ALTY vs SCHD
Global X Alternative Income ETF vs Schwab US Dividend Equity ETF
Which is better, ALTY or SCHD?
Multi Alternative against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 87.6%.
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 | SCHD |
|---|---|---|
| Expense Ratio | 0.50% | 0.06%Best |
| AUM | $45M | $111.6B |
| Dividend Yield | 7.94% | 3.24% |
| Holdings | 44 | 206 |
| YTD Return | +2.26% | +24.55%Best |
| 1Y Return | +6.15% | +29.85%Best |
| 3Y Return (annualized) | +11.10% | +16.64%Best |
| 5Y Return (annualized) | +4.50% | +9.54%Best |
| Volatility (annualized) | 16.2% | 15.0%Best |
| Max Drawdown | -60.1% | -33.4%Best |
| $10,000 over 5 years | $12,462 | $15,771Best |
| Top 10 Weight | 87.6% | 41.6%Best |
| Fund Family | Global X by mirae Asset | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Jul 13, 2015 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Jul 14, 2015 to Oct 14, 2026 (11.3 years).
ALTY vs SCHD 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 SCHD Performance
Global X Alternative Income ETF (ALTY) is an ETF from Global X by mirae Asset and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year ALTY returned +6.15% while SCHD returned +29.85%. Year to date, ALTY is up 2.26% versus a gain of 24.55% for SCHD.
Over three years, ALTY compounded at +11.10% per year against +16.64% for SCHD; over five years the annualized figures are +4.50% and +9.54% respectively. Across the full 11-year window we track, SCHD has the edge at +10.75% annualized vs +1.36%.
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 15.0% for SCHD. 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 -33.4% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ALTY charges 0.50% per year while SCHD charges 0.06%. On a $10,000 position that is $50 vs $6 annually, a gap of $44 per year that compounds over a long holding period. On income, ALTY currently yields 7.94% against 3.24% for SCHD.
Holdings Overlap
We hold position weights for 20 holdings in ALTY and 98 in SCHD, totalling 100.0% and 99.8% 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 98 in SCHD, against full books of 44 and 206.
What only one of them owns
Our book lists 97 positions for SCHD that do not appear in our book for ALTY (99.8% of the fund), and 20 for ALTY that do not appear in SCHD (100.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of ALTY and SCHD 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 SCHD?
ALTY has an expense ratio of 0.50% while SCHD charges 0.06%. SCHD is the cheaper option, by $44 a year on a $10,000 investment.
Which performed better, ALTY or SCHD?
Over the past year ALTY returned +6.15% vs +29.85% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (11 years), ALTY annualized +1.36% vs +10.75% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ALTY or SCHD?
ALTY has been the more volatile fund at 16.2% annualized versus 15.0% for SCHD. Worst drawdown: ALTY -60.1% vs SCHD -33.4%.
Should I hold both ALTY and SCHD?
ALTY and SCHD have a monthly-return correlation of 0.77, 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 SCHD?
ALTY yields 7.94% while SCHD yields 3.24%, so ALTY currently pays the higher dividend yield.
Is SCHD better than ALTY?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 87.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.