Tearsheet

Aperture AC (APUR)

Market Price (6/28/2026): $9.9 | Market Cap: $-Sector: Financials | Industry: Multi-Sector Holdings

Aperture AC (APUR)

Market Price (6/28/2026): $9.9
Market Cap: $-
Sector: Financials
Industry: Multi-Sector Holdings

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

Low stock price volatility
Vol 12M is 3.2%

Megatrend and thematic drivers
Megatrends include Smart Buildings & Proptech, and Electrification of Everything. Themes include IoT for Buildings, Building Management Systems, Show more.

Trading close to highs
Dist 52W High is -0.2%, Dist 3Y High is -0.2%

Weak multi-year price returns
2Y Excs Rtn is -34%, 3Y Excs Rtn is -68%

0	Low stock price volatility Vol 12M is 3.2%
1	Megatrend and thematic drivers Megatrends include Smart Buildings & Proptech, and Electrification of Everything. Themes include IoT for Buildings, Building Management Systems, Show more.
2	Trading close to highs Dist 52W High is -0.2%, Dist 3Y High is -0.2%
3	Weak multi-year price returns 2Y Excs Rtn is -34%, 3Y Excs Rtn is -68%

Valuation & Metrics

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AI Analysis | Feedback

Metric

Price Chart

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No Events

Why The Stock Moved

Stock Movement Drivers

Fundamental Drivers

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Market Drivers

2/28/2026 to 6/27/2026

	Return	Correlation
APUR
Market (SPY)	6.6%	-25.2%
Sector (XLF)	4.7%	61.4%

Fundamental Drivers

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Market Drivers

11/30/2025 to 6/27/2026

	Return	Correlation
APUR
Market (SPY)	7.3%	-25.2%
Sector (XLF)	1.3%	61.4%

Fundamental Drivers

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Market Drivers

5/31/2025 to 6/27/2026

	Return	Correlation
APUR
Market (SPY)	25.1%	-25.2%
Sector (XLF)	6.7%	61.4%

Fundamental Drivers

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Market Drivers

5/31/2023 to 6/27/2026

	Return	Correlation
APUR
Market (SPY)	81.3%	-25.2%
Sector (XLF)	77.0%	61.4%

Return vs. Risk

Price Returns Compared

	2021	2022	2023	2024	2025	2026	Total [1]
Returns
APUR Return	-	-	-	-	-	0%	0%
Peers Return						0%	0%
S&P 500 Return	27%	-19%	24%	23%	16%	7%	96%
Monthly Win Rates [3]
APUR Win Rate	-	-	-	-	-	100%
Peers Win Rate						60%
S&P 500 Win Rate	75%	42%	67%	75%	67%	50%
Max Drawdowns [4]
APUR Max Drawdown	-	-	-	-	-	-
Peers Max Drawdown
S&P 500 Max Drawdown	-5%	-25%	-10%	-8%	-19%	-9%

[1] Cumulative total returns since the beginning of 2021
[2] Peers: AACP, ACGC, AMAN, APUR, ETSS.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/26/2026 (YTD)

APUR has limited trading history. Below is the Financials sector ETF (XLF) in its place.

Event	XLF	S&P 500
2025 US Tariff Shock
% Loss	-15.5%	-18.8%
% Gain to Breakeven	18.4%	23.1%
Time to Breakeven	80 days	79 days
Summer-Fall 2023 Five Percent Yield Shock
% Loss	-10.7%	-9.5%
% Gain to Breakeven	12.0%	10.5%
Time to Breakeven	26 days	24 days
2023 SVB Regional Banking Crisis
% Loss	-16.1%	-6.7%
% Gain to Breakeven	19.1%	7.1%
Time to Breakeven	270 days	31 days
2022 Inflation Shock & Fed Tightening
% Loss	-22.3%	-24.5%
% Gain to Breakeven	28.6%	32.4%
Time to Breakeven	467 days	427 days
2020 COVID-19 Crash
% Loss	-42.8%	-33.7%
% Gain to Breakeven	74.8%	50.9%
Time to Breakeven	289 days	140 days
Q4 2018 Fed Policy Error / Growth Scare
% Loss	-19.7%	-19.2%
% Gain to Breakeven	24.5%	23.8%
Time to Breakeven	123 days	105 days

Compare to AACP, ACGC, AMAN, APUR, ETSS

In The Past

State Street Financial Select Sector SPDR ETF's stock fell -15.5% during the 2025 US Tariff Shock. Such a loss loss requires a 18.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

APUR has limited trading history. Below is the Financials sector ETF (XLF) in its place.

Event	XLF	S&P 500
2022 Inflation Shock & Fed Tightening
% Loss	-22.3%	-24.5%
% Gain to Breakeven	28.6%	32.4%
Time to Breakeven	467 days	427 days
2020 COVID-19 Crash
% Loss	-42.8%	-33.7%
% Gain to Breakeven	74.8%	50.9%
Time to Breakeven	289 days	140 days
2015-2016 China Devaluation / Global Growth Scare
% Loss	-21.4%	-12.2%
% Gain to Breakeven	27.3%	13.9%
Time to Breakeven	272 days	62 days
2011 US Debt Ceiling Crisis & European Contagion
% Loss	-26.1%	-17.9%
% Gain to Breakeven	35.3%	21.8%
Time to Breakeven	162 days	123 days
2008-2009 Global Financial Crisis
% Loss	-78.3%	-53.4%
% Gain to Breakeven	359.8%	114.4%
Time to Breakeven	2329 days	1085 days

Compare to AACP, ACGC, AMAN, APUR, ETSS

In The Past

State Street Financial Select Sector SPDR ETF's stock fell -15.5% during the 2025 US Tariff Shock. Such a loss loss requires a 18.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Aperture AC (APUR)

Business Description

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Interactive Breakdown

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Better Bets vs. Aperture AC (APUR)

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Latest Trefis Analyses

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Trade Ideas

Select ideas related to APUR.

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Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
FCEL	FuelCell Energy	1.2	22.1%	228.3%
SLS	SELLAS Life Sciences	2.1	17.7%	228.6%
KMTS	Kestra Medical Technologies	1.5	17.1%	-0.3%
LCID	Lucid	1.9	15.6%	-44.0%
ATAI	AtaiBeckley	1.9	15.5%	29.3%
TRON	Tron	0.4	15.4%	26.6%
APOG	Apogee Enterprises	1.0	15.2%	36.4%
EFOR	Everforth	0.8	14.9%	3.4%
MNTN	MNTN	0.7	14.5%	-19.4%
LMRI	Lumexa Imaging	1.2	14.4%	-34.6%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
ON	ON Semiconductor	35.7	-23.7%	67.4%
OMER	Omeros	0.6	-19.1%	-49.5%
BE	Bloom Energy	71.0	-18.5%	190.0%
WDC	Western Digital	200.6	-13.2%	240.7%
CAPR	Capricor Therapeutics	1.5	-13.0%	-8.4%
STX	Seagate Technology	198.9	-12.2%	227.6%
FORM	FormFactor	10.2	-12.1%	134.4%
TMDX	TransMedics	2.4	-12.0%	-43.7%
GTN-A	Gray Media	0.7	-11.4%	-41.4%
CRDO	Credo Technology	43.4	-11.2%	65.4%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
DFTX	Definium Therapeutics, Inc.	4.9	83.6%	232.7%
SLS	SELLAS Life Sciences	2.1	53.9%	228.6%
LILA	Liberty Latin America	1.4	48.5%	-3.5%
LILAK	Liberty Latin America	1.4	47.6%	-5.2%
ABSI	Absci	1.7	47.0%	212.0%
APGE	Apogee Therapeutics	9.2	46.7%	75.6%
GRPN	Groupon	0.9	39.6%	28.3%
BB	BlackBerry	6.7	36.0%	200.8%
MANE	Veradermics	4.5	35.2%	236.1%
CCXI	Churchill Capital XI	0.8	34.5%	35.1%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HTZ	Hertz Global	0.8	-47.7%	-48.6%
HYLN	Hyliion	0.8	-45.4%	140.2%
VELO	Velo3D	0.4	-44.3%	21.1%
NNE	Nano Nuclear Energy	1.0	-29.6%	-17.2%
NVTS	Navitas Semiconductor	4.0	-28.0%	142.3%
SOC	Sable Offshore	1.1	-27.3%	-18.4%
MSTR	Strategy	27.5	-26.9%	-45.8%
MRLN	Merlin	0.4	-25.9%	-78.9%
ON	ON Semiconductor	35.7	-25.5%	67.4%
RDW	Redwire	2.1	-23.8%	43.8%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
NVRI	Enviri	1.8	296.7%	344.0%
REPL	Replimune	1.1	147.4%	19.7%
ABSI	Absci	1.7	111.0%	212.0%
DFTX	Definium Therapeutics, Inc.	4.9	91.1%	232.7%
BFLY	Butterfly Network	2.3	90.0%	133.9%
QURE	uniQure	3.0	88.8%	98.5%
CDNL	Cardinal Infrastructure	1.4	85.3%	280.5%
APGE	Apogee Therapeutics	9.2	70.5%	75.6%
APPS	Digital Turbine	1.3	65.7%	121.4%
MBX	MBX Biosciences	2.4	64.1%	65.9%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
ADCT	ADC Therapeutics	0.2	-70.3%	-71.1%
FLY	Firefly Aerospace	4.1	-55.4%	14.2%
RDW	Redwire	2.1	-54.5%	43.8%
SATL	Satellogic	0.7	-52.7%	147.1%
BKSY	BlackSky Technology	0.9	-51.5%	32.1%
LUNR	Intuitive Machines	2.4	-50.9%	21.9%
HTZ	Hertz Global	0.8	-49.8%	-48.6%
TMCR	Metals Royalty	0.4	-49.5%	-52.1%
MSTR	Strategy	27.5	-46.6%	-45.8%
PL	Planet Labs PBC	8.6	-46.4%	37.3%

Peer Comparisons

Peers to compare with:

Financials

	APUR	AACP	ACGC	AMAN	ETSS	Median
Name	Aperture.	Apogee A.	ACP Acqu.	Amanat A.	Energy T.
Mkt Price	9.90	9.99	9.94	10.08	-	9.96
Mkt Cap	-	-	-	-	-	-
Rev LTM	-	-	-	-	-	-
Op Inc LTM	-	-	-	-	-	-
FCF LTM	-	-	-	-	-	-
FCF 3Y Avg	-	-	-	-	-	-
CFO LTM	-	-	-	-	-	-
CFO 3Y Avg	-	-	-	-	-	-

Growth & Margins

	APUR	AACP	ACGC	AMAN	ETSS	Median
Name	Aperture.	Apogee A.	ACP Acqu.	Amanat A.	Energy T.
Rev Chg LTM	-	-	-	-	-	-
Rev Chg 3Y Avg	-	-	-	-	-	-
Rev Chg Q	-	-	-	-	-	-
QoQ Delta Rev Chg LTM	-	-	-	-	-	-
Op Inc Chg LTM	-	-	-	-	-	-
Op Inc Chg 3Y Avg	-	-	-	-	-	-
Op Mgn LTM	-	-	-	-	-	-
Op Mgn 3Y Avg	-	-	-	-	-	-
QoQ Delta Op Mgn LTM	-	-	-	-	-	-
CFO/Rev LTM	-	-	-	-	-	-
CFO/Rev 3Y Avg	-	-	-	-	-	-
FCF/Rev LTM	-	-	-	-	-	-
FCF/Rev 3Y Avg	-	-	-	-	-	-

Valuation

	APUR	AACP	ACGC	AMAN	ETSS	Median
Name	Aperture.	Apogee A.	ACP Acqu.	Amanat A.	Energy T.
Mkt Cap	-	-	-	-	-	-
P/S	-	-	-	-	-	-
P/Op Inc	-	-	-	-	-	-
P/EBIT	-	-	-	-	-	-
P/E	-	-	-	-	-	-
P/CFO	-	-	-	-	-	-
Total Yield	-	-	-	-	-	-
Dividend Yield	-	-	-	-	-	-
FCF Yield 3Y Avg	-	-	-	-	-	-
D/E	-	-	-	-	-	-
Net D/E	-	-	-	-	-	-

Returns

	APUR	AACP	ACGC	AMAN	ETSS	Median
Name	Aperture.	Apogee A.	ACP Acqu.	Amanat A.	Energy T.
1M Rtn	0.1%	0.4%	0.1%	-0.5%	-	0.1%
3M Rtn	0.1%	0.4%	0.1%	0.7%	-	0.3%
6M Rtn	0.1%	0.4%	0.1%	0.7%	-	0.3%
12M Rtn	0.1%	0.4%	0.1%	0.7%	-	0.3%
3Y Rtn	0.1%	0.4%	0.1%	0.7%	-	0.3%
1M Excs Rtn	2.3%	2.6%	2.3%	1.5%	-	2.3%
3M Excs Rtn	-13.4%	-13.1%	-13.4%	-12.8%	-	-13.3%
6M Excs Rtn	-6.3%	-6.0%	-6.3%	-5.7%	-	-6.2%
12M Excs Rtn	-20.6%	-20.3%	-20.6%	-20.0%	-	-20.5%
3Y Excs Rtn	-68.3%	-68.0%	-68.3%	-67.8%	-	-68.2%

FDIC Bank Data

Bank Capital

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Bank Deposits

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Bank Assets

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Bank Loans

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FDA Approved Drugs Data

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Financials

Annual
Quarterly

$ Mil \| FY: null/null	LTM
Period End	0/0/-1
Filing Date	0/0/-1
Key Financials
Total Revenue	-
Net Income	-
EPS	-
Growth Rates
Total Revenue Growth	-
Net Income Growth	-
Margins
Net Income Margin	-
Cash & Debt
Total Cash	�
Total Debt	0
Net Debt / (Cash)	�
Cash Flows & CapEx
Net Cash from Operations	-
Total CapEx	0
Free Cash from Operations	-
Returns to Shareholders
Dividends	0
Share Repurchases	-0

$ Mil \| FY: null/null
Period End
Filing Date
Key Financials Quarterly
Total Revenue
Net Income
EPS
Key Financials TTM
Total Revenue TTM
Net Income TTM
Growth Rates Quarterly
Total Revenue Growth
Net Income Growth
Margins Quarterly
Net Income Margin
Cash & Debt
Total Cash
Total Debt
Net Debt / (Cash)
Cash Flows Quarterly
FCF from Operations
Cash Flows TTM
FCF from Operations TTM
Returns to Shareholders Quarterly
Dividends
Share Repurchases
Return on Invested Capital (ROIC) Quarterly
ROIC
Return on Invested Capital (ROIC) TTM
ROIC TTM

Segment Financials

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Price Behavior

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APUR Betas & Captures as of 5/31/2026

	1M	2M	3M	6M	1Y	3Y
Beta
Up Beta	�	�	�	�	�	�
Down Beta	�	�	�	�	�	�
Up Capture	0%	0%	0%	0%	0%	0%
Bmk +ve Days	13	28	36	67	141	432
Stock +ve Days
Down Capture	-0%	-0%	-0%	-0%	-0%	-0%
Bmk -ve Days	7	13	27	57	109	318
Stock -ve Days

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Based On 1-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with APUR
APUR	0.1%	3.4%	-0.47	-
Sector ETF (XLF)	5.5%	14.5%	0.15	61.4%
Equity (SPY)	21.2%	12.4%	1.26	-25.2%
Gold (GLD)	21.8%	27.7%	0.70	-19.0%
Commodities (DBC)	21.8%	18.6%	0.92	-28.1%
Real Estate (VNQ)	16.1%	13.6%	0.85	50.4%
Bitcoin (BTCUSD)	-44.2%	42.5%	-1.25	-34.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with APUR
APUR	0.0%	3.4%	-0.47	-
Sector ETF (XLF)	10.7%	18.6%	0.44	61.4%
Equity (SPY)	13.4%	17.1%	0.61	-25.2%
Gold (GLD)	17.8%	18.3%	0.79	-19.0%
Commodities (DBC)	7.4%	19.5%	0.28	-28.1%
Real Estate (VNQ)	3.4%	18.9%	0.08	50.4%
Bitcoin (BTCUSD)	10.9%	54.0%	0.39	-34.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 10-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with APUR
APUR	0.0%	3.4%	-0.47	-
Sector ETF (XLF)	13.3%	22.1%	0.55	61.4%
Equity (SPY)	15.2%	18.0%	0.72	-25.2%
Gold (GLD)	11.8%	16.1%	0.60	-19.0%
Commodities (DBC)	5.9%	18.0%	0.26	-28.1%
Real Estate (VNQ)	5.6%	20.7%	0.23	50.4%
Bitcoin (BTCUSD)	54.7%	66.4%	0.95	-34.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date	6152026
Short Interest: Shares Quantity	0.0 Mil
Short Interest: % Change Since 5312026	100.0%
Average Daily Volume	0.3 Mil
Days-to-Cover Short Interest	1

Returns Analyses

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Earnings Returns History

Updated 6/12/2026

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
SUMMARY STATS
# Positive	0	0	0
# Negative	0	0	0
Median Positive
Median Negative
Max Positive
Max Negative

Collapse to Preview

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
SUMMARY STATS
# Positive	0	0	0
# Negative	0	0	0
Median Positive
Median Negative
Max Positive
Max Negative

SEC Filings

Expand for More

Recent Forward Guidance

Updated 6/27/2026

Latest: null Earnings Reported N/A/N/A/N/A

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Insider Activity

Updated 6/17/2026

Expand for More

#	Owner	Title	Holding	Action	Filing Date	Price	Shares	Transacted Value	Value of Held Shares	Form
1	Goldman, Sachs Group Inc		See Footnotes	Sell	6172026	9.90	48	475	10,470,210	Form
2	Aperture, Sponsor Llc		Direct	Buy	5272026	10.00	223,000	2,230,000	2,230,000	Form

Collapse to Preview

#	Owner	Title	Holding	Action	Filing Date	Price	Shares	Transacted Value	Value of Held Shares	Form
1	Goldman, Sachs Group Inc		See Footnotes	Sell	6172026	9.90	48	475	10,470,210	Form
2	Aperture, Sponsor Llc		Direct	Buy	5272026	10.00	223,000	2,230,000	2,230,000	Form

APUR Trade Sentinel

Stock Conviction

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CONVICTION RATIONALE

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STOCK ARCHETYPE

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Looking for high-conviction positions with a better risk/reward profile? See what's currently in the Trefis High Quality Portfolio.

INVESTMENT THESIS

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Mechanism: null

Supporting Evidence:

PRIMARY RISK

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Mechanism: null

Supporting Evidence:

Key KPI Watchlist

KPI	Threshold	Rationale

Core Investment Debate

BULL VIEW

CORE TENSION

PREVAILING SENTIMENT

BEAR VIEW

Next 6 months: Risks and Catalysts

Timeline	Event & Metric To Watch

Key Events in Last 6 Months

Date	Event	Stock Impact

Risk Management

Position Sizing

Diversification Alternatives

How Is The Market Pricing APUR?

What will confirm the thesis

What will damage the thesis

Noise: Real but irrelevant to thesis

Repricing Catalyst

What APUR Makes & Who Pays

TTM figures based on

APUR Evolution: Price Return by Era

① Structure

② Volume / Momentum

③ Catalyst

Combined Score

0 / 12

1 Price Structure & Trend · ▾

2 Momentum ▾

3 Relative Strength vs. SPY ▾

4 Institutional Footprint & Volume ▾

5 Volatility ▾

6 Key Price Levels Range · Vol ▾

7 Earnings Reaction History ▾

8 How the Verdict Is Derived Three Pillars ▾

Pillar	Score
① Structure	0
② Vol / Mom	0
③ Catalyst	0

ℹ Bull Pillars: 0 · Bear Pillars: 0 · Combined Score: 0 →

Industry Resources

Financials Resources

Federal Reserve Economic Data

Multi-Sector Holdings Resources

McKinsey & Company Insights

Harvard Business Review

ValueWalk

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Core Cache Last Updated: 6/27/2026

Aperture AC (APUR)

Market Price (6/28/2026): $9.9 | Market Cap: $-Sector: Financials | Industry: Multi-Sector Holdings

Aperture AC (APUR)

Market Price (6/28/2026): $9.9Market Cap: $-Sector: FinancialsIndustry: Multi-Sector Holdings

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

Stock Movement Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Return vs. Risk

Price Returns Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

In The Past

Preserve Wealth

Asset Allocation

About Aperture AC (APUR)

Interactive Breakdown

Better Bets vs. Aperture AC (APUR)

Latest Trefis Analyses

Trade Ideas

Recent Active Movers

Top Gainers

Top Losers

Top Gainers

Top Losers

Top Gainers

Top Losers

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons

Financials

Growth & Margins

Valuation

Returns

Comparison Analyses

FDIC Bank Data

Bank Capital

Bank Deposits

Bank Assets

Bank Loans

FDA Approved Drugs Data

Financials

Segment Financials

Price Behavior

Based On 1-Year Data

Based On 5-Year Data

Based On 10-Year Data

Short Interest

Returns Analyses

Earnings Returns History

SEC Filings

Recent Forward Guidance

Insider Activity

APUR Trade Sentinel

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CONVICTION RATIONALE

STOCK ARCHETYPE

INVESTMENT THESIS

PRIMARY RISK

BULL VIEW

CORE TENSION

PREVAILING SENTIMENT

BEAR VIEW

Position Sizing

Diversification Alternatives

Repricing Catalyst

Market Price (6/28/2026): $9.9
Market Cap: $-
Sector: Financials
Industry: Multi-Sector Holdings