STRF vs. STRC

Last updated Jun 3, 2026

STRF (Strategy 10.00% Series A Perpetual Strife Preferred Stock) and STRC (MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock) are both stocks. Both are in the Technology sector — STRF in Software - Application, STRC in Software - Infrastructure. At a 0.40 correlation, their price movements are largely independent.

Performance

STRF vs. STRC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strategy 10.00% Series A Perpetual Strife Preferred Stock (STRF) and MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STRF achieves a -1.80% return, which is significantly lower than STRC's 2.65% return.

STRF

• 1D: -2.07%
• 1M: -4.16%
• YTD: -1.80%
• 6M: -6.75%
• 1Y: 1.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

STRC

• 1D: -1.39%
• 1M: -2.22%
• YTD: 2.65%
• 6M: 4.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

STRF vs. STRC - Yearly Performance Comparison

	2026 (YTD)	2025
STRF Strategy 10.00% Series A Perpetual Strife Preferred Stock	-1.80%	-10.34%
STRC MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock	2.65%	9.19%

Correlation

The correlation between STRF and STRC is 0.40, 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 31, 2025	0.40

Fundamentals

Market Cap STRF : $32.32B STRC : $32.29B
EPS STRF : -$40.19 STRC : -$40.19
PS Ratio STRF : 60.69 STRC : 60.63
PB Ratio STRF : 0.88 STRC : 0.88
Total Revenue (TTM) STRF : $490.47M STRC : $490.47M
Gross Profit (TTM) STRF : $334.08M STRC : $334.08M
EBITDA (TTM) STRF : $466.93M STRC : $466.93M

Return for Risk

STRF vs. STRC — Risk / Return Rank

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

STRF

STRF Risk / Return Rank: 40
STRF Sharpe Ratio Rank: 43
STRF Sortino Ratio Rank: 36
STRF Omega Ratio Rank: 37
STRF Calmar Ratio Rank: 42
STRF Martin Ratio Rank: 42

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.

STRF vs. STRC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategy 10.00% Series A Perpetual Strife Preferred Stock (STRF) and MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). 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.

	STRF	STRC	Difference
Sharpe ratio Return per unit of total volatility	0.08	—	—
Sortino ratio Return per unit of downside risk	0.29	—	—
Omega ratio Gain probability vs. loss probability	1.04	—	—
Calmar ratio Return relative to maximum drawdown	0.12	—	—
Martin ratio Return relative to average drawdown	0.22	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	STRF	STRC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.08	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	1.20	-0.69

Drawdowns

STRF vs. STRC - Drawdown Comparison

The maximum STRF drawdown since its inception was -24.01%, which is greater than STRC's maximum drawdown of -6.39%. Use the drawdown chart below to compare losses from any high point for STRF and STRC.

Drawdown Indicators

	STRF	STRC	Difference
Max Drawdown Largest peak-to-trough decline	-24.01%	-6.39%	-17.62%
Max Drawdown (1Y) Largest decline over 1 year	-24.01%	—	—
Current Drawdown Current decline from peak	-17.90%	-2.77%	-15.13%
Average Drawdown Average peak-to-trough decline	-10.43%	-0.51%	-9.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.10%	—	—

Volatility

Volatility by Period

	STRF	STRC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.23%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.38%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	25.38%	12.24%	+13.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.49%	12.24%	+12.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.49%	12.24%	+12.25%

Dividends

STRF vs. STRC - Dividend Comparison

STRF's dividend yield for the trailing twelve months is around 10.47%, more than STRC's 9.29% yield.

Position	TTM	2025
STRC MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock	9.29%	4.31%
STRF Strategy 10.00% Series A Perpetual Strife Preferred Stock	10.47%	7.56%

Financials

Frequently Asked Questions

Can I hold both STRF and STRC in my portfolio?

STRF and STRC have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.