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iShares Systematic Alternatives Active ETF(IALT)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for IALT
11/13/2026: IALT (3-star) is currently NOT-A-BUY. Pass it for now.
IALT is an actively managed ETF that provides exposure to systematic alternative strategies, such as trend-following and carry, using a range of derivative instruments. Its main strengths include the potential for low correlation to stocks and bonds and the backing of BlackRock's extensive research team. It is primarily used as a portfolio diversifier to hedge against traditional market risks. Investors should be aware of risks related to derivative usage, model performance during non-trending markets, and active management uncertainty. It is best suited for sophisticated, long-term investors looking to enhance their risk-adjusted returns through non-traditional asset classes.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | This fund is designed for diversification and risk reduction rather than high-octane growth. |
| Momentum investor | Strong fit while signal remains positive | Systematic trend-following strategies are inherently aligned with momentum-based investment goals. |
| Value investor | Mixed fit | While it may employ value factors, it is not a traditional long-only value equity fund. |
| Dividend/Income investor | Weak fit | The fund is focused on total return through price appreciation and risk premia, not consistent dividend income. |
| Low-risk investor | Mixed fit | While it aims for low correlation, the use of derivatives and leverage can introduce complexity and volatility. |
Investor Profile
Ideal Investor Profile
The ideal investor is an experienced participant seeking to reduce total portfolio correlation and improve risk-adjusted returns through systematic alternative strategies.
Suitability
IALT is best suited for long-term investors looking to diversify their existing portfolio, rather than for active traders seeking short-term alpha or passive index followers.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium / high | Systematic strategies can experience periods of rapid drawdowns if market trends reverse abruptly. |
| Market risk | Medium | The fund is exposed to systemic risks across global asset classes. |
| Concentration | Low | The portfolio is broadly diversified across multiple asset classes and strategies. |
| Tracking/expense | Low | As an active fund, it does not aim to track a specific benchmark index perfectly. |
| Liquidity | Medium | Although the underlying derivatives are liquid, market stresses can impact execution costs. |
| Business/sector quality | Low / none | The fund invests in market exposures via derivatives, not individual companies. |
Sector & Industry Intelligence
This fund is not assigned to one sector.
Risk Analysis
Volatility
IALT is designed to participate in market movements, meaning its volatility is tied to the success of its underlying signals rather than a specific index.
Market Risk
The fund carries significant market risk through its derivative exposure, which allows it to have both long and short positions across multiple asset classes.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Derivatives | Diversified Multi-Asset Futures & Swaps (Equities, Bonds, FX, Commodities) | 90 | The fund uses derivatives to gain long and short exposure to global markets without needing to hold physical assets. |
| Cash/collateral | Cash and Cash Equivalents | 10 | Cash holdings serve as collateral for the derivative positions and provide liquidity for active rebalancing. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit 7.77% | Avg. Invested days 147 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  5.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 11/13/2026 |
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