AGF US Market Neutral Anti-Beta Fund
BTAL
Market cap $407M

19.89 USD

-0.06

0.3%

At close Oct 4, 4:00 PM EDT

1 day

-0.30%

5 days

1.27%

1 month

-3.31%

3 months

2.37%

6 months

8.27%

Year to date

15.17%

1 year

-1.04%

5 years

-17.64%

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

17% more capital invested

Capital invested by funds: $141M [Q1] → $165M (+$24.4M) [Q2]

5.87% more ownership

Funds ownership: 60.7% [Q1] → 66.56% (+5.87%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

10% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 21

7% less funds holding

Funds holding: 60 [Q1] → 56 (-4) [Q2]

31% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 13

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Research analyst outlook

We haven’t received any recent analyst ratings for BTAL.

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Financial journalist opinion

BTAL: A Wonderful ETF For Bear Markets

BTAL is an ETF with a 1.72% total expense ratio, negative long-term returns, and is down most years. Its design is crazy, like a fox. BTAL is a market-neutral fund designed to perform well only in bear markets. When the market is down 10%, it averages 8.8% gains. In the 10% worst months for stocks, when the S&P is down 7%, BTAL averages 5% gains.

BTAL: A Wonderful ETF For Bear Markets

BTAL Is Possibly The Most Misunderstood Market-Neutral ETF

BTAL is an anti-beta market-neutral ETF, not beta-neutral, with imbalanced long and short positions. High-beta stocks fall further in market crashes, underperform in calm markets, and perform well after market bottoms. Tactical holding of BTAL based on VIX levels can provide a small performance boost and reduce drawdowns in market crashes.

BTAL Is Possibly The Most Misunderstood Market-Neutral ETF

Zacks Investment Research

5 Niche ETFs That Outperformed Last Week

Wall Street had a tumultuous last week on growing inflation fears and rising geopolitical tensions. While most of the segments suffered losses last week, a few niche corners have performed really well.

5 Niche ETFs That Outperformed Last Week

Zacks Investment Research

Long-Short ETF (BTAL) Hits New 52-Week High

For investors seeking momentum, AGFiQ US Market Neutral Anti-Beta Fund BTAL is probably on the radar. The fund just hit a 52-week high of $21.39 from its 52-week low price of $16.59/share.

Long-Short ETF (BTAL) Hits New 52-Week High

Zacks Investment Research

5 Low-Risk ETFs to Play Now as Inflation Ticks Up

After a sturdy run so far this year, Wall Street started to waver in mid-March, following the release of hot U.S. inflation data and the rise in bond yields.

5 Low-Risk ETFs to Play Now as Inflation Ticks Up

BTAL Anti-Beta Fund: Still A Great Diversifier

The AGF U.S. Market Neutral Anti-Beta Fund has historically provided diversification benefits by performing well when the broader equity market is down. Despite its expected flat-to-negative annual return, BTAL has rallied in 2024, potentially due to investors seeking defensive low-beta stocks. Owning BTAL as part of a portfolio can (and likely will, in my opinion) provide superior risk-adjusted returns over the long term.

BTAL Anti-Beta Fund: Still A Great Diversifier

Zacks Investment Research

Low-Risk ETFs to Consider Amid the Market Turmoil

Overstretched valuations and uncertainty around when the Fed will begin to cut rates have dampened investors' optimism. Investors are increasingly exploring diversified strategies that help to protect their portfolios from downside risk.

Low-Risk ETFs to Consider Amid the Market Turmoil

BTAL: A Smart Way To Hedge The Market

BTAL is a hedging exchange-traded fund that takes a market-neutral stance by shorting high beta names and going long low beta equities. The fund makes money when the market is in a risk-off mode and participants sell out of speculative high beta names. BTAL tends to have more muted negative returns compared to inverse funds like SH and can even be flat during years when the market is up.

BTAL: A Smart Way To Hedge The Market

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