Screener
ALTY vs FIAX
Global X Alternative Income ETF vs Nicholas Fixed Income Alternative ETF
Key differences
ALTY is an alternative ETF, while FIAX is a fixed income ETF. ALTY charges 0.50% a year and FIAX 0.97%.
- ALTY is an alternative fund, while FIAX is a fixed income fund. They carry different risk/return profiles.
- ALTY costs 0.47% less per year.
- FIAX is much larger than ALTY. Larger funds are usually more liquid and less likely to close.
- Over the last three years, ALTY has delivered higher annualized returns.
- ALTY has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| ALTY | FIAX | |
|---|---|---|
| Annual cost (TER) | 0.50% | 0.97% |
| Fund size (AUM) | $44M | $133M |
| Since | 2015 | 2022 |
| Dividend yield | 7.37% | 8.16% |
| Asset class | alternative | fixed income |
| Region | north america | north america |
| Strategy | option income | option income |
| CAGR 1Y | +15.0% | +4.6% |
| CAGR 3Y | +11.3% | +3.4% |
| CAGR 5Y | +5.5% | N/A |
| Sharpe 3Y | 0.86 | -0.02 |
| Volatility 1Y | 5.80% | 4.12% |
| Max drawdown | -51.47% | -6.26% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.