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FIAX vs ALTY

Nicholas Fixed Income Alternative ETF vs Global X Alternative Income ETF

FIAX

Nicholas Fixed Income Alternative ETF

Annual cost

0.97%

Fund size

$133M

ALTY

Global X Alternative Income ETF

Annual cost

0.50%

Fund size

$44M

Key differences

FIAX is a fixed income ETF, while ALTY is an alternative ETF. FIAX charges 0.97% a year and ALTY 0.50%.

  • FIAX is a fixed income fund, while ALTY is an alternative fund. They carry different risk/return profiles.
  • ALTY costs 0.47% less per year.
  • FIAX 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.
  • ALTY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FIAXALTY
Annual cost (TER)0.97%0.50%
Fund size (AUM)$133M$44M
Since20222015
Dividend yield8.16%7.37%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyoption incomeoption income
CAGR 1Y+4.6%+15.0%
CAGR 3Y+3.4%+11.3%
CAGR 5YN/A+5.5%
Sharpe 3Y-0.020.86
Volatility 1Y4.12%5.80%
Max drawdown-6.26%-51.47%

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

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