BTAL: When Negative Beta Fails In An AI Market (Downgrade) (NYSEARCA:BTAL)
· seekingalpha.com
BTAL ETF’s market-neutral hedge is weakening as AI-led earnings growth normalizes high P/E stocks, undermining anti-beta returns. Learn more about the BTAL ETF here.
Finding a permanent portfolio hedge is hard. And we are talking here about a fund an investor can buy, which will gain value during a recession (hence a hedge) ...