PYPL vs. MSTR
PYPL (PayPal Holdings, Inc.) and MSTR (Strategy Inc) are both stocks. PYPL operates in Credit Services (Financial Services), while MSTR operates in Software - Application (Technology). Over the past 10 years, PYPL returned 1.30%/yr vs 20.49%/yr for MSTR. At a 0.41 correlation, their price movements are largely independent.
Performance
PYPL vs. MSTR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PYPL achieves a -28.91% return, which is significantly lower than MSTR's -20.93% return. Over the past 10 years, PYPL has underperformed MSTR with an annualized return of 1.30%, while MSTR has yielded a comparatively higher 20.49% annualized return.
PYPL
- 1D
- 1.33%
- 1M
- -8.94%
- YTD
- -28.91%
- 6M
- -32.73%
- 1Y
- -44.25%
- 3Y*
- -13.26%
- 5Y*
- -31.28%
- 10Y*
- 1.30%
MSTR
- 1D
- 4.16%
- 1M
- -34.85%
- YTD
- -20.93%
- 6M
- -34.45%
- 1Y
- -68.96%
- 3Y*
- 62.95%
- 5Y*
- 18.40%
- 10Y*
- 20.49%
PYPL vs. MSTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PYPL PayPal Holdings, Inc. | -28.91% | -31.44% | 38.98% | -13.77% | -62.23% | -19.48% | 116.51% | 28.64% | 14.22% | 86.52% |
MSTR Strategy Inc | -20.93% | -47.53% | 358.54% | 346.15% | -74.00% | 40.13% | 172.42% | 11.65% | -2.70% | -33.49% |
Correlation
The correlation between PYPL and MSTR is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2015 | 0.41 |
The correlation between PYPL and MSTR shifts across timeframes, from 0.31 (1 year) to 0.43 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PYPL:
$37.94B
MSTR:
$40.12B
PYPL:
$5.31
MSTR:
-$40.19
PYPL:
1.17
MSTR:
75.32
PYPL:
1.89
MSTR:
1.09
PYPL:
$33.73B
MSTR:
$490.47M
PYPL:
$15.56B
MSTR:
$334.08M
PYPL:
$7.23B
MSTR:
$466.93M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PYPL vs. MSTR — Risk / Return Rank
PYPL
MSTR
PYPL vs. MSTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PayPal Holdings, Inc. (PYPL) 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.
| PYPL | MSTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 0.81 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | -0.90 | +0.01 |
| Martin ratioReturn relative to average drawdown | -1.56 | -1.31 | -0.25 |
Loading charts...
Drawdowns
PYPL vs. MSTR - Drawdown Comparison
The maximum PYPL drawdown since its inception was -87.30%, smaller than the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for PYPL and MSTR.
Loading charts...
Drawdown Indicators
| PYPL | MSTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.30% | -99.86% | +12.56% |
Max Drawdown (1Y)Largest decline over 1 year | -49.92% | -76.53% | +26.61% |
Max Drawdown (3Y)Largest decline over 3 years | -57.34% | -77.42% | +20.08% |
Max Drawdown (5Y)Largest decline over 5 years | -87.30% | -84.11% | -3.19% |
Max Drawdown (10Y)Largest decline over 10 years | -87.30% | -89.27% | +1.97% |
Current DrawdownCurrent decline from peak | -86.52% | -74.64% | -11.88% |
Average DrawdownAverage peak-to-trough decline | -35.88% | -86.46% | +50.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.45% | 52.81% | -24.36% |
Volatility
PYPL vs. MSTR - Volatility Comparison
The current volatility for PayPal Holdings, Inc. (PYPL) is 6.92%, while Strategy Inc (MSTR) has a volatility of 21.05%. This indicates that PYPL 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.
Loading charts...
Volatility by Period
| PYPL | MSTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.92% | 21.05% | -14.13% |
Volatility (6M)Calculated over the trailing 6-month period | 31.72% | 57.27% | -25.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.09% | 71.06% | -31.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.09% | 90.81% | -48.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.77% | 73.79% | -35.02% |
Dividends
PYPL vs. MSTR - Dividend Comparison
PYPL's dividend yield for the trailing twelve months is around 1.02%, while MSTR has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
MSTR Strategy Inc | 0.00% | 0.00% |
PYPL PayPal Holdings, Inc. | 1.02% | 0.24% |
Financials
PYPL vs. MSTR - Financials Comparison
This section allows you to compare key financial metrics between PayPal Holdings, 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
PYPL and MSTR have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTR has higher volatility (21.05%) compared to PYPL (6.92%). In terms of maximum drawdown, PYPL dropped -87.30% vs MSTR's -99.86%.
MSTR currently has the higher Sharpe Ratio (-0.97 vs -1.14), 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.
Find the right allocation for PYPL and MSTR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer