GBTC vs. MSTR
Compare and contrast key facts about Grayscale Bitcoin Trust (BTC) (GBTC) and MicroStrategy Incorporated (MSTR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GBTC or MSTR.
Key characteristics
| GBTC | MSTR | |
|---|---|---|
| YTD Return | 110.31% | 439.33% |
| 1Y Return | 151.20% | 596.51% |
| 3Y Return (Ann) | 15.70% | 65.68% |
| 5Y Return (Ann) | 48.07% | 85.37% |
| Sharpe Ratio | 2.47 | 5.53 |
| Sortino Ratio | 2.90 | 4.20 |
| Omega Ratio | 1.35 | 1.50 |
| Calmar Ratio | 2.96 | 6.70 |
| Martin Ratio | 9.36 | 27.26 |
| Ulcer Index | 15.45% | 21.03% |
| Daily Std Dev | 58.61% | 103.67% |
| Max Drawdown | -89.91% | -99.86% |
| Current Drawdown | 0.00% | -4.47% |
Fundamentals
| GBTC | MSTR |
|---|
Correlation
The correlation between GBTC and MSTR is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GBTC vs. MSTR - Performance Comparison
In the year-to-date period, GBTC achieves a 110.31% return, which is significantly lower than MSTR's 439.33% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
GBTC vs. MSTR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Grayscale Bitcoin Trust (BTC) (GBTC) 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.
Dividends
GBTC vs. MSTR - Dividend Comparison
Neither GBTC nor MSTR has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
GBTC Grayscale Bitcoin Trust (BTC) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.23% |
MSTR MicroStrategy Incorporated | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GBTC vs. MSTR - Drawdown Comparison
The maximum GBTC drawdown since its inception was -89.91%, smaller than the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for GBTC and MSTR. For additional features, visit the drawdowns tool.
Volatility
GBTC vs. MSTR - Volatility Comparison
The current volatility for Grayscale Bitcoin Trust (BTC) (GBTC) is 18.35%, while MicroStrategy Incorporated (MSTR) has a volatility of 32.85%. This indicates that GBTC 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.
Financials
GBTC vs. MSTR - Financials Comparison
This section allows you to compare key financial metrics between Grayscale Bitcoin Trust (BTC) and MicroStrategy Incorporated. 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