BTAL vs MKTN
AGF U.S. Market Neutral Anti-Beta Fund against Federated Hermes MDT Market Neutral ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
8%
35 shared positions
Fee gap
54 bp
BTAL is cheaper
1-year return gap
33.8 pts
MKTN is ahead
Larger fund
BTAL
$328M
Side by side
| BTAL | MKTN | |
|---|---|---|
| Fund | AGF U.S. Market Neutral Anti-Beta Fund | Federated Hermes MDT Market Neutral ETF |
| Issuer | AGF | Federated Hermes |
| Category | Long/Short & Market Neutral | Long/Short & Market Neutral |
| Expense ratio | 1.40% | 1.94% |
| Assets | $328M | $107M |
| Average daily dollar volume | $8.6M | $1.3M |
| Listed | Sep 13, 2011 | Sep 24, 2025 |
| FrenzyCap score | 56 | 38 |
| 1-month return | +7.7% | +3.4% |
| 3-month return | +7.3% | +7.6% |
| Year to date | −10.7% | +11.4% |
| 1-year return | −17.2% | +16.7% |
| 30-day volatility | 20.5% | 4.4% |
| Worst drawdown, 1 year | −30.9% | −4.1% |
| Trailing 12-month yield | 2.79% | 0.23% |
| Holdings | 405 | 394 |
| Top 10 weight | 5.1% | 23.8% |
| Look-through P/E | 22.6 | 24.1 |
| Holdings vs fair value | +11.9% | +13.4% |
| Holdings above 200-day average | 59% | 56% |
| Net flow, latest 3 reported months | −$51M thru Jun 2026 | +$25M thru Jun 2026 |
| 30-day implied volatility | 31.5% | — |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Jun 30, 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
15% of BTAL · 21% of MKTN| Holding | BTAL | MKTN |
|---|---|---|
| ABBV | 0.49% | 2.44% |
| TRV | 0.47% | 2.86% |
| REGN | 0.45% | 1.44% |
| RTX | 0.44% | 0.58% |
| SCHW | 0.43% | 0.87% |
| LNG | 0.43% | 0.57% |
| GEV | 0.42% | 2.89% |
| GDDY | 0.38% | 0.41% |
| INTU | 0.37% | 1.84% |
| CE | 0.36% | 1.08% |
| IT | 0.35% | 1.09% |
| AMGN | 0.45% | 0.33% |
| NFLX | 0.33% | 0.93% |
| OKTA | 0.64% | 0.30% |
| Accenture plc | 0.29% | 1.12% |
| CAH | 0.51% | 0.28% |
| YUM | 0.43% | 0.28% |
| ADP | 0.44% | 0.19% |
| TYL | 0.42% | 0.17% |
| PGR | 0.47% | 0.15% |
| ALL | 0.47% | 0.15% |
| DUK | 0.43% | 0.13% |
| Arch Capital Group Ltd. | 0.42% | 0.11% |
| SFM | 0.41% | 0.10% |
| EXC | 0.42% | 0.09% |
Sector mix of the stock holdings
| Sector | BTAL | MKTN | Gap |
|---|---|---|---|
| Technology | 12.6% | 24.8% | −12.2% |
| Industrials | 11.6% | 16.1% | −4.4% |
| Financials | 10.6% | 13.2% | −2.6% |
| Health Care | 8.4% | 13.1% | −4.7% |
| Consumer Discretionary | 10.3% | 11.3% | −1.0% |
| Utilities | 6.3% | 1.3% | +5.1% |
| Real Estate | 4.9% | 1.8% | +3.1% |
| Materials | 2.3% | 3.6% | −1.3% |
| Consumer Staples | 5.2% | 0.3% | +4.9% |
| Communication Services | 2.6% | 1.9% | +0.8% |
| Energy | 1.9% | 1.6% | +0.3% |
More: full overlap table · BTAL holdings · MKTN 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.