BITX vs. MSTR
Compare and contrast key facts about Volatility Shares 2x Bitcoin Strategy ETF (BITX) and MicroStrategy Incorporated (MSTR).
BITX is an actively managed fund by Volatility Shares. It was launched on Jun 27, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BITX or MSTR.
Correlation
The correlation between BITX and MSTR is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BITX vs. MSTR - Performance Comparison
Key characteristics
BITX:
1.98
MSTR:
6.27
BITX:
2.57
MSTR:
4.24
BITX:
1.30
MSTR:
1.50
BITX:
3.70
MSTR:
8.11
BITX:
6.98
MSTR:
32.25
BITX:
32.47%
MSTR:
21.54%
BITX:
114.47%
MSTR:
110.74%
BITX:
-61.28%
MSTR:
-99.86%
BITX:
-9.40%
MSTR:
-16.32%
Returns By Period
In the year-to-date period, BITX achieves a 23.52% return, which is significantly lower than MSTR's 36.90% return.
BITX
23.52%
3.31%
81.70%
258.95%
N/A
N/A
MSTR
36.90%
13.40%
122.94%
714.84%
93.65%
37.94%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
BITX vs. MSTR — Risk-Adjusted Performance Rank
BITX
MSTR
BITX vs. MSTR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Volatility Shares 2x Bitcoin Strategy ETF (BITX) and MicroStrategy Incorporated (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.
Dividends
BITX vs. MSTR - Dividend Comparison
BITX's dividend yield for the trailing twelve months is around 8.67%, while MSTR has not paid dividends to shareholders.
| TTM | 2024 | |
|---|---|---|
BITX Volatility Shares 2x Bitcoin Strategy ETF | 8.67% | 10.71% |
MSTR MicroStrategy Incorporated | 0.00% | 0.00% |
Drawdowns
BITX vs. MSTR - Drawdown Comparison
The maximum BITX drawdown since its inception was -61.28%, smaller than the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for BITX and MSTR. For additional features, visit the drawdowns tool.
Volatility
BITX vs. MSTR - Volatility Comparison
Volatility Shares 2x Bitcoin Strategy ETF (BITX) and MicroStrategy Incorporated (MSTR) have volatilities of 33.03% and 33.68%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.