Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GOVT vs IALT: how they differ
GOVT and IALT hold 0% of their weight in the same names.
iShares U.S. Treasury Bond ETF and iShares Systematic Alternatives Active ETF.
What they hold in common
By the books each fund has filed, GOVT and IALT hold 0% of their money in the same securities at the same weight.
| Only in GOVT | Only in IALT |
|---|---|
| United States of America 5.31% | Intercontinental Exchange, Inc. 17.26% |
| United States of America 2.96% | PRIME SECSRVC BRW/FINANC 1.29% |
| United States of America 2.63% | PHINIA INC 0.94% |
| United States of America 2.09% | DISH DBS CORP 0.21% |
| United States of America 1.61% | DISH DBS CORP 0.19% |
| United States of America 1.57% | DISH DBS CORP 0.10% |
| United States of America 1.53% | |
| United States of America 1.51% |
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.
| GOVT iShares U.S. Treasury Bond ETF | IALT iShares Systematic Alternatives Active ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | U.S. Treasury Bond | Systematic Alternatives Active |
| Total return, 1 year | −1.0% | +17.4% |
| S&P 500 over the same days | +17.5% | +12.1% |
| Gap to the S&P 500 | −18.5 pts | +5.4 pts |
| Expense ratio | 0.05% | not published |
| Holdings | 223 | 8 |
GOVT in plain words
GOVT is a bond fund tracking the U.S. Treasury Bond. Over the year to Sep 11, 2026 it returned −1.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. It sat 8.4% below its high of Aug 4, 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, GOVT against IALT, data as of Sep 12, 2026. https://etfiq.com/compare/any/GOVT-IALT Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources