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BTC-USD vs. STRF
Performance
Return for Risk
Drawdowns
Volatility

Performance

BTC-USD vs. STRF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitcoin (BTC-USD) and Strategy 10.00% Series A Perpetual Strife Preferred Stock (STRF). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BTC-USD achieves a -24.33% return, which is significantly lower than STRF's -4.08% return.


BTC-USD

1D
0.77%
1M
-15.23%
YTD
-24.33%
6M
-23.38%
1Y
-37.30%
3Y*
35.99%
5Y*
11.54%
10Y*
56.48%

STRF

1D
-0.76%
1M
-5.64%
YTD
-4.08%
6M
-8.94%
1Y
-2.01%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

BTC-USD vs. STRF - Yearly Performance Comparison


2026 (YTD)2025
BTC-USD
Bitcoin
-24.33%0.08%
STRF
Strategy 10.00% Series A Perpetual Strife Preferred Stock
-4.08%14.48%

Correlation

The correlation between BTC-USD and STRF is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.33

Correlation (All Time)
Calculated using the full available price history since Mar 26, 2025

0.31

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Return for Risk

BTC-USD vs. STRF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BTC-USD
BTC-USD Risk / Return Rank: 3636
Overall Rank
BTC-USD Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
BTC-USD Sortino Ratio Rank: 3636
Sortino Ratio Rank
BTC-USD Omega Ratio Rank: 3535
Omega Ratio Rank
BTC-USD Calmar Ratio Rank: 5151
Calmar Ratio Rank
BTC-USD Martin Ratio Rank: 3636
Martin Ratio Rank

STRF
STRF Risk / Return Rank: 3737
Overall Rank
STRF Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
STRF Sortino Ratio Rank: 3333
Sortino Ratio Rank
STRF Omega Ratio Rank: 3333
Omega Ratio Rank
STRF Calmar Ratio Rank: 4040
Calmar Ratio Rank
STRF Martin Ratio Rank: 3939
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BTC-USD vs. STRF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) and Strategy 10.00% Series A Perpetual Strife Preferred Stock (STRF). 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.


BTC-USDSTRFDifference
Sharpe ratioReturn per unit of total volatility

-0.79

Sortino ratioReturn per unit of downside risk

-1.23

Omega ratioGain probability vs. loss probability

0.88

1.01

-0.13

Calmar ratioReturn relative to maximum drawdown

-0.73

-0.08

-0.64

Martin ratioReturn relative to average drawdown

-1.26

-0.15

-1.11

BTC-USD vs. STRF - Sharpe Ratio Comparison

The current BTC-USD Sharpe Ratio is -0.87, which is lower than the STRF Sharpe Ratio of -0.08. The chart below compares the historical Sharpe Ratios of BTC-USD and STRF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

BTC-USD vs. STRF - Drawdown Comparison

The maximum BTC-USD drawdown since its inception was -85.30%, which is greater than STRF's maximum drawdown of -24.01%. Use the drawdown chart below to compare losses from any high point for BTC-USD and STRF.


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Drawdown Indicators


BTC-USDSTRFDifference

Max Drawdown

Largest peak-to-trough decline

-85.30%

-24.01%

-61.29%

Max Drawdown (1Y)

Largest decline over 1 year

-51.21%

-24.01%

-27.20%

Max Drawdown (3Y)

Largest decline over 3 years

-51.21%

Max Drawdown (5Y)

Largest decline over 5 years

-76.67%

Max Drawdown (10Y)

Largest decline over 10 years

-83.80%

Current Drawdown

Current decline from peak

-46.91%

-19.81%

-27.10%

Average Drawdown

Average peak-to-trough decline

-42.38%

-10.84%

-31.54%

Ulcer Index

Depth and duration of drawdowns from previous peaks

34.75%

13.62%

+21.13%

Volatility

BTC-USD vs. STRF - Volatility Comparison

Bitcoin (BTC-USD) has a higher volatility of 12.14% compared to Strategy 10.00% Series A Perpetual Strife Preferred Stock (STRF) at 5.16%. This indicates that BTC-USD's price experiences larger fluctuations and is considered to be riskier than STRF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BTC-USDSTRFDifference

Volatility (1M)

Calculated over the trailing 1-month period

12.14%

5.16%

+6.98%

Volatility (6M)

Calculated over the trailing 6-month period

34.59%

14.29%

+20.30%

Volatility (1Y)

Calculated over the trailing 1-year period

35.62%

24.46%

+11.16%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

44.55%

24.44%

+20.11%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

56.55%

24.44%

+32.11%

Frequently Asked Questions


BTC-USD and STRF have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BTC-USD has higher volatility (12.14%) compared to STRF (5.16%). In terms of maximum drawdown, BTC-USD dropped -85.30% vs STRF's -24.01%.

STRF currently has the higher Sharpe Ratio (-0.08 vs -0.87), 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.

Portfolio Optimizer

Find the right allocation for BTC-USD and STRF

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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