Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IALT vs IEMG: how they differ
IALT and IEMG hold 0% of their weight in the same names.
iShares Systematic Alternatives Active ETF and iShares Core MSCI Emerging Markets ETF.
What they hold in common
By the books each fund has filed, IALT and IEMG hold 0% of their money in the same securities at the same weight.
| Only in IALT | Only in IEMG |
|---|---|
| Intercontinental Exchange, Inc. 17.26% | Taiwan Semiconductor Manufacturing Compa 12.52% |
| PRIME SECSRVC BRW/FINANC 1.29% | SK hynix Inc. 5.83% |
| PHINIA INC 0.94% | Tencent Holdings Limited 2.38% |
| DISH DBS CORP 0.21% | Alibaba Group Holding Limited 1.83% |
| DISH DBS CORP 0.19% | MediaTek Inc. 1.42% |
| DISH DBS CORP 0.10% | DELTA ELECTRONICS, INC. 1.03% |
| HON HAI PRECISION INDUSTRY CO., LTD. 0.79% | |
| Samsung Electronics Co., Ltd. 0.74% |
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.
| IALT iShares Systematic Alternatives Active ETF | IEMG iShares Core MSCI Emerging Markets ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Systematic Alternatives Active | Core MSCI Emerging Markets |
| Total return, 1 year | +17.4% | +30.6% |
| S&P 500 over the same days | +12.1% | +17.5% |
| Gap to the S&P 500 | +5.4 pts | +13.1 pts |
| Expense ratio | not published | 0.09% |
| Already in the S&P 500 | 54.9% | 0.0% |
| Holdings | 8 | 2695 |
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%.
IEMG in plain words
IEMG is an index equity fund tracking the Core MSCI Emerging Markets. Over the year to Sep 11, 2026 it returned +30.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% 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 2695 positions, with the top ten at 34.1%. It sat 4.0% below its high of Jun 22, 2026 on Sep 11, 2026.
Questions people ask
- How much do IALT and IEMG overlap with the S&P 500?
- By their latest filed holdings, 55% of IALT and 0% of IEMG 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
Where to next
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 IEMG, data as of Sep 12, 2026. https://etfiq.com/compare/any/IALT-IEMG Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources