IALT vs IVV
iShares Systematic Alternatives Active ETF vs iShares Core S&P 500 ETF
Which is better, IALT or IVV?
Multi Alternative against Large Cap Blend.
IVV has a lower expense ratio. IALT is less concentrated, with 7.7% of the fund in its ten largest positions against 37.9%.
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 | IALT | IVV |
|---|---|---|
| Expense Ratio | 0.99% | 0.03%Best |
| AUM | $5.7B | $876.4B |
| Dividend Yield | 0.39% | 1.06% |
| Holdings | 2,311 | 508 |
| YTD Return | +16.26%Best | +12.51% |
| 1Y Return | - | +17.57% |
| 3Y Return (annualized) | - | +21.27% |
| 5Y Return (annualized) | - | +12.95% |
| Top 10 Weight | 7.7%Best | 37.9% |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Dec 9, 2025 | May 15, 2000 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
IALT vs IVV 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IALT vs IVV Performance
iShares Systematic Alternatives Active ETF (IALT) is an ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Year to date, IALT is up 16.26% versus a gain of 12.51% for IVV.
Past performance does not guarantee future results.
Fees and Cost Over Time
IALT charges 0.99% per year while IVV charges 0.03%. On a $10,000 position that is $99 vs $3 annually, a gap of $96 per year that compounds over a long holding period. On income, IALT currently yields 0.39% against 1.06% for IVV.
Holdings Overlap
45.5% of IALT's money is in holdings IVV also owns. 79.2% of IVV's money is in holdings IALT also owns.
Most of IVV is already inside IALT. Owning both mostly buys the same companies twice.
439 positions in common, counted across the 1,584 positions we hold weights for in IALT and 505 in IVV, against full books of 2,311 and 508.
What only one of them owns
Our book lists 62 positions for IVV that do not appear in our book for IALT (20.5% of the fund), and 181 for IALT that do not appear in IVV (12.7%).
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.
Top Shared Holdings
| Stock | Weight in IALT | Weight in IVV | Difference |
|---|---|---|---|
| AAPLApple, Inc | 0.21% | 6.86% | 6.65% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 0.19% | 5.44% | 5.25% |
| GOOGLAlphabet A Usd 0.001 | 0.05% | 3.19% | 3.14% |
| AVGOBroadcom Inc | 0.04% | 2.98% | 2.94% |
| GOOGAlphabet Inc | 0.31% | 2.56% | 2.25% |
| METAMeta Platforms, Inc. | 0.00% | 1.94% | 1.94% |
| MUMicron Technology, Inc. | 0.07% | 1.51% | 1.44% |
| LLYEli Lilly & Co. | 0.06% | 1.39% | 1.33% |
| TSLATesla Inc | 0.03% | 1.36% | 1.33% |
| JPMJpmorgan Chase & Co. | -0.10% | 1.45% | 1.55% |
79.2% of IVV is already inside IALT.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IALT or IVV?
IALT has an expense ratio of 0.99% while IVV charges 0.03%. IVV is the cheaper option, by $96 a year on a $10,000 investment.
What is the holdings overlap between IALT and IVV?
79.2% of IVV's money is in holdings IALT also owns. 79.2% of IVV's is in holdings IALT also owns. They hold 439 positions in common, counted across the 1,584 positions we hold weights for in IALT and 505 in IVV.
Which pays a higher dividend, IALT or IVV?
IALT yields 0.39% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than IALT?
IVV has a lower expense ratio. IALT is less concentrated, with 7.7% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.