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ALTY vs FAAR

Global X Alternative Income ETF vs First Trust Alternative Absolute Return Strategy ETF

ALTY

Global X Alternative Income ETF

Annual cost

0.50%

Fund size

$44M

FAAR

First Trust Alternative Absolute Return Strategy ETF

Annual cost

0.98%

Fund size

$176M

Key differences

Both ALTY and FAAR are alternative ETFs. ALTY charges 0.50% a year and FAAR 0.98%. The main difference: ALTY follows a option income strategy; FAAR uses long short.

  • ALTY follows a option income strategy; FAAR uses long short.
  • ALTY costs 0.48% less per year.
  • FAAR is much larger than ALTY. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

ALTYFAAR
Annual cost (TER)0.50%0.98%
Fund size (AUM)$44M$176M
Since20152016
Dividend yield7.37%9.19%
Asset classalternativealternative
Regionnorth americanorth america
Strategyoption incomelong short
CAGR 1Y+15.0%+34.6%
CAGR 3Y+11.3%+11.0%
CAGR 5Y+5.5%+7.9%
Sharpe 3Y0.860.66
Volatility 1Y5.80%13.52%
Max drawdown-51.47%-18.03%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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