Oxford Square Capital (OXSQ)
Market Price (4/23/2026): $1.88 | Market Cap: $157.6 MilSector: Financials | Industry: Asset Management & Custody Banks
Oxford Square Capital (OXSQ)
Market Price (4/23/2026): $1.88Market Cap: $157.6 MilSector: FinancialsIndustry: Asset Management & Custody Banks
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 8.0%, Dividend Yield is 20%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.9% Low stock price volatilityVol 12M is 29% Megatrend and thematic driversMegatrends include Digital & Alternative Assets. Themes include Private Credit, and Private Equity. | Weak multi-year price returns2Y Excs Rtn is -57%, 3Y Excs Rtn is -68% | Very low revenueRev LTMTotal Revenue or Sales, Last Twelve Months is -14 Mil Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 63% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -243%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -57%, Rev Chg QQuarterly Revenue Change % is -373% Key risksOXSQ key risks include [1] a high-risk portfolio concentrated in CLO equity and the software sector, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.0%, Dividend Yield is 20%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.9% |
| Low stock price volatilityVol 12M is 29% |
| Megatrend and thematic driversMegatrends include Digital & Alternative Assets. Themes include Private Credit, and Private Equity. |
| Weak multi-year price returns2Y Excs Rtn is -57%, 3Y Excs Rtn is -68% |
| Very low revenueRev LTMTotal Revenue or Sales, Last Twelve Months is -14 Mil |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 63% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -243%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -57%, Rev Chg QQuarterly Revenue Change % is -373% |
| Key risksOXSQ key risks include [1] a high-risk portfolio concentrated in CLO equity and the software sector, Show more. |
Qualitative Assessment
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Oxford Square Capital (OXSQ) stock has gained about 15% since 12/31/2025 because of the following key factors:
1. Sustained Attractive Dividend Payouts. Oxford Square Capital maintained its monthly common stock distributions of $0.035 per share for April, May, and June 2026, a declaration made on February 26, 2026. This commitment to a consistent and high dividend yield, which stood at 22.7% as of early April 2026, likely appealed to income-focused investors and provided a fundamental support for the stock price, contributing to its upward trend.
2. Strategic Capital Management and Investment Activity. In the fourth quarter of 2025, the company actively managed its portfolio by purchasing approximately $18 million in new investments, primarily consisting of first-lien, business-to-business loans. Additionally, Oxford Square Capital raised approximately $7.9 million in net proceeds through an at-the-market (ATM) offering by issuing about 4.3 million common shares during the same quarter. These actions indicate management's proactive approach to capital deployment and funding, aiming to support future income generation despite a challenging leveraged loan market.
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1. Sustained Attractive Dividend Payouts. Oxford Square Capital maintained its monthly common stock distributions of $0.035 per share for April, May, and June 2026, a declaration made on February 26, 2026. This commitment to a consistent and high dividend yield, which stood at 22.7% as of early April 2026, likely appealed to income-focused investors and provided a fundamental support for the stock price, contributing to its upward trend.
2. Strategic Capital Management and Investment Activity. In the fourth quarter of 2025, the company actively managed its portfolio by purchasing approximately $18 million in new investments, primarily consisting of first-lien, business-to-business loans. Additionally, Oxford Square Capital raised approximately $7.9 million in net proceeds through an at-the-market (ATM) offering by issuing about 4.3 million common shares during the same quarter. These actions indicate management's proactive approach to capital deployment and funding, aiming to support future income generation despite a challenging leveraged loan market.
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Stock Movement Drivers
Fundamental Drivers
The 15.2% change in OXSQ stock from 12/31/2025 to 4/22/2026 was primarily driven by a -5.4% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 12312025 | 4222026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.63 | 1.88 | 15.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2 | -14 | -885.9% |
| P/S Multiple | 71.4 | -11.1 | -115.5% |
| Shares Outstanding (Mil) | 79 | 84 | -5.4% |
| Cumulative Contribution | 15.2% |
Market Drivers
12/31/2025 to 4/22/2026| Return | Correlation | |
|---|---|---|
| OXSQ | 15.2% | |
| Market (SPY) | -5.4% | 29.6% |
| Sector (XLF) | -4.7% | 33.3% |
Fundamental Drivers
The 34.8% change in OXSQ stock from 9/30/2025 to 4/22/2026 was primarily driven by a -12.6% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 9302025 | 4222026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.39 | 1.88 | 34.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3 | -14 | -583.0% |
| P/S Multiple | 34.6 | -11.1 | -132.0% |
| Shares Outstanding (Mil) | 73 | 84 | -12.6% |
| Cumulative Contribution | 34.8% |
Market Drivers
9/30/2025 to 4/22/2026| Return | Correlation | |
|---|---|---|
| OXSQ | 34.8% | |
| Market (SPY) | -2.9% | 30.6% |
| Sector (XLF) | -2.7% | 23.2% |
Fundamental Drivers
The -10.2% change in OXSQ stock from 3/31/2025 to 4/22/2026 was primarily driven by a -243.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 3312025 | 4222026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.09 | 1.88 | -10.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 10 | -14 | -243.0% |
| P/S Multiple | 14.4 | -11.1 | -176.6% |
| Shares Outstanding (Mil) | 69 | 84 | -18.0% |
| Cumulative Contribution | -10.2% |
Market Drivers
3/31/2025 to 4/22/2026| Return | Correlation | |
|---|---|---|
| OXSQ | -10.2% | |
| Market (SPY) | 16.3% | 34.1% |
| Sector (XLF) | 5.9% | 30.4% |
Fundamental Drivers
The 4.2% change in OXSQ stock from 3/31/2023 to 4/22/2026 was primarily driven by a 901.9% change in the company's P/S Multiple.| (LTM values as of) | 3312023 | 4222026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.80 | 1.88 | 4.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | -81 | -14 | -82.5% |
| P/S Multiple | -1.1 | -11.1 | 901.9% |
| Shares Outstanding (Mil) | 50 | 84 | -40.6% |
| Cumulative Contribution | 4.2% |
Market Drivers
3/31/2023 to 4/22/2026| Return | Correlation | |
|---|---|---|
| OXSQ | 4.2% | |
| Market (SPY) | 63.3% | 30.8% |
| Sector (XLF) | 69.6% | 29.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| OXSQ Return | 47% | -14% | 11% | -2% | -13% | 15% | 37% |
| Peers Return | 18% | -13% | 10% | 1% | 11% | -13% | 9% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 3% | 88% |
Monthly Win Rates [3] | |||||||
| OXSQ Win Rate | 58% | 67% | 42% | 50% | 33% | 75% | |
| Peers Win Rate | 50% | 35% | 56% | 48% | 46% | 50% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| OXSQ Max Drawdown | 0% | -23% | -9% | -3% | -26% | -1% | |
| Peers Max Drawdown | -13% | -31% | -11% | -12% | -16% | -24% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: VRTS, SLRC, DHIL, GEG, ZSTK.
[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 4/22/2026 (YTD)
How Low Can It Go
| Event | OXSQ | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -43.4% | -25.4% |
| % Gain to Breakeven | 76.6% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -66.8% | -33.9% |
| % Gain to Breakeven | 201.5% | 51.3% |
| Time to Breakeven | Not Fully Recovered days | 148 days |
| 2018 Correction | ||
| % Loss | -33.9% | -19.8% |
| % Gain to Breakeven | 51.3% | 24.7% |
| Time to Breakeven | Not Fully Recovered days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -84.5% | -56.8% |
| % Gain to Breakeven | 547.0% | 131.3% |
| Time to Breakeven | Not Fully Recovered days | 1,480 days |
Compare to VRTS, SLRC, DHIL, GEG, ZSTK
In The Past
Oxford Square Capital's stock fell -43.4% during the 2022 Inflation Shock from a high on 6/8/2021. A -43.4% loss requires a 76.6% gain to breakeven.
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About Oxford Square Capital (OXSQ)
Oxford Square Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. It is a private equity and mezzanine firm. The firm invests in both public and private companies. It invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, common stock and syndicated bank loans. The firm primarily invests in debt and/or equity securities of technology-related companies that operate in the computer software, Internet, information technology infrastructure and services, media, telecommunications and telecommunications equipment, semiconductors, hardware, technology-enabled services, semiconductor capital equipment, medical device technology, diversified technology, and networking systems sectors. It concentrates its investments in companies having annual revenues of less than $200 million and a market capitalization or enterprise value of less than $300 million. The firm invests between $5 million and $30 million per transaction. It seeks to exit its investments within 7 years. It serves as the investment adviser to TICC. Oxford Square Capital Corp., formerly known as TICC Capital Corp., was founded in 2003 and is headquartered in Greenwich, Connecticut.
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Here are 1-2 brief analogies for Oxford Square Capital (OXSQ):
- It's like a publicly traded KKR or Blackstone, but exclusively focused on providing both debt and equity capital to smaller, emerging technology companies.
- Imagine a niche version of Goldman Sachs that focuses solely on providing a mix of loans and equity investments to promising small technology companies, and whose shares you can buy on the stock market.
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- Debt Investments: The company provides various forms of debt financing, including secured and unsecured senior debt, subordinated debt, junior subordinated debt, and syndicated bank loans, to its portfolio companies.
- Equity Investments: It invests in the ownership stakes of companies through preferred stock and common stock.
- Investment Advisory Services: The firm offers investment management and advisory expertise, specifically serving as the investment adviser to TICC.
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Oxford Square Capital (OXSQ) operates as a business development company (BDC) that provides debt and/or equity financing to other companies. Therefore, its "customers" are the companies in which it invests.
Based on the provided description, specific names of these customer companies are not listed. However, the background describes the characteristics and categories of companies that OXSQ primarily invests in:
- Companies that operate in the technology-related sectors, including:
- Computer software
- Internet
- Information technology infrastructure and services
- Media
- Telecommunications and telecommunications equipment
- Semiconductors
- Hardware
- Technology-enabled services
- Semiconductor capital equipment
- Medical device technology
- Diversified technology
- Networking systems
- Companies typically having annual revenues of less than $200 million.
- Companies with a market capitalization or enterprise value of less than $300 million.
- Both public and private companies.
OXSQ also serves as the investment adviser to TICC.
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Jonathan H. Cohen, Chief Executive OfficerMr. Cohen has served as Chief Executive Officer and Director of Oxford Square Capital Corp. since 2003. He also holds the position of CEO and Director for Oxford Lane Capital Corp. since 2010, Oxford Park Income Fund, Inc. since 2023, and Oxford Gate Management, LLC since 2018. Mr. Cohen co-founded Oxford Bridge Management in June 2010. His prior experience includes managing technology research groups at prominent firms such as Wit SoundView, Merrill Lynch & Co., UBS Securities, and Salomon Smith Barney, accumulating over 15 years of experience in technology-related equity research. Saul B. Rosenthal, President
Mr. Rosenthal has been the President of Oxford Square Capital Corp. and Oxford Square Management since 2004. He is also the President of Oxford Lane Capital Corp. and Oxford Lane Management since 2010. Furthermore, he serves as President & Director of Oxford Park Income Fund, Inc. since 2023 and President of Oxford Gate Management, LLC since 2018. Mr. Rosenthal was previously an attorney at the law firm of Shearman & Sterling LLP and served as Vice President at Wit Capital Corp. He is also the founder of Oxford Lane Management LLC, established in 2010. Bruce L. Rubin, Chief Financial Officer
Mr. Rubin has held the roles of Chief Financial Officer, Chief Accounting Officer, and Corporate Secretary of Oxford Square Capital Corp. since August 2015, having previously served as Controller from 2005 to 2015 and Treasurer since 2009. He concurrently holds the same Chief Financial Officer position at Oxford Lane Capital Corp. His extensive financial background includes serving as the former Assistant Treasurer & Director of Financial Planning of the New York Mercantile Exchange, Inc., and as a manager in financial operations for the American Stock Exchange from 1989 to 1995. Mr. Rubin began his career as an auditor in commercial banking. Kevin P. Yonon, Managing Director, Portfolio Manager
Mr. Yonon is a Managing Director and Portfolio Manager of Oxford Funds, LLC, where he has been managing the firm's loan portfolio since 2016. His prior experience includes serving as an Associate at Deutsche Bank Securities and an Analyst at Blackstone Mezzanine Partners. Before his time at Blackstone, he worked as an Analyst in the Mergers & Acquisitions group at Merrill Lynch. Vincent Gurrera, Controller and Vice President, Finance
Mr. Gurrera serves as the Controller and Vice President, Finance of Oxford Square Capital Corp., and holds the same positions at Oxford Lane Capital Corp. Previously, he was an Accountant at Ellington Management Group, LLC, a hedge fund specializing in asset-backed securities. From 2002 to 2006, Mr. Gurrera worked as a Senior Auditor at Ernst & Young LLP, where his focus included hedge funds, broker-dealers, and private equity institutions.
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Key Risks to Oxford Square Capital (OXSQ)
- Credit and Default Risk of Portfolio Companies: As a business development company, Oxford Square Capital Corp. invests in debt and equity securities of primarily smaller, technology-related companies. These companies often have limited operating histories, are more susceptible to adverse business conditions, and may have higher leverage, increasing the risk that they could default on their debt obligations or that the value of OXSQ's equity investments could decline significantly. The ability of OXSQ to generate returns is directly tied to the financial health and performance of its portfolio companies.
- Concentration Risk in the Technology Sector: Oxford Square Capital Corp. concentrates its investments in a wide array of technology-related companies. While this provides some diversification within the sector, a significant downturn, increased competition, or adverse regulatory changes specifically impacting the broader technology industry could disproportionately affect the performance and valuation of a large portion of OXSQ's investment portfolio, leading to reduced returns or losses.
- Interest Rate Risk: Given that Oxford Square Capital Corp. invests in various forms of debt, including secured and unsecured senior debt, subordinated debt, and syndicated bank loans, its profitability is exposed to fluctuations in interest rates. Rising interest rates could increase the cost of OXSQ's own borrowings (if it uses leverage), while also potentially increasing the default risk for portfolio companies that have floating-rate debt, as their debt service costs would rise. Conversely, a decline in interest rates could reduce the income generated from new debt investments or from existing floating-rate investments.
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For Oxford Square Capital (OXSQ), expected drivers of future revenue growth over the next 2-3 years include:
- Strategic Management and Growth of the Collateralized Loan Obligation (CLO) Equity and Debt Portfolio: Oxford Square Capital's revenue is highly concentrated in interest from corporate debt and distributions from its CLO equity and debt portfolio. Effective management and growth of this core portfolio are crucial for future revenue generation.
- Increased Investments in Secondary Market Leveraged Loans: The company plans to increasingly focus on investing in secondary market leveraged loans. This strategic emphasis aims to capitalize on opportunities within this specific segment of the credit market to drive revenue growth.
- Continued Capital Deployment and Opportunistic Investing: Oxford Square Capital regularly deploys capital into new investments, such as the $18 million in new investments made in Q4 2025 and $58.1 million in Q3 2025. This ongoing investment activity, particularly in opportunistic secondary loan positions and first-lien B2B loans, is expected to contribute to future revenue as the company leverages its permanent capital structure to take a long-term view and capitalize on market dislocations.
- Optimization and Rotation of the Existing CLO Equity Portfolio: While Oxford Square Capital has reached its maximum capacity for new CLO equity additions, optimizing and rotating its existing CLO equity portfolio is a key strategy. This involves actively managing current holdings to maximize distributions and effective yields.
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Share Repurchases
- On October 30, 2025, Oxford Square Capital Corp. authorized a 12-month share repurchase program to buy back up to $25.0 million of its outstanding common stock in the open market.
- The share repurchase program is expected to be in effect until October 30, 2026.
Share Issuance
- For the year ended December 31, 2025, Oxford Square Capital Corp. raised approximately $34.8 million of net capital by selling 15,910,780 common shares through an at-the-market program.
- During the third quarter of 2025, the company issued approximately 5.4 million shares of common stock through an at-the-market offering, resulting in net proceeds of approximately $11.8 million.
- During the fourth quarter of 2025, approximately 4.3 million shares of common stock were issued via an at-the-market offering, generating net proceeds of approximately $7.9 million.
Outbound Investments
- For the year ended December 31, 2025, Oxford Square Capital Corp. purchased approximately $92.1 million of new investments.
- During the third quarter of 2025, the company's investment activity included purchases of approximately $58.1 million and repayments of approximately $31.3 million.
- In the fourth quarter of 2025, investment activity consisted of purchases totaling approximately $18.0 million and repayments of approximately $7.4 million.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| How Low Can Oxford Square Capital Stock Really Go? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to OXSQ.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 03312026 | HBAN | Huntington Bancshares | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 03312026 | NP | Neptune Insurance | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 03272026 | JKHY | Jack Henry & Associates | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 3.1% | 3.1% | 0.0% |
| 03202026 | MKTX | MarketAxess | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -5.2% | -5.2% | -5.7% |
| 03202026 | RYAN | Ryan Specialty | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -2.7% | -2.7% | -8.5% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 7.49 |
| Mkt Cap | 0.5 |
| Rev LTM | 46 |
| Op Inc LTM | -12 |
| FCF LTM | -14 |
| FCF 3Y Avg | 26 |
| CFO LTM | -14 |
| CFO 3Y Avg | 26 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -6.0% |
| Rev Chg 3Y Avg | 26.9% |
| Rev Chg Q | -11.2% |
| QoQ Delta Rev Chg LTM | -2.1% |
| Op Inc Chg LTM | -17.4% |
| Op Inc Chg 3Y Avg | -4.9% |
| Op Mgn LTM | -27.2% |
| Op Mgn 3Y Avg | -20.9% |
| QoQ Delta Op Mgn LTM | -1.4% |
| CFO/Rev LTM | -13.5% |
| CFO/Rev 3Y Avg | -3.3% |
| FCF/Rev LTM | -14.0% |
| FCF/Rev 3Y Avg | -3.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.5 |
| P/S | 2.9 |
| P/Op Inc | 0.2 |
| P/EBIT | -2.2 |
| P/E | 1.1 |
| P/CFO | -11.7 |
| Total Yield | 14.5% |
| Dividend Yield | 8.6% |
| FCF Yield 3Y Avg | 3.9% |
| D/E | 1.2 |
| Net D/E | 0.8 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 9.1% |
| 3M Rtn | -14.2% |
| 6M Rtn | -16.3% |
| 12M Rtn | -0.3% |
| 3Y Rtn | -2.8% |
| 1M Excs Rtn | 0.6% |
| 3M Excs Rtn | -18.0% |
| 6M Excs Rtn | -24.0% |
| 12M Excs Rtn | -33.7% |
| 3Y Excs Rtn | -76.6% |
Price Behavior
Price Behavior
| Market Price | $1.88 | |
| Market Cap ($ Bil) | 0.2 | |
| First Trading Date | 11/24/2003 | |
| Distance from 52W High | -9.3% | |
| 50 Days | 200 Days | |
| DMA Price | $1.75 | $1.75 |
| DMA Trend | down | up |
| Distance from DMA | 7.3% | 7.3% |
| 3M | 1YR | |
| Volatility | 30.1% | 29.1% |
| Downside Capture | -0.08 | 0.34 |
| Upside Capture | 37.16 | 45.47 |
| Correlation (SPY) | 26.5% | 23.6% |
OXSQ Betas & Captures as of 3/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.39 | 0.68 | 0.71 | 0.81 | 0.55 | 0.47 |
| Up Beta | -1.29 | 2.10 | 0.98 | 0.99 | 0.49 | 0.42 |
| Down Beta | 1.68 | 0.82 | 0.88 | 0.51 | 0.47 | 0.49 |
| Up Capture | -49% | 2% | 73% | 121% | 37% | 15% |
| Bmk +ve Days | 7 | 16 | 27 | 65 | 139 | 424 |
| Stock +ve Days | 10 | 19 | 32 | 56 | 99 | 325 |
| Down Capture | 9% | 60% | 38% | 69% | 91% | 78% |
| Bmk -ve Days | 12 | 23 | 33 | 58 | 110 | 323 |
| Stock -ve Days | 8 | 19 | 25 | 53 | 109 | 320 |
[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 OXSQ | |
|---|---|---|---|---|
| OXSQ | -4.5% | 29.0% | -0.16 | - |
| Sector ETF (XLF) | 15.6% | 15.1% | 0.76 | 20.1% |
| Equity (SPY) | 26.7% | 12.5% | 1.77 | 24.7% |
| Gold (GLD) | 38.9% | 27.4% | 1.19 | 11.4% |
| Commodities (DBC) | 23.5% | 16.2% | 1.32 | 21.0% |
| Real Estate (VNQ) | 15.6% | 13.6% | 0.82 | 8.2% |
| Bitcoin (BTCUSD) | -12.8% | 42.6% | -0.21 | 21.6% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with OXSQ | |
|---|---|---|---|---|
| OXSQ | -3.8% | 24.4% | -0.18 | - |
| Sector ETF (XLF) | 10.0% | 18.7% | 0.42 | 35.9% |
| Equity (SPY) | 10.5% | 17.1% | 0.48 | 36.6% |
| Gold (GLD) | 21.5% | 17.8% | 0.99 | 9.6% |
| Commodities (DBC) | 10.7% | 18.8% | 0.47 | 15.1% |
| Real Estate (VNQ) | 3.6% | 18.8% | 0.09 | 30.9% |
| Bitcoin (BTCUSD) | 3.8% | 56.4% | 0.29 | 19.3% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with OXSQ | |
|---|---|---|---|---|
| OXSQ | 5.4% | 32.8% | 0.24 | - |
| Sector ETF (XLF) | 12.9% | 22.2% | 0.53 | 41.5% |
| Equity (SPY) | 13.8% | 17.9% | 0.66 | 39.5% |
| Gold (GLD) | 13.9% | 15.9% | 0.73 | 5.9% |
| Commodities (DBC) | 8.1% | 17.6% | 0.38 | 18.6% |
| Real Estate (VNQ) | 5.4% | 20.7% | 0.23 | 36.9% |
| Bitcoin (BTCUSD) | 68.1% | 66.9% | 1.07 | 14.0% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 3/3/2026 | 0.0% | -1.6% | -0.8% |
| 11/4/2025 | -0.5% | 5.3% | -0.9% |
| 8/7/2025 | -1.3% | 0.9% | -5.0% |
| 2/28/2025 | 1.1% | 0.0% | -5.9% |
| 11/5/2024 | 0.0% | -1.0% | -7.5% |
| 8/13/2024 | 0.3% | -0.2% | -2.9% |
| 3/15/2024 | -1.3% | -1.6% | 1.4% |
| 11/8/2023 | -1.3% | -0.2% | 0.2% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 10 | 9 | 8 |
| # Negative | 8 | 9 | 10 |
| Median Positive | 0.4% | 2.0% | 2.6% |
| Median Negative | -1.0% | -1.6% | -2.5% |
| Max Positive | 2.6% | 7.3% | 25.3% |
| Max Negative | -1.3% | -3.8% | -9.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 03/06/2026 | 10-K |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/12/2025 | 10-Q |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 03/05/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/14/2024 | 10-Q |
| 03/31/2024 | 05/03/2024 | 10-Q |
| 12/31/2023 | 03/19/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/02/2023 | 10-Q |
| 12/31/2022 | 03/23/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| 06/30/2022 | 07/28/2022 | 10-Q |
| 03/31/2022 | 04/28/2022 | 10-Q |
Recent Forward Guidance [BETA]
Latest: Q4 2025 Earnings Reported 3/3/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2026 Dividends | 0.04 | -66.7% | Same New | Actual: 0.1 for Q1 2026 | |||
| 2026 Share Repurchases | 25.00 Mil | 0 | Affirmed | Guidance: 25.00 Mil for 2026 | |||
Prior: Q3 2025 Earnings Reported 11/4/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Dividends | 0.1 | 200.0% | Higher New | Actual: 0.04 for Q4 2025 | |||
| 2026 Share Repurchases | 25.00 Mil | ||||||
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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