STRC vs. XLE

Last updated Jul 17, 2026

STRC (Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock) is a stock, while XLE (State Street Energy Select Sector SPDR ETF) is Energy Equities fund tracking the Energy Select Sector Index. At a 0.00 correlation, their price movements are largely independent.

Performance

STRC vs. XLE - 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 State Street Energy Select Sector SPDR ETF (XLE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STRC achieves a -6.40% return, which is significantly lower than XLE's 29.29% return.

STRC

• 1D: -2.69%
• 1M: -5.87%
• 6M: -8.36%
• YTD: -6.40%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XLE

• 1D: 0.92%
• 1M: 3.74%
• 6M: 21.42%
• YTD: 29.29%
• 1Y: 36.53%
• 3Y*: 15.59%
• 5Y*: 22.95%
• 10Y*: 9.47%

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

STRC vs. XLE - Yearly Performance Comparison

	2026 (YTD)	2025
STRC Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock	-6.40%	10.08%
XLE State Street Energy Select Sector SPDR ETF	29.29%	2.25%

Correlation

The correlation between STRC and XLE is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.00

Return for Risk

STRC vs. XLE — Risk / Return Rank

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

STRC

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

XLE

XLE Risk / Return Rank: 59
XLE Sharpe Ratio Rank: 67
XLE Sortino Ratio Rank: 61
XLE Omega Ratio Rank: 57
XLE Calmar Ratio Rank: 61
XLE Martin Ratio Rank: 49

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. XLE - 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 State Street Energy Select Sector SPDR ETF (XLE). 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.

	STRC	XLE	Difference
Sharpe ratio: Return per unit of total volatility	—	1.75	—
Sortino ratio: Return per unit of downside risk	—	2.32	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	2.45	—
Martin ratio: Return relative to average drawdown	—	6.58	—

Drawdowns

STRC vs. XLE - Drawdown Comparison

The maximum STRC drawdown since its inception was -23.49%, smaller than the maximum XLE drawdown of -71.26%. Use the drawdown chart below to compare losses from any high point for STRC and XLE.

Drawdown Indicators

	STRC	XLE	Difference
Max Drawdown Largest peak-to-trough decline	-23.49%	-71.26%	+47.77%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.98%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-20.14%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.04%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-66.81%	—
Current Drawdown Current decline from peak	-11.35%	-8.20%	-3.15%
Average Drawdown Average peak-to-trough decline	-1.59%	-17.95%	+16.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.57%	—

Volatility

Volatility by Period

	STRC	XLE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.10%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.65%	—
Volatility (1Y) Calculated over the trailing 1-year period	22.05%	20.96%	+1.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.05%	25.87%	-3.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.05%	29.58%	-7.53%

Dividends

STRC vs. XLE - Dividend Comparison

STRC's dividend yield for the trailing twelve months is around 13.91%, more than XLE's 2.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
STRC Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock	13.91%	4.31%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XLE State Street Energy Select Sector SPDR ETF	2.66%	3.28%	3.36%	3.55%	3.68%	4.21%	5.62%	6.72%	3.54%	3.03%	2.26%	3.39%

Frequently Asked Questions

Can I hold both STRC and XLE in my portfolio?

STRC and XLE have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.