Tearsheet

Apimeds Pharmaceuticals Us (APUS)


Market Price (6/27/2026): $0.9 | Market Cap: $14.0 MilSector: Health Care | Industry: Pharmaceuticals

Apimeds Pharmaceuticals Us (APUS)


Market Price (6/27/2026): $0.9
Market Cap: $14.0 Mil
Sector: Health Care
Industry: Pharmaceuticals

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

0

Weak multi-year price returns
2Y Excs Rtn is -130%, 3Y Excs Rtn is -164%

Penny stock
Mkt Price is 0.9

Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -24 Mil

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 51%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -296%

High stock price volatility
Vol 12M is 167%

Key risks
APUS key risks include [1] its dependence on a second Phase 3 trial for its sole drug candidate, Show more.

0 Weak multi-year price returns
2Y Excs Rtn is -130%, 3Y Excs Rtn is -164%
1 Penny stock
Mkt Price is 0.9
2 Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -24 Mil
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 51%
5 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -296%
6 High stock price volatility
Vol 12M is 167%
7 Key risks
APUS key risks include [1] its dependence on a second Phase 3 trial for its sole drug candidate, Show more.

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

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Updated on 6/1/2026

Apimeds Pharmaceuticals Us (APUS) stock has lost about 95% since 2/28/2026 because of the following key factors:

1. Substantial Net Loss in Q1 2026 Driven by Cryptocurrency Holdings.

Apimeds Pharmaceuticals US reported a significant net loss of $35.1 million for the first quarter of 2026, ending March 31, 2026, a substantial increase from a $0.4 million loss in the same period a year prior. This loss was primarily attributed to a $22.1 million unrealized loss on its cryptocurrency holdings and an $8.1 million non-cash stock charge. The fair value of the company's digital assets decreased from $149.9 million at the end of 2025 to $127.8 million by March 31, 2026, highlighting the volatility and impact of its digital asset segment on financial performance.

2. Expression of Substantial Doubt Regarding "Going Concern" Status.

Management explicitly stated "substantial doubt about its ability to continue as a going concern." This concern stemmed from recurring losses, the company's reliance on a $120.9 million PIPE facility (of which only $10.9 million had been drawn), and the inherent uncertainty surrounding future draws from this facility.

Show more
Updated on 6/1/2026

Apimeds Pharmaceuticals Us (APUS) stock has lost about 95% since 2/28/2026 because of the following key factors:

1. Substantial Net Loss in Q1 2026 Driven by Cryptocurrency Holdings.

Apimeds Pharmaceuticals US reported a significant net loss of $35.1 million for the first quarter of 2026, ending March 31, 2026, a substantial increase from a $0.4 million loss in the same period a year prior. This loss was primarily attributed to a $22.1 million unrealized loss on its cryptocurrency holdings and an $8.1 million non-cash stock charge. The fair value of the company's digital assets decreased from $149.9 million at the end of 2025 to $127.8 million by March 31, 2026, highlighting the volatility and impact of its digital asset segment on financial performance.

2. Expression of Substantial Doubt Regarding "Going Concern" Status.

Management explicitly stated "substantial doubt about its ability to continue as a going concern." This concern stemmed from recurring losses, the company's reliance on a $120.9 million PIPE facility (of which only $10.9 million had been drawn), and the inherent uncertainty surrounding future draws from this facility.

3. Resolution of Merger Disputes and Spin-off of Core Therapeutic Asset.

Apimeds Pharmaceuticals US announced a comprehensive settlement on May 5, 2026, resolving disputes related to its December 1, 2025, merger with MindWave Innovations Inc. While this cleared the path for the merger's completion and a previously disclosed $100 million PIPE financing, it also involved Lōkahi Therapeutics, Inc. becoming an independent biopharmaceutical company focused on the Apitox program, Apimeds' primary therapeutic asset. Lōkahi was to deliver $4 million to Apimeds as part of this arrangement, signifying a divestiture of its core drug development program.

4. Delayed Financial Reporting and Identified Internal Control Weaknesses.

The company informed the SEC on May 15, 2026, of a delay in filing its Quarterly Report on Form 10-Q for Q1 2026, citing the need for additional time to finalize financial statements. The subsequent Q1 2026 report also disclosed material weaknesses in internal control over financial reporting, indicating that the company's disclosure controls were not effective.

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Stock Movement Drivers

Fundamental Drivers

The -93.4% change in APUS stock from 2/28/2026 to 6/26/2026 was primarily driven by a -18.9% change in the company's Shares Outstanding (Mil).
(LTM values as of)22820266262026Change
Stock Price ($)13.600.90-93.4%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple0.0%
Shares Outstanding (Mil)1316-18.9%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/26/2026
ReturnCorrelation
APUS-93.4% 
Market (SPY)6.6%0.3%
Sector (XLV)0.5%-0.7%

Fundamental Drivers

The -96.9% change in APUS stock from 11/30/2025 to 6/26/2026 was primarily driven by a -18.9% change in the company's Shares Outstanding (Mil).
(LTM values as of)113020256262026Change
Stock Price ($)29.000.90-96.9%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple0.0%
Shares Outstanding (Mil)1316-18.9%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/26/2026
ReturnCorrelation
APUS-96.9% 
Market (SPY)7.3%8.5%
Sector (XLV)2.6%0.0%

Fundamental Drivers

The -94.9% change in APUS stock from 5/31/2025 to 6/26/2026 was primarily driven by a -25.4% change in the company's Shares Outstanding (Mil).
(LTM values as of)53120256262026Change
Stock Price ($)17.500.90-94.9%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple0.0%
Shares Outstanding (Mil)1216-25.4%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/26/2026
ReturnCorrelation
APUS-94.9% 
Market (SPY)25.1%11.2%
Sector (XLV)23.0%1.1%

Fundamental Drivers

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Market Drivers

5/31/2023 to 6/26/2026
ReturnCorrelation
APUS  
Market (SPY)81.3%8.1%
Sector (XLV)31.9%-0.5%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
APUS Return-----25%-95%-96%
Peers Return29%3%2%-5%31%5%79%
S&P 500 Return27%-19%24%23%16%7%96%

Monthly Win Rates [3]
APUS Win Rate----50%33% 
Peers Win Rate55%53%45%43%57%57% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
APUS Max Drawdown------96% 
Peers Max Drawdown-22%-24%-29%-29%-22%-19% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: PCRX, PFE, JNJ, LLY, AMGN.
[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)

How Low Can It Go

APUS has limited trading history. Below is the Health Care sector ETF (XLV) in its place.

EventXLVS&P 500
2025 US Tariff Shock
  % Loss-11.7%-18.8%
  % Gain to Breakeven13.3%23.1%
  Time to Breakeven142 days79 days
2022 Inflation Shock & Fed Tightening
  % Loss-13.8%-24.5%
  % Gain to Breakeven15.9%32.4%
  Time to Breakeven166 days427 days
2020 COVID-19 Crash
  % Loss-27.9%-33.7%
  % Gain to Breakeven38.8%50.9%
  Time to Breakeven77 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-15.0%-19.2%
  % Gain to Breakeven17.6%23.8%
  Time to Breakeven191 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-15.9%-12.2%
  % Gain to Breakeven18.9%13.9%
  Time to Breakeven165 days62 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-15.8%-17.9%
  % Gain to Breakeven18.8%21.8%
  Time to Breakeven153 days123 days

Compare to PCRX, PFE, JNJ, LLY, AMGN

In The Past

State Street Health Care Select Sector SPDR ETF's stock fell -11.7% during the 2025 US Tariff Shock. Such a loss loss requires a 13.3% 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.

APUS has limited trading history. Below is the Health Care sector ETF (XLV) in its place.

EventXLVS&P 500
2020 COVID-19 Crash
  % Loss-27.9%-33.7%
  % Gain to Breakeven38.8%50.9%
  Time to Breakeven77 days140 days
2008-2009 Global Financial Crisis
  % Loss-37.9%-53.4%
  % Gain to Breakeven61.1%114.4%
  Time to Breakeven767 days1085 days

Compare to PCRX, PFE, JNJ, LLY, AMGN

In The Past

State Street Health Care Select Sector SPDR ETF's stock fell -11.7% during the 2025 US Tariff Shock. Such a loss loss requires a 13.3% 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 Apimeds Pharmaceuticals Us (APUS)

Apimeds Pharmaceuticals US (APUS) is a clinical-stage biopharmaceutical company dedicated to developing Apitox, an intradermally administered, bee venom-based toxin. The company's primary goal is to secure U.S. Food and Drug Administration (FDA) approval for Apitox as a treatment for knee pain in patients suffering from osteoarthritis (OA), particularly those who have not found relief from conventional therapies.

Apitox is currently in the late clinical development stage for OA, with Apimeds US preparing to initiate its own Phase III trial in the United States. This development leverages prior clinical data from Apimeds Korea, where a similar product, Apitoxin, has been approved and sold for OA since 2003. Apimeds US operates independently from the South Korean market and aims to bring this potential therapy to OA patients and their physicians in the U.S., with a current strategic focus solely on OA development.

AI Analysis | Feedback

Apimeds Pharmaceuticals Us (APUS) is like:

  • A **smaller, specialized version of GW Pharmaceuticals** (known for developing cannabis-based drugs), but focused on bringing **bee venom-based therapies** that are already approved and sold in South Korea through the rigorous **US FDA approval process**.

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Major Products

  • Apitox for Osteoarthritis (OA): An intradermally administered bee venom-based toxin currently in Phase III clinical development as a potential treatment for knee pain associated with osteoarthritis.

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Apimeds Pharmaceuticals Us (APUS) is a clinical-stage biopharmaceutical company focused on developing Apitox. Based on the provided description, the company has not yet generated any revenue from the sale or distribution of Apitox in the United States.

Therefore, Apimeds Pharmaceuticals Us does not currently have any major customers, either other companies or individuals, for its product.

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  • Apimeds Inc.
  • Inscobee Inc.

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Dr. Vin Menon, Chief Executive Officer and Director

Dr. Vin Menon is a veteran in the technology services industry, credited with the strategic direction behind several disruptive technology companies. He has held various leadership positions at multinational corporations like HP & Compaq with global responsibilities. Driven by his passion for technology and innovation, Dr. Menon has been a forerunner in technological innovation and has helped create the business ecosystem of disruptive technologies and high-growth companies. His experience has helped him as an entrepreneur and advisor, leading several startups from inception to meteoric growth across continents. Dr. Menon's proven track record of setting up motivated and high-caliber teams, establishing development centers from scratch to scale, and building company competencies led him to being awarded 'Entrepreneur of the Year 2012' by Rotary-ASME, 'Outstanding Entrepreneur Award 2011' by APEA, and the 'Spirit of Enterprise 2010' by SOE Singapore. He was also selected as a 'Leading Indian Entrepreneur of the Year 2010' by the Singapore Indian Chamber of Commerce. From 2021 to 2023, he co-founded and served as Strategic Advisor to CGCX, a Fintech, decentralized finance, and digital assets platform, where he provided strategic advisory services and growth initiatives. He currently serves as Chief Executive Officer of AQUAE Impact, a sustainable financial and environmental assets platform that uses blockchain technology and artificial intelligence, which he co-founded and currently forms part of its executive leadership providing oversight of product and sustainability initiatives. He also currently serves as Chief Executive Officer of AQUAE Labs Pte Ltd, the research and development and technology arm of AQUAE Impact, where he provides product and technology leadership.

Erick J. Frim, Chief Financial Officer

Mr. Frim has over 40 years of experience as an accountant, financial executive, and consultant. He joined Helio Corporation in December 2024. In 2019, he joined CFO Squad as a partner, where he advised clients on technical accounting and regulatory compliance, assisting numerous companies with their initial public offerings. Prior to CFO Squad, Mr. Frim served as a director in the public company audit practice of EisnerAmper LLP. He also served as a financial executive for digital media pioneer DIVA Systems Corporation. Mr. Frim is a former CPA.

Erik Emerson, President & Director

Mr. Emerson's annual base salary was increased to $500,000 effective November 13, 2025. The amendment to his executive employment agreement also updated severance terms.

Dr. Christopher Kim, MD, Chief Medical Officer

Dr. Christopher Kim served as the interim Chief Executive Officer of Apimeds Pharmaceuticals US from July 2022 to September 2023.

Susan Kramer, DrPH, Senior Vice President, Development

Dr. Kramer possesses more than 30 years of experience in biopharmaceutical research and development, with her first 18 years spent at Genentech. She was a co-founder of Corthera, Inc., which was later acquired by Novartis. Dr. Kramer has also held senior management and key alliance management roles at various other biotech companies, including XOMA, Anesiva, and Annexon Biosciences. Most recently, she served as Executive Vice President of Development at Concentric Analgesics.

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Key Business Risks for Apimeds Pharmaceuticals US (APUS)

  1. Failure to obtain U.S. Food and Drug Administration (FDA) approval for Apitox. The company's entire business model is contingent upon the successful completion of a second Phase III clinical trial and subsequent FDA approval for Apitox as an osteoarthritis treatment. A previous Phase III trial by Apimeds Korea did not meet FDA standards due to an insufficient study population and inadequate data handling, highlighting significant regulatory hurdles.
  2. Lack of commercialized products and revenue. Apimeds US currently generates no revenue from the sale or distribution of Apitox in the United States and is dependent on proceeds from security sales to prior investors for its operations.
  3. Competition from existing osteoarthritis treatments. The successful market entry of Apitox is dependent on demonstrating clinical benefits beyond current treatment options for osteoarthritis, which could pose a challenge in a competitive therapeutic landscape.

AI Analysis | Feedback

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AI Analysis | Feedback

The addressable market for Apimeds Pharmaceuticals US (APUS)'s main product, Apitox, as a potential treatment for knee osteoarthritis, is the U.S. knee osteoarthritis treatment market. This market was valued at approximately USD 8.9 billion in 2023. Projections indicate that the knee osteoarthritis market in the U.S. is expected to grow, with some estimates suggesting it will reach US$ 9.1 billion by 2034.

AI Analysis | Feedback

Apimeds Pharmaceuticals US (APUS) is a clinical-stage biopharmaceutical company primarily focused on developing Apitox, a bee venom-based toxin, for the treatment of knee osteoarthritis. As the company currently generates no revenue from product sales in the United States, its future revenue growth over the next 2-3 years is anticipated to be driven by the following key factors:
  1. Successful Completion of Phase III Clinical Trial and U.S. FDA Approval for Apitox in Knee Osteoarthritis: The primary driver of future revenue will be the successful completion of its second Phase III clinical trial for Apitox as a treatment for advanced knee osteoarthritis, followed by obtaining U.S. Food and Drug Administration (FDA) marketing approval. This regulatory milestone is a prerequisite for commercialization and revenue generation from product sales in the U.S.
  2. Commercial Launch and Market Penetration of Apitox for Advanced Knee Osteoarthritis: Following FDA approval, revenue growth will be driven by the successful commercial launch of Apitox in the U.S. market. This includes the effective marketing, sales, and increasing adoption of Apitox by healthcare providers and patients suffering from advanced knee osteoarthritis, leading to growing sales volumes.
  3. Revenue Generation from MindWave Innovations' Digital Treasury and Digital Asset Yield Generation: A significant new driver of company revenue is the merger with MindWave Innovations Inc. in December 2025. This integration introduces an AI-driven digital treasury and digital asset yield generation business, which aims to provide substantial cash flow and accelerate Apimeds' therapeutic programs. This represents a distinct, non-biopharmaceutical revenue stream contributing to overall company growth.
  4. Expansion of Apitox's Indications to Other Inflammatory and Autoimmune Diseases: Beyond knee osteoarthritis, Apimeds Pharmaceuticals US has indicated plans to explore and potentially advance Apitox for other inflammatory and autoimmune conditions, such as rheumatoid arthritis, lupus, and psoriasis. While commercial sales from these new indications may extend beyond the immediate 2-3 year timeframe, progress in preclinical or clinical stages for these additional indications would significantly drive future revenue growth potential and enhance the company's valuation.

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Share Issuance

  • The company issued securities to prior investors, generating proceeds to fund clinical data development and advance treatment opportunities.
  • Prior investments in the form of convertible notes were converted into equity.

Inbound Investments

  • The company received proceeds from the sale of its securities to prior investors.
  • Convertible notes from prior investments were converted into equity, which eliminated existing debt.
  • On August 2, 2021, Apimeds Korea, a principal stockholder, granted Apimeds US a sublicensable, royalty-bearing license to utilize all prior clinical development data for Apitox and to advance clinical research, develop, manufacture, and commercialize Apitox in the United States.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

APUSPCRXPFEJNJLLYAMGNMedian
NameApimeds .Pacira B.Pfizer Johnson .Eli LillyAmgen  
Mkt Price0.9025.2424.29254.661,208.12358.33139.95
Mkt Cap0.01.0138.2613.41,080.7193.5165.9
Rev LTM073563,31496,36272,25037,22050,267
Op Inc LTM-241615,50825,79234,17210,56813,038
FCF LTM-111339,48317,41310,3688,5979,040
FCF 3Y Avg-41558,60318,0741,7348,8705,168
CFO LTM-1114211,98422,87020,48010,75611,370
CFO 3Y Avg-416811,51723,61511,15810,34810,753

Growth & Margins

APUSPCRXPFEJNJLLYAMGNMedian
NameApimeds .Pacira B.Pfizer Johnson .Eli LillyAmgen  
Rev Chg LTM-4.6%1.4%7.9%47.4%9.1%7.9%
Rev Chg 3Y Avg-3.2%-9.2%4.4%37.9%12.5%4.4%
Rev Chg Q-5.0%5.4%9.9%55.5%5.8%5.8%
QoQ Delta Rev Chg LTM-1.2%1.2%2.3%10.8%1.3%1.3%
Op Inc Chg LTM-1,635.3%-80.7%3.1%20.7%73.3%41.9%11.9%
Op Inc Chg 3Y Avg-15.0%203.9%5.7%67.4%8.8%15.0%
Op Mgn LTM-2.2%24.5%26.8%47.3%28.4%26.8%
Op Mgn 3Y Avg-9.2%17.3%25.6%39.7%24.6%24.6%
QoQ Delta Op Mgn LTM--0.5%-0.7%-0.4%1.7%3.7%-0.4%
CFO/Rev LTM-19.4%18.9%23.7%28.3%28.9%23.7%
CFO/Rev 3Y Avg-23.8%18.9%26.2%19.2%30.7%23.8%
FCF/Rev LTM-18.1%15.0%18.1%14.4%23.1%18.1%
FCF/Rev 3Y Avg-22.0%14.0%20.1%0.3%26.4%20.1%

Valuation

APUSPCRXPFEJNJLLYAMGNMedian
NameApimeds .Pacira B.Pfizer Johnson .Eli LillyAmgen  
Mkt Cap0.01.0138.2613.41,080.7193.5165.9
P/S-1.42.26.415.05.25.2
P/Op Inc-0.663.98.923.831.618.321.0
P/EBIT-0.437.513.123.630.216.420.0
P/E-0.3198.818.529.242.824.827.0
P/CFO-1.37.211.526.852.818.014.8
Total Yield-291.2%0.5%12.5%5.5%2.9%6.7%4.2%
Dividend Yield0.0%0.0%7.1%2.0%0.5%2.7%1.3%
FCF Yield 3Y Avg-13.7%5.7%4.1%0.2%5.2%5.2%
D/E0.70.40.50.10.00.30.3
Net D/E0.50.20.40.10.00.20.2

Returns

APUSPCRXPFEJNJLLYAMGNMedian
NameApimeds .Pacira B.Pfizer Johnson .Eli LillyAmgen  
1M Rtn-36.6%5.0%-7.3%10.1%11.6%6.6%5.8%
3M Rtn-52.9%10.3%-8.7%6.5%37.8%3.5%5.0%
6M Rtn-94.9%-4.8%0.1%24.0%12.5%9.2%4.6%
12M Rtn-94.8%6.5%7.2%71.7%53.0%32.2%19.7%
3Y Rtn-95.9%-36.5%-19.6%70.2%165.7%76.5%25.3%
1M Excs Rtn-34.4%7.2%-5.1%12.3%13.8%8.8%8.0%
3M Excs Rtn-58.3%-5.3%-24.0%-6.5%21.4%-11.3%-8.9%
6M Excs Rtn-101.2%-8.4%-5.5%18.7%6.7%3.2%-1.1%
12M Excs Rtn-115.3%-15.2%-13.6%50.7%32.8%10.9%-1.3%
3Y Excs Rtn-164.4%-105.8%-93.2%1.2%104.0%4.6%-46.0%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil2025202320222021
BioBusiness Segment0   
Corporate0   
Digital Asset Segment0   
Single Segment 000
Total0000


Operating Income by Segment
$ Mil2025
Corporate0
Digital Asset Segment-3
BioBusiness Segment-9
Total-12


Net Income by Segment
$ Mil2025
Digital Asset Segment3
Corporate-0
BioBusiness Segment-9
Total-6


Assets by Segment
$ Mil2024202320222021
Single Segment0000
Total0000


Price Behavior

Price Behavior
Market Price$0.90 
Market Cap ($ Bil)0.0 
Distance from 52W High-97.7% 
   50 Days200 Days
DMA Price$8.17$18.20
DMA Trenddowndown
Distance from DMA-89.0%-95.1%
 3M1YR
Volatility212.1%174.9%
Downside Capture545.31645.71
Upside Capture-25.25144.79
Correlation (SPY)1.2%10.3%
APUS Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta0.13-0.10-0.041.441.50-0.77
Up Beta-10.98-3.33-1.79-1.09-0.94-2.07
Down Beta-11.27-7.54-9.60-2.14-0.72-2.21
Up Capture73%52%39%89%284%21%
Bmk +ve Days13283667141432
Stock +ve Days782043101107
Down Capture1063%650%579%352%222%112%
Bmk -ve Days7132757109318
Stock -ve Days10112156121129

[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 APUS
APUS-96.6%163.3%-0.86-
Sector ETF (XLV)21.4%15.4%1.06-0.1%
Equity (SPY)21.2%12.4%1.268.9%
Gold (GLD)21.8%27.7%0.7015.3%
Commodities (DBC)21.8%18.6%0.9218.0%
Real Estate (VNQ)16.1%13.6%0.85-4.4%
Bitcoin (BTCUSD)-44.7%42.5%-1.2713.5%

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 APUS
APUS-52.0%155.8%-0.95-
Sector ETF (XLV)7.0%14.8%0.29-1.2%
Equity (SPY)13.4%17.1%0.616.5%
Gold (GLD)17.8%18.3%0.7915.3%
Commodities (DBC)7.4%19.5%0.2815.8%
Real Estate (VNQ)3.4%18.9%0.08-4.7%
Bitcoin (BTCUSD)10.7%54.0%0.3913.2%

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 APUS
APUS-30.7%155.8%-0.95-
Sector ETF (XLV)10.4%16.6%0.51-1.2%
Equity (SPY)15.2%18.0%0.726.5%
Gold (GLD)11.8%16.1%0.6015.3%
Commodities (DBC)5.9%18.0%0.2615.8%
Real Estate (VNQ)5.6%20.7%0.23-4.7%
Bitcoin (BTCUSD)54.6%66.4%0.9513.2%

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

Short Interest

Short Interest: As Of Date6152026
Short Interest: Shares Quantity0.1 Mil
Short Interest: % Change Since 5312026-11.6%
Average Daily Volume0.0 Mil
Days-to-Cover Short Interest4.6 days
Basic Shares Quantity15.5 Mil
Short % of Basic Shares0.9%

Earnings Returns History

Updated 6/3/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
SUMMARY STATS   
# Positive000
# Negative000
Median Positive   
Median Negative   
Max Positive   
Max Negative   
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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
SUMMARY STATS   
# Positive000
# Negative000
Median Positive   
Median Negative   
Max Positive   
Max Negative   

SEC Filings

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Report DateFiling DateFiling
03/31/202605/26/202610-Q
12/31/202505/04/202610-K
09/30/202511/12/202510-Q
06/30/202508/19/202510-Q
03/31/202505/20/202510-Q
12/31/202405/09/2025424B4
09/30/202412/09/2024S-1/A
06/30/202409/25/2024S-1
03/31/202408/05/2024DRS/A
09/30/202301/29/2024DRS
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Report DateFiling DateFiling
03/31/202605/26/202610-Q
12/31/202505/04/202610-K
09/30/202511/12/202510-Q
06/30/202508/19/202510-Q
03/31/202505/20/202510-Q
12/31/202405/09/2025424B4
09/30/202412/09/2024S-1/A
06/30/202409/25/2024S-1
03/31/202408/05/2024DRS/A
09/30/202301/29/2024DRS
Core Cache Last Updated: 6/26/2026