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 0.76, 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
BRRR vs. MSTR - Performance Comparison
Key characteristics
BRRR:
2.49
MSTR:
3.85
BRRR:
1.29
MSTR:
1.45
BRRR:
11.98%
MSTR:
21.43%
BRRR:
56.45%
MSTR:
110.69%
BRRR:
-27.37%
MSTR:
-99.86%
BRRR:
-9.66%
MSTR:
-27.79%
Returns By Period
In the year-to-date period, BRRR achieves a 3.21% return, which is significantly lower than MSTR's 18.14% return.
BRRR
3.21%
-5.18%
47.73%
118.93%
N/A
N/A
MSTR
18.14%
-16.27%
105.59%
604.74%
88.21%
36.13%
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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.
Not enough dataDividends
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 -27.37%, 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 15.38%, while MicroStrategy Incorporated (MSTR) has a volatility of 32.62%. 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.