AGFiQ US Market Neutral Anti-Beta Fund (BTAL)
BTAL is a passive ETF by AGF tracking the investment results of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Total Return Index. BTAL launched on Sep 13, 2011 and has a 2.11% expense ratio.
ETF Info
| ISIN | US00110G4082 |
|---|---|
| CUSIP | 00110G408 |
| Issuer | AGF |
| Inception Date | Sep 13, 2011 |
| Region | North America (U.S.) |
| Category | Long-Short |
| Leveraged | 1x |
| Index Tracked | Dow Jones U.S. Thematic Market Neutral Anti-Beta Total Return Index |
| Asset Class | Alternatives |
Expense Ratio
BTAL has a high expense ratio of 2.11%, indicating higher-than-average management fees.
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.
Returns By Period
AGFiQ US Market Neutral Anti-Beta Fund had a return of 14.45% year-to-date (YTD) and -1.96% in the last 12 months. Over the past 10 years, AGFiQ US Market Neutral Anti-Beta Fund had an annualized return of 0.59%, while the S&P 500 had an annualized return of 11.39%, indicating that AGFiQ US Market Neutral Anti-Beta Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 14.45% | 25.45% |
| 1 month | -0.51% | 2.91% |
| 6 months | 3.80% | 14.05% |
| 1 year | -1.96% | 35.64% |
| 5 years (annualized) | -2.02% | 14.13% |
| 10 years (annualized) | 0.59% | 11.39% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 8.26% | -1.09% | -0.72% | 5.55% | 1.31% | 1.82% | -1.27% | 4.18% | -2.87% | 1.22% | 14.45% | ||
| 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% |
| 2022 | 5.23% | -4.49% | 2.63% | 8.51% | 1.76% | 7.56% | -8.40% | -0.85% | 2.78% | 1.92% | -0.29% | 3.69% | 20.48% |
| 2021 | 1.42% | -11.01% | -0.53% | -1.30% | -1.87% | 1.99% | 1.83% | -0.81% | -0.35% | -1.41% | 1.91% | 3.92% | -6.81% |
| 2020 | 5.69% | 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% |
| 2016 | 9.48% | -0.18% | -2.21% | -3.12% | 0.14% | 8.44% | -5.89% | -2.27% | -1.65% | 1.57% | -9.08% | 1.44% | -4.74% |
| 2015 | 3.20% | -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 5, indicating that it is in the bottom 5% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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.
Dividends
Dividend History
AGFiQ US Market Neutral Anti-Beta Fund provided a 5.37% dividend yield over the last twelve months, with an annual payout of $1.04 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $1.04 | $1.04 | $0.21 | $0.00 | $0.00 | $0.20 | $0.09 |
Dividend yield | 5.37% | 6.14% | 1.00% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $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.
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 20.80%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.36% | Mar 13, 2020 | 419 | Nov 8, 2021 | — | — | — |
| -29.53% | Oct 4, 2011 | 1281 | Jan 12, 2018 | 500 | Mar 9, 2020 | 1781 |
| -2.13% | Sep 27, 2011 | 1 | Sep 27, 2011 | 2 | Sep 29, 2011 | 3 |
| -1.62% | Sep 14, 2011 | 2 | Sep 15, 2011 | 4 | Sep 21, 2011 | 6 |
| -1.45% | Mar 10, 2020 | 1 | Mar 10, 2020 | 2 | Mar 12, 2020 | 3 |
Volatility
Volatility Chart
The current AGFiQ US Market Neutral Anti-Beta Fund volatility is 3.91%, 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.