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ALTY vs PFFV

Global X Alternative Income ETF vs Global X Variable Rate Preferred ETF

ALTY

Global X Alternative Income ETF

Global X Funds

Annual cost

0.50%

Fund size

$45M

PFFV

Global X Variable Rate Preferred ETF

Global X Funds

Annual cost

0.25%

Fund size

$302M

Key differences

  • PFFV costs 0.25% less per year.
  • PFFV is significantly larger than ALTY — larger funds tend to be more liquid and less likely to close.
  • ALTY is classified as alternative, while PFFV is fixed income — different risk/return profiles.
  • ALTY follows a option income strategy; PFFV uses index tracking.
  • Over the last 3 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

ALTYPFFV
Annual cost (TER)0.50%0.25%
Fund size (AUM)$45M$302M
Since20152020
Dividend yield7.29%8.13%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+17.6%+5.8%
CAGR 3Y+11.8%+8.9%
CAGR 5Y+6.2%+2.7%
Sharpe 3Y0.910.81
Volatility 1Y5.81%4.20%
Max drawdown-51.47%-18.95%

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

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