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GAL vs ALTY

State Street Global Allocation ETF vs Global X Alternative Income ETF

GAL

State Street Global Allocation ETF

State Street Investment Management

Annual cost

0.35%

Fund size

$307M

ALTY

Global X Alternative Income ETF

Global X Funds

Annual cost

0.50%

Fund size

$45M

Key differences

  • GAL costs 0.15% less per year.
  • GAL is significantly larger than ALTY — larger funds tend to be more liquid and less likely to close.
  • GAL follows a tactical allocation strategy; ALTY uses option income.
  • Over the last 3 years, GAL has delivered higher annualized returns.

Side-by-side comparison

GALALTY
Annual cost (TER)0.35%0.50%
Fund size (AUM)$307M$45M
Since20122015
Dividend yield3.18%7.29%
Asset classalternativealternative
Regionnorth america
Strategytactical allocationoption income
CAGR 1Y+21.1%+17.6%
CAGR 3Y+14.1%+11.8%
CAGR 5Y+7.5%+6.2%
Sharpe 3Y1.060.91
Volatility 1Y8.75%5.81%
Max drawdown-28.31%-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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