IALT vs QQQ
iShares Systematic Alternatives Active ETF vs Invesco QQQ Trust, Series 1
Which is better, IALT or QQQ?
Multi Alternative against Large Cap Growth.
QQQ has a lower expense ratio.
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 | QQQ |
|---|---|---|
| Expense Ratio | 0.99% | 0.18%Best |
| AUM | $7.0B | $498.6B |
| Dividend Yield | 0.39% | 0.42% |
| Holdings | 2,527 | 321 |
| YTD Return | +18.44% | +22.67%Best |
| 1Y Return | - | +24.33% |
| 3Y Return (annualized) | - | +29.05% |
| 5Y Return (annualized) | - | +17.00% |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | Dec 9, 2025 | Mar 10, 1999 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
IALT vs QQQ 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 QQQ Performance
iShares Systematic Alternatives Active ETF (IALT) is an ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Year to date, IALT is up 18.44% versus a gain of 22.67% for QQQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
IALT charges 0.99% per year while QQQ charges 0.18%. On a $10,000 position that is $99 vs $18 annually, a gap of $81 per year that compounds over a long holding period. On income, IALT currently yields 0.39% against 0.42% for QQQ.
Holdings Overlap
At least 97.4% of QQQ's money is in holdings IALT also owns.
Only one direction is shown: for IALT, our book for it lists positions totalling 106.3% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
Most of QQQ is already inside IALT. Owning both mostly buys the same companies twice.
94 positions in common, counted across the 1,699 positions we hold weights for in IALT and 102 in QQQ, against full books of 2,527 and 321.
Top Shared Holdings
| Stock | Weight in IALT | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 0.12% | 8.45% | 8.33% |
| AAPLApple, Inc | 0.03% | 7.80% | 7.77% |
| MSFTMicrosoft Corp | 0.15% | 5.88% | 5.73% |
| MUMicron Technology, Inc. | 0.08% | 4.85% | 4.77% |
| AMZNAmazon.Com Inc | 0.02% | 4.41% | 4.39% |
| AMDAdvanced Micro Devices Inc | 0.08% | 3.71% | 3.63% |
| GOOGLAlphabet Inc,class A | 0.11% | 3.15% | 3.04% |
| METAMeta Platforms Inc | 0.08% | 3.07% | 2.99% |
| GOOGAlphabet Inc. C | 0.17% | 2.93% | 2.76% |
| AVGOBroadcom Inc | 0.04% | 2.74% | 2.70% |
97.4% of QQQ 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 QQQ?
IALT has an expense ratio of 0.99% while QQQ charges 0.18%. QQQ is the cheaper option, by $81 a year on a $10,000 investment.
What is the holdings overlap between IALT and QQQ?
At least 97.4% of QQQ's money is in holdings IALT also owns. Our book for IALT is partial, so the real figure is this or higher. They hold 94 positions in common, counted across the 1,699 positions we hold weights for in IALT and 102 in QQQ.
Which pays a higher dividend, IALT or QQQ?
IALT yields 0.39% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than IALT?
QQQ has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.