MRSK vs. BTAL
Compare and contrast key facts about Agility Shares Managed Risk ETF (MRSK) and AGFiQ US Market Neutral Anti-Beta Fund (BTAL).
MRSK and BTAL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MRSK is an actively managed fund by Toews Corp.. It was launched on Jun 25, 2020. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MRSK or BTAL.
Key characteristics
| MRSK | BTAL | |
|---|---|---|
| YTD Return | 16.20% | 13.63% |
| 1Y Return | 24.42% | -2.57% |
| 3Y Return (Ann) | 5.70% | 8.03% |
| Sharpe Ratio | 2.03 | -0.11 |
| Sortino Ratio | 2.65 | -0.04 |
| Omega Ratio | 1.42 | 1.00 |
| Calmar Ratio | 2.50 | -0.06 |
| Martin Ratio | 10.93 | -0.28 |
| Ulcer Index | 2.16% | 6.49% |
| Daily Std Dev | 11.58% | 16.69% |
| Max Drawdown | -14.70% | -38.36% |
| Current Drawdown | 0.00% | -21.37% |
Correlation
The correlation between MRSK and BTAL is -0.44. 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
MRSK vs. BTAL - Performance Comparison
In the year-to-date period, MRSK achieves a 16.20% return, which is significantly higher than BTAL's 13.63% 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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MRSK vs. BTAL - Expense Ratio Comparison
MRSK has a 0.99% expense ratio, which is lower than BTAL's 2.11% expense ratio.
Risk-Adjusted Performance
MRSK vs. BTAL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Agility Shares Managed Risk ETF (MRSK) 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
MRSK vs. BTAL - Dividend Comparison
MRSK's dividend yield for the trailing twelve months is around 0.52%, less than BTAL's 5.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
MRSK Agility Shares Managed Risk ETF | 0.52% | 0.60% | 1.11% | 14.20% | 0.27% | 0.00% | 0.00% |
BTAL AGFiQ US Market Neutral Anti-Beta Fund | 5.40% | 6.14% | 1.00% | 0.00% | 0.00% | 0.88% | 0.39% |
Drawdowns
MRSK vs. BTAL - Drawdown Comparison
The maximum MRSK drawdown since its inception was -14.70%, smaller than the maximum BTAL drawdown of -38.36%. Use the drawdown chart below to compare losses from any high point for MRSK and BTAL. For additional features, visit the drawdowns tool.
Volatility
MRSK vs. BTAL - Volatility Comparison
The current volatility for Agility Shares Managed Risk ETF (MRSK) is 3.35%, while AGFiQ US Market Neutral Anti-Beta Fund (BTAL) has a volatility of 3.70%. This indicates that MRSK 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.