Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IALT vs IAU: how they differ
IALT is an equity index fund and IAU a commodity fund.
iShares Systematic Alternatives Active ETF and iShares Gold Trust.
| IALT iShares Systematic Alternatives Active ETF | IAU iShares Gold Trust | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Systematic Alternatives Active | Gold |
| Total return, 1 year | +17.4% | +19.2% |
| S&P 500 over the same days | +12.1% | +17.5% |
| Gap to the S&P 500 | +5.4 pts | +1.7 pts |
| Expense ratio | not published | 0.25% |
| Holdings | 8 | not filed |
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%.
IAU in plain words
IAU is a commodity fund tracking the Gold. Over the year to Sep 11, 2026 it returned +19.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. It sat 19.6% below its high of Jan 29, 2026 on Sep 11, 2026.
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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, IALT against IAU, data as of Sep 12, 2026. https://etfiq.com/compare/any/IALT-IAU Free to use with attribution; the underlying files are at Open data.
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