Lyntris (LYNX)
Market Price (9/11/2026): $12.39 | Market Cap: $-Sector: Industrials | Industry: Aerospace & Defense
Lyntris (LYNX)
Market Price (9/11/2026): $12.39Market Cap: $-Sector: IndustrialsIndustry: Aerospace & Defense
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Weak multi-year price returns2Y Excs Rtn is -55%, 3Y Excs Rtn is -86% | Key risksLYNX key risks include [1] its overwhelming reliance on government defense contracts and [2] integration challenges from its aggressive acquisition strategy. |
| Weak multi-year price returns2Y Excs Rtn is -55%, 3Y Excs Rtn is -86% |
| Key risksLYNX key risks include [1] its overwhelming reliance on government defense contracts and [2] integration challenges from its aggressive acquisition strategy. |
Qualitative Assessment
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Lyntris (LYNX) stock has lost about 15% since it went public on 8/19/2026 because of the following key factors:
1. Lyntris's Initial Public Offering (IPO) was significantly downsized and priced below its initial target range, signaling weaker investor demand. The company originally aimed to offer 24 million shares at a price range of $19.00 to $22.00, targeting to raise approximately $492 million. However, Lyntris ultimately sold 17 million shares at $17.50 per share, raising $297.5 million, representing a reduction of about 40% in the IPO's size.
2. The company's unprofitability and widening net losses raised investor caution. Lyntris has not yet achieved profitability. It reported a net loss of $11.8 million on revenue of $450.84 million for the fiscal year ending June 30, 2026 (fiscal Q4 2026 ended in June 2026). More specifically, for the first half of fiscal 2026 (ending June 30, 2026), Lyntris posted a net loss of $13 million on revenue of $241 million, which was a widening of losses from $9.7 million in the first half of fiscal 2025.
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Lyntris (LYNX) stock has lost about 15% since it went public on 8/19/2026 because of the following key factors:
1. Lyntris's Initial Public Offering (IPO) was significantly downsized and priced below its initial target range, signaling weaker investor demand. The company originally aimed to offer 24 million shares at a price range of $19.00 to $22.00, targeting to raise approximately $492 million. However, Lyntris ultimately sold 17 million shares at $17.50 per share, raising $297.5 million, representing a reduction of about 40% in the IPO's size.
2. The company's unprofitability and widening net losses raised investor caution. Lyntris has not yet achieved profitability. It reported a net loss of $11.8 million on revenue of $450.84 million for the fiscal year ending June 30, 2026 (fiscal Q4 2026 ended in June 2026). More specifically, for the first half of fiscal 2026 (ending June 30, 2026), Lyntris posted a net loss of $13 million on revenue of $241 million, which was a widening of losses from $9.7 million in the first half of fiscal 2025.
3. A significant portion of the IPO consisted of secondary shares sold by existing stockholders, reducing the capital directly injected into the company for growth. Out of the 17 million shares sold in the IPO, 11.29 million shares, approximately 66%, were offered by existing stockholders, including the private equity firm Trive Capital. Lyntris itself only offered 5.71 million shares, from which it received approximately $69.5 million in net proceeds, with about $60 million allocated to repay outstanding debt.
4. Key company insiders and the primary shareholder sold shares exceeding USD 5 million as part of the IPO. Trive Capital Holdings LLC sold approximately $145.83 million worth of shares during the IPO. Additionally, the combined sales by President Matthew Alty (approximately $3.92 million), CEO Brian Morrison (approximately $3.07 million), and CFO Tim Paulin (approximately $0.91 million) totaled about $7.9 million, exceeding the $5 million threshold.
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Stock Movement Drivers
Fundamental Drivers
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Market Drivers
5/31/2026 to 9/10/2026| Return | Correlation | |
|---|---|---|
| LYNX | ||
| Market (SPY) | 0.2% | -9.8% |
| Sector (XLI) | -1.5% | -18.2% |
Fundamental Drivers
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Market Drivers
2/28/2026 to 9/10/2026| Return | Correlation | |
|---|---|---|
| LYNX | ||
| Market (SPY) | 10.8% | -9.8% |
| Sector (XLI) | -3.4% | -18.2% |
Fundamental Drivers
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Market Drivers
8/31/2025 to 9/10/2026| Return | Correlation | |
|---|---|---|
| LYNX | ||
| Market (SPY) | 18.5% | -9.8% |
| Sector (XLI) | 13.4% | -18.2% |
Fundamental Drivers
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Market Drivers
8/31/2023 to 9/10/2026| Return | Correlation | |
|---|---|---|
| LYNX | ||
| Market (SPY) | 74.2% | -9.8% |
| Sector (XLI) | 64.1% | -18.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| LYNX Return | - | - | - | - | - | -15% | -15% |
| Peers Return | 23% | 25% | -4% | 12% | 32% | 1% | 118% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 103% |
Monthly Win Rates [3] | |||||||
| LYNX Win Rate | - | - | - | - | - | 0% | |
| Peers Win Rate | 58% | 57% | 45% | 62% | 63% | 44% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| LYNX Max Drawdown | - | - | - | - | - | - | |
| Peers Max Drawdown | -14% | -18% | -23% | -17% | -15% | -26% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: LHX, NOC, RTX, LMT, GD.
[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 9/10/2026 (YTD)
How Low Can It Go
LYNX 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.
LYNX 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 Lyntris (LYNX)
Lyntris (LYNX) is a premier defense technology company specializing in "sense-to-act" connectivity solutions for the modern, connected battlespace. The company's core mission is to empower U.S. and allied nation warfighters by enabling them to detect threats earlier, decide faster, and act with precision across contested, multi-domain environments including space, air, land, and sea. Lyntris leverages its vertically integrated physics-to-software capabilities to deliver critical technology that underpins enduring national security priorities.
Lyntris provides a mutually enabling set of interconnected subsystems, proprietary hardware, and software platforms. Their offerings are structured around three complementary capability sets: Sensor Architecture, which involves engineering sensor behavior and embedded software for fusion-ready data; Sensor Hardware, focusing on the design and production of proprietary sensor subsystems and antenna systems with full-spectrum radio frequency capabilities; and Data & Software, providing proprietary platforms to ingest, fuse, and visualize data for command-and-control and mission execution.
The company serves a diverse customer base primarily consisting of the U.S. Department of Defense and allied nation military customers, having supported over 200 programs in 2025. Lyntris’s solutions are critical to high-growth missions such as Maritime Domain Awareness, Air & Missile Defense, and Space Intelligence, Surveillance, Reconnaissance (ISR) & Resilient Communications. Furthermore, Lyntris employs a strategic "buy, build, and integrate" acquisition strategy to complement organic growth, expanding its technological capabilities and integrated solution offerings.
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Here are 1-2 brief analogies for Lyntris (LYNX):
- A specialized L3Harris Technologies, focused on advanced 'sense-to-act' sensor and data solutions for defense.
- The 'Apple' for military sensor and data systems, building both proprietary hardware and software for critical defense applications.
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- Sensor Architecture: Engineering services focused on sensor behavior from data capture to output, including embedded software, waveform optimization, and data translation for fusion-ready systems.
- Sensor Hardware: Design and production of proprietary sensor subsystems and antenna systems offering full-spectrum radio frequency capabilities for defense missions.
- Data & Software: Proprietary software platforms that ingest, fuse, and visualize data to support command-and-control, mission execution, readiness, autonomy, and sustained operations.
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Lyntris (LYNX) primarily sells its "sense-to-act" connectivity solutions to governmental defense organizations.
Its major customers are the U.S. Department of War (DoW) and allied nation military customers. The company supports U.S. and allied nation programs to enable warfighters to detect threats, decide faster, and act with precision.
Lyntris does not primarily sell to other companies (in the sense of corporate entities) or to individuals.
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Brian Morrison, Chief Executive Officer
Brian Morrison became the Chief Executive Officer of Lyntris on May 7, 2026. Before joining Lyntris, he held executive leadership roles at AeroVironment, BlueHalo, and General Dynamics, leading highly technical, mission-critical businesses. Prior to his career in industry, Morrison served in government as Deputy Assistant Secretary of Defense, Deputy Staff Director and General Counsel for the House Permanent Select Committee on Intelligence, and assistant general counsel at the Central Intelligence Agency. He was also the CEO of Accelint, one of the two businesses that combined to form Lyntris, and Accelint was a portfolio company of the private equity firm Trive Capital.
Tim Paulin, Chief Financial Officer
Tim Paulin serves as Lyntris' Chief Financial Officer, bringing over 15 years of financial leadership experience in defense technology, investment banking, and enterprise operations. He previously held the CFO position at Hypergiant, which is now part of Lyntris, where he was instrumental in guiding the company through rapid growth and operational scaling. Paulin also held finance leadership roles at Subspace and Global Music Rights and started his career in M&A investment banking. Hypergiant was part of Accelint, which was a portfolio company of Trive Capital, indicating a pattern of managing companies backed by private equity firms.
Matthew Alty, President
Matthew Alty is the President of Lyntris, where he works alongside the CEO to direct the company's strategic vision, operational execution, and integration efforts across its various businesses. Before the formation of Lyntris, Alty served as Chief Executive Officer of Vitesse Systems. During his tenure at Vitesse, he led its transformation into a leading provider of defense technologies, including antenna, thermal management, and precision machining, overseeing multiple strategic acquisitions that expanded the company's manufacturing footprint and drove growth. Prior to Vitesse, Alty was Chief Operating Officer of Valence Surface Technologies, where he integrated nine acquisitions, and he also served as Vice President at Bodycote PLC. Vitesse Systems was a portfolio company of Trive Capital, demonstrating his experience with private equity-backed companies.
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Key Risks to Lyntris (LYNX)
- Heavy Dependence on Government Contracts and Defense Spending: Lyntris' business is overwhelmingly reliant on contracts with the U.S. Department of Defense and allied nations. For instance, approximately 97% of its revenue in 2025 and 100% in 2024 was derived from U.S. government contracts. This exposes the company to significant risks associated with changes in government defense budgets, spending priorities, appropriations, and complex procurement cycles, which could lead to contract delays or terminations.
- Risks Associated with Acquisition Strategy and Integration: Lyntris has pursued an aggressive, thesis-driven acquisition strategy, completing 12 complementary acquisitions since 2018, and plans to continue this approach. This strategy, while aimed at growth, creates ongoing integration risks related to combining acquired technologies, operations, and personnel. Failure to effectively integrate acquired businesses could hinder its ability to realize anticipated synergies and may lead to operational inefficiencies.
- Intense Competition and the Need for Continuous Technological Innovation: Operating in the defense technology sector, Lyntris faces significant competition from larger, established defense prime contractors and other specialized firms. The company must continuously innovate its "sense-to-act" connectivity solutions, including sensor architecture, hardware, and data & software, to maintain its competitive edge and adapt to evolving threats and technological advancements. Failure to keep pace with technological changes or effectively compete could impact its market position and ability to secure new programs.
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Lyntris (LYNX) is expected to drive future revenue growth over the next 2-3 years through several key strategies:
Expansion within High-Growth Core Missions: Lyntris's solutions are strategically deployed across three high-growth core missions: Maritime Domain Awareness; Air & Missile Defense; and Space Intelligence, Surveillance, Reconnaissance (“ISR”) & Resilient Communications. Growth in these critical areas is anticipated to contribute significantly to future revenue.
Continued Strategic Acquisitions: The company has a demonstrated "buy, build and integrate" acquisition strategy, having completed 12 complementary acquisitions since 2018. Lyntris maintains a robust pipeline of acquisition opportunities aimed at supplementing organic growth by adding technologies and capabilities aligned with customer demand and its engineering-led culture.
Accelerating Customer Demand for Integrated Solutions: Lyntris is positioned to capitalize on accelerating customer demand for integrated "sense-to-act" connectivity solutions. Their mutually enabling set of interconnected subsystems provides critical technology for DoW and allied nation military customers, enabling earlier threat detection, faster decision-making, and precise action.
Leveraging Differentiated Technology and Proprietary Intellectual Property: The company believes its vertically integrated physics-to-software capabilities, differentiated technology, proprietary intellectual property, and over 40 years of heritage create a difficult-to-replicate position as a merchant supplier across mission-critical Sensor Architecture, Sensor Hardware, and Data & Software. These unique offerings are expected to drive demand and secure new business.
Organic Growth within Existing and New Programs: Lyntris explicitly states its business approach combines strong organic growth with its acquisition strategy. With support for over 200 DoW and allied nation programs in 2025, the company has a broad base for organic expansion and is expected to grow by expanding within these programs and securing new ones.
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Share Repurchases
- Lyntris has not made any share repurchases as of June 2026.
Share Issuance
- Lyntris priced its Initial Public Offering (IPO) at $17.50 per share on August 18, 2026.
- The company offered 5.71 million shares as part of the IPO, contributing to the total of $297.5 million raised.
- Approximately $60 million from the IPO proceeds is designated for debt repayment.
Inbound Investments
- Trive Capital obtained control of Accelint on November 9, 2022, through the acquisition of a majority of its outstanding equity interests.
- Lyntris was formed in 2026 by Trive Capital through the combination of Accelint and Vitesse, both previously portfolio companies of Trive Capital.
Outbound Investments
- Lyntris has completed 12 complementary acquisitions since 2018 as part of its growth strategy.
- For the six months ended June 2026, Lyntris spent $6.33 million on purchasing businesses.
Capital Expenditures
- Lyntris incurred $5.67 million in capital expenditures for purchasing property, plant, and equipment during the six months ended June 2026.
Peer Outperformance in Aerospace & Defense
null| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Construction & Engineering | 31 | 6.7% | 106.6% | 186.1% | CDNL 2524% · FIX 2164% · STRL 2119% |
| Marine Transportation | 5 | 71.5% | 63.4% | 169.6% | HOS 47268% · MATX 180% · KEX 170% |
| Construction Machinery & Heavy Transportation Equipment | 13 | 9.8% | 60.5% | 118.8% | CAT 328% · ALSN 281% · WAB 223% |
| Aerospace & Defense ← | 55 | -2.4% | 55.8% | 73.2% | ATI 1049% · FTAI 890% · HWM 641% |
| Passenger Ground Transportation | 3 | -20.8% | 32.6% | 54.0% | UBER 82% · CAR 54% · LYFT -70% |
| Rail Transportation | 7 | 34.2% | 69.5% | 45.3% | FSTR 140% · CSX 70% · UNP 54% |
| Trading Companies & Distributors | 19 | 2.8% | 34.1% | 38.5% | DXPE 563% · AIT 286% · WCC 214% |
| Industrial Machinery & Supplies & Components | 71 | 4.4% | 44.2% | 35.8% | CRS 1402% · PSIX 946% · GHM 595% |
| Cargo Ground Transportation | 16 | 39.9% | 3.6% | 34.1% | XPO 256% · R 249% · CVLG 230% |
| Diversified Support Services | 33 | 9.3% | 25.8% | 27.6% | LIME 3705% · TH 395% · WLFC 371% |
| Electrical Components & Equipment | 41 | 14.2% | 53.1% | 19.9% | POWL 2198% · BE 1218% · VRT 916% |
| Building Products | 33 | -11.6% | -1.2% | 11.8% | LMB 580% · GFF 397% · PPIH 297% |
| Agricultural & Farm Machinery | 17 | 14.7% | -0.7% | -6.3% | BLBD 222% · DE 99% · GENC 58% |
| Industrial Conglomerates | 17 | 8.0% | 11.8% | -6.6% | RCMT 548% · CSW 130% · CSL 75% |
| Environmental & Facilities Services | 29 | -11.4% | 23.5% | -10.9% | CECO 996% · ADUR 387% · NVRI 365% |
| Research & Consulting Services | 13 | -10.0% | -23.6% | -11.5% | HURN 204% · CRAI 92% · GRNQ 65% |
| Data Processing & Outsourced Services | 6 | -32.6% | -15.0% | -26.0% | EXLS 42% · BR 9% · G -26% |
| Passenger Airlines | 11 | -0.4% | -4.8% | -28.5% | LTM 3259% · UAL 140% · SKYW 121% |
| Office Services & Supplies | 9 | 8.3% | 26.9% | -33.0% | PBI 195% · TILE 142% · HNI 53% |
| Human Resource & Employment Services | 22 | 5.3% | -22.2% | -38.2% | BBSI 82% · ADP 47% · PAYX 22% |
| Security & Alarm Services | 10 | -33.0% | 5.7% | -38.5% | CIX 142% · MG 111% · NL 72% |
| Air Freight & Logistics | 12 | -9.8% | -25.0% | -39.5% | CHRW 94% · FDX 66% · EXPD 59% |
| Airport Services | 3 | -69.9% | -80.2% | -58.7% | JOBY -32% · ASLE -59% · UP -100% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 301.31 |
| Mkt Cap | 95.7 |
| Rev LTM | 54,861 |
| Op Inc LTM | 5,663 |
| FCF LTM | 6,447 |
| FCF 3Y Avg | 4,246 |
| CFO LTM | 7,705 |
| CFO 3Y Avg | 5,261 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.3% |
| Rev Chg 3Y Avg | 8.6% |
| Rev Chg Q | 8.4% |
| QoQ Delta Rev Chg LTM | 2.0% |
| Op Inc Chg LTM | 15.6% |
| Op Inc Chg 3Y Avg | 10.3% |
| Op Mgn LTM | 10.7% |
| Op Mgn 3Y Avg | 9.9% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 14.0% |
| CFO/Rev 3Y Avg | 11.0% |
| FCF/Rev LTM | 11.7% |
| FCF/Rev 3Y Avg | 8.6% |
Price Behavior
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.93 | 1.44 | 1.55 | 1.23 | -1.41 | 2.07 |
| Up Beta | -5.61 | -4.33 | 2.37 | -0.14 | -6.51 | -1.52 |
| Down Beta | 2.53 | 7.31 | 4.52 | -3.35 | -4.52 | 3.09 |
| Up Capture | -72% | -35% | -20% | -8% | -3% | -0% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 3 | 3 | 3 | 3 | 3 | 3 |
| Down Capture | 137% | 53% | 28% | 16% | 10% | 6% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 5 | 5 | 5 | 5 | 5 | 5 |
[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 LYNX | |
|---|---|---|---|---|
| LYNX | -17.5% | 51.8% | -6.04 | - |
| Sector ETF (XLI) | 14.8% | 17.2% | 0.63 | -18.2% |
| Equity (SPY) | 17.6% | 12.8% | 0.99 | -9.8% |
| Gold (GLD) | 18.7% | 29.2% | 0.59 | -14.0% |
| Commodities (DBC) | 47.9% | 20.4% | 1.81 | 65.7% |
| Real Estate (VNQ) | 6.6% | 13.6% | 0.22 | 1.6% |
| Bitcoin (BTCUSD) | -29.9% | 43.8% | -0.68 | 32.6% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LYNX | |
|---|---|---|---|---|
| LYNX | -3.8% | 51.8% | -6.04 | - |
| Sector ETF (XLI) | 12.0% | 17.6% | 0.52 | -18.2% |
| Equity (SPY) | 12.4% | 17.2% | 0.55 | -9.8% |
| Gold (GLD) | 18.5% | 18.8% | 0.80 | -14.0% |
| Commodities (DBC) | 11.5% | 19.5% | 0.46 | 65.7% |
| Real Estate (VNQ) | 0.7% | 18.9% | -0.07 | 1.6% |
| Bitcoin (BTCUSD) | 9.9% | 52.6% | 0.37 | 32.6% |
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 LYNX | |
|---|---|---|---|---|
| LYNX | -1.9% | 51.8% | -6.04 | - |
| Sector ETF (XLI) | 13.1% | 20.1% | 0.57 | -18.2% |
| Equity (SPY) | 15.1% | 17.9% | 0.71 | -9.8% |
| Gold (GLD) | 12.2% | 16.3% | 0.61 | -14.0% |
| Commodities (DBC) | 8.4% | 18.1% | 0.38 | 65.7% |
| Real Estate (VNQ) | 4.6% | 20.7% | 0.19 | 1.6% |
| Bitcoin (BTCUSD) | 63.4% | 66.2% | 1.03 | 32.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/23/2026 | S-1 |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/23/2026 | S-1 |
Insider Activity
Updated 8/24/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Trive, Capital Holdings Llc | See Footnote | Sell | 8242026 | 17.50 | 8,333,333 | 145,833,328 | 209,414,520 | Form | |
| 2 | Alty, Matthew | President | Direct | Sell | 8212026 | 16.45 | 238,583 | 3,924,690 | 29,435,252 | Form |
| 3 | Raduenz, Brian | See footnote | Sell | 8212026 | 16.45 | 98,445 | 1,619,420 | 2,914,989 | Form | |
| 4 | Paulin, Tim | Chief Financial Officer | Direct | Sell | 8212026 | 16.45 | 55,169 | 907,530 | 8,167,836 | Form |
| 5 | Morrison, Brian | Chief Executive Officer | Direct | Sell | 8212026 | 16.45 | 186,752 | 3,072,070 | 21,170,870 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Trive, Capital Holdings Llc | See Footnote | Sell | 8242026 | 17.50 | 8,333,333 | 145,833,328 | 209,414,520 | Form | |
| 2 | Alty, Matthew | President | Direct | Sell | 8212026 | 16.45 | 238,583 | 3,924,690 | 29,435,252 | Form |
| 3 | Raduenz, Brian | See footnote | Sell | 8212026 | 16.45 | 98,445 | 1,619,420 | 2,914,989 | Form | |
| 4 | Paulin, Tim | Chief Financial Officer | Direct | Sell | 8212026 | 16.45 | 55,169 | 907,530 | 8,167,836 | Form |
| 5 | Morrison, Brian | Chief Executive Officer | Direct | Sell | 8212026 | 16.45 | 186,752 | 3,072,070 | 21,170,870 | Form |
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Aerospace & Defense Resources |
| Defense News |
| FlightGlobal |
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.