considered to be less risky than DIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%OctoberNovemberDecember2024FebruaryMarch
1.73%
2.77%
ALTY
DIV