MQQQ vs BTAL

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

MQQQ vs BTAL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

MQQQ

$283M

Winner

BTAL

$283M

Expense Ratio

MQQQ

N/A

BTAL

1.40%

Max Drawdown

Winner

MQQQ

42.18%

BTAL

58.79%

Sharpe Ratio

Winner

MQQQ

1.07

BTAL

-1.40

5Y Beta

MQQQ

2.52

Winner

BTAL

-0.87

MQQQ vs BTAL - Historical Returns

Returns include dividend reinvestment.

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

MQQQ

-8.14%

Winner

BTAL

+8.42%

Winner

MQQQ

+17.30%

BTAL

-5.58%

Winner

MQQQ

+24.60%

BTAL

-14.57%

Winner

MQQQ

+43.19%

BTAL

-27.16%

5Y(CAGR)

MQQQ

N/A

BTAL

-4.74%

10Y(CAGR)

MQQQ

N/A

BTAL

-4.82%

Max(CAGR)

Winner

MQQQ

+43.32%

BTAL

-3.82%

MQQQ vs BTAL - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	MQQQ	BTAL
2026	+25.38%	-15.73%
2025	+32.17%	-19.89%
2024	+19.72%	+10.73%
2023	N/A	-16.21%
2022	N/A	+21.71%
2021	N/A	-7.35%
2020	N/A	-13.74%
2019	N/A	+2.04%
2018	N/A	+16.45%
2017	N/A	-1.13%
2016	N/A	-5.06%
2015	N/A	+4.33%
2014	N/A	+8.06%
2013	N/A	-11.09%
2012	N/A	-7.04%
2011	N/A	-2.50%

MQQQ vs BTAL Drawdown Comparison

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

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

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

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

Correlation

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

-0.96

-101