Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
BND vs IALT: how they differ
BND is a bond index fund and IALT an equity index fund.
Vanguard Total Bond Market Index Fund and iShares Systematic Alternatives Active ETF.
| BND Vanguard Total Bond Market Index Fund | IALT iShares Systematic Alternatives Active ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | iShares |
| What it is | US aggregate bonds | Systematic Alternatives Active |
| Total return, 1 year | −0.7% | +17.4% |
| S&P 500 over the same days | +17.5% | +12.1% |
| Gap to the S&P 500 | −18.2 pts | +5.4 pts |
| Expense ratio | 0.03% | not published |
| Holdings | not filed | 8 |
BND in plain words
BND is a bond fund tracking the US aggregate bonds. Over the year to Sep 11, 2026 it returned −0.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. It sat 3.8% below its high of Aug 6, 2020 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.
Cite this page. ETFIQ, BND against IALT, data as of Sep 12, 2026. https://etfiq.com/compare/any/BND-IALT Free to use with attribution; the underlying files are at Open data.
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