Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IALT vs MTUM: how they differ
IALT and MTUM hold 0% of their weight in the same names.
iShares Systematic Alternatives Active ETF and iShares MSCI USA Momentum Factor ETF.
What they hold in common
By the books each fund has filed, IALT and MTUM hold 0% of their money in the same securities at the same weight.
| Only in IALT | Only in MTUM |
|---|---|
| Intercontinental Exchange, Inc. 17.26% | MICRON TECHNOLOGY, INC. 5.57% |
| PRIME SECSRVC BRW/FINANC 1.29% | BROADCOM INC. 5.41% |
| PHINIA INC 0.94% | NVIDIA CORPORATION 4.65% |
| DISH DBS CORP 0.21% | ADVANCED MICRO DEVICES, INC. 4.04% |
| DISH DBS CORP 0.19% | INTEL CORPORATION 3.84% |
| DISH DBS CORP 0.10% | JOHNSON & JOHNSON 3.76% |
| LAM RESEARCH CORPORATION 3.62% | |
| EXXON MOBIL CORPORATION 3.44% |
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.
| IALT iShares Systematic Alternatives Active ETF | MTUM iShares MSCI USA Momentum Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Systematic Alternatives Active | MSCI USA Momentum Factor |
| Total return, 1 year | +17.4% | +21.8% |
| S&P 500 over the same days | +12.1% | +17.5% |
| Gap to the S&P 500 | +5.4 pts | +4.3 pts |
| Expense ratio | not published | 0.15% |
| Already in the S&P 500 | 54.9% | 98.2% |
| Holdings | 8 | 125 |
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%.
MTUM in plain words
MTUM is an index equity fund tracking the MSCI USA Momentum Factor. Over the year to Sep 11, 2026 it returned +21.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 125 positions, with the top ten at 40.5%. It sat 11.1% below its high of Jun 22, 2026 on Sep 11, 2026.
Questions people ask
- How much do IALT and MTUM overlap with the S&P 500?
- By their latest filed holdings, 55% of IALT and 98% of MTUM 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 MTUM, data as of Sep 12, 2026. https://etfiq.com/compare/any/IALT-MTUM Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources