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Pelagos Insurance Capital (PLGO)

Market Price (7/6/2026): $25.56 | Market Cap: $2.4 BilSector: Financials | Industry: Multi-line Insurance

Pelagos Insurance Capital (PLGO)

Market Price (7/6/2026): $25.56
Market Cap: $2.4 Bil
Sector: Financials
Industry: Multi-line Insurance

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

0

Low stock price volatility
Vol 12M is 29%

Megatrend and thematic drivers
Megatrends include AI in Financial Services, and Sustainable Finance. Themes include Algorithmic Trading, and ESG Investing & Green Bonds.

Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.2%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.9%, Rev Chg QQuarterly Revenue Change % is -6.9%

Key risks
PLGO key risks include [1] its heavy dependence on the performance and continuity of its Framework Agreement with Fidelis MGU and [2] a critical reliance on its key management team.

0 Low stock price volatility
Vol 12M is 29%
1 Megatrend and thematic drivers
Megatrends include AI in Financial Services, and Sustainable Finance. Themes include Algorithmic Trading, and ESG Investing & Green Bonds.
2 Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%
3 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.2%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.9%, Rev Chg QQuarterly Revenue Change % is -6.9%
4 Key risks
PLGO key risks include [1] its heavy dependence on the performance and continuity of its Framework Agreement with Fidelis MGU and [2] a critical reliance on its key management team.

PLGO in ETFs

Weight = PLGO's share of each fund

IWM0.04%
AVUV0.10%
DFAS0.05%
IWO0.04%
IWN0.04%
VTWO0.03%
FNDA0.02%
DFAC0.01%
+1 more covered ETF

Valuation & Metrics

FYE: 12/31PLGO [1]S&P 500 [2]
REVENUE GROWTH
LTM Revenue [3]$2.1 Bil—
FY 2026 Sales$3.6 Bil—
FY 2027 Sales$3.8 Bil—
FY 2026 Sales Growth67.4%—
FY 2027 Sales Growth7.1%8.1%
EARNINGS
LTM Net Income (GAAP) [3]$376.0 Mil—
FY 2026 Net Income (Non-GAAP)$390.2 Mil—
FY 2027 Net Income (Non-GAAP)$443.3 Mil—
FY 2027 Net Income Growth13.6%17.0%
FY 2026 EPS (Non-GAAP)$3.66—
FY 2027 EPS (Non-GAAP)$4.15—
FY 2027 EPS Growth13.6%—
VALUATION
FY 2026 P/S0.73.2
FY 2027 P/S0.6—
FY 2026 P/E6.119.5
FY 2027 P/E5.4—

[1] PLGO forward figures are analyst consensus for the next two fiscal years (fiscal year end 12/31). Net Income and EPS are non-GAAP (adjusted) consensus. P/S and P/E divide the current market cap by the consensus figure.
[2] S&P 500 figures are the SPY ETF's holdings-weighted forward aggregate. P/S and P/E reflect FY1/FY2 consensus blended to the 12-month window ending 7/31/27 (~one year forward), shown when ≥90% of index weight has estimates. Growth is the aggregate next-fiscal-year vs current-fiscal-year (FY1→FY2) change. Index-level dollar Sales, Net Income and EPS are not applicable.
[3] LTM = reported trailing-twelve-month actuals (GAAP).
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MetricValueDateSource
Gross Premiums Written$1.84 billion3312026Link
Combined Ratio86.6%3312026Link
Annualized Operating Return on Average Common Equity (ROAE)15.2%3312026Link
Book Value Per Diluted Common Share$26.223312026Link
Catastrophe and Large Losses$72.3 million3312026Link
Net Favorable Prior Year Loss Reserve Development$3.1 million3312026Link
Debt-to-Equity Ratio35.1%5142026Link

Price Chart

Upcoming
8/12/2026Earnings ReleaseRev: $635 Mil (E)
EPS: $0.72 (E)

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 7/1/2026

Pelagos Insurance Capital (PLGO) stock has gained about 35% since 3/31/2026 because of the following key factors:

1. Exceptional Fiscal Q1 2026 Financial Results.

Pelagos Insurance Capital reported strong financial results for fiscal Q1 2026, which ended on March 31, 2026, significantly surpassing analyst expectations. The company achieved net income of $108.0 million, or $0.94 per diluted common share, marking a 27.85% surprise over analyst estimates of $0.74 per share. Furthermore, the combined ratio dramatically improved to 86.6% from 115.6% in fiscal Q1 2025, indicating excellent underwriting performance. This strong performance contributed to a 7.2% increase in book value per diluted share, including dividends, reaching $26.22, which management described as their "best ever quarter of value creation."

2. Robust Capital Management and Shareholder Returns.

During the period, Pelagos Insurance Capital demonstrated proactive capital management and a commitment to shareholder value. In fiscal Q1 2026, the company repurchased $219 million of shares. Additionally, between March 31, 2026, and May 8, 2026, Pelagos repurchased 705,752 common shares at an aggregate cost of $14.4 million. The company also redeemed $125 million in junior subordinated notes in April 2026, which reduced its pro forma debt-to-capital ratio to 24.2% as of March 31, 2026. A quarterly dividend of $0.15 per share was declared on May 7, 2026, payable on June 26, 2026, further signaling shareholder-friendly policies.

Show more
Updated on 7/1/2026

Pelagos Insurance Capital (PLGO) stock has gained about 35% since 3/31/2026 because of the following key factors:

1. Exceptional Fiscal Q1 2026 Financial Results.

Pelagos Insurance Capital reported strong financial results for fiscal Q1 2026, which ended on March 31, 2026, significantly surpassing analyst expectations. The company achieved net income of $108.0 million, or $0.94 per diluted common share, marking a 27.85% surprise over analyst estimates of $0.74 per share. Furthermore, the combined ratio dramatically improved to 86.6% from 115.6% in fiscal Q1 2025, indicating excellent underwriting performance. This strong performance contributed to a 7.2% increase in book value per diluted share, including dividends, reaching $26.22, which management described as their "best ever quarter of value creation."

2. Robust Capital Management and Shareholder Returns.

During the period, Pelagos Insurance Capital demonstrated proactive capital management and a commitment to shareholder value. In fiscal Q1 2026, the company repurchased $219 million of shares. Additionally, between March 31, 2026, and May 8, 2026, Pelagos repurchased 705,752 common shares at an aggregate cost of $14.4 million. The company also redeemed $125 million in junior subordinated notes in April 2026, which reduced its pro forma debt-to-capital ratio to 24.2% as of March 31, 2026. A quarterly dividend of $0.15 per share was declared on May 7, 2026, payable on June 26, 2026, further signaling shareholder-friendly policies.

3. Positive Outlook and Favorable Analyst Sentiment.

Management's positive outlook and subsequent analyst reassessments bolstered investor confidence in Pelagos Insurance Capital. The company projected mid-single-digit top-line growth and anticipated Q2 2026 reinsurance net earned premiums of $65 million to $75 million. This forward-looking guidance, combined with strong recent performance, led to a Zacks Rank #1 (Strong Buy) rating as of June 2, 2026. Analyst price targets were also adjusted upwards, with Goldman Sachs raising its price target to $22.50 on July 1, 2026. The stock's ascent to an all-time high of $24.74 on June 25, 2026, reflected this positive market sentiment.

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Stock Movement Drivers

Fundamental Drivers

The 34.6% change in PLGO stock from 3/31/2026 to 7/5/2026 was primarily driven by a 70.3% change in the company's Net Income Margin (%).
(LTM values as of)33120267052026Change
Stock Price ($)18.9925.5634.6%
Change Contribution By: 
Total Revenues ($ Mil)2,1722,127-2.1%
Net Income Margin (%)10.4%17.7%70.3%
P/E Multiple8.46.3-25.1%
Shares Outstanding (Mil)100937.8%
Cumulative Contribution34.6%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2026 to 7/5/2026
ReturnCorrelation
PLGO34.6% 
Market (SPY)14.5%-0.0%
Sector (XLF)12.7%31.3%

Fundamental Drivers

The 32.5% change in PLGO stock from 12/31/2025 to 7/5/2026 was primarily driven by a 25.8% change in the company's P/S Multiple.
(LTM values as of)123120257052026Change
Stock Price ($)19.2925.5632.5%
Change Contribution By: 
Total Revenues ($ Mil)2,2672,127-6.2%
P/S Multiple0.91.125.8%
Shares Outstanding (Mil)1049312.3%
Cumulative Contribution32.5%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 7/5/2026
ReturnCorrelation
PLGO32.5% 
Market (SPY)9.5%6.2%
Sector (XLF)2.1%25.0%

Fundamental Drivers

The 59.0% change in PLGO stock from 6/30/2025 to 7/5/2026 was primarily driven by a 39.8% change in the company's P/S Multiple.
(LTM values as of)63020257052026Change
Stock Price ($)16.0725.5659.0%
Change Contribution By: 
Total Revenues ($ Mil)2,2442,127-5.2%
P/S Multiple0.81.139.8%
Shares Outstanding (Mil)1129320.0%
Cumulative Contribution59.0%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2025 to 7/5/2026
ReturnCorrelation
PLGO59.0% 
Market (SPY)21.6%9.9%
Sector (XLF)7.5%30.9%

Fundamental Drivers

The 100.1% change in PLGO stock from 6/30/2023 to 7/5/2026 was primarily driven by a 0.0% change in the company's P/E Multiple.
(LTM values as of)63020237052026Change
Stock Price ($)12.7725.56100.1%
Change Contribution By: 
Total Revenues ($ Mil)�2,1270.0%
Net Income Margin (%)�17.7%0.0%
P/E Multiple�6.30.0%
Shares Outstanding (Mil)19493109.0%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2023 to 7/5/2026
ReturnCorrelation
PLGO100.1% 
Market (SPY)74.0%27.7%
Sector (XLF)72.4%38.5%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
PLGO Return---2%46%11%29%107%
Peers Return15%14%13%37%10%-1%122%
S&P 500 Return27%-19%24%23%16%9%99%

Monthly Win Rates [3]
PLGO Win Rate--71%50%58%86% 
Peers Win Rate58%57%53%58%60%49% 
S&P 500 Win Rate75%42%67%75%67%43% 

Max Drawdowns [4]
PLGO Max Drawdown----22%-21%-11% 
Peers Max Drawdown-19%-23%-20%-17%-19%-17% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 

[1] Cumulative total returns since the beginning of 2021
[2] Peers: ACGL, RNR, AXS, MKL, KNSL.
[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 7/2/2026 (YTD)

How Low Can It Go

EventPLGOS&P 500
2025 US Tariff Shock
  % Loss-12.6%-18.8%
  % Gain to Breakeven14.4%23.1%
  Time to Breakeven35 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-12.1%-9.5%
  % Gain to Breakeven13.8%10.5%
  Time to Breakeven85 days24 days

Compare to ACGL, RNR, AXS, MKL, KNSL

In The Past

Pelagos Insurance Capital's stock fell -12.6% during the 2025 US Tariff Shock. Such a loss loss requires a 14.4% 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.

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Compare to ACGL, RNR, AXS, MKL, KNSL

In The Past

Pelagos Insurance Capital's stock fell -12.6% during the 2025 US Tariff Shock. Such a loss loss requires a 14.4% 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 Pelagos Insurance Capital (PLGO)

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Pelagos Insurance Capital (PLGO), operating as Fidelis, is a global provider of specialty and bespoke insurance and reinsurance products. The company focuses on delivering tailor-made and unique insurance solutions, along with reinsurance coverage, to a diverse client base worldwide. Its core strategy revolves around differentiated underwriting capabilities designed to achieve strong returns across various insurance cycles.

A significant competitive advantage for Pelagos is its exclusive access to the underwriting expertise of Fidelis MGU, an underwriting management company led by industry veteran Mr. Richard Brindle and a highly experienced management team. This strategic partnership provides Pelagos with robust underwriting processes, advanced technology, and real-time market insights, enabling it to swiftly identify emerging opportunities and cross-sell across its product offerings. The company concentrates its efforts on capitalizing on current market trends, dislocations, and emerging risk solutions within the specialty and bespoke insurance sectors, as well as the property reinsurance markets.

Pelagos has a strong track record of both growth and underwriting performance, consistently demonstrating lower loss and combined ratios compared to its peer group. The company has achieved substantial growth in Gross Written Premiums (GPW) and Net Earned Premiums (NPE) over recent years. With a significant gross Unearned Premium Reserve (UPR) balance, Pelagos Insurance Capital also possesses considerable embedded earnings potential from its existing book of business, positioning it for sustained profitable growth.

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Here are 1-2 brief analogies to describe Pelagos Insurance Capital:

  • It's like an investment fund that exclusively partners with a legendary, top-performing hedge fund manager to pick all its investments, but for insurance policies.

  • Think of it as a highly specialized, more agile, and consistently higher-performing version of an insurer like Markel or W.R. Berkley.

AI Analysis | Feedback

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  • Specialty Insurance: Providing specialized insurance coverage for unique or complex risks across various sectors.
  • Bespoke Insurance: Offering custom-tailored insurance solutions designed to meet specific client needs that may not fit standard policies.
  • Reinsurance (including Property Reinsurance): Underwriting insurance for other insurance companies, particularly in the property sector, to help them manage their own risk exposures.
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AI Analysis | Feedback

Pelagos Insurance Capital (PLGO), operating as Fidelis, primarily sells its "bespoke and specialty insurance and reinsurance products" to other companies and insurance entities. Based on the provided background information, specific major customer companies are not named or identified.

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The key risks for Pelagos Insurance Capital (PLGO) are:

  • Dependence on Fidelis MGU and the Framework Agreement: Pelagos Insurance Capital's business model relies heavily on its "exclusive right of first access to Fidelis MGU’s underwriting business during the term of the Framework Agreement." The continuity and favorable terms of this agreement, as well as the underwriting performance of Fidelis MGU, are critical to Pelagos Insurance Capital's ability to generate strong returns and grow its business.

  • Regulatory and Supervisory Risk: The company operates in various jurisdictions and is subject to different insurance laws and regulations administered and enforced by numerous governmental and non-governmental authorities. Changes in these regulations, increased compliance costs, or adverse regulatory actions in any of its operating regions could negatively impact its business, financial condition, and results of operations.

  • Reliance on Key Personnel and Management Team: The background emphasizes the significant experience and track record of its leadership, including Mr. Daniel Burrows and Mr. Brindle, and their respective management teams. The company’s historical success and future ability to deliver strong underwriting performance and strategic innovation are presented as highly dependent on the continued presence, expertise, and effective leadership of these key individuals and their teams.

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Expected Drivers of Future Revenue Growth for Pelagos Insurance Capital (PLGO)

Over the next 2-3 years, Pelagos Insurance Capital (PLGO) expects to drive revenue growth through several key initiatives and inherent strengths:

  1. Exclusive Access to Fidelis MGU's Underwriting Business: Pelagos Insurance Capital has an exclusive right of first access to Fidelis MGU's underwriting business through a long-term Framework Agreement. This strategic relationship is expected to provide a consistent pipeline of new business opportunities and highly selective underwriting capabilities, enabling the company to capitalize on current insurance market trends and deliver growth.
  2. Capitalizing on Current Market Trends, Dislocations, and Emerging Risk Solutions: The company plans to continue focusing on nimble underwriting to identify and capitalize on current market trends, dislocations, and emerging risk solutions. This proactive approach, supported by robust processes and technology from Fidelis MGU, allows for quick assessment of opportunities and strong underwriting.
  3. Cross-Selling Across its Diverse Product Range: Through daily Underwriting and Marketing Conference Calls (UMCC) and a coordinated approach, Pelagos Insurance Capital aims to cross-sell effectively across its specialty, bespoke, and reinsurance product offerings. This strategy leverages existing client relationships and broadens the scope of business written.
  4. Recognition of Unearned Premiums from Previously Written Business: A significant portion of future earnings is embedded in previously written business, reflected in the substantial gross unearned premium reserve (UPR) balance of $3.3 billion as of March 31, 2023. As these premiums are earned over the life of the policies, they will contribute to revenue growth.
  5. Continued Strong and Differentiated Underwriting Performance: The company's belief in its differentiated underwriting, coupled with a track record of strong underwriting results (evidenced by historically low loss and combined ratios compared to peers), is expected to underpin profitable growth. Maintaining and enhancing these underwriting standards will continue to attract and retain profitable business.

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Peer Comparisons

Peers to compare with:

Financials

PLGOACGLRNRAXSMKLKNSLMedian
NamePelagos .Arch Cap.Renaissa.Axis Cap.Markel Kinsale . 
Mkt Price25.56102.20326.29113.361,979.65354.85219.83
Mkt Cap-36.113.88.425.08.213.8
Rev LTM2,12719,07811,4996,63915,8841,9179,069
Op Inc LTM-------
FCF LTM-5,8594,2231692,1881,0142,188
FCF 3Y Avg-6,2253,3401,1132,3819472,381
CFO LTM-5,9024,2231692,4011,0632,401
CFO 3Y Avg-6,2733,3401,1132,6259772,625

Growth & Margins

PLGOACGLRNRAXSMKLKNSLMedian
NamePelagos .Arch Cap.Renaissa.Axis Cap.Markel Kinsale . 
Rev Chg LTM-5.2%8.1%-8.1%9.9%2.1%17.0%5.1%
Rev Chg 3Y Avg-7.9%21.3%24.3%7.6%8.5%28.4%14.9%
Rev Chg Q-6.9%-4.7%-37.0%14.5%-13.5%10.2%-5.8%
QoQ Delta Rev Chg LTM-2.1%-1.1%-10.0%3.3%-2.7%2.3%-1.6%
Op Inc Chg LTM-------
Op Inc Chg 3Y Avg-------
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM-30.9%36.7%2.6%15.1%55.4%30.9%
CFO/Rev 3Y Avg-37.8%29.5%18.8%16.3%60.5%29.5%
FCF/Rev LTM-30.7%36.7%2.6%13.8%52.9%30.7%
FCF/Rev 3Y Avg-37.5%29.5%18.8%14.8%58.8%29.5%

Valuation

PLGOACGLRNRAXSMKLKNSLMedian
NamePelagos .Arch Cap.Renaissa.Axis Cap.Markel Kinsale . 
Mkt Cap-36.113.88.425.08.213.8
P/S-1.91.21.31.64.31.6
P/Op Inc-------
P/EBIT-6.52.96.210.012.16.5
P/E-7.44.97.914.115.57.9
P/CFO-6.13.349.610.47.77.7
Total Yield-13.5%20.8%14.4%7.1%6.7%13.5%
Dividend Yield-0.0%0.5%1.6%0.0%0.2%0.2%
FCF Yield 3Y Avg-17.9%27.5%16.5%10.7%9.5%16.5%
D/E-0.10.20.20.20.00.2
Net D/E--0.3-0.8-0.5-0.3-0.3-0.3

Returns

PLGOACGLRNRAXSMKLKNSLMedian
NamePelagos .Arch Cap.Renaissa.Axis Cap.Markel Kinsale . 
1M Rtn17.9%12.1%13.3%15.2%8.9%15.9%14.2%
3M Rtn34.4%5.6%8.8%12.0%4.2%3.0%7.2%
6M Rtn33.8%8.9%20.2%9.6%-7.1%-9.4%9.3%
12M Rtn62.9%15.6%36.2%16.4%0.9%-25.3%16.0%
3Y Rtn98.4%45.5%77.9%129.5%45.0%-3.3%61.7%
1M Excs Rtn21.4%18.3%19.3%20.9%12.4%21.8%20.1%
3M Excs Rtn21.6%-6.8%-3.3%0.1%-9.8%-11.1%-5.0%
6M Excs Rtn23.6%-2.8%6.8%-3.0%-17.4%-18.7%-2.9%
12M Excs Rtn35.8%-9.0%13.7%-8.2%-21.5%-46.5%-8.6%
3Y Excs Rtn40.8%-19.8%10.6%56.5%-23.5%-73.6%-4.6%

Comparison Analyses

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Financials

$ Mil | FY: 12/312026Q12025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q2
Period End3/31/202612/31/20259/30/20256/30/20253/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/20236/30/2023
Filing Date5/13/20263/5/202611/12/20258/13/20255/14/20253/11/202511/12/20248/14/20245/9/20243/15/202411/20/20238/22/2023
Key Financials Quarterly            
Total Revenue610275650591656369681538446324540453
Net Income10811813020-42-12210154812288884
EPS1.161.181.250.18-0.38-1.090.880.460.691.810.750.76
Key Financials TTM            
Total Revenue TTM2,1272,1722,2672,2982,2442,0341,9881,8471,7623,3673,4753,372
Net Income TTM376226-14-44-101134644514812,1322,0241,844
Growth Rates Quarterly            
Total Revenue Growth-6.9%-25.6%-4.6%10.0%47.1%14.1%26.2%18.6%-78.3%-25.0%23.5%37.0%
Net Income Growth354.1%196.4%29.7%-63.3%-152.3%-153.5%14.7%-36.0%-95.3%90.4%194.6%898.8%
Margins Quarterly            
Net Income Margin17.7%42.9%20.1%3.3%-6.5%-33.1%14.8%10.0%18.2%70.6%16.2%18.5%
Cash & Debt            
Total Cash3,7261,2183,7913,8063,9581,1134,4754,1263,9751,3171,2161,268
Total Debt844843843843449449449449448448448448
Net Debt / (Cash)-2,882-375-2,948-2,963-3,509-664-4,027-3,677-3,527-869-768-820
Cash Flows Quarterly            
FCF from Operations-----------250
Cash Flows TTM            
FCF from Operations TTM------------
Returns to Shareholders Quarterly            
Dividends000000000000
Share Repurchases-0-0-0-0-0-0-0-0-0-0-0-0
Return on Invested Capital (ROIC) Quarterly            
ROIC-34.9%----41.6%---44.0%29.6%32.3%
Return on Invested Capital (ROIC) TTM            
ROIC TTM-16.7%---9.6%---178.9%171.2%177.7%

Price Behavior

Price Behavior
Market Price$25.56 
Market Cap ($ Bil)2.4 
First Trading Date06/29/2023 
Distance from 52W High0.0% 
   50 Days200 Days
DMA Price$22.28$19.51
DMA Trendupup
Distance from DMA14.7%31.0%
 3M1YR
Volatility41.3%28.8%
Downside Capture-91.73-8.60
Upside Capture60.0351.62
Correlation (SPY)2.3%10.9%
PLGO Betas & Captures as of 6/30/2026

 1M2M3M6M1Y3Y
Beta-0.66-0.18-0.010.160.240.58
Up Beta-0.120.460.410.360.500.62
Down Beta-0.31-0.87-0.96-0.220.020.55
Up Capture-17%41%48%40%38%33%
Bmk +ve Days11244067140429
Stock +ve Days13192965139386
Down Capture-167%-70%-66%-6%-5%76%
Bmk -ve Days10172358112321
Stock -ve Days7213358107344

[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 PLGO
PLGO56.9%28.9%1.55-
Sector ETF (XLF)6.9%14.7%0.2430.8%
Equity (SPY)21.7%12.5%1.2910.0%
Gold (GLD)23.1%27.7%0.73-1.7%
Commodities (DBC)21.3%18.6%0.90-16.7%
Real Estate (VNQ)13.6%13.8%0.6824.6%
Bitcoin (BTCUSD)-42.0%42.7%-1.1513.2%

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Based On 5-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with PLGO
PLGO16.2%32.1%0.81-
Sector ETF (XLF)10.6%18.6%0.4438.6%
Equity (SPY)13.3%17.1%0.6028.0%
Gold (GLD)17.9%18.3%0.795.8%
Commodities (DBC)6.9%19.5%0.251.4%
Real Estate (VNQ)3.1%18.9%0.0631.7%
Bitcoin (BTCUSD)12.2%53.8%0.4114.5%

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 PLGO
PLGO7.8%32.1%0.81-
Sector ETF (XLF)13.7%22.2%0.5638.6%
Equity (SPY)15.4%18.0%0.7328.0%
Gold (GLD)12.1%16.1%0.615.8%
Commodities (DBC)5.7%18.0%0.251.4%
Real Estate (VNQ)5.5%20.7%0.2331.7%
Bitcoin (BTCUSD)59.0%66.2%0.9914.5%

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Short Interest

Short Interest: As Of Date6152026
Short Interest: Shares Quantity2.0 Mil
Short Interest: % Change Since 53120267.6%
Average Daily Volume0.4 Mil
Days-to-Cover Short Interest5.0 days
Basic Shares Quantity93.0 Mil
Short % of Basic Shares2.1%

Earnings Returns History

Updated 6/2/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
SUMMARY STATS   
# Positive000
# Negative000
Median Positive   
Median Negative   
Max Positive   
Max Negative   
 Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
SUMMARY STATS   
# Positive000
# Negative000
Median Positive   
Median Negative   
Max Positive   
Max Negative   

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/13/20266-K
12/31/202503/05/202620-F
09/30/202511/12/20256-K
06/30/202508/13/20256-K
03/31/202505/14/20256-K
12/31/202403/11/202520-F
09/30/202411/12/20246-K
06/30/202408/14/20246-K
03/31/202405/09/20246-K
12/31/202303/15/202420-F
09/30/202311/20/20236-K
06/30/202308/22/20236-K
03/31/202306/30/2023424B4
12/31/202103/01/2023DRS/A
 Collapse to Preview
Report DateFiling DateFiling
03/31/202605/13/20266-K
12/31/202503/05/202620-F
09/30/202511/12/20256-K
06/30/202508/13/20256-K
03/31/202505/14/20256-K
12/31/202403/11/202520-F
09/30/202411/12/20246-K
06/30/202408/14/20246-K
03/31/202405/09/20246-K
12/31/202303/15/202420-F
09/30/202311/20/20236-K
06/30/202308/22/20236-K
03/31/202306/30/2023424B4
12/31/202103/01/2023DRS/A

Industry Resources

External Quote Links


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Core Cache Last Updated: 7/5/2026