STRC vs. FOF

Last updated Apr 1, 2026

Compare and contrast key facts about MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) and Cohen & Steers Closed-End Opportunity Fund (FOF).

FOF is an actively managed fund by Cohen & Steers. It was launched on Nov 24, 2006.

Performance

STRC vs. FOF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) and Cohen & Steers Closed-End Opportunity Fund (FOF). The values are adjusted to include any dividend payments, if applicable.

STRC vs. FOF - Yearly Performance Comparison

	2026 (YTD)	2025
STRC MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock	4.14%	9.19%
FOF Cohen & Steers Closed-End Opportunity Fund	-0.96%	6.04%

Returns By Period

In the year-to-date period, STRC achieves a 4.14% return, which is significantly higher than FOF's -0.96% return.

STRC

• 1D: 0.06%
• 1M: 0.99%
• YTD: 4.14%
• 6M: 8.87%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FOF

• 1D: 1.83%
• 1M: -10.52%
• YTD: -0.96%
• 6M: 2.28%
• 1Y: 15.30%
• 3Y*: 14.99%
• 5Y*: 8.04%
• 10Y*: 10.65%

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

Return for Risk

STRC vs. FOF — Risk / Return Rank

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

FOF

FOF Risk / Return Rank: 42
FOF Sharpe Ratio Rank: 40
FOF Sortino Ratio Rank: 43
FOF Omega Ratio Rank: 52
FOF Calmar Ratio Rank: 37
FOF Martin Ratio Rank: 38

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.

STRC vs. FOF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) and Cohen & Steers Closed-End Opportunity Fund (FOF). 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.

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

Sharpe Ratios by Period

	STRC	FOF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.83	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.45	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.53	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.58	0.31	+1.27

Correlation

The correlation between STRC and FOF is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

STRC vs. FOF - Dividend Comparison

STRC's dividend yield for the trailing twelve months is around 7.07%, less than FOF's 8.14% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
STRC MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock	7.07%	4.31%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FOF Cohen & Steers Closed-End Opportunity Fund	8.14%	7.91%	8.22%	9.32%	9.99%	7.06%	8.41%	7.78%	9.41%	7.84%	8.90%	9.49%

Drawdowns

STRC vs. FOF - Drawdown Comparison

The maximum STRC drawdown since its inception was -6.39%, smaller than the maximum FOF drawdown of -59.38%. Use the drawdown chart below to compare losses from any high point for STRC and FOF.

Drawdown Indicators

	STRC	FOF	Difference
Max Drawdown Largest peak-to-trough decline	-6.39%	-59.38%	+52.99%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.07%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.96%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-49.74%	—
Current Drawdown Current decline from peak	0.00%	-13.52%	+13.52%
Average Drawdown Average peak-to-trough decline	-0.60%	-9.37%	+8.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.73%	—

Volatility

Volatility by Period

	STRC	FOF	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.09%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.03%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.46%	18.57%	-5.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.46%	17.99%	-4.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.46%	20.25%	-6.79%