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.
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 | $7.0B | $1.0T |
| Dividend Yield | 0.39% | 1.04% |
| Holdings | 2,527 | 506 |
| YTD Return | +17.92%Best | +12.75% |
| 1Y Return | - | +15.60% |
| 3Y Return (annualized) | - | +22.95% |
| 5Y Return (annualized) | - | +13.55% |
| 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, Top 10 Weight.
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 17.92% versus a gain of 12.75% 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
At least 97.3% of VOO'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 VOO is already inside IALT. Owning both mostly buys the same companies twice.
465 positions in common, counted across the 1,699 positions we hold weights for in IALT and 494 in VOO, against full books of 2,527 and 506.
Top Shared Holdings
| Stock | Weight in IALT | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 0.12% | 7.55% | 7.43% |
| AAPLApple, Inc | 0.03% | 7.05% | 7.02% |
| MSFTMicrosoft Corp | 0.15% | 5.36% | 5.21% |
| AMZNAmazon.Com Inc | 0.02% | 4.13% | 4.11% |
| GOOGLAlphabet Inc,class A | 0.11% | 3.24% | 3.13% |
| AVGOBroadcom Inc | 0.04% | 2.86% | 2.82% |
| GOOGAlphabet Inc. C | 0.17% | 2.62% | 2.45% |
| METAMeta Platforms Inc | 0.08% | 1.90% | 1.82% |
| MUMicron Technology, Inc. | 0.08% | 1.44% | 1.36% |
| COSTCostco Wholesale Corp. | 0.86% | 0.66% | 0.20% |
97.3% 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?
At least 97.3% of VOO's money is in holdings IALT also owns. Our book for IALT is partial, so the real figure is this or higher. They hold 465 positions in common, counted across the 1,699 positions we hold weights for in IALT and 494 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. Which one suits a particular account depends on what it is for. This is information, not a recommendation.