Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GLDM vs IALT: how they differ
GLDM is a commodity fund and IALT an equity index fund.
SPDR Gold MiniShares Trust and iShares Systematic Alternatives Active ETF.
| GLDM SPDR Gold MiniShares Trust | IALT iShares Systematic Alternatives Active ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Gold MiniShares | Systematic Alternatives Active |
| Total return, 1 year | +19.4% | +17.4% |
| S&P 500 over the same days | +17.5% | +12.1% |
| Gap to the S&P 500 | +1.9 pts | +5.4 pts |
| Holdings | not filed | 8 |
GLDM in plain words
GLDM is a commodity fund tracking the Gold MiniShares. Over the year to Sep 11, 2026 it returned +19.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. It sat 19.4% 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
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, GLDM against IALT, data as of Sep 12, 2026. https://etfiq.com/compare/any/GLDM-IALT Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources