IALT vs. MOOD
IALT (iShares Systematic Alternatives Active ETF) and MOOD (Relative Sentiment Tactical Allocation ETF) are both exchange-traded funds - IALT is a Multistrategy fund actively managed by iShares, while MOOD is a Tactical Allocation fund actively managed by Relative Sentiment. Both are actively managed. At a 0.49 correlation, their price movements are largely independent. IALT charges 0.99%/yr vs 0.73%/yr for MOOD.
Performance
IALT vs. MOOD - Performance Comparison
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Returns By Period
In the year-to-date period, IALT achieves a 12.70% return, which is significantly lower than MOOD's 14.02% return.
IALT
- 1D
- -0.14%
- 1M
- 0.63%
- 6M
- 10.58%
- YTD
- 12.70%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MOOD
- 1D
- 0.18%
- 1M
- 0.32%
- 6M
- 9.75%
- YTD
- 14.02%
- 1Y
- 31.55%
- 3Y*
- 20.27%
- 5Y*
- —
- 10Y*
- —
IALT vs. MOOD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IALT iShares Systematic Alternatives Active ETF | 12.70% | 0.83% |
MOOD Relative Sentiment Tactical Allocation ETF | 14.02% | 1.74% |
Correlation
The correlation between IALT and MOOD is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 10, 2025 | 0.49 |
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Return for Risk
IALT vs. MOOD — Risk / Return Rank
IALT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MOOD
IALT vs. MOOD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Systematic Alternatives Active ETF (IALT) and Relative Sentiment Tactical Allocation ETF (MOOD). 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.
| IALT | MOOD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.41 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.21 | — |
| Martin ratioReturn relative to average drawdown | — | 9.79 | — |
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Drawdowns
IALT vs. MOOD - Drawdown Comparison
The maximum IALT drawdown since its inception was -2.27%, smaller than the maximum MOOD drawdown of -14.34%. Use the drawdown chart below to compare losses from any high point for IALT and MOOD.
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Drawdown Indicators
| IALT | MOOD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.27% | -14.34% | +12.07% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.71% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -9.71% | — |
Current DrawdownCurrent decline from peak | -0.46% | -1.43% | +0.97% |
Average DrawdownAverage peak-to-trough decline | -0.48% | -2.31% | +1.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.18% | — |
Volatility
IALT vs. MOOD - Volatility Comparison
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Volatility by Period
| IALT | MOOD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.14% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.57% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 7.82% | 14.67% | -6.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.82% | 12.13% | -4.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.82% | 12.13% | -4.31% |
IALT vs. MOOD - Expense Ratio Comparison
IALT has a 0.99% expense ratio, which is higher than MOOD's 0.73% expense ratio.
Dividends
IALT vs. MOOD - Dividend Comparison
IALT's dividend yield for the trailing twelve months is around 0.40%, more than MOOD's 0.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
IALT iShares Systematic Alternatives Active ETF | 0.40% | 0.14% | 0.00% | 0.00% | 0.00% |
MOOD Relative Sentiment Tactical Allocation ETF | 0.35% | 0.40% | 1.33% | 1.34% | 1.43% |
Frequently Asked Questions
IALT and MOOD have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MOOD is cheaper at 0.73% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MOOD is cheaper with a 0.73% expense ratio, compared with 0.99% for IALT.
IALT has the higher dividend yield at 0.40%, compared with 0.35% for MOOD.
IALT is categorized as Multistrategy, while MOOD is Tactical Allocation. They also come from different issuers: iShares and Relative Sentiment. Their fees differ too: 0.99% for IALT and 0.73% for MOOD.
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