BPLSX vs. IALT
BPLSX (Boston Partners Long/Short Equity Fund Institutional Class) and IALT (iShares Systematic Alternatives Active ETF) are both funds - BPLSX is a Long-Short fund actively managed by Boston Partners, while IALT is a Multistrategy fund actively managed by iShares. Both are actively managed. Their 0.30 correlation means their historical movements had little consistent relationship. BPLSX charges 2.04%/yr vs 0.99%/yr for IALT.
Performance
BPLSX vs. IALT - Performance Comparison
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Returns By Period
In the year-to-date period, BPLSX achieves a 21.39% return, which is significantly higher than IALT's 13.61% return.
BPLSX
- 1D
- 0.06%
- 1M
- 3.95%
- 6M
- 19.66%
- YTD
- 21.39%
- 1Y
- 38.41%
- 3Y*
- 34.21%
- 5Y*
- 25.12%
- 10Y*
- 13.74%
- ALL TIME*
- 11.71%
IALT
- 1D
- 0.14%
- 1M
- 2.17%
- 6M
- 10.96%
- YTD
- 13.61%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $39.70M | $35.42M | $112.35M |
BPLSX vs. IALT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BPLSX Boston Partners Long/Short Equity Fund Institutional Class | 21.39% | 2.69% |
IALT iShares Systematic Alternatives Active ETF | 13.61% | 0.83% |
Correlation
The correlation between BPLSX and IALT is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 10, 2025 | 0.30 |
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Return for Risk
BPLSX vs. IALT — Risk / Return Rank
BPLSX
IALT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BPLSX vs. IALT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Boston Partners Long/Short Equity Fund Institutional Class (BPLSX) and iShares Systematic Alternatives Active ETF (IALT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BPLSX | IALT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.63 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 7.05 | — | — |
| Martin ratioReturn relative to average drawdown | 25.75 | — | — |
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Drawdowns
BPLSX vs. IALT - Drawdown Comparison
The maximum BPLSX drawdown since its inception was -43.20%, which is greater than IALT's maximum drawdown of -2.27%. Use the drawdown chart below to compare losses from any high point for BPLSX and IALT.
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Drawdown Indicators
| BPLSX | IALT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.20% | -2.27% | -40.93% |
Max Drawdown (1Y)Largest decline over 1 year | -5.23% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -24.58% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -24.58% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -37.28% | — | — |
Current DrawdownCurrent decline from peak | -0.34% | -0.76% | +0.42% |
Average DrawdownAverage peak-to-trough decline | -6.27% | -0.49% | -5.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.43% | — | — |
Volatility
BPLSX vs. IALT - Volatility Comparison
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Volatility by Period
| BPLSX | IALT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.77% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 8.41% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.65% | 8.03% | +2.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.69% | 8.03% | +19.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.87% | 8.03% | +14.84% |
BPLSX vs. IALT - Expense Ratio Comparison
BPLSX has a 2.04% expense ratio, which is higher than IALT's 0.99% expense ratio.
Dividends
BPLSX vs. IALT - Dividend Comparison
BPLSX's dividend yield for the trailing twelve months is around 6.54%, more than IALT's 0.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BPLSX Boston Partners Long/Short Equity Fund Institutional Class | 6.54% | 7.93% | 44.35% | 22.61% | 12.63% | 4.36% | 38.62% | 10.22% | 8.85% | 0.76% | 0.00% | 9.19% |
IALT iShares Systematic Alternatives Active ETF | 0.40% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BPLSX and IALT have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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