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 0.75, 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:
0.45
MSTR:
0.91
BRRR:
1.02
MSTR:
1.85
BRRR:
1.12
MSTR:
1.21
BRRR:
0.88
MSTR:
1.35
BRRR:
1.92
MSTR:
3.94
BRRR:
12.56%
MSTR:
23.06%
BRRR:
53.90%
MSTR:
100.14%
BRRR:
-27.37%
MSTR:
-99.86%
BRRR:
-18.70%
MSTR:
-34.04%
Returns By Period
In the year-to-date period, BRRR achieves a -7.11% return, which is significantly lower than MSTR's 7.91% return.
BRRR
-7.11%
0.94%
44.19%
31.32%
N/A
N/A
MSTR
7.91%
24.56%
89.83%
97.96%
95.03%
33.91%
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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.
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 -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 16.80%, while MicroStrategy Incorporated (MSTR) has a volatility of 33.55%. 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.