BTAL vs MRVU

Comparison between AGF U.S. MARKET NEUTRAL ANTI-BETA FUND (BTAL, ETF) and Direxion Daily MRVL Bull 2X ETF (MRVU, ETF).

BTAL vs MRVU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BTAL(ETF)	MRVU(ETF)
Net Assets	$283M	$282M
Expense Ratio	1.40%	N/A
Max Drawdown	58.79%	70.71%
Sharpe Ratio	-1.40	2.63
5Y Beta	-0.87	6.52

Net Assets

Winner

BTAL

$283M

MRVU

$282M

Expense Ratio

BTAL

1.40%

MRVU

N/A

Max Drawdown

Winner

BTAL

58.79%

MRVU

70.71%

Sharpe Ratio

BTAL

-1.40

Winner

MRVU

2.63

5Y Beta

Winner

BTAL

-0.87

MRVU

6.52

BTAL vs MRVU - Holdings Comparison

BTAL and MRVU have 1 common holdings. Overlap is -0.42%

BTAL's top 25 holdings weight is 107.08%. MRVU's top 25 holdings weight is 80.62%.

Rank	BTAL	MRVU
#1	CASH (n/a) - 95.63%	GOLDMAN SACHS FS TREASURY INTMS D (FRDXX) - 32.57%
#2	OKTA INC CLASS A (OKTA) - 0.69%	BNY DREYFUS GOVT CASH MGMT INSTL (DGCXX) - 16.79%
#3	MOLINA HEALTHCARE INC (MOH) - 0.54%	MARVELL TECHNOLOGY INC (MRVL) - 16.60%
#4	CCC INTELLIGENT SOLUTIONS HOLDINGS INC (CCC) - 0.53%	BNY DREYFUS TREASURY SECS CSH MGMT INST (DIRXX) - 14.66%
#5	CLOUDFLARE INC (NET) - 0.53%	N/A
#6	RIVIAN AUTOMOTIVE INC CLASS A (RIVN) - 0.50%	N/A
#7	SAMSARA INC ORDINARY SHARES CLASS A (IOT) - 0.49%	N/A
#8	DAVITA INC (DVA) - 0.48%	N/A
#9	PROGRESSIVE CORP (PGR) - 0.47%	N/A
#10	BROWN & BROWN INC (BRO) - 0.47%	N/A
#11	ALLSTATE CORP (ALL) - 0.47%	N/A
#12	CENCORA INC (COR) - 0.47%	N/A
#13	CARDINAL HEALTH INC (CAH) - 0.47%	N/A
#14	AUTOMATIC DATA PROCESSING INC (ADP) - 0.47%	N/A
#15	PAYCHEX INC (PAYX) - 0.47%	N/A
#16	VERISK ANALYTICS INC (VRSK) - 0.46%	N/A
#17	ABBVIE INC (ABBV) - 0.46%	N/A
#18	THE TRAVELERS COMPANIES INC (TRV) - 0.46%	N/A
#19	DYNATRACE INC ORDINARY SHARES (DT) - 0.46%	N/A
#20	n/a (EXPD) - 0.46%	N/A
#21	OLD REPUBLIC INTERNATIONAL CORP (ORI) - 0.42%	N/A
#22	AGREE REALTY CORP (ADC) - 0.42%	N/A
#23	ARCH CAPITAL GROUP LTD (ACGL) - 0.42%	N/A
#24	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 0.42%	N/A
#25	AFLAC INC (AFL) - 0.42%	N/A
Total Holdings	365	4

BTAL vs MRVU - Historical Returns

Returns include dividend reinvestment.

Period	BTAL	MRVU
1 month	+8.42%	-58.24%
3 months	-5.58%	+37.42%
6 months	-14.57%	+327.50%
1 year	-27.16%	N/A
5 years(CAGR)	-4.74%	N/A
10 years(CAGR)	-4.82%	N/A
Max(CAGR)	-3.82%	+2656.19%

Winner

BTAL

+8.42%

MRVU

-58.24%

BTAL

-5.58%

Winner

MRVU

+37.42%

BTAL

-14.57%

Winner

MRVU

+327.50%

BTAL

-27.16%

MRVU

N/A

5Y(CAGR)

BTAL

-4.74%

MRVU

N/A

10Y(CAGR)

BTAL

-4.82%

MRVU

N/A

Max(CAGR)

BTAL

-3.82%

Winner

MRVU

+2656.19%

BTAL vs MRVU - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	BTAL	MRVU
2026	-15.73%	+327.50%
2025	-19.89%	N/A
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 MRVU 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 MRVU was -70.66%, occurring on Jul 16, 2026. This drawdown has not yet recovered.

The current BTAL drawdown is -48.74%. The current MRVU drawdown is -64.46%.

Rank	BTAL	MRVU
#1	-52.72% Mar 12, 2020 - Jun 22, 2026	-70.66% Jun 4, 2026 - Jul 16, 2026
#2	-29.52% Oct 3, 2011 - Mar 9, 2020	-21.03% Mar 25, 2026 - Apr 1, 2026
#3	-2.13% Sep 26, 2011 - Sep 29, 2011	-15.21% Feb 11, 2026 - Mar 6, 2026
#4	-1.62% Sep 13, 2011 - Sep 21, 2011	-14.70% May 14, 2026 - May 20, 2026
#5	-1.46% Mar 9, 2020 - Mar 12, 2020	-14.65% Apr 23, 2026 - May 5, 2026
#6	N/A	-14.60% May 6, 2026 - May 13, 2026
#7	N/A	-12.22% Mar 10, 2026 - Mar 25, 2026
#8	N/A	-8.87% May 26, 2026 - Jun 1, 2026
#9	N/A	-2.17% Apr 15, 2026 - Apr 17, 2026
#10	N/A	-0.15% Apr 6, 2026 - Apr 8, 2026

Correlation

Correlation between BTAL and MRVU is -0.91 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.91

-101