AGF US Market Neutral Anti-Beta FundBTAL
BTAL
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
91% more capital invested
Capital invested by funds: $178M [Q2] → $339M (+$161M) [Q3]
86% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 14
21% more funds holding
Funds holding: 56 [Q2] → 68 (+12) [Q3]
9.39% more ownership
Funds ownership: 71.73% [Q2] → 81.12% (+9.39%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2K
Research analyst outlook
We haven’t received any recent analyst ratings for BTAL.
Financial journalist opinion
Neutral
Seeking Alpha
1 week ago
CTA And BTAL: My Recommended S&P 500 Hedges
The S&P 500 has doubled in the last five years, raising concerns about a potential market top and the need for portfolio hedging. Traditional bonds have struggled due to rising interest rates; alternatives may offer better downside protection. Diversifying with alternatives, like CTA's managed futures or BTAL's market hedge, can reduce portfolio volatility and enhance risk-adjusted returns without significantly cutting equity exposure.
Neutral
Seeking Alpha
3 months ago
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.
Negative
Seeking Alpha
6 months ago
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.
Positive
Zacks Investment Research
8 months ago
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.
Positive
Zacks Investment Research
8 months ago
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.
Positive
Zacks Investment Research
9 months ago
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.
Positive
Seeking Alpha
9 months ago
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.
Neutral
Zacks Investment Research
11 months ago
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.
Positive
Seeking Alpha
1 year ago
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.
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