PortfoliosLab logoPortfoliosLab logo
ALTY vs. YYY
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

ALTY vs. YYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Alternative Income ETF (ALTY) and Amplify CEF High Income ETF (YYY). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

ALTY vs. YYY - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
ALTY
Global X Alternative Income ETF
2.00%11.07%10.88%10.58%-11.92%23.08%-12.82%21.44%-6.18%10.82%
YYY
Amplify CEF High Income ETF
-1.10%13.08%11.86%12.98%-21.78%14.13%-0.86%21.87%-10.21%13.86%

Returns By Period

In the year-to-date period, ALTY achieves a 2.00% return, which is significantly higher than YYY's -1.10% return. Over the past 10 years, ALTY has outperformed YYY with an annualized return of 6.25%, while YYY has yielded a comparatively lower 5.58% annualized return.


ALTY

1D
0.92%
1M
-3.20%
YTD
2.00%
6M
5.15%
1Y
10.74%
3Y*
10.06%
5Y*
6.33%
10Y*
6.25%

YYY

1D
3.08%
1M
-4.67%
YTD
-1.10%
6M
-0.59%
1Y
9.50%
3Y*
11.08%
5Y*
3.17%
10Y*
5.58%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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


ALTY vs. YYY - Expense Ratio Comparison

ALTY has a 0.50% expense ratio, which is lower than YYY's 3.23% expense ratio.


Return for Risk

ALTY vs. YYY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ALTY
ALTY Risk / Return Rank: 6464
Overall Rank
ALTY Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
ALTY Sortino Ratio Rank: 6262
Sortino Ratio Rank
ALTY Omega Ratio Rank: 7373
Omega Ratio Rank
ALTY Calmar Ratio Rank: 5252
Calmar Ratio Rank
ALTY Martin Ratio Rank: 6868
Martin Ratio Rank

YYY
YYY Risk / Return Rank: 4242
Overall Rank
YYY Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
YYY Sortino Ratio Rank: 3737
Sortino Ratio Rank
YYY Omega Ratio Rank: 4848
Omega Ratio Rank
YYY Calmar Ratio Rank: 3737
Calmar Ratio Rank
YYY Martin Ratio Rank: 4646
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ALTY vs. YYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Alternative Income ETF (ALTY) and Amplify CEF High Income ETF (YYY). 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.


ALTYYYYDifference

Sharpe ratio

Return per unit of total volatility

1.11

0.73

+0.39

Sortino ratio

Return per unit of downside risk

1.54

1.01

+0.53

Omega ratio

Gain probability vs. loss probability

1.27

1.18

+0.09

Calmar ratio

Return relative to maximum drawdown

1.27

0.88

+0.39

Martin ratio

Return relative to average drawdown

6.72

4.11

+2.61

ALTY vs. YYY - Sharpe Ratio Comparison

The current ALTY Sharpe Ratio is 1.11, which is higher than the YYY Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of ALTY and YYY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading graphics...

Sharpe Ratios by Period


ALTYYYYDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.11

0.73

+0.39

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.59

0.28

+0.31

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.38

0.40

-0.03

Sharpe Ratio (All Time)

Calculated using the full available price history

0.32

0.40

-0.09

Correlation

The correlation between ALTY and YYY is 0.62, 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.


Dividends

ALTY vs. YYY - Dividend Comparison

ALTY's dividend yield for the trailing twelve months is around 7.51%, less than YYY's 13.06% yield.


TTM20252024202320222021202020192018201720162015
ALTY
Global X Alternative Income ETF
7.51%7.50%7.88%7.31%7.66%6.88%9.20%8.74%8.49%7.52%8.20%4.21%
YYY
Amplify CEF High Income ETF
13.06%12.51%12.50%12.39%12.36%9.08%9.79%9.10%9.73%8.16%10.34%10.77%

Drawdowns

ALTY vs. YYY - Drawdown Comparison

The maximum ALTY drawdown since its inception was -51.47%, which is greater than YYY's maximum drawdown of -42.52%. Use the drawdown chart below to compare losses from any high point for ALTY and YYY.


Loading graphics...

Drawdown Indicators


ALTYYYYDifference

Max Drawdown

Largest peak-to-trough decline

-51.47%

-42.52%

-8.95%

Max Drawdown (1Y)

Largest decline over 1 year

-8.52%

-10.70%

+2.18%

Max Drawdown (5Y)

Largest decline over 5 years

-18.48%

-27.92%

+9.44%

Max Drawdown (10Y)

Largest decline over 10 years

-51.47%

-42.52%

-8.95%

Current Drawdown

Current decline from peak

-3.46%

-5.24%

+1.78%

Average Drawdown

Average peak-to-trough decline

-6.85%

-6.91%

+0.06%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.61%

2.31%

-0.70%

Volatility

ALTY vs. YYY - Volatility Comparison

The current volatility for Global X Alternative Income ETF (ALTY) is 2.90%, while Amplify CEF High Income ETF (YYY) has a volatility of 5.29%. This indicates that ALTY experiences smaller price fluctuations and is considered to be less risky than YYY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading graphics...

Volatility by Period


ALTYYYYDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.90%

5.29%

-2.39%

Volatility (6M)

Calculated over the trailing 6-month period

4.65%

7.17%

-2.52%

Volatility (1Y)

Calculated over the trailing 1-year period

9.68%

13.10%

-3.42%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.77%

11.33%

-0.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.63%

13.89%

+2.74%