CEFS vs IALT
Saba Opportunistically Hedged Closed-End Funds ETF against iShares Systematic Alternatives Active ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
0%
0 shared positions
Fee gap
162 bp
IALT is cheaper
1-year return gap
—
Larger fund
IALT
$7.7B
Side by side
| CEFS | IALT | |
|---|---|---|
| Fund | Saba Opportunistically Hedged Closed-End Funds ETF | iShares Systematic Alternatives Active ETF |
| Issuer | Saba | iShares |
| Category | Multi-Strategy | Multi-Strategy |
| Expense ratio | 2.61% | 0.99% |
| Assets | $426M | $7.7B |
| Average daily dollar volume | $2.2M | $110M |
| Listed | Mar 20, 2017 | Dec 9, 2025 |
| FrenzyCap score | 36 | 72 |
| 1-month return | −4.1% | −0.4% |
| 3-month return | −4.5% | +3.1% |
| Year to date | +4.7% | +17.7% |
| 1-year return | +5.9% | — |
| 30-day volatility | 12.8% | 6.3% |
| Worst drawdown, 1 year | −7.4% | −2.3% |
| Trailing 12-month yield | 7.93% | 0.38% |
| Holdings | 74 | 2,199 |
| Top 10 weight | 50.8% | 58.1% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | +0.1% |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$2.8M thru May 2026 | +$822M thru Jul 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of May 31, 2026SEC filing | as of Oct 19, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
0% of CEFS · 0% of IALTNo holdings in common.
Sector mix of the stock holdings
| Sector | CEFS | IALT | Gap |
|---|---|---|---|
| Technology | 0.0% | 0.2% | −0.2% |
More: full overlap table · CEFS holdings · IALT holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.