BTAL vs GRIN

Comparison between AGF U.S. MARKET NEUTRAL ANTI-BETA FUND (BTAL, ETF) and VictoryShares International Free Cash Flow Growth ETF (GRIN, ETF).

BTAL vs GRIN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BTAL(ETF)	GRIN(ETF)
Net Assets	$276M	$275M
Expense Ratio	1.40%	0.56%
Max Drawdown	56.68%	14.36%
Sharpe Ratio	-2.02	1.10
5Y Beta	-0.84	1.48

Net Assets

Winner

BTAL

$276M

GRIN

$275M

Expense Ratio

BTAL

1.40%

Winner

GRIN

0.56%

Max Drawdown

BTAL

56.68%

Winner

GRIN

14.36%

Sharpe Ratio

BTAL

-2.02

Winner

GRIN

1.10

5Y Beta

Winner

BTAL

-0.84

GRIN

1.48

BTAL vs GRIN - Holdings Comparison

BTAL and GRIN have 1 common holdings. Overlap is -2.41%

BTAL's top 25 holdings weight is 108.81%. GRIN's top 25 holdings weight is 57.25%.

Rank	BTAL	GRIN
#1	CASH (n/a) - 97.58%	KIOXIA HOLDINGS CORP ORDINARY SHARES (n/a) - 11.93%
#2	OKTA INC CLASS A (OKTA) - 0.61%	SIEMENS ENERGY AG ORDINARY SHARES (n/a) - 3.23%
#3	SAILPOINT INC (SAIL) - 0.54%	ASML HOLDING NV (n/a) - 3.10%
#4	CLOUDFLARE INC (NET) - 0.52%	BARRICK MINING CORP (n/a) - 2.66%
#5	INTERNATIONAL BUSINESS MACHINES CORP (IBM) - 0.52%	ADVANTEST CORP (n/a) - 2.49%
#6	NEXTPOWER INC CLASS A (NXT) - 0.51%	TECHNIPFMC PLC (n/a) - 2.37%
#7	SAMSARA INC ORDINARY SHARES CLASS A (IOT) - 0.50%	n/a (BDRBF) - 2.35%
#8	RIVIAN AUTOMOTIVE INC CLASS A (RIVN) - 0.50%	KINROSS GOLD CORP (n/a) - 2.34%
#9	BORGWARNER INC (BWA) - 0.48%	TOKYO ELECTRON LTD (n/a) - 2.29%
#10	GUIDEWIRE SOFTWARE INC (GWRE) - 0.48%	n/a (CLS) - 2.29%
#11	UIPATH INC CLASS A (PATH) - 0.47%	AGNICO EAGLE MINES LTD (n/a) - 2.11%
#12	DYNATRACE INC ORDINARY SHARES (DT) - 0.46%	ROLLS-ROYCE HOLDINGS PLC (n/a) - 1.95%
#13	CACI INTERNATIONAL INC CLASS A (CACI) - 0.46%	ENDEAVOUR MINING PLC (n/a) - 1.93%
#14	CISCO SYSTEMS INC (CSCO) - 0.45%	FUJIKURA LTD (n/a) - 1.75%
#15	INTUIT INC (INTU) - 0.45%	WARTSILA CORP (n/a) - 1.62%
#16	CCC INTELLIGENT SOLUTIONS HOLDINGS INC (CCC) - 0.45%	IAMGOLD CORP (n/a) - 1.60%
#17	AKAMAI TECHNOLOGIES INC (AKAM) - 0.45%	HOCHTIEF AG (n/a) - 1.35%
#18	GARTNER INC (IT) - 0.45%	NOVO NORDISK AS CLASS B (n/a) - 1.34%
#19	PAYCHEX INC (PAYX) - 0.44%	PAN AMERICAN SILVER CORP (PAAS) - 1.32%
#20	MOTOROLA SOLUTIONS INC (MSI) - 0.44%	EVOLUTION MINING LTD (n/a) - 1.29%
#21	NEW YORK TIMES CO CLASS A (NYT) - 0.41%	SAP SE (n/a) - 1.25%
#22	AUTODESK INC (ADSK) - 0.41%	FAST RETAILING CO LTD (n/a) - 1.20%
#23	AUTOZONE INC (AZO) - 0.41%	LASERTEC CORP (n/a) - 1.18%
#24	QUEST DIAGNOSTICS INC (DGX) - 0.41%	FIRST MAJESTIC SILVER CORP (AG) - 1.18%
#25	H&R BLOCK INC (HRB) - 0.41%	RECRUIT HOLDINGS CO LTD (n/a) - 1.13%
Total Holdings	366	101

BTAL vs GRIN - Historical Returns

Returns include dividend reinvestment.

Period	BTAL	GRIN
1 month	-4.41%	+3.23%
3 months	-19.99%	+15.29%
6 months	-19.28%	+18.87%
1 year	-36.62%	+28.95%
5 years(CAGR)	-4.95%	N/A
10 years(CAGR)	-4.98%	N/A
Max(CAGR)	-4.04%	+30.29%

BTAL

-4.41%

Winner

GRIN

+3.23%

BTAL

-19.99%

Winner

GRIN

+15.29%

BTAL

-19.28%

Winner

GRIN

+18.87%

BTAL

-36.62%

Winner

GRIN

+28.95%

5Y(CAGR)

BTAL

-4.95%

GRIN

N/A

10Y(CAGR)

BTAL

-4.98%

GRIN

N/A

Max(CAGR)

BTAL

-4.04%

Winner

GRIN

+30.29%

BTAL vs GRIN - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	BTAL	GRIN
2026	-18.22%	+17.12%
2025	-19.89%	+8.73%
2024	+10.73%	N/A
2023	-16.21%	N/A
2022	+21.71%	N/A
2021	-7.35%	N/A
2020	-13.74%	N/A
2019	+2.04%	N/A
2018	+16.45%	N/A
2017	-1.13%	N/A
2016	-5.06%	N/A
2015	+4.33%	N/A
2014	+8.06%	N/A
2013	-11.09%	N/A
2012	-7.04%	N/A
2011	-2.50%	N/A

BTAL vs GRIN Drawdown Comparison

The maximum drawdown for BTAL was -50.29%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The maximum drawdown for GRIN was -14.31%, occurring on Mar 30, 2026. Recovery took 32 trading sessions.

The current BTAL drawdown is -50.25%. The current GRIN drawdown is -0.40%.

Rank	BTAL	GRIN
#1	-50.29% Mar 12, 2020 - Jun 2, 2026	-14.31% Feb 26, 2026 - Apr 14, 2026
#2	-29.52% Oct 3, 2011 - Mar 9, 2020	-7.55% Jan 27, 2026 - Feb 25, 2026
#3	-2.13% Sep 26, 2011 - Sep 29, 2011	-7.29% Jun 4, 2026 - Jun 10, 2026
#4	-1.62% Sep 13, 2011 - Sep 21, 2011	-7.08% Oct 6, 2025 - Dec 23, 2025
#5	-1.46% Mar 9, 2020 - Mar 12, 2020	-6.22% May 8, 2026 - May 26, 2026
#6	N/A	-5.42% Apr 17, 2026 - May 6, 2026
#7	N/A	-3.59% Jul 23, 2025 - Aug 12, 2025
#8	N/A	-2.05% May 26, 2026 - Jun 1, 2026
#9	N/A	-2.05% Jun 30, 2025 - Jul 23, 2025
#10	N/A	-2.03% Sep 22, 2025 - Oct 1, 2025
#11	N/A	-1.96% May 6, 2026 - May 8, 2026
#12	N/A	-1.92% Aug 22, 2025 - Sep 5, 2025
#13	N/A	-1.67% Dec 26, 2025 - Jan 5, 2026
#14	N/A	-1.64% Aug 18, 2025 - Aug 22, 2025
#15	N/A	-1.35% Apr 14, 2026 - Apr 17, 2026

Correlation

Correlation between BTAL and GRIN is -0.92 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.92

-101