MSTR vs. SPY
Compare and contrast key facts about MicroStrategy Incorporated (MSTR) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSTR or SPY.
Key characteristics
| MSTR | SPY | |
|---|---|---|
| YTD Return | 107.83% | 19.22% |
| 1Y Return | 285.39% | 28.25% |
| 3Y Return (Ann) | 28.93% | 9.99% |
| 5Y Return (Ann) | 54.44% | 15.19% |
| 10Y Return (Ann) | 25.40% | 12.84% |
| Sharpe Ratio | 2.95 | 2.25 |
| Daily Std Dev | 96.82% | 12.59% |
| Max Drawdown | -99.86% | -55.19% |
| Current Drawdown | -58.06% | -0.32% |
Correlation
The correlation between MSTR and SPY is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MSTR vs. SPY - Performance Comparison
In the year-to-date period, MSTR achieves a 107.83% return, which is significantly higher than SPY's 19.22% return. Over the past 10 years, MSTR has outperformed SPY with an annualized return of 25.40%, while SPY has yielded a comparatively lower 12.84% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
MSTR vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroStrategy Incorporated (MSTR) and SPDR S&P 500 ETF (SPY). 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.
Dividends
MSTR vs. SPY - Dividend Comparison
MSTR has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.93%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSTR MicroStrategy Incorporated | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 0.93% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
MSTR vs. SPY - Drawdown Comparison
The maximum MSTR drawdown since its inception was -99.86%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MSTR and SPY. For additional features, visit the drawdowns tool.
Volatility
MSTR vs. SPY - Volatility Comparison
MicroStrategy Incorporated (MSTR) has a higher volatility of 24.06% compared to SPDR S&P 500 ETF (SPY) at 3.94%. This indicates that MSTR's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.