BTAL vs. EUO
Compare and contrast key facts about AGFiQ US Market Neutral Anti-Beta Fund (BTAL) and ProShares UltraShort Euro (EUO).
BTAL and EUO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BTAL is a passively managed fund by AGF that tracks the performance of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Total Return Index. It was launched on Sep 13, 2011. EUO is a passively managed fund by ProShares that tracks the performance of the USD/EUR Exchange Rate (-200%). It was launched on Nov 25, 2008. Both BTAL and EUO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTAL or EUO.
Correlation
The correlation between BTAL and EUO is -0.16. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
BTAL vs. EUO - Performance Comparison
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Key characteristics
BTAL:
0.15
EUO:
-0.13
BTAL:
0.22
EUO:
-0.13
BTAL:
1.02
EUO:
0.98
BTAL:
0.04
EUO:
-0.14
BTAL:
0.15
EUO:
-0.40
BTAL:
6.38%
EUO:
7.28%
BTAL:
19.77%
EUO:
16.49%
BTAL:
-38.36%
EUO:
-38.58%
BTAL:
-21.50%
EUO:
-16.52%
Returns By Period
In the year-to-date period, BTAL achieves a 0.54% return, which is significantly higher than EUO's -13.19% return. Over the past 10 years, BTAL has underperformed EUO with an annualized return of 0.87%, while EUO has yielded a comparatively higher 2.53% annualized return.
BTAL
0.54%
-11.44%
-0.47%
2.88%
-4.23%
0.87%
EUO
-13.19%
3.38%
-9.22%
-2.11%
0.97%
2.53%
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BTAL vs. EUO - Expense Ratio Comparison
BTAL has a 2.11% expense ratio, which is higher than EUO's 0.99% expense ratio.
Risk-Adjusted Performance
BTAL vs. EUO — Risk-Adjusted Performance Rank
BTAL
EUO
BTAL vs. EUO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AGFiQ US Market Neutral Anti-Beta Fund (BTAL) and ProShares UltraShort Euro (EUO). 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.
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Dividends
BTAL vs. EUO - Dividend Comparison
BTAL's dividend yield for the trailing twelve months is around 3.47%, while EUO has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
BTAL AGFiQ US Market Neutral Anti-Beta Fund | 3.47% | 3.49% | 6.14% | 1.00% | 0.00% | 0.00% | 0.88% | 0.39% |
EUO ProShares UltraShort Euro | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BTAL vs. EUO - Drawdown Comparison
The maximum BTAL drawdown since its inception was -38.36%, roughly equal to the maximum EUO drawdown of -38.58%. Use the drawdown chart below to compare losses from any high point for BTAL and EUO. For additional features, visit the drawdowns tool.
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Volatility
BTAL vs. EUO - Volatility Comparison
The current volatility for AGFiQ US Market Neutral Anti-Beta Fund (BTAL) is 5.67%, while ProShares UltraShort Euro (EUO) has a volatility of 6.62%. This indicates that BTAL experiences smaller price fluctuations and is considered to be less risky than EUO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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