ONDS vs. STRD

Last updated Jun 16, 2026

ONDS (Ondas Holdings Inc.) and STRD (MicroStrategy Incorporated) are both stocks. Both are in the Technology sector — ONDS in Communication Equipment, STRD in Software - Application. At a 0.30 correlation, their price movements are largely independent.

Performance

ONDS vs. STRD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ondas Holdings Inc. (ONDS) and MicroStrategy Incorporated (STRD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ONDS

• 1D: 1.93%
• 1M: -10.45%
• YTD: -2.56%
• 6M: 23.67%
• 1Y: 422.53%
• 3Y*: 109.79%
• 5Y*: 4.12%
• 10Y*: —

STRD

• 1D: -4.57%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ONDS vs. STRD - Yearly Performance Comparison

	2026 (YTD)
ONDS Ondas Holdings Inc.	-11.94%
STRD MicroStrategy Incorporated	-6.53%

Correlation

The correlation between ONDS and STRD is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.30

Fundamentals

EPS ONDS : $1.54 STRD : -$38.95
PS Ratio ONDS : 15.56 STRD : 43.47
Total Revenue (TTM) ONDS : $96.60M STRD : $490.47M
Gross Profit (TTM) ONDS : $43.33M STRD : $334.08M
EBITDA (TTM) ONDS : -$75.39M STRD : $520.73M

Return for Risk

ONDS vs. STRD — Risk / Return Rank

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

ONDS

ONDS Risk / Return Rank: 94
ONDS Sharpe Ratio Rank: 97
ONDS Sortino Ratio Rank: 92
ONDS Omega Ratio Rank: 88
ONDS Calmar Ratio Rank: 96
ONDS Martin Ratio Rank: 95

STRD

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

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.

ONDS vs. STRD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ondas Holdings Inc. (ONDS) and MicroStrategy Incorporated (STRD). 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.

	ONDS	STRD	Difference
Sharpe ratio: Return per unit of total volatility	3.37	—	—
Sortino ratio: Return per unit of downside risk	3.36	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	7.98	—	—
Martin ratio: Return relative to average drawdown	17.70	—	—

Drawdowns

ONDS vs. STRD - Drawdown Comparison

The maximum ONDS drawdown since its inception was -98.28%, which is greater than STRD's maximum drawdown of -7.26%. Use the drawdown chart below to compare losses from any high point for ONDS and STRD.

Drawdown Indicators

	ONDS	STRD	Difference
Max Drawdown Largest peak-to-trough decline	-98.28%	-7.26%	-91.02%
Max Drawdown (1Y) Largest decline over 1 year	-53.37%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-83.28%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-96.99%	—	—
Current Drawdown Current decline from peak	-51.23%	-6.53%	-44.70%
Average Drawdown Average peak-to-trough decline	-71.40%	-4.51%	-66.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.10%	—	—

Volatility

Volatility by Period

	ONDS	STRD	Difference
Volatility (1M) Calculated over the trailing 1-month period	36.79%	—	—
Volatility (6M) Calculated over the trailing 6-month period	77.89%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	126.76%	37.84%	+88.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	113.81%	37.84%	+75.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	120.70%	37.84%	+82.86%

Dividends

ONDS vs. STRD - Dividend Comparison

Neither ONDS nor STRD has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both ONDS and STRD in my portfolio?

ONDS and STRD have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.