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CVY vs ALTY

Invesco Zacks Multi-Asset Income ETF vs Global X Alternative Income ETF

CVY

Invesco Zacks Multi-Asset Income ETF

Invesco

Annual cost

1.21%

Fund size

$119M

ALTY

Global X Alternative Income ETF

Global X Funds

Annual cost

0.50%

Fund size

$45M

Key differences

  • ALTY costs 0.71% less per year.
  • CVY is classified as mixed asset, while ALTY is alternative — different risk/return profiles.
  • CVY covers global markets; ALTY covers north america.
  • CVY follows a active selection strategy; ALTY uses option income.
  • Over the last 3 years, CVY has delivered higher annualized returns.
  • CVY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CVYALTY
Annual cost (TER)1.21%0.50%
Fund size (AUM)$119M$45M
Since20062015
Dividend yield3.74%7.29%
Asset classmixed assetalternative
Regionglobalnorth america
Strategyactive selectionoption income
CAGR 1Y+20.4%+17.6%
CAGR 3Y+16.0%+11.8%
CAGR 5Y+7.5%+6.2%
Sharpe 3Y0.870.91
Volatility 1Y11.06%5.81%
Max drawdown-50.47%-51.47%

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

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