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ALTY vs GSY

Global X Alternative Income ETF vs Invesco Ultra Short Duration ETF

ALTY

Global X Alternative Income ETF

Annual cost

0.50%

Fund size

$44M

GSY

Invesco Ultra Short Duration ETF

Annual cost

0.22%

Fund size

$3.5B

Key differences

ALTY is an alternative ETF, while GSY is a fixed income ETF. ALTY charges 0.50% a year and GSY 0.22%.

  • ALTY is an alternative fund, while GSY is a fixed income fund. They carry different risk/return profiles.
  • ALTY follows a option income strategy; GSY uses index tracking.
  • GSY costs 0.28% less per year.
  • GSY 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.
  • GSY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ALTYGSY
Annual cost (TER)0.50%0.22%
Fund size (AUM)$44M$3.5B
Since20152008
Dividend yield7.37%4.34%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+15.0%+4.5%
CAGR 3Y+11.3%+5.5%
CAGR 5Y+5.5%+3.6%
Sharpe 3Y0.863.35
Volatility 1Y5.80%0.40%
Max drawdown-51.47%-5.25%

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

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