AOMR vs. MSTR

Last updated Jun 30, 2026

AOMR (Angel Oak Mortgage, Inc.) and MSTR (Strategy Inc) are both stocks. AOMR operates in REIT - Mortgage (Real Estate), while MSTR operates in Software - Application (Technology). Over the past 5 years, AOMR returned -1.29%/yr vs 6.88%/yr for MSTR. At a 0.17 correlation, their price movements are largely independent.

Performance

AOMR vs. MSTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Angel Oak Mortgage, Inc. (AOMR) and Strategy Inc (MSTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AOMR achieves a 12.27% return, which is significantly higher than MSTR's -39.01% return.

AOMR

• 1D: -0.88%
• 1M: 8.99%
• YTD: 12.27%
• 6M: 11.88%
• 1Y: 10.35%
• 3Y*: 17.08%
• 5Y*: -1.29%
• 10Y*: —

MSTR

• 1D: 12.60%
• 1M: -41.74%
• YTD: -39.01%
• 6M: -40.36%
• 1Y: -75.86%
• 3Y*: 39.36%
• 5Y*: 6.88%
• 10Y*: 18.32%

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

AOMR vs. MSTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AOMR Angel Oak Mortgage, Inc.	12.27%	6.20%	-1.89%	159.86%	-67.27%	-10.21%
MSTR Strategy Inc	-39.01%	-47.53%	358.54%	346.15%	-74.00%	-12.15%

Correlation

The correlation between AOMR and MSTR is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (All Time) Calculated using the full available price history since Jun 17, 2021	0.17

Fundamentals

Market Cap AOMR : $222.07M MSTR : $30.95B
EPS AOMR : $0.65 MSTR : -$39.78
PS Ratio AOMR : 3.64 MSTR : 58.70
PB Ratio AOMR : 0.86 MSTR : 0.84
Total Revenue (TTM) AOMR : $61.18M MSTR : $490.47M
Gross Profit (TTM) AOMR : $51.68M MSTR : $334.08M
EBITDA (TTM) AOMR : $39.68M MSTR : $466.93M

Return for Risk

AOMR vs. MSTR — Risk / Return Rank

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

AOMR

AOMR Risk / Return Rank: 55
AOMR Sharpe Ratio Rank: 58
AOMR Sortino Ratio Rank: 51
AOMR Omega Ratio Rank: 50
AOMR Calmar Ratio Rank: 59
AOMR Martin Ratio Rank: 58

MSTR

MSTR Risk / Return Rank: 6
MSTR Sharpe Ratio Rank: 5
MSTR Sortino Ratio Rank: 2
MSTR Omega Ratio Rank: 5
MSTR Calmar Ratio Rank: 6
MSTR Martin Ratio Rank: 10

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.

AOMR vs. MSTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Angel Oak Mortgage, Inc. (AOMR) and Strategy Inc (MSTR). 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.

	AOMR	MSTR	Difference
Sharpe ratio: Return per unit of total volatility	0.43	-1.02	+1.45
Sortino ratio: Return per unit of downside risk	0.73	-2.14	+2.87
Omega ratio: Gain probability vs. loss probability	1.09	0.78	+0.31
Calmar ratio: Return relative to maximum drawdown	0.67	-0.93	+1.60
Martin ratio: Return relative to average drawdown	1.34	-1.37	+2.71

AOMR vs. MSTR - Sharpe Ratio Comparison

The current AOMR Sharpe Ratio is 0.43, which is higher than the MSTR Sharpe Ratio of -1.02. The chart below compares the historical Sharpe Ratios of AOMR and MSTR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AOMR vs. MSTR - Drawdown Comparison

The maximum AOMR drawdown since its inception was -71.21%, smaller than the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for AOMR and MSTR.

Drawdown Indicators

	AOMR	MSTR	Difference
Max Drawdown Largest peak-to-trough decline	-71.21%	-99.86%	+28.65%
Max Drawdown (1Y) Largest decline over 1 year	-15.57%	-81.95%	+66.38%
Max Drawdown (3Y) Largest decline over 3 years	-37.21%	-82.63%	+45.42%
Max Drawdown (5Y) Largest decline over 5 years	-71.21%	-84.11%	+12.90%
Max Drawdown (10Y) Largest decline over 10 years	—	-89.27%	—
Current Drawdown Current decline from peak	-11.37%	-80.44%	+69.07%
Average Drawdown Average peak-to-trough decline	-23.32%	-86.44%	+63.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.74%	55.19%	-47.45%

Volatility

AOMR vs. MSTR - Volatility Comparison

The current volatility for Angel Oak Mortgage, Inc. (AOMR) is 8.71%, while Strategy Inc (MSTR) has a volatility of 28.41%. This indicates that AOMR experiences smaller price fluctuations and is considered to be less risky than MSTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AOMR	MSTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.71%	28.41%	-19.70%
Volatility (6M) Calculated over the trailing 6-month period	16.94%	60.21%	-43.27%
Volatility (1Y) Calculated over the trailing 1-year period	24.49%	74.35%	-49.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.64%	90.65%	-52.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.61%	74.13%	-35.52%

Dividends

AOMR vs. MSTR - Dividend Comparison

AOMR's dividend yield for the trailing twelve months is around 14.27%, while MSTR has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
AOMR Angel Oak Mortgage, Inc.	14.27%	14.87%	13.79%	12.08%	35.31%	2.93%
MSTR Strategy Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both AOMR and MSTR in my portfolio?

AOMR and MSTR have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AOMR or MSTR?

MSTR has higher volatility (28.41%) compared to AOMR (8.71%). In terms of maximum drawdown, AOMR dropped -71.21% vs MSTR's -99.86%.

Which has better risk-adjusted returns?

AOMR currently has the higher Sharpe Ratio (0.43 vs -1.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.