BTAL vs. SCHK
Compare and contrast key facts about AGFiQ US Market Neutral Anti-Beta Fund (BTAL) and Schwab 1000 Index ETF (SCHK).
BTAL and SCHK 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. SCHK is a passively managed fund by Charles Schwab that tracks the performance of the Schwab 1000 Index. It was launched on Oct 11, 2017. Both BTAL and SCHK 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 SCHK.
Key characteristics
| BTAL | SCHK | |
|---|---|---|
| YTD Return | 14.40% | 27.06% |
| 1Y Return | -1.16% | 39.66% |
| 3Y Return (Ann) | 8.72% | 9.44% |
| 5Y Return (Ann) | -1.69% | 16.52% |
| Sharpe Ratio | -0.07 | 3.16 |
| Sortino Ratio | 0.02 | 4.21 |
| Omega Ratio | 1.00 | 1.60 |
| Calmar Ratio | -0.04 | 4.66 |
| Martin Ratio | -0.18 | 20.60 |
| Ulcer Index | 6.48% | 1.93% |
| Daily Std Dev | 16.68% | 12.53% |
| Max Drawdown | -38.36% | -34.80% |
| Current Drawdown | -20.84% | 0.00% |
Correlation
The correlation between BTAL and SCHK is -0.56. 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. SCHK - Performance Comparison
In the year-to-date period, BTAL achieves a 14.40% return, which is significantly lower than SCHK's 27.06% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BTAL vs. SCHK - Expense Ratio Comparison
BTAL has a 2.11% expense ratio, which is higher than SCHK's 0.05% expense ratio.
Risk-Adjusted Performance
BTAL vs. SCHK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AGFiQ US Market Neutral Anti-Beta Fund (BTAL) and Schwab 1000 Index ETF (SCHK). 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.
Dividends
BTAL vs. SCHK - Dividend Comparison
BTAL's dividend yield for the trailing twelve months is around 5.37%, more than SCHK's 2.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
BTAL AGFiQ US Market Neutral Anti-Beta Fund | 5.37% | 6.14% | 1.00% | 0.00% | 0.00% | 0.88% | 0.39% | 0.00% |
SCHK Schwab 1000 Index ETF | 2.05% | 1.78% | 2.03% | 1.76% | 1.97% | 3.65% | 2.31% | 0.62% |
Drawdowns
BTAL vs. SCHK - Drawdown Comparison
The maximum BTAL drawdown since its inception was -38.36%, which is greater than SCHK's maximum drawdown of -34.80%. Use the drawdown chart below to compare losses from any high point for BTAL and SCHK. For additional features, visit the drawdowns tool.
Volatility
BTAL vs. SCHK - Volatility Comparison
The current volatility for AGFiQ US Market Neutral Anti-Beta Fund (BTAL) is 3.68%, while Schwab 1000 Index ETF (SCHK) has a volatility of 4.01%. This indicates that BTAL experiences smaller price fluctuations and is considered to be less risky than SCHK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.