FIL-USD vs. MSTR

Last updated Apr 2, 2026

Compare and contrast key facts about FilecoinFutures (FIL-USD) and MicroStrategy Incorporated (MSTR).

Performance

FIL-USD vs. MSTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FilecoinFutures (FIL-USD) and MicroStrategy Incorporated (MSTR). The values are adjusted to include any dividend payments, if applicable.

FIL-USD vs. MSTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FIL-USD FilecoinFutures	-36.55%	-73.81%	-28.62%	130.09%	-91.21%	40.46%	625.46%	15.13%	-85.50%	74.98%
MSTR MicroStrategy Incorporated	-19.20%	-47.53%	358.54%	346.15%	-74.00%	40.13%	172.42%	11.65%	-2.70%	-0.80%

Returns By Period

In the year-to-date period, FIL-USD achieves a -36.55% return, which is significantly lower than MSTR's -19.20% return.

FIL-USD

• 1D: -1.20%
• 1M: -16.82%
• YTD: -36.55%
• 6M: -64.29%
• 1Y: -71.06%
• 3Y*: -47.11%
• 5Y*: -65.66%
• 10Y*: —

MSTR

• 1D: -1.62%
• 1M: -10.80%
• YTD: -19.20%
• 6M: -63.72%
• 1Y: -59.88%
• 3Y*: 61.35%
• 5Y*: 11.78%
• 10Y*: 20.98%

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

Return for Risk

FIL-USD vs. MSTR — Risk / Return Rank

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

FIL-USD

FIL-USD Risk / Return Rank: 42
FIL-USD Sharpe Ratio Rank: 44
FIL-USD Sortino Ratio Rank: 33
FIL-USD Omega Ratio Rank: 34
FIL-USD Calmar Ratio Rank: 52
FIL-USD Martin Ratio Rank: 45

MSTR

MSTR Risk / Return Rank: 11
MSTR Sharpe Ratio Rank: 8
MSTR Sortino Ratio Rank: 7
MSTR Omega Ratio Rank: 10
MSTR Calmar Ratio Rank: 14
MSTR Martin Ratio Rank: 15

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.

FIL-USD vs. MSTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FilecoinFutures (FIL-USD) 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.

	FIL-USD	MSTR	Difference
Sharpe ratio Return per unit of total volatility	-0.59	-0.81	+0.23
Sortino ratio Return per unit of downside risk	-0.93	-1.27	+0.35
Omega ratio Gain probability vs. loss probability	0.91	0.86	+0.05
Calmar ratio Return relative to maximum drawdown	-1.07	-0.75	-0.32
Martin ratio Return relative to average drawdown	-1.62	-1.30	-0.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FIL-USD vs. MSTR - Sharpe Ratio Comparison

The current FIL-USD Sharpe Ratio is -0.59, which is comparable to the MSTR Sharpe Ratio of -0.81. The chart below compares the historical Sharpe Ratios of FIL-USD and MSTR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FIL-USD	MSTR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.59	-0.81	+0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.60	0.13	-0.73
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.29	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	0.12	-0.29

Correlation

The correlation between FIL-USD and MSTR is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

FIL-USD vs. MSTR - Drawdown Comparison

The maximum FIL-USD drawdown since its inception was -99.58%, roughly equal to the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for FIL-USD and MSTR.

Drawdown Indicators

	FIL-USD	MSTR	Difference
Max Drawdown Largest peak-to-trough decline	-99.58%	-99.86%	+0.28%
Max Drawdown (1Y) Largest decline over 1 year	-76.17%	-76.53%	+0.36%
Max Drawdown (5Y) Largest decline over 5 years	-99.56%	-84.11%	-15.45%
Max Drawdown (10Y) Largest decline over 10 years	—	-89.27%	—
Current Drawdown Current decline from peak	-99.57%	-74.09%	-25.48%
Average Drawdown Average peak-to-trough decline	-81.52%	-86.60%	+5.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	50.29%	44.22%	+6.07%

Volatility

FIL-USD vs. MSTR - Volatility Comparison

FilecoinFutures (FIL-USD) has a higher volatility of 20.62% compared to MicroStrategy Incorporated (MSTR) at 18.44%. This indicates that FIL-USD's price experiences larger fluctuations and is considered to be riskier than MSTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIL-USD	MSTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.62%	18.44%	+2.18%
Volatility (6M) Calculated over the trailing 6-month period	95.32%	55.57%	+39.75%
Volatility (1Y) Calculated over the trailing 1-year period	100.78%	74.11%	+26.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	91.07%	91.29%	-0.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	132.85%	73.15%	+59.70%