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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.

Fundata ESG GradeE Click for more information on Fundata’s ESG Grade

Fundata ESG Grade E

Click for more information on Fundata’s ESG Grade.

Close
(05-01-2024) 		$19.45
Change
$0.19 (0.99%)
Open $19.47
Day Range $19.45 - $19.54
Volume 370,800

As at March 31, 2024

As at March 31, 2024

As at February 29, 2024

  • Closing Price / Volume
Period
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Legend

AGF US Market Neutral Anti-Beta CAD-Hedged ETF

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Fund Returns

Inception Return (October 07, 2019): -4.54%

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 -0.07% 6.83% -2.21% 6.83% -5.41% 2.82% 3.83% -6.88% - - - - - -
Benchmark 4.14% 6.62% 15.26% 6.62% 13.96% 3.95% 9.11% 16.99% 9.96% 9.65% 8.48% 9.70% 7.76% 7.67%
Category Average 1.10% 4.60% 4.60% 3.73% 7.21% 3.35% 0.05% 1.49% - - - - - -
Category Rank 24 / 24 6 / 23 23 / 23 6 / 23 23 / 23 19 / 23 11 / 19 12 / 12 - - - - - -
Quartile Ranking 4 2 4 2 4 4 3 4 - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 3.09% -6.04% -5.18% -5.34% 5.65% 5.31% 6.89% -4.79% -10.06% 8.52% -1.49% -0.07%
Benchmark 2.90% -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14%

Best Monthly Return Since Inception

9.84% (March 2020)

Worst Monthly Return Since Inception

-14.59% (November 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - -12.56% -8.02% 20.82% -15.47%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average - - - - - - -3.57% -6.24% -1.79% 4.02%
Quartile Ranking - - - - - - 3 4 1 4
Category Rank - - - - - - 9/ 12 19/ 19 1/ 23 23/ 23

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 100.31
International Equity 1.42
Derivatives 0.10
US Equity -1.82
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 100.31
Industrial Goods 2.18
Consumer Services 1.78
Telecommunications 1.40
Financial Services 1.31
Other -6.98

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.58
Latin America 1.38
Europe 0.37
Africa and Middle East -0.33

Top Holdings

Top Holdings
Name Percent
Cash and Cash Equivalents 75.69
Dow Jones US Thematic Low Beta TRS 36.49
United States Treasury 0.00% 20-Jun-2024 24.50
Autozone Inc 0.46
Vistra Corp 0.46
Markel Corp 0.45
Dick's Sporting Goods Inc 0.43
Chipotle Mexican Grill Inc 0.43
Deckers Outdoor Corp 0.41
EMCOR Group Inc 0.41

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

AGF US Market Neutral Anti-Beta CAD-Hedged ETF

Median

Other - Alternative Market Neutrl

3 Yr Annualized

Standard Deviation 16.19% - -
Beta -0.66% - -
Alpha 0.11% - -
Rsquared 0.29% - -
Sharpe 0.15% - -
Sortino 0.18% - -
Treynor -0.04% - -
Tax Efficiency 88.59% - -
Volatility Volatility rating is 9 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 21.07% 16.19% - -
Beta -0.73% -0.66% - -
Alpha 0.07% 0.11% - -
Rsquared 0.20% 0.29% - -
Sharpe -0.39% 0.15% - -
Sortino -0.42% 0.18% - -
Treynor 0.11% -0.04% - -
Tax Efficiency - 88.59% - -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

View the full methodology

Fund Details

Start Date October 07, 2019
Instrument Type Exchange Traded Fund (Alternative)
Share Class Do-It-Yourself
Legal Status Trust
Sales Status -
Currency CAD
Distribution Frequency Annual
Assets ($mil) -
52 Week High $20.40
52 Week Low $16.90
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

In seeking to achieve its investment objective, the AGFiQ 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.

Portfolio Manager(s)

Name Start Date
Robert Yan 02-28-2023
Grant Wang 02-28-2023
Jeff Kay 02-28-2023

Management and Organization

Fund Manager AGF Investments Inc.
Advisor AGF Investments Inc.
Custodian CIBC Mellon Trust Company
Registrar TSX Trust Company
Distributor -
Auditor PriceWaterhouseCoopers LLP

Fees

MER 0.55%
Management Fee 0.55%

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