Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IALT vs XOVR: how they differ
IALT and XOVR hold 0% of their weight in the same names.
iShares Systematic Alternatives Active ETF and ERShares Private-Public Crossover ETF.
What they hold in common
By the books each fund has filed, IALT and XOVR hold 0% of their money in the same securities at the same weight.
| Only in IALT | Only in XOVR |
|---|---|
| Intercontinental Exchange, Inc. 17.26% | Nvidia Corp 9.48% |
| PRIME SECSRVC BRW/FINANC 1.29% | Astera Labs Inc 7.75% |
| PHINIA INC 0.94% | Alphabet Inc 6.53% |
| DISH DBS CORP 0.21% | Meta Platforms Inc 4.47% |
| DISH DBS CORP 0.19% | Applovin Corp 3.95% |
| DISH DBS CORP 0.10% | Natera Inc 3.70% |
| Robinhood Markets Inc 3.56% | |
| Veeva Systems Inc 3.17% |
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 iShares Systematic Alternatives Active ETF | XOVR ERShares Private-Public Crossover ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | ERShares |
| What it is | Systematic Alternatives Active | Private-Public Crossover |
| Total return, 1 year | +17.4% | 0.0% |
| S&P 500 over the same days | +12.1% | +17.5% |
| Gap to the S&P 500 | +5.4 pts | −17.5 pts |
| Expense ratio | not published | 0.75% |
| Already in the S&P 500 | 54.9% | 43.4% |
| Holdings | 8 | 32 |
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%.
XOVR in plain words
XOVR is an index equity fund tracking the Private-Public Crossover. Over the year to Sep 11, 2026 it returned 0.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.75% a year. By its holdings filed for Jun 30, 2026, 43% of the fund by weight is stocks the S&P 500 also holds, across 32 positions, with the top ten at 63.1%. It sat 4.2% below its high of Oct 27, 2025 on Sep 11, 2026.
Questions people ask
- How much do IALT and XOVR overlap with the S&P 500?
- By their latest filed holdings, 55% of IALT and 43% of XOVR 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 XOVR, data as of Sep 12, 2026. https://etfiq.com/compare/any/IALT-XOVR Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources