ALTY vs DJAN
Global X Alternative Income ETF vs FT Vest US Equity Deep Buffer ETF - January
Which is better, ALTY or DJAN?
DJAN has been ahead.
ALTY has a lower expense ratio. DJAN 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 | DJAN |
|---|---|---|
| Expense Ratio | 0.50%Best | 0.85% |
| AUM | $45M | $455M |
| Dividend Yield | 7.94% | 0.00% |
| Holdings | 44 | 10 |
| YTD Return | +2.26% | +7.90%Best |
| 1Y Return | +6.15% | +11.42%Best |
| 3Y Return (annualized) | +11.10% | +12.54%Best |
| 5Y Return (annualized) | +4.50% | +7.97%Best |
| Volatility (annualized) | 10.8% | 6.4%Best |
| Max Drawdown | -18.5% | -9.6%Best |
| $10,000 over 5 years | $12,462 | $14,673Best |
| Fund Family | Global X by mirae Asset | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jul 13, 2015 | Jan 15, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 19, 2021 to Oct 14, 2026 (5.7 years).
ALTY vs DJAN 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 5.7 years both funds cover.
ALTY vs DJAN Performance
Global X Alternative Income ETF (ALTY) is an ETF from Global X by mirae Asset and FT Vest US Equity Deep Buffer ETF - January (DJAN) is an ETF from First Trust Portfolios (US). Over the past year ALTY returned +6.15% while DJAN returned +11.42%. Year to date, ALTY is up 2.26% versus a gain of 7.90% for DJAN.
Over three years, ALTY compounded at +11.10% per year against +12.54% for DJAN; over five years the annualized figures are +4.50% and +7.97% respectively. Across the full 6-year window we track, DJAN has the edge at +7.97% annualized vs +6.92%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ALTY has been the more volatile fund, with annualized monthly volatility of 10.8% compared with 6.4% for DJAN. 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 -18.5% for ALTY and -9.6% for DJAN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ALTY charges 0.50% per year while DJAN 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 7.94% against 0.00% for DJAN.
You are not choosing between two funds in isolation.
Whichever of ALTY and DJAN 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 DJAN?
ALTY has an expense ratio of 0.50% while DJAN charges 0.85%. ALTY is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, ALTY or DJAN?
Over the past year ALTY returned +6.15% vs +11.42% for DJAN, so DJAN leads on 1-year performance. Over the longest common window we track (6 years), ALTY annualized +6.92% vs +7.97% for DJAN. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ALTY or DJAN?
ALTY has been the more volatile fund at 10.8% annualized versus 6.4% for DJAN. Worst drawdown: ALTY -18.5% vs DJAN -9.6%.
Should I hold both ALTY and DJAN?
ALTY and DJAN have a monthly-return correlation of 0.75, 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 DJAN?
ALTY yields 7.94% while DJAN yields 0.00%, so ALTY currently pays the higher dividend yield.
Is DJAN better than ALTY?
ALTY has a lower expense ratio. DJAN 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.