FDATvsIALTETF Comparison
Tactical Advantage ETF (FDAT) and iShares Systematic Alternatives Active ETF (IALT) belong to the same industry segment: Multi-Asset: Other. FDAT is more expensive with a Total Expense Ratio (TER) of 1.16%, versus 0.99% for IALT. FDAT is up 3.97% year-to-date (YTD) with +$1M in YTD flows. IALT performs better with 18.36% YTD performance, and +$7.31B in YTD flows. Run a side-by-side ETF comparison of FDAT and IALT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
FDAT vs IALT performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FDAT IALT | -0.94%+1.51% | -0.92%+4.79% | +3.97%+18.36% | +1.79%n/a | +30.91%n/a | n/an/a |
| Flows | FDAT IALT | -$444K+$1.71B | -$218K+$2.36B | +$1M+$7.31B | +$2M- | +$11M- | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FDAT IALT | +6.86%+5.23% | +9.51%n/a | +9.60%n/a | n/an/a |
| Max drawdown | FDAT IALT | -3.87%-1.97% | -5.87%n/a | -8.08%n/a | n/an/a |
| Max drawdown duration | FDAT IALT | 60d15d | 82dn/a | 254dn/a | n/an/a |
FDAT | IALT | |
Last sale 10/16/2026 at 1:30 PM | $21.84 | $29.71 |
| Previous close 10/15/2026 | $21.99 | $29.88 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
FDAT | IALT | |
|---|---|---|
| Last price | $21.84 | $29.71 |
| 1D performance | -0.70% | -0.57% |
| AuM | $35.83 M | $7.69 B |
| E/R | 1.16% | 0.99% |
FDAT | IALT | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Toroso Asset Management | iShares |
| Benchmark | - | - |
| N° of holdings | - | - |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 20, 2023 | December 10, 2025 |
| ESG | No | No |
