ATLASAGF U.S. Market Neutral Anti-Beta Fund (BTAL): outlook, holdings and fees
AGF U.S. Market Neutral Anti-Beta Fund (BTAL) is an exchange-traded fund and is managed by AGF Investments LLC. The expense ratio is 1.41% and the yield is 3.06%. The ten largest holdings are 5% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on BTAL
| Last price | $13.10 (-1.2%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 52% |
| Likely 1-month range (50%) | $12.55 – $13.74 |
| Normal 1-day range (±1σ) | ±1.5% |
| Distribution yield | 3.06% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
BTAL fund facts
| Issuer | AGF Investments LLC |
|---|---|
| Theme | US large caps |
| Assets under management | $317M |
| Expense ratio | 1.41% |
| Number of holdings | 48 |
| Portfolio turnover | 114% |
| Inception | Sep 13, 2011 |
| Exchange | NYSE |
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. It will construct a dollar neutral portfolio of long and short positions of U.S. equities by investing primarily in the constituent securities of the Dow Jones U.S. Thematic Market Neutral Low Beta Index in approximately the same weight as they appear in the index. The universe for the index is comprised of the top 1,000 eligible securities by market capitalization, including REITs.
BTAL top holdings
| Holding | Sector | Weight |
|---|---|---|
| F5 Networks Inc FFIV | Technology | 0.58% |
| Zscaler Inc ZS | Technology | 0.55% |
| Cloudflare Inc NET | Technology | 0.56% |
| Dynatrace Holdings LLC DT | Technology | 0.51% |
| McKesson Corporation MCK | Healthcare | 0.46% |
| VeriSign Inc VRSN | Technology | 0.44% |
| MSC Industrial Direct Company Inc MSM | Industrials | 0.45% |
| Accenture plc ACN | Technology | 0.43% |
| CDW Corp CDW | Technology | 0.44% |
| Science Applications International Corporation Common Stock SAIC | Technology | 0.43% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
BTAL sector breakdown
| Sector | Weight |
|---|---|
| Technology | 17.8% |
| Financial Services | 16.2% |
| Industrials | 16.2% |
| Consumer Cyclicals | 10.8% |
| Healthcare | 10.3% |
| Real Estate | 5.9% |
| Consumer Defensive | 5.9% |
| Energy | 4.8% |
| Utilities | 4.4% |
| Basic Materials | 4.3% |
| Communication Services | 3.4% |
By region: North America 98.9%, Europe Developed 0.6%, Asia Emerging 0.5%.
BTAL returns and risk
| Year to date | -13.0% |
|---|---|
| 1 year | -17.7% |
| 3 years (annualised) | -12.1% |
| 5 years (annualised) | -3.2% |
| 10 years (annualised) | -3.7% |
| Volatility (3 years) | 17.8% |
| Sharpe ratio (3 years) | -0.96 |
Past returns do not guarantee future results.
BTAL: frequently asked questions
What does BTAL invest in?
AGF U.S. Market Neutral Anti-Beta Fund invests in a portfolio of securities. Its largest holdings are F5 Networks Inc (0.6%), Zscaler Inc (0.6%), Cloudflare Inc (0.6%), Dynatrace Holdings LLC (0.5%), McKesson Corporation (0.5%).
What is the BTAL expense ratio?
1.41% a year: about $141.00 for every $10,000 invested.
What is the BTAL dividend yield?
3.06%. ATLAS does not hold the exact distribution dates for ETFs.
Will BTAL go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 52%, with a likely range (50%) of $12.55 to $13.74 from $13.10 today. It is a probability, not a prediction.
How has BTAL performed?
Year to date -13.0%, one year -17.7%, three years -12.1% a year, five years -3.2% a year. Past returns do not guarantee future results.
Similar ETFs: US large caps
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Educational information, not investment advice. Disclaimer