How much do CTA and IALT overlap with the S&P 500?

By their latest filed holdings, 0% of CTA and 55% of IALT by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

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

ETFIQetfiq.com · independent ETF data

CTA vs IALT: how they differ

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

Simplify Managed Futures Strategy ETF and iShares Systematic Alternatives Active ETF.

What they hold in common

By the books each fund has filed, CTA 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 CTA	Only in IALT
SIMPLIFY EXCHANGE TRADED FUNDS 81.69%	Intercontinental Exchange, Inc. 17.26%
UNITED STATES OF AMERICA - BUREAU OF THE 3.72%	PRIME SECSRVC BRW/FINANC 1.29%
UNITED STATES OF AMERICA - BUREAU OF THE 3.44%	PHINIA INC 0.94%
UNITED STATES OF AMERICA - BUREAU OF THE 2.76%	DISH DBS CORP 0.21%
UNITED STATES OF AMERICA - BUREAU OF THE 2.75%	DISH DBS CORP 0.19%
UNITED STATES OF AMERICA - BUREAU OF THE 2.20%	DISH DBS CORP 0.10%
UNITED STATES OF AMERICA - BUREAU OF THE 1.37%
UNITED STATES OF AMERICA - BUREAU OF THE 1.07%

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 Jun 30, 2026.

CTA and IALT on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	CTA Simplify Managed Futures Strategy ETF	IALT iShares Systematic Alternatives Active ETF
Where it sits	Core index fund	Core index fund
Issuer	Simplify	iShares
What it is	Simplify Managed Futures Strategy	Systematic Alternatives Active
Total return, 1 year	+17.0%	+17.4%
S&P 500 over the same days	+17.5%	+12.1%
Gap to the S&P 500	−0.5 pts	+5.4 pts
Expense ratio	0.75%	not published
Already in the S&P 500	0.0%	54.9%
Holdings	10	8

CTA in plain words

CTA is an index equity fund tracking the Simplify Managed Futures Strategy. Over the year to Sep 11, 2026 it returned +17.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.75% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 10 positions, with the top ten at 100.0%. It sat 5.3% below its high of May 4, 2026 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%.

Questions people ask

How much do CTA and IALT overlap with the S&P 500?: By their latest filed holdings, 0% of CTA and 55% of IALT by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

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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.

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

A comparison is not a recommendation. Standards and sources