BRRR vs. MSTR
Compare and contrast key facts about Valkyrie Bitcoin ETF (BRRR) and MicroStrategy Incorporated (MSTR).
BRRR is a passively managed fund by Valkyrie Digital Assets that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 10, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BRRR or MSTR.
Correlation
The correlation between BRRR and MSTR is 0.36, 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.
Performance
BRRR vs. MSTR - Performance Comparison
Key characteristics
BRRR:
0.75
MSTR:
1.60
BRRR:
1.37
MSTR:
2.41
BRRR:
1.16
MSTR:
1.28
BRRR:
1.44
MSTR:
2.45
BRRR:
3.15
MSTR:
6.93
BRRR:
12.82%
MSTR:
23.75%
BRRR:
54.13%
MSTR:
102.96%
BRRR:
-28.13%
MSTR:
-99.86%
BRRR:
-12.34%
MSTR:
-26.06%
Returns By Period
In the year-to-date period, BRRR achieves a 0.15% return, which is significantly lower than MSTR's 20.97% return.
BRRR
0.15%
6.21%
37.04%
46.11%
N/A
N/A
MSTR
20.97%
2.50%
48.52%
176.80%
95.01%
35.15%
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
BRRR vs. MSTR — Risk-Adjusted Performance Rank
BRRR
MSTR
BRRR vs. MSTR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Valkyrie Bitcoin ETF (BRRR) 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
BRRR vs. MSTR - Dividend Comparison
Neither BRRR nor MSTR has paid dividends to shareholders.
Drawdowns
BRRR vs. MSTR - Drawdown Comparison
The maximum BRRR drawdown since its inception was -28.13%, smaller than the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for BRRR and MSTR. For additional features, visit the drawdowns tool.
Volatility
BRRR vs. MSTR - Volatility Comparison
The current volatility for Valkyrie Bitcoin ETF (BRRR) is 16.35%, while MicroStrategy Incorporated (MSTR) has a volatility of 36.48%. This indicates that BRRR 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.