Tearsheet

Enerflex (EFXT)


Market Price (12/26/2025): $15.35 | Market Cap: $1.9 Bil
Sector: Energy | Industry: Oil & Gas Equipment & Services

Enerflex (EFXT)


Market Price (12/26/2025): $15.35
Market Cap: $1.9 Bil
Sector: Energy
Industry: Oil & Gas Equipment & Services

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


0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.3%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.2%, FCF Yield is 8.6%
Trading close to highs
Dist 52W High is -4.3%, Dist 3Y High is -4.3%
Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 78%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11%
  Key risks
EFXT key risks include [1] its reliance on customer contracts that are often short-term and cancelable with limited notice.
2 Low stock price volatility
Vol 12M is 41%
  
3 Megatrend and thematic drivers
Megatrends include Hydrogen Economy, Energy Transition & Decarbonization, and US Energy Independence. Themes include Hydrogen Infrastructure, Show more.
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.3%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.2%, FCF Yield is 8.6%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11%
2 Low stock price volatility
Vol 12M is 41%
3 Megatrend and thematic drivers
Megatrends include Hydrogen Economy, Energy Transition & Decarbonization, and US Energy Independence. Themes include Hydrogen Infrastructure, Show more.
4 Trading close to highs
Dist 52W High is -4.3%, Dist 3Y High is -4.3%
5 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 78%
6 Key risks
EFXT key risks include [1] its reliance on customer contracts that are often short-term and cancelable with limited notice.

Valuation, Metrics & Events

EFXT Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback

Enerflex (EFXT) experienced a notable upward movement of approximately 51% from late August 2025 to late December 2025, driven by several key factors:

1. Strong Q3 2025 Financial Performance: Enerflex reported record quarterly revenue of $777 million for Q3 2025, surpassing analyst estimates and demonstrating significant growth compared to $601 million in Q3 2024. The company also achieved a new quarterly record for Adjusted EBITDA, reaching $145 million, up from $120 million in the prior year's third quarter. This strong financial showing, despite a slight miss on EPS estimates, highlighted robust operational performance and revenue generation.

2. Significant Debt Reduction and Improved Financial Position: In Q3 2025, Enerflex reduced its net debt by $108 million compared to Q3 2024, improving its net debt-to-EBITDA ratio to approximately 1.2x from 1.9x. Further enhancing its financial health, the company announced on December 11, 2025, the successful redemption of all its 9.00% Senior Secured Notes due 2027. This was facilitated by proceeds from a private offering of $400 million in 6.875% senior notes due 2031, a strategic move aimed at improving Enerflex's debt profile.

Show more

Stock Movement Drivers

Fundamental Drivers

The 37.0% change in EFXT stock from 9/25/2025 to 12/25/2025 was primarily driven by a 28.9% change in the company's P/E Multiple.
925202512252025Change
Stock Price ($)11.0815.1937.04%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)2329.002505.007.56%
Net Income Margin (%)5.54%5.43%-1.98%
P/E Multiple10.5913.6528.90%
Shares Outstanding (Mil)123.28122.250.83%
Cumulative Contribution37.03%

LTM = Last Twelve Months as of date shown

Market Drivers

9/25/2025 to 12/25/2025
ReturnCorrelation
EFXT37.0% 
Market (SPY)4.9%43.5%
Sector (XLE)-2.6%55.2%

Fundamental Drivers

The 92.0% change in EFXT stock from 6/26/2025 to 12/25/2025 was primarily driven by a 70.8% change in the company's Net Income Margin (%).
626202512252025Change
Stock Price ($)7.9115.1991.98%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)2328.002505.007.60%
Net Income Margin (%)3.18%5.43%70.80%
P/E Multiple13.2713.652.87%
Shares Outstanding (Mil)124.15122.251.52%
Cumulative Contribution91.94%

LTM = Last Twelve Months as of date shown

Market Drivers

6/26/2025 to 12/25/2025
ReturnCorrelation
EFXT92.0% 
Market (SPY)13.1%35.1%
Sector (XLE)4.4%43.8%

Fundamental Drivers

The 56.6% change in EFXT stock from 12/25/2024 to 12/25/2025 was primarily driven by a 49.6% change in the company's P/S Multiple.
1225202412252025Change
Stock Price ($)9.7015.1956.62%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)2427.002505.003.21%
P/S Multiple0.500.7449.55%
Shares Outstanding (Mil)124.04122.251.44%
Cumulative Contribution56.59%

LTM = Last Twelve Months as of date shown

Market Drivers

12/25/2024 to 12/25/2025
ReturnCorrelation
EFXT56.6% 
Market (SPY)15.8%60.3%
Sector (XLE)7.4%63.6%

Fundamental Drivers

The 148.8% change in EFXT stock from 12/26/2022 to 12/25/2025 was primarily driven by a 130.5% change in the company's Total Revenues ($ Mil).
1226202212252025Change
Stock Price ($)6.1015.19148.82%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)1087.002505.00130.45%
P/S Multiple0.500.7447.19%
Shares Outstanding (Mil)89.68122.25-36.32%
Cumulative Contribution116.00%

LTM = Last Twelve Months as of date shown

Market Drivers

12/26/2023 to 12/25/2025
ReturnCorrelation
EFXT224.9% 
Market (SPY)48.3%45.6%
Sector (XLE)9.6%52.3%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
EFXT Return-57%0%58%-25%116%55%68%
Peers Return-33%3%60%33%17%18%102%
S&P 500 Return16%27%-19%24%23%18%115%

Monthly Win Rates [3]
EFXT Win Rate8%0%17%50%83%67% 
Peers Win Rate47%47%65%57%52%65% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
EFXT Max Drawdown-60%0%0%-36%-7%-35% 
Peers Max Drawdown-71%-15%-6%-14%-17%-18% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: AROC, BKR, SLB, FTI, NOV.
[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] 2025 data is for the year up to 12/24/2025 (YTD)

How Low Can It Go

Unique KeyEventEFXTS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-51.4%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven105.8%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven381 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-60.0%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven150.2%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven1,718 days148 days

Compare to FTI, HLX, FTK, BKR, HAL

In The Past

Enerflex's stock fell -51.4% during the 2022 Inflation Shock from a high on 7/28/2023. A -51.4% loss requires a 105.8% gain to breakeven.

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About Enerflex (EFXT)

N/A

AI Analysis | Feedback

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Here are a few brief analogies to describe Enerflex (EFXT):

  • Enerflex is like Caterpillar, but specializing in providing the heavy equipment and infrastructure (like compressors and processing units) for the global natural gas industry.
  • Think of Enerflex as Trane Technologies, but instead of HVAC systems for buildings, they engineer, manufacture, and service large-scale natural gas compression and processing plants for the energy sector.
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AI Analysis | Feedback

  • Integrated Systems: Enerflex provides engineered, fabricated, and installed modular solutions for natural gas compression, processing, and power generation.
  • Aftermarket Support: The company offers comprehensive maintenance, repairs, parts, and operational services for energy infrastructure equipment.
  • Energy Transition Technologies: Enerflex delivers specialized equipment and solutions for emerging energy applications, including carbon capture and hydrogen compression.

AI Analysis | Feedback

Enerflex Ltd. (symbol: EFXT) sells primarily to other companies (Business-to-Business, or B2B) within the global natural gas, power generation, and energy transition markets.

Due to the project-based nature and diversified global customer base of Enerflex's operations, the company typically does not disclose specific major customers by name in its public financial filings, as no single customer is usually material enough (e.g., accounting for more than 10% of total revenue) to warrant such disclosure. Instead, Enerflex serves a broad range of clients across the energy value chain.

The categories of companies that constitute Enerflex's major customers include:

  • International and National Oil & Gas Companies: These include supermajors, national oil companies, and independent producers involved in the exploration, production, and processing of natural gas and other hydrocarbons. They utilize Enerflex's equipment and services for upstream, midstream, and downstream operations.
  • Midstream Operators: Companies focused on the processing, transportation, and storage of natural gas. This includes pipeline operators and gas processing plant owners who require compression, processing, and treatment solutions.
  • Power Generation Companies and Utilities: Entities that generate electricity, including independent power producers (IPPs) and public utilities, often using natural gas as a fuel source. Enerflex provides power generation packages and related infrastructure.
  • Engineering, Procurement, and Construction (EPC) Firms: Enerflex frequently works as a key supplier and contractor to large EPC firms that manage and execute complex energy infrastructure projects for ultimate end-clients. While the EPC firm is the direct customer, the ultimate beneficiary is one of the types of companies listed above.

AI Analysis | Feedback

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AI Analysis | Feedback

Paul Mahoney President and CEO
Paul Mahoney was appointed President and CEO of Enerflex, effective September 29, 2025. He brings over 30 years of experience in the industrial and energy sectors. Prior to joining Enerflex, Mr. Mahoney served as Group President, Production and Automation Technologies at ChampionX Corp. Since 2018, he held the role of Group President, Production and Automation Technologies at ChampionX Corp. Before his tenure at ChampionX, he was the President of Artificial Lift at Dover Corp.

Preet S. Dhindsa Senior Vice President & CFO
Preet S. Dhindsa is the Senior Vice President and CFO. He served as Enerflex's Interim President and CEO from March 2025 until September 2025. Mr. Dhindsa joined Enerflex in October 2023. Prior to Enerflex, he served as Executive Vice President and Chief Financial Officer at ENMAX Corporation, a regulated utility with energy generation and retail lines of business. Before that, Mr. Dhindsa was Senior Vice President and Chief Financial Officer, Global Banking & Markets (GBM), at Scotiabank, where he led international finance teams. He began his career as a professional accountant with KPMG.

David H. Izett Senior Vice President, General Counsel
David H. Izett serves as the Senior Vice President and General Counsel for Enerflex.

Robert Mitchell Senior Vice President and Chief Administrative Officer
Robert Mitchell is Enerflex's Senior Vice President and Chief Administrative Officer. In this role, he is accountable for Enterprise Performance Management, leading M&A integration, company-wide strategy, asset management, Human Resources, Information Technology, risk management, and the Project Management Office functions.

Greg Stewart President, United States of America Region
Greg Stewart holds the position of President for the United States of America Region at Enerflex.

AI Analysis | Feedback

The key risks to Enerflex's business include:

  1. Commodity Price Volatility and Market Conditions: Enerflex's revenue and demand for its services, particularly within its Engineered Systems product line, are significantly influenced by fluctuations in global oil and gas market trends and natural gas prices. A downturn in commodity prices can lead to reduced demand for Enerflex's offerings and increased uncertainty for capital-intensive projects.
  2. Political and Regulatory Risks: Operating internationally, Enerflex is exposed to the impact of fluctuating political climates and evolving regulatory frameworks, including governmental regulations, laws, and income taxes in various countries. Political unrest, for example, has the potential to disrupt energy projects and negatively affect the company's revenues.
  3. Contract-Related Risks and Customer Dependence: The nature of Enerflex's contract compression business and its reliance on the financial health of its clients pose significant risks. Many contracts, particularly in North American Energy Infrastructure, have short initial terms and are cancelable with limited notice after the initial period. If clients face decreased cash flow or limitations on their ability to secure financing, they may seek price concessions, cancel, or not renew contracts, which can materially reduce Enerflex's revenue and net income.

AI Analysis | Feedback

The accelerating global energy transition and decarbonization efforts, which threaten the long-term demand for natural gas infrastructure and services that constitute Enerflex's core business.

AI Analysis | Feedback

Enerflex (EFXT) operates in several key markets, with the following addressable market sizes:

  • Natural Gas Compression: The global natural gas compressor market size was valued at approximately USD 7.8 billion in 2025 and is expected to reach USD 11.2 billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of about 4.1% during this period. North America is a significant region, leading the market with approximately 35% to 40% market share.
  • Gas Processing: The global gas processing market size was calculated at USD 228.66 billion in 2024 and is projected to surpass around USD 430.84 billion by 2034, growing at a CAGR of 6.54%. North America accounted for the largest revenue share in the global gas processing market in 2023. A sub-segment, the global modular gas processing plant market, was valued at USD 1.34 billion in 2023 and is expected to reach USD 2.57 billion by 2033.
  • Carbon Capture, Utilization, and Storage (CCUS): The global carbon capture and storage market size is calculated at USD 8.92 billion in 2025 and is forecasted to reach approximately USD 50.70 billion by 2034, accelerating at a CAGR of 21.37%. North America holds a significant share, with the North America carbon capture and storage market size surpassing USD 2.70 billion in 2024.
  • Power Generation Solutions: The global power generation market size was valued at USD 1,062.27 billion in 2024 and is projected to grow from USD 1,185.11 billion in 2025 to USD 2,022.56 billion by 2032, exhibiting a CAGR of 7.94%. Asia Pacific dominated the market with a valuation of USD 538.16 billion in 2024. The U.S. market is projected to reach an estimated value of USD 307.89 billion by 2032.
(I was unable to find specific addressable market sizes for "Produced Water Treatment Solutions" at Enerflex's scale or for "Aftermarket Services" as distinct market sizes in the search results.)

AI Analysis | Feedback

Enerflex (EFXT) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:

  1. Capitalizing on Natural Gas and Produced Water Volume Growth: Enerflex aims to leverage its strong position in core operating countries to benefit from anticipated increases in natural gas and produced water volumes globally. This includes growth in its U.S. contract compression business, where fundamentals remain strong due to expected rises in natural gas production, particularly in the Permian basin.
  2. Conversion of Engineered Systems (ES) Backlog: The company holds a substantial backlog in its Engineered Systems product line, which was approximately $1.3 billion as of December 31, 2024, and $1.1 billion in Q3 2025. The majority of this backlog is expected to convert into revenue over the next 12 months, providing a clear driver for near-term revenue.
  3. Expansion of Energy Infrastructure (EI) Contracted Revenue: Enerflex's Energy Infrastructure product line is underpinned by highly contracted customer agreements, which are projected to generate approximately $1.5 billion in revenue during their current terms. This focus on long-term contracts contributes to more stable and recurring revenue streams.
  4. Strategic Investments in Customer-Supported Growth Opportunities: Enerflex is committed to disciplined capital spending focused on customer-supported opportunities, particularly in the U.S. contract compression business and the Middle East. These targeted investments are aimed at enhancing core operations and expanding its presence in lucrative markets.
  5. Exploration of Modular Power Generation: The company is actively exploring opportunities in modular power generation, indicating a potential expansion into new services and markets that could contribute to future revenue diversification and growth.

AI Analysis | Feedback

Share Repurchases

  • Enerflex received approval for a Normal Course Issuer Bid (NCIB) to repurchase up to 6,159,695 common shares, representing approximately 5% of its public float, between April 1, 2025, and March 31, 2026.
  • As of September 30, 2025, the company had repurchased 2,676,200 common shares at an average price of CAD$10.93 since the NCIB began.
  • During the third quarter of 2025, Enerflex repurchased 777,000 common shares at an average price of CAD$12.98 per share.

Share Issuance

  • Enerflex had 122.25 million shares outstanding, which increased by 0.15% in one year.

Capital Expenditures

  • Enerflex is targeting total capital expenditures of approximately $120 million for 2025.
  • This includes approximately $60 million allocated to growth opportunities and $60 million for maintenance and property, plant, and equipment (PP&E) expenditures in 2025.
  • The primary focus of disciplined capital spending for 2025 is on customer-supported opportunities, mainly within the U.S. contract compression business and the Middle East.

Better Bets than Enerflex (EFXT)

Trade Ideas

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

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
WHD_11212025_Dip_Buyer_ValueBuy11212025WHDCactusDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
12.0%12.0%0.0%
OVV_10172025_Dip_Buyer_FCFYield10172025OVVOvintivDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
6.6%6.6%0.0%
COP_10102025_Dip_Buyer_FCFYield10102025COPConocoPhillipsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
5.7%5.7%-2.3%
HAL_10102025_Dip_Buyer_FCFYield10102025HALHalliburtonDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
28.4%28.4%-0.7%
OXY_10102025_Dip_Buyer_FCFYield10102025OXYOccidental PetroleumDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-4.5%-4.5%-7.1%

Recent Active Movers

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Peer Comparisons for Enerflex

Peers to compare with:

Financials

EFXTAROCBKRSLBFTINOVMedian
NameEnerflex Archrock Baker Hu.SLB TechnipF.NOV  
Mkt Price15.1925.8045.3037.9744.6815.6131.88
Mkt Cap1.94.544.70.118.35.85.1
Rev LTM2,5051,43927,71135,2489,7838,7759,279
Op Inc LTM3005223,5355,6881,292609951
FCF LTM160192,0893,8621,5418771,209
FCF 3Y Avg103141,9244,059913435674
CFO LTM2795323,3385,8741,8901,2691,579
CFO 3Y Avg2283953,1476,1121,177760968

Growth & Margins

EFXTAROCBKRSLBFTINOVMedian
NameEnerflex Archrock Baker Hu.SLB TechnipF.NOV  
Rev Chg LTM3.2%31.9%1.5%-2.1%11.2%-1.5%2.4%
Rev Chg 3Y Avg39.9%20.8%10.4%10.5%14.5%10.0%12.5%
Rev Chg Q29.3%30.9%1.5%-2.5%12.7%-0.7%7.1%
QoQ Delta Rev Chg LTM7.6%6.7%0.4%-0.7%3.2%-0.2%1.8%
Op Mgn LTM12.0%36.3%12.8%16.1%13.2%6.9%13.0%
Op Mgn 3Y Avg7.7%30.1%11.6%16.6%9.7%8.0%10.7%
QoQ Delta Op Mgn LTM0.9%1.4%0.0%-0.8%0.8%-1.0%0.4%
CFO/Rev LTM11.1%37.0%12.0%16.7%19.3%14.5%15.6%
CFO/Rev 3Y Avg9.3%33.5%11.9%17.7%13.0%8.6%12.5%
FCF/Rev LTM6.4%1.3%7.5%11.0%15.8%10.0%8.8%
FCF/Rev 3Y Avg4.1%0.9%7.3%11.7%10.0%4.8%6.1%

Valuation

EFXTAROCBKRSLBFTINOVMedian
NameEnerflex Archrock Baker Hu.SLB TechnipF.NOV  
Mkt Cap1.94.544.70.118.35.85.1
P/S0.73.11.60.01.90.71.2
P/EBIT6.48.813.30.014.29.79.2
P/E13.717.015.40.019.315.115.3
P/CFO6.78.513.40.09.74.67.6
Total Yield7.3%8.9%8.5%9,327.9%5.6%10.0%8.7%
Dividend Yield0.0%3.0%2.0%2,802.0%0.5%3.3%2.5%
FCF Yield 3Y Avg10.6%-0.0%4.9%5,432.6%7.0%8.7%7.8%
D/E0.40.60.1228.60.10.40.4
Net D/E0.40.60.1164.40.00.20.3

Returns

EFXTAROCBKRSLBFTINOVMedian
NameEnerflex Archrock Baker Hu.SLB TechnipF.NOV  
1M Rtn10.6%7.5%-8.4%6.6%-0.8%4.3%5.5%
3M Rtn37.0%-1.9%-9.2%10.6%12.0%17.5%11.3%
6M Rtn92.0%4.1%19.4%14.0%28.2%21.3%20.4%
12M Rtn56.6%7.4%13.4%3.8%54.5%11.9%12.7%
3Y Rtn148.8%237.4%67.1%-22.8%275.6%-19.5%108.0%
1M Excs Rtn7.2%7.0%-11.6%3.8%-3.1%1.0%2.4%
3M Excs Rtn32.1%-6.8%-14.1%5.7%7.1%12.5%6.4%
6M Excs Rtn79.1%-8.8%6.5%1.1%15.3%8.4%7.5%
12M Excs Rtn47.4%-8.3%-2.1%-10.5%38.7%-1.5%-1.8%
3Y Excs Rtn81.8%179.2%-9.5%-99.4%213.6%-96.4%36.1%

Financials

Segment Financials

Revenue by Segment
$ Mil20242023202220212020
Engineered Systems (ES)1,2847022784691,109
Energy Infrastructure (EI)576281219247188
After-Market Services (AMS)483327257238269
Total2,3431,3107539541,566


Price Behavior

Price Behavior
Market Price$15.19 
Market Cap ($ Bil)1.9 
First Trading Date06/13/2011 
Distance from 52W High-4.3% 
   50 Days200 Days
DMA Price$13.52$9.62
DMA Trendupup
Distance from DMA12.3%57.9%
 3M1YR
Volatility36.6%41.2%
Downside Capture17.1177.74
Upside Capture160.96110.81
Correlation (SPY)42.9%60.5%
EFXT Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta0.941.511.361.081.261.17
Up Beta0.301.211.380.931.000.94
Down Beta3.492.532.142.102.121.67
Up Capture165%229%193%173%116%142%
Bmk +ve Days12253873141426
Stock +ve Days13274078141387
Down Capture25%54%38%-24%85%101%
Bmk -ve Days7162452107323
Stock -ve Days6142247105341

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
 Comparison of EFXT With Other Asset Classes (Last 1Y)
 EFXTSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return63.6%10.0%19.2%71.9%8.9%6.0%-10.1%
Annualized Volatility41.0%24.4%19.5%19.3%15.3%17.1%35.0%
Sharpe Ratio1.300.340.782.690.360.18-0.12
Correlation With Other Assets 63.5%60.2%8.1%46.8%37.9%24.5%

ETFs used for asset classes: Sector ETF = XLE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
 Comparison of EFXT With Other Asset Classes (Last 5Y)
 EFXTSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return54.0%21.8%14.9%18.7%11.7%4.8%32.7%
Annualized Volatility47.4%26.7%17.1%15.5%18.7%18.9%48.7%
Sharpe Ratio1.070.750.700.970.510.170.60
Correlation With Other Assets 49.3%40.9%10.3%38.4%30.5%18.3%

ETFs used for asset classes: Sector ETF = XLE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
 Comparison of EFXT With Other Asset Classes (Last 10Y)
 EFXTSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return3.2%8.0%14.7%14.9%6.9%5.2%69.3%
Annualized Volatility53.2%29.8%18.0%14.8%17.6%20.8%55.8%
Sharpe Ratio0.340.320.700.830.310.220.90
Correlation With Other Assets 48.7%41.6%3.4%34.2%31.5%13.6%

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

Short Interest

Short Interest: As Of Date12152025
Short Interest: Shares Quantity425,348
Short Interest: % Change Since 11302025146.2%
Average Daily Volume569,561
Days-to-Cover Short Interest1
Basic Shares Quantity122,252,809
Short % of Basic Shares0.3%

SEC Filings

Expand for More
Report DateFiling DateFiling
9302025110620256-K 9/30/2025
630202580720256-K 6/30/2025
331202550820256-K 3/31/2025
12312024227202540-F 12/31/2024
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