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MKR-USD vs. MSTR
Performance
Return for Risk
Drawdowns
Volatility

Performance

MKR-USD vs. MSTR - Performance Comparison

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

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Returns By Period

In the year-to-date period, MKR-USD achieves a 3.42% return, which is significantly higher than MSTR's -39.39% return.


MKR-USD

1D
-0.00%
1M
-2.24%
6M
-0.82%
YTD
3.42%
1Y
-25.78%
3Y*
17.10%
5Y*
-11.16%
10Y*

MSTR

1D
-2.68%
1M
-25.71%
6M
-43.23%
YTD
-39.39%
1Y
-78.81%
3Y*
26.14%
5Y*
10.45%
10Y*
17.27%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MKR-USD vs. MSTR - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MKR-USD
Maker
3.42%-9.60%-12.34%233.05%-78.16%298.17%34.86%-4.43%-53.44%3,893.64%
MSTR
Strategy Inc
-39.39%-47.53%358.54%346.15%-74.00%40.13%172.42%11.65%-2.70%4.41%

Correlation

The correlation between MKR-USD and MSTR is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.35

Correlation (3Y)
Calculated over the trailing 3-year period

0.31

Correlation (5Y)
Calculated over the trailing 5-year period

0.37

Correlation (All Time)
Calculated using the full available price history since Aug 26, 2017

0.27

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Return for Risk

MKR-USD vs. MSTR — Risk / Return Rank

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

MKR-USD
MKR-USD Risk / Return Rank: 7979
Overall Rank
MKR-USD Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
MKR-USD Sortino Ratio Rank: 8181
Sortino Ratio Rank
MKR-USD Omega Ratio Rank: 8181
Omega Ratio Rank
MKR-USD Calmar Ratio Rank: 8080
Calmar Ratio Rank
MKR-USD Martin Ratio Rank: 7878
Martin Ratio Rank

MSTR
MSTR Risk / Return Rank: 55
Overall Rank
MSTR Sharpe Ratio Rank: 44
Sharpe Ratio Rank
MSTR Sortino Ratio Rank: 22
Sortino Ratio Rank
MSTR Omega Ratio Rank: 44
Omega Ratio Rank
MSTR Calmar Ratio Rank: 44
Calmar Ratio Rank
MSTR Martin Ratio Rank: 99
Martin Ratio Rank
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.

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

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


MKR-USDMSTRDifference
Sharpe ratioReturn per unit of total volatility

+0.71

Sortino ratioReturn per unit of downside risk

+2.32

Omega ratioGain probability vs. loss probability

0.99

0.76

+0.24

Calmar ratioReturn relative to maximum drawdown

-0.47

-0.96

+0.50

Martin ratioReturn relative to average drawdown

-0.81

-1.38

+0.57

MKR-USD vs. MSTR - Sharpe Ratio Comparison

The current MKR-USD Sharpe Ratio is -0.36, which is higher than the MSTR Sharpe Ratio of -1.06. The chart below compares the historical Sharpe Ratios of MKR-USD and MSTR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

MKR-USD vs. MSTR - Drawdown Comparison

The maximum MKR-USD drawdown since its inception was -91.59%, smaller than the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for MKR-USD and MSTR.


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Drawdown Indicators


MKR-USDMSTRDifference

Max Drawdown

Largest peak-to-trough decline

-91.59%

-99.86%

+8.27%

Max Drawdown (1Y)

Largest decline over 1 year

-57.25%

-81.95%

+24.70%

Max Drawdown (3Y)

Largest decline over 3 years

-77.22%

-82.63%

+5.41%

Max Drawdown (5Y)

Largest decline over 5 years

-87.00%

-84.11%

-2.89%

Max Drawdown (10Y)

Largest decline over 10 years

-89.27%

Current Drawdown

Current decline from peak

-76.79%

-80.56%

+3.77%

Average Drawdown

Average peak-to-trough decline

-66.30%

-86.43%

+20.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

13.43%

57.18%

-43.75%

Volatility

MKR-USD vs. MSTR - Volatility Comparison

The current volatility for Maker (MKR-USD) is 23.48%, while Strategy Inc (MSTR) has a volatility of 26.76%. This indicates that MKR-USD 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.


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Volatility by Period


MKR-USDMSTRDifference

Volatility (1M)

Calculated over the trailing 1-month period

23.48%

26.76%

-3.28%

Volatility (6M)

Calculated over the trailing 6-month period

50.32%

61.05%

-10.73%

Volatility (1Y)

Calculated over the trailing 1-year period

62.26%

74.29%

-12.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

72.86%

90.78%

-17.92%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

320.65%

74.25%

+246.40%

Frequently Asked Questions


MKR-USD and MSTR have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

MSTR has higher volatility (26.76%) compared to MKR-USD (23.48%). In terms of maximum drawdown, MKR-USD dropped -91.59% vs MSTR's -99.86%.

MKR-USD currently has the higher Sharpe Ratio (-0.36 vs -1.06), 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.

Portfolio Optimizer

Find the right allocation for MKR-USD 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.

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