ALTY vs. URA
ALTY (Global X Alternative Income ETF) and URA (Global X Uranium ETF) are both exchange-traded funds - ALTY is a Global Allocation fund tracking the Indxx SuperDividend Alternatives Index, while URA is a Uranium fund tracking the Solactive Global Uranium & Nuclear Components Total Return Index. Both are passively managed. Over the past 10 years, ALTY returned 6.15%/yr vs 16.42%/yr for URA. At a 0.41 correlation, their price movements are largely independent. ALTY charges 0.50%/yr vs 0.69%/yr for URA.
Performance
ALTY vs. URA - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with ALTY having a 6.45% return and URA slightly higher at 6.67%. Over the past 10 years, ALTY has underperformed URA with an annualized return of 6.15%, while URA has yielded a comparatively higher 16.42% annualized return.
ALTY
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 6.45%
- 6M
- 6.36%
- 1Y
- 14.94%
- 3Y*
- 11.73%
- 5Y*
- 5.49%
- 10Y*
- 6.15%
URA
- 1D
- -2.61%
- 1M
- -6.90%
- YTD
- 6.67%
- 6M
- 2.57%
- 1Y
- 27.21%
- 3Y*
- 34.68%
- 5Y*
- 20.40%
- 10Y*
- 16.42%
ALTY vs. URA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALTY Global X Alternative Income ETF | 6.45% | 11.07% | 10.88% | 10.58% | -11.92% | 23.08% | -12.82% | 21.44% | -6.18% | 10.82% |
URA Global X Uranium ETF | 6.67% | 67.18% | -0.58% | 46.25% | -11.32% | 57.57% | 41.33% | -3.54% | -22.11% | 19.36% |
Correlation
The correlation between ALTY and URA is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2015 | 0.41 |
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Return for Risk
ALTY vs. URA — Risk / Return Rank
ALTY
URA
ALTY vs. URA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Alternative Income ETF (ALTY) and Global X Uranium ETF (URA). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ALTY | URA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.01 | ||
| Sortino ratioReturn per unit of downside risk | +2.48 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.13 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 3.46 | 0.87 | +2.59 |
| Martin ratioReturn relative to average drawdown | 15.92 | 1.87 | +14.05 |
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Drawdowns
ALTY vs. URA - Drawdown Comparison
The maximum ALTY drawdown since its inception was -51.47%, smaller than the maximum URA drawdown of -93.54%. Use the drawdown chart below to compare losses from any high point for ALTY and URA.
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Drawdown Indicators
| ALTY | URA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.47% | -93.54% | +42.07% |
Max Drawdown (1Y)Largest decline over 1 year | -4.34% | -31.48% | +27.14% |
Max Drawdown (3Y)Largest decline over 3 years | -10.08% | -37.81% | +27.73% |
Max Drawdown (5Y)Largest decline over 5 years | -18.48% | -37.90% | +19.42% |
Max Drawdown (10Y)Largest decline over 10 years | -51.47% | -61.45% | +9.98% |
Current DrawdownCurrent decline from peak | -0.32% | -48.27% | +47.95% |
Average DrawdownAverage peak-to-trough decline | -6.71% | -74.90% | +68.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.94% | 14.58% | -13.64% |
Volatility
ALTY vs. URA - Volatility Comparison
The current volatility for Global X Alternative Income ETF (ALTY) is 1.56%, while Global X Uranium ETF (URA) has a volatility of 17.86%. This indicates that ALTY experiences smaller price fluctuations and is considered to be less risky than URA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALTY | URA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.56% | 17.86% | -16.30% |
Volatility (6M)Calculated over the trailing 6-month period | 4.54% | 39.53% | -34.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.90% | 51.33% | -45.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.57% | 43.92% | -33.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.55% | 37.95% | -21.40% |
ALTY vs. URA - Expense Ratio Comparison
ALTY has a 0.50% expense ratio, which is lower than URA's 0.69% expense ratio.
Dividends
ALTY vs. URA - Dividend Comparison
ALTY's dividend yield for the trailing twelve months is around 7.46%, more than URA's 4.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALTY Global X Alternative Income ETF | 7.46% | 7.50% | 7.88% | 7.31% | 7.66% | 6.88% | 9.20% | 8.74% | 8.49% | 7.52% | 8.20% | 4.21% |
URA Global X Uranium ETF | 4.57% | 4.88% | 2.86% | 6.07% | 0.76% | 5.84% | 1.69% | 1.66% | 0.44% | 2.03% | 7.28% | 1.96% |
Frequently Asked Questions
ALTY and URA have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
URA has higher volatility (17.86%) compared to ALTY (1.56%). In terms of maximum drawdown, ALTY dropped -51.47% vs URA's -93.54%.
On 10-year performance, URA leads with 16.42% vs 6.15% for ALTY. On fees, ALTY is cheaper at 0.50% per year. On volatility, ALTY has been the lower-risk option at 1.56%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, URA has performed better with a 16.42% return vs 6.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ALTY is cheaper with a 0.50% expense ratio, compared with 0.69% for URA.
ALTY has the higher dividend yield at 7.46%, compared with 4.57% for URA.
ALTY is categorized as Global Allocation, while URA is Uranium. ALTY tracks Indxx SuperDividend Alternatives Index, while URA tracks Solactive Global Uranium & Nuclear Components Total Return Index. Their fees differ too: 0.50% for ALTY and 0.69% for URA.
ALTY currently has the higher Sharpe Ratio (2.55 vs 0.53), 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.
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