CORZZ vs. MSTR
CORZZ (Core Scientific Inc. Tranche 2 Warrants) and MSTR (Strategy Inc) are both stocks. Both are in the Technology sector — CORZZ in Software - Infrastructure, MSTR in Software - Application. Over the past year, CORZZ returned 81.37% vs -78.81% for MSTR. At a 0.44 correlation, their price movements are largely independent.
Performance
CORZZ vs. MSTR - Performance Comparison
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Returns By Period
In the year-to-date period, CORZZ achieves a 55.30% return, which is significantly higher than MSTR's -39.39% return.
CORZZ
- 1D
- -5.70%
- 1M
- -17.80%
- 6M
- 29.62%
- YTD
- 55.30%
- 1Y
- 81.37%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MSTR
- 1D
- -2.68%
- 1M
- -25.71%
- 6M
- -43.23%
- YTD
- -39.39%
- 1Y
- -78.81%
- 3Y*
- 26.14%
- 5Y*
- 10.45%
- 10Y*
- 17.27%
CORZZ vs. MSTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CORZZ Core Scientific Inc. Tranche 2 Warrants | 55.30% | 3.71% | 601.00% |
MSTR Strategy Inc | -39.39% | -47.53% | 543.33% |
Correlation
The correlation between CORZZ and MSTR is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 2024 | 0.44 |
Fundamentals
CORZZ:
$7.04B
MSTR:
$27.36B
CORZZ:
-$3.80
MSTR:
-$39.78
CORZZ:
20.36
MSTR:
58.33
CORZZ:
$354.74M
MSTR:
$490.47M
CORZZ:
$59.79M
MSTR:
$334.08M
CORZZ:
$78.17M
MSTR:
$466.93M
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Return for Risk
CORZZ vs. MSTR — Risk / Return Rank
CORZZ
MSTR
CORZZ vs. MSTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Core Scientific Inc. Tranche 2 Warrants (CORZZ) 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.
| CORZZ | MSTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.34 | ||
| Sortino ratioReturn per unit of downside risk | +4.25 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.76 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 2.03 | -0.96 | +2.99 |
| Martin ratioReturn relative to average drawdown | 4.25 | -1.38 | +5.63 |
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Drawdowns
CORZZ vs. MSTR - Drawdown Comparison
The maximum CORZZ drawdown since its inception was -65.20%, smaller than the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for CORZZ and MSTR.
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Drawdown Indicators
| CORZZ | MSTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.20% | -99.86% | +34.66% |
Max Drawdown (1Y)Largest decline over 1 year | -40.39% | -81.95% | +41.56% |
Max Drawdown (3Y)Largest decline over 3 years | — | -82.63% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -84.11% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -89.27% | — |
Current DrawdownCurrent decline from peak | -22.41% | -80.56% | +58.15% |
Average DrawdownAverage peak-to-trough decline | -21.16% | -86.43% | +65.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.20% | 57.18% | -37.98% |
Volatility
CORZZ vs. MSTR - Volatility Comparison
The current volatility for Core Scientific Inc. Tranche 2 Warrants (CORZZ) is 19.27%, while Strategy Inc (MSTR) has a volatility of 26.76%. This indicates that CORZZ 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.
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Volatility by Period
| CORZZ | MSTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.27% | 26.76% | -7.49% |
Volatility (6M)Calculated over the trailing 6-month period | 48.20% | 61.05% | -12.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.27% | 74.29% | -10.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 97.06% | 90.78% | +6.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 97.06% | 74.25% | +22.81% |
Dividends
CORZZ vs. MSTR - Dividend Comparison
Neither CORZZ nor MSTR has paid dividends to shareholders.
Financials
CORZZ vs. MSTR - Financials Comparison
This section allows you to compare key financial metrics between Core Scientific Inc. Tranche 2 Warrants and Strategy Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
CORZZ and MSTR have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTR has higher volatility (26.76%) compared to CORZZ (19.27%). In terms of maximum drawdown, CORZZ dropped -65.20% vs MSTR's -99.86%.
CORZZ currently has the higher Sharpe Ratio (1.28 vs -1.06), 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.
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