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MSTR vs. BITX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MSTR and BITX is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

MSTR vs. BITX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroStrategy Incorporated (MSTR) and Volatility Shares 2x Bitcoin Strategy ETF (BITX). The values are adjusted to include any dividend payments, if applicable.

-50.00%0.00%50.00%100.00%150.00%AugustSeptemberOctoberNovemberDecember2025
106.36%
67.29%
MSTR
BITX

Key characteristics

Sharpe Ratio

MSTR:

5.98

BITX:

1.70

Sortino Ratio

MSTR:

4.17

BITX:

2.42

Omega Ratio

MSTR:

1.49

BITX:

1.28

Calmar Ratio

MSTR:

7.72

BITX:

3.17

Martin Ratio

MSTR:

30.71

BITX:

5.97

Ulcer Index

MSTR:

21.53%

BITX:

32.50%

Daily Std Dev

MSTR:

110.54%

BITX:

114.23%

Max Drawdown

MSTR:

-99.86%

BITX:

-61.28%

Current Drawdown

MSTR:

-22.55%

BITX:

-16.58%

Returns By Period

In the year-to-date period, MSTR achieves a 26.72% return, which is significantly higher than BITX's 13.72% return.


MSTR

YTD

26.72%

1M

-5.03%

6M

135.99%

1Y

635.47%

5Y*

90.77%

10Y*

37.06%

BITX

YTD

13.72%

1M

-16.58%

6M

87.29%

1Y

200.74%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

MSTR vs. BITX — Risk-Adjusted Performance Rank

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

MSTR
The Risk-Adjusted Performance Rank of MSTR is 9898
Overall Rank
The Sharpe Ratio Rank of MSTR is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of MSTR is 9797
Sortino Ratio Rank
The Omega Ratio Rank of MSTR is 9595
Omega Ratio Rank
The Calmar Ratio Rank of MSTR is 9999
Calmar Ratio Rank
The Martin Ratio Rank of MSTR is 9999
Martin Ratio Rank

BITX
The Risk-Adjusted Performance Rank of BITX is 6969
Overall Rank
The Sharpe Ratio Rank of BITX is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of BITX is 7272
Sortino Ratio Rank
The Omega Ratio Rank of BITX is 6565
Omega Ratio Rank
The Calmar Ratio Rank of BITX is 8383
Calmar Ratio Rank
The Martin Ratio Rank of BITX is 5555
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MSTR vs. BITX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroStrategy Incorporated (MSTR) and Volatility Shares 2x Bitcoin Strategy ETF (BITX). 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.


Sharpe ratio
The chart of Sharpe ratio for MSTR, currently valued at 5.98, compared to the broader market-2.000.002.004.005.981.70
The chart of Sortino ratio for MSTR, currently valued at 4.17, compared to the broader market-4.00-2.000.002.004.004.172.42
The chart of Omega ratio for MSTR, currently valued at 1.49, compared to the broader market0.501.001.502.001.491.28
The chart of Calmar ratio for MSTR, currently valued at 14.24, compared to the broader market0.002.004.006.0014.243.17
The chart of Martin ratio for MSTR, currently valued at 30.71, compared to the broader market-10.000.0010.0020.0030.0030.715.97
MSTR
BITX

The current MSTR Sharpe Ratio is 5.98, which is higher than the BITX Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of MSTR and BITX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.002.004.006.008.00AugustSeptemberOctoberNovemberDecember2025
5.98
1.70
MSTR
BITX

Dividends

MSTR vs. BITX - Dividend Comparison

MSTR has not paid dividends to shareholders, while BITX's dividend yield for the trailing twelve months is around 9.41%.


TTM2024
MSTR
MicroStrategy Incorporated
0.00%0.00%
BITX
Volatility Shares 2x Bitcoin Strategy ETF
9.41%10.71%

Drawdowns

MSTR vs. BITX - Drawdown Comparison

The maximum MSTR drawdown since its inception was -99.86%, which is greater than BITX's maximum drawdown of -61.28%. Use the drawdown chart below to compare losses from any high point for MSTR and BITX. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-22.55%
-16.58%
MSTR
BITX

Volatility

MSTR vs. BITX - Volatility Comparison

MicroStrategy Incorporated (MSTR) and Volatility Shares 2x Bitcoin Strategy ETF (BITX) have volatilities of 32.65% and 32.94%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


20.00%30.00%40.00%50.00%AugustSeptemberOctoberNovemberDecember2025
32.65%
32.94%
MSTR
BITX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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