^GSPC vs. STRD

Last updated Jun 16, 2026

^GSPC (S&P 500 Index) is an index, while STRD (MicroStrategy Incorporated) is a stock. At a 0.36 correlation, their price movements are largely independent.

Performance

^GSPC vs. STRD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in S&P 500 Index (^GSPC) and MicroStrategy Incorporated (STRD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

^GSPC

• 1D: 1.65%
• 1M: 1.97%
• YTD: 10.35%
• 6M: 10.82%
• 1Y: 26.39%
• 3Y*: 19.66%
• 5Y*: 12.33%
• 10Y*: 13.81%

STRD

• 1D: -4.57%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

^GSPC vs. STRD - Yearly Performance Comparison

	2026 (YTD)
^GSPC S&P 500 Index	0.45%
STRD MicroStrategy Incorporated	-6.53%

Correlation

The correlation between ^GSPC and STRD is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.36

Return for Risk

^GSPC vs. STRD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^GSPC

^GSPC Risk / Return Rank: 83
^GSPC Sharpe Ratio Rank: 81
^GSPC Sortino Ratio Rank: 84
^GSPC Omega Ratio Rank: 86
^GSPC Calmar Ratio Rank: 76
^GSPC Martin Ratio Rank: 86

STRD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

^GSPC vs. STRD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for S&P 500 Index (^GSPC) and MicroStrategy Incorporated (STRD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	^GSPC	STRD	Difference
Sharpe ratio: Return per unit of total volatility	2.14	—	—
Sortino ratio: Return per unit of downside risk	2.89	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	2.91	—	—
Martin ratio: Return relative to average drawdown	13.08	—	—

Drawdowns

^GSPC vs. STRD - Drawdown Comparison

The maximum ^GSPC drawdown since its inception was -56.78%, which is greater than STRD's maximum drawdown of -7.26%. Use the drawdown chart below to compare losses from any high point for ^GSPC and STRD.

Drawdown Indicators

	^GSPC	STRD	Difference
Max Drawdown Largest peak-to-trough decline	-56.78%	-7.26%	-49.52%
Max Drawdown (1Y) Largest decline over 1 year	-9.10%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.90%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.43%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.92%	—	—
Current Drawdown Current decline from peak	-0.73%	-6.53%	+5.80%
Average Drawdown Average peak-to-trough decline	-10.72%	-4.51%	-6.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.02%	—	—

Volatility

Volatility by Period

	^GSPC	STRD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.67%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.83%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.44%	37.84%	-25.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.99%	37.84%	-20.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.11%	37.84%	-19.73%

Frequently Asked Questions

Can I hold both ^GSPC and STRD in my portfolio?

^GSPC and STRD have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.