CubeSmart (CUBE)
Market Price (5/7/2026): $40.69 | Market Cap: $9.3 BilSector: Real Estate | Industry: Industrial REITs
CubeSmart (CUBE)
Market Price (5/7/2026): $40.69Market Cap: $9.3 BilSector: Real EstateIndustry: Industrial REITs
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.8%, Dividend Yield is 5.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.5%, FCF Yield is 6.7% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 54%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 54% Low stock price volatilityVol 12M is 22% Megatrend and thematic driversMegatrends include Smart Buildings & Proptech, and Sustainable & Green Buildings. Themes include IoT for Buildings, Real Estate Data Analytics, Show more. | Trading close to highsDist 52W High is -3.0% Weak multi-year price returns2Y Excs Rtn is -38%, 3Y Excs Rtn is -73% | Key risksCUBE key risks include [1] elevated financial leverage that is considerably higher than the market average and [2] vulnerability to oversupply in key geographical markets. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.8%, Dividend Yield is 5.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.5%, FCF Yield is 6.7% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 54%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 54% |
| Low stock price volatilityVol 12M is 22% |
| Megatrend and thematic driversMegatrends include Smart Buildings & Proptech, and Sustainable & Green Buildings. Themes include IoT for Buildings, Real Estate Data Analytics, Show more. |
| Trading close to highsDist 52W High is -3.0% |
| Weak multi-year price returns2Y Excs Rtn is -38%, 3Y Excs Rtn is -73% |
| Key risksCUBE key risks include [1] elevated financial leverage that is considerably higher than the market average and [2] vulnerability to oversupply in key geographical markets. |
Qualitative Assessment
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1. Strong First Quarter 2026 Earnings Exceeded Analyst Expectations and Positive Management Outlook.
CubeSmart reported Non-GAAP Earnings Per Share (EPS) of $0.63 for the first quarter of 2026, significantly surpassing the consensus analyst estimate of $0.40 by 57.5%. This led to a notable positive market reaction, with shares jumping by approximately 86.5% in after-market trading on April 30, 2026. Management reiterated an optimistic outlook, with CEO Chris Marr stating in February that the company had reached an "inflection point" due to strengthening operating fundamentals, expecting momentum to build throughout 2026.
2. Formation of a $250 Million Strategic Joint Venture.
On February 3, 2026, CubeSmart announced a new strategic joint venture with CBRE Investment Management. This venture carries a $250 million mandate to invest in core, core-plus, and value-add self-storage properties within high-growth markets across the United States. This initiative is expected to enhance CubeSmart's growth profile and expand its market footprint through externally funded growth.
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Stock Movement Drivers
Fundamental Drivers
The 8.9% change in CUBE stock from 1/31/2026 to 5/6/2026 was primarily driven by a 18.2% change in the company's P/E Multiple.| (LTM values as of) | 1312026 | 5062026 | Change |
|---|---|---|---|
| Stock Price ($) | 36.99 | 40.28 | 8.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,108 | 1,132 | 2.2% |
| Net Income Margin (%) | 32.2% | 28.9% | -10.2% |
| P/E Multiple | 23.7 | 28.0 | 18.2% |
| Shares Outstanding (Mil) | 229 | 228 | 0.4% |
| Cumulative Contribution | 8.9% |
Market Drivers
1/31/2026 to 5/6/2026| Return | Correlation | |
|---|---|---|
| CUBE | 8.9% | |
| Market (SPY) | 3.6% | 40.7% |
| Sector (XLRE) | 8.7% | 75.9% |
Fundamental Drivers
The 10.1% change in CUBE stock from 10/31/2025 to 5/6/2026 was primarily driven by a 19.5% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 5062026 | Change |
|---|---|---|---|
| Stock Price ($) | 36.58 | 40.28 | 10.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,108 | 1,132 | 2.2% |
| Net Income Margin (%) | 32.2% | 28.9% | -10.2% |
| P/E Multiple | 23.4 | 28.0 | 19.5% |
| Shares Outstanding (Mil) | 229 | 228 | 0.4% |
| Cumulative Contribution | 10.1% |
Market Drivers
10/31/2025 to 5/6/2026| Return | Correlation | |
|---|---|---|
| CUBE | 10.1% | |
| Market (SPY) | 5.5% | 30.5% |
| Sector (XLRE) | 11.3% | 75.1% |
Fundamental Drivers
The 4.6% change in CUBE stock from 4/30/2025 to 5/6/2026 was primarily driven by a 25.1% change in the company's P/E Multiple.| (LTM values as of) | 4302025 | 5062026 | Change |
|---|---|---|---|
| Stock Price ($) | 38.51 | 40.28 | 4.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,066 | 1,132 | 6.2% |
| Net Income Margin (%) | 36.7% | 28.9% | -21.2% |
| P/E Multiple | 22.4 | 28.0 | 25.1% |
| Shares Outstanding (Mil) | 228 | 228 | -0.1% |
| Cumulative Contribution | 4.6% |
Market Drivers
4/30/2025 to 5/6/2026| Return | Correlation | |
|---|---|---|
| CUBE | 4.6% | |
| Market (SPY) | 30.4% | 29.9% |
| Sector (XLRE) | 12.1% | 73.4% |
Fundamental Drivers
The 2.4% change in CUBE stock from 4/30/2023 to 5/6/2026 was primarily driven by a 10.9% change in the company's P/E Multiple.| (LTM values as of) | 4302023 | 5062026 | Change |
|---|---|---|---|
| Stock Price ($) | 39.32 | 40.28 | 2.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,028 | 1,132 | 10.2% |
| Net Income Margin (%) | 34.1% | 28.9% | -15.2% |
| P/E Multiple | 25.3 | 28.0 | 10.9% |
| Shares Outstanding (Mil) | 225 | 228 | -1.1% |
| Cumulative Contribution | 2.4% |
Market Drivers
4/30/2023 to 5/6/2026| Return | Correlation | |
|---|---|---|
| CUBE | 2.4% | |
| Market (SPY) | 78.7% | 36.3% |
| Sector (XLRE) | 31.4% | 78.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CUBE Return | 75% | -26% | 21% | -5% | -12% | 12% | 46% |
| Peers Return | 75% | -25% | 14% | 3% | -13% | 18% | 57% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 6% | 93% |
Monthly Win Rates [3] | |||||||
| CUBE Win Rate | 83% | 33% | 42% | 67% | 25% | 60% | |
| Peers Win Rate | 73% | 33% | 45% | 55% | 32% | 60% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| CUBE Max Drawdown | -5% | -33% | -14% | -13% | -14% | -0% | |
| Peers Max Drawdown | -4% | -31% | -17% | -14% | -17% | -4% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: PSA, EXR, NSA, UHAL, SELF. See CUBE Returns vs. Peers.
[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 5/6/2026 (YTD)
How Low Can It Go
| Event | CUBE | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -12.0% | -18.8% |
| % Gain to Breakeven | 13.7% | 23.1% |
| Time to Breakeven | 23 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -23.9% | -9.5% |
| % Gain to Breakeven | 31.4% | 10.5% |
| Time to Breakeven | 50 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -30.1% | -24.5% |
| % Gain to Breakeven | 43.0% | 32.4% |
| Time to Breakeven | 675 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -33.6% | -33.7% |
| % Gain to Breakeven | 50.6% | 50.9% |
| Time to Breakeven | 140 days | 140 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -14.4% | -3.7% |
| % Gain to Breakeven | 16.8% | 3.9% |
| Time to Breakeven | 147 days | 6 days |
| 2013 Taper Tantrum | ||
| % Loss | -10.5% | -0.2% |
| % Gain to Breakeven | 11.7% | 0.2% |
| Time to Breakeven | 60 days | 1 days |
In The Past
CubeSmart's stock fell -12.0% during the 2025 US Tariff Shock. Such a loss loss requires a 13.7% gain to breakeven.
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| Event | CUBE | S&P 500 |
|---|---|---|
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -23.9% | -9.5% |
| % Gain to Breakeven | 31.4% | 10.5% |
| Time to Breakeven | 50 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -30.1% | -24.5% |
| % Gain to Breakeven | 43.0% | 32.4% |
| Time to Breakeven | 675 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -33.6% | -33.7% |
| % Gain to Breakeven | 50.6% | 50.9% |
| Time to Breakeven | 140 days | 140 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -27.8% | -17.9% |
| % Gain to Breakeven | 38.5% | 21.8% |
| Time to Breakeven | 109 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -84.8% | -53.4% |
| % Gain to Breakeven | 559.9% | 114.4% |
| Time to Breakeven | 609 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -25.6% | -8.6% |
| % Gain to Breakeven | 34.5% | 9.5% |
| Time to Breakeven | 1930 days | 47 days |
In The Past
CubeSmart's stock fell -12.0% during the 2025 US Tariff Shock. Such a loss loss requires a 13.7% 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 CubeSmart (CUBE)
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Here are 1-3 brief analogies to describe CubeSmart (CUBE):
Walmart for storage units
Starbucks for your stuff
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```html- Self-Storage Unit Rentals: CubeSmart provides secure, easily accessible storage units of various sizes for rent to residential and commercial customers.
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```htmlCubeSmart primarily serves two major categories of customers:
- Residential Customers: Individuals and families needing storage space for personal belongings due to reasons such as moving, renovating homes, decluttering, downsizing, or during life transitions.
- Commercial Customers: Businesses, ranging from small local enterprises to larger companies, that require storage for inventory, equipment, tools, documents, or other operational assets. This category often includes contractors, e-commerce businesses, retailers, and professional service providers.
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Christopher P. Marr President and Chief Executive Officer
Christopher P. Marr has served as Chief Executive Officer of CubeSmart since January 1, 2014, and previously held roles as President, Chief Operating Officer, and Chief Investment Officer. He joined CubeSmart in 2006 as Chief Financial Officer and Treasurer. Before joining CubeSmart, Mr. Marr was Senior Vice President and Chief Financial Officer of Brandywine Realty Trust, a publicly-traded office REIT, from 2002 to 2006. From 1998 to 2002, he was the Chief Financial Officer of Storage USA, Inc., a publicly-traded self-storage REIT, which was later sold to a unit of General Electric Co. Mr. Marr currently serves on the board of STAG Industrial, Inc., a publicly-traded industrial REIT.
Timothy M. Martin Chief Financial Officer
Timothy M. Martin has been CubeSmart's Chief Financial Officer since November 2008. He joined the company in December 2006 as Senior Vice President and Chief Accounting Officer. Prior to CubeSmart, Mr. Martin was employed by Brandywine Realty Trust from 1997 to 2006, serving in various financial capacities including Vice President, Finance and Treasurer, Principal Financial Officer, and Vice President and Chief Accounting Officer. Before Brandywine, he was a member of the audit staff at Arthur Andersen, LLP's Philadelphia office, specializing in real estate.
Jeffrey P. Foster Chief Legal Officer and Secretary
Jeffrey P. Foster has served as CubeSmart's Chief Legal Officer and Secretary since February 2009. From April 2003 to February 2009, Mr. Foster was Senior Vice President and Associate General Counsel of Gramercy Realty, a division of Gramercy Capital Corp., which was a publicly traded office REIT. His prior experience includes working as an associate with Morgan, Lewis & Bockius, LLP from 1999 to 2003.
Guy Middlebrooks Executive Vice President of Operations
Guy Middlebrooks is CubeSmart's Executive Vice President of Operations. He is responsible for the daily operations of more than 1,500 stores across the nation, overseeing a team of over 2,700 employees, including store staff, district managers, divisional vice presidents, and the Operations Management and Third Party Management teams.
Devin Crow Vice President of Third Party Management
Devin Crow is CubeSmart's Vice President of Third Party Management. In this role, he oversees the Business Development, Store Transitions, and Relationship Management teams. His responsibilities include expanding the company's management services, implementing innovative operational strategies, and strengthening relationships with property owners and investors.
AI Analysis | Feedback
The key risks to CubeSmart's business are primarily tied to macroeconomic conditions, competitive pressures within the self-storage industry, and the impact of rising interest rates on its financing and operational costs.
- Economic Conditions and Competition: Demand for CubeSmart's self-storage properties is closely linked to broader economic factors such as housing trends and consumer spending. A downturn in the economy could lead to reduced demand for storage units. The self-storage industry is also highly competitive, with numerous national and regional operators, which can result in pricing pressures and decreased profitability for CubeSmart. An oversupply of new self-storage properties in the market, influenced by factors like previously low interest rates, has also contributed to declining occupancy and rental rates for the company.
- Rising Interest Rates and Debt Load: As a real estate investment trust (REIT), CubeSmart's financial health is sensitive to interest rate fluctuations. The company faces risks associated with macroeconomic volatility, including inflation and rising interest rates, which can lead to an increased debt load and higher interest expenses. Specifically, there are financing risks, such as the potential inability to refinance existing or future debt or the necessity to do so at higher rates, which can impact its cash flow and profitability.
- Natural Disasters and Insurance Costs: Self-storage facilities, particularly those with multiple buildings on one property, are vulnerable to natural disasters like wind and hail damage. The increasing frequency and destructiveness of severe weather events, including wildfires and hurricanes, pose a significant risk of uninsured or uninsurable losses and challenges in obtaining adequate and affordable insurance coverage. Such events can result in substantial property damage and operational disruptions.
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Emerging threats for CubeSmart include the rise of **peer-to-peer storage platforms** like Neighbor.com, which enable individuals to rent out their unused space (e.g., garages, basements) to others, offering potentially cheaper and more localized storage alternatives. Another emerging threat is the growth of **on-demand valet storage services** such as Clutter and MakeSpace, which offer a full-service solution by picking up, storing, and delivering items, thereby eliminating the need for customers to visit a physical self-storage facility.
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The addressable market for CubeSmart's main product and service, self-storage, is the United States. The U.S. self-storage market is valued at approximately $44.3 billion, according to the 2024 Self-Storage Almanac. This market encompasses over 2.1 billion square feet of total self-storage space.
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```htmlCubeSmart (CUBE) is expected to drive future revenue growth over the next 2-3 years through several key strategies and market trends:
- Improved Pricing Power and Occupancy: The self-storage market is demonstrating signs of stabilization and recovery, with CubeSmart experiencing positive year-over-year move-in rate growth and a narrowing occupancy gap. This trend positions the company to implement effective rental rate increases and enhance occupancy across its existing portfolio, thereby boosting rental income.
- Expansion of Third-Party Management Platform: CubeSmart continues to strategically expand its capital-light third-party management platform, consistently adding new stores to this service annually. This growth avenue generates high-margin fee revenue and effectively broadens the company's brand presence and operational scale without significant capital expenditure.
- Strategic External Growth through Acquisitions and Joint Ventures: The company is focused on external growth by acquiring high-quality properties and entering into joint ventures, particularly in high-growth and high-barrier-to-entry markets. A notable example is the recent $250 million joint venture with CBRE Investment Management. This approach expands CubeSmart's owned portfolio and creates new revenue streams.
- Growth in Customer Storage Protection Plans: Increased participation in customer storage protection plans across both CubeSmart's owned and managed stores is a consistent contributor to the company's revenue growth.
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Share Repurchases
- CubeSmart repurchased approximately 0.9 million shares in 2025 at an average price of $35.84.
- The board authorized the repurchase of up to 10 million additional shares on February 24, 2026.
Share Issuance
- As of June 30, 2025, CubeSmart had 13.5 million shares available for issuance under existing equity distribution agreements.
- The company sold 2,336 thousand shares in 2024.
Outbound Investments
- In the first quarter of 2025, CubeSmart acquired the remaining 80% interest in HVP IV, a 28-store unconsolidated real estate venture, for $452.8 million.
- In 2025, the company completed acquisitions of 30 stores for an aggregate transaction price of $501.785 million.
- CubeSmart's acquisition volume over the five years leading up to September 30, 2025, totaled $2.8 billion.
Capital Expenditures
- As of June 30, 2025, CubeSmart had two joint venture development properties under construction in New York, with anticipated total investments of $36.9 million, of which $27.0 million had been invested.
- The company focuses its development and acquisition strategy on high-barrier-to-entry locations in selected U.S. markets.
Latest Trefis Analyses
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Trade Ideas
Select ideas related to CUBE.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 04102026 | UHAL | U-Haul | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.3% | 0.3% | -1.0% |
| 03272026 | SBAC | SBA Communications | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 32.4% | 32.4% | 0.0% |
| 03132026 | HIW | Highwoods Properties | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 13.3% | 13.3% | -4.1% |
| 03062026 | ARE | Alexandria Real Estate Equities | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -18.9% | -18.9% | -19.1% |
| 03062026 | VNO | Vornado Realty Trust | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 11.0% | 11.0% | -8.3% |
| 10312023 | CUBE | CubeSmart | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 21.3% | 47.8% | -0.4% |
Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 47.73 |
| Mkt Cap | 9.7 |
| Rev LTM | 2,273 |
| Op Inc LTM | 530 |
| FCF LTM | 454 |
| FCF 3Y Avg | 473 |
| CFO LTM | 1,100 |
| CFO 3Y Avg | 1,062 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 3.5% |
| Rev Chg 3Y Avg | 2.7% |
| Rev Chg Q | 2.4% |
| QoQ Delta Rev Chg LTM | 0.6% |
| Op Inc Chg LTM | -0.2% |
| Op Inc Chg 3Y Avg | -1.0% |
| Op Mgn LTM | 38.6% |
| Op Mgn 3Y Avg | 41.0% |
| QoQ Delta Op Mgn LTM | -0.3% |
| CFO/Rev LTM | 49.7% |
| CFO/Rev 3Y Avg | 51.7% |
| FCF/Rev LTM | 46.7% |
| FCF/Rev 3Y Avg | 48.3% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 9.7 |
| P/S | 6.5 |
| P/Op Inc | 20.3 |
| P/EBIT | 20.6 |
| P/E | 31.2 |
| P/CFO | 14.4 |
| Total Yield | 7.6% |
| Dividend Yield | 4.9% |
| FCF Yield 3Y Avg | 6.3% |
| D/E | 0.4 |
| Net D/E | 0.4 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 7.8% |
| 3M Rtn | 6.6% |
| 6M Rtn | 11.9% |
| 12M Rtn | 5.2% |
| 3Y Rtn | 12.0% |
| 1M Excs Rtn | -3.1% |
| 3M Excs Rtn | -0.4% |
| 6M Excs Rtn | 5.3% |
| 12M Excs Rtn | -26.3% |
| 3Y Excs Rtn | -63.2% |
Price Behavior
| Market Price | $40.28 | |
| Market Cap ($ Bil) | 9.2 | |
| First Trading Date | 10/22/2004 | |
| Distance from 52W High | -3.0% | |
| 50 Days | 200 Days | |
| DMA Price | $38.65 | $37.91 |
| DMA Trend | indeterminate | up |
| Distance from DMA | 4.2% | 6.2% |
| 3M | 1YR | |
| Volatility | 24.2% | 21.7% |
| Downside Capture | 0.34 | 0.20 |
| Upside Capture | 68.94 | 28.03 |
| Correlation (SPY) | 42.5% | 28.1% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.59 | 0.82 | 0.61 | 0.51 | 0.52 | 0.57 |
| Up Beta | 0.98 | 0.77 | 0.66 | 0.58 | 0.67 | 0.60 |
| Down Beta | 3.03 | 0.61 | 0.94 | 0.76 | 0.65 | 0.51 |
| Up Capture | 50% | 65% | 59% | 33% | 27% | 21% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 16 | 24 | 35 | 64 | 132 | 382 |
| Down Capture | -102% | 115% | 42% | 46% | 52% | 85% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 6 | 19 | 29 | 61 | 119 | 367 |
[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 CUBE | |
|---|---|---|---|---|
| CUBE | -0.6% | 21.8% | -0.11 | - |
| Sector ETF (XLRE) | 10.6% | 13.7% | 0.49 | 73.3% |
| Equity (SPY) | 28.5% | 12.5% | 1.78 | 28.7% |
| Gold (GLD) | 40.6% | 27.2% | 1.23 | 15.4% |
| Commodities (DBC) | 50.9% | 18.0% | 2.20 | -10.9% |
| Real Estate (VNQ) | 12.8% | 13.5% | 0.65 | 74.2% |
| Bitcoin (BTCUSD) | -14.2% | 42.1% | -0.25 | 8.6% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CUBE | |
|---|---|---|---|---|
| CUBE | 3.7% | 25.3% | 0.13 | - |
| Sector ETF (XLRE) | 4.4% | 19.1% | 0.14 | 77.7% |
| Equity (SPY) | 12.7% | 17.1% | 0.58 | 47.3% |
| Gold (GLD) | 21.0% | 17.9% | 0.96 | 15.1% |
| Commodities (DBC) | 13.9% | 19.1% | 0.60 | 8.7% |
| Real Estate (VNQ) | 3.5% | 18.8% | 0.09 | 77.7% |
| Bitcoin (BTCUSD) | 8.7% | 56.1% | 0.37 | 16.2% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CUBE | |
|---|---|---|---|---|
| CUBE | 7.3% | 25.3% | 0.30 | - |
| Sector ETF (XLRE) | 7.1% | 20.4% | 0.30 | 74.8% |
| Equity (SPY) | 14.9% | 17.9% | 0.71 | 45.7% |
| Gold (GLD) | 13.7% | 16.0% | 0.71 | 13.8% |
| Commodities (DBC) | 9.5% | 17.7% | 0.45 | 12.3% |
| Real Estate (VNQ) | 5.7% | 20.7% | 0.24 | 74.9% |
| Bitcoin (BTCUSD) | 68.4% | 66.9% | 1.07 | 10.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/27/2026 | 2.3% | 0.7% | -9.3% |
| 12/2/2025 | -0.2% | -4.1% | -2.8% |
| 9/8/2025 | -1.4% | -1.3% | -3.1% |
| 6/2/2025 | -1.5% | 0.1% | 0.7% |
| 2/28/2025 | -2.9% | -0.6% | -1.1% |
| 11/18/2024 | 0.7% | 2.6% | -10.9% |
| 9/9/2024 | 3.0% | 5.0% | -1.6% |
| 6/3/2024 | 1.8% | 0.9% | 6.2% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 13 | 14 | 11 |
| # Negative | 11 | 10 | 13 |
| Median Positive | 3.0% | 2.4% | 6.2% |
| Median Negative | -1.5% | -1.7% | -2.8% |
| Max Positive | 9.0% | 7.6% | 20.0% |
| Max Negative | -5.7% | -8.2% | -10.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/01/2026 | 10-Q |
| 12/31/2025 | 02/27/2026 | 10-K |
| 09/30/2025 | 10/31/2025 | 10-Q |
| 06/30/2025 | 08/01/2025 | 10-Q |
| 03/31/2025 | 05/02/2025 | 10-Q |
| 12/31/2024 | 02/28/2025 | 10-K |
| 09/30/2024 | 11/01/2024 | 10-Q |
| 06/30/2024 | 08/02/2024 | 10-Q |
| 03/31/2024 | 04/26/2024 | 10-Q |
| 12/31/2023 | 02/29/2024 | 10-K |
| 09/30/2023 | 11/03/2023 | 10-Q |
| 06/30/2023 | 08/04/2023 | 10-Q |
| 03/31/2023 | 04/28/2023 | 10-Q |
| 12/31/2022 | 02/24/2023 | 10-K |
| 09/30/2022 | 10/28/2022 | 10-Q |
| 06/30/2022 | 08/05/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Foster, Jeffrey P | CLO & Secretary | Direct | Sell | 3032026 | 41.02 | 23,148 | 949,420 | 8,410,454 | Form |
| 2 | Marr, Christopher P | CEO | Direct | Sell | 12152025 | 36.55 | 679 | 24,815 | 21,240,148 | Form |
| 3 | Marr, Christopher P | CEO | Direct | Sell | 12152025 | 36.55 | 46,925 | 1,715,109 | 21,267,348 | Form |
| 4 | Foster, Jeffrey P | CLO & Secretary | Direct | Sell | 5052025 | 42.17 | 18,616 | 784,986 | 8,137,867 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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