Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
IALT vs IWC: how they differ
IALT and IWC hold 0% of their weight in the same names.
iShares Systematic Alternatives Active ETF and iShares Micro-Cap ETF.
What they hold in common
By the books each fund has filed, IALT and IWC hold 0% of their money in the same securities at the same weight.
| Only in IALT | Only in IWC |
|---|---|
| Intercontinental Exchange, Inc. 17.26% | CAREDX 0.61% |
| PRIME SECSRVC BRW/FINANC 1.29% | SELLAS LIFE SCIENCES GROUP INC 0.60% |
| PHINIA INC 0.94% | NURIX THERAPEUTICS 0.59% |
| DISH DBS CORP 0.21% | PENGUIN SOLUTIONS INC 0.58% |
| DISH DBS CORP 0.19% | OUSTER 0.52% |
| DISH DBS CORP 0.10% | VIRIDIAN THERAPEUTICS ORS 0.48% |
| INTERFACE 0.47% | |
| MBX BIOSCIENCES 0.45% |
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 Sep 10, 2026.
| IALT iShares Systematic Alternatives Active ETF | IWC iShares Micro-Cap ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Systematic Alternatives Active | Russell Microcap |
| Total return, 1 year | +17.4% | +31.3% |
| S&P 500 over the same days | +12.1% | +17.5% |
| Gap to the S&P 500 | +5.4 pts | +13.8 pts |
| Already in the S&P 500 | 54.9% | 91.9% |
| Holdings | 8 | 1252 |
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%.
IWC in plain words
IWC is an index equity fund tracking the Russell Microcap. Over the year to Sep 11, 2026 it returned +31.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Sep 10, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1252 positions, with the top ten at 5.1%. It sat 5.0% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- How much do IALT and IWC overlap with the S&P 500?
- By their latest filed holdings, 55% of IALT and 92% of IWC 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
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.
Cite this page. ETFIQ, IALT against IWC, data as of Sep 13, 2026. https://etfiq.com/compare/any/ialt-vs-iwc Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources