BLOK vs. MSTR
BLOK (Amplify Blockchain Technology ETF) is Blockchain fund actively managed by Amplify, while MSTR (Strategy Inc) is a stock. Over the past 5 years, BLOK returned 11.50%/yr vs 19.14%/yr for MSTR. A 0.75 correlation means they provide meaningful diversification when combined.
Performance
BLOK vs. MSTR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BLOK achieves a 12.57% return, which is significantly higher than MSTR's -18.41% return.
BLOK
- 1D
- 1.33%
- 1M
- -2.27%
- YTD
- 12.57%
- 6M
- 5.60%
- 1Y
- 26.82%
- 3Y*
- 50.68%
- 5Y*
- 11.50%
- 10Y*
- —
MSTR
- 1D
- 3.18%
- 1M
- -30.13%
- YTD
- -18.41%
- 6M
- -29.74%
- 1Y
- -67.62%
- 3Y*
- 63.46%
- 5Y*
- 19.14%
- 10Y*
- 20.92%
BLOK vs. MSTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
BLOK Amplify Blockchain Technology ETF | 12.57% | 32.64% | 53.12% | 99.62% | -62.36% | 30.76% | 90.17% | 29.54% | -25.38% |
MSTR Strategy Inc | -18.41% | -47.53% | 358.54% | 346.15% | -74.00% | 40.13% | 172.42% | 11.65% | -7.64% |
Correlation
The correlation between BLOK and MSTR is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Jan 17, 2018 | 0.75 |
The correlation between BLOK and MSTR has been stable across timeframes, ranging from 0.74 to 0.81 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BLOK vs. MSTR — Risk / Return Rank
BLOK
MSTR
BLOK vs. MSTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Blockchain Technology ETF (BLOK) 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.
| BLOK | MSTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.58 | ||
| Sortino ratioReturn per unit of downside risk | +2.78 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 0.82 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 0.69 | -0.88 | +1.57 |
| Martin ratioReturn relative to average drawdown | 1.49 | -1.27 | +2.76 |
Loading charts...
Drawdowns
BLOK vs. MSTR - Drawdown Comparison
The maximum BLOK drawdown since its inception was -73.33%, smaller than the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for BLOK and MSTR.
Loading charts...
Drawdown Indicators
| BLOK | MSTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.33% | -99.86% | +26.53% |
Max Drawdown (1Y)Largest decline over 1 year | -35.64% | -76.53% | +40.89% |
Max Drawdown (3Y)Largest decline over 3 years | -35.64% | -77.42% | +41.78% |
Max Drawdown (5Y)Largest decline over 5 years | -73.33% | -84.11% | +10.78% |
Max Drawdown (10Y)Largest decline over 10 years | — | -89.27% | — |
Current DrawdownCurrent decline from peak | -12.97% | -73.84% | +60.87% |
Average DrawdownAverage peak-to-trough decline | -26.03% | -86.45% | +60.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.41% | 53.01% | -36.60% |
Volatility
BLOK vs. MSTR - Volatility Comparison
The current volatility for Amplify Blockchain Technology ETF (BLOK) is 13.34%, while Strategy Inc (MSTR) has a volatility of 21.60%. This indicates that BLOK 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.
Loading charts...
Volatility by Period
| BLOK | MSTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.34% | 21.60% | -8.26% |
Volatility (6M)Calculated over the trailing 6-month period | 30.02% | 57.34% | -27.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.18% | 71.15% | -31.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.53% | 90.79% | -48.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.05% | 73.80% | -34.75% |
Dividends
BLOK vs. MSTR - Dividend Comparison
BLOK's dividend yield for the trailing twelve months is around 0.64%, while MSTR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BLOK Amplify Blockchain Technology ETF | 0.64% | 0.72% | 6.00% | 1.15% | 0.00% | 14.31% | 1.88% | 2.05% | 1.30% |
MSTR Strategy Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BLOK and MSTR have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTR has higher volatility (21.60%) compared to BLOK (13.34%). In terms of maximum drawdown, BLOK dropped -73.33% vs MSTR's -99.86%.
BLOK currently has the higher Sharpe Ratio (0.63 vs -0.95), 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.
Find the right allocation for BLOK and MSTR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer