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AGFiQ US Market Neutral Anti-Beta Fund (BTAL)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS00110G4082
CUSIP00110G408
IssuerAGF
Inception DateSep 13, 2011
RegionNorth America (U.S.)
CategoryLong-Short
Leveraged1x
Index TrackedDow Jones U.S. Thematic Market Neutral Anti-Beta Total Return Index
Asset ClassAlternatives

Expense Ratio

BTAL has a high expense ratio of 2.11%, indicating higher-than-average management fees.


Expense ratio chart for BTAL: current value at 2.11% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%2.11%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons: BTAL vs. CCOR, BTAL vs. CPB, BTAL vs. TAIL, BTAL vs. SPY, BTAL vs. SCHK, BTAL vs. ARKK, BTAL vs. AVUV, BTAL vs. KMLM, BTAL vs. VOO, BTAL vs. AVDV

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in AGFiQ US Market Neutral Anti-Beta Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%100.00%200.00%300.00%400.00%MayJuneJulyAugustSeptemberOctober
-12.87%
395.79%
BTAL (AGFiQ US Market Neutral Anti-Beta Fund)
Benchmark (^GSPC)

Returns By Period

AGFiQ US Market Neutral Anti-Beta Fund had a return of 15.04% year-to-date (YTD) and 2.65% in the last 12 months. Over the past 10 years, AGFiQ US Market Neutral Anti-Beta Fund had an annualized return of 0.42%, while the S&P 500 had an annualized return of 11.99%, indicating that AGFiQ US Market Neutral Anti-Beta Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date15.04%21.91%
1 month-4.69%4.70%
6 months6.09%13.50%
1 year2.65%33.69%
5 years (annualized)-2.38%14.40%
10 years (annualized)0.42%11.99%

Monthly Returns

The table below presents the monthly returns of BTAL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20248.26%-1.09%-0.72%5.55%1.31%1.82%-1.27%4.18%-2.87%15.04%
2023-6.36%-0.55%3.29%2.70%-5.44%-5.30%-4.90%5.38%5.64%6.19%-4.84%-10.28%-15.11%
20225.23%-4.49%2.63%8.51%1.76%7.56%-8.40%-0.85%2.78%1.92%-0.29%3.69%20.48%
20211.42%-11.01%-0.53%-1.30%-1.87%1.99%1.83%-0.81%-0.35%-1.41%1.91%3.92%-6.81%
20205.69%0.43%9.27%-3.39%1.25%-3.14%2.46%-5.29%-0.13%-3.09%-14.96%-1.85%-13.86%
2019-4.04%-0.93%2.57%-1.25%6.69%-3.48%1.67%8.93%-2.39%-0.55%-2.67%-2.59%1.07%
2018-3.30%0.15%3.78%-0.13%-0.39%3.99%-0.74%1.00%0.52%5.57%-0.23%4.31%15.11%
2017-2.06%0.29%2.07%1.23%3.90%-3.64%-0.22%0.40%-4.08%0.64%-1.06%0.69%-2.12%
20169.48%-0.18%-2.21%-3.12%0.14%8.44%-5.89%-2.27%-1.65%1.57%-9.08%1.44%-4.74%
20153.20%-5.68%0.00%-4.03%-0.46%-1.51%5.39%2.51%4.01%-5.18%-0.70%3.35%0.15%
2014-0.79%-1.09%2.87%2.36%-0.57%-1.64%2.50%-2.59%1.48%0.76%2.35%2.94%8.68%
2013-4.67%3.38%-0.74%1.67%-5.11%0.67%-2.65%-1.50%-2.79%0.61%-0.51%-2.76%-13.79%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of BTAL is 8, indicating that it is in the bottom 8% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of BTAL is 88
Combined Rank
The Sharpe Ratio Rank of BTAL is 88Sharpe Ratio Rank
The Sortino Ratio Rank of BTAL is 88Sortino Ratio Rank
The Omega Ratio Rank of BTAL is 88Omega Ratio Rank
The Calmar Ratio Rank of BTAL is 88Calmar Ratio Rank
The Martin Ratio Rank of BTAL is 88Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for AGFiQ US Market Neutral Anti-Beta Fund (BTAL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


BTAL
Sharpe ratio
The chart of Sharpe ratio for BTAL, currently valued at 0.19, compared to the broader market0.002.004.000.19
Sortino ratio
The chart of Sortino ratio for BTAL, currently valued at 0.38, compared to the broader market0.005.0010.000.38
Omega ratio
The chart of Omega ratio for BTAL, currently valued at 1.05, compared to the broader market1.001.502.002.503.001.05
Calmar ratio
The chart of Calmar ratio for BTAL, currently valued at 0.10, compared to the broader market0.005.0010.0015.000.10
Martin ratio
The chart of Martin ratio for BTAL, currently valued at 0.45, compared to the broader market0.0020.0040.0060.0080.00100.000.45
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.63, compared to the broader market0.002.004.002.63
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.52, compared to the broader market0.005.0010.003.52
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.48, compared to the broader market1.001.502.002.503.001.48
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 2.32, compared to the broader market0.005.0010.0015.002.32
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 16.07, compared to the broader market0.0020.0040.0060.0080.00100.0016.07

Sharpe Ratio

The current AGFiQ US Market Neutral Anti-Beta Fund Sharpe ratio is 0.19. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of AGFiQ US Market Neutral Anti-Beta Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00MayJuneJulyAugustSeptemberOctober
0.19
2.63
BTAL (AGFiQ US Market Neutral Anti-Beta Fund)
Benchmark (^GSPC)

Dividends

Dividend History

AGFiQ US Market Neutral Anti-Beta Fund granted a 5.34% dividend yield in the last twelve months. The annual payout for that period amounted to $1.04 per share.


PeriodTTM202320222021202020192018
Dividend$1.04$1.04$0.21$0.00$0.00$0.20$0.09

Dividend yield

5.34%6.14%1.01%0.00%0.00%0.88%0.39%

Monthly Dividends

The table displays the monthly dividend distributions for AGFiQ US Market Neutral Anti-Beta Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.04$1.04
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.21$0.21
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.20$0.20
2018$0.09$0.09

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%MayJuneJulyAugustSeptemberOctober
-20.39%
0
BTAL (AGFiQ US Market Neutral Anti-Beta Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the AGFiQ US Market Neutral Anti-Beta Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the AGFiQ US Market Neutral Anti-Beta Fund was 38.36%, occurring on Nov 8, 2021. The portfolio has not yet recovered.

The current AGFiQ US Market Neutral Anti-Beta Fund drawdown is 20.39%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-38.36%Mar 13, 2020419Nov 8, 2021
-29.53%Oct 4, 20111281Jan 12, 2018500Mar 9, 20201781
-2.13%Sep 27, 20111Sep 27, 20112Sep 29, 20113
-1.62%Sep 14, 20112Sep 15, 20114Sep 21, 20116
-1.45%Mar 10, 20201Mar 10, 20202Mar 12, 20203

Volatility

Volatility Chart

The current AGFiQ US Market Neutral Anti-Beta Fund volatility is 3.67%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%MayJuneJulyAugustSeptemberOctober
3.67%
2.82%
BTAL (AGFiQ US Market Neutral Anti-Beta Fund)
Benchmark (^GSPC)