ALTY vs NUGT
Global X Alternative Income ETF vs Direxion Daily Gold Miners Index Bull 2X ETF
Which is better, ALTY or NUGT?
Each has led over a different period.
ALTY has a lower expense ratio. ALTY led over 1Y and the full window, NUGT over 3Y and 5Y.
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 | NUGT |
|---|---|---|
| Expense Ratio | 0.50%Best | 1.13% |
| AUM | $45M | $993M |
| Dividend Yield | 7.94% | 0.75% |
| Holdings | 44 | 20 |
| YTD Return | +2.26%Best | -27.70% |
| 1Y Return | +6.15%Best | -17.67% |
| 3Y Return (annualized) | +11.10% | +64.31%Best |
| 5Y Return (annualized) | +4.50% | +21.20%Best |
| Volatility (annualized) | 16.2%Best | 96.1% |
| Max Drawdown | -60.1%Best | -97.0% |
| $10,000 over 5 years | $12,462 | $26,152Best |
| Fund Family | Global X by mirae Asset | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jul 13, 2015 | Dec 8, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 14, 2015 to Oct 14, 2026 (11.3 years).
ALTY vs NUGT 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 11.3 years both funds cover.
ALTY vs NUGT Performance
Global X Alternative Income ETF (ALTY) is an ETF from Global X by mirae Asset and Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) is an ETF from Direxion Shares ETF Trust. Over the past year ALTY returned +6.15% while NUGT returned -17.67%. Year to date, ALTY is up 2.26% versus a loss of 27.70% for NUGT.
Over three years, ALTY compounded at +11.10% per year against +64.31% for NUGT; over five years the annualized figures are +4.50% and +21.20% respectively. Across the full 11-year window we track, ALTY has the edge at +1.36% annualized vs -5.62%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NUGT has been the more volatile fund, with annualized monthly volatility of 96.1% compared with 16.2% for ALTY. 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 -97.0% for NUGT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.39. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ALTY charges 0.50% per year while NUGT charges 1.13%. On a $10,000 position that is $50 vs $113 annually, a gap of $63 per year that compounds over a long holding period. On income, ALTY currently yields 7.94% against 0.75% for NUGT.
Holdings Overlap
We hold position weights for 20 holdings in ALTY and 4 in NUGT, totalling 100.0% and 41.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 20 positions we hold weights for in ALTY and 4 in NUGT, against full books of 44 and 20.
You are not choosing between two funds in isolation.
Whichever of ALTY and NUGT 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 NUGT?
ALTY has an expense ratio of 0.50% while NUGT charges 1.13%. ALTY is the cheaper option, by $63 a year on a $10,000 investment.
Which performed better, ALTY or NUGT?
Over the past year ALTY returned +6.15% vs -17.67% for NUGT, so ALTY leads on 1-year performance. Over the longest common window we track (11 years), ALTY annualized +1.36% vs -5.62% for NUGT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ALTY or NUGT?
NUGT has been the more volatile fund at 96.1% annualized versus 16.2% for ALTY. Worst drawdown: ALTY -60.1% vs NUGT -97.0%.
Should I hold both ALTY and NUGT?
ALTY and NUGT have a monthly-return correlation of 0.39, 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 NUGT?
ALTY yields 7.94% while NUGT yields 0.75%, so ALTY currently pays the higher dividend yield.
Is NUGT better than ALTY?
ALTY has a lower expense ratio. ALTY led over 1Y and the full window, NUGT over 3Y and 5Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.