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AGF US Market Neutral Anti-Beta CAD-Hedged ETF (QBTL : TSX)

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Alternative Market Neutrl

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Close
(07-29-2025) 		$17.04
Change
$0.04 (0.24%)
Open $16.95
Day Range $16.95 - $16.95
Volume 724

As at June 30, 2025

As at June 30, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeJan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Mar 2025Apr 2025May 2025Jun 2025Jul 20252020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01$20.00$15.00$25.00$30.00$16.00$18.00$22.00$24.00010,000,0002,500,0005,000,000Period
Created with Highcharts 10.3.3Jan 2020May 2020Sep 2020Jan 2021May 2021Sep 2021Jan 2022May 2022Sep 2022Jan 2023May 2023Sep 2023Jan 2024May 2024Sep 2024Jan 2025May 2025Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Mar 2025Apr 2025May 2025Jun 2025Jul 20252020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01-40%-20%0%20%-10%10%Period

Legend

AGF US Market Neutral Anti-Beta CAD-Hedged ETF

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Fund Returns

Inception Return (October 07, 2019): -3.51%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -7.95% -14.85% -4.82% -4.82% -7.27% 1.58% -3.60% 3.28% -4.48% - - - - -
Benchmark 2.91% 8.53% 10.17% 10.17% 26.37% 19.03% 16.09% 10.74% 15.02% 11.96% 10.77% 10.72% 10.76% 9.61%
Category Average 0.77% 2.66% 2.66% 2.66% 6.00% 6.75% 5.87% 1.62% 2.47% 0.84% - - - -
Category Rank 43 / 43 43 / 43 43 / 43 43 / 43 40 / 40 36 / 37 33 / 33 17 / 26 16 / 16 - - - - -
Quartile Ranking 4 4 4 4 4 4 4 3 4 - - - - -

Monthly Return

Created with Highcharts 10.3.3Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25May 25Jun 25-10%-5%0%5%10%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund -1.03% 3.48% -2.18% 0.61% -5.25% 2.02% -1.90% 6.71% 6.78% -3.04% -4.60% -7.95%
Benchmark 5.87% 1.22% 3.15% 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10% 5.56% 2.91%

Best Monthly Return Since Inception

9.84% (March 2020)

Worst Monthly Return Since Inception

-14.59% (November 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - -12.56% -8.02% 20.82% -15.47% 12.46%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average - - - - - -3.57% -6.24% -1.79% 4.02% 9.41%
Quartile Ranking - - - - - 4 4 1 4 2
Category Rank - - - - - 13/ 16 23/ 23 1/ 33 37/ 37 13/ 37

Best Calendar Return (Last 10 years)

20.82% (2022)

Worst Calendar Return (Last 10 years)

-15.47% (2023)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 108.30
International Equity 0.20
Derivatives -2.97
US Equity -5.52

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 108.30
Industrial Services 4.04
Consumer Goods 2.96
Telecommunications 2.29
Energy 1.16

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.81
Latin America 0.97
Europe -0.36
Africa and Middle East -0.41

Top Holdings

Top Holdings
Name Percent
Cash and Cash Equivalents 87.86
Dow Jones US Thematic Low Beta TRS 34.62
United States Treasury 18-Sep-2025 19.77
Currency Forwards 0.67
Autozone Inc 0.55
HEICO Corp 0.43
International Business Machines Corp 0.43
Iridium Communications Inc 0.43
Dollar General Corp 0.42
Sunrun Inc 0.42

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: S. Average Credit Quality: .
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return1234567891011121314151617-10%-5%0%5%10%15%20%

AGF US Market Neutral Anti-Beta CAD-Hedged ETF

Median

Other - Alternative Market Neutrl

3 Yr Annualized

Standard Deviation 17.00% 16.95% -
Beta -0.75% -0.78% -
Alpha 0.10% 0.09% -
Rsquared 0.31% 0.35% -
Sharpe -0.37% -0.33% -
Sortino -0.40% -0.45% -
Treynor 0.08% 0.07% -
Tax Efficiency - - -
Volatility Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 -

Risk Rating

Rating 9 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 16.00% 17.00% 16.95% -
Beta -1.00% -0.75% -0.78% -
Alpha 0.18% 0.10% 0.09% -
Rsquared 0.44% 0.31% 0.35% -
Sharpe -0.61% -0.37% -0.33% -
Sortino -0.78% -0.40% -0.45% -
Treynor 0.10% 0.08% 0.07% -
Tax Efficiency - - - -

Fund Details

Start Date October 07, 2019
Instrument Type Exchange Traded Fund (Alternative)
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -
52 Week High $22.47
52 Week Low $16.95
Annual Dividend -
Annual Yield -
Index Dow Jones U.S. Thematic Market Neutral Anti-Beta Index (CAD-Hedged)
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

AGF US Market Neutral Anti-Beta CAD-Hedged ETF seeks to provide a consistent negative beta exposure to the U.S. equity market by investing primarily in long positions in low beta U.S. equities and short positions in high beta U.S. equities on a dollar neutral basis, within sectors.

Investment Strategy

AGF US Market Neutral Anti-Beta CAD-Hedged ETF will invest primarily in long positions in low beta U.S. equities and short positions in high beta U.S. equities on a dollar neutral basis, within sectors. The ETF will construct a dollar neutral portfolio of long and short positions of U.S. equities by investing primarily in the constituent securities of the Dow. The performance of AGF US Market Neutral Anti-Beta CAD-Hedged ETF will depend on the difference in the rate of returns between its long p

Portfolio Management

Portfolio Manager

AGF Investments Inc.

  • Jeff Kay
  • Robert Yan
  • Grant Wang
Sub-Advisor

AGF Investments LLC

Management and Organization

Fund Manager

AGF Investments Inc.
Custodian

CIBC Mellon Trust Company
Registrar

TSX Trust Company
Distributor

-

Fees

MER 0.55%
Management Fee 0.55%

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