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 21.08%/yr vs 20.32%/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 -16.29% return, which is significantly lower than JPM's -2.52% return. Both investments have delivered pretty close results over the past 10 years, with MSTR having a 21.08% annualized return and JPM not far behind at 20.32%.
MSTR
- 1D
- 5.61%
- 1M
- -32.19%
- YTD
- -16.29%
- 6M
- -30.75%
- 1Y
- -66.03%
- 3Y*
- 65.16%
- 5Y*
- 19.92%
- 10Y*
- 21.08%
JPM
- 1D
- -0.40%
- 1M
- 2.98%
- YTD
- -2.52%
- 6M
- -0.35%
- 1Y
- 19.35%
- 3Y*
- 33.18%
- 5Y*
- 16.72%
- 10Y*
- 20.32%
MSTR vs. JPM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MSTR Strategy Inc | -16.29% | -47.53% | 358.54% | 346.15% | -74.00% | 40.13% | 172.42% | 11.65% | -2.70% | -33.49% |
JPM JPMorgan Chase & Co. | -2.52% | 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 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 1998 | 0.30 |
The correlation between MSTR and JPM shifts across timeframes, from 0.16 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.
Fundamentals
MSTR:
$42.47B
JPM:
$869.15B
MSTR:
-$40.19
JPM:
$21.08
MSTR:
79.74
JPM:
3.05
MSTR:
1.16
JPM:
2.53
MSTR:
$490.47M
JPM:
$285.09B
MSTR:
$334.08M
JPM:
$173.52B
MSTR:
$466.93M
JPM:
$81.46B
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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.
| MSTR | JPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.84 | ||
| Sortino ratioReturn per unit of downside risk | -2.95 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.17 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | -0.86 | 1.26 | -2.12 |
| Martin ratioReturn relative to average drawdown | -1.27 | 2.98 | -4.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MSTR | JPM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.94 | 0.90 | -1.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | 0.69 | -0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | 0.74 | -0.46 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.34 | -0.22 |
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 | -76.53% | -15.47% | -61.06% |
Max Drawdown (3Y)Largest decline over 3 years | -77.42% | -24.42% | -53.00% |
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 | -73.15% | -6.55% | -66.60% |
Average DrawdownAverage peak-to-trough decline | -86.47% | -17.62% | -68.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 52.19% | 6.50% | +45.69% |
Volatility
MSTR vs. JPM - Volatility Comparison
Strategy Inc (MSTR) has a higher volatility of 21.43% compared to JPMorgan Chase & Co. (JPM) at 6.40%. 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 | 21.43% | 6.40% | +15.03% |
Volatility (6M)Calculated over the trailing 6-month period | 56.80% | 17.38% | +39.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.82% | 21.62% | +49.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 90.87% | 24.45% | +66.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.77% | 27.40% | +46.37% |
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 1.90%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPM JPMorgan Chase & Co. | 1.90% | 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 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTR has higher volatility (21.43%) compared to JPM (6.40%). In terms of maximum drawdown, MSTR dropped -99.86% vs JPM's -76.16%.
JPM currently has the higher Sharpe Ratio (0.90 vs -0.94), 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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