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- Upturn Summary
- Fund Details
Upturn AI Summary
AGFiQ U.S. Market Neutral Anti-Beta Fund(BTAL)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for BTAL
10/14/2026: BTAL (1-star) has a low Upturn Star Rating. Not recommended to BUY.
The AGFiQ U.S. Market Neutral Anti-Beta Fund (BTAL) provides a liquid, transparent, and systematic way to gain exposure to a long/short beta strategy. By going long on low-beta stocks and short on high-beta stocks, it aims to achieve returns uncorrelated to the general equity market. Its primary strength is serving as a portfolio hedge during volatile times, though its relatively high expense ratio reflects the costs of short-selling. The fund is best suited for sophisticated investors looking for diversification and risk management rather than directional growth, and it should be monitored for factor-specific performance trends.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | This fund is designed for hedging rather than capturing aggressive equity market growth. |
| Momentum investor | Mixed fit | Momentum investors may use this to hedge against sudden trend reversals in high-beta sectors. |
| Value investor | Strong fit while signal remains positive | Value investors often align with low-beta portfolios, making this a useful diversifier for value-heavy portfolios. |
| Dividend/Income investor | Mixed fit | While it reduces volatility, the strategy is not focused on generating dividend income. |
| Low-risk investor | Strong fit | This fund is an excellent tool for risk-averse investors looking to lower their portfolio's overall beta exposure. |
Investor Profile
Ideal Investor Profile
Sophisticated investors seeking to hedge existing equity exposure or improve portfolio risk-adjusted returns through non-correlated assets.
Suitability
Best for long-term investors looking for structural diversification; not ideal for day traders or those seeking market-matching growth.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium | The fund is designed to reduce net volatility, but the underlying long and short legs can be individually volatile. |
| Market risk | Low | The market-neutral structure is explicitly designed to minimize directional market risk. |
| Concentration | Medium | The fund is concentrated in specific beta profiles, which may lead to factor-specific drawdowns. |
| Tracking/expense | Medium / high | The high expense ratio reflects the costs associated with borrowing stocks for short positions. |
| Liquidity | Medium | Liquidity may be constrained in the underlying stocks during extreme market dislocation. |
| Business/sector quality | Low | The strategy relies on quantitative factor attribution rather than individual business quality. |
Risk Analysis
Volatility
BTAL aims to keep volatility lower than the broad market, but its effectiveness depends on the performance spread between its long and short legs.
Market Risk
The fund effectively hedges against systematic market risk (beta), but remains exposed to factor risk (the risk that the chosen factor behaves unexpectedly).
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Long Equity | Low-Beta U.S. Equities | 50 | Long positions in low-beta stocks aim to provide stability and outperformance in down-trending markets. |
| Short Equity | High-Beta U.S. Equities | 50 | Short positions in high-beta stocks are designed to hedge against market beta and benefit from declining high-volatility assets. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type ETF | Historic Profit 5.42% | Avg. Invested days 57 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 10/14/2026 |
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