BTAL vs UIVM

Comparison between AGF U.S. MARKET NEUTRAL ANTI-BETA FUND (BTAL, ETF) and VICTORYSHARES INTERNATIONAL VALUE MOMENTUM ETF FORMERLY VICTORYSHARES USAA MSCI INTERNATIONAL VALUE MOMENTUM ETF (UIVM, ETF).

5-Year PerformanceUIVM has outperformed BTAL, delivering a return of +11.2% compared to -3.9%

BTAL vs UIVM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BTAL(ETF)	UIVM(ETF)
Net Assets	$321M	$322M
Expense Ratio	1.40%	0.35%
Max Drawdown	56.68%	46.08%
Sharpe Ratio	-1.98	1.61
5Y Beta	-0.83	0.62
5Y Dividends CAGR	N/A	24.49%

Net Assets

BTAL

$321M

Winner

UIVM

$322M

Expense Ratio

BTAL

1.40%

Winner

UIVM

0.35%

Max Drawdown

BTAL

56.68%

Winner

UIVM

46.08%

Sharpe Ratio

BTAL

-1.98

Winner

UIVM

1.61

5Y Beta

Winner

BTAL

-0.83

UIVM

0.62

5Y Dividends CAGR

BTAL

N/A

UIVM

24.49%

BTAL vs UIVM - Holdings Comparison

BTAL and UIVM have 2 common holdings. Overlap is -1.62%

BTAL's top 25 holdings weight is 124.02%. UIVM's top 25 holdings weight is 21.18%.

Rank	BTAL	UIVM
#1	CASH (n/a) - 110.07%	THE TORONTO-DOMINION BANK (n/a) - 1.17%
#2	AKAMAI TECHNOLOGIES INC (AKAM) - 0.70%	BANK OF NOVA SCOTIA (n/a) - 1.10%
#3	F5 INC (FFIV) - 0.67%	CANADIAN IMPERIAL BANK OF (n/a) - 1.07%
#4	CISCO SYSTEMS INC (CSCO) - 0.66%	OVERSEA-CHINESE BANKING CORP LTD (n/a) - 1.05%
#5	ENPHASE ENERGY INC (ENPH) - 0.64%	ENI SPA (n/a) - 1.01%
#6	ARROW ELECTRONICS INC (ARW) - 0.64%	n/a (PWCDF) - 1.01%
#7	MURPHY USA INC (MUSA) - 0.63%	POSTE ITALIANE SPA (n/a) - 0.95%
#8	VERISIGN INC (VRSN) - 0.62%	NN GROUP NV (n/a) - 0.94%
#9	VARONIS SYSTEMS INC (VRNS) - 0.59%	INVESTOR AB CLASS B (n/a) - 0.91%
#10	CENTENE CORP (CNC) - 0.59%	SWEDBANK AB CLASS A (n/a) - 0.87%
#11	VIRTU FINANCIAL INC CLASS A (VIRT) - 0.58%	SAMSUNG ELECTRO-MECHANICS CO LTD (n/a) - 0.84%
#12	EBAY INC (EBAY) - 0.58%	OMV AG (n/a) - 0.83%
#13	OKTA INC CLASS A (OKTA) - 0.57%	INDUSTRIVARDEN AB CLASS C (n/a) - 0.82%
#14	H&R BLOCK INC (HRB) - 0.57%	SINGAPORE AIRLINES LTD (n/a) - 0.78%
#15	UNITEDHEALTH GROUP INC (UNH) - 0.57%	PUBLIC POWER CORP SA (n/a) - 0.75%
#16	UL SOLUTIONS INC CLASS A COMMON STOCK (ULS) - 0.56%	WILMAR INTERNATIONAL LTD (n/a) - 0.75%
#17	FIRSTCASH HOLDINGS INC (FCFS) - 0.55%	ITALGAS SPA (n/a) - 0.74%
#18	CF INDUSTRIES HOLDINGS INC (CF) - 0.54%	BRITISH AMERICAN TOBACCO PLC (n/a) - 0.73%
#19	CBOE GLOBAL MARKETS INC (CBOE) - 0.54%	JYSKE BANK AS (n/a) - 0.71%
#20	n/a (MP) - 0.54%	ING GROEP NV (n/a) - 0.71%
#21	MOLINA HEALTHCARE INC (MOH) - 0.54%	STMICROELECTRONICS NV (n/a) - 0.69%
#22	ROYALTY PHARMA PLC CLASS A (RPRX) - 0.54%	REPSOL SA (n/a) - 0.69%
#23	ELEVANCE HEALTH INC (ELV) - 0.52%	JAPAN TOBACCO INC (n/a) - 0.69%
#24	CROCS INC (CROX) - 0.51%	ABN AMRO BANK NV (n/a) - 0.69%
#25	OCCIDENTAL PETROLEUM CORP (OXY) - 0.50%	MTR CORP LTD (n/a) - 0.68%
Total Holdings	404	197

BTAL vs UIVM - Historical Returns

Returns include dividend reinvestment.

Period	BTAL	UIVM
1 month	-1.97%	+0.13%
3 months	-15.76%	+4.87%
6 months	-15.74%	+15.38%
1 year	-34.85%	+29.71%
5 years(CAGR)	-3.90%	+11.23%
10 years(CAGR)	-4.25%	+7.78%
Max(CAGR)	-3.78%	+7.78%

BTAL

-1.97%

Winner

UIVM

+0.13%

BTAL

-15.76%

Winner

UIVM

+4.87%

BTAL

-15.74%

Winner

UIVM

+15.38%

BTAL

-34.85%

Winner

UIVM

+29.71%

5Y(CAGR)

BTAL

-3.90%

Winner

UIVM

+11.23%

10Y(CAGR)

BTAL

-4.25%

Winner

UIVM

+7.78%

Max(CAGR)

BTAL

-3.78%

Winner

UIVM

+7.78%

BTAL vs UIVM - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	BTAL	UIVM
2026	-14.80%	+10.61%
2025	-19.89%	+46.13%
2024	+10.73%	+5.86%
2023	-16.21%	+16.85%
2022	+21.71%	-13.61%
2021	-7.35%	+11.05%
2020	-13.74%	-0.10%
2019	+2.04%	+15.74%
2018	+16.45%	-18.24%
2017	-1.13%	+2.56%
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 UIVM 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 UIVM was -42.74%, occurring on Mar 23, 2020. Recovery took 840 trading sessions.

The current BTAL drawdown is -48.17%. The current UIVM drawdown is -3.59%.

Rank	BTAL	UIVM
#1	-50.29% Mar 12, 2020 - Jun 2, 2026	-42.74% Jan 26, 2018 - May 28, 2021
#2	-29.52% Oct 3, 2011 - Mar 9, 2020	-28.25% Sep 15, 2021 - Feb 22, 2024
#3	-2.13% Sep 26, 2011 - Sep 29, 2011	-11.69% Mar 19, 2025 - Apr 24, 2025
#4	-1.62% Sep 13, 2011 - Sep 21, 2011	-11.02% Feb 25, 2026 - May 26, 2026
#5	-1.46% Mar 9, 2020 - Mar 12, 2020	-9.26% Sep 26, 2024 - Mar 5, 2025
#6	N/A	-7.58% Jun 3, 2024 - Aug 21, 2024
#7	N/A	-6.34% Jun 7, 2021 - Sep 2, 2021
#8	N/A	-5.17% Mar 27, 2024 - May 9, 2024
#9	N/A	-4.66% Nov 12, 2025 - Dec 10, 2025
#10	N/A	-3.59% Jun 2, 2026 - Jun 5, 2026
#11	N/A	-3.38% Aug 27, 2024 - Sep 19, 2024
#12	N/A	-3.08% Sep 15, 2025 - Nov 10, 2025
#13	N/A	-3.03% Jul 23, 2025 - Aug 8, 2025
#14	N/A	-2.67% Nov 2, 2017 - Dec 18, 2017
#15	N/A	-2.48% Aug 22, 2025 - Sep 11, 2025

Correlation

Correlation between BTAL and UIVM is -0.66 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.66

-101

Dividend Comparison (2011 - 2026)

BTAL vs UIVM dividend yield comparison.

Year	BTAL	UIVM
2026	0.00%	0.95%
2025	2.49%	3.70%
2024	3.49%	5.09%
2023	6.14%	4.35%
2022	1.01%	3.03%
2021	0.00%	3.48%
2020	0.00%	1.63%
2019	0.88%	3.49%
2018	0.39%	2.78%
2017	0.00%	0.15%
2012	0.00%	0.00%
2011	1.80%	0.00%