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EFAA vs ALTY

Invesco MSCI EAFE Income Advantage ETF vs Global X Alternative Income ETF

EFAA

Invesco MSCI EAFE Income Advantage ETF

Annual cost

0.39%

Fund size

$505M

ALTY

Global X Alternative Income ETF

Annual cost

0.50%

Fund size

$44M

Key differences

Both EFAA and ALTY are alternative ETFs. EFAA charges 0.39% a year and ALTY 0.50%. The main difference: EFAA follows a index tracking strategy; ALTY uses option income.

  • EFAA follows a index tracking strategy; ALTY uses option income.
  • EFAA covers global markets excluding the US; ALTY covers North America.
  • EFAA costs 0.11% less per year.
  • EFAA is much larger than ALTY. Larger funds are usually more liquid and less likely to close.
  • ALTY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

EFAAALTY
Annual cost (TER)0.39%0.50%
Fund size (AUM)$505M$44M
Since20242015
Dividend yield8.11%7.37%
Asset classalternativealternative
Regionglobal ex usnorth america
Strategyindex trackingoption income
CAGR 1Y+18.6%+15.4%
CAGR 3YN/A+11.5%
CAGR 5YN/A+5.5%
Sharpe 3YN/A0.87
Volatility 1Y12.46%5.82%
Max drawdown-11.97%-51.47%

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

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