STRC vs. BLOX

Last updated Jun 16, 2026

STRC (Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock) is a stock, while BLOX (Nicholas Crypto Income ETF) is Cryptocurrency fund actively managed by Nicholas. At a 0.43 correlation, their price movements are largely independent.

Performance

STRC vs. BLOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) and Nicholas Crypto Income ETF (BLOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STRC achieves a 1.05% return, which is significantly lower than BLOX's 15.73% return.

STRC

• 1D: 0.42%
• 1M: -4.02%
• YTD: 1.05%
• 6M: 2.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BLOX

• 1D: 3.32%
• 1M: 4.52%
• YTD: 15.73%
• 6M: 16.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

STRC vs. BLOX - Yearly Performance Comparison

	2026 (YTD)	2025
STRC Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock	1.05%	10.08%
BLOX Nicholas Crypto Income ETF	15.73%	-10.03%

Correlation

The correlation between STRC and BLOX is 0.43, 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 Jul 30, 2025	0.43

Return for Risk

STRC vs. BLOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) and Nicholas Crypto Income ETF (BLOX). 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.

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

Drawdowns

STRC vs. BLOX - Drawdown Comparison

The maximum STRC drawdown since its inception was -6.39%, smaller than the maximum BLOX drawdown of -47.09%. Use the drawdown chart below to compare losses from any high point for STRC and BLOX.

Drawdown Indicators

	STRC	BLOX	Difference
Max Drawdown Largest peak-to-trough decline	-6.39%	-47.09%	+40.70%
Current Drawdown Current decline from peak	-4.29%	-19.99%	+15.70%
Average Drawdown Average peak-to-trough decline	-0.65%	-18.63%	+17.98%

Volatility

Volatility by Period

	STRC	BLOX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.25%	54.30%	-41.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.25%	54.30%	-41.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.25%	54.30%	-41.05%

Dividends

STRC vs. BLOX - Dividend Comparison

STRC's dividend yield for the trailing twelve months is around 9.44%, less than BLOX's 38.95% yield.

Position	TTM	2025
BLOX Nicholas Crypto Income ETF	38.95%	22.69%
STRC Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock	9.44%	4.31%

Frequently Asked Questions

Can I hold both STRC and BLOX in my portfolio?

STRC and BLOX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.