Stewards (SWRD)
Market Price (9/21/2026): $2.06 | Market Cap: $-Sector: Financials | Industry: Consumer Finance
Stewards (SWRD)
Market Price (9/21/2026): $2.06Market Cap: $-Sector: FinancialsIndustry: Consumer Finance
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Weak multi-year price returns2Y Excs Rtn is -100%, 3Y Excs Rtn is -135% | High stock price volatilityVol 12M is 138% Key risksSWRD key risks include [1] potential defaults from the small and medium-sized businesses it provides with alternative financing and [2] volatility in the real estate market impacting the performance of its property portfolio. |
| Weak multi-year price returns2Y Excs Rtn is -100%, 3Y Excs Rtn is -135% |
| High stock price volatilityVol 12M is 138% |
| Key risksSWRD key risks include [1] potential defaults from the small and medium-sized businesses it provides with alternative financing and [2] volatility in the real estate market impacting the performance of its property portfolio. |
Qualitative Assessment
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Updated on 9/17/2026
Stewards (SWRD) stock has lost about 30% since 5/31/2026 because of the following key factors:
1. Deteriorating Financial Performance and Increasing Net Losses.
Stewards (SWRD) reported a significant increase in net losses for its fiscal Q2 2026, which ended June 30, 2026. The company's net loss surged to $7.24 million, a substantial increase from $2.21 million in the prior year's fiscal Q2. Additionally, revenue for fiscal Q2 2026 was $3.47 million, representing a 10.03% decrease compared to the previous quarter. This ongoing unprofitability and declining revenue indicate fundamental weaknesses in the company's operations.
2. Acute Liquidity Concerns and High Financial Leverage.
The company faces considerable liquidity challenges, having utilized $10.1 million of cash in operations during the first half of fiscal 2026 and possessing only $1.1 million in unrestricted cash as of June 30, 2026. Stewards is heavily reliant on external financing, including a related-party commitment for at least $24.0 million over the next twelve months and a recently agreed secured $1.5 million bridge loan due by September 21, 2026. Furthermore, its real estate assets, such as the 1818 Park property, are highly leveraged with a $69 million senior mortgage and $10 million mezzanine financing following a July 2026 refinancing, contributing to a high leverage ratio of 86.8 and an interest burden of approximately $3.3 million that reportedly overwhelms gross profit.
Show more
Stewards (SWRD) stock has lost about 30% since 5/31/2026 because of the following key factors:
1. Deteriorating Financial Performance and Increasing Net Losses.
Stewards (SWRD) reported a significant increase in net losses for its fiscal Q2 2026, which ended June 30, 2026. The company's net loss surged to $7.24 million, a substantial increase from $2.21 million in the prior year's fiscal Q2. Additionally, revenue for fiscal Q2 2026 was $3.47 million, representing a 10.03% decrease compared to the previous quarter. This ongoing unprofitability and declining revenue indicate fundamental weaknesses in the company's operations.
2. Acute Liquidity Concerns and High Financial Leverage.
The company faces considerable liquidity challenges, having utilized $10.1 million of cash in operations during the first half of fiscal 2026 and possessing only $1.1 million in unrestricted cash as of June 30, 2026. Stewards is heavily reliant on external financing, including a related-party commitment for at least $24.0 million over the next twelve months and a recently agreed secured $1.5 million bridge loan due by September 21, 2026. Furthermore, its real estate assets, such as the 1818 Park property, are highly leveraged with a $69 million senior mortgage and $10 million mezzanine financing following a July 2026 refinancing, contributing to a high leverage ratio of 86.8 and an interest burden of approximately $3.3 million that reportedly overwhelms gross profit.
Show more
Updated on 9/17/2026
Stewards (SWRD) stock has lost about 30% since 5/31/2026 because of the following key factors:
1. Deteriorating Financial Performance and Increasing Net Losses.
Stewards (SWRD) reported a significant increase in net losses for its fiscal Q2 2026, which ended June 30, 2026. The company's net loss surged to $7.24 million, a substantial increase from $2.21 million in the prior year's fiscal Q2. Additionally, revenue for fiscal Q2 2026 was $3.47 million, representing a 10.03% decrease compared to the previous quarter. This ongoing unprofitability and declining revenue indicate fundamental weaknesses in the company's operations.
2. Acute Liquidity Concerns and High Financial Leverage.
The company faces considerable liquidity challenges, having utilized $10.1 million of cash in operations during the first half of fiscal 2026 and possessing only $1.1 million in unrestricted cash as of June 30, 2026. Stewards is heavily reliant on external financing, including a related-party commitment for at least $24.0 million over the next twelve months and a recently agreed secured $1.5 million bridge loan due by September 21, 2026. Furthermore, its real estate assets, such as the 1818 Park property, are highly leveraged with a $69 million senior mortgage and $10 million mezzanine financing following a July 2026 refinancing, contributing to a high leverage ratio of 86.8 and an interest burden of approximately $3.3 million that reportedly overwhelms gross profit.
3. Potential for Significant Share Dilution.
The prospect of increased share dilution has weighed on the stock. Stewards filed a prospectus supplement on September 14, 2026, covering the resale of up to 20,621,250 shares of common stock by existing selling stockholders, which includes shares from a prior private placement and shares issuable upon the exercise of warrants. Concurrently, an amendment to the Series A Preferred Stock rights was approved on September 9, 2026, increasing the "Maximum Percentage" for conversion from 9.99% to 100%, allowing for greater potential conversion of preferred shares into common stock and thus further dilution.
4. Highly Speculative Nature and Valuation Disconnect from Fundamentals.
Analysts characterize Stewards as a "highly speculative, loss-making credit finance player with extreme leverage and minimal equity," noting that its valuation is "wholly disconnected from fundamentals". The company's stock has exhibited highly unstable price behavior with sharp swings, making it a high-risk trading vehicle rather than a stable investment. This inherent speculative nature amplifies negative reactions to financial news and liquidity concerns, contributing to significant price declines.
Show less
Stewards (SWRD) stock has lost about 30% since 5/31/2026 because of the following key factors:
1. Deteriorating Financial Performance and Increasing Net Losses.
Stewards (SWRD) reported a significant increase in net losses for its fiscal Q2 2026, which ended June 30, 2026. The company's net loss surged to $7.24 million, a substantial increase from $2.21 million in the prior year's fiscal Q2. Additionally, revenue for fiscal Q2 2026 was $3.47 million, representing a 10.03% decrease compared to the previous quarter. This ongoing unprofitability and declining revenue indicate fundamental weaknesses in the company's operations.
2. Acute Liquidity Concerns and High Financial Leverage.
The company faces considerable liquidity challenges, having utilized $10.1 million of cash in operations during the first half of fiscal 2026 and possessing only $1.1 million in unrestricted cash as of June 30, 2026. Stewards is heavily reliant on external financing, including a related-party commitment for at least $24.0 million over the next twelve months and a recently agreed secured $1.5 million bridge loan due by September 21, 2026. Furthermore, its real estate assets, such as the 1818 Park property, are highly leveraged with a $69 million senior mortgage and $10 million mezzanine financing following a July 2026 refinancing, contributing to a high leverage ratio of 86.8 and an interest burden of approximately $3.3 million that reportedly overwhelms gross profit.
3. Potential for Significant Share Dilution.
The prospect of increased share dilution has weighed on the stock. Stewards filed a prospectus supplement on September 14, 2026, covering the resale of up to 20,621,250 shares of common stock by existing selling stockholders, which includes shares from a prior private placement and shares issuable upon the exercise of warrants. Concurrently, an amendment to the Series A Preferred Stock rights was approved on September 9, 2026, increasing the "Maximum Percentage" for conversion from 9.99% to 100%, allowing for greater potential conversion of preferred shares into common stock and thus further dilution.
4. Highly Speculative Nature and Valuation Disconnect from Fundamentals.
Analysts characterize Stewards as a "highly speculative, loss-making credit finance player with extreme leverage and minimal equity," noting that its valuation is "wholly disconnected from fundamentals". The company's stock has exhibited highly unstable price behavior with sharp swings, making it a high-risk trading vehicle rather than a stable investment. This inherent speculative nature amplifies negative reactions to financial news and liquidity concerns, contributing to significant price declines.
Show less
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Stock Movement Drivers
Fundamental Drivers
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Market Drivers
5/31/2026 to 9/20/2026| Return | Correlation | |
|---|---|---|
| SWRD | -28.3% | |
| Market (SPY) | 0.9% | 28.4% |
| Sector (XLF) | 8.3% | 12.3% |
Fundamental Drivers
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Market Drivers
2/28/2026 to 9/20/2026| Return | Correlation | |
|---|---|---|
| SWRD | -44.2% | |
| Market (SPY) | 11.6% | 26.0% |
| Sector (XLF) | 9.2% | 19.1% |
Fundamental Drivers
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Market Drivers
8/31/2025 to 9/20/2026| Return | Correlation | |
|---|---|---|
| SWRD | ||
| Market (SPY) | 19.4% | 24.4% |
| Sector (XLF) | 4.7% | 17.1% |
Fundamental Drivers
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Market Drivers
8/31/2023 to 9/20/2026| Return | Correlation | |
|---|---|---|
| SWRD | ||
| Market (SPY) | 75.6% | 24.4% |
| Sector (XLF) | 69.8% | 17.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SWRD Return | - | - | - | - | -15% | -58% | -64% |
| Peers Return | 43% | -7% | 21% | 18% | -8% | -1% | 72% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 103% |
Monthly Win Rates [3] | |||||||
| SWRD Win Rate | - | - | - | - | 50% | 22% | |
| Peers Win Rate | 72% | 43% | 65% | 65% | 45% | 47% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| SWRD Max Drawdown | - | - | - | - | - | -72% | |
| Peers Max Drawdown | -10% | -23% | -14% | -14% | -25% | -22% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ARCC, PSEC, FSK, MAIN, GBDC.
[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 9/18/2026 (YTD)
How Low Can It Go
SWRD has limited trading history. Below is the Financials sector ETF (XLF) in its place.
| Event | XLF | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -15.5% | -18.8% |
| % Gain to Breakeven | 18.4% | 23.1% |
| Time to Breakeven | 80 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -10.7% | -9.5% |
| % Gain to Breakeven | 12.0% | 10.5% |
| Time to Breakeven | 26 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -16.1% | -6.7% |
| % Gain to Breakeven | 19.1% | 7.1% |
| Time to Breakeven | 270 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -22.3% | -24.5% |
| % Gain to Breakeven | 28.6% | 32.4% |
| Time to Breakeven | 467 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.8% | -33.7% |
| % Gain to Breakeven | 74.8% | 50.9% |
| Time to Breakeven | 289 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -19.7% | -19.2% |
| % Gain to Breakeven | 24.5% | 23.8% |
| Time to Breakeven | 123 days | 105 days |
In The Past
State Street Financial Select Sector SPDR ETF's stock fell -15.5% during the 2025 US Tariff Shock. Such a loss loss requires a 18.4% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
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SWRD has limited trading history. Below is the Financials sector ETF (XLF) in its place.
| Event | XLF | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -22.3% | -24.5% |
| % Gain to Breakeven | 28.6% | 32.4% |
| Time to Breakeven | 467 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.8% | -33.7% |
| % Gain to Breakeven | 74.8% | 50.9% |
| Time to Breakeven | 289 days | 140 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -21.4% | -12.2% |
| % Gain to Breakeven | 27.3% | 13.9% |
| Time to Breakeven | 272 days | 62 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -26.1% | -17.9% |
| % Gain to Breakeven | 35.3% | 21.8% |
| Time to Breakeven | 162 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -78.3% | -53.4% |
| % Gain to Breakeven | 359.8% | 114.4% |
| Time to Breakeven | 2329 days | 1085 days |
In The Past
State Street Financial Select Sector SPDR ETF's stock fell -15.5% during the 2025 US Tariff Shock. Such a loss loss requires a 18.4% 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 Stewards (SWRD)
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AI Analysis | Feedback
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- Financial Planning: Provides personalized strategies and advice to help clients achieve their financial goals.
- Investment Management: Manages client investment portfolios, including asset allocation, security selection, and ongoing monitoring.
- Wealth Management: Offers comprehensive financial services for high-net-worth individuals, integrating investment, tax, estate, and retirement planning.
AI Analysis | Feedback
Stewards (SWRD) is a Special Purpose Acquisition Company (SPAC). As a SPAC, it does not currently have commercial operations, products, or services to sell. Its primary purpose is to raise capital through an initial public offering (IPO) to acquire or merge with an existing operating business. Therefore, Stewards (SWRD) does not have major customers in the traditional sense.
AI Analysis | Feedback
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Stewards Inc. (symbol: SWRD) is a diversified financial company operating across private credit, real assets, and digital finance. The company was formerly known as FAVO Capital, Inc. and changed its name to Stewards Inc. in October 2025.
Here is the management team for Stewards:
Shaun Quin, Chief Executive Officer and President
Shaun Quin was appointed Chief Executive Officer and President of Stewards in April 2026. He previously served as the company's President and has been deeply involved in building the company's platform, scaling its operations, and advancing its capital markets strategy.
Katy Murless, Chief Financial Officer
Katy Murless has been instrumental in strengthening Stewards' financial infrastructure, reporting processes, governance framework, and internal controls. Her focus is on building a scalable organization with a robust financial and operational foundation.
Glen Steward, Chairman of the Board
Glen Steward is the founder of the Stewards global investment business, which he established over 27 years ago through Stewards International Limited. His organization has specialized in delivering investment strategies and capital solutions to high-net-worth individuals and institutional investors across Mauritius, South Africa, and the United States. Mr. Steward has an extensive background as a Director and Board Member of various financial industry companies, including holding positions on the board of two asset management companies registered by the Financial Sector Conduct Authority (FSCA) South Africa and Financial Services Commission (FSC) Mauritius. He also founded Stewards International Funds PCC and gained valuable experience working for renowned investment banks such as Merrill Lynch and DMG Deutsche Morgan Grenfell. His strategic acumen played a pivotal role in the integration of the FAVO Group of Companies into Stewards Inc.
Vaughan Korte, Chief Operating Officer
Scott McGowan, Chief Marketing Officer
Scott McGowan was appointed Chief Marketing Officer to lead the company's integrated marketing and communications strategy. He is responsible for corporate messaging, brand development, and investor engagement as Stewards expands its operating segments. Mr. McGowan brings more than 20 years of experience in marketing, communications, and investor relations.
Shaun Quin, Chief Executive Officer and President
Shaun Quin was appointed Chief Executive Officer and President of Stewards in April 2026. He previously served as the company's President and has been deeply involved in building the company's platform, scaling its operations, and advancing its capital markets strategy.
Katy Murless, Chief Financial Officer
Katy Murless has been instrumental in strengthening Stewards' financial infrastructure, reporting processes, governance framework, and internal controls. Her focus is on building a scalable organization with a robust financial and operational foundation.
Glen Steward, Chairman of the Board
Glen Steward is the founder of the Stewards global investment business, which he established over 27 years ago through Stewards International Limited. His organization has specialized in delivering investment strategies and capital solutions to high-net-worth individuals and institutional investors across Mauritius, South Africa, and the United States. Mr. Steward has an extensive background as a Director and Board Member of various financial industry companies, including holding positions on the board of two asset management companies registered by the Financial Sector Conduct Authority (FSCA) South Africa and Financial Services Commission (FSC) Mauritius. He also founded Stewards International Funds PCC and gained valuable experience working for renowned investment banks such as Merrill Lynch and DMG Deutsche Morgan Grenfell. His strategic acumen played a pivotal role in the integration of the FAVO Group of Companies into Stewards Inc.
Vaughan Korte, Chief Operating Officer
Scott McGowan, Chief Marketing Officer
Scott McGowan was appointed Chief Marketing Officer to lead the company's integrated marketing and communications strategy. He is responsible for corporate messaging, brand development, and investor engagement as Stewards expands its operating segments. Mr. McGowan brings more than 20 years of experience in marketing, communications, and investor relations.
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The key risks to Stewards (SWRD) business are primarily associated with its core operations in private credit and real assets, alongside broader economic factors.
- Credit Risk and Economic Downturns: Stewards is a diversified financial company that primarily offers private credit and alternative financing solutions, such as revenue-based funding and merchant cash advances, to small and medium-sized businesses (SMBs). A significant risk stems from the potential for these SMBs to default on their financings, particularly during periods of economic downturns. General economic conditions directly impact the ability of these businesses to repay their obligations, thereby affecting Stewards' credit performance and profitability.
- Real Estate Market Volatility: As a company with a complementary business platform in real assets, Stewards is involved in building a portfolio of income-producing real estate. This exposes the company to risks associated with the inherent volatility of the real estate market. Fluctuations in property values, changes in rental income, and shifts in interest rates can negatively impact the value and performance of its real estate investments.
- Competition in the Alternative Lending Market: Stewards operates within the private credit and alternative lending industry, a sector that is experiencing growth but is also characterized by significant competition. The company faces ongoing risks related to intense competition from other alternative lenders, as well as from traditional financial institutions. This competitive landscape could impact Stewards' ability to attract and retain clients, maintain its market share, and achieve its growth objectives.
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Stewards (SWRD) operates in the financial services sector, primarily focusing on private credit and real assets. The addressable markets for its main products and services are substantial, predominantly within the United States.
For its **Private Credit** offerings, which include financing and structured credit solutions to small and mid-sized businesses (SMBs), the addressable market in the U.S. is considerable:
* The U.S. private credit market is estimated at approximately $1.3 trillion as of late 2025 to early 2026. This market is projected to expand, with an estimated size of USD 1.96 trillion in 2026.
* Small and medium enterprises (SMEs) constituted a significant portion of this market, holding a 65.25% share of the private credit market in 2025.
* Within private credit, Stewards also offers revenue-based financing. The global revenue-based financing market was valued at USD 15.86 billion in 2026 and is projected to reach USD 109.75 billion by 2030, growing at a compound annual growth rate (CAGR) of 62.2%. North America is a dominant region in this market, accounting for 48% of the share in 2025, with the United States making up 84% of regional transactions. SMEs held 86.1% of the revenue-based financing market share in 2025.
Regarding its **Real Assets** business, which involves building a portfolio of income-producing real estate (residential, mixed-use, and commercial properties), the U.S. market is vast:
* The overall U.S. commercial real estate (CRE) market has an estimated investable universe exceeding $26 trillion. Of this, the institutional-quality portion is approximately $11.7 trillion.
* The United States commercial real estate market size was valued at USD 1.67 trillion in 2025 and is projected to reach USD 1.72 trillion in 2026, with an anticipated growth to USD 2.18 trillion by 2034. Corporates and SMEs alone represented 43.5% of the U.S. commercial real estate market share in 2025.
* Another estimate indicates the U.S. commercial real estate market size is expected to increase from USD 1.7 trillion in 2025 to USD 1.75 trillion in 2026.
The company's engagement with "digital treasury assets" is described as a strategy to enhance balance sheet stability rather than a product or service offered to an external market, therefore an addressable market size is not applicable for this segment.
AI Analysis | Feedback
Stewards (symbol: SWRD) is a diversified financial platform focused on private credit, real assets, and technology-enabled financial infrastructure. The company provides alternative financing solutions to small and mid-sized businesses and is expanding its portfolio of income-producing real estate and digital treasury assets.
Here are 3-5 expected drivers of future revenue growth for Stewards over the next 2-3 years:
- Expansion of Private Credit Lending to Small and Mid-Sized Businesses: Stewards' core business involves providing various alternative financing solutions, such as revenue-based funding, equipment financing, business term loans, merchant cash advances, and lines of credit, to small and mid-sized businesses across the United States. Future revenue growth is expected to be driven by increasing the volume of direct and syndicated funding originated through this platform and potentially expanding the range of financing products offered.
- Growth of the Real Assets Portfolio: The company is actively building and expanding its portfolio of income-producing real estate and digital treasury assets. This strategy is intended to enhance balance sheet stability and provide additional revenue streams. Continued investment in and acquisition of new real estate properties and digital assets, as evidenced by recent refinancing activities, are anticipated to drive growth through rental income, asset appreciation, and other related returns.
- Leveraging Technology and AI for Operational Efficiency and New Offerings: Stewards emphasizes the use of technology-driven analytics in its underwriting processes and governance. Ongoing investments in technology and automation, including the deployment of AI infrastructure across its private credit platform, are expected to improve operational efficiency in origination and underwriting. This focus on technology could also lead to the development of new, innovative financial products or services, opening up additional revenue streams.
- Strategic Mergers and Acquisitions: The company's history, including its corporate name and ticker change from FAVO Capital Inc. to Stewards Inc., suggests a strategy that may involve strategic acquisitions or partnerships. Future revenue growth could be fueled by acquiring other financing platforms, complementary businesses, or additional real estate portfolios, thereby expanding Stewards' market share, customer base, and asset under management.
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Share Issuance
- Stewards is registering for resale up to 20,621,250 shares of common stock by existing selling stockholders, originating from prior private placements and related warrants.
- The company will not receive proceeds from the resale of these shares, but may receive cash if the associated warrants and pre-funded warrants are exercised.
- Shareholders experienced dilution in the past year, with total shares outstanding increasing by 15.9%.
Inbound Investments
- FAVO Capital Inc., the predecessor to Stewards Inc., secured an $8 million Series A Preferred Investment from Stewards Investment Capital.
Outbound Investments
- Stewards acquired the 1818 Park property in July 2025 for $74.3 million, funded through stock and assumed debt, as part of its real estate division expansion.
- Since 2020, the company's private credit platform has originated over $153 million in cumulative direct and syndicated funding for more than 10,000 small businesses.
Capital Expenditures
- Stewards has been investing in technology and automation to enhance its origination, underwriting, and overall operating efficiency.
- Initial investments have been made in app development and analytics to improve operational efficiency and the borrower experience.
- The company is developing an advanced digital platform aimed at enhancing client engagement and streamlining funding processes.
Peer Outperformance in Consumer Finance
nullShare of Consumer Finance constituents that SWRD has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
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Median price return by industry across the Financials sector, ranked by 5Y. Consumer Finance is SWRD's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Reinsurance | 6 | 24.2% | 70.6% | 133.7% | SPNT 170% · RGA 154% · RNR 140% |
| Investment Banking & Brokerage | 13 | -1.7% | 105.1% | 116.5% | IBKR 527% · SNEX 257% · HOOD 183% |
| Diversified Banks | 12 | 27.5% | 129.8% | 116.3% | CM 161% · JPM 159% · RY 149% |
| Life & Health Insurance | 20 | 8.6% | 57.6% | 105.8% | JXN 534% · UNM 373% · FG 207% |
| Multi-Sector Holdings | 4 | 6.8% | 50.2% | 87.3% | JONE 361% · VOYA 88% · BRK-B 87% |
| Property & Casualty Insurance | 42 | 9.6% | 67.5% | 67.8% | ASIC 2760900% · HRTG 445% · UVE 331% |
| Regional Banks | 265 | 23.9% | 91.7% | 67.1% | ESQ 391% · GCBC 340% · VBNK 335% |
| Multi-line Insurance | 9 | 8.8% | 71.2% | 64.1% | GNW 201% · L 112% · SLF 104% |
| Financial Exchanges & Data | 15 | -0.1% | 17.4% | 32.7% | VIRT 184% · CBOE 135% · CME 83% |
| Diversified Financial Services | 4 | -7.3% | 22.1% | 32.6% | FRHC 168% · EQH 119% · TMS -54% |
| Consumer Finance ← | 30 | 1.7% | 89.6% | 26.9% | ENVA 447% · EZPW 319% · FCFS 168% |
| Insurance Brokers | 16 | -15.1% | -6.3% | 20.3% | LIFE 200% · ARX 87% · AJG 70% |
| Commercial & Residential Mortgage Finance | 14 | -50.2% | 32.8% | 13.9% | FNMA 454% · FMCC 436% · ACT 204% |
| Asset Management & Custody Banks | 84 | -11.7% | 17.6% | 12.0% | WT 348% · SII 279% · VCTR 274% |
| Specialized Finance | 3 | 14.0% | 42.2% | -2.8% | EFC 27% · CACC -3% · HASI -16% |
| Mortgage REITs | 33 | -13.0% | 7.4% | -16.5% | NREF 53% · RITM 42% · DX 34% |
| Transaction & Payment Processing Services | 15 | -1.0% | -5.9% | -42.9% | V 74% · MA 73% · CPAY 58% |
| Diversified Capital Markets | 20 | -36.3% | 20.7% | -48.1% | OPY 196% · LPLA 136% · GOLD 90% |
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 11.91 |
| Mkt Cap | 3.3 |
| Rev LTM | 203 |
| Op Inc LTM | - |
| FCF LTM | 516 |
| FCF 3Y Avg | 316 |
| CFO LTM | 516 |
| CFO 3Y Avg | 316 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -24.5% |
| Rev Chg 3Y Avg | 16.4% |
| Rev Chg Q | 22.8% |
| QoQ Delta Rev Chg LTM | 6.3% |
| Op Inc Chg LTM | - |
| Op Inc Chg 3Y Avg | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 120.0% |
| CFO/Rev 3Y Avg | 3.0% |
| FCF/Rev LTM | 120.0% |
| FCF/Rev 3Y Avg | 3.0% |
Price Behavior
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SWRD Betas & Captures as of 8/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.82 | 0.60 | 0.85 | 1.00 | 1.35 | 0.09 |
| Up Beta | 4.42 | 1.50 | -0.04 | 2.16 | 0.48 | 1.02 |
| Down Beta | -2.06 | -0.05 | 1.66 | 1.62 | 1.06 | 0.24 |
| Up Capture | -159% | 162% | 110% | 9% | 5% | 0% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 9 | 15 | 16 | 25 | 40 | 40 |
| Down Capture | 54% | -172% | 33% | 41% | 91% | 50% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 10 | 16 | 20 | 29 | 42 | 42 |
[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 SWRD | |
|---|---|---|---|---|
| SWRD | -55.0% | 192.0% | -0.42 | - |
| Sector ETF (XLF) | 4.5% | 14.6% | 0.08 | 16.1% |
| Equity (SPY) | 16.9% | 12.9% | 0.94 | 13.4% |
| Gold (GLD) | 19.1% | 29.3% | 0.60 | 8.5% |
| Commodities (DBC) | 46.3% | 20.6% | 1.73 | -19.9% |
| Real Estate (VNQ) | 4.9% | 13.6% | 0.10 | 14.5% |
| Bitcoin (BTCUSD) | -30.6% | 44.3% | -0.70 | 2.0% |
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 SWRD | |
|---|---|---|---|---|
| SWRD | -14.7% | 192.0% | -0.42 | - |
| Sector ETF (XLF) | 10.1% | 18.4% | 0.41 | 16.1% |
| Equity (SPY) | 12.9% | 17.2% | 0.57 | 13.4% |
| Gold (GLD) | 19.1% | 18.8% | 0.83 | 8.5% |
| Commodities (DBC) | 11.2% | 19.5% | 0.45 | -19.9% |
| Real Estate (VNQ) | 1.1% | 18.8% | -0.05 | 14.5% |
| Bitcoin (BTCUSD) | 12.5% | 52.5% | 0.42 | 2.0% |
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 SWRD | |
|---|---|---|---|---|
| SWRD | -7.6% | 192.0% | -0.42 | - |
| Sector ETF (XLF) | 12.9% | 22.1% | 0.53 | 16.1% |
| Equity (SPY) | 15.1% | 18.0% | 0.72 | 13.4% |
| Gold (GLD) | 12.1% | 16.4% | 0.61 | 8.5% |
| Commodities (DBC) | 8.3% | 18.1% | 0.37 | -19.9% |
| Real Estate (VNQ) | 4.4% | 20.7% | 0.18 | 14.5% |
| Bitcoin (BTCUSD) | 62.6% | 66.2% | 1.02 | 2.0% |
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 | 08/14/2026 | 10-Q |
| 03/31/2014 | 05/20/2014 | 10-Q |
| 12/31/2013 | 04/14/2014 | 10-K |
| 09/30/2013 | 11/19/2013 | 10-Q |
| 06/30/2013 | 08/19/2013 | 10-Q |
| 03/31/2013 | 06/19/2013 | 10-Q |
| 12/31/2012 | 06/19/2013 | 10-K |
| 09/30/2012 | 11/13/2012 | 10-Q |
| 06/30/2012 | 08/20/2012 | 10-Q |
| 03/31/2012 | 05/16/2012 | 10-Q |
| 12/31/2011 | 04/02/2012 | 10-K |
| 09/30/2011 | 11/14/2011 | 10-Q |
| 06/30/2011 | 08/15/2011 | 10-Q |
| 03/31/2011 | 05/17/2011 | 10-Q |
| 12/31/2010 | 04/13/2011 | 10-K |
| 09/30/2010 | 11/22/2010 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/14/2026 | 10-Q |
| 03/31/2014 | 05/20/2014 | 10-Q |
| 12/31/2013 | 04/14/2014 | 10-K |
| 09/30/2013 | 11/19/2013 | 10-Q |
| 06/30/2013 | 08/19/2013 | 10-Q |
| 03/31/2013 | 06/19/2013 | 10-Q |
| 12/31/2012 | 06/19/2013 | 10-K |
| 09/30/2012 | 11/13/2012 | 10-Q |
| 06/30/2012 | 08/20/2012 | 10-Q |
| 03/31/2012 | 05/16/2012 | 10-Q |
| 12/31/2011 | 04/02/2012 | 10-K |
| 09/30/2011 | 11/14/2011 | 10-Q |
| 06/30/2011 | 08/15/2011 | 10-Q |
| 03/31/2011 | 05/17/2011 | 10-Q |
| 12/31/2010 | 04/13/2011 | 10-K |
| 09/30/2010 | 11/22/2010 | 10-Q |
| 06/30/2010 | 08/23/2010 | 10-Q |
| 03/31/2010 | 05/21/2010 | 10-Q |
| 12/31/2009 | 03/31/2010 | 10-K |
| 09/30/2009 | 11/23/2009 | 10-Q |
| 06/30/2009 | 08/14/2009 | 10-Q |
| 03/31/2009 | 05/15/2009 | 10-Q |
| 12/31/2008 | 04/07/2009 | 10-K |
Industry Resources
| Financials Resources |
| Federal Reserve Economic Data |
| Federal Reserve |
| FDIC Data |
| American Banker |
| The Banker |
| Banking Technology |
| Consumer Finance Resources |
| Consumer Financial Protection Bureau (CFPB) |
| InsideARM |
| The Nilson Report |
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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Core Cache Last Updated: 9/20/2026