BTAL vs VOO
BTAL vs VOO
AGF US Market Neutral Anti-Beta Fund ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | BTAL | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 1.40% | 0.03% | |
| AUM | $306M | $979.0B | |
| Dividend Yield | 3.20% | 1.09% | |
| Holdings | 402 | 509 | |
| YTD Return | -15.73% | +13.53% | |
| 1Y Return | -26.30% | +23.65% | |
| 3Y Return (annualized) | -10.62% | +21.27% | |
| 5Y Return (annualized) | -4.86% | +13.52% | |
| Volatility (annualized) | 14.9% | 14.1% | |
| Max Drawdown | -52.7% | -34.3% | |
| Fund Family | AGFiQ | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Sep 13, 2011 | Sep 7, 2010 |
BTAL vs VOO Performance
AGF US Market Neutral Anti-Beta Fund ETF (BTAL) is a ETF from AGFiQ and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year BTAL returned -26.30% while VOO returned +23.65%. Year to date, BTAL is down 15.73% versus a gain of 13.53% for VOO.
Over three years, BTAL compounded at -10.62% per year against +21.27% for VOO; over five years the annualized figures are -4.86% and +13.52% respectively. Across the full 15-year window we track, VOO has the edge at +13.57% annualized vs -3.80%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BTAL has been the more volatile fund, with annualized monthly volatility of 14.9% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -52.7% for BTAL and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at -0.62. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BTAL charges 1.40% per year while VOO charges 0.03%. On a $10,000 position that is $140 vs $3 annually, a gap of $137 per year that compounds over a long holding period. On income, BTAL currently yields 3.20% against 1.09% for VOO.
Holdings Overlap
BTAL and VOO share 192 holdings out of 712 unique holdings combined, representing a 12.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in BTAL | Weight in VOO | Difference |
|---|---|---|---|
| AMZN | -0.31% | 3.62% | 3.93% |
| AVGO | -0.33% | 2.77% | 3.10% |
| META | -0.30% | 1.92% | 2.22% |
| TSLA | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| JNJ | Pro | Pro | Pro |
| ABBV | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
| RTX | Pro | Pro | Pro |
| GEV | Pro | Pro | Pro |
See all 10 holdings BTAL shares with VOO Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, BTAL or VOO?
BTAL has an expense ratio of 1.40% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $137 per year of difference.
Which performed better, BTAL or VOO?
Over the past year BTAL returned -26.30% vs +23.65% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (15 years), BTAL annualized -3.80% vs +13.57% for VOO. Past performance does not guarantee future results.
Which is riskier, BTAL or VOO?
BTAL has been the more volatile fund at 14.9% annualized versus 14.1% for VOO. Worst drawdown: BTAL -52.7% vs VOO -34.3%.
Should I hold both BTAL and VOO?
BTAL and VOO have a monthly-return correlation of -0.62, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BTAL and VOO?
BTAL and VOO share 192 common holdings with a 12.4% weight overlap. Combined, they hold 712 unique securities.
Which pays a higher dividend, BTAL or VOO?
BTAL yields 3.20% while VOO yields 1.09%, so BTAL currently pays the higher dividend yield.
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