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ALTY vs GAL

Global X Alternative Income ETF vs State Street Global Allocation ETF

ALTY

Global X Alternative Income ETF

Global X Funds

Annual cost

0.50%

Fund size

$45M

GAL

State Street Global Allocation ETF

State Street Investment Management

Annual cost

0.35%

Fund size

$307M

Key differences

  • GAL costs 0.15% less per year.
  • GAL is significantly larger than ALTY — larger funds tend to be more liquid and less likely to close.
  • ALTY follows a option income strategy; GAL uses tactical allocation.
  • Over the last 3 years, GAL has delivered higher annualized returns.

Side-by-side comparison

ALTYGAL
Annual cost (TER)0.50%0.35%
Fund size (AUM)$45M$307M
Since20152012
Dividend yield7.29%3.18%
Asset classalternativealternative
Regionnorth america
Strategyoption incometactical allocation
CAGR 1Y+17.6%+21.1%
CAGR 3Y+11.8%+14.1%
CAGR 5Y+6.2%+7.5%
Sharpe 3Y0.911.06
Volatility 1Y5.81%8.75%
Max drawdown-51.47%-28.31%

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

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