CRCL vs. MSTR

Last updated Jun 3, 2026

CRCL (Circle Internet Group, Inc) and MSTR (Strategy Inc) are both stocks. CRCL operates in Capital Markets (Financial Services), while MSTR operates in Software - Application (Technology). At a 0.48 correlation, their price movements are largely independent.

Performance

CRCL vs. MSTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Circle Internet Group, Inc (CRCL) and Strategy Inc (MSTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRCL achieves a 27.18% return, which is significantly higher than MSTR's -10.44% return.

CRCL

• 1D: -3.92%
• 1M: 1.15%
• YTD: 27.18%
• 6M: 30.23%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MSTR

• 1D: -9.15%
• 1M: -23.19%
• YTD: -10.44%
• 6M: -24.95%
• 1Y: -63.45%
• 3Y*: 65.15%
• 5Y*: 22.73%
• 10Y*: 21.84%

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

CRCL vs. MSTR - Yearly Performance Comparison

	2026 (YTD)	2025
CRCL Circle Internet Group, Inc	27.18%	155.81%
MSTR Strategy Inc	-10.44%	-59.81%

Correlation

The correlation between CRCL and MSTR is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	0.48

Fundamentals

EPS CRCL : -$0.54 MSTR : -$40.19
PS Ratio CRCL : 5.14 MSTR : 85.31
Total Revenue (TTM) CRCL : $2.86B MSTR : $490.47M
Gross Profit (TTM) CRCL : $57.27M MSTR : $334.08M
EBITDA (TTM) CRCL : -$129.43M MSTR : $466.93M

Return for Risk

CRCL vs. MSTR — Risk / Return Rank

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

MSTR

MSTR Risk / Return Rank: 8
MSTR Sharpe Ratio Rank: 6
MSTR Sortino Ratio Rank: 5
MSTR Omega Ratio Rank: 7
MSTR Calmar Ratio Rank: 9
MSTR Martin Ratio Rank: 12

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.

CRCL vs. MSTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Circle Internet Group, Inc (CRCL) 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.

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

Sharpe Ratios by Period

	CRCL	MSTR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.91	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.25	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.30	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.12	0.13	+1.00

Drawdowns

CRCL vs. MSTR - Drawdown Comparison

The maximum CRCL drawdown since its inception was -80.93%, smaller than the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for CRCL and MSTR.

Drawdown Indicators

	CRCL	MSTR	Difference
Max Drawdown Largest peak-to-trough decline	-80.93%	-99.86%	+18.93%
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	-61.72%	-71.28%	+9.56%
Average Drawdown Average peak-to-trough decline	-53.41%	-86.48%	+33.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	51.39%	—

Volatility

Volatility by Period

	CRCL	MSTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	19.27%	—
Volatility (6M) Calculated over the trailing 6-month period	—	56.14%	—
Volatility (1Y) Calculated over the trailing 1-year period	205.24%	69.99%	+135.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	205.24%	90.74%	+114.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	205.24%	73.68%	+131.56%

Dividends

CRCL vs. MSTR - Dividend Comparison

Neither CRCL nor MSTR has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both CRCL and MSTR in my portfolio?

CRCL and MSTR have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.