YYY vs. ALTY

Last updated Jun 4, 2026

YYY (Amplify CEF High Income ETF) and ALTY (Global X Alternative Income ETF) are both exchange-traded funds - YYY is a Diversified Portfolio fund tracking the Nasdaq CEF High Income™ Index, while ALTY is a Global Allocation fund tracking the Indxx SuperDividend Alternatives Index. Both are passively managed. Over the past 10 years, YYY returned 5.57%/yr vs 6.16%/yr for ALTY. A 0.61 correlation means they provide meaningful diversification when combined. YYY charges 3.23%/yr vs 0.50%/yr for ALTY.

Performance

YYY vs. ALTY - Performance Comparison

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

Returns By Period

In the year-to-date period, YYY achieves a 3.82% return, which is significantly lower than ALTY's 6.19% return. Over the past 10 years, YYY has underperformed ALTY with an annualized return of 5.57%, while ALTY has yielded a comparatively higher 6.16% annualized return.

YYY

• 1D: -1.31%
• 1M: -0.45%
• YTD: 3.82%
• 6M: 3.82%
• 1Y: 11.25%
• 3Y*: 12.56%
• 5Y*: 2.92%
• 10Y*: 5.57%

ALTY

• 1D: -0.33%
• 1M: 0.31%
• YTD: 6.19%
• 6M: 6.51%
• 1Y: 15.73%
• 3Y*: 11.40%
• 5Y*: 5.55%
• 10Y*: 6.16%

*Multi-year figures are annualized to reflect compound growth (CAGR)

YYY vs. ALTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
YYY Amplify CEF High Income ETF	3.82%	13.08%	11.86%	12.98%	-21.78%	14.13%	-0.86%	21.87%	-10.21%	13.86%
ALTY Global X Alternative Income ETF	6.19%	11.07%	10.88%	10.58%	-11.92%	23.08%	-12.82%	21.44%	-6.18%	10.82%

Correlation

The correlation between YYY and ALTY is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (10Y) Calculated over the trailing 10-year period	0.63
Correlation (All Time) Calculated using the full available price history since Jul 15, 2015	0.61

The correlation between YYY and ALTY has been stable across timeframes, ranging from 0.59 to 0.67 - a consistent structural relationship.

YYY vs. ALTY - Sectors Allocation Comparison

Sectors	YYY	ALTY
Financial Services	24.6%	0.1%
Healthcare	17.1%	1.4%
Energy	13.1%	21.0%
Real Estate	12.5%	33.2%
Technology	10.2%	18.3%
Utilities	7.8%	12.7%
Industrials	5.1%	1.0%
Communication Services	3.3%	5.3%
Consumer Cyclical	3.2%	4.1%
Consumer Defensive	1.8%	2.6%
Basic Materials	1.3%	0.4%

Return for Risk

YYY vs. ALTY — Risk / Return Rank

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

YYY

YYY Risk / Return Rank: 35
YYY Sharpe Ratio Rank: 36
YYY Sortino Ratio Rank: 35
YYY Omega Ratio Rank: 38
YYY Calmar Ratio Rank: 28
YYY Martin Ratio Rank: 38

ALTY

ALTY Risk / Return Rank: 82
ALTY Sharpe Ratio Rank: 83
ALTY Sortino Ratio Rank: 84
ALTY Omega Ratio Rank: 86
ALTY Calmar Ratio Rank: 72
ALTY Martin Ratio Rank: 82

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.

YYY vs. ALTY - Risk-Adjusted Trends Comparison

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

	YYY	ALTY	Difference
Sharpe ratio: Return per unit of total volatility	1.32	2.73	-1.41
Sortino ratio: Return per unit of downside risk	1.91	3.82	-1.92
Omega ratio: Gain probability vs. loss probability	1.25	1.54	-0.28
Calmar ratio: Return relative to maximum drawdown	1.40	3.64	-2.24
Martin ratio: Return relative to average drawdown	6.19	16.84	-10.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YYY vs. ALTY - Sharpe Ratio Comparison

The current YYY Sharpe Ratio is 1.32, which is lower than the ALTY Sharpe Ratio of 2.73. The chart below compares the historical Sharpe Ratios of YYY and ALTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	YYY	ALTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.32	2.73	-1.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	0.53	-0.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	0.37	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.33	+0.09

Drawdowns

YYY vs. ALTY - Drawdown Comparison

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

Drawdown Indicators

	YYY	ALTY	Difference
Max Drawdown Largest peak-to-trough decline	-42.52%	-51.47%	+8.95%
Max Drawdown (1Y) Largest decline over 1 year	-8.07%	-4.34%	-3.73%
Max Drawdown (3Y) Largest decline over 3 years	-13.47%	-10.08%	-3.39%
Max Drawdown (5Y) Largest decline over 5 years	-27.92%	-18.48%	-9.44%
Max Drawdown (10Y) Largest decline over 10 years	-42.52%	-51.47%	+8.95%
Current Drawdown Current decline from peak	-1.90%	-0.37%	-1.53%
Average Drawdown Average peak-to-trough decline	-6.84%	-6.75%	-0.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.82%	0.94%	+0.88%

Volatility

YYY vs. ALTY - Volatility Comparison

Amplify CEF High Income ETF (YYY) has a higher volatility of 2.46% compared to Global X Alternative Income ETF (ALTY) at 1.41%. This indicates that YYY's price experiences larger fluctuations and is considered to be riskier than ALTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YYY	ALTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.46%	1.41%	+1.05%
Volatility (6M) Calculated over the trailing 6-month period	7.08%	4.38%	+2.70%
Volatility (1Y) Calculated over the trailing 1-year period	8.56%	5.79%	+2.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.36%	10.61%	+0.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.90%	16.58%	-2.68%

YYY vs. ALTY - Expense Ratio Comparison

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

Dividends

YYY vs. ALTY - Dividend Comparison

YYY's dividend yield for the trailing twelve months is around 12.70%, more than ALTY's 8.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ALTY Global X Alternative Income ETF	8.08%	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	12.70%	12.51%	12.50%	12.39%	12.36%	9.08%	9.79%	9.10%	9.73%	8.16%	10.34%	10.77%

Frequently Asked Questions

Can I hold both YYY and ALTY in my portfolio?

YYY and ALTY have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, YYY or ALTY?

YYY has higher volatility (2.46%) compared to ALTY (1.41%). In terms of maximum drawdown, YYY dropped -42.52% vs ALTY's -51.47%.

Which ETF is better, YYY or ALTY?

On 10-year performance, ALTY leads with 6.16% vs 5.57% for YYY. On fees, ALTY is cheaper at 0.50% per year. On volatility, ALTY has been the lower-risk option at 1.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, YYY or ALTY?

Over the 10-year period, ALTY has performed better with a 6.16% return vs 5.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, YYY or ALTY?

ALTY is cheaper with a 0.50% expense ratio, compared with 3.23% for YYY.

Which ETF pays a higher dividend yield, YYY or ALTY?

YYY has the higher dividend yield at 12.70%, compared with 8.08% for ALTY.

What is the main difference between YYY and ALTY?

YYY is categorized as Diversified Portfolio, while ALTY is Global Allocation. YYY tracks Nasdaq CEF High Income™ Index, while ALTY tracks Indxx SuperDividend Alternatives Index. They also come from different issuers: Amplify and Global X. Their fees differ too: 3.23% for YYY and 0.50% for ALTY.

Which has better risk-adjusted returns?

ALTY currently has the higher Sharpe Ratio (2.73 vs 1.32), 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.