Q/C Technologies (QCLS)
Market Price (9/5/2026): $1.76 | Market Cap: $0.1 MilSector: Information Technology | Industry: Technology Hardware, Storage & Peripherals
Q/C Technologies (QCLS)
Market Price (9/5/2026): $1.76Market Cap: $0.1 MilSector: Information TechnologyIndustry: Technology Hardware, Storage & Peripherals
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -7201% Megatrend and thematic driversMegatrends include Automation & Robotics, and Autonomous Technologies. Themes include Factory Automation, Machine Vision, Show more. | Weak multi-year price returns2Y Excs Rtn is -98%, 3Y Excs Rtn is -132% Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 14.07 | Very low revenueRev LTMTotal Revenue or Sales, Last Twelve Months is 0 Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -11 Mil Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -11241% High stock price volatilityVol 12M is 131% Significant short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 1743% Key risksQCLS key risks include [1] a complete dependency on a single, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -7201% |
| Megatrend and thematic driversMegatrends include Automation & Robotics, and Autonomous Technologies. Themes include Factory Automation, Machine Vision, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -98%, 3Y Excs Rtn is -132% |
| Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 14.07 |
| Very low revenueRev LTMTotal Revenue or Sales, Last Twelve Months is 0 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -11 Mil |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -11241% |
| High stock price volatilityVol 12M is 131% |
| Significant short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 1743% |
| Key risksQCLS key risks include [1] a complete dependency on a single, Show more. |
Qualitative Assessment
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Q/C Technologies (QCLS) stock has lost about 60% since 5/31/2026 because of the following key factors:
1. Persistent and Growing Financial Losses: Q/C Technologies reported a net loss of -$1.5 million in fiscal Q1 2026 (ended March 31, 2026), followed by an even larger loss of -$6.54 million in fiscal Q2 2026 (ended June 30, 2026), with diluted earnings per share (EPS) of -$0.79. This consistent unprofitability is highlighted by a 139.57% year-over-year increase in net loss for the trailing twelve months ending June 30, 2026, totaling -$16.57 million.
2. Risky Strategic Pivot and Termination of Key Partnership: The company undertook a significant strategic shift beginning March 18, 2026, to develop proprietary optical processing units (OPUs) for AI inference. This involved abandoning its previous core focus on LightSolver's laser processing unit platform for cryptocurrency applications, terminating exclusive global rights on July 2, 2026, and writing off the LightSolver license in its fiscal Q2 2026 earnings report. This pivot introduced considerable investor uncertainty and risk.
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Q/C Technologies (QCLS) stock has lost about 60% since 5/31/2026 because of the following key factors:
1. Persistent and Growing Financial Losses: Q/C Technologies reported a net loss of -$1.5 million in fiscal Q1 2026 (ended March 31, 2026), followed by an even larger loss of -$6.54 million in fiscal Q2 2026 (ended June 30, 2026), with diluted earnings per share (EPS) of -$0.79. This consistent unprofitability is highlighted by a 139.57% year-over-year increase in net loss for the trailing twelve months ending June 30, 2026, totaling -$16.57 million.
2. Risky Strategic Pivot and Termination of Key Partnership: The company undertook a significant strategic shift beginning March 18, 2026, to develop proprietary optical processing units (OPUs) for AI inference. This involved abandoning its previous core focus on LightSolver's laser processing unit platform for cryptocurrency applications, terminating exclusive global rights on July 2, 2026, and writing off the LightSolver license in its fiscal Q2 2026 earnings report. This pivot introduced considerable investor uncertainty and risk.
3. High Cash Burn Rate and Potential Shareholder Dilution: As of its March 2026 balance sheet (reported in May 2026), Q/C Technologies had a cash burn of US$12 million over the trailing twelve months, against cash reserves of US$13 million, providing a cash runway of approximately 13 months from March 2026. The cash burn rate increased by 19% in the last year, indicating a heightened risk of significant shareholder dilution should the company need to issue new shares to fund its operations.
4. Negative Analyst Sentiment: QCLS received a consensus "Sell" rating from Wall Street analysts. Reinforcing this bearish outlook, technical analysis from StockInvest.us on August 28, 2026, rated QCLS as a "Strong Sell Candidate" with a projected fall of 41.51% over the subsequent three months.
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Stock Movement Drivers
Fundamental Drivers
The -59.0% change in QCLS stock from 5/31/2026 to 9/4/2026 was primarily driven by a 9685.8% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 5312026 | 9042026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.37 | 1.79 | -59.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 0.0% |
| P/S Multiple | ∞ | ∞ | 0.0% |
| Shares Outstanding (Mil) | 8 | 0 | 9685.8% |
| Cumulative Contribution | 0.0% |
Market Drivers
5/31/2026 to 9/4/2026| Return | Correlation | |
|---|---|---|
| QCLS | -59.0% | |
| Market (SPY) | 1.8% | 46.1% |
| Sector (XLK) | -2.0% | 57.3% |
Fundamental Drivers
The -52.0% change in QCLS stock from 2/28/2026 to 9/4/2026 was primarily driven by a 1701.1% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 2282026 | 9042026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.73 | 1.79 | -52.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 0.0% |
| P/S Multiple | ∞ | ∞ | 0.0% |
| Shares Outstanding (Mil) | 1 | 0 | 1701.1% |
| Cumulative Contribution | 0.0% |
Market Drivers
2/28/2026 to 9/4/2026| Return | Correlation | |
|---|---|---|
| QCLS | -52.0% | |
| Market (SPY) | 12.6% | 34.5% |
| Sector (XLK) | 35.1% | 35.9% |
Fundamental Drivers
nullnull
Market Drivers
8/31/2025 to 9/4/2026| Return | Correlation | |
|---|---|---|
| QCLS | ||
| Market (SPY) | 20.4% | 25.9% |
| Sector (XLK) | 43.3% | 25.7% |
Fundamental Drivers
nullnull
Market Drivers
8/31/2023 to 9/4/2026| Return | Correlation | |
|---|---|---|
| QCLS | ||
| Market (SPY) | 77.1% | 25.9% |
| Sector (XLK) | 117.2% | 25.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| QCLS Return | - | - | - | - | -14% | -53% | -59% |
| Peers Return | 43% | -27% | 72% | 42% | 136% | 234% | 1934% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 106% |
Monthly Win Rates [3] | |||||||
| QCLS Win Rate | - | - | - | - | 25% | 33% | |
| Peers Win Rate | 71% | 29% | 75% | 67% | 60% | 69% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 56% | |
Max Drawdowns [4] | |||||||
| QCLS Max Drawdown | - | - | - | - | - | -67% | |
| Peers Max Drawdown | -15% | -37% | -15% | -33% | -37% | -30% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: P, XTND, AAPL, DELL, SNDK.
[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 9/4/2026 (YTD)
How Low Can It Go
QCLS has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.
| Event | XLK | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -25.7% | -18.8% |
| % Gain to Breakeven | 34.5% | 23.1% |
| Time to Breakeven | 65 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -17.0% | -7.8% |
| % Gain to Breakeven | 20.4% | 8.5% |
| Time to Breakeven | 92 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -10.0% | -9.5% |
| % Gain to Breakeven | 11.2% | 10.5% |
| Time to Breakeven | 15 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -33.1% | -24.5% |
| % Gain to Breakeven | 49.5% | 32.4% |
| Time to Breakeven | 246 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.2% | -33.7% |
| % Gain to Breakeven | 45.2% | 50.9% |
| Time to Breakeven | 78 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.8% | -19.2% |
| % Gain to Breakeven | 31.2% | 23.8% |
| Time to Breakeven | 100 days | 105 days |
In The Past
State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% gain to breakeven.
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Asset Allocation
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QCLS has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.
| Event | XLK | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -25.7% | -18.8% |
| % Gain to Breakeven | 34.5% | 23.1% |
| Time to Breakeven | 65 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -33.1% | -24.5% |
| % Gain to Breakeven | 49.5% | 32.4% |
| Time to Breakeven | 246 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.2% | -33.7% |
| % Gain to Breakeven | 45.2% | 50.9% |
| Time to Breakeven | 78 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.8% | -19.2% |
| % Gain to Breakeven | 31.2% | 23.8% |
| Time to Breakeven | 100 days | 105 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -51.5% | -53.4% |
| % Gain to Breakeven | 106.2% | 114.4% |
| Time to Breakeven | 797 days | 1085 days |
In The Past
State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% 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 Q/C Technologies (QCLS)
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A clinical-stage AbbVie focused on next-generation inflammation treatments, with an added interest in advanced CBD therapeutics.
Imagine GW Pharmaceuticals (maker of Epidiolex) if it also developed novel drugs for chronic inflammation.
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- MYMD-1: A drug platform designed to regulate the immune system to treat diseases and disorders marked by acute or chronic inflammation.
- Supera-CBD: A novel synthetic derivative of cannabidiol (CBD) being developed to treat chronic pain, addiction, and epilepsy.
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TNF Pharmaceuticals, Inc. (formerly MyMD Pharmaceuticals, Inc.), which trades under the symbol QCLS, is a clinical-stage pharmaceutical company. This means it is currently focused on the research, development, and clinical trials of its drug platforms, MYMD-1 and Supera-CBD, rather than on the commercial sale of approved products.
As a clinical-stage company, TNF Pharmaceuticals, Inc. does not currently have major commercial customers (either other companies or individual consumers) from the sale of its therapeutic products. Its primary activities involve advancing its drug candidates through various phases of clinical development and seeking regulatory approvals.
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Joshua Silverman, Executive Chairman and Principal Executive Officer
Joshua Silverman serves as the Executive Chairman and Principal Executive Officer of Q/C Technologies, Inc.. He previously held the position of Chairman of the Board for MyMD Pharmaceuticals, Inc., the company's predecessor, having joined its board in September 2018. Silverman is an experienced investment banker and management consultant. He co-founded and served as co-chief investment officer of Iroquois Capital Management, LLC, an investment advisory firm, from 2003 to 2016. Prior to that, he was co-chief investment officer of Vertical Ventures, LLC, a merchant bank, from 2000 to 2003. He has served on the boards of directors for several public companies, including AYRO, Inc., Protagenic Therapeutics, Neurotrope, Inc., Petros Pharmaceuticals, Inc., and Synaptogenix, Inc.. Earlier in his career, Silverman was a Director at Joele Frank, a firm specializing in mergers and acquisitions, and also served as Assistant Press Secretary to the President of the United States. He is currently also the interim Chief Executive Officer, President, and Director of PharmaCyte Biotech.
Ian Rhodes, Interim Chief Financial Officer
Ian Rhodes is the Interim Chief Financial Officer of Q/C Technologies, Inc.. He was initially appointed as Interim Chief Financial Officer for MyMD Pharmaceuticals, Inc. on February 1, 2021, and has continued in this role through the company's transitions. Rhodes began his career at PricewaterhouseCoopers, where he worked for 15 years. His prior experience includes serving as Interim CFO for Roadway Moving and Storage from March 2020 to December 2020, and for Greyston Bakery and Foundation from November 2018 to July 2019. He also held the positions of President, CEO, and Director of GlyEco, Inc. from December 2016 to September 2018, having previously served as its CFO from February 2016 to December 2016. From May 2014 to January 2016, he was the CFO of Calmare Therapeutics. Rhodes is a licensed CPA in New York and holds a Bachelor of Science degree in Business Administration with a concentration in Accounting from Seton Hall University.
Mitchell Glass, M.D., Chief Medical Officer
Mitchell Glass, M.D., serves as the Chief Medical Officer of Q/C Technologies, Inc.. He was appointed President and Chief Medical Officer of MyMD Pharmaceuticals, Inc., the company's predecessor, in June 2024, and was also a member of its board of directors. Dr. Glass brings over 35 years of experience in the life sciences sector, with a track record of multiple drug approvals including Accolate®, Avandia®, and Coreg®. His extensive background includes guiding companies through regulatory processes, with 5 New Drug Applications (NDAs), 7 pre-NDA meetings, 12 End of Phase 2 (EOP2) meetings with the FDA, and more than 80 Investigational New Drug (IND) applications. Dr. Glass is board-certified in internal medicine, pulmonary, and critical care medicine, with a specialized focus on inflammatory diseases and immunopathology. His career spans various executive roles at major pharmaceutical companies, as well as founding, leading, and funding start-up and early-stage biopharma ventures. He is a founder and principal of Medpro Investors, a New York-based venture capital firm focused on the healthcare sector. Prior to his tenure at the Science Center, Dr. Glass held positions as Chief Medical Officer for AtheroGenics, Inc., and Vice President and Director of Cardiopulmonary Clinical Research, Development, and Medical Affairs at SmithKline Beecham.
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- Market Volatility and Technological Uncertainty in Quantum-Class Computing and Blockchain: Q/C Technologies has explicitly shifted its strategic focus to developing quantum-class photonic computing for cryptocurrency and blockchain applications. This market is highly speculative, characterized by extreme volatility in asset prices, rapid technological changes, intense competition, and an uncertain regulatory landscape. The successful commercialization and widespread adoption of their technology in this nascent and rapidly evolving field are subject to significant uncertainty.
- High Failure Rate and Regulatory Hurdles in Clinical-Stage Pharmaceutical Development: Despite the strategic pivot, Q/C Technologies (formerly TNF Pharmaceuticals) continues to possess a pipeline of clinical-stage drug candidates, including MYMD-1 and Supera-CBD, as outlined in the background. Pharmaceutical development, particularly at the clinical stage, inherently carries a very high risk of failure during trials. Even if trials are successful, drugs face stringent, lengthy, and costly regulatory approval processes, with no guarantee of market authorization.
- Execution Risk of a Dual Business Model and Strategic Pivot: The company's recent and significant strategic pivot from a purely pharmaceutical focus to one emphasizing advanced computing for blockchain, potentially while still advancing pharmaceutical assets, presents substantial execution risks. Effectively managing two distinct and complex business models, requiring disparate expertise and significant resource allocation, could strain the company's financial, operational, and managerial capabilities, potentially hindering the success of both ventures.
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Peer Outperformance in Technology Hardware, Storage & Peripherals
null| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Electronic Manufacturing Services | 9 | 57.5% | 177.0% | 288.0% | TTMI 806% · FLEX 677% · JBL 408% |
| Semiconductor Materials & Equipment | 27 | 132.5% | 68.7% | 100.2% | AEHR 928% · AXTI 528% · KLAC 470% |
| Technology Distributors | 9 | 30.0% | 66.3% | 83.9% | CLMB 351% · AVT 164% · SNX 119% |
| Communications Equipment | 36 | 23.1% | 77.4% | 67.7% | AAOI 1267% · LITE 890% · ANET 754% |
| Electronic Components | 26 | 46.8% | 60.1% | 60.4% | CLS 3241% · BELFA 1279% · COHR 358% |
| Semiconductors | 55 | 34.4% | 21.2% | 18.4% | POET 1845% · MU 1312% · NVDA 912% |
| Technology Hardware, Storage & Peripherals ← | 21 | 34.8% | 71.0% | 16.9% | DELL 1079% · STX 992% · SMCI 942% |
| Internet Services & Infrastructure | 6 | 21.5% | 41.5% | 13.7% | DOCN 53% · GDDY 35% · VRSN 35% |
| Electronic Equipment & Instruments | 27 | -6.3% | 9.4% | -8.2% | PI 197% · OSIS 108% · ACFN 98% |
| IT Consulting & Other Services | 28 | -21.7% | -7.0% | -28.6% | CHRN 533058% · APLD 1150% · TSSI 665% |
| Application Software | 123 | -22.8% | -14.6% | -46.5% | VIDA 199900% · INLX 4861% · PLTR 554% |
| Systems Software | 68 | -7.6% | 0.2% | -57.6% | PAYS 447% · QNC 392% · PANW 327% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 209.74 |
| Mkt Cap | 255.8 |
| Rev LTM | 20,248 |
| Op Inc LTM | 10,848 |
| FCF LTM | 9,442 |
| FCF 3Y Avg | 3,333 |
| CFO LTM | 11,671 |
| CFO 3Y Avg | 4,834 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 29.8% |
| Rev Chg 3Y Avg | 13.1% |
| Rev Chg Q | 61.4% |
| QoQ Delta Rev Chg LTM | 12.8% |
| Op Inc Chg LTM | 63.1% |
| Op Inc Chg 3Y Avg | 29.1% |
| Op Mgn LTM | 20.6% |
| Op Mgn 3Y Avg | 15.7% |
| QoQ Delta Op Mgn LTM | 0.9% |
| CFO/Rev LTM | 25.6% |
| CFO/Rev 3Y Avg | 23.2% |
| FCF/Rev LTM | 21.2% |
| FCF/Rev 3Y Avg | 16.2% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Computing Technology | 0 | 0 | ||
| Pharmaceuticals | 0 | 0 | ||
| Product Revenue | 0 | 0 | ||
| Total | 0 | 0 | 0 | 0 |
| $ Mil | 2025 | 2024 |
|---|---|---|
| Computing Technology | -3 | 0 |
| Pharmaceuticals | -7 | -8 |
| Total | -10 | -8 |
| $ Mil | 2025 | 2024 |
|---|---|---|
| Computing Technology | -1 | 0 |
| Pharmaceuticals | -6 | -23 |
| Total | -6 | -23 |
| $ Mil | 2022 | 2021 |
|---|---|---|
| Single segment | 18 | 25 |
| Total | 18 | 25 |
Price Behavior
| Market Price | $1.79 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 07/24/2008 | |
| Distance from 52W High | -74.1% | |
| 50 Days | 200 Days | |
| DMA Price | $3.22 | $3.22 |
| DMA Trend | down | down |
| Distance from DMA | -44.3% | -44.3% |
| 3M | 1YR | |
| Volatility | 65.2% | 131.2% |
| Downside Capture | 435.92 | 435.63 |
| Upside Capture | 19.14 | 240.31 |
| Correlation (SPY) | 44.4% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.59 | 2.55 | 2.17 | 2.26 | 0.84 | -0.29 |
| Up Beta | 3.92 | 5.18 | 4.60 | 3.43 | 1.98 | -0.24 |
| Down Beta | -3.87 | 1.36 | 0.66 | 0.08 | 1.04 | -0.08 |
| Up Capture | 117% | -45% | 30% | 203% | 506% | 48% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 9 | 16 | 25 | 57 | 101 | 101 |
| Down Capture | 477% | 394% | 281% | 235% | 190% | 106% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 10 | 23 | 36 | 64 | 124 | 124 |
[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 QCLS | |
|---|---|---|---|---|
| QCLS | -61.6% | 131.2% | -0.21 | - |
| Sector ETF (XLK) | 43.4% | 26.2% | 1.34 | 25.7% |
| Equity (SPY) | 19.7% | 12.8% | 1.13 | 25.9% |
| Gold (GLD) | 24.6% | 29.2% | 0.75 | 19.4% |
| Commodities (DBC) | 44.1% | 20.4% | 1.69 | 3.0% |
| Real Estate (VNQ) | 9.1% | 13.6% | 0.39 | 5.9% |
| Bitcoin (BTCUSD) | -26.9% | 43.8% | -0.59 | 21.2% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with QCLS | |
|---|---|---|---|---|
| QCLS | -17.4% | 131.2% | -0.21 | - |
| Sector ETF (XLK) | 19.7% | 25.9% | 0.68 | 25.7% |
| Equity (SPY) | 12.8% | 17.2% | 0.57 | 25.9% |
| Gold (GLD) | 19.1% | 18.8% | 0.82 | 19.4% |
| Commodities (DBC) | 10.7% | 19.5% | 0.43 | 3.0% |
| Real Estate (VNQ) | 1.7% | 18.9% | -0.01 | 5.9% |
| Bitcoin (BTCUSD) | 10.6% | 52.6% | 0.38 | 21.2% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with QCLS | |
|---|---|---|---|---|
| QCLS | -9.1% | 131.2% | -0.21 | - |
| Sector ETF (XLK) | 24.4% | 25.0% | 0.88 | 25.7% |
| Equity (SPY) | 15.3% | 17.9% | 0.72 | 25.9% |
| Gold (GLD) | 12.4% | 16.3% | 0.62 | 19.4% |
| Commodities (DBC) | 7.9% | 18.1% | 0.35 | 3.0% |
| Real Estate (VNQ) | 4.8% | 20.7% | 0.19 | 5.9% |
| Bitcoin (BTCUSD) | 64.0% | 66.2% | 1.04 | 21.2% |
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 | 08/12/2026 | 10-Q |
| 03/31/2026 | 05/15/2026 | 10-Q |
| 12/31/2025 | 04/15/2026 | 10-K |
| 09/30/2025 | 11/19/2025 | 10-Q |
| 06/30/2025 | 08/19/2025 | 10-Q |
| 03/31/2025 | 05/15/2025 | 10-Q |
| 12/31/2024 | 04/11/2025 | 10-K |
| 09/30/2024 | 11/14/2024 | 10-Q |
| 06/30/2024 | 08/19/2024 | 10-Q |
| 03/31/2024 | 05/15/2024 | 10-Q |
| 12/31/2023 | 04/01/2024 | 10-K |
| 09/30/2023 | 11/14/2023 | 10-Q |
| 06/30/2023 | 08/14/2023 | 10-Q |
| 03/31/2023 | 05/15/2023 | 10-Q |
| 12/31/2022 | 03/31/2023 | 10-K |
| 09/30/2022 | 11/10/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/12/2026 | 10-Q |
| 03/31/2026 | 05/15/2026 | 10-Q |
| 12/31/2025 | 04/15/2026 | 10-K |
| 09/30/2025 | 11/19/2025 | 10-Q |
| 06/30/2025 | 08/19/2025 | 10-Q |
| 03/31/2025 | 05/15/2025 | 10-Q |
| 12/31/2024 | 04/11/2025 | 10-K |
| 09/30/2024 | 11/14/2024 | 10-Q |
| 06/30/2024 | 08/19/2024 | 10-Q |
| 03/31/2024 | 05/15/2024 | 10-Q |
| 12/31/2023 | 04/01/2024 | 10-K |
| 09/30/2023 | 11/14/2023 | 10-Q |
| 06/30/2023 | 08/14/2023 | 10-Q |
| 03/31/2023 | 05/15/2023 | 10-Q |
| 12/31/2022 | 03/31/2023 | 10-K |
| 09/30/2022 | 11/10/2022 | 10-Q |
| 06/30/2022 | 08/15/2022 | 10-Q |
| 03/31/2022 | 05/16/2022 | 10-Q |
| 12/31/2021 | 03/31/2022 | 10-K |
| 09/30/2021 | 11/12/2021 | 10-Q |
| 06/30/2021 | 08/16/2021 | 10-Q |
| 03/31/2021 | 05/18/2021 | 10-Q |
| 09/30/2020 | 11/15/2021 | 10-Q/A |
Insider Activity
Updated 5/14/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Voss, Chelsea Sierra | Roth IRA | Buy | 5142026 | 3.15 | 1,753 | 5,522 | 193,898 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Voss, Chelsea Sierra | Roth IRA | Buy | 5142026 | 3.15 | 1,753 | 5,522 | 193,898 | Form |
Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| Technology Hardware, Storage & Peripherals Resources |
| The Verge |
| TechRadar |
| Tom’s Hardware |
| PCMag |
| CNET |
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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