MSTR vs. WNTR
MSTR (Strategy Inc) is a stock, while WNTR (YieldMax Short MSTR Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax. Over the past year, MSTR returned -75.03% vs 97.02% for WNTR. At a correlation of -0.97, they often move in opposite directions.
Performance
MSTR vs. WNTR - Performance Comparison
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Returns By Period
In the year-to-date period, MSTR achieves a -38.05% return, which is significantly lower than WNTR's 10.46% return.
MSTR
- 1D
- -9.35%
- 1M
- -41.13%
- YTD
- -38.05%
- 6M
- -40.69%
- 1Y
- -75.03%
- 3Y*
- 41.95%
- 5Y*
- 11.34%
- 10Y*
- 18.45%
WNTR
- 1D
- 6.01%
- 1M
- 37.47%
- YTD
- 10.46%
- 6M
- 14.06%
- 1Y
- 97.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MSTR vs. WNTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MSTR Strategy Inc | -38.05% | -53.86% |
WNTR YieldMax Short MSTR Option Income Strategy ETF | 10.46% | 52.78% |
Correlation
The correlation between MSTR and WNTR is -0.97, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.97 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025 | -0.97 |
The correlation between MSTR and WNTR has been stable across timeframes, ranging from -0.97 to -0.97 - a consistent structural relationship.
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Return for Risk
MSTR vs. WNTR — Risk / Return Rank
MSTR
WNTR
MSTR vs. WNTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategy Inc (MSTR) and YieldMax Short MSTR Option Income Strategy ETF (WNTR). 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 | WNTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.88 | ||
| Sortino ratioReturn per unit of downside risk | -4.34 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 1.30 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | 2.29 | -3.23 |
| Martin ratioReturn relative to average drawdown | -1.38 | 5.85 | -7.22 |
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Drawdowns
MSTR vs. WNTR - Drawdown Comparison
The maximum MSTR drawdown since its inception was -99.86%, which is greater than WNTR's maximum drawdown of -42.65%. Use the drawdown chart below to compare losses from any high point for MSTR and WNTR.
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Drawdown Indicators
| MSTR | WNTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.86% | -42.65% | -57.21% |
Max Drawdown (1Y)Largest decline over 1 year | -79.35% | -42.65% | -36.70% |
Max Drawdown (3Y)Largest decline over 3 years | -80.13% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -84.11% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -89.27% | — | — |
Current DrawdownCurrent decline from peak | -80.13% | -9.88% | -70.25% |
Average DrawdownAverage peak-to-trough decline | -86.44% | -20.93% | -65.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 54.47% | 16.70% | +37.77% |
Volatility
MSTR vs. WNTR - Volatility Comparison
Strategy Inc (MSTR) has a higher volatility of 23.29% compared to YieldMax Short MSTR Option Income Strategy ETF (WNTR) at 17.54%. This indicates that MSTR's price experiences larger fluctuations and is considered to be riskier than WNTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSTR | WNTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.29% | 17.54% | +5.75% |
Volatility (6M)Calculated over the trailing 6-month period | 58.20% | 45.99% | +12.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 72.58% | 52.83% | +19.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 90.65% | 53.10% | +37.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.95% | 53.10% | +20.85% |
Dividends
MSTR vs. WNTR - Dividend Comparison
MSTR has not paid dividends to shareholders, while WNTR's dividend yield for the trailing twelve months is around 96.66%.
| Position | TTM | 2025 |
|---|---|---|
MSTR Strategy Inc | 0.00% | 0.00% |
WNTR YieldMax Short MSTR Option Income Strategy ETF | 96.66% | 58.56% |
Frequently Asked Questions
MSTR and WNTR have a correlation of -0.97, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTR has higher volatility (23.29%) compared to WNTR (17.54%). In terms of maximum drawdown, MSTR dropped -99.86% vs WNTR's -42.65%.
WNTR currently has the higher Sharpe Ratio (1.85 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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