ADAMH vs. STRC

Last updated Apr 1, 2026

Compare and contrast key facts about Adamas Trust, Inc. (ADAMH) and MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC).

Performance

ADAMH vs. STRC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Adamas Trust, Inc. (ADAMH) and MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). The values are adjusted to include any dividend payments, if applicable.

ADAMH vs. STRC - Yearly Performance Comparison

	2026 (YTD)	2025
ADAMH Adamas Trust, Inc.	-1.57%	6.34%
STRC MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock	4.14%	4.78%

Fundamentals

Market Cap ADAMH : $2.29B STRC : $29.41B
EPS ADAMH : $1.63 STRC : -$13.50
PS Ratio ADAMH : 3.03 STRC : 62.60
PB Ratio ADAMH : 2.58 STRC : 5.13
Total Revenue (TTM) ADAMH : $749.34M STRC : $477.23M
Gross Profit (TTM) ADAMH : $392.88M STRC : $327.82M
EBITDA (TTM) ADAMH : $306.09M STRC : -$5.44B

Returns By Period

In the year-to-date period, ADAMH achieves a -1.57% return, which is significantly lower than STRC's 4.14% return.

ADAMH

• 1D: -0.20%
• 1M: -1.19%
• YTD: -1.57%
• 6M: 3.25%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

STRC

• 1D: 0.06%
• 1M: 0.99%
• YTD: 4.14%
• 6M: 8.87%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

ADAMH vs. STRC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Adamas Trust, Inc. (ADAMH) and MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). 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.

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

Sharpe Ratios by Period

	ADAMH	STRC	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.75	1.58	+0.16

Correlation

The correlation between ADAMH and STRC is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ADAMH vs. STRC - Dividend Comparison

ADAMH's dividend yield for the trailing twelve months is around 7.26%, more than STRC's 7.07% yield.

	TTM	2025
ADAMH Adamas Trust, Inc.	7.26%	4.59%
STRC MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock	7.07%	4.31%

Drawdowns

ADAMH vs. STRC - Drawdown Comparison

The maximum ADAMH drawdown since its inception was -1.81%, smaller than the maximum STRC drawdown of -6.39%. Use the drawdown chart below to compare losses from any high point for ADAMH and STRC.

Drawdown Indicators

	ADAMH	STRC	Difference
Max Drawdown Largest peak-to-trough decline	-1.81%	-6.39%	+4.58%
Current Drawdown Current decline from peak	-1.57%	0.00%	-1.57%
Average Drawdown Average peak-to-trough decline	-0.53%	-0.60%	+0.07%

Volatility

Volatility by Period

	ADAMH	STRC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	4.77%	13.46%	-8.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.77%	13.46%	-8.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.77%	13.46%	-8.69%

Financials