Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

IALT vs USO: how they differ

IALT is an equity index fund and USO a commodity fund.

iShares Systematic Alternatives Active ETF and United States Oil Fund, LP.

IALT and USO on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	IALT iShares Systematic Alternatives Active ETF	USO United States Oil Fund, LP
Where it sits	Core index fund	Core index fund
Issuer	iShares	United
What it is	Systematic Alternatives Active	Oil
Total return, 1 year	+17.4%	+112.2%
S&P 500 over the same days	+12.1%	+17.5%
Gap to the S&P 500	+5.4 pts	+94.7 pts
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%.

USO in plain words

USO is a commodity fund tracking the Oil. Over the year to Sep 11, 2026 it returned +112.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. It sat 57.1% below its high of Apr 8, 2011 on Sep 11, 2026.

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.

IALT against USO, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IALT against USO, data as of Sep 12, 2026. https://etfiq.com/compare/any/IALT-USO Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources