Screener
ALTY vs CLIP
Global X Alternative Income ETF vs Global X 1-3 Month T-Bill ETF
Key differences
- CLIP costs 0.43% less per year.
- CLIP is significantly larger than ALTY — larger funds tend to be more liquid and less likely to close.
- ALTY is classified as alternative, while CLIP is fixed income — different risk/return profiles.
- ALTY follows a option income strategy; CLIP uses index tracking.
- ALTY has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| ALTY | CLIP | |
|---|---|---|
| Annual cost (TER) | 0.50% | 0.07% |
| Fund size (AUM) | $45M | $2.5B |
| Since | 2015 | 2023 |
| Dividend yield | 7.29% | 3.99% |
| Asset class | alternative | fixed income |
| Region | north america | north america |
| Strategy | option income | index tracking |
| CAGR 1Y | +17.6% | +4.0% |
| CAGR 3Y | +11.8% | N/A |
| CAGR 5Y | +6.2% | N/A |
| Sharpe 3Y | 0.91 | N/A |
| Volatility 1Y | 5.81% | 0.23% |
| Max drawdown | -51.47% | -0.08% |
Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.
Similar to ALTY and CLIP
Explore further