Agfiq Market Neutral Etf Profile
| BTAL Etf | USD 18.86 0.09 0.47% |
Performance0 of 100
| Odds Of DistressLess than 9
|
AGFiQ Market is selling for 18.86 as of the 30th of November 2024. This is a 0.47 percent decrease since the beginning of the trading day. The etf's lowest day price was 18.79. AGFiQ Market has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for AGFiQ Market Neutral are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund will invest primarily in long positions in low beta U.S. equities and short positions in high beta U.S. equities on a dollar neutral basis, within sectors. US Anti-Beta is traded on NYSEARCA Exchange in the United States. More on AGFiQ Market Neutral
Moving against AGFiQ Etf
AGFiQ Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Long/short ETFs, Strategy ETFs, Equity Market Neutral, AGFiQ (View all Sectors) |
| Issuer | AGF Investments |
| Inception Date | 2011-09-13 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 370.15 Million |
| Average Trading Valume | 344,889.2 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Long/Short |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | J.P. Morgan Chase Bank, N.A. |
| Advisor | AGF Investments LLC |
| Custodian | J.P. Morgan Chase Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | William DeRoche, Philip Lee, Josh Belko |
| Transfer Agent | J.P. Morgan Chase Bank, N.A. |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 483 |
| Market Maker | Virtu Financial |
| Total Expense | 1.69 |
| Management Fee | 0.45 |
| Country Name | USA |
| Returns Y T D | 11.8 |
| Name | AGFiQ U.S. Market Neutral Anti-Beta Fund |
| Currency Code | USD |
| Open Figi | BBG0021PGZZ5 |
| In Threey Volatility | 16.15 |
| 1y Volatility | 16.33 |
| 200 Day M A | 19.2697 |
| 50 Day M A | 19.511 |
| Code | BTAL |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.33 |
AGFiQ Market Neutral [BTAL] is traded in USA and was established 2011-09-13. The fund is listed under Equity Market Neutral category and is part of AGFiQ family. The entity is thematically classified as Long/short ETFs. AGFiQ Market Neutral currently have 312.33 M in assets under management (AUM). , while the total return for the last 3 years was 6.2%.
Check AGFiQ Market Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on AGFiQ Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding AGFiQ Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as AGFiQ Market Neutral Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top AGFiQ Market Neutral Etf Constituents
| ENPH | Enphase Energy | Stock | Information Technology | |
| GE | GE Aerospace | Stock | Industrials | |
| CPRI | Capri Holdings | Stock | Consumer Discretionary | |
| NUS | Nu Skin Enterprises | Stock | Consumer Staples | |
| CHD | Church Dwight | Stock | Consumer Staples | |
| HQY | HealthEquity | Stock | Health Care | |
| UTHR | United Therapeutics | Stock | Health Care | |
| RNG | Ringcentral | Stock | Information Technology |
AGFiQ Market Top Holders
| ZZZD | BMO Tactical Dividend | Etf | Tactical Balanced |
AGFiQ Market Neutral Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in AGFiQ Market. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 0.2155 |
AGFiQ Market Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AGFiQ Market Neutral. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of AGFiQ Market Neutral is measured differently than its book value, which is the value of AGFiQ that is recorded on the company's balance sheet. Investors also form their own opinion of AGFiQ Market's value that differs from its market value or its book value, called intrinsic value, which is AGFiQ Market's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AGFiQ Market's market value can be influenced by many factors that don't directly affect AGFiQ Market's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AGFiQ Market's value and its price as these two are different measures arrived at by different means. Investors typically determine if AGFiQ Market is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AGFiQ Market's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.