MSTR vs. JPM
MSTR (Strategy Inc) and JPM (JPMorgan Chase & Co.) are both stocks. MSTR operates in Software - Application (Technology), while JPM operates in Banks - Diversified (Financial Services). Over the past 10 years, MSTR returned 17.94%/yr vs 21.27%/yr for JPM. At a 0.30 correlation, their price movements are largely independent.
Performance
MSTR vs. JPM - Performance Comparison
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Returns By Period
In the year-to-date period, MSTR achieves a -35.62% return, which is significantly lower than JPM's 6.66% return. Over the past 10 years, MSTR has underperformed JPM with an annualized return of 17.94%, while JPM has yielded a comparatively higher 21.27% annualized return.
MSTR
- 1D
- 3.13%
- 1M
- -13.07%
- 6M
- -43.69%
- YTD
- -35.62%
- 1Y
- -76.89%
- 3Y*
- 30.85%
- 5Y*
- 11.92%
- 10Y*
- 17.94%
- ALL TIME*
- 9.32%
JPM
- 1D
- -0.65%
- 1M
- 4.67%
- 6M
- 9.49%
- YTD
- 6.66%
- 1Y
- 18.57%
- 3Y*
- 32.69%
- 5Y*
- 20.23%
- 10Y*
- 21.27%
- ALL TIME*
- 12.35%
MSTR vs. JPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MSTR Strategy Inc | -35.62% | -47.53% | 358.54% | 346.15% | -74.00% | 40.13% | 172.42% | 11.65% | -2.70% | -33.49% |
JPM JPMorgan Chase & Co. | 6.66% | 37.27% | 44.29% | 30.63% | -12.64% | 27.75% | -5.53% | 47.26% | -6.62% | 26.76% |
Correlation
The correlation between MSTR and JPM is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jun 11, 1998 | 0.30 |
The correlation between MSTR and JPM shifts across timeframes, from 0.17 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.
Fundamentals
MSTR:
$29.06B
JPM:
$908.01B
MSTR:
-$39.78
JPM:
$23.29
MSTR:
61.95
JPM:
3.18
MSTR:
0.89
JPM:
2.68
MSTR:
$490.47M
JPM:
$297.63B
MSTR:
$334.08M
JPM:
$186.33B
MSTR:
$466.93M
JPM:
$90.84B
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Return for Risk
MSTR vs. JPM — Risk / Return Rank
MSTR
JPM
MSTR vs. JPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategy Inc (MSTR) and JPMorgan Chase & Co. (JPM). 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.
| MSTR | JPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -3.48 | ||
| Omega ratioGain probability vs. loss probability | 0.77 | 1.16 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | 1.21 | -2.16 |
| Martin ratioReturn relative to average drawdown | -1.38 | 2.85 | -4.23 |
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Drawdowns
MSTR vs. JPM - Drawdown Comparison
The maximum MSTR drawdown since its inception was -99.86%, which is greater than JPM's maximum drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for MSTR and JPM.
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Drawdown Indicators
| MSTR | JPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.86% | -76.16% | -23.70% |
Max Drawdown (1Y)Largest decline over 1 year | -80.70% | -15.47% | -65.23% |
Max Drawdown (3Y)Largest decline over 3 years | -82.63% | -24.42% | -58.21% |
Max Drawdown (5Y)Largest decline over 5 years | -84.11% | -38.77% | -45.34% |
Max Drawdown (10Y)Largest decline over 10 years | -89.27% | -43.63% | -45.64% |
Current DrawdownCurrent decline from peak | -79.36% | -2.32% | -77.04% |
Average DrawdownAverage peak-to-trough decline | -86.43% | -17.58% | -68.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 55.87% | 6.53% | +49.34% |
Volatility
MSTR vs. JPM - Volatility Comparison
Strategy Inc (MSTR) has a higher volatility of 25.51% compared to JPMorgan Chase & Co. (JPM) at 6.42%. This indicates that MSTR's price experiences larger fluctuations and is considered to be riskier than JPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSTR | JPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.51% | 6.42% | +19.09% |
Volatility (6M)Calculated over the trailing 6-month period | 60.54% | 16.66% | +43.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.28% | 22.17% | +52.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 90.77% | 24.41% | +66.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 74.27% | 27.31% | +46.96% |
Dividends
MSTR vs. JPM - Dividend Comparison
MSTR has not paid dividends to shareholders, while JPM's dividend yield for the trailing twelve months is around 1.77%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPM JPMorgan Chase & Co. | 1.77% | 1.72% | 1.92% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% |
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
MSTR vs. JPM - Financials Comparison
This section allows you to compare key financial metrics between Strategy Inc and JPMorgan Chase & Co.. 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
MSTR and JPM have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTR has higher volatility (25.51%) compared to JPM (6.42%). In terms of maximum drawdown, MSTR dropped -99.86% vs JPM's -76.16%.
JPM currently has the higher Sharpe Ratio (0.84 vs -1.04), 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.
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