Data as of Nov 4, 2026.

vsCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Across categories

IVV vs LALT: Differences, Returns & Fees

Share
Share on XDownload as PDF

Over the year to Nov 4, 2026, IVV returned +14.8% to LALT's +12.0%, and IVV charges 0.03% to LALT's 1.18%.

askIQ about this page

askIQ about IVV and LALT

Net assets on Nov 3, 2026: $872.0bn for iShares Core S&P 500 ETF and $442m for First Trust Multi-Strategy Alternative ETF.

At a glance
+14.8%
IVV total return, 1 year
+12.0%
LALT total return, 1 year
0.03%
IVV expense ratio
1.18%
LALT expense ratio

Pair scorecard

IVV costs 1.15 points a year less; their one-year returns differ by 2.8 points; IVV is far larger, $872.0bn against $442m.

IVV vs LALT: Differences, Returns & Fees
MeasureIVVLALT
Return
Total return, 1 year+14.8%+12.0%
Total return, 52 weeks+11.6%
Against its benchmark
What it tracksS&P 500not published
Treasury bills, 52 weeks+3.7%
Against cash8.0 points ahead
Cost and size
Expense ratio0.03%1.18%
Net assets, as of Nov 3, 2026$872.0bn$442m
Holdings
Holdings in commonnot published
In the S&P 500, by weight100%
Top ten holdings, share of the fund37.3%
Risk
Correlation with the S&P 500’s weekly returns+0.34
Beta to the S&P 500+0.17: about 0.17% for each 1%
Its average week when the S&P 500 fellfell 0.10%
Down-week capture8.9%
Weeks the S&P 500 fell26 of 52, by 1.07% on average

Method

Side by side

IVV iShares Core S&P 500 ETF LALT First Trust Multi-Strategy Alternative ETF
Where it sits Stock ETF Alternatives ETF
What it is Tracks the S&P 500 Multi-strategy
Total return, 1 year +14.8% +12.0%
Its benchmark over the same days +14.8% (SPY) not measured
Gap to its benchmark 0.0 pts vs SPY not measured
Expense ratio 0.03% 1.18%
Holdings 505 not read by ETFIQ
Net assets, as of Nov 3, 2026 $872.0bn $442m

IVV and LALT on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

Alert

IVV and LALT flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
IVV

IVV tracks the S&P 500. Over the year to Nov 4, 2026 it returned +14.8% with distributions reinvested, against +14.8% for its benchmark, the S&P 500. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Nov 3, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 37.3%.

LALT

LALT is a multi-strategy fund. ETFIQ measures what every alternatives fund is sold on: whether it moves differently from the stock market. Over the year to Nov 4, 2026, its weekly returns had a correlation of +0.34 with the S&P 500’s and a beta of +0.17, so for each 1% the index moved it moved about 0.17% the same way. The S&P 500 fell in 26 of those 52 weeks, by 1.07% on average. In the same weeks LALT fell 0.10% on average, a down-week capture of 8.9%. Over the same 52 weeks LALT returned +11.6% and a Treasury bill fund +3.7%, so it finished 8.0 percentage points ahead of cash.

Questions people ask

Are IVV and LALT in the same category?
IVV is a stock ETF and LALT is an alternatives ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, IVV or LALT?
In the year to Nov 4, 2026, with distributions reinvested, IVV returned +14.8% and LALT +12.0%.
Which is cheaper, IVV or LALT?
IVV is cheaper, by 1.15 percentage points a year. That is about $115 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
Cite this pageCitation, APA and Markdown

ETFIQ, IVV against LALT, data as of Nov 4, 2026. https://etfiq.com/compare/any/ivv-vs-lalt

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.