---
ticker: "IALT"
name: "iShares Systematic Alternatives Active ETF"
url: "https://etf.net/etf/IALT"
grade: "B"
score: 63
graded_at: "2026-10-12"
category: "Alternative Strategies"
category_rank: "7 of 30"
methodology: "https://etf.net/methodology"
---

# IALT: iShares Systematic Alternatives Active ETF

Grade **B**, Score 63 of 100. Rank 7 of 30 in Alternative Strategies.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 55 | 13 of 30 |
| Mission | Not scored | — |
| Risk | 92 | 1 of 30 |
| Tradability | 64 | 7 of 30 |
| Holdings | 37 | 11 of 15 |
| Durability | 76 | 5 of 30 |

## Top holdings

The fund holds 1050 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Treasury Bill 04/15/2027 (Tbill) | 14.41% |
| 2 | — | Treasury Bill 08/05/2027 (Tbill) | 10.00% |
| 3 | — | Treasury Bill 10/20/2026 (Tbill) | 9.36% |
| 4 | — | Treasury Note 3.50% 10/15/2028 (Tnote) | 3.92% |
| 5 | — | Treasury Bill 05/13/2027 (Tbill) | 3.76% |
| 6 | — | Treasury Bill 02/04/2027 (Tbill) | 3.65% |
| 7 | — | Treasury Bill 07/08/2027 (Tbill) | 3.26% |
| 8 | — | Treasury Bill 06/10/2027 (Tbill) | 3.11% |
| 9 | — | Cash Collateral USD Xbnpu 12/31/2049 (Xbnpu) | 3.09% |
| 10 | — | Treasury Bill 01/12/2027 (Tbill) | 2.51% |
| 11 | — | Treasury Bill 02/25/2027 (Tbill) | 2.33% |
| 12 | — | Cash Collateral USD Gscft 12/31/2049 (Gscft) | 2.24% |
| 13 | — | Treasury Bill 12/10/2026 (Tbill) | 2.07% |
| 14 | — | Treasury Note 3.38% 09/15/2028 (Tnote) | 1.97% |
| 15 | — | Treasury Note (Old) 4.13% 08/31/2028 (Tnote) | 1.97% |
| 16 | — | Treasury Bill 11/05/2026 (Tbill) | 1.96% |
| 17 | — | Treasury Note 1.25% 09/30/2028 (Tnote) | 1.96% |
| 18 | — | Treasury Note 4.63% 09/30/2028 (Tnote) | 1.93% |
| 19 | — | Treasury Bill 01/21/2027 (Tbill) | 1.82% |
| 20 | — | Treasury Bill 01/14/2027 (Tbill) | 1.58% |
| 21 | — | Treasury Bill 10/15/2026 (Tbill) | 1.57% |
| 22 | — | Treasury Bill 11/17/2026 (Tbill) | 1.50% |
| 23 | — | Treasury Bill 11/03/2026 (Tbill) | 1.45% |
| 24 | — | Treasury Bill 12/03/2026 (Tbill) | 1.44% |
| 25 | — | Treasury Bill 12/17/2026 (Tbill) | 1.44% |
| 26 | — | Treasury Bill 11/19/2026 (Tbill) | 1.41% |
| 27 | — | Treasury Bill 02/11/2027 (Tbill) | 1.39% |
| 28 | — | Treasury Bill 10/22/2026 (Tbill) | 1.32% |
| 29 | — | Treasury Bill 03/04/2027 (Tbill) | 1.31% |
| 30 | — | Treasury Bill 12/08/2026 (Tbill) | 1.31% |

Source: etf.net, https://etf.net/etf/IALT. Please cite the page URL.