BTAL vs CLSE
AGF U.S. Market Neutral Anti-Beta Fund against Convergence Long/Short Equity ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
9%
25 shared positions
Fee gap
12 bp
BTAL is cheaper
1-year return gap
48.1 pts
CLSE is ahead
Larger fund
CLSE
$614M
Side by side
| BTAL | CLSE | |
|---|---|---|
| Fund | AGF U.S. Market Neutral Anti-Beta Fund | Convergence Long/Short Equity ETF |
| Issuer | AGF | Convergence |
| Category | Long/Short & Market Neutral | Long/Short & Market Neutral |
| Expense ratio | 1.40% | 1.52% |
| Assets | $328M | $614M |
| Average daily dollar volume | $8.6M | $15M |
| Listed | Sep 13, 2011 | Dec 29, 2009 |
| FrenzyCap score | 56 | 57 |
| 1-month return | +7.7% | −0.4% |
| 3-month return | +7.3% | −0.2% |
| Year to date | −10.7% | +24.4% |
| 1-year return | −17.2% | +31.0% |
| 30-day volatility | 20.5% | 7.4% |
| Worst drawdown, 1 year | −30.9% | −4.9% |
| Trailing 12-month yield | 2.79% | 0.77% |
| Holdings | 405 | 345 |
| Top 10 weight | 5.1% | 29.7% |
| Look-through P/E | 22.6 | 21.0 |
| Holdings vs fair value | +11.9% | +14.9% |
| Holdings above 200-day average | 59% | 60% |
| Net flow, latest 3 reported months | −$51M thru Jun 2026 | +$198M thru May 2026 |
| 30-day implied volatility | 31.5% | — |
| Holdings as of | as of Jun 30, 2026SEC filing | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
10% of BTAL · 16% of CLSE| Holding | BTAL | CLSE |
|---|---|---|
| CAH | 0.51% | 0.58% |
| JNJ | 0.45% | 0.66% |
| IBM | 0.45% | 1.20% |
| RTX | 0.44% | 0.50% |
| BWA | 0.44% | 0.67% |
| FE | 0.43% | 0.49% |
| Jazz Pharmaceuticals plc | 0.43% | 0.72% |
| PATH | 0.43% | 1.26% |
| CSCO | 0.42% | 1.77% |
| MO | 0.41% | 0.57% |
| ADM | 0.41% | 0.69% |
| EBAY | 0.40% | 0.73% |
| DAR | 0.39% | 0.56% |
| MUSA | 0.39% | 0.98% |
| VRSN | 0.36% | 1.16% |
| APA | 0.35% | 0.57% |
| T | 0.34% | 0.52% |
| CBOE | 0.30% | 0.68% |
| TRV | 0.47% | 0.30% |
| ED | 0.43% | 0.27% |
| EXC | 0.42% | 0.25% |
| Chubb Ltd. | 0.43% | 0.23% |
| VTR | 0.41% | 0.17% |
| MCK | 0.41% | 0.16% |
| KR | 0.35% | 0.14% |
Sector mix of the stock holdings
| Sector | BTAL | CLSE | Gap |
|---|---|---|---|
| Technology | 12.6% | 48.8% | −36.2% |
| Industrials | 11.6% | 12.5% | −0.9% |
| Financials | 10.6% | 12.2% | −1.7% |
| Consumer Discretionary | 10.3% | 10.1% | +0.1% |
| Health Care | 8.4% | 9.5% | −1.0% |
| Utilities | 6.3% | 2.8% | +3.5% |
| Consumer Staples | 5.2% | 2.8% | +2.4% |
| Real Estate | 4.9% | 2.5% | +2.4% |
| Materials | 2.3% | 3.8% | −1.5% |
| Energy | 1.9% | 3.8% | −1.9% |
| Communication Services | 2.6% | 2.4% | +0.2% |
More: full overlap table · BTAL holdings · CLSE holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.