Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IALT vs IWM: how they differ
IALT and IWM hold 0% of their weight in the same names.
iShares Systematic Alternatives Active ETF and iShares Russell 2000 ETF.
What they hold in common
By the books each fund has filed, IALT and IWM hold 0% of their money in the same securities at the same weight.
| Only in IALT | Only in IWM |
|---|---|
| Intercontinental Exchange, Inc. 17.26% | Moog, Inc. 0.38% |
| PRIME SECSRVC BRW/FINANC 1.29% | Hut 8 Corp. 0.37% |
| PHINIA INC 0.94% | Viasat, Inc. 0.35% |
| DISH DBS CORP 0.21% | BrightSpring Health Services, Inc. 0.35% |
| DISH DBS CORP 0.19% | Cytokinetics, Inc. 0.35% |
| DISH DBS CORP 0.10% | MaxLinear, Inc. 0.34% |
| Argan, Inc. 0.34% | |
| UMB Financial Corp. 0.33% |
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 Jun 30, 2026.
| IALT iShares Systematic Alternatives Active ETF | IWM iShares Russell 2000 ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Systematic Alternatives Active | Russell 2000 |
| Total return, 1 year | +17.4% | +21.2% |
| S&P 500 over the same days | +12.1% | +17.5% |
| Gap to the S&P 500 | +5.4 pts | +3.7 pts |
| Expense ratio | not published | 0.19% |
| Already in the S&P 500 | 54.9% | 0.0% |
| Holdings | 8 | 2014 |
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%.
IWM in plain words
IWM is an index equity fund tracking the Russell 2000. Over the year to Sep 11, 2026 it returned +21.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.19% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2014 positions, with the top ten at 3.4%. It sat 5.3% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- How much do IALT and IWM overlap with the S&P 500?
- By their latest filed holdings, 55% of IALT and 0% of IWM 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
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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 IWM, data as of Sep 12, 2026. https://etfiq.com/compare/any/IALT-IWM Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources