Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IALT vs LQD: how they differ
IALT is an equity index fund and LQD a bond index fund.
iShares Systematic Alternatives Active ETF and iShares iBoxx $ Investment Grade Corporate Bond ETF.
| IALT iShares Systematic Alternatives Active ETF | LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Systematic Alternatives Active | US investment grade bonds |
| Total return, 1 year | +17.4% | −2.7% |
| S&P 500 over the same days | +12.1% | +17.5% |
| Gap to the S&P 500 | +5.4 pts | −20.2 pts |
| Expense ratio | not published | 0.14% |
| 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%.
LQD in plain words
LQD is a bond fund tracking the US investment grade bonds. Over the year to Sep 11, 2026 it returned −2.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.14% a year. It sat 6.4% below its high of Sep 22, 2021 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 LQD, data as of Sep 12, 2026. https://etfiq.com/compare/any/IALT-LQD Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources