Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
EWY vs IALT: how they differ
EWY and IALT hold 0% of their weight in the same names.
iShares MSCI South Korea ETF and iShares Systematic Alternatives Active ETF.
What they hold in common
By the books each fund has filed, EWY and IALT hold 0% of their money in the same securities at the same weight.
| Only in EWY | Only in IALT |
|---|---|
| SK hynix Inc. 31.02% | Intercontinental Exchange, Inc. 17.26% |
| SAMSUNG ELECTRO-MECHANICS CO.,LTD 3.44% | PRIME SECSRVC BRW/FINANC 1.29% |
| SK Square Co., Ltd. 3.10% | PHINIA INC 0.94% |
| HYUNDAI MOTOR COMPANY 2.45% | DISH DBS CORP 0.21% |
| KB Financial Group Inc. 1.40% | DISH DBS CORP 0.19% |
| HYUNDAI MOBIS CO.,LTD 1.22% | DISH DBS CORP 0.10% |
| DOOSAN ENERBILITY CO., LTD. 1.22% | |
| SAMSUNG SDI CO., LTD. 1.15% |
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.
| EWY iShares MSCI South Korea ETF | IALT iShares Systematic Alternatives Active ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI South Korea | Systematic Alternatives Active |
| Total return, 1 year | +147.9% | +17.4% |
| S&P 500 over the same days | +17.5% | +12.1% |
| Gap to the S&P 500 | +130.4 pts | +5.4 pts |
| Expense ratio | 0.59% | not published |
| Already in the S&P 500 | 0.0% | 54.9% |
| Holdings | 82 | 8 |
EWY in plain words
EWY is an index equity fund tracking the MSCI South Korea. Over the year to Sep 11, 2026 it returned +147.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.59% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 82 positions, with the top ten at 70.0%. It sat 13.9% below its high of Jun 18, 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 EWY and IALT overlap with the S&P 500?
- By their latest filed holdings, 0% of EWY 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.
Other comparisons
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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, EWY against IALT, data as of Sep 12, 2026. https://etfiq.com/compare/any/EWY-IALT Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources