Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IALT vs SPMO: how they differ
IALT and SPMO hold 0% of their weight in the same names.
iShares Systematic Alternatives Active ETF and Invesco S&P 500 Momentum ETF.
What they hold in common
By the books each fund has filed, IALT and SPMO hold 0% of their money in the same securities at the same weight.
| Only in IALT | Only in SPMO |
|---|---|
| Intercontinental Exchange, Inc. 17.26% | Micron Technology, Inc. 10.72% |
| PRIME SECSRVC BRW/FINANC 1.29% | NVIDIA Corp. 8.46% |
| PHINIA INC 0.94% | Broadcom Inc. 7.58% |
| DISH DBS CORP 0.21% | Alphabet Inc. 4.81% |
| DISH DBS CORP 0.19% | Advanced Micro Devices, Inc. 4.14% |
| DISH DBS CORP 0.10% | Johnson & Johnson 3.85% |
| Alphabet Inc. 3.81% | |
| Lam Research Corp. 3.54% |
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 | SPMO Invesco S&P 500 Momentum ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Invesco |
| What it is | Systematic Alternatives Active | S&P 500 Momentum |
| Total return, 1 year | +17.4% | +24.5% |
| S&P 500 over the same days | +12.1% | +17.5% |
| Gap to the S&P 500 | +5.4 pts | +7.0 pts |
| Expense ratio | not published | 0.13% |
| Already in the S&P 500 | 54.9% | 100.0% |
| Holdings | 8 | 99 |
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%.
SPMO in plain words
SPMO is an index equity fund tracking the S&P 500 Momentum. Over the year to Sep 11, 2026 it returned +24.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.13% a year. By its holdings filed for May 31, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 52.6%. It sat 8.3% below its high of Jun 22, 2026 on Sep 11, 2026.
Questions people ask
- How much do IALT and SPMO overlap with the S&P 500?
- By their latest filed holdings, 55% of IALT and 100% of SPMO 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 SPMO, data as of Sep 12, 2026. https://etfiq.com/compare/any/IALT-SPMO Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources