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 -79.37% vs 127.90% 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 -38.12% return, which is significantly lower than WNTR's 9.49% return.
MSTR
- 1D
- -3.53%
- 1M
- -23.43%
- 6M
- -44.98%
- YTD
- -38.12%
- 1Y
- -79.37%
- 3Y*
- 27.86%
- 5Y*
- 12.44%
- 10Y*
- 17.50%
WNTR
- 1D
- 2.96%
- 1M
- 17.94%
- 6M
- 21.62%
- YTD
- 9.49%
- 1Y
- 127.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MSTR vs. WNTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MSTR Strategy Inc | -38.12% | -53.86% |
WNTR YieldMax Short MSTR Option Income Strategy ETF | 9.49% | 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 | -3.46 | ||
| Sortino ratioReturn per unit of downside risk | -4.98 | ||
| Omega ratioGain probability vs. loss probability | 0.75 | 1.35 | -0.60 |
| Calmar ratioReturn relative to maximum drawdown | -0.97 | 3.02 | -3.99 |
| Martin ratioReturn relative to average drawdown | -1.38 | 7.72 | -9.10 |
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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 | -81.76% | -42.65% | -39.11% |
Max Drawdown (3Y)Largest decline over 3 years | -82.63% | — | — |
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 | -80.16% | -10.67% | -69.49% |
Average DrawdownAverage peak-to-trough decline | -86.43% | -20.46% | -65.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 57.82% | 16.63% | +41.19% |
Volatility
MSTR vs. WNTR - Volatility Comparison
Strategy Inc (MSTR) has a higher volatility of 25.96% compared to YieldMax Short MSTR Option Income Strategy ETF (WNTR) at 17.89%. 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 | 25.96% | 17.89% | +8.07% |
Volatility (6M)Calculated over the trailing 6-month period | 60.71% | 47.05% | +13.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.35% | 53.81% | +20.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 90.79% | 53.49% | +37.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 74.24% | 53.49% | +20.75% |
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 106.86%.
| Position | TTM | 2025 |
|---|---|---|
MSTR Strategy Inc | 0.00% | 0.00% |
WNTR YieldMax Short MSTR Option Income Strategy ETF | 106.86% | 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 (25.96%) compared to WNTR (17.89%). In terms of maximum drawdown, MSTR dropped -99.86% vs WNTR's -42.65%.
WNTR currently has the higher Sharpe Ratio (2.39 vs -1.07), 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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