Elite Express (ETS)
Market Price (8/20/2026): $1.11 | Market Cap: $18.6 MilSector: Industrials | Industry: Cargo Ground Transportation
Elite Express (ETS)
Market Price (8/20/2026): $1.11Market Cap: $18.6 MilSector: IndustrialsIndustry: Cargo Ground Transportation
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -28% Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Future of Freight, and Automation & Robotics. Themes include Last-Mile Delivery, Show more. | Weak multi-year price returns2Y Excs Rtn is -110%, 3Y Excs Rtn is -140% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -5.1 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -179% Stock price has recently run up significantly6M Rtn6 month market price return is 119% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -239%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -239% Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 54% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -29% High stock price volatilityVol 12M is 106% Key risksETS key risks include [1] a heavy dependence on FedEx, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -28% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Future of Freight, and Automation & Robotics. Themes include Last-Mile Delivery, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -110%, 3Y Excs Rtn is -140% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -5.1 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -179% |
| Stock price has recently run up significantly6M Rtn6 month market price return is 119% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -239%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -239% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 54% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -29% |
| High stock price volatilityVol 12M is 106% |
| Key risksETS key risks include [1] a heavy dependence on FedEx, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Elite Express (ETS) stock has gained about 95% since 4/30/2026 because of the following key factors:
1. Regaining Nasdaq Minimum Bid Price Compliance. Elite Express (ETS) shares experienced a significant boost after successfully regaining compliance with Nasdaq's minimum bid price requirement. The company received notification on April 30, 2026, that it was eligible for an extended period to meet the $1.00 minimum bid price. Subsequently, by August 7, 2026, Elite Express confirmed it had met the $1 bid rule, which was noted to enhance investor confidence and stabilize the stock. This resolution removed a key delisting risk, contributing to the stock's strong performance, which included a 45.4% gain in the month prior to August 10, 2026.
2. Successful $8 Million Private Placement Offering. On June 4, 2026, Elite Express completed a private placement offering, issuing 32,000,000 shares of Class A Common Stock at $0.25 per share, generating aggregate gross proceeds of $8,000,000. This substantial capital injection, occurring after the specified period start date, provided significant funding for the company, likely boosting investor confidence in its financial stability and future growth initiatives.
Show more
Elite Express (ETS) stock has gained about 95% since 4/30/2026 because of the following key factors:
1. Regaining Nasdaq Minimum Bid Price Compliance. Elite Express (ETS) shares experienced a significant boost after successfully regaining compliance with Nasdaq's minimum bid price requirement. The company received notification on April 30, 2026, that it was eligible for an extended period to meet the $1.00 minimum bid price. Subsequently, by August 7, 2026, Elite Express confirmed it had met the $1 bid rule, which was noted to enhance investor confidence and stabilize the stock. This resolution removed a key delisting risk, contributing to the stock's strong performance, which included a 45.4% gain in the month prior to August 10, 2026.
2. Successful $8 Million Private Placement Offering. On June 4, 2026, Elite Express completed a private placement offering, issuing 32,000,000 shares of Class A Common Stock at $0.25 per share, generating aggregate gross proceeds of $8,000,000. This substantial capital injection, occurring after the specified period start date, provided significant funding for the company, likely boosting investor confidence in its financial stability and future growth initiatives.
3. Strong Operational Improvement in Fiscal Q2 2026 Driven by FedEx Agreement. Elite Express reported encouraging operational results for its fiscal Q2 2026, which ended on May 31, 2026. Revenue increased by 15.3% year-over-year to $726,829. More critically, the company's gross profit surged to $81,037 from $18,002 in the prior year's fiscal Q2, with gross margin improving to 11.1% from 2.9%. This improved profitability was largely attributed to revenue growth outpacing the increase in the cost of revenue, specifically supported by higher weekly service charge rates under its renewed FedEx ISP agreement. This demonstrated an increase in operational efficiency and a stronger core business model.
Show less
Stock Movement Drivers
Fundamental Drivers
The 93.0% change in ETS stock from 4/30/2026 to 8/19/2026 was primarily driven by a 86.5% change in the company's P/S Multiple.| (LTM values as of) | 4302026 | 8192026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.57 | 1.10 | 93.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3 | 3 | 3.5% |
| P/S Multiple | 3.4 | 6.4 | 86.5% |
| Shares Outstanding (Mil) | 17 | 17 | 0.0% |
| Cumulative Contribution | 93.0% |
Market Drivers
4/30/2026 to 8/19/2026| Return | Correlation | |
|---|---|---|
| ETS | 93.0% | |
| Market (SPY) | 7.0% | -6.8% |
| Sector (XLI) | 4.2% | 2.1% |
Fundamental Drivers
The 110.3% change in ETS stock from 1/31/2026 to 8/19/2026 was primarily driven by a 0.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 1312026 | 8192026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.52 | 1.10 | 110.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | � | 3 | 0.0% |
| P/S Multiple | � | 6.4 | 0.0% |
| Shares Outstanding (Mil) | 17 | 17 | 0.0% |
| Cumulative Contribution | 0.0% |
Market Drivers
1/31/2026 to 8/19/2026| Return | Correlation | |
|---|---|---|
| ETS | 110.3% | |
| Market (SPY) | 11.4% | -8.9% |
| Sector (XLI) | 10.3% | -3.2% |
Fundamental Drivers
nullnull
Market Drivers
7/31/2025 to 8/19/2026| Return | Correlation | |
|---|---|---|
| ETS | ||
| Market (SPY) | 22.7% | -6.8% |
| Sector (XLI) | 20.9% | -6.3% |
Fundamental Drivers
nullnull
Market Drivers
7/31/2023 to 8/19/2026| Return | Correlation | |
|---|---|---|
| ETS | ||
| Market (SPY) | 73.9% | -6.8% |
| Sector (XLI) | 71.6% | -6.3% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ETS Return | - | - | - | - | -86% | 125% | -68% |
| Peers Return | 31% | -22% | 52% | 10% | -5% | 33% | 118% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 105% |
Monthly Win Rates [3] | |||||||
| ETS Win Rate | - | - | - | - | 0% | 62% | |
| Peers Win Rate | 63% | 47% | 60% | 45% | 53% | 55% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| ETS Max Drawdown | - | - | - | - | - | -34% | |
| Peers Max Drawdown | -20% | -36% | -26% | -21% | -35% | -18% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: UPS, FDX, XPO, ODFL, SNDR.
[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 8/19/2026 (YTD)
How Low Can It Go
ETS has limited trading history. Below is the Industrials sector ETF (XLI) in its place.
| Event | XLI | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -15.8% | -18.8% |
| % Gain to Breakeven | 18.8% | 23.1% |
| Time to Breakeven | 34 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -11.7% | -9.5% |
| % Gain to Breakeven | 13.2% | 10.5% |
| Time to Breakeven | 45 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -20.1% | -24.5% |
| % Gain to Breakeven | 25.1% | 32.4% |
| Time to Breakeven | 125 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -41.6% | -33.7% |
| % Gain to Breakeven | 71.2% | 50.9% |
| Time to Breakeven | 231 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.7% | -19.2% |
| % Gain to Breakeven | 31.1% | 23.8% |
| Time to Breakeven | 120 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -11.1% | -12.2% |
| % Gain to Breakeven | 12.5% | 13.9% |
| Time to Breakeven | 51 days | 62 days |
In The Past
State Street Industrial Select Sector SPDR ETF's stock fell -15.8% during the 2025 US Tariff Shock. Such a loss loss requires a 18.8% 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.
ETS has limited trading history. Below is the Industrials sector ETF (XLI) in its place.
| Event | XLI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -20.1% | -24.5% |
| % Gain to Breakeven | 25.1% | 32.4% |
| Time to Breakeven | 125 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -41.6% | -33.7% |
| % Gain to Breakeven | 71.2% | 50.9% |
| Time to Breakeven | 231 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.7% | -19.2% |
| % Gain to Breakeven | 31.1% | 23.8% |
| Time to Breakeven | 120 days | 105 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -22.5% | -17.9% |
| % Gain to Breakeven | 29.0% | 21.8% |
| Time to Breakeven | 114 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -60.5% | -53.4% |
| % Gain to Breakeven | 153.2% | 114.4% |
| Time to Breakeven | 700 days | 1085 days |
In The Past
State Street Industrial Select Sector SPDR ETF's stock fell -15.8% during the 2025 US Tariff Shock. Such a loss loss requires a 18.8% 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 Elite Express (ETS)
Elite Express (ETS) is a Delaware-incorporated holding company that specializes in last-mile package delivery services within California, operating through its wholly-owned subsidiary, JAR Transportation Inc. The company's core business involves retrieving packages from distribution hubs and ensuring their prompt and secure delivery to recipients' doorsteps within a designated service area of approximately 1,665 square miles. Utilizing a fleet of about 23 trucks and trailers, Elite Express leverages advanced logistics software like GroundCloud for route optimization, driver management, and compliance, aiming to provide efficient and reliable delivery solutions. On an average day, they complete between 1,000 to 1,700 stops, handling 1,200 to 2,000 packages, with daily stops increasing to an estimated 2,000 during peak seasons.
Currently, Elite Express's entire revenue stream is derived from providing these last-mile delivery services exclusively to one primary customer: FedEx. For the six months ended May 31, 2025, 100% of their revenue came from this sole customer relationship. The company is actively investing in advanced technologies to enhance its scalability, automate operations, and improve data-driven decision-making, signaling a commitment to optimizing its operational efficiency and service capabilities within its specialized market segment.
From a financial perspective, Elite Express has reported total revenue of $2,426,026 and a net loss of $208,390 for the year ended November 30, 2023 (Predecessor). For the more recent six months ended May 31, 2025, the company generated total revenue of $1,322,393 and incurred a net loss of $312,603. These figures highlight the company's operational scale and profitability challenges as it continues to grow and invest in its specialized delivery services.
AI Analysis | Feedback
Here are 1-2 brief analogies to describe Elite Express (ETS):
Elite Express is like an Amazon Delivery Service Partner (DSP), but exclusively for FedEx.
Think of it as a dedicated, regional contractor managing a fleet of trucks solely for FedEx Ground's last-mile deliveries.
AI Analysis | Feedback
- Last-Mile Delivery Services: Elite Express specializes in the pickup of packages from distribution hubs and their subsequent delivery to recipients’ doorsteps within California, exclusively for FedEx.
AI Analysis | Feedback
Elite Express (ETS) has one major customer:
- FedEx (FDX)
AI Analysis | Feedback
AI Analysis | Feedback
Yidan Chen Chief Executive Officer, President, Director, and Interim Chief Financial Officer and Principal Accounting Officer
Ms. Chen has served as Elite Express's CEO, President, and Director since January 2025. She also assumed the role of interim Chief Financial Officer and Principal Accounting Officer in December 2025 following the resignation of the previous CFO. She brings over 25 years of experience in investment management and executive leadership from both the U.S. and China. Ms. Chen holds a Bachelor's degree from Southwest Agricultural University.
Huan Liu Chairman of the Board of Directors
Mr. Liu has served as Elite Express's Chairman of the Board since June 2024. He is the founder and CEO of Cheetah Net (Nasdaq: CTNT), demonstrating extensive experience in business development, investor relations, and corporate administration. Mr. Liu holds a Master's in Finance from Brandeis University and a Bachelor's in Finance and Law from Harbin Engineering University.
AI Analysis | Feedback
1. Sole Customer Reliance: Elite Express is entirely dependent on a single customer, FedEx, for 100% of its revenue. This creates a significant business risk, as any adverse changes in the relationship with FedEx, such as contract termination, reduced volume, or unfavorable renegotiation of terms, could severely impact Elite Express's financial stability and operational viability.
2. Consistent Net Losses: Elite Express has consistently reported net losses across all provided financial periods, including a net loss of $208,390 for the year ended November 30, 2023 (Predecessor), $77,735 for December 1, 2023 to October 25, 2024 (Predecessor), $300,703 for October 26, 2024 to November 30, 2024 (Successor), and $312,603 for the six months ended May 31, 2025. This sustained unprofitability poses a substantial risk to the company's long-term sustainability and ability to fund operations and growth.
AI Analysis | Feedback
AI Analysis | Feedback
AI Analysis | Feedback
Expected Drivers of Future Revenue Growth for Elite Express (ETS) Over the Next 2-3 Years
Elite Express (ETS) anticipates several key drivers for revenue growth over the next two to three years, primarily focused on expanding its operational footprint, diversifying its customer base, and leveraging technological advancements:
- Expansion of Delivery Routes and Customer Base: Elite Express plans to expand its delivery routes and broaden its customer base beyond its current sole customer, FedEx. The company aims to actively explore opportunities to partner with additional carriers to diversify its revenue streams and strengthen its market presence.
- Strategic Acquisitions: The company intends to utilize proceeds from its initial public offering (IPO) to pursue equity and asset acquisitions, along with other strategic investments. These acquisitions are focused on supporting its growth strategy.
- Fleet Expansion: Elite Express is focused on expanding its fleet capacity to meet increasing demand for its last-mile delivery services.
- Enhancing Operational Efficiency through Technology: The company plans to leverage technology to scale operations, enhance efficiency, and integrate advanced logistics solutions. This includes strategic investments in vehicles, the transition to electric vehicles, and operational infrastructure, including tools and software.
- Growth in E-commerce Demand: Elite Express believes the rapid growth of e-commerce is a significant driving force for increased demand in last-mile delivery services. The company expects to benefit from rising delivery volumes as consumer habits continue to shift towards online shopping.
AI Analysis | Feedback
Share Issuance
- Elite Express Holding Inc. completed its Initial Public Offering (IPO) on August 22, 2025, selling 3,800,000 shares of Class A common stock at $4.00 per share, which generated approximately $15.2 million in gross proceeds.
- On March 10, 2026, the company agreed to sell 32,000,000 Class A Common shares at $0.25 per share in a private placement to eight non-U.S. investors, for gross proceeds of $8,000,000. This transaction is expected to close within ninety days of March 10, 2026.
- In December 2024, Elite Express completed a 1-for-6 reverse stock split for both Class A and Class B shares to meet listing requirements and improve marketability.
Inbound Investments
- On March 10, 2026, Elite Express entered into a Stock Purchase Agreement with eight non-U.S. investors for a private placement, resulting in aggregate gross proceeds of $8,000,000.
Outbound Investments
- For the fiscal year ended November 30, 2025, Elite Express originated loans receivable totaling $10.0 million.
- The company plans to utilize proceeds from its IPO to pursue equity and asset acquisitions and other strategic investments aimed at expanding delivery routes and diversifying its customer base.
Capital Expenditures
- For the last 12 months (prior to March 11, 2026), Elite Express reported capital expenditures of approximately -$86,325.
- Research and development expenses totaled $0.9 million for the fiscal year ended November 30, 2025, a strategic investment focused on developing a B2B delivery aggregation platform.
- Following the acquisition date of JAR Transportation Inc. on October 25, 2024, the company adopted a proactive investment strategy to expand capacity, enhance efficiency, and integrate advanced logistics solutions, including investments in vehicles and operational infrastructure.
Peer Outperformance in Cargo Ground Transportation
null| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Construction & Engineering | 31 | 31.4% | 131.6% | 210.1% | CDNL 3233% · STRL 2335% · FIX 2227% |
| Marine Transportation | 4 | 71.1% | 64.1% | 165.0% | MATX 218% · SFL 167% · KEX 163% |
| Construction Machinery & Heavy Transportation Equipment | 13 | 11.6% | 58.6% | 122.8% | CAT 334% · ALSN 260% · WAB 251% |
| Aerospace & Defense | 55 | 17.3% | 84.8% | 88.8% | DFNS 2609% · ATI 1117% · FTAI 999% |
| Passenger Ground Transportation | 3 | -9.7% | 56.6% | 65.8% | UBER 95% · CAR 66% · LYFT -62% |
| Industrial Machinery & Supplies & Components | 71 | 11.2% | 56.3% | 50.3% | CRS 1580% · PSIX 869% · GHM 780% |
| Trading Companies & Distributors | 18 | 5.9% | 36.1% | 47.9% | DXPE 545% · AIT 314% · URI 251% |
| Rail Transportation | 7 | 37.9% | 71.4% | 46.4% | FSTR 114% · CSX 61% · UNP 51% |
| Cargo Ground Transportation ← | 16 | 42.5% | 11.5% | 45.9% | XPO 283% · R 278% · CVLG 218% |
| Diversified Support Services | 34 | 12.0% | 37.8% | 40.3% | LIME 4287% · TH 391% · WLFC 363% |
| Electrical Components & Equipment | 40 | 27.8% | 40.6% | 35.9% | POWL 2456% · BE 933% · ELVA 917% |
| Building Products | 33 | -4.5% | 21.5% | 33.4% | GFF 438% · LMB 435% · PPIH 281% |
| Industrial Conglomerates | 17 | 24.1% | 24.2% | 11.1% | RCMT 788% · TTI 192% · CSW 155% |
| Office Services & Supplies | 10 | 17.0% | 28.8% | 5.6% | TILE 200% · PBI 166% · EBF 59% |
| Environmental & Facilities Services | 28 | -6.7% | 15.9% | 3.2% | CECO 935% · ADUR 630% · NVRI 306% |
| Research & Consulting Services | 13 | -5.4% | -17.8% | -2.8% | HURN 219% · CRAI 96% · GRNQ 71% |
| Agricultural & Farm Machinery | 17 | -6.9% | -15.5% | -18.0% | BLBD 202% · DE 76% · GENC 67% |
| Passenger Airlines | 11 | 9.1% | -5.7% | -24.1% | LTM 2416% · UAL 163% · SKYW 155% |
| Data Processing & Outsourced Services | 6 | -30.8% | -9.6% | -25.2% | EXLS 54% · BR 10% · G -25% |
| Human Resource & Employment Services | 21 | 12.3% | -20.6% | -34.5% | BBSI 87% · ADP 46% · KFY 38% |
| Air Freight & Logistics | 12 | -13.1% | -24.2% | -35.9% | CHRW 84% · FDX 70% · EXPD 61% |
| Security & Alarm Services | 10 | -28.4% | -16.1% | -44.8% | CIX 118% · MG 101% · BCO 50% |
| Airport Services | 3 | -67.1% | -67.5% | -57.1% | JOBY -22% · ASLE -57% · UP -100% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Is Elite Express Stock Built to Withstand More Downside? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 150.15 |
| Mkt Cap | 32.8 |
| Rev LTM | 7,196 |
| Op Inc LTM | 1,145 |
| FCF LTM | 851 |
| FCF 3Y Avg | 979 |
| CFO LTM | 1,241 |
| CFO 3Y Avg | 1,514 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 6.6% |
| Rev Chg 3Y Avg | -0.8% |
| Rev Chg Q | 11.5% |
| QoQ Delta Rev Chg LTM | 2.9% |
| Op Inc Chg LTM | -1.1% |
| Op Inc Chg 3Y Avg | -5.0% |
| Op Mgn LTM | 7.2% |
| Op Mgn 3Y Avg | 8.3% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 10.4% |
| CFO/Rev 3Y Avg | 11.2% |
| FCF/Rev LTM | 5.7% |
| FCF/Rev 3Y Avg | 4.1% |
Price Behavior
| Market Price | $1.10 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 08/21/2025 | |
| Distance from 52W High | -68.6% | |
| 50 Days | 200 Days | |
| DMA Price | $2.30 | $2.30 |
| DMA Trend | up | up |
| Distance from DMA | -52.2% | -52.2% |
| 3M | 1YR | |
| Volatility | 114.8% | 105.9% |
| Downside Capture | -393.31 | -22.46 |
| Upside Capture | 13.05 | -149.13 |
| Correlation (SPY) | -6.9% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -4.72 | -0.39 | -0.34 | -0.53 | 0.04 | 0.77 |
| Up Beta | -4.05 | 2.73 | 1.89 | -0.66 | -2.70 | 1.07 |
| Down Beta | -8.23 | 0.70 | -0.06 | 0.38 | 0.71 | 1.69 |
| Up Capture | -178% | 63% | 63% | 10% | -51% | -5% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 10 | 23 | 31 | 60 | 101 | 101 |
| Down Capture | -658% | -506% | -351% | -277% | -2% | -1% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 12 | 20 | 31 | 64 | 131 | 131 |
[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 ETS | |
|---|---|---|---|---|
| ETS | -68.7% | 105.9% | -0.52 | - |
| Sector ETF (XLI) | 21.8% | 17.1% | 0.99 | -6.3% |
| Equity (SPY) | 20.7% | 12.8% | 1.19 | -6.8% |
| Gold (GLD) | 35.0% | 28.8% | 1.04 | -5.4% |
| Commodities (DBC) | 41.4% | 20.2% | 1.60 | 3.0% |
| Real Estate (VNQ) | 15.3% | 13.9% | 0.78 | -9.3% |
| Bitcoin (BTCUSD) | -44.7% | 42.7% | -1.27 | -0.6% |
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 ETS | |
|---|---|---|---|---|
| ETS | -20.7% | 105.9% | -0.52 | - |
| Sector ETF (XLI) | 13.2% | 17.6% | 0.58 | -6.3% |
| Equity (SPY) | 13.1% | 17.2% | 0.59 | -6.8% |
| Gold (GLD) | 20.4% | 18.6% | 0.89 | -5.4% |
| Commodities (DBC) | 9.8% | 19.6% | 0.39 | 3.0% |
| Real Estate (VNQ) | 2.4% | 18.9% | 0.03 | -9.3% |
| Bitcoin (BTCUSD) | 7.2% | 52.6% | 0.32 | -0.6% |
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 ETS | |
|---|---|---|---|---|
| ETS | -10.9% | 105.9% | -0.52 | - |
| Sector ETF (XLI) | 14.0% | 20.0% | 0.61 | -6.3% |
| Equity (SPY) | 15.2% | 17.9% | 0.72 | -6.8% |
| Gold (GLD) | 12.5% | 16.2% | 0.63 | -5.4% |
| Commodities (DBC) | 7.9% | 18.1% | 0.35 | 3.0% |
| Real Estate (VNQ) | 4.9% | 20.7% | 0.20 | -9.3% |
| Bitcoin (BTCUSD) | 60.0% | 66.0% | 1.00 | -0.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 8/14/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/14/2026 | 5.2% | 4.1% | 30.2% |
| 4/13/2026 | 1.9% | -7.0% | -13.1% |
| 10/14/2025 | 1.5% | 1.5% | -29.8% |
| SUMMARY STATS | |||
| # Positive | 3 | 2 | 1 |
| # Negative | 0 | 1 | 2 |
| Median Positive | 1.9% | 2.8% | 30.2% |
| Median Negative | -7.0% | -21.5% | |
| Max Positive | 5.2% | 4.1% | 30.2% |
| Max Negative | -7.0% | -29.8% | |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/14/2026 | 5.2% | 4.1% | 30.2% |
| 4/13/2026 | 1.9% | -7.0% | -13.1% |
| 10/14/2025 | 1.5% | 1.5% | -29.8% |
| SUMMARY STATS | |||
| # Positive | 3 | 2 | 1 |
| # Negative | 0 | 1 | 2 |
| Median Positive | 1.9% | 2.8% | 30.2% |
| Median Negative | -7.0% | -21.5% | |
| Max Positive | 5.2% | 4.1% | 30.2% |
| Max Negative | -7.0% | -29.8% | |
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Cargo Ground Transportation Resources |
| Transport Topics |
| Commercial Carrier Journal (CCJ) |
| FreightWaves |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.