Tearsheet

Sight Sciences (SGHT)


Market Price (4/10/2026): $3.5 | Market Cap: $185.8 Mil
Sector: Health Care | Industry: Life Sciences Tools & Services

Sight Sciences (SGHT)


Market Price (4/10/2026): $3.5
Market Cap: $185.8 Mil
Sector: Health Care
Industry: Life Sciences Tools & Services

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

0

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -28%

Megatrend and thematic drivers
Megatrends include Precision Medicine, and Aging Population & Chronic Disease. Themes include Targeted Therapies, and Chronic Ophthalmic Disease Management.

Weak multi-year price returns
2Y Excs Rtn is -70%, 3Y Excs Rtn is -124%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -37 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -48%

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.1%

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 17%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -38%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -39%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -25%

Key risks
SGHT key risks include [1] adverse Medicare coverage decisions severely limiting reimbursement for its core OMNI and TearCare systems, Show more.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -28%
1 Megatrend and thematic drivers
Megatrends include Precision Medicine, and Aging Population & Chronic Disease. Themes include Targeted Therapies, and Chronic Ophthalmic Disease Management.
2 Weak multi-year price returns
2Y Excs Rtn is -70%, 3Y Excs Rtn is -124%
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -37 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -48%
4 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.1%
5 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 17%
6 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -38%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -39%
7 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -25%
8 Key risks
SGHT key risks include [1] adverse Medicare coverage decisions severely limiting reimbursement for its core OMNI and TearCare systems, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Sight Sciences (SGHT) stock has lost about 55% since 12/31/2025 because of the following key factors:

1. Disappointing 2026 Revenue Guidance and Segment Growth Outlook.

Sight Sciences initiated its full-year 2026 revenue guidance at $82 million to $88 million, representing 6% to 14% growth over 2025. This guidance included an outlook for its Interventional Glaucoma segment of only 2% to 7% growth ($77 million to $81 million), with the first quarter of 2026 expected to be the lowest revenue quarter for this segment. Furthermore, while the Interventional Dry Eye segment was guided for substantial growth (from $1.6 million in 2025 to $5 million to $7 million in 2026), analysts noted this aggressive ramp-up carries "meaningful execution risk" due to its historically slow and uncertain commercialization and limited Medicare Administrative Contractor (MAC) reimbursement.

2. Continued Unprofitability and Declining Cash Reserves.

Despite reporting a reduced net loss of $4.2 million, or $0.08 per share, in the fourth quarter of 2025, Sight Sciences remains an unprofitable company. The company's cash and cash equivalents also saw a significant decline, ending Q4 2025 with $92 million, down from $120.4 million at the end of 2024. While cash usage in Q4 2025 was low at $0.4 million, the overall trend of decreasing cash reserves combined with anticipated increases in adjusted operating expenses by 6% to 9% in 2026 for market access and commercial investments, raised concerns among investors.

Show more

Stock Movement Drivers

Fundamental Drivers

The -55.9% change in SGHT stock from 12/31/2025 to 4/9/2026 was primarily driven by a -56.0% change in the company's P/S Multiple.
(LTM values as of)123120254092026Change
Stock Price ($)7.933.50-55.9%
Change Contribution By: 
Total Revenues ($ Mil)76771.7%
P/S Multiple5.52.4-56.0%
Shares Outstanding (Mil)5253-1.3%
Cumulative Contribution-55.9%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/9/2026
ReturnCorrelation
SGHT-55.9% 
Market (SPY)-5.4%35.6%
Sector (XLV)-3.5%31.3%

Fundamental Drivers

The 1.7% change in SGHT stock from 9/30/2025 to 4/9/2026 was primarily driven by a 2.8% change in the company's P/S Multiple.
(LTM values as of)93020254092026Change
Stock Price ($)3.443.501.7%
Change Contribution By: 
Total Revenues ($ Mil)76771.4%
P/S Multiple2.32.42.8%
Shares Outstanding (Mil)5253-2.4%
Cumulative Contribution1.7%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/9/2026
ReturnCorrelation
SGHT1.7% 
Market (SPY)-2.9%37.6%
Sector (XLV)7.8%32.6%

Fundamental Drivers

The 45.8% change in SGHT stock from 3/31/2025 to 4/9/2026 was primarily driven by a 57.3% change in the company's P/S Multiple.
(LTM values as of)33120254092026Change
Stock Price ($)2.403.5045.8%
Change Contribution By: 
Total Revenues ($ Mil)8077-3.1%
P/S Multiple1.52.457.3%
Shares Outstanding (Mil)5153-4.3%
Cumulative Contribution45.8%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/9/2026
ReturnCorrelation
SGHT45.8% 
Market (SPY)16.3%34.1%
Sector (XLV)3.7%29.8%

Fundamental Drivers

The -60.0% change in SGHT stock from 3/31/2023 to 4/9/2026 was primarily driven by a -59.3% change in the company's P/S Multiple.
(LTM values as of)33120234092026Change
Stock Price ($)8.743.50-60.0%
Change Contribution By: 
Total Revenues ($ Mil)71778.5%
P/S Multiple5.92.4-59.3%
Shares Outstanding (Mil)4853-9.2%
Cumulative Contribution-60.0%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/9/2026
ReturnCorrelation
SGHT-60.0% 
Market (SPY)63.3%26.2%
Sector (XLV)20.8%20.8%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
SGHT Return-48%-31%-58%-29%118%-56%-90%
Peers Return14%-15%-7%-18%33%-24%-26%
S&P 500 Return27%-19%24%23%16%-1%81%

Monthly Win Rates [3]
SGHT Win Rate33%58%33%42%50%0% 
Peers Win Rate60%50%50%44%43%40% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
SGHT Max Drawdown-48%-68%-89%-35%-43%-56% 
Peers Max Drawdown-17%-38%-37%-28%-18%-36% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: A, ATEC, CERS, POAS, TMO.
[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 4/9/2026 (YTD)

How Low Can It Go

Unique KeyEventSGHTS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-96.7%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven2931.0%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days

Compare to A, ATEC, CERS, POAS, TMO

In The Past

Sight Sciences's stock fell -96.7% during the 2022 Inflation Shock from a high on 8/9/2021. A -96.7% loss requires a 2931.0% 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 Sight Sciences (SGHT)

Sight Sciences, Inc., an ophthalmic medical device company, engages in the development and commercialization of surgical and nonsurgical technologies for the treatment of eye diseases. The company's products include OMNI Surgical System, a therapeutic device used by ophthalmic surgeons to reduce intraocular pressure in adult glaucoma patients; and TearCare System, a wearable eyelid technology for the treatment of dry eye disease (DED) for ophthalmologists and optometrists. It offers its products through sales representatives and distributors to hospitals, medical centers, and eyecare professionals in the United States. The company was incorporated in 2010 and is headquartered in Menlo Park, California.

AI Analysis | Feedback

Here are 1-3 brief analogies for Sight Sciences (SGHT):

  • Like a specialized Alcon (ALC), but focusing on innovative surgical and non-surgical devices for glaucoma and dry eye.
  • Imagine a Dexcom (DXCM) or Insulet (PODD) for ophthalmology, developing specialized medical devices for chronic eye conditions like glaucoma and dry eye.

AI Analysis | Feedback

```html
  • OMNI Surgical System: A therapeutic device used to reduce intraocular pressure in adult glaucoma patients.
  • TearCare System: A wearable eyelid technology for the treatment of dry eye disease (DED).
```

AI Analysis | Feedback

Sight Sciences (SGHT) sells its products primarily to other companies and institutions within the healthcare sector. Its major customers are:

  1. Hospitals
  2. Medical Centers
  3. Eyecare Professionals (including ophthalmologists and optometrists, often operating in private practices or clinics)

AI Analysis | Feedback

null

AI Analysis | Feedback

Paul Badawi, Founder & Chief Executive Officer

Paul Badawi is the co-founder and Chief Executive Officer of Sight Sciences, Inc., serving in this role since 2011. He is a co-inventor of several of the company's key products, including the OMNI Surgical System and the TearCare System. Prior to co-founding Sight Sciences, Paul led the U.S. healthcare venture capital practice for 3i Group, a global private equity firm. In this role, he managed a portfolio of 12 medical device investments and $120 million invested, and served as a lead investor and board member for companies such as Ulthera (acquired by Merz), Xthetix (acquired by J&J), and NeoGuide (acquired by Intuitive Surgical). His prior experience also includes working as a Research Fellow at the National Institutes of Health.

James Rodberg, Chief Financial Officer and Treasurer

James Rodberg became the Chief Financial Officer of Sight Sciences, Inc. in November 2025, succeeding Alison Bauerlein. He joined Sight Sciences in early 2021 as Vice President of Finance and Corporate Controller and also served as interim CFO in 2023. With two decades of experience in public accounting and company finance leadership, his previous roles include Vice President of Finance, Planning and Analysis at nVent Electric, and Director of Finance at Abbott Laboratories. He also held several increasingly senior finance and accounting positions at St. Jude Medical prior to its acquisition by Abbott.

Alison Bauerlein, Chief Operating Officer

Alison Bauerlein was appointed Chief Operating Officer of Sight Sciences, Inc. in November 2025, a newly created position. She previously served as the company's Chief Financial Officer since joining in April 2023. Her experience includes leading global finance and accounting functions, investor relations, and business development, and she previously worked at Inogen, a medical technology company.

Dr. David Badawi, M.D., Founder & Chief Technology Officer

Dr. David Badawi is a co-founder and the Chief Technology Officer of Sight Sciences, Inc.

Jeremy Hayden, General Counsel & Chief Compliance Officer

Jeremy Hayden serves as the General Counsel & Chief Compliance Officer for Sight Sciences, Inc. He brings over 20 years of experience providing legal counsel to life science businesses, including serving as General Counsel and Chief Compliance Officer for Endologix, Inc., and General Counsel at Cytori Therapeutics, Inc. He was also a senior legal team member of Volcano prior to its acquisition by Royal Philips.

AI Analysis | Feedback

The key risks to Sight Sciences (SGHT) include:

  1. Persistent Cash Burn and Unprofitability: Sight Sciences faces ongoing financial challenges with a persistent cash burn and has been noted as currently unprofitable, with forecasts suggesting it may not achieve profitability within the next three years. The company has posted significant net losses, indicating struggles in achieving and maintaining a positive earnings profile despite efforts to manage costs.
  2. Delayed or Restrictive Insurance Coverage and Reimbursement: The company has encountered significant challenges with insurance coverage and reimbursement for its products, particularly the TearCare System. This issue limits the uptake of its technologies and has flattened revenue growth, making market access and reimbursement expansion critical for future success.
  3. Increasing Competition in the Minimally Invasive Glaucoma Surgery (MIGS) Market: Sight Sciences operates in a competitive landscape, specifically within the MIGS market with its OMNI Surgical System. The company faces increasing competition from other medical device companies, which can impact its market share and pricing power.

AI Analysis | Feedback

null

AI Analysis | Feedback

Sight Sciences (NASDAQ: SGHT) addresses significant markets with its primary products. For its OMNI Surgical System, used to reduce intraocular pressure in adult glaucoma patients, the company targets an addressable market in the United States of approximately $6 billion. This U.S. market opportunity is further segmented into roughly $1.0 billion within the combination cataract procedure market and $5.0 billion in the standalone procedure market. The TearCare System, which treats dry eye disease (DED), has an estimated addressable market opportunity in the United States of about $3 billion. The broader U.S. market for dry eye treatments was valued at $2.4 billion in 2025.

AI Analysis | Feedback

Sight Sciences (NASDAQ: SGHT) is expected to drive future revenue growth over the next 2-3 years through several key strategies centered around its core product portfolio and market expansion efforts.

  1. Continued Adoption and Enhancement of the OMNI Surgical System for Interventional Glaucoma: The OMNI Surgical System, a therapeutic device for reducing intraocular pressure in adult glaucoma patients, is projected to sustain growth, particularly through increasing its market share within the minimally invasive glaucoma surgery (MIGS) sector. This growth is further bolstered by targeted investments in standalone market education and commercialization. The recent launch of the OMNI Edge Surgical System in April 2025, featuring higher viscoelastic capacity and TruSync™ technology, is anticipated to enhance the product's appeal and drive increased adoption. Additionally, real-world data demonstrating OMNI's long-term effectiveness in reducing intraocular pressure (IOP) and medication use supports its continued utilization. Expanded coverage, such as UnitedHealthcare's inclusion of OMNI for glaucoma procedures starting October 2025, is also expected to broaden market reach.
  2. Rebound and Scaling of the TearCare System for Interventional Dry Eye: Sight Sciences anticipates a significant rebound in revenue from its Interventional Dry Eye segment, with projections of $5 million to $7 million in 2026, a substantial increase from $1.6 million in 2025. This expected growth is largely attributed to recent reimbursement gains, including the establishment of pricing for CPT code 0563T by Novitas and First Coast Service Options. The company plans to dedicate expanded market access and commercial resources to scale the reimbursed dry eye market. Clinical evidence also supports TearCare's efficacy in improving meibomian gland function and ocular surface health, and it has demonstrated cost savings and greater health utility compared to other treatments, which could encourage further adoption.
  3. Expansion of Market Access and Commercial Resources: To support the growth of both its glaucoma and dry eye segments, Sight Sciences plans to modestly increase adjusted operating expenses in 2026. These strategic investments are aimed at funding expanded market access and commercial resources, particularly to scale the reimbursed dry eye market and pursue opportunities in the pseudophakic standalone glaucoma market. Efforts include increasing the number of ordering accounts and enhancing utilization within existing customer bases across both interventional glaucoma and interventional dry eye.

AI Analysis | Feedback

Share Issuance

  • Sight Sciences' issuance of common stock peaked in December 2021 at $257 million.
  • The median issuance of common stock from fiscal years ending December 2020 to 2024 was $1.248 million.
  • In Q4 2025, Sight Sciences had 53 million shares outstanding, which was an increase of 1.2% from the prior quarter.

Capital Expenditures

  • Sight Sciences invested -$156,000 in capital expenditures in Q4 2025.
  • Over the last 12 months, capital expenditures for Sight Sciences were -$224,000.
  • The company anticipates adjusted operating expenses for full year 2026 to range from $93 million to $96 million, an increase of 6% to 9% compared to 2025, driven by targeted investments in market access and commercial resources for its business segments.

Better Bets vs. Sight Sciences (SGHT)

Latest Trefis Analyses

Title
0ARTICLES

Trade Ideas

Select ideas related to SGHT.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
PGNY_3312026_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG03312026PGNYProgynyDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
0.0%0.0%0.0%
CNC_3272026_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG03272026CNCCenteneDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
2.3%2.3%-0.6%
OSCR_3272026_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG03272026OSCROscar HealthDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
3.0%3.0%-2.6%
WAT_3202026_Monopoly_xInd_xCD_Getting_Cheaper03202026WATWatersMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-0.4%-0.4%-3.3%
GILD_3202026_Quality_Momentum_RoomToRun_10%03202026GILDGilead SciencesQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
1.6%1.6%-2.2%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

SGHTAATECCERSPOASTMOMedian
NameSight Sc.Agilent .Alphatec Cerus Phaos Te.Thermo F. 
Mkt Price3.50115.3911.071.911.92500.467.29
Mkt Cap0.232.71.70.4-187.21.7
Rev LTM777,065764206-44,555764
Op Inc LTM-371,456-58-9-8,109-9
FCF LTM-30993-41-6,2931
FCF 3Y Avg-341,318-103-13-6,829-13
CFO LTM-301,396455-7,81845
CFO 3Y Avg-331,685-26-9-8,297-9

Growth & Margins

SGHTAATECCERSPOASTMOMedian
NameSight Sc.Agilent .Alphatec Cerus Phaos Te.Thermo F. 
Rev Chg LTM-3.1%8.1%25.0%14.3%-3.9%8.1%
Rev Chg 3Y Avg3.0%0.8%29.7%8.7%--0.2%3.0%
Rev Chg Q6.9%7.0%20.4%13.7%-7.2%7.2%
QoQ Delta Rev Chg LTM1.7%1.7%5.0%3.5%-1.9%1.9%
Op Mgn LTM-48.0%20.6%-7.6%-4.2%-18.2%-4.2%
Op Mgn 3Y Avg-60.6%20.9%-19.5%-9.6%-17.8%-9.6%
QoQ Delta Op Mgn LTM11.7%-0.7%2.5%0.6%--0.2%0.6%
CFO/Rev LTM-38.4%19.8%5.9%2.3%-17.5%5.9%
CFO/Rev 3Y Avg-41.5%25.0%-5.9%-6.3%-19.1%-5.9%
FCF/Rev LTM-38.6%14.1%-0.6%0.5%-14.1%0.5%
FCF/Rev 3Y Avg-42.1%19.5%-19.1%-8.4%-15.7%-8.4%

Valuation

SGHTAATECCERSPOASTMOMedian
NameSight Sc.Agilent .Alphatec Cerus Phaos Te.Thermo F. 
Mkt Cap0.232.71.70.4-187.21.7
P/S2.44.62.21.8-4.22.4
P/EBIT-5.621.2-17.3-52.9-21.4-5.6
P/E-4.825.3-11.7-23.5-27.9-4.8
P/CFO-6.323.437.275.9-23.923.9
Total Yield-20.7%4.8%-8.5%-4.3%-3.6%-4.3%
Dividend Yield0.0%0.9%0.0%0.0%-0.0%0.0%
FCF Yield 3Y Avg-12.8%3.4%-6.2%-3.0%-3.3%-3.0%
D/E0.20.10.40.3-0.20.2
Net D/E-0.30.00.30.0-0.20.0

Returns

SGHTAATECCERSPOASTMOMedian
NameSight Sc.Agilent .Alphatec Cerus Phaos Te.Thermo F. 
1M Rtn-12.7%0.2%-11.5%7.9%11.6%0.1%0.1%
3M Rtn-53.5%-20.7%-51.2%-8.6%-44.3%-17.4%-32.5%
6M Rtn3.6%-17.3%-19.5%14.4%-50.1%-6.2%-11.8%
12M Rtn48.9%8.7%10.1%37.4%-50.1%10.7%10.4%
3Y Rtn-59.6%-14.5%-30.6%-32.5%-50.1%-12.1%-31.5%
1M Excs Rtn-13.4%-0.4%-12.1%7.3%11.0%-0.6%-0.5%
3M Excs Rtn-51.6%-20.4%-48.2%-7.2%-42.5%-17.4%-31.4%
6M Excs Rtn-0.8%-18.0%-19.3%17.7%-51.8%-8.7%-13.3%
12M Excs Rtn23.6%-22.5%-24.2%19.2%-84.9%-20.1%-21.3%
3Y Excs Rtn-124.1%-79.8%-95.4%-98.7%-115.6%-76.9%-97.0%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil2025202420232022
Surgical Glaucoma74664626
Dry Eye7622
Total81714928


Price Behavior

Price Behavior
Market Price$3.50 
Market Cap ($ Bil)0.2 
First Trading Date07/15/2021 
Distance from 52W High-61.3% 
   50 Days200 Days
DMA Price$4.69$5.09
DMA Trendindeterminatedown
Distance from DMA-25.3%-31.3%
 3M1YR
Volatility80.2%81.4%
Downside Capture2.681.45
Upside Capture187.87250.22
Correlation (SPY)36.3%38.1%
SGHT Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta3.832.692.252.761.481.70
Up Beta-2.500.372.452.101.531.47
Down Beta-1.010.630.902.060.341.22
Up Capture948%394%135%598%524%879%
Bmk +ve Days7162765139424
Stock +ve Days10172657114344
Down Capture456%336%316%212%152%113%
Bmk -ve Days12233358110323
Stock -ve Days12253766127384

[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 SGHT
SGHT90.1%80.6%1.14-
Sector ETF (XLV)12.6%16.8%0.5431.7%
Equity (SPY)29.1%17.4%1.3638.4%
Gold (GLD)61.3%27.8%1.72-0.4%
Commodities (DBC)26.9%16.7%1.414.5%
Real Estate (VNQ)17.7%15.4%0.8630.8%
Bitcoin (BTCUSD)-10.9%43.9%-0.1422.5%

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 SGHT
SGHT-34.0%91.3%-0.02-
Sector ETF (XLV)6.7%14.6%0.2825.9%
Equity (SPY)11.4%17.0%0.5233.6%
Gold (GLD)22.2%17.8%1.025.4%
Commodities (DBC)11.5%18.8%0.505.6%
Real Estate (VNQ)3.7%18.8%0.1025.8%
Bitcoin (BTCUSD)3.6%56.5%0.2914.6%

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 SGHT
SGHT-18.8%91.3%-0.02-
Sector ETF (XLV)10.0%16.5%0.5025.9%
Equity (SPY)13.9%17.9%0.6733.6%
Gold (GLD)14.1%15.9%0.745.4%
Commodities (DBC)8.5%17.6%0.405.6%
Real Estate (VNQ)5.1%20.7%0.2125.8%
Bitcoin (BTCUSD)67.1%66.9%1.0614.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date3132026
Short Interest: Shares Quantity1.1 Mil
Short Interest: % Change Since 228202610.3%
Average Daily Volume0.6 Mil
Days-to-Cover Short Interest1.9 days
Basic Shares Quantity53.1 Mil
Short % of Basic Shares2.1%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
3/4/2026-26.8%-31.6%-34.9%
11/6/202516.4%41.0%66.8%
8/7/202519.4%19.7%3.9%
3/5/20252.9%11.2%-7.9%
11/7/2024-9.6%-17.5%-14.7%
8/1/2024-15.0%-21.4%-8.8%
3/7/20246.1%-4.1%17.4%
11/7/2023-1.9%-1.9%26.2%
...
SUMMARY STATS   
# Positive745
# Negative81110
Median Positive7.6%21.1%26.2%
Median Negative-7.6%-9.5%-19.9%
Max Positive34.9%41.0%66.8%
Max Negative-26.8%-31.6%-44.1%

SEC Filings

Expand for More
Report DateFiling DateFiling
12/31/202503/04/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202403/07/202510-K
09/30/202411/07/202410-Q
06/30/202408/02/202410-Q
03/31/202405/06/202410-Q
12/31/202303/13/202410-K
09/30/202311/07/202310-Q
06/30/202308/07/202310-Q
03/31/202305/08/202310-Q
12/31/202203/16/202310-K
09/30/202211/10/202210-Q
06/30/202208/11/202210-Q
03/31/202205/10/202210-Q

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Badawi, PaulPresident and CEODirectSell10620267.4325,356188,39544,112,995Form
2Badawi, PaulPresident and CEODirectSell10620267.4811,87088,78844,321,064Form
3Hayden, Jeremy BChief Legal OfficerDirectSell10620267.829,38573,3911,933,143Form
4Hayden, Jeremy BChief Legal OfficerDirectSell10620267.481,78513,3521,835,742Form
5Badawi, DavidChief Technology OfficerDirectSell10620267.432,91421,65114,294,243Form