IALT vs QQQ
iShares Systematic Alternatives Active ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. IALT offers more diversification with 2,311 holdings.
Side-by-Side Comparison
| Metric | IALT | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.99% | 0.18% | |
| AUM | $5.5B | $496.3B | |
| Dividend Yield | 0.40% | 0.44% | |
| Holdings | 2,311 | 108 | |
| YTD Return | +14.49% | +16.64% | |
| 1Y Return | - | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | - | 30.6% | |
| Max Drawdown | -2.3% | -83.0% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Dec 9, 2025 | Mar 10, 1999 |
IALT vs QQQ Performance
iShares Systematic Alternatives Active ETF (IALT) is a ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Year to date, IALT is up 14.49% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -2.3% for IALT and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
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 0.40% against 0.44% for QQQ.
Holdings Overlap
IALT and QQQ share 87 holdings out of 1600 unique holdings combined, representing a 6.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $81 per year of difference.
What is the holdings overlap between IALT and QQQ?
IALT and QQQ share 87 common holdings with a 6.7% weight overlap. Combined, they hold 1600 unique securities.
Which pays a higher dividend, IALT or QQQ?
IALT yields 0.40% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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