BTYB vs. MSTR

Last updated Jun 23, 2026

BTYB (VistaShares BitBonds 5 Yr Enhanced Weekly Distribution ETF) is Derivative Income fund actively managed by VistaShares, while MSTR (Strategy Inc) is a stock. Their correlation of 0.84 suggests significant overlap in exposure.

Performance

BTYB vs. MSTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VistaShares BitBonds 5 Yr Enhanced Weekly Distribution ETF (BTYB) and Strategy Inc (MSTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BTYB

• 1D: 0.04%
• 1M: -2.85%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MSTR

• 1D: -2.73%
• 1M: -31.54%
• YTD: -27.96%
• 6M: -33.39%
• 1Y: -70.39%
• 3Y*: 49.27%
• 5Y*: 14.63%
• 10Y*: 20.25%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BTYB vs. MSTR - Yearly Performance Comparison

	2026 (YTD)
BTYB VistaShares BitBonds 5 Yr Enhanced Weekly Distribution ETF	-3.43%
MSTR Strategy Inc	-21.61%

Correlation

The correlation between BTYB and MSTR is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 3, 2026	0.84

Return for Risk

BTYB vs. MSTR — Risk / Return Rank

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

BTYB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

MSTR

MSTR Risk / Return Rank: 6
MSTR Sharpe Ratio Rank: 5
MSTR Sortino Ratio Rank: 3
MSTR Omega Ratio Rank: 6
MSTR Calmar Ratio Rank: 6
MSTR Martin Ratio Rank: 11

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.

BTYB vs. MSTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VistaShares BitBonds 5 Yr Enhanced Weekly Distribution ETF (BTYB) 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.

	BTYB	MSTR	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.98	—
Sortino ratio: Return per unit of downside risk	—	-1.86	—
Omega ratio: Gain probability vs. loss probability	—	0.80	—
Calmar ratio: Return relative to maximum drawdown	—	-0.92	—
Martin ratio: Return relative to average drawdown	—	-1.30	—

Drawdowns

BTYB vs. MSTR - Drawdown Comparison

The maximum BTYB drawdown since its inception was -5.64%, smaller than the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for BTYB and MSTR.

Drawdown Indicators

	BTYB	MSTR	Difference
Max Drawdown Largest peak-to-trough decline	-5.64%	-99.86%	+94.22%
Max Drawdown (1Y) Largest decline over 1 year	—	-76.53%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-77.42%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-84.11%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-89.27%	—
Current Drawdown Current decline from peak	-4.34%	-76.90%	+72.56%
Average Drawdown Average peak-to-trough decline	-1.72%	-86.45%	+84.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	54.03%	—

Volatility

Volatility by Period

	BTYB	MSTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	21.83%	—
Volatility (6M) Calculated over the trailing 6-month period	—	57.40%	—
Volatility (1Y) Calculated over the trailing 1-year period	8.90%	72.01%	-63.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.90%	90.54%	-81.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.90%	73.91%	-65.01%

Dividends

BTYB vs. MSTR - Dividend Comparison

BTYB's dividend yield for the trailing twelve months is around 3.03%, while MSTR has not paid dividends to shareholders.

Position	TTM
BTYB VistaShares BitBonds 5 Yr Enhanced Weekly Distribution ETF	3.03%
MSTR Strategy Inc	0.00%

Frequently Asked Questions

Can I hold both BTYB and MSTR in my portfolio?

BTYB and MSTR have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.