IALT vs SCHD
iShares Systematic Alternatives Active ETF vs Schwab US Dividend Equity ETF
Which is better, IALT or SCHD?
Multi Alternative against Large Cap Value.
SCHD 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 | SCHD |
|---|---|---|
| Expense Ratio | 0.99% | 0.06%Best |
| AUM | $7.0B | $108.9B |
| Dividend Yield | 0.39% | 3.00% |
| Holdings | 2,527 | 206 |
| YTD Return | +17.92% | +20.67%Best |
| 1Y Return | - | +22.79% |
| 3Y Return (annualized) | - | +15.93% |
| 5Y Return (annualized) | - | +9.26% |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Dec 9, 2025 | Oct 20, 2011 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
IALT 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 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 SCHD Performance
iShares Systematic Alternatives Active ETF (IALT) is an ETF from iShares by BlackRock (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Year to date, IALT is up 17.92% versus a gain of 20.67% for SCHD.
Past performance does not guarantee future results.
Fees and Cost Over Time
IALT charges 0.99% per year while SCHD charges 0.06%. On a $10,000 position that is $99 vs $6 annually, a gap of $93 per year that compounds over a long holding period. On income, IALT currently yields 0.39% against 3.00% for SCHD.
Holdings Overlap
At least 93.7% of SCHD'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 SCHD is already inside IALT. Owning both mostly buys the same companies twice.
54 positions in common, counted across the 1,699 positions we hold weights for in IALT and 99 in SCHD, against full books of 2,527 and 206.
Top Shared Holdings
| Stock | Weight in IALT | Weight in SCHD | Difference |
|---|---|---|---|
| CVXChevron Corp | 0.81% | 4.29% | 3.48% |
| MRKMerck & Company Inc | 0.05% | 4.77% | 4.72% |
| ABTAbbott Laboratories | -0.02% | 4.44% | 4.46% |
| AMGNAmgen Inc. | 0.15% | 4.24% | 4.09% |
| VZVerizon Communications Inc Vz | 0.24% | 4.12% | 3.88% |
| KOCoca Cola Co. | -0.02% | 4.26% | 4.28% |
| COPConocophillips Common Stock USD 0.01 | -0.08% | 4.19% | 4.27% |
| PGProcter & Gamble Company | 0.14% | 3.94% | 3.80% |
| UNHUnitedhealth Group Incorporated | 0.20% | 3.82% | 3.62% |
| HDHome Depot Inc/The | -0.07% | 3.75% | 3.82% |
93.7% of SCHD 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 SCHD?
IALT has an expense ratio of 0.99% while SCHD charges 0.06%. SCHD is the cheaper option, by $93 a year on a $10,000 investment.
What is the holdings overlap between IALT and SCHD?
At least 93.7% of SCHD's money is in holdings IALT also owns. Our book for IALT is partial, so the real figure is this or higher. They hold 54 positions in common, counted across the 1,699 positions we hold weights for in IALT and 99 in SCHD.
Which pays a higher dividend, IALT or SCHD?
IALT yields 0.39% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than IALT?
SCHD has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.