IALT iShares Systematic Alternatives Active ETF

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

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IALT — —
Key stats
About

iShares Systematic Alternatives Active ETF (IALT) ETF

No description available.

Exchange
XNAS
Inception
2025-12-09
Has Options
No
Homepage
https://www.ishares.com/us
Fund profile
holdings as of Oct 19, 2026issuer datathrough Jul 2026flows, SEC filings
Alternative Multi-Strategy#1 of 22 by assets iShares Actively managed
Expense ratio
0.99%
issuer, Oct 21, 2026
Assets
$7.7B
issuer-reported, Oct 19, 2026
Trailing yield
0.38%
paid semi-annual
Average daily volume
$110M
30 sessions
Holdings
2,199
top 10 are 58.1%
Listed
Dec 9, 2025
Nasdaq
Net asset value
$29.74
issuer, Oct 20, 2026 · closed +0.05% to NAV
Median bid/ask spread
0.03%
30 days, issuer-reported
30-day SEC yield
2.74%
issuer, Oct 19, 2026
Distributions, 12 months
$0.11 a share
issuer, through Jun 15, 2026: 92% income · 8% capital gains
Closure risk, 12 months
0.2%
low: age · model
FrenzyCap ETF score
72
how it is built
Cost37
Liquidity100
Scale86
Diversification86

Moves with. US large-cap stocks (24% of its variance, beta 0.26); Gold (9% of its variance, beta 0.05). These factors explain 39% of its daily moves over the last year.

Stated objective. The iShares Systematic Alternatives Active ETF (the Fund) seeks total return over the long term. (from the fund's prospectus)

All 2,199 holdingsFlow historyOverlap toolAll Multi-Strategy ETFs

Fund flows
daily as of Oct 20, 2026issuer datathrough Jul 2026SEC filings
Oct 20, 2026
+$19M
latest day
Latest 5 trading days
+$88M
Latest 21 trading days
+$1.7B
+21.7% of assets
Year to date
+$7.4B
Each day
Net creations of IALT by day, Sep 22, 2026 to Oct 20, 2026
DayNet flow
Oct 20, 2026+$19M
Oct 19, 2026+$12M
Oct 16, 2026+$17M
Oct 15, 2026+$26M
Oct 14, 2026+$14M
Oct 13, 2026+$62M
Oct 12, 2026+$53M
Oct 9, 2026+$91M
Oct 8, 2026+$45M
Oct 7, 2026+$64M
Oct 6, 2026+$7.2M
Oct 5, 2026+$280M
Oct 2, 2026+$17M
Oct 1, 2026+$43M
Sep 30, 2026+$7.1M
Sep 29, 2026+$4.8M
Sep 28, 2026+$76M
Sep 25, 2026+$88M
Sep 24, 2026+$726M
Sep 23, 2026+$14M
Sep 22, 2026+$4.7M

Daily figures are the change in shares outstanding times net asset value, both as the issuer publishes them each day.

Jul 2026
+$378M
latest reported month
Latest 3 months
+$822M
+15.5% of assets
Latest 12 months
—
Dec 2025: +$74MDecJan 2026: +$10M+$10MJanFeb 2026: +$17MFebMar 2026: +$21MMarApr 2026: +$75MAprMay 2026: +$369MMayJul 2026: +$378M+$378MJul
View as a table
Net flows of IALT by month, Dec 2025 to Jul 2026
MonthNet flow
Jul 2026+$378M
May 2026+$369M
Apr 2026+$75M
Mar 2026+$21M
Feb 2026+$17M
Jan 2026+$10M
Dec 2025+$74M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 7 months ago

Similar funds
FundOverlapFeeAssets1Y
XOVREntrepreneurShares Series Trust ERShares Private-Public Crossover ETF—1.81%$1.5B+2.3%compare
PCEFInvesco CEF Income Composite ETF—2.71%$749M−3.3%compare
LALTFirst Trust Multi-Strategy Alternative ETF—1.18%$429M+8.4%compare
CEFSSaba Opportunistically Hedged Closed-End Funds ETF—2.61%$426M+5.9%compare
GPZVanEck Alternative Asset Manager ETF—0.40%$224M−17.1%compare

The largest other funds in the Multi-Strategy category.

Look-through: what the holdings say
weights as of Oct 19, 2026issuer data
Holdings vs fair value
+0.1%
0% under, 0% over · 96% covered
Short interest
3.8%
of float, weighted · 1.8 days to cover
Insider buying
0%
of weight had net insider buying, 90 days; 0% net selling
Reporting earnings
0.0%
of weight in 7 days; 95.8% in 14
Largest contributors below fair value
SPCX+0%
Largest contributors above fair value
Holdings reporting in the next 14 days
SPCX11/03 · 0.2% · ±8.3%

Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.

Under the hood
fiscal year to Apr 30, 2026SEC census
Authorized participants
3 active
of 38 with agreements; top 3 did 100%
Created · redeemed
$204M · $0
over the fiscal year
Redemptions in kind
0%
creations 0% in kind
Creation unit
80,000
shares
Securities lending
0.09%
of assets on loan on average; earned 0.0 bp

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-10-20
Holdings
2228
AUM
$7.8B
Provider
iShares (BlackRock)
Inception
2025-12-09
Exchange
XNAS
Data As Of
2026-10-20
Expense Ratio
0.99%
Dividend Yield
0.38%
Distribution
Semi-Annual
Recent distributions
Ex-Date Pay Date Amount Type
2026-06-15 2026-06-18 $0.0791 CD
2025-12-30 2026-01-05 $0.0343 SC
Asset Allocation
Top Holdings
top 50 of 2228 holdings
Symbol Name Weight % Asset Class Country
— TREASURY BILL 14.22% Cash/Money Market US
— TREASURY BILL 12.05% Cash/Money Market US
— TREASURY NOTE 6.20% Treasury US
— TREASURY NOTE 3.78% Treasury US
— TREASURY NOTE 3.77% Treasury US
— TREASURY NOTE 3.73% Treasury US
— TREASURY BILL 3.71% Cash/Money Market US
— TREASURY BILL 3.60% Cash/Money Market US
— TREASURY BILL 3.21% Cash/Money Market US
— TREASURY BILL 3.07% Cash/Money Market US
— TREASURY NOTE 3.05% Treasury US
— CASH COLLATERAL USD GSCFT 2.75% Cash/Money Market US
— TREASURY BILL 2.48% Cash/Money Market US
— TREASURY BILL 2.30% Cash/Money Market US
— TREASURY BILL 2.05% Cash/Money Market US
— TREASURY NOTE (OLD) 1.95% Treasury US
— TREASURY BILL 1.93% Cash/Money Market US
— TREASURY BILL 1.80% Cash/Money Market US
— CASH COLLATERAL USD XBNPU 1.79% Cash/Money Market US
— TREASURY BILL 1.56% Cash/Money Market US
— TREASURY BILL 1.48% Cash/Money Market US
— TREASURY BILL 1.47% Cash/Money Market US
— TREASURY BILL 1.46% Cash/Money Market US
— TREASURY BILL 1.44% Cash/Money Market US
— TREASURY BILL 1.44% Cash/Money Market US
— TREASURY BILL 1.42% Cash/Money Market US
— TREASURY BILL 1.35% Cash/Money Market US
— TREASURY BILL 1.35% Cash/Money Market US
— TREASURY BILL 1.29% Cash/Money Market US
— TREASURY BILL 1.29% Cash/Money Market US
— TREASURY BILL 1.16% Cash/Money Market US
— TREASURY BILL 1.16% Cash/Money Market US
— CHF CASH 1.00% Cash/Money Market CH
— CANADIAN NATURAL RESOURCES LTD (swap) 0.95% Derivative CA
— GOLDMAN SACHS GROUP (swap) 0.95% Derivative US
— COSTCO WHOLESALE CORP (swap) 0.94% Derivative US
— TORONTO DOMINION (swap) 0.93% Derivative CA
— BANK OF AMERICA (swap) 0.84% Derivative US
— ADOBE INC (swap) 0.80% Derivative US
— CASH COLLATERAL USD MSINT 0.78% Cash/Money Market US
— SUNCOR ENERGY INC (swap) 0.76% Derivative CA
— ENEL (swap) 0.75% Derivative IT
— AXA SA (swap) 0.75% Derivative FR
— PARKER-HANNIFIN (swap) 0.74% Derivative US
— NEWMONT (swap) 0.71% Derivative US
— ACCENTURE PLC CLASS A (swap) 0.70% Derivative US
— ILLINOIS TOOL INC (swap) 0.69% Derivative US
— CASH COLLATERAL USD GSISW 0.69% Cash/Money Market US
— CASH COLLATERAL GSCFT EUR 0.69% Cash/Money Market EU
— CITIGROUP (swap) 0.66% Derivative US
Non-Equity Breakdown
iShares Systematic Alternatives Active ETF · NPORT-P period 2026-07-31 (filed 2026-09-25)
Net assets: $5.32B · 3238 total positions · equity 0.17% · non-equity 126.07%
Non-equity holdings — 3235 positions, 126.07% of NAV
Category Weight Value Positions
Short-term investment 95.43% $5.08B 32
Derivative (equity) 28.65% $1.52B 2676
Derivative (credit) 1.48% $78.6M 4
Derivative (commodity) 0.21% $11.1M 13
Derivative (interest rate) 0.18% $9.7M 34
Derivative (FX) 0.13% $6.9M 476
Chart
Seasonality
'25'26Avg
Jan--2.11%2.11%
Feb--1.55%1.55%
Mar--2.49%2.49%
Apr--2.55%2.55%
May--0.21%0.21%
Jun---1.43%-1.43%
Jul--2.06%2.06%
Aug--0.94%0.94%
Sep--2.93%2.93%
Oct--0.03%*0.03%
Nov------
Dec0.60%--0.60%
Total0.60%14.19%7.39%
* Only 2 year(s) of data available.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $29.89
SMA 50: $29.48
SMA 200: $27.98
Current: $29.85
EMA 12: $29.85
EMA 26: $29.76
MACD: 0.0919 | Signal: -0.0530
BULLISH
ADX (14): 26.29
TREND
+DI: 18.09
−DI: 15.80

Momentum Oscillators

RSI (14): 54.79
NEUTRAL
Stoch %K: 20.63
Stoch %D: 17.23
Williams %R: -69.12

Volume & Volatility

BB Upper: $30.12
BB Lower: $29.65
NEUTRAL
OBV: 82,437,438
Vol SMA 20: 2,962,406
Vol ROC: -33.69%
ATR: $0.22
True Range: $0.13
HV 20: 5.0%
HV 30: 6.2%
HV 60: 6.6%

Data Summary

Data Points: 217
Last Updated:
Date Range: 2025-12-10T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
All IALT news →

IALT Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.3221
Alpha: 15.59%
Correlation: 0.5470
R-Squared: 29.9%
Stock Volatility: 7.5%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 216
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time

IALT Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

403 filers178,789,868 shares$5.04B value
# Filer Shares Value % of Total % of Float Period
1 Envestnet Asset Management, Inc. 50,663,703 $1.42B 28.22% — 2026-06-30
2 LPL Financial LLC Custodian 21,732,229 $609.59M 12.11% — 2026-06-30
3 JPMorgan Chase & Co Custodian 10,676,181 $300.11M 5.96% — 2026-06-30
4 Morgan Stanley Custodian 5,509,230 $154.53M 3.07% — 2026-06-30
5 Envestnet Portfolio Solutions, Inc. 5,023,371 $140.91M 2.80% — 2026-06-30
6 PARK AVENUE SECURITIES LLC 3,894,852 $109.25M 2.17% — 2026-06-30
7 MML INVESTORS SERVICES, LLC 3,583,114 $100.51M 2.00% — 2026-06-30
8 Cetera Investment Advisers Custodian 3,489,256 $97.87M 1.94% — 2026-06-30
9 Bank of New York Mellon Corp Custodian 3,176,236 $89.09M 1.77% — 2026-06-30
10 Janney Montgomery Scott LLC 2,964,562 $83.16M 1.65% — 2026-06-30
11 BlackRock, Inc. Custodian 2,961,952 $83.08M 1.65% — 2026-06-30
12 Foundations Investment Advisors, LLC 2,729,797 $76.57M 1.52% — 2026-06-30
13 OneDigital Investment Advisors LLC 2,408,810 $67.57M 1.34% — 2026-06-30
14 Sanctuary Advisors, LLC 2,241,899 $62.89M 1.25% — 2026-06-30
15 Advocacy Wealth Management, LLC 2,116,253 $59.36M 1.18% — 2026-06-30
16 NewEdge Advisors, LLC 2,106,903 $59.10M 1.17% — 2026-06-30
17 Merit Financial Group, LLC Custodian 1,644,090 $46.12M 0.92% — 2026-06-30
18 UNITED CAPITAL FINANCIAL ADVISORS, LLC 1,435,675 $40.09M 0.80% — 2026-06-30
19 COMMONWEALTH EQUITY SERVICES, LLC 1,210,835 $33.96M 0.67% — 2026-06-30
20 SK Wealth Management, LLC 1,170,248 $33.87M 0.67% — 2026-06-30
21 JB Capital LLC 1,151,918 $32.31M 0.64% — 2026-06-30
22 Stifel Financial Corp Custodian 1,062,594 $29.81M 0.59% — 2026-06-30
23 Equitable Holdings, Inc. 1,053,590 $29.55M 0.59% — 2026-06-30
24 Jane Street Group, LLC Custodian 1,023,364 $28.71M 0.57% — 2026-06-30
25 Sumitomo Mitsui Trust Group, Inc. 987,034 $27.69M 0.55% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month