Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
IALT vs SCHB: how they differ
IALT and SCHB hold 0% of their weight in the same names.
iShares Systematic Alternatives Active ETF and Schwab U.S. Broad Market ETF.
What they hold in common
By the books each fund has filed, IALT and SCHB hold 0% of their money in the same securities at the same weight.
| Only in IALT | Only in SCHB |
|---|---|
| Intercontinental Exchange, Inc. 17.26% | NVIDIA Corp. 6.64% |
| PRIME SECSRVC BRW/FINANC 1.29% | Apple, Inc. 5.82% |
| PHINIA INC 0.94% | Microsoft Corp. 3.80% |
| DISH DBS CORP 0.21% | Amazon.com, Inc. 3.20% |
| DISH DBS CORP 0.19% | Alphabet, Inc. 2.87% |
| DISH DBS CORP 0.10% | Broadcom, Inc. 2.45% |
| Alphabet, Inc. 2.29% | |
| Micron Technology, Inc. 1.78% |
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 | SCHB Schwab U.S. Broad Market ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Schwab |
| What it is | Systematic Alternatives Active | US broad market |
| Total return, 1 year | +17.4% | +17.2% |
| S&P 500 over the same days | +12.1% | +17.5% |
| Gap to the S&P 500 | +5.4 pts | −0.3 pts |
| Already in the S&P 500 | 54.9% | 88.3% |
| Holdings | 8 | 2497 |
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%.
SCHB in plain words
SCHB is an index equity fund tracking the US broad market. Over the year to Sep 11, 2026 it returned +17.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Jun 30, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 2497 positions, with the top ten at 32.2%.
Questions people ask
- How much do IALT and SCHB overlap with the S&P 500?
- By their latest filed holdings, 55% of IALT and 88% of SCHB 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 SCHB, data as of Sep 13, 2026. https://etfiq.com/compare/any/ialt-vs-schb Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources