ALTY vs FSEP
Global X Alternative Income ETF vs FT Vest US Equity Buffer ETF - September
Which is better, ALTY or FSEP?
FSEP has been ahead.
ALTY has a lower expense ratio. FSEP 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 | FSEP |
|---|---|---|
| Expense Ratio | 0.50%Best | 0.85% |
| AUM | $45M | $1.4B |
| Dividend Yield | 7.94% | 0.00% |
| Holdings | 44 | 10 |
| YTD Return | +2.26% | +11.52%Best |
| 1Y Return | +6.15% | +14.29%Best |
| 3Y Return (annualized) | +11.10% | +15.18%Best |
| 5Y Return (annualized) | +4.50% | +10.70%Best |
| Volatility (annualized) | 11.4% | 9.6%Best |
| Max Drawdown | -18.5% | -13.8%Best |
| $10,000 over 5 years | $12,462 | $16,624Best |
| Fund Family | Global X by mirae Asset | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jul 13, 2015 | Sep 18, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 21, 2020 to Oct 14, 2026 (6.1 years).
ALTY vs FSEP 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 6.1 years both funds cover.
ALTY vs FSEP Performance
Global X Alternative Income ETF (ALTY) is an ETF from Global X by mirae Asset and FT Vest US Equity Buffer ETF - September (FSEP) is an ETF from First Trust Portfolios (US). Over the past year ALTY returned +6.15% while FSEP returned +14.29%. Year to date, ALTY is up 2.26% versus a gain of 11.52% for FSEP.
Over three years, ALTY compounded at +11.10% per year against +15.18% for FSEP; over five years the annualized figures are +4.50% and +10.70% respectively. Across the full 6-year window we track, FSEP has the edge at +11.63% annualized vs +8.79%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ALTY has been the more volatile fund, with annualized monthly volatility of 11.4% compared with 9.6% for FSEP. 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 -13.8% for FSEP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ALTY charges 0.50% per year while FSEP 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 FSEP.
You are not choosing between two funds in isolation.
Whichever of ALTY and FSEP 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 FSEP?
ALTY has an expense ratio of 0.50% while FSEP charges 0.85%. ALTY is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, ALTY or FSEP?
Over the past year ALTY returned +6.15% vs +14.29% for FSEP, so FSEP leads on 1-year performance. Over the longest common window we track (6 years), ALTY annualized +8.79% vs +11.63% for FSEP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ALTY or FSEP?
ALTY has been the more volatile fund at 11.4% annualized versus 9.6% for FSEP. Worst drawdown: ALTY -18.5% vs FSEP -13.8%.
Should I hold both ALTY and FSEP?
ALTY and FSEP have a monthly-return correlation of 0.84, 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 FSEP?
ALTY yields 7.94% while FSEP yields 0.00%, so ALTY currently pays the higher dividend yield.
Is FSEP better than ALTY?
ALTY has a lower expense ratio. FSEP 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.