Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

BITO vs IALT: how they differ

BITO and IALT hold 0% of their weight in the same names.

ProShares Bitcoin ETF and iShares Systematic Alternatives Active ETF.

What they hold in common

By the books each fund has filed, BITO and IALT hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in BITO	Only in IALT
ProShares GENIUS Money Market ETF 100.00%	Intercontinental Exchange, Inc. 17.26%
	PRIME SECSRVC BRW/FINANC 1.29%
	PHINIA INC 0.94%
	DISH DBS CORP 0.21%
	DISH DBS CORP 0.19%
	DISH DBS CORP 0.10%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.

BITO and IALT on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	BITO ProShares Bitcoin ETF	IALT iShares Systematic Alternatives Active ETF
Where it sits	Core index fund	Core index fund
Issuer	ProShares	iShares
What it is	Bitcoin	Systematic Alternatives Active
Total return, 1 year	−34.8%	+17.4%
S&P 500 over the same days	+17.5%	+12.1%
Gap to the S&P 500	−52.3 pts	+5.4 pts
Expense ratio	0.95%	not published
Holdings	1	8

BITO in plain words

BITO is a digital asset fund tracking the Bitcoin. Over the year to Sep 11, 2026 it returned −34.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.95% a year. It sat 40.3% below its high of Oct 6, 2025 on Sep 11, 2026.

IALT in plain words

IALT is an index equity fund tracking the Systematic Alternatives Active. By its holdings filed for Apr 30, 2026, 55% of the fund by weight is stocks the S&P 500 also holds, across 8 positions, with the top ten at 100.0%.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

BITO against IALT, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, BITO against IALT, data as of Sep 12, 2026. https://etfiq.com/compare/any/BITO-IALT Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources