Braveheart Bio (BRVE)


Market Price (11/6/2026): $17.415 | Market Cap: $1.6 BilSector: Health Care | Industry: Biotechnology

Braveheart Bio (BRVE)


Market Price (11/6/2026): $17.415
Market Cap: $1.6 Bil
Sector: Health Care
Industry: Biotechnology

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

0

Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, and Precision Medicine. Themes include Advanced Diagnostics, and Targeted Therapies.

Weak multi-year price returns
2Y Excs Rtn is -76%, 3Y Excs Rtn is -125%

Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.76

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 -31 Mil

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 -8.1%

Key risks
BRVE key risks include [1] its reliance on historical clinical trial data generated entirely by a third party, Show more.

0 Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, and Precision Medicine. Themes include Advanced Diagnostics, and Targeted Therapies.
1 Weak multi-year price returns
2Y Excs Rtn is -76%, 3Y Excs Rtn is -125%
2 Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.76
3 Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -31 Mil
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 -8.1%
6 Key risks
BRVE key risks include [1] its reliance on historical clinical trial data generated entirely by a third party, Show more.

BRVE in ETFs

Weight = BRVE's share of each fund

VTI0.00%
SCHA0.01%
ONEQ0.00%
VTWO0.00%
SCHB0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 11/5/2026

Braveheart Bio (BRVE) stock has lost about 40% since it went public on 8/6/2026 because of the following key factors:

1. Braveheart Bio experienced a significant earnings per share (EPS) miss in fiscal Q2 2026, which ended on June 30, 2026. The company reported an EPS of -$2.51 on September 8, 2026, dramatically missing the consensus analyst estimate of -$0.25 by $2.26. This substantial deviation, representing a 439.19% miss, contributed to a net loss attributable to common stockholders of $18.603 million. The increased operating costs, particularly in research and development (R&D) at $11.1 million for the quarter, further impacted profitability as the company advanced its lead candidate, BHB-1893.

2. The stock faced market skepticism due to its position within an already competitive therapeutic landscape for hypertrophic cardiomyopathy (HCM). Despite developing a next-generation cardiac myosin inhibitor, BHB-1893, Braveheart Bio is perceived as entering a market with established players like Bristol Myers Squibb's Camzyos and Cytokinetics' Myqorzo. This "third cardiac myosin inhibitor" status has fostered market concern and influenced the stock's decline from its initial trading highs.

Show more
Updated on 11/5/2026

Braveheart Bio (BRVE) stock has lost about 40% since it went public on 8/6/2026 because of the following key factors:

1. Braveheart Bio experienced a significant earnings per share (EPS) miss in fiscal Q2 2026, which ended on June 30, 2026. The company reported an EPS of -$2.51 on September 8, 2026, dramatically missing the consensus analyst estimate of -$0.25 by $2.26. This substantial deviation, representing a 439.19% miss, contributed to a net loss attributable to common stockholders of $18.603 million. The increased operating costs, particularly in research and development (R&D) at $11.1 million for the quarter, further impacted profitability as the company advanced its lead candidate, BHB-1893.

2. The stock faced market skepticism due to its position within an already competitive therapeutic landscape for hypertrophic cardiomyopathy (HCM). Despite developing a next-generation cardiac myosin inhibitor, BHB-1893, Braveheart Bio is perceived as entering a market with established players like Bristol Myers Squibb's Camzyos and Cytokinetics' Myqorzo. This "third cardiac myosin inhibitor" status has fostered market concern and influenced the stock's decline from its initial trading highs.

3. An extended timeline for pivotal clinical trial data readouts contributed to investor uncertainty for this clinical-stage biopharmaceutical company. Braveheart Bio's valuation is heavily reliant on the success and progression of its clinical trials. While the LIONHEART-HCM global Phase 3 trial for obstructive HCM was initiated in the second half of fiscal year 2026, interim results are not expected until the second half of fiscal year 2027. Similarly, the NOBLEHEART-HCM Phase 3 study for non-obstructive HCM is projected to commence in the first half of fiscal year 2027. This prolonged wait for crucial data readouts can lead to investor apprehension in the volatile biotechnology sector.

Show less
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →

Stock Movement Drivers

Fundamental Drivers

null
null

Market Drivers

7/31/2026 to 11/5/2026
ReturnCorrelation
BRVE  
Market (SPY)-1.9%13.2%
Sector (XLV)13.8%13.2%

Fundamental Drivers

null
null

Market Drivers

4/30/2026 to 11/5/2026
ReturnCorrelation
BRVE  
Market (SPY)2.3%13.2%
Sector (XLV)27.2%13.2%

Fundamental Drivers

null
null

Market Drivers

10/31/2025 to 11/5/2026
ReturnCorrelation
BRVE  
Market (SPY)8.4%13.2%
Sector (XLV)29.8%13.2%

Fundamental Drivers

null
null

Market Drivers

10/31/2023 to 11/5/2026
ReturnCorrelation
BRVE  
Market (SPY)81.3%13.2%
Sector (XLV)55.5%13.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
BRVE Return------42%-42%
Peers Return17%-31%137%-29%41%-12%68%
S&P 500 Return27%-19%24%23%16%12%105%

Monthly Win Rates [3]
BRVE Win Rate-----25% 
Peers Win Rate46%44%46%42%58%45% 
S&P 500 Win Rate75%42%67%75%67%45% 

Max Drawdowns [4]
BRVE Max Drawdown------ 
Peers Max Drawdown-46%-53%-46%-52%-41%-38% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: BMY, CYTK, BBIO, TNYA.
[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 11/5/2026 (YTD)

How Low Can It Go

BRVE 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 BMY, CYTK, BBIO, TNYA

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.

BRVE 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 BMY, CYTK, BBIO, TNYA

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 Braveheart Bio (BRVE)

Braveheart Bio (BRVE) is a clinical-stage biopharmaceutical company dedicated to developing innovative therapies for hypertrophic cardiomyopathy (HCM) and other serious cardiovascular diseases. Its lead product candidate, BHB-1893, is a next-generation oral small-molecule cardiac myosin inhibitor (CMI) designed to treat both obstructive (oHCM) and non-obstructive HCM (nHCM). The company aims to provide improved treatment options by enhancing therapeutic effectiveness, ensuring systolic safety, and simplifying the prescribing process for patients with this chronic and progressive heart condition.

BHB-1893 differentiates itself from first-generation CMIs, like mavacamten and aficamten, which often lead to a "LVEF cost"—a parallel, dose-dependent reduction in left ventricular ejection fraction. This limitation results in complex dose titrations and burdensome monitoring requirements for existing treatments. In trials, BHB-1893 has demonstrated rapid onset of activity, predictable pharmacokinetics, and importantly, a low LVEF cost, meaning patients experience significant therapeutic benefits with minimal impact on heart function. This profile has the potential to translate into superior clinical outcomes and greater ease of use, reducing the need for intensive monitoring.

Braveheart Bio has in-licensed BHB-1893, building on successful Phase 2 clinical trials conducted by its development partner, Hengrui, which showed rapid and substantial reductions in heart obstruction and improvements in cardiac function without significant LVEF reductions. The company holds exclusive development and commercialization rights outside of Greater China and plans to advance BHB-1893 into global Phase 3 trials: LIONHEART-HCM for oHCM in late 2026 and NOBLEHEART-HCM for nHCM in early 2027. Braveheart Bio targets the substantial global market of HCM patients, addressing a significant unmet medical need with its differentiated therapeutic candidate.

AI Analysis | Feedback

Here are 1-2 brief analogies to describe Braveheart Bio:

  • Braveheart Bio is aiming to be the 'Camzyos 2.0' for hypertrophic cardiomyopathy, developing a drug designed for better safety and simpler patient management than current leading treatments.
  • Think of Braveheart Bio as a focused challenger to major players like Bristol Myers Squibb (who markets Camzyos), aiming to develop a superior, next-generation drug for hypertrophic cardiomyopathy.

AI Analysis | Feedback

The major product of Braveheart Bio is:

  • BHB-1893: A next-generation oral small-molecule cardiac myosin inhibitor being developed for the treatment of obstructive and non-obstructive hypertrophic cardiomyopathy.

AI Analysis | Feedback

Braveheart Bio (BRVE) is a clinical-stage biopharmaceutical company focused on developing therapies for patients with hypertrophic cardiomyopathy. As per the provided description, the company is currently in the Phase 3 development stage for its lead product candidate, BHB-1893, and has not yet commercialized any products.

Therefore, Braveheart Bio currently does not have major customers that purchase its products or services, as it is focused on research, development, and clinical trials rather than commercial sales.

AI Analysis | Feedback

null

AI Analysis | Feedback

Travis Murdoch, M.D., Chief Executive Officer and President

Dr. Murdoch is the founder and former CEO of Human Immunology Biosciences (HI-Bio), a precision immunology company that was acquired by Biogen in 2024. Following the acquisition, he joined Biogen's leadership team, leading the West Coast Hub. Prior to that, he was a partner at Monograph Capital, an investor with Softbank Vision Fund, a principal at Third Rock Ventures, and a consultant at McKinsey & Company. He also co-founded the eye-disease biotech Ollin Biosciences.

Paul Rickey, Chief Financial Officer

Mr. Rickey previously served as CFO of Alpine Immune Sciences from 2017 until its acquisition by Vertex Pharmaceuticals for $4.9 billion in June 2024. From 2006 to 2017, he held finance and operating roles at various public and private life sciences companies, including Sound Pharmaceuticals, Immune Design, and Northstar Neuroscience. He began his career at Ernst & Young in 2001.

Michele Anderson, Chief Development Officer

Ms. Anderson previously served as the head of regulatory affairs at HI-Bio.

Marc Evanchik, Chief Scientific Officer

Dr. Evanchik was promoted to Chief Scientific Officer in February 2026, having previously served as Senior Vice President of Pharmacology and Translational Medicine at Braveheart Bio. He brings over 25 years of experience in the biotech industry, with deep expertise in the discovery and development of novel medicines, particularly cardiac myosin inhibitors. His prior experience includes roles at MyoKardia and Edgewise Therapeutics.

Brittany de Temple, Senior Vice President of Development Operations

Ms. de Temple joined Braveheart Bio in February 2026, bringing over 20 years of leadership experience in global clinical development operations across multiple therapeutic areas. Her background includes experience at Akero Therapeutics, Genentech, Gilead Sciences, and IQVIA.

AI Analysis | Feedback

Key Risks to Braveheart Bio (BRVE)

  1. Clinical Trial Success and Reliance on Third-Party Data: Braveheart Bio's future is entirely dependent on the successful development and regulatory approval of its sole product candidate, BHB-1893. A primary risk stems from the fact that all prior clinical trials of BHB-1893 were designed, sponsored, and conducted by Jiangsu Hengrui Pharmaceuticals Co., Ltd., with Braveheart Bio explicitly stating it "was not involved in the design, conduct, or oversight of these trials." This reliance on historical data generated by a third party, combined with the inherent uncertainties and high failure rates associated with global Phase 3 clinical trials, such as the planned LIONHEART-HCM and NOBLEHEART-HCM studies, presents a significant risk to the company's prospects. Any failure to achieve desired endpoints or replicate previous results could severely impact the business.
  2. Competition from Existing Therapies: BHB-1893 is being developed in a competitive landscape where first-generation cardiac myosin inhibitors, mavacamten (marketed as Camzyos) and aficamten (marketed as Myqorzo), are already approved and commercially available. While BHB-1893 is designed to address the noted limitations of these existing treatments, there is a substantial risk that it may not achieve sufficient differentiation, demonstrate superior real-world outcomes, or gain adequate market acceptance to effectively compete against these established therapies, which already have a presence and a defined prescribing and monitoring framework.
  3. Sole Product Candidate Dependency: The entirety of Braveheart Bio's business strategy and future value is concentrated on the successful development, regulatory approval, and eventual commercialization of a single product candidate, BHB-1893. The failure of BHB-1893 at any stage of development, whether due to safety concerns, lack of efficacy, manufacturing challenges, or an inability to obtain necessary regulatory approvals, would have a material adverse effect on the company's business, financial condition, and operational results, as there are no other pipeline candidates mentioned to mitigate this risk.

AI Analysis | Feedback

null

AI Analysis | Feedback

The addressable market for Braveheart Bio's main product candidate, BHB-1893, for the treatment of hypertrophic cardiomyopathy (HCM) is more than 700,000 individuals in the United States.

AI Analysis | Feedback

For Braveheart Bio (BRVE), a clinical-stage biopharmaceutical company, the expected drivers of future revenue growth over the next 2-3 years are centered on the advancement of its lead product candidate, BHB-1893, through pivotal clinical trials and potential data readouts. As a pre-revenue company, these milestones are critical for establishing future commercial viability and valuation.

Here are 3-5 expected drivers:

  • Initiation and progression of the LIONHEART-HCM global Phase 3 trial for obstructive hypertrophic cardiomyopathy (oHCM). Braveheart Bio expects to initiate this pivotal trial in the second half of 2026. Successful advancement through this trial will be a crucial step towards regulatory approval and eventual market entry, which would directly lead to product sales and revenue.
  • Initiation and progression of the NOBLEHEART-HCM global Phase 3 trial for non-obstructive hypertrophic cardiomyopathy (nHCM). This trial is anticipated to begin in the first half of 2027. Expanding into nHCM addresses a significant unmet medical need with no FDA-approved treatments, thus broadening BHB-1893's potential market and revenue opportunities significantly upon successful development and commercialization.
  • Potential positive data readouts from Hengrui Pharmaceuticals' Phase 2 trial of HRS-1893 in heart failure with preserved ejection fraction (HFpEF). Data from this trial, involving the same compound (HRS-1893/BHB-1893), are expected in the second half of 2027. Although Braveheart Bio's exclusive license currently excludes Greater China and the HFpEF indication, positive results would provide further clinical validation for the compound's broader therapeutic potential. This could enhance Braveheart Bio's valuation, attract further investment, and potentially open avenues for future license expansion or new partnerships.

AI Analysis | Feedback

Outbound Investments

  • Acquired worldwide rights (excluding Greater China) to BHB-1893 in September 2025 through an exclusive license agreement with Jiangsu Hengrui Pharmaceuticals Co., Ltd.

Capital Expenditures

  • Plans to initiate LIONHEART-HCM, a global Phase 3 trial in obstructive hypertrophic cardiomyopathy (oHCM), in the second half of 2026.
  • Plans to initiate NOBLEHEART-HCM, a global Phase 3 trial in non-obstructive hypertrophic cardiomyopathy (nHCM), in the first half of 2027.
  • The primary focus of these expected capital expenditures is to advance BHB-1893 through global Phase 3 development in both oHCM and nHCM.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

BRVEBMYCYTKBBIOTNYAMedian
NameBravehea.Bristol .Cytokine.BridgeBi.Tenaya T. 
Mkt Price17.4162.5256.4874.000.3356.48
Mkt Cap1.2127.77.914.50.17.9
Rev LTM050,0341139463113
Op Inc LTM-3114,604-708-353-81-81
FCF LTM-259,286-589-370-55-55
FCF 3Y Avg-12,797-482-475-74-275
CFO LTM-2210,652-572-369-54-54
CFO 3Y Avg-14,092-470-468-74-271

Growth & Margins

BRVEBMYCYTKBBIOTNYAMedian
NameBravehea.Bristol .Cytokine.BridgeBi.Tenaya T. 
Rev Chg LTM-4.2%29.9%167.3%-29.9%
Rev Chg 3Y Avg-3.7%860.1%813.2%-813.2%
Rev Chg Q-6.9%2,356.5%192.6%-192.6%
QoQ Delta Rev Chg LTM-1.7%67.4%32.6%127.1%50.0%
Op Inc Chg LTM-27.9%-23.6%40.7%17.1%22.5%
Op Inc Chg 3Y Avg-25.3%-12.9%10.4%15.5%12.9%
Op Mgn LTM-29.2%-625.2%-37.3%-2,656.9%-331.2%
Op Mgn 3Y Avg-22.8%-5,860.0%-150.0%--150.0%
QoQ Delta Op Mgn LTM-1.0%421.0%29.7%3,536.0%225.3%
CFO/Rev LTM-21.3%-504.9%-39.0%-1,794.5%-271.9%
CFO/Rev 3Y Avg-29.2%-4,521.0%-137.0%--137.0%
FCF/Rev LTM-18.6%-519.5%-39.1%-1,802.3%-279.3%
FCF/Rev 3Y Avg-26.5%-4,541.7%-139.2%--139.2%

Valuation

BRVEBMYCYTKBBIOTNYAMedian
NameBravehea.Bristol .Cytokine.BridgeBi.Tenaya T. 
Mkt Cap1.2127.77.914.50.17.9
P/S-2.669.315.324.920.1
P/Op Inc-39.78.7-11.1-41.1-0.9-11.1
P/EBIT-39.79.8-12.3-39.9-0.9-12.3
P/E-41.313.8-10.1-25.6-0.7-10.1
P/CFO-55.612.0-13.7-39.3-1.4-13.7
Total Yield-2.4%11.1%-10.1%-3.9%-140.7%-3.9%
Dividend Yield0.0%4.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg-12.4%-6.6%-6.1%-41.7%-6.4%
D/E0.00.40.20.20.00.2
Net D/E-0.10.30.00.1-0.80.0

Returns

BRVEBMYCYTKBBIOTNYAMedian
NameBravehea.Bristol .Cytokine.BridgeBi.Tenaya T. 
1M Rtn-12.0%4.9%-7.9%10.5%-39.5%-7.9%
3M Rtn-41.6%-1.5%-30.6%-10.6%-54.5%-30.6%
6M Rtn-41.6%13.6%-24.0%9.7%-61.0%-24.0%
12M Rtn-41.6%40.5%-4.6%18.1%-76.1%-4.6%
3Y Rtn-41.6%36.4%64.0%165.4%-85.0%36.4%
1M Excs Rtn-4.8%6.2%-6.1%12.7%-36.5%-4.8%
3M Excs Rtn-41.1%-1.5%-25.5%-11.5%-53.6%-25.5%
6M Excs Rtn-46.4%8.8%-28.8%4.9%-66.1%-28.8%
12M Excs Rtn-55.1%29.8%-19.0%7.1%-90.2%-19.0%
3Y Excs Rtn-124.9%-42.8%-22.7%101.1%-169.0%-42.8%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil2025
Business of developing therapeutics to treat hypertrophic cardiomyopathy0
Total0


Net Income by Segment
$ Mil2025
Business of developing therapeutics to treat hypertrophic cardiomyopathy-66
Total-66


Price Behavior

Price Behavior
Market Price$17.41 
Market Cap ($ Bil)1.2 
First Trading Date08/06/2026 
Distance from 52W High-41.9% 
   50 Days200 Days
DMA Price$22.91 
DMA Trend  
Distance from DMA-24.0% 
 3M1YR
Volatility83.1%82.5%
Downside Capture243.85 
Upside Capture9.65 
Correlation (S&P 500)-7.5% 
BRVE Betas & Captures as of 10/31/2026

 1M2M3M6M1Y3Y
Beta0.69-1.24-1.510.840.800.34
Up Beta-7.28-9.59-1.383.77-1.031.22
Down Beta-2.00-0.18-0.171.133.55-0.95
Up Capture305%-96%10%4%2%0%
Bmk +ve Days12182862130427
Stock +ve Days132433333333
Down Capture154%38%190%98%57%33%
Bmk -ve Days10253664121325
Stock -ve Days91927272727

[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 BRVE
BRVE-41.7%82.5%-2.19-
Sector ETF (XLV)29.2%16.9%1.3313.2%
Equity (SPY)9.5%13.6%0.4113.2%
Gold (GLD)3.6%28.7%0.113.9%
Commodities (DBC)37.7%21.2%1.402.6%
Real Estate (VNQ)12.0%14.2%0.5516.1%
Bitcoin (BTCUSD)-20.8%43.3%-0.422.7%

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 BRVE
BRVE-10.2%82.5%-2.19-
Sector ETF (XLV)8.6%15.4%0.3613.2%
Equity (SPY)11.3%17.3%0.4813.2%
Gold (GLD)17.5%19.1%0.743.9%
Commodities (DBC)8.0%19.6%0.292.6%
Real Estate (VNQ)1.2%18.9%-0.0516.1%
Bitcoin (BTCUSD)5.9%51.5%0.292.7%

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 BRVE
BRVE-5.2%82.5%-2.19-
Sector ETF (XLV)12.2%16.8%0.6013.2%
Equity (SPY)14.9%18.0%0.7013.2%
Gold (GLD)12.0%16.5%0.593.9%
Commodities (DBC)7.6%18.1%0.332.6%
Real Estate (VNQ)5.7%20.7%0.2316.1%
Bitcoin (BTCUSD)61.3%66.2%1.012.7%

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

Short Interest

Short Interest: As Of Date10152026
Short Interest: Shares Quantity4.9 Mil
Short Interest: % Change Since 930202618.8%
Average Daily Volume0.4 Mil
Days-to-Cover Short Interest11.8 days
Basic Shares Quantity70.7 Mil
Short % of Basic Shares6.9%

Earnings Returns History

Updated 10/9/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
9/8/2026-1.7%-9.2%-36.8%
SUMMARY STATS   
# Positive000
# Negative111
Median Positive   
Median Negative-1.7%-9.2%-36.8%
Max Positive   
Max Negative-1.7%-9.2%-36.8%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
9/8/2026-1.7%-9.2%-36.8%
SUMMARY STATS   
# Positive000
# Negative111
Median Positive   
Median Negative-1.7%-9.2%-36.8%
Max Positive   
Max Negative-1.7%-9.2%-36.8%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202609/08/202610-Q
03/31/202608/06/2026424B4
Collapse to Preview
Report DateFiling DateFiling
06/30/202609/08/202610-Q
03/31/202608/06/2026424B4
Core Cache Last Updated: 11/5/2026