IALT vs VOO
iShares Systematic Alternatives Active ETF vs Vanguard S&P 500 ETF
Which is better, IALT or VOO?
Multi Alternative against Large Cap Blend.
VOO has a lower expense ratio. IALT is less concentrated, with 7.7% of the fund in its ten largest positions against 36.4%.
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 | VOO |
|---|---|---|
| Expense Ratio | 0.99% | 0.03%Best |
| AUM | $5.7B | $997.4B |
| Dividend Yield | 0.39% | 1.04% |
| Holdings | 2,311 | 509 |
| YTD Return | +15.08%Best | +11.55% |
| 1Y Return | - | +17.54% |
| 3Y Return (annualized) | - | +20.71% |
| 5Y Return (annualized) | - | +12.80% |
| Top 10 Weight | 7.7%Best | 36.4% |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Dec 9, 2025 | Sep 7, 2010 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
IALT vs VOO 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 VOO Performance
iShares Systematic Alternatives Active ETF (IALT) is an ETF from iShares by BlackRock (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Year to date, IALT is up 15.08% versus a gain of 11.55% for VOO.
Past performance does not guarantee future results.
Fees and Cost Over Time
IALT charges 0.99% per year while VOO 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 1.04% for VOO.
Holdings Overlap
45.0% of IALT's money is in holdings VOO also owns. 79.5% of VOO's money is in holdings IALT also owns.
Most of VOO is already inside IALT. Owning both mostly buys the same companies twice.
435 positions in common, counted across the 1,584 positions we hold weights for in IALT and 505 in VOO, against full books of 2,311 and 509.
What only one of them owns
Our book lists 67 positions for VOO that do not appear in our book for IALT (20.2% of the fund), and 184 for IALT that do not appear in VOO (13.2%).
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 VOO | Difference |
|---|---|---|---|
| AAPLApple, Inc | 0.21% | 6.59% | 6.38% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 0.19% | 4.30% | 4.11% |
| GOOGLAlphabet A Usd 0.001 | 0.05% | 3.25% | 3.20% |
| GOOGAlphabet Inc | 0.31% | 2.59% | 2.28% |
| AVGOBroadcom Inc | 0.04% | 2.77% | 2.73% |
| MUMicron Technology, Inc. | 0.07% | 2.02% | 1.95% |
| METAMeta Platforms, Inc. | 0.00% | 1.92% | 1.92% |
| TSLATesla Inc | 0.03% | 1.84% | 1.81% |
| LLYEli Lilly & Co. | 0.06% | 1.47% | 1.41% |
| BACBank Of America Corp. | 0.69% | 0.58% | 0.11% |
79.5% of VOO 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 VOO?
IALT has an expense ratio of 0.99% while VOO charges 0.03%. VOO is the cheaper option, by $96 a year on a $10,000 investment.
What is the holdings overlap between IALT and VOO?
79.5% of VOO's money is in holdings IALT also owns. 79.5% of VOO's is in holdings IALT also owns. They hold 435 positions in common, counted across the 1,584 positions we hold weights for in IALT and 505 in VOO.
Which pays a higher dividend, IALT or VOO?
IALT yields 0.39% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than IALT?
VOO has a lower expense ratio. IALT is less concentrated, with 7.7% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.