JIVE vs. IALT

Last updated Jun 24, 2026

JIVE (Jpmorgan International Value ETF) and IALT (iShares Systematic Alternatives Active ETF) are both exchange-traded funds - JIVE is a Foreign Large Cap Equities fund actively managed by JPMorgan, while IALT is a Multistrategy fund actively managed by iShares. Both are actively managed. A 0.50 correlation means they provide meaningful diversification when combined. JIVE charges 0.55%/yr vs 0.99%/yr for IALT.

Performance

JIVE vs. IALT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Jpmorgan International Value ETF (JIVE) and iShares Systematic Alternatives Active ETF (IALT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JIVE achieves a 14.48% return, which is significantly higher than IALT's 12.03% return.

JIVE

• 1D: -2.26%
• 1M: 0.23%
• YTD: 14.48%
• 6M: 14.57%
• 1Y: 40.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IALT

• 1D: -0.32%
• 1M: 0.62%
• YTD: 12.03%
• 6M: 12.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

JIVE vs. IALT - Yearly Performance Comparison

	2026 (YTD)	2025
JIVE Jpmorgan International Value ETF	14.48%	3.63%
IALT iShares Systematic Alternatives Active ETF	12.03%	0.83%

Correlation

The correlation between JIVE and IALT is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 10, 2025	0.50

Return for Risk

JIVE vs. IALT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JIVE

JIVE Risk / Return Rank: 83
JIVE Sharpe Ratio Rank: 87
JIVE Sortino Ratio Rank: 84
JIVE Omega Ratio Rank: 84
JIVE Calmar Ratio Rank: 78
JIVE Martin Ratio Rank: 79

IALT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JIVE vs. IALT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Jpmorgan International Value ETF (JIVE) 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.

	JIVE	IALT	Difference
Sharpe ratio: Return per unit of total volatility	2.70	—	—
Sortino ratio: Return per unit of downside risk	3.53	—	—
Omega ratio: Gain probability vs. loss probability	1.48	—	—
Calmar ratio: Return relative to maximum drawdown	3.88	—	—
Martin ratio: Return relative to average drawdown	14.85	—	—

Drawdowns

JIVE vs. IALT - Drawdown Comparison

The maximum JIVE drawdown since its inception was -13.79%, which is greater than IALT's maximum drawdown of -2.27%. Use the drawdown chart below to compare losses from any high point for JIVE and IALT.

Drawdown Indicators

	JIVE	IALT	Difference
Max Drawdown Largest peak-to-trough decline	-13.79%	-2.27%	-11.52%
Max Drawdown (1Y) Largest decline over 1 year	-10.57%	—	—
Current Drawdown Current decline from peak	-2.81%	-1.05%	-1.76%
Average Drawdown Average peak-to-trough decline	-1.95%	-0.39%	-1.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.75%	—	—

Volatility

Volatility by Period

	JIVE	IALT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.82%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.93%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.17%	7.80%	+7.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.14%	7.80%	+7.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.14%	7.80%	+7.34%

JIVE vs. IALT - Expense Ratio Comparison

JIVE has a 0.55% expense ratio, which is lower than IALT's 0.99% expense ratio.

Dividends

JIVE vs. IALT - Dividend Comparison

JIVE's dividend yield for the trailing twelve months is around 2.51%, more than IALT's 0.40% yield.

Position	TTM	2025	2024	2023
IALT iShares Systematic Alternatives Active ETF	0.40%	0.14%	0.00%	0.00%
JIVE Jpmorgan International Value ETF	2.51%	2.88%	2.48%	0.74%

Frequently Asked Questions

Can I hold both JIVE and IALT in my portfolio?

JIVE and IALT have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JIVE or IALT?

On fees, JIVE is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JIVE or IALT?

JIVE is cheaper with a 0.55% expense ratio, compared with 0.99% for IALT.

Which ETF pays a higher dividend yield, JIVE or IALT?

JIVE has the higher dividend yield at 2.51%, compared with 0.40% for IALT.

What is the main difference between JIVE and IALT?

JIVE is categorized as Foreign Large Cap Equities, while IALT is Multistrategy. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.55% for JIVE and 0.99% for IALT.