BTAL Profile
The US Anti-Beta Fund is an exchange-traded fund (ETF) offered by QuantShares that seeks to provide investors with a market-neutral strategy that bets against high-beta stocks and for low-beta stocks. The fund uses a quantitative methodology to create a portfolio of low-beta stocks and shorts high-beta stocks. Beta is a measure of a stock's volatility in relation to the overall market, and high-beta stocks tend to be more volatile than the market, while low-beta stocks tend to be less volatile. By shorting high-beta stocks and going long on low-beta stocks, the fund seeks to generate a positive return that is uncorrelated with the overall market.
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