Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GLD vs IALT: how they differ
GLD is a commodity fund and IALT an equity index fund.
SPDR Gold Shares and iShares Systematic Alternatives Active ETF.
| GLD SPDR Gold Shares | IALT iShares Systematic Alternatives Active ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | State Street | iShares |
| What it is | Gold | Systematic Alternatives Active |
| Total return, 1 year | +19.1% | +17.4% |
| S&P 500 over the same days | +17.5% | +12.1% |
| Gap to the S&P 500 | +1.6 pts | +5.4 pts |
| Expense ratio | 0.40% | not published |
| Holdings | not filed | 8 |
GLD in plain words
GLD is a commodity fund tracking the Gold. Over the year to Sep 11, 2026 it returned +19.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.40% a year. It sat 19.6% below its high of Jan 29, 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%.
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Where these figures came from
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Cite this page. ETFIQ, GLD against IALT, data as of Sep 12, 2026. https://etfiq.com/compare/any/GLD-IALT Free to use with attribution; the underlying files are at Open data.
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