AGFiQ U.S. Market Neutral Anti-Beta Fund Price & Performance (BTAL)

The AGFiQ US Market Neutral Anti-Beta ETF (BTAL) declined 1.14% to $20.83 on April 17, with trading volume dropping to 591,000 shares. Despite a recent two-week loss of nearly 3%, technical indicators suggest continued upward momentum, with a projected 19.8% rise over the next three months.123

Investors are eyeing BTAL for diversification, as its negative correlation with the S&P 500 and lower volatility make it a strategic hedge. BTAL’s 12-month return stands at 12.7%, outpacing SPY’s -9.9%. Its trailing dividend yield of 3.1% also exceeds that of many broad equity ETFs.43

BTAL seeks to provide steady negative beta exposure by pairing long positions in low-beta stocks with short positions in high-beta equities. This approach aims to reduce overall portfolio risk, making BTAL an attractive option for investors seeking to hedge against market downturns or volatility shocks.56