TFI International (TFII)
Market Price (2/27/2026): $119.24 | Market Cap: $9.8 BilSector: Industrials | Industry: Cargo Ground Transportation
TFI International (TFII)
Market Price (2/27/2026): $119.24Market Cap: $9.8 BilSector: IndustrialsIndustry: Cargo Ground Transportation
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12% | Weak multi-year price returns2Y Excs Rtn is -52%, 3Y Excs Rtn is -72% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.0%, Rev Chg QQuarterly Revenue Change % is -9.9% |
| Attractive yieldFCF Yield is 7.0% | Key risksTFII key risks include [1] a weak freight market's direct impact on its Less-Than-Truckload (LTL) segment, Show more. | |
| Low stock price volatilityVol 12M is 40% | ||
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Future of Freight, and E-commerce & DTC Adoption. Themes include Last-Mile Delivery, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12% |
| Attractive yieldFCF Yield is 7.0% |
| Low stock price volatilityVol 12M is 40% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Future of Freight, and E-commerce & DTC Adoption. Themes include Last-Mile Delivery, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -52%, 3Y Excs Rtn is -72% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.0%, Rev Chg QQuarterly Revenue Change % is -9.9% |
| Key risksTFII key risks include [1] a weak freight market's direct impact on its Less-Than-Truckload (LTL) segment, Show more. |
Qualitative Assessment
AI Analysis | Feedback
1. TFI International reported a significant beat on its Q4 2025 earnings and revenue. The company's adjusted diluted earnings per share (EPS) of $1.09 significantly surpassed the consensus estimate of $0.85 by $0.24, while its quarterly revenue of $1.91 billion also exceeded analyst estimates of $1.37 billion.
2. The company demonstrated robust free cash flow generation and strong shareholder returns. TFI International delivered over $10 per share in free cash flow for the full year 2025, with its fourth-quarter free cash flow being 25% higher than the prior year. This financial strength supported a 4% increase in the quarterly dividend to $0.47 and the repurchase of over $200 million worth of common shares during 2025.
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Stock Movement Drivers
Fundamental Drivers
The 33.5% change in TFII stock from 10/31/2025 to 2/26/2026 was primarily driven by a 33.5% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 2262026 | Change |
|---|---|---|---|
| Stock Price ($) | 89.33 | 119.22 | 33.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 8,048 | 8,048 | 0.0% |
| Net Income Margin (%) | 4.1% | 4.1% | 0.0% |
| P/E Multiple | 22.5 | 30.1 | 33.5% |
| Shares Outstanding (Mil) | 83 | 83 | 0.0% |
| Cumulative Contribution | 33.5% |
Market Drivers
10/31/2025 to 2/26/2026| Return | Correlation | |
|---|---|---|
| TFII | 33.5% | |
| Market (SPY) | 1.1% | 30.0% |
| Sector (XLI) | 14.0% | 54.5% |
Fundamental Drivers
The 38.1% change in TFII stock from 7/31/2025 to 2/26/2026 was primarily driven by a 53.7% change in the company's P/E Multiple.| (LTM values as of) | 7312025 | 2262026 | Change |
|---|---|---|---|
| Stock Price ($) | 86.34 | 119.22 | 38.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 8,263 | 8,048 | -2.6% |
| Net Income Margin (%) | 4.5% | 4.1% | -8.8% |
| P/E Multiple | 19.6 | 30.1 | 53.7% |
| Shares Outstanding (Mil) | 83 | 83 | 1.1% |
| Cumulative Contribution | 38.1% |
Market Drivers
7/31/2025 to 2/26/2026| Return | Correlation | |
|---|---|---|
| TFII | 38.1% | |
| Market (SPY) | 9.4% | 33.7% |
| Sector (XLI) | 16.7% | 51.4% |
Fundamental Drivers
The -7.7% change in TFII stock from 1/31/2025 to 2/26/2026 was primarily driven by a -27.7% change in the company's Net Income Margin (%).| (LTM values as of) | 1312025 | 2262026 | Change |
|---|---|---|---|
| Stock Price ($) | 129.14 | 119.22 | -7.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 8,289 | 8,048 | -2.9% |
| Net Income Margin (%) | 5.6% | 4.1% | -27.7% |
| P/E Multiple | 23.5 | 30.1 | 28.2% |
| Shares Outstanding (Mil) | 85 | 83 | 2.5% |
| Cumulative Contribution | -7.7% |
Market Drivers
1/31/2025 to 2/26/2026| Return | Correlation | |
|---|---|---|
| TFII | -7.7% | |
| Market (SPY) | 15.5% | 43.1% |
| Sector (XLI) | 29.0% | 50.2% |
Fundamental Drivers
The 12.2% change in TFII stock from 1/31/2023 to 2/26/2026 was primarily driven by a 161.2% change in the company's P/E Multiple.| (LTM values as of) | 1312023 | 2262026 | Change |
|---|---|---|---|
| Stock Price ($) | 106.27 | 119.22 | 12.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 8,997 | 8,048 | -10.5% |
| Net Income Margin (%) | 9.0% | 4.1% | -55.1% |
| P/E Multiple | 11.5 | 30.1 | 161.2% |
| Shares Outstanding (Mil) | 88 | 83 | 6.9% |
| Cumulative Contribution | 12.2% |
Market Drivers
1/31/2023 to 2/26/2026| Return | Correlation | |
|---|---|---|
| TFII | 12.2% | |
| Market (SPY) | 75.9% | 44.0% |
| Sector (XLI) | 81.0% | 51.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| TFII Return | 120% | -9% | 37% | 1% | -22% | 10% | 137% |
| Peers Return | 34% | -22% | 52% | 6% | -4% | 26% | 105% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 85% |
Monthly Win Rates [3] | |||||||
| TFII Win Rate | 75% | 50% | 58% | 50% | 50% | 100% | |
| Peers Win Rate | 62% | 43% | 60% | 43% | 52% | 100% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 100% | |
Max Drawdowns [4] | |||||||
| TFII Max Drawdown | -1% | -35% | -1% | -4% | -45% | 0% | |
| Peers Max Drawdown | -7% | -35% | -9% | -14% | -29% | -0% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: UPS, FDX, ODFL, XPO, KNX.
[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 2/26/2026 (YTD)
How Low Can It Go
| Event | TFII | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -39.3% | -25.4% |
| % Gain to Breakeven | 64.7% | 34.1% |
| Time to Breakeven | 235 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -52.9% | -33.9% |
| % Gain to Breakeven | 112.5% | 51.3% |
| Time to Breakeven | 106 days | 148 days |
| 2018 Correction | ||
| % Loss | -16.4% | -19.8% |
| % Gain to Breakeven | 19.7% | 24.7% |
| Time to Breakeven | 115 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -51.0% | -56.8% |
| % Gain to Breakeven | 103.9% | 131.3% |
| Time to Breakeven | 56 days | 1,480 days |
Compare to UPS, FDX, ODFL, XPO, KNX
In The Past
TFI International's stock fell -39.3% during the 2022 Inflation Shock from a high on 10/28/2021. A -39.3% loss requires a 64.7% gain to breakeven.
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About TFI International (TFII)
AI Analysis | Feedback
1. The Berkshire Hathaway of North American trucking and logistics.
2. A highly asset-intensive and diversified XPO Logistics, offering services from parcel to full truckload.
3. The Waste Management of North American freight, consolidating diverse trucking and logistics companies.
AI Analysis | Feedback
- Truckload Services: Provides full truckload transportation, including specialized, dedicated, and temperature-controlled freight.
- Less-Than-Truckload (LTL) Services: Offers transportation for smaller freight shipments that do not require a full truckload.
- Package & Courier Services: Delivers parcels, documents, and small packages, often with time-sensitive requirements.
- Logistics & Brokerage Services: Manages supply chains through freight forwarding, warehousing, and customs brokerage.
AI Analysis | Feedback
TFI International (TFII) primarily sells its services to **other companies** (B2B).
Due to its highly diversified customer base across various industries and geographies in North America, TFI International does not disclose specific major customers that account for a material portion (typically 10% or more) of its consolidated revenue in its public filings. Its revenue is generated from a broad portfolio of clients utilizing its Package & Courier, Less-Than-Truckload (LTL), Truckload, and Logistics services.
While specific customer names are not disclosed, TFI International's customers generally fall into the following categories of businesses:
- Retail and E-commerce Businesses: Companies involved in selling goods directly to consumers, which rely on TFI for package delivery, fulfillment, and supply chain solutions to move products from distribution centers to stores or directly to customers.
- Manufacturing and Industrial Companies: Businesses that produce goods, requiring TFI's services for the transportation of raw materials, components, and finished products across their supply chains.
- Wholesale and Distribution Companies: Firms that procure, store, and resell products to other businesses or retailers, utilizing TFI's freight and logistics services for efficient inventory movement and distribution network management.
AI Analysis | Feedback
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Alain Bédard, Chairman of the Board, President and CEO
Mr. Bédard was appointed CEO of TFI International in January 1996. He began his career at KPMG in 1975, becoming a senior auditor within three years. Subsequently, he served as a Controller in the forest products sector before joining Saputo in 1984, where he progressed to Vice-President Finance. In 1996, he took over a regional trucking firm that eventually became TFI International. Under his leadership, TFI International has executed a bold strategic expansion plan through numerous acquisitions and strategic investments across Canada and the U.S. He has been the head of six different companies, including TFI International and its subsidiaries like TForce Premier Distribution, Inc. and TForce Holdings, Inc., and previously served as Chairman at Saputo, Inc. and Chairman, President & Chief Executive Officer of TransForce Income Fund.
David Saperstein, Chief Financial Officer
Mr. Saperstein joined TFI International in 2016 as Vice-President, Mergers & Acquisitions, focusing on M&A activities across the North American transportation industry. He was named Chief Financial Officer in 2019. Prior to joining TFI, Mr. Saperstein spent over 15 years in investment banking with several firms in the United States and Europe, including Goldman Sachs.
Steven Brookshaw, Senior Executive Vice President - Truckload
Mr. Brookshaw was appointed Vice-President of Contrans Flatbed Operations in 2007, then Vice-President of Contrans in 2017. In January 2018, he was named Executive Vice-President of TFI International and promoted to Senior Executive Vice-President in 2023. He oversees the majority of TFI's North American truckload and specialized truckload operations. He holds a BBA from Wilfrid Laurier University and received his CPA and CMA designations in 1990.
Patrick Croteau, Vice-President, Finance and Control
Mr. Croteau joined TFI International in 2015 as Assistant Controller and was promoted to Vice-President, Finance and Control in 2019. His responsibilities include financial reporting, internal controls, and overseeing the Company's accounting operations. He holds a Bachelor of Commerce degree from Concordia University and the CPA designation.
Daniel Chevalier, Vice-President, Finance, Operational Reporting
Mr. Chevalier joined TFI International in 2001 and has held various senior finance positions. These roles included Vice-President, Finance and Administration for Services Matrec, a TFI International subsidiary, and Director, Finance - Operational Support at TFI International. He was promoted to Vice-President, Finance, Operational Reporting in 2019. Mr. Chevalier holds a Bachelor's degree in Accounting from the Université du Québec à Montréal and the CPA designation.
AI Analysis | Feedback
The key risks to TFI International's business include a challenging freight market and macroeconomic headwinds, intense competition within the transportation and logistics industry, and regulatory changes and tariffs.
- Weak Freight Market and Macroeconomic Headwinds: TFI International faces significant challenges from a prolonged weak freight market and broader macroeconomic headwinds, which have directly impacted its freight volumes, revenue, and operating income across various segments, particularly Less-Than-Truckload (LTL). This downturn has led to reduced operating and net income and put pressure on different operational segments, influencing strategic decisions.
- Intense Competition: The transportation and logistics industry in which TFI International operates is characterized by intense competition across its diverse segments, including Less-Than-Truckload (LTL), Truckload, and Logistics services. The company faces both direct and indirect rivals in a fragmented market.
- Regulatory Changes and Tariffs: TFI International is exposed to risks associated with regulatory changes, including environmental mandates, and the imposition of tariffs or changes to tariff rates in any jurisdiction where it operates. These factors can contribute to economic uncertainty, increase costs, and have even led to the withdrawal from substantial acquisition opportunities.
AI Analysis | Feedback
Emergence and growth of digital freight brokerage platforms: These platforms leverage advanced technology, data analytics, and real-time matching algorithms to connect shippers directly with carriers, often bypassing traditional brokers or making the process more transparent and efficient. This asset-light, tech-first model threatens traditional freight brokers and asset-based carriers like TFI International by increasing transparency, compressing margins, and potentially capturing market share through more efficient and cost-effective solutions.
Expansion of integrated logistics networks by major e-commerce players: Companies like Amazon are aggressively building out their own end-to-end logistics networks, moving beyond servicing their own needs to increasingly offering a full suite of transportation and warehousing services to third-party businesses. This creates a direct competitor with immense scale, capital, and technological capabilities across package & courier, LTL, and truckload segments, potentially eroding market share and increasing price competition for traditional carriers like TFI International.
AI Analysis | Feedback
TFI International (TFII) operates in four primary business segments: Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics and Warehousing. The company's operations span across Canada, the United States, and Mexico.
Addressable Market Sizes for TFI International's Main Products or Services:
- Package and Courier
- North America: The North America Courier, Express, and Parcel (CEP) market was valued at approximately USD 216.19 billion in 2025 and is projected to reach USD 269.51 billion by 2030, with a CAGR of 4.51% over 2025-2030. Another source indicates the North America CEP market generated a revenue of USD 120,551.7 million in 2023 and is expected to reach US$ 245,057.1 million by 2030, with a CAGR of 10.7% from 2024 to 2030.
- Canada: The Canada Courier, Express, and Parcel (CEP) market was valued at USD 16.74 billion in 2025 and is expected to reach USD 21.55 billion by 2030, growing at a CAGR of 5.18% during this period. Another estimate places the market size at USD 17.4 billion in 2025, projected to reach USD 22.4 billion by 2030 with a 5.18% CAGR.
- Less-Than-Truckload (LTL)
- North America: The North America Less-Than-Truckload (LTL) market generated a revenue of USD 84,628.9 million in 2024 and is expected to grow at a CAGR of 6.1% from 2025 to 2030, reaching a projected revenue of US$ 120,553.6 million by 2030. The LTL market in North America accounts for 42% of the global market share in 2024.
- Canada: Canada's LTL market is experiencing steady growth, driven by a strong manufacturing industry and increasing cross-border trade with the U.S. The less-than-truck-load (LTL) segment within Canada's road freight transport market is projected to climb at a 4.84% CAGR between 2025-2030.
- Truckload (TL)
- North America: The Full Truckload (FTL) segment commanded a 79.98% share of the revenue in the North America road freight transport market in 2024. The overall North America road freight transport market size is valued at USD 660.24 billion in 2025 and is projected to reach USD 797.29 billion by 2030, with a 3.84% CAGR over 2025-2030.
- Canada: The Canada truckload market size was valued at USD 14.22 billion in 2024 and is expected to reach USD 24.36 billion by 2033, exhibiting a CAGR of 5.70% during 2025-2033. The Long-Distance Freight Trucking industry in Canada is valued at $32.6 billion in 2025.
- U.S.: The U.S. trucking freight bill was estimated at $906 billion in gross freight revenues in 2024. The U.S. for-hire trucking market contributes $185 billion to its annual GDP.
- Logistics and Warehousing
- North America: The North America logistics market was valued at approximately USD 1.478 trillion in 2024 and is estimated to reach USD 1.768 trillion by 2033, with a CAGR of 2.0% during 2025-2033. Another report states the North America logistics market generated a revenue of USD 936.9 billion in 2024 and is expected to grow at a CAGR of 7% from 2025 to 2030, reaching US$ 1,408.8 billion by 2030.
- Canada: The Canada logistics market generated a revenue of USD 306.7 billion in 2024 and is expected to reach USD 473.7 billion by 2030, growing at a CAGR of 7.5% from 2025 to 2030. Another source indicates the Canada freight and logistics market size is estimated at USD 111.66 billion in 2025 and is expected to reach USD 139.17 billion by 2030, at a CAGR of 4.5%.
AI Analysis | Feedback
TFI International (TFII) is expected to drive future revenue growth over the next two to three years through a combination of strategic initiatives and anticipated market improvements:
- Strategic Acquisitions: A core component of TFI International's growth strategy is the continued pursuit of strategic acquisitions. The company has a history of completing numerous acquisitions, including five major ones since 2016, with a focus on targets that are immediately accretive to EPS and free cash flow, generate strong free cash flow, and offer synergy potential. Recent acquisitions, such as Daseke in April 2024, have already contributed to increased revenue in the Truckload segment.
- Recovery in the Industrial Sector and Freight Market: TFI International anticipates a potential recovery in the industrial sector by late 2025 or early 2026. This recovery is expected to positively impact freight volumes, which have faced headwinds in recent periods due to economic uncertainty.
- Growth in E-commerce and Supply Chain Management: E-commerce is identified as a significant growth opportunity for TFI International, driving increased demand for its transportation and logistics services. The company's diversified business model and strategic focus on e-commerce are expected to contribute to long-term resilience and growth.
- Operational Efficiency and Market Penetration in Logistics and Truckload Segments: TFI International is focused on enhancing operational efficiency, improving freight quality, and optimizing revenue per shipment. The company also sees opportunities to further penetrate the market and improve performance within its logistics and truckload segments, both of which have shown solid performance.
- Potential Pricing Strategy Adjustments: Adjustments to pricing strategies, particularly within the transportation sector, are also noted as a potential contributor to revenue growth.
AI Analysis | Feedback
```htmlShare Repurchases
- TFI International's Board approved continued share repurchases, resulting in over $100 million returned to shareholders in Q3 2025.
- The company authorized a new Normal Course Issuer Bid (NCIB) in October 2024, permitting the purchase of up to 7,918,102 common shares, representing 10% of the public float, to be completed by November 1, 2025.
- Between November 2, 2023, and October 21, 2024, TFI repurchased 1,035,140 common shares at a volume weighted average price of CAD $163.0739 per share under a prior NCIB.
Outbound Investments
- In April 2024, TFI International acquired Daseke for $1.1 billion, a move that is expected to double the size of its Truckload segment.
- TFI agreed to purchase UPS Freight for US$800 million in January 2021, positioning the company as one of North America's largest trucking firms.
- In November 2020, the company completed the US$225 million acquisition of DLS Worldwide, enhancing its Logistics segment.
Capital Expenditures
- For the full year 2025, net capital expenditures are forecasted to be between $150 million and $175 million.
- Capital expenditures for the fiscal year ending December 2024 reached a peak of $564.8 million.
- From 2020 to 2024, TFI International's capital expenditures averaged $408 million, with the lowest point being $181.6 million in 2020.
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Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 158.80 |
| Mkt Cap | 32.9 |
| Rev LTM | 8,102 |
| Op Inc LTM | 1,060 |
| FCF LTM | 803 |
| FCF 3Y Avg | 738 |
| CFO LTM | 1,223 |
| CFO 3Y Avg | 1,278 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -1.3% |
| Rev Chg 3Y Avg | -2.2% |
| Rev Chg Q | -0.3% |
| QoQ Delta Rev Chg LTM | -0.1% |
| Op Mgn LTM | 8.2% |
| Op Mgn 3Y Avg | 8.5% |
| QoQ Delta Op Mgn LTM | -0.2% |
| CFO/Rev LTM | 11.4% |
| CFO/Rev 3Y Avg | 11.6% |
| FCF/Rev LTM | 5.1% |
| FCF/Rev 3Y Avg | 5.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 32.9 |
| P/S | 1.3 |
| P/EBIT | 22.7 |
| P/E | 34.7 |
| P/CFO | 12.0 |
| Total Yield | 4.0% |
| Dividend Yield | 1.2% |
| FCF Yield 3Y Avg | 3.7% |
| D/E | 0.3 |
| Net D/E | 0.3 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 13.1% |
| 3M Rtn | 39.6% |
| 6M Rtn | 39.7% |
| 12M Rtn | 29.5% |
| 3Y Rtn | 14.7% |
| 1M Excs Rtn | 14.1% |
| 3M Excs Rtn | 41.0% |
| 6M Excs Rtn | 31.9% |
| 12M Excs Rtn | 12.3% |
| 3Y Excs Rtn | -59.0% |
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Less-Than-Truckload | 3,949 | 4,023 | 2,815 | 583 | 719 |
| Truckload | 1,936 | 2,451 | 2,163 | 1,732 | 1,876 |
| Logistics | 1,697 | 1,763 | 1,662 | 941 | 772 |
| Corporate | 0 | 0 | -61 | ||
| Eliminations | -61 | -76 | 0 | ||
| Package and Courier | 651 | 641 | 526 | 536 | |
| Total | 7,521 | 8,812 | 7,220 | 3,781 | 3,904 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Less-Than-Truckload | 425 | 471 | 573 | 88 | 82 |
| Truckload | 237 | 367 | 230 | 206 | 192 |
| Logistics | 160 | 140 | 143 | 84 | 57 |
| Eliminations | 0 | 0 | 0 | ||
| Corporate | -65 | 34 | -75 | -41 | -31 |
| Package and Courier | 134 | 108 | 79 | 82 | |
| Total | 758 | 1,146 | 979 | 417 | 383 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Less-Than-Truckload | 2,689 | 2,276 | 2,351 | 594 | 596 |
| Truckload | 2,004 | 1,861 | 2,318 | 2,101 | 2,067 |
| Logistics | 1,140 | 732 | 747 | 730 | 422 |
| Corporate | 450 | 275 | 88 | 35 | 53 |
| Eliminations | 0 | 0 | 0 | ||
| Package and Courier | 363 | 380 | 388 | 371 | |
| Total | 6,284 | 5,506 | 5,884 | 3,847 | 3,509 |
Price Behavior
| Market Price | $119.22 | |
| Market Cap ($ Bil) | 9.8 | |
| First Trading Date | 10/27/2008 | |
| Distance from 52W High | -5.1% | |
| 50 Days | 200 Days | |
| DMA Price | $111.97 | $95.19 |
| DMA Trend | up | up |
| Distance from DMA | 6.5% | 25.2% |
| 3M | 1YR | |
| Volatility | 37.0% | 40.2% |
| Downside Capture | -30.58 | 104.44 |
| Upside Capture | 173.09 | 116.95 |
| Correlation (SPY) | 31.2% | 47.2% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.30 | 1.02 | 0.95 | 1.12 | 1.03 | 1.04 |
| Up Beta | 1.79 | 0.35 | -0.59 | 0.99 | 1.19 | 1.13 |
| Down Beta | 1.38 | 0.99 | 1.44 | 1.23 | 0.37 | 0.52 |
| Up Capture | 137% | 227% | 178% | 136% | 122% | 141% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 11 | 25 | 35 | 67 | 122 | 377 |
| Down Capture | 81% | 14% | 66% | 92% | 130% | 108% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 8 | 15 | 25 | 57 | 127 | 373 |
[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 TFII | |
|---|---|---|---|---|
| TFII | 31.9% | 40.1% | 0.78 | - |
| Sector ETF (XLI) | 32.5% | 19.1% | 1.34 | 53.5% |
| Equity (SPY) | 17.1% | 19.4% | 0.69 | 46.4% |
| Gold (GLD) | 79.3% | 25.7% | 2.25 | 9.1% |
| Commodities (DBC) | 10.9% | 16.8% | 0.45 | 10.9% |
| Real Estate (VNQ) | 6.6% | 16.6% | 0.21 | 42.8% |
| Bitcoin (BTCUSD) | -23.4% | 45.1% | -0.46 | 17.8% |
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 TFII | |
|---|---|---|---|---|
| TFII | 12.0% | 36.8% | 0.40 | - |
| Sector ETF (XLI) | 15.9% | 17.2% | 0.74 | 55.5% |
| Equity (SPY) | 13.6% | 17.0% | 0.63 | 51.5% |
| Gold (GLD) | 23.6% | 17.2% | 1.12 | 8.6% |
| Commodities (DBC) | 10.8% | 19.0% | 0.45 | 11.2% |
| Real Estate (VNQ) | 5.3% | 18.8% | 0.19 | 39.0% |
| Bitcoin (BTCUSD) | 4.0% | 57.0% | 0.29 | 19.8% |
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 TFII | |
|---|---|---|---|---|
| TFII | 14.8% | 41.5% | 0.68 | - |
| Sector ETF (XLI) | 15.1% | 19.8% | 0.67 | 56.2% |
| Equity (SPY) | 15.5% | 17.9% | 0.74 | 54.8% |
| Gold (GLD) | 15.1% | 15.6% | 0.81 | 8.5% |
| Commodities (DBC) | 8.5% | 17.6% | 0.40 | 21.6% |
| Real Estate (VNQ) | 6.6% | 20.7% | 0.28 | 47.1% |
| Bitcoin (BTCUSD) | 66.3% | 66.8% | 1.06 | 21.3% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 10/30/2025 | 6-K |
| 06/30/2025 | 07/28/2025 | 6-K |
| 03/31/2025 | 04/23/2025 | 6-K |
| 12/31/2024 | 02/19/2025 | 40-F |
| 09/30/2024 | 10/21/2024 | 6-K |
| 06/30/2024 | 07/25/2024 | 6-K |
| 03/31/2024 | 04/25/2024 | 6-K |
| 12/31/2023 | 02/16/2024 | 40-F |
| 09/30/2023 | 10/23/2023 | 6-K |
| 06/30/2023 | 07/31/2023 | 6-K |
| 03/31/2023 | 04/25/2023 | 6-K |
| 12/31/2022 | 02/23/2023 | 40-F |
| 09/30/2022 | 10/27/2022 | 6-K |
| 06/30/2022 | 07/28/2022 | 6-K |
| 03/31/2022 | 04/28/2022 | 6-K |
| 12/31/2021 | 03/15/2022 | 40-F |
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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