NRG vs. MSTR
NRG (NRG Energy, Inc.) and MSTR (Strategy Inc) are both stocks. NRG operates in Utilities - Independent Power Producers (Utilities), while MSTR operates in Software - Application (Technology). Over the past 10 years, NRG returned 26.54%/yr vs 21.08%/yr for MSTR. At a 0.26 correlation, their price movements are largely independent.
Performance
NRG vs. MSTR - Performance Comparison
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Returns By Period
In the year-to-date period, NRG achieves a -19.30% return, which is significantly lower than MSTR's -16.29% return. Over the past 10 years, NRG has outperformed MSTR with an annualized return of 26.54%, while MSTR has yielded a comparatively lower 21.08% annualized return.
NRG
- 1D
- -1.15%
- 1M
- -7.53%
- YTD
- -19.30%
- 6M
- -21.70%
- 1Y
- -17.17%
- 3Y*
- 58.56%
- 5Y*
- 31.87%
- 10Y*
- 26.54%
MSTR
- 1D
- 5.61%
- 1M
- -32.19%
- YTD
- -16.29%
- 6M
- -30.75%
- 1Y
- -66.03%
- 3Y*
- 65.16%
- 5Y*
- 19.92%
- 10Y*
- 21.08%
NRG vs. MSTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NRG NRG Energy, Inc. | -19.30% | 78.91% | 78.58% | 69.36% | -23.47% | 18.54% | -2.14% | 0.69% | 39.59% | 133.69% |
MSTR Strategy Inc | -16.29% | -47.53% | 358.54% | 346.15% | -74.00% | 40.13% | 172.42% | 11.65% | -2.70% | -33.49% |
Correlation
The correlation between NRG and MSTR is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2003 | 0.26 |
Fundamentals
NRG:
$26.56B
MSTR:
$42.47B
NRG:
$1.21
MSTR:
-$40.19
NRG:
0.78
MSTR:
79.74
NRG:
6.29
MSTR:
1.16
NRG:
$32.38B
MSTR:
$490.47M
NRG:
$4.69B
MSTR:
$334.08M
NRG:
$2.57B
MSTR:
$466.93M
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Return for Risk
NRG vs. MSTR — Risk / Return Rank
NRG
MSTR
NRG vs. MSTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NRG Energy, Inc. (NRG) 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.
| NRG | MSTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.55 | ||
| Sortino ratioReturn per unit of downside risk | +1.39 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.82 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | -0.86 | +0.34 |
| Martin ratioReturn relative to average drawdown | -1.31 | -1.27 | -0.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NRG | MSTR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.39 | -0.94 | +0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | 0.22 | +0.58 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.29 | +0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.12 | +0.23 |
Drawdowns
NRG vs. MSTR - Drawdown Comparison
The maximum NRG drawdown since its inception was -79.41%, smaller than the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for NRG and MSTR.
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Drawdown Indicators
| NRG | MSTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.41% | -99.86% | +20.45% |
Max Drawdown (1Y)Largest decline over 1 year | -32.57% | -76.53% | +43.96% |
Max Drawdown (3Y)Largest decline over 3 years | -32.57% | -77.42% | +44.85% |
Max Drawdown (5Y)Largest decline over 5 years | -32.62% | -84.11% | +51.49% |
Max Drawdown (10Y)Largest decline over 10 years | -48.76% | -89.27% | +40.51% |
Current DrawdownCurrent decline from peak | -30.39% | -73.15% | +42.76% |
Average DrawdownAverage peak-to-trough decline | -28.00% | -86.47% | +58.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.14% | 52.19% | -39.05% |
Volatility
NRG vs. MSTR - Volatility Comparison
The current volatility for NRG Energy, Inc. (NRG) is 13.75%, while Strategy Inc (MSTR) has a volatility of 21.43%. This indicates that NRG experiences smaller price fluctuations and is considered to be less risky than MSTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NRG | MSTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.75% | 21.43% | -7.68% |
Volatility (6M)Calculated over the trailing 6-month period | 34.40% | 56.80% | -22.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.45% | 70.82% | -26.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.91% | 90.87% | -50.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.24% | 73.77% | -34.53% |
Dividends
NRG vs. MSTR - Dividend Comparison
NRG's dividend yield for the trailing twelve months is around 1.43%, while MSTR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSTR Strategy Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NRG NRG Energy, Inc. | 1.43% | 1.11% | 1.81% | 2.92% | 4.40% | 3.02% | 3.20% | 0.30% | 0.30% | 0.42% | 1.92% | 4.93% |
Financials
NRG vs. MSTR - Financials Comparison
This section allows you to compare key financial metrics between NRG Energy, Inc. and Strategy Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
NRG and MSTR have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTR has higher volatility (21.43%) compared to NRG (13.75%). In terms of maximum drawdown, NRG dropped -79.41% vs MSTR's -99.86%.
NRG currently has the higher Sharpe Ratio (-0.39 vs -0.94), 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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