BTAL vs. AINT

Last updated Aug 2, 2026

BTAL (AGF U.S. Market Neutral Anti-Beta Fund) and AINT (FINQ Dollar Neutral U.S. Large Cap AI-Managed Equity ETF) are both Equity Market Neutral funds. Both are actively managed. Their -0.40 correlation means they have often moved in opposite directions in the past. BTAL charges 1.40%/yr vs 1.25%/yr for AINT.

Performance

BTAL vs. AINT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AGF U.S. Market Neutral Anti-Beta Fund (BTAL) and FINQ Dollar Neutral U.S. Large Cap AI-Managed Equity ETF (AINT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BTAL

• 1D: -0.33%
• 1M: 5.79%
• 6M: -13.85%
• YTD: -14.87%
• 1Y: -25.47%
• 3Y*: -8.33%
• 5Y*: -4.14%
• 10Y*: -4.41%
• ALL TIME*: -3.78%

AINT

• 1D: 2.29%
• 1M: 0.41%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AINT FINQ Dollar Neutral U.S. Large Cap AI-Managed Equity ETF	$33.98K	$24.43K	$53.21K
BTAL AGF U.S. Market Neutral Anti-Beta Fund	$10.19M	$8.38M	$8.16M

BTAL vs. AINT - Yearly Performance Comparison

	2026 (YTD)
BTAL AGF U.S. Market Neutral Anti-Beta Fund	-15.69%
AINT FINQ Dollar Neutral U.S. Large Cap AI-Managed Equity ETF	15.71%

Correlation

The correlation between BTAL and AINT is -0.40, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 6, 2026	-0.40

Return for Risk

BTAL vs. AINT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BTAL

BTAL Risk / Return Rank: 2
BTAL Sharpe Ratio Rank: 1
BTAL Sortino Ratio Rank: 2
BTAL Omega Ratio Rank: 2
BTAL Calmar Ratio Rank: 4
BTAL Martin Ratio Rank: 3

AINT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BTAL vs. AINT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AGF U.S. Market Neutral Anti-Beta Fund (BTAL) and FINQ Dollar Neutral U.S. Large Cap AI-Managed Equity ETF (AINT). 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.

	BTAL	AINT	Difference
Sharpe ratio: Return per unit of total volatility	-1.00	—	—
Sortino ratio: Return per unit of downside risk	-1.41	—	—
Omega ratio: Gain probability vs. loss probability	0.85	—	—
Calmar ratio: Return relative to maximum drawdown	-0.69	—	—
Martin ratio: Return relative to average drawdown	-1.25	—	—

Drawdowns

BTAL vs. AINT - Drawdown Comparison

The maximum BTAL drawdown since its inception was -52.70%, which is greater than AINT's maximum drawdown of -19.59%. Use the drawdown chart below to compare losses from any high point for BTAL and AINT.

Drawdown Indicators

	BTAL	AINT	Difference
Max Drawdown Largest peak-to-trough decline	-52.70%	-19.59%	-33.11%
Max Drawdown (1Y) Largest decline over 1 year	-34.57%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-47.83%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-47.83%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-52.70%	—	—
Current Drawdown Current decline from peak	-46.94%	-9.45%	-37.49%
Average Drawdown Average peak-to-trough decline	-22.25%	-7.45%	-14.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.09%	—	—

Volatility

Volatility by Period

	BTAL	AINT	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.89%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.97%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.85%	32.77%	-8.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.39%	32.77%	-13.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.47%	32.77%	-15.30%

BTAL vs. AINT - Expense Ratio Comparison

BTAL has a 1.40% expense ratio, which is higher than AINT's 1.25% expense ratio.

Dividends

BTAL vs. AINT - Dividend Comparison

BTAL's dividend yield for the trailing twelve months is around 2.92%, while AINT has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AINT FINQ Dollar Neutral U.S. Large Cap AI-Managed Equity ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BTAL AGF U.S. Market Neutral Anti-Beta Fund	2.92%	2.49%	3.49%	6.14%	1.01%	0.00%	0.00%	0.88%	0.39%

Frequently Asked Questions

Can I hold both BTAL and AINT in my portfolio?

BTAL and AINT have a correlation of -0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BTAL or AINT?

On fees, AINT is cheaper at 1.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BTAL or AINT?

AINT is cheaper with a 1.25% expense ratio, compared with 1.40% for BTAL.

Which ETF pays a higher dividend yield, BTAL or AINT?

BTAL has the higher dividend yield at 2.92%, compared with 0.00% for AINT.

What is the main difference between BTAL and AINT?

They also come from different issuers: AGF and FINQ. Their fees differ too: 1.40% for BTAL and 1.25% for AINT.