ALTY vs VTI

ALTY vs VTI

Which is better, ALTY or VTI?

Multi Alternative against Large Cap Blend.

VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 88.4%.

Lower Fees: VTIHigher Returns: VTILess Concentrated: VTI

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

MetricALTYVTI
Expense Ratio0.50%0.03%Best
AUM$49M$666.9B
Dividend Yield7.54%1.03%
Holdings213,543
YTD Return+6.08%+12.28%Best
1Y Return+9.88%+16.78%Best
3Y Return (annualized)+11.37%+20.89%Best
5Y Return (annualized)+5.43%+11.94%Best
Volatility (annualized)16.2%15.7%Best
Max Drawdown-60.1%-35.0%Best
$10,000 over 5 years$13,026$17,576Best
Top 10 Weight88.4%33.3%Best
Fund FamilyGlobal X by mirae AssetVanguard (US)
CategoryAlternativeEquity
StyleMulti AlternativeLarge Cap Blend
InceptionJul 13, 2015May 24, 2001

Volatility and max drawdown are measured over the window both funds cover: Jul 14, 2015 to Sep 17, 2026 (11.2 years).

ALTY vs VTI 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 VTI Performance

Global X Alternative Income ETF (ALTY) is an ETF from Global X by mirae Asset and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year ALTY returned +9.88% while VTI returned +16.78%. Year to date, ALTY is up 6.08% versus a gain of 12.28% for VTI.

Over three years, ALTY compounded at +11.37% per year against +20.89% for VTI; over five years the annualized figures are +5.43% and +11.94% respectively. Across the full 11-year window we track, VTI has the edge at +12.43% annualized vs +1.71%.

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 15.7% for VTI. 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 -35.0% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

ALTY charges 0.50% per year while VTI 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 1.03% for VTI.

Holdings Overlap

ALTY already in VTI7.7%
VTI already in ALTY0.1%

7.7% of ALTY's money is in holdings VTI also owns. 0.1% of VTI's money is in holdings ALTY also owns.

ALTY and VTI share little of their money.

6 positions in common, counted across the 19 positions we hold weights for in ALTY and 3,463 in VTI, against full books of 21 and 3,543.

What only one of them owns

Measured across the 19 and 3,463 positions we hold weights for.

VTI holds 1,145 positions ALTY does not, 97.3% of the fund.

Largest: NVDA 6.40%, AAPL 6.29%, MSFT 4.79%, AMZN 3.65%, GOOGL 2.90%

Top Shared Holdings

StockWeight in ALTYWeight in VTIDifference
OKEOneok Inc.1.39%0.08%1.31%
NEWNorthwestern Ene1.40%0.01%1.39%
AMAntero Midstream Corporationam1.27%0.01%1.26%
AVAAvista Corp1.26%0.00%1.26%
PORPortland General1.25%0.01%1.24%
EIXEdison Intl1.08%0.04%1.04%

You are not choosing between two funds in isolation.

Whichever of ALTY and VTI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

ALTYVTI

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, ALTY or VTI?

ALTY has an expense ratio of 0.50% while VTI charges 0.03%. VTI is the cheaper option, by $47 a year on a $10,000 investment.

Which performed better, ALTY or VTI?

Over the past year ALTY returned +9.88% vs +16.78% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (11 years), ALTY annualized +1.71% vs +12.43% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, ALTY or VTI?

ALTY has been the more volatile fund at 16.2% annualized versus 15.7% for VTI. Worst drawdown: ALTY -60.1% vs VTI -35.0%.

Should I hold both ALTY and VTI?

ALTY and VTI have a monthly-return correlation of 0.82, 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 VTI?

7.7% of ALTY's money is in holdings VTI also owns. 0.1% of VTI's is in holdings ALTY also owns. They hold 6 positions in common, counted across the 19 positions we hold weights for in ALTY and 3,463 in VTI.

Which pays a higher dividend, ALTY or VTI?

ALTY yields 7.54% while VTI yields 1.03%, so ALTY currently pays the higher dividend yield.

Is VTI better than ALTY?

VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. VTI is less concentrated, with 33.3% 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.