ALTY vs DAUG
Global X Alternative Income ETF vs FT Vest US Equity Deep Buffer ETF - August
Which is better, ALTY or DAUG?
DAUG has been ahead.
ALTY has a lower expense ratio. DAUG led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ALTY | DAUG |
|---|---|---|
| Expense Ratio | 0.50%Best | 0.85% |
| AUM | $47M | $439M |
| Dividend Yield | 7.54% | 0.00% |
| Holdings | 44 | 10 |
| YTD Return | +2.92% | +8.25%Best |
| 1Y Return | +7.10% | +10.37%Best |
| 3Y Return (annualized) | +11.35% | +12.78%Best |
| 5Y Return (annualized) | +4.85% | +6.99%Best |
| Volatility (annualized) | 18.6% | 8.1%Best |
| Max Drawdown | -51.9% | -15.3%Best |
| $10,000 over 5 years | $12,672 | $14,019Best |
| Fund Family | Global X by mirae Asset | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jul 13, 2015 | Nov 6, 2019 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Nov 7, 2019 to Oct 13, 2026 (6.9 years).
ALTY vs DAUG growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.9 years both funds cover.
ALTY vs DAUG Performance
Global X Alternative Income ETF (ALTY) is an ETF from Global X by mirae Asset and FT Vest US Equity Deep Buffer ETF - August (DAUG) is an ETF from First Trust Portfolios (US). Over the past year ALTY returned +7.10% while DAUG returned +10.37%. Year to date, ALTY is up 2.92% versus a gain of 8.25% for DAUG.
Over three years, ALTY compounded at +11.35% per year against +12.78% for DAUG; over five years the annualized figures are +4.85% and +6.99% respectively. Across the full 7-year window we track, DAUG has the edge at +6.94% annualized vs +2.69%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ALTY has been the more volatile fund, with annualized monthly volatility of 18.6% compared with 8.1% for DAUG. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -51.9% for ALTY and -15.3% for DAUG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ALTY charges 0.50% per year while DAUG charges 0.85%. On a $10,000 position that is $50 vs $85 annually, a gap of $35 per year that compounds over a long holding period. On income, ALTY currently yields 7.54% against 0.00% for DAUG.
You are not choosing between two funds in isolation.
Whichever of ALTY and DAUG you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ALTY or DAUG?
ALTY has an expense ratio of 0.50% while DAUG charges 0.85%. ALTY is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, ALTY or DAUG?
Over the past year ALTY returned +7.10% vs +10.37% for DAUG, so DAUG leads on 1-year performance. Over the longest common window we track (7 years), ALTY annualized +2.69% vs +6.94% for DAUG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ALTY or DAUG?
ALTY has been the more volatile fund at 18.6% annualized versus 8.1% for DAUG. Worst drawdown: ALTY -51.9% vs DAUG -15.3%.
Should I hold both ALTY and DAUG?
ALTY and DAUG have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ALTY or DAUG?
ALTY yields 7.54% while DAUG yields 0.00%, so ALTY currently pays the higher dividend yield.
Is DAUG better than ALTY?
ALTY has a lower expense ratio. DAUG led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.