MPAY vs. BTAL
Compare and contrast key facts about Akros Monthly Payout ETF (MPAY) and AGFiQ US Market Neutral Anti-Beta Fund (BTAL).
MPAY and BTAL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MPAY is a passively managed fund by Akros that tracks the performance of the Akros Multi-Asset Index - Benchmark TR Net. It was launched on May 5, 2022. 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. Both MPAY and BTAL 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: MPAY or BTAL.
Correlation
The correlation between MPAY and BTAL is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MPAY vs. BTAL - Performance Comparison
Key characteristics
MPAY:
0.60
BTAL:
0.51
MPAY:
0.93
BTAL:
0.90
MPAY:
1.14
BTAL:
1.10
MPAY:
0.71
BTAL:
0.39
MPAY:
2.80
BTAL:
1.60
MPAY:
3.59%
BTAL:
6.18%
MPAY:
16.94%
BTAL:
19.46%
MPAY:
-14.16%
BTAL:
-38.36%
MPAY:
-7.65%
BTAL:
-15.58%
Returns By Period
In the year-to-date period, MPAY achieves a -3.69% return, which is significantly lower than BTAL's 8.12% return.
MPAY
-3.69%
5.88%
-2.68%
9.03%
N/A
N/A
BTAL
8.12%
-6.37%
6.26%
11.17%
-2.73%
1.63%
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MPAY vs. BTAL - Expense Ratio Comparison
MPAY has a 0.59% expense ratio, which is lower than BTAL's 2.11% expense ratio.
Risk-Adjusted Performance
MPAY vs. BTAL — Risk-Adjusted Performance Rank
MPAY
BTAL
MPAY vs. BTAL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Akros Monthly Payout ETF (MPAY) and AGFiQ US 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.
Dividends
MPAY vs. BTAL - Dividend Comparison
MPAY's dividend yield for the trailing twelve months is around 6.75%, more than BTAL's 3.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
MPAY Akros Monthly Payout ETF | 6.75% | 6.70% | 7.34% | 4.20% | 0.00% | 0.00% | 0.00% | 0.00% |
BTAL AGFiQ US Market Neutral Anti-Beta Fund | 3.23% | 3.49% | 6.14% | 1.00% | 0.00% | 0.00% | 0.88% | 0.39% |
Drawdowns
MPAY vs. BTAL - Drawdown Comparison
The maximum MPAY drawdown since its inception was -14.16%, smaller than the maximum BTAL drawdown of -38.36%. Use the drawdown chart below to compare losses from any high point for MPAY and BTAL. For additional features, visit the drawdowns tool.
Volatility
MPAY vs. BTAL - Volatility Comparison
Akros Monthly Payout ETF (MPAY) and AGFiQ US Market Neutral Anti-Beta Fund (BTAL) have volatilities of 8.00% and 8.28%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.