MSTW vs. MSTR

Last updated Jun 23, 2026

MSTW (Roundhill MSTR WeeklyPay ETF) is Derivative Income fund actively managed by Roundhill, while MSTR (Strategy Inc) is a stock. With a 1.00 correlation, they move nearly in lockstep.

Performance

MSTW vs. MSTR - Performance Comparison

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

Returns By Period

In the year-to-date period, MSTW achieves a -36.63% return, which is significantly lower than MSTR's -27.96% return.

MSTW

• 1D: -3.65%
• 1M: -37.84%
• YTD: -36.63%
• 6M: -42.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MSTR

• 1D: -2.73%
• 1M: -31.54%
• YTD: -27.96%
• 6M: -33.39%
• 1Y: -70.39%
• 3Y*: 49.27%
• 5Y*: 14.63%
• 10Y*: 20.25%

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

MSTW vs. MSTR - Yearly Performance Comparison

	2026 (YTD)	2025
MSTW Roundhill MSTR WeeklyPay ETF	-36.63%	-71.40%
MSTR Strategy Inc	-27.96%	-63.18%

Correlation

The correlation between MSTW and MSTR is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	1.00

Return for Risk

MSTW vs. MSTR — Risk / Return Rank

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

MSTW

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

MSTR

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

MSTW vs. MSTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill MSTR WeeklyPay ETF (MSTW) and Strategy Inc (MSTR). 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.

	MSTW	MSTR	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.98	—
Sortino ratio: Return per unit of downside risk	—	-1.86	—
Omega ratio: Gain probability vs. loss probability	—	0.80	—
Calmar ratio: Return relative to maximum drawdown	—	-0.92	—
Martin ratio: Return relative to average drawdown	—	-1.30	—

Drawdowns

MSTW vs. MSTR - Drawdown Comparison

The maximum MSTW drawdown since its inception was -81.89%, smaller than the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for MSTW and MSTR.

Drawdown Indicators

	MSTW	MSTR	Difference
Max Drawdown Largest peak-to-trough decline	-81.89%	-99.86%	+17.97%
Max Drawdown (1Y) Largest decline over 1 year	—	-76.53%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-77.42%	—
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	-81.89%	-76.90%	-4.99%
Average Drawdown Average peak-to-trough decline	-55.57%	-86.45%	+30.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	54.03%	—

Volatility

Volatility by Period

	MSTW	MSTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	21.83%	—
Volatility (6M) Calculated over the trailing 6-month period	—	57.40%	—
Volatility (1Y) Calculated over the trailing 1-year period	89.11%	72.01%	+17.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	89.11%	90.54%	-1.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.11%	73.91%	+15.20%

Dividends

MSTW vs. MSTR - Dividend Comparison

MSTW's dividend yield for the trailing twelve months is around 307.13%, while MSTR has not paid dividends to shareholders.

Position	TTM	2025
MSTR Strategy Inc	0.00%	0.00%
MSTW Roundhill MSTR WeeklyPay ETF	307.13%	106.94%

Frequently Asked Questions

Can I hold both MSTW and MSTR in my portfolio?

With a correlation of 1.00, MSTW and MSTR move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.