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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 VBR: how they differ

IALT and VBR hold 0% of their weight in the same names.

iShares Systematic Alternatives Active ETF and Vanguard Small-Cap Value Index Fund.

What they hold in common

By the books each fund has filed, IALT and VBR hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in IALTOnly in VBR
Intercontinental Exchange, Inc. 17.26%Jabil Inc 0.87%
PRIME SECSRVC BRW/FINANC 1.29%NRG Energy Inc 0.66%
PHINIA INC 0.94%Tapestry Inc 0.64%
DISH DBS CORP 0.21%Atmos Energy Corp 0.62%
DISH DBS CORP 0.19%Williams-Sonoma Inc 0.59%
DISH DBS CORP 0.10%Moderna Inc 0.54%
Smurfit Westrock PLC 0.52%
F5 Inc 0.50%

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 and VBR on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
IALT
iShares Systematic Alternatives Active ETF
VBR
Vanguard Small-Cap Value Index Fund
Where it sitsCore index fundCore index fund
IssueriSharesVanguard
What it isSystematic Alternatives ActiveSmall-Cap Value
Total return, 1 year+17.4%+16.3%
S&P 500 over the same days+12.1%+17.5%
Gap to the S&P 500+5.4 pts−1.2 pts
Expense rationot published0.05%
Already in the S&P 50054.9%30.5%
Holdings8840

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%.

VBR in plain words

VBR is an index equity fund tracking the Small-Cap Value. Over the year to Sep 11, 2026 it returned +16.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. By its holdings filed for Jun 30, 2026, 30% of the fund by weight is stocks the S&P 500 also holds, across 840 positions, with the top ten at 5.9%. It sat 3.8% below its high of Aug 14, 2026 on Sep 11, 2026.

Questions people ask

How much do IALT and VBR overlap with the S&P 500?
By their latest filed holdings, 55% of IALT and 30% of VBR 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.

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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.

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

A comparison is not a recommendation. Standards and sources