Tearsheet

electroCore (ECOR)


Market Price (1/19/2026): $7.16 | Market Cap: $60.5 Mil
Sector: Health Care | Industry: Life Sciences Tools & Services

electroCore (ECOR)


Market Price (1/19/2026): $7.16
Market Cap: $60.5 Mil
Sector: Health Care
Industry: Life Sciences Tools & Services

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


0 Megatrend and thematic drivers
Megatrends include Precision Medicine, and Digital Health & Telemedicine. Themes include Targeted Therapies, and Remote Patient Monitoring.
Weak multi-year price returns
2Y Excs Rtn is -29%, 3Y Excs Rtn is -2.4%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -13 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -45%
1   Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -26%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -27%
2   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 -28%
3   Key risks
ECOR key risks include [1] its persistent cash burn and need for additional financing, Show more.
0 Megatrend and thematic drivers
Megatrends include Precision Medicine, and Digital Health & Telemedicine. Themes include Targeted Therapies, and Remote Patient Monitoring.
1 Weak multi-year price returns
2Y Excs Rtn is -29%, 3Y Excs Rtn is -2.4%
2 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -13 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -45%
3 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -26%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -27%
4 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 -28%
5 Key risks
ECOR key risks include [1] its persistent cash burn and need for additional financing, Show more.

Valuation, Metrics & Events

ECOR Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback



1. electroCore reported strong third-quarter 2025 net sales, reaching a record $8.7 million, which represents a 33% increase year-over-year. The company's revenue of $8.69 million surpassed analysts' expectations of $7.84 million.

2. Key product lines demonstrated significant growth, with gammaCore experiencing a 16% increase in prescription growth within the VA system and Truvaga achieving record quarterly sales of $1.7 million. The Quell Fibromyalgia product also contributed notably with $530,000 in VA revenues and $595,000 in product sales during Q3 2025.

Show more

Stock Movement Drivers

Fundamental Drivers

The 41.7% change in ECOR stock from 10/31/2025 to 1/18/2026 was primarily driven by a 33.6% change in the company's P/S Multiple.
103120251182026Change
Stock Price ($)5.047.1441.67%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)27.7029.847.71%
P/S Multiple1.512.0233.57%
Shares Outstanding (Mil)8.328.45-1.55%
Cumulative Contribution41.63%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 1/18/2026
ReturnCorrelation
ECOR41.7% 
Market (SPY)1.4%23.4%
Sector (XLV)8.0%9.3%

Fundamental Drivers

The 3.2% change in ECOR stock from 7/31/2025 to 1/18/2026 was primarily driven by a 12.8% change in the company's Total Revenues ($ Mil).
73120251182026Change
Stock Price ($)6.927.143.18%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)26.4629.8412.76%
P/S Multiple2.172.02-6.78%
Shares Outstanding (Mil)8.298.45-1.88%
Cumulative Contribution3.14%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 1/18/2026
ReturnCorrelation
ECOR3.2% 
Market (SPY)9.7%29.7%
Sector (XLV)20.0%24.6%

Fundamental Drivers

The -57.3% change in ECOR stock from 1/31/2025 to 1/18/2026 was primarily driven by a -65.2% change in the company's P/S Multiple.
13120251182026Change
Stock Price ($)16.727.14-57.30%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)23.3329.8427.90%
P/S Multiple5.802.02-65.16%
Shares Outstanding (Mil)8.098.45-4.35%
Cumulative Contribution-57.38%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2025 to 1/18/2026
ReturnCorrelation
ECOR-57.3% 
Market (SPY)15.9%29.8%
Sector (XLV)7.4%27.0%

Fundamental Drivers

The 36.0% change in ECOR stock from 1/31/2023 to 1/18/2026 was primarily driven by a 296.6% change in the company's Total Revenues ($ Mil).
13120231182026Change
Stock Price ($)5.257.1435.96%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)7.5229.84296.58%
P/S Multiple3.172.02-36.29%
Shares Outstanding (Mil)4.548.45-85.85%
Cumulative Contribution-64.24%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2023 to 1/18/2026
ReturnCorrelation
ECOR36.0% 
Market (SPY)76.5%15.3%
Sector (XLV)22.2%12.8%

Return vs. Risk


Price Returns Compared

 202120222023202420252026Total [1]
Returns
ECOR Return-63%-56%55%172%-72%51%-71%
Peers Return-8%-14%-45%-36%-27%6%-79%
S&P 500 Return27%-19%24%23%16%1%85%

Monthly Win Rates [3]
ECOR Win Rate17%42%67%58%50%100% 
Peers Win Rate48%48%33%44%31%75% 
S&P 500 Win Rate75%42%67%75%67%100% 

Max Drawdowns [4]
ECOR Max Drawdown-63%-64%-19%-7%-73%0% 
Peers Max Drawdown-29%-56%-65%-56%-51%-4% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%0% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: LIVN, STIM, INSP, TIVC.
[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 1/16/2026 (YTD)

How Low Can It Go

Unique KeyEventECORS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-93.2%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven1363.5%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-79.7%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven393.3%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven117 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-93.8%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven1513.8%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days

Compare to LIVN, STIM, INSP, TIVC

In The Past

electroCore's stock fell -93.2% during the 2022 Inflation Shock from a high on 1/26/2021. A -93.2% loss requires a 1363.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About electroCore (ECOR)

electroCore, Inc., a commercial stage medical device company, engages in the development and commercialization of a range of non-invasive vagus nerve stimulation (nVNS) therapies. The company is developing gammaCore, a prescription-only nVNS therapy for the acute treatment of pain associated with migraine and episodic cluster headache in adults. Its lead product is gammaCore Sapphire, a rechargeable and reloadable handheld device for regular or intermittent use over many years. The company was incorporated in 2005 and is headquartered in Rockaway, New Jersey.

AI Analysis | Feedback

  • Medtronic for non-invasive nerve stimulation for headaches.
  • Amgen for migraine treatment, but with a non-invasive device instead of drugs.

AI Analysis | Feedback

  • gammaCore® Sapphireâ„¢: A non-invasive vagus nerve stimulator (nVNS) medical device used for the acute and preventive treatment of migraine and cluster headache, and for the acute treatment of Hemicrania Continua, Paroxysmal Hemicrania, and SUNCT/SUNA.

AI Analysis | Feedback

electroCore (ECOR) sells primarily to other companies, specifically through a network of distributors and strategic partners.

Based on its 2023 10-K filing, electroCore reported that its top three customers accounted for approximately 73% of its revenue for the year ended December 31, 2023. While electroCore generally does not publicly name its major distributors due to competitive reasons, it does highlight a strategic relationship with one such partner:

  • TRxADE Health, Inc. (Symbol: MEDS) - electroCore entered into a distribution agreement with TRxADE Health's subsidiary, Bonum Health, LLC, in 2023 to promote gammaCore Sapphire through Bonum Health's telehealth platform.

The names of electroCore's other major customers, which are described generally as large specialty distributors or third-party logistics providers, are not explicitly disclosed in its public filings.

AI Analysis | Feedback

null

AI Analysis | Feedback

Daniel S. Goldberger, Chief Executive Officer
Mr. Goldberger became CEO of electroCore in October 2019. He has over 35 years of leadership and medical device experience, including serving as Executive Chairman and interim CEO of Repro Med Systems, Inc., a publicly traded developer of home and specialty infusion products. Previously, he was Director and Chief Executive Officer of Xtant Medical Holdings, Inc. from 2013 to 2017, where he led a turnaround with revenue growth from $30M to $90M and expanded the company's portfolio through acquisitions. He also served as Director and CEO of Sound Surgical Technologies from 2007 to 2013. Mr. Goldberger founded OptiScan Biomedical Corp. in 1994, serving as President until 2001. He also held positions at Glucon, Inc., OSI Systems, Ohmeda, Nellcor, and Hewlett Packard. Mr. Goldberger is also a Director of NeuroMetrix, Inc. from May 2025.

Joshua Lev, Chief Financial Officer
Mr. Lev was appointed Chief Financial Officer of electroCore in October 2024. He previously served as Chief Strategy Officer since January 2022 and joined the company in February 2020 as VP of Business Development, Strategy and Financial Planning. Mr. Lev brings over 15 years of experience in the financial services industry, including more than 10 years as an investment banker and investor focused on emerging growth companies. Prior to electroCore, he was Director of Business Development at Wellfleet Partners, Inc. from 2011, focusing on capital raises, M&A, and strategic transactions.

Peter S. Staats, MD, MBA, Chief Medical Officer
Dr. Staats is a co-founder of electroCore and has served on its board of directors. He founded and directed the Division of Pain Medicine at Johns Hopkins University for 10 years. Dr. Staats is internationally recognized for his work in developing neuromodulation strategies and implementing minimally invasive procedures for chronic pain, and his patents have contributed to the use of novel pharmacologic agents.

Manny Marques, Senior Vice President, Operations
Mr. Marques has extensive experience in manufacturing engineering, new product development, and Lean 6-Sigma manufacturing. He holds a B.S. in Mechanical Engineering Technology and an M.S. in Engineering Management from the New Jersey Institute of Technology. Mr. Marques holds two U.S. patents for cardiovascular medical devices.

Amanda Yanuklis, Chief of Staff
Ms. Yanuklis joined electroCore in 2017 and is a seasoned management consultant. Her expertise includes strategic planning and implementation, merger search and integration, and organizational design.

AI Analysis | Feedback

The key risks to electroCore's (ECOR) business include its liquidity and ongoing need for financing, high customer concentration with the U.S. Department of Veterans Affairs, and challenges within the competitive and evolving regulatory landscape of bioelectronic medicine.

The most significant risk to electroCore is its **liquidity and persistent cash burn**, which necessitates the raising of additional funding to support product development and commercialization efforts. Despite having approximately $13.2 million in cash and equivalents as of September 30, 2025, the company has a widening net loss, with a GAAP net loss of $3.4 million in Q3 2025. ElectroCore is not yet cash flow positive from core operations, having used approximately $6.5 million to fund operations in the first nine months of 2025. Analysts project the company to incur a final loss in 2026 before potentially achieving profitability in 2027, requiring an aggressive growth rate. Failure to secure this additional financing could lead to severe dilution for existing shareholders or operational distress.

A second major risk is the company's **high degree of customer concentration**, particularly its reliance on the U.S. Department of Veterans Affairs (VA) channel. In Q2 2025, the VA channel constituted approximately 70% of electroCore's total revenue from its prescription device segment, primarily through its gammaCore product. This over-dependence means that any alterations in VA procurement policy, reimbursement rates, or budget allocations could instantly destabilize electroCore's financial model.

Finally, electroCore faces **external and strategic risks related to the competitive and regulatory landscape**. The bioelectronic medicine sector is highly competitive, and electroCore is engaged in federal litigation against an alleged copycat device, which introduces legal uncertainty and can deplete resources. While products like gammaCore and Truvaga have regulatory clearances, the landscape for novel medical devices is constantly evolving. New clinical data from competitors or changes in FDA requirements could negatively impact the commercial viability of electroCore's products or increase the cost of maintaining existing indications.

AI Analysis | Feedback

The increasing market penetration and expanded indications of competing non-invasive neuromodulation devices for migraine, specifically Nerivio (from Theranica). Nerivio directly competes with electroCore's gammaCore by offering a non-pharmacological, device-based solution for migraine treatment. Its recent achievements, such as expanded FDA clearances (e.g., for adolescents, and combined acute/preventive treatment in adults) and the successful securing of new dedicated CPT codes for remote electrical neuromodulation (REN), suggest a significant push towards broader adoption and improved patient access and reimbursement. This growth in a directly competing segment of non-invasive migraine devices could divert market share and limit the growth potential for electroCore's gammaCore.

AI Analysis | Feedback

electroCore (ECOR) develops and commercializes non-invasive vagus nerve stimulation (nVNS) therapies, primarily through its products gammaCore, TAC-STIM, Truvaga Plus, and the recently acquired Quell system. The addressable markets for these products are as follows:

  • gammaCore for Headache Patients: The addressable market within the U.S. Department of Veterans Affairs (VA) system alone consists of approximately 800,000 headache patients.
  • Quell System for Fibromyalgia Patients: The VA system includes 77,000 fibromyalgia patients, which represents an addressable market for the Quell system.
  • U.S. Market for Opioid Detox and Relapse Prevention: While not explicitly tied to a specific current product, electroCore's strategic acquisitions aim to expand into this area. The U.S. market for opioid detox is estimated at $2.4 billion, and for relapse prevention, it is estimated at $3.7 billion.

AI Analysis | Feedback

Here are the expected drivers of future revenue growth for electroCore (ECOR) over the next 2-3 years:
  1. Continued Expansion in the VA/DoD Hospital System: electroCore anticipates sustained revenue growth from its prescription devices, gammaCore and the newly acquired Quell Fibromyalgia, within the U.S. Department of Veterans Affairs (VA) and Department of Defense (DoD) hospital systems. The company reported that 195 VA hospital facilities had purchased prescription gammaCore products as of September 30, 2025, an increase from 166 a year prior. Prescription device revenue, driven by both gammaCore and Quell sales in the VA system, grew 19% year-over-year in Q3 2025.
  2. Growth in General Wellness Products (Truvaga): The company expects significant revenue contributions from its non-prescription general wellness products, particularly the Truvaga brand. In the first quarter of 2025, Truvaga sales increased by 187% year-over-year. The health and wellness segment, primarily driven by the Truvaga platform, saw substantial growth, with revenue reaching $1.9 million in Q3 2025, marking a 121% year-on-year increase. The Truvaga division achieved record quarterly revenue of $1.7 million in Q3 2025, leading to an upward revision of the company's full-year 2025 revenue guidance.
  3. Successful Integration and Sales of the Quell Product Line: The acquisition of NeuroMetrix and its Quell product line is projected to broaden electroCore's market and diversify revenue streams. The Quell Fibromyalgia product has shown strong early traction within the VA hospital system, exceeding initial revenue expectations and being integrated into the VA channel ahead of schedule.
  4. International Market Expansion: electroCore is strategically expanding its international presence. A notable driver is a royalty-based arrangement for commercializing its technology in China, where a partner plans to navigate the CFDA process with a locally manufactured product and pay royalties on unit sales and revenue.
  5. Strategic Investments in Salesforce and Marketing: The company's strategic investments in expanding its salesforce and increasing marketing efforts across the U.S. are anticipated to sustain momentum and drive future revenue growth. While these investments may temporarily delay near-term profitability, they are expected to set the stage for accelerated revenue growth.

AI Analysis | Feedback

Share Issuance

  • In June 2024, electroCore closed a registered direct offering and concurrent private placements, generating approximately $9.3 million in gross proceeds, with net proceeds of about $9.0 million allocated for sales and marketing, working capital, and general corporate purposes.
  • Following June 30, 2021, the company completed a public offering that resulted in approximately $18.8 million in net proceeds.
  • In September 2025, electroCore issued 360,737 shares of common stock to institutional and accredited investors to settle outstanding legal fees, a transaction that did not involve cash proceeds.

Inbound Investments

  • Approximately $5.645 million of the June 2024 offering was provided by directors and officers of electroCore, as part of the total $9.3 million gross proceeds from the offering.

Outbound Investments

  • electroCore acquired the Quell portfolio from NeuroMetrix in 2025, which includes Quell Fibromyalgia, and expects the projected results from Quell in the third and fourth quarters of 2025 to cover the full acquisition cost.

Capital Expenditures

  • In the 12 months preceding November 2025, electroCore's capital expenditures were approximately $66,000.

Better Bets than electroCore (ECOR)

Latest Trefis Analyses

Title
0ARTICLES

Trade Ideas

Select ideas related to ECOR. For more, see Trefis Trade Ideas.

Unique Key

Recent Active Movers

More From Trefis

Peer Comparisons for electroCore

Peers to compare with:

Financials

ECORLIVNSTIMINSPTIVCMedian
NameelectroC.LivaNova Neuronet.Inspire .Tivic He. 
Mkt Price7.1462.111.9092.231.227.14
Mkt Cap0.13.40.12.70.00.1
Rev LTM301,3491308830130
Op Inc LTM-13194-3837-7-7
FCF LTM-8191-3199-7-7
FCF 3Y Avg-11103-3148-7-7
CFO LTM-8251-30134-6-6
CFO 3Y Avg-11150-2980-7-7

Growth & Margins

ECORLIVNSTIMINSPTIVCMedian
NameelectroC.LivaNova Neuronet.Inspire .Tivic He. 
Rev Chg LTM27.9%8.6%78.6%16.8%-49.6%16.8%
Rev Chg 3Y Avg60.0%9.9%31.8%37.7%-34.8%31.8%
Rev Chg Q32.6%12.5%101.3%10.5%15.9%15.9%
QoQ Delta Rev Chg LTM7.7%3.0%16.9%2.5%4.3%4.3%
Op Mgn LTM-44.5%14.4%-29.2%4.2%-1,536.5%-29.2%
Op Mgn 3Y Avg-86.3%8.3%-38.6%-0.9%-960.2%-38.6%
QoQ Delta Op Mgn LTM2.6%1.0%5.3%-0.6%-161.2%1.0%
CFO/Rev LTM-26.5%18.6%-23.0%15.1%-1,260.8%-23.0%
CFO/Rev 3Y Avg-60.1%11.6%-34.9%10.1%-877.4%-34.9%
FCF/Rev LTM-26.7%14.2%-23.5%11.2%-1,376.1%-23.5%
FCF/Rev 3Y Avg-60.4%7.9%-37.1%5.9%-919.1%-37.1%

Valuation

ECORLIVNSTIMINSPTIVCMedian
NameelectroC.LivaNova Neuronet.Inspire .Tivic He. 
Mkt Cap0.13.40.12.70.00.1
P/S2.02.51.03.13.32.5
P/EBIT-4.3-24.6-3.458.3-0.2-3.4
P/E-4.3-15.6-2.960.7-0.2-2.9
P/CFO-7.613.5-4.320.2-0.3-0.3
Total Yield-23.5%-6.4%-34.8%1.6%-465.8%-23.5%
Dividend Yield0.0%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg-24.0%3.4%-42.0%1.5%-4,140.2%-24.0%
D/E0.20.10.70.00.00.1
Net D/E-0.0-0.00.5-0.1-2.1-0.0

Returns

ECORLIVNSTIMINSPTIVCMedian
NameelectroC.LivaNova Neuronet.Inspire .Tivic He. 
1M Rtn55.2%-1.1%35.7%-4.5%-29.9%-1.1%
3M Rtn45.4%15.6%-29.4%18.2%-57.9%15.6%
6M Rtn-1.8%48.0%-48.1%-27.3%-69.8%-27.3%
12M Rtn-55.1%28.6%-22.8%-48.1%-75.6%-48.1%
3Y Rtn30.0%8.5%-66.8%-62.9%-99.9%-62.9%
1M Excs Rtn47.0%-3.6%13.1%-22.2%-41.1%-3.6%
3M Excs Rtn37.5%10.6%-38.7%14.6%-63.3%10.6%
6M Excs Rtn-12.0%37.7%-58.3%-37.5%-80.0%-37.5%
12M Excs Rtn-71.2%13.8%-35.1%-64.3%-89.7%-64.3%
3Y Excs Rtn-2.4%-65.7%-143.7%-137.0%-174.7%-137.0%

Financials

Segment Financials

Revenue by Segment
$ Mil20242023202220212020
Bioelectronic Innovations169532
Total169532


Operating Income by Segment
$ Mil20242023202220212020
Bioelectronic Innovations-19    
Total-19    


Net Income by Segment
$ Mil20242023202220212020
Bioelectronic Innovations-19    
Total-19    


Price Behavior

Price Behavior
Market Price$7.14 
Market Cap ($ Bil)0.1 
First Trading Date06/22/2018 
Distance from 52W High-63.1% 
   50 Days200 Days
DMA Price$5.17$5.52
DMA Trenddownup
Distance from DMA38.1%29.3%
 3M1YR
Volatility78.4%90.1%
Downside Capture102.15262.72
Upside Capture281.48140.86
Correlation (SPY)24.3%29.3%
ECOR Betas & Captures as of 12/31/2025

 1M2M3M6M1Y3Y
Beta1.421.381.442.181.350.82
Up Beta-0.953.431.562.081.030.59
Down Beta1.590.641.320.291.260.97
Up Capture32%63%117%339%86%64%
Bmk +ve Days11233772143431
Stock +ve Days9172757116369
Down Capture272%156%172%274%156%100%
Bmk -ve Days11182755108320
Stock -ve Days12233466129370

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
 ECOR vs. Other Asset Classes (Last 1Y)
 ECORSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-54.2%12.7%19.8%70.5%3.8%10.2%-1.0%
Annualized Volatility89.4%17.3%19.3%20.0%15.3%16.7%34.5%
Sharpe Ratio-0.460.530.812.560.040.410.07
Correlation With Other Assets 25.8%29.3%7.5%9.6%23.0%13.4%

ETFs used for asset classes: Sector ETF = XLV, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
 ECOR vs. Other Asset Classes (Last 5Y)
 ECORSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-22.4%7.4%14.1%19.4%11.1%6.1%20.0%
Annualized Volatility89.1%14.5%17.1%15.6%18.7%18.8%48.1%
Sharpe Ratio0.110.340.661.000.470.230.45
Correlation With Other Assets 9.1%15.8%4.7%4.8%14.5%6.4%

ETFs used for asset classes: Sector ETF = XLV, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
 ECOR vs. Other Asset Classes (Last 10Y)
 ECORSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-39.0%10.5%15.5%14.8%7.6%5.9%70.8%
Annualized Volatility130.4%16.6%18.0%14.8%17.6%20.8%55.7%
Sharpe Ratio0.100.520.750.830.350.250.91
Correlation With Other Assets 17.4%17.6%3.5%7.9%13.5%9.7%

ETFs used for asset classes: Sector ETF = XLV, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date12312025
Short Interest: Shares Quantity267,837
Short Interest: % Change Since 121520252.1%
Average Daily Volume49,674
Days-to-Cover Short Interest5.39
Basic Shares Quantity8,445,000
Short % of Basic Shares3.2%

SEC Filings

Expand for More
Report DateFiling DateFiling
09/30/202511/05/202510-Q (09/30/2025)
06/30/202508/06/202510-Q (06/30/2025)
03/31/202505/07/202510-Q (03/31/2025)
12/31/202403/12/202510-K (12/31/2024)
09/30/202411/13/202410-Q (09/30/2024)
06/30/202408/07/202410-Q (06/30/2024)
03/31/202405/08/202410-Q (03/31/2024)
12/31/202303/13/202410-K (12/31/2023)
09/30/202311/08/202310-Q (09/30/2023)
06/30/202308/09/202310-Q (06/30/2023)
03/31/202305/03/202310-Q (03/31/2023)
12/31/202203/08/202310-K (12/31/2022)
09/30/202211/03/202210-Q (09/30/2022)
06/30/202208/04/202210-Q (06/30/2022)
03/31/202205/05/202210-Q (03/31/2022)
12/31/202103/10/202210-K (12/31/2021)