QAITX vs. IALT

Last updated Jul 17, 2026

QAITX (Q3 All-Weather Tactical Fund) and IALT (iShares Systematic Alternatives Active ETF) are both funds - QAITX is a Tactical Allocation fund managed by Q3 Asset Management Corporation, while IALT is a Multistrategy fund actively managed by iShares. At a 0.46 correlation, their price movements are largely independent. QAITX charges 1.36%/yr vs 0.99%/yr for IALT.

Performance

QAITX vs. IALT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Q3 All-Weather Tactical Fund (QAITX) and iShares Systematic Alternatives Active ETF (IALT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QAITX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IALT

• 1D: -0.19%
• 1M: 0.55%
• 6M: 10.17%
• YTD: 12.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QAITX vs. IALT - Yearly Performance Comparison

	2026 (YTD)	2025
QAITX Q3 All-Weather Tactical Fund	6.52%	-1.81%
IALT iShares Systematic Alternatives Active ETF	12.72%	0.83%

Correlation

The correlation between QAITX and IALT is 0.46, 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	0.46

Return for Risk

QAITX vs. IALT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Q3 All-Weather Tactical Fund (QAITX) 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.

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

Drawdowns

Drawdown Indicators

	QAITX	IALT	Difference
Max Drawdown Largest peak-to-trough decline	—	-2.27%	—
Current Drawdown Current decline from peak	—	-0.44%	—
Average Drawdown Average peak-to-trough decline	—	-0.48%	—

Volatility

Volatility by Period

	QAITX	IALT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	7.75%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	7.75%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	7.75%	—

QAITX vs. IALT - Expense Ratio Comparison

QAITX has a 1.36% expense ratio, which is higher than IALT's 0.99% expense ratio.

Dividends

QAITX vs. IALT - Dividend Comparison

QAITX's dividend yield for the trailing twelve months is around 1.19%, more than IALT's 0.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
IALT iShares Systematic Alternatives Active ETF	0.40%	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%
QAITX Q3 All-Weather Tactical Fund	1.19%	1.85%	0.00%	0.00%	0.00%	7.77%	7.57%

Frequently Asked Questions

Can I hold both QAITX and IALT in my portfolio?

QAITX and IALT have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.