KKR vs. MSTR
KKR (KKR & Co. Inc.) and MSTR (Strategy Inc) are both stocks. KKR operates in Asset Management (Financial Services), while MSTR operates in Software - Application (Technology). Over the past 10 years, KKR returned 24.52%/yr vs 20.92%/yr for MSTR. At a 0.39 correlation, their price movements are largely independent.
Performance
KKR vs. MSTR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KKR achieves a -24.22% return, which is significantly lower than MSTR's -18.41% return. Over the past 10 years, KKR has outperformed MSTR with an annualized return of 24.52%, while MSTR has yielded a comparatively lower 20.92% annualized return.
KKR
- 1D
- 0.99%
- 1M
- -1.03%
- YTD
- -24.22%
- 6M
- -29.28%
- 1Y
- -22.64%
- 3Y*
- 19.99%
- 5Y*
- 12.18%
- 10Y*
- 24.52%
MSTR
- 1D
- 3.18%
- 1M
- -30.37%
- YTD
- -18.41%
- 6M
- -29.74%
- 1Y
- -67.36%
- 3Y*
- 63.46%
- 5Y*
- 19.14%
- 10Y*
- 20.92%
KKR vs. MSTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KKR KKR & Co. Inc. | -24.22% | -13.32% | 79.65% | 80.48% | -36.98% | 85.76% | 41.13% | 51.57% | -4.28% | 41.78% |
MSTR Strategy Inc | -18.41% | -47.53% | 358.54% | 346.15% | -74.00% | 40.13% | 172.42% | 11.65% | -2.70% | -33.49% |
Correlation
The correlation between KKR and MSTR is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2010 | 0.39 |
The correlation between KKR and MSTR shifts across timeframes, from 0.32 (1 year) to 0.44 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
KKR:
$91.83B
MSTR:
$41.40B
KKR:
$3.10
MSTR:
-$40.19
KKR:
4.60
MSTR:
77.72
KKR:
1.14
MSTR:
1.13
KKR:
$19.99B
MSTR:
$490.47M
KKR:
$8.35B
MSTR:
$334.08M
KKR:
$9.97B
MSTR:
$466.93M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
KKR vs. MSTR — Risk / Return Rank
KKR
MSTR
KKR vs. MSTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KKR & Co. Inc. (KKR) 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.
| KKR | MSTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +1.03 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 0.82 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | -0.88 | +0.37 |
| Martin ratioReturn relative to average drawdown | -0.92 | -1.27 | +0.35 |
Loading charts...
Drawdowns
KKR vs. MSTR - Drawdown Comparison
The maximum KKR drawdown since its inception was -53.10%, smaller than the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for KKR and MSTR.
Loading charts...
Drawdown Indicators
| KKR | MSTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.10% | -99.86% | +46.76% |
Max Drawdown (1Y)Largest decline over 1 year | -44.62% | -76.53% | +31.91% |
Max Drawdown (3Y)Largest decline over 3 years | -49.42% | -77.42% | +28.00% |
Max Drawdown (5Y)Largest decline over 5 years | -49.42% | -84.11% | +34.69% |
Max Drawdown (10Y)Largest decline over 10 years | -49.42% | -89.27% | +39.85% |
Current DrawdownCurrent decline from peak | -41.85% | -73.84% | +31.99% |
Average DrawdownAverage peak-to-trough decline | -16.22% | -86.45% | +70.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.65% | 53.01% | -28.36% |
Volatility
KKR vs. MSTR - Volatility Comparison
The current volatility for KKR & Co. Inc. (KKR) is 9.89%, while Strategy Inc (MSTR) has a volatility of 21.60%. This indicates that KKR 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.
Loading charts...
Volatility by Period
| KKR | MSTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.89% | 21.60% | -11.71% |
Volatility (6M)Calculated over the trailing 6-month period | 29.26% | 57.34% | -28.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.32% | 71.15% | -33.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.23% | 90.79% | -51.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.62% | 73.80% | -37.18% |
Dividends
KKR vs. MSTR - Dividend Comparison
KKR's dividend yield for the trailing twelve months is around 0.78%, while MSTR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KKR KKR & Co. Inc. | 0.78% | 0.57% | 0.47% | 0.78% | 1.31% | 0.77% | 1.31% | 1.71% | 3.23% | 3.18% | 4.16% | 10.13% |
MSTR Strategy Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
KKR vs. MSTR - Financials Comparison
This section allows you to compare key financial metrics between KKR & Co. Inc. 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
KKR and MSTR have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTR has higher volatility (21.60%) compared to KKR (9.89%). In terms of maximum drawdown, KKR dropped -53.10% vs MSTR's -99.86%.
KKR currently has the higher Sharpe Ratio (-0.61 vs -0.95), 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.
Find the right allocation for KKR and MSTR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer