MSTR vs. STRC

Last updated Apr 4, 2026

Compare and contrast key facts about MicroStrategy Incorporated (MSTR) and MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC).

Performance

MSTR vs. STRC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroStrategy Incorporated (MSTR) and MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSTR achieves a -21.14% return, which is significantly lower than STRC's 4.12% return.

MSTR

• 1D: -2.40%
• 1M: -18.17%
• YTD: -21.14%
• 6M: -65.92%
• 1Y: -57.55%
• 3Y*: 59.13%
• 5Y*: 11.24%
• 10Y*: 20.56%

STRC

• 1D: 0.00%
• 1M: 0.92%
• YTD: 4.12%
• 6M: 6.71%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MSTR vs. STRC - Yearly Performance Comparison

	2026 (YTD)	2025
MSTR MicroStrategy Incorporated	-21.14%	-61.54%
STRC MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock	4.12%	9.19%

Correlation

The correlation between MSTR and STRC is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined. Holding both can reduce overall portfolio volatility compared to holding either one alone.

Fundamentals

Market Cap MSTR : $35.23B STRC : $29.40B
EPS MSTR : -$13.50 STRC : -$13.50
PS Ratio MSTR : 74.99 STRC : 62.58
PB Ratio MSTR : 6.15 STRC : 5.13
Total Revenue (TTM) MSTR : $477.23M STRC : $477.23M
Gross Profit (TTM) MSTR : $327.82M STRC : $327.82M
EBITDA (TTM) MSTR : -$5.44B STRC : -$5.44B

Return for Risk

MSTR vs. STRC — Risk / Return Rank

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

MSTR

MSTR Risk / Return Rank: 9
MSTR Sharpe Ratio Rank: 7
MSTR Sortino Ratio Rank: 6
MSTR Omega Ratio Rank: 9
MSTR Calmar Ratio Rank: 11
MSTR Martin Ratio Rank: 11

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.

MSTR vs. STRC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroStrategy Incorporated (MSTR) and MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). 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	STRC	Difference
Sharpe ratio Return per unit of total volatility	-0.84	—	—
Sortino ratio Return per unit of downside risk	-1.36	—	—
Omega ratio Gain probability vs. loss probability	0.85	—	—
Calmar ratio Return relative to maximum drawdown	-0.80	—	—
Martin ratio Return relative to average drawdown	-1.37	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MSTR	STRC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.84	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.12	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.28	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	1.57	-1.45

Drawdowns

MSTR vs. STRC - Drawdown Comparison

The maximum MSTR drawdown since its inception was -99.86%, which is greater than STRC's maximum drawdown of -6.39%. Use the drawdown chart below to compare losses from any high point for MSTR and STRC.

Drawdown Indicators

	MSTR	STRC	Difference
Max Drawdown Largest peak-to-trough decline	-99.86%	-6.39%	-93.47%
Max Drawdown (1Y) Largest decline over 1 year	-76.53%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-84.11%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-89.27%	—	—
Current Drawdown Current decline from peak	-74.71%	-0.02%	-74.69%
Average Drawdown Average peak-to-trough decline	-86.60%	-0.59%	-86.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	44.47%	—	—

Volatility

Volatility by Period

	MSTR	STRC	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.06%	—	—
Volatility (6M) Calculated over the trailing 6-month period	55.30%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	73.86%	13.38%	+60.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	91.26%	13.38%	+77.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.14%	13.38%	+59.76%

Dividends

MSTR vs. STRC - Dividend Comparison

MSTR has not paid dividends to shareholders, while STRC's dividend yield for the trailing twelve months is around 7.07%.

	TTM	2025
MSTR MicroStrategy Incorporated	0.00%	0.00%
STRC MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock	7.07%	4.31%

Financials