MV Oil Trust (MVO)
Market Price (6/23/2026): $1.42 | Market Cap: $16.3 MilSector: Energy | Industry: Oil & Gas Exploration & Production
MV Oil Trust (MVO)
Market Price (6/23/2026): $1.42Market Cap: $16.3 MilSector: EnergyIndustry: Oil & Gas Exploration & Production
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 56%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 52% Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 91% Megatrend and thematic driversMegatrends include US Energy Independence. Themes include US Oilfield Technologies. | Weak multi-year price returns2Y Excs Rtn is -115%, 3Y Excs Rtn is -152% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -37%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -27%, Rev Chg QQuarterly Revenue Change % is -39% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -15%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -15% High stock price volatilityVol 12M is 131% Key risksMVO key risks include [1] the trust's imminent termination scheduled for mid-2026 and [2] declining production volumes and rising operational costs from its underlying properties. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 56%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 52% |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 91% |
| Megatrend and thematic driversMegatrends include US Energy Independence. Themes include US Oilfield Technologies. |
| Weak multi-year price returns2Y Excs Rtn is -115%, 3Y Excs Rtn is -152% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -37%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -27%, Rev Chg QQuarterly Revenue Change % is -39% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -15%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -15% |
| High stock price volatilityVol 12M is 131% |
| Key risksMVO key risks include [1] the trust's imminent termination scheduled for mid-2026 and [2] declining production volumes and rising operational costs from its underlying properties. |
Qualitative Assessment
AI Analysis | Feedback
MV Oil Trust (MVO) stock has lost about 25% since 2/28/2026 because of the following key factors:
1. Imminent Trust Termination and Unit Cancellation. The most significant factor contributing to MV Oil Trust's stock decline is the scheduled termination of the Trust's net profits interest on June 30, 2026, because the minimum production amount of 14.4 MMBoe (equivalent to 11.5 MMBoe for the Trust's interest) has been met. This event is expected to lead to a final cash distribution around July 24, 2026, after which the Trust units are anticipated to be canceled, causing the market price to decline to zero. This predefined expiration date creates a clear valuation ceiling and removes any long-term investment appeal.
2. Declining Quarterly Distributions. Investor sentiment for MV Oil Trust, which primarily distributes net profits from oil and gas properties, has been negatively impacted by a trend of decreasing distributions. For the fiscal first quarter ended March 31, 2026, the Trust announced a distribution of $0.170 per unit, payable on April 24, 2026. This represents a decrease compared to prior periods, such as the $0.140 per unit distributed for the fiscal fourth quarter ended December 31, 2025. This decline in distributable income has been a noticeable trend since early 2024, with recent payouts being the lowest since fiscal Q1 2021.
Show more
MV Oil Trust (MVO) stock has lost about 25% since 2/28/2026 because of the following key factors:
1. Imminent Trust Termination and Unit Cancellation. The most significant factor contributing to MV Oil Trust's stock decline is the scheduled termination of the Trust's net profits interest on June 30, 2026, because the minimum production amount of 14.4 MMBoe (equivalent to 11.5 MMBoe for the Trust's interest) has been met. This event is expected to lead to a final cash distribution around July 24, 2026, after which the Trust units are anticipated to be canceled, causing the market price to decline to zero. This predefined expiration date creates a clear valuation ceiling and removes any long-term investment appeal.
2. Declining Quarterly Distributions. Investor sentiment for MV Oil Trust, which primarily distributes net profits from oil and gas properties, has been negatively impacted by a trend of decreasing distributions. For the fiscal first quarter ended March 31, 2026, the Trust announced a distribution of $0.170 per unit, payable on April 24, 2026. This represents a decrease compared to prior periods, such as the $0.140 per unit distributed for the fiscal fourth quarter ended December 31, 2025. This decline in distributable income has been a noticeable trend since early 2024, with recent payouts being the lowest since fiscal Q1 2021.
3. Weakening Crude Oil Prices. A broader macroeconomic headwind for the oil trust was the decline in crude oil prices during the period. Brent crude oil prices fell to a three-month low, reaching approximately $82-$83 per barrel around June 15, 2026, a notable drop from about $93 per barrel just two days prior. This decline, partly driven by hopes of a US-Iran peace deal that could increase global oil supply, led to crude oil prices falling by 27.64% over the month leading up to June 17, 2026. This downward pressure on the commodity directly reduces the net profits available for distribution by the Trust.
Show less
Stock Movement Drivers
Fundamental Drivers
The -26.6% change in MVO stock from 2/28/2026 to 6/22/2026 was primarily driven by a -20.6% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 2282026 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.96 | 1.44 | -26.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 13 | 10 | -20.6% |
| Net Income Margin (%) | 92.7% | 91.2% | -1.6% |
| P/E Multiple | 1.9 | 1.8 | -6.0% |
| Shares Outstanding (Mil) | 12 | 12 | 0.0% |
| Cumulative Contribution | -26.6% |
Market Drivers
2/28/2026 to 6/22/2026| Return | Correlation | |
|---|---|---|
| MVO | -26.6% | |
| Market (SPY) | 8.8% | -11.2% |
| Sector (XLE) | -2.7% | 19.9% |
Fundamental Drivers
The 48.8% change in MVO stock from 11/30/2025 to 6/22/2026 was primarily driven by a 90.4% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.97 | 1.44 | 48.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 13 | 10 | -20.6% |
| Net Income Margin (%) | 92.7% | 91.2% | -1.6% |
| P/E Multiple | 0.9 | 1.8 | 90.4% |
| Shares Outstanding (Mil) | 12 | 12 | 0.0% |
| Cumulative Contribution | 48.8% |
Market Drivers
11/30/2025 to 6/22/2026| Return | Correlation | |
|---|---|---|
| MVO | 48.8% | |
| Market (SPY) | 9.5% | -3.1% |
| Sector (XLE) | 21.3% | 15.0% |
Fundamental Drivers
The -70.1% change in MVO stock from 5/31/2025 to 6/22/2026 was primarily driven by a -51.3% change in the company's P/E Multiple.| (LTM values as of) | 5312025 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.81 | 1.44 | -70.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 16 | 10 | -36.6% |
| Net Income Margin (%) | 94.1% | 91.2% | -3.1% |
| P/E Multiple | 3.7 | 1.8 | -51.3% |
| Shares Outstanding (Mil) | 12 | 12 | 0.0% |
| Cumulative Contribution | -70.1% |
Market Drivers
5/31/2025 to 6/22/2026| Return | Correlation | |
|---|---|---|
| MVO | -70.1% | |
| Market (SPY) | 27.7% | 5.8% |
| Sector (XLE) | 36.9% | 16.2% |
Fundamental Drivers
The -80.5% change in MVO stock from 5/31/2023 to 6/22/2026 was primarily driven by a -62.8% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 5312023 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 7.39 | 1.44 | -80.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 27 | 10 | -62.8% |
| Net Income Margin (%) | 93.5% | 91.2% | -2.5% |
| P/E Multiple | 3.3 | 1.8 | -46.3% |
| Shares Outstanding (Mil) | 12 | 12 | 0.0% |
| Cumulative Contribution | -80.5% |
Market Drivers
5/31/2023 to 6/22/2026| Return | Correlation | |
|---|---|---|
| MVO | -80.5% | |
| Market (SPY) | 85.1% | 4.9% |
| Sector (XLE) | 55.7% | 16.5% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| MVO Return | 226% | 124% | -18% | -23% | -82% | 34% | 9% |
| Peers Return | 115% | 134% | -33% | 20% | 7% | 32% | 470% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 100% |
Monthly Win Rates [3] | |||||||
| MVO Win Rate | 75% | 83% | 50% | 33% | 50% | 67% | |
| Peers Win Rate | 56% | 67% | 42% | 53% | 42% | 61% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| MVO Max Drawdown | -40% | -34% | -44% | -31% | -87% | -53% | |
| Peers Max Drawdown | -29% | -29% | -49% | -39% | -38% | -22% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: PBT, CRT, TPL.
[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 6/22/2026 (YTD)
How Low Can It Go
| Event | MVO | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -12.4% | -18.8% |
| % Gain to Breakeven | 14.2% | 23.1% |
| Time to Breakeven | 9 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -37.6% | -6.7% |
| % Gain to Breakeven | 60.3% | 7.1% |
| Time to Breakeven | 196 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -64.5% | -33.7% |
| % Gain to Breakeven | 182.1% | 50.9% |
| Time to Breakeven | 379 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -53.0% | -19.2% |
| % Gain to Breakeven | 112.6% | 23.8% |
| Time to Breakeven | 920 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -34.1% | -12.2% |
| % Gain to Breakeven | 51.8% | 13.9% |
| Time to Breakeven | 47 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -84.4% | -6.8% |
| % Gain to Breakeven | 539.5% | 7.3% |
| Time to Breakeven | 2233 days | 15 days |
In The Past
MV Oil Trust's stock fell -12.4% during the 2025 US Tariff Shock. Such a loss loss requires a 14.2% 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.
| Event | MVO | S&P 500 |
|---|---|---|
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -37.6% | -6.7% |
| % Gain to Breakeven | 60.3% | 7.1% |
| Time to Breakeven | 196 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -64.5% | -33.7% |
| % Gain to Breakeven | 182.1% | 50.9% |
| Time to Breakeven | 379 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -53.0% | -19.2% |
| % Gain to Breakeven | 112.6% | 23.8% |
| Time to Breakeven | 920 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -34.1% | -12.2% |
| % Gain to Breakeven | 51.8% | 13.9% |
| Time to Breakeven | 47 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -84.4% | -6.8% |
| % Gain to Breakeven | 539.5% | 7.3% |
| Time to Breakeven | 2233 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -23.4% | -17.9% |
| % Gain to Breakeven | 30.5% | 21.8% |
| Time to Breakeven | 155 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -69.3% | -53.4% |
| % Gain to Breakeven | 225.3% | 114.4% |
| Time to Breakeven | 369 days | 1085 days |
In The Past
MV Oil Trust's stock fell -12.4% during the 2025 US Tariff Shock. Such a loss loss requires a 14.2% 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 MV Oil Trust (MVO)
MV Oil Trust (MVO) operates as a royalty trust, meaning its core business involves acquiring and holding "net profits interests" in oil and natural gas properties. Rather than directly engaging in exploration, drilling, or production, the Trust owns the rights to a share of the net profits generated from the sale of oil and natural gas produced by MV Partners, LLC. This structure allows investors to participate in the financial returns of energy production without the operational complexities.
The Trust's "product" or service is the distribution of income to its unitholders, derived from these net profits interests. Its financial performance is directly dependent on the volume of crude oil and natural gas produced from the underlying wells and the prevailing market prices for these commodities. The properties contributing to these profits consist of approximately 860 producing oil and gas wells located in the Mid-Continent region of the United States, specifically in Kansas and Colorado.
MVO's primary market consists of its investors and unitholders who seek exposure to the energy sector through a passive income stream. The underlying oil and natural gas extracted from its properties are sold into the regional and national energy markets, contributing to the Trust's distributable income. The Trust was incorporated in 2006 and is headquartered in Houston, Texas, with its operational assets concentrated in the U.S. Mid-Continent.
AI Analysis | Feedback
Here are 3 brief analogies for MV Oil Trust (MVO):
- Like a real estate investment trust (REIT) such as Realty Income (O), but instead of property rent, MVO collects a share of profits from existing oil and natural gas wells.
- Imagine a music publishing company like Warner Music Group (WMG) collecting royalties on existing songs, but MVO collects profits from a share of oil and gas production.
- Similar to Franco-Nevada (FNV), which invests in royalties and streams from mining operations, MVO invests in 'net profits interests' from existing oil and gas wells.
AI Analysis | Feedback
- Net Profits Interests: The trust's primary holding consists of financial interests that entitle it to a share of the net profits generated from specified oil and natural gas properties.
AI Analysis | Feedback
MV Oil Trust (MVO) is structured as a royalty trust that acquires and holds net profits interests in the oil and natural gas properties operated by MV Partners, LLC. As such, MVO does not engage in the direct sale of oil and natural gas products or services to external customers.
Instead, its revenue is derived from the net profits generated by the underlying oil and gas properties, which are managed and operated by MV Partners, LLC. MV Partners, LLC, a private entity, is responsible for the actual production and sale of oil and natural gas to its own customers (typically refiners, pipelines, or other energy purchasers). MV Oil Trust's role is to collect its share of these net profits and distribute them to its unitholders.
Therefore, MV Oil Trust does not have major customers in the traditional sense of selling goods or services.
AI Analysis | Feedback
AI Analysis | Feedback
AI Analysis | Feedback
AI Analysis | Feedback
AI Analysis | Feedback
MV Oil Trust (MVO) acquires and holds net profits interests in oil and natural gas properties located in the Mid-Continent region of the United States, specifically in the states of Kansas and Colorado. Therefore, the addressable market for their main products and services is essentially the value of oil and natural gas production within these two states.
- For **Kansas**, the oil and gas industry generated over $2.3 billion in output in 2023.
- For **Colorado**, the total estimated value of oil and natural gas production was approximately $18.05 billion in 2021.
AI Analysis | Feedback
Expected Drivers of Future Revenue Growth for MV Oil Trust (MVO)
For MV Oil Trust (MVO), a company holding net profits interests in oil and natural gas properties, the conventional concept of "future revenue growth" is significantly impacted by its scheduled termination on June 30, 2026. Therefore, the identified drivers primarily influence the magnitude of revenue generated during the Trust's remaining operational period.
- Oil and Natural Gas Commodity Prices: MV Oil Trust's revenue is directly tied to the prevailing market prices for oil and natural gas. As the Trust derives its income from the sale of production from its underlying properties, higher commodity prices would result in increased net proceeds and, consequently, greater revenue for the Trust until its termination.
- Production Volumes from Underlying Properties: The Trust's revenue stream is based on 80% of the net proceeds from the sale of production from approximately 860 oil and gas wells located in Kansas and Colorado. The actual volume of oil and natural gas produced from these properties during its remaining operational life, until June 30, 2026, will directly affect the total revenue generated.
- Operating Costs of MV Partners, LLC: Given that MV Oil Trust holds "net profits interests," the operational costs and expenses incurred by MV Partners, LLC in producing the oil and natural gas significantly impact the net proceeds available to the Trust. Lower operating expenses would lead to higher net profits and thus a larger share of revenue for the Trust until it dissolves.
AI Analysis | Feedback
MV Oil Trust (MVO), operating as a statutory trust, primarily focuses on distributing net profits from its oil and natural gas interests rather than engaging in typical corporate capital allocation activities.
Share Repurchases
- MV Oil Trust has not undertaken any share repurchase programs over the last 3-5 years.
Share Issuance
- The number of shares outstanding for MV Oil Trust has remained consistently at approximately 0.012 billion (12 million) from 2021 through 2025, indicating no significant share issuances during this period.
Inbound Investments
- There is no information to suggest that MV Oil Trust has received large inbound investments from third-parties such as strategic partners or private equity firms.
Outbound Investments
- MV Oil Trust has not made any strategic investments in other companies.
Capital Expenditures
- As a statutory trust holding net profits interests, MV Oil Trust does not directly incur capital expenditures related to the oil and natural gas properties. Any operational capital expenditures for the underlying properties are managed by MV Partners, LLC before calculating the net profits distributed to the Trust.
- Quarterly distribution announcements from MV Oil Trust consistently show "MV Partners reserve for capital expenditures" as zero, indicating no capital expenditure outlays by the Trust.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| MV Oil Trust Earnings Notes | 12/16/2025 | |
| MV Oil Trust Stock 7-Day Losing Spree: Stock Falls -77% | 11/21/2025 | |
| MV Oil Trust Stock Slides -71% With A 6-Day Losing Spree | 11/20/2025 | |
| 5-Day Sell-Off Sends MV Oil Trust Stock Down -63% | 11/19/2025 | |
| Is MV Oil Trust 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 | 8.55 |
| Mkt Cap | 0.1 |
| Rev LTM | 10 |
| Op Inc LTM | 9 |
| FCF LTM | 21 |
| FCF 3Y Avg | 172 |
| CFO LTM | 275 |
| CFO 3Y Avg | 501 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -34.2% |
| Rev Chg 3Y Avg | -27.4% |
| Rev Chg Q | -38.6% |
| QoQ Delta Rev Chg LTM | -10.2% |
| Op Inc Chg LTM | -38.5% |
| Op Inc Chg 3Y Avg | -27.9% |
| Op Mgn LTM | 74.4% |
| Op Mgn 3Y Avg | 83.1% |
| QoQ Delta Op Mgn LTM | -0.8% |
| CFO/Rev LTM | 25.5% |
| CFO/Rev 3Y Avg | 67.6% |
| FCF/Rev LTM | -4.8% |
| FCF/Rev 3Y Avg | 25.4% |
Price Behavior
| Market Price | $1.44 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 01/19/2007 | |
| Distance from 52W High | -72.8% | |
| 50 Days | 200 Days | |
| DMA Price | $2.10 | $2.54 |
| DMA Trend | down | down |
| Distance from DMA | -31.3% | -43.3% |
| 3M | 1YR | |
| Volatility | 93.3% | 131.1% |
| Downside Capture | -15.50 | 265.59 |
| Upside Capture | -136.87 | 53.64 |
| Correlation (SPY) | -8.2% | 5.4% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -1.50 | -2.51 | -1.87 | -0.87 | 0.45 | 0.22 |
| Up Beta | -4.33 | -3.05 | -4.59 | -6.27 | -3.35 | -0.37 |
| Down Beta | -0.39 | 2.73 | -0.45 | 0.11 | 1.77 | 0.46 |
| Up Capture | -249% | -139% | -76% | 209% | 57% | 5% |
| Bmk +ve Days | 13 | 28 | 36 | 67 | 141 | 432 |
| Stock +ve Days | 7 | 19 | 27 | 56 | 117 | 362 |
| Down Capture | 235% | -580% | -164% | 30% | 176% | 97% |
| Bmk -ve Days | 7 | 13 | 27 | 57 | 109 | 318 |
| Stock -ve Days | 11 | 20 | 32 | 60 | 120 | 366 |
[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 MVO | |
|---|---|---|---|---|
| MVO | -71.1% | 130.7% | -0.32 | - |
| Sector ETF (XLE) | 26.8% | 20.9% | 1.04 | 16.2% |
| Equity (SPY) | 26.1% | 12.4% | 1.59 | 5.6% |
| Gold (GLD) | 24.1% | 27.5% | 0.77 | -3.6% |
| Commodities (DBC) | 18.5% | 18.8% | 0.77 | 16.3% |
| Real Estate (VNQ) | 11.8% | 13.8% | 0.57 | 2.9% |
| Bitcoin (BTCUSD) | -40.2% | 42.5% | -1.09 | 10.4% |
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 MVO | |
|---|---|---|---|---|
| MVO | -15.3% | 73.8% | 0.10 | - |
| Sector ETF (XLE) | 18.7% | 26.1% | 0.65 | 31.1% |
| Equity (SPY) | 13.4% | 17.1% | 0.61 | 9.3% |
| Gold (GLD) | 17.1% | 18.3% | 0.76 | 3.5% |
| Commodities (DBC) | 7.5% | 19.4% | 0.28 | 28.3% |
| Real Estate (VNQ) | 2.1% | 18.9% | 0.01 | 4.6% |
| Bitcoin (BTCUSD) | 9.4% | 54.1% | 0.37 | 4.6% |
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 MVO | |
|---|---|---|---|---|
| MVO | -0.0% | 67.5% | 0.30 | - |
| Sector ETF (XLE) | 9.2% | 29.6% | 0.35 | 37.1% |
| Equity (SPY) | 15.4% | 18.0% | 0.73 | 18.5% |
| Gold (GLD) | 12.2% | 16.1% | 0.62 | 2.4% |
| Commodities (DBC) | 6.0% | 18.0% | 0.26 | 32.4% |
| Real Estate (VNQ) | 5.4% | 20.7% | 0.23 | 15.7% |
| Bitcoin (BTCUSD) | 59.9% | 66.8% | 1.00 | 1.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/2/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 4/2/2026 | 4.8% | 19.6% | 10.2% |
| 1/6/2026 | -17.9% | 79.1% | 19.5% |
| 10/3/2025 | 1.9% | -0.7% | -16.0% |
| 7/3/2025 | 2.3% | 4.2% | 1.5% |
| 4/4/2025 | 6.9% | 19.5% | 13.6% |
| 1/6/2025 | -0.7% | 2.6% | -37.9% |
| 10/4/2024 | 2.1% | 3.8% | -5.0% |
| 7/5/2024 | 2.2% | 6.1% | 0.1% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 15 | 14 | 11 |
| # Negative | 8 | 9 | 12 |
| Median Positive | 3.4% | 10.1% | 10.2% |
| Median Negative | -2.8% | -1.4% | -9.1% |
| Max Positive | 17.5% | 79.1% | 27.0% |
| Max Negative | -17.9% | -31.1% | -37.9% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 4/2/2026 | 4.8% | 19.6% | 10.2% |
| 1/6/2026 | -17.9% | 79.1% | 19.5% |
| 10/3/2025 | 1.9% | -0.7% | -16.0% |
| 7/3/2025 | 2.3% | 4.2% | 1.5% |
| 4/4/2025 | 6.9% | 19.5% | 13.6% |
| 1/6/2025 | -0.7% | 2.6% | -37.9% |
| 10/4/2024 | 2.1% | 3.8% | -5.0% |
| 7/5/2024 | 2.2% | 6.1% | 0.1% |
| 4/5/2024 | -2.5% | -9.3% | -8.8% |
| 1/5/2024 | 3.4% | -0.8% | 0.5% |
| 10/5/2023 | 6.3% | 3.7% | -1.6% |
| 7/5/2023 | -1.8% | -1.4% | -8.5% |
| 4/5/2023 | 0.1% | -0.3% | -17.8% |
| 1/5/2023 | -6.4% | 0.0% | -12.7% |
| 10/5/2022 | 3.2% | -3.2% | -1.6% |
| 7/5/2022 | 3.4% | 7.2% | 1.7% |
| 4/5/2022 | -3.1% | -3.1% | -9.3% |
| 1/4/2022 | 4.2% | 13.0% | 10.1% |
| 10/5/2021 | -0.6% | -1.3% | -2.9% |
| 4/5/2021 | 16.6% | 25.1% | 27.0% |
| 1/5/2021 | 0.9% | 32.1% | 19.0% |
| 10/5/2020 | 17.5% | 35.3% | 16.4% |
| 7/6/2020 | -14.3% | -31.1% | -17.3% |
| SUMMARY STATS | |||
| # Positive | 15 | 14 | 11 |
| # Negative | 8 | 9 | 12 |
| Median Positive | 3.4% | 10.1% | 10.2% |
| Median Negative | -2.8% | -1.4% | -9.1% |
| Max Positive | 17.5% | 79.1% | 27.0% |
| Max Negative | -17.9% | -31.1% | -37.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/13/2026 | 10-Q |
| 12/31/2025 | 03/24/2026 | 10-K |
| 09/30/2025 | 11/10/2025 | 10-Q |
| 06/30/2025 | 08/12/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 03/20/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 03/20/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/11/2023 | 10-Q |
| 12/31/2022 | 03/16/2023 | 10-K |
| 09/30/2022 | 11/10/2022 | 10-Q |
| 06/30/2022 | 08/09/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/13/2026 | 10-Q |
| 12/31/2025 | 03/24/2026 | 10-K |
| 09/30/2025 | 11/10/2025 | 10-Q |
| 06/30/2025 | 08/12/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 03/20/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 03/20/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/11/2023 | 10-Q |
| 12/31/2022 | 03/16/2023 | 10-K |
| 09/30/2022 | 11/10/2022 | 10-Q |
| 06/30/2022 | 08/09/2022 | 10-Q |
| 03/31/2022 | 05/10/2022 | 10-Q |
| 12/31/2021 | 03/17/2022 | 10-K |
| 09/30/2021 | 11/12/2021 | 10-Q |
| 06/30/2021 | 08/12/2021 | 10-Q |
| 03/31/2021 | 05/14/2021 | 10-Q |
| 12/31/2020 | 03/16/2021 | 10-K |
| 09/30/2020 | 11/09/2020 | 10-Q |
| 06/30/2020 | 08/10/2020 | 10-Q |
| 03/31/2020 | 05/11/2020 | 10-Q |
| 12/31/2019 | 03/13/2020 | 10-K |
| 09/30/2019 | 11/12/2019 | 10-Q |
| 06/30/2019 | 08/09/2019 | 10-Q |
Industry Resources
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.