MSTR vs. TSLA

Last updated Jul 28, 2026

MSTR (Strategy Inc) and TSLA (Tesla, Inc.) are both stocks. MSTR operates in Software - Application (Technology), while TSLA operates in Auto Manufacturers (Consumer Cyclical). Over the past 10 years, MSTR returned 18.89%/yr vs 34.76%/yr for TSLA. Their 0.36 correlation means their historical movements had little consistent relationship.

Performance

MSTR vs. TSLA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strategy Inc (MSTR) and Tesla, Inc. (TSLA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSTR achieves a -35.08% return, which is significantly lower than TSLA's -31.24% return. Over the past 10 years, MSTR has underperformed TSLA with an annualized return of 18.89%, while TSLA has yielded a comparatively higher 34.76% annualized return.

MSTR

• 1D: 7.61%
• 1M: 19.85%
• 6M: -38.57%
• YTD: -35.08%
• 1Y: -75.70%
• 3Y*: 31.42%
• 5Y*: 8.81%
• 10Y*: 18.89%
• ALL TIME*: 9.34%

TSLA

• 1D: -1.22%
• 1M: -18.56%
• 6M: -28.95%
• YTD: -31.24%
• 1Y: -2.16%
• 3Y*: 5.09%
• 5Y*: 7.47%
• 10Y*: 34.76%
• ALL TIME*: 40.77%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MSTR Strategy Inc	$1.50B	$1.96B	$2.51B
TSLA Tesla, Inc.	$15.18B	$16.68B	$19.23B

MSTR vs. TSLA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MSTR Strategy Inc	-35.08%	-47.53%	358.54%	346.15%	-74.00%	40.13%	172.42%	11.65%	-2.70%	-33.49%
TSLA Tesla, Inc.	-31.24%	11.36%	62.52%	101.72%	-65.03%	49.76%	743.44%	25.70%	6.89%	45.70%

Correlation

The correlation between MSTR and TSLA is 0.44, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.44
Correlation (3Y) Balances recent behavior with more history.	0.37
Correlation (5Y) Shows whether the relationship held over a longer period.	0.44
Correlation (10Y) Provides a long-term view across more market conditions.	0.37
Correlation (All Time) Calculated using the full available price history since Jun 29, 2010	0.36

Fundamentals

Market Cap MSTR : $29.31B TSLA : $1.22T
EPS MSTR : -$39.78 TSLA : $1.08
PS Ratio MSTR : 62.48 TSLA : 10.55
PB Ratio MSTR : 0.90 TSLA : 12.60
Total Revenue (TTM) MSTR : $490.47M TSLA : $103.62B
Gross Profit (TTM) MSTR : $334.08M TSLA : $19.53B
EBITDA (TTM) MSTR : $466.93M TSLA : $10.41B

Return for Risk

MSTR vs. TSLA — Risk / Return Rank

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

MSTR

MSTR Risk / Return Rank: 6
MSTR Sharpe Ratio Rank: 5
MSTR Sortino Ratio Rank: 3
MSTR Omega Ratio Rank: 5
MSTR Calmar Ratio Rank: 6
MSTR Martin Ratio Rank: 10

TSLA

TSLA Risk / Return Rank: 44
TSLA Sharpe Ratio Rank: 45
TSLA Sortino Ratio Rank: 42
TSLA Omega Ratio Rank: 41
TSLA Calmar Ratio Rank: 45
TSLA Martin Ratio Rank: 44

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. TSLA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategy Inc (MSTR) and Tesla, Inc. (TSLA). 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	TSLA	Difference
Sharpe ratio: Return per unit of total volatility	-1.01	-0.05	-0.97
Sortino ratio: Return per unit of downside risk	-2.11	0.26	-2.37
Omega ratio: Gain probability vs. loss probability	0.78	1.03	-0.25
Calmar ratio: Return relative to maximum drawdown	-0.95	-0.06	-0.89
Martin ratio: Return relative to average drawdown	-1.38	-0.15	-1.23

MSTR vs. TSLA - Sharpe Ratio Comparison

The current MSTR Sharpe Ratio is -1.01, which is lower than the TSLA Sharpe Ratio of -0.05. The chart below compares the historical Sharpe Ratios of MSTR and TSLA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MSTR vs. TSLA - Drawdown Comparison

The maximum MSTR drawdown since its inception was -99.86%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for MSTR and TSLA.

Drawdown Indicators

	MSTR	TSLA	Difference
Max Drawdown Largest peak-to-trough decline	-99.86%	-73.63%	-26.23%
Max Drawdown (1Y) Largest decline over 1 year	-79.62%	-36.88%	-42.74%
Max Drawdown (3Y) Largest decline over 3 years	-82.63%	-53.77%	-28.86%
Max Drawdown (5Y) Largest decline over 5 years	-84.11%	-73.63%	-10.48%
Max Drawdown (10Y) Largest decline over 10 years	-89.27%	-73.63%	-15.64%
Current Drawdown Current decline from peak	-79.18%	-36.88%	-42.30%
Average Drawdown Average peak-to-trough decline	-86.42%	-22.70%	-63.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	55.15%	14.58%	+40.57%

Volatility

MSTR vs. TSLA - Volatility Comparison

Strategy Inc (MSTR) and Tesla, Inc. (TSLA) have volatilities of 23.06% and 22.38%, 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.

Volatility by Period

	MSTR	TSLA	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.06%	22.38%	+0.68%
Volatility (6M) Calculated over the trailing 6-month period	60.95%	34.50%	+26.45%
Volatility (1Y) Calculated over the trailing 1-year period	75.05%	46.34%	+28.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	89.93%	59.68%	+30.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.35%	59.45%	+14.90%

Dividends

MSTR vs. TSLA - Dividend Comparison

Neither MSTR nor TSLA has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both MSTR and TSLA in my portfolio?

MSTR and TSLA have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MSTR or TSLA?

MSTR has higher volatility (23.06%) compared to TSLA (22.38%). In terms of maximum drawdown, MSTR dropped -99.86% vs TSLA's -73.63%.

Which has better risk-adjusted returns?

TSLA currently has the higher Sharpe Ratio (-0.05 vs -1.01), 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.