iShares Systematic Alternatives Active ETF (IALT)

The iShares Systematic Alternatives Active ETF (IALT) is an actively managed exchange-traded fund from BlackRock's iShares that seeks returns with low correlation to traditional stock and bond markets.

The fund applies BlackRock's systematic, data-driven investment process to take long and short positions across asset classes such as equities, fixed income, currencies and commodities, often through derivatives. The goal is a diversifying alternative return stream in an ETF format.