MARO vs. MSTR
MARO (YieldMax MARA Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax, while MSTR (Strategy Inc) is a stock. Over the past year, MARO returned -26.17% vs -67.34% for MSTR. A 0.67 correlation means they provide meaningful diversification when combined.
Performance
MARO vs. MSTR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MARO achieves a 27.88% return, which is significantly higher than MSTR's -16.72% return.
MARO
- 1D
- -2.22%
- 1M
- 12.47%
- YTD
- 27.88%
- 6M
- -0.14%
- 1Y
- -26.17%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MSTR
- 1D
- -7.01%
- 1M
- -31.15%
- YTD
- -16.72%
- 6M
- -32.83%
- 1Y
- -67.34%
- 3Y*
- 61.19%
- 5Y*
- 21.16%
- 10Y*
- 20.96%
MARO vs. MSTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MARO YieldMax MARA Option Income Strategy ETF | 27.88% | -48.05% | -19.61% |
MSTR Strategy Inc | -16.72% | -47.53% | -23.24% |
Correlation
The correlation between MARO and MSTR is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 2024 | 0.67 |
The correlation between MARO and MSTR has been stable across timeframes, ranging from 0.67 to 0.67 - a consistent structural relationship.
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
MARO vs. MSTR — Risk / Return Rank
MARO
MSTR
MARO vs. MSTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax MARA Option Income Strategy ETF (MARO) 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.
| MARO | MSTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +1.49 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.81 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.40 | -0.88 | +0.48 |
| Martin ratioReturn relative to average drawdown | -0.68 | -1.31 | +0.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| MARO | MSTR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.43 | -0.96 | +0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.23 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.29 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.54 | 0.12 | -0.66 |
Drawdowns
MARO vs. MSTR - Drawdown Comparison
The maximum MARO drawdown since its inception was -71.75%, smaller than the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for MARO and MSTR.
Loading charts...
Drawdown Indicators
| MARO | MSTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.75% | -99.86% | +28.11% |
Max Drawdown (1Y)Largest decline over 1 year | -65.51% | -76.53% | +11.02% |
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 DrawdownCurrent decline from peak | -51.27% | -73.29% | +22.02% |
Average DrawdownAverage peak-to-trough decline | -41.97% | -86.48% | +44.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.58% | 51.59% | -13.01% |
Volatility
MARO vs. MSTR - Volatility Comparison
The current volatility for YieldMax MARA Option Income Strategy ETF (MARO) is 11.56%, while Strategy Inc (MSTR) has a volatility of 19.43%. This indicates that MARO 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
| MARO | MSTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.56% | 19.43% | -7.87% |
Volatility (6M)Calculated over the trailing 6-month period | 46.34% | 56.49% | -10.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.49% | 70.30% | -8.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.15% | 90.79% | -25.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.15% | 73.70% | -8.55% |
Dividends
MARO vs. MSTR - Dividend Comparison
MARO's dividend yield for the trailing twelve months is around 183.99%, while MSTR has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
MARO YieldMax MARA Option Income Strategy ETF | 183.99% | 277.68% |
MSTR Strategy Inc | 0.00% | 0.00% |
Frequently Asked Questions
MARO and MSTR have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTR has higher volatility (19.43%) compared to MARO (11.56%). In terms of maximum drawdown, MARO dropped -71.75% vs MSTR's -99.86%.
MARO currently has the higher Sharpe Ratio (-0.43 vs -0.96), 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 MARO 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