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ALTY vs CVY

Global X Alternative Income ETF vs Invesco Zacks Multi-Asset Income ETF

ALTY

Global X Alternative Income ETF

Global X Funds

Annual cost

0.50%

Fund size

$45M

CVY

Invesco Zacks Multi-Asset Income ETF

Invesco

Annual cost

1.21%

Fund size

$119M

Key differences

  • ALTY costs 0.71% less per year.
  • ALTY is classified as alternative, while CVY is mixed asset — different risk/return profiles.
  • ALTY covers north america markets; CVY covers global.
  • ALTY follows a option income strategy; CVY uses active selection.
  • Over the last 3 years, CVY has delivered higher annualized returns.
  • CVY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ALTYCVY
Annual cost (TER)0.50%1.21%
Fund size (AUM)$45M$119M
Since20152006
Dividend yield7.29%3.74%
Asset classalternativemixed asset
Regionnorth americaglobal
Strategyoption incomeactive selection
CAGR 1Y+17.6%+20.4%
CAGR 3Y+11.8%+16.0%
CAGR 5Y+6.2%+7.5%
Sharpe 3Y0.910.87
Volatility 1Y5.81%11.06%
Max drawdown-51.47%-50.47%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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