STRK vs. STRF

Last updated Jun 4, 2026

STRK (MicroStrategy Incorporated) and STRF (Strategy 10.00% Series A Perpetual Strife Preferred Stock) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past year, STRK returned -29.79% vs -0.60% for STRF. A 0.65 correlation means they provide meaningful diversification when combined.

Performance

STRK vs. STRF - Performance Comparison

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

Returns By Period

In the year-to-date period, STRK achieves a -11.25% return, which is significantly lower than STRF's -2.86% return.

STRK

• 1D: -2.28%
• 1M: -12.42%
• YTD: -11.25%
• 6M: -17.07%
• 1Y: -29.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

STRF

• 1D: -1.08%
• 1M: -5.06%
• YTD: -2.86%
• 6M: -7.52%
• 1Y: -0.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

STRK vs. STRF - Yearly Performance Comparison

	2026 (YTD)	2025
STRK MicroStrategy Incorporated	-11.25%	-2.94%
STRF Strategy 10.00% Series A Perpetual Strife Preferred Stock	-2.86%	16.74%

Correlation

The correlation between STRK and STRF is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (All Time) Calculated using the full available price history since Mar 27, 2025	0.65

The correlation between STRK and STRF has been stable across timeframes, ranging from 0.65 to 0.67 - a consistent structural relationship.

Fundamentals

Market Cap STRK : $22.75B STRF : $31.97B
EPS STRK : -$40.19 STRF : -$40.19
PS Ratio STRK : 42.72 STRF : 60.03
PB Ratio STRK : 0.62 STRF : 0.87
Total Revenue (TTM) STRK : $490.47M STRF : $490.47M
Gross Profit (TTM) STRK : $334.08M STRF : $334.08M
EBITDA (TTM) STRK : $466.93M STRF : $466.93M

Return for Risk

STRK vs. STRF — Risk / Return Rank

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

STRK

STRK Risk / Return Rank: 12
STRK Sharpe Ratio Rank: 8
STRK Sortino Ratio Rank: 8
STRK Omega Ratio Rank: 10
STRK Calmar Ratio Rank: 14
STRK Martin Ratio Rank: 19

STRF

STRF Risk / Return Rank: 37
STRF Sharpe Ratio Rank: 39
STRF Sortino Ratio Rank: 32
STRF Omega Ratio Rank: 33
STRF Calmar Ratio Rank: 39
STRF Martin Ratio Rank: 39

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.

STRK vs. STRF - Risk-Adjusted Trends Comparison

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

	STRK	STRF	Difference
Sharpe ratio: Return per unit of total volatility	-0.84	-0.02	-0.82
Sortino ratio: Return per unit of downside risk	-1.20	0.15	-1.34
Omega ratio: Gain probability vs. loss probability	0.86	1.02	-0.16
Calmar ratio: Return relative to maximum drawdown	-0.71	-0.02	-0.69
Martin ratio: Return relative to average drawdown	-1.04	-0.05	-1.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

STRK vs. STRF - Sharpe Ratio Comparison

The current STRK Sharpe Ratio is -0.84, which is lower than the STRF Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of STRK and STRF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	STRK	STRF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.84	-0.02	-0.82
Sharpe Ratio (All Time) Calculated using the full available price history	-0.24	0.46	-0.70

Drawdowns

STRK vs. STRF - Drawdown Comparison

The maximum STRK drawdown since its inception was -41.90%, which is greater than STRF's maximum drawdown of -24.01%. Use the drawdown chart below to compare losses from any high point for STRK and STRF.

Drawdown Indicators

	STRK	STRF	Difference
Max Drawdown Largest peak-to-trough decline	-41.90%	-24.01%	-17.89%
Max Drawdown (1Y) Largest decline over 1 year	-41.90%	-24.01%	-17.89%
Current Drawdown Current decline from peak	-41.90%	-18.79%	-23.11%
Average Drawdown Average peak-to-trough decline	-21.72%	-10.46%	-11.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.59%	13.15%	+15.44%

Volatility

STRK vs. STRF - Volatility Comparison

MicroStrategy Incorporated (STRK) has a higher volatility of 5.70% compared to Strategy 10.00% Series A Perpetual Strife Preferred Stock (STRF) at 3.35%. This indicates that STRK's price experiences larger fluctuations and is considered to be riskier than STRF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STRK	STRF	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.70%	3.35%	+2.35%
Volatility (6M) Calculated over the trailing 6-month period	22.29%	14.24%	+8.05%
Volatility (1Y) Calculated over the trailing 1-year period	35.59%	25.39%	+10.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.08%	24.47%	+10.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.08%	24.47%	+10.61%

Dividends

STRK vs. STRF - Dividend Comparison

STRK's dividend yield for the trailing twelve months is around 11.74%, more than STRF's 10.59% yield.

Position	TTM	2025
STRF Strategy 10.00% Series A Perpetual Strife Preferred Stock	10.59%	7.56%
STRK MicroStrategy Incorporated	11.74%	9.19%

Financials

Frequently Asked Questions

Can I hold both STRK and STRF in my portfolio?

STRK and STRF have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STRK or STRF?

STRK has higher volatility (5.70%) compared to STRF (3.35%). In terms of maximum drawdown, STRK dropped -41.90% vs STRF's -24.01%.

Which has better risk-adjusted returns?

STRF currently has the higher Sharpe Ratio (-0.02 vs -0.84), 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.