(BTAL) AGFiQ U.S. Market Neutral - NYSE
ETF Category: Equity Market Neutral | Exchange: NYSE (USA) | Market Cap: 284m USD | Total Return: -34.2% in 12m
Avg Turnover: 7.96M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality
The AGFiQ U.S. Market Neutral Anti-Beta Fund (BTAL) is an equity market-neutral ETF that seeks to profit from the relative performance of low beta versus high beta U.S. stocks while neutralizing broad market exposure. The fund takes long positions in low beta U.S. equities and short positions in high beta U.S. equities on a dollar-neutral basis within each sector, primarily using the constituents of the Dow Jones U.S. Thematic Market Neutral Low Beta Index. This index is built from the top 1,000 eligible U.S. securities by market capitalization, including REITs, which broadens the eligible universe beyond traditional common stocks.
As a market-neutral fund, BTAL is structured to isolate the beta factor, meaning its returns are intended to be largely independent of the direction of the overall equity market and depend instead on the spread between low and high beta stocks performing as expected. Listed on the NYSE since its 2011 IPO, the fund falls into the alternative equity category and, given its dollar-neutral construction, is generally used by investors as a hedge, a diversifier, or a tool to express a view on volatility and dispersion rather than as a core long-only equity holding.
- Market volatility surge boosts anti-beta fund performance
- Low beta factor outperforms as high beta stocks sell off
- Rising VIX widens dispersion driving market neutral inflows
As of June 29, 2026, the stock is trading at USD 11.37 with a total of 548,159 shares traded. Over the past week, the price has changed by +3.74%, over one month by -1.98%, over three months by -20.77% and over the past year by -34.15%.
Current recommended Stop Loss: 11.00 (which is 3.3% or 1.4 ATR below the current price).
AGFiQ U.S. Market Neutral has no consensus analysts rating.