VGT vs. MSTR

Last updated Jun 14, 2026

VGT (Vanguard Information Technology ETF) is Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index, while MSTR (Strategy Inc) is a stock. Over the past 10 years, VGT returned 25.19%/yr vs 20.92%/yr for MSTR. A 0.52 correlation means they provide meaningful diversification when combined.

Performance

VGT vs. MSTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Information Technology ETF (VGT) and Strategy Inc (MSTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VGT achieves a 24.03% return, which is significantly higher than MSTR's -18.41% return. Over the past 10 years, VGT has outperformed MSTR with an annualized return of 25.19%, while MSTR has yielded a comparatively lower 20.92% annualized return.

VGT

• 1D: 0.58%
• 1M: 3.03%
• YTD: 24.03%
• 6M: 24.13%
• 1Y: 50.48%
• 3Y*: 29.84%
• 5Y*: 20.35%
• 10Y*: 25.19%

MSTR

• 1D: 3.18%
• 1M: -30.13%
• YTD: -18.41%
• 6M: -29.74%
• 1Y: -67.62%
• 3Y*: 63.46%
• 5Y*: 19.14%
• 10Y*: 20.92%

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

VGT vs. MSTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VGT Vanguard Information Technology ETF	24.03%	21.77%	29.30%	52.66%	-29.70%	30.45%	46.04%	48.62%	2.46%	37.08%
MSTR Strategy Inc	-18.41%	-47.53%	358.54%	346.15%	-74.00%	40.13%	172.42%	11.65%	-2.70%	-33.49%

Correlation

The correlation between VGT and MSTR is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (10Y) Calculated over the trailing 10-year period	0.49
Correlation (All Time) Calculated using the full available price history since Jan 30, 2004	0.52

The correlation between VGT and MSTR has been stable across timeframes, ranging from 0.43 to 0.53 - a consistent structural relationship.

Return for Risk

VGT vs. MSTR — Risk / Return Rank

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

VGT

VGT Risk / Return Rank: 70
VGT Sharpe Ratio Rank: 79
VGT Sortino Ratio Rank: 71
VGT Omega Ratio Rank: 72
VGT Calmar Ratio Rank: 67
VGT Martin Ratio Rank: 59

MSTR

MSTR Risk / Return Rank: 8
MSTR Sharpe Ratio Rank: 6
MSTR Sortino Ratio Rank: 4
MSTR Omega Ratio Rank: 7
MSTR Calmar Ratio Rank: 8
MSTR Martin Ratio Rank: 13

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.

VGT vs. MSTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Information Technology ETF (VGT) and Strategy Inc (MSTR). 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.

	VGT	MSTR	Difference
Sharpe ratio: Return per unit of total volatility	2.19	-0.95	+3.14
Sortino ratio: Return per unit of downside risk	2.74	-1.71	+4.45
Omega ratio: Gain probability vs. loss probability	1.36	0.82	+0.55
Calmar ratio: Return relative to maximum drawdown	2.94	-0.88	+3.82
Martin ratio: Return relative to average drawdown	9.11	-1.27	+10.38

VGT vs. MSTR - Sharpe Ratio Comparison

The current VGT Sharpe Ratio is 2.19, which is higher than the MSTR Sharpe Ratio of -0.95. The chart below compares the historical Sharpe Ratios of VGT and MSTR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VGT vs. MSTR - Drawdown Comparison

The maximum VGT drawdown since its inception was -54.63%, smaller than the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for VGT and MSTR.

Drawdown Indicators

	VGT	MSTR	Difference
Max Drawdown Largest peak-to-trough decline	-54.63%	-99.86%	+45.23%
Max Drawdown (1Y) Largest decline over 1 year	-16.40%	-76.53%	+60.13%
Max Drawdown (3Y) Largest decline over 3 years	-27.23%	-77.42%	+50.19%
Max Drawdown (5Y) Largest decline over 5 years	-35.07%	-84.11%	+49.04%
Max Drawdown (10Y) Largest decline over 10 years	-35.07%	-89.27%	+54.20%
Current Drawdown Current decline from peak	-7.18%	-73.84%	+66.66%
Average Drawdown Average peak-to-trough decline	-7.95%	-86.45%	+78.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.28%	53.01%	-47.73%

Volatility

VGT vs. MSTR - Volatility Comparison

The current volatility for Vanguard Information Technology ETF (VGT) is 10.00%, while Strategy Inc (MSTR) has a volatility of 21.60%. This indicates that VGT experiences smaller price fluctuations and is considered to be less risky than MSTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VGT	MSTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.00%	21.60%	-11.60%
Volatility (6M) Calculated over the trailing 6-month period	18.00%	57.34%	-39.34%
Volatility (1Y) Calculated over the trailing 1-year period	22.00%	71.15%	-49.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.40%	90.79%	-65.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.72%	73.80%	-49.08%

Dividends

VGT vs. MSTR - Dividend Comparison

VGT's dividend yield for the trailing twelve months is around 0.33%, while MSTR has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MSTR Strategy Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VGT Vanguard Information Technology ETF	0.33%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both VGT and MSTR in my portfolio?

VGT and MSTR have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VGT or MSTR?

MSTR has higher volatility (21.60%) compared to VGT (10.00%). In terms of maximum drawdown, VGT dropped -54.63% vs MSTR's -99.86%.

Which has better risk-adjusted returns?

VGT currently has the higher Sharpe Ratio (2.19 vs -0.95), 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.