MSTRX vs. BTC-USD
Compare and contrast key facts about Morningstar Total Return Bond Fund (MSTRX) and Bitcoin (BTC-USD).
MSTRX is managed by Morningstar. It was launched on Nov 2, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSTRX or BTC-USD.
Correlation
The correlation between MSTRX and BTC-USD is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MSTRX vs. BTC-USD - Performance Comparison
Key characteristics
MSTRX:
0.77
BTC-USD:
1.54
MSTRX:
1.13
BTC-USD:
2.25
MSTRX:
1.14
BTC-USD:
1.22
MSTRX:
0.23
BTC-USD:
1.29
MSTRX:
1.82
BTC-USD:
8.77
MSTRX:
2.27%
BTC-USD:
8.58%
MSTRX:
5.35%
BTC-USD:
43.78%
MSTRX:
-23.30%
BTC-USD:
-93.07%
MSTRX:
-13.08%
BTC-USD:
-7.36%
Returns By Period
In the year-to-date period, MSTRX achieves a 0.30% return, which is significantly lower than BTC-USD's 5.25% return.
MSTRX
0.30%
0.76%
-1.15%
4.24%
-1.52%
N/A
BTC-USD
5.25%
-7.36%
62.85%
89.69%
59.04%
82.58%
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Risk-Adjusted Performance
MSTRX vs. BTC-USD — Risk-Adjusted Performance Rank
MSTRX
BTC-USD
MSTRX vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Morningstar Total Return Bond Fund (MSTRX) and Bitcoin (BTC-USD). 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.
Drawdowns
MSTRX vs. BTC-USD - Drawdown Comparison
The maximum MSTRX drawdown since its inception was -23.30%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for MSTRX and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
MSTRX vs. BTC-USD - Volatility Comparison
The current volatility for Morningstar Total Return Bond Fund (MSTRX) is 1.46%, while Bitcoin (BTC-USD) has a volatility of 9.03%. This indicates that MSTRX experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.