Valor Energy (VAI)


Market Price (9/6/2026): $2.2 | Market Cap: $2.3 MilSector: Industrials | Industry: Diversified Support Services

Valor Energy (VAI)


Market Price (9/6/2026): $2.2
Market Cap: $2.3 Mil
Sector: Industrials
Industry: Diversified Support Services

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

0

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10%

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

Weak multi-year price returns
2Y Excs Rtn is -5.1%, 3Y Excs Rtn is -39%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -3.4 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -115%

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -53%, Rev Chg QQuarterly Revenue Change % is -59%

High stock price volatility
Vol 12M is 130%

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10%
1 Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%
2 Weak multi-year price returns
2Y Excs Rtn is -5.1%, 3Y Excs Rtn is -39%
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -3.4 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -115%
4 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -53%, Rev Chg QQuarterly Revenue Change % is -59%
5 High stock price volatility
Vol 12M is 130%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 9/4/2026

Valor Energy (VAI) stock has gained about 30% since it went public on 8/28/2026 because of the following key factors:

1. Valor Energy (VAI) underwent a significant strategic transformation, shifting its core business focus.

Effective August 26, 2026, the company changed its name from Senmiao Technology Limited to Valor Energy Inc. and its Nasdaq ticker symbol from AIHS to VAI. This marked a pivot from its historical automobile transaction and related services business in China to a U.S.-focused energy and digital infrastructure development platform.

2. The company's new strategy targets the high-growth artificial intelligence (AI) and data center sectors.

Valor Energy's revised business model centers on developing "power-enabled infrastructure" specifically designed to support AI and high-performance computing data centers in the U.S.. This strategic alignment with the burgeoning demand for energy and infrastructure driven by AI generated significant market interest.

Show more
Updated on 9/4/2026

Valor Energy (VAI) stock has gained about 30% since it went public on 8/28/2026 because of the following key factors:

1. Valor Energy (VAI) underwent a significant strategic transformation, shifting its core business focus.

Effective August 26, 2026, the company changed its name from Senmiao Technology Limited to Valor Energy Inc. and its Nasdaq ticker symbol from AIHS to VAI. This marked a pivot from its historical automobile transaction and related services business in China to a U.S.-focused energy and digital infrastructure development platform.

2. The company's new strategy targets the high-growth artificial intelligence (AI) and data center sectors.

Valor Energy's revised business model centers on developing "power-enabled infrastructure" specifically designed to support AI and high-performance computing data centers in the U.S.. This strategic alignment with the burgeoning demand for energy and infrastructure driven by AI generated significant market interest.

3. Valor Energy announced specific development plans, providing a tangible outlook for its new direction.

A key component of the new strategy includes the proposed "Energence Utah development," which aims to establish approximately 100 megawatts (MW) of firm power capacity during its initial phase, with potential for substantial long-term expansion. These announced projects offer investors a clearer vision of the company's future operations.

4. Market speculation and enthusiasm for the new energy and digital infrastructure venture contributed to the stock's gains.

Despite the speculative nature and early stage of the new business, the market reacted positively to Valor Energy's entry into sectors perceived as having high growth potential, such as energy infrastructure and AI data centers. This enthusiasm drove significant upward movement in the stock price following the strategic pivot.

Show less
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →

Stock Movement Drivers

Fundamental Drivers

null
null

Market Drivers

5/31/2026 to 9/5/2026
ReturnCorrelation
VAI  
Market (SPY)1.8%28.5%
Sector (XLI)1.2%39.2%

Fundamental Drivers

null
null

Market Drivers

2/28/2026 to 9/5/2026
ReturnCorrelation
VAI  
Market (SPY)12.6%28.5%
Sector (XLI)-0.8%39.2%

Fundamental Drivers

null
null

Market Drivers

8/31/2025 to 9/5/2026
ReturnCorrelation
VAI  
Market (SPY)20.4%28.5%
Sector (XLI)16.5%39.2%

Fundamental Drivers

null
null

Market Drivers

8/31/2023 to 9/5/2026
ReturnCorrelation
VAI  
Market (SPY)77.1%28.5%
Sector (XLI)68.7%39.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
VAI Return-----21%21%
Peers Return3809%-61%247%60%87%-3%15109%
S&P 500 Return27%-19%24%23%16%13%106%

Monthly Win Rates [3]
VAI Win Rate-----50% 
Peers Win Rate50%38%60%52%53%47% 
S&P 500 Win Rate75%42%67%75%67%56% 

Max Drawdowns [4]
VAI Max Drawdown------ 
Peers Max Drawdown-40%-78%-55%-54%-58%-50% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: APLD, CORZ, CIFR, FNGR, DLR.
[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

VAI has limited trading history. Below is the Industrials sector ETF (XLI) in its place.

EventXLIS&P 500
2025 US Tariff Shock
  % Loss-15.8%-18.8%
  % Gain to Breakeven18.8%23.1%
  Time to Breakeven34 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-11.7%-9.5%
  % Gain to Breakeven13.2%10.5%
  Time to Breakeven45 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-20.1%-24.5%
  % Gain to Breakeven25.1%32.4%
  Time to Breakeven125 days427 days
2020 COVID-19 Crash
  % Loss-41.6%-33.7%
  % Gain to Breakeven71.2%50.9%
  Time to Breakeven231 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-23.7%-19.2%
  % Gain to Breakeven31.1%23.8%
  Time to Breakeven120 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-11.1%-12.2%
  % Gain to Breakeven12.5%13.9%
  Time to Breakeven51 days62 days

Compare to APLD, CORZ, CIFR, FNGR, DLR

In The Past

State Street Industrial Select Sector SPDR ETF's stock fell -15.8% during the 2025 US Tariff Shock. Such a loss loss requires a 18.8% 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.

VAI has limited trading history. Below is the Industrials sector ETF (XLI) in its place.

EventXLIS&P 500
2022 Inflation Shock & Fed Tightening
  % Loss-20.1%-24.5%
  % Gain to Breakeven25.1%32.4%
  Time to Breakeven125 days427 days
2020 COVID-19 Crash
  % Loss-41.6%-33.7%
  % Gain to Breakeven71.2%50.9%
  Time to Breakeven231 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-23.7%-19.2%
  % Gain to Breakeven31.1%23.8%
  Time to Breakeven120 days105 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-22.5%-17.9%
  % Gain to Breakeven29.0%21.8%
  Time to Breakeven114 days123 days
2008-2009 Global Financial Crisis
  % Loss-60.5%-53.4%
  % Gain to Breakeven153.2%114.4%
  Time to Breakeven700 days1085 days

Compare to APLD, CORZ, CIFR, FNGR, DLR

In The Past

State Street Industrial Select Sector SPDR ETF's stock fell -15.8% during the 2025 US Tariff Shock. Such a loss loss requires a 18.8% 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 Valor Energy (VAI)

Senmiao Technology Limited engages in the automobile transaction and related services business in the People's Republic of China. Its services include the facilitation of automobile transaction and financing, connecting ride-hailing drivers to financial institutions to buy, or get financing on the purchase of, cars to be used to provide online ride-hailing services. The company is also involved in the sale of automobiles; and provision of auto finance services, as well as operates ride hailing platform that enables ride-hailing drivers to provide transportation services. Senmiao Technology Limited was founded in 2014 and is based in Chengdu, the People's Republic of China.

AI Analysis | Feedback

null

AI Analysis | Feedback

null

AI Analysis | Feedback

null

AI Analysis | Feedback

null

AI Analysis | Feedback

null

AI Analysis | Feedback

null

AI Analysis | Feedback

The emergence of autonomous vehicle technology poses a clear threat to Valor Energy's business model. As self-driving cars become more prevalent in ride-hailing services, the demand for individual ride-hailing drivers to purchase or finance vehicles will diminish significantly, rendering the company's core services of facilitating automobile transactions, financing, and connecting drivers to financial institutions potentially obsolete. This shift could fundamentally change the ride-hailing landscape, much like how Uber disrupted traditional taxi services, by replacing human-driven, individually-owned cars with fleets of company-owned, autonomous vehicles.

Another clear emerging threat is the rapid transition to Electric Vehicles (EVs) and the potential rise of specialized EV financing and leasing models. As China pushes for widespread EV adoption, Valor Energy, if heavily reliant on internal combustion engine (ICE) vehicle sales and financing, could face declining demand for its traditional offerings. New business models and competitors specializing in EV-specific financing, battery leasing, or EV fleet management for ride-hailing could emerge, potentially sidelining Valor Energy if it does not adapt quickly to these new market dynamics and technologies.

AI Analysis | Feedback

Valor Energy (symbol: VAI), formerly known as Senmiao Technology Limited, has historically engaged in the automobile transaction and related services business in the People's Republic of China. The addressable markets for these services in China are as follows:

  • Automobile Sales and Transaction Market (China): The Chinese automotive market was estimated at approximately USD 674.06 billion in 2026, with projections to reach USD 748.24 billion by 2031, growing at a compound annual growth rate (CAGR) of 2.11% from 2026 to 2031. In terms of volume, new vehicle sales in China reached 34.40 million units in 2025.
  • Auto Finance Market (China): The China automotive finance market generated a revenue of USD 19.1 billion in 2025 and is expected to grow to USD 38.7 billion by 2033, at a CAGR of 9.3% from 2026 to 2033. Another estimate valued the China Automotive Loan Market at USD 18.76 billion in 2024, with an expectation to reach USD 32.78 billion by 2030, growing at a CAGR of 9.75%.
  • Ride-Hailing Services Market (China): The China ride-hailing services market generated a revenue of USD 4.6 billion in 2025 and is projected to reach USD 18.19 billion by 2033, with a CAGR of 19.1% from 2026 to 2033. Another report indicated the China Ride Sharing Market was valued at USD 5.07 billion in 2025 and is anticipated to grow to USD 25.29 billion by 2034, at a CAGR of 19.28%. A higher estimate places China's ride-hailing market at approximately USD 81.67 billion in 2026.

It is important to note that Valor Energy Inc. recently changed its name from Senmiao Technology Limited in August 2026, reflecting a planned transformation into a U.S.-focused energy and digital infrastructure development platform.

AI Analysis | Feedback

For Valor Energy (symbol: VAI), the expected drivers of future revenue growth over the next 2-3 years are directly tied to its strategic transformation from a legacy automobile transaction services business to a U.S.-focused energy and digital infrastructure development platform. These drivers include:

  1. Development and Commercialization of AI and High-Performance Computing (HPC) Data Center Sites: Valor Energy aims to identify and develop power-enabled sites specifically tailored for artificial intelligence and high-performance computing infrastructure in the U.S. markets. Revenue growth is expected from advancing these sites through various stages, including power procurement, site control, permitting, engineering, and financing, with the objective of making them construction-ready or fully operational for data center customers.
  2. Strategic Partnerships and Joint Ventures in Digital Infrastructure: The company has initiated strategic collaborations, such as the joint venture Nebula Matrix AI LLC with Constant Energy Construction Corp. (CECC), to develop, invest in, construct, and operate AI data centers and digital infrastructure projects in the United States. These partnerships are expected to combine capital markets, energy infrastructure, engineering, and construction expertise, thereby driving revenue growth through expanded project capacity and market reach.
  3. Expansion of Investment Opportunities in Digital Infrastructure and Emerging Energy Sectors: Valor Energy is actively seeking to broaden its investment opportunities within digital infrastructure, energy, and other strategic emerging industries. This suggests potential revenue streams from a wider array of investments and projects beyond just initial site development, possibly including direct investment in data center assets or related technological ventures.
  4. Provision of Power Procurement and Energy Management Services: As Valor Energy focuses on developing "power-enabled sites" for data centers, revenue growth could also stem from services related to securing reliable and efficient power sources. This may include offering ongoing energy management solutions to meet the substantial power demands of AI and HPC operations at the developed sites.

AI Analysis | Feedback

Share Repurchases

  • Valor Energy (VAI) reported $0.00 million in share repurchases as of June 2026.

Share Issuance

  • In November 2021, the company, then Senmiao Technology, completed a private placement of approximately $5 million through the sale of Series A Convertible Preferred Stock to institutional investors.
  • In November 2025, Senmiao Technology Limited closed a registered direct offering totaling $2.8 million.

Outbound Investments

  • In July 2026, Senmiao Technology Limited's subsidiary, Green Energy Capital Asset Inc., established Nebula Matrix AI LLC, a joint venture with Constant Energy Construction Corp., to develop AI data centers in the United States.
  • In August 2026, Senmiao Technology entered into a letter of intent for a strategic partnership framework with Energence Power and Energence Utah, targeting 100 MW of digital infrastructure development in Utah during an initial two-year phase.

Capital Expenditures

  • The company's reported capital expenditures were not explicitly available and are indicated as negligible or zero in some financial summaries.
  • Following its rebranding to Valor Energy Inc. in August 2026, the company's primary focus for future capital expenditures is on identifying and developing power-enabled sites in the U.S. for artificial intelligence and high-performance computing infrastructure. This includes activities such as power procurement, site control, permitting, engineering, connectivity planning, financing, and customer engagement to prepare sites for data center customers.

Peer Outperformance in Diversified Support Services

null
Share of Diversified Support Services constituents that VAI has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
insufficient peer history
3Y
insufficient peer history
5Y
insufficient peer history
null
Median price return by industry across the Industrials sector, ranked by 5Y. Diversified Support Services is VAI's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Construction & Engineering 31 20.5%108.7%190.3% CDNL 2702% · FIX 2049% · STRL 2005%
Marine Transportation 5 70.5%67.6%164.7% HOS 48321% · MATX 188% · KEX 165%
Construction Machinery & Heavy Transportation Equipment 13 14.3%63.4%115.4% CAT 322% · ALSN 270% · WAB 223%
Aerospace & Defense 55 -1.8%59.6%70.3% ATI 1074% · FTAI 885% · HWM 739%
Passenger Ground Transportation 3 -11.2%52.4%58.1% UBER 88% · CAR 58% · LYFT -65%
Rail Transportation 7 31.0%73.3%46.1% FSTR 135% · CSX 65% · UNP 51%
Industrial Machinery & Supplies & Components 71 10.1%47.7%45.1% CRS 1411% · PSIX 952% · EROC 609%
Cargo Ground Transportation 16 38.0%6.5%35.4% XPO 258% · R 251% · CVLG 209%
Trading Companies & Distributors 19 2.7%36.2%32.8% DXPE 533% · AIT 289% · WCC 214%
Diversified Support Services ← 33 12.7%31.6%26.8% LIME 4173% · TH 371% · WLFC 360%
Electrical Components & Equipment 41 17.6%50.5%21.7% POWL 2201% · BE 1055% · VRT 900%
Building Products 33 -11.0%7.1%19.4% LMB 575% · GFF 398% · PPIH 300%
Research & Consulting Services 13 -10.1%-21.1%-6.3% HURN 214% · GRNQ 137% · CRAI 89%
Agricultural & Farm Machinery 17 14.1%-1.3%-7.2% BLBD 213% · DE 90% · GENC 59%
Industrial Conglomerates 17 10.5%14.1%-8.5% RCMT 676% · CSW 141% · CSL 80%
Environmental & Facilities Services 29 -8.4%20.3%-12.0% CECO 880% · ADUR 558% · NVRI 352%
Data Processing & Outsourced Services 6 -31.3%-12.5%-26.0% EXLS 49% · BR 11% · G -23%
Passenger Airlines 11 2.4%0.2%-26.4% LTM 2504% · UAL 141% · SKYW 117%
Office Services & Supplies 9 12.0%25.4%-30.4% PBI 186% · TILE 157% · HNI 59%
Human Resource & Employment Services 22 8.4%-18.4%-35.7% BBSI 86% · ADP 49% · KFY 31%
Air Freight & Logistics 12 -8.2%-22.2%-39.1% CHRW 85% · FDX 67% · EXPD 62%
Security & Alarm Services 10 -36.1%7.1%-45.5% CIX 137% · MG 96% · NL 53%
Airport Services 3 -67.1%-76.5%-57.6% JOBY -34% · ASLE -58% · UP -100%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

VAIAPLDCORZCIFRFNGRDLRMedian
NameValor En.Applied .Core Sci.Cipher D.FingerMo.Digital . 
Mkt Price2.2526.3717.8917.740.20188.3917.81
Mkt Cap-7.55.87.30.0266.87.3
Rev LTM3576440191166,771316
Op Inc LTM-3-202-201-394-71,233-104
FCF LTM0-2,776-968-1,496-52,967-487
FCF 3Y Avg-1-1,234-408-767-62,363-207
CFO LTM090520-256-52,96745
CFO 3Y Avg-1-4193-171-62,363-2

Growth & Margins

VAIAPLDCORZCIFRFNGRDLRMedian
NameValor En.Applied .Core Sci.Cipher D.FingerMo.Digital . 
Rev Chg LTM-52.5%229.2%26.4%20.3%-54.3%17.4%18.8%
Rev Chg 3Y Avg172.4%144.6%-1.6%67.7%-21.8%9.8%38.7%
Rev Chg Q-59.3%406.6%108.8%-43.0%-92.3%28.9%-7.1%
QoQ Delta Rev Chg LTM-18.4%56.4%24.1%-8.9%-32.4%6.8%-1.1%
Op Inc Chg LTM27.7%-171.6%-34.8%-164.7%-9.7%46.5%-22.2%
Op Inc Chg 3Y Avg28.1%-83.9%-73.0%-111.4%-7.5%22.6%-40.3%
Op Mgn LTM-115.2%-35.1%-45.8%-206.2%-42.2%18.2%-44.0%
Op Mgn 3Y Avg-89.4%-42.1%-25.8%-110.6%-24.4%15.5%-33.9%
QoQ Delta Op Mgn LTM-7.4%-2.1%12.8%-30.1%-13.4%2.9%-4.8%
CFO/Rev LTM10.3%15.6%118.2%-134.2%-30.9%43.8%12.9%
CFO/Rev 3Y Avg-3.6%-14.0%43.1%-98.8%-24.2%39.0%-8.8%
FCF/Rev LTM9.3%-481.8%-219.8%-782.9%-31.0%43.8%-125.4%
FCF/Rev 3Y Avg-12.7%-338.2%-97.8%-429.7%-24.2%39.0%-61.0%

Valuation

VAIAPLDCORZCIFRFNGRDLRMedian
NameValor En.Applied .Core Sci.Cipher D.FingerMo.Digital . 
Mkt Cap-7.55.87.30.0266.87.3
P/S-13.113.238.00.839.413.2
P/Op Inc--37.3-28.9-18.4-1.8216.5-18.4
P/EBIT--57.0-11.3-7.5-1.8204.6-7.5
P/E--30.9-4.1-6.5-1.8334.0-4.1
P/CFO-84.011.2-28.3-2.489.911.2
Total Yield--3.2%-24.6%-15.4%-57.0%1.0%-15.4%
Dividend Yield-0.0%0.0%0.0%0.0%0.7%0.0%
FCF Yield 3Y Avg--26.2%-5.4%-21.3%-11.1%2.9%-11.1%
D/E-0.70.70.80.30.10.7
Net D/E-0.50.40.70.20.10.4

Returns

VAIAPLDCORZCIFRFNGRDLRMedian
NameValor En.Applied .Core Sci.Cipher D.FingerMo.Digital . 
1M Rtn31.6%-8.6%-15.0%-2.6%-43.6%-2.2%-5.6%
3M Rtn31.6%-33.4%-30.8%-21.0%-73.7%1.5%-25.9%
6M Rtn31.6%4.9%20.4%30.2%-83.1%8.4%14.4%
12M Rtn31.6%89.8%31.4%135.9%-86.8%18.7%31.5%
3Y Rtn31.6%367.6%420.1%503.4%-96.7%59.1%213.3%
1M Excs Rtn31.5%-8.7%-15.1%-2.7%-43.7%-2.3%-5.7%
3M Excs Rtn27.0%-38.0%-35.3%-25.5%-78.3%-3.0%-30.4%
6M Excs Rtn17.1%-9.6%5.9%15.7%-97.6%-6.1%-0.1%
12M Excs Rtn12.9%65.3%12.6%121.0%-105.2%0.3%12.8%
3Y Excs Rtn-39.4%244.3%349.1%360.2%-167.0%-13.9%115.2%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20242023202220212020
Operating lease revenues from automobile rentals4    
Monthly services commissions0    
Default revenue0    
Financing revenues0    
Other service fees0    
Service fees from new energy vehicles (NEVs) leasing0    
Service fees from automobile purchase services0    
Automobile Transaction and Related Services 49516
Online ride-hailing platform Services 431 
Unallocated 00  
Discontinued operations  -7-4 
Discontinued P2P Business   0 
Total485216


Operating Income by Segment
$ Mil20242023202220212019
Online ride-hailing platform Services-0-0-7-2-3
Unallocated-2-1-3-2-1
Automobile Transaction and Related Services-3-4-4-60
Discontinued operations  34 
Discontinued P2P Business   -0 
Total-5-6-12-6-4


Net Income by Segment
$ Mil20242023202220212019
Online ride-hailing platform Services-0-0-7-2-3
Unallocated-104-4-1
Automobile Transaction and Related Services-2-4-5-7-0
Discontinued operations  35 
Discontinued P2P Business   -0 
Total-4-4-6-7-5


Assets by Segment
$ Mil20242023202220212019
Automobile Transaction and Related Services91312178
Unallocated11123
Online ride-hailing platform Services11732
Total1014202212


Price Behavior

null
VAI Betas & Captures as of 8/31/2026

 1M2M3M6M1Y3Y
Beta
Up Beta
Down Beta
Up Capture0%0%0%0%0%0%
Bmk +ve Days10213268138427
Stock +ve Days000000
Down Capture48%18%10%6%4%2%
Bmk -ve Days11213259113324
Stock -ve Days111111

[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 VAI
VAI31.7%129.8%11.39-
Sector ETF (XLI)17.0%17.1%0.7539.2%
Equity (SPY)19.7%12.8%1.1328.5%
Gold (GLD)24.6%29.2%0.7540.5%
Commodities (DBC)43.8%20.3%1.67-67.8%
Real Estate (VNQ)9.1%13.6%0.39-21.9%
Bitcoin (BTCUSD)-28.1%43.8%-0.63-27.0%

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 VAI
VAI5.6%129.8%11.39-
Sector ETF (XLI)12.4%17.6%0.5439.2%
Equity (SPY)12.8%17.2%0.5728.5%
Gold (GLD)19.1%18.8%0.8240.5%
Commodities (DBC)10.7%19.5%0.43-67.8%
Real Estate (VNQ)1.7%18.9%-0.01-21.9%
Bitcoin (BTCUSD)10.2%52.6%0.38-27.0%

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 VAI
VAI2.8%129.8%11.39-
Sector ETF (XLI)13.4%20.0%0.5939.2%
Equity (SPY)15.3%17.9%0.7228.5%
Gold (GLD)12.4%16.3%0.6240.5%
Commodities (DBC)7.9%18.1%0.35-67.8%
Real Estate (VNQ)4.8%20.7%0.19-21.9%
Bitcoin (BTCUSD)63.7%66.2%1.03-27.0%

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

SEC Filings

Expand for More
Report DateFiling DateFiling
12/31/202402/14/202510-Q
09/30/202411/14/202410-Q
06/30/202408/14/202410-Q
03/31/202406/27/202410-K
12/31/202302/09/202410-Q
09/30/202311/14/202310-Q
06/30/202308/14/202310-Q
03/31/202307/13/202310-K
12/31/202202/14/202310-Q
09/30/202211/14/202210-Q
06/30/202208/15/202210-Q
03/31/202207/15/202210-K
12/31/202102/14/202210-Q
09/30/202111/15/202110-Q
06/30/202108/16/202110-Q
03/31/202107/08/202110-K
Collapse to Preview
Report DateFiling DateFiling
12/31/202402/14/202510-Q
09/30/202411/14/202410-Q
06/30/202408/14/202410-Q
03/31/202406/27/202410-K
12/31/202302/09/202410-Q
09/30/202311/14/202310-Q
06/30/202308/14/202310-Q
03/31/202307/13/202310-K
12/31/202202/14/202310-Q
09/30/202211/14/202210-Q
06/30/202208/15/202210-Q
03/31/202207/15/202210-K
12/31/202102/14/202210-Q
09/30/202111/15/202110-Q
06/30/202108/16/202110-Q
03/31/202107/08/202110-K
12/31/202002/16/202110-Q
09/30/202011/20/202010-Q
06/30/202008/19/202010-Q
03/31/202007/09/202010-K
12/31/201902/14/202010-Q
09/30/201911/14/201910-Q
06/30/201908/14/201910-Q
03/31/201907/05/201910-K
12/31/201802/19/201910-Q
09/30/201811/14/201810-Q
06/30/201808/14/201810-Q
03/31/201806/29/201810-K
Core Cache Last Updated: 9/5/2026