BTAL vs MQQQ

Comparison between AGF U.S. MARKET NEUTRAL ANTI-BETA FUND (BTAL, ETF) and TRADR 2X LONG INNOVATION 100 MONTHLY ETF (MQQQ, ETF).

BTAL vs MQQQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BTAL(ETF)	MQQQ(ETF)
Net Assets	$283M	$283M
Expense Ratio	1.40%	N/A
Max Drawdown	58.79%	42.18%
Sharpe Ratio	-1.40	1.07
5Y Beta	-0.87	2.52

Net Assets

Winner

BTAL

$283M

MQQQ

$283M

Expense Ratio

BTAL

1.40%

MQQQ

N/A

Max Drawdown

BTAL

58.79%

Winner

MQQQ

42.18%

Sharpe Ratio

BTAL

-1.40

Winner

MQQQ

1.07

5Y Beta

Winner

BTAL

-0.87

MQQQ

2.52

BTAL vs MQQQ - Historical Returns

Returns include dividend reinvestment.

Period	BTAL	MQQQ
1 month	+8.42%	-8.14%
3 months	-5.58%	+17.30%
6 months	-14.57%	+24.60%
1 year	-27.16%	+43.19%
5 years(CAGR)	-4.74%	N/A
10 years(CAGR)	-4.82%	N/A
Max(CAGR)	-3.82%	+43.32%

Winner

BTAL

+8.42%

MQQQ

-8.14%

BTAL

-5.58%

Winner

MQQQ

+17.30%

BTAL

-14.57%

Winner

MQQQ

+24.60%

BTAL

-27.16%

Winner

MQQQ

+43.19%

5Y(CAGR)

BTAL

-4.74%

MQQQ

N/A

10Y(CAGR)

BTAL

-4.82%

MQQQ

N/A

Max(CAGR)

BTAL

-3.82%

Winner

MQQQ

+43.32%

BTAL vs MQQQ - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	BTAL	MQQQ
2026	-15.73%	+25.38%
2025	-19.89%	+32.17%
2024	+10.73%	+19.72%
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 MQQQ Drawdown Comparison

The maximum drawdown for BTAL was -52.72%, occurring on Jun 22, 2026. This drawdown has not yet recovered.

The maximum drawdown for MQQQ was -42.16%, occurring on Apr 8, 2025. Recovery took 135 trading sessions.

The current BTAL drawdown is -48.74%. The current MQQQ drawdown is -10.47%.

Rank	BTAL	MQQQ
#1	-52.72% Mar 12, 2020 - Jun 22, 2026	-42.16% Dec 16, 2024 - Jul 3, 2025
#2	-29.52% Oct 3, 2011 - Mar 9, 2020	-25.24% Oct 29, 2025 - Apr 22, 2026
#3	-2.13% Sep 26, 2011 - Sep 29, 2011	-14.06% Jun 2, 2026 - Jul 20, 2026
#4	-1.62% Sep 13, 2011 - Sep 21, 2011	-7.16% Oct 8, 2025 - Oct 24, 2025
#5	-1.46% Mar 9, 2020 - Mar 12, 2020	-6.63% Nov 8, 2024 - Dec 2, 2024
#6	N/A	-6.38% Oct 29, 2024 - Nov 6, 2024
#7	N/A	-5.97% Aug 13, 2025 - Sep 11, 2025
#8	N/A	-5.95% Sep 3, 2024 - Sep 11, 2024
#9	N/A	-5.01% Jul 28, 2025 - Aug 8, 2025
#10	N/A	-4.79% May 14, 2026 - May 26, 2026
#11	N/A	-3.70% Oct 14, 2024 - Oct 29, 2024
#12	N/A	-3.50% Sep 26, 2024 - Oct 9, 2024
#13	N/A	-2.91% Sep 22, 2025 - Oct 1, 2025
#14	N/A	-2.24% Dec 6, 2024 - Dec 11, 2024
#15	N/A	-1.90% Sep 13, 2024 - Sep 19, 2024

Correlation

Correlation between BTAL and MQQQ is -0.96 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.96

-101