AKR vs. BTAL
AKR (Acadia Realty Trust) is a stock, while BTAL (AGF U.S. Market Neutral Anti-Beta Fund) is Equity Market Neutral fund actively managed by AGF. Over the past 10 years, AKR returned -1.56%/yr vs -4.85%/yr for BTAL. At a correlation of -0.27, they often move in opposite directions.
Performance
AKR vs. BTAL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AKR achieves a 6.00% return, which is significantly higher than BTAL's -17.58% return. Over the past 10 years, AKR has outperformed BTAL with an annualized return of -1.56%, while BTAL has yielded a comparatively lower -4.85% annualized return.
AKR
- 1D
- 0.23%
- 1M
- -2.49%
- 6M
- 4.12%
- YTD
- 6.00%
- 1Y
- 20.54%
- 3Y*
- 16.98%
- 5Y*
- 3.69%
- 10Y*
- -1.56%
BTAL
- 1D
- 1.98%
- 1M
- 3.22%
- 6M
- -14.80%
- YTD
- -17.58%
- 1Y
- -28.86%
- 3Y*
- -9.69%
- 5Y*
- -4.64%
- 10Y*
- -4.85%
AKR vs. BTAL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AKR Acadia Realty Trust | 6.00% | -11.52% | 47.65% | 24.36% | -31.18% | 58.37% | -44.09% | 13.78% | -9.40% | -13.13% |
BTAL AGF U.S. Market Neutral Anti-Beta Fund | -17.58% | -20.17% | 12.83% | -15.11% | 20.48% | -6.81% | -13.86% | 1.07% | 15.13% | -2.13% |
Correlation
The correlation between AKR and BTAL is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.30 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2011 | -0.27 |
Over the past year, the inverse relationship between AKR and BTAL has weakened: their correlation has moved from -0.27 to -0.06, meaning they move in opposite directions less often than they have historically.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AKR vs. BTAL — Risk / Return Rank
AKR
BTAL
AKR vs. BTAL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Acadia Realty Trust (AKR) and AGF U.S. Market Neutral Anti-Beta Fund (BTAL). 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.
| AKR | BTAL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.19 | ||
| Sortino ratioReturn per unit of downside risk | +3.21 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.81 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 1.66 | -0.84 | +2.50 |
| Martin ratioReturn relative to average drawdown | 5.46 | -1.61 | +7.06 |
Loading charts...
Drawdowns
AKR vs. BTAL - Drawdown Comparison
The maximum AKR drawdown since its inception was -71.02%, which is greater than BTAL's maximum drawdown of -52.70%. Use the drawdown chart below to compare losses from any high point for AKR and BTAL.
Loading charts...
Drawdown Indicators
| AKR | BTAL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.02% | -52.70% | -18.32% |
Max Drawdown (1Y)Largest decline over 1 year | -12.41% | -34.61% | +22.20% |
Max Drawdown (3Y)Largest decline over 3 years | -31.75% | -47.83% | +16.08% |
Max Drawdown (5Y)Largest decline over 5 years | -43.82% | -47.83% | +4.01% |
Max Drawdown (10Y)Largest decline over 10 years | -71.02% | -52.70% | -18.32% |
Current DrawdownCurrent decline from peak | -16.92% | -48.63% | +31.71% |
Average DrawdownAverage peak-to-trough decline | -24.35% | -22.15% | -2.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.77% | 18.00% | -14.23% |
Volatility
AKR vs. BTAL - Volatility Comparison
The current volatility for Acadia Realty Trust (AKR) is 5.72%, while AGF U.S. Market Neutral Anti-Beta Fund (BTAL) has a volatility of 8.77%. This indicates that AKR experiences smaller price fluctuations and is considered to be less risky than BTAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AKR | BTAL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.72% | 8.77% | -3.05% |
Volatility (6M)Calculated over the trailing 6-month period | 15.92% | 17.19% | -1.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.80% | 23.28% | -1.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.97% | 19.23% | +8.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.34% | 17.36% | +16.98% |
Dividends
AKR vs. BTAL - Dividend Comparison
AKR's dividend yield for the trailing twelve months is around 3.75%, more than BTAL's 3.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AKR Acadia Realty Trust | 3.75% | 3.89% | 3.06% | 4.24% | 5.02% | 2.75% | 2.04% | 4.36% | 4.59% | 3.84% | 3.55% | 2.93% |
BTAL AGF U.S. Market Neutral Anti-Beta Fund | 3.02% | 2.49% | 3.49% | 6.14% | 1.01% | 0.00% | 0.00% | 0.88% | 0.39% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AKR and BTAL have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTAL has higher volatility (8.77%) compared to AKR (5.72%). In terms of maximum drawdown, AKR dropped -71.02% vs BTAL's -52.70%.
AKR currently has the higher Sharpe Ratio (0.95 vs -1.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for AKR and BTAL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer