ALTY vs VOO
Global X Alternative Income ETF vs Vanguard S&P 500 ETF
Which is better, ALTY or VOO?
Multi Alternative against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 88.4%.
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 | VOO |
|---|---|---|
| Expense Ratio | 0.50% | 0.03%Best |
| AUM | $49M | $997.4B |
| Dividend Yield | 7.54% | 1.04% |
| Holdings | 21 | 509 |
| YTD Return | +5.90% | +14.14%Best |
| 1Y Return | +10.30% | +17.31%Best |
| 3Y Return (annualized) | +12.03% | +23.04%Best |
| 5Y Return (annualized) | +5.44% | +13.63%Best |
| Volatility (annualized) | 16.2% | 15.2%Best |
| Max Drawdown | -60.1% | -34.3%Best |
| $10,000 over 5 years | $13,032 | $18,944Best |
| Top 10 Weight | 88.4% | 37.6%Best |
| Fund Family | Global X by mirae Asset | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Jul 13, 2015 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Jul 14, 2015 to Sep 22, 2026 (11.2 years).
ALTY vs VOO 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 11.2 years both funds cover.
ALTY vs VOO Performance
Global X Alternative Income ETF (ALTY) is an ETF from Global X by mirae Asset and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year ALTY returned +10.30% while VOO returned +17.31%. Year to date, ALTY is up 5.90% versus a gain of 14.14% for VOO.
Over three years, ALTY compounded at +12.03% per year against +23.04% for VOO; over five years the annualized figures are +5.44% and +13.63% respectively. Across the full 11-year window we track, VOO has the edge at +13.15% annualized vs +1.69%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ALTY has been the more volatile fund, with annualized monthly volatility of 16.2% compared with 15.2% for VOO. 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 -60.1% for ALTY and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ALTY charges 0.50% per year while VOO charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, ALTY currently yields 7.54% against 1.04% for VOO.
Holdings Overlap
2.5% of ALTY's money is in holdings VOO also owns. 0.1% of VOO's money is in holdings ALTY also owns.
ALTY and VOO share little of their money.
2 positions in common, counted across the 19 positions we hold weights for in ALTY and 494 in VOO, against full books of 21 and 509.
What only one of them owns
Measured across the 19 and 494 positions we hold weights for.
VOO holds 485 positions ALTY does not, 99.0% of the fund.
Largest: NVDA 7.55%, AAPL 7.05%, MSFT 5.36%, AMZN 4.13%, GOOGL 3.24%
You are not choosing between two funds in isolation.
Whichever of ALTY and VOO 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 VOO?
ALTY has an expense ratio of 0.50% while VOO charges 0.03%. VOO is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, ALTY or VOO?
Over the past year ALTY returned +10.30% vs +17.31% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (11 years), ALTY annualized +1.69% vs +13.15% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ALTY or VOO?
ALTY has been the more volatile fund at 16.2% annualized versus 15.2% for VOO. Worst drawdown: ALTY -60.1% vs VOO -34.3%.
Should I hold both ALTY and VOO?
ALTY and VOO have a monthly-return correlation of 0.80, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ALTY and VOO?
2.5% of ALTY's money is in holdings VOO also owns. 0.1% of VOO's is in holdings ALTY also owns. They hold 2 positions in common, counted across the 19 positions we hold weights for in ALTY and 494 in VOO.
Which pays a higher dividend, ALTY or VOO?
ALTY yields 7.54% while VOO yields 1.04%, so ALTY currently pays the higher dividend yield.
Is VOO better than ALTY?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 88.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.